Prana Capital Management, L.P. 13F annual report
Prana Capital Management, L.P. is an investment fund managing more than $2.23 trillion ran by Paul Rotondi. There are currently 86 companies in Mr. Rotondi’s portfolio. The largest investments include Citigroup Inc and Everest Group Ltd, together worth $239 billion.
$2.23 trillion Assets Under Management (AUM)
As of 8th May 2024, Prana Capital Management, L.P.’s top holding is 2,054,851 shares of Citigroup Inc currently worth over $130 billion and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of Citigroup Inc, Prana Capital Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 274,256 shares of Everest Group Ltd worth $109 billion.
The third-largest holding is Truist Finl Corp worth $108 billion and the next is Willis Towers Watson Plc Ltd worth $107 billion, with 389,340 shares owned.
Currently, Prana Capital Management, L.P.'s portfolio is worth at least $2.23 trillion. 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 Prana Capital Management, L.P.
The Prana Capital Management, L.P. office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Paul Rotondi serves as the CCO at Prana Capital Management, L.P..
Recent trades
In the most recent 13F filing, Prana Capital Management, L.P. revealed that it had opened a new position in
Goldman Sachs and bought 151,942 shares worth $63.5 billion.
This means they effectively own approximately 0.1% of the company.
Goldman Sachs makes up
6.9%
of the fund's Finance sector allocation and has grown its share price by 42.4% in the past year.
The investment fund also strengthened its position in Citigroup Inc by buying
1,661,957 additional shares.
This makes their stake in Citigroup Inc total 2,054,851 shares worth $130 billion.
Citigroup Inc soared 38.1% in the past year.
On the other hand, there are companies that Prana Capital Management, L.P. is getting rid of from its portfolio.
Prana Capital Management, L.P. closed its position in Visa Inc on 15th May 2024.
It sold the previously owned 163,612 shares for $34 billion.
Paul Rotondi also disclosed a decreased stake in American Intl Group Inc by 0.3%.
This leaves the value of the investment at $67.3 billion and 861,145 shares.
One of the largest hedge funds
The two most similar investment funds to Prana Capital Management, L.P. are Systematic Alpha Investments and Quintet Private Bank (europe) S.A.. They manage $2.23 trillion and $2.23 trillion respectively.
Paul Rotondi investment strategy
Prana Capital Management, L.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 41.5% of
the total portfolio value.
The fund focuses on investments in the United States as
51.2% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $54.9 billion.
The complete list of Prana Capital Management, L.P. trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Citigroup Inc |
423.00%
2,054,851
|
$129,948,777,000 | 5.83% |
| Everest Group Ltd |
76.29%
274,256
|
$109,016,760,000 | 4.89% |
| Truist Finl Corp |
33.14%
2,758,952
|
$107,543,949,000 | 4.82% |
| Willis Towers Watson Plc Ltd |
178.77%
389,340
|
$107,068,500,000 | 4.80% |
| Aon plc. |
277.36%
289,829
|
$96,721,734,000 | 4.34% |
| Blackrock Inc. |
52.76%
101,322
|
$84,472,151,000 | 3.79% |
| American Intl Group Inc |
32.41%
861,145
|
$67,315,705,000 | 3.02% |
| Goldman Sachs Group, Inc. |
Opened
151,942
|
$63,464,654,000 | 2.85% |
| Reinsurance Grp Of America I |
114.78%
325,116
|
$62,708,374,000 | 2.81% |
| Intercontinental Exchange In |
28.78%
445,782
|
$61,263,820,000 | 2.75% |
| Nasdaq Inc |
5,130.28%
958,135
|
$60,458,319,000 | 2.71% |
| Huntington Bancshares, Inc. |
Opened
4,302,832
|
$60,024,506,000 | 2.69% |
