Conifer Management, L.L.C.
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $4,531,545,388 | Pooled investment vehicles (100%) |
| Apr 2025 to Mar 2026 | $4,661,873,385 | Pooled investment vehicles (100%) |
| Apr 2024 to Mar 2025 | $4,602,060,784 | Pooled investment vehicles (100%) |
| May 2023 to Mar 2024 | $4,584,197,607 | Pooled investment vehicles (100%) |
| Apr 2023 | $4,584,197,607 | Pooled investment vehicles (100%) |
| Apr 2022 to Mar 2023 | $6,862,113,282 | Pooled investment vehicles (100%) |
Schedule 13D/13G stakes
Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.
| Company | Schedule | Event date | Filed | Shares | % of class | Status |
|---|---|---|---|---|---|---|
| GPI Group 1 Automotive Inc | 13D/A not restated by this amendment, the earlier 13D's purpose stands | Oct 23, 2026 | 9d | 2,012,290 | 16.9% | Current |
| AIIR AIR Global PLC | 13G | Jun 30, 2026 | 3mo | 9,666,791 | 6% | Current |
| BUR Burford Capital Ltd | 13G | Dec 31, 2025 | 9mo | 12,148,278 | 5.6% | Current |
| SDHC Smith Douglas Homes Corp. | 13G/A | Oct 31, 2025 | 12mo | 1,349,600 | 15% | Current |
| RMNI Rimini Street, Inc. | 13G/A | Dec 31, 2023 | 2y | 5,913,199 | 6.62% | Unconfirmed since Dec 31, 2023 |
A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 99.7%; sector active share 66.2% against the combined 13F book's sector weights.
Over time 26 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.
View clone backtestPortfolio Concentration
6 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 46.4% | $281,561,390 |
| Financial Services | 30.4% | $184,296,000 |
| Consumer Defensive | 10.6% | $64,380,828 |
| Technology | 8.9% | $54,146,227 |
| Real Estate | 3.7% | $22,274,259 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GPI | Group 1 Automotive Inc | +211,968 | 967,000 | $281,561,390 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AIIR | AIR Global PLC | 9,666,791 | $64,380,828 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LAD | Lithia Motors Inc | 212,000 | $52,940,640 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GPI |
Group 1 Automotive Inc
Consumer Cyclical
|
Added | 967,000 | $281,561,390 | 46.41% | |
| EQH |
Equitable Holdings, Inc.
Financial Services
|
Held | 4,200,000 | $184,296,000 | 30.38% | |
| AIIR |
AIR Global PLC
Consumer Defensive
|
NEW | 9,666,791 | $64,380,828 | 10.61% | |
| MNDY |
monday.com Ltd.
Technology
|
Held | 400,000 | $28,956,000 | 4.77% | |
| RMNI |
Rimini Street, Inc.
Technology
|
Held | 5,913,199 | $25,190,227 | 4.15% | |
| SDHC |
Smith Douglas Homes Corp.
Real Estate
|
Held | 1,433,350 | $22,274,259 | 3.67% |
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.