L1 Capital International PTY Ltd 13F annual report
L1 Capital International PTY Ltd is an investment fund managing more than $250 billion ran by Joel Arber. There are currently 19 companies in Mr. Arber’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $48.7 billion.
$250 billion Assets Under Management (AUM)
As of 7th August 2024, L1 Capital International PTY Ltd’s top holding is 57,224 shares of Microsoft currently worth over $26.1 billion and making up 10.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, L1 Capital International PTY Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 114,373 shares of Amazon.com worth $22.6 billion, whose value fell 0.4% in the past six months.
The third-largest holding is Booking Inc worth $20 billion and the next is CRH Plc worth $16.2 billion, with 221,733 shares owned.
Currently, L1 Capital International PTY Ltd's portfolio is worth at least $250 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 L1 Capital International PTY Ltd
The L1 Capital International PTY Ltd office and employees reside in Sydney Nsw 2000, Australia. According to the last 13-F report filed with the SEC, Joel Arber serves as the Chief Operating Officer at L1 Capital International PTY Ltd.
Recent trades
In the most recent 13F filing, L1 Capital International PTY Ltd revealed that it had opened a new position in
American Express Co and bought 21,292 shares worth $4.98 billion.
This means they effectively own approximately 0.1% of the company.
American Express Co makes up
14.8%
of the fund's Finance sector allocation and has grown its share price by 43.9% in the past year.
The investment fund also strengthened its position in Microsoft by buying
4,694 additional shares.
This makes their stake in Microsoft total 57,224 shares worth $26.1 billion.
Microsoft soared 27.8% in the past year.
On the other hand, there are companies that L1 Capital International PTY Ltd is getting rid of from its portfolio.
L1 Capital International PTY Ltd closed its position in Wesco International on 14th August 2024.
It sold the previously owned 42,429 shares for $7.45 billion.
One of the smallest hedge funds
The two most similar investment funds to L1 Capital International PTY Ltd are 272 Capital L.P. and Mount Capital Ltd. They manage $250 billion and $250 billion respectively.
Joel Arber investment strategy
L1 Capital International PTY Ltd’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 19.9% of
the total portfolio value.
The fund focuses on investments in the United States as
63.2% 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
68% 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 $379 billion.
The complete list of L1 Capital International PTY Ltd 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 |
|---|---|---|---|
| Microsoft Corporation |
8.94%
57,224
|
$26,135,918,000 | 10.46% |
| Amazon.com Inc. |
27.94%
114,373
|
$22,554,356,000 | 9.03% |
| Booking Holdings Inc |
6.44%
5,157
|
$20,034,326,000 | 8.02% |
| CRH Plc |
6.46%
221,733
|
$16,177,640,000 | 6.48% |
| Unitedhealth Group Inc |
16.68%
31,602
|
$15,631,929,000 | 6.26% |
| Natural Resource Partners L |
5.20%
157,805
|
$15,543,793,000 | 6.22% |
| Aercap Holdings Nv |
135.66%
164,963
|
$15,232,683,000 | 6.10% |
| Mastercard Incorporated |
6.46%
31,397
|
$13,739,641,000 | 5.50% |
| Intercontinental Exchange In |
6.46%
100,306
|
$13,734,901,000 | 5.50% |
| HCA Healthcare Inc |
6.46%
43,546
|
$13,722,216,000 | 5.49% |
| Eagle Matls Inc |
18.13%
60,748
|
$13,017,689,000 | 5.21% |
| Marsh Mclennan Cos Inc |
6.46%
54,112
|
$11,377,048,000 | 4.56% |
| Visa Inc |
6.46%
40,893
|
$10,764,673,000 | 4.31% |
| Alphabet Inc |
6.46%
56,217
|
$10,371,474,000 | 4.15% |
| Coca-cola Europacific Partne |
6.46%
128,544
|
$9,387,568,000 | 3.76% |
| Wesco International, Inc. |
Closed
42,429
|
$7,450,108,000 | |
| CDW Corp |
54.26%
30,987
|
$6,792,041,000 | 2.72% |
| Intuit Inc |
40.63%
9,879
|
$6,428,957,000 | 2.57% |
| American Express Co. |
Opened
21,292
|
$4,978,283,000 | 1.99% |
| Danaher Corp. |
Closed
19,486
|
$4,828,436,000 | |
| CME Group Inc |
6.46%
21,198
|
$4,144,209,000 | 1.66% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
Hedge funds similar to L1 Capital International PTY Ltd
- Divergent Planning
- Stone Run Capital
- Aubrey Capital Management Ltd
- Reston Wealth Management
- First United Bank & Trust
- Valtinson Bruner Planning
- 272 Capital L.P.
- Mount Capital Ltd
- Rba Wealth Management
- Custos Family Office
- Bulldog Investors, LL.P.
- One Wealth Management Investment & Advisory Services
- Denver Pwm
- Kooman & Associates