Fifth Lane Capital, L.P. 13F annual report

Fifth Lane Capital, L.P. is an investment fund managing more than $45.3 billion ran by Joseph Sowin. There are currently 50 companies in Mr. Sowin’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Investcorp Europe Acquisitio, together worth $21.3 billion.

Limited to 30 biggest holdings

$45.3 billion Assets Under Management (AUM)

As of 7th August 2024, Fifth Lane Capital, L.P.’s top holding is 25,000 shares of Spdr S&p 500 Etf Tr currently worth over $13.6 billion and making up 30.0% of the portfolio value. In addition, the fund holds 674,222 shares of Investcorp Europe Acquisitio worth $7.65 billion. The third-largest holding is Merck & Co Inc worth $3.71 billion and the next is Spdr Ser Tr worth $2.27 billion, with 36,311 shares owned.

Currently, Fifth Lane Capital, L.P.'s portfolio is worth at least $45.3 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 Fifth Lane Capital, L.P.

The Fifth Lane Capital, L.P. office and employees reside in Austin, Texas. According to the last 13-F report filed with the SEC, Joseph Sowin serves as the Chief Operating Officer at Fifth Lane Capital, L.P..

Recent trades

In the most recent 13F filing, Fifth Lane Capital, L.P. revealed that it had opened a new position in Merck & Co Inc and bought 30,000 shares worth $3.71 billion. This means they effectively own approximately 0.1% of the company. Merck & Co Inc makes up 77.2% of the fund's Health Care sector allocation and has grown its share price by 5.0% in the past year.

The investment fund also strengthened its position in Investcorp Europe Acquisitio by buying 473,036 additional shares. This makes their stake in Investcorp Europe Acquisitio total 674,222 shares worth $7.65 billion.

On the other hand, there are companies that Fifth Lane Capital, L.P. is getting rid of from its portfolio. Fifth Lane Capital, L.P. closed its position in Callon Pete Co Del on 14th August 2024. It sold the previously owned 524,908 shares for $18.8 billion. Joseph Sowin also disclosed a decreased stake in Sbny 5.0 31 Dec 2049 A - Pfd by 0.5%. This leaves the value of the investment at $548 million and 90,585 shares.

One of the smallest hedge funds

The two most similar investment funds to Fifth Lane Capital, L.P. are Quaero Capital S.A. and Lsv Asset Management. They manage $45.2 billion and $45.6 billion respectively.


Joseph Sowin investment strategy

Fifth Lane Capital, L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Health Care — making up 10.6% of the total portfolio value. The fund focuses on investments in the United States as 24.0% 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 14% 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 $27.4 billion.

