Torno Capital is an investment fund managing more than $947 billion ran by Yarot Lafontaine. There are currently 48 companies in Lafontaine’s portfolio. The largest investments include Amazon.com and Apple Inc, together worth $336 billion.
As of 7th August 2024, Torno Capital’s top holding is 996,640 shares of Amazon.com currently worth over $193 billion and making up 20.3% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Torno Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 680,000 shares of Apple Inc worth $143 billion, whose value grew 20.2% in the past six months.
The third-largest holding is Meta Platforms Inc worth $121 billion and the next is Alphabet Inc worth $98.1 billion, with 535,000 shares owned.
Currently, Torno Capital's portfolio is worth at least $947 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.
The Torno Capital office and employees reside in Cohasset, Massachusetts. According to the last 13-F report filed with the SEC, Yarot Lafontaine serves as the General Counsel at Torno Capital.
In the most recent 13F filing, Torno Capital revealed that it had opened a new position in
Amazon.com and bought 996,640 shares worth $193 billion.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
57.0%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 21.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
15,000 additional shares.
This makes their stake in Microsoft total 200,000 shares worth $89.4 billion.
Microsoft soared 27.8% in the past year.
On the other hand, there are companies that Torno Capital is getting rid of from its portfolio.
Torno Capital closed its position in Booking Inc on 14th August 2024.
It sold the previously owned 22,500 shares for $81.6 billion.
Yarot Lafontaine also disclosed a decreased stake in Alphabet Inc by 0.9%.
This leaves the value of the investment at $20.9 billion and 115,000 shares.
The two most similar investment funds to Torno Capital are Jnba Advisors and Sagefield Capital L.P.. They manage $947 billion and $948 billion respectively.
Torno Capital’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 52.9% of
the total portfolio value.
The fund focuses on investments in the United States as
62.5% 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
44% 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 $291 billion.
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 |
|---|---|---|---|
| Amazon.com Inc. |
Opened
996,640
|
$192,600,680,000 | 20.34% |
| Apple Inc |
Opened
680,000
|
$143,221,600,000 | 15.12% |
| Meta Platforms Inc |
Opened
240,000
|
$121,012,800,000 | 12.78% |
| Alphabet Inc |
Opened
535,000
|
$98,129,700,000 | 10.36% |
| Microsoft Corporation |
8.11%
200,000
|
$89,390,000,000 | 9.44% |
| NVIDIA Corp |
Opened
700,000
|
$86,478,000,000 | 9.13% |
| Booking Holdings Inc |
Closed
22,500
|
$81,627,300,000 | |
| Advanced Micro Devices Inc. |
Opened
250,000
|
$40,552,500,000 | 4.28% |
| Regeneron Pharmaceuticals, Inc. |
65.90%
36,000
|
$37,837,080,000 | 4.00% |
| Intuit Inc |
Opened
49,500
|
$32,531,895,000 | 3.43% |
| Johnson Johnson |
Opened
198,020
|
$28,942,603,000 | 3.06% |
| MercadoLibre Inc |
Closed
18,500
|
$27,971,260,000 | |
| Ulta Beauty Inc |
Closed
45,000
|
$23,529,600,000 | |
| Cadence Design System Inc |
Closed
75,000
|
$23,346,000,000 | |
| Alphabet Inc |
85.45%
115,000
|
$20,947,250,000 | 2.21% |
| Spdr Sp 500 Etf Tr |
Opened
25,000
|
$13,605,500,000 | 1.44% |
| Super Micro Computer Inc |
20.00%
12,000
|
$9,832,200,000 | 1.04% |
| Hershey Company |
Opened
39,000
|
$7,169,370,000 | 0.76% |
| Dollar Tree Inc |
Closed
45,000
|
$5,991,750,000 | |
| Jpmorgan Chase Co |
Closed
25,000
|
$5,007,500,000 | |
| Ge Healthcare Technologies I |
Closed
50,000
|
$4,545,500,000 | |
| Cedar Fair L P |
Opened
81,200
|
$4,413,220,000 | 0.47% |
| Vertex Pharmaceuticals, Inc. |
77.20%
8,720
|
$4,087,238,000 | 0.43% |
| Vanguard Index Fds |
Closed
25,000
|
$2,162,000,000 | |
| LivaNova PLC |
Closed
35,000
|
$1,957,900,000 | |
| Tractor Supply Co. |
Opened
7,000
|
$1,890,000,000 | 0.20% |
| Vistra Corp |
Opened
21,250
|
$1,827,075,000 | 0.19% |
