Davidson Kempner Capital Management L.P. 13F annual report

Davidson Kempner Capital Management L.P. is an investment fund managing more than $3.03 trillion ran by Eric Sacks. There are currently 115 companies in Mr. Sacks’s portfolio. The largest investments include WestRock Co and Endeavor Group Hldgs Inc, together worth $667 billion.

Limited to 30 biggest holdings

$3.03 trillion Assets Under Management (AUM)

As of 7th August 2024, Davidson Kempner Capital Management L.P.’s top holding is 9,187,866 shares of WestRock Co currently worth over $462 billion and making up 15.2% of the portfolio value. Relative to the number of outstanding shares of WestRock Co, Davidson Kempner Capital Management L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 7,585,563 shares of Endeavor Group Hldgs Inc worth $205 billion. The third-largest holding is Arko worth $145 billion and the next is Western Digital worth $106 billion, with 1,398,358 shares owned.

Currently, Davidson Kempner Capital Management L.P.'s portfolio is worth at least $3.03 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 Davidson Kempner Capital Management L.P.

The Davidson Kempner Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eric Sacks serves as the Chief Financial Officer at Davidson Kempner Capital Management L.P..

Recent trades

In the most recent 13F filing, Davidson Kempner Capital Management L.P. revealed that it had opened a new position in Endeavor Group Hldgs Inc and bought 7,585,563 shares worth $205 billion.

The investment fund also strengthened its position in WestRock Co by buying 1,295,601 additional shares. This makes their stake in WestRock Co total 9,187,866 shares worth $462 billion. WestRock Co soared 54.0% in the past year.

On the other hand, there are companies that Davidson Kempner Capital Management L.P. is getting rid of from its portfolio. Davidson Kempner Capital Management L.P. closed its position in Pioneer Nat Res Co on 14th August 2024. It sold the previously owned 3,489,317 shares for $916 billion. Eric Sacks also disclosed a decreased stake in Western Digital by approximately 0.1%. This leaves the value of the investment at $106 billion and 1,398,358 shares.

One of the largest hedge funds

The two most similar investment funds to Davidson Kempner Capital Management L.P. are Soros Fund Management and Nepc. They manage $3.03 trillion and $3.03 trillion respectively.


Eric Sacks investment strategy

Davidson Kempner Capital Management L.P.’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Materials — making up 17.8% of the total portfolio value. The fund focuses on investments in the United States as 48.7% 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 30% of the total holdings value. On the other hand, small-cap stocks make up only 3.5% of the portfolio. The average market cap of the portfolio companies is close to $108 billion.

