First Trust Capital Management L.P. 13F annual report
First Trust Capital Management L.P. is an investment fund managing more than $1.1 trillion ran by Meredith Weeks. There are currently 104 companies in Mrs. Weeks’s portfolio. The largest investments include Encore Wire and Powerschool Holdings Inc, together worth $187 billion.
$1.1 trillion Assets Under Management (AUM)
As of 7th August 2024, First Trust Capital Management L.P.’s top holding is 490,485 shares of Encore Wire currently worth over $142 billion and making up 13.0% of the portfolio value.
Relative to the number of outstanding shares of Encore Wire, First Trust Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 2,024,892 shares of Powerschool Holdings Inc worth $45.3 billion.
The third-largest holding is Hashicorp Inc worth $44.3 billion and the next is Endeavor Group Hldgs Inc worth $42.1 billion, with 1,556,182 shares owned.
Currently, First Trust Capital Management L.P.'s portfolio is worth at least $1.1 trillion. 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 First Trust Capital Management L.P.
The First Trust Capital Management L.P. office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Meredith Weeks serves as the Compliance Manager at First Trust Capital Management L.P..
Recent trades
In the most recent 13F filing, First Trust Capital Management L.P. revealed that it had opened a new position in
Encore Wire and bought 490,485 shares worth $142 billion.
This means they effectively own approximately 0.1% of the company.
Encore Wire makes up
82.5%
of the fund's Technology sector allocation and has grown its share price by 74.6% in the past year.
The investment fund also strengthened its position in Spring Valley Acquistn Corp by buying
564,723 additional shares.
This makes their stake in Spring Valley Acquistn Corp total 2,017,489 shares worth $22.4 billion.
On the other hand, there are companies that First Trust Capital Management L.P. is getting rid of from its portfolio.
First Trust Capital Management L.P. closed its position in American Eqty Invt Life Hld on 14th August 2024.
It sold the previously owned 1,473,868 shares for $82.9 billion.
Meredith Weeks also disclosed a decreased stake in Churchill Capital Corp VII by 0.1%.
This leaves the value of the investment at $28.3 billion and 2,631,060 shares.
One of the average hedge funds
The two most similar investment funds to First Trust Capital Management L.P. are Stephens Group Asset Management and Sp Asset Management. They manage $1.1 trillion and $1.1 trillion respectively.
Meredith Weeks investment strategy
First Trust Capital Management L.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 15.7% of
the total portfolio value.
The fund focuses on investments in the United States as
16.3% 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
5% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $7.43 billion.
The complete list of First Trust Capital Management L.P. 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 |
|---|---|---|---|
| Encore Wire Corp. |
Opened
490,485
|
$142,157,268,000 | 12.96% |
| American Eqty Invt Life Hld |
Closed
1,473,868
|
$82,860,859,000 | |
| Tricon Residential Inc |
Closed
7,408,447
|
$82,604,184,000 | |
| Pioneer Nat Res Co |
Closed
286,825
|
$75,291,563,000 | |
