Otter Creek Advisors 13F annual report

Otter Creek Advisors is an investment fund managing more than $154 billion ran by Justin Beals. There are currently 39 companies in Mr. Beals’s portfolio. The largest investments include Vertiv Co and Parsons Corp, together worth $18.7 billion.

Limited to 30 biggest holdings

$154 billion Assets Under Management (AUM)

As of 30th July 2024, Otter Creek Advisors’s top holding is 122,479 shares of Vertiv Co currently worth over $10.6 billion and making up 6.9% of the portfolio value. Relative to the number of outstanding shares of Vertiv Co, Otter Creek Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 99,198 shares of Parsons Corp worth $8.12 billion, whose value grew 35.4% in the past six months. The third-largest holding is Alphabet Inc worth $7.95 billion and the next is The Baldwin Insurance Grp In worth $6.62 billion, with 186,615 shares owned.

Currently, Otter Creek Advisors's portfolio is worth at least $154 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 Otter Creek Advisors

The Otter Creek Advisors office and employees reside in Palm Beach Gardens, Florida. According to the last 13-F report filed with the SEC, Justin Beals serves as the Chief Operating Officer at Otter Creek Advisors.

Recent trades

In the most recent 13F filing, Otter Creek Advisors revealed that it had opened a new position in Coherent Corp and bought 69,592 shares worth $5.04 billion. This means they effectively own approximately 0.1% of the company. Coherent Corp makes up 14.0% of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Vertiv Co by buying 22,698 additional shares. This makes their stake in Vertiv Co total 122,479 shares worth $10.6 billion. Vertiv Co dropped approximately 0.1% in the past year.

On the other hand, there are companies that Otter Creek Advisors is getting rid of from its portfolio. Otter Creek Advisors closed its position in Jacobs Solutions Inc on 6th August 2024. It sold the previously owned 35,299 shares for $5.43 billion. Justin Beals also disclosed a decreased stake in Amazon.com by 0.2%. This leaves the value of the investment at $5.04 billion and 26,062 shares.

One of the smallest hedge funds

The two most similar investment funds to Otter Creek Advisors are Alibaba Ltd and Cobblestone Asset Management. They manage $154 billion and $154 billion respectively.


Justin Beals investment strategy

Otter Creek Advisors’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 31.0% of the total portfolio value. The fund focuses on investments in the United States as 61.5% 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 49% 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 $192 billion.

The complete list of Otter Creek Advisors trades based on 13F SEC filings

These positions were updated on August 6th 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
Vertiv Holdings Co
22.75%
122,479
$10,603,007,000 6.88%
Parsons Corp
15.88%
99,198
$8,115,389,000 5.27%
Alphabet Inc
110.24%
43,672
$7,954,855,000 5.16%
The Baldwin Insurance Grp In
24.20%
186,615
$6,619,232,000 4.30%
Broadcom Inc
16.24%
4,080
$6,550,562,000 4.25%
Microsoft Corporation
97.12%
13,700
$6,123,215,000 3.97%
Jacobs Solutions Inc
Closed
35,299
$5,426,515,000
Coherent Corp
Opened
69,592
$5,042,637,000 3.27%
Amazon.com Inc.
15.66%
26,062
$5,036,482,000 3.27%
Corning, Inc.
Opened
128,649
$4,998,015,000 3.24%
Meta Platforms Inc
13.16%
9,900
$4,991,778,000 3.24%
Tjx Cos Inc New
No change
44,800
$4,932,480,000 3.20%
Visa Inc
17.91%
18,433
$4,838,110,000 3.14%
Gallagher Arthur J & Co
No change
18,500
$4,797,235,000 3.11%
GE Aerospace
18.80%
29,700
$4,721,409,000 3.06%
Quanta Svcs Inc
79.10%
18,508
$4,702,698,000 3.05%
Fiserv, Inc.
10.10%
30,827
$4,594,456,000 2.98%
Berkley W R Corp
50.84%
55,102
$4,329,914,000 2.81%
Eaton Corp Plc
No change
13,700
$4,295,635,000 2.79%
Target Corp
Closed
24,000
$4,253,040,000
Hubbell Inc.
144.75%
11,344
$4,146,004,000 2.69%
Tetra Tech, Inc.
Opened
20,222
$4,134,994,000 2.68%
Nextracker Inc
11.92%
88,057
$4,128,113,000 2.68%
Clean Harbors, Inc.
Opened
15,408
$3,484,521,000 2.26%
Brown & Brown, Inc.
83.23%
37,649
$3,366,198,000 2.18%
Oracle Corp.
Closed
26,600
$3,341,226,000
L3Harris Technologies Inc
Opened
14,388
$3,231,257,000 2.10%
Aspen Technology Inc
345.86%
15,605
$3,099,622,000 2.01%
NextEra Energy Partners LP
28.11%
105,923
$2,927,711,000 1.90%
Zebra Technologies Corporati
Closed
8,617
$2,597,509,000
Avantor, Inc.
50.94%
121,667
$2,579,339,000 1.67%
PTC Inc
Opened
13,979
$2,539,565,000 1.65%
Flex Ltd
Opened
85,321
$2,516,116,000 1.63%
Lpl Finl Hldgs Inc
Closed
8,741
$2,309,543,000
Home Depot, Inc.
Closed
6,000
$2,301,600,000
Veralto Corp
Opened
23,439
$2,237,723,000 1.45%
Super Micro Computer Inc
Closed
2,156
$2,177,624,000
Canadian Pacific Kansas City
49.70%
24,800
$1,952,504,000 1.27%
Blue Owl Capital Inc
Closed
90,658
$1,709,811,000
IQVIA Holdings Inc
54.31%
8,080
$1,708,435,000 1.11%
Dynatrace Inc
Opened
36,162
$1,617,889,000 1.05%
Hologic, Inc.
Closed
20,615
$1,607,145,000
Intercontinental Exchange In
44.49%
11,436
$1,565,474,000 1.02%
S&P Global Inc
48.48%
3,400
$1,516,400,000 0.98%
Ge Healthcare Technologies I
Opened
19,426
$1,513,674,000 0.98%
Thermo Fisher Scientific Inc.
67.57%
2,400
$1,327,200,000 0.86%
RH
Closed
2,985
$1,039,556,000
Hilton Worldwide Holdings Inc
Closed
4,500
$959,895,000
Seacoast Bkg Corp Fla
Closed
28,996
$736,208,000
Digitalbridge Group Inc
39.24%
51,903
$711,072,000 0.46%
NextEra Energy Inc
Closed
11,000
$703,010,000
Itron Inc.
Closed
7,500
$693,900,000
Prologis Inc
Closed
5,000
$651,100,000
Hmn Finl Inc
0.89%
22,485
$514,682,000 0.33%
Clarivate Plc
Closed
10,690
$79,429,000
No transactions found
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