Atlas Principals 13F annual report

Atlas Principals is an investment fund managing more than $300 thousand ran by Seth Wilfong. There are currently 2 companies in Mr. Wilfong’s portfolio. The largest investments include Snowflake and Palantir Technologies, together worth $300 thousand.

$300 thousand Assets Under Management (AUM)

As of 8th August 2022, Atlas Principals’s top holding is 1,500 shares of Snowflake currently worth over $209 thousand and making up 69.7% of the portfolio value. Relative to the number of outstanding shares of Snowflake, Atlas Principals owns more than approximately 0.1% of the company. In addition, the fund holds 10,000 shares of Palantir Technologies worth $91 thousand, whose value fell 30.1% in the past six months.

Currently, Atlas Principals's portfolio is worth at least $300 thousand. 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 Atlas Principals

The Atlas Principals office and employees reside in Charlotte, North Carolina. According to the last 13-F report filed with the SEC, Seth Wilfong serves as the Co-Founder, Chief Investment Officer, and CCO at Atlas Principals.

Recent trades

In the most recent 13F filing, Atlas Principals revealed that it had opened a new position in Snowflake and bought 1,500 shares worth $209 thousand.

On the other hand, there are companies that Atlas Principals is getting rid of from its portfolio. Atlas Principals closed its position in PayPal Inc on 15th August 2022. It sold the previously owned 10,000 shares for $1.16 million. Seth Wilfong also disclosed a decreased stake in Palantir Technologies by 1.0%. This leaves the value of the investment at $91 thousand and 10,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Atlas Principals are Blue Rock Advisors and Value Monitoring. They manage $280 thousand and $270 thousand respectively.

Seth Wilfong investment strategy

Atlas Principals’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Technology — making up 100.0% of the total portfolio value. The fund focuses on investments in the United States as 100.0% 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 100% 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 $35.7 billion.

The complete list of Atlas Principals trades based on 13F SEC filings

These positions were updated on August 15th 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
PayPal Holdings Inc	Closed 10,000	$1,157,000
Unity Software Inc.	Closed 5,000	$496,000
Snowflake Inc.	Opened 1,500	$209,000	69.67%
Palantir Technologies Inc.	95.35% 10,000	$91,000	30.33%
No transactions found
Showing first 500 out of 4 holdings