Bwcp, L.P. 13F annual report
Bwcp, L.P. is an investment fund managing more than $398 billion ran by Robert Giacobbe. There are currently 21 companies in Mr. Giacobbe’s portfolio. The largest investments include Zeta Global and Boyd Gaming, together worth $63.1 billion.
$398 billion Assets Under Management (AUM)
As of 7th August 2024, Bwcp, L.P.’s top holding is 1,805,867 shares of Zeta Global currently worth over $31.9 billion and making up 8.0% of the portfolio value.
Relative to the number of outstanding shares of Zeta Global, Bwcp, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 566,607 shares of Boyd Gaming worth $31.2 billion, whose value fell 13.1% in the past six months.
The third-largest holding is Amazon.com worth $29 billion and the next is Topgolf Callaway Brands Corp worth $28.4 billion, with 1,853,048 shares owned.
Currently, Bwcp, L.P.'s portfolio is worth at least $398 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 Bwcp, L.P.
The Bwcp, L.P. office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Robert Giacobbe serves as the Chief Financial, Operating, and Compliance Officer at Bwcp, L.P..
Recent trades
In the most recent 13F filing, Bwcp, L.P. revealed that it had opened a new position in
Lululemon Athletica inc and bought 60,344 shares worth $18 billion.
This means they effectively own approximately 0.1% of the company.
Lululemon Athletica inc makes up
12.7%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 37.2% in the past year.
The investment fund also strengthened its position in Zeta Global by buying
106,034 additional shares.
This makes their stake in Zeta Global total 1,805,867 shares worth $31.9 billion.
Zeta Global soared 161.7% in the past year.
On the other hand, there are companies that Bwcp, L.P. is getting rid of from its portfolio.
Bwcp, L.P. closed its position in Crocs Inc on 14th August 2024.
It sold the previously owned 124,581 shares for $17.9 billion.
Robert Giacobbe also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $29 billion and 149,822 shares.
One of the smaller hedge funds
The two most similar investment funds to Bwcp, L.P. are Strategies and Cherry Tree Wealth Management. They manage $398 billion and $398 billion respectively.
Robert Giacobbe investment strategy
Bwcp, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 35.7% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 4.8% of the portfolio.
The average market cap of the portfolio companies is close to $105 billion.
The complete list of Bwcp, 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 |
|---|---|---|---|
| Zeta Global Holdings Corp. |
6.24%
1,805,867
|
$31,873,553,000 | 8.01% |
| Boyd Gaming Corp. |
24.59%
566,607
|
$31,220,046,000 | 7.85% |
| Amazon.com Inc. |
0.79%
149,822
|
$28,953,102,000 | 7.28% |
| Topgolf Callaway Brands Corp |
20.31%
1,853,048
|
$28,351,634,000 | 7.13% |
| Taiwan Semiconductor Mfg Ltd |
48.00%
139,501
|
$24,246,669,000 | 6.10% |
| Coupang, Inc. |
7.82%
1,127,971
|
$23,630,992,000 | 5.94% |
| United Parks Resorts Inc |
14.55%
418,422
|
$22,724,499,000 | 5.71% |
| Academy Sports & Outdoors In |
5.26%
417,436
|
$22,228,467,000 | 5.59% |
| Lululemon Athletica inc. |
Opened
60,344
|
$18,024,753,000 | 4.53% |
| Crocs Inc |
Closed
124,581
|
$17,914,748,000 | |
| Salesforce Inc |
Closed
58,670
|
$17,670,231,000 | |
| Sprout Social, Inc. |
67.90%
488,173
|
$17,418,013,000 | 4.38% |
| Skechers Usa Inc |
Opened
236,164
|
$16,323,656,000 | 4.10% |
| Spotify Technology Sa |
40.83%
51,997
|
$16,316,139,000 | 4.10% |
| Alphabet Inc |
30.98%
87,818
|
$15,996,049,000 | 4.02% |
| Vertiv Holdings Co |
38.45%
177,039
|
$15,326,266,000 | 3.85% |
| T-Mobile US, Inc. |
16.51%
86,633
|
$15,263,002,000 | 3.84% |
| Procore Technologies, Inc. |
7.81%
207,654
|
$13,769,537,000 | 3.46% |
| Godaddy Inc |
14.74%
93,763
|
$13,099,629,000 | 3.29% |
| Kontoor Brands Inc |
Opened
179,742
|
$11,889,933,000 | 2.99% |
| Tyler Technologies, Inc. |
Closed
26,554
|
$11,285,716,000 | |
| Endeavor Group Hldgs Inc |
23.77%
410,295
|
$11,090,274,000 | 2.79% |
| Janus International Group In |
32.80%
820,855
|
$10,367,399,000 | 2.61% |
| Birkenstock Holding Plc |
Closed
209,645
|
$9,905,726,000 | |
| ServiceNow Inc |
Opened
12,261
|
$9,645,361,000 | 2.42% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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