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