Value Holdings L.P. 13F annual report

Value Holdings L.P. is an investment fund managing more than $170 million ran by Timothy Curro. There are currently 39 companies in Mr. Curro’s portfolio. The largest investments include MKS Instruments and Global Payments, together worth $26 million.

Limited to 30 biggest holdings

$170 million Assets Under Management (AUM)

As of 5th January 2022, Value Holdings L.P.’s top holding is 265,921 shares of MKS Instruments currently worth over $13.2 million and making up 7.8% of the portfolio value. Relative to the number of outstanding shares of MKS Instruments, Value Holdings L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 165,840 shares of Global Payments worth $12.7 million, whose value fell 22.5% in the past six months. The third-largest holding is Wabtec Corp worth $12.4 million and the next is Total System Services Inc worth $11.2 million, with 238,306 shares owned.

Currently, Value Holdings L.P.'s portfolio is worth at least $170 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 Value Holdings L.P.

The Value Holdings L.P. office and employees reside in Hampton Bays, New York. According to the last 13-F report filed with the SEC, Timothy Curro serves as the Managing Member of the General Partner at Value Holdings L.P..

Recent trades

In the most recent 13F filing, Value Holdings L.P. revealed that it had opened a new position in Spdr Sp Oil Gas Exp Pr and bought 8,000 shares worth $308 thousand.

The investment fund also strengthened its position in Wabtec Corp by buying 2,000 additional shares. This makes their stake in Wabtec Corp total 151,600 shares worth $12.4 million.

On the other hand, there are companies that Value Holdings L.P. is getting rid of from its portfolio. Value Holdings L.P. closed its position in RBC Bearings on 10th November 2016. It sold the previously owned 8,659 shares for $628 thousand. Timothy Curro also disclosed a decreased stake in Global Payments by approximately 0.1%. This leaves the value of the investment at $12.7 million and 165,840 shares.

One of the smallest hedge funds

The two most similar investment funds to Value Holdings L.P. are Lansing Management L.P. and Grant Street Asset Management. They manage $170 million and $170 million respectively.

Timothy Curro investment strategy

Value Holdings L.P.’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Industrials — making up 59.7% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

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 8% of the total holdings value. On the other hand, large-cap stocks make up only 5.1% of the portfolio. The average market cap of the portfolio companies is close to $5.2 billion.

The complete list of Value Holdings L.P. trades based on 13F SEC filings

These positions were updated on November 10th 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
MKS Instruments, Inc.	No change 265,921	$13,224,000	7.76%
Global Payments, Inc.	1.19% 165,840	$12,730,000	7.47%
Wabtec Corp	1.34% 151,600	$12,378,000	7.27%
Total System Services Inc	No change 238,306	$11,236,000	6.60%
Thor Industries, Inc.	No change 129,076	$10,933,000	6.42%
Coherent Inc.	No change 98,673	$10,907,000	6.40%
Csg Sys Intl Inc	No change 250,390	$10,349,000	6.08%
Rollins, Inc.	No change 349,685	$10,239,000	6.01%
Insperity Inc	No change 129,959	$9,440,000	5.54%
Emcor Group, Inc.	No change 157,100	$9,366,000	5.50%
Tetra Tech, Inc.	No change 220,500	$7,821,000	4.59%
Primoris Services Corp	0.29% 341,312	$7,031,000	4.13%
Cimarex Energy Co.	No change 40,700	$5,469,000	3.21%
Msc Industrial Direct Co-a	No change 73,396	$5,388,000	3.16%
Cubic Corp.	3.00% 103,051	$4,824,000	2.83%
Applied Industrial Tech Inc	No change 98,570	$4,607,000	2.70%
Dril-Quip, Inc.	No change 62,200	$3,467,000	2.04%
Valmont Industries, Inc.	No change 18,701	$2,517,000	1.48%
Synergy Resources Corp	56.33% 285,025	$1,975,000	1.16%
Drew Industries Inc	No change 17,800	$1,745,000	1.02%
Gulf Island Fabrication, Inc.	9.67% 181,412	$1,669,000	0.98%
Rudolph Technologies Inc	9.11% 83,855	$1,488,000	0.87%
Hurco Companies, Inc.	6.01% 49,701	$1,395,000	0.82%
Littelfuse, Inc.	42.68% 9,000	$1,159,000	0.68%
Rogers Corp.	No change 17,600	$1,075,000	0.63%
Veeco Instruments Inc	95.51% 52,982	$1,040,000	0.61%
Nanometrics Inc	15.45% 44,825	$1,001,000	0.59%
Mercury Systems Inc	8.80% 37,084	$911,000	0.53%
Babcock Wilcox Enterpr	41.86% 50,837	$839,000	0.49%
FreightCar America Inc	10.96% 50,600	$728,000	0.43%
RBC Bearings Inc.	Closed 8,659	$628,000
Graham Corp.	6.24% 30,030	$574,000	0.34%
Zebra Technologies Corp.	Closed 10,299	$516,000
Matrix Service Co.	1,226.25% 26,525	$498,000	0.29%
PDF Solutions Inc.	No change 25,000	$454,000	0.27%
Matador Resources Co	20.00% 18,000	$438,000	0.26%
Cohu, Inc.	No change 35,398	$416,000	0.24%
Planet Payment Inc	425.91% 100,974	$375,000	0.22%
Spdr Sp Oil Gas Exp Pr	Opened 8,000	$308,000	0.18%
Foster (lb) Co-a	Closed 19,991	$218,000
Digi International, Inc.	366.67% 14,000	$160,000	0.09%
Vasco Data Security Intl	166.67% 8,000	$141,000	0.08%
No transactions found
Showing first 500 out of 42 holdings