Finepoint Capital Portfolio holdings
Finepoint Capital runs two private funds that hunt for deeply undervalued investments and keep cash when nothing looks attractive. Herb Wagner founded the firm in March 2013 after 14 years at Baupost and two at Appaloosa, and he and his family own it. Its investors may include family offices, endowments, foundations and funds of hedge funds, along with high net worth individuals.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cheniere Energy
LNG
|
+$20.3M |
| 2 |
YPF Sociedad Anonima ADS
YPF
|
+$10.3M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 58.43% |
| 2 | Financials | 28.93% |
| 3 | Real Estate | 9.32% |
| 4 | Industrials | 3.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
YPF Sociedad Anonima ADS
YPF
$14.6B
| $62.9M | 30.41% |
3,275,494
+516,000
| +19% | +$10.3M |
2014 Q4
6 quarters
|
|
2
Ally Financial
ALLY
$11.4B
| $59.8M | 28.93% |
3,504,000
| – | – |
2014 Q4
6 quarters
|
|
|
3
Cheniere Energy
LNG
$63.2B
| $57.9M | 28.02% |
1,543,000
+576,000
| +60% | +$20.3M |
2014 Q4
6 quarters
|
|
4
IRSA Inversiones y Representaciones
IRS
$1.02B
| $19.3M | 9.32% |
1,190,846
| – | – |
2014 Q4
6 quarters
|
|
5
Cresud
CRESY
$635M
| $6.86M | 3.32% |
545,481
| – | – |
2014 Q4
6 quarters
|
|
Similar funds
Finepoint Capital's Q2 2016 Portfolio in Review
As of Q2 2016, Finepoint Capital held 5 positions worth $207M, up 21% from $170M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Finepoint Capital deployed $30.5M of net new capital in Q2 2016, adding to 2 existing holdings.
By sector, the portfolio is most concentrated in Energy at 58% of assets, up from 48% a quarter earlier, followed by Financials and Real Estate.
- Finepoint Capital added most to Cheniere Energy in Q2 2016, an estimated $20.3M increase.
- Finepoint Capital's ten largest holdings make up 100% of its $207M portfolio in Q2 2016.
- Finepoint Capital opened 0 new positions and closed 0 in Q2 2016.
- Finepoint Capital's portfolio value rose 21% quarter-over-quarter to $207M.
Based on Finepoint Capital's 13F filing for Q2 2016, filed 12 Aug 2016.