Paradice Investment Management 13F annual report
Paradice Investment Management is an investment fund managing more than $566 billion ran by Lucinda Hill. There are currently 28 companies in Mrs. Hill’s portfolio. The largest investments include Globus Med Inc and Openlane, together worth $81.5 billion.
$566 billion Assets Under Management (AUM)
As of 25th July 2024, Paradice Investment Management’s top holding is 630,822 shares of Globus Med Inc currently worth over $43.2 billion and making up 7.6% of the portfolio value.
In addition, the fund holds 2,305,854 shares of Openlane worth $38.3 billion, whose value grew 24.6% in the past six months.
The third-largest holding is Mohawk Inds Inc worth $34.8 billion and the next is Tandem Diabetes Care Inc worth $33.1 billion, with 821,993 shares owned.
Currently, Paradice Investment Management's portfolio is worth at least $566 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 Paradice Investment Management
The Paradice Investment Management office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Lucinda Hill serves as the Chief Compliance Officer at Paradice Investment Management.
Recent trades
In the most recent 13F filing, Paradice Investment Management revealed that it had opened a new position in
Endava plc and bought 639,366 shares worth $18.7 billion.
This means they effectively own approximately 0.1% of the company.
Endava plc makes up
38.6%
of the fund's Technology sector allocation and has decreased its share price by 37.9% in the past year.
The investment fund also strengthened its position in Avanos Med Inc by buying
69,389 additional shares.
This makes their stake in Avanos Med Inc total 1,344,949 shares worth $26.8 billion.
On the other hand, there are companies that Paradice Investment Management is getting rid of from its portfolio.
Paradice Investment Management closed its position in Microsoft on 1st August 2024.
It sold the previously owned 1,112 shares for $468 million.
Lucinda Hill also disclosed a decreased stake in Globus Med Inc by approximately 0.1%.
This leaves the value of the investment at $43.2 billion and 630,822 shares.
One of the average hedge funds
The two most similar investment funds to Paradice Investment Management are Compound Global Advisors and Greylin Investment Management, Inc. They manage $566 billion and $565 billion respectively.
Lucinda Hill investment strategy
Paradice Investment Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Health Care — making up 20.0% of
the total portfolio value.
The fund focuses on investments in the United States as
42.9% 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
approximately 0.1% 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 $3.93 billion.
The complete list of Paradice Investment Management trades based on 13F SEC filings
These positions were updated on August 1st 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 |
|---|---|---|---|
| Globus Med Inc |
1.60%
630,822
|
$43,204,999,000 | 7.64% |
| Openlane Inc. |
0.47%
2,305,854
|
$38,254,118,000 | 6.76% |
| Mohawk Inds Inc |
0.32%
306,148
|
$34,775,351,000 | 6.15% |
| Tandem Diabetes Care Inc |
No change
821,993
|
$33,118,098,000 | 5.86% |
| ITT Inc |
No change
247,702
|
$31,998,144,000 | 5.66% |
| Championx Corporation |
1.29%
884,471
|
$29,373,282,000 | 5.19% |
| Gates Indl Corp Plc |
1.68%
1,826,081
|
$28,870,341,000 | 5.10% |
| Avanos Med Inc |
5.44%
1,344,949
|
$26,791,384,000 | 4.74% |
| Lear Corp. |
No change
228,965
|
$26,150,093,000 | 4.62% |
| LivaNova PLC |
1.54%
414,456
|
$22,720,478,000 | 4.02% |
| Nomad Foods Ltd |
8.26%
1,365,974
|
$22,511,252,000 | 3.98% |
| Envista Holdings Corp |
45.89%
1,335,631
|
$22,211,544,000 | 3.93% |
| Msc Indl Direct Inc |
No change
278,728
|
$22,105,918,000 | 3.91% |
| Axis Cap Hldgs Ltd |
18.94%
300,127
|
$21,203,973,000 | 3.75% |
| Encompass Health Corp |
2.77%
247,041
|
$21,193,647,000 | 3.75% |
| frontdoor, inc. |
No change
570,118
|
$19,264,287,000 | 3.41% |
| Endava plc |
Opened
639,366
|
$18,695,062,000 | 3.31% |
| Enpro Inc |
No change
115,733
|
$16,847,253,000 | 2.98% |
| Progress Software Corp. |
No change
274,275
|
$14,882,162,000 | 2.63% |
| Acuity Brands, Inc. |
18.59%
60,028
|
$14,493,160,000 | 2.56% |
| Enhabit, Inc. |
0.74%
1,525,037
|
$13,603,330,000 | 2.41% |
| Cbiz Inc |
No change
160,227
|
$11,872,821,000 | 2.10% |
| Cno Finl Group Inc |
No change
426,880
|
$11,833,114,000 | 2.09% |
| Korn Ferry |
No change
144,480
|
$9,700,387,000 | 1.71% |
| Skillsoft Corp |
No change
659,859
|
$9,125,850,000 | 1.61% |
| Microsoft Corporation |
Closed
1,112
|
$467,841,000 | |
| NexGen Energy Ltd |
Closed
50,300
|
$391,123,000 | |
| nVent Electric plc |
12.90%
4,991
|
$382,361,000 | 0.07% |
| Constellation Energy Corp |
Closed
2,053
|
$379,497,000 | |
| KLA Corp. |
Closed
491
|
$342,998,000 | |
| NVIDIA Corp |
Closed
366
|
$330,703,000 | |
| Nextracker Inc |
Closed
5,682
|
$319,726,000 | |
| Encore Energy Corp |
Closed
71,314
|
$312,355,000 | |
| Crowdstrike Holdings Inc |
Closed
912
|
$292,378,000 | |
| Danaher Corp. |
Closed
1,120
|
$279,686,000 | |
| Waste Mgmt Inc Del |
Closed
1,230
|
$262,175,000 | |
| Waste Connections Inc |
Closed
1,489
|
$256,123,000 | |
| Atkore Inc |
Closed
1,329
|
$252,988,000 | |
| Vintage Wine Estates Inc |
No change
1,725,145
|
$240,140,000 | 0.04% |
| Stantec Inc |
No change
2,417
|
$202,353,000 | 0.04% |
| Array Technologies, Inc. |
Closed
13,000
|
$193,830,000 | |
| Hudson Technologies, Inc. |
Closed
11,731
|
$129,158,000 | |
| Nu Hldgs Ltd |
Closed
10,015
|
$119,479,000 | |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||
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