Kingdon Capital Management, L.L.C 13F annual report
Kingdon Capital Management, L.L.C is an investment fund managing more than $648 billion ran by William Walsh. There are currently 64 companies in Mr. Walsh’s portfolio. The largest investments include Insmed Inc and FTAI Aviation Ltd, together worth $66.7 billion.
$648 billion Assets Under Management (AUM)
As of 7th August 2024, Kingdon Capital Management, L.L.C’s top holding is 625,000 shares of Insmed Inc currently worth over $41.9 billion and making up 6.5% of the portfolio value.
Relative to the number of outstanding shares of Insmed Inc, Kingdon Capital Management, L.L.C owns more than approximately 0.1% of the company.
In addition, the fund holds 240,000 shares of FTAI Aviation Ltd worth $24.8 billion, whose value grew 92.0% in the past six months.
The third-largest holding is APi worth $23.5 billion and the next is Unitedhealth Inc worth $20.2 billion, with 39,700 shares owned.
Currently, Kingdon Capital Management, L.L.C's portfolio is worth at least $648 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 Kingdon Capital Management, L.L.C
The Kingdon Capital Management, L.L.C office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, William Walsh serves as the Chief Financial Officer at Kingdon Capital Management, L.L.C.
Recent trades
In the most recent 13F filing, Kingdon Capital Management, L.L.C revealed that it had opened a new position in
Unitedhealth Inc and bought 39,700 shares worth $20.2 billion.
This means they effectively own approximately 0.1% of the company.
Unitedhealth Inc makes up
12.0%
of the fund's Health Care sector allocation and has grown its share price by 12.4% in the past year.
The investment fund also strengthened its position in Insmed Inc by buying
170,000 additional shares.
This makes their stake in Insmed Inc total 625,000 shares worth $41.9 billion.
Insmed Inc soared 242.5% in the past year.
On the other hand, there are companies that Kingdon Capital Management, L.L.C is getting rid of from its portfolio.
Kingdon Capital Management, L.L.C closed its position in Sherwin-Williams Co on 14th August 2024.
It sold the previously owned 60,029 shares for $20.8 billion.
William Walsh also disclosed a decreased stake in FTAI Aviation Ltd by 0.4%.
This leaves the value of the investment at $24.8 billion and 240,000 shares.
One of the average hedge funds
The two most similar investment funds to Kingdon Capital Management, L.L.C are Camden National Bank and Thompson Investment Management, Inc. They manage $648 billion and $647 billion respectively.
William Walsh investment strategy
Kingdon Capital Management, L.L.C’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 26.1% of
the total portfolio value.
The fund focuses on investments in the United States as
70.3% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 7.8% of the portfolio.
The average market cap of the portfolio companies is close to $91.1 billion.
The complete list of Kingdon Capital Management, L.L.C 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 |
|---|---|---|---|
| Insmed Inc |
37.36%
625,000
|
$41,875,000,000 | 6.47% |
| FTAI Aviation Ltd |
40.00%
240,000
|
$24,775,200,000 | 3.83% |
| APi Group Corporation |
3.72%
625,000
|
$23,518,750,000 | 3.63% |
| Sherwin-Williams Co. |
Closed
60,029
|
$20,849,873,000 | |
| Humana Inc. |
Closed
59,000
|
$20,456,480,000 | |
| Unitedhealth Group Inc |
Opened
39,700
|
$20,217,622,000 | 3.12% |
| Guardant Health Inc |
Opened
670,200
|
$19,355,376,000 | 2.99% |
| Advanced Micro Devices Inc. |
Opened
115,000
|
$18,654,150,000 | 2.88% |
| Tenet Healthcare Corp. |
50.36%
138,348
|
$18,404,434,000 | 2.84% |
| Syndax Pharmaceuticals Inc |
No change
894,993
|
$18,374,206,000 | 2.84% |
| Praxis Precision Medicines I |
18.57%
415,000
|
$17,164,400,000 | 2.65% |
| CRH Plc |
29.03%
200,000
|
$14,996,000,000 | 2.32% |
| Tandem Diabetes Care Inc |
25.16%
369,000
|
$14,867,010,000 | 2.30% |
| Molson Coors Beverage Company |
No change
288,200
|
$14,649,206,000 | 2.26% |
| Cytokinetics Inc |
129.91%
266,700
|
$14,449,806,000 | 2.23% |
| Charles Riv Labs Intl Inc |
Opened
69,800
|
$14,419,284,000 | 2.23% |
| Quanta Svcs Inc |
59.01%
55,000
|
$13,974,950,000 | 2.16% |
| Meta Platforms Inc |
31.25%
27,500
|
$13,866,050,000 | 2.14% |
| Taiwan Semiconductor Mfg Ltd |
