Totem Point Management is an investment fund managing more than $68.3 billion ran by Steven Tiger. There are currently 15 companies in Mr. Tiger’s portfolio. The largest investments include Spotify Technology S and S&P Global Inc, together worth $18.6 billion.
As of 7th August 2024, Totem Point Management’s top holding is 29,878 shares of Spotify Technology S currently worth over $9.38 billion and making up 13.7% of the portfolio value.
In addition, the fund holds 20,686 shares of S&P Global Inc worth $9.23 billion, whose value grew 15.0% in the past six months.
The third-largest holding is Taiwan Semiconductor Mfg Ltd worth $8.58 billion and the next is Analog Devices worth $6.47 billion, with 28,331 shares owned.
Currently, Totem Point Management's portfolio is worth at least $68.3 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.
The Totem Point Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Steven Tiger serves as the CFO at Totem Point Management.
In the most recent 13F filing, Totem Point Management revealed that it had opened a new position in
ServiceNow Inc and bought 5,585 shares worth $4.39 billion.
This means they effectively own approximately 0.1% of the company.
ServiceNow Inc makes up
13.5%
of the fund's Technology sector allocation and has grown its share price by 44.6% in the past year.
The investment fund also strengthened its position in Spotify Technology S by buying
8,660 additional shares.
This makes their stake in Spotify Technology S total 29,878 shares worth $9.38 billion.
On the other hand, there are companies that Totem Point Management is getting rid of from its portfolio.
Totem Point Management closed its position in MSCI Inc on 14th August 2024.
It sold the previously owned 17,372 shares for $9.74 billion.
Steven Tiger also disclosed a decreased stake in S&P Global Inc by 0.2%.
This leaves the value of the investment at $9.23 billion and 20,686 shares.
The two most similar investment funds to Totem Point Management are Ergoteles and Entrypoint Capital. They manage $68.2 billion and $68.4 billion respectively.
Totem Point Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 47.5% of
the total portfolio value.
The fund focuses on investments in the United States as
73.3% 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
80% 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 $92.6 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 |
|---|---|---|---|
| MSCI Inc |
Closed
17,372
|
$9,736,137,000 | |
| Spotify Technology S |
40.81%
29,878
|
$9,375,418,000 | 13.72% |
| S&P Global Inc |
22.59%
20,686
|
$9,225,956,000 | 13.50% |
| Taiwan Semiconductor Mfg Ltd |
19.26%
49,360
|
$8,579,262,000 | 12.56% |
| Analog Devices Inc. |
24.96%
28,331
|
$6,466,834,000 | 9.47% |
| NVIDIA Corp |
347.64%
51,326
|
$6,340,814,000 | 9.28% |
| Micron Technology Inc. |
48.82%
41,089
|
$5,404,436,000 | 7.91% |
| Meta Platforms Inc |
Closed
10,630
|
$5,161,715,000 | |
| Moodys Corp |
Closed
12,254
|
$4,816,190,000 | |
| Take-two Interactive Softwar |
56.86%
30,112
|
$4,682,115,000 | 6.85% |
| ServiceNow Inc |
Opened
5,585
|
$4,393,552,000 | 6.43% |
| Sea Ltd |
Opened
56,215
|
$4,014,875,000 | 5.88% |
| Advanced Micro Devices Inc. |
51.25%
18,409
|
$2,986,124,000 | 4.37% |
| Makemytrip Limited Mauritius |
Closed
37,923
|
$2,694,429,000 | |
| Marvell Technology Inc |
31.25%
30,637
|
$2,141,526,000 | 3.13% |
| Crowdstrike Holdings Inc |
Opened
3,750
|
$1,436,963,000 | 2.10% |
| Arista Networks Inc |
62.92%
3,875
|
$1,358,110,000 | 1.99% |
| Qualcomm, Inc. |
Opened
5,496
|
$1,094,693,000 | 1.60% |
| ON Semiconductor Corp. |
Opened
11,906
|
$816,156,000 | 1.19% |
| Zillow Group Inc |
Closed
5,759
|
$275,626,000 | |
| Palo Alto Networks Inc |
Closed
939
|
$266,798,000 | |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||