| M.D.C. Holdings, Inc. |
Closed
1,182,553
|
$74,394,409,000 | |
| Screaming Eagle Acquisitn Co |
Closed
6,459,800
|
$69,119,860,000 | |
| Masonite Intl Corp |
Closed
474,629
|
$62,389,982,000 | |
| Powerschool Holdings Inc |
Opened
2,024,892
|
$45,337,332,000 | 4.13% |
| Hashicorp Inc |
Opened
1,314,754
|
$44,294,062,000 | 4.04% |
| Endeavor Group Hldgs Inc |
Opened
1,556,182
|
$42,063,600,000 | 3.83% |
| Equitrans Midstream Corporation |
Opened
3,027,171
|
$39,292,680,000 | 3.58% |
| Nuvei Corporation |
Opened
1,077,087
|
$34,876,077,000 | 3.18% |
| Assetmark Finl Hldgs Inc |
Opened
855,208
|
$29,547,437,000 | 2.69% |
| Perficient Inc. |
Opened
387,252
|
$28,962,577,000 | 2.64% |
| Rigel Resource Acq Corp |
No change
2,504,677
|
$28,377,990,000 | 2.59% |
| Churchill Capital Corp VII |
13.65%
2,631,060
|
$28,336,516,000 | 2.58% |
| U.S. Silica Holdings Inc |
Opened
1,711,384
|
$26,440,883,000 | 2.41% |
| Spring Valley Acquistn Corp |
38.87%
2,017,489
|
$22,434,478,000 | 2.05% |
| Avangrid Inc |
Opened
630,985
|
$22,418,897,000 | 2.04% |
| WestRock Co |
Opened
420,069
|
$21,112,668,000 | 1.92% |
| Kaman Corp. |
Closed
449,395
|
$20,613,748,000 | |
| Eagle Bulk Shipping Inc |
Closed
329,332
|
$20,573,370,000 | |
| Ares Acquisition Corp Ii |
0.00%
1,895,233
|
$20,222,136,000 | 1.84% |
| Tortoiseecofin Acquisition C |
Closed
1,694,767
|
$18,252,641,000 | |
| Hibbett Inc |
Opened
205,999
|
$17,965,173,000 | 1.64% |
| Cartesian Growth Corp Ii |
No change
1,578,232
|
$17,794,566,000 | 1.62% |
| Silk Rd Med Inc |
Opened
644,820
|
$17,435,933,000 | 1.59% |
| Marathon Oil Corporation |
Opened
607,429
|
$17,414,989,000 | 1.59% |
| Nabors Energy Transition Cor |
No change
1,648,492
|
$17,358,621,000 | 1.58% |
| Investcorp India Acquistn Co |
No change
1,455,837
|
$16,523,750,000 | 1.51% |
| Keen Vision Acquisition Corp |
No change
1,441,000
|
$15,247,221,000 | 1.39% |
| Palmer Square Capital Bdc In |
No change
911,854
|
$14,735,561,000 | 1.34% |
| Concord Acquisition Corp Ii |
Closed
1,393,734
|
$14,655,113,000 | |
| Overseas Shipholding Group I |
Opened
1,540,985
|
$13,067,553,000 | 1.19% |
| AP Acquisition Corp |
No change
1,116,407
|
$12,782,860,000 | 1.17% |
| Inflection Pt Acquisitn Crp |
0.00%
1,202,978
|
$12,751,567,000 | 1.16% |
| Project Energy Reimagined Ac |
No change
1,085,400
|
$11,771,163,000 | 1.07% |
| Patria Latin Amrcn Opprnty A |
42.14%
969,800
|
$11,089,663,000 | 1.01% |
| Tristar Acquisition I Corp. |
Closed
1,004,309
|
$11,007,227,000 | |
| Haymaker Acquisition Corp Iv |
0.11%
1,038,341
|
$10,912,964,000 | 0.99% |
| Israel Acquisitions Corp |
0.31%
950,101
|
$10,451,111,000 | 0.95% |
| Cerevel Therapeutics Hldng I |
9.14%
250,985
|
$10,262,777,000 | 0.94% |
| Pyrophyte Acquisition Corp. |
0.01%
889,786
|
$10,179,152,000 | 0.93% |
| Carrols Restaurant Group Inc. |
Closed
1,067,091
|
$10,148,035,000 | |
| Enerplus Corporation |
Closed
485,119
|
$9,537,440,000 | |
| Learn Cw Investment Cor |
Opened
840,458
|
$9,160,992,000 | 0.84% |
| Alpha Star Acquisition Corp |
No change
768,539
|
$8,861,255,000 | 0.81% |
| Melar Acquisition Corp. I |
Opened
873,652
|
$8,736,520,000 | 0.80% |
| Generation Asia I Acquisitio |
Closed
765,746
|
$8,438,521,000 | |
| Mountain & Co I Acquisitn Co |
82.19%
709,644
|
$8,267,353,000 | 0.75% |
