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

Hmi Capital Management, L.P. is an investment fund managing more than $2.31 trillion ran by Lusine Moshkounian. There are currently 12 companies in Mrs. Moshkounian’s portfolio. The largest investments include Roblox and Toast, together worth $558 billion.

$2.31 trillion Assets Under Management (AUM)

As of 7th August 2024, Hmi Capital Management, L.P.’s top holding is 6,147,696 shares of Roblox currently worth over $281 billion and making up 12.2% of the portfolio value. Relative to the number of outstanding shares of Roblox, Hmi Capital Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 15,189,265 shares of Toast worth $277 billion, whose value grew 20.9% in the past six months. The third-largest holding is GitLab worth $277 billion and the next is Ncino worth $270 billion, with 8,031,487 shares owned.

Currently, Hmi Capital Management, L.P.'s portfolio is worth at least $2.31 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 Hmi Capital Management, L.P.

The Hmi Capital Management, L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Lusine Moshkounian serves as the Chief Compliance Officer at Hmi Capital Management, L.P..

Recent trades

In the most recent 13F filing, Hmi Capital Management, L.P. revealed that it had opened a new position in Workday Inc and bought 432,700 shares worth $119 billion.

The investment fund also strengthened its position in Roblox by buying 2,726,252 additional shares. This makes their stake in Roblox total 6,147,696 shares worth $281 billion. Roblox soared 36.0% in the past year.

On the other hand, there are companies that Hmi Capital Management, L.P. is getting rid of from its portfolio. Hmi Capital Management, L.P. closed its position in New Relic Inc on 14th August 2024. It sold the previously owned 5,059,021 shares for $381 billion. Lusine Moshkounian also disclosed a decreased stake in Toast by approximately 0.1%. This leaves the value of the investment at $277 billion and 15,189,265 shares.

One of the largest hedge funds

The two most similar investment funds to Hmi Capital Management, L.P. are Anomaly Capital Management, L.P. and Pointstate Capital L.P.. They manage $2.63 trillion and $2.62 trillion respectively.

Lusine Moshkounian investment strategy

Hmi Capital Management, L.P.’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 59.9% of the total portfolio value. The fund focuses on investments in the United States as 83.3% 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 67% 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 $30.6 billion.

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

These positions were updated on August 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
New Relic Inc	Closed 5,059,021	$380,893,691,000
Roblox Corporation	79.68% 6,147,696	$281,072,661,000	12.19%
Toast, Inc.	3.50% 15,189,265	$277,355,979,000	12.03%
GitLab Inc.	8.49% 4,403,101	$277,219,239,000	12.02%
Ncino, Inc.	1.65% 8,031,487	$270,098,908,000	11.71%
ZoomInfo Technologies Inc.	65.08% 13,481,070	$249,264,984,000	10.81%
Block Inc	6.42% 2,969,816	$229,715,268,000	9.96%
Dynatrace Inc	Closed 5,328,967	$225,415,304,000
Ares Management Corp	52.74% 1,804,897	$214,638,351,000	9.31%
Airbnb, Inc.	25.91% 1,105,627	$150,520,060,000	6.53%
Etsy Inc	47.10% 1,588,003	$128,707,643,000	5.58%
Workday Inc	Opened 432,700	$119,451,162,000	5.18%
Marqeta Inc	Closed 20,014,196	$91,464,876,000
Salesforce Inc	Opened 293,200	$77,152,648,000	3.35%
Coupang, Inc.	Opened 1,921,093	$31,102,496,000	1.35%
Crowdstrike Holdings Inc	Closed 126,070	$17,304,368,000
No transactions found
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