M D SASS INVESTORS SERVICES INC's Q3 2021 13F: 3 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2021 · filed Nov 15, 2021 · 32 reported positions · accession 0001172661-21-002403
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | LIBERTY BROADBAND CORP (LBRDK) | 4.7% | — | −4.7 pts | −163K sh | −100% |
| New | QUANTA SVCS INC (PWR) | — | 3.9% | +3.9 pts | +203K sh | new |
| Reduced | BRUNSWICK CORP (BC) | 3.3% | 0.4% | −3.0 pts | −180K sh | −89% |
| New | API GROUP CORP (APG) | — | 2.7% | +2.7 pts | +766K sh | new |
| New | GATES INDUSTRIAL CORPRATIN P (GTES) | — | 2.3% | +2.3 pts | +823K sh | new |
| Increased | WALKER & DUNLOP INC (WD) | 3.5% | 6.2% | +2.7 pts | +118K sh | +58% |
| Exited | TARGET CORP (TGT) | 2.2% | — | −2.2 pts | −56,120 sh | −100% |
| Reduced | SONY GROUP CORPORATION (SONY) | 5.0% | 4.2% | −0.9 pts | −91,119 sh | −29% |
| Increased | AIR PRODS & CHEMS INC (APD) | 2.7% | 3.8% | +1.1 pts | +30,523 sh | +53% |
| Reduced | LIBERTY MEDIA CORP DEL (FWONK) | 3.6% | 2.8% | −0.9 pts | −138K sh | −30% |
| Reduced | ALPHABET INC (GOOGL) | 3.7% | 3.1% | −0.6 pts | −2,397 sh | −26% |
| Increased | CROWN HLDGS INC (CCK) | 6.0% | 7.1% | +1.1 pts | +60,354 sh | +17% |
| Increased | BAUSCH HEALTH COS INC (BHC) | 4.0% | 4.9% | +0.8 pts | +192K sh | +23% |
| Reduced | RAYTHEON TECHNOLOGIES CORP (RTX) | 6.8% | 6.1% | −0.7 pts | −61,997 sh | −13% |
| Increased | MOHAWK INDS INC (MHK) | 3.7% | 4.3% | +0.5 pts | +23,712 sh | +20% |
| Reduced | NRG ENERGY INC (NRG) | 5.3% | 5.0% | −0.3 pts | −73,382 sh | −9% |
| Reduced | SCHWAB CHARLES CORP (SCHW) | 3.9% | 3.6% | −0.3 pts | −34,286 sh | −11% |
| Increased | LKQ CORP (LKQ) | 3.5% | 4.0% | +0.5 pts | +40,512 sh | +9% |
| Reduced | ALIBABA GROUP HLDG LTD (BABA) | 4.8% | 2.9% | −1.9 pts | −13,653 sh | −11% |
| Reduced | AMERISOURCEBERGEN CORP (COR) | 2.8% | 2.7% | −0.1 pts | −15,298 sh | −10% |
| Increased | AMAZON COM INC (AMZN) | 1.1% | 1.4% | +0.3 pts | +534 sh | +28% |
| Reduced | COMCAST CORP NEW (CMCSA) | 0.5% | 0.3% | −0.2 pts | −23,265 sh | −45% |
| Reduced | QORVO INC (QRVO) | 5.4% | 4.5% | −0.9 pts | −7,600 sh | −5% |
| Increased | AXALTA COATING SYS LTD (AXTA) | 5.8% | 5.9% | +0.1 pts | +41,085 sh | +4% |
| Increased | CACI INTL INC (CACI) | 3.9% | 4.4% | +0.4 pts | +4,559 sh | +5% |
| Increased | EAST WEST BANCORP INC (EWBC) | 4.5% | 5.2% | +0.7 pts | +14,112 sh | +4% |
| Increased | MOLSON COORS BEVERAGE CO (TAP) | 2.5% | 2.4% | −0.1 pts | +21,385 sh | +8% |
| Reduced | FACEBOOK INC (META) | 0.5% | 0.4% | −0.2 pts | −2,894 sh | −32% |
| Reduced | OPTION CARE HEALTH INC (OPCH) | 0.2% | 0.1% | −0.1 pts | −30,937 sh | −51% |
| Exited | PROSHARES TR (TBT) | 0.1% | — | −0.1 pts | −26,210 sh | −100% |
| Exited | WEX INC (WEX) | 0.1% | — | −0.1 pts | −2,525 sh | −100% |
| Exited | LIBERTY BROADBAND CORP (LBRDA) | 0.0% | — | 0.0 pts | −1,280 sh | −100% |
| Increased | GLOBE LIFE INC (GL) | 3.4% | 3.3% | −0.1 pts | +2,320 sh | +1% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 0.4% | 0.4% | 0.0 pts | −350 sh | −6% |
| Reduced | SURO CAPITAL CORP (SSSS) | 0.5% | 0.4% | 0.0 pts | −6,970 sh | −3% |
| Exited | TRINITY PL HLDGS INC (TPHS) | 0.0% | — | 0.0 pts | −14,513 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 — 53.5% of the equity book
Changes in the top 10 this quarter: WD entered · CACI entered · MHK entered · SONY left · BABA left · LBRDK left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CROWN HLDGS INC (CCK) | 6.0% | 7.1% | |
| 2 | WALKER & DUNLOP INC (WD) | 3.5% | 6.2% | Entered the top 10 |
| 3 | RAYTHEON TECHNOLOGIES CORP (RTX) | 6.8% | 6.1% | |
| 4 | AXALTA COATING SYS LTD (AXTA) | 5.8% | 5.9% | |
| 5 | EAST WEST BANCORP INC (EWBC) | 4.5% | 5.2% | |
| 6 | NRG ENERGY INC (NRG) | 5.3% | 5.0% | |
| 7 | BAUSCH HEALTH COS INC (BHC) | 4.0% | 4.9% | |
| 8 | QORVO INC (QRVO) | 5.4% | 4.5% | |
| 9 | CACI INTL INC (CACI) | 3.9% | 4.4% | Entered the top 10 |
| 10 | MOHAWK INDS INC (MHK) | 3.7% | 4.3% | Entered the top 10 |
| — | SONY GROUP CORPORATION (SONY) | 5.0% | 4.2% | Left the top 10 |
| — | ALIBABA GROUP HLDG LTD (BABA) | 4.8% | 2.9% | Left the top 10 |
| — | LIBERTY BROADBAND CORP (LBRDK) | 4.7% | 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).