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