Pb Investment Partners, L.P. 13F annual report

Pb Investment Partners, L.P. is an investment fund managing more than $123 billion ran by Edward Tedeschi. There are currently 9 companies in Mr. Tedeschi’s portfolio. The largest investments include Capital One Finl Corp and Apollo Global Mgmt Inc, together worth $40.7 billion.

$123 billion Assets Under Management (AUM)

As of 6th August 2024, Pb Investment Partners, L.P.’s top holding is 150,759 shares of Capital One Finl Corp currently worth over $20.9 billion and making up 16.9% of the portfolio value. In addition, the fund holds 167,905 shares of Apollo Global Mgmt Inc worth $19.8 billion. The third-largest holding is Hilton Grand Vacations Inc worth $17 billion and the next is Progressive worth $16.7 billion, with 80,451 shares owned.

Currently, Pb Investment Partners, L.P.'s portfolio is worth at least $123 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 Pb Investment Partners, L.P.

The Pb Investment Partners, L.P. office and employees reside in Burlingame, California. According to the last 13-F report filed with the SEC, Edward Tedeschi serves as the Chief Operating Officer at Pb Investment Partners, L.P..

Recent trades

In the most recent 13F filing, Pb Investment Partners, L.P. revealed that it had opened a new position in Global Business Travel Group, Inc. and bought 609,859 shares worth $4.03 billion.

The investment fund also strengthened its position in Apollo Global Mgmt Inc by buying 43,111 additional shares. This makes their stake in Apollo Global Mgmt Inc total 167,905 shares worth $19.8 billion.

On the other hand, there are companies that Pb Investment Partners, L.P. is getting rid of from its portfolio. Pb Investment Partners, L.P. closed its position in Markel Inc on 13th August 2024. It sold the previously owned 7,179 shares for $10.6 billion. Edward Tedeschi also disclosed a decreased stake in Capital One Finl Corp by 0.4%. This leaves the value of the investment at $20.9 billion and 150,759 shares.

One of the smallest hedge funds

The two most similar investment funds to Pb Investment Partners, L.P. are Cap Partners and Eagle Wealth Strategies. They manage $123 billion and $123 billion respectively.

Edward Tedeschi investment strategy

Pb Investment Partners, L.P.’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Finance — making up 26.8% of the total portfolio value. The fund focuses on investments in the United States as 44.4% 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 11% 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 $20.9 billion.

The complete list of Pb Investment Partners, L.P. trades based on 13F SEC filings

These positions were updated on August 13th 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
Capital One Finl Corp	41.72% 150,759	$20,872,584,000	16.94%
Apollo Global Mgmt Inc	34.55% 167,905	$19,824,543,000	16.09%
Hilton Grand Vacations Inc	7.02% 419,297	$16,952,178,000	13.76%
Progressive Corp.	47.48% 80,451	$16,710,477,000	13.57%
OneMain Holdings Inc	40.19% 336,123	$16,298,604,000	13.23%
Bank America Corp	13.14% 336,358	$13,376,958,000	10.86%
Raymond James Finl Inc	72.20% 95,359	$11,787,326,000	9.57%
Markel Group Inc	Closed 7,179	$10,571,005,000
Global Business Travel Group, Inc.	Opened 609,859	$4,025,069,000	3.27%
Cardlytics Inc	222.21% 405,788	$3,331,519,000	2.70%
No transactions found
Showing first 500 out of 10 holdings