Afton Capital Management 13F annual report
Afton Capital Management is an investment fund managing more than $47 million ran by A Iv. There are currently 18 companies in Iv’s portfolio. The largest investments include Digitalbridge Group Inc and Aspen Aerogels, together worth $16.6 million.
$47 million Assets Under Management (AUM)
As of 5th May 2022, Afton Capital Management’s top holding is 1,700,000 shares of Digitalbridge Group Inc currently worth over $12.2 million and making up 26.0% of the portfolio value.
In addition, the fund holds 127,343 shares of Aspen Aerogels worth $4.39 million, whose value fell 75.0% in the past six months.
The third-largest holding is Halliburton Co worth $3.22 million and the next is Freeport-McMoRan Inc worth $2.74 million, with 55,000 shares owned.
Currently, Afton Capital Management's portfolio is worth at least $47 million. 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 Afton Capital Management
The Afton Capital Management office and employees reside in Charlotte, North Carolina. According to the last 13-F report filed with the SEC, A Iv serves as the Managing Member at Afton Capital Management.
Recent trades
In the most recent 13F filing, Afton Capital Management revealed that it had opened a new position in
Halliburton Co and bought 85,000 shares worth $3.22 million.
On the other hand, there are companies that Afton Capital Management is getting rid of from its portfolio.
Afton Capital Management closed its position in Marvell Technology Inc on 12th May 2022.
It sold the previously owned 50,000 shares for $4.38 million.
A Iv also disclosed a decreased stake in Digitalbridge Group Inc by 0.1%.
This leaves the value of the investment at $12.2 million and 1,700,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Afton Capital Management are Kuvari Partners LL.P. and Zpr Investment Management. They manage $46.9 million and $46.8 million respectively.
A Iv investment strategy
Afton Capital Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Materials — making up 18.8% of
the total portfolio value.
The fund focuses on investments in the United States as
38.9% 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
17% 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 $16.7 billion.
The complete list of Afton Capital Management trades based on 13F SEC filings
These positions were updated on May 12th 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 |
|---|---|---|---|
| Digitalbridge Group Inc |
10.53%
1,700,000
|
$12,240,000 | 26.03% |
| Aspen Aerogels Inc. |
7.52%
127,343
|
$4,391,000 | 9.34% |
| Marvell Technology Inc |
Closed
50,000
|
$4,375,000 | |
| ON Semiconductor Corp. |
Closed
50,000
|
$3,396,000 | |
| Halliburton Co. |
Opened
85,000
|
$3,219,000 | 6.85% |
| Freeport-McMoRan Inc |
63.33%
55,000
|
$2,736,000 | 5.82% |
| Albemarle Corp. |
Closed
10,000
|
$2,338,000 | |
| Collaborative Investmnt Ser |
Opened
50,000
|
$2,313,000 | 4.92% |
| Nabors Industries Ltd |
Opened
15,000
|
$2,291,000 | 4.87% |
| Crowdstrike Holdings Inc |
Opened
10,000
|
$2,271,000 | 4.83% |
| Occidental Pete Corp |
Opened
40,000
|
$2,270,000 | 4.83% |
| Freyr Battery |
Closed
200,000
|
$2,236,000 | |
| Chesapeake Energy Corp. |
Opened
25,000
|
$2,175,000 | 4.63% |
| Lithium Amers Corp New |
Opened
50,000
|
$1,925,000 | 4.09% |
| Continental Res Inc |
Opened
30,000
|
$1,840,000 | 3.91% |
| Enovix Corporation |
38.46%
120,000
|
$1,712,000 | 3.64% |
| Livent Corp |
48.00%
65,000
|
$1,695,000 | 3.60% |
| Mosaic Co New |
Opened
25,000
|
$1,663,000 | 3.54% |
| Liberty Oilfield Svcs Inc |
Opened
105,000
|
$1,556,000 | 3.31% |
| Cf Inds Hldgs Inc |
Opened
15,000
|
$1,546,000 | 3.29% |
| MGM Resorts International |
Closed
30,000
|
$1,346,000 | |
| Patterson-UTI Energy Inc |
Opened
50,000
|
$774,000 | 1.65% |
| Propetro Hldg Corp |
Opened
29,094
|
$405,000 | 0.86% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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