Sturgeon Ventures LL.P. 13F annual report
Sturgeon Ventures LL.P. is an investment fund managing more than $73.5 billion ran by Thomas Powell. There are currently 41 companies in Mr. Powell’s portfolio. The largest investments include Meta Platforms Inc and NVIDIA Corp, together worth $21.2 billion.
$73.5 billion Assets Under Management (AUM)
As of 10th October 2023, Sturgeon Ventures LL.P.’s top holding is 38,368 shares of Meta Platforms Inc currently worth over $11.5 billion and making up 15.7% of the portfolio value.
Relative to the number of outstanding shares of Meta Platforms Inc, Sturgeon Ventures LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 22,362 shares of NVIDIA Corp worth $9.73 billion, whose value grew 70.7% in the past six months.
The third-largest holding is Microsoft worth $6.11 billion and the next is Apple Inc worth $5.72 billion, with 33,426 shares owned.
Currently, Sturgeon Ventures LL.P.'s portfolio is worth at least $73.5 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 Sturgeon Ventures LL.P.
The Sturgeon Ventures LL.P. office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Thomas Powell serves as the COO at Sturgeon Ventures LL.P..
Recent trades
In the most recent 13F filing, Sturgeon Ventures LL.P. revealed that it had opened a new position in
Amazon.com and bought 17,459 shares worth $2.22 billion.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
14.1%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 16.5% in the past year.
The investment fund also strengthened its position in Alphabet Inc by buying
35,120 additional shares.
This makes their stake in Alphabet Inc total 35,792 shares worth $4.68 billion.
Alphabet Inc soared 39.1% in the past year.
On the other hand, there are companies that Sturgeon Ventures LL.P. is getting rid of from its portfolio.
Sturgeon Ventures LL.P. closed its position in Deere Co on 17th October 2023.
It sold the previously owned 7,120 shares for $2.88 billion.
Thomas Powell also disclosed a decreased stake in Microsoft by 0.1%.
This leaves the value of the investment at $6.11 billion and 19,338 shares.
One of the smallest hedge funds
The two most similar investment funds to Sturgeon Ventures LL.P. are Dalal Street and Sage Investment Advisers. They manage $73.4 billion and $73.4 billion respectively.
Thomas Powell investment strategy
Sturgeon Ventures LL.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 57.6% of
the total portfolio value.
The fund focuses on investments in the United States as
58.5% 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
61% 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 $353 billion.
The complete list of Sturgeon Ventures LL.P. trades based on 13F SEC filings
These positions were updated on October 17th 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 |
|---|---|---|---|
| Meta Platforms Inc |
No change
38,368
|
$11,518,458,000 | 15.68% |
| NVIDIA Corp |
No change
22,362
|
$9,727,246,000 | 13.24% |
| Microsoft Corporation |
13.03%
19,338
|
$6,105,973,000 | 8.31% |
| Apple Inc |
4.66%
33,426
|
$5,722,866,000 | 7.79% |
| Fortinet Inc |
No change
83,015
|
$4,871,320,000 | 6.63% |
| Alphabet Inc |
5,226.19%
35,792
|
$4,683,920,000 | 6.38% |
| Booking Holdings Inc |
30.46%
1,452
|
$4,477,895,000 | 6.10% |
| Caterpillar Inc. |
No change
13,955
|
$3,809,715,000 | 5.19% |
| Cintas Corporation |
No change
7,876
|
$3,788,435,000 | 5.16% |
| Spdr Sp 500 Etf Tr |
2.70%
8,216
|
$3,512,176,000 | 4.78% |
| Deere Co |
Closed
7,120
|
$2,884,953,000 | |
| Salesforce Inc |
40.11%
13,292
|
$2,695,352,000 | 3.67% |
| Microchip Technology, Inc. |
No change
34,008
|
$2,654,324,000 | 3.61% |
| Amazon.com Inc. |
Opened
17,459
|
$2,219,388,000 | 3.02% |
| Chipotle Mexican Grill |
No change
1,016
|
$1,861,139,000 | 2.53% |
| Mcdonalds Corp |
7,920.00%
6,817
|
$1,795,870,000 | 2.44% |
| Corteva Inc |
Closed
28,093
|
$1,609,729,000 | |
| Oreilly Automotive Inc |
No change
1,712
|
$1,555,968,000 | 2.12% |
| Autozone Inc. |
No change
573
|
$1,455,414,000 | 1.98% |
| Berkshire Hathaway Inc. |
No change
679
|
$237,854,000 | 0.32% |
| Invesco Exchange Traded Fd T |
No change
1,457
|
$131,086,000 | 0.18% |
| Vanguard Index Fds |
No change
467
|
$99,195,000 | 0.14% |
| Lowes Cos Inc |
No change
435
|
$90,410,000 | 0.12% |
| Visa Inc |
No change
312
|
$71,763,000 | 0.10% |
| Aon plc. |
No change
180
|
$58,360,000 | 0.08% |
| Union Pac Corp |
No change
170
|
$34,617,000 | 0.05% |
| Illinois Tool Wks Inc |
No change
105
|
$24,183,000 | 0.03% |
| Pepsico Inc |
No change
140
|
$23,722,000 | 0.03% |
| Progressive Corp. |
No change
170
|
$23,681,000 | 0.03% |
| Oracle Corp. |
No change
215
|
$22,773,000 | 0.03% |
| Cisco Sys Inc |
No change
369
|
$19,837,000 | 0.03% |
| Qualcomm, Inc. |
No change
173
|
$19,213,000 | 0.03% |
| Schwab Charles Corp |
No change
328
|
$18,007,000 | 0.02% |
| Merck Co Inc |
No change
174
|
$17,913,000 | 0.02% |
| Jpmorgan Chase Co |
No change
115
|
$16,677,000 | 0.02% |
| American Tower Corp. |
No change
85
|
$13,978,000 | 0.02% |
| Disney Walt Co |
No change
155
|
$12,563,000 | 0.02% |
| United Parcel Service, Inc. |
No change
80
|
$12,470,000 | 0.02% |
| Target Corp |
No change
105
|
$11,610,000 | 0.02% |
| Boeing Co. |
No change
60
|
$11,501,000 | 0.02% |
| Iron Mtn Inc Del |
No change
185
|
$10,998,000 | 0.01% |
| Goldman Sachs Group, Inc. |
No change
33
|
$10,678,000 | 0.01% |
| General Mls Inc |
Closed
137
|
$10,298,000 | |
| Emerson Elec Co |
Opened
105
|
$10,140,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 44 holdings | |||
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