Simcoe Capital Management, LLC In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Simcoe Capital Management, LLC reported 20 stock positions worth $685.4 million . Its top holding was Gildan Activewear (GIL) at 15.6% of the portfolio, followed by United Parks & Resorts (PRKS, 14.9% ) and Donnelley Financial Solution (DFIN, 9.3% ). Compared with Q1 2025, it opened 8 new positions, sold out of 3, added to 5 and reduced 7. The biggest buy was a new position in Brink's (BCO) and the biggest sale Asbury Automotive (ABG, shares −51% ).
Location NEW YORK, NY
CIK 0001633362
Portfolio Value $685.4M (Q2 2025) Holdings 20 stocks · $685.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 GIL Gildan Activewear Inc. 2,165,100 $106.6M Reduce -0.7% PRKS United Parks & Resorts Inc. 2,163,970 $102.0M Reduce -0.5% DFIN Donnelley Financial Solution 1,037,735 $64.0M Add +34.0% FLEX Flex Ltd. 1,141,000 $57.0M Add +4.7% WT Wisdomtree Inc. 4,924,550 $56.7M Add +23.4% CART Maplebear Inc. 1,250,255 $56.6M Add +25.2% BCO The Brink's Co. 486,790 $43.5M New ABG Asbury Automotive Group 170,455 $40.7M Reduce -51.2% CNK Cinemark Holdings Inc. 1,147,190 $34.6M Reduce -5.9% NGVT Ingevity Corp. 624,935 $26.9M Add +188.8% ABM Abm Industries Inc. 438,887 $20.7M New NATL NCR Atleos Corp. 710,900 $20.3M New CLS Celestica Inc. 74,155 $11.6M New WH Wyndham Hotels & Resorts Inc. 132,625 $10.8M New JBL Jabil Inc. 43,120 $9.4M Reduce -83.9% TRS Trimas Corp. 268,845 $7.7M Reduce -2.4% SABR Sabre Corp. 2,420,500 $7.6M New OSPN Onespan Inc. 446,280 $7.4M New BLD Topbuild Corp. 2,190 $709K Reduce -90.6% MATX Matson Inc. 6,165 $686K New
Options reported separately and not counted above: IWM puts ($323.5M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ ABG Asbury Automotive Group Reduce -51.2% 5.93% −7.91 GO Grocery Outlet Holding Corp. Sold out 0.00% −7.37 JBL Jabil Inc. Reduce -83.9% 1.37% −5.18 PRKS United Parks & Resorts Inc. Reduce -0.5% 14.89% −2.86 GIL Gildan Activewear Inc. Reduce -0.7% 15.55% −1.75 QSR Restaurant Brands Intern Sold out 0.00% −1.44 BLD Topbuild Corp. Reduce -90.6% 0.10% −1.17 CNK Cinemark Holdings Inc. Reduce -5.9% 5.05% −0.39 PRSU Pursuit Attractions and Hosp Sold out 0.00% −0.23 TRS Trimas Corp. Reduce -2.4% 1.12% −0.04
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ BCO The Brink's Co. New 6.34% +6.34 DFIN Donnelley Financial Solution Add +34.0% 9.33% +3.26 ABM Abm Industries Inc. New 3.02% +3.02 NATL NCR Atleos Corp. New 2.96% +2.96 NGVT Ingevity Corp. Add +188.8% 3.93% +2.39 WT Wisdomtree Inc. Add +23.4% 8.27% +1.88 FLEX Flex Ltd. Add +4.7% 8.31% +1.84 CLS Celestica Inc. New 1.69% +1.69 WH Wyndham Hotels & Resorts Inc. New 1.57% +1.57 SABR Sabre Corp. New 1.12% +1.12 CART Maplebear Inc. Add +25.2% 8.25% +1.10 OSPN Onespan Inc. New 1.09% +1.09 MATX Matson Inc. New 0.10% +0.10
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF put New 1,499,000 $323.5M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 14 $515.4M NGVT, KOP, BCO, WT, AN Q1 2026 14 $539.0M GIL, NGVT, WT, BCO, AN Q4 2025 14 $559.0M GIL, BCO, WT, NGVT, MAT Q3 2025 18 $689.9M GIL, PRKS, FLEX, WT, DFIN Q2 2025 20 $685.4M GIL, PRKS, DFIN, FLEX, WT Q1 2025 15 $557.1M PRKS, GIL, ABG, GO, CART Q4 2024 11 $680.5M PRKS, ABG, GIL, GO, JBL Q3 2024 15 $762.4M ABG, GIL, PRKS, FUN, DFIN Q2 2024 14 $666.4M ABG, PRKS, GIL, DFIN, JBL Q1 2024 18 $731.8M ABG, DFIN, PRKS, JBL, EVRI