Indaba Capital Management, L.P. is an investment fund managing more than $77 billion ran by Zac Rosenberg. There are currently 3 companies in Rosenberg’s portfolio. The largest investments include ON24 and Snap One Holdings Corp, together worth $57.1 billion.
As of 7th August 2024, Indaba Capital Management, L.P.’s top holding is 4,240,256 shares of ON24 currently worth over $30.3 billion and making up 39.3% of the portfolio value.
Relative to the number of outstanding shares of ON24, Indaba Capital Management, L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 3,109,281 shares of Snap One Holdings Corp worth $26.8 billion.
The third-largest holding is Standard BioTools Inc worth $20 billion.
Currently, Indaba Capital Management, L.P.'s portfolio is worth at least $77 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.
The Indaba Capital Management, L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Zac Rosenberg serves as the Chief Compliance Officer at Indaba Capital Management, L.P..
There are companies that Indaba Capital Management, L.P. is getting rid of from its portfolio.
Indaba Capital Management, L.P. closed its position in Tabula Rasa HealthCare Inc on 14th August 2024.
It sold the previously owned 6,521,578 shares for $53.8 billion.
Zac Rosenberg also disclosed a decreased stake in Standard BioTools Inc by approximately 0.1%.
This leaves the value of the investment at $20 billion and 7,363,064 shares.
The two most similar investment funds to Indaba Capital Management, L.P. are Cyr and Point Break Capital Management. They manage $92 billion and $92.1 billion respectively.
Indaba Capital Management, L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 39.3% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% 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
approximately 0.1% 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 $334 million.
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 |
|---|---|---|---|
| Tabula Rasa HealthCare Inc |
Closed
6,521,578
|
$53,803,019,000 | |
| ON24, Inc. |
No change
4,240,256
|
$30,275,428,000 | 39.30% |
| Snap One Holdings Corp |
No change
3,109,281
|
$26,802,002,000 | 34.79% |
| Standard BioTools Inc |
1.12%
7,363,064
|
$19,953,903,000 | 25.90% |
| Hireright Holdings Corporati |
Closed
417,530
|
$4,722,264,000 | |
| No transactions found | |||
| Showing first 500 out of 5 holdings | |||