# EDGAR Filing Document

**Accession Number:** 0001732687
**File Stem:** 0001214659-23-002057
**Filing Date:** 2023-2
**Character Count:** 12185
**Document Hash:** 30e0f3b967b77ea22f1ec524c9ee9b09
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-23-002057.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001214659-23-002057

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Factorial Partners, LLC
- **CENTRAL INDEX KEY:** 0001732687
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1230

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18722
- **FILM NUMBER:** 23617211

**BUSINESS ADDRESS:**
- **STREET 1:** 16 DAKIN AVENUE
- **CITY:** MT. KISCO
- **STATE:** NY
- **ZIP:** 10549
- **BUSINESS PHONE:** 9146666830

**MAIL ADDRESS:**
- **STREET 1:** 16 DAKIN AVENUE
- **CITY:** MT. KISCO
- **STATE:** NY
- **ZIP:** 10549

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Factorial Partners LLC<br>**Address:** 16 DAKIN AVENUE<br>MT. KISCO, NY 10549

**Form 13F File Number:** 028-18722

**CRD Number (if applicable):** 000169879

**SEC File Number (if applicable):** 802-78944

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Mark P. Kleiman<br>**Title:** Managing Member<br>**Phone:** 914-666-6830

**Signature, Place, and Date of Signing:**

/s/ Mark P. Kleiman  Mt. Kisco, NY  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 89

