Praesidium Investment Management 13F annual report

Praesidium Investment Management is an investment fund managing more than $678 billion ran by Kevin Oram. There are currently 12 companies in Mr. Oram’s portfolio. The largest investments include PTC Inc and ServiceNow Inc, together worth $187 billion.

$678 billion Assets Under Management (AUM)

As of 8th May 2024, Praesidium Investment Management’s top holding is 510,566 shares of PTC Inc currently worth over $96.5 billion and making up 14.2% of the portfolio value. Relative to the number of outstanding shares of PTC Inc, Praesidium Investment Management owns more than approximately 0.1% of the company. In addition, the fund holds 118,581 shares of ServiceNow Inc worth $90.4 billion, whose value grew 10.9% in the past six months. The third-largest holding is Jabil Inc worth $82.1 billion and the next is CyberArk Software Ltd worth $74.1 billion, with 279,071 shares owned.

Currently, Praesidium Investment Management's portfolio is worth at least $678 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 Praesidium Investment Management

The Praesidium Investment Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kevin Oram serves as the Member at Praesidium Investment Management.

Recent trades

In the most recent 13F filing, Praesidium Investment Management revealed that it had opened a new position in Endava plc and bought 457,518 shares worth $17.4 billion. This means they effectively own approximately 0.1% of the company. Endava plc makes up 3.1% of the fund's Technology sector allocation and has decreased its share price by 39.3% in the past year.

The investment fund also strengthened its position in Zeta Global by buying 5,133,756 additional shares. This makes their stake in Zeta Global total 5,508,506 shares worth $60.2 billion. Zeta Global soared 92.4% in the past year.

On the other hand, there are companies that Praesidium Investment Management is getting rid of from its portfolio. Praesidium Investment Management closed its position in Sprinklr on 15th May 2024. It sold the previously owned 4,453,692 shares for $61.6 billion. Kevin Oram also disclosed a decreased stake in PTC Inc by 0.3%. This leaves the value of the investment at $96.5 billion and 510,566 shares.

One of the average hedge funds

The two most similar investment funds to Praesidium Investment Management are Mcgowan Asset Management and Magnolia Group. They manage $678 billion and $678 billion respectively.

Kevin Oram investment strategy

Praesidium Investment Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 83.4% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 25% 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 $14.7 billion.

The complete list of Praesidium Investment Management trades based on 13F SEC filings

These positions were updated on May 15th 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
PTC Inc	27.46% 510,566	$96,466,340,000	14.23%
ServiceNow Inc	35.69% 118,581	$90,406,154,000	13.34%
Jabil Inc	30.16% 612,838	$82,089,650,000	12.11%
CyberArk Software Ltd	23.44% 279,071	$74,129,630,000	10.94%
JFrog Ltd	13.31% 1,582,038	$69,957,720,000	10.32%
Sprinklr, Inc.	Closed 4,453,692	$61,639,097,000
Zeta Global Holdings Corp.	1,369.91% 5,508,506	$60,207,971,000	8.88%
Intapp Inc	16.30% 1,559,436	$53,488,655,000	7.89%
Resideo Technologies Inc	Closed 3,078,429	$48,639,178,000
Masonite Intl Corp	Closed 520,640	$48,534,061,000
Morningstar Inc	30.17% 140,192	$43,231,007,000	6.38%
Tyler Technologies, Inc.	21.48% 94,783	$40,283,723,000	5.94%
Zuora Inc	44.66% 3,749,066	$34,191,482,000	5.04%
Endava plc	Opened 457,518	$17,403,985,000	2.57%
Gxo Logistics Incorporated	Opened 297,557	$15,996,664,000	2.36%
No transactions found
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