Darsana Capital Partners L.P. 13F annual report
Darsana Capital Partners L.P. is an investment fund managing more than $3.11 trillion ran by Chris Ferrante. There are currently 13 companies in Mr. Ferrante’s portfolio. The largest investments include Guidewire Software Inc and Constellation Brands, together worth $733 billion.
$3.11 trillion Assets Under Management (AUM)
As of 8th May 2024, Darsana Capital Partners L.P.’s top holding is 3,250,000 shares of Guidewire Software Inc currently worth over $379 billion and making up 12.2% of the portfolio value.
Relative to the number of outstanding shares of Guidewire Software Inc, Darsana Capital Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,300,000 shares of Constellation Brands worth $353 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Comcast Corp New worth $325 billion and the next is Hilton Worldwide Inc worth $320 billion, with 1,500,000 shares owned.
Currently, Darsana Capital Partners L.P.'s portfolio is worth at least $3.11 trillion. 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 Darsana Capital Partners L.P.
The Darsana Capital Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Chris Ferrante serves as the Chief Financial Officer at Darsana Capital Partners L.P..
Recent trades
In the most recent 13F filing, Darsana Capital Partners L.P. revealed that it had opened a new position in
Constellation Brands and bought 1,300,000 shares worth $353 billion.
This means they effectively own approximately 0.1% of the company.
Constellation Brands makes up
100.0%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Guidewire Software Inc by buying
750,000 additional shares.
This makes their stake in Guidewire Software Inc total 3,250,000 shares worth $379 billion.
Guidewire Software Inc soared 48.5% in the past year.
On the other hand, there are companies that Darsana Capital Partners L.P. is getting rid of from its portfolio.
Darsana Capital Partners L.P. closed its position in Ferrari N.V on 15th May 2024.
It sold the previously owned 1,250,000 shares for $229 million.
Chris Ferrante also disclosed a decreased stake in New York Times Co by 0.4%.
This leaves the value of the investment at $216 billion and 5,000,000 shares.
One of the largest hedge funds
The two most similar investment funds to Darsana Capital Partners L.P. are Davidson Kempner Partners and Apollon Wealth Management. They manage $3.11 trillion and $3.12 trillion respectively.
Chris Ferrante investment strategy
Darsana Capital Partners L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 20.0% of
the total portfolio value.
The fund focuses on investments in the United States as
69.2% 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
38% 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 $83.4 billion.
The complete list of Darsana Capital Partners L.P. trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Guidewire Software Inc |
30.00%
3,250,000
|
$379,307,500,000 | 12.19% |
| Constellation Brands, Inc. |
Opened
1,300,000
|
$353,288,000,000 | 11.35% |
| Comcast Corp New |
36.36%
7,500,000
|
$325,125,000,000 | 10.45% |
| Hilton Worldwide Holdings Inc |
50.00%
1,500,000
|
$319,965,000,000 | 10.28% |
| Bank America Corp |
Opened
7,500,000
|
$284,400,000,000 | 9.14% |
| Tempur Sealy International Inc |
Opened
5,000,000
|
$284,100,000,000 | 9.13% |
| HCA Healthcare Inc |
Opened
750,000
|
$250,147,500,000 | 8.04% |
| Meta Platforms Inc |
Opened
500,000
|
$242,790,000,000 | 7.80% |
| New York Times Co. |
41.18%
5,000,000
|
$216,100,000,000 | 6.94% |
| KKR & Co. Inc |
Opened
2,000,000
|
$201,160,000,000 | 6.46% |
| Bath & Body Works Inc |
Opened
3,000,000
|
$150,060,000,000 | 4.82% |
| Schwab Charles Corp |
Opened
1,000,000
|
$72,340,000,000 | 2.32% |
| Gray Television, Inc. |
26.60%
5,242,163
|
$33,130,470,000 | 1.06% |
| Ferrari N.V. |
Closed
1,250,000
|
$229,350,000 | |
| RH |
Closed
950,000
|
$201,647,000 | |
| Five Below Inc |
Closed
1,425,000
|
$161,638,000 | |
| DoorDash Inc |
Closed
2,500,000
|
$160,425,000 | |
| BigCommerce Holdings, Inc. |
Closed
7,000,000
|
$113,400,000 | |
| Warner Music Group Corp. |
Closed
4,500,000
|
$109,620,000 | |
| Peloton Interactive Inc |
Closed
7,500,000
|
$68,850,000 | |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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