Advantage Alpha Capital Partners L.P. 13F annual report
Advantage Alpha Capital Partners L.P. is an investment fund managing more than $458 billion ran by Joseph Welsh. There are currently 154 companies in Mr. Welsh’s portfolio. The largest investments include LKQ Corp and Sharkninja Inc, together worth $21.5 billion.
$458 billion Assets Under Management (AUM)
As of 6th August 2024, Advantage Alpha Capital Partners L.P.’s top holding is 286,433 shares of LKQ Corp currently worth over $11.9 billion and making up 2.6% of the portfolio value.
Relative to the number of outstanding shares of LKQ Corp, Advantage Alpha Capital Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 127,199 shares of Sharkninja Inc worth $9.56 billion.
The third-largest holding is Healthequity Inc worth $9.07 billion and the next is Middleby worth $8.63 billion, with 70,407 shares owned.
Currently, Advantage Alpha Capital Partners L.P.'s portfolio is worth at least $458 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 Advantage Alpha Capital Partners L.P.
The Advantage Alpha Capital Partners L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Joseph Welsh serves as the Chief Compliance Officer at Advantage Alpha Capital Partners L.P..
Recent trades
In the most recent 13F filing, Advantage Alpha Capital Partners L.P. revealed that it had opened a new position in
Stevanato S.p.A and bought 446,967 shares worth $8.2 billion.
This means they effectively own approximately 0.1% of the company.
Stevanato S.p.A makes up
18.5%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in LKQ Corp by buying
93,479 additional shares.
This makes their stake in LKQ Corp total 286,433 shares worth $11.9 billion.
LKQ Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Advantage Alpha Capital Partners L.P. is getting rid of from its portfolio.
Advantage Alpha Capital Partners L.P. closed its position in FirstCash Inc on 13th August 2024.
It sold the previously owned 62,810 shares for $8.01 billion.
Joseph Welsh also disclosed a decreased stake in Sharkninja Inc by 0.1%.
This leaves the value of the investment at $9.56 billion and 127,199 shares.
One of the average hedge funds
The two most similar investment funds to Advantage Alpha Capital Partners L.P. are Providence Capital Advisors and Euclidean Capital. They manage $458 billion and $458 billion respectively.
Joseph Welsh investment strategy
Advantage Alpha Capital Partners L.P.’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Industrials — making up 22.3% of
the total portfolio value.
The fund focuses on investments in the United States as
62.3% 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
5% 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 $8.9 billion.
