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Ribbit Management 13F annual report

Ribbit Management is an investment fund managing more than $1.44 trillion ran by Cynthia Mcadam. There are currently 9 companies in Mrs. Mcadam’s portfolio. The largest investments include Robinhood Mkts Inc and Nu Hldgs Ltd, together worth $1.09 trillion.

$1.44 trillion Assets Under Management (AUM)

As of 7th August 2024, Ribbit Management’s top holding is 36,207,083 shares of Robinhood Mkts Inc currently worth over $822 billion and making up 57.2% of the portfolio value. In addition, the fund holds 20,668,753 shares of Nu Hldgs Ltd worth $266 billion. The third-largest holding is Root worth $86.1 billion and the next is Coinbase Global Inc worth $83.7 billion, with 376,450 shares owned.

Currently, Ribbit Management's portfolio is worth at least $1.44 trillion. 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 Ribbit Management

The Ribbit Management office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, Cynthia Mcadam serves as the Attorney-in-Fact at Ribbit Management.

Recent trades

In the most recent 13F filing, Ribbit Management revealed that it had opened a new position in Grayscale Bitcoin Tr Btc and bought 29,309 shares worth $1.56 billion.

The investment fund also strengthened its position in Sea Ltd by buying 335,000 additional shares. This makes their stake in Sea Ltd total 1,100,179 shares worth $78.6 billion. Sea Ltd soared 31.5% in the past year.

On the other hand, Cynthia Mcadam disclosed a decreased stake in Robinhood Mkts Inc by 0.2%. This leaves the value of the investment at $822 billion and 36,207,083 shares.

One of the largest hedge funds

The two most similar investment funds to Ribbit Management are Country Club Bank and Stadion Money Management. They manage $1.44 trillion and $1.43 trillion respectively.


Cynthia Mcadam investment strategy

Ribbit Management’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Finance — making up 6.0% of the total portfolio value. The fund focuses on investments in the United States as 22.2% 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 33% of the total holdings value. On the other hand, small-cap stocks make up 11.1% of the portfolio. The average market cap of the portfolio companies is close to $29 billion.

The complete list of Ribbit Management 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
Robinhood Mkts Inc
17.67%
36,207,083
$822,277,003,000 57.24%
Nu Hldgs Ltd
52.63%
20,668,753
$266,420,227,000 18.55%
Root, Inc.
0.79%
1,668,003
$86,085,636,000 5.99%
Coinbase Global Inc
No change
376,450
$83,658,484,000 5.82%
Sea Ltd
43.78%
1,100,179
$78,574,784,000 5.47%
Block Inc
No change
913,500
$58,911,615,000 4.10%
Dlocal Ltd
2.26%
3,891,900
$31,485,471,000 2.19%
MercadoLibre Inc
No change
4,633
$7,613,872,000 0.53%
Grayscale Bitcoin Tr Btc
Opened
29,309
$1,560,411,000 0.11%
No transactions found
Showing first 500 out of 9 holdings

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