Alcosta Capital Management 13F annual report
Alcosta Capital Management is an investment fund managing more than $162 billion ran by Erick Ormsby. There are currently 27 companies in Mr. Ormsby’s portfolio. The largest investments include NVIDIA Corp and Amazon.com, together worth $26.2 billion.
$162 billion Assets Under Management (AUM)
As of 6th August 2024, Alcosta Capital Management’s top holding is 129,500 shares of NVIDIA Corp currently worth over $16 billion and making up 9.9% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Alcosta Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 52,746 shares of Amazon.com worth $10.2 billion, whose value fell 1.1% in the past six months.
The third-largest holding is KLA worth $9.56 billion and the next is ServiceNow Inc worth $9.3 billion, with 11,825 shares owned.
Currently, Alcosta Capital Management's portfolio is worth at least $162 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 Alcosta Capital Management
The Alcosta Capital Management office and employees reside in San Ramon, California. According to the last 13-F report filed with the SEC, Erick Ormsby serves as the President at Alcosta Capital Management.
Recent trades
In the most recent 13F filing, Alcosta Capital Management revealed that it had increased its stake in
NVIDIA Corp and bought 116,476 additional shares worth around $13 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
18.7%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, Erick Ormsby disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $10.2 billion and 52,746 shares.
One of the smallest hedge funds
The two most similar investment funds to Alcosta Capital Management are Paradigm, Strategies In Wealth Management and Marmo. They manage $162 billion and $162 billion respectively.
Erick Ormsby investment strategy
Alcosta Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 52.8% of
the total portfolio value.
The fund focuses on investments in the United States as
81.5% 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 $389 billion.
The complete list of Alcosta Capital Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| NVIDIA Corp |
894.32%
129,500
|
$15,998,430,000 | 9.86% |
| Amazon.com Inc. |
0.57%
52,746
|
$10,193,165,000 | 6.28% |
| KLA Corp. |
0.57%
11,597
|
$9,561,842,000 | 5.89% |
| ServiceNow Inc |
0.57%
11,825
|
$9,302,373,000 | 5.73% |
| Microsoft Corporation |
0.56%
19,703
|
$8,806,256,000 | 5.43% |
| Apple Inc |
0.57%
36,101
|
$7,603,593,000 | 4.68% |
| Chipotle Mexican Grill |
4,870.29%
117,100
|
$7,336,315,000 | 4.52% |
| Eli Lilly & Co |
0.57%
7,980
|
$7,224,932,000 | 4.45% |
| Alphabet Inc |
0.55%
38,356
|
$7,035,258,000 | 4.33% |
| Meta Platforms Inc |
0.57%
13,860
|
$6,988,489,000 | 4.31% |
| Mastercard Incorporated |
0.55%
13,839
|
$6,105,213,000 | 3.76% |
| Broadcom Inc |
0.57%
3,667
|
$5,887,479,000 | 3.63% |
| Deckers Outdoor Corp. |
0.57%
5,542
|
$5,364,379,000 | 3.30% |
| Arista Networks Inc |
0.57%
14,494
|
$5,079,857,000 | 3.13% |
| Synopsys, Inc. |
0.57%
8,508
|
$5,062,770,000 | 3.12% |
| Fair Isaac Corp. |
0.55%
3,245
|
$4,830,702,000 | 2.98% |
| Transdigm Group Incorporated |
0.55%
3,435
|
$4,388,590,000 | 2.70% |
| Unitedhealth Group Inc |
0.57%
8,607
|
$4,383,201,000 | 2.70% |
| Novo-nordisk A S |
0.57%
29,959
|
$4,276,348,000 | 2.63% |
| Cadence Design System Inc |
0.56%
13,747
|
$4,230,639,000 | 2.61% |
| Uber Technologies Inc |
0.58%
56,070
|
$4,075,168,000 | 2.51% |
| Autozone Inc. |
0.48%
1,241
|
$3,678,448,000 | 2.27% |
| Visa Inc |
0.56%
13,959
|
$3,663,819,000 | 2.26% |
| Tesla Inc |
0.58%
18,376
|
$3,636,243,000 | 2.24% |
| Oreilly Automotive Inc |
0.54%
3,126
|
$3,301,244,000 | 2.03% |
| HubSpot Inc |
0.56%
5,157
|
$3,041,547,000 | 1.87% |
| Ishares Tr |
No change
4,207
|
$1,266,016,000 | 0.78% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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