Filed: 2/13/2026ACC: 0001731530-26-000002
📋 What this filing means
FIRST SABREPOINT CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $259.15M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
29
Positions
$259.15M
Total AUM (reported)
6.45M
Total Shares
Allocation by class
COM$184.67M71.3%
COMMON STOCK$18.15M7.0%
CALL$11.71M4.5%
SHS$10.82M4.2%
SPONSORED ADR$8.49M3.3%
CL C$7.81M3.0%
COM SHS$7.75M3.0%
Portfolio Concentration
Top 3$91.27M35.2%
4–10$81.62M31.5%
11–25$81.67M31.5%
Rest$4.58M1.8%
Top 3 weight
35.2%
Top 10 weight
66.7%
Voting Authority Distribution
Total shares with voting rights: 6.45M
Sole
Full voting authority
6.07M
shares
% of voting shares94.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
377.60K
shares
% of voting shares5.9%
Investment Discretion (by position count)
Sole29
Shared0
Other0
Dominant voting typeSole · 94.1% of voting shares
Institutional Holdings29
Rows:
TURNING PT BRANDS INC
SOLEShares400K
TypeSH
Market value$43.36M
16.73%
Sole
400K
Shared
0.00
None
0.00
FIRSTCASH HOLDINGS INC
SOLEShares195K
TypeSH
Market value$31.08M
11.99%
Sole
195K
Shared
0.00
None
0.00
LAUREATE EDUCATION INC
SOLEShares500K
TypeSH
Market value$16.84M
6.50%
Sole
500K
Shared
0.00
None
0.00
CAVCO INDS INC DEL
SOLEShares27K
TypeSH
Market value$15.95M
6.15%
Sole
27K
Shared
0.00
None
0.00
ADTALEM GLOBAL ED INC
SOLEShares135K
TypeSH
Market value$13.97M
5.39%
Sole
135K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares25K
TypeSH
Market value$12.09M
4.67%
Sole
25K
Shared
0.00
None
0.00
AMRIZE LTD
SOLEShares200K
TypeSH
Market value$10.82M
4.17%
Sole
200K
Shared
0.00
None
0.00
AUTOZONE INC
SOLEShares3K
TypeSH
Market value$10.17M
3.93%
Sole
3K
Shared
0.00
None
0.00
TURNING PT BRANDS INC
SOLEShares87K
TypeSH
Market value$9.43M
3.64%
Sole
0.00
Shared
0.00
None
87K
STERLING INFRASTRUCTURE INC
SOLEShares30K
TypeSH
Market value$9.19M
3.55%
Sole
30K
Shared
0.00
None
0.00
BRITISH AMERN TOB PLC
SOLEShares150K
TypeSH
Market value$8.49M
3.28%
Sole
150K
Shared
0.00
None
0.00
GRAND CANYON ED INC
SOLEShares50K
TypeSH
Market value$8.32M
3.21%
Sole
50K
Shared
0.00
None
0.00
FEDERAL AGRIC MTG CORP
SOLEShares44.50K
TypeSH
Market value$7.81M
3.01%
Sole
44.50K
Shared
0.00
None
0.00
HASBRO INC
SOLEShares94.77K
TypeSH
Market value$7.77M
3.00%
Sole
94.77K
Shared
0.00
None
0.00
NPK INTERNATIONAL INC
SOLEShares650K
TypeSH
Market value$7.75M
2.99%
Sole
650K
Shared
0.00
None
0.00
EURONET WORLDWIDE INC
SOLEShares101.16K
TypeSH
Market value$7.70M
2.97%
Sole
101.16K
Shared
0.00
None
0.00
PROGYNY INC
SOLEShares250K
TypeSH
Market value$6.42M
2.48%
Sole
250K
Shared
0.00
None
0.00
TRIUMPH FINANCIAL INC
SOLEShares89.69K
TypeSH
Market value$5.62M
2.17%
Sole
89.69K
Shared
0.00
None
0.00
VAALCO ENERGY INC
SOLEShares1.51M
TypeSH
