Sabrepoint Capital, run by George Baxter in Dallas, is a hedge fund dedicated to outperforming the market. To be a successful investor, he says, you must have a distinct advantage over your competitors. Structure, information, and analysis are the three main types. From its inception in August 2016 through March 2020, Sabrepoint Capital Partners, LP saw a 12.48 percent compound annual return. Value arbitrage is the fund’s primary investment strategy. As of March 2021, it was overseeing $476 million in assets.
Insider Monkey checks out the 10 value arbitrage Stocks Sabrepoint Capital is buying. Tobacco-free tobacco, rolling papers, and a wide range of vaping products are all made by Turning Point Brands, Inc. As of late 2017, Sabrepoint Capital had been a shareholder. Investors appear to be focusing too much on TPB’s weakest division, according to Maran Capital Management. Between the second half of 2020 and the third quarter of 2021, the share price of Live Nation Entertainment, Inc. nearly doubled. Ten concertgoers were killed in a stampede at one of the company’s festivals in November, bringing the tragedy to a close for the concert promoter. Fiserv, Inc. was added to Sabrepoint Capital’s 13F portfolio during the third quarter of 2015. They believe that their technology will allow them to continue to grow at a rate above the market for many years to come. The size of Sabrepoint Capital’s 1Life Healthcare, Inc. position nearly quadrupled in the third quarter. Since the company’s initial public offering in the first quarter of 2020, hedge fund ownership of the primary care provider has risen six consecutive quarters. During the third quarter, Sabrepoint Capital purchased an additional 20,000 shares of Spotify Technology S.A. Spotify’s long-term prospects remain positive, according to Baron Funds. Over the next few years, the fund expects the company’s subscriptions to grow to 250 million. For more details, click the 10 Value Arbitrage Stocks Sabrepoint Capital Is Buying.