Appian Way Asset Management L.P. is an investment fund managing more than $389 billion ran by Mark Weiner. There are currently 38 companies in Mr. Weiner’s portfolio. The largest investments include Sealed Air and Spirit Aerosystems Inc, together worth $86.9 billion.
As of 7th August 2024, Appian Way Asset Management L.P.’s top holding is 1,349,857 shares of Sealed Air currently worth over $47 billion and making up 12.1% of the portfolio value.
Relative to the number of outstanding shares of Sealed Air, Appian Way Asset Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,215,961 shares of Spirit Aerosystems Inc worth $40 billion, whose value grew 14.8% in the past six months.
The third-largest holding is Parsons Corp worth $32.3 billion and the next is Sigma Lithium Corporation worth $31.3 billion, with 2,604,136 shares owned.
Currently, Appian Way Asset Management L.P.'s portfolio is worth at least $389 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.
The Appian Way Asset Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Mark Weiner serves as the Chief Compliance Officer at Appian Way Asset Management L.P..
In the most recent 13F filing, Appian Way Asset Management L.P. revealed that it had opened a new position in
Spirit Aerosystems Inc and bought 1,215,961 shares worth $40 billion.
This means they effectively own approximately 0.1% of the company.
Spirit Aerosystems Inc makes up
30.2%
of the fund's Industrials sector allocation and has grown its share price by 45.3% in the past year.
The investment fund also strengthened its position in Sealed Air by buying
546,701 additional shares.
This makes their stake in Sealed Air total 1,349,857 shares worth $47 billion.
Sealed Air dropped 12.8% in the past year.
On the other hand, there are companies that Appian Way Asset Management L.P. is getting rid of from its portfolio.
Appian Way Asset Management L.P. closed its position in Nutrien Ltd on 14th August 2024.
It sold the previously owned 484,884 shares for $26.3 billion.
Mark Weiner also disclosed a decreased stake in Dycom Inds Inc by 0.1%.
This leaves the value of the investment at $29.1 billion and 172,344 shares.
The two most similar investment funds to Appian Way Asset Management L.P. are First Pacific and Harbor. They manage $389 billion and $390 billion respectively.
Appian Way Asset Management L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Industrials — making up 34.0% of
the total portfolio value.
The fund focuses on investments in the United States as
57.9% 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
34% 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 $25.9 billion.
These positions were updated on August 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 |
|---|---|---|---|
| Sealed Air Corp. |
68.07%
1,349,857
|
$46,961,525,000 | 12.06% |
| Spirit Aerosystems Holdings Inc |
Opened
1,215,961
|
$39,968,638,000 | 10.27% |
| Parsons Corp |
649.89%
394,855
|
$32,303,088,000 | 8.30% |
| Sigma Lithium Corporation |
14.71%
2,604,136
|
$31,327,756,000 | 8.05% |
| Dycom Inds Inc |
12.68%
172,344
|
$29,084,773,000 | 7.47% |
| Purecycle Technologies Inc |
29.83%
4,823,742
|
$28,556,553,000 | 7.34% |
| Nutrien Ltd |
Closed
484,884
|
$26,334,050,000 | |
| Knight-swift Transn Hldgs In |
Opened
396,764
|
$19,806,459,000 | 5.09% |
| Mastec Inc. |
21.13%
155,874
|
$16,676,959,000 | 4.28% |
| CSX Corp. |
12.39%
490,062
|
$16,392,574,000 | 4.21% |
| Cal-Maine Foods, Inc. |
Closed
222,871
|
$13,115,958,000 | |
| Hormel Foods Corp. |
Opened
387,373
|
$11,811,003,000 | 3.03% |
| United Airls Hldgs Inc |
1.05%
236,552
|
$11,510,620,000 | 2.96% |
| L3Harris Technologies Inc |
4.60%
47,703
|
$10,713,140,000 | 2.75% |
| Mosaic Co New |
Opened
354,371
|
$10,241,322,000 | 2.63% |
| ATI Inc |
5.58%
162,782
|
$9,026,262,000 | 2.32% |
| Archer Daniels Midland Co. |
Closed
139,806
|
$8,781,215,000 | |
| Carlisle Cos Inc |
Closed
22,022
|
$8,629,321,000 | |
| Ball Corp. |
139.99%
136,312
|
$8,181,446,000 | 2.10% |
| Chemours Company |
Closed
288,462
|
$7,575,012,000 | |
| Westlake Corporation |
70.33%
48,840
|
$7,073,009,000 | 1.82% |
| Louisiana Pac Corp |
Closed
66,800
|
$5,605,188,000 | |
| Alaska Air Group Inc. |
116.58%
133,018
|
$5,373,927,000 | 1.38% |
| Embraer S.A. |
Opened
205,026
|
$5,289,671,000 | 1.36% |
| Air Prods & Chems Inc |
Opened
20,131
|
$5,194,805,000 | 1.33% |
| Vertiv Holdings Co |
Closed
60,400
|
$4,932,868,000 | |
| International Paper Co. |
123.16%
111,623
|
$4,816,532,000 | 1.24% |
| Builders Firstsource Inc |
Opened
27,600
|
$3,820,116,000 | 0.98% |
| Primoris Svcs Corp |
Opened
72,064
|
$3,595,273,000 | 0.92% |
| Axalta Coating Sys Ltd |
Opened
96,783
|
$3,307,075,000 | 0.85% |
| International Flavors&fragra |
Opened
31,400
|
$2,989,594,000 | 0.77% |
| DuPont de Nemours Inc |
Opened
37,000
|
$2,978,130,000 | 0.76% |
| Azek Co Inc |
Opened
67,600
|
$2,847,988,000 | 0.73% |
| Deere & Co. |
Opened
7,000
|
$2,615,410,000 | 0.67% |
| Pilgrims Pride Corp |
Closed
73,718
|
$2,530,002,000 | |
| Tenaris S.A. |
Opened
80,878
|
$2,468,397,000 | 0.63% |
| NexGen Energy Ltd |
Opened
322,943
|
$2,254,142,000 | 0.58% |
| Entegris Inc |
Closed
13,900
|
$1,953,506,000 | |
| Ferroglobe Plc |
75.96%
350,000
|
$1,876,000,000 | 0.48% |
| Copa Holdings Sa |
84.31%
19,168
|
$1,824,410,000 | 0.47% |
| DarioHealth Corp |
3.13%
1,375,880
|
$1,637,297,000 | 0.42% |
| AGCO Corp. |
Opened
16,700
|
$1,634,596,000 | 0.42% |
| West Fraser Timber Co Ltd |
Closed
14,114
|
$1,219,873,000 | |
| Crown Holdings, Inc. |
Opened
14,916
|
$1,109,601,000 | 0.29% |
| Darling Ingredients Inc |
Opened
29,674
|
$1,090,520,000 | 0.28% |
| Advanced Micro Devices Inc. |
Closed
5,900
|
$1,064,891,000 | |
| Enphase Energy Inc |
Opened
10,100
|
$1,007,071,000 | 0.26% |
| Otis Worldwide Corporation |
Opened
10,300
|
$991,478,000 | 0.25% |
| Honeywell International Inc |
Opened
4,500
|
$960,930,000 | 0.25% |
| Mobileye Global Inc |
Closed
17,892
|
$575,228,000 | |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||