Bleichroeder L.P. 13F annual report
Bleichroeder L.P. is an investment fund managing more than $336 billion ran by Michael Kellen. There are currently 61 companies in Mr. Kellen’s portfolio. The largest investments include Spdr Gold Tr and Linde Plc, together worth $142 billion.
$336 billion Assets Under Management (AUM)
As of 6th August 2024, Bleichroeder L.P.’s top holding is 475,000 shares of Spdr Gold Tr currently worth over $102 billion and making up 30.4% of the portfolio value.
In addition, the fund holds 91,064 shares of Linde Plc worth $40 billion, whose value grew 7.3% in the past six months.
The third-largest holding is Composecure Inc worth $25.8 billion and the next is Intevac worth $19.5 billion, with 5,039,023 shares owned.
Currently, Bleichroeder L.P.'s portfolio is worth at least $336 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 Bleichroeder L.P.
The Bleichroeder L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Kellen serves as the Chairman and CO-CEO of Bleichroeder LP at Bleichroeder L.P..
Recent trades
In the most recent 13F filing, Bleichroeder L.P. revealed that it had opened a new position in
Multisensor Ai Holdings Inc and bought 808,000 shares worth $1.33 billion.
The investment fund also strengthened its position in Composecure Inc by buying
800,000 additional shares.
This makes their stake in Composecure Inc total 3,797,550 shares worth $25.8 billion.
On the other hand, there are companies that Bleichroeder L.P. is getting rid of from its portfolio.
Bleichroeder L.P. closed its position in Insmed Inc on 13th August 2024.
It sold the previously owned 325,000 shares for $8.82 billion.
Michael Kellen also disclosed a decreased stake in Brunswick by 0.4%.
This leaves the value of the investment at $18.2 billion and 250,000 shares.
One of the smaller hedge funds
The two most similar investment funds to Bleichroeder L.P. are Cim Investment Management Inc and Tenere Capital. They manage $336 billion and $336 billion respectively.
Michael Kellen investment strategy
Bleichroeder L.P.’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 13.0% of
the total portfolio value.
The fund focuses on investments in the United States as
52.5% 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
21% of the total holdings value.
On the other hand, small-cap stocks make up 16.4% of the portfolio.
The average market cap of the portfolio companies is close to $37.6 billion.
The complete list of Bleichroeder L.P. trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Spdr Gold Tr |
No change
475,000
|
$102,129,750,000 | 30.42% |
| Linde Plc. |
No change
91,064
|
$39,959,794,000 | 11.90% |
| Composecure Inc |
26.69%
3,797,550
|
$25,823,340,000 | 7.69% |
| Intevac, Inc. |
No change
5,039,023
|
$19,450,629,000 | 5.79% |
| Brunswick Corp. |
41.18%
250,000
|
$18,192,500,000 | 5.42% |
| S&P Global Inc |
No change
40,000
|
$17,840,000,000 | 5.31% |
| Identiv Inc |
No change
2,884,495
|
$12,403,329,000 | 3.69% |
| Paragon 28, Inc. |
No change
1,763,339
|
$12,061,239,000 | 3.59% |
| Blackstone Inc |
No change
80,000
|
$9,904,000,000 | 2.95% |
| Mdxhealth Sa |
No change
3,878,333
|
$9,269,216,000 | 2.76% |
| Insmed Inc |
Closed
325,000
|
$8,817,250,000 | |
| Intellicheck Inc |
No change
2,073,583
|
$7,091,654,000 | 2.11% |
| Prokidney Corp |
30.63%
2,612,500
|
$6,426,750,000 | 1.91% |
| American Express Co. |
No change
25,000
|
$5,788,750,000 | 1.72% |
| Barfresh Food Group Inc |
No change
1,153,915
|
$4,223,329,000 | 1.26% |
| OptiNose Inc |
