Connecticut-based Coliseum Capital Management added nearly. 1.1 million shares of NCR Atleos in the third quarter, helping to push the position value up by $60 million.
The transaction represented a 3.7% increase relative to Coliseum’s reported 13F AUM.
Coliseum now owns about 2.7 million shares worth $106.3 million, making NCR Atleos the fund’s third-largest holding.
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Connecticut-based Coliseum Capital Management disclosed the purchase of nearly 1.1 million shares of NCR Atleos (NYSE:NATL) in the third quarter, increasing its position by approximately $60 million, according to a November 14 SEC filing.
According to a filing with the Securities and Exchange Commission dated November 14, Coliseum Capital Management increased its stake in NCR Atleos (NYSE:NATL) by 1.1 million shares in the third quarter. The new position totals 2.7 million shares valued at $106.3 million as of September 30.
The buy lifted NCR Atleos to 10.4% of Coliseum’s 13F-reported AUM, ranking as its third-largest holding.
Top five holdings post-filing:
NASDAQ: SONO: $235.9 million (23% of AUM)
NYSE: HRI: $222.3 million (21.7% of AUM)
NYSE: NATL: $106.3 million (10.4% of AUM)
NYSE: MBC: $99.6 million (9.7% of AUM)
NYSE: UTI: $88.4 million (8.6% of AUM)
As of Friday, NCR Atleos shares were priced at $37.07, up 13% year-over-year and only slightly underperforming the S&P 500, which is up 14%.
Metric
Value
Price (as of market close Friday)
$37.07
Market Capitalization
$2.7 billion
Revenue (TTM)
$4.3 billion
Net Income (TTM)
$131 million
NCR Atleos operates at scale with a global footprint, focusing on financial technology and self-service banking solutions. More specifically, it provides self-service banking solutions, including ATMs, interactive teller machines, payment network services, and managed network infrastructure. The company leverages its expertise in ATM and payment network infrastructure to deliver integrated services to a diverse set of…
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