Windacre Partnership 13F annual report

Windacre Partnership is an investment fund managing more than $5.5 trillion ran by Christopher Smith. There are currently 13 companies in Mr. Smith’s portfolio. The largest investments include Alphabet Inc and Amazon.com, together worth $1.77 trillion.

$5.5 trillion Assets Under Management (AUM)

As of 7th November 2023, Windacre Partnership’s top holding is 7,231,700 shares of Alphabet Inc currently worth over $946 billion and making up 17.2% of the portfolio value. Relative to the number of outstanding shares of Alphabet Inc, Windacre Partnership owns more than approximately 0.1% of the company. In addition, the fund holds 6,489,700 shares of Amazon.com worth $825 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Fidelity National Inc worth $648 billion and the next is Moodys Corp worth $490 billion, with 1,549,500 shares owned.

Currently, Windacre Partnership's portfolio is worth at least $5.5 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.

Careers at Windacre Partnership

The Windacre Partnership office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Christopher Smith serves as the Chief Compliance Officer at Windacre Partnership.

Recent trades

In the most recent 13F filing, Windacre Partnership revealed that it had opened a new position in Fidelity National Inc and bought 15,684,500 shares worth $648 billion. This means they effectively own approximately 0.1% of the company. Fidelity National Inc makes up 100.0% of the fund's Finance sector allocation and has grown its share price by 8.6% in the past year.

The investment fund also strengthened its position in Alphabet Inc by buying 6,974,500 additional shares. This makes their stake in Alphabet Inc total 7,231,700 shares worth $946 billion. Alphabet Inc soared 38.0% in the past year.

On the other hand, there are companies that Windacre Partnership is getting rid of from its portfolio. Windacre Partnership closed its position in Nielsen Hldgs Plc on 14th November 2023. It sold the previously owned 98,190,100 shares for $2.28 billion. Christopher Smith also disclosed a decreased stake in Herbalife Ltd by approximately 0.1%. This leaves the value of the investment at $129 billion and 9,253,500 shares.

One of the largest hedge funds

The two most similar investment funds to Windacre Partnership are Kovitz Investment Partners and Cbre Investment Management Listed Real Assets. They manage $5.52 trillion and $5.52 trillion respectively.

Christopher Smith investment strategy

Windacre Partnership’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 22.5% of the total portfolio value. The fund focuses on investments in the United States as 46.2% 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 38% 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 $207 billion.

The complete list of Windacre Partnership trades based on 13F SEC filings

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
Alphabet Inc	2,711.70% 7,231,700	$946,340,262,000	17.22%
Amazon.com Inc.	5.56% 6,489,700	$824,970,664,000	15.01%
Fidelity National Financial Inc	Opened 15,684,500	$647,769,850,000	11.79%
Moodys Corp	Opened 1,549,500	$489,905,415,000	8.91%
Taiwan Semiconductor Mfg Ltd	Opened 5,589,000	$485,684,100,000	8.84%
Asml Holding N V	Opened 809,100	$476,284,806,000	8.67%
Transdigm Group Incorporated	8.66% 563,300	$474,935,129,000	8.64%
Petroleo Brasileiro Sa Petro	Opened 28,456,000	$390,131,760,000	7.10%
Sap SE	44.60% 2,229,100	$288,267,212,000	5.25%
E2open Parent Holdings Inc	10.00% 28,817,992	$130,833,684,000	2.38%
Herbalife Ltd	8.23% 9,253,500	$129,456,465,000	2.36%
Victorias Secret And Co	8.85% 6,789,900	$113,255,532,000	2.06%
Perimeter Solutions, SA	No change 21,600,000	$98,064,000,000	1.78%
Nielsen Hldgs Plc	Closed 98,190,100	$2,279,974,000
No transactions found
Showing first 500 out of 14 holdings