Greenoaks Capital Partners 13F annual report

Greenoaks Capital Partners is an investment fund managing more than $809 billion ran by Patrick Lai. There are currently 15 companies in Mr. Lai’s portfolio. The largest investments include Carvana Co and Coupang, together worth $406 billion.

$809 billion Assets Under Management (AUM)

As of 7th November 2023, Greenoaks Capital Partners’s top holding is 6,040,032 shares of Carvana Co currently worth over $254 billion and making up 31.4% of the portfolio value. Relative to the number of outstanding shares of Carvana Co, Greenoaks Capital Partners owns more than approximately 0.1% of the company. In addition, the fund holds 8,937,768 shares of Coupang worth $152 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Toast worth $150 billion and the next is DoorDash Inc worth $49.5 billion, with 623,392 shares owned.

Currently, Greenoaks Capital Partners's portfolio is worth at least $809 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 Greenoaks Capital Partners

The Greenoaks Capital Partners office and employees reside in Orinda, California. According to the last 13-F report filed with the SEC, Patrick Lai serves as the CFO & CCO at Greenoaks Capital Partners.

Recent trades

In the most recent 13F filing, Greenoaks Capital Partners revealed that it had opened a new position in Amazon.com and bought 275,000 shares worth $35 billion. This means they effectively own approximately 0.1% of the company. Amazon.com makes up 7.9% of the fund's Consumer Discretionary sector allocation and has grown its share price by 44.8% in the past year.

The investment fund also strengthened its position in Carvana Co by buying 2,299,908 additional shares. This makes their stake in Carvana Co total 6,040,032 shares worth $254 billion. Carvana Co soared 194.0% in the past year.

On the other hand, there are companies that Greenoaks Capital Partners is getting rid of from its portfolio. Greenoaks Capital Partners closed its position in Samsara on 14th November 2023. It sold the previously owned 3,819,902 shares for $46.1 million. Patrick Lai also disclosed a decreased stake in Coupang by 0.8%. This leaves the value of the investment at $152 billion and 8,937,768 shares.

One of the average hedge funds

The two most similar investment funds to Greenoaks Capital Partners are Bard Services and Primavera Capital Management Ltd. They manage $809 billion and $809 billion respectively.

Patrick Lai investment strategy

Greenoaks Capital Partners’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 54.5% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 33% 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 $17.6 billion.

The complete list of Greenoaks Capital Partners trades based on 13F SEC filings

These positions were updated on November 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
Carvana Co.	61.49% 6,040,032	$253,560,543,000	31.36%
Coupang, Inc.	81.90% 8,937,768	$151,942,056,000	18.79%
Toast, Inc.	13.36% 8,025,536	$150,318,289,000	18.59%
DoorDash Inc	3.90% 623,392	$49,540,962,000	6.13%
Amazon.com Inc.	Opened 275,000	$34,958,000,000	4.32%
Sea Ltd	No change 756,942	$33,267,601,000	4.11%
New York Times Co.	10.36% 710,000	$29,252,000,000	3.62%
Snowflake Inc.	29.17% 170,000	$25,970,900,000	3.21%
Maplebear Inc	Opened 808,766	$24,012,263,000	2.97%
Upwork Inc	28.28% 1,910,158	$21,699,395,000	2.68%
Procore Technologies, Inc.	20.89% 250,000	$16,330,000,000	2.02%
Klaviyo Inc	Opened 250,000	$8,625,000,000	1.07%
Smartsheet Inc	57.63% 148,304	$6,000,380,000	0.74%
Zillow Group Inc	No change 57,412	$2,611,914,000	0.32%
Sonder Holdings Inc	Opened 50,105	$411,362,000	0.05%
Samsara Inc.	Closed 3,819,902	$46,106,000
Inter & Co Inc	Closed 3,450,000	$11,247,000
Sonder Holdings Inc	Closed 1,002,110	$1,664,000
Cazoo Group Ltd	Closed 3,048,472	$1,402,000
No transactions found
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