Ppm America Inc/il 13F annual report
Ppm America Inc/il is an investment fund managing more than $11.3 billion ran by Thomas Barrus. There are currently 6 companies in Mr. Barrus’s portfolio. The largest investments include MPLX LP and Sangoma Technologies, together worth $7.35 billion.
$11.3 billion Assets Under Management (AUM)
As of 5th August 2024, Ppm America Inc/il’s top holding is 89,400 shares of MPLX LP currently worth over $3.81 billion and making up 33.6% of the portfolio value.
Relative to the number of outstanding shares of MPLX LP, Ppm America Inc/il owns more than approximately 0.1% of the company.
In addition, the fund holds 688,523 shares of Sangoma Technologies worth $3.54 billion.
The third-largest holding is Duckhorn Portfolio I worth $2.08 billion and the next is Clear Channel Outdoo worth $1.01 billion, with 713,756 shares owned.
Currently, Ppm America Inc/il's portfolio is worth at least $11.3 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 Ppm America Inc/il
The Ppm America Inc/il office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Thomas Barrus serves as the SVP, Chief Compliance Officer at Ppm America Inc/il.
Recent trades
There are companies that Ppm America Inc/il is getting rid of from its portfolio.
Ppm America Inc/il closed its position in Ishares Broad Usd Hi on 12th August 2024.
It sold the previously owned 43,000 shares for $1.57 billion.
One of the smallest hedge funds
The two most similar investment funds to Ppm America Inc/il are Athyrium Capital Management, L.P. and Advent International Corp/ma. They manage $11.3 billion and $11.2 billion respectively.
Thomas Barrus investment strategy
Ppm America Inc/il’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Energy — making up 38.6% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
17% 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 $11.4 billion.
The complete list of Ppm America Inc/il trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| MPLX LP |
No change
89,400
|
$3,807,546,000 | 33.62% |
| Sangoma Technologies |
No change
688,523
|
$3,539,008,000 | 31.25% |
| Duckhorn Portfolio I |
No change
293,262
|
$2,082,160,000 | 18.38% |
| Ishares Broad Usd Hi |
Closed
43,000
|
$1,573,370,000 | |
| Clear Channel Outdoo |
No change
713,756
|
$1,006,397,000 | 8.89% |
| Ishares Iboxx Invest |
Closed
5,475
|
$596,337,000 | |
| Amplify Energy Corp. |
No change
83,213
|
$564,184,000 | 4.98% |
| iShares MBS ETF |
Closed
3,800
|
$351,196,000 | |
| iHeartMedia, Inc. |
No change
299,890
|
$326,880,000 | 2.89% |
| Zerofox Holdings Inc |
Closed
288,426
|
$323,037,000 | |
| No transactions found | |||
| Showing first 500 out of 10 holdings | |||
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