Filed: 8/14/2025ACC: 0001731530-25-000006
📋 What this filing means
FIRST SABREPOINT CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 35 equity positions with a total reported market value of $280.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
35
Positions
$280.63M
Total AUM (reported)
6.46M
Total Shares
Allocation by class
COM$171.89M61.3%
CALL$37.61M13.4%
COMMON STOCK$21.04M7.5%
SPONSORED ADR$16.57M5.9%
COM NEW$11.90M4.2%
PUT$9.34M3.3%
SH BEN INT$7.32M2.6%
Portfolio Concentration
Top 3$91.26M32.5%
4–10$105.82M37.7%
11–25$76.55M27.3%
Rest$7.00M2.5%
Top 3 weight
32.5%
Top 10 weight
70.2%
Voting Authority Distribution
Total shares with voting rights: 6.46M
Sole
Full voting authority
6.46M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole35
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings35
Rows:
TURNING PT BRANDS INC
SOLEShares447.70K
TypeSH
Market value$33.92M
12.09%
Sole
447.70K
Shared
0.00
None
0.00
TURNING PT BRANDS INC
SOLEShares400K
TypeSH
Market value$30.31M
10.80%
Sole
400K
Shared
0.00
None
0.00
FIRSTCASH HOLDINGS INC
SOLEShares200K
TypeSH
Market value$27.03M
9.63%
Sole
200K
Shared
0.00
None
0.00
LAUREATE EDUCATION INC
SOLEShares900K
TypeSH
Market value$21.04M
7.50%
Sole
900K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares35K
TypeSH
Market value$17.41M
6.20%
Sole
35K
Shared
0.00
None
0.00
BRITISH AMERN TOB PLC
SOLEShares350K
TypeSH
Market value$16.57M
5.90%
Sole
350K
Shared
0.00
None
0.00
HASBRO INC
SOLEShares205K
TypeSH
Market value$15.13M
5.39%
Sole
205K
Shared
0.00
None
0.00
CAVCO INDS INC DEL
SOLEShares30K
TypeSH
Market value$13.03M
4.64%
Sole
30K
Shared
0.00
None
0.00
STERLING INFRASTRUCTURE INC
SOLEShares50K
TypeSH
Market value$11.54M
4.11%
Sole
50K
Shared
0.00
None
0.00
MID-AMER APT CMNTYS INC
SOLEShares75K
TypeSH
Market value$11.10M
3.96%
Sole
75K
Shared
0.00
None
0.00
WALKER & DUNLOP INC
SOLEShares117K
TypeSH
Market value$8.25M
2.94%
Sole
117K
Shared
0.00
None
0.00
GRAND CANYON ED INC
SOLEShares40K
TypeSH
Market value$7.56M
2.69%
Sole
40K
Shared
0.00
None
0.00
CAMDEN PPTY TR
SOLEShares65K
TypeSH
Market value$7.32M
2.61%
Sole
65K
Shared
0.00
None
0.00
VAALCO ENERGY INC
SOLEShares2M
TypeSH
Market value$7.22M
2.57%
Sole
2M
Shared
0.00
None
0.00
AUTOZONE INC
SOLEShares1.85K
TypeSH
Market value$6.87M
2.45%
Sole
1.85K
Shared
0.00
None
0.00
BLACKLINE INC
SOLEShares100K
TypeSH
Market value$5.66M
2.02%
Sole
100K
Shared
0.00
None
0.00
PROGYNY INC
SOLEShares230K
TypeSH
Market value$5.06M
1.80%
Sole
230K
Shared
0.00
None
0.00
GREEN BRICK PARTNERS INC
SOLEShares79.68K
TypeSH
Market value$5.01M
1.79%
Sole
79.68K
Shared
0.00
None
0.00
AMRIZE LTD
SOLEShares100K
TypeSH
Market value$4.96M
1.77%
