Kingstown Capital Management L.P. 13F annual report

Kingstown Capital Management L.P. is an investment fund managing more than $30.2 million ran by Michael Blitzer. There are currently 15 companies in Mr. Blitzer’s portfolio. The largest investments include Corazon Capital V838 Monocer and Bridgetown Holdings Ltd, together worth $5.17 million.

$30.2 million Assets Under Management (AUM)

As of 8th August 2022, Kingstown Capital Management L.P.’s top holding is 275,000 shares of Corazon Capital V838 Monocer currently worth over $2.69 million and making up 8.9% of the portfolio value. In addition, the fund holds 250,000 shares of Bridgetown Holdings Ltd worth $2.48 million. The third-largest holding is Ares Acquisition Corporation worth $2.46 million and the next is Constellation Acquisitn Corp worth $2.46 million, with 250,000 shares owned.

Currently, Kingstown Capital Management L.P.'s portfolio is worth at least $30.2 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 Kingstown Capital Management L.P.

The Kingstown Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Blitzer serves as the Managing Partner at Kingstown Capital Management L.P..

Recent trades



Michael Blitzer disclosed a decreased stake in Paysafe Limited by 0.5%. This leaves the value of the investment at $585 thousand and 300,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Kingstown Capital Management L.P. are Centerstar Fund and Certares Management. They manage $30.2 million and $30.5 million respectively.


Michael Blitzer investment strategy

Kingstown Capital Management L.P.’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Miscellaneous — making up 4.9% of the total portfolio value. The fund focuses on investments in the Unknown as 100.0% of the portfolio companies are based in the Unknown.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 7% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $0.

The complete list of Kingstown Capital Management L.P. trades based on 13F SEC filings

These positions were updated on August 15th 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
Corazon Capital V838 Monocer
No change
275,000
$2,690,000 8.92%
Bridgetown Holdings Ltd
No change
250,000
$2,480,000 8.22%
Ares Acquisition Corporation
No change
250,000
$2,458,000 8.15%
Constellation Acquisitn Corp
No change
250,000
$2,458,000 8.15%
Hamilton Lane Alliance Hldgs
No change
250,000
$2,455,000 8.14%
Frontier Acquisition Corp
No change
250,000
$2,453,000 8.13%
L Catterton Asia Acquisition
No change
250,000
$2,450,000 8.12%
Tribe Capital Growth Corp I
No change
250,000
$2,448,000 8.12%
Kkr Acquisition Holding I Co
No change
250,000
$2,448,000 8.12%
Rocket Internet Grwt Oprt Co
No change
250,000
$2,445,000 8.11%
Austerlitz Acquisition Corp
No change
250,000
$2,438,000 8.08%
Atlas Crest Investment Corp.
No change
150,000
$1,472,000 4.88%
Ast Spacemobile Inc
No change
125,000
$785,000 2.60%
Paysafe Limited
46.43%
300,000
$585,000 1.94%
Bark Inc
No change
75,000
$96,000 0.32%
No transactions found
Showing first 500 out of 15 holdings