Littlejohn & Co 13F annual report
Littlejohn & Co is an investment fund managing more than $194 billion ran by Kenneth Warren. There are currently 12 companies in Mr. Warren’s portfolio. The largest investments include Forward Air and Cbl & Assoc Pptys Inc, together worth $83.3 billion.
$194 billion Assets Under Management (AUM)
As of 6th August 2024, Littlejohn & Co’s top holding is 2,239,709 shares of Forward Air currently worth over $42.6 billion and making up 22.0% of the portfolio value.
Relative to the number of outstanding shares of Forward Air, Littlejohn & Co owns less than approximately 0.1% of the company.
In addition, the fund holds 1,740,030 shares of Cbl & Assoc Pptys Inc worth $40.7 billion.
The third-largest holding is Tenet Healthcare worth $29 billion and the next is Aveanna Healthcare Hldgs Inc worth $24.6 billion, with 8,902,798 shares owned.
Currently, Littlejohn & Co's portfolio is worth at least $194 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 Littlejohn & Co
The Littlejohn & Co office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Kenneth Warren serves as the CFO at Littlejohn & Co.
Recent trades
In the most recent 13F filing, Littlejohn & Co revealed that it had opened a new position in
Forward Air and bought 2,239,709 shares worth $42.6 billion.
This means they effectively own approximately 0.1% of the company.
Forward Air makes up
86.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Aveanna Healthcare Hldgs Inc by buying
525,540 additional shares.
This makes their stake in Aveanna Healthcare Hldgs Inc total 8,902,798 shares worth $24.6 billion.
On the other hand, there are companies that Littlejohn & Co is getting rid of from its portfolio.
Littlejohn & Co closed its position in Insmed Inc on 13th August 2024.
It sold the previously owned 50,000 shares for $1.36 billion.
Kenneth Warren also disclosed a decreased stake in Tenet Healthcare by 0.1%.
This leaves the value of the investment at $29 billion and 218,193 shares.
One of the smallest hedge funds
The two most similar investment funds to Littlejohn & Co are Weitzel Services and Nova R Wealth. They manage $194 billion and $194 billion respectively.
Kenneth Warren investment strategy
Littlejohn & Co’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Industrials — making up 25.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
approximately 0.1% 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 $2.01 billion.
The complete list of Littlejohn & Co 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 |
|---|---|---|---|
| Forward Air Corp. |
Opened
2,239,709
|
$42,644,059,000 | 21.99% |
| Cbl & Assoc Pptys Inc |
No change
1,740,030
|
$40,681,901,000 | 20.98% |
| Tenet Healthcare Corp. |
13.00%
218,193
|
$29,026,215,000 | 14.97% |
| Aveanna Healthcare Hldgs Inc |
6.27%
8,902,798
|
$24,571,722,000 | 12.67% |
| Alvotech |
8.21%
1,318,534
|
$16,033,373,000 | 8.27% |
| Alight Inc. |
6.68%
1,357,359
|
$10,017,309,000 | 5.17% |
| Algoma Stl Group Inc |
8.95%
1,344,180
|
$9,355,493,000 | 4.82% |
| Emerald Holding Inc |
Opened
1,170,956
|
$6,662,740,000 | 3.44% |
| Chefs Whse Inc |
No change
145,409
|
$5,686,946,000 | 2.93% |
| Glatfelter Corporation |
19.01%
3,651,059
|
$5,074,972,000 | 2.62% |
| Seritage Growth Pptys |
7.86%
833,911
|
$3,894,364,000 | 2.01% |
| Insmed Inc |
Closed
50,000
|
$1,356,500,000 | |
| WW International Inc |
No change
232,500
|
$272,025,000 | 0.14% |
| Prosomnus Inc |
Closed
83,333
|
$47,416,000 | |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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