Riverstone Holdings is an investment fund managing more than $754 billion ran by Thomas Smith. There are currently 5 companies in Mr. Smith’s portfolio. The largest investments include Permian Resources Corp and Veren, together worth $710 billion.
As of 7th August 2024, Riverstone Holdings’s top holding is 39,187,864 shares of Permian Resources Corp currently worth over $633 billion and making up 83.9% of the portfolio value.
Relative to the number of outstanding shares of Permian Resources Corp, Riverstone Holdings owns more than 0.1% of the company.
In addition, the fund holds 9,823,723 shares of Veren worth $77.3 billion, whose value grew 35.5% in the past six months.
The third-largest holding is Vital Energy Inc worth $22.4 billion and the next is Enviva Inc worth $13.9 billion, with 32,416,420 shares owned.
Currently, Riverstone Holdings's portfolio is worth at least $754 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.
The Riverstone Holdings office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Thomas Smith serves as the Authorized Person at Riverstone Holdings.
In the most recent 13F filing, Riverstone Holdings revealed that it had opened a new position in
Veren and bought 9,823,723 shares worth $77.3 billion.
On the other hand, there are companies that Riverstone Holdings is getting rid of from its portfolio.
Riverstone Holdings closed its position in Crescent Pt Energy Corp on 14th August 2024.
It sold the previously owned 41,757,442 shares for $289 billion.
Thomas Smith also disclosed a decreased stake in Permian Resources Corp by 0.2%.
This leaves the value of the investment at $633 billion and 39,187,864 shares.
The two most similar investment funds to Riverstone Holdings are Inspire Advisors and Berkshire Money Management. They manage $754 billion and $753 billion respectively.
Riverstone Holdings’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Energy — making up 94.2% of
the total portfolio value.
The fund focuses on investments in the United States as
40.0% 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
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 $3.32 billion.
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 |
|---|---|---|---|
| Permian Resources Corp |
21.34%
39,187,864
|
$632,884,004,000 | 83.93% |
| Crescent Pt Energy Corp |
Closed
41,757,442
|
$289,379,073,000 | |
| Vital Energy Inc |
Closed
3,370,497
|
$153,323,909,000 | |
| Veren Inc. |
Opened
9,823,723
|
$77,312,700,000 | 10.25% |
| Vital Energy Inc |
Opened
500,284
|
$22,422,729,000 | 2.97% |
| Enviva Inc |
No change
32,416,420
|
$13,939,061,000 | 1.85% |
| Solid Power Inc |
2.88%
4,545,107
|
$7,499,427,000 | 0.99% |
| Tritium Dcfc Limited |
Closed
7,537,637
|
$1,658,280,000 | |
| No transactions found | |||
| Showing first 500 out of 8 holdings | |||