Otter Creek Advisors 13F annual report
Otter Creek Advisors is an investment fund managing more than $154 billion ran by Justin Beals. There are currently 39 companies in Mr. Beals’s portfolio. The largest investments include Vertiv Co and Parsons Corp, together worth $18.7 billion.
$154 billion Assets Under Management (AUM)
As of 30th July 2024, Otter Creek Advisors’s top holding is 122,479 shares of Vertiv Co currently worth over $10.6 billion and making up 6.9% of the portfolio value.
Relative to the number of outstanding shares of Vertiv Co, Otter Creek Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 99,198 shares of Parsons Corp worth $8.12 billion, whose value grew 35.4% in the past six months.
The third-largest holding is Alphabet Inc worth $7.95 billion and the next is The Baldwin Insurance Grp In worth $6.62 billion, with 186,615 shares owned.
Currently, Otter Creek Advisors's portfolio is worth at least $154 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 Otter Creek Advisors
The Otter Creek Advisors office and employees reside in Palm Beach Gardens, Florida. According to the last 13-F report filed with the SEC, Justin Beals serves as the Chief Operating Officer at Otter Creek Advisors.
Recent trades
In the most recent 13F filing, Otter Creek Advisors revealed that it had opened a new position in
Coherent Corp and bought 69,592 shares worth $5.04 billion.
This means they effectively own approximately 0.1% of the company.
Coherent Corp makes up
14.0%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vertiv Co by buying
22,698 additional shares.
This makes their stake in Vertiv Co total 122,479 shares worth $10.6 billion.
Vertiv Co dropped approximately 0.1% in the past year.
On the other hand, there are companies that Otter Creek Advisors is getting rid of from its portfolio.
Otter Creek Advisors closed its position in Jacobs Solutions Inc on 6th August 2024.
It sold the previously owned 35,299 shares for $5.43 billion.
Justin Beals also disclosed a decreased stake in Amazon.com by 0.2%.
This leaves the value of the investment at $5.04 billion and 26,062 shares.
One of the smallest hedge funds
The two most similar investment funds to Otter Creek Advisors are Alibaba Ltd and Cobblestone Asset Management. They manage $154 billion and $154 billion respectively.
Justin Beals investment strategy
Otter Creek Advisors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 31.0% of
the total portfolio value.
The fund focuses on investments in the United States as
61.5% 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
49% 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 $192 billion.
The complete list of Otter Creek Advisors trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Vertiv Holdings Co |
22.75%
122,479
|
$10,603,007,000 | 6.88% |
| Parsons Corp |
15.88%
99,198
|
$8,115,389,000 | 5.27% |
| Alphabet Inc |
110.24%
43,672
|
$7,954,855,000 | 5.16% |
| The Baldwin Insurance Grp In |
24.20%
186,615
|
$6,619,232,000 | 4.30% |
| Broadcom Inc |
16.24%
4,080
|
$6,550,562,000 | 4.25% |
| Microsoft Corporation |
97.12%
13,700
|
