Corre Partners Management 13F annual report

Corre Partners Management is an investment fund managing more than $34.2 billion ran by Micah Spiegel. There are currently 3 companies in Mr. Spiegel’s portfolio. The largest investments include NN Inc and Team, together worth $33.7 billion.

$34.2 billion Assets Under Management (AUM)

As of 6th August 2024, Corre Partners Management’s top holding is 6,633,261 shares of NN Inc currently worth over $19.9 billion and making up 58.2% of the portfolio value. Relative to the number of outstanding shares of NN Inc, Corre Partners Management owns more than 0.1% of the company. In addition, the fund holds 1,559,520 shares of Team worth $13.8 billion, whose value grew 46.1% in the past six months. The third-largest holding is Marcus worth $435 million.

Currently, Corre Partners Management's portfolio is worth at least $34.2 billion. 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.

Careers at Corre Partners Management

The Corre Partners Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Micah Spiegel serves as the Chief Financial Officer at Corre Partners Management.

Recent trades

In the most recent 13F filing, Corre Partners Management revealed that it had increased its stake in Team and bought 17,153 additional shares worth around $171 thousand. This means they effectively own 0.4% of the company. Team makes up 41.0% of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.

One of the smallest hedge funds

The two most similar investment funds to Corre Partners Management are Swedbank and Corundum Trust , Inc. They manage $34.1 billion and $34.4 billion respectively.

Micah Spiegel investment strategy

Corre Partners Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Industrials — making up 98.7% of the total portfolio value. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 67% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $195 million.

The complete list of Corre Partners Management trades based on 13F SEC filings

These positions were updated on August 13th 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
NN Inc	No change 6,633,261	$19,899,783,000	58.21%
Team, Inc.	1.11% 1,559,520	$13,848,538,000	40.51%
Marcus Corp.	No change 38,270	$435,130,000	1.27%
No transactions found
Showing first 500 out of 3 holdings