Ativo Capital Management 13F annual report
Ativo Capital Management is an investment fund managing more than $96.6 billion ran by Adan Galvan. There are currently 49 companies in Mr. Galvan’s portfolio. The largest investments include Check Point Software Tech Ltd and Icon Plc, together worth $19.1 billion.
$96.6 billion Assets Under Management (AUM)
As of 29th July 2024, Ativo Capital Management’s top holding is 62,656 shares of Check Point Software Tech Ltd currently worth over $10.3 billion and making up 10.7% of the portfolio value.
In addition, the fund holds 27,890 shares of Icon Plc worth $8.74 billion, whose value grew 19.3% in the past six months.
The third-largest holding is Dr Reddys Laboratories Ltd Adr worth $5.61 billion and the next is Taiwan Semiconductor Mfg Ltd S worth $4.44 billion, with 25,522 shares owned.
Currently, Ativo Capital Management's portfolio is worth at least $96.6 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 Ativo Capital Management
The Ativo Capital Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Adan Galvan serves as the COO at Ativo Capital Management.
Recent trades
In the most recent 13F filing, Ativo Capital Management revealed that it had opened a new position in
Aercap Holdings Nv and bought 40,770 shares worth $3.8 billion.
The investment fund also strengthened its position in Dr Reddys Laboratories Ltd Adr by buying
3 additional shares.
This makes their stake in Dr Reddys Laboratories Ltd Adr total 73,676 shares worth $5.61 billion.
On the other hand, there are companies that Ativo Capital Management is getting rid of from its portfolio.
Ativo Capital Management closed its position in Shin Etsu Chem Co Ltd Adr on 5th August 2024.
It sold the previously owned 77,064 shares for $1.69 billion.
Adan Galvan also disclosed a decreased stake in Check Point Software Tech Ltd by approximately 0.1%.
This leaves the value of the investment at $10.3 billion and 62,656 shares.
One of the smallest hedge funds
The two most similar investment funds to Ativo Capital Management are Lonestar Capital Management and Hfg Advisors. They manage $96.6 billion and $96.6 billion respectively.
Adan Galvan investment strategy
Ativo Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Health Care — making up 9.0% of
the total portfolio value.
The fund focuses on investments in the Ireland as
2.0% of the portfolio companies
are based in the Ireland.
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
8% 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 $14.5 billion.
The complete list of Ativo Capital Management trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Check Point Software Tech Ltd |
1.10%
62,656
|
$10,338,291,000 | 10.70% |
| Icon Plc |
1.41%
27,890
|
$8,742,678,000 | 9.05% |
| Dr Reddys Laboratories Ltd Adr |
0.00%
73,676
|
$5,613,374,000 | 5.81% |
| Taiwan Semiconductor Mfg Ltd S |
0.02%
25,522
|
$4,435,954,000 | 4.59% |
| Netease Inc Sp Adr |
0.00%
41,368
|
$3,953,995,000 | 4.09% |
| Aercap Holdings Nv |
Opened
40,770
|
$3,799,764,000 | 3.93% |
| Credicorp Ltd |
No change
21,840
|
$3,523,447,000 | 3.65% |
| Alibaba Group Holding Ltd Sp A |
No change
33,708
|
$2,426,976,000 | 2.51% |
| Vipshop Holdings Limited Spons |
26.06%
181,838
|
$2,367,525,000 | 2.45% |
