12th Street Asset Management Company, LLC
12th Street Asset Management Company, LLC is an independently owned, SEC-registered investment advisor founded in 2007 and headquartered in Nashville, TN. The firm provides discretionary portfolio management services to individual and institutional investors through separately managed accounts, sub-advisory accounts, model portfolios, and a pooled investment vehicle (12th Street Asset Management, LP). It primarily invests in U.S. companies traded on U.S. exchanges and offers three equity investment strategies: LP, Opportunity, and Small Cap Value. The firm is led by founder and managing principal Michael G. O’Keefe, with D. Andrew Shipman as a partner and minority owner.
Investment Strategy
The firm offers three equity strategies: LP, Opportunity, and Small Cap Value, focusing on U.S. companies traded on U.S. exchanges. It emphasizes determining fair value for each stock and establishing a margin of safety as key to risk management.
Latest 13F Filing Activity
12th Street Asset Management Company, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 29 equity positions with a total 13F market value of $582M. The fund increased holdings in Amcor PLC Ord, Brunswick Corp., Kirby Corp. among other positions. 12th Street Asset Management Company, LLC reduced exposure to SPDR Ser TR SPDR Bloomberg, Berry Global Group Inc. Com, Progressive Corp. Ohio among others.
Top Holdings
Equity Positions (29)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
K KEX | KIRBY CORP | 9.48% | $55.1M | 486,235 | $107.55 | $113.41 | +$14.1M |
C CLH | CLEAN HARBORS INC | 8.65% | $50.3M | 217,632 | $90.25 | $231.18 | +$12.3M |
B BIL | SPDR SER TR SPDR BLOOMBERG | 7.85% | $45.7M | 497,726 | $91.65 | $91.73 | -$29.3M |
P PNFP | PINNACLE FINL PARTNERS INC | 6.17% | $35.9M | 324,938 | $88.64 | $110.41 | -$358.2K |
L LKQ | LKQ CORP | 5.80% | $33.8M | 912,288 | $37.89 | $37.01 | -$7.0M |