The complete list of Advantage Alpha Capital 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 |
|---|---|---|---|
| LKQ Corp |
48.45%
286,433
|
$11,912,748,000 | 2.60% |
| Sharkninja Inc |
10.90%
127,199
|
$9,559,005,000 | 2.09% |
| Healthequity Inc |
0.02%
105,260
|
$9,073,412,000 | 1.98% |
| Middleby Corp. |
0.73%
70,407
|
$8,632,602,000 | 1.88% |
| Bright Horizons Fam Sol In D |
69.16%
77,747
|
$8,558,390,000 | 1.87% |
| Varonis Sys Inc |
50.31%
175,631
|
$8,425,019,000 | 1.84% |
| Grocery Outlet Hldg Corp |
57.60%
379,634
|
$8,397,504,000 | 1.83% |
| Stevanato Group S.p.A. |
Opened
446,967
|
$8,197,375,000 | 1.79% |
| Wesco International, Inc. |
39.24%
51,704
|
$8,196,118,000 | 1.79% |
| Assurant Inc |
7.80%
48,794
|
$8,112,003,000 | 1.77% |
| Ncino, Inc. |
46.78%
254,769
|
$8,012,485,000 | 1.75% |
| FirstCash Holdings Inc |
Closed
62,810
|
$8,010,787,000 | |
| Willscot Mobil Mini Hldng Co |
29.55%
211,358
|
$7,955,515,000 | 1.74% |
| Cogent Communications Hldgs |
4.79%
140,350
|
$7,921,354,000 | 1.73% |
| Encompass Health Corp |
20.56%
89,785
|
$7,702,655,000 | 1.68% |
| UFP Industries Inc |
6.09%
68,396
|
$7,659,620,000 | 1.67% |
| Darling Ingredients Inc |
34.38%
207,200
|
$7,614,600,000 | 1.66% |
| SiteOne Landscape Supply Inc |
23.09%
62,335
|
$7,568,092,000 | 1.65% |
| Appian Corp |
77.64%
243,935
|
$7,527,834,000 | 1.64% |
| MSA Safety Inc |
109.78%
39,858
|
$7,480,948,000 | 1.63% |
| Knife River Corp |
45.77%
105,198
|
$7,378,588,000 | 1.61% |
| Beacon Roofing Supply Inc |
10.75%
77,721
|
$7,033,751,000 | 1.53% |
| First Amern Finl Corp |
Closed
112,805
|
$6,886,745,000 | |
| TREX Co., Inc. |
157.66%
92,778
|
$6,876,705,000 | 1.50% |
| Graco Inc. |
20.37%
86,424
|
$6,851,695,000 | 1.50% |
| Hireright Holdings Corporati |
Closed
477,198
|
$6,809,615,000 | |
| Primo Water Corporation |
1.33%
310,360
|
$6,785,225,000 | 1.48% |
| TopBuild Corp |
2.49%
17,400
|
$6,703,698,000 | 1.46% |
| Ccc Intelligent Solutions Hl |
Opened
601,305
|
$6,680,499,000 | 1.46% |
| Littelfuse, Inc. |
40.42%
25,556
|
$6,531,858,000 | 1.43% |
| Procore Technologies, Inc. |
190.84%
97,352
|
$6,455,411,000 | 1.41% |
| Powerschool Holdings Inc |
Closed
300,820
|
$6,404,458,000 | |
| Pennymac Finl Svcs Inc New |
23.97%
67,029
|
$6,341,780,000 | 1.38% |
| Zeta Global Holdings Corp. |
29.33%
358,050
|
$6,319,583,000 | 1.38% |
| Clarivate Plc |
2.87%
1,086,164
|
$6,180,273,000 | 1.35% |
| Novanta Inc |
35.59%
37,870
|
$6,176,976,000 | 1.35% |
| Masonite Intl Corp |
Closed
46,447
|
$6,105,458,000 | |
| Magnite Inc |
91.63%
454,584
|
$6,041,421,000 | 1.32% |
| RBC Bearings Inc. |
15.80%
21,840
|
$5,898,540,000 | 1.29% |
| TriNet Group Inc |
19.33%
56,633
|
$5,663,300,000 | 1.24% |
| APi Group Corporation |
91.24%
149,858
|
