Vertex One Asset Management Inc is an investment fund managing more than $249 million ran by Martin Lang. There are currently 32 companies in Mr. Lang’s portfolio. The largest investments include Allergan Plc and Tiffany & Co, together worth $51 million.
As of 7th October 2020, Vertex One Asset Management Inc’s top holding is 160,450 shares of Allergan Plc currently worth over $30.7 million and making up 12.3% of the portfolio value.
In addition, the fund holds 151,953 shares of Tiffany & Co worth $20.3 million, whose value fell 7.9% in the past six months.
The third-largest holding is Wright Med Group N V worth $17.2 million and the next is Zayo Group Hldgs Inc worth $15.6 million, with 450,666 shares owned.
Currently, Vertex One Asset Management Inc's portfolio is worth at least $249 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.
The Vertex One Asset Management Inc office and employees reside in Vancouver, British Columbia, Canada. According to the last 13-F report filed with the SEC, Martin Lang serves as the Chief Compliance Officer at Vertex One Asset Management Inc.
In the most recent 13F filing, Vertex One Asset Management Inc revealed that it had opened a new position in
Tiffany & Co and bought 151,953 shares worth $20.3 million.
This means they effectively own approximately 0.1% of the company.
Tiffany & Co makes up
56.7%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 31.8% in the past year.
The investment fund also strengthened its position in Allergan Plc by buying
24,700 additional shares.
This makes their stake in Allergan Plc total 160,450 shares worth $30.7 million.
On the other hand, there are companies that Vertex One Asset Management Inc is getting rid of from its portfolio.
Vertex One Asset Management Inc closed its position in Celgene Corp on 21st January 2020.
It sold the previously owned 237,200 shares for $23.6 million.
Martin Lang also disclosed a decreased stake in Zayo Group Hldgs Inc by approximately 0.1%.
This leaves the value of the investment at $15.6 million and 450,666 shares.
The two most similar investment funds to Vertex One Asset Management Inc are Winmill & Co. Inc and Stadium Capital Management. They manage $249 million and $249 million respectively.
Vertex One Asset Management Inc’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 14.4% of
the total portfolio value.
The fund focuses on investments in the United States as
18.8% 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
3% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $3.91 billion.
These positions were updated on January 21st 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 |
|---|---|---|---|
| Allergan Plc |
18.20%
160,450
|
$30,673,000 | 12.30% |
| Celgene Corp |
Closed
237,200
|
$23,554,000 | |
| Tiffany & Co. |
Opened
151,953
|
$20,309,000 | 8.14% |
| Wright Med Group N V |
Opened
563,700
|
$17,182,000 | 6.89% |
| Zayo Group Hldgs Inc |
7.42%
450,666
|
$15,616,000 | 6.26% |
| WABCO Holdings, Inc. |
21.17%
114,276
|
$15,484,000 | 6.21% |
| Suntrust Bks Inc |
Closed
213,106
|
$14,662,000 | |
| Tech Data Corp. |
Opened
100,018
|
$14,363,000 | 5.76% |
| Advanced Disp Svcs Inc Del |
13.20%
432,152
|
$14,205,000 | 5.70% |
| Td Ameritrade Hldg Corp |
Opened
275,000
|
$13,668,000 | 5.48% |
| Tiberius Acquisition Corp |
Opened
1,005,000
|
$10,553,000 | 4.23% |
| Cypress Semiconductor Corp |
346.17%
392,631
|
$9,160,000 | 3.67% |
| Liberty Ppty Tr |
Opened
