Seaport Global Advisors 13F annual report
Seaport Global Advisors is an investment fund managing more than $27.9 billion ran by Mihai Prisacariu. There are currently 42 companies in Mr. Prisacariu’s portfolio. The largest investments include NVIDIA Corp and Meta Platforms Inc, together worth $3.45 billion.
$27.9 billion Assets Under Management (AUM)
As of 9th August 2024, Seaport Global Advisors’s top holding is 15,867 shares of NVIDIA Corp currently worth over $1.96 billion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Seaport Global Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 2,952 shares of Meta Platforms Inc worth $1.49 billion, whose value grew 13.5% in the past six months.
The third-largest holding is Alphabet Inc worth $1.18 billion and the next is MercadoLibre Inc worth $933 million, with 568 shares owned.
Currently, Seaport Global Advisors's portfolio is worth at least $27.9 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 Seaport Global Advisors
The Seaport Global Advisors office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Mihai Prisacariu serves as the Chief Compliance Officer at Seaport Global Advisors.
Recent trades
In the most recent 13F filing, Seaport Global Advisors revealed that it had opened a new position in
Vistra Corp and bought 9,495 shares worth $816 million.
This means they effectively own approximately 0.1% of the company.
Vistra Corp makes up
100.0%
of the fund's Utilities sector allocation and has grown its share price by 170.9% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
12,380 additional shares.
This makes their stake in NVIDIA Corp total 15,867 shares worth $1.96 billion.
NVIDIA Corp dropped 71.7% in the past year.
On the other hand, there are companies that Seaport Global Advisors is getting rid of from its portfolio.
Seaport Global Advisors closed its position in Shockwave Med Inc on 16th August 2024.
It sold the previously owned 8,898 shares for $2.9 billion.
Mihai Prisacariu also disclosed a decreased stake in Meta Platforms Inc by 0.1%.
This leaves the value of the investment at $1.49 billion and 2,952 shares.
One of the smallest hedge funds
The two most similar investment funds to Seaport Global Advisors are Hudson Structured Capital Management and Vcu Investment Management Co. They manage $28 billion and $27.7 billion respectively.
Mihai Prisacariu investment strategy
Seaport Global Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 49.6% of
the total portfolio value.
The fund focuses on investments in the United States as
69.0% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $94.9 billion.
The complete list of Seaport Global Advisors trades based on 13F SEC filings
These positions were updated on August 16th 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 |
|---|---|---|---|
| Shockwave Med Inc |
Closed
8,898
|
$2,897,456,000 | |
| NVIDIA Corp |
355.03%
15,867
|
$1,960,209,000 | 7.02% |
| Meta Platforms Inc |
13.13%
2,952
|
$1,488,457,000 | 5.33% |
| Wix.com Ltd |
Closed
10,770
|
$1,480,660,000 | |
| Ulta Beauty Inc |
Closed
2,752
|
$1,438,966,000 | |
| Alphabet Inc |
69.97%
6,500
|
$1,183,975,000 | 4.24% |
| Masimo Corp |
Closed
7,109
|
$1,043,957,000 | |
| MercadoLibre Inc |
23.96%
568
|
$933,451,000 | 3.34% |
| Pegasystems Inc. |
83.91%
15,200
|
$920,056,000 | 3.30% |
| Shopify Inc |
