Managers / Q3 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 $652M in U.S.-listed holdings across 16 positions for Q3 2019.
Its largest position, DE, represents 9.9% of the portfolio.
Compared with Q2 2019, the fund opened 1 new position and exited 3.
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 · 87.4% · $570M
- ETP · 8.4% · $55M
- Other · 4.2% · $28M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DIREXION SHS ETF TR | NEW | +60.0K | 60.0K | +$3M | $3M |
| AMDADVANCED MICRO DEVICES INC | SOLD OUT | −1.06M | 0 | −$32M | $0 |
| IROQIF BANCORP INC | SOLD OUT | −89.9K | 0 | −$2M | $0 |
| WCFBWCF BANCORP INC | SOLD OUT | −205.0K | 0 | −$2M | $0 |
| TSLATESLA INC | TRIMMED | −360.0K | 723.7K | −$68M | $174M |
| CCKCROWN HOLDINGS INC | TRIMMED | −388.5K | 941.8K | −$19M | $62M |
| DEDEERE & CO | TRIMMED | −100.4K | 381.5K | −$16M | $64M |
| GULFPORT ENERGY CORP | ADDED | +1.70M | 15.76M | −$26M | $43M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DEDEERE & COhistory → | COM | 9.87% | $64M | 381.5K |
| 2 | ASIXADVANSIX INChistory → | COM | 9.75% | $64M | 2.47M |
| 3 | CCKCROWN HOLDINGS INChistory → | COM | 9.54% | $62M | 941.8K |
| 4 | WFCWELLS FARGO CO NEWhistory → | COM | 7.98% | $52M | 1.03M |
| 5 | MTWMANITOWOC CO INChistory → | COM NEW | 6.75% | $44M | 3.52M |
| 6 | GULFPORT ENERGY CORP | COM NEW | 6.55% | $43M | 15.76M |
| 7 | EQTEQT CORPhistory → | COM | 6.38% | $42M | 3.91M |
| 8 | NOBLE CORP PLC | SHS USD | 4.23% | $28M | 21.70M |
| 9 | DHTDHT HOLDINGS INChistory → | SHS NEW | 1.25% | $8M | 1.33M |
| 10 | PRUDENTIAL BANCORP INC NEW | COM | 1.24% | $8M | 475.3K |
| 11 | AMRBAMERICAN RIVER BANKSHARES | COM | 0.66% | $4M | 313.2K |
| 12 | HFBLHOME FED BANCORP INC LA NEW | COM | 0.33% | $2M | 65.5K |
| 13 | BIG 5 SPORTING GOODS CORP | COM | 0.32% | $2M | 1.00M |
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 ↗.