Fifth Lane Capital, L.P. 13F annual report

Fifth Lane Capital, L.P. is an investment fund managing more than $45.3 billion ran by Joseph Sowin. There are currently 50 companies in Mr. Sowin’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Investcorp Europe Acquisitio, together worth $21.3 billion.

Limited to 30 biggest holdings

$45.3 billion Assets Under Management (AUM)

As of 7th August 2024, Fifth Lane Capital, L.P.’s top holding is 25,000 shares of Spdr S&p 500 Etf Tr currently worth over $13.6 billion and making up 30.0% of the portfolio value. In addition, the fund holds 674,222 shares of Investcorp Europe Acquisitio worth $7.65 billion. The third-largest holding is Merck & Co Inc worth $3.71 billion and the next is Spdr Ser Tr worth $2.27 billion, with 36,311 shares owned.

Currently, Fifth Lane Capital, L.P.'s portfolio is worth at least $45.3 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 Fifth Lane Capital, L.P.

The Fifth Lane Capital, L.P. office and employees reside in Austin, Texas. According to the last 13-F report filed with the SEC, Joseph Sowin serves as the Chief Operating Officer at Fifth Lane Capital, L.P..

Recent trades

In the most recent 13F filing, Fifth Lane Capital, L.P. revealed that it had opened a new position in Merck & Co Inc and bought 30,000 shares worth $3.71 billion. This means they effectively own approximately 0.1% of the company. Merck & Co Inc makes up 77.2% of the fund's Health Care sector allocation and has grown its share price by 5.0% in the past year.

The investment fund also strengthened its position in Investcorp Europe Acquisitio by buying 473,036 additional shares. This makes their stake in Investcorp Europe Acquisitio total 674,222 shares worth $7.65 billion.

On the other hand, there are companies that Fifth Lane Capital, L.P. is getting rid of from its portfolio. Fifth Lane Capital, L.P. closed its position in Callon Pete Co Del on 14th August 2024. It sold the previously owned 524,908 shares for $18.8 billion. Joseph Sowin also disclosed a decreased stake in Sbny 5.0 31 Dec 2049 A - Pfd by 0.5%. This leaves the value of the investment at $548 million and 90,585 shares.

One of the smallest hedge funds

The two most similar investment funds to Fifth Lane Capital, L.P. are Quaero Capital S.A. and Lsv Asset Management. They manage $45.2 billion and $45.6 billion respectively.

Joseph Sowin investment strategy

Fifth Lane Capital, L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Health Care — making up 10.6% of the total portfolio value. The fund focuses on investments in the United States as 24.0% 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 14% 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 $27.4 billion.

