Kinetic Partners Management, L.P. 13F annual report
Kinetic Partners Management, L.P. is an investment fund managing more than $1.37 trillion ran by Owen Schmidt. There are currently 27 companies in Mr. Schmidt’s portfolio. The largest investments include Amazon.com and Microsoft, together worth $238 billion.
$1.37 trillion Assets Under Management (AUM)
As of 22nd August 2024, Kinetic Partners Management, L.P.’s top holding is 807,957 shares of Amazon.com currently worth over $156 billion and making up 11.4% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Kinetic Partners Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 183,105 shares of Microsoft worth $81.8 billion, whose value fell 0.7% in the past six months.
The third-largest holding is Louisiana Pac Corp worth $80.9 billion and the next is Salesforce Inc worth $80.3 billion, with 312,460 shares owned.
Currently, Kinetic Partners Management, L.P.'s portfolio is worth at least $1.37 trillion. 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 Kinetic Partners Management, L.P.
The Kinetic Partners Management, L.P. office and employees reside in Miami, Florida. According to the last 13-F report filed with the SEC, Owen Schmidt serves as the General Counsel at Kinetic Partners Management, L.P..
Recent trades
In the most recent 13F filing, Kinetic Partners Management, L.P. revealed that it had opened a new position in
Louisiana Pac Corp and bought 982,417 shares worth $80.9 billion.
The investment fund also strengthened its position in Amazon.com by buying
165,457 additional shares.
This makes their stake in Amazon.com total 807,957 shares worth $156 billion.
Amazon.com soared 26.6% in the past year.
On the other hand, there are companies that Kinetic Partners Management, L.P. is getting rid of from its portfolio.
Kinetic Partners Management, L.P. closed its position in General Electric Co on 14th August 2024.
It sold the previously owned 294,100 shares for $51.6 billion.
Owen Schmidt also disclosed a decreased stake in Microsoft by 0.2%.
This leaves the value of the investment at $81.8 billion and 183,105 shares.
One of the largest hedge funds
The two most similar investment funds to Kinetic Partners Management, L.P. are Avala Global L.P. and Generate Investment Management Ltd. They manage $1.37 trillion and $1.37 trillion respectively.
Owen Schmidt investment strategy
Kinetic Partners Management, L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 30.5% of
the total portfolio value.
The fund focuses on investments in the United States as
63.0% 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
56% 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 $259 billion.
The complete list of Kinetic Partners Management, L.P. trades based on 13F SEC filings
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 |
|---|---|---|---|
| Amazon.com Inc. |
25.75%
807,957
|
$156,137,690,000 | 11.36% |
| Microsoft Corporation |
16.81%
183,105
|
$81,838,780,000 | 5.96% |
| Louisiana Pac Corp |
Opened
982,417
|
$80,882,392,000 | 5.89% |
| Salesforce Inc |
8.12%
312,460
|
$80,333,466,000 | 5.85% |
| Carvana Co. |
Opened
512,800
|
$66,007,616,000 | 4.80% |
| Booking Holdings Inc |
11.14%
16,350
|
$64,770,525,000 | 4.71% |
| Ge Vernova Inc |
137.98%
362,925
|
$62,245,267,000 | 4.53% |
| Aercap Holdings Nv |
121.83%
667,500
|
$62,211,000,000 | 4.53% |
| TransUnion |
1.34%
829,100
|
$61,486,056,000 | 4.47% |
| PTC Inc |
11.95%
324,135
|
$58,885,605,000 | 4.28% |
| DoorDash Inc |
4.63%
528,376
|
$57,476,741,000 | 4.18% |
| Blue Owl Capital Inc |
15.85%
3,105,365
|
$55,120,229,000 | 4.01% |
| Tempur Sealy International Inc |
19.19%
1,146,092
|
$54,255,995,000 | 3.95% |
| General Electric Co |
Closed
294,100
|
$51,623,373,000 | |
| Axalta Coating Sys Ltd |
12.54%
1,377,087
|
$47,055,063,000 | 3.42% |
| Ferguson Plc New |
45.65%
213,800
|
$41,402,370,000 | 3.01% |
| Taiwan Semiconductor Mfg Ltd |
61.45%
230,717
|
$40,100,922,000 | 2.92% |
| Alphabet Inc |
29.58%
215,000
|
$39,435,300,000 | 2.87% |
| Uber Technologies Inc |
28.41%
504,500
|
$36,667,060,000 | 2.67% |
| Apollo Global Mgmt Inc |
30.05%
284,000
|
$33,531,880,000 | 2.44% |
| Intuit Inc |
16.05%
47,600
|
$31,283,196,000 | 2.28% |
| Progressive Corp. |
53.26%
148,300
|
$30,803,393,000 | 2.24% |
| Sea Ltd |
15.31%
417,500
|
$29,817,850,000 | 2.17% |
| Procore Technologies, Inc. |
16.03%
392,988
|
$26,059,034,000 | 1.90% |
| Meta Platforms Inc |
52.10%
50,300
|
$25,362,266,000 | 1.85% |
| ZoomInfo Technologies Inc. |
41.43%
1,590,500
|
$20,310,685,000 | 1.48% |
| Charter Communications Inc N |
Closed
66,801
|
$19,414,375,000 | |
| NVIDIA Corp |
Opened
149,000
|
$18,407,460,000 | 1.34% |
| Oracle Corp. |
Closed
101,000
|
$12,686,610,000 | |
| Grab Holdings Limited |
79.21%
3,475,802
|
$12,339,097,000 | 0.90% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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