Aventail Capital L.P. 13F annual report
Aventail Capital L.P. is an investment fund managing more than $1.31 trillion ran by John Lee. There are currently 73 companies in Mr. Lee’s portfolio. The largest investments include Enerplus and Diamondback Inc, together worth $165 billion.
$1.31 trillion Assets Under Management (AUM)
As of 8th May 2024, Aventail Capital L.P.’s top holding is 4,704,652 shares of Enerplus currently worth over $92.5 billion and making up 7.1% of the portfolio value.
Relative to the number of outstanding shares of Enerplus, Aventail Capital L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 366,766 shares of Diamondback Inc worth $72.7 billion, whose value grew 27.1% in the past six months.
The third-largest holding is Conocophillips worth $67.3 billion and the next is Enlink Midstream worth $65.9 billion, with 4,833,665 shares owned.
Currently, Aventail Capital L.P.'s portfolio is worth at least $1.31 trillion. 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 Aventail Capital L.P.
The Aventail Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, John Lee serves as the Chief Compliance Officer at Aventail Capital L.P..
Recent trades
In the most recent 13F filing, Aventail Capital L.P. revealed that it had opened a new position in
Conocophillips and bought 528,840 shares worth $67.3 billion.
The investment fund also strengthened its position in Enerplus by buying
447,272 additional shares.
This makes their stake in Enerplus total 4,704,652 shares worth $92.5 billion.
Enerplus soared 41.8% in the past year.
On the other hand, there are companies that Aventail Capital L.P. is getting rid of from its portfolio.
Aventail Capital L.P. closed its position in Pioneer Nat Res Co on 15th May 2024.
It sold the previously owned 299,112 shares for $68.7 billion.
John Lee also disclosed a decreased stake in Diamondback Inc by 0.2%.
This leaves the value of the investment at $72.7 billion and 366,766 shares.
One of the largest hedge funds
The two most similar investment funds to Aventail Capital L.P. are Easterly Investment Partners and Tectonic Advisors. They manage $1.31 trillion and $1.31 trillion respectively.
John Lee investment strategy
Aventail Capital L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Energy — making up 48.6% of
the total portfolio value.
The fund focuses on investments in the United States as
57.5% 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
25% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $15.4 billion.
The complete list of Aventail Capital L.P. trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Enerplus Corporation |
10.51%
4,704,652
|
$92,493,458,000 | 7.07% |
| Diamondback Energy Inc |
18.50%
366,766
|
$72,682,018,000 | 5.55% |
| Pioneer Nat Res Co |
Closed
299,112
|
$68,661,160,000 | |
| Conocophillips |
Opened
528,840
|
$67,310,755,000 | 5.14% |
| Enlink Midstream LLC |
172.94%
4,833,665
|
$65,931,191,000 | 5.04% |
| Permian Resources Corp |
51.05%
2,979,270
|
$52,613,908,000 | 4.02% |
| Occidental Pete Corp |
Closed
781,104
|
$50,678,028,000 | |
| Matador Res Co |
22.40%
753,317
|
$50,298,976,000 | 3.84% |
| Equitrans Midstream Corporation |
Closed
5,116,422
|
$47,940,874,000 | |
| Entergy Corp. |
203.33%
449,450
|
$47,497,876,000 | 3.63% |
| Constellation Energy Corp |
Closed
400,000
|
$43,632,000,000 | |
| Northern Oil & Gas Inc |
Closed
1,052,638
|
$42,347,627,000 | |
| Ovintiv Inc |
33.49%
798,078
|
$41,420,248,000 | 3.16% |
| Oneok Inc. |
Opened
500,000
|
$40,085,000,000 | 3.06% |