$5,638,624,000 | 1.23% |
| Workiva Inc |
19.61%
76,828
|
$5,607,676,000 | 1.22% |
| First Advantage Corp New |
57.78%
346,281
|
$5,564,736,000 | 1.21% |
| DoubleVerify Holdings, Inc. |
164.19%
277,734
|
$5,407,481,000 | 1.18% |
| Planet Fitness Inc |
14.25%
70,309
|
$5,174,039,000 | 1.13% |
| HubSpot Inc |
11.77%
8,747
|
$5,158,893,000 | 1.13% |
| Privia Health Group Inc |
Closed
262,824
|
$5,148,722,000 | |
| Simpson Mfg Inc |
28.23%
30,369
|
$5,118,088,000 | 1.12% |
| Floor & Decor Holdings Inc |
33.32%
51,431
|
$5,112,756,000 | 1.12% |
| Armstrong World Inds Inc New |
67.23%
44,141
|
$4,998,527,000 | 1.09% |
| Fox Factory Hldg Corp |
51.66%
97,502
|
$4,698,621,000 | 1.03% |
| Harmonic, Inc. |
31.18%
389,585
|
$4,585,415,000 | 1.00% |
| Esco Technologies, Inc. |
25.88%
43,005
|
$4,517,245,000 | 0.99% |
| Kinsale Cap Group Inc |
Closed
8,184
|
$4,294,472,000 | |
| Curtiss-Wright Corp. |
19.63%
15,723
|
$4,260,619,000 | 0.93% |
| Avidxchange Holdings Inc |
Opened
347,794
|
$4,194,396,000 | 0.92% |
| Inter Parfums, Inc. |
33.86%
34,964
|
$4,056,873,000 | 0.89% |
| Watts Water Technologies, Inc. |
Opened
21,336
|
$3,912,382,000 | 0.85% |
| Kirby Corp. |
64.20%
32,196
|
$3,854,827,000 | 0.84% |
| Watsco, Inc. |
Closed
8,902
|
$3,845,397,000 | |
| Casella Waste Sys Inc |
29.11%
38,505
|
$3,820,466,000 | 0.83% |
| ZoomInfo Technologies Inc. |
3.83%
298,878
|
$3,816,672,000 | 0.83% |
| BlackLine Inc |
2.67%
77,494
|
$3,754,584,000 | 0.82% |
| Quaker Houghton |
26.71%
21,835
|
$3,705,400,000 | 0.81% |
| Paymentus Holdings Inc |
72.44%
185,009
|
$3,515,171,000 | 0.77% |
| Radnet Inc |
26.34%
57,646
|
$3,396,502,000 | 0.74% |
| Upwork Inc |
0.02%
311,583
|
$3,349,517,000 | 0.73% |
| Construction Partners Inc |
Closed
58,011
|
$3,257,318,000 | |
| Clearwater Analytics Hldgs I |
28.90%
159,551
|
$2,954,885,000 | 0.64% |
| Certara, Inc. |
Closed
164,629
|
$2,943,567,000 | |
| Latham Group Inc |
9.76%
963,245
|
$2,918,632,000 | 0.64% |
| Albany Intl Corp |
26.67%
34,146
|
$2,883,630,000 | 0.63% |
| Choice Hotels International, Inc. |
18.39%
24,079
|
$2,865,401,000 | 0.63% |
| Core & Main, Inc. |
Closed
48,798
|
$2,793,686,000 | |
| Balchem Corp. |
25.52%
17,751
|
$2,732,766,000 | 0.60% |
| Esab Corporation |
56.49%
28,265
|
$2,669,064,000 | 0.58% |
| Enovis Corporation |
12.12%
58,816
|
$2,658,483,000 | 0.58% |
| Boot Barn Holdings Inc |
47.93%
20,398
|
$2,629,914,000 | 0.57% |
| Guidewire Software Inc |
Closed
22,055
|
$2,574,039,000 | |
| Axon Enterprise Inc |
63.10%
8,394
|
$2,469,851,000 | 0.54% |
| Trupanion Inc |
36.14%
81,913
|
$2,408,242,000 | 0.53% |
| Kadant, Inc. |
Opened
8,133
|
$2,389,313,000 | 0.52% |
| agilon health, inc. |
3.86%
363,978
|
$2,380,416,000 | 0.52% |
| GMS Inc |
75.12%
29,467
|
