Key Square Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$132M |
| 2 |
GE Aerospace
GE
|
+$44.4M |
| 3 |
I
INTELSAT S. A.
I
|
+$40.6M |
| 4 |
Afya
AFYA
|
+$11.5M |
| 5 |
EB
Eventbrite
EB
|
+$2.21M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cheniere Energy
LNG
|
+$37.6M |
| 2 |
Televisa
TV
|
+$34.5M |
| 3 |
HUTCHMED
HCM
|
+$24.3M |
| 4 |
LINX
Linx S.A.
LINX
|
+$13.7M |
| 5 |
Corporacion America
CAAP
|
+$11.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 64.51% |
| 2 | Industrials | 11.6% |
| 3 | Consumer Staples | 3.14% |
| 4 | Energy | 0% |
| 5 | Healthcare | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alphabet (Google) Class C
GOOG
$4.17T
| $136M | 37.42% |
+2,230,060
| New | +$132M |
|
|
DISH
2
DELISTED
DISH Network Corp.
DISH
| $96.2M | 26.48% |
2,823,417
-97,131
| -3% | -$3.48M |
|
|
I
3
DELISTED
INTELSAT S. A.
I
| $75.4M | 20.75% |
3,305,964
+1,924,924
| +139% | +$40.6M |
|
|
4
GE Aerospace
GE
$354B
| $42.1M | 11.6% |
+945,520
| New | +$44.4M |
|
|
5
Afya
AFYA
$1.27B
| $11.4M | 3.14% |
+444,283
| New | +$11.5M |
|
|
EB
6
DELISTED
Eventbrite
EB
| $2.23M | 0.61% |
+125,890
| New | +$2.21M |
|
|
7
Corporacion America
CAAP
$4.09B
| – | – |
-1,443,044
| Closed | -$11.6M |
|
|
8
HUTCHMED
HCM
$1.91B
| – | – |
-1,102,872
| Closed | -$24.3M |
|
|
9
Cheniere Energy
LNG
$56B
| – | – |
-549,808
| Closed | -$37.6M |
|
10
Telecom Argentina
TEO
$6.03B
| – | – |
-585,707
| Closed | -$10.3M |
|
|
11
Televisa
TV
$1.49B
| – | – |
-4,086,354
| Closed | -$34.5M |
|
|
LINX
12
DELISTED
Linx S.A.
LINX
| – | – |
-1,500,000
| Closed | -$13.7M |
|
|
IPOA.U
13
DELISTED
Social Capital Hedosophia Holdings Corp.
IPOA.U
| – | – |
-350,000
| Closed | -$3.74M |
|
Similar funds
Key Square Capital Management's Q3 2019 Portfolio in Review
As of Q3 2019, Key Square Capital Management held 13 positions worth $363M, up 32% from $275M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Key Square Capital Management deployed $91.4M of net new capital in Q3 2019, opening 4 new positions and adding to 1 existing holding. Its largest new stake was Alphabet (Google) Class C: 2,230,060 shares worth $136M.
By sector, the portfolio is most concentrated in Communication Services at 65% of assets, up from 57% a quarter earlier, followed by Industrials and Consumer Staples.
On the sell side, the largest reduction was DISH Network Corp., an estimated $3.48M trimmed.
- Key Square Capital Management's largest Q3 2019 buy was Alphabet (Google) Class C: 2,230,060 shares worth $136M.
- Key Square Capital Management added most to INTELSAT S. A. in Q3 2019, an estimated $40.6M increase.
- Key Square Capital Management's biggest Q3 2019 reduction was DISH Network Corp., cutting an estimated $3.48M.
- Key Square Capital Management fully exited Cheniere Energy in Q3 2019, selling an estimated $37.6M.
- Key Square Capital Management's ten largest holdings make up 100% of its $363M portfolio in Q3 2019.
- Key Square Capital Management opened 4 new positions and closed 7 in Q3 2019.
- Key Square Capital Management's portfolio value rose 32% quarter-over-quarter to $363M.
Based on Key Square Capital Management's 13F filing for Q3 2019, filed 13 Nov 2019.