Latest 40 North Management LLC Stock Portfolio
$1.57Billion– No. of Holdings #14
40 North Management LLC Performance:
2024 Q1: 6.01%YTD: 6.01%2023: 25.85%
Performance for 2024 Q1 is 6.01%, and YTD is 6.01%, and 2023 is 25.85%.
About 40 North Management LLC and 13F Hedge Fund Stock Holdings
Standard Investments LLC is a hedge fund based in NEW YORK, NY. On 15-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $4.6 Billions. In it's latest 13F Holdings report, Standard Investments LLC reported an equity portfolio of $1.6 Billions as of 31 Mar, 2024.
The top stock holdings of Standard Investments LLC are SHEL, PTC, AMZN. The fund has invested 21.9% of it's portfolio in SHELL PLC and 13.9% of portfolio in PTC INC.
The fund managers got completely rid off QUANTA SVCS INC (PWR), CROWN HLDGS INC (CCK) and FLEX LTD (FLEX) stocks. They significantly reduced their stock positions in METHANEX CORP (MEOH) and WABTEC (WAB). Standard Investments LLC opened new stock positions in ALPHABET INC (GOOG), AVANTOR INC (AVTR) and HONEYWELL INTL INC (HON). The fund showed a lot of confidence in some stocks as they added substantially to CDW CORP (CDW) and SHELL PLC (SHEL).
The top stock holdings of Standard Investments LLC are SHEL, PTC, AMZN. The fund has invested 21.9% of it's portfolio in SHELL PLC and 13.9% of portfolio in PTC INC.
The fund managers got completely rid off QUANTA SVCS INC (PWR), CROWN HLDGS INC (CCK) and FLEX LTD (FLEX) stocks. They significantly reduced their stock positions in METHANEX CORP (MEOH) and WABTEC (WAB). Standard Investments LLC opened new stock positions in ALPHABET INC (GOOG), AVANTOR INC (AVTR) and HONEYWELL INTL INC (HON). The fund showed a lot of confidence in some stocks as they added substantially to CDW CORP (CDW) and SHELL PLC (SHEL).
40 North Management LLC Equity Portfolio Value
Last Reported on: 15 May, 2024
40 North Management LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Standard Investments LLC made a return of 6.01% in the last quarter. In trailing 12 months, it's portfolio return was 24.25%.
New Buys
| Ticker | $ Bought |
|---|---|
| alphabet inc | 122,569,000 |
| avantor inc | 73,897,300 |
| honeywell intl inc | 56,443,800 |
New stocks bought by 40 North Management LLC
Additions
| Ticker | % Inc. |
|---|---|
| cdw corp | 231 |
| shell plc | 5.67 |
Additions to existing portfolio by 40 North Management LLC
Reductions
| Ticker | % Reduced |
|---|---|
| methanex corp | -72.48 |
| wabtec | -27.36 |
40 North Management LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| flex ltd | -59,397,000 |
| crown hldgs inc | -84,262,400 |
| nextracker inc | -42,165,000 |
| quanta svcs inc | -142,428,000 |
| ashland inc | -41,268,600 |
| tritium dcfc limited | -18,643 |
40 North Management LLC got rid off the above stocks
Sector Distribution
Standard Investments LLC has about 34.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 34.6 |
| Others | 24.6 |
| Industrials | 15.1 |
| Consumer Cyclical | 12.6 |
| Communication Services | 8.2 |
| Basic Materials | 4.9 |
Market Cap. Distribution
Standard Investments LLC has about 71.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 50.7 |
| UNALLOCATED | 24.6 |
| MEGA-CAP | 20.8 |
| SMALL-CAP | 3.9 |
Stocks belong to which Index?
About 70.5% of the stocks held by Standard Investments LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 66.6 |
| Others | 29.5 |
| RUSSELL 2000 | 3.9 |
40 North Management LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of 40 North Management LLC
Standard Investments LLC has 14 stocks in it's portfolio. About 93.7% of the portfolio is in top 10 stocks. EVCM proved to be the most loss making stock for the portfolio. AMZN was the most profitable stock for Standard Investments LLC last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ACHR | archer aviation inc | 0.02 | 416,666 | 300,000 | unchanged | 0.00 | ||
| ADSK | autodesk inc | 7.95 | 480,000 | 125,002,000 | unchanged | 0.00 | ||
| AMZN | amazon com inc | 12.05 | 1,050,000 | 189,399,000 | unchanged | 0.00 | ||
| ASH | ashland inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AVTR | avantor inc | 4.70 | 2,890,000 | 73,897,300 | new | |||
| CCK | crown hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CDW | cdw corp | 7.49 | 460,500 | 117,787,000 | added | 231 | ||
| CVII | churchill capital corp vii | 0.01 | 300,000 | 96,000 | unchanged | 0.00 | ||
| DCFC | tritium dcfc limited | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EVCM | evercommerce inc | 3.66 | 6,115,000 | 57,603,300 | unchanged | 0.00 | ||
| FLEX | flex ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GOOG | alphabet inc | 7.80 | 805,000 | 122,569,000 | new | |||
| HON | honeywell intl inc | 3.59 | 275,000 | 56,443,800 | new | |||
| MEOH | methanex corp | 1.55 | 546,027 | 24,369,200 | reduced | -72.48 | ||
| PTC | ptc inc | 13.88 | 1,155,000 | 218,226,000 | unchanged | 0.00 | ||
| PWR | quanta svcs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SHEL | shell plc | 21.86 | 5,125,000 | 343,580,000 | added | 5.67 | ||
| SLDP | solid power inc | 0.00 | 266,666 | 53,973 | unchanged | 0.00 | ||
| WAB | wabtec | 10.75 | 1,160,000 | 168,989,000 | reduced | -27.36 | ||
| nextracker inc | 0.00 | 0.00 | 0.00 | sold off | -100 | |||