Conversant Capital 13F annual report

Conversant Capital is an investment fund managing more than $456 billion ran by Paul Dumaine. There are currently 14 companies in Mr. Dumaine’s portfolio. The largest investments include Sonida Senior Living Ord and Target Hospitality Ord, together worth $238 billion.

$456 billion Assets Under Management (AUM)

As of 7th August 2024, Conversant Capital’s top holding is 7,210,877 shares of Sonida Senior Living Ord currently worth over $198 billion and making up 43.5% of the portfolio value. In addition, the fund holds 4,537,200 shares of Target Hospitality Ord worth $39.5 billion. The third-largest holding is Newpark Rsc Ord worth $32.9 billion and the next is Site Centers Ord worth $31.2 billion, with 2,150,000 shares owned.

Currently, Conversant Capital's portfolio is worth at least $456 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 Conversant Capital

The Conversant Capital office and employees reside in Summit, New Jersey. According to the last 13-F report filed with the SEC, Paul Dumaine serves as the Chief Compliance Officer at Conversant Capital.

Recent trades

In the most recent 13F filing, Conversant Capital revealed that it had opened a new position in Americold Realty Ord and bought 944,000 shares worth $24.1 billion.

The investment fund also strengthened its position in Site Centers Ord by buying 1,232,000 additional shares. This makes their stake in Site Centers Ord total 2,150,000 shares worth $31.2 billion.

On the other hand, there are companies that Conversant Capital is getting rid of from its portfolio. Conversant Capital closed its position in Digitalbridge Group Cl A Ord on 14th August 2024. It sold the previously owned 1,300,000 shares for $25.1 billion. Paul Dumaine also disclosed a decreased stake in Target Hospitality Ord by 0.1%. This leaves the value of the investment at $39.5 billion and 4,537,200 shares.

One of the average hedge funds

The two most similar investment funds to Conversant Capital are Brickley Wealth Management and Tmd Wealth Management. They manage $456 billion and $456 billion respectively.

The complete list of Conversant Capital 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
Sonida Senior Living Ord	No change 7,210,877	$198,299,118,000	43.50%
Target Hospitality Ord	10.03% 4,537,200	$39,519,012,000	8.67%
Newpark Rsc Ord	No change 3,956,852	$32,881,440,000	7.21%
Site Centers Ord	134.20% 2,150,000	$31,175,000,000	6.84%
Pennymac Financial Ord	6.79% 299,000	$28,285,400,000	6.20%
Digitalbridge Group Cl A Ord	Closed 1,300,000	$25,051,000,000
Americold Realty Ord	Opened 944,000	$24,109,760,000	5.29%
Caesars Entertainment Ord	Opened 560,000	$22,254,400,000	4.88%
First Industrial Realty Trust Ord	Opened 400,000	$19,004,000,000	4.17%
Nmi Holdings Ord	38.96% 535,000	$18,211,400,000	3.99%
Core Scientific Ord	Opened 1,950,000	$18,135,000,000	3.98%
American Healthcare Reit Ord	Closed 775,000	$11,431,250,000
Rush Street Interactive Cl A Ord	Closed 1,683,180	$10,957,502,000
Net Lease Office Properties Ord	Closed 434,527	$10,341,743,000
Clear Channel Outdoor Hldg Ord	23.27% 6,925,256	$9,764,611,000	2.14%
Sila Realty Trust Ord	Opened 370,010	$7,833,112,000	1.72%
Outfront Media Ord	Closed 399,800	$6,712,642,000
Iris Energy Pty Ord	Opened 300,000	$3,387,000,000	0.74%
Sharkninja Ord	Closed 50,000	$3,114,500,000
United Homes Group Cl A Ord	No change 535,173	$3,045,134,000	0.67%
No transactions found
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