The complete list of Davidson Kempner Capital Management L.P. 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
Pioneer Nat Res Co
Closed
3,489,317
$915,945,712,000
WestRock Co
16.42%
9,187,866
$461,782,145,000 15.25%
Endeavor Group Hldgs Inc
Opened
7,585,563
$205,037,768,000 6.77%
Arko Corp.
No change
23,139,671
$144,622,944,000 4.77%
Western Digital Corp.
9.86%
1,398,358
$105,939,602,000 3.50%
Amazon.com Inc.
4.70%
545,000
$105,370,300,000 3.48%
Playa Hotels & Resorts Nv
No change
12,242,519
$102,592,309,000 3.39%
T-Mobile US, Inc.
8.05%
570,774
$100,547,548,000 3.32%
Angel Oak Mortgage Reit Inc
No change
7,389,791
$96,806,262,000 3.20%
Us Foods Hldg Corp
17.50%
1,709,993
$90,595,429,000 2.99%
Dollar Gen Corp New
Closed
559,563
$87,325,402,000
Meta Platforms Inc
19.48%
162,959
$82,113,411,000 2.71%
Kenvue Inc
101.09%
4,029,352
$73,253,619,000 2.42%
Dutch Bros Inc.
43.45%
1,585,159
$65,625,583,000 2.17%
Equitrans Midstream Corporation
Closed
5,215,450
$65,140,970,000
Corebridge Finl Inc
29.03%
2,190,891
$63,798,746,000 2.11%
RH
Closed
181,000
$63,035,060,000
RTX Corp
Closed
635,000
$61,931,550,000
Starbucks Corp.
Closed
578,324
$52,824,114,000
Zillow Group Inc
25.81%
1,044,782
$48,488,333,000 1.60%
Emerson Elec Co
Closed
410,000
$46,502,200,000
Salesforce Inc
16.07%
175,000
$44,992,500,000 1.49%
Teck Resources Ltd
270.60%
927,434
$44,424,089,000 1.47%
Booking Holdings Inc
11.11%
10,000
$39,587,300,000 1.31%
Home Depot, Inc.
Closed
91,707
$35,178,805,000
Transdigm Group Incorporated
Opened
27,500
$35,134,275,000 1.16%
Johnson Ctls Intl Plc
Opened
510,000
$33,899,700,000 1.12%
Take-two Interactive Softwar
Opened
203,930
$31,707,036,000 1.05%
Aercap Holdings Nv
Opened
340,000
$31,688,000,000 1.05%
Uber Technologies Inc
70.00%
425,000
$30,889,000,000 1.02%
Target Corp
Closed
165,000
$29,239,650,000
Vulcan Matls Co
4.08%
117,500
$29,219,900,000 0.96%
Burlington Stores Inc
Closed
125,000
$29,023,750,000
Teva Pharmaceutical Inds Ltd
152.45%
1,765,485
$28,689,131,000 0.95%
Algonquin Pwr Utils Corp
79.78%
4,634,250
$27,156,705,000 0.90%
Constellation Energy Corp
425.76%
132,466
$26,502,473,000 0.87%
Apple Inc
Opened
120,000
$25,239,600,000 0.83%
Linde Plc.
29.41%
57,501
$25,232,014,000 0.83%
Restaurant Brands International Inc
Closed
302,641
$24,044,827,000
TE Connectivity Ltd
Closed
165,000
$23,964,600,000
AT&T Inc.
Opened
1,250,000
$23,887,500,000 0.79%
Procore Technologies, Inc.
Closed
286,014
$23,501,770,000
Frontier Communications Pare
No change
883,000
$23,134,600,000 0.76%
Microsoft Corporation
No change
50,000
$22,338,500,000 0.74%
Mastercard Incorporated
No change
50,000
$22,058,000,000 0.73%
Texas Roadhouse Inc
Opened
125,000
$21,462,500,000 0.71%
DraftKings Inc.
8.29%
531,906
$20,302,852,000 0.67%
Electronic Arts, Inc.
Opened
144,000
$20,067,840,000 0.66%
Fidelity Natl Information Sv
Opened
265,701
$20,023,227,000 0.66%
Wayfair Inc
80.68%
375,394
$19,794,526,000 0.65%
Chatham Lodging Tr
No change
2,303,259
$19,623,767,000 0.65%
Canadian Pacific Kansas City
Opened
245,000
$19,295,541,000 0.64%
