Dg Capital Management 13F annual report

Dg Capital Management is an investment fund managing more than $148 billion ran by Eric Evanter. There are currently 15 companies in Mr. Evanter’s portfolio. The largest investments include Tenet Healthcare and Caesars Entertainment Inc Ne, together worth $48.8 billion.

$148 billion Assets Under Management (AUM)

As of 7th August 2024, Dg Capital Management’s top holding is 365,319 shares of Tenet Healthcare currently worth over $27.6 billion and making up 18.7% of the portfolio value. Relative to the number of outstanding shares of Tenet Healthcare, Dg Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 452,816 shares of Caesars Entertainment Inc Ne worth $21.2 billion. The third-largest holding is Burford Cap Ltd worth $13.8 billion and the next is Everi Inc worth $13.8 billion, with 1,220,787 shares owned.

Currently, Dg Capital Management's portfolio is worth at least $148 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 Dg Capital Management

The Dg Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eric Evanter serves as the Chief Compliance Officer at Dg Capital Management.

Recent trades

In the most recent 13F filing, Dg Capital Management revealed that it had opened a new position in Macys Inc and bought 169,981 shares worth $3.42 billion.

The investment fund also strengthened its position in Tenet Healthcare by buying 51,123 additional shares. This makes their stake in Tenet Healthcare total 365,319 shares worth $27.6 billion. Tenet Healthcare soared 108.7% in the past year.

On the other hand, there are companies that Dg Capital Management is getting rid of from its portfolio. Dg Capital Management closed its position in Intercept Pharmaceuticals In on 14th August 2024. It sold the previously owned 896,294 shares for $9.91 billion. Eric Evanter also disclosed a decreased stake in Burford Cap Ltd by approximately 0.1%. This leaves the value of the investment at $13.8 billion and 887,239 shares.

One of the smallest hedge funds

The two most similar investment funds to Dg Capital Management are Jade Capital Advisors and Burford Brothers. They manage $141 billion and $141 billion respectively.

Eric Evanter investment strategy

Dg Capital Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Health Care — making up 26.9% of the total portfolio value. The fund focuses on investments in the United States as 26.7% 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 approximately 0.1% 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 $2.21 billion.

The complete list of Dg Capital Management 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
Tenet Healthcare Corp.	16.27% 365,319	$27,607,157,000	18.70%
Caesars Entertainment Inc Ne	10.85% 452,816	$21,228,014,000	14.38%
Burford Cap Ltd	8.53% 887,239	$13,840,928,000	9.37%
Everi Holdings Inc	4.69% 1,220,787	$13,758,269,000	9.32%
Hertz Global Holdings Inc.	13.67% 1,290,317	$13,406,394,000	9.08%
Inspired Entmt Inc	28.18% 1,251,918	$12,368,950,000	8.38%
Air Transport Services Grp I	138.69% 696,452	$12,264,520,000	8.31%
Fennec Pharmaceuticals Inc	0.09% 1,075,634	$12,068,613,000	8.17%
Intercept Pharmaceuticals In	Closed 896,294	$9,913,012,000
Turning Pt Brands Inc	Closed 255,644	$6,138,012,000
Amarin Corp Plc	1.27% 5,405,438	$4,702,731,000	3.19%
Ferroglobe Plc	45.55% 649,824	$4,230,354,000	2.87%
Anterix Inc.	Closed 128,672	$4,077,616,000
Community Health Sys Inc New	49.56% 1,249,270	$3,910,215,000	2.65%
United Therapeutics Corp	Closed 16,580	$3,660,035,000
VEON Ltd	59.60% 178,580	$3,518,026,000	2.38%
Macys Inc	Opened 169,981	$3,420,018,000	2.32%
Summit Matls Inc	Closed 75,135	$2,843,860,000
Aware Inc Mass	22.20% 697,614	$1,158,039,000	0.78%
Sphere Entertainment Co	Closed 39,818	$1,090,615,000
American Coastal Ins Corp	94.88% 17,586	$166,364,000	0.11%
No transactions found
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