| Relx Plc Sp Adr |
7.36%
46,539
|
$2,135,204,000 | 2.21% |
| Unicredit Spa Unsponsord Adr |
0.79%
102,600
|
$1,914,522,000 | 1.98% |
| Novo-nordisk As Adr |
0.78%
13,022
|
$1,858,711,000 | 1.92% |
| 3i Group Plc Unsponsord Adr |
0.89%
91,771
|
$1,805,136,000 | 1.87% |
| Auto Trader Group Plc Unsponso |
37.06%
715,973
|
$1,800,671,000 | 1.86% |
| Shin Etsu Chem Co Ltd Adr |
Closed
77,064
|
$1,685,379,000 | |
| Ms&ad Ins Group Holdings Adr |
17.04%
74,295
|
$1,653,798,000 | 1.71% |
| Banco Bilbao Vizcaya Argentari |
0.75%
163,345
|
$1,638,350,000 | 1.70% |
| Mitsubishi Corp Ads |
0.76%
78,160
|
$1,547,568,000 | 1.60% |
| Advantest Corp Sp Adr |
Closed
33,600
|
$1,497,888,000 | |
| CGI Inc |
1.18%
14,902
|
$1,487,347,000 | 1.54% |
| Ing Groep Nv Sp Adr |
Closed
88,405
|
$1,457,794,000 | |
| Assicurazioni Generali Spa Uns |
0.85%
115,451
|
$1,441,985,000 | 1.49% |
| Petroleo Brasileiro Sa Sp Adr |
0.72%
95,897
|
$1,389,549,000 | 1.44% |
| Stellantis Nv |
0.80%
69,833
|
$1,386,181,000 | 1.43% |
| Toyota Motor Corp Sp Adr 2 |
0.01%
6,714
|
$1,376,235,000 | 1.42% |
| Gildan Activewear Inc |
Opened
36,250
|
$1,374,588,000 | 1.42% |
| Shionogi & Co Ltd Unsponsored |
Closed
104,946
|
$1,337,015,000 | |
| Novartis Ag Sp Adr |
0.71%
12,541
|
$1,335,107,000 | 1.38% |
| Descartes Systems Group Inc |
1.43%
13,770
|
$1,333,485,000 | 1.38% |
| Allianz Se Unsponsrd Ads |
0.82%
47,868
|
$1,326,896,000 | 1.37% |
| Orix Corp Sp Adr |
0.83%
11,890
|
$1,323,311,000 | 1.37% |
| Hsbc Holdings Plc Sp Adr |
0.70%
28,843
|
$1,254,676,000 | 1.30% |
| Nordea Bank Abp Mtn Sp Ads |
0.76%
104,058
|
$1,248,701,000 | 1.29% |
| Bp Plc Sp Adr |
Closed
33,051
|
$1,245,355,000 | |
| Mol Hungarian Oil And Gas Plc |
Opened
305,590
|
$1,243,750,000 | 1.29% |
| Softbank Corp Unsponsred Ads |
0.77%
100,958
|
$1,233,713,000 | 1.28% |
| Royal Bank Of Canada Montreal |
0.86%
11,543
|
$1,227,975,000 | 1.27% |
| Credit Agricole Sa Adr |
0.83%
179,647
|
$1,219,805,000 | 1.26% |
| Mercedes Benz Group Ag Unspons |
7.08%
69,705
|
$1,202,408,000 | 1.24% |
| Cia Energetica De Minas Gerais |
28.76%
677,602
|
$1,192,580,000 | 1.23% |
| Volvo Ab Unsponsord Adr |
0.51%
46,623
|
$1,188,408,000 | 1.23% |
| Eni Spa Sp Adr |
0.95%
38,088
|
$1,172,714,000 | 1.21% |
| Rexel Sa Adr |
Opened
45,000
|
$1,157,400,000 | 1.20% |
| Unilever Plc Sp Adr |
0.86%
21,018
|
$1,155,773,000 | 1.20% |
| Engie Sa Sp Adr |
Opened
78,953
|
$1,125,073,000 | 1.16% |
| Standard Bank Group Ltd Sp Adr |
0.83%
95,700
|
$1,122,561,000 | 1.16% |
| Woori Financial Group Inc Sp A |
0.55%
34,288
|
$1,098,589,000 | 1.14% |
| Heineken Holding Nv Sp Adr |
0.74%
26,700
|
$1,069,602,000 | 1.11% |
| Legal & Gen Group Plc Sp Adr |
0.83%
71,517
|
$1,026,983,000 | 1.06% |
| Gsk Plc Sp Adr |
0.83%
23,764
|
$914,928,000 | 0.95% |
| Vale Sa Adr |
Closed
58,734
|
$715,966,000 | |
| Imperial Oil Ltd. |
0.01%
10,027
|
$684,315,000 | 0.71% |
| Total Sa Sp Ads |
2.04%
9,646
|
$643,223,000 | 0.67% |
| Pt Bank Central Asia Tbk Unspo |
Closed
35,700
|
$567,630,000 | |
| Axa Sa Sp Adr |
0.01%
17,055
|
$559,761,000 | 0.58% |
| Bb Seguridade Participacoes Sa |
1.51%
90,523
|
$540,424,000 | 0.56% |
| No transactions found | |||
| Showing first 500 out of 56 holdings | |||
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