Long Focus Capital Management 13F annual report

Long Focus Capital Management is an investment fund managing more than $866 billion ran by John Helmers. There are currently 87 companies in Mr. Helmers’s portfolio. The largest investments include FTAI Aviation Ltd and Antero Resources Corp, together worth $116 billion.

$866 billion Assets Under Management (AUM)

As of 7th May 2024, Long Focus Capital Management’s top holding is 911,478 shares of FTAI Aviation Ltd currently worth over $61.3 billion and making up 7.1% of the portfolio value. Relative to the number of outstanding shares of FTAI Aviation Ltd, Long Focus Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,881,637 shares of Antero Resources Corp worth $54.6 billion, whose value grew 26.7% in the past six months. The third-largest holding is Energy Transfer L P worth $52.6 billion and the next is Alibaba Group Hldg Ltd worth $50.9 billion, with 703,000 shares owned.

Currently, Long Focus Capital Management's portfolio is worth at least $866 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 Long Focus Capital Management

The Long Focus Capital Management office and employees reside in San Juan, Puerto Rico. According to the last 13-F report filed with the SEC, John Helmers serves as the Chief Executive Officer at Long Focus Capital Management.

Recent trades

In the most recent 13F filing, Long Focus Capital Management revealed that it had opened a new position in Liberty Global Ltd and bought 1,032,000 shares worth $18.2 billion. This means they effectively own approximately 0.1% of the company. Liberty Global Ltd makes up 29.9% of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Antero Resources Corp by buying 244,875 additional shares. This makes their stake in Antero Resources Corp total 1,881,637 shares worth $54.6 billion. Antero Resources Corp dropped approximately 0.1% in the past year.

On the other hand, there are companies that Long Focus Capital Management is getting rid of from its portfolio. Long Focus Capital Management closed its position in Kenvue Inc on 14th May 2024. It sold the previously owned 855,207 shares for $17.2 billion. John Helmers also disclosed a decreased stake in FTAI Aviation Ltd by 0.1%. This leaves the value of the investment at $61.3 billion and 911,478 shares.

One of the average hedge funds

The two most similar investment funds to Long Focus Capital Management are Oaktop Capital Management Ii, L.P. and Bbr Partners. They manage $865 billion and $866 billion respectively.


John Helmers investment strategy

Long Focus Capital Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Energy — making up 11.5% of the total portfolio value. The fund focuses on investments in the United States as 46.0% 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 17% of the total holdings value. On the other hand, small-cap stocks make up only 5.7% of the portfolio. The average market cap of the portfolio companies is close to $32.8 billion.

The complete list of Long Focus Capital Management trades based on 13F SEC filings

