Cannon Global Investment Management is an investment fund managing more than $21.5 billion ran by Benjamin Flora. There are currently 34 companies in Mr. Flora’s portfolio. The largest investments include Protagonist Therapeutics Inc and Capri Holdings Limited, together worth $4.74 billion.
As of 26th July 2024, Cannon Global Investment Management’s top holding is 69,900 shares of Protagonist Therapeutics Inc currently worth over $2.42 billion and making up 11.3% of the portfolio value.
Relative to the number of outstanding shares of Protagonist Therapeutics Inc, Cannon Global Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 70,096 shares of Capri Holdings Limited worth $2.32 billion.
The third-largest holding is United States Stl Corp New worth $2.14 billion and the next is Spdr Ser Tr worth $1.18 billion, with 23,700 shares owned.
Currently, Cannon Global Investment Management's portfolio is worth at least $21.5 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.
The Cannon Global Investment Management office and employees reside in Davie, Florida. According to the last 13-F report filed with the SEC, Benjamin Flora serves as the Chief Compliance Officer & Chief Operations Officer at Cannon Global Investment Management.
In the most recent 13F filing, Cannon Global Investment Management revealed that it had opened a new position in
Protagonist Therapeutics Inc and bought 69,900 shares worth $2.42 billion.
This means they effectively own approximately 0.1% of the company.
Protagonist Therapeutics Inc makes up
81.6%
of the fund's Health Care sector allocation and has grown its share price by 104.4% in the past year.
The investment fund also strengthened its position in United States Stl Corp New by buying
6,100 additional shares.
This makes their stake in United States Stl Corp New total 56,500 shares worth $2.14 billion.
On the other hand, there are companies that Cannon Global Investment Management is getting rid of from its portfolio.
Cannon Global Investment Management closed its position in Callon Pete Co Del on 2nd August 2024.
It sold the previously owned 210,000 shares for $7.51 billion.
Benjamin Flora also disclosed a decreased stake in Workday Inc by 0.3%.
This leaves the value of the investment at $782 million and 3,500 shares.
The two most similar investment funds to Cannon Global Investment Management are Mizuho Markets Cayman L.P. and Mesirow Investment Management. They manage $21.6 billion and $21.2 billion respectively.
Cannon Global Investment Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 13.8% of
the total portfolio value.
The fund focuses on investments in the United States as
44.1% 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
15% 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 $7.85 billion.
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Callon Pete Co Del |
Closed
210,000
|
$7,509,600,000 | |
| First Tr Exchange-traded Fd |
Closed
20,400
|
$4,183,836,000 | |
| Protagonist Therapeutics Inc |
Opened
69,900
|
$2,422,035,000 | 11.28% |
| Capri Holdings Limited |
Opened
70,096
|
$2,318,776,000 | 10.80% |
| United States Stl Corp New |
12.10%
56,500
|
$2,135,700,000 | 9.95% |
| Spdr Ser Tr |
Opened
23,700
|
$1,180,971,000 | 5.50% |
| Cnh Indl N V |
96.08%
100,000
|
$1,013,000,000 | 4.72% |
| Solventum Corp |
Closed
13,000
|
$904,150,000 | |
| Clearwater Analytics Hldgs I |
Closed
48,500
|
$857,965,000 | |
| CRH Plc |
Closed
9,800
|
$845,348,000 | |
| TechnipFMC plc |
Opened
31,000
|
$810,650,000 | 3.78% |
| Workday Inc |
28.57%
3,500
|
$782,460,000 | 3.64% |
| DocuSign Inc |
Opened
14,300
|
$765,050,000 | 3.56% |
| Bentley Sys Inc |
Opened
14,900
|
$735,464,000 | 3.43% |
| Avantor, Inc. |
5.61%
33,900
|
$718,680,000 | 3.35% |
| Cheniere Energy Inc. |
52.38%
4,000
|
$699,320,000 | 3.26% |
| Biomarin Pharmaceutical Inc. |
Closed
7,800
|
$681,252,000 | |
