CC

Concourse Capital Management, LLC

Sector-focusedMomentum followerHigh-turnover trader

Total reported value

$94.6M

Reporting period: 2019-12-31 · Number of holdings: 24

Concourse Capital Management, LLC disclosed 24 holdings in its latest 13F filing for the period ending 2019-12-31, with total reported value of $94.6M and a quarterly turnover rate of 78.1%.

Personality snowflake

Concentration
27.06
Portfolio Stability
78.1
Momentum/Contrarian
100
Sector conviction
100
Diversification
44
Sizing Uniformity
92.85

Recent moves

  • Add PYPL

    +99.8%　$8.1M

  • Add NXST

    +73.7%　$3.0M

  • Trim KKR

    -64.7%　-$4.2M

  • Add FUL

    +71.0%　$2.1M

  • Add NCLH

    +75.8%　$2.1M

  • Add CHTR

    0.0%　$1.3M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 22 holdings (of 24 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1PYPLPaypal Holdings INCStock-Financials16.48%+9.71%+99.82%
2CHTRCharter Communications Inc-aStock-Comm Services9.15%+2.48%—
3NXSTNexstar Media Group INCStock-Comm Services6.29%+3.58%+73.69%
4ACHCAcadia Healthcare Co INCStock-Other5.67%+1.94%+21.76%
5CSTMConstellium SEStock-Other5.29%+5.29%NEW
6APOEURApollo Asset Management INCStock-Other5.14%-1.43%-46.80%
7XPOXpo INCStock-Industrials5.13%+0.60%-12.74%
8FULH.b. Fuller Co.Stock-Materials4.77%+2.61%+71.01%
9SSNCSs&c Technologies HoldingsStock-Tech4.52%+1.09%-5.05%
10BCOBrink's Co/theStock-Industrials4.41%+1.26%+9.46%
11NCLHNorwegian Cruise Line Holdings Ltd.Stock-Consumer Disc4.39%+2.49%+75.83%
12MGMMgm Resorts InternationalStock-Consumer Disc4.13%+2.10%+45.21%
13LBTYALiberty Global Ltd.Stock-Other3.65%+0.24%—
14USFDUS Foods Holding CORPStock-Consumer Staples3.56%+1.22%+28.25%
15UPLDEURUpland Software INCStock-Other3.10%+0.05%-15.14%
16THCTenet Healthcare CORPStock-Healthcare3.09%+3.09%NEW
17KKRKkr & Co INCStock-Financials2.76%-3.41%-64.74%
18URIUnited Rentals INCStock-Industrials2.55%+2.55%NEW
19GPKGraphic Packaging Holding CoStock-Consumer Disc2.19%-0.73%-42.99%
20AQUAUSDEvoqua Water Technologies CoStock-Other1.71%-0.80%-47.52%
21CBZCbiz INCStock-Other1.65%-0.62%-45.83%
22CCChemours Co/theStock-Materials0.36%+0.36%NEW

Holding changes this quarter

Concourse Capital Management, LLC's most significant position changes for 2019-12-31: Sold out: Amazon.com INC (AMZN); New buy: Constellium SE (CSTM); Sold out: Vonage Holdings CORP (VG1EUR); Sold out: Constellium SE (CSTM); Sold out: OUTFRONT Media Inc. (OUT).

Position changes disclosed by Concourse Capital Management, LLC for the quarter ending 2019-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1PYPLPaypal Holdings INC+9.7%+99.82%Add
2NXSTNexstar Media Group INC+3.6%+73.69%Add
3FULH.b. Fuller Co.+2.6%+71.01%Add
4NCLHNorwegian Cruise Line Holdings Ltd.+2.5%+75.83%Add
5CHTRCharter Communications Inc-a+2.5%—Unchanged
6MGMMgm Resorts International+2.1%+45.21%Add
7ACHCAcadia Healthcare Co INC+1.9%+21.76%Add
8BCOBrink's Co/the+1.3%+9.46%Add
9USFDUS Foods Holding CORP+1.2%+28.25%Add
10SSNCSs&c Technologies Holdings+1.1%-5.05%Trim
11XPOXpo INC+0.6%-12.74%Trim
12LBTYALiberty Global Ltd.+0.2%—Unchanged
13UPLDEURUpland Software INC+0.1%-15.14%Trim
14CBZCbiz INC-0.6%-45.83%Trim
15GPKGraphic Packaging Holding Co-0.7%-42.99%Trim
16AQUAUSDEvoqua Water Technologies Co-0.8%-47.52%Trim
17APOEURApollo Asset Management INC-1.4%-46.80%Trim
18KKRKkr & Co INC-3.4%-64.74%Trim
19AMZNAmazon.com INC—EXITSold out
20CSTMConstellium SE—NEWNew buy
21VG1EURVonage Holdings CORP—EXITSold out
22CSTMConstellium SE—EXITSold out
23OUTOUTFRONT Media Inc.—EXITSold out
24EAFEURGraftech International LTD—EXITSold out
25NOMDNomad Foods Limited—EXITSold out
26THCTenet Healthcare CORP—NEWNew buy
27EBIXEUREbix INC—EXITSold out
28URIUnited Rentals INC—NEWNew buy
29PZZAPapa John's Intl INC—EXITSold out
30HIIHuntington Ingalls Industrie—EXITSold out
31USX1United States Steel CORP—EXITSold out
32SIRIEURSirius Xm Holdings INC—EXITSold out
33SWKSSkyworks Solutions INC—EXITSold out
34DDD3d Systems CORP—EXITSold out
35MCHXMarchex Inc-class B—EXITSold out
36QUOTUSDQuotient Technology INC—EXITSold out
37GPROGopro Inc-class A—EXITSold out
38INFNEURInfinera CORP—EXITSold out
39CCChemours Co/the—NEWNew buy
40INWKEURInnerworkings INC—EXITSold out
41ZGZillow Group INC - A—EXITSold out
42VXXiPath Series B S&P 500 VIX Short-Term Futures ETN—EXITSold out
43CSLT1EURCastlight Health Inc-b—EXITSold out
44AMSCAmerican Superconductor CORP—EXITSold out
45BG3Big 5 Sporting Goods CORP—EXITSold out

FAQ

What is Concourse Capital Management, LLC and what type of investor is it?
Concourse Capital Management, LLC 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 (2019-12-31), the firm manages a tracked equity portfolio valued at approximately $94.6M, spread across 24 disclosed positions.
What are Concourse Capital Management, LLC's largest equity positions?
Based on the latest 13F filing, Concourse Capital Management, LLC's top holdings by market value are: 1. Paypal Holdings INC (PYPL) — $15.6M (16.5%) 2. Charter Communications Inc-a (CHTR) — $8.7M (9.2%) 3. Nexstar Media Group INC (NXST) — $6.0M (6.3%) 4. Acadia Healthcare Co INC (ACHC) — $5.4M (5.7%) 5. Constellium SE (CSTM) — $5.0M (5.3%)
What changes did Concourse Capital Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, Concourse Capital Management, LLC made 43 notable position adjustments: 4 new positions were initiated, 8 existing holdings were added to, 8 positions were partially reduced, and 23 were completely exited. The largest of these moves: Sold out: Amazon.com INC (AMZN); New buy: Constellium SE (CSTM); Sold out: Vonage Holdings CORP (VG1EUR); Sold out: Constellium SE (CSTM); Sold out: OUTFRONT Media Inc. (OUT)
What sectors does Concourse Capital Management, LLC focus on?
Concourse Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 67.8% • Communication Services: 32.3%