$2,375,335,000 | 0.52% |
| Cadre Holdings, Inc. |
Opened
70,517
|
$2,366,551,000 | 0.52% |
| Definitive Healthcare Corp |
16.16%
422,446
|
$2,306,555,000 | 0.50% |
| Eventbrite Inc |
2.41%
470,823
|
$2,278,783,000 | 0.50% |
| SLM Corp. |
35.52%
109,198
|
$2,270,226,000 | 0.50% |
| Leslies Inc |
Closed
342,256
|
$2,224,664,000 | |
| Msc Indl Direct Inc |
54.48%
26,794
|
$2,125,032,000 | 0.46% |
| Helios Technologies, Inc. |
27.54%
42,636
|
$2,035,869,000 | 0.44% |
| Ingevity Corp |
41.06%
44,653
|
$1,951,783,000 | 0.43% |
| National Vision Holdings Inc |
19.01%
146,450
|
$1,917,031,000 | 0.42% |
| Omnicell Com |
35.37%
69,773
|
$1,888,755,000 | 0.41% |
| Adma Biologics Inc |
16.76%
153,551
|
$1,716,700,000 | 0.37% |
| Halozyme Therapeutics Inc. |
9.50%
24,506
|
$1,283,134,000 | 0.28% |
| Arcellx Inc |
Closed
15,475
|
$1,076,286,000 | |
| Vericel Corp |
9.51%
22,611
|
$1,037,393,000 | 0.23% |
| Organogenesis Holdings Inc. |
9.51%
358,454
|
$1,003,671,000 | 0.22% |
| Veracyte Inc |
9.51%
45,729
|
$990,947,000 | 0.22% |
| Zymeworks Inc |
Closed
92,307
|
$969,366,000 | |
| Dynavax Technologies Corp. |
9.51%
80,250
|
$901,208,000 | 0.20% |
| MiMedx Group, Inc |
9.51%
126,592
|
$877,063,000 | 0.19% |
| Voyager Therapeutics Inc |
9.51%
110,681
|
$875,487,000 | 0.19% |
| Alkermes plc |
9.51%
35,298
|
$850,682,000 | 0.19% |
| Xencor Inc |
9.51%
42,871
|
$811,548,000 | 0.18% |
| Ironwood Pharmaceuticals Inc |
9.51%
118,514
|
$772,711,000 | 0.17% |
| Arcturus Therapeutics Hldgs |
9.51%
27,040
|
$658,424,000 | 0.14% |
| Mannkind Corp |
Opened
124,968
|
$652,333,000 | 0.14% |
| Acadia Pharmaceuticals Inc |
Opened
38,074
|
$618,703,000 | 0.14% |
| TG Therapeutics Inc |
Opened
34,030
|
$605,394,000 | 0.13% |
| Kiniksa Pharmaceuticals Intl |
Opened
31,258
|
$583,587,000 | 0.13% |
| Catalyst Pharmaceuticals Inc |
Opened
37,320
|
$578,087,000 | 0.13% |
| Cactus Inc |
9.80%
9,699
|
$511,525,000 | 0.11% |
| Callon Pete Co Del |
Closed
13,878
|
$496,277,000 | |
| Silverbow Res Inc |
9.81%
12,598
|
$476,582,000 | 0.10% |
| SM Energy Co |
9.79%
10,748
|
$464,636,000 | 0.10% |
| Gulfport Energy Corp. |
9.78%
3,072
|
$463,872,000 | 0.10% |
| Arcosa Inc |
9.81%
5,518
|
$460,256,000 | 0.10% |
| Exxon Mobil Corp. |
9.80%
3,911
|
$450,234,000 | 0.10% |
| Ovintiv Inc |
9.80%
9,071
|
$425,158,000 | 0.09% |
| Chord Energy Corporation |
9.81%
2,529
|
$424,063,000 | 0.09% |
| California Res Corp |
9.80%
7,904
|
$420,651,000 | 0.09% |
| PBF Energy Inc |
9.80%
9,063
|
$417,079,000 | 0.09% |
| Matador Res Co |
9.81%
6,980
|
$416,008,000 | 0.09% |
| PrimeEnergy Resources Corp |
9.80%
3,857
|
$410,192,000 | 0.09% |
| International Bancshares Cor |
9.50%
7,160
|
$409,624,000 | 0.09% |
| Civitas Resources Inc |
9.79%
5,924
|
