Aldebaran Capital 13F annual report
Aldebaran Capital is an investment fund managing more than $107 billion ran by Kenneth Skarbeck. There are currently 33 companies in Mr. Skarbeck’s portfolio. The largest investments include Berkshire Hathaway and Occidental Pete Corp, together worth $30.5 billion.
$107 billion Assets Under Management (AUM)
As of 6th August 2024, Aldebaran Capital’s top holding is 44,054 shares of Berkshire Hathaway currently worth over $19.1 billion and making up 17.8% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Aldebaran Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 182,953 shares of Occidental Pete Corp worth $11.3 billion.
The third-largest holding is Bunge Limited worth $10.8 billion and the next is Microsoft worth $10.7 billion, with 23,906 shares owned.
Currently, Aldebaran Capital's portfolio is worth at least $107 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 Aldebaran Capital
The Aldebaran Capital office and employees reside in Carmel, Indiana. According to the last 13-F report filed with the SEC, Kenneth Skarbeck serves as the President at Aldebaran Capital.
Recent trades
In the most recent 13F filing, Aldebaran Capital revealed that it had opened a new position in
Bunge Limited and bought 101,521 shares worth $10.8 billion.
The investment fund also strengthened its position in Occidental Pete Corp by buying
10,015 additional shares.
This makes their stake in Occidental Pete Corp total 182,953 shares worth $11.3 billion.
On the other hand, there are companies that Aldebaran Capital is getting rid of from its portfolio.
Aldebaran Capital closed its position in Bunge Limited on 13th August 2024.
It sold the previously owned 104,539 shares for $10.6 billion.
Kenneth Skarbeck also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $19.1 billion and 44,054 shares.
One of the smallest hedge funds
The two most similar investment funds to Aldebaran Capital are Breed's Hill Capital and Bts Asset Management. They manage $107 billion and $107 billion respectively.
Kenneth Skarbeck investment strategy
Aldebaran Capital’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 20.1% of
the total portfolio value.
The fund focuses on investments in the United States as
39.4% 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
33% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $223 billion.
The complete list of Aldebaran Capital 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
4.75%
44,054
|
$19,144,836,000 | 17.83% |
| Occidental Pete Corp |
5.79%
182,953
|
$11,349,153,000 | 10.57% |
| Bunge Limited |
Opened
101,521
|
$10,839,397,000 | 10.09% |
| Microsoft Corporation |
2.17%
23,906
|
$10,684,787,000 | 9.95% |
| Bunge Limited |
Closed
104,539
|
$10,553,213,000 | |
| Lilly Eli & Co |
No change
7,783
|
$7,046,573,000 | 6.56% |
| Bank America Corp |
4.27%
145,261
|
$5,777,030,000 | 5.38% |
| Cato Corp. |
2.11%
923,936
|
$5,118,605,000 | 4.77% |
| Corning, Inc. |
Closed
160,450
|
$4,885,703,000 | |
| Suncor Energy, Inc. |
5.52%
127,670
|
$4,864,227,000 | 4.53% |
| Ishares Tr Rus Mdcp Val |
Opened
38,764
|
$4,680,365,000 | 4.36% |
| Chevron Corp. |
5.55%
29,121
|
$4,555,107,000 | 4.24% |
| Abrdn Etfs |
4.96%
170,613
|
$3,508,845,000 | 3.27% |
| JPMorgan Chase & Co. |
No change
11,907
|
$2,408,310,000 | 2.24% |
| Richardson Electrs Ltd |
3.97%
152,710
|
$1,815,722,000 | 1.69% |
| Verizon Communications Inc |
6.42%
43,156
|
$1,779,753,000 | 1.66% |
| Hillenbrand Inc |
4.55%
40,786
|
$1,632,256,000 | 1.52% |
| Freeport-McMoRan Inc |
5.21%
32,309
|
$1,570,217,000 | 1.46% |
| Enbridge Inc |
5.58%
43,760
|
$1,557,418,000 | 1.45% |
| Century Alum Co |
4.76%
63,430
|
$1,062,453,000 | 0.99% |
| Patrick Inds Inc |
3.49%
9,684
|
$1,051,198,000 | 0.98% |
| Aclaris Therapeutics Inc |
Opened
858,152
|
$943,967,000 | 0.88% |
| IES Holdings Inc |
4.50%
5,411
|
$753,915,000 | 0.70% |
| Tectonic Therapeutic Inc |
Opened
41,991
|
$691,592,000 | 0.64% |
| Reneo Pharmaceuticals Inc |
Opened
447,616
|
$675,900,000 | 0.63% |
| Teck Resources Ltd |
5.05%
13,313
|
$637,693,000 | 0.59% |
| AvroBio Inc |
Closed
454,986
|
$618,781,000 | |
| Pmv Pharmaceuticals Inc |
Opened
351,243
|
$569,014,000 | 0.53% |
| Amylyx Pharmaceuticals Inc |
Opened
269,803
|
$512,626,000 | 0.48% |
| Barrick Gold Corp. |
6.37%
29,979
|
$500,050,000 | 0.47% |
| Cyteir Therapeutics Inc |
Closed
143,739
|
$436,967,000 | |
| Merchants Bancorp Ind |
No change
10,125
|
$410,468,000 | 0.38% |
| Duke Energy Corp. |
No change
3,600
|
$360,828,000 | 0.34% |
| Ford Mtr Co Del |
No change
20,650
|
$258,951,000 | 0.24% |
| Exxon Mobil Corp. |
Opened
1,908
|
$219,649,000 | 0.20% |
| General Electric Co |
Opened
1,331
|
$211,589,000 | 0.20% |
| Procter And Gamble Co |
Opened
1,260
|
$207,873,000 | 0.19% |
| Ishares U.s. Tech |
Closed
1,672
|
$205,238,000 | |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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