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Phoenician Capital 13F annual report

Phoenician Capital is an investment fund managing more than $117 billion ran by Joseph Rivera. There are currently 12 companies in Mr. Rivera’s portfolio. The largest investments include Goeasy Ltd and Mader Group Ltd, together worth $46.3 billion.

$117 billion Assets Under Management (AUM)

As of 7th February 2023, Phoenician Capital’s top holding is 400,000 shares of Goeasy Ltd currently worth over $31.4 billion and making up 26.9% of the portfolio value. In addition, the fund holds 6,000,000 shares of Mader Group Ltd worth $14.8 billion. The third-largest holding is Kindred Group Plc worth $13 billion and the next is Dino Polska Sa worth $12.9 billion, with 150,000 shares owned.

Currently, Phoenician Capital's portfolio is worth at least $117 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 Phoenician Capital

The Phoenician Capital office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Joseph Rivera serves as the CFO at Phoenician Capital.

Recent trades

In the most recent 13F filing, Phoenician Capital revealed that it had increased its stake in Inter Co Inc and bought 300,100 additional shares worth around .

On the other hand, there are companies that Phoenician Capital is getting rid of from its portfolio. Phoenician Capital closed its position in Vimeo Inc on 14th February 2023. It sold the previously owned 67,662 shares for $271 thousand. Joseph Rivera also disclosed a decreased stake in Dino Polska Sa by 0.3%. This leaves the value of the investment at $12.9 billion and 150,000 shares.

One of the average hedge funds

The two most similar investment funds to Phoenician Capital are Samson Rock Capital LL.P. and Wmg Advisors. They manage $117 billion and $116 billion respectively.


Joseph Rivera investment strategy

Phoenician Capital’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 10.3% 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 large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% 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 $2.9 billion.

The complete list of Phoenician Capital trades based on 13F SEC filings

These positions were updated on February 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
Goeasy Ltd
No change
400,000
$31,415,080,000 26.94%
Mader Group Ltd
No change
6,000,000
$14,838,714,000 12.73%
Kindred Group Plc
No change
1,250,000
$13,017,462,000 11.16%
Dino Polska Sa
25.00%
150,000
$12,867,134,000 11.04%
LGI Homes Inc
No change
130,000
$12,038,000,000 10.32%
Asa International Group Plc
No change
10,000,000
$11,237,190,000 9.64%
Jet2 Plc
No change
400,000
$4,632,139,000 3.97%
Inter Co Inc
19.53%
1,836,708
$4,352,998,000 3.73%
China Sunsine Chemical Holdings Ltd
No change
10,750,800
$3,411,041,000 2.93%
eXp World Holdings Inc
No change
300,000
$3,324,000,000 2.85%
Goodfood Market Corp
No change
9,768,400
$3,243,161,000 2.78%
IAC Inc
33.33%
50,000
$2,220,000,000 1.90%
Vimeo Inc
Closed
67,662
$271,000
No transactions found
Showing first 500 out of 13 holdings

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