Union Square Park Capital Management 13F annual report
Union Square Park Capital Management is an investment fund managing more than $65.1 billion ran by Eli Malakan. There are currently 21 companies in Mrs. Malakan’s portfolio. The largest investments include Caesars Entertainment Inc Ne and RH, together worth $13.5 billion.
$65.1 billion Assets Under Management (AUM)
As of 7th August 2024, Union Square Park Capital Management’s top holding is 170,000 shares of Caesars Entertainment Inc Ne currently worth over $6.76 billion and making up 10.4% of the portfolio value.
In addition, the fund holds 27,500 shares of RH worth $6.72 billion, whose value fell 5.4% in the past six months.
The third-largest holding is Peloton Interactive Inc worth $5.83 billion and the next is Hilton Grand Vacations Inc worth $5.66 billion, with 140,000 shares owned.
Currently, Union Square Park Capital Management's portfolio is worth at least $65.1 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 Union Square Park Capital Management
The Union Square Park Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eli Malakan serves as the CFO/CCO at Union Square Park Capital Management.
Recent trades
In the most recent 13F filing, Union Square Park Capital Management revealed that it had opened a new position in
Dell Technologies Inc and bought 15,000 shares worth $2.07 billion.
This means they effectively own approximately 0.1% of the company.
Dell Technologies Inc makes up
76.7%
of the fund's Technology sector allocation and has grown its share price by 76.1% in the past year.
The investment fund also strengthened its position in Caesars Entertainment Inc Ne by buying
55,000 additional shares.
This makes their stake in Caesars Entertainment Inc Ne total 170,000 shares worth $6.76 billion.
On the other hand, there are companies that Union Square Park Capital Management is getting rid of from its portfolio.
Union Square Park Capital Management closed its position in DMC Global Inc on 14th August 2024.
It sold the previously owned 40,810 shares for $795 million.
Eli Malakan also disclosed a decreased stake in Rimini Str Inc Del by approximately 0.1%.
This leaves the value of the investment at $3.69 billion and 1,202,548 shares.
One of the smallest hedge funds
The two most similar investment funds to Union Square Park Capital Management are Industry Ventures, L.L.C and Dynamo Administracao De Recursos Ltda. They manage $64.9 billion and $64.9 billion respectively.
Eli Malakan investment strategy
Union Square Park Capital Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 42.3% of
the total portfolio value.
The fund focuses on investments in the United States as
42.9% 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
10% 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 $7.03 billion.
The complete list of Union Square Park Capital Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Caesars Entertainment Inc Ne |
47.83%
170,000
|
$6,755,800,000 | 10.38% |
| RH |
120.00%
27,500
|
$6,722,100,000 | 10.32% |
| Peloton Interactive Inc |
430.77%
1,725,000
|
$5,830,500,000 | 8.96% |
| Hilton Grand Vacations Inc |
12.00%
140,000
|
$5,660,200,000 | 8.69% |
| Expedia Group Inc |
33.33%
40,000
|
$5,039,600,000 | 7.74% |
| Golden Entmt Inc |
5.26%
151,537
|
$4,714,316,000 | 7.24% |
| Establishment Labs Holdings Inc |
58.33%
95,000
|
$4,316,800,000 | 6.63% |
| Rimini Str Inc Del |
3.70%
1,202,548
|
$3,691,822,000 | 5.67% |
| Industrial Logistics Pptys T |
22.27%
929,245
|
$3,419,622,000 | 5.25% |
| RumbleON Inc |
45.78%
802,524
|
$3,290,348,000 | 5.05% |
| Sportsmans Whse Hldgs Inc |
17.07%
1,200,000
|
$2,892,000,000 | 4.44% |
| Diversified Healthcare Tr |
8.72%
869,725
|
$2,652,661,000 | 4.07% |
| Mohawk Inds Inc |
33.33%
20,000
|
$2,271,800,000 | 3.49% |
| Dell Technologies Inc |
Opened
15,000
|
$2,068,650,000 | 3.18% |
| Oportun Finl Corp |
8.43%
694,435
|
$2,013,862,000 | 3.09% |
| Inspired Entmt Inc |
29.03%
108,794
|
$995,465,000 | 1.53% |
| Floor & Decor Holdings Inc |
Opened
10,000
|
$994,100,000 | 1.53% |
| DMC Global Inc |
Closed
40,810
|
$795,387,000 | |
| Compass, Inc. |
No change
175,000
|
$630,000,000 | 0.97% |
| Marcus Corp. |
Opened
45,000
|
$511,650,000 | 0.79% |
| Perella Weinberg Partners |
Closed
35,348
|
$499,467,000 | |
| Red Robin Gourmet Burgers In |
Opened
50,957
|
$385,744,000 | 0.59% |
| Anywhere Real Estate Inc |
No change
75,000
|
$248,250,000 | 0.38% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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