Zazove Associates 13F annual report
Zazove Associates is an investment fund managing more than $56.8 billion ran by Sam Ginocchio. There are currently 29 companies in Mr. Ginocchio’s portfolio. The largest investments include Kayne Anderson Energy Infrst and Granite Ridge Resources Inc, together worth $13.6 billion.
$56.8 billion Assets Under Management (AUM)
As of 7th August 2024, Zazove Associates’s top holding is 680,443 shares of Kayne Anderson Energy Infrst currently worth over $7.03 billion and making up 12.4% of the portfolio value.
In addition, the fund holds 1,036,321 shares of Granite Ridge Resources Inc worth $6.56 billion.
The third-largest holding is CVR Partners LP worth $5.88 billion and the next is Braemar Hotels & Resorts Inc worth $5.36 billion, with 2,101,511 shares owned.
Currently, Zazove Associates's portfolio is worth at least $56.8 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 Zazove Associates
The Zazove Associates office and employees reside in Incline Village, Nevada. According to the last 13-F report filed with the SEC, Sam Ginocchio serves as the Chief Compliance Officer at Zazove Associates.
Recent trades
In the most recent 13F filing, Zazove Associates revealed that it had opened a new position in
Kayne Anderson Energy Infrst and bought 680,443 shares worth $7.03 billion.
The investment fund also strengthened its position in Urban One Inc by buying
90,116 additional shares.
This makes their stake in Urban One Inc total 4,033,444 shares worth $6.32 billion.
Urban One Inc dropped 74.4% in the past year.
On the other hand, there are companies that Zazove Associates is getting rid of from its portfolio.
Zazove Associates closed its position in Nuveen Cr Strategies Income on 14th August 2024.
It sold the previously owned 244,762 shares for $1.36 million.
Sam Ginocchio also disclosed a decreased stake in Simplify Exchange Traded Fun by 0.1%.
This leaves the value of the investment at $567 million and 11,854 shares.
One of the smallest hedge funds
The two most similar investment funds to Zazove Associates are Boxwood Ventures and Strategic Vision Investment Ltd. They manage $56.8 billion and $56.7 billion respectively.
Sam Ginocchio investment strategy
Zazove Associates’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Communication Services — making up 16.4% of
the total portfolio value.
The fund focuses on investments in the United States as
31.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
3% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $976 million.
The complete list of Zazove Associates 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 |
|---|---|---|---|
| Kayne Anderson Energy Infrst |
Opened
680,443
|
$7,028,976,000 | 12.37% |
| Granite Ridge Resources Inc |
Opened
1,036,321
|
$6,559,912,000 | 11.54% |
| CVR Partners LP |
Opened
77,700
|
$5,878,782,000 | 10.34% |
| Braemar Hotels & Resorts Inc |
No change
2,101,511
|
$5,358,853,000 | 9.43% |
| Urban One Inc |
2.29%
4,033,444
|
$6,324,987,000 | 11.13% |
| Vanguard Bd Index Fds |
No change
100,000
|
$4,952,000,000 | 8.71% |
| Clear Channel Outdoor Hldgs |
No change
2,262,294
|
$3,189,835,000 | 5.61% |
| Cumulus Media Inc. |
Opened
1,458,428
|
$2,975,193,000 | 5.23% |
| Gdl Fd |
Opened
378,222
|
$2,965,260,000 | 5.22% |
| Sunopta, Inc. |
No change
472,242
|
$2,550,107,000 | 4.49% |
| Amprius Technologies Inc |
Opened
1,104,409
|
$1,402,599,000 | 2.47% |
| Osisko Development Corp |
No change
625,200
|
$1,162,872,000 | 2.05% |
| Hudson Technologies, Inc. |
Opened
125,000
|
$1,098,750,000 | 1.93% |
| Th International Limited |
No change
1,376,465
|
$1,030,146,000 | 1.81% |
| The Beauty Health Company |
No change
342,404
|
$657,416,000 | 1.16% |
| Hertz Global Holdings Inc. |
Opened
162,417
|
$573,332,000 | 1.01% |
| National Cinemedia Inc |
Opened
130,126
|
$571,253,000 | 1.01% |
| Simplify Exchange Traded Fun |
11.87%
11,854
|
$567,214,000 | 1.00% |
| Butterfly Network Inc |
Opened
555,749
|
$467,274,000 | 0.82% |
| Spdr Ser Tr |
Opened
4,500
|
$413,010,000 | 0.73% |
| Ishares Tr |
Opened
4,100
|
$412,911,000 | 0.73% |
| Container Store Group Inc |
Opened
470,410
|
$254,021,000 | 0.45% |
| Rlj Lodging Tr |
No change
9,266
|
$230,306,000 | 0.41% |
| Energy Transfer L P |
66.67%
5,000
|
$81,100,000 | 0.14% |
| Weatherford Intl Plc |
No change
467
|
$57,184,000 | 0.10% |
| Adam Nat Res Fd Inc |
No change
1,800
|
$42,498,000 | 0.07% |
| El Paso Energy Cap Tr I |
Opened
434
|
$20,485,000 | 0.04% |
| Mirion Technologies Inc |
Opened
461
|
$4,951,000 | 0.01% |
| Polestar Automotive Hldg Uk |
Opened
24,495
|
$3,307,000 | 0.01% |
| Nuveen Cr Strategies Income |
Closed
244,762
|
$1,363,000 | |
| Blackrock Floating Rate Inco |
Closed
21,095
|
$273,000 | |
| Pioneer Floating Rate Fund I |
Closed
6,511
|
$63,000 | |
| Nuveen Floating Rate Income |
Closed
4,387
|
$38,000 | |
| CuriosityStream Inc. |
Closed
6,310
|
$7,000 | |
| Great Ajax Corp |
Closed
27
|
$1,000 | |
| No transactions found | |||
| Showing first 500 out of 35 holdings | |||
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