22nw, L.P. 13F annual report

22nw, L.P. is an investment fund managing more than $154 billion ran by Aron English. There are currently 13 companies in Mr. English’s portfolio. The largest investments include Sterling Infrastructure Inc and Orion S.A, together worth $54.5 billion.

$154 billion Assets Under Management (AUM)

As of 7th August 2023, 22nw, L.P.’s top holding is 601,201 shares of Sterling Infrastructure Inc currently worth over $33.5 billion and making up 21.7% of the portfolio value. Relative to the number of outstanding shares of Sterling Infrastructure Inc, 22nw, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 988,708 shares of Orion S.A worth $21 billion, whose value grew 0.3% in the past six months. The third-largest holding is Foster L B Co worth $18.7 billion and the next is Lifecore Biomedical Inc worth $17 billion, with 1,755,161 shares owned.

Currently, 22nw, L.P.'s portfolio is worth at least $154 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 22nw, L.P.

The 22nw, L.P. office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, Aron English serves as the President at 22nw, L.P..

Recent trades

In the most recent 13F filing, 22nw, L.P. revealed that it had increased its stake in Foster L B Co and bought 289,986 additional shares worth around .

On the other hand, there are companies that 22nw, L.P. is getting rid of from its portfolio. 22nw, L.P. closed its position in Medifast Inc on 14th August 2023. It sold the previously owned 89,596 shares for $9.29 billion. Aron English also disclosed a decreased stake in Orion S.A by approximately 0.1%. This leaves the value of the investment at $21 billion and 988,708 shares.

One of the smallest hedge funds

The two most similar investment funds to 22nw, L.P. are Hartree Partners, L.P. and Summit Place Advisors. They manage $154 billion and $154 billion respectively.

Aron English investment strategy

22nw, L.P.’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Industrials — making up 29.2% of the total portfolio value. The fund focuses on investments in the United States as 46.2% 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 23% 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 $396 million.

The complete list of 22nw, L.P. 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
Sterling Infrastructure Inc	No change 601,201	$33,547,016,000	21.73%
Orion S.A	10.00% 988,708	$20,980,384,000	13.59%
Foster L B Co	28.34% 1,313,121	$18,749,940,000	12.15%
Lifecore Biomedical Inc	No change 1,755,161	$16,972,407,000	10.99%
Barrett Business Svcs Inc	No change 178,173	$15,536,686,000	10.06%
Anebulo Pharmaceuticals Inc	No change 5,066,290	$11,905,782,000	7.71%
Manitowoc Co., Inc.	No change 611,058	$11,506,222,000	7.45%
Medifast Inc	Closed 89,596	$9,288,417,000
Culp Inc.	No change 1,212,380	$6,025,529,000	3.90%
Dirtt Environmental Solution	22.34% 21,356,410	$5,658,266,000	3.67%
Farmer Bros. Co.	No change 1,955,526	$5,416,807,000	3.51%
Phenixfin Corp	No change 117,885	$4,478,003,000	2.90%
Northern Technologies Intl C	Closed 284,066	$3,420,155,000
STRATA Skin Sciences Inc	No change 3,439,261	$3,266,954,000	2.12%
MasterCraft Boat Holdings Inc	Closed 72,243	$2,198,354,000
Lianbio	No change 141,223	$321,988,000	0.21%
No transactions found
Showing first 500 out of 16 holdings