Blackbarn Capital Partners L.P. 13F annual report
Blackbarn Capital Partners L.P. is an investment fund managing more than $194 billion ran by Jeremy Edelstein. There are currently 17 companies in Mr. Edelstein’s portfolio. The largest investments include Roivant Sciences Ltd and Unitedhealth Inc, together worth $49.1 billion.
$194 billion Assets Under Management (AUM)
As of 7th August 2024, Blackbarn Capital Partners L.P.’s top holding is 3,100,000 shares of Roivant Sciences Ltd currently worth over $32.8 billion and making up 16.9% of the portfolio value.
In addition, the fund holds 32,000 shares of Unitedhealth Inc worth $16.3 billion, whose value grew 11.1% in the past six months.
The third-largest holding is Molina Healthcare Inc worth $15.6 billion and the next is Amneal Pharmaceuticals Inc worth $12.7 billion, with 2,000,000 shares owned.
Currently, Blackbarn Capital Partners L.P.'s portfolio is worth at least $194 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 Blackbarn Capital Partners L.P.
The Blackbarn Capital Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jeremy Edelstein serves as the COO, CFO, and CCO at Blackbarn Capital Partners L.P..
Recent trades
In the most recent 13F filing, Blackbarn Capital Partners L.P. revealed that it had opened a new position in
Blue Ridge Bankshares Inc Va and bought 4,702,747 shares worth $12.3 billion.
The investment fund also strengthened its position in Roivant Sciences Ltd by buying
1,199,406 additional shares.
This makes their stake in Roivant Sciences Ltd total 3,100,000 shares worth $32.8 billion.
On the other hand, there are companies that Blackbarn Capital Partners L.P. is getting rid of from its portfolio.
Blackbarn Capital Partners L.P. closed its position in Cf Inds Hldgs Inc on 14th August 2024.
It sold the previously owned 150,000 shares for $12.5 billion.
Jeremy Edelstein also disclosed a decreased stake in Chord Energy Corporation by 0.2%.
This leaves the value of the investment at $10.7 billion and 64,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Blackbarn Capital Partners L.P. are Weitzel Services and Nova R Wealth. They manage $194 billion and $194 billion respectively.
Jeremy Edelstein investment strategy
Blackbarn Capital Partners L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Health Care — making up 26.3% of
the total portfolio value.
The fund focuses on investments in the United States as
29.4% 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
12% 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 $106 billion.
The complete list of Blackbarn Capital Partners L.P. 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 |
|---|---|---|---|
| Roivant Sciences Ltd |
63.11%
3,100,000
|
$32,767,000,000 | 16.89% |
| Unitedhealth Group Inc |
6.67%
32,000
|
$16,296,320,000 | 8.40% |
| Molina Healthcare Inc |
25.30%
52,500
|
$15,608,250,000 | 8.05% |
| Amneal Pharmaceuticals Inc |
41.51%
2,000,000
|
$12,700,000,000 | 6.55% |
| Cf Inds Hldgs Inc |
Closed
150,000
|
$12,481,500,000 | |
| Blue Ridge Bankshares Inc Va |
Opened
4,702,747
|
$12,274,170,000 | 6.33% |
| Diversified Healthcare Tr |
128.57%
4,000,000
|
$12,200,000,000 | 6.29% |
| Graphic Packaging Hldg Co |
Closed
400,000
|
$11,672,000,000 | |
| Att Inc |
Opened
600,000
|
$11,466,000,000 | 5.91% |
| Chord Energy Corporation |
21.95%
64,000
|
$10,731,520,000 | 5.53% |
| RH |
156.79%
43,655
|
$10,671,028,000 | 5.50% |
| Elevance Health Inc |
No change
18,000
|
$9,753,480,000 | 5.03% |
| Civitas Resources Inc |
No change
140,000
|
$9,660,000,000 | 4.98% |
| Knife River Corp |
No change
135,000
|
$9,468,900,000 | 4.88% |
| Teva Pharmaceutical Inds Ltd |
No change
500,000
|
$8,125,000,000 | 4.19% |
| Privia Health Group Inc |
100.00%
400,000
|
$6,952,000,000 | 3.58% |
| Interactive Brokers Group In |
Closed
60,000
|
$6,702,600,000 | |
| Arbutus Biopharma Corp |
No change
2,070,900
|
$6,399,081,000 | 3.30% |
| Bv Finl Inc |
No change
480,000
|
$5,716,800,000 | 2.95% |
| Third Coast Bancshares Inc |
14.70%
150,000
|
$3,190,500,000 | 1.64% |
| Advantage Solutions Inc. |
Closed
211,704
|
$916,678,000 | |
| Altice USA Inc |
Closed
250,000
|
$652,500,000 | |
| First Bk Williamstown New Je |
Closed
18,296
|
$251,387,000 | |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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