NEW SOUTH CAPITAL MANAGEMENT INC's Q3 2023 13F: 2 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Oct 24, 2023 · 60 reported positions · accession 0001044797-23-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | Vertiv Holdings LLC (VRT) | 10.0% | 11.1% | +1.1 pts | −2.82M sh | −31% |
| New |
Howard Hughes Holdings Inc. (HHH)
new — newly listed security (e.g. spin-off)
|
— | 2.3% | +2.3 pts | +644K sh | new |
| Exited | Howard Hughes Corp. (HHC) | 2.3% | — | −2.3 pts | −649K sh | −100% |
| Exited | Viasat Inc. (VSAT) | 2.0% | — | −2.0 pts | −1.1M sh | −100% |
| Increased | Marriott Vacations Worldwide C (VAC) | 0.6% | 1.2% | +0.6 pts | +131K sh | +113% |
| Increased | DigitalBridge Group Inc. (DBRG) | 1.3% | 2.3% | +1.0 pts | +728K sh | +35% |
| Reduced | Sirius XM Holdings Inc. (SIRI) | 0.7% | 0.2% | −0.5 pts | −2.49M sh | −74% |
| Increased | AMN Healthcare Services (AMN) | 1.5% | 1.6% | +0.2 pts | +101K sh | +34% |
| Increased | Warner Bros. Discovery Inc. (WBD) | 1.9% | 2.1% | +0.2 pts | +712K sh | +21% |
| Increased | Shoe Carnival Inc. (SCVL) | 0.6% | 1.0% | +0.4 pts | +283K sh | +47% |
| Increased | Kemper Corp. (KMPR) | 1.7% | 1.9% | +0.2 pts | +158K sh | +20% |
| Increased | Euronet Worldwide Inc. (EEFT) | 2.1% | 1.8% | −0.3 pts | +62,125 sh | +15% |
| Reduced | AutoZone Inc. (AZO) | 7.0% | 7.5% | +0.5 pts | −1,325 sh | −2% |
| Increased | Fidelity Natl Info Services (FIS) | 0.2% | 0.4% | +0.2 pts | +59,380 sh | +59% |
| Increased | FMC Corp. (FMC) | 2.5% | 1.9% | −0.6 pts | +45,595 sh | +8% |
| Increased | ASGN Inc. (ASGN) | 1.0% | 1.3% | +0.3 pts | +35,918 sh | +13% |
| Increased | iShares - Russell 2000 Value (IWN) | 0.4% | 0.5% | +0.1 pts | +20,690 sh | +34% |
| Increased | Zebra Technologies Corp. Cl A (ZBRA) | 5.8% | 5.0% | −0.7 pts | +5,911 sh | +1% |
| Reduced | CGI Inc. (GIB) | 3.5% | 3.5% | 0.0 pts | −13,215 sh | −2% |
| Reduced | Wesco Intl Inc. (WCC) | 6.3% | 5.4% | −0.9 pts | −6,750 sh | −1% |
| Reduced | Thermo Fisher Scientific Inc. (TMO) | 4.0% | 4.1% | +0.1 pts | −1,744 sh | −1% |
| Reduced | Fiserv Inc. (FISV) | 3.8% | 3.6% | −0.2 pts | −6,805 sh | −1% |
| Reduced | EnerSys Inc. (ENS) | 3.3% | 3.1% | −0.2 pts | −7,197 sh | −1% |
| Reduced | MSC Industrial Direct Co-A (MSM) | 3.4% | 3.8% | +0.3 pts | −6,518 sh | −1% |
| Reduced | LKQ Corp. (LKQ) | 3.3% | 3.0% | −0.3 pts | −10,695 sh | −1% |
| Increased | iShares - Russell Mid Cap (IWR) | 0.1% | 0.1% | 0.0 pts | +7,165 sh | +29% |
| Increased | Hanesbrands Inc. (HBI) | 1.6% | 1.5% | −0.1 pts | +96,636 sh | +1% |
| Reduced | Element Solutions Inc. (ESI) | 1.7% | 1.9% | +0.2 pts | −18,150 sh | −1% |
| Reduced | Amdocs LTD (DOX) | 0.2% | 0.2% | 0.0 pts | −4,075 sh | −9% |
