This article is part of a series that provides an ongoing analysis of the changes made to Lou Simpson’s 13F portfolio on a quarterly basis. It is based on Simpson’s regulatory 13F Form filed on 05/15/2019. Please visit our Tracking Lou Simpson’s SQL Advisors Portfolio series to get an idea of his investment philosophy and our previous update for the fund’s moves during Q4 2018.
This quarter, Simpson’s 13F portfolio value decreased ~50% from $2.62B to $1.32B as all positions were reduced. The number of holdings remained steady at 10. The top five positions represent