Pelion 13F annual report
Pelion is an investment fund managing more than $156 billion ran by Blake Modersitzki. There are currently 4 companies in Mr. Modersitzki’s portfolio. The largest investments include Bill Com Hldgs Inc and Weave Communications, together worth $154 billion.
$156 billion Assets Under Management (AUM)
As of 1st May 2024, Pelion’s top holding is 1,314,493 shares of Bill Com Hldgs Inc currently worth over $90.3 billion and making up 57.9% of the portfolio value.
In addition, the fund holds 5,545,371 shares of Weave Communications worth $63.7 billion, whose value grew 2.6% in the past six months.
The third-largest holding is Owlet Inc worth $1.4 billion and the next is Red Cat Hldgs Inc worth $687 million, with 898,278 shares owned.
Currently, Pelion's portfolio is worth at least $156 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 Pelion
The Pelion office and employees reside in Salt Lake City, Utah. According to the last 13-F report filed with the SEC, Blake Modersitzki serves as the Director at Pelion.
One of the smallest hedge funds
The two most similar investment funds to Pelion are Mountaineer Partners Management and Independent Order Of Foresters. They manage $156 billion and $156 billion respectively.
Blake Modersitzki investment strategy
Pelion’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Technology — making up 40.8% of
the total portfolio value.
The fund focuses on investments in the United States as
25.0% 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 $277 million.
The complete list of Pelion trades based on 13F SEC filings
These positions were updated on May 8th 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 |
|---|---|---|---|
| Bill Com Hldgs Inc |
No change
1,314,493
|
$90,331,959,000 | 57.87% |
| Weave Communications, Inc. |
No change
5,545,371
|
$63,660,859,000 | 40.79% |
| Owlet Inc |
No change
325,471
|
$1,402,780,000 | 0.90% |
| Red Cat Hldgs Inc |
No change
898,278
|
$687,183,000 | 0.44% |
| No transactions found | |||
| Showing first 500 out of 4 holdings | |||
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