FIRST SABREPOINT CAPITAL MANAGEMENT LP
Follow13F filer, CIK 1731530, DALLAS, TX
FIRST SABREPOINT CAPITAL MANAGEMENT LP reported $344,401,082 across 46 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-15. Its ten largest share positions make up 57.22% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001731530-24-000006
- Period
- 2024-09-30
- Reported value
- $344M
- Holdings
- 46
- Top 10 weight
- 57.22%
- New
- 15
- Sold out
- 15
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| VSTnew | +150,000 | $17.8M |
| WDadded | +75,000 | $8.52M |
| PYPLnew | +105,000 | $8.19M |
| AESInew | +370,000 | $8.07M |
| TPBnew | +174,203 | $7.52M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GXOexited | -210,000 | -$10.6M |
| CRHexited | -135,000 | -$10.1M |
| GRBKreduced | -119,000 | -$9.94M |
| WDCexited | -125,000 | -$9.47M |
| MAAreduced | -40,000 | -$6.36M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001731530-24-000006, largest first. % of portfolio is the value over $259,378,700, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| FCFSFIRSTCASH HOLDINGS INC | 200,000 | $23M | 8.85% | +35,000 | Timeline | ||
| VSTVISTRA CORP | 150,000 | $17.8M | 6.86% | new | Timeline | ||
| WDWALKER & DUNLOP INC | 150,000 | $17M | 6.57% | +75,000 | Timeline | ||
| LAURLAUREATE ED INC | 1,000,000 | $16.6M | 6.4% | -249,000 | Timeline | ||
| MAAMID-AMER APT CMNTYS INC | 100,000 | $15.9M | 6.13% | -40,000 | Timeline | ||
| MSFTMICROSOFT CORP | 35,000 | $15.1M | 5.81% | 0 | Timeline | ||
| PMPHILIP MORRIS INTL INC | 100,000 | $12.1M | 4.68% | 0 | Timeline | ||
| EEFTEURONET WORLDWIDE INC | 109,768 | $10.9M | 4.2% | -7,232 | Timeline | ||
| STRLSTERLING INFRASTRUCTURE INC | 70,000 | $10.2M | 3.91% | +5,000 | Timeline | ||
| CPTCAMDEN PPTY TR | 80,000 | $9.88M | 3.81% | +5,000 | Timeline | ||
| WSCWILLSCOT HLDGS CORP | 238,143 | $8.95M | 3.45% | +35,492 | Timeline | ||
| EGYVAALCO ENERGY INC | 1,450,000 | $8.32M | 3.21% | -54,669 | Timeline | ||
| PYPLPAYPAL HLDGS INC | 105,000 | $8.19M | 3.16% | new | Timeline | ||
| AESIATLAS ENERGY SOLUTIONS INC | 370,000 | $8.07M | 3.11% | new | Timeline | ||
| TFINTRIUMPH FINANCIAL INC | 100,000 | $7.95M | 3.07% | -63,400 | Timeline | ||
| TPBTURNING PT BRANDS INC | 174,203 | $7.52M | 2.9% | new | Timeline | ||
| OABIOMNIAB INC | 1,665,000 | $7.04M | 2.72% | -210,000 | Timeline | ||
| TLNTALEN ENERGY CORP | 35,000 | $6.24M | 2.41% | new | Timeline | ||
| AZOAUTOZONE INC | 1,850 | $5.83M | 2.25% | -1,150 | Timeline | ||
| CVCOCAVCO INDS INC DEL | 12,750 | $5.46M | 2.11% | -1,950 | Timeline | ||
| MTHMERITAGE HOMES CORP | 26,000 | $5.33M | 2.06% | -12,500 | Timeline | ||
| OLNOLIN CORP | 110,000 | $5.28M | 2.03% | new | Timeline | ||
| GRBKGREEN BRICK PARTNERS INC | 60,000 | $5.01M | 1.93% | -119,000 | Timeline | ||
| DHID R HORTON INC | 25,500 | $4.86M | 1.88% | 0 | Timeline | ||