| Infint Acquisition Corp |
No change
693,076
|
$8,081,266,000 | 0.74% |
| Walkme Ltd |
Opened
550,000
|
$7,683,500,000 | 0.70% |
| Stericycle Inc. |
Opened
127,467
|
$7,409,657,000 | 0.68% |
| Aimei Health Technology Co L |
No change
680,000
|
$7,038,000,000 | 0.64% |
| Zalatoris Ii Acquisition Cor |
Closed
644,000
|
$6,980,960,000 | |
| Valuence Merger Corp I |
Closed
614,861
|
$6,960,227,000 | |
| Black Hawk Acquisition Corp |
Opened
670,000
|
$6,793,800,000 | 0.62% |
| Eve Mobility Acquisition Cor |
No change
609,120
|
$6,694,229,000 | 0.61% |
| Black Hawk Acquisition Corp |
Closed
650,000
|
$6,597,500,000 | |
| Bowen Acquisition Corp |
No change
621,000
|
$6,551,550,000 | 0.60% |
| Apx Acquisition Corp I |
No change
554,066
|
$6,432,706,000 | 0.59% |
| Dt Cloud Acquisition Corp |
Opened
621,000
|
$6,334,200,000 | 0.58% |
| Compass Digital Acquisitn Co |
No change
578,969
|
$6,299,183,000 | 0.57% |
| Oak Woods Acquisition Corp |
No change
570,368
|
$6,205,604,000 | 0.57% |
| Alphavest Acquisition Corp |
No change
556,839
|
$6,141,934,000 | 0.56% |
| Enphys Acquisition Corp. |
Closed
549,819
|
$5,949,042,000 | |
| Burtech Acquisition Corp |
3.89%
529,976
|
$5,893,333,000 | 0.54% |
| Horizon Space Acqustn I Corp |
No change
526,871
|
$5,816,656,000 | 0.53% |
| Bayview Acquisition Corp |
No change
565,000
|
$5,785,600,000 | 0.53% |
| Investcorp Europe Acquisitio |
48.45%
506,144
|
$5,744,734,000 | 0.52% |
| Colombier Acquisition Corp I |
No change
554,997
|
$5,702,594,000 | 0.52% |
| Bukit Jalil Gbl Acquisition |
No change
534,700
|
$5,673,167,000 | 0.52% |
| Global Lights Acquisition Co |
No change
550,000
|
$5,667,750,000 | 0.52% |
| Ai Transn Acquisition Corp |
20.00%
540,000
|
$5,590,782,000 | 0.51% |
| Jvspac Acquisition Corp |
15.00%
517,500
|
$5,257,800,000 | 0.48% |
| Embrace Change Acquisitn Cor |
No change
461,455
|
$5,191,369,000 | 0.47% |
| Chenghe Acquisition Ii Co |
Opened
500,000
|
$5,005,000,000 | 0.46% |
| Integrated Wellness Acq Corp |
No change
430,000
|
$4,979,400,000 | 0.45% |
| Kensington Capital Acquisiti |
No change
448,068
|
$4,966,834,000 | 0.45% |
| Alchemy Invts Acquisitn Corp |
0.02%
450,292
|
$4,827,130,000 | 0.44% |
| Evergreen Corporation |
47.14%
419,756
|
$4,818,799,000 | 0.44% |
| Cslm Acquisition Corp |
Closed
429,021
|
$4,736,392,000 | |
| Alphatime Acquisition Corp |
No change
426,530
|
$4,721,687,000 | 0.43% |
| Goldenstone Acquisition Ltd |
Closed
428,536
|
$4,721,010,000 | |
| Finnovate Acquisition Corp |
29.25%
410,455
|
$4,699,710,000 | 0.43% |
| Coliseum Acquisition Corp |
No change
424,001
|
$4,647,051,000 | 0.42% |
| Feutune Light Acquisition Co |
Closed
417,839
|
$4,508,483,000 | |
| Andretti Acquisition Corp. |
Closed
410,223
|
$4,483,737,000 | |
| 99 Acquisition Group Inc |
No change
400,000
|
$4,200,560,000 | 0.38% |
| Chenghe Acquisition I Co |
No change
367,260
|
$4,183,091,000 | 0.38% |
| Tenx Keane Acquisition |
Closed
373,806
|
$4,134,294,000 | |
| Slam Corp |
0.61%
366,754
|
$4,078,304,000 | 0.37% |
| Distoken Acquisition Corp |
Closed
377,222
|
$4,058,909,000 | |
| Blue Ocean Acquisition Corp |
23.64%
344,149
|
$3,840,703,000 | 0.35% |
| Ix Acquisition Corp |
12.05%
334,402
|
$3,812,183,000 | 0.35% |
| Battery Future Acquisition C |
33.70%
331,481
|
$3,659,550,000 | 0.33% |
| Cf Acquisition Corp Vii |
