Accipiter Capital Management 13F annual report

Accipiter Capital Management is an investment fund managing more than $30.7 million ran by Gabe Hoffman. There is currently 1 company in Mr. Hoffman’s portfolio. The largest and only investment include Foresight LP worth $30.7 million.

$30.7 million Assets Under Management (AUM)

As of 7th October 2020, Accipiter Capital Management’s top holding is 7,723,898 shares of Foresight LP currently worth over $30.7 million and making up 100.0% of the portfolio value. Relative to the number of outstanding shares of Foresight LP, Accipiter Capital Management owns less than approximately 0.1% of the company.

Currently, Accipiter Capital Management's portfolio is worth at least $30.7 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.

Careers at Accipiter Capital Management

The Accipiter Capital Management office and employees reside in Jersey City, New Jersey. According to the last 13-F report filed with the SEC, Gabe Hoffman serves as the Managing Member at Accipiter Capital Management.

Recent trades

In the most recent 13F filing, Accipiter Capital Management revealed that it had increased its stake in Foresight LP and bought 18,500 additional shares worth around $767 thousand. This means they effectively own approximately 0.1% of the company. Foresight LP makes up 100.0% of the fund's Energy sector allocation and has decreased its share price by 95.5% in the past year.

On the other hand, there are companies that Accipiter Capital Management is getting rid of from its portfolio. Accipiter Capital Management closed its position in Cigna Corporation Com on 14th November 2018. It sold the previously owned 50,000 shares for $8.5 million.

One of the smallest hedge funds

The two most similar investment funds to Accipiter Capital Management are Cno and Columbia Pacific Advisors. They manage $30.8 million and $30.6 million respectively.

Gabe Hoffman investment strategy

Accipiter Capital Management’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Energy — making up 100.0% of the total portfolio value. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 100% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $934 thousand.

The complete list of Accipiter Capital Management trades based on 13F SEC filings

These positions were updated on November 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
Foresight Energy LP	0.24% 7,723,898	$30,741,000	100.00%
Cigna Corporation Com	Closed 50,000	$8,498,000
Cvs Corporation	Closed 100,000	$6,435,000
AT&T Inc.	Closed 200,000	$6,422,000
Walgreens Boots Alliance, Inc.	Closed 100,000	$6,002,000
Teva Pharm Adr	Closed 100,000	$2,432,000
Service Corp Intl	Closed 25,000	$895,000
No transactions found
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