Hound Partners is an investment fund managing more than $499 billion ran by Steven Lapkoff. There are currently 16 companies in Mr. Lapkoff’s portfolio. The largest investments include Fortinet Inc and Ishares Bitcoin Tr, together worth $231 billion.
As of 7th August 2024, Hound Partners’s top holding is 2,407,863 shares of Fortinet Inc currently worth over $145 billion and making up 29.1% of the portfolio value.
Relative to the number of outstanding shares of Fortinet Inc, Hound Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 2,523,456 shares of Ishares Bitcoin Tr worth $86.2 billion.
The third-largest holding is Booking Inc worth $67.7 billion and the next is Bio Rad Labs Inc worth $45 billion, with 164,870 shares owned.
Currently, Hound Partners's portfolio is worth at least $499 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.
The Hound Partners office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Steven Lapkoff serves as the CCO at Hound Partners.
In the most recent 13F filing, Hound Partners revealed that it had opened a new position in
Fortinet Inc and bought 2,407,863 shares worth $145 billion.
On the other hand, there are companies that Hound Partners is getting rid of from its portfolio.
Hound Partners closed its position in Vanguard World Fds on 14th August 2024.
It sold the previously owned 283,813 shares for $38.9 billion.
Steven Lapkoff also disclosed a decreased stake in Bio Rad Labs Inc by 0.4%.
This leaves the value of the investment at $45 billion and 164,870 shares.
The two most similar investment funds to Hound Partners are Capital Management Corp va and Fractal Investments. They manage $499 billion and $498 billion respectively.
Hound Partners’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 33.5% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
50% 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 $275 billion.
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 |
|---|---|---|---|
| Fortinet Inc |
Opened
2,407,863
|
$145,121,903,000 | 29.10% |
| Ishares Bitcoin Tr |
Opened
2,523,456
|
$86,150,788,000 | 17.28% |
| Booking Holdings Inc |
Opened
17,084
|
$67,678,266,000 | 13.57% |
| Bio Rad Labs Inc |
36.99%
164,870
|
$45,027,646,000 | 9.03% |
| Vanguard World Fds |
Closed
283,813
|
$38,902,248,000 | |
| Golar Lng |
18.34%
1,154,752
|
$36,201,475,000 | 7.26% |
| Kirby Corp. |
Closed
407,535
|
$31,983,347,000 | |
| Microsoft Corporation |
27.93%
48,756
|
$21,791,494,000 | 4.37% |
| Cal-Maine Foods, Inc. |
Closed
326,007
|
$18,709,542,000 | |
| Fiserv, Inc. |
Opened
101,203
|
$15,083,295,000 | 3.03% |
| HCA Healthcare Inc |
74.20%
43,433
|
$13,954,154,000 | 2.80% |
| Vail Resorts Inc. |
Opened
69,060
|
$12,439,778,000 | 2.49% |
| Mohawk Inds Inc |
2.60%
105,701
|
$12,006,577,000 | 2.41% |
| Visa Inc |
Opened
40,805
|
$10,710,088,000 | 2.15% |
| Danaher Corp. |
1.85%
41,659
|
$10,408,501,000 | 2.09% |
| RH |
Closed
33,559
|
$9,781,777,000 | |
| Amazon.com Inc. |
Opened
47,538
|
$9,186,719,000 | 1.84% |
| Arrowhead Pharmaceuticals In |
Opened
269,929
|
$7,015,455,000 | 1.41% |
| Workday Inc |
41.61%
25,603
|
$5,723,807,000 | 1.15% |
| Ftc Solar Inc |
41.16%
330,418
|
$116,638,000 | 0.02% |
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| Showing first 500 out of 20 holdings | |||