44.82%
328,590
|
$3,607,918,000 | 0.33% |
| Aimfinity Investment Corp I |
Closed
320,000
|
$3,558,400,000 | |
| Tlgy Acquisition Corporation |
9.23%
302,847
|
$3,467,598,000 | 0.32% |
| Fintech Ecosystem Deve |
Closed
288,097
|
$3,169,067,000 | |
| Blue World Acquisition Corp |
No change
276,233
|
$3,110,384,000 | 0.28% |
| Agriculture & Nat Sol Acq Co |
Opened
297,911
|
$3,050,609,000 | 0.28% |
| Spark I Acquisition Corp |
No change
291,138
|
$3,013,278,000 | 0.27% |
| Lionheart Holdings |
Opened
300,000
|
$2,996,130,000 | 0.27% |
| Cartica Acquisition Corp |
28.74%
243,397
|
$2,752,820,000 | 0.25% |
| Legato Merger Corp Iii |
Closed
257,169
|
$2,606,408,000 | |
| Legato Merger Corp Iii |
Opened
253,667
|
$2,565,410,000 | 0.23% |
| Arya Sciences Acqu Corp Iv |
Closed
211,632
|
$2,376,627,000 | |
| Fusion Pharmaceuticals Inc. |
Closed
107,737
|
$2,296,953,000 | |
| SDCL EDGE Acquisition Corp |
84.22%
206,792
|
$2,280,916,000 | 0.21% |
| Amedisys Inc. |
18.57%
23,745
|
$2,179,791,000 | 0.20% |
| Golden Star Acquisition Corp |
Closed
178,700
|
$1,870,989,000 | |
| Hireright Holdings Corporati |
Closed
123,890
|
$1,767,910,000 | |
| Albertsons Cos Inc |
23.25%
88,933
|
$1,756,427,000 | 0.16% |
| Tmt Acquisition Corp |
211.22%
150,709
|
$1,654,785,000 | 0.15% |
| Swiftmerge Acquisition Corp |
Opened
144,934
|
$1,585,578,000 | 0.14% |
| Axonics Inc |
23.29%
21,198
|
$1,425,141,000 | 0.13% |
| Powerup Acquisition Corp |
Closed
128,449
|
$1,414,866,000 | |
| Cactus Acquisition Corp 1 Lt |
1.91%
112,955
|
$1,282,039,000 | 0.12% |
| United States Stl Corp New |
23.31%
33,801
|
$1,277,678,000 | 0.12% |
| Juniper Networks Inc |
23.29%
33,706
|
$1,228,920,000 | 0.11% |
| Lakeland Bancorp, Inc. |
Closed
101,468
|
$1,227,763,000 | |
| Heartland Finl Usa Inc |
Opened
26,722
|
$1,187,793,000 | 0.11% |
| Nustar Energy Lp |
Closed
48,794
|
$1,135,436,000 | |
| Bynordic Acquisition Corp |
No change
95,514
|
$1,078,391,000 | 0.10% |
| Catalent Inc. |
23.29%
19,028
|
$1,069,944,000 | 0.10% |
| Vizio Hldg Corp |
23.25%
97,042
|
$1,048,054,000 | 0.10% |
| Global Star Acquisition Inc |
Closed
96,796
|
$1,036,685,000 | |
| Championx Corporation |
Opened
29,355
|
$974,880,000 | 0.09% |
| Daseke Inc |
Closed
88,055
|
$730,857,000 | |
| SP Plus Corp |
Closed
13,958
|
$728,887,000 | |
| Metal Sky Star Acquisition C |
No change
63,505
|
$720,782,000 | 0.07% |
| Target Global Acquisi I Corp |
No change
58,418
|
$665,381,000 | 0.06% |
| Capri Holdings Limited |
21.92%
14,989
|
$495,836,000 | 0.05% |
| Everbridge Inc |
Closed
13,800
|
$480,654,000 | |
| Plains All Amern Pipeline L |
80.07%
25,633
|
$453,532,000 | 0.04% |
| Energy Transfer L P |
82.33%
28,230
|
$450,310,000 | 0.04% |
| First Tr Exch Traded Fd Iii |
No change
22,222
|
$384,885,000 | 0.04% |
| Western Midstream Partners L |
Closed
7,296
|
$259,362,000 | |
| MPLX LP |
Closed
5,885
|
$244,583,000 | |
| Enterprise Prods Partners L |
Closed
7,510
|
$219,148,000 | |
| Ansys Inc. |
Opened
110
|
$35,365,000 | 0.00% |
| Discover Finl Svcs |
97.75%
259
|
$33,880,000 | 0.00% |
| Hess Corporation |
Opened
216
|
$31,864,000 | 0.00% |
| National Westn Life Group In |
99.84%
64
|
$31,804,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 145 holdings | |||
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