Praesidium Investment Management is an investment fund managing more than $678 billion ran by Kevin Oram. There are currently 12 companies in Mr. Oram’s portfolio. The largest investments include PTC Inc and ServiceNow Inc, together worth $187 billion.
As of 8th May 2024, Praesidium Investment Management’s top holding is 510,566 shares of PTC Inc currently worth over $96.5 billion and making up 14.2% of the portfolio value.
Relative to the number of outstanding shares of PTC Inc, Praesidium Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 118,581 shares of ServiceNow Inc worth $90.4 billion, whose value grew 10.9% in the past six months.
The third-largest holding is Jabil Inc worth $82.1 billion and the next is CyberArk Software Ltd worth $74.1 billion, with 279,071 shares owned.
Currently, Praesidium Investment Management's portfolio is worth at least $678 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 Praesidium Investment Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kevin Oram serves as the Member at Praesidium Investment Management.
In the most recent 13F filing, Praesidium Investment Management revealed that it had opened a new position in
Endava plc and bought 457,518 shares worth $17.4 billion.
This means they effectively own approximately 0.1% of the company.
Endava plc makes up
3.1%
of the fund's Technology sector allocation and has decreased its share price by 39.3% in the past year.
The investment fund also strengthened its position in Zeta Global by buying
5,133,756 additional shares.
This makes their stake in Zeta Global total 5,508,506 shares worth $60.2 billion.
Zeta Global soared 92.4% in the past year.
On the other hand, there are companies that Praesidium Investment Management is getting rid of from its portfolio.
Praesidium Investment Management closed its position in Sprinklr on 15th May 2024.
It sold the previously owned 4,453,692 shares for $61.6 billion.
Kevin Oram also disclosed a decreased stake in PTC Inc by 0.3%.
This leaves the value of the investment at $96.5 billion and 510,566 shares.
The two most similar investment funds to Praesidium Investment Management are Mcgowan Asset Management and Magnolia Group. They manage $678 billion and $678 billion respectively.
Praesidium Investment Management’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 83.4% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% 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
25% 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 $14.7 billion.
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 |
|---|---|---|---|
| PTC Inc |
27.46%
510,566
|
$96,466,340,000 | 14.23% |
| ServiceNow Inc |
35.69%
118,581
|
$90,406,154,000 | 13.34% |
| Jabil Inc |
30.16%
612,838
|
$82,089,650,000 | 12.11% |
| CyberArk Software Ltd |
23.44%
279,071
|
$74,129,630,000 | 10.94% |
| JFrog Ltd |
13.31%
1,582,038
|
$69,957,720,000 | 10.32% |
| Sprinklr, Inc. |
Closed
4,453,692
|
$61,639,097,000 | |
| Zeta Global Holdings Corp. |
1,369.91%
5,508,506
|
$60,207,971,000 | 8.88% |
| Intapp Inc |
16.30%
1,559,436
|
$53,488,655,000 | 7.89% |
| Resideo Technologies Inc |
Closed
3,078,429
|
$48,639,178,000 | |
| Masonite Intl Corp |
Closed
520,640
|
$48,534,061,000 | |
| Morningstar Inc |
30.17%
140,192
|
$43,231,007,000 | 6.38% |
| Tyler Technologies, Inc. |
21.48%
94,783
|
$40,283,723,000 | 5.94% |
| Zuora Inc |
44.66%
3,749,066
|
$34,191,482,000 | 5.04% |
| Endava plc |
Opened
457,518
|
$17,403,985,000 | 2.57% |
| Gxo Logistics Incorporated |
Opened
297,557
|
$15,996,664,000 | 2.36% |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||