There may be some debate as to whether activist shareholders are good for the long-term health of companies, but there is no debating their results. In 2012, 2013, and 2014, activist investment strategies returned 9.3%, 19.2%, and 8.5% respectively per year. While new activist positions may not be moving the needle quite as much as they once were, the market still values activist involvement in companies. In this article, we reveal one of the latest activist filings, issued by Radix Partners LLC, disclosing the latest information regarding the activist’s position in Capital Senior Living Corp (NYSE:CSU). The filing is embedded in its entirety below and on the following pages.
You can access the original SEC filing by clicking here, which includes a presentation made by Radix (exhibit 3).
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| HCRE Special Investment LLC | 1,846,297 | 0 | 1,846,297 | 0 | 1,846,297 | 6.3% |
| Radix Partners LLC | 0 | 1,846,297 | 0 | 1,846,297 | 1,846,297 | 6.3% |
| Joshua Packwood | 0 | 1,846,297 | 0 | 1,846,297 | 1,846,297 | 6.3% |
| Schuster Tanger | 0 | 1,846,297 | 0 | 1,846,297 | 1,846,297 | 6.3% |
Page 1 of 7 SEC Filing
| Capital Senior Living Corporation |
| (Name of Issuer) |
| Common Stock |
| (Title of Class of Securities) |
| 140475104 |
| (CUSIP Number) |
| Radix Partners LLC Attn: Schuster Tanger 80 Broad Street Suite 2502 New York, New York 10004 (212) 257-4291 |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| January 25, 2016 |
| (Date of Event which Requires Filing of this Statement) |
