Cat Rock Capital Management L.P. 13F annual report

Cat Rock Capital Management L.P. is an investment fund managing more than $1.04 billion ran by Andrew Flinn. There are currently 9 companies in Mr. Flinn’s portfolio. The largest investments include Docebo and Liberty Broadband Corp, together worth $425 million.

$1.04 billion Assets Under Management (AUM)

As of 7th February 2022, Cat Rock Capital Management L.P.’s top holding is 3,283,419 shares of Docebo currently worth over $220 million and making up 21.3% of the portfolio value. Relative to the number of outstanding shares of Docebo, Cat Rock Capital Management L.P. owns more than 0.1% of the company. In addition, the fund holds 1,266,833 shares of Liberty Broadband Corp worth $204 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Meta Platforms Inc worth $175 million and the next is SEMrush worth $105 million, with 5,050,026 shares owned.

Currently, Cat Rock Capital Management L.P.'s portfolio is worth at least $1.04 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 Cat Rock Capital Management L.P.

The Cat Rock Capital Management L.P. office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Andrew Flinn serves as the CCO, COO and CFO at Cat Rock Capital Management L.P..

Recent trades

In the most recent 13F filing, Cat Rock Capital Management L.P. revealed that it had opened a new position in Acv Auctions Inc and bought 5,200,000 shares worth $98 million.

The investment fund also strengthened its position in Docebo by buying 90,900 additional shares. This makes their stake in Docebo total 3,283,419 shares worth $220 million. Docebo dropped approximately 0.1% in the past year.

On the other hand, there are companies that Cat Rock Capital Management L.P. is getting rid of from its portfolio. Cat Rock Capital Management L.P. closed its position in Paycom Software Inc on 14th February 2022. It sold the previously owned 236,876 shares for $117 million. Andrew Flinn also disclosed a decreased stake in Liberty Broadband Corp by 0.3%. This leaves the value of the investment at $204 million and 1,266,833 shares.

One of the average hedge funds

The two most similar investment funds to Cat Rock Capital Management L.P. are Orgel Wealth Management and Kopernik Global Investors. They manage $1.04 billion and $1.04 billion respectively.

Andrew Flinn investment strategy

Cat Rock Capital Management L.P.’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 58.7% of the total portfolio value. The fund focuses on investments in the United States as 77.8% 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 56% 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 $333 billion.

The complete list of Cat Rock Capital Management L.P. trades based on 13F SEC filings

These positions were updated on February 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
Docebo Inc.	2.85% 3,283,419	$220,453,000	21.29%
Liberty Broadband Corp	29.30% 1,266,833	$204,087,000	19.71%
Meta Platforms Inc	26.27% 519,192	$174,630,000	16.87%
Paycom Software Inc	Closed 236,876	$117,431,000
SEMrush Holdings, Inc.	143.82% 5,050,026	$105,293,000	10.17%
Acv Auctions Inc	Opened 5,200,000	$97,968,000	9.46%
Microsoft Corporation	32.81% 256,000	$86,098,000	8.32%
Transdigm Group Incorporated	16.79% 114,027	$72,553,000	7.01%
eXp World Holdings Inc	Opened 1,572,800	$52,988,000	5.12%
DocuSign Inc	Opened 140,000	$21,323,000	2.06%
No transactions found
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