Shoals Capital Management LP Buys W.P. Carey Inc, Cousins Properties Inc, Great Ajax Corp, Sells Investors Bancorp Inc, BankUnited Inc, MGIC Investment Corp

• New Purchases: WPC, CUZ, CLNY, QTS,
• Added Positions: AJX,
• Reduced Positions: CCS, ESNT, NRE, RWT, OPB, JCAP,
• Sold Out: ISBC, BKU, MTG, TCBI, LEN, BANC, MSBI, MFNC,

For the details of Shoals Capital Management LP's stock buys and sells, go to https://www.gurufocus.com/guru/shoals+capital+management+lp/current-portfolio/portfolio

1. Century Communities Inc (CCS) - 800,000 shares, 17.66% of the total portfolio. Shares reduced by 44.64%
2. NorthStar Realty Europe Corp (NRE) - 1,037,961 shares, 16.59% of the total portfolio. Shares reduced by 31.37%
3. Redwood Trust Inc (RWT) - 950,000 shares, 14.13% of the total portfolio. Shares reduced by 22.45%
4. Essent Group Ltd (ESNT) - 290,000 shares, 11.60% of the total portfolio. Shares reduced by 52.65%
5. Jernigan Capital Inc (JCAP) - 425,000 shares, 8.23% of the total portfolio. Shares reduced by 26.09%

Shoals Capital Management LP initiated holding in W.P. Carey Inc. The purchase prices were between $64.14 and $78.88, with an estimated average price of $73.39. The stock is now traded at around $79.66. The impact to a portfolio due to this purchase was 7.21%. The holding were 100,000 shares as of .

Shoals Capital Management LP initiated holding in Cousins Properties Inc. The purchase prices were between $7.72 and $10.04, with an estimated average price of $9.12. The stock is now traded at around $9.30. The impact to a portfolio due to this purchase was 6.67%. The holding were 750,000 shares as of .

Shoals Capital Management LP initiated holding in Colony Capital Inc. The purchase prices were between $4.68 and $6.15, with an estimated average price of $5.57. The stock is now traded at around $5.14. The impact to a portfolio due to this purchase was 2.61%. The holding were 3,000,000 shares as of .

Shoals Capital Management LP initiated holding in QTS Realty Trust Inc. The purchase prices were between $35.22 and $44.99, with an estimated average price of $41.72. The stock is now traded at around $45.30. The impact to a portfolio due to this purchase was 1.25%. The holding were 12,500 shares as of .

Shoals Capital Management LP added to a holding in Great Ajax Corp by 109.30%. The purchase prices were between $12.05 and $13.74, with an estimated average price of $13.05. The stock is now traded at around $14.15. The impact to a portfolio due to this purchase was 2.97%. The holding were 450,000 shares as of .

Shoals Capital Management LP sold out a holding in Investors Bancorp Inc. The sale prices were between $10.4 and $12.82, with an estimated average price of $12.04.

Shoals Capital Management LP sold out a holding in BankUnited Inc. The sale prices were between $29.94 and $36.96, with an estimated average price of $34.42.

Shoals Capital Management LP sold out a holding in MGIC Investment Corp. The sale prices were between $10.46 and $13.48, with an estimated average price of $12.42.

Shoals Capital Management LP sold out a holding in Texas Capital Bancshares Inc. The sale prices were between $51.09 and $61.95, with an estimated average price of $57.88.

Shoals Capital Management LP sold out a holding in Lennar Corp. The sale prices were between $39.15 and $51.67, with an estimated average price of $46.62.

Shoals Capital Management LP sold out a holding in Banc of California Inc. The sale prices were between $13.25 and $17.5, with an estimated average price of $14.92.