Roumell Asset Management 13F annual report
Roumell Asset Management is an investment fund managing more than $53.3 billion ran by Craig Lukin. There are currently 16 companies in Mr. Lukin’s portfolio. The largest investments include Olo Inc and Opera Ltd, together worth $11.6 billion.
$53.3 billion Assets Under Management (AUM)
As of 6th August 2024, Roumell Asset Management’s top holding is 1,340,362 shares of Olo Inc currently worth over $5.92 billion and making up 11.1% of the portfolio value.
In addition, the fund holds 407,391 shares of Opera Ltd worth $5.72 billion, whose value grew 12.5% in the past six months.
The third-largest holding is Liberty Inc worth $5.4 billion and the next is Select Water Solutions Inc worth $5.25 billion, with 490,841 shares owned.
Currently, Roumell Asset Management's portfolio is worth at least $53.3 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 Roumell Asset Management
The Roumell Asset Management office and employees reside in Chevy Chase, Maryland. According to the last 13-F report filed with the SEC, Craig Lukin serves as the COO/CCO at Roumell Asset Management.
Recent trades
In the most recent 13F filing, Roumell Asset Management revealed that it had opened a new position in
Olo Inc and bought 1,340,362 shares worth $5.92 billion.
The investment fund also strengthened its position in Opera Ltd by buying
267,391 additional shares.
This makes their stake in Opera Ltd total 407,391 shares worth $5.72 billion.
Opera Ltd dropped approximately 0.1% in the past year.
On the other hand, there are companies that Roumell Asset Management is getting rid of from its portfolio.
Roumell Asset Management closed its position in Runway Growth Finance Corp on 13th August 2024.
It sold the previously owned 261,897 shares for $3.36 billion.
Craig Lukin also disclosed a decreased stake in Liberty Inc by 0.2%.
This leaves the value of the investment at $5.4 billion and 258,402 shares.
One of the smallest hedge funds
The two most similar investment funds to Roumell Asset Management are Alpha Square S and Hawkeye Capital Management. They manage $53.5 billion and $53.1 billion respectively.
Craig Lukin investment strategy
Roumell Asset Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 20.4% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% 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
approximately 0.1% 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 $1.42 billion.
The complete list of Roumell Asset Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Olo Inc |
Opened
1,340,362
|
$5,924,400,000 | 11.12% |
| Opera Ltd |
190.99%
407,391
|
$5,719,770,000 | 10.73% |
| Liberty Energy Inc |
22.50%
258,402
|
$5,398,018,000 | 10.13% |
| Select Water Solutions Inc |
51.03%
490,841
|
$5,251,999,000 | 9.86% |
| Magnite Inc |
28.52%
387,766
|
$5,153,410,000 | 9.67% |
| Liquidity Svcs Inc |
20.67%
233,562
|
$4,666,569,000 | 8.76% |
| Acacia Resh Corp |
No change
727,463
|
$3,644,590,000 | 6.84% |
| Kite Rlty Group Tr |
10.96%
151,844
|
$3,398,269,000 | 6.38% |
| Patterson-UTI Energy Inc |
19.78%
324,500
|
$3,361,820,000 | 6.31% |
| Runway Growth Finance Corp |
Closed
261,897
|
$3,357,520,000 | |
| Stratasys Ltd |
Closed
235,000
|
$3,198,350,000 | |
| Identiv Inc |
Closed
331,278
|
$2,795,986,000 | |
| Whitestone REIT |
Opened
192,065
|
$2,556,385,000 | 4.80% |
| Cbre Gbl Real Estate Inc Fd |
No change
395,000
|
$1,990,800,000 | 3.74% |
| Site Ctrs Corp |
Opened
110,000
|
$1,595,000,000 | 2.99% |
| Kvh Inds Inc |
No change
331,653
|
$1,542,186,000 | 2.89% |
| Collplant Biotechnologies Lt |
52.17%
276,430
|
$1,368,329,000 | 2.57% |
| Allot Ltd |
Closed
567,395
|
$1,236,921,000 | |
| Comscore Inc. |
Closed
1,839,704
|
$1,129,394,000 | |
| Quantum Corp |
Closed
1,687,553
|
$1,029,407,000 | |
| Xai Octagn Flt Rat Alt Inm |
No change
141,432
|
$997,096,000 | 1.87% |
| Comscore Inc. |
Opened
50,730
|
$719,859,000 | 1.35% |
| Sonic Fdry Inc |
Closed
405,405
|
$266,594,000 | |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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