Ursa Fund Management 13F annual report
Ursa Fund Management is an investment fund managing more than $28.5 billion ran by Andrew Hahn. There are currently 12 companies in Mr. Hahn’s portfolio. The largest investments include Seritage Growth Pptys and Endeavor Group Hldgs Inc, together worth $13.2 billion.
$28.5 billion Assets Under Management (AUM)
As of 8th May 2024, Ursa Fund Management’s top holding is 827,500 shares of Seritage Growth Pptys currently worth over $7.99 billion and making up 28.0% of the portfolio value.
In addition, the fund holds 202,250 shares of Endeavor Group Hldgs Inc worth $5.2 billion.
The third-largest holding is Star Hldgs worth $4.81 billion and the next is Manchester Utd Plc New worth $3.63 billion, with 260,000 shares owned.
Currently, Ursa Fund Management's portfolio is worth at least $28.5 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 Ursa Fund Management
The Ursa Fund Management office and employees reside in Danville, California. According to the last 13-F report filed with the SEC, Andrew Hahn serves as the Manager at Ursa Fund Management.
Recent trades
In the most recent 13F filing, Ursa Fund Management revealed that it had opened a new position in
Net Lease Office Properties and bought 117,723 shares worth $2.8 billion.
The investment fund also strengthened its position in Seritage Growth Pptys by buying
80,100 additional shares.
This makes their stake in Seritage Growth Pptys total 827,500 shares worth $7.99 billion.
On the other hand, there are companies that Ursa Fund Management is getting rid of from its portfolio.
Ursa Fund Management closed its position in Ishares Tr on 15th May 2024.
It sold the previously owned 129,800 shares for $12.8 billion.
Andrew Hahn also disclosed a decreased stake in Endeavor Group Hldgs Inc by approximately 0.1%.
This leaves the value of the investment at $5.2 billion and 202,250 shares.
One of the smallest hedge funds
The two most similar investment funds to Ursa Fund Management are Appleton Group and Hudson Structured Capital Management. They manage $28.6 billion and $28 billion respectively.
Andrew Hahn investment strategy
Ursa Fund Management’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 3.8% of
the total portfolio value.
The fund focuses on investments in the United States as
16.7% 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
approximately 0.1% 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 $2.71 billion.
The complete list of Ursa Fund Management trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| Ishares Tr |
Closed
129,800
|
$12,834,624,000 | |
| Seritage Growth Pptys |
10.72%
827,500
|
$7,985,375,000 | 27.99% |
| Kraneshares Tr |
Closed
200,000
|
$5,400,000,000 | |
| Endeavor Group Hldgs Inc |
3.60%
202,250
|
$5,203,893,000 | 18.24% |
| Star Hldgs |
28.39%
372,337
|
$4,810,594,000 | 16.86% |
| Manchester Utd Plc New |
35.44%
260,000
|
$3,629,600,000 | 12.72% |
| Net Lease Office Properties |
Opened
117,723
|
$2,801,807,000 | 9.82% |
| Screaming Eagle Acquisitn Co |
No change
122,500
|
$1,310,750,000 | 4.59% |
| Cornerstone Strategic Value |
Closed
182,000
|
$1,308,580,000 | |
| Box Inc |
Closed
49,000
|
$1,254,890,000 | |
| Albertsons Cos Inc |
Closed
53,700
|
$1,235,100,000 | |
| Lions Gate Entmnt Corp |
62.00%
121,500
|
$1,131,165,000 | 3.96% |
| LendingClub Corp |
44.12%
122,500
|
$1,076,775,000 | 3.77% |
| Brookfield Infrastructure Corporation |
Closed
15,500
|
$546,840,000 | |
| 3-d Sys Corp Del |
Opened
60,000
|
$266,400,000 | 0.93% |
| Gamesquare Hldgs Inc |
Closed
115,000
|
$208,150,000 | |
| Bloom Energy Corp |
No change
15,000
|
$168,600,000 | 0.59% |
| Stem Inc |
No change
50,000
|
$109,500,000 | 0.38% |
| Inpixon |
Closed
1,097,944
|
$61,604,000 | |
| Xti Aerospace Inc |
Opened
21,980
|
$37,916,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
Hedge funds similar to Ursa Fund Management
- Aberdeen Asset Management Plc/uk
- Chubb Ltd
- Arboretum Ventures
- Steel Partners Holdings L.P.
- Standard Life Investments Ltd
- Benefit Street Partners
- Appleton Group
- Hudson Structured Capital Management
- Vcu Investment Management Co
- Cibc World Market Inc
- Grantham, Mayo, Van Otterloo & Co
- Cheyne Capital Management (uk) LL.P.
- Ground Swell Capital
- Janney Montgomery Scott