Jeereddi Investments, L.P. 13F annual report
Jeereddi Investments, L.P. is an investment fund managing more than $25.4 billion ran by Ken Poudrier. There are currently 36 companies in Mr. Poudrier’s portfolio. The largest investments include Vipshop Holdings Limited and Mastercard, together worth $5.94 billion.
$25.4 billion Assets Under Management (AUM)
As of 7th February 2023, Jeereddi Investments, L.P.’s top holding is 251,100 shares of Vipshop Holdings Limited currently worth over $3.43 billion and making up 13.5% of the portfolio value.
In addition, the fund holds 7,228 shares of Mastercard worth $2.51 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Alphabet Inc worth $3.37 billion and the next is Visa Inc worth $1.63 billion, with 7,843 shares owned.
Currently, Jeereddi Investments, L.P.'s portfolio is worth at least $25.4 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 Jeereddi Investments, L.P.
The Jeereddi Investments, L.P. office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Ken Poudrier serves as the Fund Services at Jeereddi Investments, L.P..
Recent trades
In the most recent 13F filing, Jeereddi Investments, L.P. revealed that it had opened a new position in
Tronox plc and bought 25,597 shares worth $351 million.
This means they effectively own approximately 0.1% of the company.
Tronox plc makes up
78.9%
of the fund's Materials sector allocation and has decreased its share price by 27.8% in the past year.
The investment fund also strengthened its position in DaVita Inc by buying
3,000 additional shares.
This makes their stake in DaVita Inc total 5,557 shares worth $415 million.
DaVita Inc dropped 26.3% in the past year.
On the other hand, there are companies that Jeereddi Investments, L.P. is getting rid of from its portfolio.
Jeereddi Investments, L.P. closed its position in Meta Platforms Inc on 14th February 2023.
It sold the previously owned 1,623 shares for $220 thousand.
Ken Poudrier also disclosed a decreased stake in Vipshop Holdings Limited by 0.2%.
This leaves the value of the investment at $3.43 billion and 251,100 shares.
One of the smaller hedge funds
The two most similar investment funds to Jeereddi Investments, L.P. are Tiaa, Fsb and Saltoro Capital, L.P.. They manage $25.4 billion and $25.4 billion respectively.
Ken Poudrier investment strategy
Jeereddi Investments, L.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Finance — making up 21.2% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 5.6% of the portfolio.
The average market cap of the portfolio companies is close to $208 billion.
The complete list of Jeereddi Investments, 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 |
|---|---|---|---|
| Vipshop Holdings Limited |
16.69%
251,100
|
$3,425,004,000 | 13.48% |
| Mastercard Incorporated |
No change
7,228
|
$2,513,392,000 | 9.89% |
| Alphabet Inc |
No change
38,119
|
$3,370,068,000 | 13.26% |
| Visa Inc |
No change
7,843
|
$1,629,462,000 | 6.41% |
| Microsoft Corporation |
No change
5,079
|
$1,218,046,000 | 4.79% |
| Fleetcor Technologies Inc |
No change
5,954
|
$1,093,631,000 | 4.30% |
| HDFC Bank Ltd. |
No change
14,914
|
$1,020,267,000 | 4.01% |
| HCA Healthcare Inc |
No change
3,328
|
$798,587,000 | 3.14% |
| DHT Holdings Inc |
No change
87,923
|
$780,756,000 | 3.07% |
| Fluor Corp New |
No change
20,656
|
$715,937,000 | 2.82% |
| Mohawk Inds Inc |
No change
6,571
|
$671,688,000 | 2.64% |
| Charter Communications Inc N |
No change
1,909
|
$647,342,000 | 2.55% |
| Taiwan Semiconductor Mfg Ltd |
No change
8,271
|
$616,107,000 | 2.42% |
| Camping World Holdings Inc |
No change
27,559
|
$615,117,000 | 2.42% |
| Unitedhealth Group Inc |
No change
1,079
|
$572,064,000 | 2.25% |
| Alibaba Group Hldg Ltd |
No change
6,063
|
$534,090,000 | 2.10% |
| Green Brick Partners, Inc. |
No change
21,127
|
$511,907,000 | 2.01% |
| Transocean Ltd |
No change
95,558
|
$435,744,000 | 1.71% |
| Micron Technology Inc. |
No change
8,513
|
$425,480,000 | 1.67% |
| DaVita Inc |
117.32%
5,557
|
$414,941,000 | 1.63% |
| Tronox Holdings plc |
Opened
25,597
|
$350,935,000 | 1.38% |
| Toll Brothers Inc. |
No change
6,233
|
$311,151,000 | 1.22% |
| Altria Group Inc. |
No change
6,675
|
$305,114,000 | 1.20% |
| Johnson & Johnson |
No change
1,703
|
$300,835,000 | 1.18% |
| Diageo plc |
No change
1,551
|
$276,373,000 | 1.09% |
| Eagle Bulk Shipping Inc |
No change
5,170
|
$258,190,000 | 1.02% |
| Valaris Limited |
Opened
3,676
|
$248,571,000 | 0.98% |
| Atlas Corp. |
No change
14,616
|
$224,209,000 | 0.88% |
| Genco Shipping & Trading Ltd |
No change
14,390
|
$221,030,000 | 0.87% |
| Euronav NV |
No change
12,771
|
$217,618,000 | 0.86% |
| Crown Castle Inc |
No change
1,489
|
$201,968,000 | 0.79% |
| Big Lots Inc |
Opened
10,000
|
$147,000,000 | 0.58% |
| Energy Transfer L P |
Opened
12,335
|
$146,416,000 | 0.58% |
| Kronos Worldwide, Inc. |
Opened
10,000
|
$94,000,000 | 0.37% |
| Sculptor Cap Mgmt |
No change
10,377
|
$89,865,000 | 0.35% |
| Cinedigm Corp |
No change
34,415
|
$13,343,000 | 0.05% |
| Meta Platforms Inc |
Closed
1,623
|
$220,000 | |
| No transactions found | |||
| Showing first 500 out of 37 holdings | |||
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