| Us Bancorp Del |
19.33%
1,234,458
|
$55,180,273,000 | 2.47% |
| Paychex Inc. |
379.24%
425,549
|
$52,257,417,000 | 2.34% |
| S&P Global Inc |
182.14%
113,837
|
$48,431,952,000 | 2.17% |
| Bank America Corp |
17.51%
1,272,916
|
$48,268,975,000 | 2.16% |
| Fidelity Natl Information Sv |
2,321.44%
623,448
|
$46,247,373,000 | 2.07% |
| Mastercard Incorporated |
Opened
95,055
|
$45,775,636,000 | 2.05% |
| KKR & Co. Inc |
Opened
416,521
|
$41,893,682,000 | 1.88% |
| Global Pmts Inc |
109.56%
297,173
|
$39,720,143,000 | 1.78% |
| Chubb Limited |
2,019.20%
143,364
|
$37,149,913,000 | 1.67% |
| Simon Ppty Group Inc New |
280.63%
236,252
|
$36,971,075,000 | 1.66% |
| D.R. Horton Inc. |
Opened
219,766
|
$36,162,495,000 | 1.62% |
| American Express Co. |
183.76%
157,923
|
$35,957,488,000 | 1.61% |
| Elevance Health Inc |
18.24%
67,389
|
$34,943,892,000 | 1.57% |
| Assurant Inc |
Opened
181,987
|
$34,257,233,000 | 1.54% |
| Visa Inc |
Closed
163,612
|
$33,992,029,000 | |
| Fiserv, Inc. |
Opened
208,711
|
$33,356,192,000 | 1.50% |
| Unum Group |
886.64%
588,464
|
$31,576,978,000 | 1.42% |
| Verisk Analytics Inc |
Closed
175,755
|
$31,006,697,000 | |
| Interactive Brokers Group In |
Closed
389,158
|
$28,155,581,000 | |
| Voya Financial, Inc. |
4.51%
376,038
|
$27,796,729,000 | 1.25% |
| Brown & Brown, Inc. |
Closed
481,197
|
$27,413,793,000 | |
| SS&C Technologies Holdings Inc |
Opened
417,535
|
$26,876,728,000 | 1.20% |
| Keycorp |
51.30%
1,666,099
|
$26,341,025,000 | 1.18% |
| Discover Finl Svcs |
Opened
196,257
|
$25,727,330,000 | 1.15% |
| Pulte Group Inc |
Closed
540,335
|
$24,601,453,000 | |
| Hartford Finl Svcs Group Inc |
Closed
317,734
|
$24,093,769,000 | |
| Synchrony Financial |
Opened
550,394
|
$23,732,989,000 | 1.06% |
| Carlyle Group Inc (The) |
621.17%
504,780
|
$23,679,230,000 | 1.06% |
| Walmart Inc |
Opened
391,532
|
$23,558,480,000 | 1.06% |
| Adobe Inc |
Opened
45,044
|
$22,729,202,000 | 1.02% |
| Cboe Global Mkts Inc |
Closed
176,770
|
$22,179,332,000 | |
| State Str Corp |
100.51%
280,949
|
$21,722,977,000 | 0.97% |
| Intuit Inc |
Closed
53,747
|
$20,919,407,000 | |
| Bank New York Mellon Corp |
Closed
433,798
|
$19,746,485,000 | |
| Invitation Homes Inc |
Opened
532,200
|
$18,951,642,000 | 0.85% |
| Moodys Corp |
Closed
67,591
|
$18,832,204,000 | |
| Ally Finl Inc |
Opened
449,574
|
$18,248,209,000 | 0.82% |
| Centene Corp. |
7.94%
228,428
|
$17,927,029,000 | 0.80% |
| Fleetcor Technologies Inc |
Closed
96,070
|
$17,646,138,000 | |
| Citizens Finl Group Inc |
Closed
441,854
|
$17,395,792,000 | |
| Northern Tr Corp |
660.83%
179,663
|
$15,975,634,000 | 0.72% |
| Costar Group, Inc. |
3,450.15%
156,668
|
$15,134,129,000 | 0.68% |
| Wells Fargo Co New |
Closed
360,505
|
$14,885,251,000 | |
| Target Corp |
735.44%
83,628
|
$14,819,718,000 | 0.66% |
| Oracle Corp. |
Opened
117,700
|
$14,784,297,000 | 0.66% |
| Lennar Corp. |
Opened
83,602
|
$14,377,872,000 | 0.64% |
| Markel Group Inc |
Closed
10,457
|
$13,776,993,000 | |
| CME Group Inc |
Closed
75,984
|
$12,777,469,000 | |
| Thomson-Reuters Corp |
Closed
111,906
|
$12,765,117,000 | |
| CVS Health Corp |
Closed
135,524
|
$12,629,482,000 | |
| First Amern Finl Corp |
Opened
203,574
|
$12,428,193,000 | 0.56% |
| Corebridge Finl Inc |
Closed
608,860
|
$12,213,732,000 | |
| Sei Invts Co |
Opened
167,491
|
$12,042,603,000 | 0.54% |
| Affiliated Managers Group In |
22.52%
71,032
|
$11,895,729,000 | 0.53% |
| PayPal Holdings Inc |
Closed
155,705
|
$11,089,310,000 | |
| Renaissancere Hldgs Ltd |
Closed
59,362
|
$10,936,261,000 | |
| Globe Life Inc. |
32.58%
92,863
|
$10,806,467,000 | 0.48% |
| Walgreens Boots Alliance Inc |
Closed
281,357
|