KBR Inc
913.14%
298,956
$19,175,038,000 0.63%
Match Group Inc.
10.18%
620,184
$18,834,988,000 0.62%
Chewy Inc
Opened
688,668
$18,759,316,000 0.62%
Snap Inc
327.00%
1,118,117
$18,571,923,000 0.61%
Kirby Corp.
10.71%
155,000
$18,558,150,000 0.61%
Lamb Weston Holdings Inc
Closed
170,000
$18,110,100,000
Regal Rexnord Corporation
Closed
100,000
$18,010,000,000
NIO Inc
Closed
4,000,000
$18,000,000,000
Parker-Hannifin Corp.
Opened
35,000
$17,703,350,000 0.58%
Marvell Technology Inc
26.50%
250,000
$17,482,500,000 0.58%
Sweetgreen, Inc.
40.11%
575,000
$17,330,500,000 0.57%
Dominos Pizza Inc
Opened
32,500
$16,780,725,000 0.55%
Carlisle Cos Inc
Closed
42,500
$16,653,625,000
Monster Beverage Corp.
Closed
280,000
$16,590,000,000
Uniti Group Inc
17.72%
5,480,000
$16,001,600,000 0.53%
Atmus Filtration Technologie
Opened
537,703
$15,475,092,000 0.51%
Gxo Logistics Incorporated
Opened
300,000
$15,150,000,000 0.50%
Shell Plc
41.34%
205,333
$14,820,936,000 0.49%
Texas Instrs Inc
Opened
75,000
$14,580,000,000 0.48%
Kilroy Rlty Corp
No change
454,167
$14,156,385,000 0.47%
3M Co.
Opened
135,000
$13,795,650,000 0.46%
Viking Holdings Ltd
Opened
400,000
$13,576,000,000 0.45%
C.H. Robinson Worldwide, Inc.
Opened
150,000
$13,215,000,000 0.44%
Spotify Technology S.A.
Closed
50,000
$13,195,000,000
Datadog Inc
33.33%
100,000
$12,966,000,000 0.43%
Rivian Automotive, Inc.
Closed
1,165,978
$12,779,119,000
Atkore Inc
Closed
65,000
$12,373,400,000
Patterson-UTI Energy Inc
Closed
1,000,000
$11,920,000,000
Saia Inc.
Closed
20,000
$11,666,400,000
Wendys Co
Opened
650,000
$11,017,500,000 0.36%
Rockwell Automation Inc
Opened
40,000
$11,011,200,000 0.36%
Matador Res Co
Closed
160,000
$10,676,800,000
Cerevel Therapeutics Hldng I
Opened
260,399
$10,647,715,000 0.35%
Applovin Corp
150.00%
125,000
$10,397,500,000 0.34%
Seagate Technology Hldngs Pl
44.80%
100,000
$10,327,000,000 0.34%
Walmart Inc
Opened
150,000
$10,156,500,000 0.34%
Global Net Lease, Inc.
No change
1,337,000
$9,826,950,000 0.32%
General Electric Co
Closed
55,000
$9,654,150,000
Astera Labs Inc
Closed
129,300
$9,587,595,000
Boeing Co.
Closed
49,274
$9,509,389,000
Tko Group Holdings Inc
Closed
107,802
$9,315,171,000
Select Sector Spdr Tr
Opened
131,400
$8,953,596,000 0.30%
Bath & Body Works Inc
77.28%
219,733
$8,580,574,000 0.28%
Snowflake Inc.
Opened
62,500
$8,443,125,000 0.28%
Core & Main, Inc.
Closed
145,000
$8,301,250,000
Compass, Inc.
53.99%
2,295,421
$8,263,516,000 0.27%
General Mtrs Co
Closed
175,000
$7,936,250,000
Gap, Inc.
64.29%
325,000
$7,764,250,000 0.26%
Willscot Mobil Mini Hldng Co
Closed
165,403
$7,686,277,000
American Airls Group Inc
Closed
500,005
$7,665,077,000
International Paper Co.
Opened
175,000
$7,551,250,000 0.25%
Deckers Outdoor Corp.
Opened
7,500
$7,259,625,000 0.24%
Arista Networks Inc
Closed
25,000
$7,249,500,000
Analog Devices Inc.
Closed
35,798
$7,082,276,000
Ul Solutions Inc
Opened
165,000
$6,961,350,000 0.23%
Cytokinetics Inc
242.88%
126,438
$6,836,503,000 0.23%
CyberArk Software Ltd
No change
25,000
$6,828,750,000 0.23%
Aptiv PLC
Opened
95,000