| Cytokinetics Inc |
Closed
9,700
|
$680,067,000 | |
| Vertex Inc |
Closed
21,200
|
$673,312,000 | |
| Atkore Inc |
Closed
3,400
|
$647,224,000 | |
| Burford Cap Ltd |
Closed
39,400
|
$629,218,000 | |
| Liberty Media Corp. |
66.04%
52,800
|
$1,169,781,000 | 5.45% |
| Indivior Plc |
Closed
26,300
|
$563,346,000 | |
| Willscot Mobil Mini Hldng Co |
Closed
12,000
|
$558,000,000 | |
| United States Cellular Corporation |
Closed
14,300
|
$521,950,000 | |
| Soleno Therapeutics Inc |
Closed
11,800
|
$505,040,000 | |
| Spdr Ser Tr |
Closed
3,800
|
$498,712,000 | |
| Viper Energy Inc |
Closed
12,100
|
$465,366,000 | |
| Texas Pacific Land Corporati |
Closed
800
|
$462,808,000 | |
| DENTSPLY Sirona Inc |
Closed
13,900
|
$461,341,000 | |
| Construction Partners Inc |
Closed
8,200
|
$460,430,000 | |
| Dillards Inc |
Opened
1,000
|
$440,390,000 | 2.05% |
| Surgery Partners Inc |
12.62%
18,000
|
$428,220,000 | 1.99% |
| Gates Indl Corp Plc |
Opened
27,000
|
$426,870,000 | 1.99% |
| Dream Finders Homes, Inc. |
207.69%
16,000
|
$413,120,000 | 1.92% |
| Modine Mfg Co |
Opened
4,000
|
$400,760,000 | 1.87% |
| Acushnet Hldgs Corp |
Opened
5,800
|
$368,184,000 | 1.71% |
| Beacon Roofing Supply Inc |
Opened
4,022
|
$363,991,000 | 1.70% |
| Tpg Inc |
Opened
8,600
|
$356,470,000 | 1.66% |
| Select Sector Spdr Tr |
Opened
4,000
|
$353,240,000 | 1.65% |
| American Superconductor Corp. |
Closed
25,500
|
$344,505,000 | |
| Paramount Global |
Closed
29,200
|
$343,684,000 | |
| Lazard Inc. |
Opened
9,000
|
$343,620,000 | 1.60% |
| Zurn Elkay Water Solns Corp |
Closed
10,200
|
$341,394,000 | |
| Herc Holdings Inc |
Opened
2,500
|
$333,225,000 | 1.55% |
| U-Haul Holding Company |
Closed
4,900
|
$330,946,000 | |
| Pegasystems Inc. |
Opened
5,200
|
$314,756,000 | 1.47% |
| Lincoln Elec Hldgs Inc |
Closed
1,200
|
$306,528,000 | |
| Leonardo DRS, Inc. |
63.41%
12,000
|
$306,120,000 | 1.43% |
| Sphere Entertainment Co |
Closed
5,900
|
$289,572,000 | |
| Palantir Technologies Inc. |
Closed
12,400
|
$285,324,000 | |
| Diversified Energy Company P |
Closed
23,400
|
$281,502,000 | |
| Dell Technologies Inc |
11.11%
2,000
|
$275,820,000 | 1.28% |
| Diebold Nixdorf Inc |
Closed
8,000
|
$275,520,000 | |
| Dutch Bros Inc. |
73.79%
6,500
|
$269,100,000 | 1.25% |
| Fox Factory Hldg Corp |
Closed
5,000
|
$260,350,000 | |
| Steelcase, Inc. |
Opened
20,000
|
$259,200,000 | 1.21% |
| Pennymac Finl Svcs Inc New |
Opened
2,700
|
$255,420,000 | 1.19% |
| Transocean Ltd |
Closed
39,700
|
$249,316,000 | |
| R1 RCM Inc. |
Closed
18,200
|
$234,416,000 | |
| Ur-Energy Inc. |
Closed
139,800
|
$223,680,000 | |
| United Parks Resorts Inc |
Opened
4,000
|
$217,240,000 | 1.01% |
| Skyline Champion Corp |
Opened
3,200
|
$216,800,000 | 1.01% |
| Sharecare Inc |
Opened
150,000
|
$202,500,000 | 0.94% |
| Wheels Up Experience Inc |
Closed
50,500
|
$144,935,000 | |
| American Pub Ed Inc |
Closed
10,200
|
$144,840,000 | |
| Tscan Therapeutics Inc |
Closed
17,500
|
$138,950,000 | |
| Verastem Inc |
Closed
11,100
|
$130,980,000 | |
| Honest Co Inc |
Closed
30,000
|
$121,500,000 | |
| MiMedx Group, Inc |
Opened
17,000
|
$117,810,000 | 0.55% |
| Absci Corporation |
Closed
18,272
|
$103,785,000 | |
| Rekor Systems Inc |
Closed
41,000
|
$93,890,000 | |
| Telos Corp Md |
Closed
22,532
|
$93,733,000 | |
| Shattuck Labs, Inc. |
Closed
10,200
|
$91,188,000 | |
| NN Inc |
Closed
18,000
|
$85,320,000 | |
| Taysha Gene Therapies, Inc. |
Closed
24,200
|
$69,454,000 | |
| Blend Labs, Inc. |
Closed
20,000
|
$65,000,000 | |
| RumbleON Inc |
Closed
10,000
|
$64,600,000 | |
| Gan Ltd |
40.80%
37,000
|
$54,575,000 | 0.25% |
| Standard BioTools Inc |
Closed
20,000
|
$54,200,000 | |
| Akebia Therapeutics Inc. |
Closed
28,000
|
$51,240,000 | |
| Scilex Holding Co |
Closed
25,000
|
$39,750,000 | |
| Franklin Str Pptys Corp |
Closed
11,100
|
$25,197,000 | |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||