Tracking Polen Capital Management’s 13F Portfolio – Q1 2022 Update

• Polen Capital Management’s 13F portfolio value decreased from $59.53B to $51.27B this quarter. 
• Adobe, Meta Platforms, and Airbnb were increased while decreasing Alphabet, Zoetis, and Starbucks. 
• The top three positions are Amazon.com, Alphabet, and Adobe and they add up to ~24% of the portfolio.

 This article is first in a series that provides an ongoing analysis of the changes made to Polen Capital Management’s 13F portfolio on a quarterly basis. It is based on their regulatory 13F Form filed on 5/12/2022.

 

 

The spreadsheet below highlights changes to Polen Capital Management’s 13F holdings in Q1 2022:

 

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Tracking Paul Singer’s Elliott Investment Management 13F Portfolio – Q1 2022 Update

• Paul Singer’s 13F portfolio value decreased from ~$11.3B to ~$10B this quarter. 
• They added Invesco QQQ Calls while reducing the corresponding short position by reducing Puts. 
• Howmet Aerospace at ~15% of the portfolio is by far the largest position. 

Paul Singer’s Elliott Investment Management 13F Portfolio value decreased from ~$11.3B to ~$10B this quarter. The portfolio is concentrated with top-three positions accounting for around one-third of the portfolio and top-five at ~45%.

 

Note: Regulatory filings show them owning significant ownership stakes in the following businesses – E2Open Holdings (ETWO), Dell Technologies (DELL), Arconic (ARNC), Peabody Energy (BTU).

 

The spreadsheet below highlights changes to Elliott Investment Management’s 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 

 

Tracking Jeffrey Ubben’s Inclusive Capital Partners 13F Portfolio – Q1 2022 Update

• Jeffrey Ubben’s 13F portfolio value decreased from ~$977M to ~$969M this quarter. 
• They increased Ingevity Corp while decreasing Nikola, AppHarvest, and Exxon Mobil. 
• Enviva at ~43% of the portfolio is by far the largest position. 

 Jeffrey Ubben’s Inclusive Capital Partners 13F Portfolio value decreased from ~$977M to ~$969M this quarter. The heavily concentrated portfolio continues to have only a handful of positions.

 

Note: Regulatory filings show them owning significant ownership stakes in the following businesses - ~10% of Unifi Inc. (UFI), 5.4% of Ingevity Corp (NGVT), 5.7% of AppHarvest (APPH), 7.8% of Enviva Inc. (EVA), and 6.7% of Vroom Inc. (VRM).

 

The spreadsheet below highlights changes to Inclusive Capital Partners’ 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 

Tracking Pat Dorsey’s Dorsey Asset Management 13F Portfolio – Q1 2022 Update

• Pat Dorsey’s 13F portfolio value decreased from ~$1.17B to ~$1.04B this quarter. 
• They added Roku and increased Meta Platforms & PayPal Holdings. 
• Meta Platforms at ~16% of the portfolio is the largest position. 

 Pay Dorsey’s Dorsey Asset Management 13F Portfolio value decreased from ~$1.17B to ~$1.04B this quarter. The heavily concentrated portfolio continues to have only a handful of positions.

 

Note: Regulatory filings show them owning significant ownership stakes in the following businesses - ~8% of Semrush (SEMR) and ~7% of Poshmark (POSH).

 

The spreadsheet below highlights changes to Dorsey Asset Management’s 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 

Tracking Li Lu’s Himalaya Capital Management 13F Portfolio – Q1 2022 Update

• Li Lu’s 13F portfolio value decreased from ~$2.66B to ~$2.38B this quarter. 
• The portfolio remained untouched during the quarter. 
• Micron Technology at ~38% of the portfolio is by far the largest position. 

 Li Lu’s Himalaya Capital Management 13F Portfolio value decreased from ~$2.66B to ~$2.38B this quarter. The heavily concentrated portfolio continues to have less than ten stakes.

 

The spreadsheet below highlights changes to Himalaya Capital Management’s 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 

Tracking Clifford Sossin’s CAS Investment Partners 13F Portfolio – Q1 2022 Update

• Clifford Sossin’s 13F portfolio value decreased from ~$1.92B to ~$1.49B this quarter. 
• The Carvana stake was increased during the quarter. 
• Carvana at roughly one-third of the portfolio is by far the largest position. 

Clifford Sossin’s CAS Investment Partners 13F Portfolio value decreased from ~$1.92B to ~$1.49B this quarter. The heavily concentrated portfolio continues to have less than ten stakes.

 

Note: They have large ownership stakes in the following businesses: ~17% of Party City (PRTY), ~11% of World Acceptance (WRLD), 6.4% of Hilton Grand Vacations (HGV), and ~16% of Cardlytics (CDLX).

 

The spreadsheet below highlights changes to CAS Investment Partners’ 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.  

 

Tracking Robert Vinall’s RV Capital 13F Portfolio – Q1 2022 Update

• Robert Vinall’s 13F portfolio value decreased from $386M to $323M this quarter. 
• The Carvana stake was increased while decreasing Meta Platforms. 
• Credit Acceptance Corp at roughly one-third of the portfolio is by far the largest position. 

 Robert Vinall’s RV Capital 13F Portfolio value decreased from $386M to $323M this quarter. The heavily concentrated portfolio continues to have less than ten stakes.

 

 

The spreadsheet below highlights changes to RV Capital’s 13F holdings in Q1 2022:

 

 

 

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.