Lonestar Capital Management 13F annual report
Lonestar Capital Management is an investment fund managing more than $81.1 billion ran by Yedi Wong. There are currently 12 companies in Wong’s portfolio. The largest investments include Energy Transfer L P and Diversified Healthcare Tr, together worth $42.9 billion.
$81.1 billion Assets Under Management (AUM)
As of 7th August 2024, Lonestar Capital Management’s top holding is 1,450,000 shares of Energy Transfer L P currently worth over $23.5 billion and making up 29.0% of the portfolio value.
In addition, the fund holds 6,360,000 shares of Diversified Healthcare Tr worth $19.4 billion.
The third-largest holding is Garrett Motion Inc worth $10.3 billion and the next is Uber Technologies Inc worth $5.09 billion, with 70,000 shares owned.
Currently, Lonestar Capital Management's portfolio is worth at least $81.1 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 Lonestar Capital Management
The Lonestar Capital Management office and employees reside in Menlo Park, California. According to the last 13-F report filed with the SEC, Yedi Wong serves as the Chief Financial Officer at Lonestar Capital Management.
Recent trades
In the most recent 13F filing, Lonestar Capital Management revealed that it had opened a new position in
Chesapeake and bought 40,000 shares worth $3.29 billion.
This means they effectively own approximately 0.1% of the company.
Chesapeake makes up
42.0%
of the fund's Energy sector allocation and has decreased its share price by 14.3% in the past year.
The investment fund also strengthened its position in ADT Inc by buying
147,000 additional shares.
This makes their stake in ADT Inc total 667,000 shares worth $5.07 billion.
ADT Inc soared 11.6% in the past year.
On the other hand, there are companies that Lonestar Capital Management is getting rid of from its portfolio.
Lonestar Capital Management closed its position in Advance Auto Parts Inc on 14th August 2024.
It sold the previously owned 40,000 shares for $3.4 billion.
Yedi Wong also disclosed a decreased stake in Energy Transfer L P by approximately 0.1%.
This leaves the value of the investment at $23.5 billion and 1,450,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Lonestar Capital Management are Broadcrest Asset Management and Summit Investment Advisory Services. They manage $81.3 billion and $81.3 billion respectively.
Yedi Wong investment strategy
Lonestar Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 12.7% of
the total portfolio value.
The fund focuses on investments in the United States as
41.7% 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
17% 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 $11.4 billion.
The complete list of Lonestar Capital Management 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 |
|---|---|---|---|
| Energy Transfer L P |
3.33%
1,450,000
|
$23,519,000,000 | 28.99% |
| Diversified Healthcare Tr |
2.06%
6,360,000
|
$19,398,000,000 | 23.91% |
| Garrett Motion Inc |
7.55%
1,200,000
|
$10,308,000,000 | 12.71% |
| Uber Technologies Inc |
44.00%
70,000
|
$5,087,600,000 | 6.27% |
| ADT Inc |
28.27%
667,000
|
$5,069,200,000 | 6.25% |
| Murphy Oil Corp. |
No change
110,000
|
$4,536,400,000 | 5.59% |
| Caesars Entertainment Inc Ne |
66.67%
100,000
|
$3,974,000,000 | 4.90% |
| Advance Auto Parts Inc |
Closed
40,000
|
$3,403,600,000 | |
| Chesapeake Energy Corp. |
Opened
40,000
|
$3,287,600,000 | 4.05% |
| Golar Lng |
No change
90,000
|
$2,821,500,000 | 3.48% |
| Western Midstream Partners L |
Closed
70,000
|
$2,488,500,000 | |
| Chord Energy Corporation |
No change
10,000
|
$1,676,800,000 | 2.07% |
| Willscot Mobil Mini Hldng Co |
11.83%
35,269
|
$1,327,525,000 | 1.64% |
| Target Hospitality Corp. |
Closed
109,600
|
$1,191,352,000 | |
| Gannett Co Inc. |
Opened
27,272
|
$125,724,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||
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