Yarra Square Partners L.P. 13F annual report
Yarra Square Partners L.P. is an investment fund managing more than $111 billion ran by Michael Herring. There are currently 21 companies in Mr. Herring’s portfolio. The largest investments include Blue Owl Capital Inc and Sharkninja Inc, together worth $23.8 billion.
$111 billion Assets Under Management (AUM)
As of 6th August 2024, Yarra Square Partners L.P.’s top holding is 738,762 shares of Blue Owl Capital Inc currently worth over $13.1 billion and making up 11.8% of the portfolio value.
In addition, the fund holds 142,750 shares of Sharkninja Inc worth $10.7 billion.
The third-largest holding is Amazon.com worth $9.65 billion and the next is Pagaya Technologies Ltd worth $7.9 billion, with 619,345 shares owned.
Currently, Yarra Square Partners L.P.'s portfolio is worth at least $111 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 Yarra Square Partners L.P.
The Yarra Square Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Herring serves as the Chief Financial Officer at Yarra Square Partners L.P..
Recent trades
In the most recent 13F filing, Yarra Square Partners L.P. revealed that it had opened a new position in
Grindr Inc and bought 245,500 shares worth $3 billion.
The investment fund also strengthened its position in Pagaya Technologies Ltd by buying
142,500 additional shares.
This makes their stake in Pagaya Technologies Ltd total 619,345 shares worth $7.9 billion.
On the other hand, there are companies that Yarra Square Partners L.P. is getting rid of from its portfolio.
Yarra Square Partners L.P. closed its position in Target Hospitality on 13th August 2024.
It sold the previously owned 391,208 shares for $4.25 billion.
Michael Herring also disclosed a decreased stake in Blue Owl Capital Inc by approximately 0.1%.
This leaves the value of the investment at $13.1 billion and 738,762 shares.
One of the smallest hedge funds
The two most similar investment funds to Yarra Square Partners L.P. are Impala Asset Management and Sherrill & Hutchins Advisory, Inc. They manage $111 billion and $111 billion respectively.
Michael Herring investment strategy
Yarra Square Partners L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 21.3% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
19% 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 $23.3 billion.
The complete list of Yarra Square Partners 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 |
|---|---|---|---|
| Blue Owl Capital Inc |
3.78%
738,762
|
$13,113,026,000 | 11.82% |
| Sharkninja Inc |
No change
142,750
|
$10,727,663,000 | 9.67% |
| Amazon.com Inc. |
No change
49,910
|
$9,645,108,000 | 8.70% |
| Pagaya Technologies Ltd |
29.88%
619,345
|
$7,902,842,000 | 7.13% |
| Newpark Res Inc |
No change
814,100
|
$6,765,171,000 | 6.10% |
| Transdigm Group Incorporated |
No change
5,191
|
$6,632,074,000 | 5.98% |
| Corpay Inc |
9.67%
23,817
|
$6,345,087,000 | 5.72% |
| Despegar.com Corp |
15.17%
443,400
|
$5,866,182,000 | 5.29% |
| ServiceNow Inc |
6.67%
6,878
|
$5,410,716,000 | 4.88% |
| Gen Digital Inc |
41.94%
200,008
|
$4,996,200,000 | 4.51% |
| Target Hospitality Corp. |
Closed
391,208
|
$4,252,431,000 | |
| Dlocal Ltd |
Closed
289,009
|
$4,248,432,000 | |
| Gogo Inc |
14.71%
441,388
|
$4,246,153,000 | 3.83% |
| Sweetgreen, Inc. |
13.80%
140,500
|
$4,234,670,000 | 3.82% |
| Willscot Mobil Mini Hldng Co |
46.37%
104,087
|
$3,917,835,000 | 3.53% |
| Hilton Grand Vacations Inc |
No change
96,150
|
$3,887,345,000 | 3.51% |
| Taboola.com Ltd |
6.13%
1,113,858
|
$3,831,672,000 | 3.46% |
| Grindr Inc |
Opened
245,500
|
$3,004,920,000 | 2.71% |
| Core Scientific Inc New |
Opened
296,000
|
$2,752,800,000 | 2.48% |
| Gambling Com Group Limited |
27.24%
312,981
|
$2,572,704,000 | 2.32% |
| Natural Resource Partners L |
No change
25,600
|
$2,294,784,000 | 2.07% |
| Iris Energy Ltd |
Opened
132,000
|
$1,490,280,000 | 1.34% |
| Lions Gate Entmnt Corp |
Opened
147,110
|
$1,260,733,000 | 1.14% |
| Opal Fuels Inc |
Closed
175,095
|
$878,977,000 | |
| ContextLogic Inc. |
Closed
138,842
|
$790,011,000 | |
| NeoGames S.A. |
Closed
15,667
|
$453,716,000 | |
| No transactions found | |||
| Showing first 500 out of 26 holdings | |||
Hedge funds similar to Yarra Square Partners L.P.
- Kuhn & Co Investment Counsel
- Perissos Private Wealth Management
- Lrt Capital Management
- Alpha Partners
- Clearfield Capital Management L.P.
- Fpc Investment Advisory, Inc
- Impala Asset Management
- Sherrill & Hutchins Advisory, Inc
- Alterna Wealth Management, Inc
- Pom Investment Strategies
- Emfo
- Wasserstein Debt Opportunities Management, L.P.
- Black Maple Capital Management L.P.
- Idg China Venture Capital Fund V Associates L.P.