Kensico Capital Management Corp 13F annual report

Kensico Capital Management Corp is an investment fund managing more than $2.36 trillion ran by Gino Labruzzo. There are currently 23 companies in Mr. Labruzzo’s portfolio. The largest investments include Howmet Aerospace and Fair, Isaac, together worth $514 billion.

$2.36 trillion Assets Under Management (AUM)

As of 7th November 2023, Kensico Capital Management Corp’s top holding is 5,981,600 shares of Howmet Aerospace currently worth over $277 billion and making up 11.7% of the portfolio value. Relative to the number of outstanding shares of Howmet Aerospace, Kensico Capital Management Corp owns less than approximately 0.1% of the company. In addition, the fund holds 273,633 shares of Fair, Isaac worth $238 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Visa Inc worth $215 billion and the next is Microsoft worth $175 billion, with 553,500 shares owned.

Currently, Kensico Capital Management Corp's portfolio is worth at least $2.36 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 Kensico Capital Management Corp

The Kensico Capital Management Corp office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Gino Labruzzo serves as the CHIEF OPERATING OFFICER at Kensico Capital Management Corp.

Recent trades

In the most recent 13F filing, Kensico Capital Management Corp revealed that it had opened a new position in Alphabet Inc and bought 1,162,800 shares worth $152 billion. This means they effectively own approximately 0.1% of the company. Alphabet Inc makes up 20.9% of the fund's Technology sector allocation and has grown its share price by 38.0% in the past year.

The investment fund also strengthened its position in Microsoft by buying 42,200 additional shares. This makes their stake in Microsoft total 553,500 shares worth $175 billion. Microsoft soared 51.8% in the past year.

On the other hand, there are companies that Kensico Capital Management Corp is getting rid of from its portfolio. Kensico Capital Management Corp closed its position in Unitedhealth Inc on 14th November 2023. It sold the previously owned 336,800 shares for $170 million. Gino Labruzzo also disclosed a decreased stake in Howmet Aerospace by 0.2%. This leaves the value of the investment at $277 billion and 5,981,600 shares.

One of the largest hedge funds

The two most similar investment funds to Kensico Capital Management Corp are Hbk Sorce Advisory and Cambiar Investors. They manage $2.35 trillion and $2.35 trillion respectively.

Gino Labruzzo investment strategy

Kensico Capital Management Corp’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Technology — making up 30.9% of the total portfolio value. The fund focuses on investments in the United States as 65.2% 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 48% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $252 billion.

The complete list of Kensico Capital Management Corp trades based on 13F SEC filings

These positions were updated on November 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
Howmet Aerospace Inc.	17.14% 5,981,600	$276,649,000,000	11.74%
Fair, Isaac Corp.	14.01% 273,633	$237,658,469,000	10.08%
Visa Inc	9.21% 936,300	$215,358,363,000	9.14%
Microsoft Corporation	8.25% 553,500	$174,767,625,000	7.42%
Brunswick Corp.	13.71% 1,946,200	$153,749,800,000	6.52%
Alphabet Inc	Opened 1,162,800	$152,164,008,000	6.46%
Equifax, Inc.	Opened 740,000	$135,553,200,000	5.75%
Salesforce Inc	Opened 619,700	$125,662,766,000	5.33%
Cheniere Energy Inc.	9.21% 745,400	$123,706,584,000	5.25%
Fiserv, Inc.	0.91% 1,008,100	$113,874,976,000	4.83%
Intercontinental Exchange In	549.07% 908,700	$99,975,174,000	4.24%
Progressive Corp.	Opened 642,500	$89,500,250,000	3.80%
Applovin Corp	23.13% 1,970,000	$78,721,200,000	3.34%
Stanley Black & Decker Inc	Opened 658,200	$55,012,356,000	2.33%
Amazon.com Inc.	13.12% 404,000	$51,356,480,000	2.18%
ATI Inc	43.37% 1,190,000	$48,968,500,000	2.08%
IQVIA Holdings Inc	30.38% 240,200	$47,259,350,000	2.01%
Adobe Systems Incorporated	35.27% 90,620	$46,207,138,000	1.96%
Intel Corp.	Opened 1,083,900	$38,532,645,000	1.64%
Lithia Mtrs Inc	Opened 113,000	$33,372,290,000	1.42%
Net Power Inc	Opened 1,945,800	$29,381,580,000	1.25%
Asbury Automotive Group Inc	Opened 103,000	$23,697,210,000	1.01%
Altus Power Inc	9.23% 1,067,000	$5,601,750,000	0.24%
Unitedhealth Group Inc	Closed 336,800	$170,097,000
Sealed Air Corp.	Closed 2,680,000	$119,287,000
Meta Platforms Inc	Closed 689,100	$93,497,000
Archaea Energy Inc	Closed 3,800,000	$68,438,000
Fidelity Natl Information Sv	Closed 715,000	$54,033,000
Humana Inc.	Closed 108,000	$52,401,000
Dorian LPG Ltd	Closed 2,075,000	$28,158,000
Rice Acquisition Corp. II	Closed 2,500,000	$24,675,000
Msd Acquisition Corp	Closed 2,139,500	$21,202,000
Equitrans Midstream Corporation	Closed 2,361,000	$17,660,000
Humanco Acquisition Corp	Closed 882,600	$8,791,000
Afternext Healthtech Acquisi	Closed 533,600	$5,213,000
Columbia Sportswear Co.	Closed 45,000	$3,029,000
IAC Inc	Closed 20,000	$1,108,000
No transactions found
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