Sarissa Consulting 13F annual report
Sarissa Consulting is an investment fund managing more than $91.8 million ran by Andrew Springer. There are currently 47 companies in Mr. Springer’s portfolio. The largest investments include Alleghany Corp Md and Nielsen Hldgs Plc, together worth $15.9 million.
$91.8 million Assets Under Management (AUM)
As of 7th November 2022, Sarissa Consulting’s top holding is 9,700 shares of Alleghany Corp Md currently worth over $8.14 million and making up 8.9% of the portfolio value.
In addition, the fund holds 280,000 shares of Nielsen Hldgs Plc worth $7.76 million.
The third-largest holding is Citrix Sys Inc worth $6.18 million and the next is Change Healthcare worth $3.81 million, with 138,700 shares owned.
Currently, Sarissa Consulting's portfolio is worth at least $91.8 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 Sarissa Consulting
The Sarissa Consulting office and employees reside in Santa Monica, California. According to the last 13-F report filed with the SEC, Andrew Springer serves as the Consultant at Sarissa Consulting.
Recent trades
In the most recent 13F filing, Sarissa Consulting revealed that it had opened a new position in
Alleghany Corp Md and bought 9,700 shares worth $8.14 million.
The investment fund also strengthened its position in Nielsen Hldgs Plc by buying
253,500 additional shares.
This makes their stake in Nielsen Hldgs Plc total 280,000 shares worth $7.76 million.
On the other hand, there are companies that Sarissa Consulting is getting rid of from its portfolio.
Sarissa Consulting closed its position in American Campus Cmntys Inc on 14th November 2022.
It sold the previously owned 61,000 shares for $3.93 million.
Andrew Springer also disclosed a decreased stake in Bluerock Residential Gwt Rei by approximately 0.1%.
This leaves the value of the investment at $2.22 million and 83,058 shares.
One of the smallest hedge funds
The two most similar investment funds to Sarissa Consulting are Barker Partnership L.P. and Maripau Wealth Management. They manage $91.8 million and $91.8 million respectively.
Andrew Springer investment strategy
Sarissa Consulting’s portfolio is diversified across 10 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
51.1% 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
15% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $10.3 billion.
The complete list of Sarissa Consulting 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 |
|---|---|---|---|
| Alleghany Corp Md |
Opened
9,700
|
$8,142,000 | 8.87% |
| Nielsen Hldgs Plc |
956.60%
280,000
|
$7,762,000 | 8.46% |
| Citrix Sys Inc |
58.63%
59,500
|
$6,182,000 | 6.73% |
| American Campus Cmntys Inc |
Closed
61,000
|
$3,933,000 | |
| Vonage Hldgs Corp |
Closed
207,500
|
$3,909,000 | |
| Change Healthcare Inc. |
90.00%
138,700
|
$3,813,000 | 4.15% |
| Activision Blizzard Inc |
47.29%
48,900
|
$3,635,000 | 3.96% |
| Avalara Inc |
Opened
39,500
|
$3,626,000 | 3.95% |
| Shaw Communications Inc. |
Closed
121,800
|
$3,589,000 | |
| Rogers Corp. |
No change
14,058
|
$3,400,000 | 3.70% |
| Tenneco, Inc. |
204.99%
173,844
|
$3,023,000 | 3.29% |
| Ping Identity Hldg Corp |
Opened
93,427
|
$2,622,000 | 2.86% |
| Sprague Res Lp Com |
247.97%
127,013
|
$2,520,000 | 2.75% |
| Atlas Air Worldwide Hldgs In |
Opened
26,000
|
$2,485,000 | 2.71% |
| TEGNA Inc |
21.78%
118,517
|
$2,451,000 | 2.67% |
| Sailpoint Technlgies Hldgs I |
Closed
39,000
|
$2,445,000 | |
| Atotech Ltd |
Closed
126,250
|
$2,443,000 | |
| Tower Semiconductor Ltd. |
26.47%
52,561
|
$2,310,000 | 2.52% |
| Twitter Inc |
290.91%
51,600
|
$2,262,000 | 2.46% |
| 1Life Healthcare, Inc. |
Opened
131,666
|
$2,258,000 | 2.46% |
| Bluerock Residential Gwt Rei |
