Kabouter Management 13F annual report
Kabouter Management is an investment fund managing more than $22.8 billion ran by Linda Choi. There are currently 6 companies in Mrs. Choi’s portfolio. The largest investments include Ishares Inc and Open Text Corp, together worth $19 billion.
$22.8 billion Assets Under Management (AUM)
As of 7th August 2024, Kabouter Management’s top holding is 243,761 shares of Ishares Inc currently worth over $16.7 billion and making up 73.3% of the portfolio value.
In addition, the fund holds 76,774 shares of Open Text Corp worth $2.29 billion, whose value fell 23.6% in the past six months.
The third-largest holding is Steris Plc worth $1.83 billion and the next is NICE Ltd worth $1.69 billion, with 10,013 shares owned.
Currently, Kabouter Management's portfolio is worth at least $22.8 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 Kabouter Management
The Kabouter Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Linda Choi serves as the Chief Operating Officer at Kabouter Management.
Recent trades
In the most recent 13F filing, Kabouter Management revealed that it had increased its stake in
Ishares Inc and bought 76,679 additional shares worth around .
On the other hand, there are companies that Kabouter Management is getting rid of from its portfolio.
Kabouter Management closed its position in Ishares Inc on 14th August 2024.
It sold the previously owned 12,884 shares for $756 million.
Linda Choi also disclosed a decreased stake in Open Text Corp by 0.3%.
This leaves the value of the investment at $2.29 billion and 76,774 shares.
One of the smallest hedge funds
The two most similar investment funds to Kabouter Management are Treasurer Of The State Of North Carolina and Cno. They manage $22.8 billion and $22.8 billion respectively.
Linda Choi investment strategy
Kabouter Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 17.5% of
the total portfolio value.
The fund focuses on investments in the Canada as
16.7% of the portfolio companies
are based in the Canada.
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
33% 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 $10.1 billion.
The complete list of Kabouter 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 |
|---|---|---|---|
| Ishares Inc |
45.89%
243,761
|
$16,714,467,000 | 73.31% |
| Open Text Corp |
27.56%
76,774
|
$2,293,323,000 | 10.06% |
| Steris Plc |
27.55%
8,440
|
$1,826,754,000 | 8.01% |
| NICE Ltd |
27.56%
10,013
|
$1,689,093,000 | 7.41% |
| Ishares Inc |
Closed
12,884
|
$755,658,000 | |
| Wns Hldgs Ltd |
Closed
11,641
|
$588,220,000 | |
| Ishares Tr |
Closed
10,506
|
$431,586,000 | |
| Autohome Inc |
Closed
12,206
|
$320,041,000 | |
| Dorian LPG Ltd |
5.36%
5,300
|
$221,540,000 | 0.97% |
| Ishares Tr |
No change
1,139
|
$53,221,000 | 0.23% |
| No transactions found | |||
| Showing first 500 out of 10 holdings | |||
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