| BLDTOPBUILD COR | 11,200 | $4.56M | 1.76% | -2,300 | Timeline | ||
| NVRNVR INC | 430 | $4.22M | 1.63% | 0 | Timeline | ||
| NVGSNAVIGATOR HLDGS LTD | 186,296 | $2.99M | 1.15% | new | Timeline | ||
| IMXIINTERNATIONAL MONEY EXPRESS | 148,821 | $2.75M | 1.06% | new | Timeline | ||
| LOPEGRAND CANYON ED INC | 16,850 | $2.39M | 0.92% | new | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| FIRSTCASH HOLDINGS INCFIRSTCASH HOLDINGS INC CALL | call | 129,500 | $14.9M | -199,100 |
| GOOSEHEAD INS INCGOOSEHEAD INS INC PUT | put | 109,800 | $9.81M | +64,600 |
| IRON MTN INC DELIRON MTN INC DEL PUT | put | 76,000 | $9.03M | 0 |
| GRAND CANYON ED INCGRAND CANYON ED INC COM | call | 60,000 | $8.51M | 0 |
| HARROW INCHARROW INC COM | put | 180,000 | $8.09M | new |
| NEW FORTRESS ENERGY INCNEW FORTRESS ENERGY INC COM CL A | put | 525,000 | $4.77M | +435,000 |
| INARI MED INCINARI MED INC PUT | put | 110,800 | $4.57M | +105,800 |
| PROCEPT BIOROBOTICS CORPPROCEPT BIOROBOTICS CORP COM | put | 51,000 | $4.09M | -170,000 |
| INSEEGO CORPINSEEGO CORP PUT | put | 207,000 | $3.38M | new |
| HA SUSTAINABLE INFRA CAP INCHA SUSTAINABLE INFRA CAP INC COM | put | 95,000 | $3.27M | new |
| BANCORP INC DELBANCORP INC DEL PUT | put | 55,000 | $2.94M | new |
| MEDICAL PROPERTIES TRUST INCMEDICAL PROPERTIES TRUST INC COM | put | 500,000 | $2.92M | 0 |
| GOLD COM INCGOLD COM INC COM | put | 55,200 | $2.43M | new |
| WESTROCK COWESTROCK CO PUT | put | 370,700 | $2.41M | new |
| SWEETGREEN INCSWEETGREEN INC PUT | put | 50,000 | $1.77M | -10,000 |
| VITAL FARMS INCVITAL FARMS INC PUT | put | 35,000 | $1.23M | -15,000 |
| PALANTIR TECHNOLOGIES INCPALANTIR TECHNOLOGIES INC PUT | put | 25,000 | $930K | 0 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| GXOGXO LOGISTICS INCORPORATED | 210,000 | $10.6M | shares |
| CRHCRH PLC | 135,000 | $10.1M | shares |
| WDCWESTERN DIGITAL CORP | 125,000 | $9.47M | shares |
| ENPHASE ENERGY INCENPHASE ENERGY INC | 75,000 | $7.48M | put |
| CHART INDS INCCHART INDS INC | 35,000 | $5.05M | put |
| HA SUSTAINABLE INFRA CAP INCHA SUSTAINABLE INFRA CAP INC | 95,000 | $2.77M | put |
| BTDRBITDEER TECHNOLOGIES GROUP | 260,000 | $2.67M | shares |
| STXSEAGATE TECHNOLOGY HLDNGS PL | 25,000 | $2.58M | shares |
| ADAMS RESOURCES & ENERG…ADAMS RESOURCES & ENERGY INC | 80,794 | $2.26M | shares |
| WESTROCK COFFEE COWESTROCK COFFEE CO | 200,000 | $2.05M | put |
| WLYWILEY JOHN & SONS INC | 42,775 | $1.74M | shares |
| ENOVIX CORPORATIONENOVIX CORPORATION | 65,000 | $1M | put |
| FLUENCE ENERGY INCFLUENCE ENERGY INC | 42,500 | $737K | put |
| SOUNDHOUND AI INCSOUNDHOUND AI INC | 150,000 | $592K | put |
| POWELL INDS INCPOWELL INDS INC | 4,000 | $574K | put |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001731530-24-000006 | base | 2024-11-15 | acceptance time not in the bulk data set |