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.
$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 | |||
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