Southport Management, L.L.C 13F annual report
Southport Management, L.L.C is an investment fund managing more than $18.8 billion ran by Jonathan Dawson. There are currently 20 companies in Mr. Dawson’s portfolio. The largest investments include Cheniere and Emcor, together worth $3.28 billion.
$18.8 billion Assets Under Management (AUM)
As of 6th February 2023, Southport Management, L.L.C’s top holding is 12,000 shares of Cheniere currently worth over $1.8 billion and making up 9.6% of the portfolio value.
Relative to the number of outstanding shares of Cheniere, Southport Management, L.L.C owns more than approximately 0.1% of the company.
In addition, the fund holds 10,000 shares of Emcor worth $1.48 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Navigator Hldgs Ltd worth $1.2 billion and the next is Proshares Tr worth $3.46 billion, with 105,000 shares owned.
Currently, Southport Management, L.L.C's portfolio is worth at least $18.8 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 Southport Management, L.L.C
The Southport Management, L.L.C office and employees reside in Wilson, Wyoming. According to the last 13-F report filed with the SEC, Jonathan Dawson serves as the Managing Member at Southport Management, L.L.C.
Recent trades
In the most recent 13F filing, Southport Management, L.L.C revealed that it had opened a new position in
Agnico Eagle Mines Ltd and bought 20,000 shares worth $1.04 billion.
This means they effectively own approximately 0.1% of the company.
Agnico Eagle Mines Ltd makes up
59.5%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Chargepoint by buying
50,000 additional shares.
This makes their stake in Chargepoint total 95,000 shares worth $905 million.
Chargepoint dropped approximately 0.1% in the past year.
On the other hand, there are companies that Southport Management, L.L.C is getting rid of from its portfolio.
Southport Management, L.L.C closed its position in AECOM on 13th February 2023.
It sold the previously owned 20,000 shares for $1.37 billion.
Jonathan Dawson also disclosed a decreased stake in Cheniere by 0.1%.
This leaves the value of the investment at $1.8 billion and 12,000 shares.
One of the average hedge funds
The two most similar investment funds to Southport Management, L.L.C are Rockefeller Capital Management L.P. and Personal Capital Advisors Corp. They manage $18.7 billion and $18.5 billion respectively.
Jonathan Dawson investment strategy
Southport Management, L.L.C’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Energy — making up 27.9% of
the total portfolio value.
The fund focuses on investments in the United States as
55.0% 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
40% 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 $22.9 billion.
The complete list of Southport Management, L.L.C trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Cheniere Energy Inc. |
11.11%
12,000
|
$1,799,520,000 | 9.59% |
| Emcor Group, Inc. |
No change
10,000
|
$1,481,100,000 | 7.89% |
| AECOM |
Closed
20,000
|
$1,367,400,000 | |
| Navigator Hldgs Ltd |
No change
100,000
|
$1,196,000,000 | 6.37% |
| Proshares Tr |
38.24%
105,000
|
$3,455,400,000 | 18.41% |
| Cheniere Energy Partners LP |
9.34%
19,409
|
$1,103,790,000 | 5.88% |
| Devon Energy Corp. |
18.76%
17,320
|
$1,065,353,000 | 5.67% |
| Agnico Eagle Mines Ltd |
Opened
20,000
|
$1,039,800,000 | 5.54% |
| Carrier Global Corporation |
No change
25,000
|
$1,031,250,000 | 5.49% |
| Chargepoint Holdings Inc. |
111.11%
95,000
|
$905,350,000 | 4.82% |
| Halliburton Co. |
Opened
21,000
|
$826,350,000 | 4.40% |
| Quanta Svcs Inc |
Closed
6,000
|
$764,340,000 | |
| Newmont Corp |
Opened
15,000
|
$708,000,000 | 3.77% |
| Pioneer Nat Res Co |
No change
2,504
|
$571,889,000 | 3.05% |
| Spdr Ser Tr |
Opened
6,500
|
$539,500,000 | 2.87% |
| Newell Brands Inc. |
No change
40,000
|
$523,200,000 | 2.79% |
| Enerflex Ltd |
Opened
81,782
|
$516,862,000 | 2.75% |
| Cf Inds Hldgs Inc |
50.00%
6,000
|
$511,200,000 | 2.72% |
| Ishares Tr |
Opened
5,000
|
$497,800,000 | 2.65% |
| Netflix Inc. |
Closed
2,000
|
$470,880,000 | |
| Microsoft Corporation |
Closed
2,000
|
$465,800,000 | |
| Archer Daniels Midland Co. |
Opened
5,000
|
$464,250,000 | 2.47% |
| Southwestern Energy Company |
87.50%
75,000
|
$438,750,000 | 2.34% |
| Citigroup Inc |
Closed
10,000
|
$416,700,000 | |
| Las Vegas Sands Corp |
Closed
10,000
|
$375,200,000 | |
| Exterran Corp |
Closed
80,100
|
$333,216,000 | |
| APA Corporation |
Closed
5,000
|
$170,950,000 | |
| Diana Shipping Inc |
No change
25,000
|
$97,500,000 | 0.52% |
| Oceanpal Inc |
Closed
5,000
|
$1,526,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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