Miura Global Management 13F annual report
Miura Global Management is an investment fund managing more than $103 billion ran by Joseph Luca. There are currently 22 companies in Mr. Luca’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $26.2 billion.
$103 billion Assets Under Management (AUM)
As of 7th August 2024, Miura Global Management’s top holding is 35,000 shares of Microsoft currently worth over $15.6 billion and making up 15.3% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Miura Global Management owns more than approximately 0.1% of the company.
In addition, the fund holds 50,000 shares of Apple Inc worth $10.5 billion, whose value grew 18.1% in the past six months.
The third-largest holding is NVIDIA Corp worth $8.65 billion and the next is Boston Scientific worth $8.47 billion, with 110,000 shares owned.
Currently, Miura Global Management's portfolio is worth at least $103 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 Miura Global Management
The Miura Global Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Joseph Luca serves as the Chief Financial Officer at Miura Global Management.
Recent trades
In the most recent 13F filing, Miura Global Management revealed that it had opened a new position in
Apple Inc and bought 50,000 shares worth $10.5 billion.
This means they effectively own approximately 0.1% of the company.
Apple Inc makes up
47.1%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 21.2% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
62,000 additional shares.
This makes their stake in NVIDIA Corp total 70,000 shares worth $8.65 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Miura Global Management is getting rid of from its portfolio.
Miura Global Management closed its position in Gallagher Arthur J & Co on 14th August 2024.
It sold the previously owned 22,500 shares for $5.63 billion.
Joseph Luca also disclosed a decreased stake in Microsoft by 0.1%.
This leaves the value of the investment at $15.6 billion and 35,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Miura Global Management are Heritage Wealth Management, ca/ and Bennett Associates Wealth Management. They manage $103 billion and $103 billion respectively.
Joseph Luca investment strategy
Miura Global Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 40.4% of
the total portfolio value.
The fund focuses on investments in the United States as
72.7% 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
64% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $292 billion.
The complete list of Miura Global Management trades based on 13F SEC filings
These positions were updated on August 14th 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 |
12.50%
35,000
|
$15,643,250,000 | 15.25% |
| Apple Inc |
Opened
50,000
|
$10,531,000,000 | 10.27% |
| NVIDIA Corp |
775.00%
70,000
|
$8,647,800,000 | 8.43% |
| Boston Scientific Corp. |
4.35%
110,000
|
$8,471,100,000 | 8.26% |
| Gallagher Arthur J & Co |
Closed
22,500
|
$5,625,900,000 | |
| Transdigm Group Incorporated |
14.29%
4,000
|
$5,110,440,000 | 4.98% |
| Eli Lilly & Co |
21.43%
5,500
|
$4,979,590,000 | 4.86% |
| Appfolio Inc |
28.00%
18,000
|
$4,402,260,000 | 4.29% |
| United Rentals, Inc. |
Closed
6,000
|
$4,326,660,000 | |
| Amazon.com Inc. |
26.67%
22,000
|
$4,251,500,000 | 4.15% |
| Visa Inc |
Closed
15,000
|
$4,186,200,000 | |
| Qualcomm, Inc. |
Opened
21,000
|
$4,182,780,000 | 4.08% |
| Netflix Inc. |
33.33%
6,000
|
$4,049,280,000 | 3.95% |
| Meta Platforms Inc |
60.00%
8,000
|
$4,033,760,000 | 3.93% |
| Interactive Brokers Group In |
Closed
35,000
|
$3,909,850,000 | |
| nVent Electric plc |
150.00%
50,000
|
$3,830,500,000 | 3.74% |
| Emcor Group, Inc. |
28.57%
10,000
|
$3,650,800,000 | 3.56% |
| Adma Biologics Inc |
Opened
300,000
|
$3,354,000,000 | 3.27% |
| Burford Cap Ltd |
9.09%
250,000
|
$3,262,500,000 | 3.18% |
| Royal Caribbean Group |
Opened
20,000
|
$3,188,600,000 | 3.11% |
| Eaton Corp Plc |
Closed
10,000
|
$3,126,800,000 | |
| Moodys Corp |
Opened
6,600
|
$2,778,138,000 | 2.71% |
| Ferrari N.V. |
14.29%
6,000
|
$2,450,220,000 | 2.39% |
| Deckers Outdoor Corp. |
20.00%
2,000
|
$1,935,900,000 | 1.89% |
| Repligen Corp. |
50.00%
15,000
|
$1,890,900,000 | 1.84% |
| Cheniere Energy Inc. |
Closed
10,000
|
$1,612,800,000 | |
| BWX Technologies Inc |
Closed
15,000
|
$1,539,300,000 | |
| Danaher Corp. |
66.67%
5,000
|
$1,249,250,000 | 1.22% |
| Shopify Inc |
71.43%
10,000
|
$660,500,000 | 0.64% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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