Snow Park Capital Partners, L.P. 13F annual report

Snow Park Capital Partners, L.P. is an investment fund managing more than $2.37 million ran by Jeffrey Pierce. There are currently 6 companies in Mr. Pierce’s portfolio. The largest investments include Altisource Asset Mgmt Corp and Spirit Mta Reit, together worth $1.66 million.

$2.37 million Assets Under Management (AUM)

As of 7th October 2020, Snow Park Capital Partners, L.P.’s top holding is 96,936 shares of Altisource Asset Mgmt Corp currently worth over $904 thousand and making up 38.2% of the portfolio value. In addition, the fund holds 90,000 shares of Spirit Mta Reit worth $760 thousand. The third-largest holding is Ashford Hospitality Tr Inc worth $289 thousand and the next is Ashford worth $206 thousand, with 8,500 shares owned.

Currently, Snow Park Capital Partners, L.P.'s portfolio is worth at least $2.37 million. 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 Snow Park Capital Partners, L.P.

The Snow Park Capital Partners, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jeffrey Pierce serves as the Managing Partner at Snow Park Capital Partners, L.P..

Recent trades

In the most recent 13F filing, Snow Park Capital Partners, L.P. revealed that it had opened a new position in Ashford Hospitality Tr Inc and bought 87,353 shares worth $289 thousand.

The investment fund also strengthened its position in Altisource Asset Mgmt Corp by buying 23,535 additional shares. This makes their stake in Altisource Asset Mgmt Corp total 96,936 shares worth $904 thousand.

On the other hand, there are companies that Snow Park Capital Partners, L.P. is getting rid of from its portfolio. Snow Park Capital Partners, L.P. closed its position in Front Yard Residential on 14th November 2019. It sold the previously owned 523,922 shares for $6.4 million. Jeffrey Pierce also disclosed a decreased stake in Spirit Mta Reit by 0.2%. This leaves the value of the investment at $760 thousand and 90,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Snow Park Capital Partners, L.P. are Yt Extraction Co Investment Partners, L.P. and Scepter. They manage $2.46 million and $2.57 million respectively.

Jeffrey Pierce investment strategy

Snow Park Capital Partners, L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Finance — making up 8.7% of the total portfolio value. The fund focuses on investments in the United States as 33.3% 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 33% 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 $50.7 million.

The complete list of Snow Park Capital Partners, L.P. trades based on 13F SEC filings

These positions were updated on November 14th 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
Front Yard Residential Corp.	Closed 523,922	$6,402,000
Altisource Asset Mgmt Corp	32.06% 96,936	$904,000	38.16%
Spirit Mta Reit	18.18% 90,000	$760,000	32.08%
Zayo Group Hldgs Inc	Closed 22,100	$727,000
Retail Value, Inc.	Closed 11,956	$416,000
Columbia Ppty Tr Inc	Closed 15,400	$319,000
Wheeler Real Estate Invt Tr	Closed 20,000	$301,000
Ashford Hospitality Tr Inc	Opened 87,353	$289,000	12.20%
Wyndham Hotels & Resorts, Inc.	Closed 5,000	$279,000
Ashford, Inc.	Opened 8,500	$206,000	8.70%
The New Home Co., Inc.	17.17% 37,372	$163,000	6.88%
Babcock & Wilcox Enterpris I	Closed 150,000	$51,000
Cbl & Assoc Pptys Inc	Opened 36,500	$47,000	1.98%
No transactions found
Showing first 500 out of 13 holdings