TC

Three Corner Global Investors LP

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$308.7M

Reporting period: 2018-03-31 · Number of holdings: 24

Three Corner Global Investors LP disclosed 24 holdings in its latest 13F filing for the period ending 2018-03-31, with total reported value of $308.7M and a quarterly turnover rate of 71.7%.

Personality snowflake

Concentration
24.9
Portfolio Stability
71.73
Momentum/Contrarian
100
Sector conviction
100
Diversification
48
Sizing Uniformity
92.82

Recent moves

  • Trim C

    -74.6%　-$22.4M

  • Trim FLT1EUR

    -71.7%　-$16.8M

  • Add G57279104

    +220.1%　$11.7M

  • Add EVEUR

    +89.3%　$9.6M

  • Add BAC

    +32.0%　$7.5M

  • Trim MMI

    -62.7%　-$9.6M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1BACBank Of America CORPStock-Financials9.59%+3.29%+32.00%
2LPLALpl Financial Holdings INCStock-Financials9.32%-1.08%-26.15%
3CBRECbre Group INC - AStock-Real Estate9.09%-0.36%-22.22%
4LWLamb Weston Holdings INCStock-Consumer Staples7.80%+1.45%+4.95%
5EVEUREaton Vance CORPStock-Other6.65%+3.51%+89.33%
6✓ Luxoft Holding INCStock-Other6.61%+4.14%+220.10%
7ETRAE*trade Financial CORPStock-Other6.44%+6.44%NEW
8ENVUSDEnvestnet INCStock-Other6.30%+2.48%+26.55%
9RJFRaymond James Financial INCStock-Financials6.10%-0.87%-23.03%
10PJTPjt Partners INC - AStock-Financials4.32%+0.34%-12.88%
11ADTAdt INCStock-Industrials4.27%+4.27%NEW
12AMTTD Ameritrade Holding CORPStock-Real Estate3.49%+3.49%NEW
13IBNIcici Bank Ltd-spon AdrStock-Financials3.29%+3.29%NEW
14LINDLindblad Expeditions HoldingStock-Other2.70%+0.43%—
15TECKTeck Resources Ltd-cls BStock-Materials2.33%+0.49%+13.60%
16FLT1EURFleetcor Technologies INCStock-Other2.32%-4.52%-71.67%
17MMIMarcus & Millichap INCStock-Other2.19%-2.49%-62.68%
18CCitigroup INCStock-Financials2.17%-6.14%-74.63%
19NMRKNewmark Group Inc-class AStock-Other2.02%+0.13%-1.40%
20✓ Brightsphere Investment GroupStock-Other1.13%+1.13%NEW
21NGNovagold Resources INCStock-Other0.65%+0.65%NEW
22LBCUSDLuther Burbank CORPStock-Other0.60%+0.07%—
23✓ Hennessy Capital Acquis-cw20Stock-Other0.35%-0.32%-18.66%
24✓ Hennessy Cap Acquston CORP IStock-Other0.27%+0.03%—

Holding changes this quarter

Three Corner Global Investors LP's most significant position changes for 2018-03-31: Sold out: Adient plc (ADNT); Sold out: Vantiv INC; New buy: E*trade Financial CORP (ETRA); New buy: Adt INC (ADT); Sold out: Ameriprise Financial INC (AMP).

Position changes disclosed by Three Corner Global Investors LP for the quarter ending 2018-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1✓ Luxoft Holding INC+4.1%+220.10%Add
2EVEUREaton Vance CORP+3.5%+89.33%Add
3BACBank Of America CORP+3.3%+32.00%Add
4ENVUSDEnvestnet INC+2.5%+26.55%Add
5LWLamb Weston Holdings INC+1.5%+4.95%Add
6TECKTeck Resources Ltd-cls B+0.5%+13.60%Add
7LINDLindblad Expeditions Holding+0.4%—Unchanged
8PJTPjt Partners INC - A+0.3%-12.88%Trim
9NMRKNewmark Group Inc-class A+0.1%-1.40%Trim
10LBCUSDLuther Burbank CORP+0.1%—Unchanged
11✓ Hennessy Cap Acquston CORP I0%—Unchanged
12✓ Hennessy Capital Acquis-cw20-0.3%-18.66%Trim
13CBRECbre Group INC - A-0.4%-22.22%Trim
14RJFRaymond James Financial INC-0.9%-23.03%Trim
15LPLALpl Financial Holdings INC-1.1%-26.15%Trim
16MMIMarcus & Millichap INC-2.5%-62.68%Trim
17FLT1EURFleetcor Technologies INC-4.5%-71.67%Trim
18CCitigroup INC-6.1%-74.63%Trim
19ADNTAdient plc—EXITSold out
20✓ Vantiv INC—EXITSold out
21ETRAE*trade Financial CORP—NEWNew buy
22ADTAdt INC—NEWNew buy
23AMPAmeriprise Financial INC—EXITSold out
24AMTTD Ameritrade Holding CORP—NEWNew buy
25IBNIcici Bank Ltd-spon Adr—NEWNew buy
26WEXWex INC—EXITSold out
27✓ Brightsphere Investment Group—NEWNew buy
28NGNovagold Resources INC—NEWNew buy
29HLNEHamilton Lane Inc-class A—EXITSold out

FAQ

What is Three Corner Global Investors LP and what type of investor is it?
Three Corner Global Investors 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 (2018-03-31), the firm manages a tracked equity portfolio valued at approximately $308.7M, spread across 24 disclosed positions.
What are Three Corner Global Investors LP's largest equity positions?
Based on the latest 13F filing, Three Corner Global Investors LP's top holdings by market value are: 1. Bank Of America CORP (BAC) — $29.6M (9.6%) 2. Lpl Financial Holdings INC (LPLA) — $28.8M (9.3%) 3. Cbre Group INC - A (CBRE) — $28.1M (9.1%) 4. Lamb Weston Holdings INC (LW) — $24.1M (7.8%) 5. Eaton Vance CORP (EVEUR) — $20.5M (6.7%)
What changes did Three Corner Global Investors LP make in its most recent portfolio filing?
In the latest reported quarter, Three Corner Global Investors LP made 26 notable position adjustments: 6 new positions were initiated, 6 existing holdings were added to, 9 positions were partially reduced, and 5 were completely exited. The largest of these moves: Sold out: Adient plc (ADNT); Sold out: Vantiv INC; New buy: E*trade Financial CORP (ETRA); New buy: Adt INC (ADT); Sold out: Ameriprise Financial INC (AMP)
What sectors does Three Corner Global Investors LP focus on?
Three Corner Global Investors LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 100.0%