One Tusk Investment Partners L.P. 13F annual report
One Tusk Investment Partners L.P. is an investment fund managing more than $81.7 million ran by Neil Berman. There are currently 11 companies in Mr. Berman’s portfolio. The largest investments include Vistra and Constellium Nv, together worth $27.7 million.
$81.7 million Assets Under Management (AUM)
As of 7th October 2020, One Tusk Investment Partners L.P.’s top holding is 580,000 shares of Vistra currently worth over $15.5 million and making up 19.0% of the portfolio value.
Relative to the number of outstanding shares of Vistra, One Tusk Investment Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 960,000 shares of Constellium Nv worth $12.2 million.
The third-largest holding is JBG SMITH Properties worth $9.41 million and the next is Altaba Inc worth $8.96 million, with 460,000 shares owned.
Currently, One Tusk Investment Partners L.P.'s portfolio is worth at least $81.7 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 One Tusk Investment Partners L.P.
The One Tusk Investment Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Neil Berman serves as the Chief Operating Officer/Chief Financial Officer at One Tusk Investment Partners L.P..
Recent trades
In the most recent 13F filing, One Tusk Investment Partners L.P. revealed that it had opened a new position in
Altaba Inc and bought 460,000 shares worth $8.96 million.
The investment fund also strengthened its position in NMI by buying
115,000 additional shares.
This makes their stake in NMI total 340,000 shares worth $8.93 million.
NMI dropped 16.7% in the past year.
On the other hand, there are companies that One Tusk Investment Partners L.P. is getting rid of from its portfolio.
One Tusk Investment Partners L.P. closed its position in Essent on 1st November 2019.
It sold the previously owned 215,000 shares for $10.1 million.
Neil Berman also disclosed a decreased stake in Constellium Nv by 0.2%.
This leaves the value of the investment at $12.2 million and 960,000 shares.
One of the smallest hedge funds
The two most similar investment funds to One Tusk Investment Partners L.P. are Dan L Duncan Foundation and Armstrong Shaw Associates Inc/ct. They manage $81.7 million and $81.8 million respectively.
Neil Berman investment strategy
One Tusk Investment Partners L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Utilities — making up 19.0% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% 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
18% 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 $55.6 billion.
The complete list of One Tusk Investment Partners L.P. trades based on 13F SEC filings
These positions were updated on November 1st 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 |
|---|---|---|---|
| Vistra Corp. |
No change
580,000
|
$15,503,000 | 18.97% |
| Constellium Nv |
21.63%
960,000
|
$12,202,000 | 14.93% |
| Essent Group Ltd. |
Closed
215,000
|
$10,103,000 | |
| JBG SMITH Properties |
4.00%
240,000
|
$9,410,000 | 11.51% |
| Altaba Inc |
Opened
460,000
|
$8,961,000 | 10.96% |
| NMI Holdings, Inc. |
51.11%
340,000
|
$8,928,000 | 10.92% |
| Fidelity Natl Information Sv |
81.82%
60,000
|
$7,966,000 | 9.75% |
| Progressive Corp Ohio |
20.00%
90,000
|
$6,953,000 | 8.51% |
| Synopsys, Inc. |
No change
35,000
|
$4,804,000 | 5.88% |
| Mastercard, Inc. |
14.29%
15,000
|
$4,074,000 | 4.98% |
| PG&E Corp. |
Closed
130,000
|
$2,980,000 | |
| Palomar Holdings, Inc. |
50.70%
49,300
|
$1,943,000 | 2.38% |
| Maxar Technologies, Inc. |
Opened
130,000
|
$988,000 | 1.21% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||
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