Soapstone Management L.P. Top Holdings and 13F Report (2024)

About Soapstone Management L.P.

Soapstone Management L.P. has $179.16 million in total holdings as of March 31, 2024.
Soapstone Management L.P. owns shares of 16 different stocks, but just 10 companies or ETFs make up 80% of its holdings.
Approximately 9.56% of the portfolio was purchased this quarter.
About 25.95% of the portfolio was sold this quarter.
This quarter, Soapstone Management L.P. has purchased 19 new stocks and bought additional shares in 3 stocks.
Soapstone Management L.P. sold shares of 9 stocks and completely divested from 4 stocks this quarter.

Constellation Energy: 70,000 shares (about $12.94M)
Knife River: 86,957 shares (about $7.05M)
Equitable: 125,000 shares (about $4.75M)
Olin: 70,000 shares (about $4.12M)
Leidos: 25,700 shares (about $3.37M)

Selling

Neutral

Buying

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
CSTM Constellium	$20,451,750	$2,763,750 ▲	15.6%	925,000	11.4%	Industrial Products
LDOS Leidos	$19,663,500	$3,369,013 ▼	-14.6%	150,000	11.0%	Aerospace
KVUE Kenvue	$18,777,500	$536,500 ▲	2.9%	875,000	10.5%	Consumer Staples
ASAI Sendas Distribuidora	$14,780,000	$2,912,133 ▲	24.5%	1,000,000	8.2%	Consumer Discretionary
AMZN Amazon.com	$14,655,875	$1,803,800 ▼	-11.0%	81,250	8.2%	Retail/Wholesale
OLN Olin	$13,818,000	$4,116,000 ▼	-23.0%	235,000	7.7%	Basic Materials
KNF Knife River	$12,162,000	$7,050,474 ▼	-36.7%	150,000	6.8%	Construction
HDB HDFC Bank	$10,914,150	$10,914,150 ▲	New Holding	195,000	6.1%	Finance
BLDR Builders FirstSource	$10,427,500		0.0%	50,000	5.8%	Retail/Wholesale
JELD JELD-WEN	$9,411,259	$142,241 ▼	-1.5%	443,300	5.3%	Construction
CEG Constellation Energy	$9,242,500	$12,939,500 ▼	-58.3%	50,000	5.2%	Oils/Energy
VESTIS CORPORATION	$9,153,250		0.0%	475,000	5.1%	COM SHS
EQH Equitable	$7,600,000	$4,750,000 ▼	-38.5%	200,000	4.2%	Finance
CFG Citizens Financial Group	$3,629,000		0.0%	100,000	2.0%	Finance
NEOG Neogen	$2,662,875	$120,496 ▼	-4.3%	168,750	1.5%	Medical
SCHW Charles Schwab	$1,808,500	$904,250 ▼	-33.3%	25,000	1.0%	Finance
BALL Ball	$0	$5,752,000 ▼	-100.0%	0	0.0%	Industrial Products
DOOR Masonite International	$0	$2,645,625 ▼	-100.0%	0	0.0%	Construction
DMRC Digimarc	$0	$1,576,385 ▼	-100.0%	0	0.0%	Industrial Products
WK KELLOGG CO	$0	$1,314,000 ▼	-100.0%	0	0.0%	COM SHS