Soapstone Management L P's Q2 2024 13F: 3 new positions, 1 exit
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 18 reported positions · accession 0001398344-24-014690
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | LEIDOS HOLDINGS INC (LDOS) | 11.0% | 6.7% | −4.3 pts | −81,250 sh | −54% |
| Increased | NEOGEN CORP (NEOG) | 1.5% | 8.2% | +6.7 pts | +616K sh | +365% |
| Exited | VESTIS CORPORATION (VSTS) | 5.1% | — | −5.1 pts | −475K sh | −100% |
| New | SOLVENTUM CORP (SOLV) | — | 5.0% | +5.0 pts | +140K sh | new |
| Reduced | CONSTELLATION ENERGY CORP (CEG) | 5.2% | 2.7% | −2.5 pts | −30,000 sh | −60% |
| New | SILA REALTY TRUST INC (CVMCA) | — | 3.5% | +3.5 pts | +250K sh | new |
| Reduced | CONSTELLIUM SE (CSTM) | 11.4% | 9.0% | −2.4 pts | −209K sh | −23% |
| Reduced | EQUITABLE HLDGS INC (EQH) | 4.2% | 3.2% | −1.0 pts | −81,250 sh | −41% |
| Increased | HDFC BANK LTD (HDB) | 6.1% | 10.1% | +4.0 pts | +40,000 sh | +21% |
| Reduced | KENVUE INC (KVUE) | 10.5% | 9.1% | −1.4 pts | −125K sh | −14% |
| New | VAIL RESORTS INC (MTN) | — | 1.2% | +1.2 pts | +10,000 sh | new |
| Reduced | JELD-WEN HLDG INC (JELD) | 5.3% | 3.1% | −2.2 pts | −98,739 sh | −22% |
| Reduced | AMAZON COM INC (AMZN) | 8.2% | 9.7% | +1.5 pts | −6,250 sh | −8% |
| Reduced | OLIN CORP (OLN) | 7.7% | 7.1% | −0.6 pts | −10,000 sh | −4% |
| Increased | KNIFE RIVER CORP (KNF) | 6.8% | 7.2% | +0.4 pts | +4,272 sh | +3% |
| Reduced | SCHWAB CHARLES CORP (SCHW) | 1.0% | 1.0% | 0.0 pts | −3,750 sh | −15% |
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 — 78.2% of the equity book
Changes in the top 10 this quarter: NEOG entered · SOLV entered · BLDR left · JELD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | HDFC BANK LTD (HDB) | 6.1% | 10.1% | |
| 2 | AMAZON COM INC (AMZN) | 8.2% | 9.7% | |
| 3 | KENVUE INC (KVUE) | 10.5% | 9.1% | |
| 4 | CONSTELLIUM SE (CSTM) | 11.4% | 9.0% | |
| 5 | NEOGEN CORP (NEOG) | 1.5% | 8.2% | Entered the top 10 |
| 6 | KNIFE RIVER CORP (KNF) | 6.8% | 7.2% | |
| 7 | OLIN CORP (OLN) | 7.7% | 7.1% | |
| 8 | LEIDOS HOLDINGS INC (LDOS) | 11.0% | 6.7% | |
| 9 | SENDAS DISTRIBUIDORA S A (ASAIY) | 8.2% | 6.2% | |
| 10 | SOLVENTUM CORP (SOLV) | 0.0% | 5.0% | Entered the top 10 |
| — | BUILDERS FIRSTSOURCE INC (BLDR) | 5.8% | 4.6% | Left the top 10 |
| — | JELD-WEN HLDG INC (JELD) | 5.3% | 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).