Christopher Shackelton – Coliseum Capital’s Top Stock Picks

Coliseum Capital is an activist hedge fund founded by Christopher Shackelton and Adam Gray. Christopher Shackelton previously worked as an analyst at Watershed Asset Management between 2003 and 2005.

Below we compiled a list of top 10 positions in Coliseum’s portfolio at the end of September.

LHC Group, Inc. (NASDAQ:LHCG)

LHC Group Inc (LHCG): LHC Group provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. The company reported $2.08 earnings per share for the third quarter of 2011, missing the Thomson Reuters consensus estimate of $0.56 by $2.64. The company’s quarterly revenue was also down 7.4% from the same quarter last year. Coliseum had $25.8 million invested in LHCG and it returned -18.58% since the end of September. It has a market cap of $255.74M. Chuck Royce had $44 million invested in LHCG as of June 30, 2011.

Cash Store Financial Services Inc (CSFS): The Cash Store Financial Services Inc is the broker of short-term advances and provider of other financial services in Canada. The company is going to hold its management conference call and webcast with shareholders, analysts and institutional investors to discuss its fourth quarter results for the three and twelve months ended September 30, 2011 on November 17, 2011. Coliseum had $19.0 million invested in CSFS and it returned 3.31% since the end of September. It has a market cap of $152.07M. Bernard Horn’s Polaris Capital Management invested $17.4 million in CSFS.

Benihana Inc (BNHNA): Benihana Inc. is an operator of teppanyaki-style restaurants. The company posted total sales of $75.8 million for the most recent quarter, compared with $71.8 million for the same period a year ago. Coliseum had $17.2 million invested in BNHNA and it returned 5.34% since the end of September. It has a market cap of $153.94M and a P/E ratio of 319.44. Chuck Royce also had $2.4 million invested in the stock.

Mac-Gray Corp (TUC): Mac-Gray is a laundry facilities management contractor in the United States. The company reported EPS of $0.05 for the third quarter of 2011, $0.07 worse than the analyst estimate of $0.12. Revenue for the quarter was $78.5 million, compared with the consensus estimate of $80 million. Coliseum had $9.4 million invested in TUC and it lost 1.24% since the end of September. It has a market cap of $184.80M and a P/E ratio of 71.92.

Wet Seal Inc (WTSLA): The Wet Seal, Inc. specialty retailer operating stores selling apparel and accessory items designed for female customers aged 13 to 35 years old. The company reported weaker than expected October sales. Revenue at stores open at least a year dropped 9.7% in October, falling short of analysts’ expectations for a 1% decline. Wet Seal is going to announce its third quarter financial results on November 17. Coliseum had $8.6 million invested in WTSLA and it lost 31.03% since the end of September. It has a market cap of $289.10M and a P/E ratio of 17.93. Lee Ainslie had $29 million invested in WTSLA.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!