Kinney Asset Management 13F annual report
Kinney Asset Management is an investment fund managing more than $131 billion ran by Brent Batts. There are currently 4 companies in Mr. Batts’s portfolio. The largest investments include Alight and Alphabet Inc, together worth $77.9 billion.
$131 billion Assets Under Management (AUM)
As of 7th August 2024, Kinney Asset Management’s top holding is 6,097,546 shares of Alight currently worth over $45 billion and making up 34.3% of the portfolio value.
Relative to the number of outstanding shares of Alight, Kinney Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 180,799 shares of Alphabet Inc worth $32.9 billion, whose value grew 12.8% in the past six months.
The third-largest holding is Mohawk Inds Inc worth $32 billion and the next is Ryanair Hldgs Plc worth $21.2 billion, with 188,152 shares owned.
Currently, Kinney Asset Management's portfolio is worth at least $131 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 Kinney Asset Management
The Kinney Asset Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Brent Batts serves as the Chief Financial Officer at Kinney Asset Management.
Recent trades
In the most recent 13F filing, Kinney Asset Management revealed that it had increased its stake in
Alight and bought 570,000 additional shares worth around $4 million.
This means they effectively own approximately 0.1% of the company.
Alight makes up
57.7%
of the fund's Technology sector allocation and has decreased its share price by 19.0% in the past year.
On the other hand, Brent Batts disclosed a decreased stake in Alphabet Inc by 0.3%.
This leaves the value of the investment at $32.9 billion and 180,799 shares.
One of the smallest hedge funds
The two most similar investment funds to Kinney Asset Management are R.m.sincerbeaux Capital Management and Northwest Advisors. They manage $131 billion and $131 billion respectively.
Brent Batts investment strategy
Kinney Asset Management’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Technology — making up 59.4% 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
25% 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 $618 billion.
The complete list of Kinney Asset Management 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 |
|---|---|---|---|
| Alight Inc. |
10.31%
6,097,546
|
$44,999,889,000 | 34.32% |
| Alphabet Inc |
26.29%
180,799
|
$32,932,538,000 | 25.12% |
| Mohawk Inds Inc |
No change
281,490
|
$31,974,449,000 | 24.39% |
| Ryanair Hldgs Plc |
No change
188,152
|
$21,209,779,000 | 16.18% |
| No transactions found | |||
| Showing first 500 out of 4 holdings | |||
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