FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund

CIK: 0001731530 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 13, 2021

Total Value ($000): $317,385 (100.0% shares, 0.0% debt)

Holdings (30)

EB EVENTBRITE INC 7.5%

Value ($000) $23,750 Shares 1,250,000 Est. Cost $14.96 Unrealized +41.7%

UPWK UPWORK INC 6.6%

Value ($000) $20,984 Shares 360,000 Est. Cost $10.82 Unrealized +334.5%

WD WALKER & DUNLOP INC 6.4%

Value ($000) $20,354 Shares 195,000 Est. Cost $47.73 Unrealized +93.2%

SEMR SEMRUSH HLDGS INC 5.8%

Value ($000) $18,433 Shares 800,744 Est. Cost $17.41 Unrealized 0.0%

LYFT LYFT INC 5.7%

Value ($000) $18,144 Shares 300,000 Est. Cost $41.74 Unrealized +37.8%

ORLY OREILLY AUTOMOTIVE INC 4.8%

Value ($000) $15,288 Shares 27,000 Est. Cost $27.75 Unrealized +29.3%

SPOT SPOTIFY TECHNOLOGY S A 4.8%

Value ($000) $15,157 Shares 55,000 Est. Cost $184.94 Unrealized +37.2%

CLW CLEARWATER PAPER CORP 4.3%

Value ($000) $13,648 Shares 471,100 Est. Cost $28.92 Unrealized +8.0%

CNNE CANNAE HLDGS INC 4.1%

Value ($000) $13,055 Shares 385,000 Est. Cost $38.46 Unrealized -7.7%

MSFT MICROSOFT CORP 4.0%

Value ($000) $12,732 Shares 47,000 Est. Cost $159.17 Unrealized +53.8%

CRM SALESFORCE COM INC 3.8%

Value ($000) $12,214 Shares 50,000 Est. Cost $177.40 Unrealized +28.4%

TKR TIMKEN CO 3.7%

Value ($000) $11,686 Shares 145,000 Est. Cost $82.81 Unrealized +2.2%

FISV FISERV INC 3.5%

Value ($000) $11,223 Shares 105,000 Est. Cost $114.83 Unrealized +1.2%

TPB TURNING PT BRANDS INC 3.3%

Value ($000) $10,371 Shares 226,600 Est. Cost $27.70 Unrealized +66.9%

MTCH MATCH GROUP INC NEW 3.3%

Value ($000) $10,352 Shares 64,200 Est. Cost $103.47 Unrealized +38.4%

EEFT EURONET WORLDWIDE INC 3.2%

Value ($000) $10,151 Shares 75,000 Est. Cost $99.87 Unrealized +45.9%

— TILE SHOP HLDGS INC 3.1%

Value ($000) $9,982 Shares 1,240,000 Est. Cost $8.05 Unrealized —

PRSU VIAD CORP 3.0%

Value ($000) $9,472 Shares 190,000 Est. Cost $24.35 Unrealized +81.6%

PZZA PAPA JOHNS INTL INC 3.0%

Value ($000) $9,400 Shares 90,000 Est. Cost $57.14 Unrealized +47.7%

PGR PROGRESSIVE CORP 2.9%

Value ($000) $9,330 Shares 95,000 Est. Cost $62.48 Unrealized +41.6%

TJX TJX COS INC NEW 2.8%

Value ($000) $8,765 Shares 130,000 Est. Cost $53.16 Unrealized +19.8%

FNF FIDELITY NATIONAL FINANCIAL 2.7%

Value ($000) $8,475 Shares 195,000 Est. Cost $21.97 Unrealized +59.3%

— 1LIFE HEALTHCARE INC 2.3%

Value ($000) $7,157 Shares 216,500 Est. Cost $33.06 Unrealized —

MERC MERCER INTL INC 1.4%

Value ($000) $4,526 Shares 355,000 Est. Cost $10.06 Unrealized +27.0%

SKIN THE BEAUTY HEALTH COMPANY 1.1%