These positions were updated on May 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
FTAI Aviation Ltd
12.67%
911,478
$61,342,469,000 7.09%
Antero Resources Corp
14.96%
1,881,637
$54,567,473,000 6.30%
Energy Transfer L P
7.39%
3,342,400
$52,575,952,000 6.07%
Alibaba Group Hldg Ltd
37.84%
703,000
$50,869,080,000 5.88%
Comcast Corp New
129.17%
731,500
$31,710,525,000 3.66%
LendingClub Corp
24.90%
3,414,725
$30,015,433,000 3.47%
Herbalife Ltd
202.55%
2,879,013
$28,934,081,000 3.34%
Topgolf Callaway Brands Corp
34.27%
1,430,000
$23,123,100,000 2.67%
Assured Guaranty Ltd
19.19%
240,000
$20,940,000,000 2.42%
Iovance Biotherapeutics Inc
43.32%
1,400,312
$20,752,624,000 2.40%
Liberty Global Ltd
Opened
1,032,000
$18,204,480,000 2.10%
EchoStar Corp
369.72%
1,275,302
$18,173,054,000 2.10%
Ocwen Finl Corp
No change
652,088
$17,612,897,000 2.03%
Peabody Energy Corp.
No change
715,058
$17,347,307,000 2.00%
JD.com Inc
Opened
627,000
$17,173,530,000 1.98%
Kenvue Inc
Closed
855,207
$17,172,557,000
Adaptimmune Therapeutics Plc
2.54%
10,684,233
$16,881,088,000 1.95%
Azul S.A.
56.45%
2,159,000
$16,775,430,000 1.94%
Purecycle Technologies Inc
148.93%
2,328,781
$14,485,018,000 1.67%
Capri Holdings Limited
28.38%
315,388
$14,287,076,000 1.65%
OneMain Holdings Inc
17.52%
275,000
$14,049,750,000 1.62%
Hyzon Motors Inc
53.36%
19,016,544
$14,011,390,000 1.62%
Liberty Global Ltd
Closed
744,132
$13,811,090,000
Liberty Broadband Corp
53.41%
228,600
$13,057,632,000 1.51%
Liberty Latin America Ltd
17.64%
1,853,600
$12,956,664,000 1.50%
Tillys Inc
No change
1,831,931
$12,457,131,000 1.44%
Cellectis S A
No change
4,487,293
$11,891,326,000 1.37%
Insmed Inc
16.14%
431,649
$11,710,637,000 1.35%
Nexstar Media Group Inc
62.50%
65,000
$11,198,850,000 1.29%
Caesars Entertainment Inc Ne
99.63%
250,700
$10,965,618,000 1.27%
Freyr Battery
Closed
2,163,550
$10,579,760,000
Barclays plc
4.95%
1,060,000
$10,017,000,000 1.16%
Mr. Cooper Group Inc
39.02%
125,000
$9,743,750,000 1.13%
Ftai Infrastructure Inc
50.12%
1,542,659
$9,687,899,000 1.12%
Marathon Oil Corporation
160.67%
337,000
$9,550,580,000 1.10%
First Solar Inc
Opened
55,000
$9,284,000,000 1.07%
Chesapeake Energy Corp.
4.29%
100,300
$8,909,649,000 1.03%
Antero Midstream Corp
No change
610,000
$8,576,600,000 0.99%
Apollo Global Mgmt Inc
55.29%
76,000
$8,546,200,000 0.99%
Clarivate Plc
15.00%
1,150,000
$8,544,500,000 0.99%
Air Lease Corp
19.65%
162,707
$8,369,648,000 0.97%
Anheuser-Busch InBev SA/NV
No change
137,200
$8,339,016,000 0.96%
Akero Therapeutics Inc
128.20%
328,604
$8,300,537,000 0.96%
G-III Apparel Group Ltd.
Closed
298,000
$7,426,160,000
Tko Group Holdings Inc
700.00%
80,000
$6,912,800,000 0.80%
PagSeguro Digital Ltd
36.20%
460,000
$6,568,800,000 0.76%
Central Puerto S A
30.99%
712,696
$6,528,295,000 0.75%
Flex Ltd
41.33%
220,000
$6,294,200,000 0.73%
Pinterest Inc
19.44%
174,000
$6,032,580,000 0.70%
Citigroup Inc
No change
94,640
$5,985,034,000 0.69%
Wells Fargo Co New
20.09%
103,000
$5,969,880,000 0.69%
Quantum Corp
41.50%
9,160,819
$5,451,603,000 0.63%
Citi Trends Inc
18.32%
200,673
$5,444,258,000 0.63%
Warner Bros.Discovery Inc
