Firstmark Capital Of I Gp is an investment fund managing more than $43.1 million ran by Eric Cheung. There are currently 2 companies in Mr. Cheung’s portfolio. The largest investments include DraftKings and Airbnb, together worth $43.1 million.
As of 5th November 2021, Firstmark Capital Of I Gp’s top holding is 697,819 shares of DraftKings currently worth over $33.6 million and making up 78.0% of the portfolio value.
Relative to the number of outstanding shares of DraftKings, Firstmark Capital Of I Gp owns more than approximately 0.1% of the company.
In addition, the fund holds 56,355 shares of Airbnb worth $9.45 million, whose value grew 37.1% in the past six months.
Currently, Firstmark Capital Of I Gp's portfolio is worth at least $43.1 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.
The Firstmark Capital Of I Gp office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eric Cheung serves as the General Counsel at Firstmark Capital Of I Gp.
In the most recent 13F filing, Firstmark Capital Of I Gp revealed that it had increased its stake in
Airbnb and bought 4,485 additional shares worth around $922 thousand.
This means they effectively own approximately 0.1% of the company.
Airbnb makes up
100.0%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that Firstmark Capital Of I Gp is getting rid of from its portfolio.
Firstmark Capital Of I Gp closed its position in Uber Technologies Inc on 12th November 2021.
It sold the previously owned 13,324 shares for $668 thousand.
Eric Cheung also disclosed a decreased stake in DraftKings by 0.5%.
This leaves the value of the investment at $33.6 million and 697,819 shares.
The two most similar investment funds to Firstmark Capital Of I Gp are Caspian Capital L.P. and Clover Partners, L.P.. They manage $43 million and $43.1 million respectively.
Firstmark Capital Of I Gp’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 78.0% of
the total portfolio value.
The fund focuses on investments in the United States as
100.0% 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
100% 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 $71.4 billion.
These positions were updated on November 12th 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 |
|---|---|---|---|
| DraftKings Inc. |
50.00%
697,819
|
$33,607,000 | 78.05% |
| Airbnb, Inc. |
8.65%
56,355
|
$9,454,000 | 21.95% |
| Uber Technologies Inc |
Closed
13,324
|
$668,000 | |
| No transactions found | |||
| Showing first 500 out of 3 holdings | |||