Lynrock Lake L.P. 13F annual report
Lynrock Lake L.P. is an investment fund managing more than $438 billion ran by Cynthia Paul. There are currently 19 companies in Mrs. Paul’s portfolio. The largest investments include Teradata Corp and ON24, together worth $237 billion.
$438 billion Assets Under Management (AUM)
As of 7th February 2023, Lynrock Lake L.P.’s top holding is 5,169,066 shares of Teradata Corp currently worth over $174 billion and making up 39.8% of the portfolio value.
Relative to the number of outstanding shares of Teradata Corp, Lynrock Lake L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 7,329,759 shares of ON24 worth $63.3 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Absolute Software worth $61.3 billion and the next is Allot Ltd worth $30.2 billion, with 8,768,666 shares owned.
Currently, Lynrock Lake L.P.'s portfolio is worth at least $438 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 Lynrock Lake L.P.
The Lynrock Lake L.P. office and employees reside in Rye Brook, New York. According to the last 13-F report filed with the SEC, Cynthia Paul serves as the Chief Investment Officer at Lynrock Lake L.P..
Recent trades
In the most recent 13F filing, Lynrock Lake L.P. revealed that it had opened a new position in
Vimeo Inc and bought 666,666 shares worth $2.29 billion.
The investment fund also strengthened its position in Teradata Corp by buying
665,100 additional shares.
This makes their stake in Teradata Corp total 5,169,066 shares worth $174 billion.
Teradata Corp dropped 19.9% in the past year.
On the other hand, there are companies that Lynrock Lake L.P. is getting rid of from its portfolio.
Lynrock Lake L.P. closed its position in Rambus on 14th February 2023.
It sold the previously owned 1,099,808 shares for $23.6 million.
Cynthia Paul also disclosed a decreased stake in Absolute Software by approximately 0.1%.
This leaves the value of the investment at $61.3 billion and 5,869,931 shares.
One of the largest hedge funds
The two most similar investment funds to Lynrock Lake L.P. are Gfs Advisors and Hhm Wealth Advisors. They manage $438 billion and $437 billion respectively.
Cynthia Paul investment strategy
Lynrock Lake L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 86.8% of
the total portfolio value.
The fund focuses on investments in the United States as
47.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
11% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $526 million.
The complete list of Lynrock Lake L.P. trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Teradata Corp |
14.77%
5,169,066
|
$173,990,762,000 | 39.77% |
| ON24, Inc. |
18.14%
7,329,759
|
$63,255,820,000 | 14.46% |
| Absolute Software Corporation |
1.14%
5,869,931
|
$61,288,916,000 | 14.01% |
| Allot Ltd |
4.45%
8,768,666
|
$30,164,211,000 | 6.89% |
| Quotient Technology Inc |
15.89%
6,567,376
|
$22,526,100,000 | 5.15% |
| Radcom |
26.59%
1,981,823
|
$21,681,144,000 | 4.96% |
| Brightcove Inc |
49.76%
3,146,959
|
$16,458,596,000 | 3.76% |
| Sequans Communications S.A |
5.79%
4,743,375
|
$15,748,005,000 | 3.60% |
| PowerFleet Inc |
0.66%
3,604,466
|
$9,696,014,000 | 2.22% |
| One Stop Sys Inc |
35.09%
1,782,528
|
$5,365,409,000 | 1.23% |
| Yext Inc |
218.75%
656,911
|
$4,289,629,000 | 0.98% |
| GoPro Inc. |
60.44%
857,125
|
$4,268,483,000 | 0.98% |
| Lantronix Inc |
150.00%
666,666
|
$2,879,997,000 | 0.66% |
| Vimeo Inc |
Opened
666,666
|
$2,286,664,000 | 0.52% |
| Calamp Corp. |
Opened
366,666
|
$1,642,664,000 | 0.38% |
| Bigbear Ai Hldgs Inc |
26.73%
1,229,962
|
$828,625,000 | 0.19% |
| Edgio Inc |
64.13%
623,596
|
$704,663,000 | 0.16% |
| MagnaChip Semiconductor Corp |
56.99%
23,869
|
$224,130,000 | 0.05% |
| Kaleyra Inc |
1,233.33%
266,666
|
$201,359,000 | 0.05% |
| Rambus Inc. |
Closed
1,099,808
|
$23,635,000 | |
| Benefitfocus Inc |
Closed
1,799,795
|
$14,002,000 | |
| Asure Software Inc |
Closed
532,265
|
$3,034,000 | |
| OneSpan Inc |
Closed
130,760
|
$1,556,000 | |
| Emcore Corp. |
Closed
112,984
|
$347,000 | |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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