High Ground Investment Management LL.P. 13F annual report
High Ground Investment Management LL.P. is an investment fund managing more than $256 billion ran by Steve Banner. There are currently 10 companies in Mr. Banner’s portfolio. The largest investments include Humana and Elevance Health Inc, together worth $157 billion.
$256 billion Assets Under Management (AUM)
As of 15th July 2024, High Ground Investment Management LL.P.’s top holding is 319,981 shares of Humana currently worth over $120 billion and making up 46.6% of the portfolio value.
Relative to the number of outstanding shares of Humana, High Ground Investment Management LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 68,370 shares of Elevance Health Inc worth $37 billion.
The third-largest holding is Arch Capital Ltd worth $36.1 billion and the next is T-Mobile US Inc worth $28.1 billion, with 159,408 shares owned.
Currently, High Ground Investment Management LL.P.'s portfolio is worth at least $256 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 High Ground Investment Management LL.P.
The High Ground Investment Management LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Steve Banner serves as the COO at High Ground Investment Management LL.P..
Recent trades
In the most recent 13F filing, High Ground Investment Management LL.P. revealed that it had increased its stake in
Humana and bought 93,028 additional shares worth around $36 million.
This means they effectively own approximately 0.1% of the company.
Humana makes up
94.3%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that High Ground Investment Management LL.P. is getting rid of from its portfolio.
High Ground Investment Management LL.P. closed its position in Tidewater on 22nd July 2024.
It sold the previously owned 4,499 shares for $414 million.
Steve Banner also disclosed a decreased stake in Arch Capital Ltd by 0.1%.
This leaves the value of the investment at $36.1 billion and 358,071 shares.
One of the smaller hedge funds
The two most similar investment funds to High Ground Investment Management LL.P. are Ariose Capital Management Ltd and Partners. They manage $256 billion and $256 billion respectively.
Steve Banner investment strategy
High Ground Investment Management LL.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Health Care — making up 49.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
40% 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 $45 billion.
The complete list of High Ground Investment Management LL.P. trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Humana Inc. |
40.99%
319,981
|
$119,560,900,000 | 46.62% |
| Elevance Health Inc |
7.89%
68,370
|
$37,046,968,000 | 14.44% |
| Arch Capital Group Ltd |
10.29%
358,071
|
$36,125,783,000 | 14.09% |
| T-Mobile US Inc |
11.94%
159,408
|
$28,084,501,000 | 10.95% |
| Dole plc |
98.89%
986,300
|
$12,072,312,000 | 4.71% |
| Centene Corp. |
No change
109,271
|
$7,244,667,000 | 2.82% |
| Warrior Met Coal Inc |
41.11%
108,408
|
$6,804,770,000 | 2.65% |
| Teck Resources Ltd-cls B |
No change
119,443
|
$5,721,319,000 | 2.23% |
| Moodys Corp |
76.92%
4,647
|
$1,956,061,000 | 0.76% |
| Eagle Materials Inc. |
38.05%
8,546
|
$1,858,413,000 | 0.72% |
| Tidewater Inc. |
Closed
4,499
|
$413,908,000 | |
| No transactions found | |||
| Showing first 500 out of 11 holdings | |||
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