142,951
|
$8,584,000 | 3.44% |
| Pattern Energy Group Inc |
Opened
286,000
|
$7,652,000 | 3.07% |
| Medidata Solutions Inc |
Closed
80,000
|
$7,320,000 | |
| Boxwood Merger Corp |
No change
717,900
|
$7,294,000 | 2.93% |
| Audentes Therapeutics Inc |
Opened
115,000
|
$6,882,000 | 2.76% |
| Merida Merger Corp. I |
Opened
675,000
|
$6,568,000 | 2.63% |
| Interxion Holding N.v |
Opened
77,708
|
$6,513,000 | 2.61% |
| Genesee & Wyo Inc |
69.45%
56,591
|
$6,338,000 | 2.54% |
| Mosaic Acquisition Corp |
0.17%
590,998
|
$6,078,000 | 2.44% |
| Leo Holdings Corp. |
No change
568,400
|
$5,877,000 | 2.36% |
| Dfb Healthcare Acquistion Co |
Closed
570,000
|
$5,814,000 | |
| Versum Matls Inc |
Closed
105,588
|
$5,589,000 | |
| The Howard Hughes Corp. |
Closed
38,960
|
$5,049,000 | |
| Ra Pharmaceuticals Inc |
Opened
105,964
|
$4,973,000 | 1.99% |
| Social Cap Hedosophia Hldgs |
Closed
439,198
|
$4,699,000 | |
| Fintech Acquisition Corp Iii |
1.55%
380,911
|
$3,859,000 | 1.55% |
| Mellanox Technologies Ltd |
Closed
33,800
|
$3,704,000 | |
| Medicines Co |
Opened
42,400
|
$3,601,000 | 1.44% |
| Pivotal Acquisition Corp |
Closed
336,400
|
$3,425,000 | |
| Enbridge, Inc. |
Closed
93,485
|
$3,281,000 | |
| Caesars Entmt Corp |
70.89%
211,352
|
$2,874,000 | 1.15% |
| Tpg Pace Hldgs Corp |
Closed
247,798
|
$2,547,000 | |
| SS&C Technologies Holdings, Inc. |
Closed
41,350
|
$2,132,000 | |
| Trinity Merger Corp |
Closed
200,000
|
$2,086,000 | |
| Gordon Pointe Acquisition Co |
No change
185,000
|
$1,959,000 | 0.79% |
| KKR & Co., Inc. |
Closed
71,400
|
$1,917,000 | |
| Churchill Cap Corp Ii |
Opened
180,000
|
$1,859,000 | 0.75% |
| Franco-Nevada Corp. |
Closed
19,654
|
$1,791,000 | |
| Zillow Group, Inc. |
Closed
55,500
|
$1,655,000 | |
| Aircastle Ltd |
Opened
50,792
|
$1,626,000 | 0.65% |
| SC Health Corp. |
Closed
153,100
|
$1,585,000 | |
| Northstar Realty Europe Corp |
Closed
90,764
|
$1,545,000 | |
| TripAdvisor, Inc. |
Closed
39,563
|
$1,530,000 | |
| Oaktree Acquisition Corp. |
No change
150,000
|
$1,530,000 | 0.61% |
| Taseko Mines Ltd. |
Closed
3,585,914
|
$1,516,000 | |
| Lilis Energy, Inc. |
Closed
4,470,627
|
$1,489,000 | |
| Terraform Pwr Inc |
Closed
75,000
|
$1,367,000 | |
| Carbonite Inc |
Closed
86,885
|
$1,346,000 | |
| JD.com, Inc. |
Closed
46,200
|
$1,303,000 | |
| Liberty Latin America Ltd. |
Closed
81,800
|
$1,206,000 | |
| Baidu, Inc. |
Closed
11,200
|
$1,151,000 | |
| Milacron Hldgs Corp |
Closed
68,386
|
$1,140,000 | |
| Big Rock Partners Acquisi Co |
No change
100,000
|
$1,060,000 | 0.43% |
| The Middleby Corp. |
Closed
9,000
|
$1,052,000 | |
| Gores Holdings Iii Inc |
Opened
100,000
|
$1,034,000 | 0.41% |
| Spartan Energy Acquisiton Co |
Opened
100,000
|
$1,017,000 | 0.41% |
| Sierra Wireless, Inc. |
Closed
86,400
|
$923,000 | |
| BCE, Inc. |
Closed
18,200
|
$880,000 | |
| SandRidge Energy, Inc. |
Closed
183,738
|
$864,000 | |
| Kennedy-Wilson Holdings, Inc. |
Closed
35,100
|
$769,000 | |
| BlackBerry Ltd. |
Closed
145,708
|
$763,000 | |
| Leaf Group Ltd. |
Closed
173,730
|
$730,000 | |
| Haymaker Acquisition Corp Ii |
Opened
72,500
|
$729,000 | 0.29% |
| Maxar Technologies, Inc. |
Closed
60,000
|
$456,000 | |
| Colony Cap Inc New |
Closed
75,000
|
$451,000 | |
| Hanesbrands, Inc. |
Closed
25,500
|
$391,000 | |
| eGain Corp. |
Closed
30,073
|
$241,000 | |
| Netfin Acquisition Corp. |
91.94%
22,000
|
$224,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 70 holdings | |||