Freshford Capital Management is an investment fund managing more than $531 billion ran by Michael Doheny. There are currently 14 companies in Mr. Doheny’s portfolio. The largest investments include IAC Inc and Amazon.com, together worth $139 billion.
As of 7th August 2024, Freshford Capital Management’s top holding is 1,723,614 shares of IAC Inc currently worth over $80.8 billion and making up 15.2% of the portfolio value.
Relative to the number of outstanding shares of IAC Inc, Freshford Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 302,900 shares of Amazon.com worth $58.5 billion, whose value fell 0.4% in the past six months.
The third-largest holding is Godaddy Inc worth $56.8 billion and the next is Rapid7 Inc worth $51.1 billion, with 1,180,989 shares owned.
Currently, Freshford Capital Management's portfolio is worth at least $531 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.
The Freshford Capital Management office and employees reside in Rye Brook, New York. According to the last 13-F report filed with the SEC, Michael Doheny serves as the Managing Member at Freshford Capital Management.
In the most recent 13F filing, Freshford Capital Management revealed that it had opened a new position in
Zoetis Inc and bought 174,300 shares worth $30.2 billion.
This means they effectively own approximately 0.1% of the company.
Zoetis Inc makes up
100.0%
of the fund's Health Care sector allocation and has decreased its share price by 0.7% in the past year.
The investment fund also strengthened its position in Rapid7 Inc by buying
196,245 additional shares.
This makes their stake in Rapid7 Inc total 1,180,989 shares worth $51.1 billion.
Rapid7 Inc dropped 30.5% in the past year.
On the other hand, there are companies that Freshford Capital Management is getting rid of from its portfolio.
Freshford Capital Management closed its position in 10x Genomics on 14th August 2024.
It sold the previously owned 783,238 shares for $29.4 billion.
Michael Doheny also disclosed a decreased stake in IAC Inc by 0.1%.
This leaves the value of the investment at $80.8 billion and 1,723,614 shares.
The two most similar investment funds to Freshford Capital Management are Fox Run Management, L.L.C and Broad Peak Investment. They manage $531 billion and $531 billion respectively.
Freshford Capital Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 46.1% of
the total portfolio value.
The fund focuses on investments in the United States as
92.9% 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
50% 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 $113 billion.
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 |
|---|---|---|---|
| IAC Inc |
10.48%
1,723,614
|
$80,751,316,000 | 15.20% |
| Amazon.com Inc. |
0.38%
302,900
|
$58,535,426,000 | 11.02% |
| Godaddy Inc |
36.93%
406,628
|
$56,809,998,000 | 10.69% |
| Rapid7 Inc |
19.93%
1,180,989
|
$51,054,155,000 | 9.61% |
| Constellation Brands, Inc. |
15.91%
191,081
|
$49,161,320,000 | 9.25% |
| Alphabet Inc |
0.38%
263,965
|
$48,081,224,000 | 9.05% |
| KBR Inc |
6.99%
622,013
|
$39,895,914,000 | 7.51% |
| Atlanta Braves Holdings Inc |
23.15%
932,609
|
$36,782,100,000 | 6.92% |
| Zoetis Inc |
Opened
174,300
|
$30,216,648,000 | 5.69% |
| WEX Inc |
36.00%
167,450
|
$29,662,092,000 | 5.58% |
| 10x Genomics, Inc. |
Closed
783,238
|
$29,394,922,000 | |
| Trimble Inc |
23.70%
457,151
|
$25,563,883,000 | 4.81% |
| Cheniere Energy Inc. |
Closed
106,181
|
$17,124,872,000 | |
| Liberty Media Corp. |
0.38%
196,541
|
$14,119,505,000 | 2.66% |
| Model N Inc |
Closed
352,319
|
$10,030,522,000 | |
| Alight Inc. |
Opened
1,099,170
|
$8,111,874,000 | 1.53% |
| Bausch Plus Lomb Corp |
85.39%
170,276
|
$2,472,408,000 | 0.47% |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||