Barington Capital Group, L.P. 13F annual report
Barington Capital Group, L.P. is an investment fund managing more than $87.3 billion ran by James Mitarotonda. There are currently 13 companies in Mr. Mitarotonda’s portfolio. The largest investments include Eastern Co and Trimas, together worth $31 billion.
$87.3 billion Assets Under Management (AUM)
As of 8th August 2024, Barington Capital Group, L.P.’s top holding is 630,100 shares of Eastern Co currently worth over $16 billion and making up 18.4% of the portfolio value.
Relative to the number of outstanding shares of Eastern Co, Barington Capital Group, L.P. owns more than 0.1% of the company.
In addition, the fund holds 583,000 shares of Trimas worth $14.9 billion, whose value fell 6.4% in the past six months.
The third-largest holding is Mattel worth $9.67 billion and the next is Matthews Intl Corp worth $9.64 billion, with 385,000 shares owned.
Currently, Barington Capital Group, L.P.'s portfolio is worth at least $87.3 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 Barington Capital Group, L.P.
The Barington Capital Group, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, James Mitarotonda serves as the Managing Member at Barington Capital Group, L.P..
Recent trades
In the most recent 13F filing, Barington Capital Group, L.P. revealed that it had opened a new position in
Madison Square Grdn Sprt Cor and bought 16,000 shares worth $3.01 billion.
The investment fund also strengthened its position in Mattel by buying
120,000 additional shares.
This makes their stake in Mattel total 595,000 shares worth $9.67 billion.
Mattel dropped 10.4% in the past year.
On the other hand, there are companies that Barington Capital Group, L.P. is getting rid of from its portfolio.
Barington Capital Group, L.P. closed its position in Paramount Global on 15th August 2024.
It sold the previously owned 225,000 shares for $2.65 billion.
James Mitarotonda also disclosed a decreased stake in Macys Inc. by 0.5%.
This leaves the value of the investment at $1.92 billion and 100,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Barington Capital Group, L.P. are Navis Wealth Advisors and Arex Capital Management, L.P.. They manage $87.2 billion and $87.5 billion respectively.
James Mitarotonda investment strategy
Barington Capital Group, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Industrials — making up 44.9% of
the total portfolio value.
The fund focuses on investments in the United States as
69.2% 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
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 $3.78 billion.
The complete list of Barington Capital Group, L.P. trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Eastern Co. |
No change
630,100
|
$16,048,647,000 | 18.37% |
| Trimas Corporation |
No change
583,000
|
$14,901,480,000 | 17.06% |
| Mattel, Inc. |
25.26%
595,000
|
$9,674,700,000 | 11.08% |
| Matthews Intl Corp |
18.10%
385,000
|
$9,644,250,000 | 11.04% |
| Hanesbrands Inc |
2.77%
1,852,500
|
$9,132,825,000 | 10.46% |
| Textron Inc. |
No change
96,318
|
$8,269,863,000 | 9.47% |
| Rambus Inc. |
No change
130,100
|
$7,644,676,000 | 8.75% |
| American Vanguard Corp. |
11.76%
475,000
|
$4,085,000,000 | 4.68% |
| Madison Square Grdn Sprt Cor |
Opened
16,000
|
$3,010,080,000 | 3.45% |
| Paramount Global |
Closed
225,000
|
$2,648,250,000 | |
| Macys Inc. |
48.72%
100,000
|
$1,920,000,000 | 2.20% |
| Griffon Corp. |
50.00%
30,000
|
$1,915,800,000 | 2.19% |
| Victorias Secret And Co |
66.67%
50,000
|
$883,500,000 | 1.01% |
| Nordstrom, Inc. |
75.00%
10,000
|
$212,200,000 | 0.24% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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