INHERENT GROUP, LP
CIK
1749824
Location
NEW YORK, NY
Portfolio Value
Micro
$61,736,849
Diversification
Highly concentrated
Filing Date
Global Rank
#5,794
/ 7,307
▼ 160
· as of Sep 2024
Top Industry
Utilities - Regulated Electric
35.6%
3Y Alpha vs SPY
-23.7%
Period ended 1 year ago
Filed Nov 14, 2024 · 1y
19 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
-9.4%
SPY
+76.5%
Annualised alpha
-24.1%
Max drawdown
−40.1%
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
6 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024Top Position
35.6%
+1.5 pts
Top 5
98.9%
+8.1 pts
Top 10
100.0%
0.0 pts
HHI
2,602
Highly concentrated+331
Portfolio Trend
19 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Utilities | 35.6% | $21,977,800 |
| Basic Materials | 29.0% | $17,894,793 |
| Industrials | 19.6% | $12,116,250 |
| Healthcare | 7.6% | $4,696,891 |
| Financial Services | 7.1% | $4,399,840 |
| Consumer Defensive | 1.1% | $651,275 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BLDR | Builders FirstSource, Inc. | +47,500 | 62,500 | $12,116,250 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OEC | Orion S.A. | −38,000 | 1,004,761 | $17,894,793 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PAX | Patria Investments Ltd | 393,898 | $4,399,840 | |
| No positions match the current search. | ||||
6 positions ·
$61,736,849 total
· as of Sep 30, 2024
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NEE |
Nextera Energy Inc
Utilities
|
Held | 260,000 | $21,977,800 | 35.60% | |
| OEC |
Orion S.A.
Basic Materials
|
Reduced | 1,004,761 | $17,894,793 | 28.99% | |
| BLDR |
Builders FirstSource, Inc.
Industrials
|
Added | 62,500 | $12,116,250 | 19.63% | |
| SHC |
Sotera Health Co
Healthcare
|
Held | 281,251 | $4,696,891 | 7.61% | |
| PAX |
Patria Investments Ltd
Financial Services
|
NEW | 393,898 | $4,399,840 | 7.13% | |
| GROV |
Grove Collaborative Holdings, Inc.
Consumer Defensive
|
Held | 482,426 | $651,275 | 1.05% |