Steamboat Capital Partners 13F annual report
Steamboat Capital Partners is an investment fund managing more than $272 billion ran by Parsa Kiai. There are currently 41 companies in Kiai’s portfolio. The largest investments include Alphabet Inc Cap Stk and Weatherford Intl Plc, together worth $38.9 billion.
$272 billion Assets Under Management (AUM)
As of 7th August 2024, Steamboat Capital Partners’s top holding is 109,875 shares of Alphabet Inc Cap Stk currently worth over $20.2 billion and making up 7.4% of the portfolio value.
In addition, the fund holds 153,024 shares of Weatherford Intl Plc worth $18.7 billion.
The third-largest holding is Meta Platforms Inc worth $16.7 billion and the next is Acm Resh Inc worth $16.1 billion, with 699,208 shares owned.
Currently, Steamboat Capital Partners's portfolio is worth at least $272 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 Steamboat Capital Partners
The Steamboat Capital Partners office and employees reside in Rye, New York. According to the last 13-F report filed with the SEC, Parsa Kiai serves as the Managing Member at Steamboat Capital Partners.
Recent trades
In the most recent 13F filing, Steamboat Capital Partners revealed that it had opened a new position in
Micron Technology and bought 50,000 shares worth $6.58 billion.
This means they effectively own approximately 0.1% of the company.
Micron Technology makes up
9.8%
of the fund's Technology sector allocation and has grown its share price by 42.7% in the past year.
The investment fund also strengthened its position in Apollo Global Mgmt Inc by buying
4,011 additional shares.
This makes their stake in Apollo Global Mgmt Inc total 127,011 shares worth $15 billion.
On the other hand, there are companies that Steamboat Capital Partners is getting rid of from its portfolio.
Steamboat Capital Partners closed its position in TFI International Inc on 14th August 2024.
It sold the previously owned 70,293 shares for $11.2 billion.
Parsa Kiai also disclosed a decreased stake in Alphabet Inc Cap Stk by 0.1%.
This leaves the value of the investment at $20.2 billion and 109,875 shares.
One of the smaller hedge funds
The two most similar investment funds to Steamboat Capital Partners are Indiana Trust & Investment Management Co and Fairhaven Wealth Management. They manage $272 billion and $273 billion respectively.
Parsa Kiai investment strategy
Steamboat Capital Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 24.7% of
the total portfolio value.
The fund focuses on investments in the United States as
48.8% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 4.9% of the portfolio.
The average market cap of the portfolio companies is close to $160 billion.
The complete list of Steamboat Capital Partners 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 |
|---|---|---|---|
| Alphabet Inc Cap Stk |
12.10%
109,875
|
$20,153,273,000 | 7.40% |
| Weatherford Intl Plc |
37.60%
153,024
|
$18,737,789,000 | 6.88% |
| Meta Platforms Inc |
4.64%
33,064
|
$16,671,530,000 | 6.12% |
| Acm Resh Inc |
0.11%
699,208
|
$16,123,736,000 | 5.92% |
| Apollo Global Mgmt Inc |
3.26%
127,011
|
$14,996,189,000 | 5.50% |
| Broadcom Inc |
27.13%
9,000
|
$14,449,772,000 | 5.30% |
| Tenet Healthcare Corp. |
9.94%
90,000
|
$11,972,700,000 | 4.39% |
| TFI International Inc |
Closed
70,293
|
$11,214,377,000 | |
| Dell Technologies Inc |
20.00%
80,000
|
$11,032,800,000 | 4.05% |
| Composecure Inc |
7.02%
1,498,289
|
$10,188,365,000 | 3.74% |
| Halozyme Therapeutics Inc. |
3.26%
177,555
|
$9,296,780,000 | 3.41% |
| Fiserv, Inc. |
10.39%
60,067
|
$8,952,386,000 | 3.29% |
| Taylor Morrison Home Corp. |
3.26%
154,076
|
$8,541,973,000 | 3.13% |
| T-Mobile US, Inc. |
3.26%
44,433
|
$7,828,206,000 | 2.87% |
| Microsoft Corporation |
5.59%
17,075
|
$7,631,671,000 | 2.80% |
| M/i Homes Inc |
19.73%
59,990
|
$7,327,179,000 | 2.69% |
| NetEase Inc |
52.14%
75,081
|
$7,176,242,000 | 2.63% |
| Hess Corporation |
2.43%
48,628
|
$7,173,603,000 | 2.63% |
| Micron Technology Inc. |
Opened
50,000
|
$6,576,500,000 | 2.41% |
| Victory Cap Hldgs Inc |
3.26%
121,695
|
$5,808,502,000 | 2.13% |
| Aercap Holdings Nv |
Opened
60,000
|
$5,592,000,000 | 2.05% |
| Academy Sports & Outdoors In |
2.85%
102,848
|
$5,476,656,000 | 2.01% |
| Amazon.com Inc. |
2.32%
26,865
|
$5,191,661,000 | 1.91% |
| Lithia Mtrs Inc |
34.49%
20,023
|
$5,054,806,000 | 1.86% |
| ContextLogic Inc |
Opened
793,854
|
$4,532,906,000 | 1.66% |
| CPI Card Group Inc |
Closed
245,000
|
$4,375,700,000 | |
| Sharkninja Inc |
7.66%
55,000
|
$4,133,250,000 | 1.52% |
| ePlus Inc |
3.26%
51,086
|
$3,764,016,000 | 1.38% |
| Lowes Cos Inc |
3.26%
16,743
|
$3,691,162,000 | 1.35% |
| Nerdwallet Inc |
3.26%
249,926
|
$3,648,920,000 | 1.34% |
| Blackstone Inc |
51.28%
24,972
|
$3,091,534,000 | 1.13% |
| CRH Plc |
Opened
39,670
|
$2,974,457,000 | 1.09% |
| Ecovyst Inc |
3.26%
323,024
|
$2,897,525,000 | 1.06% |
| Century Alum Co |
57.93%
167,065
|
$2,798,339,000 | 1.03% |
| International Mny Express In |
33.33%
100,000
|
$2,084,000,000 | 0.76% |
| Tiptree Inc |
49.57%
100,000
|
$1,649,000,000 | 0.61% |
| Equitable Holdings Inc |
Opened
24,972
|
$1,020,356,000 | 0.37% |
| Arch Cap Group Ltd |
Opened
9,989
|
$1,007,790,000 | 0.37% |
| James River Group Holdings L |
Closed
100,000
|
$930,000,000 | |
| NRG Energy Inc. |
Opened
9,989
|
$777,744,000 | 0.29% |
| IES Holdings Inc |
Opened
4,996
|
$696,093,000 | 0.26% |
| Berkshire Hathaway Inc. |
No change
1
|
$612,241,000 | 0.22% |
| Burford Cap Ltd |
3.26%
45,087
|
$588,385,000 | 0.22% |
| Vanda Pharmaceuticals Inc |
Opened
100,000
|
$565,000,000 | 0.21% |
| ModivCare Inc. |
Closed
21,112
|
$495,076,000 | |
| Hippo Holdings Inc |
Closed
8,621
|
$157,506,000 | |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||
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