Chescapmanager 13F annual report

Chescapmanager is an investment fund managing more than $646 million ran by Mark Lerner. There are currently 47 companies in Mr. Lerner’s portfolio. The largest investments include Willscot Mobil Mini Hldng Co and Amazon.com, together worth $94 million.

Limited to 30 biggest holdings

$646 million Assets Under Management (AUM)

As of 4th February 2022, Chescapmanager’s top holding is 1,322,940 shares of Willscot Mobil Mini Hldng Co currently worth over $54 million and making up 8.4% of the portfolio value. In addition, the fund holds 12,000 shares of Amazon.com worth $40 million, whose value fell 3.4% in the past six months. The third-largest holding is Alphabet Inc worth $36.2 million and the next is Cronos Inc worth $32.6 million, with 8,327,090 shares owned.

Currently, Chescapmanager's portfolio is worth at least $646 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 Chescapmanager

The Chescapmanager office and employees reside in Baltimore, Maryland. According to the last 13-F report filed with the SEC, Mark Lerner serves as the Vice President at Chescapmanager.

Recent trades

In the most recent 13F filing, Chescapmanager revealed that it had opened a new position in Regal Rexnord Corporation and bought 102,521 shares worth $17.4 million.

The investment fund also strengthened its position in Amazon.com by buying 1,000 additional shares. This makes their stake in Amazon.com total 12,000 shares worth $40 million. Amazon.com dropped 2.5% in the past year.

On the other hand, there are companies that Chescapmanager is getting rid of from its portfolio. Chescapmanager closed its position in SPX FLOW Inc on 11th February 2022. It sold the previously owned 170,000 shares for $12.4 million. Mark Lerner also disclosed a decreased stake in Coupang by approximately 0.1%. This leaves the value of the investment at $27.1 million and 923,814 shares.

One of the average hedge funds

The two most similar investment funds to Chescapmanager are Maple Rock Capital Partners and Quantitative Advantage. They manage $646 million and $647 million respectively.


Mark Lerner investment strategy

Chescapmanager’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 18.4% of the total portfolio value. The fund focuses on investments in the United States as 44.7% 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 32% of the total holdings value. On the other hand, small-cap stocks make up only 2.1% of the portfolio. The average market cap of the portfolio companies is close to $231 billion.

The complete list of Chescapmanager trades based on 13F SEC filings

These positions were updated on February 11th 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
Willscot Mobil Mini Hldng Co
No change
1,322,940
$54,029,000 8.36%
Amazon.com Inc.
9.09%
12,000
$40,012,000 6.19%
Alphabet Inc
No change
12,500
$36,213,000 5.60%
Cronos Group Inc
No change
8,327,090
$32,642,000 5.05%
Vertiv Holdings Co
3.54%
1,169,200
$29,195,000 4.52%
Coupang, Inc.
6.57%
923,814
$27,142,000 4.20%
Microsoft Corporation
No change
70,892
$23,842,000 3.69%
Bristol-Myers Squibb Co.
4.83%
325,852
$20,317,000 3.14%
Cazoo Group Ltd
No change
3,250,000
$19,598,000 3.03%
Cigna Corp.
No change
84,833
$19,480,000 3.01%
Us Foods Hldg Corp
No change
552,625
$19,248,000 2.98%
Caesars Entertainment Inc Ne
35.98%
188,983
$17,676,000 2.74%
Expedia Group Inc
49.63%
97,261
$17,577,000 2.72%
Regal Rexnord Corporation
Opened
102,521
$17,447,000 2.70%
Ginkgo Bioworks Holdings Inc
No change
2,000,000
$16,620,000 2.57%
Pardes Biosciences Inc
Opened
971,114
$15,897,000 2.46%
Cara Therapeutics Inc
No change
1,304,903
$15,894,000 2.46%
Navitas Semiconductor Corp
Opened
900,000
$15,309,000 2.37%
Cedar Fair L.P.
0.57%
301,257
$15,081,000 2.33%
Luminar Technologies Inc
No change
839,792
$14,201,000 2.20%
Flex Ltd
No change
770,930
$14,131,000 2.19%
Theravance Biopharma Inc
33.33%
1,261,674
$13,941,000 2.16%
Meta Platforms Inc
Opened
40,000
$13,454,000 2.08%
Ironsource Ltd
2.81%
1,684,775
$13,040,000 2.02%
SPX FLOW Inc
Closed
170,000
$12,427,000
Tjx Cos Inc New
6.25%
150,000
$11,388,000 1.76%
Nomad Foods Ltd
2.26%
432,603
$10,984,000 1.70%
Grab Holdings Limited
Opened
1,451,173
$10,347,000 1.60%
Blue Owl Capital Inc
11.33%
665,000
$9,915,000 1.53%
Danimer Scientific, Inc.
7.03%
1,145,534
$9,760,000 1.51%
Zendesk Inc
Opened
88,235
$9,202,000 1.42%
Dish Network Corporation
3.81%
272,385
$8,836,000 1.37%
Penn Natl Gaming Inc
40.20%
166,217
$8,618,000 1.33%
Lyft Inc
Opened
177,696
$7,593,000 1.17%
PAE Incorporated
63.98%
751,125
$7,459,000 1.15%
Altimeter Growth Corp.
Closed
525,000
$5,366,000
Martin Marietta Matls Inc
Closed
14,600
$4,989,000
Park Hotels & Resorts Inc
No change
255,808
$4,830,000 0.75%
Wynn Resorts Ltd.
65.36%
55,598
$4,728,000 0.73%
Restaurant Brands International Inc
No change
71,650
$4,348,000 0.67%
Altimeter Growth Corp. 2
9.65%
413,375
$4,076,000 0.63%
Fs Development Corp Ii
Closed
349,166
$3,474,000
Acceleron Pharma Inc
Closed
20,000
$3,442,000
Katapult Holdings Inc
Closed
407,859
$2,215,000
AECOM
72.28%
26,848
$2,077,000 0.32%
Tcv Acquisition Corp
72.70%
187,893
$1,853,000 0.29%
Catalyst Partnrs Acquisitn C
Closed
181,478
$1,769,000
Activision Blizzard Inc
Opened
25,000
$1,663,000 0.26%
Uber Technologies Inc
Closed
35,000
$1,568,000
Rivian Automotive, Inc.
Opened
15,000
$1,555,000 0.24%
Boyd Gaming Corp.
Opened
20,000
$1,311,000 0.20%
Sema4 Holdings Corp
17.67%
292,996
$1,307,000 0.20%
Live Oak Mobility Acquisi Co
No change
101,664
$993,000 0.15%
General Mtrs Co
208.33%
14,800
$868,000 0.13%
Live Oak Acquisition Corp II
Closed
70,395
$703,000
Keros Therapeutics, Inc.
No change
10,105
$591,000 0.09%
No transactions found
Showing first 500 out of 56 holdings