6.60%
13,672
|
$903,036,000 | 3.23% |
| Natera Inc |
Closed
9,746
|
$891,369,000 | |
| Super Micro Computer Inc |
61.20%
1,082
|
$886,537,000 | 3.18% |
| Regeneron Pharmaceuticals, Inc. |
64.19%
839
|
$881,814,000 | 3.16% |
| Block Inc |
Closed
10,243
|
$866,353,000 | |
| Toast, Inc. |
18.91%
32,666
|
$841,803,000 | 3.01% |
| Bentley Sys Inc |
Closed
15,672
|
$818,392,000 | |
| Chipotle Mexican Grill |
4,900.00%
13,050
|
$817,583,000 | 2.93% |
| Vistra Corp |
Opened
9,495
|
$816,380,000 | 2.92% |
| KKR & Co. Inc |
Opened
7,713
|
$811,716,000 | 2.91% |
| Futu Hldgs Ltd |
Closed
14,946
|
$809,326,000 | |
| Oracle Corp. |
26.03%
5,635
|
$795,662,000 | 2.85% |
| Twist Bioscience Corp |
No change
15,949
|
$785,967,000 | 2.81% |
| Synopsys, Inc. |
Opened
1,263
|
$751,561,000 | 2.69% |
| Spotify Technology S.A. |
58.35%
2,349
|
$737,093,000 | 2.64% |
| Salesforce Inc |
No change
2,715
|
$698,027,000 | 2.50% |
| Clean Harbors, Inc. |
Opened
3,044
|
$688,401,000 | 2.47% |
| Monday Com Ltd |
Closed
2,993
|
$676,029,000 | |
| Corpay Inc |
6.93%
2,470
|
$658,033,000 | 2.36% |
| BILL Holdings Inc |
Closed
9,528
|
$654,764,000 | |
| e.l.f. Beauty Inc |
52.22%
2,811
|
$592,334,000 | 2.12% |
| Medpace Holdings Inc |
Opened
1,421
|
$585,239,000 | 2.10% |
| Resmed Inc. |
58.71%
3,005
|
$575,217,000 | 2.06% |
| Madrigal Pharmaceuticals Inc |
Closed
2,136
|
$570,397,000 | |
| Monolithic Pwr Sys Inc |
5.85%
676
|
$555,456,000 | 1.99% |
| Supernus Pharmaceuticals Inc |
Closed
16,069
|
$548,114,000 | |
| Amazon.com Inc. |
76.94%
2,774
|
$536,076,000 | 1.92% |
| Paycom Software Inc |
Closed
2,633
|
$523,993,000 | |
| Valero Energy Corp. |
17.34%
3,232
|
$506,648,000 | 1.81% |
| Penumbra Inc |
Closed
2,225
|
$496,576,000 | |
| Crowdstrike Holdings Inc |
35.03%
1,289
|
$493,932,000 | 1.77% |
| Cimpress plc |
37.99%
5,611
|
$491,580,000 | 1.76% |
| Robinhood Mkts Inc |
45.07%
21,411
|
$486,244,000 | 1.74% |
| Palo Alto Networks Inc |
32.84%
1,413
|
$479,021,000 | 1.72% |
| Sea Ltd |
53.21%
6,413
|
$458,016,000 | 1.64% |
| Full Truck Alliance Co. Ltd. |
Closed
61,284
|
$445,535,000 | |
| Arista Networks Inc |
62.60%
1,267
|
$444,058,000 | 1.59% |
| Microchip Technology, Inc. |
31.66%
4,794
|
$438,651,000 | 1.57% |
| Exact Sciences Corp. |
Closed
6,337
|
$437,633,000 | |
| DraftKings Inc. |
Opened
11,461
|
$437,466,000 | 1.57% |
| Twilio Inc |
46.96%
7,564
|
$429,711,000 | 1.54% |
| Airbnb, Inc. |
Opened
2,793
|
$423,503,000 | 1.52% |
| Newmont Corp |
Opened
9,942
|
$416,272,000 | 1.49% |
| Solaredge Technologies Inc |
Closed
5,781
|
$410,335,000 | |
| Appfolio Inc |
Opened
1,630
|
$398,649,000 | 1.43% |
| Fabrinet |
Opened
1,581
|
$387,013,000 | 1.39% |
| Coinbase Global Inc |
Opened
1,732
|
$384,902,000 | 1.38% |
| MongoDB Inc |
Closed
1,059
|
$379,800,000 | |
| Gambling Com Group Limited |
No change
46,080
|
$378,778,000 | 1.36% |
| Check Point Software Tech Lt |
38.51%
1,950
|
$321,750,000 | 1.15% |
| Mosaic Co New |
Closed
6,691
|
$217,190,000 | |
| Veeva Sys Inc |
73.73%
768
|
$140,552,000 | 0.50% |
| Veralto Corp |
Closed
958
|
$84,936,000 | |
| FirstService Corp |
Closed
383
|
$63,411,000 | |
| First Majestic Silver Corporation |
Closed
4,174
|
$24,499,000 | |
| No transactions found | |||
| Showing first 500 out of 64 holdings | |||
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