$6,123,215,000 | 3.97% |
| Jacobs Solutions Inc |
Closed
35,299
|
$5,426,515,000 | |
| Coherent Corp |
Opened
69,592
|
$5,042,637,000 | 3.27% |
| Amazon.com Inc. |
15.66%
26,062
|
$5,036,482,000 | 3.27% |
| Corning, Inc. |
Opened
128,649
|
$4,998,015,000 | 3.24% |
| Meta Platforms Inc |
13.16%
9,900
|
$4,991,778,000 | 3.24% |
| Tjx Cos Inc New |
No change
44,800
|
$4,932,480,000 | 3.20% |
| Visa Inc |
17.91%
18,433
|
$4,838,110,000 | 3.14% |
| Gallagher Arthur J & Co |
No change
18,500
|
$4,797,235,000 | 3.11% |
| GE Aerospace |
18.80%
29,700
|
$4,721,409,000 | 3.06% |
| Quanta Svcs Inc |
79.10%
18,508
|
$4,702,698,000 | 3.05% |
| Fiserv, Inc. |
10.10%
30,827
|
$4,594,456,000 | 2.98% |
| Berkley W R Corp |
50.84%
55,102
|
$4,329,914,000 | 2.81% |
| Eaton Corp Plc |
No change
13,700
|
$4,295,635,000 | 2.79% |
| Target Corp |
Closed
24,000
|
$4,253,040,000 | |
| Hubbell Inc. |
144.75%
11,344
|
$4,146,004,000 | 2.69% |
| Tetra Tech, Inc. |
Opened
20,222
|
$4,134,994,000 | 2.68% |
| Nextracker Inc |
11.92%
88,057
|
$4,128,113,000 | 2.68% |
| Clean Harbors, Inc. |
Opened
15,408
|
$3,484,521,000 | 2.26% |
| Brown & Brown, Inc. |
83.23%
37,649
|
$3,366,198,000 | 2.18% |
| Oracle Corp. |
Closed
26,600
|
$3,341,226,000 | |
| L3Harris Technologies Inc |
Opened
14,388
|
$3,231,257,000 | 2.10% |
| Aspen Technology Inc |
345.86%
15,605
|
$3,099,622,000 | 2.01% |
| NextEra Energy Partners LP |
28.11%
105,923
|
$2,927,711,000 | 1.90% |
| Zebra Technologies Corporati |
Closed
8,617
|
$2,597,509,000 | |
| Avantor, Inc. |
50.94%
121,667
|
$2,579,339,000 | 1.67% |
| PTC Inc |
Opened
13,979
|
$2,539,565,000 | 1.65% |
| Flex Ltd |
Opened
85,321
|
$2,516,116,000 | 1.63% |
| Lpl Finl Hldgs Inc |
Closed
8,741
|
$2,309,543,000 | |
| Home Depot, Inc. |
Closed
6,000
|
$2,301,600,000 | |
| Veralto Corp |
Opened
23,439
|
$2,237,723,000 | 1.45% |
| Super Micro Computer Inc |
Closed
2,156
|
$2,177,624,000 | |
| Canadian Pacific Kansas City |
49.70%
24,800
|
$1,952,504,000 | 1.27% |
| Blue Owl Capital Inc |
Closed
90,658
|
$1,709,811,000 | |
| IQVIA Holdings Inc |
54.31%
8,080
|
$1,708,435,000 | 1.11% |
| Dynatrace Inc |
Opened
36,162
|
$1,617,889,000 | 1.05% |
| Hologic, Inc. |
Closed
20,615
|
$1,607,145,000 | |
| Intercontinental Exchange In |
44.49%
11,436
|
$1,565,474,000 | 1.02% |
| S&P Global Inc |
48.48%
3,400
|
$1,516,400,000 | 0.98% |
| Ge Healthcare Technologies I |
Opened
19,426
|
$1,513,674,000 | 0.98% |
| Thermo Fisher Scientific Inc. |
67.57%
2,400
|
$1,327,200,000 | 0.86% |
| RH |
Closed
2,985
|
$1,039,556,000 | |
| Hilton Worldwide Holdings Inc |
Closed
4,500
|
$959,895,000 | |
| Seacoast Bkg Corp Fla |
Closed
28,996
|
$736,208,000 | |
| Digitalbridge Group Inc |
39.24%
51,903
|
$711,072,000 | 0.46% |
| NextEra Energy Inc |
Closed
11,000
|
$703,010,000 | |
| Itron Inc. |
Closed
7,500
|
$693,900,000 | |
| Prologis Inc |
Closed
5,000
|
$651,100,000 | |
| Hmn Finl Inc |
0.89%
22,485
|
$514,682,000 | 0.33% |
| Clarivate Plc |
Closed
10,690
|
$79,429,000 | |
| No transactions found | |||
| Showing first 500 out of 55 holdings | |||
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