Crawford Fund Management 13F annual report

Crawford Fund Management is an investment fund managing more than $126 billion ran by Jonathan Saunders. There are currently 30 companies in Mr. Saunders’s portfolio. The largest investments include United Therapeutics Corp and Uber Technologies Inc, together worth $18.8 billion.

$126 billion Assets Under Management (AUM)

As of 7th August 2024, Crawford Fund Management’s top holding is 33,600 shares of United Therapeutics Corp currently worth over $10.7 billion and making up 8.5% of the portfolio value. Relative to the number of outstanding shares of United Therapeutics Corp, Crawford Fund Management owns more than approximately 0.1% of the company. In addition, the fund holds 111,800 shares of Uber Technologies Inc worth $8.13 billion, whose value fell 10.2% in the past six months. The third-largest holding is Roku Inc worth $7.41 billion and the next is Interactive Brokers Group In worth $6.91 billion, with 56,400 shares owned.

Currently, Crawford Fund Management's portfolio is worth at least $126 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 Crawford Fund Management

The Crawford Fund Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Jonathan Saunders serves as the Chief Compliance Officer at Crawford Fund Management.

Recent trades

In the most recent 13F filing, Crawford Fund Management revealed that it had opened a new position in Uber Technologies Inc and bought 111,800 shares worth $8.13 billion. This means they effectively own approximately 0.1% of the company. Uber Technologies Inc makes up 71.7% of the fund's Technology sector allocation and has grown its share price by 58.4% in the past year.

The investment fund also strengthened its position in Roku Inc by buying 38,600 additional shares. This makes their stake in Roku Inc total 123,706 shares worth $7.41 billion. Roku Inc dropped 31.3% in the past year.

On the other hand, there are companies that Crawford Fund Management is getting rid of from its portfolio. Crawford Fund Management closed its position in Comcast Corp New on 14th August 2024. It sold the previously owned 91,400 shares for $3.96 billion. Jonathan Saunders also disclosed a decreased stake in Interactive Brokers Group In by 0.1%. This leaves the value of the investment at $6.91 billion and 56,400 shares.

One of the smallest hedge funds

The two most similar investment funds to Crawford Fund Management are Mainsail Asset Management and Priebe Wealth. They manage $126 billion and $126 billion respectively.

Jonathan Saunders investment strategy

Crawford Fund Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Finance — making up 14.1% 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 17% 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 $40.2 billion.

The complete list of Crawford Fund Management 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
United Therapeutics Corp	No change 33,600	$10,703,280,000	8.48%
Uber Technologies Inc	Opened 111,800	$8,125,624,000	6.44%
Roku Inc	45.36% 123,706	$7,413,701,000	5.87%
Interactive Brokers Group In	14.80% 56,400	$6,914,640,000	5.48%
Boston Beer Co., Inc.	111.11% 22,515	$6,868,201,000	5.44%
Nexstar Media Group Inc	No change 38,557	$6,400,848,000	5.07%
Nathans Famous Inc New	0.46% 87,310	$5,917,871,000	4.69%
Customers Bancorp Inc	4.45% 122,024	$5,854,711,000	4.64%
Nelnet Inc	12.32% 57,570	$5,806,511,000	4.60%
Graham Hldgs Co	No change 7,909	$5,532,741,000	4.38%
Royal Gold, Inc.	No change 43,127	$5,397,776,000	4.28%
Cheniere Energy Inc.	Opened 30,750	$5,376,023,000	4.26%
Texas Pacific Land Corporati	42.50% 7,125	$5,231,674,000	4.15%
XPEL Inc	181.29% 132,477	$4,657,433,000	3.69%
Comcast Corp New	Closed 91,400	$3,962,190,000
Wisdomtree Inc	51.71% 373,174	$3,698,154,000	2.93%
Atkore Inc	49.74% 27,243	$3,675,898,000	2.91%
Sprott Inc.	45.76% 88,739	$3,672,908,000	2.91%
Burford Cap Ltd	10.84% 256,746	$3,350,535,000	2.65%
Tesla Inc	5.08% 16,800	$3,324,384,000	2.63%
Clearfield Inc	25.06% 83,363	$3,212,722,000	2.55%
Mosaic Co New	Closed 91,500	$2,970,090,000
Seabridge Gold, Inc.	22.56% 210,589	$2,882,963,000	2.28%
Semler Scientific Inc	Closed 90,053	$2,630,448,000
Home Bancorp Inc	25.01% 61,525	$2,461,615,000	1.95%
Net Power Inc	No change 208,679	$2,051,315,000	1.63%
Plains Gp Hldgs L P	Closed 105,500	$1,925,375,000
Proto Labs Inc	39.92% 49,285	$1,522,413,000	1.21%
Hingham Instn Svgs Mass	16.21% 7,887	$1,410,826,000	1.12%
Montana Technologies Corp	Opened 127,093	$1,310,329,000	1.04%
Philip Morris International Inc	54.94% 11,400	$1,155,162,000	0.92%
Crocs Inc	81.59% 7,260	$1,059,524,000	0.84%
Vaneck Merk Gold Tr	24.57% 39,900	$896,154,000	0.71%
Graftech Intl Ltd	Closed 381,328	$526,233,000
Hyliion Holdings Corp.	No change 197,023	$319,178,000	0.25%
Hudson Global Inc	Closed 14,572	$257,195,000
Heritage Global Inc	Closed 93,500	$246,840,000
SelectQuote, Inc.	Closed 117,158	$234,316,000
Brightcove Inc	Closed 7,400	$14,356,000
No transactions found
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