Managers / Q4 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 $713M in U.S.-listed holdings across 16 positions for Q4 2019.
Its largest position, DE, represents 7.8% of the portfolio.
Compared with Q3 2019, the fund opened 2 new positions and exited 2.
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 · 95.8% · $683M
- Other · 3.9% · $28M
- ETP · 0.3% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AKORN INC | NEW | +770.0K | 770.0K | +$1M | $1M |
| CULPCULP INC | NEW | +49.2K | 49.2K | +$670,000 | $670,000 |
| SOXXISHARES TR | SOLD OUT | −246.1K | 0 | −$52M | $0 |
| AMRBAMERICAN RIVER BANKSHARES | SOLD OUT | −313.2K | 0 | −$4M | $0 |
| WFCWELLS FARGO CO NEW | TRIMMED | −226.0K | 805.2K | −$9M | $43M |
| CCKCROWN HOLDINGS INC | TRIMMED | −180.3K | 761.6K | −$7M | $55M |
| EQTEQT CORP | ADDED | +713.0K | 4.62M | +$9M | $50M |
| DEDEERE & CO | TRIMMED | −59.6K | 321.9K | −$9M | $56M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DEDEERE & COhistory → | COM | 7.83% | $56M | 321.9K |
| 2 | CCKCROWN HOLDINGS INChistory → | COM | 7.75% | $55M | 761.6K |
| 3 | MTWMANITOWOC CO INChistory → | COM NEW | 7.57% | $54M | 3.08M |
| 4 | EQTEQT CORPhistory → | COM | 7.07% | $50M | 4.62M |
| 5 | GULFPORT ENERGY CORP | COM NEW | 6.72% | $48M | 15.76M |
| 6 | ASIXADVANSIX INChistory → | COM | 6.50% | $46M | 2.32M |
| 7 | WFCWELLS FARGO CO NEWhistory → | COM | 6.08% | $43M | 805.2K |
| 8 | NOBLE CORP PLC | SHS USD | 3.89% | $28M | 22.71M |
| 9 | DHTDHT HOLDINGS INChistory → | SHS NEW | 1.54% | $11M | 1.33M |
| 10 | PRUDENTIAL BANCORP INC NEW | COM | 1.24% | $9M | 475.3K |
| 11 | BIG 5 SPORTING GOODS CORP | COM | 0.42% | $3M | 1.00M |
| 12 | HFBLHOME FED BANCORP INC LA NEW | COM | 0.33% | $2M | 65.5K |
| 13 | CULPCULP INC | COM | 0.09% | $670,000 | 49.2K |
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 ↗.