Evermore Global Advisors 13F annual report

Evermore Global Advisors is an investment fund managing more than $26.3 billion ran by Eric Legoff. There are currently 7 companies in Mr. Legoff’s portfolio. The largest investments include Calumet Specialty Prods Part and KKR & Co. Inc, together worth $17.5 billion.

$26.3 billion Assets Under Management (AUM)

As of 11th January 2023, Evermore Global Advisors’s top holding is 801,055 shares of Calumet Specialty Prods Part currently worth over $13.5 billion and making up 51.4% of the portfolio value. In addition, the fund holds 86,155 shares of KKR & Co. Inc worth $4 billion, whose value grew 9.9% in the past six months. The third-largest holding is Eneti Inc worth $2.57 billion and the next is Esab Corporation worth $2.29 billion, with 48,800 shares owned.

Currently, Evermore Global Advisors's portfolio is worth at least $26.3 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 Evermore Global Advisors

The Evermore Global Advisors office and employees reside in Summit, New Jersey. According to the last 13-F report filed with the SEC, Eric Legoff serves as the President and Chief Operating Officer at Evermore Global Advisors.

Recent trades

There are companies that Evermore Global Advisors is getting rid of from its portfolio. Evermore Global Advisors closed its position in Zim Integrated Shipping Serv on 18th January 2023. It sold the previously owned 214,950 shares for $5.05 million. Eric Legoff also disclosed a decreased stake in Calumet Specialty Prods Part by 0.3%. This leaves the value of the investment at $13.5 billion and 801,055 shares.

One of the largest hedge funds

The two most similar investment funds to Evermore Global Advisors are Blackstone and Sands Capital Management. They manage $26.5 billion and $26.6 billion respectively.

Eric Legoff investment strategy

Evermore Global Advisors’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Finance — making up 15.2% of the total portfolio value. The fund focuses on investments in the United States as 28.6% 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 $16 billion.

The complete list of Evermore Global Advisors trades based on 13F SEC filings

These positions were updated on January 18th 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
Calumet Specialty Prods Part	27.64% 801,055	$13,521,808,000	51.40%
KKR & Co. Inc	No change 86,155	$3,999,315,000	15.20%
Eneti Inc	55.17% 255,973	$2,572,529,000	9.78%
Esab Corporation	17.47% 48,800	$2,289,696,000	8.70%
IAC Inc	24.93% 39,051	$1,733,864,000	6.59%
Enovis Corporation	23.43% 25,600	$1,370,112,000	5.21%
Frontline Ltd	9.95% 67,404	$818,285,000	3.11%
Zim Integrated Shipping Serv	Closed 214,950	$5,051,000
Euronav NV	Closed 255,090	$3,926,000
Genco Shipping & Trading Ltd	Closed 237,174	$2,972,000
International Seaways Inc	Closed 45,900	$1,612,000
No transactions found
Showing first 500 out of 11 holdings