Watchtower Advisors, L.P. 13F annual report
Watchtower Advisors, L.P. is an investment fund managing more than $155 billion ran by Frank Bosco. There are currently 11 companies in Mr. Bosco’s portfolio. The largest investments include Broadcom Inc and Arch Cap Group Ltd, together worth $66.2 billion.
$155 billion Assets Under Management (AUM)
As of 7th August 2024, Watchtower Advisors, L.P.’s top holding is 27,720 shares of Broadcom Inc currently worth over $44.5 billion and making up 28.7% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Watchtower Advisors, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 214,764 shares of Arch Cap Group Ltd worth $21.7 billion.
The third-largest holding is Axis Cap Hldgs Ltd worth $18.4 billion and the next is Lennox International Inc worth $13.1 billion, with 24,578 shares owned.
Currently, Watchtower Advisors, L.P.'s portfolio is worth at least $155 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 Watchtower Advisors, L.P.
The Watchtower Advisors, L.P. office and employees reside in Old Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Frank Bosco serves as the Chief Compliance Officer at Watchtower Advisors, L.P..
Recent trades
In the most recent 13F filing, Watchtower Advisors, L.P. revealed that it had opened a new position in
Axis Cap Hldgs Ltd and bought 260,000 shares worth $18.4 billion.
The investment fund also strengthened its position in Amphenol by buying
95,000 additional shares.
This makes their stake in Amphenol total 190,000 shares worth $12.8 billion.
Amphenol dropped 26.0% in the past year.
On the other hand, there are companies that Watchtower Advisors, L.P. is getting rid of from its portfolio.
Watchtower Advisors, L.P. closed its position in Spirit Aerosystems Inc on 14th August 2024.
It sold the previously owned 392,734 shares for $14.2 billion.
Frank Bosco also disclosed a decreased stake in Broadcom Inc by 0.2%.
This leaves the value of the investment at $44.5 billion and 27,720 shares.
One of the smallest hedge funds
The two most similar investment funds to Watchtower Advisors, L.P. are Valence8 Us L.P. and Carlsbad Wealth Advisory. They manage $155 billion and $155 billion respectively.
Frank Bosco investment strategy
Watchtower Advisors, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 36.9% of
the total portfolio value.
The fund focuses on investments in the United States as
72.7% 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
36% 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 $48.8 billion.
The complete list of Watchtower Advisors, 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 |
|---|---|---|---|
| Broadcom Inc |
15.28%
27,720
|
$44,505,292,000 | 28.69% |
| Arch Cap Group Ltd |
No change
214,764
|
$21,667,540,000 | 13.97% |
| Axis Cap Hldgs Ltd |
Opened
260,000
|
$18,369,000,000 | 11.84% |
| Spirit Aerosystems Holdings Inc |
Closed
392,734
|
$14,165,915,000 | |
| Lennox International Inc |
41.54%
24,578
|
$13,148,738,000 | 8.48% |
| Medpace Holdings Inc |
28.24%
31,357
|
$12,914,380,000 | 8.33% |
| Amphenol Corp. |
100.00%
190,000
|
$12,800,300,000 | 8.25% |
| Charles Riv Labs Intl Inc |
Closed
40,300
|
$10,919,285,000 | |
| CRH Plc |
Closed
124,617
|
$10,749,462,000 | |
| Pool Corporation |
Closed
26,000
|
$10,491,000,000 | |
| Rxsight Inc |
0.95%
134,705
|
$8,105,200,000 | 5.23% |
| Chipotle Mexican Grill |
4,900.00%
125,000
|
$7,831,250,000 | 5.05% |
| Autozone Inc. |
No change
2,118
|
$6,277,964,000 | 4.05% |
| FTAI Aviation Ltd |
Opened
54,326
|
$5,608,073,000 | 3.62% |
| Churchill Downs, Inc. |
Opened
27,874
|
$3,891,210,000 | 2.51% |
| Oscar Health, Inc. |
Closed
33,120
|
$492,494,000 | |
| No transactions found | |||
| Showing first 500 out of 16 holdings | |||
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