The complete list of Fifth Lane 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
Callon Pete Co Del	Closed 524,908	$18,770,710,000
Spdr S&p 500 Etf Tr	No change 25,000	$13,605,500,000	30.04%
Investcorp Europe Acquisitio	235.12% 674,222	$7,652,420,000	16.90%
Axonics Inc	Closed 80,000	$5,517,600,000
Merck & Co Inc	Opened 30,000	$3,714,000,000	8.20%
Vizio Hldg Corp	Closed 312,556	$3,419,363,000
Star Bulk Carriers Corp	Closed 77,752	$1,855,940,000
AltC Acquisition Corp.	Closed 150,000	$1,713,000,000
McGrath Rentcorp	Closed 13,179	$1,625,893,000
Brookfield Renewable Corporation	Closed 65,789	$1,616,436,000
Spdr Ser Tr	Opened 36,311	$2,273,518,000	5.02%
Atlantic Un Bankshares Corp	Closed 44,194	$1,560,490,000
Select Sector Spdr Tr	Opened 61,610	$4,517,536,000	9.98%
Capri Holdings Limited	Closed 33,000	$1,494,900,000
Hireright Holdings Corporati	Closed 100,000	$1,427,000,000
Disney Walt Co	No change 10,000	$992,900,000	2.19%
Discover Finl Svcs	Closed 7,500	$983,175,000
Masonite Intl Corp	Closed 7,244	$952,224,000
Solventum Corp	Closed 12,605	$825,880,000
First Tr Exchange Traded Fd	Opened 12,379	$797,641,000	1.76%
United Parks & Resorts Inc.	Opened 13,950	$757,625,000	1.67%
Brookfield Renewable Partner	Opened 30,000	$743,100,000	1.64%
Juniper Networks Inc	Closed 20,000	$741,200,000
Appfolio Inc	Closed 3,000	$740,220,000
Ansys Inc.	Opened 2,125	$683,188,000	1.51%
MGE Energy, Inc.	Opened 9,037	$675,245,000	1.49%
Paramount Global	Closed 40,000	$549,600,000
Sbny 5.0 31 Dec 2049 A - Pfd	52.42% 90,585	$548,039,000	1.21%
Digital Rlty Tr Inc	Opened 3,421	$520,163,000	1.15%
Seritage Growth Pptys	31.73% 106,849	$498,985,000	1.10%
Crowdstrike Holdings Inc	Closed 1,320	$423,179,000
Sunoco Lp/sunoco Fin Corp	Closed 6,952	$419,136,000
United States Stl Corp New	Closed 10,000	$407,800,000
Odyssey Marine Expl Inc	70.63% 80,194	$391,347,000	0.86%
Fox Factory Hldg Corp	Closed 7,316	$380,944,000
KBR Inc	Closed 5,878	$374,193,000
Avangrid Inc	Opened 10,500	$373,065,000	0.82%
Caesars Entertainment Inc Ne	Opened 9,000	$357,660,000	0.79%
Inhibrx, Inc.	Closed 10,200	$356,592,000
Fusion Pharmaceuticals Inc.	Closed 16,000	$341,120,000
Cannae Holdings Inc	Closed 15,000	$333,600,000
Reddit Inc	Opened 5,000	$319,450,000	0.71%
Green Plains Inc	Closed 13,500	$312,120,000
Palantir Technologies Inc.	20.00% 12,000	$303,960,000	0.67%
Albertsons Cos Inc	0.86% 15,000	$296,250,000	0.65%
Genco Shipping & Trading Ltd	Closed 14,199	$288,666,000
Tidal Etf Tr	Closed 9,527	$285,810,000
Armada Acquisition Corp I	Opened 25,000	$284,500,000	0.63%
R1 RCM Inc.	59.09% 22,500	$282,600,000	0.62%
Catalent Inc.	No change 5,000	$281,150,000	0.62%
Raymond James Finl Inc	Closed 2,179	$279,827,000
Provident Finl Svcs Inc	Closed 19,107	$278,389,000
Brown & Brown, Inc.	Closed 3,168	$277,327,000
Genuine Parts Co.	Closed 1,774	$274,846,000
General Electric Co	Closed 1,500	$263,295,000
Colombier Acquisition Corp I	Opened 25,000	$256,875,000	0.57%
Workday Inc	Closed 928	$253,112,000
Nutanix Inc	Opened 4,425	$251,561,000	0.56%
Reinsurance Grp Of America I	Opened 1,191	$244,477,000	0.54%
Apollo Global Mgmt Inc	Closed 2,172	$244,241,000
Calumet Specialty Prods Part	13.64% 15,000	$240,750,000	0.53%
KKR & Co. Inc	Closed 2,324	$233,748,000
Ishares Tr	Opened 2,680	$232,892,000	0.51%
Natera Inc	Opened 2,113	$228,817,000	0.51%
Interactive Brokers Group In	Opened 1,843	$225,952,000	0.50%
Flex Ltd	Opened 7,626	$224,891,000	0.50%
Us Foods Hldg Corp	Opened 4,230	$224,105,000	0.49%
Blue World Acquisition Corp	Closed 20,000	$223,600,000
Mural Oncology Pub Ltd Co	Closed 45,000	$220,050,000
Tenet Healthcare Corp.	Opened 1,616	$214,976,000	0.47%
Roivant Sciences Ltd	Closed 20,000	$210,800,000
Baidu Inc	Closed 2,000	$210,560,000
Amcor Plc	Opened 21,195	$207,287,000	0.46%
Graphic Packaging Hldg Co	Opened 7,808	$204,648,000	0.45%
Sonoco Prods Co	Opened 4,033	$204,554,000	0.45%
Packaging Corp Amer	23.34% 1,120	$204,467,000	0.45%
Avery Dennison Corp.	Opened 930	$203,345,000	0.45%
Ishares Tr	Closed 3,425	$200,671,000
Alumis Inc	Opened 13,000	$172,900,000	0.38%
Petco Health & Wellness Co I	Opened 45,000	$170,100,000	0.38%
Hamilton Insurance Group Ltd	Closed 10,864	$151,336,000
Macatawa Bk Corp	Opened 10,100	$147,460,000	0.33%
Golden Ocean Group Ltd	Closed 10,550	$136,728,000
Drilling Tools Intl Corp	Closed 45,000	$135,000,000
Burford Cap Ltd	33.33% 10,000	$130,500,000	0.29%
Spire Global Inc	Closed 10,500	$126,000,000
Sk Growth Opportunities Corp	79.60% 10,200	$113,424,000	0.25%
Imperial Pete Inc	Opened 27,865	$108,116,000	0.24%
Blend Labs, Inc.	Closed 32,118	$104,384,000
Getty Images Holdings Inc	Closed 24,958	$103,576,000
Enhabit, Inc.	Opened 10,000	$89,200,000	0.20%
Alimera Sciences Inc.	Closed 21,238	$82,828,000
Terran Orbital Corporation	Closed 60,968	$79,868,000
Brdtla 7.625 31 Dec 2049 A - Pfd	1.26% 482,617	$60,327,000	0.13%
Franklin Str Pptys Corp	Closed 24,832	$56,369,000
Talkspace Inc	Closed 15,513	$55,381,000
Reneo Pharmaceuticals Inc	Closed 32,635	$54,174,000
NN Inc	Closed 11,169	$52,941,000
Screaming Eagle Acquisitn Co	Closed 110,740	$52,325,000
Industrial Logistics Pptys T	Closed 11,448	$49,112,000
Wheels Up Experience Inc	Closed 15,552	$44,634,000
Telos Corp Md	Closed 10,467	$43,543,000
Lilium N V	Opened 30,000	$23,841,000	0.05%
Ftc Solar Inc	33.33% 50,000	$17,650,000	0.04%
Top Wealth Group Hldg Ltd	Opened 15,000	$12,915,000	0.03%
Hwh Intl Inc	Closed 10,000	$9,500,000
Aura Fat Projs Acquisition C	Closed 86,692	$1,127,000
Cero Therapeutics Hldgs Inc	Opened 76,593	$0	0.00%
No transactions found
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