NEW SOUTH CAPITAL MANAGEMENT INC's Q1 2022 13F: 1 new position, 3 exits
Form 13F-HR for the quarter ended Mar 31, 2022 · filed May 12, 2022 · 64 reported positions · accession 0001044797-22-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | TEGNA Inc. (TGNA) | 4.6% | — | −4.6 pts | −7.44M sh | −100% |
| Increased | Vertiv Holdings LLC (VRT) | 5.8% | 5.7% | −0.1 pts | +3.81M sh | +54% |
| Reduced | Evoqua Water Technologies Corp (AQUA) | 3.6% | 3.1% | −0.5 pts | −558K sh | −24% |
| Increased | Frontdoor Inc. (FTDR) | 1.4% | 2.1% | +0.7 pts | +721K sh | +61% |
| Increased | LKQ Corp. (LKQ) | 2.6% | 3.0% | +0.4 pts | +456K sh | +34% |
| Reduced | AutoZone Inc. (AZO) | 5.7% | 5.9% | +0.2 pts | −4,714 sh | −6% |
| Increased | Discovery Inc. Cl C (DISCK) | 1.6% | 2.3% | +0.7 pts | +352K sh | +16% |
| Increased | Amerisafe Inc. (AMSF) | 0.4% | 0.6% | +0.2 pts | +107K sh | +50% |
| Reduced | Zebra Technologies Corp. Cl A (ZBRA) | 9.6% | 7.3% | −2.2 pts | −12,824 sh | −3% |
| Increased | Cognyte Software Ltd. (CGNT) | 0.6% | 0.6% | +0.1 pts | +388K sh | +37% |
| Reduced | Thermo Fisher Scientific Inc. (TMO) | 4.5% | 4.3% | −0.2 pts | −7,181 sh | −4% |
| Increased | Treehouse Foods Inc. (THS) | 0.8% | 0.8% | +0.1 pts | +131K sh | +23% |
| Increased | Wesco Intl Inc. (WCC) | 3.5% | 4.0% | +0.6 pts | +31,132 sh | +4% |
| New | Fidelity Natl Info Services (FIS) | — | 0.1% | +0.1 pts | +35,440 sh | new |
| Reduced | Avantor Inc. (AVTR) | 2.4% | 2.1% | −0.4 pts | −101K sh | −6% |
| Increased | Garrett Motion Inc. (GTX) | 0.5% | 0.7% | +0.1 pts | +455K sh | +23% |
| Increased | Viasat Inc. (VSAT) | 2.9% | 3.7% | +0.8 pts | +60,919 sh | +3% |
| Reduced | iShares - Russell 2000 Value (IWN) | 0.4% | 0.4% | −0.1 pts | −17,075 sh | −21% |
| Reduced | FMC Corp. (FMC) | 2.6% | 3.4% | +0.8 pts | −18,973 sh | −3% |
| Increased | Stanley Black & Decker (SWK) | 1.4% | 1.2% | −0.1 pts | +16,555 sh | +8% |
| Reduced | EnerSys Inc. (ENS) | 2.3% | 2.4% | +0.1 pts | −26,791 sh | −3% |
| Reduced | MSC Industrial Direct Co-A (MSM) | 2.8% | 3.2% | +0.3 pts | −23,285 sh | −2% |
| Reduced | Open Text Corp. (OTEX) | 3.9% | 3.8% | 0.0 pts | −43,208 sh | −2% |
| Reduced | Fiserv Inc. (FISV) | 2.9% | 3.1% | +0.2 pts | −16,404 sh | −2% |
| Reduced | Amdocs LTD (DOX) | 1.6% | 1.9% | +0.3 pts | −17,980 sh | −3% |
| Reduced | Euronet Worldwide Inc. (EEFT) | 2.0% | 2.5% | +0.4 pts | −9,985 sh | −2% |
| Reduced | CGI Inc. (GIB) | 2.6% | 2.6% | 0.0 pts | −15,971 sh | −2% |
| Reduced | Hanesbrands Inc. (HBI) | 2.0% | 1.9% | 0.0 pts | −80,147 sh | −2% |
| Reduced | Howard Hughes Corp. (HHC) | 2.7% | 3.0% | +0.4 pts | −11,304 sh | −1% |
| Reduced | SS&C Technologies Hldgs (SSNC) | 1.8% | 1.8% | 0.0 pts | −14,946 sh | −2% |