1.55%
83,058
|
$2,222,000 | 2.42% |
| Cedar Realty Trust Inc |
Closed
73,028
|
$2,102,000 | |
| Zendesk Inc |
Opened
27,600
|
$2,100,000 | 2.29% |
| Healthcare Tr Amer Inc |
Closed
72,000
|
$2,010,000 | |
| Ironsource Ltd |
Opened
568,560
|
$1,956,000 | 2.13% |
| CDK Global Inc |
Closed
35,222
|
$1,929,000 | |
| Renren Inc |
38.26%
60,761
|
$1,799,000 | 1.96% |
| Global Blood Therapeutics In |
Opened
26,000
|
$1,771,000 | 1.93% |
| Meritor Inc |
Closed
48,650
|
$1,767,000 | |
| South Jersey Inds Inc |
32.11%
51,224
|
$1,712,000 | 1.86% |
| Lucid Group, Inc. |
No change
117,793
|
$1,646,000 | 1.79% |
| LHC Group Inc |
Opened
10,000
|
$1,637,000 | 1.78% |
| Moneygram International Inc. |
0.66%
153,100
|
$1,592,000 | 1.73% |
| Duke Realty Corp |
Opened
32,000
|
$1,542,000 | 1.68% |
| Yamana Gold Inc. |
Opened
325,000
|
$1,472,000 | 1.60% |
| Huntington Bancshares, Inc. |
No change
109,543
|
$1,444,000 | 1.57% |
| Metromile Inc |
Closed
1,565,603
|
$1,436,000 | |
| Silicon Motion Technology Corp |
29.41%
22,000
|
$1,434,000 | 1.56% |
| Blueknight Energy Partners L Pfd |
Closed
155,000
|
$1,318,000 | |
| Pnm Res Inc |
No change
25,500
|
$1,166,000 | 1.27% |
| IAC Inc |
No change
20,384
|
$1,129,000 | 1.23% |
| Irobot Corp |
Opened
19,621
|
$1,105,000 | 1.20% |
| Welbilt Inc |
Closed
45,676
|
$1,088,000 | |
| First Horizon Corporation |
13.25%
47,000
|
$1,076,000 | 1.17% |
| Switch Inc |
45.04%
31,183
|
$1,051,000 | 1.14% |
| Turning Point Therapeutics I |
Closed
12,000
|
$903,000 | |
| Nuveen Inter Duration Mun Te |
Opened
71,054
|
$879,000 | 0.96% |
| Mandiant Inc |
Closed
39,873
|
$870,000 | |
| Vmware Inc. |
Opened
8,000
|
$852,000 | 0.93% |
| Industrias Bachoco Sab |
46.38%
17,836
|
$821,000 | 0.89% |
| Pershing Square Tontine Hldg Com |
Closed
35,000
|
$699,000 | |
| Covetrus, Inc. |
Opened
31,651
|
$661,000 | 0.72% |
| Special Opportunities Fd Inc |
No change
59,534
|
$660,000 | 0.72% |
| Tufin Software Technologis L |
Closed
51,395
|
$646,000 | |
| Transglobe Energy Corp. |
Opened
219,182
|
$587,000 | 0.64% |
| Macquarie Infrastr Hold Llc Common |
Closed
150,000
|
$587,000 | |
| Meridian Bioscience Inc. |
Opened
18,267
|
$576,000 | 0.63% |
| Turquoise Hill Res Ltd |
Opened
18,000
|
$532,000 | 0.58% |
| Cornerstone Bldg Brands Inc |
Closed
21,037
|
$515,000 | |
| Natus Medical Inc |
Closed
15,500
|
$508,000 | |
| Nuveen Emerging Mkts Debt 20 |
Opened
75,890
|
$488,000 | 0.53% |
| GCP Applied Technologies Inc |
Closed
14,695
|
$460,000 | |
| ChemoCentryx Inc |
Opened
8,000
|
$413,000 | 0.45% |
| Cedar Fair L.P. |
Opened
8,700
|
$358,000 | 0.39% |
| Blueknight Energy Partners L Com |
Closed
77,000
|
$348,000 | |
| Black Knight Inc |
Opened
5,000
|
$324,000 | 0.35% |
| Eaton Vance Floating Rate 20 |
Opened
33,822
|
$291,000 | 0.32% |
| Points.com Inc |
Closed
10,000
|
$250,000 | |
| Sportsmans Whse Hldgs Inc |
Closed
25,800
|
$247,000 | |
| Vimeo Inc Common |
Closed
32,500
|
$196,000 | |
| NeoPhotonics Corporation |
Closed
12,000
|
$189,000 | |
| GTY Technology Holdings Inc |
Closed
25,758
|
$161,000 | |
| Cc Neuberger Prin Hldgs Ii Shs |
Closed
16,000
|
$160,000 | |
| Ashford Hospitality Tr Inc |
Closed
13,573
|
$81,000 | |
| Drive Shack Inc |
No change
16,701
|
$10,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
Hedge funds similar to Sarissa Consulting
- Oppenheimer & Close
- Jacob Asset Management Of New York
- Truewealth Partners
- Cook Wealth Management Group
- Unconventional Investor
- Raffles Associates L.P.
- Maripau Wealth Management
- Barker Partnership L.P.
- Udine Wealth Management, Inc
- Avondale Wealth Management
- Empirical Asset Management
- Joseph Capital Management
- Terra Nova Asset Management
- Ulland Investment Advisors