Mercator Fund (cayman Master) L.P. 13F annual report

Mercator Fund (cayman Master) L.P. is an investment fund managing more than $124 million ran by Jared Friedberg. There are currently 14 companies in Mr. Friedberg’s portfolio. The largest investments include Nelnet and Alphabet, together worth $42.9 million.

$124 million Assets Under Management (AUM)

As of 7th October 2020, Mercator Fund (cayman Master) L.P.’s top holding is 391,347 shares of Nelnet currently worth over $22.8 million and making up 18.3% of the portfolio value. Relative to the number of outstanding shares of Nelnet, Mercator Fund (cayman Master) L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 15,031 shares of Alphabet worth $20.1 million, whose value grew 23.9% in the past six months. The third-largest holding is Air Transport Services worth $15.1 million and the next is Interactive Brokers Grouo In worth $11.5 million, with 246,275 shares owned.

Currently, Mercator Fund (cayman Master) L.P.'s portfolio is worth at least $124 million. 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 Mercator Fund (cayman Master) L.P.

The Mercator Fund (cayman Master) L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jared Friedberg serves as the Managing Member at Mercator Fund (cayman Master) L.P..

Recent trades

In the most recent 13F filing, Mercator Fund (cayman Master) L.P. revealed that it had opened a new position in Nelnet and bought 391,347 shares worth $22.8 million.

One of the smallest hedge funds

The two most similar investment funds to Mercator Fund (cayman Master) L.P. are Stewart Asset Management and Investors Capital Advisory Services. They manage $124 million and $124 million respectively.

Jared Friedberg investment strategy

Mercator Fund (cayman Master) L.P.’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Finance — making up 32.6% of the total portfolio value. The fund focuses on investments in the United States as 57.1% 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 $199 billion.

The complete list of Mercator Fund (cayman Master) L.P. trades based on 13F SEC filings

These positions were updated on January 21st 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
Nelnet, Inc.	Opened 391,347	$22,792,000	18.33%
Alphabet, Inc.	Opened 15,031	$20,132,000	16.19%
Air Transport Services Group, Inc.	Opened 643,769	$15,103,000	12.14%
Interactive Brokers Grouo In	Opened 246,275	$11,481,000	9.23%
PayPal Holdings, Inc.	Opened 98,082	$10,610,000	8.53%
Stars Group Inc	Opened 358,523	$9,354,000	7.52%
Progressive Corp Ohio	Opened 126,994	$9,193,000	7.39%
Baidu, Inc.	Opened 64,013	$8,091,000	6.51%
Berkshire Hathaway Inc.	Opened 31,239	$7,076,000	5.69%
Davita Healthcare Partners I	Opened 48,741	$3,657,000	2.94%
Alibaba Group Hldg Ltd	Opened 15,200	$3,224,000	2.59%
GCI Liberty, Inc.	Opened 21,276	$1,507,000	1.21%
Chromadex Corp.	Opened 315,025	$1,358,000	1.09%
Insmed, Inc.	Opened 32,597	$778,000	0.63%
No transactions found
Showing first 500 out of 14 holdings