SecurityTSG / Stars Group Inc.
InstitutionOdey Asset Management Group Ltd
Shares3,038,608
Value $ 83,714,000

Odey Asset Management Group Ltd reports 46.58% decrease in ownership of TSG / Stars Group Inc.

May 15, 2018 - Odey Asset Management Group Ltd has filed a 13F-HR form disclosing ownership of 3,038,608 shares of Stars Group Inc. (NASDAQ:TSG) with total holdings valued at $83,714,000 USD as of March 31, 2018. Odey Asset Management Group Ltd had filed a previous 13F-HR on February 14, 2018 disclosing 5,688,101 shares of Stars Group Inc. at a value of $132,533,000 USD. This represents a change in shares of -46.58 percent and a change in value of -36.84 percent during the quarter.

Other investors with positions similar to Odey Asset Management Group Ltd include Indus Capital Partners, Llc, ANTIPODES PARTNERS Ltd, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Vanguard Group Inc, Springowl Associates Llc, and Bank Of Montreal /can/.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR STARS GROUP COM 85570W100 25.43 3,038,608 -46.58 83,714 -36.84 -67,364 18,545 13.99
2017-12-31 13F-HR STARS GROUP COM 85570W100 21.90 5,688,101 -27.52 132,533 -17.62 -47,295 18,950 11.78
2017-09-30 13F-HR STARS GROUP COM 85570W100 19.20 7,847,705 22.83 160,878 40.67 28,007 18,508 16.18
2017-06-30 13F-HR AMAYA COM 02314M108 17.45 6,388,997 -19.51 114,363 -15.25 -27,018 6,447 4.78
2017-03-31 13F-HR AMAYA COM 02314M108 15.58 7,937,279 -33.81 134,934 -20.47 -63,137 28,398 16.74
2016-12-31 13F-HR AMAYA COM 02314M108 15.18 11,991,000 18.56 169,673 3.55 28,480 -22,657 -13.83
2016-09-30 13F-HR AMAYA COM 02314M108 15.76 10,114,200 1.36 163,850 7.11 2,141 8,740 5.71
2016-06-30 13F-HR AMAYA COM 02314M108 9,978,400 152,969


CUSIP: 02314M108