Pilgrim Global Advisors 13F annual report

Pilgrim Global Advisors is an investment fund managing more than $504 billion ran by Giselle Casella. There are currently 4 companies in Mrs. Casella’s portfolio. The largest investments include Navios Maritime Partners L.P and Tidewater, together worth $383 billion.

$504 billion Assets Under Management (AUM)

As of 7th August 2024, Pilgrim Global Advisors’s top holding is 4,863,019 shares of Navios Maritime Partners L.P currently worth over $248 billion and making up 49.2% of the portfolio value. Relative to the number of outstanding shares of Navios Maritime Partners L.P, Pilgrim Global Advisors owns less than 0.2% of the company. In addition, the fund holds 1,414,142 shares of Tidewater worth $135 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Sable Offshore Corp worth $121 billion and the next is Noble Corp Plc worth $632 million, with 14,154 shares owned.

Currently, Pilgrim Global Advisors's portfolio is worth at least $504 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 Pilgrim Global Advisors

The Pilgrim Global Advisors office and employees reside in Reno, Nevada. According to the last 13-F report filed with the SEC, Giselle Casella serves as the Chief Compliance Officer at Pilgrim Global Advisors.

Recent trades

In the most recent 13F filing, Pilgrim Global Advisors revealed that it had opened a new position in Sable Offshore Corp and bought 8,000,001 shares worth $121 billion.

The investment fund also strengthened its position in Navios Maritime Partners L.P by buying 215,300 additional shares. This makes their stake in Navios Maritime Partners L.P total 4,863,019 shares worth $248 billion. Navios Maritime Partners L.P soared 93.2% in the past year.

On the other hand, Giselle Casella disclosed a decreased stake in Tidewater by 0.2%. This leaves the value of the investment at $135 billion and 1,414,142 shares.

One of the average hedge funds

The two most similar investment funds to Pilgrim Global Advisors are Pettyjohn, Wood & White, Inc and Intel Corp. They manage $503 billion and $505 billion respectively.

Giselle Casella investment strategy

Pilgrim Global Advisors’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Industrials — making up 49.2% of the total portfolio value. The fund focuses on investments in the Monaco as 25.0% of the portfolio companies are based in the Monaco.

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 $1.85 billion.

The complete list of Pilgrim Global Advisors 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
Navios Maritime Partners L.P.	4.63% 4,863,019	$248,159,860,000	49.24%
Tidewater Inc.	17.68% 1,414,142	$134,640,460,000	26.71%
Sable Offshore Corp	Opened 8,000,001	$120,560,015,000	23.92%
Noble Corp Plc	No change 14,154	$631,976,000	0.13%
No transactions found
Showing first 500 out of 4 holdings