We are live on
!
Find out more
FSCM
First Sabrepoint Capital Management Portfolio holdings
AUM
$276M
1-Year Est. Return
61.64%
This Fund
S&P 500
This Quarter
Est. Return
+3.13%
1 Year Est. Return
+61.64%
3 Year Est. Return
+181.85%
5 Year Est. Return
+146.72%
10 Year Est. Return
–
AUM
$269M
AUM Growth
-$103M
(-28%)
Cap. Flow
-$88.6M
Cap. Flow
% of AUM
-32.89%
Top 10 Holdings %
Top 10 Hldgs %
56.6%
Holding
62
New
3
Increased
16
Reduced
13
Closed
25
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
British American Tobacco
BTI
|
+$7.27M |
| 2 |
Turning Point Brands
TPB
|
+$5.99M |
| 3 |
Workday
WDAY
|
+$5.49M |
| 4 |
FirstCash
FCFS
|
+$2.96M |
| 5 |
Green Brick Partners
GRBK
|
+$2.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vistra
VST
|
+$8.96M |
| 2 |
TLN
Talen Energy Corp
TLN
|
+$7.05M |
| 3 |
Navigator Holdings
NVGS
|
+$6.78M |
| 4 |
WillScot Mobile Mini Holdings
WSC
|
+$4.52M |
| 5 |
Progyny
PGNY
|
+$4.31M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 27.84% |
| 2 | Financials | 12.1% |
| 3 | Technology | 11.93% |
| 4 | Consumer Discretionary | 10.55% |
| 5 | Real Estate | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
New Fortress Energy
NFE
$99M
| $3.2M | 1.19% |
385,000
| – | – |
|
27
NVR
NVR
$16.8B
| $3.12M | 1.16% |
430
-270
| -39% | -$2.05M |
|
28
PUT
Powell Industries
POWL
$7.7B
| $2.55M | 0.95% |
45,000
-15,000
| -25% | -$1.05M |
|
29
Ciena
CIEN
$58.2B
| $2.42M | 0.9% |
40,000
-45,200
| -53% | -$3.57M |
|
30
International Money Express
IMXI
$370M
| $1.95M | 0.72% |
154,599
+5,778
| +4% | +$98.9K |
|
31
PUT
Modine Manufacturing
MOD
$10.7B
| $1.53M | 0.57% |
20,000
-60,100
| -75% | -$5.92M |
|
32
CALL
Gogo Inc
GOGO
$630M
| $1.38M | 0.51% |
+160,000
| New | +$1.25M |
|
33
PUT
AST SpaceMobile
ASTS
$21B
| $1.23M | 0.46% |
54,000
+40,000
| +286% | +$1.02M |
|
34
OmniAb
OABI
$290M
| $984K | 0.37% |
410,000
-1,050,602
| -72% | -$3.44M |
|
35
PUT
Archer Aviation
ACHR
$4.05B
| $356K | 0.13% |
50,000
-300,000
| -86% | -$2.66M |
|
36
PUT
SoundHound AI
SOUN
$2.84B
| $162K | 0.06% |
20,000
-273,000
| -93% | -$3.4M |
|
37
PUT
Rigetti Computing
RGTI
$5.8B
| $71.5K | 0.03% |
566,280
+436,280
| +336% | +$4.84M |
|
38
PUT
AeroVironment
AVAV
$8.55B
| – | – |
-3,100
| Closed | -$477K |
|
39
D.R. Horton
DHI
$42.1B
| – | – |
-19,949
| Closed | -$2.79M |
|
|
40
CALL
FirstCash
FCFS
$9.32B
| – | – |
-219,900
| Closed | -$22.8M |
|
41
PUT
Goosehead Insurance
GSHD
$2.43B
| – | – |
-48,100
| Closed | -$4.88M |
|
42
PUT
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.97B
| – | – |
-95,000
| Closed | -$2.55M |
|
43
PUT
Harrow
HROW
$1.48B
| – | – |
-180,000
| Closed | -$6.04M |
|
44
PUT
IonQ
IONQ
$15.6B
| – | – |
-25,000
| Closed | -$1.04M |
|
45
PUT
Iron Mountain
IRM
$37.3B
| – | – |
-48,000
| Closed | -$5.05M |
|
46
PUT
Joby Aviation
JOBY
$7.84B
| – | – |
-450,000
| Closed | -$3.66M |
|
|
MPT
47
PUT
Medical Properties Trust
MPT
$2.78B
| – | – |
-100,000
| Closed | -$395K |
|
48
Meritage Homes
MTH
$4.86B
| – | – |
-35,000
| Closed | -$2.69M |
|
49
PUT
Omeros
OMER
$937M
| – | – |
-120,600
| Closed | -$1.19M |
|
50
Pultegroup
PHM
$25.1B
| – | – |
-25,000
| Closed | -$2.72M |
|
Similar funds
AAM
AWA
HCM
REA
PP
MC
AA
EFP
First Sabrepoint Capital Management's Q1 2025 Portfolio in Review
As of Q1 2025, First Sabrepoint Capital Management held 62 positions worth $269M, down 28% from $373M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
First Sabrepoint Capital Management withdrew a net $88.6M in Q1 2025, closing 25 positions and reducing 13 holdings. Its most notable exit was Vistra, an estimated $8.96M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 28% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
Against the trend, First Sabrepoint Capital Management opened a new position in British American Tobacco worth $7.65M.
- First Sabrepoint Capital Management's largest Q1 2025 buy was British American Tobacco: 185,000 shares worth $7.65M.
- First Sabrepoint Capital Management added most to Turning Point Brands in Q1 2025, an estimated $5.99M increase.
- First Sabrepoint Capital Management's biggest Q1 2025 reduction was Navigator Holdings, cutting an estimated $6.78M.
- First Sabrepoint Capital Management fully exited Vistra in Q1 2025, selling an estimated $8.96M.
- First Sabrepoint Capital Management's ten largest holdings make up 57% of its $269M portfolio in Q1 2025.
- First Sabrepoint Capital Management opened 3 new positions and closed 25 in Q1 2025.
- First Sabrepoint Capital Management's portfolio value fell 28% quarter-over-quarter to $269M.
Based on First Sabrepoint Capital Management's 13F filing for Q1 2025, filed 15 May 2025.