Fairpointe Capital 13F annual report
Fairpointe Capital is an investment fund managing more than $66.3 million ran by Tony Smith. There are currently 76 companies in Mr. Smith’s portfolio. The largest investments include Icad Inc and SeaWorld Entertainment Inc, together worth $11 million.
$66.3 million Assets Under Management (AUM)
As of 6th May 2021, Fairpointe Capital’s top holding is 273,976 shares of Icad Inc currently worth over $5.81 million and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of Icad Inc, Fairpointe Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 104,967 shares of SeaWorld Entertainment Inc worth $5.21 million, whose value grew 89.1% in the past six months.
The third-largest holding is Mattel worth $4.17 million and the next is Unifirst worth $2.69 million, with 12,000 shares owned.
Currently, Fairpointe Capital's portfolio is worth at least $66.3 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 Fairpointe Capital
The Fairpointe Capital office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Tony Smith serves as the Head Trader at Fairpointe Capital.
Recent trades
In the most recent 13F filing, Fairpointe Capital revealed that it had opened a new position in
Inotiv Inc and bought 50,331 shares worth $1.01 million.
The investment fund also strengthened its position in Marrone Bio Innovations Inc by buying
47,200 additional shares.
This makes their stake in Marrone Bio Innovations Inc total 661,100 shares worth $1.38 million.
Marrone Bio Innovations Inc soared 38.5% in the past year.
On the other hand, there are companies that Fairpointe Capital is getting rid of from its portfolio.
Fairpointe Capital closed its position in Cooper Tire & Rubber Co on 13th May 2021.
It sold the previously owned 354,794 shares for $14.4 million.
Tony Smith also disclosed a decreased stake in Icad Inc by 0.2%.
This leaves the value of the investment at $5.81 million and 273,976 shares.
One of the smallest hedge funds
The two most similar investment funds to Fairpointe Capital are Dougherty Wealth Advisers and Ariose Capital Management Ltd. They manage $66.3 million and $66.1 million respectively.
Tony Smith investment strategy
Fairpointe Capital’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 33.5% of
the total portfolio value.
The fund focuses on investments in the United States as
80.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
36% of the total holdings value.
On the other hand, small-cap stocks make up only 3.9% of the portfolio.
The average market cap of the portfolio companies is close to $43 billion.
The complete list of Fairpointe Capital trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| Cooper Tire & Rubber Co. |
Closed
354,794
|
$14,369,000 | |
| Varian Medical Systems, Inc. |
Closed
79,397
|
$13,895,000 | |
| Waters Corp. |
Closed
32,296
|
$7,990,000 | |
| Icad Inc |
21.33%
273,976
|
$5,814,000 | 8.77% |
| SeaWorld Entertainment Inc |
No change
104,967
|
$5,214,000 | 7.87% |
| Unisys Corp. |
Closed
224,999
|
$4,428,000 | |
| Mattel, Inc. |
81.49%
209,073
|
$4,165,000 | 6.28% |
| Whirlpool Corp. |
Closed
21,961
|
$3,963,000 | |
| Lions Gate Entertainment Corp. |
Closed
245,241
|
$2,788,000 | |
| Unifirst Corp. |
No change
12,000
|
$2,685,000 | 4.05% |
| PowerFleet Inc |
No change
271,971
|
$2,236,000 | 3.37% |
| Hexcel Corp. |
Closed
46,093
|
$2,235,000 | |
| Neogenomics Inc. |
No change
45,000
|
$2,170,000 | 3.27% |
| Lindblad Expeditions Holdings Inc |
19.06%
105,335
|
$1,991,000 | 3.00% |
| S&W Seed Co |
No change
488,405
|
$1,778,000 | 2.68% |
| Full House Resorts, Inc. |
11.20%
198,232
|
$1,687,000 | 2.55% |
| Marrone Bio Innovations Inc |
7.69%
661,100
|
$1,382,000 | 2.09% |
| Ranpak Holdings Corp |
No change
67,087
|
$1,346,000 | 2.03% |
| Renewable Energy Group Inc |
100.00%
20,000
|
$1,321,000 | 1.99% |
| TEGNA Inc |
96.49%
60,092
|
$1,132,000 | 1.71% |
