Recent Spinoffs

A spin-off is a subsidiary separated from its parent company, and start trading as an independent stock. Many studies conducted through the years prove that these stocks achieve an excess return of more than 10% per year above the main indices (see more details here), and this is why I invest in spinoffs.

The question is how do you find spin-off stocks? Every US Company that intends to spin off one of its subsidiaries needs to file a form 10-12B to the Securities and Exchange Commission (SEC) site. Thus, to find US spinoffs you should start at the list of 10-12B filings at the SEC website.

This is an easy task, but it’s not the end of the story. First, not all spin-offs are filled as Form 10-12B; some are reported in a general 8-K form or other forms. Also, it can take months after the first publication until the spin-off is actually performed, and in some cases, the spin-off is even canceled.

Things get even more challenging if you want exposure to non-US spinoffs, which also proved to be a very profitable investment. Non-US companies obviously report to other Securities and Exchange Commissions which doesn’t have a designated form for spinoffs, so it harder trace them without using expensive data services like Bloomberg, Reuters or S&P Capital IQ, that we are subscribed to for generating a complete list of spinoffs worldwide.

These means you have to dig deeper to find all spinoffs and watch the list carefully over time to understand which one starts trading at discount to their fair value. The more spin-offs you track and analyze the more potential you’ll have to your portfolio.

To help you do that, we publish here for free a list of Spinoff Stocks from main exchanges around the world. As stated, not all of them are attractive enough for buying, so we thoroughly study each one of them and select the best opportunities to our portfolio.

Symbol Name Exchange Parent Symbol Parent Name Separation Date
LILA Liberty Latin America (LILAC) NASDAQ LBTYA Liberty Global Jan 2018
DLPH Delphi Technologies NYSE APTV Aptiv Dec 2017
VCCP VICI Properties Inc OTC CZR Caesars Entertainment Corporation Oct 2017
HBB Hamilton Beach Brands Holding Company NYSE NC NACCO Industries Oct 2017
BKI Black Knight Inc. NYSE FNFV Fidelity National Financial Ventures Oct 2017
MFGP Micro Focus International NYSE HPE Hewlett Packard Enterprise Company Aug 2017
BHF Brighthouse Financial NASDAQ MET MetLife Aug 2017
JBGS JBG Smith Properties NYSE VNO Vornado Realty Trust Jul 2017
BDVB Bagger Dave’s Burger Tavern OTC SAUC Diversified Restaurant Holdings May 2017
VVV Valvoline Inc NYSE ASH Ashland Global Holdings May 2017
DXC DXC Technology Co NYSE HPE Hewlett Packard Enterprise Apr 2017
BIVV Bioverativ Inc NASDAQ BIIB Biogen Inc Feb 2017
LOGM LogMeIn Inc NASDAQ CTXS Citrix Systems Inc Jan 2017
VREX Varex Imaging Corp NASDAQ VAR Varian Medical Systems Jan 2017
FHBC Fernhill Beverage Inc OTC VGID V Group Inc Jan 2017
LEAI Legacy Education Alliance OTC TIGE Tigrent Inc Jan 2017
AQB AquaBounty Technologies Inc NASDAQ XON Intrexon Corp Jan 2017
CNDT Conduent Inc NYSE XRX Xerox Corp Jan 2017
HGV Hilton Grand Vacations Inc NYSE HLT Hilton Worldwide Holdings Jan 2017
PK Park Hotels & Resorts Inc NYSE HLT Hilton Worldwide Holdings Jan 2017
ATH Athene Holding Ltd NYSE APLVF AP Alternative Assets LP Dec 2016
VST Vistra Energy Corp. NYSE - Energy Future Holdings Dec 2016
INSW International Seaways Inc NYSE OSG Overseas Shipholding Group Nov 2016