Kehrs Ridge Capital 13F annual report

Kehrs Ridge Capital is an investment fund managing more than $260 million ran by Brian Scudieri. There are currently 31 companies in Mr. Scudieri’s portfolio. The largest investments include Walmart Inc and Monster Beverage, together worth $42.1 million.

Limited to 30 biggest holdings

$260 million Assets Under Management (AUM)

As of 7th November 2022, Kehrs Ridge Capital’s top holding is 170,000 shares of Walmart Inc currently worth over $22 million and making up 8.5% of the portfolio value. Relative to the number of outstanding shares of Walmart Inc, Kehrs Ridge Capital owns more than approximately 0.1% of the company. In addition, the fund holds 230,000 shares of Monster Beverage worth $20 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Altria worth $16.8 million and the next is Kraft Heinz Co worth $15 million, with 450,000 shares owned.

Currently, Kehrs Ridge Capital's portfolio is worth at least $260 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.

Careers at Kehrs Ridge Capital

The Kehrs Ridge Capital office and employees reside in Holmdel, New Jersey. According to the last 13-F report filed with the SEC, Brian Scudieri serves as the Chief Compliance Officer at Kehrs Ridge Capital.

Recent trades

In the most recent 13F filing, Kehrs Ridge Capital revealed that it had opened a new position in Altria and bought 415,000 shares worth $16.8 million. This means they effectively own approximately 0.1% of the company. Altria makes up 15.4% of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Walmart Inc by buying 70,000 additional shares. This makes their stake in Walmart Inc total 170,000 shares worth $22 million. Walmart Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Kehrs Ridge Capital is getting rid of from its portfolio. Kehrs Ridge Capital closed its position in Kimberly-Clark on 14th November 2022. It sold the previously owned 90,000 shares for $12.2 million. Brian Scudieri also disclosed a decreased stake in Post Inc by approximately 0.1%. This leaves the value of the investment at $14 million and 171,500 shares.

One of the smallest hedge funds

The two most similar investment funds to Kehrs Ridge Capital are Mwg Management and Cavalier Investments. They manage $260 million and $260 million respectively.

Brian Scudieri investment strategy

Kehrs Ridge Capital’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Staples — making up 41.9% of the total portfolio value. The fund focuses on investments in the United States as 64.5% 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 42% 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 $71.6 billion.

The complete list of Kehrs Ridge Capital trades based on 13F SEC filings

These positions were updated on November 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
Walmart Inc	70.00% 170,000	$22,049,000	8.50%
Monster Beverage Corp.	53.33% 230,000	$20,001,000	7.71%
Altria Group Inc.	Opened 415,000	$16,758,000	6.46%
Kraft Heinz Co	5.88% 450,000	$15,008,000	5.78%
Post Holdings Inc	2.00% 171,500	$14,048,000	5.41%
Bunge Limited	126.67% 170,000	$14,037,000	5.41%
Smucker J M Co	Opened 100,000	$13,741,000	5.29%
Procter And Gamble Co	Opened 105,000	$13,256,000	5.11%
Tjx Cos Inc New	Opened 200,000	$12,424,000	4.79%
Kimberly-Clark Corp.	Closed 90,000	$12,164,000
Coca-Cola Co	Closed 175,000	$11,009,000
Academy Sports & Outdoors In	56.25% 250,000	$10,545,000	4.06%
Las Vegas Sands Corp	150.00% 250,000	$9,380,000	3.61%
Tapestry Inc	Opened 325,000	$9,240,000	3.56%
Hilton Worldwide Holdings Inc	50.00% 75,000	$9,047,000	3.49%
Pepsico Inc	50.00% 55,000	$8,979,000	3.46%
Dicks Sporting Goods, Inc.	60.00% 80,000	$8,371,000	3.23%
Churchill Downs, Inc.	33.33% 40,000	$7,366,000	2.84%
Marriott Intl Inc New	Opened 50,000	$7,007,000	2.70%
Mondelez International Inc.	Opened 125,000	$6,854,000	2.64%
Capri Holdings Limited	66.67% 150,000	$5,766,000	2.22%
Colgate-Palmolive Co.	67.39% 75,000	$5,269,000	2.03%
Bath & Body Works Inc	Opened 150,000	$4,890,000	1.88%
Ingredion Inc	Closed 50,000	$4,408,000
Autozone Inc.	Closed 2,000	$4,298,000
Performance Food Group Company	50.00% 100,000	$4,295,000	1.66%
Coca-cola Europacific Partne	67.50% 85,000	$3,623,000	1.40%
Hormel Foods Corp.	Closed 75,000	$3,552,000
Waldencast Acquisition Corp	Closed 350,000	$3,448,000
Burlington Stores Inc	Closed 25,000	$3,406,000
Dominos Pizza Inc	Opened 10,000	$3,102,000	1.20%
Home Depot, Inc.	100.00% 10,000	$2,759,000	1.06%
Bloomin Brands Inc	Opened 150,000	$2,750,000	1.06%
Simply Good Foods Co	60.98% 80,000	$2,559,000	0.99%
Church & Dwight Co., Inc.	Opened 25,000	$1,786,000	0.69%
Nike, Inc.	Opened 20,000	$1,662,000	0.64%
Caesars Entertainment Inc Ne	25.00% 50,000	$1,613,000	0.62%
Uber Technologies Inc	Opened 50,000	$1,325,000	0.51%
No transactions found
Showing first 500 out of 38 holdings