Ithaka Group 13F annual report

Ithaka Group is an investment fund managing more than $542 billion ran by Robert Katzen. There are currently 36 companies in Mr. Katzen’s portfolio. The largest investments include Amazon.com and NVIDIA Corp, together worth $90.3 billion.

Limited to 30 biggest holdings

$542 billion Assets Under Management (AUM)

As of 2nd August 2024, Ithaka Group’s top holding is 238,416 shares of Amazon.com currently worth over $46.1 billion and making up 8.5% of the portfolio value. Relative to the number of outstanding shares of Amazon.com, Ithaka Group owns more than approximately 0.1% of the company. In addition, the fund holds 357,937 shares of NVIDIA Corp worth $44.2 billion, whose value fell 85.4% in the past six months. The third-largest holding is Microsoft worth $41 billion and the next is ServiceNow Inc worth $37.7 billion, with 47,935 shares owned.

Currently, Ithaka Group's portfolio is worth at least $542 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 Ithaka Group

The Ithaka Group office and employees reside in Arlington, Virginia. According to the last 13-F report filed with the SEC, Robert Katzen serves as the CFO & CCO at Ithaka Group.

Recent trades

In the most recent 13F filing, Ithaka Group revealed that it had opened a new position in E.l.f. Beauty, Inc. and bought 50,441 shares worth $10.6 billion.

The investment fund also strengthened its position in NVIDIA Corp by buying 312,155 additional shares. This makes their stake in NVIDIA Corp total 357,937 shares worth $44.2 billion. NVIDIA Corp dropped 75.3% in the past year.

On the other hand, Robert Katzen disclosed a decreased stake in Amazon.com by approximately 0.1%. This leaves the value of the investment at $46.1 billion and 238,416 shares.

One of the average hedge funds

The two most similar investment funds to Ithaka Group are Insight Advisors, Pa and Versor Investments L.P.. They manage $542 billion and $542 billion respectively.


Robert Katzen investment strategy

Ithaka Group’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 46.7% of the total portfolio value. The fund focuses on investments in the United States as 77.8% 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 81% 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 $243 billion.

The complete list of Ithaka Group trades based on 13F SEC filings

These positions were updated on August 9th 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
Amazon.com Inc.
2.73%
238,416
$46,073,892,000 8.50%
NVIDIA Corp
681.83%
357,937
$44,219,537,000 8.16%
Microsoft Corporation
3.07%
91,843
$41,049,229,000 7.58%
ServiceNow Inc
2.64%
47,935
$37,709,026,000 6.96%
Mastercard Incorporated
4.58%
67,291
$29,686,098,000 5.48%
Apple Inc
3.35%
109,633
$23,090,902,000 4.26%
Chipotle Mexican Grill
4,846.34%
331,850
$20,790,402,000 3.84%
Intuitive Surgical Inc
0.97%
45,681
$20,321,193,000 3.75%
Salesforce Inc
2.85%
76,711
$19,722,398,000 3.64%
Visa Inc
3.94%
74,199
$19,475,012,000 3.59%
Asml Hldg Nv Ny Reg Shs
1.89%
17,836
$18,241,412,000 3.37%
Adobe Inc
3.30%
31,517
$17,508,954,000 3.23%
Meta Platforms Inc
0.52%
31,932
$16,100,753,000 2.97%
Netflix Inc.
0.51%
23,403
$15,794,217,000 2.92%
Advanced Micro Devices Inc.
3.62%
85,247
$13,827,916,000 2.55%
Dexcom Inc
0.74%
118,657
$13,453,331,000 2.48%
MercadoLibre Inc
0.82%
7,402
$12,164,447,000 2.25%
Palo Alto Networks Inc
1.02%
35,020
$11,872,130,000 2.19%
Blackstone Inc
4.43%
93,546
$11,580,995,000 2.14%
Veeva Systems Inc
3.79%
60,298
$11,035,137,000 2.04%
Intuit Inc
0.89%
16,618
$10,921,516,000 2.02%
E.l.f. Beauty, Inc.
Opened
50,441
$10,628,928,000 1.96%
Trade Desk Inc
52.60%
108,052
$10,553,439,000 1.95%
Cadence Design Systems, Inc.
0.69%
31,632
$9,734,748,000 1.80%
Uber Technologies Inc
0.62%
133,448
$9,699,001,000 1.79%
Lululemon Athletica inc.
4.47%
26,191
$7,823,252,000 1.44%
Marvell Technology Grp
5.12%
107,229
$7,495,307,000 1.38%
Crowdstrike Holdings Inc
92.76%
19,559
$7,494,813,000 1.38%
Insulet Corporation
4.22%
30,289
$6,112,320,000 1.13%
Medpace Holdings Inc
0.57%
14,758
$6,078,082,000 1.12%
Align Technology, Inc.
4.45%
20,987
$5,066,891,000 0.94%
Snowflake Inc.
4.14%
20,986
$2,834,999,000 0.52%
Johnson Controls, Inc.
No change
36,498
$2,426,022,000 0.45%
Schwab Value Advantage Money I
63.60%
459,230
$459,230,000 0.08%
Eli Lilly & Co.
No change
500
$452,690,000 0.08%
Procter & Gamble Co.
No change
1,500
$247,380,000 0.05%
No transactions found
Showing first 500 out of 36 holdings