Tig Advisors is an investment fund managing more than $1.46 trillion ran by Michael Fastert. There are currently 36 companies in Mr. Fastert’s portfolio. The largest investments include Horizon Therapeutics Pub L and TEGNA Inc, together worth $334 billion.
As of 7th February 2023, Tig Advisors’s top holding is 1,729,388 shares of Horizon Therapeutics Pub L currently worth over $197 billion and making up 13.5% of the portfolio value.
In addition, the fund holds 6,488,990 shares of TEGNA Inc worth $138 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Vmware worth $133 billion and the next is Activision Blizzard Inc worth $123 billion, with 1,600,580 shares owned.
Currently, Tig Advisors's portfolio is worth at least $1.46 trillion. 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.
The Tig Advisors office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Fastert serves as the Chief Operating Officer at Tig Advisors.
In the most recent 13F filing, Tig Advisors revealed that it had opened a new position in
Horizon Therapeutics Pub L and bought 1,729,388 shares worth $197 billion.
The investment fund also strengthened its position in Vmware by buying
558,197 additional shares.
This makes their stake in Vmware total 1,081,021 shares worth $133 billion.
Vmware dropped 4.7% in the past year.
On the other hand, there are companies that Tig Advisors is getting rid of from its portfolio.
Tig Advisors closed its position in Citrix Sys Inc on 14th February 2023.
It sold the previously owned 1,659,353 shares for $161 million.
Michael Fastert also disclosed a decreased stake in TEGNA Inc by approximately 0.1%.
This leaves the value of the investment at $138 billion and 6,488,990 shares.
The two most similar investment funds to Tig Advisors are Hyman Charles D and Fairview Capital Investment Management. They manage $1.46 trillion and $1.46 trillion respectively.
Tig Advisors’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 28.1% of
the total portfolio value.
The fund focuses on investments in the United States as
44.4% 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
14% of the total holdings value.
On the other hand, small-cap stocks make up only 5.6% of the portfolio.
The average market cap of the portfolio companies is close to $16.1 billion.
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 |
|---|---|---|---|
| Horizon Therapeutics Pub L |
Opened
1,729,388
|
$196,804,354,000 | 13.45% |
| TEGNA Inc |
2.88%
6,488,990
|
$137,501,698,000 | 9.40% |
| Vmware Inc. |
106.77%
1,081,021
|
$132,706,138,000 | 9.07% |
| Activision Blizzard Inc |
37.26%
1,600,580
|
$122,524,399,000 | 8.37% |
| Altra Indl Motion Corp |
Opened
2,026,851
|
$121,104,347,000 | 8.28% |
| Atlas Air Worldwide Hldgs |
Opened
1,119,313
|
$112,826,750,000 | 7.71% |
| Sierra Wireless Inc |
Opened
3,803,411
|
$110,260,885,000 | 7.54% |
| Atlas Corp. |
Opened
6,890,972
|
$105,707,511,000 | 7.22% |
| 1Life Healthcare, Inc. |
Opened
5,713,876
|
$95,478,868,000 | 6.53% |
| Tower Semiconductor Ltd. |
2.94%
1,427,525
|
$61,669,080,000 | 4.21% |
| Coupa Software Inc |
Opened
583,244
|
$46,175,427,000 | 3.16% |
| Ritchie Bros Auctioneers Inc |
Opened
681,030
|
$39,383,965,000 | 2.69% |
| Imago Biosciences Inc |
Opened
990,664
|
$35,614,371,000 | 2.43% |
| Silicon Motion Technology Corp |
3.76%
518,627
|
$33,705,569,000 | 2.30% |
| Resolute Fst Prods Inc |
Opened
933,009
|
$20,143,664,000 | 1.38% |
| Black Knight Inc |
66.11%
293,297
|
$18,111,090,000 | 1.24% |
| IAA Inc |
Opened
365,920
|
