JANA PARTNERS LLC

CIK

1159159

Location

New York, NY

Portfolio Value

Mid $1,241,349,754

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,501 / 7,034 ▼ 3 · as of Jun 2023

Top Industry

Packaged Foods 40.7%

Period ended 3 years ago

Filed Aug 14, 2023 · 3y

14 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

13F reports continue under

JANA Partners Management, LP from Sep 30, 2023

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 100.0% of the book (60%+)

Turnover

Medium turnover

42.8% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 6.7 quarters, but 7.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 99.3%; sector active share 52.9% against the combined 13F book's sector weights.

Over time 14 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

8 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

22.7%

+0.0 pts

Top 5

87.5%

−1.3 pts

Top 10

100.0%

0.0 pts

HHI

1,664

Moderately concentrated−109

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Unclassified	44.1%	$547,748,358	3
Consumer Defensive	22.7%	$282,297,654	1
Technology	18.6%	$230,837,533	2
Industrials	12.2%	$152,010,632	1
Healthcare	2.3%	$28,455,577	1

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
MRCY	Mercury Systems Inc	+2,401,242	4,394,641	$152,010,632
FRPT	Freshpet, Inc.	+275,374	4,289,586	$282,297,654
FIS	Fidelity National Information Services, Inc.	+214,454	3,694,474	$202,087,727
—		+43,128	2,474,398	$28,455,577
—		+5,972	4,753,914	$239,502,187
No positions match the current search.

Trimmed

Positions the filer reduced

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
SPY	Spdr S&P 500 ETF Trust	−5,400	221,133	$98,023,836
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
LDOS	Leidos Holdings, Inc.	324,930	$28,749,806
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BKSY	BlackSky Technology Inc.	2,880,921	$4,321,381
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

8 tracked positions · $1,241,349,754 total · filing declares 9 positions · $1,338,348,730 · as of Jun 30, 2023

All sectors Consumer Defensive Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
FRPT	Freshpet, Inc. Consumer Defensive	Added	4,289,586	+275,374	$282,297,654	+6.2%	4	$48.33	22.74%
		Added	4,753,914	+5,972	$239,502,187	+0.0%	11	unpriced	19.29%
		Held	3,212,444	0	$210,222,335	−13.1%	6	unpriced	16.93%
FIS	Fidelity National Information Services, Inc. Technology	Added	3,694,474	+214,454	$202,087,727	+6.9%	3	$68.63	16.28%
MRCY	Mercury Systems Inc Industrials	Added	4,394,641	+2,401,242	$152,010,632	+49.2%	8	$46.71	12.25%
SPY	Spdr S&P 500 ETF Trust	Reduced	221,133	-5,400	$98,023,836	+5.7%	14+	before history	7.90%
LDOS	Leidos Holdings, Inc. Technology	NEW	324,930	NEW	$28,749,806	NEW	1	$85.20	2.32%
		Added	2,474,398	+43,128	$28,455,577	−15.9%	4	unpriced	2.29%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.