Conifer Management, L.L.C 13F annual report
Conifer Management, L.L.C is an investment fund managing more than $822 billion ran by Gregory Alexander. There are currently 10 companies in Mr. Alexander’s portfolio. The largest investments include Stellantis N.V and Equitable Inc, together worth $462 billion.
$822 billion Assets Under Management (AUM)
As of 6th February 2023, Conifer Management, L.L.C’s top holding is 17,200,031 shares of Stellantis N.V currently worth over $244 billion and making up 29.7% of the portfolio value.
Relative to the number of outstanding shares of Stellantis N.V, Conifer Management, L.L.C owns more than approximately 0.1% of the company.
In addition, the fund holds 7,600,000 shares of Equitable Inc worth $218 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Builders Firstsource Inc worth $130 billion and the next is Lithia Mtrs Inc worth $102 billion, with 500,000 shares owned.
Currently, Conifer Management, L.L.C's portfolio is worth at least $822 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 Conifer Management, L.L.C
The Conifer Management, L.L.C office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Gregory Alexander serves as the Managing Member at Conifer Management, L.L.C.
Recent trades
In the most recent 13F filing, Conifer Management, L.L.C revealed that it had opened a new position in
Lithia Mtrs Inc and bought 500,000 shares worth $102 billion.
The investment fund also strengthened its position in Stellantis N.V by buying
400,031 additional shares.
This makes their stake in Stellantis N.V total 17,200,031 shares worth $244 billion.
Stellantis N.V dropped approximately 0.1% in the past year.
On the other hand, there are companies that Conifer Management, L.L.C is getting rid of from its portfolio.
Conifer Management, L.L.C closed its position in Monday Com Ltd on 13th February 2023.
It sold the previously owned 100,000 shares for $10.3 million.
Gregory Alexander also disclosed a decreased stake in Equitable Inc by approximately 0.1%.
This leaves the value of the investment at $218 billion and 7,600,000 shares.
One of the largest hedge funds
The two most similar investment funds to Conifer Management, L.L.C are Sage Financial Group Inc and Rock Creek L.P.. They manage $820 billion and $820 billion respectively.
Gregory Alexander investment strategy
Conifer Management, L.L.C’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 32.6% of
the total portfolio value.
The fund focuses on investments in the United States as
30.0% 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
20% 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 $13.8 billion.
The complete list of Conifer Management, L.L.C trades based on 13F SEC filings
These positions were updated on February 13th 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 |
|---|---|---|---|
| Stellantis N.V |
2.38%
17,200,031
|
$244,240,440,000 | 29.73% |
| Equitable Holdings Inc |
5.00%
7,600,000
|
$218,120,000,000 | 26.55% |
| Builders Firstsource Inc |
20.00%
2,000,000
|
$129,760,000,000 | 15.79% |
| Lithia Mtrs Inc |
Opened
500,000
|
$102,370,000,000 | 12.46% |
| International Mny Express In |
20.00%
1,600,000
|
$38,992,000,000 | 4.75% |
| Yandex N V |
No change
5,500,000
|
$33,629,630,000 | 4.09% |
| Group 1 Automotive, Inc. |
Opened
131,547
|
$23,727,132,000 | 2.89% |
| Rimini Str Inc Del |
17.61%
4,919,848
|
$18,744,621,000 | 2.28% |
| Capital One Finl Corp |
Opened
100,000
|
$9,296,000,000 | 1.13% |
| Evi Inds Inc |
No change
116,341
|
$2,777,060,000 | 0.34% |
| Monday Com Ltd |
Closed
100,000
|
$10,316,000 | |
| No transactions found | |||
| Showing first 500 out of 11 holdings | |||
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