| Increased | Upland Software Inc. (UPLD) | 0.7% | 0.8% | +0.1 pts | +58,380 sh | +5% |
| Reduced | Kforce, Inc. (KFRC) | 1.4% | 1.5% | +0.1 pts | −13,463 sh | −2% |
| Reduced | FedEx Corp. (FDX) | 1.9% | 1.9% | 0.0 pts | −3,983 sh | −2% |
| Reduced | Brookfield Renewable Corp. (BEPC) | 0.6% | 0.8% | +0.2 pts | −19,795 sh | −4% |
| Increased | Kemper Corp. (KMPR) | 0.6% | 0.7% | +0.1 pts | +14,676 sh | +5% |
| Reduced | Element Solutions Inc. (ESI) | 1.2% | 1.2% | 0.0 pts | −37,398 sh | −2% |
| Reduced | Wex Inc. (WEX) | 0.6% | 0.8% | +0.2 pts | −4,220 sh | −3% |
| Reduced | FirstCash Holdings Inc. (FCFS) | 1.0% | 1.0% | 0.0 pts | −10,542 sh | −3% |
| Reduced | iShares - Russell 2000 (IWM) | 0.1% | 0.1% | 0.0 pts | −3,526 sh | −25% |
| Reduced | Rush Enterprises Inc. Class A (RUSHA) | 1.1% | 1.1% | 0.0 pts | −14,189 sh | −2% |
| Reduced | Marriott Vacations Worldwide C (VAC) | 0.9% | 1.0% | 0.0 pts | −4,098 sh | −2% |
| Reduced | NV5 Global Inc. (NVEE) | 0.9% | 0.9% | +0.1 pts | −4,665 sh | −2% |
| Increased | OneSpaWorld Holdings Ltd (OSW) | 1.1% | 1.3% | +0.2 pts | +54,152 sh | +2% |
| Increased | iShares Short-Term Corporate B (IGSB) | 0.1% | 0.1% | 0.0 pts | +9,075 sh | +17% |
| Reduced | Brookfield Asset Mgmt Inc. Cla (BAMXXXX) | 2.0% | 2.1% | +0.1 pts | −8,010 sh | −1% |
| Reduced | Ares Capital Corp. (ARCC) | 0.6% | 0.7% | +0.1 pts | −21,167 sh | −2% |
| Reduced | UniFirst Corp. (UNF) | 0.6% | 0.6% | 0.0 pts | −2,108 sh | −2% |
| Reduced | AMN Healthcare Services (AMN) | 0.6% | 0.5% | 0.0 pts | −3,279 sh | −2% |
| Reduced | Liberty SiriusXM Group (LSXMK) | 1.0% | 1.0% | 0.0 pts | −7,249 sh | −1% |
| Reduced | Service Corp. International (SCI) | 0.1% | 0.1% | 0.0 pts | −3,935 sh | −13% |
The 50 largest of 60 changes, by size of the trade. Full holdings for this quarter.
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 — 44.5% of the equity book
Changes in the top 10 this quarter: FMC entered · MSM entered · TGNA left · FISV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Zebra Technologies Corp. Cl A (ZBRA) | 9.6% | 7.3% | |
| 2 | AutoZone Inc. (AZO) | 5.7% | 5.9% | |
| 3 | Vertiv Holdings LLC (VRT) | 5.8% | 5.7% | |
| 4 | Thermo Fisher Scientific Inc. (TMO) | 4.5% | 4.3% | |
| 5 | Wesco Intl Inc. (WCC) | 3.5% | 4.0% | |
| 6 | Open Text Corp. (OTEX) | 3.9% | 3.8% | |
| 7 | Viasat Inc. (VSAT) | 2.9% | 3.7% | |
| 8 | FMC Corp. (FMC) | 2.6% | 3.4% | Entered the top 10 |
| 9 | MSC Industrial Direct Co-A (MSM) | 2.8% | 3.2% | Entered the top 10 |
| 10 | Evoqua Water Technologies Corp (AQUA) | 3.6% | 3.1% | |
| — | TEGNA Inc. (TGNA) | 4.6% | 0.0% | Left the top 10 |
| — | Fiserv Inc. (FISV) | 2.9% | 3.1% | 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).