Three Peaks Capital Management Portfolio holdings

Three Peaks Capital Management's Q4 2018 Portfolio in Review

As of Q4 2018, Three Peaks Capital Management held 151 positions worth $319M, down 35% from $488M the previous quarter. Its ten largest holdings account for 16% of the portfolio.

Three Peaks Capital Management withdrew a net $116M in Q4 2018, closing 36 positions and reducing 71 holdings. Its most notable exit was Labcorp, an estimated $5.07M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Three Peaks Capital Management opened a new position in Xcel Energy worth $4.19M.

• Three Peaks Capital Management's largest Q4 2018 buy was Xcel Energy: 85,000 shares worth $4.19M.
• Three Peaks Capital Management added most to Crown Castle in Q4 2018, an estimated $2.06M increase.
• Three Peaks Capital Management's biggest Q4 2018 reduction was Terminix Global Holdings, Inc., cutting an estimated $5.1M.
• Three Peaks Capital Management fully exited Labcorp in Q4 2018, selling an estimated $5.07M.
• Three Peaks Capital Management's ten largest holdings make up 16% of its $319M portfolio in Q4 2018.
• Three Peaks Capital Management opened 13 new positions and closed 36 in Q4 2018.
• Three Peaks Capital Management's portfolio value fell 35% quarter-over-quarter to $319M.

Based on Three Peaks Capital Management's 13F filing for Q4 2018, filed 29 Jan 2019.