Managers / Q1 2019 · view latest →
Firefly Value Partners, LP
CIK 0001438637 · 426 PINEVILLE ROAD, UNIT 1, NEWTOWN, PA, 18940 · 212-672-9600
Summary
Firefly Value Partners, LP reported $947M in U.S.-listed holdings across 21 positions for Q1 2019.
Its largest position, CCK, represents 8.7% of the portfolio.
Compared with Q4 2018, the fund opened 2 new positions and exited 14.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 86.8% · $822M
- ETP · 7.9% · $75M
- Other · 5.3% · $51M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2018 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AMDADVANCED MICRO DEVICES INC | NEW | +1.06M | 1.06M | +$27M | $27M |
| DHTDHT HOLDINGS INC | NEW | +1.32M | 1.32M | +$6M | $6M |
| VACMARRIOTT VACATIONS WORLDWIDE C | SOLD OUT | −470.0K | 0 | −$33M | $0 |
| KOCOCA-COLA CO/THE | SOLD OUT | −660.0K | 0 | −$31M | $0 |
| JNJJOHNSON & JOHNSON | SOLD OUT | −240.0K | 0 | −$31M | $0 |
| METAFACEBOOK INC | SOLD OUT | −225.0K | 0 | −$29M | $0 |
| CLCOLGATE-PALMOLIVE CO | SOLD OUT | −370.0K | 0 | −$22M | $0 |
| SYYSYSCO CORP | SOLD OUT | −330.0K | 0 | −$21M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CCKCROWN HOLDINGS INChistory → | COM | 8.74% | $83M | 1.52M |
| 2 | DEDEERE & COhistory → | COM | 8.71% | $83M | 516.5K |
| 3 | GULFPORT ENERGY CORP | COM NEW | 8.23% | $78M | 9.73M |
| 4 | EQTEQT CORPhistory → | COM | 7.71% | $73M | 3.52M |
| 5 | ASIXADVANSIX INChistory → | COM | 7.25% | $69M | 2.41M |
| 6 | MTWMANITOWOC CO INChistory → | COM NEW | 5.84% | $55M | 3.37M |
| 7 | WFCWELLS FARGO CO NEWhistory → | COM | 5.71% | $54M | 1.12M |
| 8 | NOBLE CORP PLC | SHS USD | 5.19% | $49M | 17.12M |
| 9 | PRUDENTIAL BANCORP INC NEW | COM | 0.87% | $8M | 475.3K |
| 10 | DHTDHT HOLDINGS INC | SHS NEW | 0.62% | $6M | 1.32M |
| 11 | AMRBAMERICAN RIVER BANKSHARES | COM | 0.43% | $4M | 313.2K |
| 12 | HFBLHOME FED BANCORP INC LA NEW | COM | 0.22% | $2M | 65.5K |
| 13 | IROQIF BANCORP INC | COM | 0.19% | $2M | 89.9K |
| 14 | WCFBWCF BANCORP INC | COM | 0.18% | $2M | 205.0K |
| 15 | HAMILTON BANCORP INC MD | COM | 0.16% | $1M | 98.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2020 | $0 | 1 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $60M | 7 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $466M | 15 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $530M | 18 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $713M | 16 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $652M | 16 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $851M | 19 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $947M | 21 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $1.2B | 33 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.