Managers / Q1 2019 · view latest →
Springhouse Capital Management, LP
CIK 0001660086 · 18 BURR FARMS ROAD, WESTPORT, CT, 06880 · 212-319-2570
Summary
Springhouse Capital Management, LP reported $154M in U.S.-listed holdings across 18 positions for Q1 2019.
The portfolio is heavily concentrated: Oaktree Specialty Lending alone accounts for 23.1% of reported value.
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 · 74.6% · $115M
- Other · 20.8% · $32M
- ADR · 4.1% · $6M
- MLP · 0.6% · $856,000
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| OAKTREE SPECIALTY LENDING CO | NEW | +6.85M | 6.85M | +$36M | $36M |
| GLOBAL INDTY LTD CAYMAN | NEW | +748.6K | 748.6K | +$23M | $23M |
| METAFACEBOOK INC | NEW | +103.9K | 103.9K | +$17M | $17M |
| GSGOLDMAN SACHS GROUP INC | NEW | +58.5K | 58.5K | +$11M | $11M |
| OCSIOAKTREE STRATEGIC INCOME COR | NEW | +1.19M | 1.19M | +$10M | $10M |
| G WILLI FOOD INTL LTD | NEW | +1.12M | 1.12M | +$9M | $9M |
| MSMORGAN STANLEY | NEW | +203.5K | 203.5K | +$9M | $9M |
| CREDIT SUISSE GROUP | NEW | +735.1K | 735.1K | +$9M | $9M |
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 | OAKTREE SPECIALTY LENDING CO | COM | 23.08% | $36M | 6.85M |
| 2 | GLOBAL INDTY LTD CAYMAN | USD CL A SHS | 14.78% | $23M | 748.6K |
| 3 | METAFACEBOOK INChistory → | CL A | 11.26% | $17M | 103.9K |
| 4 | GSGOLDMAN SACHS GROUP INChistory → | COM | 7.31% | $11M | 58.5K |
| 5 | OCSIOAKTREE STRATEGIC INCOME CORhistory → | COM | 6.27% | $10M | 1.19M |
| 6 | G WILLI FOOD INTL LTD | ORD | 5.97% | $9M | 1.12M |
| 7 | MSMORGAN STANLEYhistory → | COM NEW | 5.58% | $9M | 203.5K |
| 8 | CREDIT SUISSE GROUP | SPONSORED ADR | 5.57% | $9M | 735.1K |
| 9 | BIDUBAIDU INChistory → | SPON ADR REP A | 4.10% | $6M | 38.3K |
| 10 | KKRKKR & CO INChistory → | CL A | 3.73% | $6M | 244.5K |
| 11 | MCDIFMCDERMOTT INTL INChistory → | COM | 3.13% | $5M | 647.5K |
| 12 | BLDRBUILDERS FIRSTSOURCE INChistory → | COM | 2.62% | $4M | 302.6K |
| 13 | COWEN INC | CL A NEW | 1.87% | $3M | 198.8K |
| 14 | DXCDXC TECHNOLOGY COhistory → | COM | 1.59% | $2M | 38.0K |
| 15 | CCITIGROUP INChistory → | COM NEW | 1.21% | $2M | 30.0K |
| 16 | MEDLEY MGMT INC | CL A COM | 1.18% | $2M | 528.0K |
| 17 | CALUMET SPECIALTY PRODS PTNR | UT LTD PARTNER | 0.56% | $856,000 | 240.5K |
| 18 | CVSCVS HEALTH CORP | COM | 0.18% | $270,000 | 5.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $55M | 22 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $60M | 22 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $75M | 27 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $75M | 32 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $150M | 47 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $202M | 57 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $157M | 44 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $142M | 33 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $106M | 26 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $111M | 23 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $100M | 19 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $104M | 21 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020REVEALED | $83M | 16 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $83M | 15 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $81M | 18 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $105M | 12 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $149M | 17 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $178M | 19 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $154M | 18 | May 15, 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 ↗.