P&s Credit Management, L.P. is an investment fund managing more than $14.9 billion ran by Marie Bober. There are currently 10 companies in Mrs. Bober’s portfolio. The largest investments include Freeport-mcmoran Copper-b and General Motors, together worth $5.94 billion.
As of 2nd January 2024, P&s Credit Management, L.P.’s top holding is 72,000 shares of Freeport-mcmoran Copper-b currently worth over $3.07 billion and making up 20.6% of the portfolio value.
In addition, the fund holds 80,000 shares of General Motors worth $2.87 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Cleveland-Cliffs Inc worth $2.45 billion and the next is Exxon Mobil worth $2.04 billion, with 20,446 shares owned.
Currently, P&s Credit Management, L.P.'s portfolio is worth at least $14.9 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.
The P&s Credit Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Marie Bober serves as the Director & Chief Compliance Officer/Senior Counsel at P&s Credit Management, L.P..
In the most recent 13F filing, P&s Credit Management, L.P. revealed that it had opened a new position in
General Motors and bought 80,000 shares worth $2.87 billion.
This means they effectively own approximately 0.1% of the company.
General Motors makes up
100.0%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 2.2% in the past year.
The investment fund also strengthened its position in Freeport-mcmoran Copper-b by buying
22,000 additional shares.
This makes their stake in Freeport-mcmoran Copper-b total 72,000 shares worth $3.07 billion.
On the other hand, there are companies that P&s Credit Management, L.P. is getting rid of from its portfolio.
P&s Credit Management, L.P. closed its position in Delta Air Lines on 9th January 2024.
It sold the previously owned 70,000 shares for $3.33 billion.
Marie Bober also disclosed a decreased stake in Southwestern by 0.3%.
This leaves the value of the investment at $1.08 billion and 165,000 shares.
The two most similar investment funds to P&s Credit Management, L.P. are Newfoundland Capital Management and Tuttle Capital Management. They manage $14.9 billion and $14.9 billion respectively.
P&s Credit Management, L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Energy — making up 31.2% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
20% 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 $88.5 billion.
These positions were updated on January 9th 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 |
|---|---|---|---|
| Delta Air Lines, Inc. |
Closed
70,000
|
$3,327,800,000 | |
| Freeport-mcmoran Copper-b |
44.00%
72,000
|
$3,065,040,000 | 20.63% |
| General Motors Company |
Opened
80,000
|
$2,873,600,000 | 19.34% |
| Cleveland-Cliffs Inc |
No change
120,000
|
$2,450,400,000 | 16.49% |
| Exxon Mobil Corp. |
70.38%
20,446
|
$2,044,191,000 | 13.76% |
| Southwestern Energy Company |
28.26%
165,000
|
$1,080,750,000 | 7.27% |
| Antero Resources Corp |
20.00%
40,000
|
$907,200,000 | 6.11% |
| Petroleo Brasileiro S.a.-adr |
Opened
45,000
|
$718,650,000 | 4.84% |
| Diamondback Ener |
60.00%
4,000
|
$620,320,000 | 4.18% |
| CNX Resources Corp |
40.00%
30,000
|
$600,000,000 | 4.04% |
| Tronox Inc |
65.00%
35,000
|
$495,600,000 | 3.34% |
| No transactions found | |||
| Showing first 500 out of 11 holdings | |||