$14,636,800,000 | 1.00% |
| Knowbe4 Inc |
Opened
453,668
|
$11,241,893,000 | 0.77% |
| Regal Rexnord Corporation |
Opened
92,892
|
$11,145,182,000 | 0.76% |
| Univar Solutions Inc |
Opened
239,032
|
$7,601,218,000 | 0.52% |
| Aerojet Rocketdyne Holdings Inc |
Opened
123,579
|
$6,911,773,000 | 0.47% |
| UserTesting, Inc. |
Opened
493,807
|
$3,708,491,000 | 0.25% |
| Spirit Airls Inc |
68.61%
156,437
|
$3,047,393,000 | 0.21% |
| Momentive Global Inc |
86.39%
351,452
|
$2,460,164,000 | 0.17% |
| ForgeRock, Inc. |
Opened
105,141
|
$2,394,061,000 | 0.16% |
| Apollo Endosurgery Inc |
Opened
196,665
|
$1,960,750,000 | 0.13% |
| Spdr S&p 500 Etf Tr |
Opened
5,000
|
$1,912,150,000 | 0.13% |
| Broadcom Inc. |
50.96%
2,700
|
$1,509,651,000 | 0.10% |
| Tpg Pace Beneficial Ii Corp |
58.97%
148,744
|
$1,461,410,000 | 0.10% |
| American Eqty Invt Life Hld |
Opened
21,225
|
$968,284,000 | 0.07% |
| Dragoneer Growth Opt Corp Ii |
69.61%
75,700
|
$746,402,000 | 0.05% |
| Seagen Inc |
Opened
4,635
|
$595,644,000 | 0.04% |
| Humana Inc. |
Opened
1,052
|
$538,824,000 | 0.04% |
| Advanced Micro Devices Inc. |
Opened
6,456
|
$418,155,000 | 0.03% |
| Citrix Sys Inc |
Closed
1,659,353
|
$161,239,000 | |
| Biohaven Pharmactl Hldg Co L |
Closed
1,029,868
|
$150,062,000 | |
| Zendesk Inc |
Closed
1,929,922
|
$142,949,000 | |
| Cazoo Group Ltd |
59.92%
796,316
|
$124,862,000 | 0.01% |
| Terminix Global Holdings Inc |
Closed
2,810,991
|
$114,267,000 | |
| Change Healthcare Inc. |
Closed
4,288,914
|
$98,902,000 | |
| Sailpoint Technologies Hldgs |
Closed
1,345,465
|
$84,334,000 | |
| Cano Health Inc |
Opened
50,000
|
$68,500,000 | 0.00% |
| Switch Inc |
Closed
1,646,258
|
$55,150,000 | |
| Tenneco, Inc. |
Closed
3,193,109
|
$54,794,000 | |
| Vonage Hldgs Corp |
Closed
2,813,879
|
$53,013,000 | |
| Sierra Oncology Inc |
Closed
891,117
|
$49,003,000 | |
| Southwest Gas Holdings Inc |
Closed
496,262
|
$43,214,000 | |
| Mandiant Inc |
Closed
1,765,257
|
$38,518,000 | |
| Turning Point Therapeutics I |
Closed
504,284
|
$37,947,000 | |
| Healthcare Tr Amer Inc |
Closed
1,113,413
|
$31,075,000 | |
| Welbilt Inc |
Closed
1,234,384
|
$29,391,000 | |
| CDK Global Inc |
Closed
463,813
|
$25,403,000 | |
| Healthcare Rlty Tr |
Closed
902,225
|
$24,541,000 | |
| Nielsen Hldgs Plc |
Closed
1,023,575
|
$23,767,000 | |
| First Horizon Corporation |
Closed
992,598
|
$21,698,000 | |
| NeoPhotonics Corporation |
Closed
1,362,380
|
$21,430,000 | |
| Meritor Inc |
Closed
534,274
|
$19,410,000 | |
| Playtika Hldg Corp |
Closed
1,259,284
|
$16,673,000 | |
| Sanderson Farms, Inc. |
Closed
75,161
|
$16,199,000 | |
| Kohls Corp |
Closed
410,873
|
$14,664,000 | |
| WideOpenWest Inc |
Closed
689,925
|
$12,564,000 | |
| Atotech Ltd |
Closed
588,228
|
$11,382,000 | |
| SciPlay Corporation |
Closed
808,259
|
$11,291,000 | |
| Twitter Inc |
Closed
280,858
|
$10,501,000 | |
| Frontier Group Hldgs Inc |
Closed
1,025,239
|
$9,606,000 | |
| Far Peak Acquisition Corp |
Closed
863,640
|
$8,481,000 | |
| Pershing Square Tontine Hldg |
Closed
422,351
|
$8,434,000 | |
| Gold Fields Ltd |
Closed
767,730
|
$7,002,000 | |
| Social Leverage Acquisn Corp |
Closed
571,622
|
$5,619,000 | |
| Social Capital Hedosopha Hld |
Closed
558,182
|
$5,543,000 | |
| Austerlitz Acquisition Corp |
Closed
749,271
|
$7,305,000 | |
| Horizon Acquisition Corporat |
Closed
492,391
|
$4,880,000 | |
| Khosla Ventures Acquisition |
Closed
498,080
|
$4,856,000 | |
| Jaws Hurricane Acquisitn Cor |
Closed
489,931
|
$4,757,000 | |
| Yamana Gold Inc. |
Closed