$408,756,000 | 0.09% |
| Northern Oil & Gas Inc |
9.81%
10,881
|
$404,447,000 | 0.09% |
| First Bancorp P R |
9.51%
22,023
|
$402,801,000 | 0.09% |
| Vital Energy Inc |
9.81%
8,921
|
$399,839,000 | 0.09% |
| Axos Financial Inc. |
9.51%
6,919
|
$395,421,000 | 0.09% |
| Park Natl Corp |
9.52%
2,767
|
$393,855,000 | 0.09% |
| Murphy Oil Corp. |
9.81%
9,504
|
$391,945,000 | 0.09% |
| APA Corporation |
Opened
13,262
|
$390,433,000 | 0.09% |
| Fulton Finl Corp Pa |
9.50%
22,422
|
$380,726,000 | 0.08% |
| Wsfs Finl Corp |
9.51%
8,019
|
$376,893,000 | 0.08% |
| Old Natl Bancorp Ind |
9.50%
21,420
|
$368,210,000 | 0.08% |
| Umb Finl Corp |
9.52%
4,410
|
$367,882,000 | 0.08% |
| Associated Banc-Corp. |
9.50%
17,319
|
$366,297,000 | 0.08% |
| Hancock Whitney Corp. |
9.51%
7,658
|
$366,282,000 | 0.08% |
| First Finl Bankshares Inc |
9.51%
12,212
|
$360,620,000 | 0.08% |
| Texas Cap Bancshares Inc |
9.52%
5,885
|
$359,809,000 | 0.08% |
| ServisFirst Bancshares Inc |
9.50%
5,698
|
$358,101,000 | 0.08% |
| Ameris Bancorp |
9.52%
6,989
|
$351,896,000 | 0.08% |
| Home Bancshares Inc |
9.51%
14,554
|
$347,905,000 | 0.08% |
| First Finl Bancorp Oh |
9.51%
15,427
|
$342,788,000 | 0.07% |
| CVR Energy Inc |
9.80%
12,803
|
$342,736,000 | 0.07% |
| Bancorp Inc. (The) |
9.51%
8,982
|
$339,160,000 | 0.07% |
| Cadence Bank |
9.51%
11,974
|
$338,614,000 | 0.07% |
| Bancfirst Corp. |
9.49%
3,853
|
$337,908,000 | 0.07% |
| Simmons 1st Natl Corp |
9.51%
19,106
|
$335,883,000 | 0.07% |
| Hilltop Holdings Inc |
9.52%
10,720
|
$335,322,000 | 0.07% |
| Community Financial System I |
9.50%
7,066
|
$333,586,000 | 0.07% |
| Townebank Portsmouth VA |
9.50%
12,160
|
$331,603,000 | 0.07% |
| Atlantic Un Bankshares Corp |
9.50%
10,094
|
$331,588,000 | 0.07% |
| First Merchants Corp. |
9.50%
9,852
|
$327,973,000 | 0.07% |
| SouthState Corporation |
9.49%
4,253
|
$325,014,000 | 0.07% |
| BankUnited Inc |
9.49%
11,029
|
$322,819,000 | 0.07% |
| Glacier Bancorp, Inc. |
9.50%
8,515
|
$317,780,000 | 0.07% |
| First Intst Bancsystem Inc |
9.50%
11,388
|
$316,245,000 | 0.07% |
| United Bankshares Inc West V |
9.50%
9,738
|
$315,901,000 | 0.07% |
| Cathay Gen Bancorp |
9.51%
8,303
|
$313,189,000 | 0.07% |
| United Cmnty Bks Blairsvle G |
9.50%
12,210
|
$310,867,000 | 0.07% |
| Cvb Finl Corp |
9.52%
17,201
|
$296,545,000 | 0.06% |
| Seacoast Bkg Corp Fla |
9.52%
12,539
|
$296,422,000 | 0.06% |
| Pacific Premier Bancorp, Inc. |
9.51%
12,362
|
$283,955,000 | 0.06% |
| Bank Hawaii Corp |
9.52%
4,962
|
$283,876,000 | 0.06% |
| Independent Bk Corp Mass |
9.49%
5,496
|
$278,757,000 | 0.06% |
| Entrada Therapeutics Inc |
99.98%
20
|
$285,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 170 holdings | |||
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