Hiddenite Capital Partners L.P. 13F annual report
Hiddenite Capital Partners L.P. is an investment fund managing more than $82.4 billion ran by Stephen Gray. There are currently 20 companies in Mr. Gray’s portfolio. The largest investments include Applovin Corp and FTAI Aviation Ltd, together worth $19.8 billion.
$82.4 billion Assets Under Management (AUM)
As of 31st July 2024, Hiddenite Capital Partners L.P.’s top holding is 145,000 shares of Applovin Corp currently worth over $12.1 billion and making up 14.6% of the portfolio value.
In addition, the fund holds 75,000 shares of FTAI Aviation Ltd worth $7.74 billion, whose value grew 80.5% in the past six months.
The third-largest holding is Aercap Holdings Nv worth $7.46 billion and the next is Broadcom worth $5.6 billion, with 3,487 shares owned.
Currently, Hiddenite Capital Partners L.P.'s portfolio is worth at least $82.4 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 Hiddenite Capital Partners L.P.
The Hiddenite Capital Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Stephen Gray serves as the Chief Compliance Officer at Hiddenite Capital Partners L.P..
Recent trades
In the most recent 13F filing, Hiddenite Capital Partners L.P. revealed that it had opened a new position in
NRG and bought 50,000 shares worth $3.89 billion.
This means they effectively own approximately 0.1% of the company.
NRG makes up
100.0%
of the fund's Utilities sector allocation and has grown its share price by 83.6% in the past year.
The investment fund also strengthened its position in FTAI Aviation Ltd by buying
3,000 additional shares.
This makes their stake in FTAI Aviation Ltd total 75,000 shares worth $7.74 billion.
FTAI Aviation Ltd soared 177.7% in the past year.
On the other hand, there are companies that Hiddenite Capital Partners L.P. is getting rid of from its portfolio.
Hiddenite Capital Partners L.P. closed its position in General Mtrs Co on 7th August 2024.
It sold the previously owned 150,000 shares for $6.8 billion.
Stephen Gray also disclosed a decreased stake in Applovin Corp by approximately 0.1%.
This leaves the value of the investment at $12.1 billion and 145,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Hiddenite Capital Partners L.P. are Triad Investment Management and Moon Capital Management. They manage $82.4 billion and $82.4 billion respectively.
Stephen Gray investment strategy
Hiddenite Capital Partners L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 13.2% 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
25% of the total holdings value.
On the other hand, small-cap stocks make up only 5.0% of the portfolio.
The average market cap of the portfolio companies is close to $11.6 billion.
The complete list of Hiddenite Capital Partners L.P. trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| Applovin Corp |
9.38%
145,000
|
$12,066,900,000 | 14.64% |
| FTAI Aviation Ltd |
4.17%
75,000
|
$7,742,250,000 | 9.39% |
| Aercap Holdings Nv |
No change
80,000
|
$7,456,000,000 | 9.04% |
| General Mtrs Co |
Closed
150,000
|
$6,802,500,000 | |
| Broadcom Inc. |
22.29%
3,487
|
$5,598,483,000 | 6.79% |
| UBS Group AG |
Closed
180,000
|
$5,529,600,000 | |
| CRH Plc |
No change
73,500
|
$5,511,030,000 | 6.69% |
| Shell Plc |
No change
68,500
|
$4,944,330,000 | 6.00% |
| First Ctzns Bancshares Inc N |
6.14%
2,830
|
$4,764,616,000 | 5.78% |
| NRG Energy Inc. |
Opened
50,000
|
$3,893,000,000 | 4.72% |
| Insight Enterprises Inc. |
7.50%
18,500
|
$3,669,660,000 | 4.45% |
| Sea Ltd |
Closed
68,000
|
$3,652,280,000 | |
| Occidental Pete Corp |
No change
55,800
|
$3,517,074,000 | 4.27% |
| Lpl Finl Hldgs Inc |
Closed
12,900
|
$3,408,180,000 | |
| International Paper Co. |
Opened
75,000
|
$3,236,250,000 | 3.93% |
| Teck Resources Ltd |
Closed
70,000
|
$3,204,600,000 | |
| Marathon Oil Corporation |
Opened
100,000
|
$2,867,000,000 | 3.48% |
| Sensata Technologies Hldg Pl |
Opened
75,000
|
$2,804,250,000 | 3.40% |
| Xponential Fitness, Inc. |
Opened
175,000
|
$2,730,000,000 | 3.31% |
| Global Pmts Inc |
Closed
20,000
|
$2,673,200,000 | |
| Comfort Sys Usa Inc |
Closed
7,550
|
$2,398,711,000 | |
| Summit Matls Inc |
29.41%
60,000
|
$2,196,600,000 | 2.66% |
| Primo Water Corporation |
Opened
100,000
|
$2,186,000,000 | 2.65% |
| FMC Corp. |
Opened
36,000
|
$2,071,800,000 | 2.51% |
| Nu Hldgs Ltd |
Closed
172,000
|
$2,051,960,000 | |
| Fedex Corp |
Opened
6,500
|
$1,948,960,000 | 2.36% |
| Bgc Group Inc |
Opened
200,000
|
$1,660,000,000 | 2.01% |
| Ncino, Inc. |
Opened
50,000
|
$1,572,500,000 | 1.91% |
| Hudbay Minerals Inc. |
Closed
200,000
|
$1,400,000,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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