Silver Rock L.P. 13F annual report
Silver Rock L.P. is an investment fund managing more than $15 billion ran by Patrick Hunnius. There are currently 6 companies in Mr. Hunnius’s portfolio. The largest investments include Community Health Sys Inc New and BRC, together worth $11 billion.
$15 billion Assets Under Management (AUM)
As of 7th August 2024, Silver Rock L.P.’s top holding is 1,700,000 shares of Community Health Sys Inc New currently worth over $5.71 billion and making up 38.0% of the portfolio value.
In addition, the fund holds 859,986 shares of BRC worth $5.27 billion, whose value grew 42.2% in the past six months.
The third-largest holding is Altice USA Inc worth $2.04 billion and the next is Vivid Seats Inc worth $1.73 billion, with 300,000 shares owned.
Currently, Silver Rock L.P.'s portfolio is worth at least $15 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 Silver Rock L.P.
The Silver Rock L.P. office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Patrick Hunnius serves as the General Counsel and Chief Compliance Officer at Silver Rock L.P..
Recent trades
In the most recent 13F filing, Silver Rock L.P. revealed that it had opened a new position in
Altice USA Inc and bought 1,000,000 shares worth $2.04 billion.
On the other hand, there are companies that Silver Rock L.P. is getting rid of from its portfolio.
Silver Rock L.P. closed its position in Presto Automation Inc on 14th August 2024.
It sold the previously owned 323,968 shares for $56.4 million.
Patrick Hunnius also disclosed a decreased stake in Nerdy Inc by approximately 0.1%.
This leaves the value of the investment at $29.5 million and 17,668 shares.
One of the smallest hedge funds
The two most similar investment funds to Silver Rock L.P. are Sarofim Fayez and Vintage Ventures Advisors. They manage $15.1 billion and $15.2 billion respectively.
Patrick Hunnius investment strategy
Silver Rock L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Consumer Staples — making up 35.1% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
approximately 0.1% 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 $2.71 billion.
The complete list of Silver Rock 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 |
|---|---|---|---|
| Community Health Sys Inc New |
No change
1,700,000
|
$5,712,000,000 | 38.00% |
| BRC Inc. |
No change
859,986
|
$5,271,714,000 | 35.07% |
| Altice USA Inc |
Opened
1,000,000
|
$2,040,000,000 | 13.57% |
| Vivid Seats Inc |
Opened
300,000
|
$1,725,000,000 | 11.47% |
| Lumen Technologies, Inc. |
No change
232,120
|
$255,332,000 | 1.70% |
| Presto Automation Inc |
Closed
323,968
|
$56,370,000 | |
| Nerdy Inc |
0.11%
17,668
|
$29,506,000 | 0.20% |
| No transactions found | |||
| Showing first 500 out of 7 holdings | |||
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