Founders Fund Growth Management 13F annual report

Founders Fund Growth Management is an investment fund managing more than $34.2 million ran by Neil Pai. There are currently 3 companies in Mr. Pai’s portfolio. The largest investments include Affirm and AbCellera Biologics, together worth $33.6 million.

$34.2 million Assets Under Management (AUM)

As of 8th August 2022, Founders Fund Growth Management’s top holding is 1,622,338 shares of Affirm currently worth over $29.3 million and making up 85.6% of the portfolio value. Relative to the number of outstanding shares of Affirm, Founders Fund Growth Management owns more than approximately 0.1% of the company. In addition, the fund holds 407,017 shares of AbCellera Biologics worth $4.33 million, whose value grew 33.7% in the past six months. The third-largest holding is Opendoor Technologies worth $588 thousand.

Currently, Founders Fund Growth Management's portfolio is worth at least $34.2 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 Founders Fund Growth Management

The Founders Fund Growth Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Neil Pai serves as the General Counsel at Founders Fund Growth Management.

Recent trades

There are companies that Founders Fund Growth Management is getting rid of from its portfolio. Founders Fund Growth Management closed its position in Oscar Health on 15th August 2022. It sold the previously owned 851,092 shares for $8.49 million.

One of the smallest hedge funds

The two most similar investment funds to Founders Fund Growth Management are Amitell Capital Pte Ltd and Lyons Wealth Management,. They manage $34.2 million and $34.1 million respectively.

Neil Pai investment strategy

Founders Fund Growth Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 85.6% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 33% 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 $6.03 billion.

The complete list of Founders Fund Growth Management trades based on 13F SEC filings

These positions were updated on August 15th 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
Affirm Holdings, Inc.	No change 1,622,338	$29,299,000	85.62%
Oscar Health, Inc.	Closed 851,092	$8,485,000
AbCellera Biologics Inc.	No change 407,017	$4,334,000	12.66%
Opendoor Technologies Inc.	No change 125,000	$588,000	1.72%
No transactions found
Showing first 500 out of 4 holdings