Veristar Capital Management L.P. 13F annual report
Veristar Capital Management L.P. is an investment fund managing more than $167 billion ran by Luther Williams. There are currently 11 companies in Mr. Williams’s portfolio. The largest investments include Booking Inc and Lamb Weston Inc, together worth $42.5 billion.
$167 billion Assets Under Management (AUM)
As of 7th August 2024, Veristar Capital Management L.P.’s top holding is 5,392 shares of Booking Inc currently worth over $21.4 billion and making up 12.8% of the portfolio value.
Relative to the number of outstanding shares of Booking Inc, Veristar Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 251,901 shares of Lamb Weston Inc worth $21.2 billion, whose value fell 42.5% in the past six months.
The third-largest holding is Edison Intl worth $18.3 billion and the next is Fiserv worth $16.6 billion, with 111,700 shares owned.
Currently, Veristar Capital Management L.P.'s portfolio is worth at least $167 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 Veristar Capital Management L.P.
The Veristar Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Luther Williams serves as the Chief Compliance Officer at Veristar Capital Management L.P..
Recent trades
In the most recent 13F filing, Veristar Capital Management L.P. revealed that it had opened a new position in
Humana and bought 42,600 shares worth $15.9 billion.
This means they effectively own approximately 0.1% of the company.
Humana makes up
49.7%
of the fund's Health Care sector allocation and has decreased its share price by 28.2% in the past year.
The investment fund also strengthened its position in Lamb Weston Inc by buying
82,000 additional shares.
This makes their stake in Lamb Weston Inc total 251,901 shares worth $21.2 billion.
Lamb Weston Inc dropped 39.2% in the past year.
On the other hand, there are companies that Veristar Capital Management L.P. is getting rid of from its portfolio.
Veristar Capital Management L.P. closed its position in Quanta Svcs Inc on 14th August 2024.
It sold the previously owned 55,720 shares for $14.5 billion.
Luther Williams also disclosed a decreased stake in Sensata Technologies Hldg Pl by 0.3%.
This leaves the value of the investment at $14.7 billion and 393,032 shares.
One of the smallest hedge funds
The two most similar investment funds to Veristar Capital Management L.P. are Asahi Life Asset Management Co., Ltd and Ims Capital Management. They manage $167 billion and $167 billion respectively.
Luther Williams investment strategy
Veristar Capital Management L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Staples — making up 20.6% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% 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
55% 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 $33.6 billion.
The complete list of Veristar Capital Management 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 |
|---|---|---|---|
| Booking Holdings Inc |
No change
5,392
|
$21,360,408,000 | 12.80% |
| Lamb Weston Holdings Inc |
48.26%
251,901
|
$21,179,836,000 | 12.70% |
| Edison Intl |
6.51%
254,207
|
$18,254,605,000 | 10.94% |
| Fiserv, Inc. |
No change
111,700
|
$16,647,768,000 | 9.98% |
| Molina Healthcare Inc |
18.57%
54,147
|
$16,097,903,000 | 9.65% |
| Humana Inc. |
Opened
42,600
|
$15,917,490,000 | 9.54% |
| Fidelity Natl Information Sv |
No change
202,707
|
$15,276,000,000 | 9.16% |
| Sensata Technologies Hldg Pl |
29.70%
393,032
|
$14,695,466,000 | 8.81% |
| Quanta Svcs Inc |
Closed
55,720
|
$14,476,056,000 | |
| Sysco Corp. |
6.94%
184,925
|
$13,201,796,000 | 7.91% |
| Us Foods Hldg Corp |
45.72%
182,488
|
$9,668,214,000 | 5.80% |
| Godaddy Inc |
77.52%
32,337
|
$4,517,802,000 | 2.71% |
| No transactions found | |||
| Showing first 500 out of 12 holdings | |||
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