Ensemble Capital Management 13F annual report
Ensemble Capital Management is an investment fund managing more than $1.19 trillion ran by Matt Pearson. There are currently 22 companies in Mr. Pearson’s portfolio. The largest investments include Mastercard and Booking Inc, together worth $185 billion.
$1.19 trillion Assets Under Management (AUM)
As of 6th May 2024, Ensemble Capital Management’s top holding is 194,219 shares of Mastercard currently worth over $93.5 billion and making up 7.8% of the portfolio value.
Relative to the number of outstanding shares of Mastercard, Ensemble Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 25,279 shares of Booking Inc worth $91.7 billion, whose value grew 22.0% in the past six months.
The third-largest holding is Netflix worth $90.6 billion and the next is Alphabet Inc worth $87.3 billion, with 578,705 shares owned.
Currently, Ensemble Capital Management's portfolio is worth at least $1.19 trillion. 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 Ensemble Capital Management
The Ensemble Capital Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Matt Pearson serves as the Chief Compliance Officer at Ensemble Capital Management.
Recent trades
In the most recent 13F filing, Ensemble Capital Management revealed that it had increased its stake in
Broadridge Finl Solutions In and bought 40,786 additional shares worth around .
On the other hand, there are companies that Ensemble Capital Management is getting rid of from its portfolio.
Ensemble Capital Management closed its position in Texas Instrs Inc on 13th May 2024.
It sold the previously owned 3,240 shares for $552 million.
Matt Pearson also disclosed a decreased stake in Mastercard by approximately 0.1%.
This leaves the value of the investment at $93.5 billion and 194,219 shares.
One of the largest hedge funds
The two most similar investment funds to Ensemble Capital Management are London & Capital Asset Management Ltd and Dark Forest Capital Management L.P.. They manage $1.19 trillion and $1.19 trillion respectively.
Matt Pearson investment strategy
Ensemble Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 31.6% of
the total portfolio value.
The fund focuses on investments in the United States as
81.8% 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
77% 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 $148 billion.
The complete list of Ensemble Capital Management trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| Mastercard Incorporated |
5.00%
194,219
|
$93,530,044,000 | 7.85% |
| Booking Holdings Inc |
7.12%
25,279
|
$91,709,179,000 | 7.69% |
| Netflix Inc. |
23.40%
149,224
|
$90,628,212,000 | 7.60% |
| Alphabet Inc |
11.18%
578,705
|
$87,343,946,000 | 7.33% |
| Home Depot, Inc. |
6.82%
227,517
|
$87,275,521,000 | 7.32% |
| Broadridge Finl Solutions In |
11.84%
385,216
|
$78,915,350,000 | 6.62% |
| NVR Inc. |
6.92%
7,897
|
$63,965,384,000 | 5.37% |
| Analog Devices Inc. |
10.44%
315,031
|
$62,309,981,000 | 5.23% |
| Paychex Inc. |
31.30%
485,767
|
$59,652,188,000 | 5.00% |
| ServiceNow Inc |
8.49%
77,512
|
$59,095,149,000 | 4.96% |
| Ferrari N.V. |
7.43%
132,319
|
$57,683,145,000 | 4.84% |
| Masimo Corp |
1.57%
366,335
|
$53,796,295,000 | 4.51% |
| First Amern Finl Corp |
6.23%
836,322
|
$51,057,458,000 | 4.28% |
| Landstar Sys Inc |
44.38%
229,635
|
$44,264,443,000 | 3.71% |
| Idex Corporation |
122.63%
168,703
|
$41,166,906,000 | 3.45% |
| Nike, Inc. |
32.83%
432,026
|
$40,601,803,000 | 3.41% |
| Chipotle Mexican Grill |
53.26%
12,100
|
$35,171,917,000 | 2.95% |
| Illumina Inc |
0.37%
251,549
|
$34,542,709,000 | 2.90% |
| Fastenal Co. |
36.23%
381,441
|
$29,424,359,000 | 2.47% |
| Perimeter Solutions, SA |
0.20%
3,836,360
|
$28,465,791,000 | 2.39% |
| Watsco, Inc. |
31.10%
1,540
|
$665,234,000 | 0.06% |
| Starbucks Corp. |
4.57%
6,896
|
$630,225,000 | 0.05% |
| Texas Instrs Inc |
Closed
3,240
|
$552,290,000 | |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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