We are live on ! Find out more
FM

Fondren Management Portfolio holdings

AUM $16.9M
1-Year Est. Return 5.82%
This Fund
S&P 500
This Quarter Est. Return
+11.41%
1 Year Est. Return
-5.82%
3 Year Est. Return
+14.2%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$16.9M
AUM Growth
-$8.94M
Cap. Flow
-$10.2M
Cap. Flow %
-60.23%
Top 10 Hldgs %
92.77%
Holding
25
New
–
Increased
4
Reduced
9
Closed
9

Top Buys

Rank Stock Value
1
LSAK icon
Lesaka Technologies
LSAK
+$1.06M
2
BVH
Bluegreen Vacations Holding Corporation
BVH
+$87.5K
3
HWCC
Houston Wire & Cable Company
HWCC
+$26.3K
4
PFX icon
PhenixFIN
PFX
+$2.91K

Top Sells

Rank Stock Value
1
IMMR icon
Immersion
IMMR
+$3.4M
2
BH icon
Biglari Holdings Class B
BH
+$1.9M
3
HHS icon
Harte-Hanks
HHS
+$1.66M
4
SYNC
Synacor, Inc.
SYNC
+$677K
5
TTI icon
TETRA Technologies
TTI
+$612K

Sector Composition

Rank Sector Weight
1 Technology 26.67%
2 Consumer Discretionary 23.24%
3 Energy 15.8%
4 Communication Services 10.82%
5 Financials 9.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BH icon
1
Biglari Holdings Class B
BH
$1.21B
$3.94M 23.24%
44,221
-23,200
-34% -$1.9M
EGY icon
2
Vaalco Energy
EGY
$567M
$2.47M 14.59%
2,471,000
– –
SPRT
3
DELISTED
support.com, Inc.
SPRT
$2.34M 13.84%
1,301,874
– –
LSAK icon
4
Lesaka Technologies
LSAK
$409M
$2.17M 12.84%
645,000
+330,000
+105% +$1.06M
SYNC
5
DELISTED
Synacor, Inc.
SYNC
$1.83M 10.82%
1,213,447
-556,553
-31% -$677K
OPNT
6
DELISTED
Opiant Pharmaceuticals, Inc. Common Stock
OPNT
$1.02M 6.05%
137,000
-49,900
-27% -$443K
PFX icon
7
PhenixFIN
PFX
$88.7M
$892K 5.27%
50,000
+189
+0.4% +$2.91K
BVH
8
DELISTED
Bluegreen Vacations Holding Corporation
BVH
$536K 3.17%
40,000
+6,000
+18% +$87.5K
CRD.B icon
9
Crawford & Co Class B
CRD.B
$499M
$251K 1.48%
38,900
-20,575
-35% -$146K
HWCC
10
DELISTED
Houston Wire & Cable Company
HWCC
$250K 1.48%
100,000
+10,000
+11% +$26.3K
BCIC
11
BCP Investment Corp
BCIC
$90.5M
$238K 1.41%
17,910
– –
CRD.A icon
12
Crawford & Co Class A
CRD.A
$537M
$232K 1.37%
35,500
-7,170
-17% -$53K
TGA
13
DELISTED
Transglobe Energy Corp
TGA
$204K 1.2%
535,500
-1,032,067
-66% -$558K
ACNT icon
14
Ascent Industries
ACNT
$138M
$202K 1.19%
36,556
-8,444
-19% -$57.2K
RMCF icon
15
Rocky Mountain Chocolate Factory
RMCF
$9.08M
$175K 1.03%
65,462
-7,138
-10% -$24.3K
USAP
16
DELISTED
Universal Stainless & Alloy
USAP
$173K 1.02%
31,523
-8,827
-22% -$62.9K
ALOT icon
17
AstroNova
ALOT
$222M
– –
-30,000
Closed -$239K
BH.A icon
18
Biglari Holdings Class A
BH.A
$1.19B
– –
-1,510
Closed -$506K
HHS icon
19
Harte-Hanks
HHS
– –
-545,502
Closed -$1.66M
HQI icon
20
HireQuest
HQI
$169M
– –
-45,416
Closed -$281K
IMMR icon
21
Immersion
IMMR
$220M
– –
-545,000
Closed -$3.4M
TTI icon
22
TETRA Technologies
TTI
$1.37B
– –
-1,145,000
Closed -$612K
VATE icon
23
INNOVATE Corp
VATE
$123M
– –
-12,500
Closed -$418K
LUB
24
DELISTED
Luby's Inc.
LUB
– –
-63,422
Closed -$92K
CSLT
25
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
– –
-300,000
Closed -$249K

Similar funds

PCM
Puissance Capital Management New York $17.3M AUM 149.36% 1-Year Est. Return
FP
FFL Partners San Francisco, California $16.1M AUM 46.91% 1-Year Est. Return
IAM
ICM Asset Management Spokane, Washington $18.1M AUM 30.29% 1-Year Est. Return
AF
AMG Funds Stamford, Connecticut $20M AUM 3.75% 1-Year Est. Return
NC
Numen Capital London, United Kingdom $13.5M AUM 47.6% 1-Year Est. Return
TCS
Texas Children's Houston, Texas $20.5M AUM 51.2% 1-Year Est. Return
JJ
JDC-JSC New York $20.8M AUM 30.94% 1-Year Est. Return
PCM
Proxima Capital Management New York $21M AUM 3.49% 1-Year Est. Return

Fondren Management's Q3 2020 Portfolio in Review

As of Q3 2020, Fondren Management held 25 positions worth $16.9M, down 35% from $25.9M the previous quarter. Its ten largest holdings account for 93% of the portfolio.

Fondren Management withdrew a net $10.2M in Q3 2020, closing 9 positions and reducing 9 holdings. Its most notable exit was Immersion, an estimated $3.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Consumer Discretionary and Energy.

Against the trend, Fondren Management added an estimated $1.06M to Lesaka Technologies.

  • Fondren Management added most to Lesaka Technologies in Q3 2020, an estimated $1.06M increase.
  • Fondren Management's biggest Q3 2020 reduction was Biglari Holdings Class B, cutting an estimated $1.9M.
  • Fondren Management fully exited Immersion in Q3 2020, selling an estimated $3.4M.
  • Fondren Management's ten largest holdings make up 93% of its $16.9M portfolio in Q3 2020.
  • Fondren Management opened 0 new positions and closed 9 in Q3 2020.
  • Fondren Management's portfolio value fell 35% quarter-over-quarter to $16.9M.

Based on Fondren Management's 13F filing for Q3 2020, filed 13 Nov 2020.