Here’s Black Bear Value Partners' Views on Five Point Holdings (FPH)
Black Bear Value Partners, an investment advisory firm, issued its first-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Third Avenue Management Martin Whitman | 4,113,917 | $22,996,796 | 4.18% | |
| 2. | Glendon Capital Management Matthew Barrett | 1,158,162 | $6,474,126 | -11% | 0.39% |
| 3. | Arrowstreet Capital Peter Rathjens, Bruce Clarke And John Campbell | 386,581 | $2,160,988 | -3% | 0% |
| 4. | Renaissance Technologies Jim Simons | 256,500 | $1,433,835 | -38% | 0% |
| 5. | Marshall Wace LLP Paul Marshall And Ian Wace | 140,460 | $785,172 | +94% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $3.15 | 3,283,024 | $10,341,525.60 | 6,219,241 | 2024-10-22 | Filing | |
| $7.66 | 85,235 | $652,490.97 | 258,879 | 2021-03-30 | Filing | |
| $7.66 | 3,765 | $28,821.83 | 11,426 | 2021-03-30 | Filing | |
| $8.35 | 62,253 | $519,818.78 | 173,644 | 2021-03-23 | Filing | |
| $8.21 | 111,391 | $914,564.67 | 111,391 | 2021-03-22 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $5.23 | 111,037 | $580,723.51 | 588,735 | 2026-03-09 | Filing | |
| $6.01 | 18,714 | $112,471.14 | 35,636 | 2025-12-04 | Filing | |
| $5.78 | 18,496 | $106,906.88 | 17,927 | 2025-03-08 | Filing | |
| $3.84 | 11,644 | $44,712.96 | 103,036 | 2024-10-24 | Filing | |
| $3.32 | 378 | $1,254.05 | 4,248 | 2024-09-24 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 5,269,606 | $25,504,893 | 0.73% | |
| 2. | 2,497,050 | $12,085,724 | 2.99% | |
| 3. | 1,380,446 | $6,680,732 | 0% | |
| 4. | 1,229,255 | $5,949,594 | 0.09% | |
| 5. | 402,259 | $1,946,934 | 1.45% |