Cider Mill Investments L.P. is an investment fund managing more than $150 million ran by Kenneth Palumbo. There are currently 22 companies in Mr. Palumbo’s portfolio. The largest investments include Microsoft and Berry Global, together worth $25.9 million.
As of 7th October 2020, Cider Mill Investments L.P.’s top holding is 130,526 shares of Microsoft currently worth over $13.3 million and making up 8.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Cider Mill Investments L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 265,258 shares of Berry Global worth $12.6 million, whose value grew 36.0% in the past six months.
The third-largest holding is Sony worth $11.8 million and the next is UnitedHealth worth $9.57 million, with 38,400 shares owned.
Currently, Cider Mill Investments L.P.'s portfolio is worth at least $150 million. 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 Cider Mill Investments L.P. office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Kenneth Palumbo serves as the Chief Operating Officer at Cider Mill Investments L.P..
In the most recent 13F filing, Cider Mill Investments L.P. revealed that it had opened a new position in Microsoft and bought 130,526 shares worth $13.3 million.
The two most similar investment funds to Cider Mill Investments L.P. are Smith Capital Management Inc ar/adv and Arrow Investment Advisors. They manage $150 million and $150 million respectively.
Cider Mill Investments L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 22.1% of
the total portfolio value.
The fund focuses on investments in the United States as
63.6% 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
55% 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 $209 billion.
These positions were updated on February 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 |
|---|---|---|---|
| Microsoft Corp. |
Opened
130,526
|
$13,258,000 | 8.86% |
| Berry Global Group, Inc. |
Opened
265,258
|
$12,608,000 | 8.42% |
| Sony Corp. |
Opened
244,750
|
$11,817,000 | 7.90% |
| UnitedHealth Group, Inc. |
Opened
38,400
|
$9,566,000 | 6.39% |
| Visa, Inc. |
Opened
71,000
|
$9,368,000 | 6.26% |
| Charter Communications Inc N |
Opened
31,763
|
$9,052,000 | 6.05% |
| Global Pmts Inc |
Opened
80,200
|
$8,271,000 | 5.53% |
| ServiceNow, Inc. |
Opened
45,700
|
$8,137,000 | 5.44% |
| Intercontinental Exchange In |
Opened
99,800
|
$7,518,000 | 5.02% |
| S&P Global, Inc. |
Opened
43,206
|
$7,342,000 | 4.91% |
| FleetCor Technologies, Inc. |
Opened
38,200
|
$7,095,000 | 4.74% |
| Worldpay Inc |
Opened
90,700
|
$6,932,000 | 4.63% |
| Adobe, Inc. |
Opened
26,400
|
$5,973,000 | 3.99% |
| Danaher Corp. |
Opened
55,600
|
$5,733,000 | 3.83% |
| salesforce.com, inc. |
Opened
41,400
|
$5,671,000 | 3.79% |
| Crown Holdings, Inc. |
Opened
134,100
|
$5,575,000 | 3.72% |
| TransUnion |
Opened
92,800
|
$5,271,000 | 3.52% |
| Thermo Fisher Scientific, Inc. |
Opened
23,100
|
$5,170,000 | 3.45% |
| GMS, Inc. |
Opened
204,742
|
$3,042,000 | 2.03% |
| Essent Group Ltd. |
Opened
25,400
|
$868,000 | 0.58% |
| Mgic Invt Corp Wis |
Opened
82,800
|
$866,000 | 0.58% |
| Bbx Cap Corp New |
Opened
93,489
|
$536,000 | 0.36% |
| No transactions found | |||
| Showing first 500 out of 22 holdings | |||