Triad Investment Management 13F annual report
Triad Investment Management is an investment fund managing more than $82.4 billion ran by David Hutchison. There are currently 42 companies in Mr. Hutchison’s portfolio. The largest investments include MediaAlpha and Gartner, together worth $9.84 billion.
$82.4 billion Assets Under Management (AUM)
As of 5th April 2024, Triad Investment Management’s top holding is 248,895 shares of MediaAlpha currently worth over $5.07 billion and making up 6.2% of the portfolio value.
Relative to the number of outstanding shares of MediaAlpha, Triad Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 10,015 shares of Gartner worth $4.77 billion, whose value grew 32.6% in the past six months.
The third-largest holding is Cannae Inc worth $4.47 billion and the next is Vanguard Scottsdale Fds worth $4.35 billion, with 74,838 shares owned.
Currently, Triad Investment Management's portfolio is worth at least $82.4 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 Triad Investment Management
The Triad Investment Management office and employees reside in Newport Beach, California. According to the last 13-F report filed with the SEC, David Hutchison serves as the Managing Director at Triad Investment Management.
Recent trades
In the most recent 13F filing, Triad Investment Management revealed that it had opened a new position in
Danaher and bought 2,803 shares worth $700 million.
This means they effectively own approximately 0.1% of the company.
Danaher makes up
100.0%
of the fund's Health Care sector allocation and has decreased its share price by 2.4% in the past year.
The investment fund also strengthened its position in MediaAlpha by buying
77,552 additional shares.
This makes their stake in MediaAlpha total 248,895 shares worth $5.07 billion.
MediaAlpha soared 37.1% in the past year.
On the other hand, there are companies that Triad Investment Management is getting rid of from its portfolio.
Triad Investment Management closed its position in Travel Plus Leisure Co on 12th April 2024.
It sold the previously owned 43,205 shares for $1.59 billion.
David Hutchison also disclosed a decreased stake in Gartner by 0.1%.
This leaves the value of the investment at $4.77 billion and 10,015 shares.
One of the smallest hedge funds
The two most similar investment funds to Triad Investment Management are Pinnacle Wealth Management and Moon Capital Management. They manage $82.4 billion and $82.4 billion respectively.
David Hutchison investment strategy
Triad Investment Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 13.6% of
the total portfolio value.
The fund focuses on investments in the United States as
59.5% 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
36% 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 $181 billion.
The complete list of Triad Investment Management trades based on 13F SEC filings
These positions were updated on April 12th 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 |
|---|---|---|---|
| MediaAlpha, Inc. |
45.26%
248,895
|
$5,069,991,000 | 6.15% |
| Gartner, Inc. |
13.75%
10,015
|
$4,773,850,000 | 5.79% |
| Cannae Holdings Inc |
10.31%
200,870
|
$4,467,349,000 | 5.42% |
| Vanguard Scottsdale Fds |
120.68%
74,838
|
$4,345,843,000 | 5.27% |
| Schlumberger Ltd. |
14.80%
75,037
|
$4,112,778,000 | 4.99% |
| Fiserv, Inc. |
9.49%
25,093
|
$4,010,363,000 | 4.87% |
| Thor Inds Inc |
4.68%
32,123
|
$3,769,331,000 | 4.57% |
| Oaktree Specialty Lending Co |
47.04%
185,300
|
$3,642,998,000 | 4.42% |
| Carmax Inc |
0.35%
39,637
|
$3,452,779,000 | 4.19% |
| Ssc Technologies Hldgs Inc |
3.83%
53,204
|
$3,424,763,000 | 4.16% |
| Korn Ferry |
2.48%
50,035
|
$3,290,277,000 | 3.99% |
| White Mtns Ins Group Ltd |
2.12%
1,783
|
$3,199,237,000 | 3.88% |
| Brown Brown Inc |
9.87%
36,453
|
$3,191,066,000 | 3.87% |
| CDW Corp |
6.38%
11,894
|
$3,042,206,000 | 3.69% |
| Fidelity Natl Information Sv |
7.77%
39,134
|
$2,902,960,000 | 3.52% |
| Visa Inc |
11.77%
8,428
|
$2,352,220,000 | 2.85% |
| Marriott Vacations Worldwide Corp |
2.70%
21,179
|
$2,281,654,000 | 2.77% |
| Roper Technologies Inc |
16.07%
3,943
|
$2,211,636,000 | 2.68% |
| Warner Bros.Discovery Inc |
18.80%
232,876
|
$2,033,007,000 | 2.47% |
| Hercules Capital Inc |
4.04%
109,202
|
$2,014,784,000 | 2.44% |
| American Express Co. |
No change
8,138
|
$1,852,941,000 | 2.25% |
| Mohawk Inds Inc |
6.39%
12,836
|
$1,680,104,000 | 2.04% |
| Travel Plus Leisure Co |
Closed
43,205
|
$1,586,936,000 | |
| Cbre Group Inc |
24.11%
16,263
|
$1,581,414,000 | 1.92% |
| Entegris Inc |
17.63%
11,184
|
$1,571,805,000 | 1.91% |
| SLR Investment Corp |
3.77%
93,929
|
$1,441,815,000 | 1.75% |
| Berkshire Hathaway Inc. |
0.64%
2,656
|
$1,116,901,000 | 1.36% |
| Annaly Capital Management In |
Closed
51,283
|
$964,633,000 | |
| Liberty Tripadvisor Hldgs In |
Closed
1,799,173
|
$879,796,000 | |
| Johnson Johnson |
No change
5,064
|
$801,074,000 | 0.97% |
| Danaher Corp. |
Opened
2,803
|
$699,965,000 | 0.85% |
| Microsoft Corporation |
8.53%
1,628
|
$684,932,000 | 0.83% |
| Intuit Inc |
No change
656
|
$426,400,000 | 0.52% |
| Sp Global Inc |
0.12%
861
|
$366,312,000 | 0.44% |
| Merck Co Inc |
No change
2,675
|
$352,966,000 | 0.43% |
| Watsco, Inc. |
8.68%
776
|
$335,209,000 | 0.41% |
| Alphabet Inc |
No change
2,020
|
$307,565,000 | 0.37% |
| Comcast Corp New |
No change
6,966
|
$301,976,000 | 0.37% |
| Wells Fargo Co New |
73.73%
5,000
|
$289,800,000 | 0.35% |
| Altus Power Inc |
48.23%
58,023
|
$277,350,000 | 0.34% |
| Special Opportunities Fd Inc |
Closed
24,827
|
$271,359,000 | |
| Generac Holdings Inc |
Opened
1,836
|
$231,593,000 | 0.28% |
| Schwab Charles Corp |
Closed
4,001
|
$219,655,000 | |
| Dun Bradstreet Hldgs Inc |
Closed
19,646
|
$196,264,000 | |
| Transocean Ltd |
No change
30,888
|
$193,977,000 | 0.24% |
| Permian Resources Corp |
28.17%
10,294
|
$181,792,000 | 0.22% |
| Paysafe Limited |
Closed
10,290
|
$123,377,000 | |
| Clarus Corp |
No change
17,891
|
$120,764,000 | 0.15% |
| Qurate Retail Inc |
Opened
10,000
|
$12,300,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 49 holdings | |||
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