Latest Phase 2 Partners, LLC Stock Portfolio
$191Million– No. of Holdings #27
Phase 2 Partners, LLC Performance:
2024 Q1: 6.99%YTD: 6.99%2023: 6.13%
Performance for 2024 Q1 is 6.99%, and YTD is 6.99%, and 2023 is 6.13%.
About Phase 2 Partners, LLC and 13F Hedge Fund Stock Holdings
Phase 2 Partners, LLC is a hedge fund based in SAN FRANCISCO, CA. On 05-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $475.5 Millions. In it's latest 13F Holdings report, Phase 2 Partners, LLC reported an equity portfolio of $191.3 Millions as of 31 Mar, 2024.
The top stock holdings of Phase 2 Partners, LLC are KRC, BILL, WETF. The fund has invested 6.8% of it's portfolio in KILROY RLTY CORP and 6.7% of portfolio in BILL HOLDINGS INC.
The fund managers got completely rid off CITIGROUP INC (C), INVITATION HOMES INC (INVH) and GLOBAL PMTS INC (GPN) stocks. They significantly reduced their stock positions in ENVESTNET INC (ENV), ALLSTATE CORP (ALL) and KEMPER CORP (KMPR). Phase 2 Partners, LLC opened new stock positions in BILL HOLDINGS INC (BILL), FUTU HLDGS LTD (FUTU) and FEDERATED HERMES INC (FHI). The fund showed a lot of confidence in some stocks as they added substantially to DOUGLAS EMMETT INC (DEI), ZILLOW GROUP INC (Z) and KILROY RLTY CORP (KRC).
The top stock holdings of Phase 2 Partners, LLC are KRC, BILL, WETF. The fund has invested 6.8% of it's portfolio in KILROY RLTY CORP and 6.7% of portfolio in BILL HOLDINGS INC.
The fund managers got completely rid off CITIGROUP INC (C), INVITATION HOMES INC (INVH) and GLOBAL PMTS INC (GPN) stocks. They significantly reduced their stock positions in ENVESTNET INC (ENV), ALLSTATE CORP (ALL) and KEMPER CORP (KMPR). Phase 2 Partners, LLC opened new stock positions in BILL HOLDINGS INC (BILL), FUTU HLDGS LTD (FUTU) and FEDERATED HERMES INC (FHI). The fund showed a lot of confidence in some stocks as they added substantially to DOUGLAS EMMETT INC (DEI), ZILLOW GROUP INC (Z) and KILROY RLTY CORP (KRC).
Phase 2 Partners, LLC Equity Portfolio Value
Last Reported on: 15 May, 2024
Phase 2 Partners, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Phase 2 Partners, LLC made a return of 6.99% in the last quarter. In trailing 12 months, it's portfolio return was 24.29%.
New Buys
| Ticker | $ Bought |
|---|---|
| bill holdings inc | 12,897,900 |
| futu hldgs ltd | 10,201,200 |
| federated hermes inc | 8,096,840 |
| repay hldgs corp | 7,684,820 |
| cboe global mkts inc | 6,552,550 |
| discover finl svcs | 5,971,540 |
| remitly global inc | 5,772,320 |
| taylor morrison home corp | 5,427,810 |
New stocks bought by Phase 2 Partners, LLC
Additions
| Ticker | % Inc. |
|---|---|
| douglas emmett inc | 99.04 |
| zillow group inc | 85.92 |
| kilroy rlty corp | 58.27 |
| wisdomtree inc | 12.3 |
| boston properties inc | 5.95 |
Additions to existing portfolio by Phase 2 Partners, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| envestnet inc | -64.99 |
| allstate corp | -57.3 |
| kemper corp | -54.46 |
| lazard inc | -52.97 |
| flywire corporation | -39.06 |
| alliancebernstein hldg l p | -26.29 |
| firstcash holdings inc | -24.89 |
Phase 2 Partners, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| two hbrs invt corp | -8,105,460 |
| hudson pac pptys inc | -5,029,450 |
| invitation homes inc | -9,122,170 |
| citigroup inc | -11,579,800 |
| western alliance bancorp | -7,954,930 |
| first amern finl corp | -7,676,540 |
| ss&c technologies hldgs inc | -7,131,290 |
| global pmts inc | -8,368,660 |
Phase 2 Partners, LLC got rid off the above stocks
Sector Distribution
Phase 2 Partners, LLC has about 31.8% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 31.8 |
| Real Estate | 26.7 |
| Technology | 22.6 |
| Others | 10.2 |
| 5.9 | |
| Consumer Cyclical | 2.8 |
Market Cap. Distribution
Phase 2 Partners, LLC has about 13% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 62.9 |
| SMALL-CAP | 12.5 |
| UNALLOCATED | 10.2 |
| LARGE-CAP | 9 |
| MEGA-CAP | 4 |
| MICRO-CAP | 1.5 |
Stocks belong to which Index?
About 46.3% of the stocks held by Phase 2 Partners, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 53.7 |
| RUSSELL 2000 | 34.9 |
| S&P 500 | 11.4 |
Phase 2 Partners, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Phase 2 Partners, LLC
Phase 2 Partners, LLC has 27 stocks in it's portfolio. About 55.2% of the portfolio is in top 10 stocks. Z proved to be the most loss making stock for the portfolio. KMPR was the most profitable stock for Phase 2 Partners, LLC last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AB | alliancebernstein hldg l p | 2.48 | 136,376 | 4,737,700 | reduced | -26.29 | ||
| ALL | allstate corp | 3.23 | 35,724 | 6,180,610 | reduced | -57.3 | ||
| BILL | bill holdings inc | 6.74 | 187,688 | 12,897,900 | new | |||
| BRDG | bridge invt group hldgs inc | 1.46 | 408,543 | 2,798,520 | new | |||
| BXP | boston properties inc | 5.02 | 147,012 | 9,601,350 | added | 5.95 | ||
| C | citigroup inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CG | carlyle group inc | 2.64 | 107,830 | 5,058,300 | new | |||
| DEI | douglas emmett inc | 5.13 | 707,895 | 9,818,500 | added | 99.04 | ||
| DFS | discover finl svcs | 3.12 | 45,553 | 5,971,540 | new | |||
| ENV | envestnet inc | 3.38 | 111,497 | 6,456,790 | reduced | -64.99 | ||
| FAF | first amern finl corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FCFS | firstcash holdings inc | 3.15 | 47,199 | 6,019,760 | reduced | -24.89 | ||
| FHI | federated hermes inc | 4.23 | 224,165 | 8,096,840 | new | |||
| FLYW | flywire corporation | 5.46 | 421,229 | 10,450,700 | reduced | -39.06 | ||
| FUTU | futu hldgs ltd | 5.33 | 188,387 | 10,201,200 | new | |||
| GCMG | gcm grosvenor inc | 1.86 | 369,249 | 3,566,940 | new | |||
| GPN | global pmts inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HPP | hudson pac pptys inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ICE | intercontinental exchange in | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| INVH | invitation homes inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||