Managers / Q2 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 $851M in U.S.-listed holdings across 19 positions for Q2 2019.
Its largest position, CCK, represents 9.5% of the portfolio.
Compared with Q1 2019, the fund opened 2 new positions and exited 4.
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 · 89.8% · $765M
- ETP · 5.7% · $49M
- Other · 4.4% · $38M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SOXXISHARES TR | NEW | +246.1K | 246.1K | +$49M | $49M |
| BIG 5 SPORTING GOODS CORP | NEW | +1.00M | 1.00M | +$2M | $2M |
| AMZNAMAZON COM INC | SOLD OUT | −27.5K | 0 | −$49M | $0 |
| QQQINVESCO QQQ TR | SOLD OUT | −225.0K | 0 | −$40M | $0 |
| IWMISHARES TR | SOLD OUT | −225.0K | 0 | −$34M | $0 |
| HAMILTON BANCORP INC MD | SOLD OUT | −98.9K | 0 | −$1M | $0 |
| TSLATESLA INC | ADDED | +395.0K | 1.08M | +$49M | $242M |
| NOBLE CORP PLC | ADDED | +3.03M | 20.14M | −$11M | $38M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CCKCROWN HOLDINGS INChistory → | COM | 9.55% | $81M | 1.33M |
| 2 | DEDEERE & COhistory → | COM | 9.38% | $80M | 481.9K |
| 3 | MTWMANITOWOC CO INChistory → | COM NEW | 7.36% | $63M | 3.52M |
| 4 | ASIXADVANSIX INChistory → | COM | 7.12% | $61M | 2.48M |
| 5 | GULFPORT ENERGY CORP | COM NEW | 6.61% | $56M | 11.46M |
| 6 | EQTEQT CORPhistory → | COM | 6.54% | $56M | 3.52M |
| 7 | WFCWELLS FARGO CO NEWhistory → | COM | 6.23% | $53M | 1.12M |
| 8 | NOBLE CORP PLC | SHS USD | 4.42% | $38M | 20.14M |
| 9 | PRUDENTIAL BANCORP INC NEW | COM | 1.06% | $9M | 475.3K |
| 10 | DHTDHT HOLDINGS INC | SHS NEW | 0.92% | $8M | 1.33M |
| 11 | AMRBAMERICAN RIVER BANKSHARES | COM | 0.45% | $4M | 313.2K |
| 12 | HFBLHOME FED BANCORP INC LA NEW | COM | 0.26% | $2M | 65.5K |
| 13 | BIG 5 SPORTING GOODS CORP | COM | 0.23% | $2M | 1.00M |
| 14 | IROQIF BANCORP INC | COM | 0.22% | $2M | 89.9K |
| 15 | WCFBWCF BANCORP INC | COM | 0.20% | $2M | 205.0K |
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 ↗.