Firetrail Investments PTY Ltd 13F annual report
Firetrail Investments PTY Ltd is an investment fund managing more than $330 billion ran by Ian Wang. There are currently 27 companies in Mr. Wang’s portfolio. The largest investments include Microsoft and Interactive Brokers Inc, together worth $53.9 billion.
$330 billion Assets Under Management (AUM)
As of 1st August 2024, Firetrail Investments PTY Ltd’s top holding is 74,934 shares of Microsoft currently worth over $33.5 billion and making up 10.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Firetrail Investments PTY Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 166,573 shares of Interactive Brokers Inc worth $20.4 billion, whose value grew 15.9% in the past six months.
The third-largest holding is Alphabet Inc worth $17.8 billion and the next is Mckesson worth $17.5 billion, with 29,909 shares owned.
Currently, Firetrail Investments PTY Ltd's portfolio is worth at least $330 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 Firetrail Investments PTY Ltd
The Firetrail Investments PTY Ltd office and employees reside in Brisbane, Qld, Australia. According to the last 13-F report filed with the SEC, Ian Wang serves as the Investment Compliance Manager at Firetrail Investments PTY Ltd.
Recent trades
In the most recent 13F filing, Firetrail Investments PTY Ltd revealed that it had opened a new position in
Gxo Logistics Inc and bought 200,126 shares worth $10.1 billion.
The investment fund also strengthened its position in Microsoft by buying
46,010 additional shares.
This makes their stake in Microsoft total 74,934 shares worth $33.5 billion.
Microsoft soared 22.6% in the past year.
On the other hand, there are companies that Firetrail Investments PTY Ltd is getting rid of from its portfolio.
Firetrail Investments PTY Ltd closed its position in Chubb Ltd on 7th August 2024.
It sold the previously owned 21,705 shares for $5.27 billion.
One of the smaller hedge funds
The two most similar investment funds to Firetrail Investments PTY Ltd are Whitener Capital Management, Inc and Prism Advisors. They manage $330 billion and $330 billion respectively.
Ian Wang investment strategy
Firetrail Investments PTY Ltd’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 26.7% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% 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
59% 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 $206 billion.
The complete list of Firetrail Investments PTY Ltd trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| Microsoft Corporation |
159.07%
74,934
|
$33,491,751,000 | 10.16% |
| Interactive Brokers Group Inc |
113.83%
166,573
|
$20,421,850,000 | 6.19% |
| Alphabet Inc |
18.77%
97,839
|
$17,821,374,000 | 5.41% |
| Mckesson Corporation |
114.36%
29,909
|
$17,468,052,000 | 5.30% |
| Tsmc |
86.20%
97,554
|
$16,955,861,000 | 5.14% |
| Elevance Health Inc |
161.39%
29,900
|
$16,201,614,000 | 4.91% |
| Booking Holdings Inc |
93.18%
3,991
|
$15,810,347,000 | 4.80% |
| Visa Inc |
122.35%
59,601
|
$15,643,474,000 | 4.74% |
| Micron Technology Inc. |
15.02%
110,800
|
$14,573,524,000 | 4.42% |
| Ecolab, Inc. |
61.31%
54,437
|
$12,956,006,000 | 3.93% |
| Tenable Holdings Inc |
128.07%
292,404
|
$12,742,966,000 | 3.87% |
| American Tower Corp. |
128.19%
65,151
|
$12,664,051,000 | 3.84% |
| Ryan Specialty Holdings Inc |
127.99%
216,630
|
$12,545,043,000 | 3.81% |
| Autozone Inc. |
53.35%
3,800
|
$11,263,580,000 | 3.42% |
| Gxo Logistics Inc |
Opened
200,126
|
$10,106,363,000 | 3.07% |
| Equifax, Inc. |
Opened
39,078
|
$9,474,852,000 | 2.87% |
| HDFC Bank Ltd. |
127.98%
146,176
|
$9,403,502,000 | 2.85% |
| Advanced Micro Devices Inc. |
Opened
57,650
|
$9,351,407,000 | 2.84% |
| Trane Technologies plc |
Opened
27,270
|
$8,969,921,000 | 2.72% |
| United Rentals, Inc. |
22.68%
13,183
|
$8,525,842,000 | 2.59% |
| Aptiv PLC |
196.91%
114,469
|
$8,060,907,000 | 2.44% |
| Ulta Beauty Inc |
Opened
18,963
|
$7,317,253,000 | 2.22% |
| Rayonier Inc. |
128.14%
244,606
|
$7,115,589,000 | 2.16% |
| Gates Industrial Corp Plc |
Opened
437,459
|
$6,916,227,000 | 2.10% |
| Darling Ingredients Inc |
128.00%
176,898
|
$6,501,002,000 | 1.97% |
| Builders Firstsource Inc |
132.27%
39,369
|
$5,449,063,000 | 1.65% |
| Chubb Ltd |
Closed
21,705
|
$5,269,322,000 | |
| Newmont Corp |
Closed
110,807
|
$3,839,462,000 | |
| Life360 Inc |
Opened
60,000
|
$1,943,400,000 | 0.59% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
Hedge funds similar to Firetrail Investments PTY Ltd
- Watchman
- Maia Wealth
- Wealth Ltd
- Grace & Mercy Foundation
- Oak Hill Wealth Advisors
- Prism Advisors
- Whitener Capital Management, Inc
- World Equity Group, Inc
- High Net Worth Advisory
- Cypress Capital
- Chi Advisors
- Covenant Partners
- Periscope Capital
- Dorsey Wright & Associates