Freshford Capital Management LLC's Q4 2023 13F: 1 new position, 5 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 17 reported positions · accession 0000919574-24-001250
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ACTIVISION BLIZZARD INC (ATVI) | 11.4% | — | −11.4 pts | −730K sh | −100% |
| Reduced | GODADDY INC (GDDY) | 13.0% | 14.0% | +1.0 pts | −294K sh | −28% |
| Increased | KBR INC (KBR) | 6.1% | 9.3% | +3.2 pts | +345K sh | +55% |
| New | 10X GENOMICS INC (TXG) | — | 3.0% | +3.0 pts | +306K sh | new |
| Increased | ATLANTA BRAVES HLDGS INC (BATRK) | 2.4% | 5.2% | +2.8 pts | +350K sh | +85% |
| Increased | IAC INC (IAC) | 11.6% | 15.0% | +3.4 pts | +259K sh | +19% |
| Reduced | HARLEY DAVIDSON INC (HOG) | 3.7% | 2.2% | −1.5 pts | −326K sh | −48% |
| Reduced | BOX INC (BOX) | 5.3% | 4.5% | −0.8 pts | −298K sh | −23% |
| Reduced | ALPHABET INC (GOOGL) | 10.2% | 10.0% | −0.1 pts | −53,882 sh | −12% |
| Exited | TRUPANION INC (TRUP) | 1.2% | — | −1.2 pts | −261K sh | −100% |
| Increased | BAUSCH PLUS LOMB CORP (BLCO) | 3.8% | 5.2% | +1.4 pts | +403K sh | +30% |
| Exited | UPSTART HLDGS INC (UPST) | 1.0% | — | −1.0 pts | −218K sh | −100% |
| Reduced | COMTECH TELECOMMUNICATIONS C (CMTL) | 2.0% | 1.1% | −0.9 pts | −600K sh | −43% |
| Exited | PURPLE INNOVATION INC (PRPL) | 0.8% | — | −0.8 pts | −2.99M sh | −100% |
| Reduced | PREMIER INC (PINC) | 2.7% | 2.7% | 0.0 pts | −55,963 sh | −7% |
| Reduced | ANGI INC (ANGI) | 1.0% | 1.3% | +0.3 pts | −150K sh | −5% |
| Exited | LIBERTY MEDIA CORP DEL (LLYVK) | 0.1% | — | −0.1 pts | −9,433 sh | −100% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 84.4% of the equity book
Changes in the top 10 this quarter: BATRK entered · ATVI left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | IAC INC (IAC) | 11.6% | 15.0% | |
| 2 | GODADDY INC (GDDY) | 13.0% | 14.0% | |
| 3 | ALPHABET INC (GOOGL) | 10.2% | 10.0% | |
| 4 | KBR INC (KBR) | 6.1% | 9.3% | |
| 5 | RAPID7 INC (RPD) | 6.0% | 7.8% | |
| 6 | CONSTELLATION BRANDS INC (STZ) | 6.9% | 7.0% | |
| 7 | CHENIERE ENERGY INC (LNG) | 5.8% | 6.3% | |
| 8 | ATLANTA BRAVES HLDGS INC (BATRK) | 2.4% | 5.2% | Entered the top 10 |
| 9 | BAUSCH PLUS LOMB CORP (BLCO) | 3.8% | 5.2% | |
| 10 | BOX INC (BOX) | 5.3% | 4.5% | |
| — | ACTIVISION BLIZZARD INC (ATVI) | 11.4% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | SITEONE LANDSCAPE SUPPLY INC (SITE) | Put | 0 | 200K | $32.5M |
| New | TRUPANION INC (TRUP) | Put | 0 | 250K | $7.63M |