CIK
1345471
Location
NEW YORK, NY
Portfolio Value
Mid
$3,606,374,549
Diversification
Highly concentrated
Filing Date
Global Rank
#827
/ 8,592
—
Top Industry
Asset Management
47.4%
3Y Alpha vs SPY
-6.3%
Period ended 3 months ago
Filed May 15, 2026 · 35d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+50.7%
SPY
+76.8%
Annualised alpha
-6.3%
Max drawdown
−25.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
7 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
45.4%
+4.9 pts
Top 5
99.9%
−0.1 pts
Top 10
100.0%
0.0 pts
HHI
3,327
Highly concentrated+231
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 47.4% | $1,709,213,115 |
| Industrials | 31.7% | $1,143,810,184 |
| Healthcare | 14.9% | $538,147,821 |
| Consumer Cyclical | 5.9% | $211,599,852 |
| Consumer Defensive | 0.1% | $3,603,577 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WEN | Wendy's Co | +5,704 | 30,446,022 | $211,599,852 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MICC | Magnum Ice Cream Co N.V. | 241,042 | $3,603,577 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
7 positions ·
$3,606,374,549 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| JHG |
Janus Henderson Group PLC
Financial Services
|
Held | 31,867,800 | $1,637,048,886 | 45.39% | |
| GE |
General Electric Co
Industrials
|
Held | 4,030,765 | $1,143,810,184 | 31.72% | |
| SOLV |
Solventum Corp
Healthcare
|
Held | 8,236,753 | $537,859,970 | 14.91% | |
| WEN |
Wendy's Co
Consumer Cyclical
|
Added | 30,446,022 | $211,599,852 | 5.87% | |
| IVZ |
Invesco Ltd.
Financial Services
|
Held | 2,970,944 | $72,164,229 | 2.00% | |
| MICC |
Magnum Ice Cream Co N.V.
Consumer Defensive
|
NEW | 241,042 | $3,603,577 | 0.10% | |
| GEHC |
GE HealthCare Technologies Inc.
Healthcare
|
Held | 4,044 | $287,851 | 0.01% |