Delek 13F annual report

Delek is an investment fund managing more than $2.06 billion ran by Leora Last. There are currently 166 companies in Mrs. Last’s portfolio. The largest investments include The Mosaic Co and Teva Pharmaceutical Inds Ltd, together worth $117 million.

Limited to 30 biggest holdings

$2.06 billion Assets Under Management (AUM)

As of 7th October 2020, Delek’s top holding is 2,440,862 shares of The Mosaic Co currently worth over $59.7 million and making up 2.9% of the portfolio value. Relative to the number of outstanding shares of The Mosaic Co, Delek owns more than approximately 0.1% of the company. In addition, the fund holds 6,367,642 shares of Teva Pharmaceutical Inds Ltd worth $57.4 million. The third-largest holding is Mylan N V worth $51.6 million and the next is SolarEdge Technologies worth $49.5 million, with 811,043 shares owned.

Currently, Delek's portfolio is worth at least $2.06 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 Delek

The Delek office and employees reside in Herzliya, Israel. According to the last 13-F report filed with the SEC, Leora Last serves as the V.P. Legal Counsel and Company Secretary/Chairman at Delek.

Recent trades

In the most recent 13F filing, Delek revealed that it had opened a new position in Philip Morris International and bought 340,000 shares worth $26.4 million. This means they effectively own approximately 0.1% of the company. Philip Morris International makes up 23.0% of the fund's Consumer Staples sector allocation and has grown its share price by 1.5% in the past year.

The investment fund also strengthened its position in The Mosaic Co by buying 505,367 additional shares. This makes their stake in The Mosaic Co total 2,440,862 shares worth $59.7 million. The Mosaic Co dropped 3.9% in the past year.

On the other hand, there are companies that Delek is getting rid of from its portfolio. Delek closed its position in Dowdupont Inc on 8th August 2019. It sold the previously owned 493,410 shares for $26.2 million. Leora Last also disclosed a decreased stake in Mylan N V by approximately 0.1%. This leaves the value of the investment at $51.6 million and 2,775,111 shares.

One of the largest hedge funds

The two most similar investment funds to Delek are Alesco Advisors and Ameritas Investment Partners. They manage $2.06 billion and $2.05 billion respectively.


Leora Last investment strategy

Delek’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 11.8% of the total portfolio value. The fund focuses on investments in the United States as 39.8% 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 26% of the total holdings value. On the other hand, small-cap stocks make up only 3.6% of the portfolio. The average market cap of the portfolio companies is close to $84.9 billion.

