Equal-WT
WhaleScore 2.0
?
Sasco Capital is based out of Fairfield. Sasco Capital is a large advisory firm with 5 clients and discretionary assets under management (AUM) of $911,100,000 (Form ADV from 2024-03-19). Whalewisdom has at least 100 13F filings, and 56 13G filings
Business Description
Sasco Capital has been providing investment management services to institutional and high net worth individual clients since 1986. They manage separate client accounts on a discretionary basis and offer only one investment strategy, Contrarian Value Equity investments, through three separate products. The minimum relationship size for their Mid Cap Contrarian Value Equity product is $5 Million.
As of December 31, 2023, Sasco Capital had approximately $911 Million in discretionary assets under management. They have been registered with the SEC since 1985.
Investment Strategy
Sasco Capital employs a contrarian value equity investment strategy, focusing on undervalued companies with restructuring and transformational potential. They invest in companies that are selling at a discount to their deemed asset value and projected future earning power from possible restructuring scenarios. This strategy has a long-term investment horizon and low turnover, emphasizing good stock selection as the primary driver of performance.
Sasco Capital's investment philosophy excludes the Financials and Technology/Telecommunications sectors. They avoid Financials due to the difficulty in analyzing the underlying asset value of companies undergoing restructuring, particularly in the context of financial stress. Similarly, they avoid technology stocks because their underlying asset values can become obsolete rapidly. This exclusion reflects their emphasis on asset value as a cornerstone of their investment process, ensuring downside protection in their portfolio.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| MDU MDU Resources Group | 4.86% |
| PPL PPL Corp | 4.31% |
| SWX Southwest Gas Holdin | 4.2% |
| ARMK Aramark | 3.86% |
| CLVT CLARIVATE PLC | 3.77% |
2024-12-31
13F Holdings Summary
2024-12-31
13F Activity
| Market Value | $0, Prior: $0.67b |
| Inflows (Outflows) as % of Total MV | (-104.2347)% |
| New Purchases | 0 stocks |
| Added To | 0 stocks |
| Sold out of | 51 stocks |
| Reduced holdings in | 0 stocks |
| Top 10 Holdings % | % |
| Turnover %[1] | 100% |
| Turnover Alt %[2] | % |
| Time Held Top 20 | quarters |
| Time Held Top 10 | quarters |
| Time Held All | quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31