Alden Global Capital is an investment fund managing more than $20.1 billion ran by Michael Monticciolo. There are currently 10 companies in Mr. Monticciolo’s portfolio. The largest investments include Amazon.com and Microsoft, together worth $6.28 billion.
As of 7th August 2023, Alden Global Capital’s top holding is 28,135 shares of Amazon.com currently worth over $3.67 billion and making up 18.2% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Alden Global Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 7,672 shares of Microsoft worth $2.61 billion, whose value grew 17.9% in the past six months.
The third-largest holding is Crowdstrike Inc worth $2.6 billion and the next is Uber Technologies Inc worth $2.57 billion, with 59,511 shares owned.
Currently, Alden Global Capital's portfolio is worth at least $20.1 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 Alden Global Capital office and employees reside in West Palm Beach, Florida. According to the last 13-F report filed with the SEC, Michael Monticciolo serves as the Chief Legal and Compliance Officer at Alden Global Capital.
In the most recent 13F filing, Alden Global Capital revealed that it had opened a new position in
Amazon.com and bought 28,135 shares worth $3.67 billion.
On the other hand, there are companies that Alden Global Capital is getting rid of from its portfolio.
Alden Global Capital closed its position in Great Elm Cap Corp on 14th August 2023.
It sold the previously owned 300,762 shares for $3.76 million.
Michael Monticciolo also disclosed a decreased stake in Great Elm Group Inc by approximately 0.1%.
This leaves the value of the investment at $2.52 billion and 1,228,241 shares.
The two most similar investment funds to Alden Global Capital are Avenir Management and Ci Investments Inc. They manage $20.2 billion and $19.8 billion respectively.
Alden Global Capital’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 38.7% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
40% 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 $398 billion.
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 |
|---|---|---|---|
| Amazon.com Inc. |
Opened
28,135
|
$3,667,679,000 | 18.24% |
| Microsoft Corporation |
Opened
7,672
|
$2,612,623,000 | 12.99% |
| Crowdstrike Holdings Inc |
Opened
17,733
|
$2,604,446,000 | 12.95% |
| Uber Technologies Inc |
Opened
59,511
|
$2,569,090,000 | 12.78% |
| Great Elm Group Inc |
4.19%
1,228,241
|
$2,517,894,000 | 12.52% |
| Alibaba Group Hldg Ltd |
Opened
26,239
|
$2,187,021,000 | 10.88% |
| Chart Inds Inc |
Opened
9,775
|
$1,561,947,000 | 7.77% |
| Western Midstream Partners L |
Opened
39,224
|
$1,040,220,000 | 5.17% |
| Energy Transfer L P |
Opened
80,550
|
$1,022,985,000 | 5.09% |
| Whole Earth Brands, Inc. |
Opened
80,178
|
$322,316,000 | 1.60% |
| Great Elm Cap Corp |
Closed
300,762
|
$3,760,000 | |
| New Oriental Ed & Technology |
Closed
180,400
|
$3,673,000 | |
| Full Truck Alliance Co. Ltd. |
Closed
255,600
|
$2,316,000 | |
| Algoma Stl Group Inc |
Closed
17,564
|
$158,000 | |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||