13d Management 13F annual report
13d Management is an investment fund managing more than $137 billion ran by Kenneth Squire. There are currently 21 companies in Mr. Squire’s portfolio. The largest investments include Insight Enterprises and Frontier Communications Pare, together worth $21 billion.
$137 billion Assets Under Management (AUM)
As of 7th August 2024, 13d Management’s top holding is 53,290 shares of Insight Enterprises currently worth over $10.6 billion and making up 7.7% of the portfolio value.
Relative to the number of outstanding shares of Insight Enterprises, 13d Management owns more than approximately 0.1% of the company.
In addition, the fund holds 398,150 shares of Frontier Communications Pare worth $10.4 billion.
The third-largest holding is Southwest Gas Inc worth $9.26 billion and the next is Exelixis Inc worth $8.09 billion, with 360,010 shares owned.
Currently, 13d Management's portfolio is worth at least $137 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 13d Management
The 13d Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kenneth Squire serves as the Managing Member at 13d Management.
Recent trades
In the most recent 13F filing, 13d Management revealed that it had opened a new position in
Twilio Inc and bought 138,659 shares worth $7.88 billion.
This means they effectively own approximately 0.1% of the company.
Twilio Inc makes up
26.7%
of the fund's Technology sector allocation and has decreased its share price by 4.1% in the past year.
The investment fund also strengthened its position in Insight Enterprises by buying
7,448 additional shares.
This makes their stake in Insight Enterprises total 53,290 shares worth $10.6 billion.
Insight Enterprises soared 27.9% in the past year.
On the other hand, there are companies that 13d Management is getting rid of from its portfolio.
13d Management closed its position in Freshpet Inc on 14th August 2024.
It sold the previously owned 124,871 shares for $10.8 billion.
Kenneth Squire also disclosed a decreased stake in Treehouse Foods Inc by 0.4%.
This leaves the value of the investment at $3.87 billion and 105,490 shares.
One of the smallest hedge funds
The two most similar investment funds to 13d Management are Afg Fiduciary Services Limited Partnership and Bryant Woods Investment Advisors. They manage $137 billion and $137 billion respectively.
Kenneth Squire investment strategy
13d Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 21.5% of
the total portfolio value.
The fund focuses on investments in the United States as
42.9% 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
10% 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 $6.71 billion.
The complete list of 13d 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 |
|---|---|---|---|
| Freshpet Inc |
Closed
124,871
|
$10,833,808,000 | |
| Insight Enterprises Inc. |
16.25%
53,290
|
$10,570,604,000 | 7.71% |
| Frontier Communications Pare |
16.24%
398,150
|
$10,423,567,000 | 7.61% |
| Southwest Gas Holdings Inc |
16.24%
131,625
|
$9,263,767,000 | 6.76% |
| Exelixis Inc |
16.24%
360,010
|
$8,089,425,000 | 5.90% |
| Godaddy Inc |
Closed
74,344
|
$7,892,359,000 | |
| Twilio Inc |
Opened
138,659
|
$7,877,218,000 | 5.75% |
| Mdu Res Group Inc |
16.24%
304,411
|
$7,640,716,000 | 5.57% |
| Wix.com Ltd |
Closed
58,637
|
$7,213,524,000 | |
| Etsy Inc |
Opened
117,967
|
$6,957,694,000 | 5.08% |
| Asbury Automotive Group Inc |
16.25%
30,254
|
$6,893,979,000 | 5.03% |
| Vestis Corporation |
Opened
553,892
|
$6,774,099,000 | 4.94% |
| Azenta Inc |
16.24%
127,967
|
$6,733,623,000 | 4.91% |
| Autoliv Inc. |
16.25%
62,362
|
$6,672,110,000 | 4.87% |
| Envestnet Inc. |
16.25%
104,241
|
$6,524,445,000 | 4.76% |
| Canadian Natl Ry Co |
16.24%
54,220
|
$6,405,008,000 | 4.67% |
| Pearson plc |
16.25%
511,925
|
$6,388,824,000 | 4.66% |
| Janus Henderson Group plc |
16.25%
187,218
|
$6,311,119,000 | 4.60% |
| Catalent Inc. |
Closed
135,750
|
$6,099,248,000 | |
| Bath & Body Works Inc |
16.25%
149,374
|
$5,833,055,000 | 4.26% |
| Algonquin Pwr Utils Corp |
16.24%
983,205
|
$5,761,581,000 | 4.20% |
| Us Foods Hldg Corp |
Closed
122,714
|
$5,572,443,000 | |
| Masimo Corp |
Closed
44,095
|
$5,168,374,000 | |
| Dollar Tree Inc |
Closed
34,866
|
$4,952,715,000 | |
| Fortrea Hldgs Inc |
Closed
130,881
|
$4,567,747,000 | |
| Match Group Inc. |
Opened
148,398
|
$4,508,331,000 | 3.29% |
| Bloomin Brands Inc |
Closed
153,505
|
$4,321,166,000 | |
| Knife River Corp |
Closed
64,095
|
$4,241,807,000 | |
| Dana Inc |
Closed
289,179
|
$4,224,905,000 | |
| Ironwood Pharmaceuticals Inc |
Closed
367,649
|
$4,205,905,000 | |
| Treehouse Foods Inc |
37.39%
105,490
|
$3,865,153,000 | 2.82% |
| Mercury Sys Inc |
18.45%
131,286
|
$3,543,410,000 | 2.59% |
| Amarin Corp Plc |
97.07%
26,696
|
$18,367,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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