Fortress Investment 13F annual report
Fortress Investment is an investment fund managing more than $466 billion ran by David Brooks. There are currently 11 companies in Mr. Brooks’s portfolio. The largest investments include New Fortress and Nextnav Inc, together worth $410 billion.
$466 billion Assets Under Management (AUM)
As of 7th August 2024, Fortress Investment’s top holding is 13,399,317 shares of New Fortress currently worth over $295 billion and making up 63.2% of the portfolio value.
Relative to the number of outstanding shares of New Fortress, Fortress Investment owns less than approximately 0.1% of the company.
In addition, the fund holds 14,178,054 shares of Nextnav Inc worth $115 billion.
The third-largest holding is Ishares Bitcoin Tr worth $45.2 billion and the next is Ftai Infrastructure Inc worth $6.54 billion, with 757,340 shares owned.
Currently, Fortress Investment's portfolio is worth at least $466 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 Fortress Investment
The Fortress Investment office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, David Brooks serves as the Secretary, VP and General Counsel at Fortress Investment.
Recent trades
There are companies that Fortress Investment is getting rid of from its portfolio.
Fortress Investment closed its position in Mogo Inc on 14th August 2024.
It sold the previously owned 192,484 shares for $385 million.
One of the average hedge funds
The two most similar investment funds to Fortress Investment are Fortis Capital Management and Howard Hughes Medical Institute. They manage $466 billion and $466 billion respectively.
David Brooks investment strategy
Fortress Investment’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Utilities — making up 63.2% of
the total portfolio value.
The fund focuses on investments in the United States as
36.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
18% of the total holdings value.
On the other hand, large-cap stocks make up only 9.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.18 billion.
The complete list of Fortress Investment 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 |
|---|---|---|---|
| New Fortress Energy LLC |
No change
13,399,317
|
$294,516,988,000 | 63.16% |
| Nextnav Inc |
No change
14,178,054
|
$114,984,018,000 | 24.66% |
| Ishares Bitcoin Tr |
No change
1,325,000
|
$45,235,500,000 | 9.70% |
| Ftai Infrastructure Inc |
No change
757,340
|
$6,535,844,000 | 1.40% |
| PLBY Group, Inc. |
No change
2,581,218
|
$2,005,865,000 | 0.43% |
| Ati Physical Therapy Inc |
No change
320,500
|
$1,432,186,000 | 0.31% |
| Allurion Technologies Inc |
No change
1,284,004
|
$1,280,922,000 | 0.27% |
| Mogo Inc |
Closed
192,484
|
$384,968,000 | |
| Marathon Digital Holdings In |
No change
14,056
|
$279,012,000 | 0.06% |
| Airspan Networks Holdings In |
Closed
134,922
|
$15,247,000 | |
| SmartRent Inc |
No change
932
|
$2,227,000 | 0.00% |
| SuperCom Ltd |
No change
10,671
|
$2,134,000 | 0.00% |
| Palatin Technologies Inc. |
No change
352
|
$686,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||
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