Fairpointe Capital LLC Q4 2020 vs. Q1 2021 13F Holdings: Mattel Suffers Huge Blow While Full House Resorts and Inotiv Experience Big Wins

Fairpointe Capital LLC has just released its latest 13F filings for the first quarter of 2021, and the data indicates some interesting details regarding its holdings. With an overall portfolio worth a little over $4.4 billion, the firm has shown some notable changes in its assets over the past few months. In this article, we will take a deep dive into the Q4 2020 vs. Q1 2021 13F holdings comparison from Fairpointe Capital LLC and see which companies have been most affected.

Mattel suffers a big blow

Mattel, Inc. (MAT) was the biggest loser in Fairpointe Capital LLC's portfolio, with a massive loss of 917,725 shares. The value of their holdings also took a severe hit, dropping by $15,650,000. The toymaker's shares were down after disappointing holiday sales, resulting from shipping delays caused by increased demand and pandemic-related supply chain issues. It remains to be seen if Mattel can recover from this blow in the coming months, but the situation is not looking good at the moment.

Full House Resorts and Inotiv experience big wins

On the other hand, Full House Resorts, Inc. (FLL) had the biggest gain, with an addition of 25,000 shares from Q4 2020 to Q1 2021. Its value also soared from $877,000 to $1,687,000, a remarkable 92.4% increase. It was a fantastic quarter for Inotiv, Inc. (NOTV) too, with its shares skyrocketing from zero to 50,331. The rise in shares helped the company increase its value from $0 to $1,007,000, a whopping 1007% increase.

Other notable gainers

S&W Seed Company (SANW) experienced a 24.2% increase in value, with its shares rising from 488,405 to 488,405 in Q1 2021. Likewise, PowerFleet, Inc. (PWFL) had a 10.6% increase in value, though its number of shares remained the same in comparison with Q4 2020. Even SeaWorld Entertainment, Inc. (SEAS), which had experienced a tumultuous year due to the pandemic, had a 57.2% change in its holdings and managed to maintain its value.

Other notable losers

Tegna, Inc. (TGNA) was among the biggest losers in Q1 2021, with a massive 96.4% decrease in shares, which translated to a 95.3% loss in value. Northern Trust Corporation (NTRS) followed with a 96.4% decrease in shares, resulting in a 96.4% loss in value. Other significant losers in the portfolio included Western Digital Corporation (WDC), which suffered a 92.1% decrease in shares, and The Charles Schwab Corporation (SCHW), which saw a 97.9% decrease in shares.

Final thoughts

Overall, Fairpointe Capital LLC has made some significant changes to its portfolio in the past quarter, with both gains and losses prominently featured. While Mattel suffered substantial blows, Full House Resorts and Inotiv emerged as big winners. It will be intriguing to see how the market behaves over the next few months and how these companies' share prices react to external factors.