Ararat Capital Management L.P. 13F annual report
Ararat Capital Management L.P. is an investment fund managing more than $326 billion ran by Richard Peck. There are currently 21 companies in Mr. Peck’s portfolio. The largest investments include Byline Bancorp Inc and Enfusion, together worth $57.5 billion.
$326 billion Assets Under Management (AUM)
As of 7th August 2024, Ararat Capital Management L.P.’s top holding is 1,215,900 shares of Byline Bancorp Inc currently worth over $28.9 billion and making up 8.9% of the portfolio value.
Relative to the number of outstanding shares of Byline Bancorp Inc, Ararat Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 3,356,733 shares of Enfusion worth $28.6 billion, whose value fell 10.0% in the past six months.
The third-largest holding is Squarespace worth $27.8 billion and the next is Gildan Activewear Inc worth $25.4 billion, with 670,985 shares owned.
Currently, Ararat Capital Management L.P.'s portfolio is worth at least $326 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 Ararat Capital Management L.P.
The Ararat Capital Management L.P. office and employees reside in Westport, Connecticut. According to the last 13-F report filed with the SEC, Richard Peck serves as the Chief Compliance Officer & Chief Financial Officer at Ararat Capital Management L.P..
Recent trades
In the most recent 13F filing, Ararat Capital Management L.P. revealed that it had opened a new position in
Integral Ad Science Hldng Co and bought 1,748,084 shares worth $17 billion.
The investment fund also strengthened its position in Enfusion by buying
300,535 additional shares.
This makes their stake in Enfusion total 3,356,733 shares worth $28.6 billion.
Enfusion soared 2.7% in the past year.
On the other hand, there are companies that Ararat Capital Management L.P. is getting rid of from its portfolio.
Ararat Capital Management L.P. closed its position in Willscot Mobil Mini Hldng Co on 14th August 2024.
It sold the previously owned 242,696 shares for $11.3 billion.
Richard Peck also disclosed a decreased stake in Byline Bancorp Inc by 0.2%.
This leaves the value of the investment at $28.9 billion and 1,215,900 shares.
One of the smaller hedge funds
The two most similar investment funds to Ararat Capital Management L.P. are Bigsur Wealth Management and Cook Street Consulting. They manage $326 billion and $326 billion respectively.
Richard Peck investment strategy
Ararat Capital Management L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 31.3% of
the total portfolio value.
The fund focuses on investments in the United States as
61.9% 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
14% 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 $36.5 billion.
The complete list of Ararat Capital Management 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 |
|---|---|---|---|
| Byline Bancorp Inc |
21.65%
1,215,900
|
$28,865,466,000 | 8.86% |
| Enfusion, Inc. |
9.83%
3,356,733
|
$28,599,365,000 | 8.78% |
| Squarespace, Inc. |
16.96%
638,278
|
$27,848,069,000 | 8.55% |
| Gildan Activewear Inc |
6.64%
670,985
|
$25,443,751,000 | 7.81% |
| Legalzoom Com Inc |
4.64%
2,637,204
|
$22,126,142,000 | 6.79% |
| Tempur Sealy International Inc |
4.83%
459,920
|
$21,772,613,000 | 6.68% |
| Us Foods Hldg Corp |
8.63%
390,517
|
$20,689,591,000 | 6.35% |
| JFrog Ltd |
114.37%
534,443
|
$20,068,335,000 | 6.16% |
| Integral Ad Science Hldng Co |
Opened
1,748,084
|
$16,991,376,000 | 5.21% |
| KBR Inc |
2.09%
260,935
|
$16,736,371,000 | 5.14% |
| Douglas Dynamics Inc |
83.02%
697,558
|
$16,322,857,000 | 5.01% |
| Knight-swift Transn Hldgs In |
68.50%
311,110
|
$15,530,611,000 | 4.77% |
| European Wax Ctr Inc |
2.61%
1,458,467
|
$14,482,577,000 | 4.44% |
| Godaddy Inc |
0.26%
82,387
|
$11,510,288,000 | 3.53% |
| Willscot Mobil Mini Hldng Co |
Closed
242,696
|
$11,285,364,000 | |
| Impinj Inc |
Closed
87,572
|
$11,245,121,000 | |
| Paycom Software Inc |
5.13%
70,748
|
$10,119,794,000 | 3.11% |
| Thermon Group Holdings Inc |
7.22%
317,060
|
$9,752,766,000 | 2.99% |
| Exxon Mobil Corp. |
3.13%
72,710
|
$8,370,375,000 | 2.57% |
| Tecnoglass Inc |
Closed
143,317
|
$7,456,784,000 | |
| Ncino, Inc. |
63.85%
125,872
|
$3,958,674,000 | 1.21% |
| Camping World Holdings Inc |
26.23%
185,178
|
$3,307,279,000 | 1.01% |
| The Beauty Health Company |
7.38%
1,193,471
|
$2,291,464,000 | 0.70% |
| MediaAlpha, Inc. |
Closed
105,373
|
$2,146,448,000 | |
| Loar Holdings Inc |
Opened
20,000
|
$1,068,200,000 | 0.33% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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