Concourse Capital Management is an investment fund managing more than $85.6 million ran by Greg Deese. There are currently 21 companies in Mr. Deese’s portfolio. The largest investments include Charter Communications Inc N and PayPal, together worth $16.5 million.
As of 7th October 2020, Concourse Capital Management’s top holding is 17,856 shares of Charter Communications Inc N currently worth over $8.66 million and making up 10.1% of the portfolio value.
In addition, the fund holds 72,132 shares of PayPal worth $7.8 million, whose value grew 89.2% in the past six months.
The third-largest holding is Nexstar Media worth $5.95 million and the next is Acadia Healthcare Company In worth $5.36 million, with 161,420 shares owned.
Currently, Concourse Capital Management's portfolio is worth at least $85.6 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Concourse Capital Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Greg Deese serves as the Chief Compliance Officer at Concourse Capital Management.
In the most recent 13F filing, Concourse Capital Management revealed that it had opened a new position in
Constellium SE and bought 373,480 shares worth $5.01 million.
This means they effectively own approximately 0.1% of the company.
Constellium SE makes up
100.0%
of the fund's Materials sector allocation and has decreased its share price by 35.3% in the past year.
The investment fund also strengthened its position in Nexstar Media by buying
21,530 additional shares.
This makes their stake in Nexstar Media total 50,745 shares worth $5.95 million.
Nexstar Media dropped 7.7% in the past year.
On the other hand, there are companies that Concourse Capital Management is getting rid of from its portfolio.
Concourse Capital Management closed its position in Amazon.com on 14th February 2020.
It sold the previously owned 4,557 shares for $7.91 million.
Greg Deese also disclosed a decreased stake in Apollo Global Mgmt Inc by 0.5%.
This leaves the value of the investment at $4.87 million and 102,004 shares.
The two most similar investment funds to Concourse Capital Management are Susquehanna Trust & Investment Co and Portland Investment Counsel Inc. They manage $85.6 million and $85.5 million respectively.
Concourse Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Industrials — making up 12.2% of
the total portfolio value.
The fund focuses on investments in the United States as
52.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
29% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $25.4 billion.
These positions were updated on February 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Charter Communications Inc N |
No change
17,856
|
$8,662,000 | 10.12% |
| Amazon.com, Inc. |
Closed
4,557
|
$7,911,000 | |
| PayPal Holdings, Inc. |
No change
72,132
|
$7,803,000 | 9.12% |
| Nexstar Media Group, Inc. |
73.70%
50,745
|
$5,950,000 | 6.95% |
| Acadia Healthcare Company In |
21.76%
161,420
|
$5,362,000 | 6.27% |
| Constellium SE |
Opened
373,480
|
$5,005,000 | 5.85% |
| Apollo Global Mgmt Inc |
46.80%
102,004
|
$4,867,000 | 5.69% |
| XPO Logistics, Inc. |
12.74%
60,970
|
$4,859,000 | 5.68% |
| Fuller H B Co |
71.01%
87,610
|
$4,518,000 | 5.28% |
| Vonage Hldgs Corp |
Closed
374,870
|
$4,236,000 | |
| Brinks Co |
9.46%
46,070
|
$4,178,000 | 4.88% |
| Norwegian Cruise Line Hldg L |
75.83%
71,160
|
$4,156,000 | 4.86% |
| MGM Resorts International |
45.21%
117,400
|
$3,906,000 | 4.56% |
| Constellium SE |
Closed
297,620
|
$3,783,000 | |
| Liberty Global Plc |
No change
158,318
|
$3,451,000 | 4.03% |
| Us Foods Hldg Corp |
28.25%
80,494
|
$3,372,000 | 3.94% |
| SS&C Technologies Holdings, Inc. |
6.35%
54,720
|
$3,360,000 | 3.93% |
| OUTFRONT Media, Inc. |
Closed
119,960
|
$3,332,000 | |
| Graftech Intl Ltd |
Closed
250,752
|
$3,210,000 | |
| Nomad Foods Ltd. |
Closed
146,494
|
$3,003,000 | |
| Upland Software, Inc. |
15.14%
82,050
|
$2,930,000 | 3.42% |
| Tenet Healthcare Corp. |
Opened
76,960
|
$2,927,000 | 3.42% |
| KKR & Co., Inc. |
64.74%
89,453
|
$2,609,000 | 3.05% |
| Ebix, Inc. |
Closed
61,140
|
$2,574,000 | |
| United Rentals, Inc. |
Opened
14,480
|
$2,415,000 | 2.82% |
| Graphic Packaging Hldg Co |
42.99%
124,590
|
$2,074,000 | 2.42% |
| Papa Johns Intl Inc |
Closed
39,030
|
$2,043,000 | |
| Huntington Ingalls Inds Inc |
Closed
8,240
|
$1,745,000 | |
| Evoqua Water Technologies Corp. |
47.52%
85,380
|
$1,618,000 | 1.89% |
| CBIZ, Inc. |
45.83%
57,810
|
$1,559,000 | 1.82% |
| Sirius XM Holdings, Inc. |
Closed
106,711
|
$667,000 | |
| Skyworks Solutions, Inc. |
Closed
6,618
|
$524,000 | |
| 3-d Sys Corp Del |
Closed
54,880
|
$447,000 | |
| Marchex, Inc. |
Closed
138,744
|
$436,000 | |
| Quotient Technology, Inc. |
Closed
53,800
|
$421,000 | |
| GoPro, Inc. |
Closed
71,429
|
$370,000 | |
| Infinera Corp. |
Closed
64,570
|
$352,000 | |
| InnerWorkings, Inc. |
Closed
71,859
|
$318,000 | |
| Zillow Group, Inc. |
Closed
6,954
|
$205,000 | |
| Barclays Bk Plc |
Closed
8,605
|
$204,000 | |
| Castlight Health, Inc. |
Closed
142,107
|
$200,000 | |
| American Superconductor Corp. |
Closed
12,024
|
$94,000 | |
| Big 5 Sporting Goods Corp. |
Closed
33,026
|
$69,000 | |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||