We are live on
!
Find out more
SM
Soapstone Management Portfolio holdings
AUM
$140M
1-Year Est. Return
25.18%
This Fund
S&P 500
This Quarter
Est. Return
+36.62%
1 Year Est. Return
+25.18%
3 Year Est. Return
+51.54%
5 Year Est. Return
+87.71%
10 Year Est. Return
–
AUM
$174M
AUM Growth
+$57.5M
(+50%)
Cap. Flow
+$20.5M
Cap. Flow
% of AUM
11.84%
Top 10 Holdings %
Top 10 Hldgs %
87.15%
Holding
19
New
4
Increased
7
Reduced
2
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citizens Financial Group
CFG
|
+$10.8M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$6.27M |
| 3 |
Truist Financial
TFC
|
+$3.6M |
| 4 |
Fidelity National Information Services
FIS
|
+$3.28M |
| 5 |
Builders FirstSource
BLDR
|
+$2.71M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Rentals
URI
|
+$5.6M |
| 2 |
UnitedHealth
UNH
|
+$3.69M |
| 3 |
Suncor Energy
SU
|
+$1.86M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.11M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 42.61% |
| 2 | Financials | 26.3% |
| 3 | Real Estate | 11.48% |
| 4 | Materials | 7.18% |
| 5 | Consumer Discretionary | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Builders FirstSource
BLDR
$7.99B
| $41.4M | 23.86% |
2,000,000
+150,000
| +8% | +$2.71M |
|
|
SCHW
2
Charles Schwab
SCHW
$177B
| $19.4M | 11.18% |
575,000
+175,000
| +44% | +$6.27M |
|
|
BECN
3
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $19.1M | 11.02% |
725,000
+50,000
| +7% | +$1.12M |
|
4
Public Storage
PSA
$55.8B
| $12M | 6.91% |
62,500
| – | – |
|
|
5
Citizens Financial Group
CFG
$30.6B
| $12M | 6.91% |
+475,000
| New | +$10.8M |
|
6
Olin
OLN
$2.51B
| $11.5M | 6.62% |
1,000,000
+12,500
| +1% | +$159K |
|
|
BMCH
7
DELISTED
BMC Stock Holdings, Inc
BMCH
| $10.1M | 5.79% |
400,000
| – | – |
|
8
Insperity
NSP
$1.89B
| $9.71M | 5.6% |
150,000
| – | – |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.23T
| $8.15M | 4.7% |
115,000
-16,500
| -13% | -$1.11M |
|
10
Four Corners Property Trust
FCPT
$2.89B
| $7.93M | 4.57% |
325,000
+39,005
| +14% | +$837K |
|
11
Equitable Holdings
EQH
$13.4B
| $4.82M | 2.78% |
250,000
+50,000
| +25% | +$893K |
|
12
Wells Fargo
WFC
$265B
| $3.84M | 2.21% |
150,000
+50,000
| +50% | +$1.37M |
|
|
13
Truist Financial
TFC
$65.4B
| $3.75M | 2.16% |
+100,000
| New | +$3.6M |
|
|
14
United Rentals
URI
$65.5B
| $3.73M | 2.15% |
25,000
-44,110
| -64% | -$5.6M |
|
|
15
Fidelity National Information Services
FIS
$21.7B
| $3.35M | 1.93% |
+25,000
| New | +$3.28M |
|
16
US Bancorp
USB
$98.4B
| $1.84M | 1.06% |
+50,000
| New | +$1.78M |
|
17
AdvanSix
ASIX
$560M
| $963K | 0.55% |
82,009
| – | – |
|
|
18
Suncor Energy
SU
$73.7B
| – | – |
-117,500
| Closed | -$1.86M |
|
|
19
UnitedHealth
UNH
$387B
| – | – |
-14,807
| Closed | -$3.69M |
|
Similar funds
VEM
MWM
APW
PFW
OWM
MQWP
RC
CPC
Soapstone Management's Q2 2020 Portfolio in Review
As of Q2 2020, Soapstone Management held 19 positions worth $174M, up 50% from $116M the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Soapstone Management deployed $20.5M of net new capital in Q2 2020, opening 4 new positions and adding to 7 existing holdings. Its largest new stake was Citizens Financial Group: 475,000 shares worth $12M.
By sector, the portfolio is most concentrated in Industrials at 43% of assets, up from 40% a quarter earlier, followed by Financials and Real Estate.
On the sell side, the largest reduction was United Rentals, an estimated $5.6M trimmed.
- Soapstone Management's largest Q2 2020 buy was Citizens Financial Group: 475,000 shares worth $12M.
- Soapstone Management added most to Charles Schwab in Q2 2020, an estimated $6.27M increase.
- Soapstone Management's biggest Q2 2020 reduction was United Rentals, cutting an estimated $5.6M.
- Soapstone Management fully exited UnitedHealth in Q2 2020, selling an estimated $3.69M.
- Soapstone Management's ten largest holdings make up 87% of its $174M portfolio in Q2 2020.
- Soapstone Management opened 4 new positions and closed 2 in Q2 2020.
- Soapstone Management's portfolio value rose 50% quarter-over-quarter to $174M.
Based on Soapstone Management's 13F filing for Q2 2020, filed 14 Aug 2020.