Blue Door Asset Management 13F annual report

Blue Door Asset Management is an investment fund managing more than $147 billion ran by Daria Luddy. There are currently 16 companies in Mrs. Luddy’s portfolio. The largest investments include Perrigo Co Plc and PayPal Inc, together worth $42.4 billion.

$147 billion Assets Under Management (AUM)

As of 7th August 2024, Blue Door Asset Management’s top holding is 877,180 shares of Perrigo Co Plc currently worth over $22.5 billion and making up 15.3% of the portfolio value. In addition, the fund holds 342,935 shares of PayPal Inc worth $19.9 billion, whose value grew 10.6% in the past six months. The third-largest holding is Flex Ltd worth $19.7 billion and the next is Hologic worth $14.5 billion, with 195,533 shares owned.

Currently, Blue Door Asset Management's portfolio is worth at least $147 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 Blue Door Asset Management

The Blue Door Asset Management office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Daria Luddy serves as the Chief Compliance Officer at Blue Door Asset Management.

Recent trades

In the most recent 13F filing, Blue Door Asset Management revealed that it had opened a new position in AGCO and bought 99,800 shares worth $9.77 billion. This means they effectively own approximately 0.1% of the company. AGCO makes up 58.0% of the fund's Industrials sector allocation and has decreased its share price by 30.9% in the past year.

The investment fund also strengthened its position in Perrigo Co Plc by buying 438,180 additional shares. This makes their stake in Perrigo Co Plc total 877,180 shares worth $22.5 billion.

On the other hand, Daria Luddy disclosed a decreased stake in Flex Ltd by 0.1%. This leaves the value of the investment at $19.7 billion and 667,350 shares.

One of the smallest hedge funds

The two most similar investment funds to Blue Door Asset Management are Walnut Level Capital and Ade. They manage $147 billion and $147 billion respectively.

Daria Luddy investment strategy

Blue Door Asset Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Finance — making up 13.5% of the total portfolio value. The fund focuses on investments in the United States as 56.3% 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 31% of the total holdings value. On the other hand, small-cap stocks make up only 6.3% of the portfolio. The average market cap of the portfolio companies is close to $28 billion.

The complete list of Blue Door Asset Management trades based on 13F SEC filings

These positions were updated on August 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
Perrigo Co Plc	99.81% 877,180	$22,525,982,000	15.30%
PayPal Holdings Inc	50.85% 342,935	$19,900,518,000	13.51%
Flex Ltd	12.44% 667,350	$19,680,152,000	13.36%
Hologic, Inc.	5.87% 195,533	$14,518,325,000	9.86%
SmartRent Inc	34.17% 5,936,669	$14,188,639,000	9.63%
Nextracker Inc	2.93% 287,266	$13,467,030,000	9.14%
AGCO Corp.	Opened 99,800	$9,768,424,000	6.63%
Avantor, Inc.	2.88% 439,688	$9,321,386,000	6.33%
Philip Morris International Inc	19.33% 71,800	$7,275,494,000	4.94%
Herc Holdings Inc	55.29% 33,500	$4,465,215,000	3.03%
Skyline Champion Corp	54.44% 49,795	$3,373,611,000	2.29%
Select Sector Spdr Tr	No change 36,300	$3,308,745,000	2.25%
Vertiv Holdings Co	63.82% 30,099	$2,605,670,000	1.77%
Select Sector Spdr Tr	Opened 17,500	$1,192,450,000	0.81%
VanEck ETF Trust	No change 28,500	$967,005,000	0.66%
Invesco Exch Traded Fd Tr Ii	No change 11,000	$714,450,000	0.49%
No transactions found
Showing first 500 out of 16 holdings