Philosophy Capital Management 13F annual report
Philosophy Capital Management is an investment fund managing more than $652 billion ran by Yedi Wong. There are currently 22 companies in Wong’s portfolio. The largest investments include Caesars Entertainment Inc Ne and Golar Lng, together worth $160 billion.
$652 billion Assets Under Management (AUM)
As of 8th August 2024, Philosophy Capital Management’s top holding is 2,023,981 shares of Caesars Entertainment Inc Ne currently worth over $80.4 billion and making up 12.3% of the portfolio value.
In addition, the fund holds 2,535,796 shares of Golar Lng worth $79.5 billion, whose value grew 56.8% in the past six months.
The third-largest holding is Perrigo Co Plc worth $61.7 billion and the next is Talen Energy Corporation worth $46.4 billion, with 417,735 shares owned.
Currently, Philosophy Capital Management's portfolio is worth at least $652 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 Philosophy Capital Management
The Philosophy Capital Management office and employees reside in Alamo, California. According to the last 13-F report filed with the SEC, Yedi Wong serves as the Chief Compliance Officer at Philosophy Capital Management.
Recent trades
In the most recent 13F filing, Philosophy Capital Management revealed that it had opened a new position in
Talen Energy Corporation and bought 417,735 shares worth $46.4 billion.
The investment fund also strengthened its position in Caesars Entertainment Inc Ne by buying
1,197,568 additional shares.
This makes their stake in Caesars Entertainment Inc Ne total 2,023,981 shares worth $80.4 billion.
On the other hand, there are companies that Philosophy Capital Management is getting rid of from its portfolio.
Philosophy Capital Management closed its position in Fidelity Natl Information Sv on 15th August 2024.
It sold the previously owned 202,748 shares for $15 billion.
Yedi Wong also disclosed a decreased stake in Bgc Group Inc by 0.2%.
This leaves the value of the investment at $45.3 billion and 5,454,185 shares.
One of the average hedge funds
The two most similar investment funds to Philosophy Capital Management are Capital Research And Management and Discerene L.P.. They manage $652 billion and $652 billion respectively.
Yedi Wong investment strategy
Philosophy Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Industrials — making up 16.2% of
the total portfolio value.
The fund focuses on investments in the United States as
40.9% 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
approximately 0.1% 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 $3.04 billion.
The complete list of Philosophy Capital Management trades based on 13F SEC filings
These positions were updated on August 15th 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 |
|---|---|---|---|
| Caesars Entertainment Inc Ne |
144.91%
2,023,981
|
$80,433,005,000 | 12.33% |
| Golar Lng |
27.68%
2,535,796
|
$79,497,205,000 | 12.19% |
| Perrigo Co Plc |
75.84%
2,402,384
|
$61,693,221,000 | 9.46% |
| Talen Energy Corporation |
Opened
417,735
|
$46,376,940,000 | 7.11% |
| Bgc Group Inc |
24.07%
5,454,185
|
$45,269,736,000 | 6.94% |
| Energy Transfer L P |
8.17%
2,734,317
|
$44,350,622,000 | 6.80% |
| Ncr Voyix Corporation |
48.94%
2,406,049
|
$29,714,705,000 | 4.56% |
| Alight Inc. |
210.17%
3,828,267
|
$28,252,610,000 | 4.33% |
| Talos Energy Inc |
111.36%
2,224,100
|
$27,022,815,000 | 4.14% |
| KBR Inc |
23.63%
406,344
|
$26,062,904,000 | 4.00% |
| Algonquin Pwr Utils Corp |
9.51%
4,356,567
|
$25,529,483,000 | 3.91% |
| Geo Group, Inc. |
101.63%
1,403,754
|
$20,157,907,000 | 3.09% |
| Pathward Financial Inc |
17.79%
353,662
|
$20,006,659,000 | 3.07% |
| United Parks & Resorts Inc. |
Opened
331,302
|
$17,993,012,000 | 2.76% |
| Gannett Co Inc. |
Opened
3,689,720
|
$17,009,609,000 | 2.61% |
| Bio Rad Labs Inc |
83.72%
56,769
|
$15,504,182,000 | 2.38% |
| Fidelity Natl Information Sv |
Closed
202,748
|
$15,039,847,000 | |
| Jazz Pharmaceuticals plc |
10.84%
134,462
|
$14,351,129,000 | 2.20% |
| MRC Global Inc |
Closed
1,129,867
|
$14,202,428,000 | |
| Delek Us Hldgs Inc New |
Closed
457,496
|
$14,063,427,000 | |
| Roivant Sciences Ltd |
Closed
1,230,000
|
$12,964,200,000 | |
| Gen Digital Inc |
Closed
574,500
|
$12,868,800,000 | |
| Alibaba Group Hldg Ltd |
2.67%
178,709
|
$12,867,048,000 | 1.97% |
| Digitalbridge Group Inc |
22.30%
934,373
|
$12,800,910,000 | 1.96% |
| Zuora Inc |
Opened
997,797
|
$9,908,124,000 | 1.52% |
| Compass, Inc. |
14.70%
2,561,126
|
$9,220,054,000 | 1.41% |
| Ardagh Metal Packaging S A |
Closed
2,649,389
|
$9,087,404,000 | |
| Nextdoor Holdings, Inc. |
Closed
3,679,072
|
$8,277,912,000 | |
| Flutter Entmt Plc |
Opened
44,721
|
$8,155,322,000 | 1.25% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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