Litespeed Management, L.L.C. Buys Macquarie Infrastructure Corp, Fitbit Inc, Tegna Inc, Sells Papa John's International Inc, Uniti Group Inc, TiVo Corp

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May 16, 2020
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New York, NY, based Investment company Litespeed Management, L.L.C. (Current Portfolio) buys Macquarie Infrastructure Corp, Fitbit Inc, Tegna Inc, Taubman Centers Inc, Genworth Financial Inc, sells Papa John's International Inc, Uniti Group Inc, TiVo Corp, Bunge, R1 RCM Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Litespeed Management, L.L.C.. As of 2020Q1, Litespeed Management, L.L.C. owns 14 stocks with a total value of $46 million. These are the details of the buys and sells.

For the details of Litespeed Management, L.L.C.'s stock buys and sells, go to https://www.gurufocus.com/guru/litespeed+management%2C+l.l.c./current-portfolio/portfolio

These are the top 5 holdings of Litespeed Management, L.L.C.
  1. Genworth Financial Inc (GNW) - 2,950,000 shares, 21.08% of the total portfolio. Shares added by 23.49%
  2. R1 RCM Inc (RCM) - 976,096 shares, 19.10% of the total portfolio. Shares reduced by 26.48%
  3. Macquarie Infrastructure Corp (MIC) - 272,400 shares, 14.81% of the total portfolio. New Position
  4. The E W Scripps Co (SSP) - 483,000 shares, 7.84% of the total portfolio.
  5. Fitbit Inc (FIT) - 430,000 shares, 6.17% of the total portfolio. New Position
New Purchase: Macquarie Infrastructure Corp (MIC)

Litespeed Management, L.L.C. initiated holding in Macquarie Infrastructure Corp. The purchase prices were between $14.1 and $45.65, with an estimated average price of $38.56. The stock is now traded at around $27.43. The impact to a portfolio due to this purchase was 14.81%. The holding were 272,400 shares as of .

New Purchase: Fitbit Inc (FIT)

Litespeed Management, L.L.C. initiated holding in Fitbit Inc. The purchase prices were between $5.99 and $6.7, with an estimated average price of $6.47. The stock is now traded at around $6.55. The impact to a portfolio due to this purchase was 6.17%. The holding were 430,000 shares as of .

New Purchase: Tegna Inc (TGNA)

Litespeed Management, L.L.C. initiated holding in Tegna Inc. The purchase prices were between $10.68 and $18.06, with an estimated average price of $16.05. The stock is now traded at around $10.13. The impact to a portfolio due to this purchase was 5.94%. The holding were 254,062 shares as of .

New Purchase: Taubman Centers Inc (TCO)

Litespeed Management, L.L.C. initiated holding in Taubman Centers Inc. The purchase prices were between $26.42 and $53.25, with an estimated average price of $41.53. The stock is now traded at around $38.53. The impact to a portfolio due to this purchase was 5.14%. The holding were 57,000 shares as of .

New Purchase: Craft Brew Alliance Inc (BREW)

Litespeed Management, L.L.C. initiated holding in Craft Brew Alliance Inc. The purchase prices were between $11.11 and $16.51, with an estimated average price of $15.7. The stock is now traded at around $15.02. The impact to a portfolio due to this purchase was 2.18%. The holding were 68,083 shares as of .

New Purchase: Navistar International Corp (NAV)

Litespeed Management, L.L.C. initiated holding in Navistar International Corp. The purchase prices were between $15.3 and $37.66, with an estimated average price of $29.3. The stock is now traded at around $23.41. The impact to a portfolio due to this purchase was 1.67%. The holding were 47,000 shares as of .

Added: Genworth Financial Inc (GNW)

Litespeed Management, L.L.C. added to a holding in Genworth Financial Inc by 23.49%. The purchase prices were between $2.98 and $4.8, with an estimated average price of $4.16. The stock is now traded at around $2.70. The impact to a portfolio due to this purchase was 4.01%. The holding were 2,950,000 shares as of .

Added: Expedia Group Inc (EXPE)

Litespeed Management, L.L.C. added to a holding in Expedia Group Inc by 84.68%. The purchase prices were between $45.65 and $122.8, with an estimated average price of $96.87. The stock is now traded at around $66.76. The impact to a portfolio due to this purchase was 1.5%. The holding were 27,000 shares as of .

Sold Out: Papa John's International Inc (PZZA)

Litespeed Management, L.L.C. sold out a holding in Papa John's International Inc. The sale prices were between $35.55 and $69.32, with an estimated average price of $60.38.

Sold Out: Uniti Group Inc (UNIT)

Litespeed Management, L.L.C. sold out a holding in Uniti Group Inc. The sale prices were between $5.21 and $10.94, with an estimated average price of $7.86.

Sold Out: TiVo Corp (TIVO)

Litespeed Management, L.L.C. sold out a holding in TiVo Corp. The sale prices were between $4.69 and $9.01, with an estimated average price of $7.4.

Sold Out: Bunge Ltd (BG)

Litespeed Management, L.L.C. sold out a holding in Bunge Ltd. The sale prices were between $30.25 and $57.94, with an estimated average price of $49.23.

Sold Out: Avaya Holdings Corp (AVYA)

Litespeed Management, L.L.C. sold out a holding in Avaya Holdings Corp. The sale prices were between $7.09 and $14.55, with an estimated average price of $11.94.

Sold Out: PG&E Corp (PCG)

Litespeed Management, L.L.C. sold out a holding in PG&E Corp. The sale prices were between $7.22 and $18.03, with an estimated average price of $13.29.



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