Market value$5.50M
2.12%
Sole
1.51M
Shared
0.00
None
0.00
GBANK FINL HLDGS INC
SOLEShares110K
TypeSH
Market value$3.73M
1.44%
Sole
110K
Shared
0.00
None
0.00
TOPBUILD CORP
SOLEShares8K
TypeSH
Market value$3.34M
1.29%
Sole
8K
Shared
0.00
None
0.00
PEABODY ENERGY CORP
SOLEShares100K
TypeSH
Market value$2.97M
1.15%
Sole
100K
Shared
0.00
None
0.00
EURONET WORLDWIDE INC
SOLEShares30K
TypeSH
Market value$2.28M
0.88%
Sole
0.00
Shared
0.00
None
30K
AST SPACEMOBILE INC
SOLEShares30K
TypeSH
Market value$2.18M
0.84%
Sole
0.00
Shared
0.00
None
30K
WALKER & DUNLOP INC
SOLEShares30K
TypeSH
Market value$1.80M
0.70%
Sole
30K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TURNING PT BRANDS INCSOLE | COM | 400K | SH | $43.36M 16.73% | 400K | 0.00 | 0.00 |
FIRSTCASH HOLDINGS INCSOLE | COM | 195K | SH | $31.08M 11.99% | 195K | 0.00 | 0.00 |
LAUREATE EDUCATION INCSOLE | COMMON STOCK | 500K | SH | $16.84M 6.50% | 500K | 0.00 | 0.00 |
CAVCO INDS INC DELSOLE | COM | 27K | SH | $15.95M 6.15% | 27K | 0.00 | 0.00 |
ADTALEM GLOBAL ED INCSOLE | COM | 135K | SH | $13.97M 5.39% | 135K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 25K | SH | $12.09M 4.67% | 25K | 0.00 | 0.00 |
AMRIZE LTDSOLE | SHS | 200K | SH | $10.82M 4.17% | 200K | 0.00 | 0.00 |
AUTOZONE INCSOLE | COM | 3K | SH | $10.17M 3.93% | 3K | 0.00 | 0.00 |
TURNING PT BRANDS INCSOLE | CALL | 87K | SH | $9.43M 3.64% | 0.00 | 0.00 | 87K |
STERLING INFRASTRUCTURE INCSOLE | COM | 30K | SH | $9.19M 3.55% | 30K | 0.00 | 0.00 |
BRITISH AMERN TOB PLCSOLE | SPONSORED ADR | 150K | SH | $8.49M 3.28% | 150K | 0.00 | 0.00 |
GRAND CANYON ED INCSOLE | COM | 50K | SH | $8.32M 3.21% | 50K | 0.00 | 0.00 |
FEDERAL AGRIC MTG CORPSOLE | CL C | 44.50K | SH | $7.81M 3.01% | 44.50K | 0.00 | 0.00 |
HASBRO INCSOLE | COM | 94.77K | SH | $7.77M 3.00% | 94.77K | 0.00 | 0.00 |
NPK INTERNATIONAL INCSOLE | COM SHS | 650K | SH | $7.75M 2.99% | 650K | 0.00 | 0.00 |
EURONET WORLDWIDE INCSOLE | COM | 101.16K | SH | $7.70M 2.97% | 101.16K | 0.00 | 0.00 |
PROGYNY INCSOLE | COM | 250K | SH | $6.42M 2.48% | 250K | 0.00 | 0.00 |
TRIUMPH FINANCIAL INCSOLE | COM | 89.69K | SH | $5.62M 2.17% | 89.69K | 0.00 | 0.00 |
VAALCO ENERGY INCSOLE | COM NEW | 1.51M | SH | $5.50M 2.12% | 1.51M | 0.00 | 0.00 |
GBANK FINL HLDGS INCSOLE | COM | 110K | SH | $3.73M 1.44% | 110K | 0.00 | 0.00 |
TOPBUILD CORPSOLE | COM | 8K | SH | $3.34M 1.29% | 8K | 0.00 | 0.00 |
PEABODY ENERGY CORPSOLE | COM | 100K | SH | $2.97M 1.15% | 100K | 0.00 | 0.00 |
EURONET WORLDWIDE INCSOLE | CALL | 30K | SH | $2.28M 0.88% | 0.00 | 0.00 | 30K |
AST SPACEMOBILE INCSOLE | PUT | 30K | SH | $2.18M 0.84% | 0.00 | 0.00 | 30K |
WALKER & DUNLOP INCSOLE | COM | 30K | SH | $1.80M 0.70% | 30K | 0.00 | 0.00 |
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