Hg Vora Capital Management is an investment fund managing more than $1.94 trillion ran by Christopher Mclean. There are currently 13 companies in Mr. Mclean’s portfolio. The largest investments include First Amern Finl Corp and PENN Entertainment Inc, together worth $756 billion.
As of 7th November 2023, Hg Vora Capital Management’s top holding is 7,500,000 shares of First Amern Finl Corp currently worth over $424 billion and making up 21.8% of the portfolio value.
In addition, the fund holds 14,500,000 shares of PENN Entertainment Inc worth $333 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Ryder Sys Inc worth $332 billion and the next is Caesars Entertainment Inc Ne worth $232 billion, with 5,000,000 shares owned.
Currently, Hg Vora Capital Management's portfolio is worth at least $1.94 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.
The Hg Vora Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Christopher Mclean serves as the Chief Compliance Officer at Hg Vora Capital Management.
In the most recent 13F filing, Hg Vora Capital Management revealed that it had opened a new position in
Seaworld Entmt Inc and bought 1,500,000 shares worth $69.4 billion.
The investment fund also strengthened its position in Boyd Gaming by buying
250,000 additional shares.
This makes their stake in Boyd Gaming total 2,250,000 shares worth $137 billion.
Boyd Gaming dropped 4.9% in the past year.
On the other hand, there are companies that Hg Vora Capital Management is getting rid of from its portfolio.
Hg Vora Capital Management closed its position in Blade Air Mobility Inc on 14th November 2023.
It sold the previously owned 2,750,000 shares for $10.8 billion.
Christopher Mclean also disclosed a decreased stake in First Amern Finl Corp by 0.3%.
This leaves the value of the investment at $424 billion and 7,500,000 shares.
The two most similar investment funds to Hg Vora Capital Management are Advisory Alpha and Global Retirement Partners. They manage $1.94 trillion and $1.95 trillion respectively.
Hg Vora Capital Management’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 25.6% of
the total portfolio value.
The fund focuses on investments in the United States as
30.8% 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
approximately 0.1% 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 $3.69 billion.
These positions were updated on November 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 |
|---|---|---|---|
| First Amern Finl Corp |
25.00%
7,500,000
|
$423,675,000,000 | 21.80% |
| PENN Entertainment Inc |
No change
14,500,000
|
$332,775,000,000 | 17.12% |
| Ryder Sys Inc |
38.61%
3,100,000
|
$331,545,000,000 | 17.06% |
| Caesars Entertainment Inc Ne |
16.67%
5,000,000
|
$231,750,000,000 | 11.92% |
| The Odp Corp |
No change
3,000,000
|
$138,450,000,000 | 7.12% |
| Boyd Gaming Corp. |
12.50%
2,250,000
|
$136,867,500,000 | 7.04% |
| Playa Hotels & Resorts Nv |
13.64%
12,500,000
|
$90,500,000,000 | 4.66% |
| Seaworld Entmt Inc |
Opened
1,500,000
|
$69,375,000,000 | 3.57% |
| Mr. Cooper Group Inc |
55.56%
1,000,000
|
$53,560,000,000 | 2.76% |
| Global Business Travel Group |
5.49%
7,750,000
|
$42,625,000,000 | 2.19% |
| Ballys Corporation |
11.11%
2,500,000
|
$32,775,000,000 | 1.69% |
| Rlj Lodging Tr |
Opened
3,250,000
|
$31,817,500,000 | 1.64% |
| Rush Street Interactive, Inc. |
No change
6,000,000
|
$27,720,000,000 | 1.43% |
| Blade Air Mobility Inc |
Closed
2,750,000
|
$10,835,000,000 | |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||