Latest Engine Capital Management, LP Stock Portfolio
Engine Capital Management, LP Performance:
2024 Q3: 5.92%YTD: 13.07%2023: 14.15%
Performance for 2024 Q3 is 5.92%, and YTD is 13.07%, and 2023 is 14.15%.
About Engine Capital Management, LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Engine Capital Management, LP reported an equity portfolio of $577 Millions as of 30 Sep, 2024.
The top stock holdings of Engine Capital Management, LP are OFIX, UPWK, . The fund has invested 9.1% of it's portfolio in ORTHOFIX MED INC and 8.8% of portfolio in UPWORK INC.
The fund managers got completely rid off WILLSCOT HOLDINGS CORP (WSC), INSIGHT ENTERPRISES (NSIT) and BERRY GLOBAL GROUP (BERY) stocks. They significantly reduced their stock positions in EXPEDIA GROUP INC (EXPE), JELD-WEN HLDG INC (JELD) and RTX CORPORATION (RTX). Engine Capital Management, LP opened new stock positions in UPWORK INC (UPWK), LYFT INC (LYFT) and MCGRATH RENTCORP (MGRC). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (IJR), FIVERR INTL LTD and LKQ CORP (LKQ).
The top stock holdings of Engine Capital Management, LP are OFIX, UPWK, . The fund has invested 9.1% of it's portfolio in ORTHOFIX MED INC and 8.8% of portfolio in UPWORK INC.
The fund managers got completely rid off WILLSCOT HOLDINGS CORP (WSC), INSIGHT ENTERPRISES (NSIT) and BERRY GLOBAL GROUP (BERY) stocks. They significantly reduced their stock positions in EXPEDIA GROUP INC (EXPE), JELD-WEN HLDG INC (JELD) and RTX CORPORATION (RTX). Engine Capital Management, LP opened new stock positions in UPWORK INC (UPWK), LYFT INC (LYFT) and MCGRATH RENTCORP (MGRC). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (IJR), FIVERR INTL LTD and LKQ CORP (LKQ).
Engine Capital Management, LP Annual Return Estimates Vs S&P 500
Our best estimate is that Engine Capital Management, LP made a return of 5.92% in the last quarter. In trailing 12 months, it's portfolio return was 24.96%.
New Buys
| Ticker | $ Bought |
|---|---|
| upwork inc | 50,950,200 |
| lyft inc | 19,581,900 |
| mcgrath rentcorp | 14,548,500 |
| national vision hldgs inc | 12,121,600 |
| dentsply sirona inc | 8,561,810 |
| light & wonder inc | 1,316,130 |
| lamb weston hldgs inc | 76,070 |
| envista holdings corporation | 39,520 |
New stocks bought by Engine Capital Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| ishares tr | 58.8 |
| fiverr intl ltd | 44.58 |
| lkq corp | 43.96 |
| ncr atleos corporation | 23.07 |
| mgm resorts international | 15.38 |
| r1 rcm inc | 10.67 |
| united parks & resorts inc | 7.17 |
| caesars entertainment inc ne | 7.07 |
Additions to existing portfolio by Engine Capital Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| expedia group inc | -88.36 |
| jeld-wen hldg inc | -85.65 |
| rtx corporation | -68.84 |
| mrc global inc | -38.73 |
| etsy inc | -18.93 |
| laureate education inc | -16.88 |
| 2seventy bio inc | -13.68 |
| nexstar media group inc | -0.27 |
Engine Capital Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| willscot holdings corp | -9,280,180 |
| rmr group inc/the - a | -2,508,120 |
| ncr voyix | -971,834 |
| berry global group | -3,270,240 |
| insight enterprises | -4,795,750 |
| keurig dr pepper inc | -116,900 |
Engine Capital Management, LP got rid off the above stocks
Sector Distribution
Engine Capital Management, LP has about 22% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 22 |
| Industrials | 19.9 |
| Others | 17.3 |
| Healthcare | 15.3 |
| Consumer Defensive | 8.1 |
| Technology | 6.9 |
| Communication Services | 5.3 |
| Energy | 4.2 |
Market Cap. Distribution
Engine Capital Management, LP has about 8.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 43.5 |
| SMALL-CAP | 26.5 |
| UNALLOCATED | 17.3 |
| LARGE-CAP | 8.7 |
| MICRO-CAP | 4 |
Stocks belong to which Index?
About 64.7% of the stocks held by Engine Capital Management, LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 45.8 |
| Others | 35.3 |
| S&P 500 | 18.9 |
Engine Capital Management, LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Engine Capital Management, LP
Engine Capital Management, LP has 38 stocks in it's portfolio. About 63.9% of the portfolio is in top 10 stocks. ETSY proved to be the most loss making stock for the portfolio. RTX was the most profitable stock for Engine Capital Management, LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ALIT | alight inc | 1.67 | 1,302,400 | 9,637,760 | added | 0.18 | ||
| AOUT | american outdoor brands inc | 1.05 | 656,329 | 6,051,350 | unchanged | 0.00 | ||
| BCO | brinks co | 0.82 | 41,074 | 4,749,800 | unchanged | 0.00 | ||
| BERY | berry global group | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CIO | city office reit inc | 0.23 | 231,020 | 1,349,160 | unchanged | 0.00 | ||
| CLDT | chatham lodging tr | 0.35 | 238,252 | 2,029,910 | unchanged | 0.00 | ||
| CZR | caesars entertainment inc ne | 6.58 | 909,090 | 37,945,400 | added | 7.07 | ||
| DBX | dropbox inc | 1.81 | 409,905 | 10,423,900 | unchanged | 0.00 | ||
| ETSY | etsy inc | 2.16 | 224,676 | 12,476,300 | reduced | -18.93 | ||
| EVRI | everi hldgs inc | 1.15 | 504,301 | 6,626,520 | unchanged | 0.00 | ||
| EXPE | expedia group inc | 0.49 | 19,165 | 2,836,800 | reduced | -88.36 | ||
| EYE | national vision hldgs inc | 2.10 | 1,111,050 | 12,121,600 | new | |||
| IJR | ishares tr | 1.40 | 36,444 | 8,050,120 | added | 58.8 | ||
| INN | summit hotel pptys inc | 0.29 | 243,661 | 1,671,510 | unchanged | 0.00 | ||
| JELD | jeld-wen hldg inc | 0.46 | 166,778 | 2,636,760 | reduced | -85.65 | ||
| KBR | kbr inc | 2.79 | 247,298 | 16,106,500 | reduced | -0.1 | ||
| KDP | keurig dr pepper inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| KFY | korn ferry | 0.01 | 961 | 72,306 | unchanged | 0.00 | ||
| LAUR | laureate education inc | 7.00 | 2,433,330 | 40,417,500 | reduced | -16.88 | ||
| LKQ | lkq corp | 2.66 | 384,614 | 15,353,800 | added | 43.96 | ||