Armor Advisors, L.L.C 13F annual report

Armor Advisors, L.L.C is an investment fund managing more than $117 billion ran by Eden Nanazia. There are currently 11 companies in Mrs. Nanazia’s portfolio. The largest investments include Royal Gold and Franco Nev Corp, together worth $43 billion.

$117 billion Assets Under Management (AUM)

As of 8th May 2023, Armor Advisors, L.L.C’s top holding is 182,612 shares of Royal Gold currently worth over $23.7 billion and making up 20.3% of the portfolio value. Relative to the number of outstanding shares of Royal Gold, Armor Advisors, L.L.C owns more than approximately 0.1% of the company. In addition, the fund holds 132,200 shares of Franco Nev Corp worth $19.3 billion. The third-largest holding is Canadian Nat Res Ltd worth $15.3 billion and the next is Ferguson Plc New worth $11.5 billion, with 85,644 shares owned.

Currently, Armor Advisors, L.L.C's portfolio is worth at least $117 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 Armor Advisors, L.L.C

The Armor Advisors, L.L.C office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eden Nanazia serves as the Chief Compliance Officer at Armor Advisors, L.L.C.

Recent trades

In the most recent 13F filing, Armor Advisors, L.L.C revealed that it had opened a new position in XP Inc and bought 715,000 shares worth $8.49 billion. This means they effectively own approximately 0.1% of the company. XP Inc makes up 100.0% of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Canadian Nat Res Ltd by buying 42,500 additional shares. This makes their stake in Canadian Nat Res Ltd total 276,000 shares worth $15.3 billion.

On the other hand, Eden Nanazia disclosed a decreased stake in Royal Gold by approximately 0.1%. This leaves the value of the investment at $23.7 billion and 182,612 shares.

One of the smaller hedge funds

The two most similar investment funds to Armor Advisors, L.L.C are Rfg and Retirement Financial Solutions. They manage $117 billion and $117 billion respectively.

Eden Nanazia investment strategy

Armor Advisors, L.L.C’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Materials — making up 30.0% of the total portfolio value. The fund focuses on investments in the United States as 9.1% 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 9% 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 $8.38 billion.

The complete list of Armor Advisors, L.L.C 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
Royal Gold, Inc.	2.14% 182,612	$23,686,603,000	20.30%
Franco Nev Corp	No change 132,200	$19,274,760,000	16.52%
Canadian Nat Res Ltd	18.20% 276,000	$15,276,600,000	13.09%
Ferguson Plc New	56.00% 85,644	$11,454,885,000	9.82%
Eog Res Inc	3.87% 94,000	$10,775,220,000	9.23%
Frontline Ltd	24.63% 570,570	$9,448,639,000	8.10%
XP Inc	Opened 715,000	$8,487,050,000	7.27%
Seabridge Gold, Inc.	7.63% 635,000	$8,223,250,000	7.05%
Sprott Physical Silver Tr	16.27% 436,000	$3,636,240,000	3.12%
Schwab Charles Corp	Opened 63,000	$3,299,940,000	2.83%
Wheaton Precious Metals Corp	Opened 65,050	$3,132,808,000	2.68%
No transactions found
Showing first 500 out of 11 holdings