SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Springhouse Capital Management, LP

CIK 0001660086 · 18 BURR FARMS ROAD, WESTPORT, CT, 06880 · 212-319-2570

Reported Value
$207M
Q4 2018
Positions
22
Filings on Record
21
2019–present window
Filed
Feb 14, 2019
original filing

Summary

Springhouse Capital Management, LP reported $207M in U.S.-listed holdings across 22 positions for Q4 2018.

Its largest position, Oaktree Specialty Lending, represents 14.9% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+78.5%
share of reported value
Largest Position
+14.9%
Oaktree Specialty Lending

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

13F Reported Value
Q4 ’18: $207MQ4 ’18Q1 ’19: $154MQ2 ’19: $178MQ3 ’19: $149MQ3 ’19Q4 ’19: $105MQ1 ’20: $81MQ2 ’20: $83MQ2 ’20Q3 ’20: $83MQ4 ’20: $104MQ1 ’21: $100MQ1 ’21Q2 ’21: $111MQ3 ’21: $106MQ4 ’21: $142MQ4 ’21Q1 ’22: $157MQ2 ’22: $202MQ3 ’22: $150MQ3 ’22Q4 ’22: $75MQ1 ’23: $75MQ2 ’23: $60MQ2 ’23Q3 ’23: $55Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.7%Other: 16.8%ADR: 7.2%MLP: 0.3%REIT: 0.0%
  • Common Stock · 75.7% · $157M
  • Other · 16.8% · $35M
  • ADR · 7.2% · $15M
  • MLP · 0.3% · $532,000
  • REIT · 0.0% · $100,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
OAKTREE SPECIALTY LENDING CONEW+7.27M7.27M+$31M$31M
METAFACEBOOK INCNEW+228.9K228.9K+$30M$30M
GLOBAL INDTY LTD CAYMANNEW+744.7K744.7K+$27M$27M
GSGOLDMAN SACHS GROUP INCNEW+83.5K83.5K+$14M$14M
CCITIGROUP INCNEW+237.0K237.0K+$12M$12M
PCGPG&E CORPNEW+496.0K496.0K+$12M$12M
GOOGALPHABET INCNEW+9.9K9.9K+$10M$10M
OCSIOAKTREE STRATEGIC INCOME CORNEW+1.19M1.19M+$9M$9M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

22 positions
#IssuerClass% PortfolioValueShares
1OAKTREE SPECIALTY LENDING COCOM14.87%$31M7.27M
2METAFACEBOOK INChistory →CL A14.52%$30M228.9K
3GLOBAL INDTY LTD CAYMANUSD CL A SHS13.05%$27M744.7K
4GSGOLDMAN SACHS GROUP INChistory →COM6.75%$14M83.5K
5CCITIGROUP INChistory →COM NEW5.97%$12M237.0K
6PCGPG&E CORPhistory →COM5.70%$12M496.0K
7GOOGALPHABET INChistory →CAP STK CL C4.94%$10M9.9K
8OCSIOAKTREE STRATEGIC INCOME CORhistory →COM4.46%$9M1.19M
9TMETENCENT MUSIC ENTMT GROUPhistory →SPON ADS4.38%$9M685.8K
10MSMORGAN STANLEYhistory →COM NEW3.90%$8M203.5K
11G WILLI FOOD INTL LTDORD3.79%$8M1.12M
12ADNTADIENT PLChistory →ORD SHS2.83%$6M388.6K
13CREDIT SUISSE GROUPSPONSORED ADR2.81%$6M535.1K
14BIDUBAIDU INChistory →SPON ADR REP A2.78%$6M36.3K
15BIGGQBIG LOTS INChistory →COM2.15%$4M153.6K
16DXCDXC TECHNOLOGY COhistory →COM1.90%$4M74.0K
17MCDIFMCDERMOTT INTL INChistory →COM1.63%$3M516.2K
18BLDRBUILDERS FIRSTSOURCE INChistory →COM1.60%$3M302.6K
19COWEN INCCL A NEW1.28%$3M198.8K
20BXCBLUELINX HLDGS INCCOM NEW0.38%$787,00031.8K
21CALUMET SPECIALTY PRODS PTNRUT LTD PARTNER0.26%$532,000240.5K
22EXANTAS CAP CORPCOM NEW0.05%$100,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$55M22Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$60M22Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$75M27May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$75M32Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$150M47Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$202M57Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$157M44May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$142M33Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$106M26Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$111M23Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$100M19May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$104M21Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020REVEALED$83M16Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$83M15Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$81M18May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$105M12Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$149M17Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$178M19Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$154M18May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$207M22Feb 14, 201913F-HRchanges · 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 ↗.