Matrix Capital Management , L.P. 13F annual report

Matrix Capital Management , L.P. is an investment fund managing more than $7.36 trillion ran by Gregory Brown. There are currently 17 companies in Mr. Brown’s portfolio. The largest investments include NVIDIA Corp and Globalfoundries Inc, together worth $2.79 trillion.

$7.36 trillion Assets Under Management (AUM)

As of 8th May 2023, Matrix Capital Management , L.P.’s top holding is 5,414,600 shares of NVIDIA Corp currently worth over $1.5 trillion and making up 20.4% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Matrix Capital Management , L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 17,848,000 shares of Globalfoundries Inc worth $1.29 trillion. The third-largest holding is Transdigm worth $807 billion and the next is Altair Engr Inc worth $806 billion, with 11,174,200 shares owned.

Currently, Matrix Capital Management , L.P.'s portfolio is worth at least $7.36 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 Matrix Capital Management , L.P.

The Matrix Capital Management , L.P. office and employees reside in Waltham, Massachusetts. According to the last 13-F report filed with the SEC, Gregory Brown serves as the Senior Managing Director, CCO & General Counsel at Matrix Capital Management , L.P..

Recent trades

In the most recent 13F filing, Matrix Capital Management , L.P. revealed that it had opened a new position in NVIDIA Corp and bought 5,414,600 shares worth $1.5 trillion. This means they effectively own approximately 0.1% of the company. NVIDIA Corp makes up 86.4% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Altair Engr Inc by buying 5,929,175 additional shares. This makes their stake in Altair Engr Inc total 11,174,200 shares worth $806 billion.

On the other hand, there are companies that Matrix Capital Management , L.P. is getting rid of from its portfolio. Matrix Capital Management , L.P. closed its position in Netflix on 15th May 2023. It sold the previously owned 2,000,000 shares for $1.06 billion. Gregory Brown also disclosed a decreased stake in Adaptive Biotechnologies Cor by approximately 0.1%. This leaves the value of the investment at $102 billion and 11,572,590 shares.

One of the largest hedge funds

The two most similar investment funds to Matrix Capital Management , L.P. are River Road Asset Management and Capital Wealth Planning. They manage $7.34 trillion and $7.39 trillion respectively.

Gregory Brown investment strategy

Matrix Capital Management , L.P.’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 23.7% of the total portfolio value. The fund focuses on investments in the United States as 41.2% 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 29% 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 $71.5 billion.

The complete list of Matrix Capital Management , L.P. trades based on 13F SEC filings

These positions were updated on May 15th 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
NVIDIA Corp	Opened 5,414,600	$1,504,013,442,000	20.43%
Globalfoundries Inc	Opened 17,848,000	$1,288,268,640,000	17.50%
Transdigm Group Incorporated	No change 1,094,900	$806,996,045,000	10.96%
Altair Engr Inc	113.04% 11,174,200	$805,771,562,000	10.94%
Applied Matls Inc	109.02% 6,297,700	$773,546,491,000	10.51%
Amazon.com Inc.	Opened 7,335,828	$757,717,674,000	10.29%
Asml Holding N V	Opened 497,200	$338,449,012,000	4.60%
Workday Inc	50.19% 1,586,043	$327,581,321,000	4.45%
Synopsys, Inc.	Opened 609,735	$235,510,144,000	3.20%
Zentalis Pharmaceuticals, Llc	124.35% 9,199,973	$158,239,536,000	2.15%
Select Sector Spdr Tr	Opened 1,282,000	$106,188,060,000	1.44%
Adaptive Biotechnologies Cor	1.93% 11,572,590	$102,185,970,000	1.39%
Perimeter Solutions, SA	Opened 7,462,500	$60,297,000,000	0.82%
Aura Biosciences Inc	Opened 5,362,870	$49,767,434,000	0.68%
Adaptimmune Therapeutics Plc	No change 38,974,185	$42,481,862,000	0.58%
Ventyx Biosciences Inc	Opened 89,900	$3,011,650,000	0.04%
Zscaler Inc	Opened 18,405	$2,150,256,000	0.03%
Netflix Inc.	Closed 2,000,000	$1,056,420,000
Crowdstrike Holdings Inc	Closed 3,000,000	$753,930,000
Disney Walt Co	Closed 4,200,000	$738,234,000
Twilio Inc	Closed 1,745,536	$688,020,000
Salesforce Inc	Closed 2,622,309	$640,551,000
Qualcomm, Inc.	Closed 3,337,360	$477,009,000
Global Pmts Inc	Closed 2,462,588	$461,834,000
Micron Technology Inc.	Closed 4,000,000	$339,920,000
New Relic Inc	Closed 5,000,000	$334,850,000
BigCommerce Holdings, Inc.	Closed 4,700,000	$305,124,000
Xilinx, Inc.	Closed 2,100,000	$303,744,000
Caredx Inc	Closed 1,739,807	$159,227,000
Dynatrace Inc	Closed 2,500,000	$146,050,000
Varonis Sys Inc	Closed 1,247,487	$71,880,000
Knowbe4 Inc	Closed 950,000	$29,707,000
Avidity Biosciences, Inc.	Closed 1,200,000	$29,652,000
No transactions found
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