SV

Springbank Value Partners LP

Momentum followerDiversified strategyQuality / disciplined sizing

Total reported value

$65.5M

Reporting period: 2016-09-30 · Number of holdings: 38

SPRINGBANK VALUE PARTNERS LP disclosed 38 holdings in its latest 13F filing for the period ending 2016-09-30, with total reported value of $65.5M and a quarterly turnover rate of 13.3%.

Personality snowflake

Concentration
21.64
Portfolio Stability
13.33
Momentum/Contrarian
100
Sector conviction
0
Diversification
76
Sizing Uniformity
89.59

Recent moves

  • Trim TSS

    0.0%　-$516.0K

  • Trim NSP

    0.0%　-$250.0K

  • Add THO

    0.0%　$986.0K

  • Trim ROL

    0.0%　$1.0K

  • Add EME

    0.0%　$788.0K

  • Add COHREUR

    0.0%　$684.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MKSIMks INCStock-Tech8.69%+0.38%—
2GPNGlobal Payments INCStock-Industrials7.72%-0.34%-1.49%
3WABWabtec CORPStock-Industrials7.26%+0.47%+1.75%
4EMEEmcor Group INCStock-Industrials6.92%+0.60%—
5THOThor Industries INCStock-Consumer Disc6.38%+0.98%—
6TSSTotal System Services INCStock-Other6.22%-1.53%—
7COHREURCoherent INCStock-Other6.15%+0.51%—
8NSPInsperity INCStock-Other6.03%-1.06%—
9ROLRollins INCStock-Consumer Disc5.81%-0.61%—
10✓ Csg Systems International InStock-Other5.50%-0.43%—
11TTEKTetra Tech INCStock-Industrials4.66%+0.20%—
12PRIMPrimoris Services CORPStock-Industrials4.12%-0.03%+0.77%
13MSMMsc Industrial Direct Co-aStock-Industrials3.56%-0.23%—
14CUBUSDCubic CORPStock-Other3.01%+0.22%+2.43%
15XECEURCimarex Energy CoStock-Other2.97%+0.05%—
16AITApplied Industrial Tech INCStock-Industrials2.57%-0.17%—
17DRQEURDril-quip INCStock-Other2.12%-0.33%—
18✓ Drew Inds INCStock-Other1.20%+0.05%—
19✓ Synergy Res CORPStock-Other1.10%+0.39%+65.39%
20GIFIGulf Island Fabrication INCStock-Other0.94%+0.22%+8.09%
21RTECEURRudolph Technologies INCStock-Other0.83%+0.06%+3.39%
22HURCHurco Companies INCStock-Other0.81%-0.08%—
23ROGRogers CORPStock-Other0.65%-0.07%—
24✓ Nanometrics INC ComStock-Other0.60%+0.06%+12.89%
25VECOVeeco Instruments INCStock-Other0.54%+0.20%+50.00%
26MRCYMercury Systems INCStock-Industrials0.54%-0.06%—
27RAILFreightcar America INCStock-Other0.49%+0.03%+15.38%
28BWEURBabcock & Wilcox EnterprStock-Other0.47%+0.13%+36.50%
29MTDRMatador Resources CoStock-Energy0.30%+0.07%+14.29%
30GHMGraham CORPStock-Other0.29%-0.06%-11.46%
31MTRXMatrix Service CoStock-Other0.29%+0.26%+900.00%
32VMIValmont IndustriesStock-Industrials0.29%-0.03%—
33PDFSPdf Solutions INCStock-Other0.28%+0.04%—
34COHUCohu INCStock-Other0.25%+0.02%+11.20%
35XOPUSDSpdr S&p Oil & Gas Exp & PrETF-Other0.18%+0.18%NEW
36✓ Planet Payment INCStock-Other0.16%+0.13%+511.11%
37DGIIDigi International INCStock-Other0.07%+0.05%+300.00%
38✓ Vasco Data Securit Usd 0.001 ComStock-Other0.05%+0.05%NEW

Holding changes this quarter

Springbank Value Partners LP's most significant position changes for 2016-09-30: Sold out: Zebra Technologies Corp-cl A (ZBRA); New buy: Spdr S&p Oil & Gas Exp & Pr (XOPUSD); New buy: Vasco Data Securit Usd 0.001 Com; Add: Wabtec CORP (WAB) — shares +1.75%; Add: Synergy Res CORP — shares +65.39%.