The complete list of Delek trades based on 13F SEC filings

These positions were updated on August 8th 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
The Mosaic Co.
26.11%
2,440,862
$59,689,000 2.90%
Teva Pharmaceutical Inds Ltd
23.95%
6,367,642
$57,421,000 2.79%
Mylan N V
0.67%
2,775,111
$51,622,000 2.51%
SolarEdge Technologies, Inc.
13.94%
811,043
$49,492,000 2.40%
Tower Semiconductor Ltd.
10.02%
3,092,677
$47,649,000 2.31%
Alphabet, Inc.
33.78%
44,287
$46,773,000 2.27%
Check Point Software Tech Lt
28.04%
371,279
$41,936,000 2.04%
Ormat Technologies, Inc.
27.53%
601,241
$37,141,000 1.80%
Encana Corp
26.67%
7,123,250
$35,780,000 1.74%
Oracle Corp.
0.54%
584,506
$32,533,000 1.58%
Radware Ltd.
57.00%
1,343,636
$32,463,000 1.58%
BP Plc
No change
792,723
$32,296,000 1.57%
Delek Us Hldgs Inc New
15.98%
788,721
$31,223,000 1.52%
Noble Energy, Inc.
23.45%
1,405,000
$31,024,000 1.51%
Ishares Tr
45.58%
1,324,640
$82,817,000 4.02%
Wells Fargo Co New
92.86%
623,053
$28,804,000 1.40%
Caesarstone Ltd.
No change
1,890,409
$27,759,000 1.35%
Nu Skin Enterprises, Inc.
53.04%
573,900
$27,653,000 1.34%
Kornit Digital Ltd.
11.31%
880,133
$27,224,000 1.32%
Bristol Myers Squibb Co.
133.97%
608,325
$26,953,000 1.31%
Vodafone Group Plc
32.49%
1,631,000
$26,673,000 1.29%
Philip Morris International, Inc.
Opened
340,000
$26,351,000 1.28%
Newmont Goldcorp Corporation
Opened
700,000
$26,309,000 1.28%
Dowdupont Inc
Closed
493,410
$26,174,000
Owens Corning
10.00%
450,000
$25,587,000 1.24%
PBF Energy, Inc.
22.22%
825,000
$25,228,000 1.22%
JPMorgan Chase & Co.
0.07%
227,232
$24,820,000 1.20%
Citigroup, Inc.
17.24%
349,215
$23,893,000 1.16%
Lennar Corp.
4.16%
500,653
$23,703,000 1.15%
Delta Air Lines, Inc.
4.48%
426,756
$23,661,000 1.15%
International Flavors&fragra
65.19%
165,707
$23,607,000 1.15%
BHP Group Ltd.
No change
411,420
$23,357,000 1.13%
American Intl Group Inc
9.83%
447,000
$23,268,000 1.13%
Diamondback Energy, Inc.
5.35%
210,000
$22,357,000 1.09%
XPO Logistics, Inc.
5.32%
395,633
$22,345,000 1.08%
Facebook, Inc.
53.88%
117,992
$22,248,000 1.08%
Capri Holdings Limited
40.87%
654,892
$22,189,000 1.08%
Visa, Inc.
12.63%
129,820
$22,012,000 1.07%
Nova Measuring Instruments L
9.04%
878,118
$21,949,000 1.07%
Honeywell International, Inc.
No change
128,500
$21,919,000 1.06%
Freeport-McMoRan, Inc.
Opened
1,900,000
$21,551,000 1.05%
Alexion Pharmaceuticals, Inc.
17.49%
167,933
$21,490,000 1.04%
Advanced Energy Inds
15.04%
382,553
$21,031,000 1.02%
BlackRock, Inc.
Opened
45,000
$20,632,000 1.00%
American Airls Group Inc
4.89%
643,459
$20,500,000 1.00%
Mastercard, Inc.
14.50%
78,976
$20,411,000 0.99%
Ctrip Com Intl Ltd
Opened
560,190
$20,201,000 0.98%
Carters Inc
No change
210,544
$20,064,000 0.97%
Barrick Gold Corporation
Opened
1,300,000
$20,029,000 0.97%
Perrigo Co. Plc
3.98%
429,120
$19,835,000 0.96%
Spdr S&p 500 Etf Tr
23.73%
68,955
$19,818,000 0.96%
Ituran Location And Control
38.46%
653,437
$19,351,000 0.94%
Southern Copper Corp.
Closed
490,000
$19,347,000
Sysco Corp.
Opened
280,000
$19,346,000 0.94%
Allergan Plc
15.05%
112,159
$18,347,000 0.89%
Constellation Brands, Inc.
24.59%
92,000
$17,702,000 0.86%
Conagra Brands, Inc.
17.63%
667,098
$17,284,000 0.84%
Zimmer Biomet Holdings, Inc.
Closed
