Conversant Capital is an investment fund managing more than $456 billion ran by Paul Dumaine. There are currently 14 companies in Mr. Dumaine’s portfolio. The largest investments include Sonida Senior Living Ord and Target Hospitality Ord, together worth $238 billion.
As of 7th August 2024, Conversant Capital’s top holding is 7,210,877 shares of Sonida Senior Living Ord currently worth over $198 billion and making up 43.5% of the portfolio value.
In addition, the fund holds 4,537,200 shares of Target Hospitality Ord worth $39.5 billion.
The third-largest holding is Newpark Rsc Ord worth $32.9 billion and the next is Site Centers Ord worth $31.2 billion, with 2,150,000 shares owned.
Currently, Conversant Capital's portfolio is worth at least $456 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 Conversant Capital office and employees reside in Summit, New Jersey. According to the last 13-F report filed with the SEC, Paul Dumaine serves as the Chief Compliance Officer at Conversant Capital.
In the most recent 13F filing, Conversant Capital revealed that it had opened a new position in
Americold Realty Ord and bought 944,000 shares worth $24.1 billion.
The investment fund also strengthened its position in Site Centers Ord by buying
1,232,000 additional shares.
This makes their stake in Site Centers Ord total 2,150,000 shares worth $31.2 billion.
On the other hand, there are companies that Conversant Capital is getting rid of from its portfolio.
Conversant Capital closed its position in Digitalbridge Group Cl A Ord on 14th August 2024.
It sold the previously owned 1,300,000 shares for $25.1 billion.
Paul Dumaine also disclosed a decreased stake in Target Hospitality Ord by 0.1%.
This leaves the value of the investment at $39.5 billion and 4,537,200 shares.
The two most similar investment funds to Conversant Capital are Brickley Wealth Management and Tmd Wealth Management. They manage $456 billion and $456 billion respectively.
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 |
|---|---|---|---|
| Sonida Senior Living Ord |
No change
7,210,877
|
$198,299,118,000 | 43.50% |
| Target Hospitality Ord |
10.03%
4,537,200
|
$39,519,012,000 | 8.67% |
| Newpark Rsc Ord |
No change
3,956,852
|
$32,881,440,000 | 7.21% |
| Site Centers Ord |
134.20%
2,150,000
|
$31,175,000,000 | 6.84% |
| Pennymac Financial Ord |
6.79%
299,000
|
$28,285,400,000 | 6.20% |
| Digitalbridge Group Cl A Ord |
Closed
1,300,000
|
$25,051,000,000 | |
| Americold Realty Ord |
Opened
944,000
|
$24,109,760,000 | 5.29% |
| Caesars Entertainment Ord |
Opened
560,000
|
$22,254,400,000 | 4.88% |
| First Industrial Realty Trust Ord |
Opened
400,000
|
$19,004,000,000 | 4.17% |
| Nmi Holdings Ord |
38.96%
535,000
|
$18,211,400,000 | 3.99% |
| Core Scientific Ord |
Opened
1,950,000
|
$18,135,000,000 | 3.98% |
| American Healthcare Reit Ord |
Closed
775,000
|
$11,431,250,000 | |
| Rush Street Interactive Cl A Ord |
Closed
1,683,180
|
$10,957,502,000 | |
| Net Lease Office Properties Ord |
Closed
434,527
|
$10,341,743,000 | |
| Clear Channel Outdoor Hldg Ord |
23.27%
6,925,256
|
$9,764,611,000 | 2.14% |
| Sila Realty Trust Ord |
Opened
370,010
|
$7,833,112,000 | 1.72% |
| Outfront Media Ord |
Closed
399,800
|
$6,712,642,000 | |
| Iris Energy Pty Ord |
Opened
300,000
|
$3,387,000,000 | 0.74% |
| Sharkninja Ord |
Closed
50,000
|
$3,114,500,000 | |
| United Homes Group Cl A Ord |
No change
535,173
|
$3,045,134,000 | 0.67% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||