FIRST SABREPOINT CAPITAL MANAGEMENT LP

CIK: 0001731530SEC EDGAR →

Portfolio Value

$259.1M

Holdings

29

As of

Q4 2025

New Positions

12

Closed Positions

9

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

TURNING PT BRANDS INC

400,000$43.4M
16.73%
2

FIRSTCASH HOLDINGS INC

195,000$31.1M
11.99%
3

LAUREATE EDUCATION INC

500,000$16.8M
6.50%
4

CAVCO INDS INC DEL

27,000$15.9M
6.15%
5

ADTALEM GLOBAL ED INC

135,000$14.0M
5.39%
6

MICROSOFT CORP

25,000$12.1M
4.67%
7

AMRIZE LTD

200,000$10.8M
4.17%
8

AUTOZONE INC

3,000$10.2M
3.93%
9
Call

TURNING PT BRANDS INC

87,000$9.4M
3.64%
10

STERLING INFRASTRUCTURE INC

30,000$9.2M
3.54%

Quarterly Changes

Top Buys

ATGENEW
$14.0M
AGMNEW
$7.8M
NPKINEW
$7.7M
EEFTNEW
$7.7M
TFINNEW
$5.6M

Top Sells

TURNING PT BRANDS INC↓ Decreased
$11.1M
LAUR↓ Decreased
$8.4M
WD↓ Decreased
$8.2M
BMTA↓ Decreased
$8.0M
MAACLOSED
$7.7M

New Positions (10)

$14.0M · 135K shares
$7.8M · 45K shares
$7.7M · 650K shares
$7.7M · 101K shares
$5.6M · 90K shares
$3.7M · 110K shares
$3.0M · 100K shares
$2.3M · 30K shares
$1.3M · 1.2M shares
$1.2M · 150K shares

Closed Positions (18)

$7.7M · 55K shares
$5.7M · 15K shares
$5.2M · 70K shares
$4.1M · 255K shares
$4.0M · 65K shares
$3.9M · 105K shares
$3.9M · 315K shares
$3.6M · 20K shares
$3.3M · 110K shares
$2.7M · 130K shares
$2.7M · 9K shares
$2.2M · 90K shares
DIGITAL RLTY TR INC
$1.7M · 10K shares
$1.5M · 51K shares
$1.4M · 210K shares
$881K · 4K shares
$435K · 30K shares
$368K · 20K shares

Sector Breakdown

Sector# HoldingsValue%
Consumer Defensive3$60.8M23.5%
Financial Services5$50.0M19.3%
Technology5$38.2M14.7%
Consumer Cyclical4$35.2M13.6%
Unknown3$26.2M10.1%
Energy3$16.2M6.3%
Industrials4$15.1M5.8%
Basic Materials1$10.8M4.2%
Healthcare1$6.4M2.5%