Odey Asset Management Ltd 13F annual report
Odey Asset Management Ltd is an investment fund managing more than $381 billion ran by Neil Cowhig. There are currently 24 companies in Mr. Cowhig’s portfolio. The largest investments include Deutsche Bank A G and Noble Corp Plc, together worth $153 billion.
$381 billion Assets Under Management (AUM)
As of 8th May 2023, Odey Asset Management Ltd’s top holding is 8,030,443 shares of Deutsche Bank A G currently worth over $82 billion and making up 21.5% of the portfolio value.
In addition, the fund holds 1,796,836 shares of Noble Corp Plc worth $70.9 billion, whose value fell 8.9% in the past six months.
The third-largest holding is UBS AG worth $54.8 billion and the next is Ryanair Plc worth $36.3 billion, with 385,293 shares owned.
Currently, Odey Asset Management Ltd's portfolio is worth at least $381 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 Odey Asset Management Ltd
The Odey Asset Management Ltd office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Neil Cowhig serves as the Chief Compliance Officer at Odey Asset Management Ltd.
Recent trades
In the most recent 13F filing, Odey Asset Management Ltd revealed that it had opened a new position in
Deutsche Bank A G and bought 8,030,443 shares worth $82 billion.
The investment fund also strengthened its position in Barrick Gold by buying
417,619 additional shares.
This makes their stake in Barrick Gold total 1,157,942 shares worth $21.5 billion.
Barrick Gold dropped approximately 0.1% in the past year.
On the other hand, there are companies that Odey Asset Management Ltd is getting rid of from its portfolio.
Odey Asset Management Ltd closed its position in Peabody on 15th May 2023.
It sold the previously owned 1,727,272 shares for $36.8 million.
Neil Cowhig also disclosed a decreased stake in Banco Macro Sa by 0.2%.
This leaves the value of the investment at $22.1 billion and 1,241,871 shares.
One of the average hedge funds
The two most similar investment funds to Odey Asset Management Ltd are Peak Asset Management and Fractal Investments. They manage $381 billion and $381 billion respectively.
Neil Cowhig investment strategy
Odey Asset Management Ltd’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Energy — making up 19.0% of
the total portfolio value.
The fund focuses on investments in the United States as
29.2% 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
33% 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 $137 billion.
The complete list of Odey Asset Management Ltd trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Deutsche Bank A G |
Opened
8,030,443
|
$81,990,823,000 | 21.49% |
| Noble Corp Plc |
Opened
1,796,836
|
$70,921,117,000 | 18.59% |
| UBS Group AG |
Opened
2,566,348
|
$54,765,866,000 | 14.36% |
| Ryanair Holdings Plc |
Opened
385,293
|
$36,329,277,000 | 9.52% |
| Cadiz Inc. |
Opened
7,595,668
|
$30,686,499,000 | 8.04% |
| Banco Macro Sa |
21.20%
1,241,871
|
$22,117,723,000 | 5.80% |
| Barrick Gold Corp. |
56.41%
1,157,942
|
$21,502,983,000 | 5.64% |
| Stellantis N.V |
41.45%
1,051,457
|
$19,122,860,000 | 5.01% |
| Embotelladora Andina S.A. |
Opened
578,918
|
$9,002,175,000 | 2.36% |
| Sony Group Corporation |
Opened
70,738
|
$6,412,400,000 | 1.68% |
| Autolus Therapeutics plc |
Opened
2,499,400
|
$4,598,896,000 | 1.21% |
| Provention Bio, Inc. |
Opened
170,019
|
$4,097,458,000 | 1.07% |
| Alibaba Group Hldg Ltd |
Opened
37,000
|
$3,780,660,000 | 0.99% |
| Taiwan Semiconductor Mfg Ltd |
Opened
35,000
|
$3,255,700,000 | 0.85% |
| Charter Communications Inc N |
Opened
8,000
|
$2,860,880,000 | 0.75% |
| Las Vegas Sands Corp |
Opened
36,000
|
$2,068,200,000 | 0.54% |
| Alphabet Inc |
Opened
18,000
|
$1,867,140,000 | 0.49% |
| Exxon Mobil Corp. |
Opened
13,000
|
$1,425,580,000 | 0.37% |
| Palo Alto Networks Inc |
44.44%
6,500
|
$1,298,310,000 | 0.34% |
| Conocophillips |
Opened
10,000
|
$992,100,000 | 0.26% |
| Cameco Corp. |
Opened
35,000
|
$915,950,000 | 0.24% |
| Bank America Corp |
60.00%
30,000
|
$858,000,000 | 0.22% |
| Ericsson |
Opened
95,962
|
$561,378,000 | 0.15% |
| Peabody Energy Corp. |
Closed
1,727,272
|
$36,843,000 | |
| Freeline Therapeutics Hldgs |
Opened
30,131
|
$13,710,000 | 0.00% |
| Liberty Media Acquisition Co |
Closed
391,350
|
$3,851,000 | |
| Cnh Indl N V |
Closed
311,361
|
$3,609,000 | |
| Citrix Sys Inc |
Closed
28,668
|
$2,786,000 | |
| Abbvie Inc |
Closed
12,500
|
$1,915,000 | |
| Ollies Bargain Outlet Hldgs |
Closed
30,000
|
$1,763,000 | |
| CVR Partners LP |
Closed
10,000
|
$999,000 | |
| Amazon.com Inc. |
Closed
5,040
|
$535,000 | |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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