Three Peaks Capital Management Portfolio holdings

Three Peaks Capital Management's Q2 2020 Portfolio in Review

As of Q2 2020, Three Peaks Capital Management held 122 positions worth $271M, up 8.4% from $250M the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Three Peaks Capital Management withdrew a net $25.8M in Q2 2020, closing 8 positions and reducing 64 holdings. Its most notable exit was Liberty Media Corporation Series C Liberty SiriusXM Common Stock, an estimated $3.88M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Industrials and Healthcare.

Against the trend, Three Peaks Capital Management opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $4.31M.

• Three Peaks Capital Management's largest Q2 2020 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 52,789 shares worth $4.31M.
• Three Peaks Capital Management added most to Centene in Q2 2020, an estimated $1.23M increase.
• Three Peaks Capital Management's biggest Q2 2020 reduction was Bio-Rad Laboratories Class A, cutting an estimated $3.22M.
• Three Peaks Capital Management fully exited Liberty Media Corporation Series C Liberty SiriusXM Common Stock in Q2 2020, selling an estimated $3.88M.
• Three Peaks Capital Management's ten largest holdings make up 17% of its $271M portfolio in Q2 2020.
• Three Peaks Capital Management opened 36 new positions and closed 8 in Q2 2020.
• Three Peaks Capital Management's portfolio value rose 8.4% quarter-over-quarter to $271M.

Based on Three Peaks Capital Management's 13F filing for Q2 2020, filed 23 Jul 2020.