$10,511,498,000 | |
| Jones Lang Lasalle Inc. |
8.42%
51,770
|
$10,099,809,000 | 0.45% |
| Comerica, Inc. |
243.07%
183,655
|
$10,099,188,000 | 0.45% |
| Schwab Charles Corp |
Closed
118,829
|
$9,893,703,000 | |
| Waste Connections Inc |
Opened
57,059
|
$9,814,719,000 | 0.44% |
| Equitable Holdings, Inc. |
Closed
335,295
|
$9,622,967,000 | |
| Cincinnati Finl Corp |
Opened
77,412
|
$9,612,248,000 | 0.43% |
| Ameriprise Finl Inc |
Closed
29,680
|
$9,241,462,000 | |
| ServiceNow Inc |
395.26%
11,693
|
$8,914,743,000 | 0.40% |
| Lowes Cos Inc |
28.27%
34,608
|
$8,815,696,000 | 0.40% |
| Blue Owl Capital Inc |
Opened
466,508
|
$8,798,341,000 | 0.39% |
| Allstate Corp (The) |
38.99%
48,839
|
$8,449,635,000 | 0.38% |
| Ares Management Corp |
25.96%
63,088
|
$8,389,442,000 | 0.38% |
| Franklin Resources, Inc. |
47.87%
287,213
|
$8,073,557,000 | 0.36% |
| Lazard Inc. |
Opened
192,581
|
$8,063,366,000 | 0.36% |
| TriNet Group Inc |
Closed
113,594
|
$7,701,673,000 | |
| Cigna Group (The) |
Closed
22,447
|
$7,437,589,000 | |
| Apollo Global Mgmt Inc |
15.28%
59,736
|
$6,717,313,000 | 0.30% |
| Henry Jack & Assoc Inc |
9.85%
32,623
|
$5,667,594,000 | 0.25% |
| Tradeweb Mkts Inc |
68.75%
52,988
|
$5,519,760,000 | 0.25% |
| Primerica Inc |
274.69%
17,438
|
$4,411,116,000 | 0.20% |
| Humana Inc. |
Opened
12,630
|
$4,379,074,000 | 0.20% |
| Union Pac Corp |
332.53%
17,725
|
$4,359,109,000 | 0.20% |
| Factset Resh Sys Inc |
Closed
10,844
|
$4,350,721,000 | |
| Broadridge Finl Solutions In |
Closed
32,303
|
$4,332,801,000 | |
| MarketAxess Holdings Inc. |
Opened
19,067
|
$4,180,440,000 | 0.19% |
| Universal Hlth Svcs Inc |
Opened
20,277
|
$3,699,741,000 | 0.17% |
| Salesforce Inc |
Opened
9,591
|
$2,888,617,000 | 0.13% |
| Norfolk Southn Corp |
Opened
11,101
|
$2,829,312,000 | 0.13% |
| Houlihan Lokey Inc |
Closed
32,393
|
$2,823,374,000 | |
| TransUnion |
80.30%
34,534
|
$2,755,813,000 | 0.12% |
| Capital One Finl Corp |
Closed
26,986
|
$2,508,619,000 | |
| Marqeta Inc |
Opened
371,329
|
$2,213,121,000 | 0.10% |
| Block Inc |
28.76%
24,133
|
$2,041,169,000 | 0.09% |
| Iron Mtn Inc Del |
Opened
24,225
|
$1,943,087,000 | 0.09% |
| Black Knight Inc |
Closed
28,608
|
$1,766,544,000 | |
| Guidewire Software Inc |
Closed
25,288
|
$1,582,017,000 | |
| Rollins, Inc. |
Opened
33,723
|
$1,560,363,000 | 0.07% |
| Shift4 Pmts Inc |
Opened
23,231
|
$1,534,872,000 | 0.07% |
| Fidelity National Financial Inc |
Opened
26,587
|
$1,411,770,000 | 0.06% |
| Federated Hermes Inc |
104.34%
36,885
|
$1,332,286,000 | 0.06% |
| Aramark |
Opened
30,620
|
$995,762,000 | 0.04% |
| Cna Finl Corp |
Closed
23,113
|
$977,218,000 | |
| PJT Partners Inc |
Closed
11,188
|
$824,444,000 | |
| Bgc Group Inc |
Opened
96,172
|
$747,256,000 | 0.03% |
| Ecolab, Inc. |
Closed
4,438
|
$645,995,000 | |
| Principal Financial Group In |
Opened
7,364
|
$635,587,000 | 0.03% |
| Dun & Bradstreet Holdings, Inc. |
99.45%
62,852
|
$631,034,000 | 0.03% |
| Danaher Corp. |
Closed
2,167
|
$575,165,000 | |
| Rocket Cos Inc |
89.62%
30,348
|
$441,563,000 | 0.02% |
| Jefferies Finl Group Inc |
Opened
9,684
|
$427,064,000 | 0.02% |
| Workday Inc |
Closed
2,465
|
$412,468,000 | |
| Toast, Inc. |
Closed
22,097
|
$398,409,000 | |
| BILL Holdings Inc |
Closed
3,410
|
$371,554,000 | |
| Bgc Partners Inc |
Closed
94,947
|
$357,950,000 | |
| Essent Group Ltd |
Opened
5,400
|
$321,354,000 | 0.01% |
| American Finl Group Inc Ohio |
Closed
2,129
|
$292,269,000 | |
| Medtronic Plc |
Closed
3,109
|
$241,631,000 | |
| Uwm Holdings Corporation |
Opened
28,345
|
$205,785,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 128 holdings | |||
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