1,019,272
|
$4,740,000 | |
| Arya Sciences Acqu Corp Iv |
Closed
469,933
|
$4,610,000 | |
| Social Cap Suvretta Hlds Crp |
Closed
775,646
|
$7,598,000 | |
| Prime Impact Acquisition I |
Closed
419,185
|
$4,192,000 | |
| Logistics Innovtn Technlgs C |
Closed
419,231
|
$4,075,000 | |
| Jaws Mustang Acquisition Cor |
Closed
412,059
|
$4,051,000 | |
| Valvoline Inc |
Closed
139,979
|
$4,036,000 | |
| Hennessy Capital Invs Corp V |
Closed
405,440
|
$3,981,000 | |
| Tailwind Acquisition Corp. |
Closed
398,052
|
$3,961,000 | |
| Khosla Ventures Acqut Co Iii |
Closed
392,230
|
$3,816,000 | |
| Equity Distr Acquisition Cor |
Closed
373,051
|
$3,706,000 | |
| Jaws Juggernaut Acquisitn Co |
Closed
379,141
|
$3,689,000 | |
| Cc Neuberger Prin Hldgs Ii |
Closed
360,551
|
$3,602,000 | |
| FAST Acquisition Corp. |
Closed
350,430
|
$3,550,000 | |
| SVF Investment Corp. |
Closed
354,004
|
$3,490,000 | |
| Ftac Athena Acquisition Corp |
Closed
349,939
|
$3,435,000 | |
| Recharge Acquisition Corp. |
Closed
341,608
|
$3,419,000 | |
| Svf Investment Corp 2 |
Closed
344,010
|
$3,375,000 | |
| Vector Acquisition Corp Ii |
Closed
339,813
|
$3,334,000 | |
| Franchise Group, Inc. |
Closed
89,886
|
$3,152,000 | |
| Tpg Pace Ben Fin Corp |
Closed
305,680
|
$3,029,000 | |
| Adit EdTech Acquisition Corp. |
Closed
303,626
|
$2,988,000 | |
| Healthcare Services Acqu Cor |
Closed
301,975
|
$2,971,000 | |
| E Merge Technology Acquisiti |
Closed
295,253
|
$2,961,000 | |
| Intercontinental Exchange In |
Closed
31,305
|
$2,944,000 | |
| Landcadia Holdings Iv Inc |
Closed
299,820
|
$2,935,000 | |
| Social Cap Suvretta Hld Crpi |
Closed
287,935
|
$2,865,000 | |
| Supernova Partn Acq Co Iii L |
Closed
290,019
|
$2,836,000 | |
| Ftac Hera Acquisition Corp |
Closed
287,519
|
$2,818,000 | |
| Elliott Opportunity Ii Corp |
Closed
277,202
|
$2,694,000 | |
| B Riley Principal 150 Merger |
Closed
239,696
|
$2,387,000 | |
| Pine Is Acquisition Corp |
Closed
227,469
|
$2,245,000 | |
| H.I.G. Acquisition Corp. |
Closed
225,410
|
$2,232,000 | |
| Ig Acquisition Corp |
Closed
218,178
|
$2,160,000 | |
| Turquoise Hill Res Ltd |
Closed
78,469
|
$2,101,000 | |
| Mks Instrs Inc |
Closed
20,400
|
$2,094,000 | |
| Climate Real Impact Slutins |
Closed
212,247
|
$2,086,000 | |
| Carney Technology Acqu Corp |
Closed
210,743
|
$2,076,000 | |
| Rice Acquisition Corp. II |
Closed
204,905
|
$2,000,000 | |
| Highland Transcend Partners |
Closed
202,682
|
$1,998,000 | |
| Proptech Investment Corp Ii |
Closed
196,760
|
$1,940,000 | |
| Scion Tech Growth I |
Closed
186,015
|
$1,840,000 | |
| Avanti Acquisition Corp. |
Closed
184,713
|
$1,831,000 | |
| Aequi Acquisition Corp |
Closed
177,133
|
$1,750,000 | |
| Rmg Acquisition Corp Iii |
Closed
163,083
|
$1,603,000 | |
| NCR Corp. |
Closed
46,329
|
$1,441,000 | |
| Pathfinder Acquisition Corp |
Closed
122,461
|
$1,201,000 | |
| Vy Global Growth |
Closed
100,873
|
$998,000 | |
| Fintech Acquisition Corp V |
Closed
92,334
|
$909,000 | |
| Sports Ventures Acquisin Cor |
Closed
92,238
|
$907,000 | |
| NortonLifeLock Inc |
Closed
40,857
|
$897,000 | |
| Cohn Robbins Holdings Corp. |
Closed
86,691
|
$862,000 | |
| Insu Acquisition Corp Iii |
Closed
79,319
|
$781,000 | |
| Tishman Speyer Innovation Co |
Closed
64,797
|
$634,000 | |
| Fortress Value Acquis Corp I |
Closed
62,172
|
$611,000 | |
| Amci Acquisition Corp Ii |
Closed
62,481
|
$610,000 | |
| Mountain Crest Acqusitn Crp |
Closed
56,826
|
$560,000 | |
| No transactions found | |||
| Showing first 500 out of 131 holdings | |||