Position changes disclosed by Springbank Value Partners LP for the quarter ending 2016-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1THOThor Industries INC+1%—Unchanged
2EMEEmcor Group INC+0.6%—Unchanged
3COHREURCoherent INC+0.5%—Unchanged
4WABWabtec CORP+0.5%+1.75%Add
5✓ Synergy Res CORP+0.4%+65.39%Add
6MKSIMks INC+0.4%—Unchanged
7MTRXMatrix Service Co+0.3%+900.00%Add
8CUBUSDCubic CORP+0.2%+2.43%Add
9GIFIGulf Island Fabrication INC+0.2%+8.09%Add
10TTEKTetra Tech INC+0.2%—Unchanged
11VECOVeeco Instruments INC+0.2%+50.00%Add
12BWEURBabcock & Wilcox Enterpr+0.1%+36.50%Add
13✓ Planet Payment INC+0.1%+511.11%Add
14MTDRMatador Resources Co+0.1%+14.29%Add
15RTECEURRudolph Technologies INC+0.1%+3.39%Add
16✓ Nanometrics INC Com+0.1%+12.89%Add
17XECEURCimarex Energy Co+0.1%—Unchanged
18✓ Drew Inds INC+0.1%—Unchanged
19DGIIDigi International INC+0.1%+300.00%Add
20PDFSPdf Solutions INC0%—Unchanged
21RAILFreightcar America INC0%+15.38%Add
22COHUCohu INC0%+11.20%Add
23PRIMPrimoris Services CORP0%+0.77%Add
24VMIValmont Industries0%—Unchanged
25GHMGraham CORP-0.1%-11.46%Trim
26MRCYMercury Systems INC-0.1%—Unchanged
27ROGRogers CORP-0.1%—Unchanged
28HURCHurco Companies INC-0.1%—Unchanged
29AITApplied Industrial Tech INC-0.2%—Unchanged
30MSMMsc Industrial Direct Co-a-0.2%—Unchanged
31DRQEURDril-quip INC-0.3%—Unchanged
32GPNGlobal Payments INC-0.3%-1.49%Trim
33✓ Csg Systems International In-0.4%—Unchanged
34ROLRollins INC-0.6%—Unchanged
35NSPInsperity INC-1.1%—Unchanged
36TSSTotal System Services INC-1.5%—Unchanged
37ZBRAZebra Technologies Corp-cl A—EXITSold out
38XOPUSDSpdr S&p Oil & Gas Exp & Pr—NEWNew buy
39✓ Vasco Data Securit Usd 0.001 Com—NEWNew buy

FAQ

What is Springbank Value Partners LP and what type of investor is it?
Springbank Value Partners LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2016-09-30), the firm manages a tracked equity portfolio valued at approximately $65.5M, spread across 38 disclosed positions.
What are Springbank Value Partners LP's largest equity positions?
Based on the latest 13F filing, Springbank Value Partners LP's top holdings by market value are: 1. Mks INC (MKSI) — $5.7M (8.7%) 2. Global Payments INC (GPN) — $5.1M (7.7%) 3. Wabtec CORP (WAB) — $4.8M (7.3%) 4. Emcor Group INC (EME) — $4.5M (6.9%) 5. Thor Industries INC (THO) — $4.2M (6.4%)
What changes did Springbank Value Partners LP make in its most recent portfolio filing?
In the latest reported quarter, Springbank Value Partners LP made 20 notable position adjustments: 2 new positions were initiated, 15 existing holdings were added to, 2 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Zebra Technologies Corp-cl A (ZBRA); New buy: Spdr S&p Oil & Gas Exp & Pr (XOPUSD); New buy: Vasco Data Securit Usd 0.001 Com; Add: Wabtec CORP (WAB) — shares +1.75%; Add: Synergy Res CORP — shares +65.39%
What sectors does Springbank Value Partners LP focus on?
Springbank Value Partners LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 64.0% • Consumer Discretionary: 20.7% • Information Technology: 14.8% • Energy: 0.5%