**Form 13F Information Table Value Total:** $130698236

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 8X8 INC NEW | COM | 282914100 |  | 548640 | 127000 | SH |  | SOLE |  | 127000 | 0 | 0 |
| AAR CORP | COM | 000361105 |  | 401541 | 8943 | SH |  | SOLE |  | 8943 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 779509 | 7100 | SH |  | SOLE |  | 7100 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 1166400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 338118 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 3419380 | 89000 | SH |  | SOLE |  | 89000 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 1705600 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 472800 | 3200 | SH |  | SOLE |  | 3200 | 0 | 0 |
| ANYWHERE REAL ESTATE INC | COM | 75605Y106 |  | 194895 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3554885 | 27360 | SH |  | SOLE |  | 27360 | 0 | 0 |
| AUTONATION INC | COM | 05329W102 |  | 1255410 | 11700 | SH |  | SOLE |  | 11700 | 0 | 0 |
| B  G FOODS INC NEW | COM | 05508R106 |  | 1034720 | 92800 | SH |  | SOLE |  | 92800 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 1495368 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| BJS RESTAURANTS INC | COM | 09180C106 |  | 403614 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| BLOOMIN BRANDS INC | COM | 094235108 |  | 1197140 | 59500 | SH |  | SOLE |  | 59500 | 0 | 0 |
| BLUEGREEN VACATIONS HLDG COR | CLASS A | 096308101 |  | 923820 | 37012 | SH |  | SOLE |  | 37012 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 1222153 | 38300 | SH |  | SOLE |  | 38300 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3187385 | 44300 | SH |  | SOLE |  | 44300 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 4304048 | 46300 | SH |  | SOLE |  | 46300 | 0 | 0 |
| CENTURY CMNTYS INC | COM | 156504300 |  | 205041 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| CHEESECAKE FACTORY INC | COM | 163072101 |  | 1014720 | 32000 | SH |  | SOLE |  | 32000 | 0 | 0 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 4352747 | 31816 | SH |  | SOLE |  | 31816 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4088792 | 90400 | SH |  | SOLE |  | 90400 | 0 | 0 |
| CRA INTL INC | COM | 12618T105 |  | 644839 | 5267 | SH |  | SOLE |  | 5267 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 4331004 | 139800 | SH |  | SOLE |  | 139800 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 1142451 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1669130 | 41500 | SH |  | SOLE |  | 41500 | 0 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 3815370 | 39000 | SH |  | SOLE |  | 39000 | 0 | 0 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 1898866 | 100204 | SH |  | SOLE |  | 100204 | 0 | 0 |
| EBIX INC | COM NEW | 278715206 |  | 556884 | 27900 | SH |  | SOLE |  | 27900 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 |  | 1660968 | 35400 | SH |  | SOLE |  | 35400 | 0 | 0 |
| FIESTA RESTAURANT GROUP INC | COM | 31660B101 |  | 249900 | 34000 | SH |  | SOLE |  | 34000 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 |  | 828095 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 1155444 | 43800 | SH |  | SOLE |  | 43800 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 673190 | 59000 | SH |  | SOLE |  | 59000 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 875742 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 1148067 | 42100 | SH |  | SOLE |  | 42100 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 3013750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3193434 | 9300 | SH |  | SOLE |  | 9300 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 1659404 | 9200 | SH |  | SOLE |  | 9200 | 0 | 0 |
| GULF IS FABRICATION INC | COM | 402307102 |  | 131841 | 25700 | SH |  | SOLE |  | 25700 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 3632390 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| IHEARTMEDIA INC | COM CL A | 45174J509 |  | 441360 | 72000 | SH |  | SOLE |  | 72000 | 0 | 0 |
| INOGEN INC | COM | 45780L104 |  | 898776 | 45600 | SH |  | SOLE |  | 45600 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 3054240 | 30300 | SH |  | SOLE |  | 30300 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 1719508 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 978432 | 41600 | SH |  | SOLE |  | 41600 | 0 | 0 |
| KB HOME | COM | 48666K109 |  | 200655 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| KELLOGG CO | COM | 487836108 |  | 1068600 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| LITHIA MTRS INC | COM | 536797103 |  | 563035 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| LIVERAMP HLDGS INC | COM | 53815P108 |  | 518024 | 22100 | SH |  | SOLE |  | 22100 | 0 | 0 |
| M D C HLDGS INC | COM | 552676108 |  | 1036480 | 32800 | SH |  | SOLE |  | 32800 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 1759458 | 38100 | SH |  | SOLE |  | 38100 | 0 | 0 |
| MACYS INC | COM | 55616P104 |  | 1032500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 1136940 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| MASTERBRAND INC | COMMON STOCK | 57638P104 |  | 327670 | 43400 | SH |  | SOLE |  | 43400 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 604500 | 46500 | SH |  | SOLE |  | 46500 | 0 | 0 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 1037590 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| NCR CORP NEW | COM | 62886E108 |  | 482246 | 20600 | SH |  | SOLE |  | 20600 | 0 | 0 |
| NOMAD FOODS LTD | USD ORD SHS | G6564A105 |  | 1756756 | 101900 | SH |  | SOLE |  | 101900 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 3277386 | 13300 | SH |  | SOLE |  | 13300 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 2196637 | 57100 | SH |  | SOLE |  | 57100 | 0 | 0 |
| ORASURE TECHNOLOGIES INC | COM | 68554V108 |  | 727820 | 151000 | SH |  | SOLE |  | 151000 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 1312710 | 47000 | SH |  | SOLE |  | 47000 | 0 | 0 |
| ORTHOFIX MED INC | COM | 68752M108 |  | 535833 | 26100 | SH |  | SOLE |  | 26100 | 0 | 0 |
| PERRIGO CO PLC | SHS | G97822103 |  | 1292011 | 37900 | SH |  | SOLE |  | 37900 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3392088 | 66200 | SH |  | SOLE |  | 66200 | 0 | 0 |
| PHIBRO ANIMAL HEALTH CORP | CL A COM | 71742Q106 |  | 1015137 | 75700 | SH |  | SOLE |  | 75700 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 |  | 1164354 | 12900 | SH |  | SOLE |  | 12900 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 557753 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| RADIAN GROUP INC | COM | 750236101 |  | 1258620 | 66000 | SH |  | SOLE |  | 66000 | 0 | 0 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 2223709 | 15650 | SH |  | SOLE |  | 15650 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 2612532 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| SEASPINE HLDGS CORP | COM | 81255T108 |  | 283900 | 34000 | SH |  | SOLE |  | 34000 | 0 | 0 |
| SIGNATURE BK NEW YORK N Y | COM | 82669G104 |  | 892955 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| SMART GLOBAL HLDGS INC | SHS | G8232Y101 |  | 163680 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| TACTILE SYS TECHNOLOGY INC | COM | 87357P100 |  | 719796 | 62700 | SH |  | SOLE |  | 62700 | 0 | 0 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 1612799 | 53140 | SH |  | SOLE |  | 53140 | 0 | 0 |
| TECHNIPFMC PLC | COM | G87110105 |  | 195040 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 1609680 | 176500 | SH |  | SOLE |  | 176500 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 2194920 | 60300 | SH |  | SOLE |  | 60300 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 1682395 | 90500 | SH |  | SOLE |  | 90500 | 0 | 0 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 285090 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 3909620 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| V2X INC | COM | 92242T101 |  | 700072 | 16955 | SH |  | SOLE |  | 16955 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 VAL | 921932844 |  | 536970 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 2445261 | 219700 | SH |  | SOLE |  | 219700 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3249523 | 78700 | SH |  | SOLE |  | 78700 | 0 | 0 |
| ZIMVIE INC | COM | 98888T107 |  | 485680 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |

---