Latest Soapstone Management L.P. Stock Portfolio
Soapstone Management L.P. Performance:
2024 Q3: 4.03%YTD: 11.1%2023: 16.96%
Performance for 2024 Q3 is 4.03%, and YTD is 11.1%, and 2023 is 16.96%.
About Soapstone Management L.P. and 13F Hedge Fund Stock Holdings
Soapstone Management L.P. is a hedge fund based in BETHESDA, MD. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $487.4 Millions. In it's latest 13F Holdings report, Soapstone Management L.P. reported an equity portfolio of $120.3 Millions as of 30 Sep, 2024.
The top stock holdings of Soapstone Management L.P. are AMZN, , HDB. The fund has invested 13.2% of it's portfolio in AMAZON COM INC and 12.1% of portfolio in CONSTELLIUM SE.
The fund managers got completely rid off KENVUE INC and JELD-WEN HLDG INC (JELD) stocks. They significantly reduced their stock positions in LEIDOS HOLDINGS INC (LDOS), BUILDERS FIRSTSOURCE INC (BLDR) and NEOGEN CORP (NEOG). Soapstone Management L.P. opened new stock positions in NEWMONT CORP (NEM) and SPDR GOLD TR (GLD). The fund showed a lot of confidence in some stocks as they added substantially to VAIL RESORTS INC (MTN), SENDAS DISTRIBUIDORA S A (ASAI) and CONSTELLIUM SE.
The top stock holdings of Soapstone Management L.P. are AMZN, , HDB. The fund has invested 13.2% of it's portfolio in AMAZON COM INC and 12.1% of portfolio in CONSTELLIUM SE.
The fund managers got completely rid off KENVUE INC and JELD-WEN HLDG INC (JELD) stocks. They significantly reduced their stock positions in LEIDOS HOLDINGS INC (LDOS), BUILDERS FIRSTSOURCE INC (BLDR) and NEOGEN CORP (NEOG). Soapstone Management L.P. opened new stock positions in NEWMONT CORP (NEM) and SPDR GOLD TR (GLD). The fund showed a lot of confidence in some stocks as they added substantially to VAIL RESORTS INC (MTN), SENDAS DISTRIBUIDORA S A (ASAI) and CONSTELLIUM SE.
Soapstone Management L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that Soapstone Management L.P. made a return of 4.03% in the last quarter. In trailing 12 months, it's portfolio return was 18.34%.
New Buys
| Ticker | $ Bought |
|---|---|
| newmont corp | 9,353,750 |
| spdr gold tr | 3,577,600 |
New stocks bought by Soapstone Management L.P.
Additions
| Ticker | % Inc. |
|---|---|
| vail resorts inc | 587 |
| sendas distribuidora s a | 35.00 |
| constellium se | 24.96 |
| amazon com inc | 13.33 |
Additions to existing portfolio by Soapstone Management L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| leidos holdings inc | -49.09 |
| builders firstsource inc | -45.00 |
| neogen corp | -39.67 |
| olin corp | -17.78 |
| equitable hldgs inc | -15.79 |
| hdfc bank ltd | -10.64 |
| citizens finl group inc | -5.00 |
Soapstone Management L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| kenvue inc | -13,635,000 |
| jeld-wen hldg inc | -4,641,240 |
| sila realty trust inc | -5,292,500 |
| knife river corp | -10,820,600 |
| solventum corp | -7,428,370 |
Soapstone Management L.P. got rid off the above stocks
Sector Distribution
Soapstone Management L.P. has about 33.7% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 33.7 |
| Consumer Cyclical | 23.1 |
| Basic Materials | 15.2 |
| Financial Services | 7.9 |
| Healthcare | 6.6 |
| Technology | 4.7 |
| Industrials | 4.4 |
| Utilities | 4.3 |
Market Cap. Distribution
Soapstone Management L.P. has about 42.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 33.7 |
| LARGE-CAP | 29.2 |
| MID-CAP | 24 |
| MEGA-CAP | 13.2 |
Stocks belong to which Index?
About 41% of the stocks held by Soapstone Management L.P. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 59 |
| S&P 500 | 34.4 |
| RUSSELL 2000 | 6.6 |
Soapstone Management L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Soapstone Management L.P.
Soapstone Management L.P. has 15 stocks in it's portfolio. About 84.8% of the portfolio is in top 10 stocks. AMZN proved to be the most loss making stock for the portfolio. BLDR was the most profitable stock for Soapstone Management L.P. last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMZN | amazon com inc | 13.17 | 85,000 | 15,838,000 | added | 13.33 | ||
| ASAI | sendas distribuidora s a | 7.72 | 1,350,000 | 9,288,000 | added | 35.00 | ||
| BLDR | builders firstsource inc | 4.43 | 27,500 | 5,331,150 | reduced | -45.00 | ||
| CEG | constellation energy corp | 4.32 | 20,000 | 5,200,400 | unchanged | 0.00 | ||
| CFG | citizens finl group inc | 3.24 | 95,000 | 3,901,650 | reduced | -5.00 | ||
| EQH | equitable hldgs inc | 3.50 | 100,000 | 4,204,000 | reduced | -15.79 | ||
| GLD | spdr gold tr | 2.97 | 14,719 | 3,577,600 | new | |||
| HDB | hdfc bank ltd | 10.92 | 210,000 | 13,137,600 | reduced | -10.64 | ||
| JELD | jeld-wen hldg inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| LDOS | leidos holdings inc | 4.74 | 35,000 | 5,705,000 | reduced | -49.09 | ||
| MTN | vail resorts inc | 9.96 | 68,750 | 11,982,400 | added | 587 | ||
| NEM | newmont corp | 7.78 | 175,000 | 9,353,750 | new | |||
| NEOG | neogen corp | 6.62 | 473,613 | 7,961,440 | reduced | -39.67 | ||
| OLN | olin corp | 7.38 | 185,000 | 8,876,300 | reduced | -17.78 | ||
| SCHW | schwab charles corp | 1.15 | 21,250 | 1,377,210 | unchanged | 0.00 | ||
| constellium se | 12.10 | 895,000 | 14,552,700 | added | 24.96 | |||
| solventum corp | 0.00 | 0.00 | 0.00 | sold off | -100 | |||
| knife river corp | 0.00 | 0.00 | 0.00 | sold off | -100 | |||
| kenvue inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||
| sila realty trust inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||