Cable Car Capital 13F annual report
Cable Car Capital is an investment fund managing more than $75.3 billion ran by Evan Eurich. There are currently 36 companies in Mr. Eurich’s portfolio. The largest investments include ARCA biopharma Inc and Pangaea Logistics Solution L, together worth $22.4 billion.
$75.3 billion Assets Under Management (AUM)
As of 7th August 2024, Cable Car Capital’s top holding is 4,000,452 shares of ARCA biopharma Inc currently worth over $15.3 billion and making up 20.3% of the portfolio value.
Relative to the number of outstanding shares of ARCA biopharma Inc, Cable Car Capital owns less than 0.3% of the company.
In addition, the fund holds 910,071 shares of Pangaea Logistics Solution L worth $7.13 billion.
The third-largest holding is McGrath Rentcorp worth $6.93 billion and the next is Cornerstone Total Return Fd worth $5.18 billion, with 659,971 shares owned.
Currently, Cable Car Capital's portfolio is worth at least $75.3 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.
Careers at Cable Car Capital
The Cable Car Capital office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Evan Eurich serves as the Chief Operating Officer & Chief Compliance Officer at Cable Car Capital.
Recent trades
In the most recent 13F filing, Cable Car Capital revealed that it had opened a new position in
McGrath Rentcorp and bought 65,000 shares worth $6.93 billion.
This means they effectively own approximately 0.1% of the company.
McGrath Rentcorp makes up
78.0%
of the fund's Industrials sector allocation and has grown its share price by 2.7% in the past year.
The investment fund also strengthened its position in Pangaea Logistics Solution L by buying
20,000 additional shares.
This makes their stake in Pangaea Logistics Solution L total 910,071 shares worth $7.13 billion.
On the other hand, there are companies that Cable Car Capital is getting rid of from its portfolio.
Cable Car Capital closed its position in Capitalworks Emng Mkts Acqst on 14th August 2024.
It sold the previously owned 200,000 shares for $2.2 billion.
Evan Eurich also disclosed a decreased stake in Cornerstone Strategic Value by approximately 0.1%.
This leaves the value of the investment at $5.08 billion and 659,958 shares.
One of the smallest hedge funds
The two most similar investment funds to Cable Car Capital are Riverpark Capital Management and Ascendant Capital Management. They manage $75.5 billion and $75.2 billion respectively.
Evan Eurich investment strategy
Cable Car Capital’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Health Care — making up 34.4% of
the total portfolio value.
The fund focuses on investments in the United States as
25.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
22% of the total holdings value.
On the other hand, large-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $112 billion.
The complete list of Cable Car 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 |
|---|---|---|---|
| ARCA biopharma Inc |
No change
4,000,452
|
$15,321,731,000 | 20.33% |
| Pangaea Logistics Solution L |
2.25%
910,071
|
$7,125,856,000 | 9.46% |
| McGrath Rentcorp |
Opened
65,000
|
$6,925,750,000 | 9.19% |
| Cornerstone Total Return Fd |
0.00%
659,971
|
$5,180,772,000 | 6.88% |
| Cornerstone Strategic Value |
0.01%
659,958
|
$5,081,677,000 | 6.74% |
| Synlogic Inc |
No change
3,312,219
|
$4,968,329,000 | 6.59% |
| Perception Capital Corp Iii |
No change
352,000
|
$3,822,720,000 | 5.07% |
| Welsbach Tech Metals Acqu Co |
No change
300,000
|
$3,327,000,000 | 4.42% |
| Instil Bio Inc |
No change
258,097
|
$2,655,818,000 | 3.52% |
| Perception Capital Corp Iv |
No change
200,000
|
$2,266,000,000 | 3.01% |
| Capitalworks Emng Mkts Acqst |
Closed
200,000
|
$2,202,000,000 | |
| GEE Group Inc |
5.31%
5,985,447
|
$1,835,138,000 | 2.44% |
| MEI Pharma Inc |
0.00%
611,441
|
$1,779,292,000 | 2.36% |
| Dp Cap Acquisition Corp I |
No change
145,527
|
$1,631,969,000 | 2.17% |
| Wheeler Real Estate Invt Tr |
37.83%
86,263
|
$1,598,022,000 | 2.12% |
| Immix Biopharma Inc |
18.74%
796,100
|
$1,576,278,000 | 2.09% |
| Surgepays Inc |
No change
400,000
|
$1,276,000,000 | 1.69% |
| Manchester Utd Plc New |
Closed
88,887
|
$1,240,863,000 | |
| Aileron Therapeutics Inc |
Opened
420,000
|
$1,163,400,000 | 1.54% |
| Forte Biosciences, Inc. |
No change
2,031,987
|
$1,091,177,000 | 1.45% |
| Nextcure Inc |
No change
615,878
|
$979,246,000 | 1.30% |
| High Income Secs Fd |
Opened
111,410
|
$778,756,000 | 1.03% |
| Atlasclear Holdings Inc |
0.86%
575,000
|
$597,770,000 | 0.79% |
| Qt Imaging Hldgs Inc |
No change
800,000
|
$591,200,000 | 0.78% |
| SNDL Inc |
2.07%
306,195
|
$581,771,000 | 0.77% |
| Gabelli Multimedia Tr Inc |
Opened
100,000
|
$536,000,000 | 0.71% |
| Alphabet Inc |
10.66%
2,699
|
$495,024,000 | 0.66% |
| Ideal Pwr Inc |
No change
55,000
|
$388,300,000 | 0.52% |
| Mynd Ai Inc |
No change
118,975
|
$329,561,000 | 0.44% |
| Ishares Tr |
Opened
3,143
|
$316,532,000 | 0.42% |
| A Spac Ii Acquisition Corp |
No change
25,000
|
$280,000,000 | 0.37% |
| Pyxis Oncology Inc |
No change
61,606
|
$203,916,000 | 0.27% |
| Gain Therapeutics Inc |
Opened
145,000
|
$185,600,000 | 0.25% |
| Singing Mach Inc |
No change
155,001
|
$179,801,000 | 0.24% |
| Performance Shipping Inc |
No change
53,000
|
$114,480,000 | 0.15% |
| Tivic Health Systems Inc |
Opened
280,000
|
$109,200,000 | 0.14% |
| Innovate Corp |
Closed
131,772
|
$92,333,000 | |
| U-bx Technology Ltd |
Closed
16,000
|
$65,600,000 | |
| Electra Battery Materials Co |
No change
122,637
|
$51,508,000 | 0.07% |
| LG Display Co Ltd. |
Closed
11,443
|
$46,916,000 | |
| Calidi Biotherapeutics Inc |
97.61%
11,277
|
$2,255,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 41 holdings | |||
Hedge funds similar to Cable Car Capital
- Lazard Asset Management
- Gritstone Asset Management
- Fourworld Capital Management
- Mercer Investments
- Octahedron Capital Management L.P.
- Citadel Advisors
- Riverpark Capital Management
- Ascendant Capital Management
- Strategic Value Partners
- Shelter Ins Retirement Plan
- Brigade Capital Management, L.P.
- Capitol Family Office
- Mu Investments Co
- Klk Capital Management