| Akerna Corp. |
10.09%
218,223
|
$1,078,000 | 1.63% |
| Eyenovia Inc |
No change
209,526
|
$1,071,000 | 1.62% |
| Clarus Corp |
No change
61,294
|
$1,045,000 | 1.58% |
| Inotiv Inc |
Opened
50,331
|
$1,007,000 | 1.52% |
| Corning, Inc. |
95.97%
21,111
|
$919,000 | 1.39% |
| Meredith Corp. |
Closed
47,171
|
$906,000 | |
| Magna International Inc. |
96.04%
10,011
|
$881,000 | 1.33% |
| Audacy |
Opened
165,895
|
$871,000 | 1.31% |
| Adtalem Global Education Inc |
82.29%
21,160
|
$837,000 | 1.26% |
| Strategic Education Inc |
No change
9,000
|
$827,000 | 1.25% |
| Molson Coors Beverage Company |
93.46%
15,823
|
$810,000 | 1.22% |
| PLBY Group, Inc. |
Opened
40,200
|
$788,000 | 1.19% |
| Pentair plc |
95.42%
12,592
|
$785,000 | 1.18% |
| Akamai Technologies Inc |
95.04%
7,565
|
$771,000 | 1.16% |
| LKQ Corp |
95.35%
18,029
|
$763,000 | 1.15% |
| Danimer Scientific, Inc. |
Opened
20,000
|
$755,000 | 1.14% |
| Gilead Sciences, Inc. |
18.29%
11,619
|
$751,000 | 1.13% |
| Wabtec Corp |
95.05%
9,114
|
$722,000 | 1.09% |
| Quidel Corp. |
Opened
5,637
|
$721,000 | 1.09% |
| Western Digital Corp. |
93.47%
10,719
|
$716,000 | 1.08% |
| Quest Diagnostics, Inc. |
93.48%
5,494
|
$705,000 | 1.06% |
| Check Point Software Technolog |
95.26%
6,140
|
$688,000 | 1.04% |
| AquaBounty Technologies Inc |
Opened
97,500
|
$653,000 | 0.99% |
| Tenneco, Inc. |
Opened
60,000
|
$643,000 | 0.97% |
| Northern Trust Corp. |
96.78%
6,108
|
$642,000 | 0.97% |
| Donaldson Co. Inc. |
96.40%
10,412
|
$605,000 | 0.91% |
| Resmed Inc. |
94.18%
3,098
|
$601,000 | 0.91% |
| Scholastic Corp. |
94.41%
18,945
|
$570,000 | 0.86% |
| New York Times Co. |
95.44%
11,069
|
$560,000 | 0.84% |
| Agilent Technologies Inc. |
96.15%
4,157
|
$528,000 | 0.80% |
| Smith & Nephew |
90.91%
13,666
|
$518,000 | 0.78% |
| National Instruments Corp. |
94.19%
11,855
|
$512,000 | 0.77% |
| Juniper Networks Inc |
97.80%
19,482
|
$494,000 | 0.75% |
| Idacorp, Inc. |
Opened
4,597
|
$459,000 | 0.69% |
| Commercial Metals Co. |
16.38%
14,853
|
$458,000 | 0.69% |
| Raymond James Financial, Inc. |
97.73%
3,557
|
$436,000 | 0.66% |
| Entercom Communications Corp |
Closed
160,895
|
$397,000 | |
| Cars.com |
97.72%
30,613
|
$396,000 | 0.60% |
| Charles Schwab Corp. |
98.29%
5,999
|
$391,000 | 0.59% |
| Nokia Corp |
97.44%
92,199
|
$365,000 | 0.55% |
| Conmed Corp. |
0.33%
2,715
|
$355,000 | 0.54% |
| Qiagen NV |
Opened
7,247
|
$352,000 | 0.53% |
| Werner Enterprises, Inc. |
94.93%
7,284
|
$344,000 | 0.52% |
| Varex Imaging Corp |
96.38%
16,692
|
$342,000 | 0.52% |
| Casella Waste Systems, Inc. |
No change
5,258
|
$334,000 | 0.50% |
| Hormel Foods Corp. |
97.34%
6,916
|
$331,000 | 0.50% |
| Cincinnati Financial Corp. |
98.04%
3,030
|
$312,000 | 0.47% |
| Bristol-Myers Squibb Co. |
31.66%
4,945
|
$312,000 | 0.47% |
| Biogen Inc |
96.92%
1,104
|
$309,000 | 0.47% |
| Lear Corp. |
98.34%
1,674
|
$304,000 | 0.46% |
| Microsoft Corporation |
39.70%
1,285
|
$303,000 | 0.46% |
| Qualcomm, Inc. |
11.32%
2,256
|
$299,000 | 0.45% |
| Bunge Ltd. |
97.71%
3,669
|
$291,000 | 0.44% |
| Ovid Therapeutics Inc |
41.08%
71,700
|
$288,000 | 0.43% |
| Federal Signal Corp. |
0.42%
7,443
|
$285,000 | 0.43% |
| Perkin Elmer |
Opened
2,073
|
$266,000 | 0.40% |
| Motorola Solutions Inc |
0.43%
1,402
|
$264,000 | 0.40% |
| Jpmorgan Chase 6.1 Pfd |
Closed
10,000
|
$257,000 | |
| Yield10 Bioscience Inc |
Opened
20,000
|
$251,000 | 0.38% |
| Methode Electronics, Inc. |
0.42%
5,949
|
$250,000 | 0.38% |
| Cree, Inc. |
97.67%
2,255
|
$243,000 | 0.37% |
| Disney Walt Co |
47.02%
1,296
|
$239,000 | 0.36% |
| Republic Services, Inc. |
0.44%
2,277
|
$226,000 | 0.34% |
| Copa Holdings |
98.20%
2,757
|
$223,000 | 0.34% |
| Owens Corning |
Opened
2,245
|
$207,000 | 0.31% |
| Exicure Inc |
No change
38,000
|
$83,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 86 holdings | |||
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