Greenbrier Companies Inc (GBX), Spirit Airlines Incorporated (SAVE), Snap-on Incorporated (SNA): Top Stock Holdings of Copper Rock Capital Partners

Copper Rock Capital Partners is a hedge fund with its primary focus on small cap investing and Greenbrier Companies Inc (NYSE:GBX), Spirit Airlines Incorporated (NASDAQ:SAVE), Snap-on Incorporated (NYSE:SNA) are the three largest stock holdings of this fund. It has a market value of $916 million, as per its recent SEC 13F filing dated October 7, 2014. Its top three funds constitute 29.58% of its overall portfolio.

Greenbrier Companies Inc (NYSE:GBX) is the top stock holding of Copper Rock Capital Partners with investments worth $38 million and 529,154 shares. It was a record revenue growth for Greenbrier Companies Inc (NYSE:GBX) in its third quarter 2014 at $593.3 million with gross margins of 16.3% and earnings per share of $1.03. Par Capital Management is the largest investor of Greenbrier Companies Inc (NYSE:GBX) with net investments of $97 million followed by Citadel Investment Group ($62 million) and Highbridge Capital Management ($38 million), both having bonds of the company.

Greenbrier Companies Inc (GBX)

The second largest stock holding of Copper Rock Capital Partners include Spirit Airlines Incorporated (NASDAQ:SAVE) with 493,143 shares worth $34 million. During the second quarter 2014, the airline reported net operating revenue of $499.3 million with its adjusted net income reaching $66.5 million. Lone Pine Capital has largest investments in Spirit Airlines Incorporated (NASDAQ:SAVE) at $221 million. Partner Fund Management ($79 million) and Par Capital Management are other primary investors of the company.

Snap-on Incorporated (NYSE:SNA) forms the third largest investment of Copper Rock Capital Partners with 223,541 shares and investment worth $27 million. Snap-on Incorporated (NYSE:SNA) had net sales of $826.5 million for its second quarter 2014 with net earnings of $106.1 million. Snap-on tools group was the largest contributor to its net sales with segment sales of $369.1 million. Adage Capital Management is the largest investor of Snap-on Incorporated (NYSE:SNA) with $284 million in investments followed by Gates Capital Management ($144 million) and Ariel Investments ($122 million).

This article has been written by Prakash Pandey and edited by Serkan Unal.

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