Dendur Capital L.P. 13F annual report
Dendur Capital L.P. is an investment fund managing more than $539 billion ran by Michael Jr.. There are currently 12 companies in Mr. Jr.’s portfolio. The largest investments include Humana and Live Nation Entertainment In, together worth $162 billion.
$539 billion Assets Under Management (AUM)
As of 7th August 2024, Dendur Capital L.P.’s top holding is 227,500 shares of Humana currently worth over $85 billion and making up 15.8% of the portfolio value.
Relative to the number of outstanding shares of Humana, Dendur Capital L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 826,000 shares of Live Nation Entertainment In worth $77.4 billion.
The third-largest holding is Us Foods Hldg Corp worth $71.5 billion and the next is Caesars Entertainment Inc Ne worth $58.4 billion, with 1,470,000 shares owned.
Currently, Dendur Capital L.P.'s portfolio is worth at least $539 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 Dendur Capital L.P.
The Dendur Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Jr. serves as the Chief Compliance Officer / CFO / COO at Dendur Capital L.P..
Recent trades
In the most recent 13F filing, Dendur Capital L.P. revealed that it had opened a new position in
Howard Hughes and bought 552,500 shares worth $35.8 billion.
This means they effectively own approximately 0.1% of the company.
Howard Hughes makes up
100.0%
of the fund's Real Estate sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Humana by buying
4,500 additional shares.
This makes their stake in Humana total 227,500 shares worth $85 billion.
Humana dropped 28.2% in the past year.
On the other hand, there are companies that Dendur Capital L.P. is getting rid of from its portfolio.
Dendur Capital L.P. closed its position in Aercap Holdings Nv on 14th August 2024.
It sold the previously owned 930,000 shares for $80.8 billion.
Michael Jr. also disclosed a decreased stake in Builders Firstsource Inc by 0.7%.
This leaves the value of the investment at $34.2 billion and 247,000 shares.
One of the average hedge funds
The two most similar investment funds to Dendur Capital L.P. are Seven Post Investment Office L.P. and Physician Wealth Advisors. They manage $540 billion and $540 billion respectively.
Michael Jr. investment strategy
Dendur Capital L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Health Care — making up 15.8% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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 $23 billion.
The complete list of Dendur Capital L.P. 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 |
|---|---|---|---|
| Humana Inc. |
2.02%
227,500
|
$85,005,375,000 | 15.76% |
| Aercap Holdings Nv |
Closed
930,000
|
$80,826,300,000 | |
| Live Nation Entertainment In |
92.99%
826,000
|
$77,429,240,000 | 14.36% |
| Us Foods Hldg Corp |
13.01%
1,350,000
|
$71,523,000,000 | 13.26% |
| Caesars Entertainment Inc Ne |
No change
1,470,000
|
$58,417,800,000 | 10.83% |
| News Corp |
10.25%
2,111,000
|
$58,200,270,000 | 10.79% |
| Willscot Mobil Mini Hldng Co |
No change
1,118,792
|
$42,111,331,000 | 7.81% |
| Howard Hughes Corporation |
Opened
552,500
|
$35,813,050,000 | 6.64% |
| Builders Firstsource Inc |
68.77%
247,000
|
$34,187,270,000 | 6.34% |
| United Airls Hldgs Inc |
Opened
535,000
|
$26,033,100,000 | 4.83% |
| Global Business Travel Group |
0.48%
3,792,491
|
$25,030,441,000 | 4.64% |
| Madison Square Grdn Sprt Cor |
No change
131,500
|
$24,739,095,000 | 4.59% |
| Wix.com Ltd |
Closed
145,000
|
$19,934,600,000 | |
| Endeavor Group Hldgs Inc |
Closed
700,000
|
$18,011,000,000 | |
| United Homes Group Inc |
No change
139,610
|
$794,381,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||
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