AI Portfolio Summary
In 2025 Q4, FIRST SABREPOINT CAPITAL MANAGEMENT LP maintained a portfolio of 47 distinct positions. The most significant new addition to the portfolio was ADTALEM GLOBAL ED IN, which now represents 5.39% of the total fund value. Conversely, FIRST SABREPOINT CAPITAL MANAGEMENT LP completely exited their position in MID-AMER APT CMNTYS .
Total Positions
47
Quarter
2025 Q4
Top Holding
TPB (16.7%)
Top 10 Concentration
66.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 47
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
TPB
TURNING PT BRAN...
|
Consumer Defensive | 16.73% | 12.52% |
#1
Prev: #1
|
7.0 | no change | no change |
P
S
|
400,000 | $43,360,000 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FCFS
FIRSTCASH HOLDI...
|
Financial Services | 11.99% | 10.03% |
#2
Prev: #2
|
6.0 | -5,000 | -2.5% |
P
S
|
195,000 | $31,079,100 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LAUR
LAUREATE EDUCAT...
|
Consumer Defensive | 6.50% | 7.99% |
#3
Prev: #3
|
3.6 | -300,000 | -37.5% |
P
S
|
500,000 | $16,835,000 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVCO
CAVCO INDS INC ...
|
Consumer Cyclical | 6.15% | 6.43% |
#4
1
Prev: #5
|
3.0 | -8,000 | -22.9% |
P
S
|
27,000 | $15,949,980 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ATGE
ADTALEM GLOBAL ...
|
Consumer Defensive | 5.39% | — |
#5
Prev: #—
|
6.2 | 135,000 | no change |
NEW
|
135,000 | $13,968,450 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 4.67% | 5.74% |
#6
Prev: #6
|
1.9 | -10,000 | -28.6% |
P
S
|
25,000 | $12,090,500 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMRZ
AMRIZE LTD
|
Basic Materials | 4.17% | 4.15% |
#7
2
Prev: #9
|
1.7 | -70,000 | -25.9% |
P
S
|
200,000 | $10,816,000 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AZO
AUTOZONE INC
|
Consumer Cyclical | 3.93% | 2.51% |
#8
4
Prev: #12
|
4.6 | 1,150 | 62.2% |
P
S
|
3,000 | $10,174,500 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
CALL
TURNING PT BRAN...
|
—
|
CALL Option | 3.64% | 6.49% |
#9
5
Prev: #4
|
1.5 | -120,300 | -58.0% |
P
S
|
87,000 | $9,430,800 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
STRL
STERLING INFRAS...
|
Industrials | 3.55% | 4.52% |
#10
2
Prev: #8
|
1.4 | -12,000 | -28.6% |
P
S
|
30,000 | $9,186,900 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTI
BRITISH AMERN T...
|
Consumer Defensive | 3.28% | 5.21% |
#11
4
Prev: #7
|
1.3 | -160,000 | -51.6% |
P
S
|
150,000 | $8,493,000 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LOPE
GRAND CANYON ED...
|
Consumer Defensive | 3.21% | 2.08% |
#12
4
Prev: #16
|
4.3 | 20,000 | 66.7% |
P
S
|
50,000 | $8,315,500 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AGM
FEDERAL AGRIC M...
|
Financial Services | 3.01% | — |
#13
Prev: #—
|
4.7 | 44,500 | no change |
NEW
|
44,500 | $7,812,865 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HAS
HASBRO INC
|
Consumer Cyclical | 3.00% | 3.36% |
#14
4
Prev: #10
|
1.2 | -45,235 | -32.3% |
P
S
|
94,765 | $7,770,730 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NPKI
NPK INTERNATION...
|
Energy | 2.99% | — |
#15
Prev: #—
|
4.7 | 650,000 | no change |
NEW
|
650,000 | $7,748,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EEFT
EURONET WORLDWI...
|
Technology | 2.97% | — |
#16
Prev: #—
|
4.7 | 101,155 | no change |
NEW
|
101,155 | $7,698,907 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PGNY
PROGYNY INC
|
Healthcare | 2.48% | 2.38% |
#17
2
Prev: #15
|
1.0 | -100,000 | -28.6% |
P
S
|
250,000 | $6,420,000 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TFIN
TRIUMPH FINANCI...
|
Financial Services | 2.17% | — |
#18
Prev: #—
|
4.4 | 89,692 | no change |
NEW
|
89,692 | $5,617,410 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EGY
VAALCO ENERGY I...
