Every quarter Lumida Wealth presents a visual summary of the 45+ hedge funds we track every quarter that shape the future investing trends.
Enjoy the visual summary below or Check out the full data along with Ram’s insights in spreadsheet format here.
Please note:
– AUM indicates assets under management in managed 13F securities only, the overall AUM due to other positions (Debt, options etc) may be higher.
– Color intensity indicates relative weight.
– Individual stock Rectangles optimized for mobile readability and are not to scale
– Percentages are rounded to nearest decimal and indicate current portfolio weights
– We have prioritized top 5 stock positions wherever available.
– Each manager has a summary, sector analysis and legend for stock information.
Compliance Disclaimer: The information is for general informational purposes only and does not constitute investment advice. Past performance is not indicative of future results, and investments in hedge funds carry risks, including the potential loss of principal. We recommend that you seek independent financial advice before making any investment decisions.
Data Sources: Hedgefollow, Whalewisdom, Lumida analysis
Summary Overview
Oaktree Capital, managed by Howard Marks, focuses on a diverse range of sectors, with significant positions in energy and industrials. The fund’s top holdings include major investments in shipping and energy companies, while recent activity shows new investments in telecommunications and materials, alongside reductions in real estate and energy.
3 sector-specific insights
- The top holdings reflect a strong emphasis on energy and industrials, with a major position in TORM plc.
- New investments in telecommunications and materials suggest a strategic diversification into these sectors.
- Reductions in real estate and energy holdings indicate a rebalancing or profit-taking strategy.
Top 5 holdings, additions, and reduced positions
- SBLK (Star Bulk Carriers Corp.): Industrials sector, provides seaborne transportation solutions in the dry bulk sector.
- STR (Sitio Royalties Corp.): Energy sector, acquires, owns, and manages oil and gas mineral and royalty interests.
- GTX (Garrett Motion Inc.): Industrials sector, designs, manufactures, and sells turbocharger and electric-boosting technologies for vehicle manufacturers.
- CHK (Chesapeake Energy Corporation): Energy sector, engages in the exploration and production of oil and natural gas.
- TRMD (TORM plc): Industrials sector, operates as a product tanker company.
New Holdings
- ATUS (Altice USA, Inc.): Communication services sector, provides broadband communications and video services.
- GGB (Gerdau S.A.): Materials sector, produces and commercializes steel products.
- TCOM (Trip.com Group Limited): Consumer discretionary sector, provides travel services including accommodation reservation, transportation ticketing, packaged tours, and corporate travel management.
- LBTYA (Liberty Global plc): Communication services sector, operates as an international provider of broadband internet, video, fixed-line telephony, and mobile services.
Reduced Holdings
- CBL (CBL & Associates Properties, Inc.): Real estate sector, operates as a real estate investment trust (REIT) focused on retail properties.
- FCX (Freeport-McMoRan Inc.): Materials sector, engages in the mining of mineral properties, primarily copper, gold, and molybdenum.
- RWAY (Runway Growth Finance Corp.): Financial sector, provides financing solutions to venture capital-backed companies.
- CHK (Chesapeake Energy Corporation): Energy sector, engages in the exploration and production of oil and natural gas.
- TRMD (TORM plc): Industrials sector, operates as a product tanker company.
