Prosperity Capital Management Ltd 13F annual report
Prosperity Capital Management Ltd is an investment fund managing more than $83.6 million ran by Benjamin Mcdonald. There are currently 2 companies in Mr. Mcdonald’s portfolio. The largest investments include VEON and Mobile TeleSystems PJSC, together worth $83.6 million.
$83.6 million Assets Under Management (AUM)
As of 7th October 2020, Prosperity Capital Management Ltd’s top holding is 51,770,198 shares of VEON currently worth over $78.2 million and making up 93.5% of the portfolio value.
Relative to the number of outstanding shares of VEON, Prosperity Capital Management Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 716,550 shares of Mobile TeleSystems PJSC worth $5.45 million, whose value grew 0.8% in the past six months.
Currently, Prosperity Capital Management Ltd's portfolio is worth at least $83.6 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 Prosperity Capital Management Ltd
The Prosperity Capital Management Ltd office and employees reside in Camana Bay, Cayman Islands. According to the last 13-F report filed with the SEC, Benjamin Mcdonald serves as the General Counsel at Prosperity Capital Management Ltd.
Recent trades
Benjamin Mcdonald disclosed a decreased stake in VEON by approximately 0.1%.
This leaves the value of the investment at $78.2 million and 51,770,198 shares.
One of the smallest hedge funds
The two most similar investment funds to Prosperity Capital Management Ltd are Wall Street Access Asset Management and Westend Partners L.P.. They manage $83.6 million and $83.6 million respectively.
Benjamin Mcdonald investment strategy
Prosperity Capital Management Ltd’s portfolio is diversified across 1 sector.
Currently, their heaviest sector is Communication Services — making up 100.0% of
the total portfolio value.
The fund focuses on investments in the Netherlands as
50.0% of the portfolio companies
are based in the Netherlands.
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 $4.93 billion.
The complete list of Prosperity Capital Management Ltd trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| VEON Ltd. |
1.18%
51,770,198
|
$78,172,000 | 93.49% |
| Mobile TeleSystems PJSC |
No change
716,550
|
$5,446,000 | 6.51% |
| No transactions found | |||
| Showing first 500 out of 2 holdings | |||
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