Rdst Capital 13F annual report
Rdst Capital is an investment fund managing more than $380 billion ran by Brian Pirie. There are currently 17 companies in Mr. Pirie’s portfolio. The largest investments include Americold Realty Trust Inc and Restaurant Brands Intl, together worth $85.5 billion.
$380 billion Assets Under Management (AUM)
As of 7th August 2024, Rdst Capital’s top holding is 1,695,825 shares of Americold Realty Trust Inc currently worth over $43.3 billion and making up 11.4% of the portfolio value.
Relative to the number of outstanding shares of Americold Realty Trust Inc, Rdst Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 600,021 shares of Restaurant Brands Intl worth $42.2 billion.
The third-largest holding is Microsoft worth $40.6 billion and the next is Gallagher Arthur J & Co worth $36.2 billion, with 139,485 shares owned.
Currently, Rdst Capital's portfolio is worth at least $380 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 Rdst Capital
The Rdst Capital office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, Brian Pirie serves as the Managing Member at Rdst Capital.
Recent trades
In the most recent 13F filing, Rdst Capital revealed that it had opened a new position in
Workday Inc and bought 109,280 shares worth $24.4 billion.
The investment fund also strengthened its position in Americold Realty Trust Inc by buying
1,015,155 additional shares.
This makes their stake in Americold Realty Trust Inc total 1,695,825 shares worth $43.3 billion.
Americold Realty Trust Inc dropped 11.3% in the past year.
On the other hand, there are companies that Rdst Capital is getting rid of from its portfolio.
Rdst Capital closed its position in Sherwin-Williams Co on 14th August 2024.
It sold the previously owned 58,615 shares for $18.3 billion.
Brian Pirie also disclosed a decreased stake in Apollo Global Mgmt by 0.2%.
This leaves the value of the investment at $34.6 billion and 293,040 shares.
One of the smaller hedge funds
The two most similar investment funds to Rdst Capital are Harvey Capital Management Inc and Liquid Strategies. They manage $380 billion and $380 billion respectively.
Brian Pirie investment strategy
Rdst Capital’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 17.3% of
the total portfolio value.
The fund focuses on investments in the United States as
41.2% 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
29% 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 $366 billion.
The complete list of Rdst Capital 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 |
|---|---|---|---|
| Americold Realty Trust Inc |
149.14%
1,695,825
|
$43,311,371,000 | 11.40% |
| Restaurant Brands Intl |
64.91%
600,021
|
$42,223,478,000 | 11.11% |
| Microsoft Corporation |
33.08%
90,895
|
$40,625,520,000 | 10.69% |
| Gallagher Arthur J & Co |
282.36%
139,485
|
$36,169,855,000 | 9.52% |
| Apollo Global Mgmt |
20.63%
293,040
|
$34,599,233,000 | 9.10% |
| Ducommun Inc. |
53.67%
540,290
|
$31,369,237,000 | 8.25% |
| Blue Owl Capital Cl A |
13.39%
1,730,320
|
$30,713,180,000 | 8.08% |
| Salesforce Inc |
6.08%
97,770
|
$25,136,667,000 | 6.61% |
| Workday Inc |
Opened
109,280
|
$24,430,637,000 | 6.43% |
| RTX Corp |
19.34%
242,825
|
$24,377,202,000 | 6.41% |
| Alphabet Cap Stk Cl A |
11.54%
104,715
|
$19,073,837,000 | 5.02% |
| Sherwin-Williams Co. |
Closed
58,615
|
$18,282,019,000 | |
| Entegris Inc |
Closed
137,335
|
$16,455,480,000 | |
| Union Pac |
75.07%
31,250
|
$7,070,625,000 | 1.86% |
| CSX Corp. |
Opened
188,745
|
$6,313,520,000 | 1.66% |
| Amazon |
34.62%
31,580
|
$6,102,835,000 | 1.61% |
| Ares Management Corporation Cl A Stk |
56.64%
44,810
|
$5,972,277,000 | 1.57% |
| Visa Inc |
Closed
9,125
|
$2,375,694,000 | |
| Mastercard Incorporated |
16.22%
4,985
|
$2,199,183,000 | 0.58% |
| Spdr S&p 500 Etf Tr Tr Unit |
87.57%
710
|
$386,396,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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