Worth Venture Partners 13F annual report
Worth Venture Partners is an investment fund managing more than $12.8 billion ran by Laurence Wiseman. There are currently 44 companies in Mrs. Wiseman’s portfolio. The largest investments include Johnson & Johnson and Weave Communications, together worth $2.63 billion.
$12.8 billion Assets Under Management (AUM)
As of 7th August 2024, Worth Venture Partners’s top holding is 9,100 shares of Johnson & Johnson currently worth over $1.33 billion and making up 10.4% of the portfolio value.
Relative to the number of outstanding shares of Johnson & Johnson, Worth Venture Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 143,713 shares of Weave Communications worth $1.3 billion, whose value fell 20.9% in the past six months.
The third-largest holding is Iteris worth $815 million and the next is Pfizer worth $814 million, with 29,100 shares owned.
Currently, Worth Venture Partners's portfolio is worth at least $12.8 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 Worth Venture Partners
The Worth Venture Partners office and employees reside in Fort Lee, New Jersey. According to the last 13-F report filed with the SEC, Laurence Wiseman serves as the Chief Compliance Officer at Worth Venture Partners.
Recent trades
In the most recent 13F filing, Worth Venture Partners revealed that it had opened a new position in
Pfizer and bought 29,100 shares worth $814 million.
This means they effectively own approximately 0.1% of the company.
Pfizer makes up
30.1%
of the fund's Health Care sector allocation and has decreased its share price by 20.0% in the past year.
The investment fund also strengthened its position in Weave Communications by buying
73,459 additional shares.
This makes their stake in Weave Communications total 143,713 shares worth $1.3 billion.
Weave Communications dropped 4.9% in the past year.
On the other hand, there are companies that Worth Venture Partners is getting rid of from its portfolio.
Worth Venture Partners closed its position in Arteris Inc on 14th August 2024.
It sold the previously owned 138,591 shares for $1.01 billion.
Laurence Wiseman also disclosed a decreased stake in PowerFleet Inc by approximately 0.1%.
This leaves the value of the investment at $250 million and 54,643 shares.
One of the smallest hedge funds
The two most similar investment funds to Worth Venture Partners are Tiger Management L.L.C and Societe Generale. They manage $12.7 billion and $12.9 billion respectively.
Laurence Wiseman investment strategy
Worth Venture Partners’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 31.4% of
the total portfolio value.
The fund focuses on investments in the United States as
40.9% 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
7% of the total holdings value.
On the other hand, small-cap stocks make up only 4.5% of the portfolio.
The average market cap of the portfolio companies is close to $34.6 billion.
The complete list of Worth Venture Partners 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 |
|---|---|---|---|
| Johnson & Johnson |
No change
9,100
|
$1,330,056,000 | 10.41% |
| Weave Communications, Inc. |
104.56%
143,713
|
$1,296,291,000 | 10.15% |
| Arteris Inc |
Closed
138,591
|
$1,014,486,000 | |
| Ishares Tr |
Closed
15,500
|
$908,145,000 | |
| Iteris Inc. |
6.98%
188,327
|
$815,456,000 | 6.38% |
| Pfizer Inc. |
Opened
29,100
|
$814,218,000 | 6.37% |