| CRISPR Therapeutics AG |
Closed
20,000
|
$1,363,200,000 | |
| Nextnav Inc |
Opened
167,500
|
$1,358,425,000 | 0.14% |
| Pfizer Inc. |
Closed
45,000
|
$1,248,750,000 | |
| Eog Res Inc |
Opened
9,800
|
$1,233,526,000 | 0.13% |
| Qualcomm, Inc. |
Closed
7,000
|
$1,185,100,000 | |
| Mastec Inc. |
Opened
11,000
|
$1,176,890,000 | 0.12% |
| Indivior Plc |
Opened
70,500
|
$1,136,460,000 | 0.12% |
| Snowflake Inc. |
Opened
8,000
|
$1,080,720,000 | 0.11% |
| Nuvei Corporation Sub Vtg |
Closed
30,000
|
$948,600,000 | |
| Neurocrine Biosciences, Inc. |
Closed
6,000
|
$827,520,000 | |
| Viking Therapeutics Inc |
Closed
10,000
|
$820,000,000 | |
| Berkshire Hathaway Inc. |
97.01%
2,000
|
$813,600,000 | 0.09% |
| Ambarella Inc |
Opened
15,000
|
$809,250,000 | 0.09% |
| Novartis AG |
Opened
7,500
|
$798,450,000 | 0.08% |
| Ascendis Pharma A/S |
Closed
4,500
|
$680,265,000 | |
| Phinia Inc |
Closed
16,000
|
$614,880,000 | |
| Public Storage |
Closed
2,000
|
$580,120,000 | |
| Ferroglobe Plc |
Closed
115,000
|
$572,700,000 | |
| Exelixis Inc |
Opened
25,000
|
$561,750,000 | 0.06% |
| Spirit Aerosystems Holdings Inc |
Closed
15,000
|
$541,050,000 | |
| Axonics Inc |
Closed
7,500
|
$517,275,000 | |
| Guardant Health Inc |
Closed
25,000
|
$515,750,000 | |
| Cummins Inc. |
Closed
1,400
|
$412,510,000 | |
| Calix Inc |
Opened
11,575
|
$410,102,000 | 0.04% |
| United States Stl Corp |
Opened
10,000
|
$378,000,000 | 0.04% |
| Ionis Pharmaceuticals Inc |
Closed
8,000
|
$346,800,000 | |
| Immunocore Hldgs Plc |
Opened
10,010
|
$339,239,000 | 0.04% |
| Mobileye Global Inc Common |
Closed
10,000
|
$321,500,000 | |
| Sprott Fds Tr |
68.31%
6,500
|
$320,060,000 | 0.03% |
| Madrigal Pharmaceuticals Inc |
Opened
1,000
|
$280,160,000 | 0.03% |
| Krystal Biotech Inc |
Closed
1,500
|
$266,895,000 | |
| Danaher Corp. |
Closed
1,000
|
$249,720,000 | |
| Louisiana Pac Corp |
Opened
3,000
|
$246,990,000 | 0.03% |
| Global X Fds |
55.56%
8,000
|
$231,600,000 | 0.02% |
| Brookfield Asset Managmt Ltd |
Opened
6,000
|
$228,300,000 | 0.02% |
| Zillow Group Inc |
Closed
4,500
|
$215,370,000 | |
| Exact Sciences Corp. |
Closed
3,000
|
$207,180,000 | |
| 3M Co. |
Opened
2,000
|
$204,380,000 | 0.02% |
| Blueprint Medicines Corp |
Closed
2,000
|
$189,720,000 | |
| Carmax Inc |
Opened
2,500
|
$183,350,000 | 0.02% |
| Day One Biopharmaceuticals I |
Opened
13,037
|
$179,650,000 | 0.02% |
| Oceaneering International, Inc. |
Closed
7,500
|
$175,500,000 | |
| Zeta Global Holdings Corp. |
Closed
14,632
|
$159,928,000 | |
| Arcturus Therapeutics Hldgs |
Closed
4,700
|
$158,719,000 | |
| Twist Bioscience Corp |
Closed
4,500
|
$154,395,000 | |
| Quanterix Corp |
Closed
6,000
|
$141,360,000 | |
| Endeavor Group Hldgs Inc |
Closed
5,000
|
$128,650,000 | |
| Enhabit, Inc. |
Closed
10,000
|
$116,500,000 | |
| Liquidia Corp |
Opened
9,500
|
$114,000,000 | 0.01% |
| Palo Alto Networks Inc |
Opened
330
|
$111,873,000 | 0.01% |
| Cannae Holdings Inc |
Closed
5,000
|
$111,200,000 | |
| Zim Integrated Shipping Serv |
Closed
10,000
|
$101,200,000 | |
| American Tower Corp. |
Opened
500
|
$97,190,000 | 0.01% |
| Velocity Finl Inc |
Closed
5,000
|
$90,000,000 | |
| Sirius XM Holdings Inc |
Closed
20,000
|
$77,600,000 | |
| Matterport Inc |
Opened
15,000
|
$67,050,000 | 0.01% |
| TPI Composites Inc |
Closed
22,500
|
$65,475,000 | |
| Sentinelone Inc |
33.33%
3,000
|
$63,150,000 | 0.01% |
| Kindly Md Inc |
Opened
20,865
|
$57,379,000 | 0.01% |
| Globalfoundries Inc |
Closed
1,000
|
$52,110,000 | |
| Duke Energy Corp. |
93.33%
500
|
$50,115,000 | 0.01% |
| TREX Co., Inc. |
Closed
500
|
$49,875,000 | |
| Amicus Therapeutics Inc |
Closed
4,000
|
$47,120,000 | |
| Green Dot Corp. |
Opened
4,000
|
$37,800,000 | 0.00% |
| Coherus Biosciences Inc |
Closed
10,000
|
$23,900,000 | |
| Tiptree Inc |
Opened
1,400
|
$23,086,000 | 0.00% |
| Draganfly Inc. |
Closed
100,000
|
$18,990,000 | |
| Medical Pptys Trust Inc |
Opened
4,000
|
$17,240,000 | 0.00% |
| Innoviz Technologies Ltd |
Closed
9,000
|
$12,150,000 | |
| No transactions found | |||
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