135,000
$17,179,000
General Mtrs Co
0.09%
448,613
$16,887,000 0.82%
Gilead Sciences, Inc.
12.46%
250,400
$16,645,000 0.81%
Concho Res Inc
Closed
144,592
$15,965,000
Kohls Corp
53.86%
342,780
$15,924,000 0.77%
Elbit Sys Ltd
6.91%
106,961
$15,572,000 0.76%
Tenaris S A
Closed
550,000
$15,461,000
Gilat Satellite Networks Ltd.
2.96%
1,840,308
$15,211,000 0.74%
Merck & Co., Inc.
16.05%
183,057
$15,103,000 0.73%
Pioneer Nat Res Co
Closed
99,000
$15,025,000
Hasbro, Inc.
12.35%
141,951
$14,656,000 0.71%
UroGen Pharma Ltd.
30.40%
408,303
$14,337,000 0.70%
Sol-Gel Technologies Ltd.
5.21%
1,545,497
$13,750,000 0.67%
Israel Chemicals Ltd
25.79%
2,681,491
$13,673,000 0.66%
Verint Sys Inc
52.00%
253,043
$13,035,000 0.63%
Vanguard Index Fds
No change
48,225
$12,746,000 0.62%
Amicus Therapeutics, Inc.
20.68%
1,021,096
$12,450,000 0.60%
DuPont de Nemours, Inc.
Opened
164,333
$12,053,000 0.59%
Zions Bancorporation N A
Closed
260,000
$11,748,000
Corteva, Inc.
Opened
372,800
$10,770,000 0.52%
UBS Group AG
Closed
880,700
$10,628,000
Citizens Finl Group Inc
Closed
325,000
$10,510,000
Ares Management Corp.
25.94%
399,720
$10,309,000 0.50%
Allot Ltd.
1.76%
1,428,401
$10,062,000 0.49%
Vivint Solar, Inc.
86.93%
1,408,229
$10,043,000 0.49%
Plains Gp Hldgs L P
Closed
402,000
$9,968,000
Nxp Semiconductors N V
Closed
110,000
$9,702,000
Celgene Corp
50.27%
105,953
$9,569,000 0.46%
Herc Holdings, Inc.
15.23%
203,330
$9,104,000 0.44%
Bank Amer Corp
Closed
328,696
$9,061,000
PACCAR, Inc.
Closed
133,098
$9,025,000
Mellanox Technologies Ltd
64.95%
83,384
$9,016,000 0.44%
Ellomay Capital Limited
1.11%
784,890
$8,554,000 0.42%
Nice Ltd
10.41%
62,278
$8,336,000 0.40%
Synaptics, Inc.
No change
290,000
$8,256,000 0.40%
Wix.com Ltd.
2.17%
57,277
$7,952,000 0.39%
Sarepta Therapeutics, Inc.
Opened
50,000
$7,423,000 0.36%
Discover Finl Svcs
Closed
96,000
$6,798,000
Nutrien Ltd.
35.15%
129,007
$6,792,000 0.33%
National CineMedia, Inc.
No change
1,049,680
$6,727,000 0.33%
Novartis A G
Closed
68,740
$6,576,000
Aquantia Corp
36.00%
509,142
$6,481,000 0.31%
Dycom Inds Inc
No change
110,000
$6,327,000 0.31%
Cellcom Israel Ltd.
120.60%
2,161,999
$6,090,000 0.30%
The Hain Celestial Group, Inc.
58.72%
277,021
$5,927,000 0.29%
Kamada Ltd.
Opened
1,005,890
$5,424,000 0.26%
Invesco Exchng Traded Fd Tr
11.39%
89,842
$4,828,000 0.23%
Select Sector Spdr Tr
27.94%
184,018
$9,733,000 0.47%
Pattern Energy Group Inc
Opened
200,000
$4,574,000 0.22%
Magic Software Enterprises L
8.26%
509,832
$4,468,000 0.22%
Rada Electr Inds Ltd
0.67%
1,356,684
$4,361,000 0.21%
Terraform Pwr Inc
Opened
275,000
$3,842,000 0.19%
First Tr Exchange Traded Fd
Opened
66,646
$3,762,000 0.18%
Micron Technology, Inc.
No change
95,000
$3,582,000 0.17%
Cnh Indl N V
Opened
350,200
$3,514,000 0.17%
Vaneck Vectors Etf Tr
Opened
31,279
$3,367,000 0.16%
On Deck Cap Inc
No change
823,946
$3,341,000 0.16%
FedEx Corp.
71.12%
19,769
$3,185,000 0.15%
Brainsway Ltd.
Opened
310,000
$3,176,000 0.15%
I D Systems Inc
Opened
533,019
$3,062,000 0.15%
Pointer Telocation Ltd
2.61%
205,250
$3,058,000 0.15%
Scorpio Tankers, Inc.
No change
99,151
$2,860,000 0.14%
DXC Technology Co.
Opened
52,500
$2,836,000 0.14%
Foot Locker, Inc.
Closed
46,511
$2,805,000
Amdocs Ltd.
8.93%
45,774
$2,789,000 0.14%