Sole
100K
Shared
0.00
None
0.00
ATLAS ENERGY SOLUTIONS INC
SOLEShares350K
TypeSH
Market value$4.68M
1.67%
Sole
350K
Shared
0.00
None
0.00
HASBRO INC
SOLEShares50K
TypeSH
Market value$3.69M
1.32%
Sole
50K
Shared
0.00
None
0.00
NVR INC
SOLEShares370.00
TypeSH
Market value$2.73M
0.97%
Sole
370.00
Shared
0.00
None
0.00
TOPBUILD CORP
SOLEShares8K
TypeSH
Market value$2.59M
0.92%
Sole
8K
Shared
0.00
None
0.00
GOGO INC
SOLEShares170K
TypeSH
Market value$2.50M
0.89%
Sole
170K
Shared
0.00
None
0.00
AEVA TECHNOLOGIES INC
SOLEShares65K
TypeSH
Market value$2.46M
0.88%
Sole
65K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TURNING PT BRANDS INCSOLE | CALL | 447.70K | SH | $33.92M 12.09% | 447.70K | 0.00 | 0.00 |
TURNING PT BRANDS INCSOLE | COM | 400K | SH | $30.31M 10.80% | 400K | 0.00 | 0.00 |
FIRSTCASH HOLDINGS INCSOLE | COM | 200K | SH | $27.03M 9.63% | 200K | 0.00 | 0.00 |
LAUREATE EDUCATION INCSOLE | COMMON STOCK | 900K | SH | $21.04M 7.50% | 900K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 35K | SH | $17.41M 6.20% | 35K | 0.00 | 0.00 |
BRITISH AMERN TOB PLCSOLE | SPONSORED ADR | 350K | SH | $16.57M 5.90% | 350K | 0.00 | 0.00 |
HASBRO INCSOLE | COM | 205K | SH | $15.13M 5.39% | 205K | 0.00 | 0.00 |
CAVCO INDS INC DELSOLE | COM | 30K | SH | $13.03M 4.64% | 30K | 0.00 | 0.00 |
STERLING INFRASTRUCTURE INCSOLE | COM | 50K | SH | $11.54M 4.11% | 50K | 0.00 | 0.00 |
MID-AMER APT CMNTYS INCSOLE | COM | 75K | SH | $11.10M 3.96% | 75K | 0.00 | 0.00 |
WALKER & DUNLOP INCSOLE | COM | 117K | SH | $8.25M 2.94% | 117K | 0.00 | 0.00 |
GRAND CANYON ED INCSOLE | COM | 40K | SH | $7.56M 2.69% | 40K | 0.00 | 0.00 |
CAMDEN PPTY TRSOLE | SH BEN INT | 65K | SH | $7.32M 2.61% | 65K | 0.00 | 0.00 |
VAALCO ENERGY INCSOLE | COM NEW | 2M | SH | $7.22M 2.57% | 2M | 0.00 | 0.00 |
AUTOZONE INCSOLE | COM | 1.85K | SH | $6.87M 2.45% | 1.85K | 0.00 | 0.00 |
BLACKLINE INCSOLE | COM | 100K | SH | $5.66M 2.02% | 100K | 0.00 | 0.00 |
PROGYNY INCSOLE | COM | 230K | SH | $5.06M 1.80% | 230K | 0.00 | 0.00 |
GREEN BRICK PARTNERS INCSOLE | COM | 79.68K | SH | $5.01M 1.79% | 79.68K | 0.00 | 0.00 |
AMRIZE LTDSOLE | SHS | 100K | SH | $4.96M 1.77% | 100K | 0.00 | 0.00 |
ATLAS ENERGY SOLUTIONS INCSOLE | COM NEW | 350K | SH | $4.68M 1.67% | 350K | 0.00 | 0.00 |
HASBRO INCSOLE | CALL | 50K | SH | $3.69M 1.32% | 50K | 0.00 | 0.00 |
NVR INCSOLE | COM | 370.00 | SH | $2.73M 0.97% | 370.00 | 0.00 | 0.00 |
TOPBUILD CORPSOLE | COM | 8K | SH | $2.59M 0.92% | 8K | 0.00 | 0.00 |
GOGO INCSOLE | COM | 170K | SH | $2.50M 0.89% | 170K | 0.00 | 0.00 |
AEVA TECHNOLOGIES INCSOLE | PUT | 65K | SH | $2.46M 0.88% | 65K | 0.00 | 0.00 |
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