Value ($000) $3,477 Shares 206,989 Est. Cost $13.68 Unrealized 0.0%

— EVENTBRITE INC 0.9%

Value ($000) $2,850 Shares 150,000 Est. Cost — Unrealized —

PGNY PROGYNY INC 0.7%

Value ($000) $2,360 Shares 40,000 Est. Cost $27.57 Unrealized +103.7%

— LYFT INC 0.7%

Value ($000) $2,238 Shares 37,000 Est. Cost — Unrealized —

— NAM TAI PPTY INC 0.4%

Value ($000) $1,386 Shares 50,000 Est. Cost — Unrealized —

S SENTINELONE INC 0.1%

Value ($000) $425 Shares 10,000 Est. Cost $42.50 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EB	EVENTBRITE INC	1,250,000	$23,750	7.5%	$14.96	+41.7%	COM CL A	29975E109
UPWK	UPWORK INC	360,000	$20,984	6.6%	$10.82	+334.5%	COM	91688F104
WD	WALKER & DUNLOP INC	195,000	$20,354	6.4%	$47.73	+93.2%	COM	93148P102
SEMR	SEMRUSH HLDGS INC	800,744	$18,433	5.8%	$17.41	0.0%	CL A COM	81686C104
LYFT	LYFT INC	300,000	$18,144	5.7%	$41.74	+37.8%	CL A COM	55087P104
ORLY	OREILLY AUTOMOTIVE INC	27,000	$15,288	4.8%	$27.75	+29.3%	COM	67103H107
SPOT	SPOTIFY TECHNOLOGY S A	55,000	$15,157	4.8%	$184.94	+37.2%	SHS	L8681T102
CLW	CLEARWATER PAPER CORP	471,100	$13,648	4.3%	$28.92	+8.0%	COM	18538R103
CNNE	CANNAE HLDGS INC	385,000	$13,055	4.1%	$38.46	-7.7%	COM	13765N107
MSFT	MICROSOFT CORP	47,000	$12,732	4.0%	$159.17	+53.8%	COM	594918104
CRM	SALESFORCE COM INC	50,000	$12,214	3.8%	$177.40	+28.4%	COM	79466L302
TKR	TIMKEN CO	145,000	$11,686	3.7%	$82.81	+2.2%	COM	887389104
FISV	FISERV INC	105,000	$11,223	3.5%	$114.83	+1.2%	COM	337738108
TPB	TURNING PT BRANDS INC	226,600	$10,371	3.3%	$27.70	+66.9%	COM	90041L105
MTCH	MATCH GROUP INC NEW	64,200	$10,352	3.3%	$103.47	+38.4%	COM	57667L107
EEFT	EURONET WORLDWIDE INC	75,000	$10,151	3.2%	$99.87	+45.9%	COM	298736109
—	TILE SHOP HLDGS INC	1,240,000	$9,982	3.1%	$8.05	—	COM	88677Q109
PRSU	VIAD CORP	190,000	$9,472	3.0%	$24.35	+81.6%	COM	92552R406
PZZA	PAPA JOHNS INTL INC	90,000	$9,400	3.0%	$57.14	+47.7%	COM	698813102
PGR	PROGRESSIVE CORP	95,000	$9,330	2.9%	$62.48	+41.6%	COM	743315103
TJX	TJX COS INC NEW	130,000	$8,765	2.8%	$53.16	+19.8%	COM	872540109
FNF	FIDELITY NATIONAL FINANCIAL	195,000	$8,475	2.7%	$21.97	+59.3%	FNF GROUP COM	31620R303
—	1LIFE HEALTHCARE INC	216,500	$7,157	2.3%	$33.06	—	COM	68269G107
MERC	MERCER INTL INC	355,000	$4,526	1.4%	$10.06	+27.0%	COM	588056101
SKIN	THE BEAUTY HEALTH COMPANY	206,989	$3,477	1.1%	$13.68	0.0%	COM CL A	88331L108
—	EVENTBRITE INC	150,000	$2,850	0.9%	—	—	Call	29975E909
PGNY	PROGYNY INC	40,000	$2,360	0.7%	$27.57	+103.7%	COM	74340E103
—	LYFT INC	37,000	$2,238	0.7%	—	—	Call	55087P904
—	NAM TAI PPTY INC	50,000	$1,386	0.4%	—	—	Put	G63907952
S	SENTINELONE INC	10,000	$425	0.1%	$42.50	0.0%	CL A	81730H109