Deepcurrents Investment 13F annual report
Deepcurrents Investment is an investment fund managing more than $59.2 billion ran by Suzanne Horowitz. There are currently 19 companies in Mrs. Horowitz’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Western Digital, together worth $26.6 billion.
$59.2 billion Assets Under Management (AUM)
As of 7th August 2024, Deepcurrents Investment’s top holding is 26,160 shares of Spdr S&p 500 Etf Tr currently worth over $14.2 billion and making up 24.1% of the portfolio value.
In addition, the fund holds 163,715 shares of Western Digital worth $12.4 billion, whose value grew 9.8% in the past six months.
The third-largest holding is Biomarin Pharmaceutical worth $9.65 billion and the next is Manulife Finl Corp worth $3.47 billion, with 130,171 shares owned.
Currently, Deepcurrents Investment's portfolio is worth at least $59.2 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 Deepcurrents Investment
The Deepcurrents Investment office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Suzanne Horowitz serves as the Chief Compliance Officer at Deepcurrents Investment.
Recent trades
In the most recent 13F filing, Deepcurrents Investment revealed that it had opened a new position in
Manulife Finl Corp and bought 130,171 shares worth $3.47 billion.
The investment fund also strengthened its position in Western Digital by buying
1,018 additional shares.
This makes their stake in Western Digital total 163,715 shares worth $12.4 billion.
Western Digital soared 44.6% in the past year.
On the other hand, there are companies that Deepcurrents Investment is getting rid of from its portfolio.
Deepcurrents Investment closed its position in Microchip Technology on 14th August 2024.
It sold the previously owned 97,650 shares for $8.76 billion.
Suzanne Horowitz also disclosed a decreased stake in Spdr S&p 500 Etf Tr by 0.8%.
This leaves the value of the investment at $14.2 billion and 26,160 shares.
One of the smallest hedge funds
The two most similar investment funds to Deepcurrents Investment are Xr Securities and Brandywine Managers. They manage $59.2 billion and $59.3 billion respectively.
Suzanne Horowitz investment strategy
Deepcurrents Investment’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 21.4% of
the total portfolio value.
The fund focuses on investments in the United States as
42.1% 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
32% 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 $26.7 billion.
The complete list of Deepcurrents Investment 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
76.58%
26,160
|
$14,236,796,000 | 24.06% |
| Western Digital Corp. |
0.63%
163,715
|
$12,404,686,000 | 20.97% |
| Biomarin Pharmaceutical Inc. |
13.42%
117,182
|
$9,647,594,000 | 16.31% |
| Microchip Technology, Inc. |
Closed
97,650
|
$8,760,182,000 | |
| Spdr Ser Tr |
Closed
106,045
|
$5,331,942,000 | |
| Exxon Mobil Corp. |
Closed
31,600
|
$3,673,184,000 | |
| Manulife Finl Corp |
Opened
130,171
|
$3,467,755,000 | 5.86% |
| JD.com Inc |
Opened
112,774
|
$2,914,080,000 | 4.93% |
| Telus Corp. |
Opened
182,815
|
$2,767,819,000 | 4.68% |
| Core Scientific Inc New |
157.74%
255,162
|
$2,373,007,000 | 4.01% |
| Capital One Finl Corp |
Opened
13,988
|
$1,936,639,000 | 3.27% |
| iRhythm Technologies Inc |
Closed
16,600
|
$1,925,600,000 | |
| Envista Holdings Corp |
No change
100,489
|
$1,671,132,000 | 2.82% |
| Olink Hldg Ab |
Opened
63,041
|
$1,606,284,000 | 2.71% |
| Schlumberger Ltd. |
Opened
32,903
|
$1,552,364,000 | 2.62% |
| Euronet Worldwide Inc |
No change
14,425
|
$1,492,988,000 | 2.52% |
| Global Pmts Inc |
Opened
10,000
|
$967,000,000 | 1.63% |
| Sea Ltd |
Closed
14,804
|
$795,123,000 | |
| NeoGames S.A. |
Closed
22,702
|
$657,450,000 | |
| Whole Earth Brands, Inc. |
738.31%
122,904
|
$597,313,000 | 1.01% |
| Tilray Brands Inc |
190.22%
267,000
|
$443,220,000 | 0.75% |
| Progress Software Corp. |
Closed
7,060
|
$376,369,000 | |
| Ares Capital Corp |
No change
17,007
|
$354,426,000 | 0.60% |
| Occidental Pete Corp |
No change
4,000
|
$252,120,000 | 0.43% |
| Wells Fargo Co New |
41.19%
4,223
|
$250,804,000 | 0.42% |
| Synopsys, Inc. |
Opened
382
|
$227,313,000 | 0.38% |
| Eagle Bulk Shipping Inc |
Closed
3,528
|
$220,394,000 | |
| Zerofox Hldgs Inc |
Closed
10,153
|
$11,371,000 | |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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