| Reduced | Kforce Inc. (KFRC) | 1.6% | 1.6% | 0.0 pts | −5,325 sh | −1% |
| Reduced | FedEx Corp. (FDX) | 2.1% | 2.4% | +0.3 pts | −995 sh | −1% |
| Reduced | FirstCash Holdings Inc. (FCFS) | 0.9% | 1.0% | +0.1 pts | −2,046 sh | −1% |
| Reduced | Wex Inc. (WEX) | 0.7% | 0.8% | +0.1 pts | −1,065 sh | −1% |
| Reduced | Rush Enterprises Inc. Class A (RUSHA) | 1.1% | 1.1% | +0.1 pts | −4,634 sh | −1% |
| Reduced | Treehouse Foods Inc. (THS) | 1.1% | 1.0% | −0.1 pts | −4,222 sh | −1% |
| Reduced | OneSpaWorld Holdings Ltd (OSW) | 1.3% | 1.3% | 0.0 pts | −15,322 sh | −1% |
| Reduced | Avantor Inc. (AVTR) | 1.4% | 1.5% | +0.1 pts | −7,455 sh | 0% |
| Reduced | Thermon Group Holding Inc. (THR) | 0.8% | 0.9% | +0.1 pts | −5,442 sh | −1% |
| Increased | Open Text Corp. (OTEX) | 5.1% | 4.6% | −0.5 pts | +4,085 sh | 0% |
| Reduced | Brookfield Renewable Corp. (BEPC) | 0.6% | 0.5% | −0.1 pts | −5,215 sh | −1% |
| Reduced | Stanley Black & Decker (SWK) | 1.1% | 1.0% | 0.0 pts | −1,410 sh | −1% |
| Reduced | Garrett Motion Inc. (GTX) | 0.6% | 0.7% | +0.1 pts | −14,164 sh | −1% |
| Reduced | NV5 Global Inc. (NVEE) | 0.7% | 0.6% | 0.0 pts | −1,102 sh | −1% |
| Reduced | Amerisafe Inc. (AMSF) | 0.5% | 0.5% | 0.0 pts | −1,923 sh | −1% |
| Reduced | Ares Capital Corp. (ARCC) | 0.5% | 0.6% | +0.1 pts | −4,584 sh | −1% |
| Increased | iShares Short-Term Corporate B (IGSB) | 0.1% | 0.2% | 0.0 pts | +1,720 sh | +3% |
| Reduced | UniFirst Corp. (UNF) | 0.4% | 0.5% | 0.0 pts | −488 sh | −1% |
| Reduced | Upland Software Inc. (UPLD) | 0.3% | 0.4% | +0.1 pts | −15,369 sh | −1% |
| Reduced | Brookfield Asset Management Lt (BAM) | 0.1% | 0.2% | 0.0 pts | −1,473 sh | −1% |
| Increased | Invesco Floating Rate ESG Fund | 0.1% | 0.1% | 0.0 pts | +5,473 sh | +2% |
The 50 largest of 54 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- Liberty SiriusXM Group (LSXMA): 531229409 → 531229813, 35,650 → 35,600 shares
- Liberty SiriusXM Group (LSXMK): 531229607 → 531229789, 487K → 952K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 51.6% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Vertiv Holdings LLC (VRT) | 10.0% | 11.1% | |
| 2 | AutoZone Inc. (AZO) | 7.0% | 7.5% | |
| 3 | Wesco Intl Inc. (WCC) | 6.3% | 5.4% | |
| 4 | Zebra Technologies Corp. Cl A (ZBRA) | 5.8% | 5.0% | |
| 5 | Open Text Corp. (OTEX) | 5.1% | 4.6% | |
| 6 | Thermo Fisher Scientific Inc. (TMO) | 4.0% | 4.1% | |
| 7 | MSC Industrial Direct Co-A (MSM) | 3.4% | 3.8% | |
| 8 | Fiserv Inc. (FISV) | 3.8% | 3.6% | |
| 9 | CGI Inc. (GIB) | 3.5% | 3.5% | |
| 10 | EnerSys Inc. (ENS) | 3.3% | 3.1% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).