Ascendant Capital Management 13F annual report
Ascendant Capital Management is an investment fund managing more than $75.2 billion ran by Sam Puathasnanon. There are currently 48 companies in Mr. Puathasnanon’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $15.5 billion.
$75.2 billion Assets Under Management (AUM)
As of 8th May 2023, Ascendant Capital Management’s top holding is 96,000 shares of Spdr Ser Tr currently worth over $8.46 billion and making up 11.2% of the portfolio value.
In addition, the fund holds 70,500 shares of Ishares Tr worth $7.07 billion.
The third-largest holding is Ishares Tr worth $10.7 billion and the next is Ssga Active Etf Tr worth $3.52 billion, with 85,000 shares owned.
Currently, Ascendant Capital Management's portfolio is worth at least $75.2 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 Ascendant Capital Management
The Ascendant Capital Management office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Sam Puathasnanon serves as the Chief Compliance Officer at Ascendant Capital Management.
Recent trades
In the most recent 13F filing, Ascendant Capital Management revealed that it had opened a new position in
Spdr Ser Tr and bought 96,000 shares worth $8.46 billion.
The investment fund also strengthened its position in Ishares Tr by buying
25,000 additional shares.
This makes their stake in Ishares Tr total 70,500 shares worth $7.07 billion.
On the other hand, there are companies that Ascendant Capital Management is getting rid of from its portfolio.
Ascendant Capital Management closed its position in Select Sector Spdr Tr on 15th May 2023.
It sold the previously owned 18,000 shares for $2.45 billion.
Sam Puathasnanon also disclosed a decreased stake in VanEck ETF Trust by 0.3%.
This leaves the value of the investment at $1.12 billion and 40,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Ascendant Capital Management are Lattice Capital Management and Citadel Advisors. They manage $75.4 billion and $75.6 billion respectively.
Sam Puathasnanon investment strategy
Ascendant Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 12.2% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $260 billion.
The complete list of Ascendant Capital Management trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Spdr Ser Tr |
Opened
96,000
|
$8,457,470,000 | 11.25% |
| Ishares Tr |
54.95%
70,500
|
$7,070,880,000 | 9.40% |
| Ishares Tr |
Opened
173,500
|
$10,691,705,000 | 14.22% |
| Ssga Active Etf Tr |
Opened
85,000
|
$3,524,100,000 | 4.69% |
| Invesco Exch Traded Fd Tr Ii |
Opened
120,000
|
$3,225,600,000 | 4.29% |
| Vanguard Charlotte Fds |
Opened
54,000
|
$2,641,680,000 | 3.51% |
| Select Sector Spdr Tr |
Closed
18,000
|
$2,445,300,000 | |
| Amazon.com Inc. |
80.00%
18,000
|
$1,859,220,000 | 2.47% |
| VanEck ETF Trust |
Opened
218,500
|
$4,838,140,000 | 6.43% |
| Northrop Grumman Corp. |
Closed
3,000
|
$1,636,830,000 | |
| Alphabet Inc |
No change
15,000
|
$1,555,950,000 | 2.07% |
| Select Sector Spdr Tr |
Opened
22,000
|
$1,489,180,000 | 1.98% |
| NVIDIA Corp |
11.11%
5,000
|
$1,388,850,000 | 1.85% |
| Invesco Exch Traded Fd Tr Ii |
Closed
66,000
|
$1,354,980,000 | |
| MercadoLibre Inc |
Opened
1,000
|
$1,318,060,000 | 1.75% |
| Quanta Svcs Inc |
36.36%
7,500
|
$1,249,800,000 | 1.66% |
| Apple Inc |
25.00%
7,500
|
$1,236,750,000 | 1.64% |
