Bloom Tree Partners 13F annual report

Bloom Tree Partners is an investment fund managing more than $215 billion ran by Nitin Wadke. There are currently 20 companies in Wadke’s portfolio. The largest investments include Petroleo Brasileiro Sa Petro and JD.com Inc, together worth $36.5 billion.

$215 billion Assets Under Management (AUM)

As of 4th August 2023, Bloom Tree Partners’s top holding is 1,616,878 shares of Petroleo Brasileiro Sa Petro currently worth over $20 billion and making up 9.3% of the portfolio value. In addition, the fund holds 483,237 shares of JD.com Inc worth $16.5 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Alphabet Inc worth $15.8 billion and the next is Crown worth $14.7 billion, with 169,244 shares owned.

Currently, Bloom Tree Partners's portfolio is worth at least $215 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 Bloom Tree Partners

The Bloom Tree Partners office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Nitin Wadke serves as the Chief Financial Officer at Bloom Tree Partners.

Recent trades

In the most recent 13F filing, Bloom Tree Partners revealed that it had opened a new position in Crown and bought 169,244 shares worth $14.7 billion. This means they effectively own approximately 0.1% of the company. Crown makes up 100.0% of the fund's Materials sector allocation and has decreased its share price by 8.5% in the past year.

The investment fund also strengthened its position in Petroleo Brasileiro Sa Petro by buying 43,307 additional shares. This makes their stake in Petroleo Brasileiro Sa Petro total 1,616,878 shares worth $20 billion.

On the other hand, there are companies that Bloom Tree Partners is getting rid of from its portfolio. Bloom Tree Partners closed its position in BP plc on 11th August 2023. It sold the previously owned 296,275 shares for $11.2 billion. Nitin Wadke also disclosed a decreased stake in Workday Inc by 0.3%. This leaves the value of the investment at $12.9 billion and 57,208 shares.

One of the smaller hedge funds

The two most similar investment funds to Bloom Tree Partners are Elmwood Wealth Management and Rba Wealth Management. They manage $215 billion and $214 billion respectively.

Nitin Wadke investment strategy

Bloom Tree Partners’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 31.7% of the total portfolio value. The fund focuses on investments in the United States as 50.0% 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 40% 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 $143 billion.

The complete list of Bloom Tree Partners trades based on 13F SEC filings

These positions were updated on August 11th 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
Petroleo Brasileiro Sa Petro	2.75% 1,616,878	$20,000,781,000	9.32%
JD.com Inc	99.36% 483,237	$16,492,879,000	7.69%
Alphabet Inc	0.95% 130,317	$15,764,447,000	7.35%
Crown Holdings, Inc.	Opened 169,244	$14,702,226,000	6.85%
Citigroup Inc	3.59% 294,954	$13,579,682,000	6.33%
Okta Inc	Opened 192,341	$13,338,848,000	6.22%
Workday Inc	27.09% 57,208	$12,922,715,000	6.02%
Taiwan Semiconductor Mfg Ltd	Opened 119,965	$12,106,868,000	5.64%
Freshworks Inc	82.32% 684,390	$12,031,576,000	5.61%
BP plc	Closed 296,275	$11,240,674,000
Salesforce Inc	47.57% 51,249	$10,826,864,000	5.05%
Apollo Global Mgmt Inc	24.91% 136,598	$10,492,092,000	4.89%
Centene Corp.	50.42% 155,353	$10,478,560,000	4.88%
Qualtrics International Inc.	Closed 577,534	$10,297,431,000
American Intl Group Inc	170.26% 178,744	$10,284,930,000	4.79%
XP Inc	Closed 708,223	$8,406,607,000
Nxp Semiconductors N V	110.85% 40,633	$8,316,762,000	3.88%
Asana, Inc.	Closed 391,901	$8,280,868,000
Uber Technologies Inc	Closed 232,296	$7,363,783,000
Smartsheet Inc	3.64% 165,694	$6,339,452,000	2.95%
Elastic N.V	69.39% 98,767	$6,332,940,000	2.95%
Tenable Holdings Inc	Opened 138,271	$6,021,702,000	2.81%
VNET Group Inc	3.06% 1,868,725	$5,419,303,000	2.53%
Capri Holdings Limited	Closed 112,372	$5,281,484,000
Disney Walt Co	Opened 57,691	$5,150,652,000	2.40%
Analog Devices Inc.	2.31% 20,363	$3,966,916,000	1.85%
No transactions found
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