Axar Capital Management L.p. Buys Independence Contract Drilling Inc, Stage Stores Inc, Sells Five Star Senior Living Inc

Investment company Axar Capital Management L.p. buys Independence Contract Drilling Inc, Stage Stores Inc, sells Five Star Senior Living Inc during the 3-months ended 2018Q4, according to the most recent filings of the investment company, Axar Capital Management L.p.. As of 2018Q4, Axar Capital Management L.p. owns 6 stocks with a total value of $334 million. These are the details of the buys and sells.

For the details of AXAR CAPITAL MANAGEMENT L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/axar+capital+management+l.p./current-portfolio/portfolio

These are the top 5 holdings of AXAR CAPITAL MANAGEMENT L.P.
  1. SPDR S&P 500 (SPY) - 1,220,000 shares, 91.31% of the total portfolio.
  2. Stonemor Partners LP (STON) - 7,384,970 shares, 4.64% of the total portfolio. Shares added by 7.35%
  3. Patterson-UTI Energy Inc (PTEN) - 730,000 shares, 2.26% of the total portfolio.
  4. Independence Contract Drilling Inc (ICD) - 969,662 shares, 0.91% of the total portfolio. New Position
  5. Stage Stores Inc (SSI) - 3,700,000 shares, 0.82% of the total portfolio. Shares added by 60.87%
New Purchase: Independence Contract Drilling Inc (ICD)

Axar Capital Management L.p. initiated holding in Independence Contract Drilling Inc. The purchase prices were between $2.8 and $5, with an estimated average price of $3.72. The stock is now traded at around $3.29. The impact to a portfolio due to this purchase was 0.91%. The holding were 969,662 shares as of .

Added: Stage Stores Inc (SSI)

Axar Capital Management L.p. added to a holding in Stage Stores Inc by 60.87%. The purchase prices were between $0.74 and $1.9, with an estimated average price of $1.55. The stock is now traded at around $1.09. The impact to a portfolio due to this purchase was 0.31%. The holding were 3,700,000 shares as of .

Sold Out: Five Star Senior Living Inc (FVE)

Axar Capital Management L.p. sold out a holding in Five Star Senior Living Inc. The sale prices were between $0.32 and $0.95, with an estimated average price of $0.57.



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