Tracking Mick McGuire’s Marcato Capital Management Portfolio – Q2 2019 Update

• Mick McGuire’s 13F portfolio value decreased from $644M to $262M this quarter. 
• Marcato Capital Management unwound the huge short position in iShares Russell 2000 during the quarter. 
• The largest three individual stock positions are IAC Interactive (IAC), Terex Corp (TEX), and DXC Technology (DXC) and they add up to ~90% of the portfolio. 

Mick McGuire’s 13F portfolio value decreased ~60% from $644M to $262M this quarter. Most of the positions were reduced or eliminated during the quarter. The top five stakes are IAC Interactive (IAC), Terex Corp (TEX), DXC Technology (DXC), Rayonier Advanced Materials (RYAM), and Craft Brew Alliance (BREW) and they add up to around ~95% of the 13F portfolio.

Note: In September 2018, McGuire said he expects Terex Corporation shares to triple although it had already doubled since he first invested in July 2016. Shares were trading in the low-40s at the time. It currently trades at $25.78.

Below is a spreadsheet that shows the changes to Mick McGuire's Marcato Capital 13F portfolio holdings as of Q2 2019. For a look at how the portfolio has progressed, see our previous update:

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