Center Lake Capital Management 13F annual report
Center Lake Capital Management is an investment fund managing more than $51.5 billion ran by Adam Parker. There are currently 9 companies in Mr. Parker’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $20.8 billion.
$51.5 billion Assets Under Management (AUM)
As of 6th August 2024, Center Lake Capital Management’s top holding is 25,000 shares of Microsoft currently worth over $11.2 billion and making up 21.7% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Center Lake Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 50,000 shares of Amazon.com worth $9.66 billion, whose value fell 1.1% in the past six months.
The third-largest holding is VanEck ETF Trust worth $7.82 billion and the next is Transdigm worth $6.39 billion, with 5,000 shares owned.
Currently, Center Lake Capital Management's portfolio is worth at least $51.5 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Center Lake Capital Management
The Center Lake Capital Management office and employees reside in West Palm Beach, Florida. According to the last 13-F report filed with the SEC, Adam Parker serves as the CIO at Center Lake Capital Management.
Recent trades
In the most recent 13F filing, Center Lake Capital Management revealed that it had opened a new position in
National Storage Affiliates and bought 70,000 shares worth $2.89 billion.
The investment fund also strengthened its position in Microsoft by buying
7,500 additional shares.
This makes their stake in Microsoft total 25,000 shares worth $11.2 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Center Lake Capital Management is getting rid of from its portfolio.
Center Lake Capital Management closed its position in Intuit Inc on 13th August 2024.
It sold the previously owned 10,000 shares for $6.5 billion.
Adam Parker also disclosed a decreased stake in VanEck ETF Trust by 0.3%.
This leaves the value of the investment at $7.82 billion and 30,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Center Lake Capital Management are Lion Point Capital, L.P. and Sun Valley Gold. They manage $51.6 billion and $51.4 billion respectively.
Adam Parker investment strategy
Center Lake Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 37.7% of
the total portfolio value.
The fund focuses on investments in the United States as
77.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
67% of the total holdings value.
On the other hand, small-cap stocks make up 11.1% of the portfolio.
The average market cap of the portfolio companies is close to $452 billion.
The complete list of Center Lake Capital Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
42.86%
25,000
|
$11,173,750,000 | 21.69% |
| Amazon.com Inc. |
25.00%
50,000
|
$9,662,500,000 | 18.76% |
| VanEck ETF Trust |
25.00%
30,000
|
$7,821,000,000 | 15.18% |
| Intuit Inc |
Closed
10,000
|
$6,500,000,000 | |
| Transdigm Group Incorporated |
No change
5,000
|
$6,388,050,000 | 12.40% |
| Copart, Inc. |
No change
85,000
|
$4,603,600,000 | 8.94% |
| Alphabet Inc |
No change
25,000
|
$4,553,750,000 | 8.84% |
| NVIDIA Corp |
361.54%
30,000
|
$3,706,200,000 | 7.19% |
| National Storage Affiliates |
Opened
70,000
|
$2,885,400,000 | 5.60% |
| Costar Group, Inc. |
Closed
10,000
|
$966,000,000 | |
| Blend Labs, Inc. |
Closed
275,000
|
$893,750,000 | |
| Geo Group, Inc. |
91.67%
50,000
|
$718,000,000 | 1.39% |
| No transactions found | |||
| Showing first 500 out of 12 holdings | |||
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