$6,689,900,000 0.22%
R1 RCM Inc.
Opened
519,935
$6,530,384,000 0.22%
Cava Group Inc
12.50%
70,000
$6,492,500,000 0.21%
Maplebear Inc
Opened
200,000
$6,424,000,000 0.21%
Shockwave Med Inc
Closed
19,480
$6,331,584,000
Best Buy Co. Inc.
Opened
75,000
$6,321,750,000 0.21%
NVIDIA Corp
Opened
50,000
$6,170,500,000 0.20%
Hunt J B Trans Svcs Inc
Closed
30,000
$5,973,600,000
Reddit Inc
Closed
120,000
$5,918,400,000
Braemar Hotels & Resorts Inc
No change
2,300,700
$5,866,785,000 0.19%
Lululemon Athletica inc.
Closed
15,000
$5,859,450,000
Fedex Corp
Closed
20,000
$5,794,800,000
Cnh Indl N V
Closed
432,839
$5,609,593,000
Anheuser-Busch InBev SA/NV
34.48%
95,000
$5,524,250,000 0.18%
Dell Technologies Inc
Opened
40,000
$5,516,400,000 0.18%
Studio City Intl Hldgs Ltd
No change
920,150
$5,382,878,000 0.18%
BWX Technologies Inc
10.91%
56,081
$5,327,695,000 0.18%
Life Time Group Holdings, Inc.
63.48%
279,853
$5,269,632,000 0.17%
Super Micro Computer Inc
Closed
5,000
$5,050,150,000
Delta Air Lines, Inc.
Opened
100,375
$4,761,790,000 0.16%
Cardlytics Inc
No change
550,000
$4,504,500,000 0.15%
Ccc Intelligent Solutions Hl
Opened
400,000
$4,432,000,000 0.15%
Pacs Group Inc
Opened
150,000
$4,425,000,000 0.15%
Dana Inc
Closed
346,174
$4,396,410,000
Waystar Hldg Corp
Opened
200,000
$4,300,000,000 0.14%
e.l.f. Beauty Inc
Opened
20,000
$4,214,400,000 0.14%
Hain Celestial Group Inc
Closed
511,252
$4,008,216,000
Live Nation Entertainment In
Opened
42,515
$3,985,356,000 0.13%
Warner Bros.Discovery Inc
24.90%
480,739
$3,581,506,000 0.12%
Levi Strauss & Co.
Opened
166,937
$3,218,545,000 0.11%
Loar Holdings Inc
Opened
60,000
$3,204,600,000 0.11%
Silvaco Group Inc
Opened
177,000
$3,182,460,000 0.11%
Trinity Pl Hldgs Inc
No change
25,862,245
$3,025,883,000 0.10%
Amer Sports Inc
Closed
168,750
$2,750,625,000
Brightspring Health Svcs Inc
Closed
250,000
$2,717,500,000
VNET Group Inc
No change
1,299,989
$2,716,977,000 0.09%
Rubrik Inc.
Opened
85,000
$2,606,100,000 0.09%
Tempus Ai Inc
Opened
65,000
$2,271,100,000 0.07%
TotalEnergies SE
Opened
27,444
$1,829,966,000 0.06%
American Healthcare Reit Inc
Closed
115,000
$1,696,250,000
Liberty Global Ltd
12.70%
97,067
$1,691,878,000 0.06%
Webtoon Entmt Inc
Opened
70,000
$1,610,000,000 0.05%
Centuri Holdings Inc
Opened
77,000
$1,499,960,000 0.05%
Vacasa Inc
No change
237,556
$1,145,020,000 0.04%
Strategic Ed Inc
Closed
10,998
$1,142,912,000
Caesars Entertainment Inc Ne
Closed
25,000
$1,093,000,000
SMART Global Holdings Inc
Opened
43,725
$999,554,000 0.03%
Talkspace Inc
25.84%
406,029
$925,746,000 0.03%
Elanco Animal Health Inc
Opened
58,143
$839,003,000 0.03%
Ibotta Inc
Opened
10,600
$796,696,000 0.03%
Acorda Therapeutics Inc
Closed
55,145
$689,312,000
Kyverna Therapeutics Inc
Closed
20,000
$495,200,000
Esperion Therapeutics Inc Ne
No change
222,482
$489,460,000 0.02%
Bowhead Specialty Hldgs Inc
Opened
10,000
$253,400,000 0.01%
Rapport Therapeutics Inc
Opened
10,000
$228,600,000 0.01%
Aeon Biopharma Inc
Opened
90,053
$94,556,000 0.00%
No transactions found
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