Mark Travis co-founded Intrepid Capital Management. In 1994, he founded the company alongside his father, Forrest Travis. They left a well-known brokerage firm to launch their own business. Intrepid Capital Management manages $189.3 million in managed securities and $419.7 million in assets under management. Skechers U.S.A., Inc. is the largest stock in Mark Travis’s investing portfolio, accounting for 5.22 percent of his total.
Insider Monkey takes a look at Mark Travis’s Intrepid Capital Management’s top 10 stock picks. SP Plus Corporation is owned by Intrepid Capital Management, which owns 151,806 shares worth $4.64 million, or 2.45 percent of the firm’s portfolio at the end of June. The company’s revenue for the quarter was $161.60 million, which was $11.38 million higher than expected. Intrepid Capital Management’s #1 stock pick is Twitter, Inc. Travis’s Q2 portfolio includes 2.50 percent of this social networking platform. Daniel Salmon of BMO Capital has decreased his price target from $70 to $65. Turning Point Brands, Inc. is owned by Intrepid Capital Management, which has 108,139 shares worth $4.95 million. Zig-Zag, Stoker’s, Beech-Nut, and Trophy are just a few of the company’s products. The third-largest discount retailer in the United States is Burlington Stores, Inc. Intrepid Capital Management owns 15,468 shares worth $4.98 million, or 2.63 percent of the firm’s 13F portfolio, as of June this year. Jefferies Financial Group Inc. is owned by Intrepid Capital Management, which holds 148,980 shares worth approximately $5 million. Earnings for the third quarter came in at $1.50, above experts’ expectations by $0.50. 29 hedge funds tracked by Insider Monkey were positive on JEF at the end of June. For more details, click Top 10 Stock Picks Of Mark Travis’s Intrepid Capital Management.