Riverpark Capital Management 13F annual report
Riverpark Capital Management is an investment fund managing more than $75.5 billion ran by Paul Genova. There are currently 39 companies in Mr. Genova’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $9.25 billion.
$75.5 billion Assets Under Management (AUM)
As of 19th July 2024, Riverpark Capital Management’s top holding is 39,150 shares of NVIDIA Corp currently worth over $4.84 billion and making up 6.4% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Riverpark Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 9,872 shares of Microsoft worth $4.41 billion, whose value grew 8.2% in the past six months.
The third-largest holding is Amazon.com worth $3.88 billion and the next is Meta Platforms Inc worth $3.75 billion, with 7,437 shares owned.
Currently, Riverpark Capital Management's portfolio is worth at least $75.5 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 Riverpark Capital Management
The Riverpark Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Paul Genova serves as the Chief Financial Officer at Riverpark Capital Management.
Recent trades
In the most recent 13F filing, Riverpark Capital Management revealed that it had opened a new position in
Grail Inc and bought 959 shares worth $14.7 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
35,313 additional shares.
This makes their stake in NVIDIA Corp total 39,150 shares worth $4.84 billion.
NVIDIA Corp dropped 72.8% in the past year.
On the other hand, there are companies that Riverpark Capital Management is getting rid of from its portfolio.
Riverpark Capital Management closed its position in RingCentral on 26th July 2024.
It sold the previously owned 20,330 shares for $706 million.
Paul Genova also disclosed a decreased stake in Netflix by 0.1%.
This leaves the value of the investment at $2.74 billion and 4,060 shares.
One of the smallest hedge funds
The two most similar investment funds to Riverpark Capital Management are Citadel Advisors and Mesirow Financial Investment Management - Fixed Income. They manage $75.6 billion and $75.6 billion respectively.
Paul Genova investment strategy
Riverpark Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 46.0% of
the total portfolio value.
The fund focuses on investments in the United States as
76.9% 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
79% 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 $286 billion.
The complete list of Riverpark Capital Management trades based on 13F SEC filings
These positions were updated on July 26th 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 |
|---|---|---|---|
| NVIDIA Corp |
920.33%
39,150
|
$4,836,591,000 | 6.41% |
| Microsoft Corporation |
1.88%
9,872
|
$4,412,290,000 | 5.85% |
| Amazon.com Inc. |
No change
20,089
|
$3,882,199,000 | 5.14% |
| Meta Platforms Inc |
No change
7,437
|
$3,749,884,000 | 4.97% |
| Apple Inc |
4.00%
16,823
|
$3,543,260,000 | 4.69% |
| Uber Technologies Inc |
5.20%
39,291
|
$2,855,670,000 | 3.78% |
| Netflix Inc. |
12.14%
4,060
|
$2,740,013,000 | 3.63% |
| Alphabet Inc |
5.27%
27,203
|
$4,972,163,000 | 6.59% |
| Shopify Inc |
22.49%
36,906
|
$2,437,641,000 | 3.23% |
| Booking Holdings Inc |
1.83%
589
|
$2,333,324,000 | 3.09% |
| Mastercard Incorporated |
No change
5,126
|
$2,261,386,000 | 3.00% |
| Intuitive Surgical Inc |
1.69%
5,067
|
$2,254,055,000 | 2.99% |
| Walt Disney Co/the |
No change
22,659
|
$2,249,812,000 | 2.98% |
| Blackstone Inc |
No change
17,615
|
$2,180,737,000 | 2.89% |
| Eli Lilly & Co |
7.93%
2,354
|
$2,131,265,000 | 2.82% |
| KKR & Co. Inc |
No change
19,179
|
$2,018,398,000 | 2.67% |
| Charles Schwab Corp/the |
11.45%
26,735
|
$1,970,102,000 | 2.61% |
| ServiceNow Inc |
6.17%
2,496
|
$1,963,528,000 | 2.60% |
| Intuit Inc |
No change
2,844
|
$1,869,105,000 | 2.48% |
| Visa Inc |
No change
6,310
|
$1,656,186,000 | 2.19% |
| Adobe Inc |
No change
2,864
|
$1,591,067,000 | 2.11% |
| Unitedhealth Group Inc |
15.67%
2,953
|
$1,503,845,000 | 1.99% |
| Costco Wholesale Corp |
No change
1,767
|
$1,501,932,000 | 1.99% |
| Nike, Inc. |
No change
19,894
|
$1,499,411,000 | 1.99% |
| Pinterest Inc |
13.12%
33,438
|
$1,473,613,000 | 1.95% |
| Workday Inc |
13.57%
5,960
|
$1,332,418,000 | 1.77% |
| Datadog Inc |
10.01%
9,972
|
$1,293,269,000 | 1.71% |
| Autodesk Inc. |
11.63%
4,885
|
$1,208,793,000 | 1.60% |
| Snap Inc |
27.12%
66,705
|
$1,107,970,000 | 1.47% |
| Zoetis Inc |
14.23%
6,012
|
$1,042,240,000 | 1.38% |
| Five9 Inc |
4.85%
21,139
|
$932,230,000 | 1.24% |
| Pepsico Inc |
3.44%
4,816
|
$794,303,000 | 1.05% |
| Illumina Inc |
27.55%
7,342
|
$766,358,000 | 1.02% |
| Mcdonald's Corp |
23.02%
2,987
|
$761,207,000 | 1.01% |
| RingCentral Inc. |
Closed
20,330
|
$706,264,000 | |
| Lockheed Martin Corp. |
No change
1,480
|
$691,308,000 | 0.92% |
| Lululemon Athletica inc. |
17.80%
2,204
|
$658,335,000 | 0.87% |
| Starbucks Corp. |
No change
7,155
|
$557,017,000 | 0.74% |
| Equinix Inc |
18.11%
574
|
$434,288,000 | 0.58% |
| Grail Inc |
Opened
959
|
$14,740,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
Hedge funds similar to Riverpark Capital Management
- Navis Wealth Advisors
- Gritstone Asset Management
- New York State Common Retirement Fund
- Mercer Investments
- Octahedron Capital Management L.P.
- Mesirow Financial Investment Management - Fixed Income
- Citadel Advisors
- Sonic Gp
- Ascendant Capital Management
- Capitol Family Office
- Mu Investments Co
- Klk Capital Management
- Kinnevik Ab (publ)
- Broadcrest Asset Management