3.13%
77,500
|
$13,470,275,000 | 2.08% |
| General Electric Co |
Closed
75,000
|
$13,164,750,000 | |
| Amazon.com Inc. |
Opened
67,500
|
$13,044,375,000 | 2.01% |
| Aramark |
Closed
400,000
|
$13,008,000,000 | |
| Salesforce Inc |
Closed
40,000
|
$12,047,200,000 | |
| Visa Inc |
28.00%
45,000
|
$11,811,150,000 | 1.82% |
| Waste Mgmt Inc Del |
Opened
55,000
|
$11,733,700,000 | 1.81% |
| Intercontinental Exchange In |
Closed
85,000
|
$11,681,550,000 | |
| Inspire Med Sys Inc |
Opened
86,300
|
$11,549,529,000 | 1.78% |
| Cadence Design System Inc |
25.00%
37,500
|
$11,540,625,000 | 1.78% |
| Jasper Therapeutics Inc |
No change
497,000
|
$11,281,900,000 | 1.74% |
| 3M Co. |
10.00%
110,000
|
$11,240,900,000 | 1.74% |
| Trip.com Group Ltd |
Closed
255,000
|
$11,191,950,000 | |
| Aercap Holdings Nv |
No change
120,000
|
$11,184,000,000 | 1.73% |
| Heico Corp. |
44.44%
50,000
|
$11,180,500,000 | 1.73% |
| Union Pac Corp |
Closed
43,650
|
$10,734,845,000 | |
| AT&T Inc. |
21.43%
550,000
|
$10,510,500,000 | 1.62% |
| Globus Med Inc |
Closed
190,900
|
$10,239,876,000 | |
| Apollo Global Mgmt Inc |
Closed
90,000
|
$10,120,500,000 | |
| Hasbro, Inc. |
No change
170,000
|
$9,945,000,000 | 1.54% |
| General Dynamics Corp. |
13.09%
33,200
|
$9,632,648,000 | 1.49% |
| Hershey Company |
No change
51,800
|
$9,522,394,000 | 1.47% |
| Curtiss-Wright Corp. |
No change
33,978
|
$9,207,358,000 | 1.42% |
| Vontier Corporation |
Closed
200,000
|
$9,072,000,000 | |
| Parsons Corp |
Opened
110,000
|
$8,999,100,000 | 1.39% |
| Microsoft Corporation |
42.86%
20,000
|
$8,939,000,000 | 1.38% |
| Flex Ltd |
7.69%
300,000
|
$8,847,000,000 | 1.37% |
| Walmart Inc |
No change
130,500
|
$8,836,155,000 | 1.36% |
| Mastercard Incorporated |
20.00%
20,000
|
$8,823,200,000 | 1.36% |
| NetEase Inc |
Closed
85,000
|
$8,794,950,000 | |
| Allstate Corp (The) |
Closed
50,000
|
$8,650,500,000 | |
| Dell Technologies Inc |
41.86%
62,500
|
$8,619,375,000 | 1.33% |
| Micron Technology Inc. |
Closed
72,500
|
$8,547,025,000 | |
| Ametek Inc |
Opened
50,000
|
$8,335,500,000 | 1.29% |
| NexGen Energy Ltd |
No change
1,177,837
|
$8,221,302,000 | 1.27% |
| Tetra Tech, Inc. |
Opened
40,000
|
$8,179,200,000 | 1.26% |
| Atmus Filtration Technologie |
Closed
251,690
|
$8,117,003,000 | |
| Garmin Ltd |
11.11%
49,600
|
$8,080,832,000 | 1.25% |
| nVent Electric plc |
25.93%
100,000
|
$7,661,000,000 | 1.18% |
| Lowes Cos Inc |
44.17%
33,500
|
$7,385,410,000 | 1.14% |
| Las Vegas Sands Corp |
Closed
140,000
|
$7,238,000,000 | |
| Conagra Brands Inc |
Opened
253,000
|
$7,190,260,000 | 1.11% |
| Renaissancere Hldgs Ltd |
Closed
30,000
|
$7,050,900,000 | |
| NextEra Energy Inc |
Closed
110,000
|
$7,030,100,000 | |
| International Paper Co. |
Opened
150,000
|
$6,472,500,000 | 1.00% |
| MGP Ingredients, Inc. |
No change
86,250
|
$6,417,000,000 | 0.99% |
| Expedia Group Inc |
Opened
47,500
|
$5,984,525,000 | 0.92% |
| OptiNose Inc |
43.60%
5,599,237
|
$5,823,206,000 | 0.90% |
| Enerpac Tool Group Corp |
Closed
150,000
|
$5,349,000,000 | |
| RAPT Therapeutics, Inc. |
15.00%
1,725,000
|
$5,261,250,000 | 0.81% |
| Itron Inc. |
35.48%
50,000
|
$4,948,000,000 | 0.76% |
| Scynexis Inc |
No change
2,237,048
|
$4,474,096,000 | 0.69% |
| KE Holdings Inc. |
Opened
315,000
|
$4,457,250,000 | 0.69% |
| Marvell Technology Inc |
Closed
55,000
|
$3,898,400,000 | |
| KKR & Co. Inc |
56.25%
35,000
|
$3,683,400,000 | 0.57% |
| Vistra Corp |
Opened
40,000
|
$3,439,200,000 | 0.53% |
| Envveno Medical Corporation |
No change
653,870
|
$3,432,818,000 | 0.53% |
| X4 Pharmaceuticals, Inc. |
33.11%
4,623,683
|
$2,681,736,000 | 0.41% |
| Curis Inc |
21.67%
345,730
|
$2,385,537,000 | 0.37% |
| Air Lease Corp |
76.19%
50,000
|
$2,376,500,000 | 0.37% |
| Great Elm Group Inc |
No change
1,268,907
|
$2,284,033,000 | 0.35% |
| Vincerx Pharma Inc |
Closed
385,000
|
$1,948,100,000 | |
| Alight Inc. |
71.43%
250,000
|
$1,845,000,000 | 0.28% |
| Montrose Environmental Group, Inc. |
Opened
40,000
|
$1,782,400,000 | 0.28% |
| Beyond Air, Inc. |
No change
1,358,164
|
$729,742,000 | 0.11% |
| Niocorp Devs Ltd |
No change
314,465
|
$544,024,000 | 0.08% |
| Sol-Gel Technologies Ltd |
74.74%
121,706
|
$108,318,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 85 holdings | |||
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