|
Energy | 2.12% | 2.42% |
#19
5
Prev: #14
|
0.8 | -390,000 | -20.5% |
P
S
|
1,510,000 | $5,496,400 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GBFH
GBANK FINL HLDG...
|
Financial Services | 1.44% | — |
#20
Prev: #—
|
4.1 | 110,000 | no change |
NEW
|
110,000 | $3,727,900 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BLD
TOPBUILD CORP
|
Industrials | 1.29% | 0.99% |
#21
5
Prev: #26
|
1.5 | no change | no change |
P
S
|
8,000 | $3,337,520 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTU
PEABODY ENERGY ...
|
Energy | 1.15% | — |
#22
Prev: #—
|
4.0 | 100,000 | no change |
NEW
|
100,000 | $2,970,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
CALL
EURONET WORLDWI...
|
—
|
CALL Option | 0.88% | — |
#23
Prev: #—
|
3.9 | 30,000 | no change |
NEW
|
30,000 | $2,283,300 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
AST SPACEMOBILE...
|
—
|
PUT Option | 0.84% | 0.92% |
#24
3
Prev: #27
|
0.3 | -29,000 | -49.2% |
P
S
|
30,000 | $2,178,900 | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
WD
WALKER & DUNLOP...
|
Financial Services | 0.70% | 3.18% |
#25
14
Prev: #11
|
0.3 | -90,000 | -75.0% |
P
S
|
30,000 | $1,804,500 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MAA
MID-AMER APT CM...
|
Real Estate | 0.00% | 2.43% |
Sold All 😨
(Was: #13) |
0.0 | -55,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PUT
CARVANA CO
|
—
|
PUT Option | 0.00% | 1.79% |
Sold All 😨
(Was: #17) |
0.0 | -15,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
GRBK
GREEN BRICK PAR...
|
Consumer Cyclical | 0.00% | 1.64% |
Sold All 😨
(Was: #18) |
0.0 | -70,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PUT
JOBY AVIATION I...
|
—
|
PUT Option | 0.00% | 1.30% |
Sold All 😨
(Was: #19) |
0.0 | -255,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
IONQ INC
|
—
|
PUT Option | 0.00% | 1.27% |
Sold All 😨
(Was: #20) |
0.0 | -65,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
SOLAREDGE TECHN...
|
—
|
PUT Option | 0.00% | 1.23% |
Sold All 😨
(Was: #21) |
0.0 | -105,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
QUANTUMSCAPE CO...
|
—
|
PUT Option | 0.00% | 1.23% |
Sold All 😨
(Was: #22) |
0.0 | -315,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
PALANTIR TECHNO...
|
—
|
PUT Option | 0.00% | 1.15% |
Sold All 😨
(Was: #23) |
0.0 | -20,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
RIGETTI COMPUTI...
|
—
|
PUT Option | 0.00% | 1.04% |
Sold All 😨
(Was: #24) |
0.0 | -110,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
OPRA
OPERA LTD
|
Communication Services | 0.00% | 0.85% |
Sold All 😨
(Was: #28) |
0.0 | -130,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PUT
AEROVIRONMENT I...
|
—
|
PUT Option | 0.00% | 0.85% |
Sold All 😨
(Was: #29) |
0.0 | -8,500 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
D-WAVE QUANTUM ...
|
—
|
PUT Option | 0.00% | 0.70% |
Sold All 😨
(Was: #30) |
0.0 | -90,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
DIGITAL RLTY TR...
|
—
|
PUT Option | 0.00% | 0.55% |
Sold All 😨
(Was: #32) |
0.0 | -10,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
VIASAT INC
|
—
|
PUT Option | 0.00% | 0.47% |
Sold All 😨
(Was: #33) |
0.0 | -51,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
BIGBEAR AI HLDG...
|
—
|
PUT Option | 0.00% | 0.43% |
Sold All 😨
(Was: #34) |
0.0 | -210,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
WINGSTOP INC
|
—
|
PUT Option | 0.00% | 0.28% |
Sold All 😨
(Was: #35) |
0.0 | -3,500 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
AEVA TECHNOLOGI...
|
—
|
PUT Option | 0.00% | 0.14% |
Sold All 😨
(Was: #36) |
0.0 | -30,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
PUT
QUANTUM COMPUTI...
|
—
|
PUT Option | 0.00% | 0.12% |
Sold All 😨
(Was: #37) |
0.0 | -20,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 47 holdings