Sparta 24 is an investment fund managing more than $99.3 billion ran by Alon Gonen. There are currently 11 companies in Mr. Gonen’s portfolio. The largest investments include Ishares Tr and Enova International, together worth $43.8 billion.
As of 31st July 2024, Sparta 24’s top holding is 42,061 shares of Ishares Tr currently worth over $23 billion and making up 23.2% of the portfolio value.
In addition, the fund holds 333,352 shares of Enova International worth $20.8 billion, whose value grew 37.0% in the past six months.
The third-largest holding is Interactive Brokers Group In worth $10.3 billion and the next is Ishares Inc worth $16.1 billion, with 272,044 shares owned.
Currently, Sparta 24's portfolio is worth at least $99.3 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.
The Sparta 24 office and employees reside in Tirat Hacarmel, Israel. According to the last 13-F report filed with the SEC, Alon Gonen serves as the Director at Sparta 24.
In the most recent 13F filing, Sparta 24 revealed that it had opened a new position in
Interactive Brokers Group In and bought 83,680 shares worth $10.3 billion.
The investment fund also strengthened its position in Enova International by buying
37,558 additional shares.
This makes their stake in Enova International total 333,352 shares worth $20.8 billion.
Enova International soared 34.5% in the past year.
On the other hand, there are companies that Sparta 24 is getting rid of from its portfolio.
Sparta 24 closed its position in Ishares Tr on 7th August 2024.
It sold the previously owned 1,076,300 shares for $15 billion.
Alon Gonen also disclosed a decreased stake in Ishares Tr by 0.2%.
This leaves the value of the investment at $23 billion and 42,061 shares.
The two most similar investment funds to Sparta 24 are Evolutionary Tree Capital Management and Reverence Capital Partners, L.P.. They manage $99.4 billion and $99.4 billion respectively.
Sparta 24’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 20.9% of
the total portfolio value.
The fund focuses on investments in the United States as
18.2% 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
9% 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 $23 billion.
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 |
|---|---|---|---|
| Ishares Tr |
22.84%
42,061
|
$23,017,041,000 | 23.19% |
| Enova International Inc. |
12.70%
333,352
|
$20,751,162,000 | 20.91% |
| Ishares Tr |
Closed
1,076,300
|
$15,046,674,000 | |
| Vanguard Intl Equity Index F |
Closed
104,140
|
$12,168,804,000 | |
| Interactive Brokers Group In |
Opened
83,680
|
$10,259,168,000 | 10.34% |
| Ishares Inc |
No change
272,044
|
$16,147,454,000 | 16.27% |
| Global X Fds |
No change
312,180
|
$8,021,403,000 | 8.08% |
| Up Fintech Hldg Ltd |
Opened
1,472,832
|
$6,185,894,000 | 6.23% |
| Sprott Fds Tr |
Opened
101,424
|
$4,575,237,000 | 4.61% |
| Robinhood Mkts Inc |
Opened
161,580
|
$3,669,481,000 | 3.70% |
| Amazon.com Inc. |
No change
14,625
|
$2,826,281,000 | 2.85% |
| Freedom Hldg Corp Nev |
Opened
26,478
|
$1,996,441,000 | 2.01% |
| Futu Hldg Ltd |
Opened
27,529
|
$1,806,040,000 | 1.82% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||