The complete list of Fifth Lane Capital, L.P. 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
Callon Pete Co Del
Closed
524,908
$18,770,710,000
Spdr S&p 500 Etf Tr
No change
25,000
$13,605,500,000 30.04%
Investcorp Europe Acquisitio
235.12%
674,222
$7,652,420,000 16.90%
Axonics Inc
Closed
80,000
$5,517,600,000
Merck & Co Inc
Opened
30,000
$3,714,000,000 8.20%
Vizio Hldg Corp
Closed
312,556
$3,419,363,000
Star Bulk Carriers Corp
Closed
77,752
$1,855,940,000
AltC Acquisition Corp.
Closed
150,000
$1,713,000,000
McGrath Rentcorp
Closed
13,179
$1,625,893,000
Brookfield Renewable Corporation
Closed
65,789
$1,616,436,000
Spdr Ser Tr
Opened
36,311
$2,273,518,000 5.02%
Atlantic Un Bankshares Corp
Closed
44,194
$1,560,490,000
Select Sector Spdr Tr
Opened
61,610
$4,517,536,000 9.98%
Capri Holdings Limited
Closed
33,000
$1,494,900,000
Hireright Holdings Corporati
Closed
100,000
$1,427,000,000
Disney Walt Co
No change
10,000
$992,900,000 2.19%
Discover Finl Svcs
Closed
7,500
$983,175,000
Masonite Intl Corp
Closed
7,244
$952,224,000
Solventum Corp
Closed
12,605
$825,880,000
First Tr Exchange Traded Fd
Opened
12,379
$797,641,000 1.76%
United Parks & Resorts Inc.
Opened
13,950
$757,625,000 1.67%
Brookfield Renewable Partner
Opened
30,000
$743,100,000 1.64%
Juniper Networks Inc
Closed
20,000
$741,200,000
Appfolio Inc
Closed
3,000
$740,220,000
Ansys Inc.
Opened
2,125
$683,188,000 1.51%
MGE Energy, Inc.
Opened
9,037
$675,245,000 1.49%
Paramount Global
Closed
40,000
$549,600,000
Sbny 5.0 31 Dec 2049 A - Pfd
52.42%
90,585
$548,039,000 1.21%
Digital Rlty Tr Inc
Opened
3,421
$520,163,000 1.15%
Seritage Growth Pptys
31.73%
106,849
$498,985,000 1.10%
Crowdstrike Holdings Inc
Closed
1,320
$423,179,000
Sunoco Lp/sunoco Fin Corp
Closed
6,952
$419,136,000
United States Stl Corp New
Closed
10,000
$407,800,000
Odyssey Marine Expl Inc
70.63%
80,194
$391,347,000 0.86%
Fox Factory Hldg Corp
Closed
7,316
$380,944,000
KBR Inc
Closed
5,878
$374,193,000
Avangrid Inc
Opened
10,500
$373,065,000 0.82%
Caesars Entertainment Inc Ne
Opened
9,000
$357,660,000 0.79%
Inhibrx, Inc.
Closed
10,200
$356,592,000
Fusion Pharmaceuticals Inc.
Closed
16,000
$341,120,000
Cannae Holdings Inc
Closed
15,000
$333,600,000
Reddit Inc
Opened
5,000
$319,450,000 0.71%
Green Plains Inc
Closed
13,500
$312,120,000
Palantir Technologies Inc.
20.00%
12,000
$303,960,000 0.67%
Albertsons Cos Inc
0.86%
15,000
$296,250,000 0.65%
Genco Shipping & Trading Ltd
Closed
14,199
$288,666,000
Tidal Etf Tr
Closed
9,527
$285,810,000
Armada Acquisition Corp I
Opened
25,000
$284,500,000 0.63%
R1 RCM Inc.
59.09%
22,500
$282,600,000 0.62%
Catalent Inc.
No change
5,000
$281,150,000 0.62%
Raymond James Finl Inc
Closed
2,179
$279,827,000
Provident Finl Svcs Inc
Closed
19,107
$278,389,000
Brown & Brown, Inc.
Closed
3,168
$277,327,000
Genuine Parts Co.
Closed
1,774
$274,846,000
General Electric Co
Closed
1,500
$263,295,000
Colombier Acquisition Corp I
Opened
25,000
$256,875,000 0.57%
Workday Inc
Closed
928
$253,112,000
Nutanix Inc
Opened
4,425
$251,561,000 0.56%
Reinsurance Grp Of America I
Opened
1,191
$244,477,000 0.54%
Apollo Global Mgmt Inc
Closed
2,172
$244,241,000
Calumet Specialty Prods Part
13.64%
15,000
$240,750,000 0.53%
KKR & Co. Inc
Closed
2,324
$233,748,000
Ishares Tr
Opened
2,680
$232,892,000 0.51%
Natera Inc
Opened
2,113
$228,817,000 0.51%
Interactive Brokers Group In
Opened
1,843
$225,952,000 0.50%
Flex Ltd
Opened
7,626
$224,891,000 0.50%
Us Foods Hldg Corp
Opened
4,230
$224,105,000 0.49%
Blue World Acquisition Corp
Closed
20,000
$223,600,000
Mural Oncology Pub Ltd Co
Closed
45,000
$220,050,000
Tenet Healthcare Corp.
Opened
1,616
$214,976,000 0.47%
Roivant Sciences Ltd
Closed
20,000
$210,800,000
Baidu Inc
Closed
2,000
$210,560,000
Amcor Plc
Opened
21,195
$207,287,000 0.46%
Graphic Packaging Hldg Co
Opened
7,808
$204,648,000 0.45%
Sonoco Prods Co
Opened
4,033
$204,554,000 0.45%
Packaging Corp Amer
23.34%
1,120
$204,467,000 0.45%
Avery Dennison Corp.
Opened
930
$203,345,000 0.45%
Ishares Tr
Closed
3,425
$200,671,000
Alumis Inc
Opened
13,000
$172,900,000 0.38%
Petco Health & Wellness Co I
Opened
45,000
$170,100,000 0.38%
Hamilton Insurance Group Ltd
Closed
10,864
$151,336,000
Macatawa Bk Corp
Opened
10,100
$147,460,000 0.33%
Golden Ocean Group Ltd
Closed
10,550
$136,728,000
Drilling Tools Intl Corp
Closed
45,000
$135,000,000
Burford Cap Ltd
33.33%
10,000
$130,500,000 0.29%
Spire Global Inc
Closed
10,500
$126,000,000
Sk Growth Opportunities Corp
79.60%
10,200
$113,424,000 0.25%
Imperial Pete Inc
Opened
27,865
$108,116,000 0.24%
Blend Labs, Inc.
Closed
32,118
$104,384,000
Getty Images Holdings Inc
Closed
24,958
$103,576,000
Enhabit, Inc.
Opened
10,000
$89,200,000 0.20%
Alimera Sciences Inc.
Closed
21,238
$82,828,000
Terran Orbital Corporation
Closed
60,968
$79,868,000
Brdtla 7.625 31 Dec 2049 A - Pfd
1.26%
482,617
$60,327,000 0.13%
Franklin Str Pptys Corp
Closed
24,832
$56,369,000
Talkspace Inc
Closed
15,513
$55,381,000
Reneo Pharmaceuticals Inc
Closed
32,635
$54,174,000
NN Inc
Closed
11,169
$52,941,000
Screaming Eagle Acquisitn Co
Closed
110,740
$52,325,000
Industrial Logistics Pptys T
Closed
11,448
$49,112,000
Wheels Up Experience Inc
Closed
15,552
$44,634,000
Telos Corp Md
Closed
10,467
$43,543,000
Lilium N V
Opened
30,000
$23,841,000 0.05%
Ftc Solar Inc
33.33%
50,000
$17,650,000 0.04%
Top Wealth Group Hldg Ltd
Opened
15,000
$12,915,000 0.03%
Hwh Intl Inc
Closed
10,000
$9,500,000
Aura Fat Projs Acquisition C
Closed
86,692
$1,127,000
Cero Therapeutics Hldgs Inc
Opened
76,593
$0 0.00%
No transactions found
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