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Soapstone Management Portfolio holdings
AUM
$140M
1-Year Est. Return
25.18%
This Fund
S&P 500
This Quarter
Est. Return
+11.84%
1 Year Est. Return
+25.18%
3 Year Est. Return
+51.54%
5 Year Est. Return
+87.71%
10 Year Est. Return
–
AUM
$224M
AUM Growth
+$69.7K
(+0.03%)
Cap. Flow
-$24.9M
Cap. Flow
% of AUM
-11.12%
Top 10 Holdings %
Top 10 Hldgs %
76.47%
Holding
19
New
2
Increased
6
Reduced
5
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Knife River
KNF
|
+$8.7M |
| 2 |
Leidos
LDOS
|
+$5.99M |
| 3 |
Fortrea Holdings
FTRE
|
+$5.54M |
| 4 |
JELD-WEN Holding
JELD
|
+$1.98M |
| 5 |
Equitable Holdings
EQH
|
+$1.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Builders FirstSource
BLDR
|
+$22M |
| 2 |
CACI
CACI
|
+$11.5M |
| 3 |
DOOR
MASONITE INTERNATIONAL CORP
DOOR
|
+$6.56M |
| 4 |
Amazon
AMZN
|
+$4.85M |
| 5 |
Constellation Energy
CEG
|
+$4.15M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 18.26% |
| 2 | Consumer Discretionary | 15.87% |
| 3 | Financials | 15.76% |
| 4 | Industrials | 12.43% |
| 5 | Utilities | 11.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Constellation Energy
CEG
$90.1B
| $25.2M | 11.24% |
275,000
-50,000
| -15% | -$4.15M |
|
2
Ball Corp
BALL
$16.7B
| $19.9M | 8.88% |
341,682
+16,682
| +5% | +$905K |
|
|
SCHW
3
Charles Schwab
SCHW
$177B
| $18.4M | 8.23% |
325,000
| – | – |
|
4
Neogen
NEOG
$2.24B
| $17.9M | 8.01% |
825,000
-175,000
| -18% | -$3.16M |
|
5
Olin
OLN
$2.51B
| $17.4M | 7.75% |
337,700
+27,700
| +9% | +$1.47M |
|
|
6
Leidos
LDOS
$13.4B
| $16.4M | 7.31% |
185,000
+70,250
| +61% | +$5.99M |
|
|
7
Amazon
AMZN
$2.66T
| $15.6M | 6.99% |
120,000
-42,500
| -26% | -$4.85M |
|
8
Constellium
CSTM
$3.83B
| $14.6M | 6.53% |
850,000
+50,000
| +6% | +$767K |
|
|
9
Equitable Holdings
EQH
$13.4B
| $14.3M | 6.37% |
525,000
+75,000
| +17% | +$1.9M |
|
|
ASAI
10
DELISTED
Sendas Distribuidora S.A. American Depositary Share (each representing five common shares)
ASAI
| $11.6M | 5.17% |
802,968
| – | – |
|
|
11
JELD-WEN Holding
JELD
$101M
| $11.3M | 5.03% |
641,958
+141,958
| +28% | +$1.98M |
|
|
12
Knife River
KNF
$4.64B
| $8.92M | 3.98% |
+205,137
| New | +$8.7M |
|
|
13
Builders FirstSource
BLDR
$7.99B
| $8.5M | 3.8% |
62,500
-197,500
| -76% | -$22M |
|
|
DOOR
14
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $8.07M | 3.6% |
78,750
-70,000
| -47% | -$6.56M |
|
|
15
Fortrea Holdings
FTRE
$1.68B
| $5.66M | 2.53% |
+166,497
| New | +$5.54M |
|
16
Canadian Natural Resources
CNQ
$91.5B
| $5.63M | 2.51% |
200,000
| – | – |
|
17
Citizens Financial Group
CFG
$30.6B
| $2.61M | 1.16% |
100,000
| – | – |
|
18
Digimarc Corp
DMRC
$134M
| $2.03M | 0.91% |
69,114
| – | – |
|
|
19
CACI
CACI
$10.2B
| – | – |
-38,750
| Closed | -$11.5M |
|
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Soapstone Management's Q2 2023 Portfolio in Review
As of Q2 2023, Soapstone Management held 19 positions worth $224M, up 0.03% from $224M the previous quarter. Its ten largest holdings account for 76% of the portfolio.
Soapstone Management withdrew a net $24.9M in Q2 2023, closing 1 position and reducing 5 holdings. Its most notable exit was CACI, an estimated $11.5M position sold in full.
By sector, the portfolio is most concentrated in Materials at 18% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Soapstone Management opened a new position in Knife River worth $8.92M.
- Soapstone Management's largest Q2 2023 buy was Knife River: 205,137 shares worth $8.92M.
- Soapstone Management added most to Leidos in Q2 2023, an estimated $5.99M increase.
- Soapstone Management's biggest Q2 2023 reduction was Builders FirstSource, cutting an estimated $22M.
- Soapstone Management fully exited CACI in Q2 2023, selling an estimated $11.5M.
- Soapstone Management's ten largest holdings make up 76% of its $224M portfolio in Q2 2023.
- Soapstone Management opened 2 new positions and closed 1 in Q2 2023.
- Soapstone Management's portfolio value rose 0.03% quarter-over-quarter to $224M.
Based on Soapstone Management's 13F filing for Q2 2023, filed 14 Aug 2023.