AT&T Inc.
1.26%
78,657
$2,575,000 0.13%
Partner Communications Co Lt
No change
583,684
$2,395,000 0.12%
Ishares Tr
Opened
54,504
$3,857,000 0.19%
Novocure Ltd.
6.50%
35,856
$2,215,000 0.11%
Sapiens Intl Corp N V
No change
135,758
$2,204,000 0.11%
LivePerson, Inc.
169.13%
80,796
$2,168,000 0.11%
CyberArk Software Ltd.
4.80%
17,283
$2,159,000 0.10%
Wisdomtree Tr
11.58%
49,266
$2,410,000 0.12%
Citrix Sys Inc
Opened
20,000
$1,918,000 0.09%
RADCOM Ltd.
18.02%
233,863
$1,880,000 0.09%
CVS Health Corp.
2.79%
29,295
$1,560,000 0.08%
Jefferies Finl Group Inc
3.26%
81,360
$1,529,000 0.07%
Centene Corp.
147.67%
29,356
$1,504,000 0.07%
Orbotech Ltd
Closed
22,873
$1,497,000
Humana, Inc.
Opened
5,567
$1,445,000 0.07%
Alibaba Group Hldg Ltd
3.30%
8,598
$1,423,000 0.07%
Camtek Ltd.
14.60%
166,120
$1,371,000 0.07%
Cisco Sys Inc
4.98%
24,416
$1,306,000 0.06%
Disney Walt Co
Opened
9,349
$1,275,000 0.06%
TAT Technologies Ltd.
No change
226,570
$1,264,000 0.06%
Microsoft Corp.
27.13%
9,455
$1,237,000 0.06%
Amazon.com, Inc.
Opened
667
$1,234,000 0.06%
NextEra Energy Partners LP
Opened
25,000
$1,178,000 0.06%
Spdr Series Trust
Opened
11,279
$1,145,000 0.06%
Ishares Inc
52.56%
22,593
$1,123,000 0.05%
Textron, Inc.
Closed
21,671
$1,093,000
Comcast Corp New
40.56%
24,390
$1,007,000 0.05%
Northrop Grumman Corp.
Opened
3,086
$974,000 0.05%
Varonis Sys Inc
1.64%
14,742
$892,000 0.04%
AudioCodes Ltd.
205.75%
57,732
$873,000 0.04%
Stratasys Ltd.
3.14%
27,612
$792,000 0.04%
Ishares Tr
Closed
15,346
$716,000
Sony Corp.
Opened
13,500
$691,000 0.03%
Kvh Inds Inc
Opened
61,100
$649,000 0.03%
ForeScout Technologies, Inc.
7.25%
18,566
$614,000 0.03%
NVIDIA Corp.
Opened
3,800
$610,000 0.03%
Etf Managers Tr
Opened
15,537
$604,000 0.03%
Ishares Inc
Closed
8,460
$513,000
Erytech Pharma
No change
70,000
$489,000 0.02%
Five Below, Inc.
32.17%
3,980
$467,000 0.02%
Spdr Index Shs Fds
33.45%
4,684
$440,000 0.02%
Isramco Inc
No change
3,765
$436,000 0.02%
Select Sector Spdr Tr
Closed
4,593
$419,000
Royal Dutch Shell PLC
No change
6,500
$417,000 0.02%
Nano Dimension Ltd.
No change
841,152
$394,000 0.02%
Amgen, Inc.
71.49%
2,109
$380,000 0.02%
Vanguard Scottsdale Fds
21.88%
4,824
$380,000 0.02%
The Boeing Co.
66.22%
942
$335,000 0.02%
Spdr Series Trust
Closed
16,487
$559,000
Evogene Ltd.
3.07%
211,144
$332,000 0.02%
CEVA, Inc.
10.77%
13,457
$320,000 0.02%
Attunity Ltd
Closed
13,246
$309,000
Kenon Hldgs Ltd
9.97%
14,766
$306,000 0.01%
Orgenesis, Inc.
Opened
64,000
$278,000 0.01%
The Kroger Co.
97.32%
11,000
$233,000 0.01%
DSP Group, Inc.
16.54%
16,203
$227,000 0.01%
Ceragon Networks Ltd.
19.11%
62,180
$178,000 0.01%
Galmed Pharmaceuticals Ltd.
15.53%
24,552
$176,000 0.01%
OPKO Health, Inc.
No change
73,000
$174,000 0.01%
Foamix Pharmaceuticals Ltd
23.16%
62,437
$145,000 0.01%
Gamida Cell Ltd.
No change
29,203
$145,000 0.01%
MediWound Ltd.
Closed
28,407
$141,000
Brainstorm Cell Therapeutics, Inc.
15.19%
35,905
$139,000 0.01%
Intec Pharma Ltd Jerusalem
53.34%
32,293
$137,000 0.01%
BioLineRx Ltd.
73.97%
375,047
$134,000 0.01%
ADMA Biologics, Inc.
46.85%
34,034
$129,000 0.01%
Arotech Corp
12.57%
58,985
$115,000 0.01%
Anchiano Therapeutics Ltd
No change
26,087
$114,000 0.01%
No transactions found
Showing first 500 out of 190 holdings