No change
4,045,132
|
$4,206,937,000 | 1.25% |
| Duos Technologies Group, Inc. |
No change
1,283,162
|
$3,669,843,000 | 1.09% |
| Cue Biopharma Inc |
3.87%
2,861,606
|
$3,548,391,000 | 1.06% |
| JPMorgan Chase & Co. |
50.00%
15,000
|
$3,033,900,000 | 0.90% |
| Grupo Televisa S A B |
No change
1,000,000
|
$2,770,000,000 | 0.83% |
| Talkspace Inc |
300.00%
1,000,000
|
$2,300,000,000 | 0.69% |
| Marinus Pharmaceuticals Inc |
No change
1,872,463
|
$2,190,782,000 | 0.65% |
| Milestone Pharmaceuticals In |
No change
1,326,085
|
$1,750,432,000 | 0.52% |
| Immix Biopharma Inc |
No change
850,000
|
$1,683,000,000 | 0.50% |
| LiqTech International Inc |
3.59%
577,110
|
$1,359,094,000 | 0.40% |
| Spdr S&p 500 Etf Tr |
No change
2,470
|
$1,344,223,000 | 0.40% |
| Multisensor Ai Holdings Inc |
Opened
808,000
|
$1,325,120,000 | 0.39% |
| Liberty Media Corp. |
No change
99,262
|
$2,514,576,000 | 0.75% |
| Red Cat Hldgs Inc |
No change
1,000,000
|
$1,150,000,000 | 0.34% |
| DiaMedica Therapeutics Inc. |
71.97%
382,317
|
$1,127,835,000 | 0.34% |
| Profound Med Corp |
No change
133,333
|
$1,118,664,000 | 0.33% |
| Modular Med Inc |
No change
700,000
|
$1,106,000,000 | 0.33% |
| Bluebird bio Inc |
No change
1,037,379
|
$1,020,988,000 | 0.30% |
| Maxcyte Inc |
No change
250,000
|
$1,017,842,000 | 0.30% |
| Ideal Pwr Inc |
No change
133,000
|
$938,980,000 | 0.28% |
| Liberty Global Ltd |
50.00%
46,304
|
$821,699,000 | 0.24% |
| RTX Corp |
No change
6,000
|
$602,340,000 | 0.18% |
| Immucell Corp. |
No change
101,594
|
$492,731,000 | 0.15% |
| Ondas Holdings Inc. |
No change
775,000
|
$449,500,000 | 0.13% |
| Evoke Pharma Inc |
No change
825,000
|
$436,425,000 | 0.13% |
| Structure Therapeutics Inc |
100.00%
10,000
|
$392,700,000 | 0.12% |
| Carrier Global Corporation |
No change
6,000
|
$378,480,000 | 0.11% |
| L3Harris Technologies Inc |
No change
1,600
|
$359,328,000 | 0.11% |
| PayPal Holdings Inc |
No change
5,300
|
$307,559,000 | 0.09% |
| Otis Worldwide Corporation |
No change
3,000
|
$288,780,000 | 0.09% |
| Cue Health Inc |
Closed
1,000,000
|
$188,600,000 | |
| Curis Inc |
No change
24,999
|
$172,493,000 | 0.05% |
| Cadence Design System Inc |
No change
525
|
$161,569,000 | 0.05% |
| Advanced Micro Devices Inc. |
No change
913
|
$148,163,000 | 0.04% |
| Lions Gate Entmnt Corp |
No change
16,413
|
$140,659,000 | 0.04% |
| Movano Inc |
Opened
469,000
|
$128,975,000 | 0.04% |
| Exxon Mobil Corp. |
No change
1,075
|
$123,754,000 | 0.04% |
| Bank New York Mellon Corp |
No change
2,000
|
$119,780,000 | 0.04% |
| The Real Good Food Company I |
No change
200,000
|
$100,040,000 | 0.03% |
| Abbvie Inc |
Closed
515
|
$93,782,000 | |
| Teradyne, Inc. |
No change
600
|
$88,974,000 | 0.03% |
| Liberty Latin America Ltd |
50.00%
10,270
|
$98,777,000 | 0.03% |
| Altria Group Inc. |
Closed
1,200
|
$52,344,000 | |
| Lumentum Holdings Inc |
No change
660
|
$33,607,000 | 0.01% |
| Ark Etf Tr |
No change
2,325
|
$76,212,000 | 0.02% |
| AT&T, Inc. |
Closed
1,650
|
$29,040,000 | |
| Revolution Medicines Inc |
No change
556
|
$21,578,000 | 0.01% |
| X4 Pharmaceuticals, Inc. |
No change
17,865
|
$10,362,000 | 0.00% |
| Genedx Holdings Corp |
No change
304
|
$7,947,000 | 0.00% |
| Warner Bros.Discovery Inc |
Closed
399
|
$3,483,000 | |
| Finch Therapeutics Group Inc |
Closed
971
|
$2,525,000 | |
| Aviat Networks Inc |
No change
66
|
$1,894,000 | 0.00% |
| Astra Space Inc |
No change
517
|
$260,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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