| VanEck ETF Trust |
27.27%
40,000
|
$1,120,800,000 | 1.49% |
| Academy Sports Outdoors In |
Opened
17,000
|
$1,109,250,000 | 1.47% |
| Lilly Eli Co |
Closed
3,000
|
$1,097,520,000 | |
| Advanced Micro Devices Inc. |
10.00%
11,000
|
$1,078,110,000 | 1.43% |
| Super Micro Computer Inc |
Opened
10,000
|
$1,065,500,000 | 1.42% |
| Spdr Ser Tr |
Closed
12,500
|
$1,037,500,000 | |
| Fair, Isaac Corp. |
7.69%
1,400
|
$983,766,000 | 1.31% |
| CME Group Inc |
Opened
5,000
|
$957,600,000 | 1.27% |
| M/i Homes Inc |
Opened
14,500
|
$914,805,000 | 1.22% |
| Lululemon Athletica inc. |
No change
2,500
|
$910,475,000 | 1.21% |
| Globalfoundries Inc |
Opened
12,500
|
$902,250,000 | 1.20% |
| Visa Inc |
11.11%
4,000
|
$901,840,000 | 1.20% |
| Mobileye Global Inc |
Opened
20,500
|
$887,035,000 | 1.18% |
| Microsoft Corporation |
76.47%
3,000
|
$864,900,000 | 1.15% |
| Oreilly Automotive Inc |
Closed
1,000
|
$844,030,000 | |
| Lamb Weston Holdings Inc |
Opened
8,000
|
$836,160,000 | 1.11% |
| Align Technology, Inc. |
Opened
2,500
|
$835,350,000 | 1.11% |
| Sea Ltd |
Opened
9,500
|
$822,225,000 | 1.09% |
| Monster Beverage Corp. |
Opened
15,000
|
$810,150,000 | 1.08% |
| Logitech Intl S A |
Closed
13,000
|
$809,250,000 | |
| Unitedhealth Group Inc |
Closed
1,500
|
$795,270,000 | |
| Celsius Holdings Inc |
Closed
7,600
|
$790,704,000 | |
| Archer Daniels Midland Co. |
Closed
8,500
|
$789,225,000 | |
| Griffon Corp. |
Closed
21,000
|
$751,590,000 | |
| Jabil Inc |
88.89%
8,500
|
$749,360,000 | 1.00% |
| Royal Gold, Inc. |
Opened
5,700
|
$739,347,000 | 0.98% |
| Intercontinental Exchange In |
Closed
7,200
|
$738,648,000 | |
| FirstCash Holdings Inc |
Opened
7,700
|
$734,349,000 | 0.98% |
| Crocs Inc |
Opened
5,800
|
$733,352,000 | 0.98% |
| Exact Sciences Corp. |
Opened
10,500
|
$712,005,000 | 0.95% |
| Schlumberger Ltd |
Opened
14,000
|
$687,400,000 | 0.91% |
| Epam Sys Inc |
Closed
2,000
|
$655,480,000 | |
| Mosaic Co New |
Opened
14,000
|
$642,320,000 | 0.85% |
| Workday Inc |
Opened
3,000
|
$619,620,000 | 0.82% |
| Trade Desk Inc |
No change
10,000
|
$609,100,000 | 0.81% |
| Mcdonalds Corp |
33.33%
2,000
|
$559,220,000 | 0.74% |
| United Therapeutics Corp |
Closed
2,000
|
$556,180,000 | |
| Proshares Tr |
Opened
25,000
|
$528,250,000 | 0.70% |
| Arista Networks Inc |
Opened
3,000
|
$503,580,000 | 0.67% |
| Cigna Group (The) |
Closed
1,500
|
$497,010,000 | |
| Cardinal Health, Inc. |
Closed
5,500
|
$422,785,000 | |
| Booz Allen Hamilton Hldg Cor |
Closed
4,000
|
$418,080,000 | |
| Meta Platforms Inc |
Opened
1,800
|
$381,492,000 | 0.51% |
| Vertex Pharmaceuticals, Inc. |
Closed
1,300
|
$375,414,000 | |
| Agnc Invt Corp |
Closed
35,000
|
$362,250,000 | |
| Regeneron Pharmaceuticals, Inc. |
Closed
500
|
$360,745,000 | |
| Moderna Inc |
Closed
2,000
|
$359,240,000 | |
| Kraneshares Tr |
Opened
11,500
|
$358,685,000 | 0.48% |
| Neurocrine Biosciences, Inc. |
Closed
3,000
|
$358,320,000 | |
| Nucor Corp. |
Opened
2,000
|
$308,940,000 | 0.41% |
| Par Pac Holdings Inc |
Opened
10,000
|
$292,000,000 | 0.39% |
| Titan Machy Inc |
Opened
9,000
|
$274,050,000 | 0.36% |
| Enphase Energy Inc |
Closed
1,000
|
$264,960,000 | |
| Blackstone Secd Lending Fd |
Opened
9,000
|
$224,370,000 | 0.30% |
| No transactions found | |||
| Showing first 500 out of 71 holdings | |||
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