| Radcom |
30.58%
77,163
|
$721,474,000 | 5.65% |
| SoundThinking Inc |
3.58%
48,667
|
$592,764,000 | 4.64% |
| Viking Therapeutics Inc |
Opened
10,100
|
$535,401,000 | 4.19% |
| Cto Rlty Growth Inc New |
7.07%
30,302
|
$529,073,000 | 4.14% |
| Apellis Pharmaceuticals Inc |
Closed
7,700
|
$452,606,000 | |
| Insmed Inc |
Closed
15,400
|
$417,802,000 | |
| Novo-nordisk A S |
Closed
3,000
|
$385,200,000 | |
| Whitestone REIT |
5.12%
28,750
|
$382,663,000 | 3.00% |
| eGain Corp |
Closed
57,412
|
$370,307,000 | |
| Equity Comwlth |
No change
18,053
|
$350,228,000 | 2.74% |
| Epr Pptys |
2.72%
7,550
|
$316,949,000 | 2.48% |
| Plymouth Indl Reit Inc |
No change
14,600
|
$312,148,000 | 2.44% |
| Moneylion Inc |
Opened
3,887
|
$285,850,000 | 2.24% |
| Sezzle Inc |
Opened
3,058
|
$269,777,000 | 2.11% |
| Kite Rlty Group Tr |
No change
11,500
|
$257,370,000 | 2.01% |
| Alico Inc. |
17.99%
9,838
|
$254,903,000 | 2.00% |
| Agree Rlty Corp |
No change
4,050
|
$250,857,000 | 1.96% |
| Simon Ppty Group Inc New |
No change
1,650
|
$250,470,000 | 1.96% |
| PowerFleet Inc |
2.85%
54,643
|
$249,719,000 | 1.95% |
| Seritage Growth Pptys |
Opened
53,000
|
$247,510,000 | 1.94% |
| Zeta Global Holdings Corp. |
Opened
13,597
|
$239,987,000 | 1.88% |
| Brandywine Rlty Tr |
6.00%
53,000
|
$237,440,000 | 1.86% |
| National Storage Affiliates |
17.39%
5,700
|
$234,954,000 | 1.84% |
| Intra-Cellular Therapies Inc |
Closed
3,300
|
$228,360,000 | |
| Biocryst Pharmaceuticals Inc. |
Closed
39,000
|
$198,120,000 | |
| Playa Hotels & Resorts Nv |
No change
23,100
|
$193,809,000 | 1.52% |
| Uniqure Nv |
Closed
34,300
|
$178,360,000 | |
| Pagaya Technologies Ltd |
13.71%
13,478
|
$171,979,000 | 1.35% |
| Opera Ltd |
9.18%
11,300
|
$158,652,000 | 1.24% |
| Magnite Inc |
Opened
11,890
|
$158,018,000 | 1.24% |
| Geo Group, Inc. |
Closed
10,590
|
$149,531,000 | |
| Inotiv Inc |
Closed
13,561
|
$148,357,000 | |
| Full Truck Alliance Co. Ltd. |
Opened
17,212
|
$138,384,000 | 1.08% |
| Terawulf Inc |
20.85%
29,156
|
$129,744,000 | 1.02% |
| Mamas Creations Inc |
15.87%
18,256
|
$123,045,000 | 0.96% |
| Ribbon Communications Inc |
25.56%
37,338
|
$122,842,000 | 0.96% |
| Terns Pharmaceuticals Inc |
Opened
17,470
|
$118,971,000 | 0.93% |
| Fennec Pharmaceuticals Inc |
Closed
10,327
|
$114,836,000 | |
| Infinera Corp. |
Closed
17,758
|
$107,081,000 | |
| Bit Digital, Inc. |
50.35%
29,279
|
$93,107,000 | 0.73% |
| Marqeta Inc |
4.18%
14,735
|
$80,748,000 | 0.63% |
| Ceragon Networks Ltd |
40.00%
27,957
|
$69,893,000 | 0.55% |
| Backblaze Inc |
Opened
10,871
|
$66,965,000 | 0.52% |
| ADTRAN Holdings Inc |
Opened
12,375
|
$65,093,000 | 0.51% |
| Denison Mines Corp |
29.50%
32,375
|
$64,426,000 | 0.50% |
| Nokia Corp |
Opened
16,750
|
$63,315,000 | 0.50% |
| Augmedix Inc |
Closed
13,632
|
$55,755,000 | |
| Telos Corp Md |
Closed
12,500
|
$52,000,000 | |
| Navitas Semiconductor Corp |
Opened
12,500
|
$49,125,000 | 0.38% |
| AXT Inc |
Opened
11,875
|
$40,138,000 | 0.31% |
| Kore Group Hldgs Inc |
Closed
47,102
|
$37,074,000 | |
| Lantronix Inc |
50.00%
10,207
|
$36,235,000 | 0.28% |
| Neuronetics Inc |
6.25%
15,823
|
$28,481,000 | 0.22% |
| Innovid Corp |
66.82%
14,872
|
$27,513,000 | 0.22% |
| TELA Bio, Inc. |
Closed
3,860
|
$21,886,000 | |
| scPharmaceuticals Inc |
Closed
2,283
|
$11,461,000 | |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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