Jw Asset Management 13F annual report

Jw Asset Management is an investment fund managing more than $243 billion ran by Jason Klarreich. There are currently 13 companies in Mr. Klarreich’s portfolio. The largest investments include Establishment Labs Inc and NVIDIA Corp, together worth $180 billion.

$243 billion Assets Under Management (AUM)

As of 1st August 2024, Jw Asset Management’s top holding is 3,192,485 shares of Establishment Labs Inc currently worth over $145 billion and making up 59.8% of the portfolio value. Relative to the number of outstanding shares of Establishment Labs Inc, Jw Asset Management owns more than 0.1% of the company. In addition, the fund holds 281,250 shares of NVIDIA Corp worth $34.7 billion, whose value fell 85.8% in the past six months. The third-largest holding is Abercrombie & Fitch Co worth $11.6 billion and the next is Novo-nordisk A S worth $9.73 billion, with 68,200 shares owned.

Currently, Jw Asset Management's portfolio is worth at least $243 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 Jw Asset Management

The Jw Asset Management office and employees reside in Miami Beach, Florida. According to the last 13-F report filed with the SEC, Jason Klarreich serves as the Chief Financial Officer at Jw Asset Management.

Recent trades

In the most recent 13F filing, Jw Asset Management revealed that it had opened a new position in Hims & Hers Health and bought 65,000 shares worth $1.31 billion. This means they effectively own approximately 0.1% of the company. Hims & Hers Health makes up 100.0% of the fund's Consumer Staples sector allocation and has grown its share price by 139.8% in the past year.

The investment fund also strengthened its position in NVIDIA Corp by buying 254,825 additional shares. This makes their stake in NVIDIA Corp total 281,250 shares worth $34.7 billion. NVIDIA Corp dropped 77.9% in the past year.

On the other hand, there are companies that Jw Asset Management is getting rid of from its portfolio. Jw Asset Management closed its position in Celsius Inc on 8th August 2024. It sold the previously owned 303,000 shares for $25.1 billion. Jason Klarreich also disclosed a decreased stake in Vita Coco Co Inc by approximately 0.1%. This leaves the value of the investment at $8.79 billion and 315,621 shares.

One of the smallest hedge funds

The two most similar investment funds to Jw Asset Management are Mtm Investment Management and Omega. They manage $243 billion and $243 billion respectively.

Jason Klarreich investment strategy

Jw Asset Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Health Care — making up 65.7% of the total portfolio value. The fund focuses on investments in the Costa Rica as 7.7% of the portfolio companies are based in the Costa Rica.

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 8% 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 $61.4 billion.

The complete list of Jw Asset Management trades based on 13F SEC filings

These positions were updated on August 8th 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
Establishment Labs Holdings Inc	No change 3,192,485	$145,066,518,000	59.77%
NVIDIA Corp	964.33% 281,250	$34,745,625,000	14.32%
Celsius Holdings Inc	Closed 303,000	$25,124,760,000
Abercrombie & Fitch Co.	No change 65,090	$11,575,606,000	4.77%
Novo-nordisk A S	No change 68,200	$9,734,868,000	4.01%
Vita Coco Co Inc	8.68% 315,621	$8,790,045,000	3.62%
Heron Therapeutics Inc	No change 2,292,418	$8,023,463,000	3.31%
Eli Lilly & Co	37.04% 8,500	$7,695,730,000	3.17%
Catalyst Pharmaceuticals Inc	No change 413,392	$6,403,442,000	2.64%
Advisorshares Tr	4.59% 832,283	$6,100,634,000	2.51%
Idaho Strategic Resources	No change 271,697	$2,678,932,000	1.10%
Snap Inc	Closed 170,000	$1,951,600,000
Hims & Hers Health, Inc.	Opened 65,000	$1,312,350,000	0.54%
Aspen Aerogels Inc.	Opened 15,000	$357,750,000	0.15%
Gamesquare Hldgs Inc	Closed 186,718	$257,671,000
High Tide Inc	No change 102,144	$225,738,000	0.09%
No transactions found
Showing first 500 out of 16 holdings