7.60%
538,000
$4,696,740,000 0.54%
J.Jill Inc
114.16%
131,320
$4,198,300,000 0.48%
Lithia Mtrs Inc
20.46%
13,900
$4,181,954,000 0.48%
Freyr Battery Inc
Opened
2,448,550
$4,113,564,000 0.48%
Oportun Finl Corp
54.03%
1,641,580
$3,989,039,000 0.46%
Aura Biosciences Inc
153.83%
495,422
$3,889,063,000 0.45%
Grupo Supervielle S.A.
53.74%
645,689
$3,686,884,000 0.43%
PayPal Holdings Inc
Opened
53,300
$3,570,567,000 0.41%
Bank America Corp
No change
93,000
$3,526,560,000 0.41%
CURO Group Holdings Corp
Closed
2,978,193
$3,127,103,000
Bioceres Crop Solutions Corp
2.23%
233,900
$2,961,174,000 0.34%
Assurant Inc
Closed
20,000
$2,871,600,000
Turtle Beach Corp
Closed
305,000
$2,767,875,000
Schwab Charles Corp
Closed
50,000
$2,745,000,000
Intl Gnrl Insurance Hldngs L
21.20%
165,982
$2,247,396,000 0.26%
Mgic Invt Corp Wis
No change
95,000
$2,124,200,000 0.25%
Acadia Rlty Tr
No change
108,000
$1,837,080,000 0.21%
Comstock Res Inc
Closed
151,400
$1,669,942,000
Arcos Dorados Holdings Inc
No change
150,000
$1,668,000,000 0.19%
Sight Sciences Inc
Opened
300,000
$1,584,000,000 0.18%
Loma Negra C I A S A Mtn 14
3.62%
217,600
$1,453,568,000 0.17%
Arhaus Inc
Closed
156,240
$1,453,032,000
Destination XL Group Inc
176.64%
368,042
$1,324,951,000 0.15%
Nextcure Inc
No change
556,105
$1,240,114,000 0.14%
Childrens Pl Inc New
Closed
45,530
$1,230,676,000
Golar Lng
No change
50,000
$1,203,000,000 0.14%
Controladora Vuela Comp De A
Opened
160,000
$1,187,200,000 0.14%
Achieve Life Sciences Inc.
No change
248,099
$1,127,610,000 0.13%
Vincerx Pharma Inc
Closed
1,098,753
$1,109,741,000
Las Vegas Sands Corp
Opened
20,000
$1,034,000,000 0.12%
Alphabet Inc
No change
5,980
$902,561,000 0.10%
Solitario Resources Corp
No change
1,409,700
$845,538,000 0.10%
Finance Of America Compan
No change
1,104,348
$811,806,000 0.09%
Lumen Technologies, Inc.
No change
500,000
$780,000,000 0.09%
Sangamo Therapeutics Inc
19.97%
1,098,000
$735,880,000 0.09%
GoPro Inc.
22.18%
280,700
$625,961,000 0.07%
Grupo Financiero Galicia S.a
Closed
44,000
$574,200,000
Anixa Biosciences, Inc.
No change
165,701
$516,987,000 0.06%
Altus Power Inc
No change
104,081
$497,507,000 0.06%
Southern First Bancshares Inc
Closed
18,113
$487,964,000
Par Technology Corp.
No change
10,357
$469,794,000 0.05%
Kohls Corp
Closed
20,000
$419,200,000
Tellurian Inc
No change
500,750
$331,196,000 0.04%
General Mtrs Co
Closed
10,000
$329,700,000
Lineage Cell Therapeutics In
No change
215,000
$318,200,000 0.04%
Caribou Biosciences Inc
Closed
65,000
$310,700,000
IRIDEX Corp.
No change
100,000
$298,000,000 0.03%
Mammoth Energy Svcs Inc
No change
57,681
$209,959,000 0.02%
Fossil Group Inc
Closed
100,000
$206,000,000
MBIA Inc.
No change
30,000
$202,800,000 0.02%
Ambac Finl Group Inc
No change
10,000
$156,300,000 0.02%
Boxlight Corporation
Closed
50,000
$95,500,000
BioVie Inc.
Closed
20,000
$68,200,000
Dish Network Corporation
Closed
10,000
$58,600,000
Instil Bio Inc
Closed
100,000
$42,800,000
Oncolytics Biotech, Inc.
No change
40,000
$42,400,000 0.00%
Codexis Inc.
Closed
10,000
$18,900,000
No transactions found
Showing first 500 out of 110 holdings