| Targa Res Corp |
51.94%
357,741
|
$40,063,415,000 | 3.06% |
| Antero Midstream Corp |
Opened
2,747,940
|
$38,636,036,000 | 2.95% |
| Range Res Corp |
120.54%
1,086,861
|
$37,420,624,000 | 2.86% |
| Vital Energy Inc |
35.54%
700,000
|
$36,778,000,000 | 2.81% |
| Vistra Corp |
50.41%
526,441
|
$36,666,616,000 | 2.80% |
| Southwestern Energy Company |
Closed
5,476,588
|
$35,323,993,000 | |
| Callon Pete Co Del |
Closed
900,000
|
$35,208,000,000 | |
| Cenovus Energy Inc |
224.29%
1,729,085
|
$34,564,409,000 | 2.64% |
| Murphy Oil Corp. |
Closed
759,225
|
$34,430,854,000 | |
| Hess Midstream LP |
28.01%
880,468
|
$31,811,309,000 | 2.43% |
| Crescent Energy Company |
23.90%
2,598,037
|
$30,916,640,000 | 2.36% |
| Plains Gp Hldgs L P |
60.24%
1,620,715
|
$29,578,049,000 | 2.26% |
| Cnx Res Corp |
1.90%
1,205,023
|
$28,583,146,000 | 2.18% |
| HF Sinclair Corporation |
Closed
500,000
|
$28,465,000,000 | |
| Schlumberger Ltd. |
2,555.34%
500,000
|
$27,405,000,000 | 2.09% |
| EQT Corp |
Opened
721,071
|
$26,730,102,000 | 2.04% |
| Exxon Mobil Corp. |
Closed
225,000
|
$26,455,500,000 | |
| Cheniere Energy Inc. |
62.78%
150,335
|
$24,246,029,000 | 1.85% |
| Marathon Pete Corp |
Opened
110,254
|
$22,216,181,000 | 1.70% |
| Coterra Energy Inc |
1,402.76%
778,788
|
$21,712,609,000 | 1.66% |
| Viper Energy Inc |
Opened
558,482
|
$21,479,218,000 | 1.64% |
| PPL Corp |
47.00%
747,625
|
$20,582,116,000 | 1.57% |
| DTE Energy Co. |
Opened
181,073
|
$20,305,526,000 | 1.55% |
| Consolidated Edison, Inc. |
Closed
227,250
|
$19,436,692,000 | |
| Clean Harbors, Inc. |
Opened
91,964
|
$18,513,273,000 | 1.41% |
| Evergy Inc |
Opened
335,050
|
$17,884,969,000 | 1.37% |
| SM Energy Co |
Closed
416,329
|
$16,507,445,000 | |
| Teekay Tankers Ltd |
Opened
251,696
|
$14,701,563,000 | 1.12% |
| Chord Energy Corporation |
Closed
86,552
|
$14,027,483,000 | |
| Highpeak Energy Inc |
Closed
750,000
|
$12,660,000,000 | |
| The Southern Co. |
Closed
181,799
|
$11,766,031,000 | |
| Sable Offshore Corp |
Opened
1,000,000
|
$10,960,000,000 | 0.84% |
| Canadian Nat Res Ltd |
Closed
160,000
|
$10,347,200,000 | |
| Public Svc Enterprise Grp In |
Opened
151,185
|
$10,096,134,000 | 0.77% |
| Scorpio Tankers Inc |
Opened
141,022
|
$10,090,124,000 | 0.77% |
| Baker Hughes Company |
Opened
300,000
|
$10,050,000,000 | 0.77% |
| Duke Energy Corp. |
228.76%
103,631
|
$10,022,154,000 | 0.77% |
| Pinnacle West Cap Corp |
Opened
127,609
|
$9,536,221,000 | 0.73% |
| Archrock Inc |
169.15%
479,309
|
$9,428,008,000 | 0.72% |
| Mastec Inc. |
Opened
96,761
|
$9,022,963,000 | 0.69% |
| NiSource Inc |
Closed
335,849
|
$8,288,753,000 | |
| Civitas Resources Inc |
67.01%
100,000
|
$7,591,000,000 | 0.58% |
| Noble Corp Plc |
Opened
154,867
|
$7,509,501,000 | 0.57% |
| UGI Corp. |
Opened
303,200
|
$7,440,528,000 | 0.57% |
| Dominion Energy Inc |
Opened
145,180
|
$7,141,404,000 | 0.55% |
| Flame Acquisition Corp |
Closed
676,220
|
$7,073,126,000 | |
| Williams Cos Inc |
Closed
200,000
|
$6,738,000,000 | |
| Core & Main, Inc. |
Opened
115,035
|
$6,585,754,000 | 0.50% |
| Diamond Offshore Drilling In |
Opened
468,357
|
$6,388,389,000 | 0.49% |
| Earthstone Energy Inc |
Closed
313,155
|
$6,338,257,000 | |
| Kodiak Gas Svcs Inc |
77.14%
208,154
|
$5,690,930,000 | 0.43% |
| NextDecade Corporation |
517.88%
966,494
|
$5,489,686,000 | 0.42% |
| NRG Energy Inc. |
Closed
140,000
|
$5,392,800,000 | |
| NextEra Energy Inc |
Opened
84,000
|
$5,368,440,000 | 0.41% |
| Pembina Pipeline Corporation |
Opened
145,788
|
$5,147,437,000 | 0.39% |
| PBF Energy Inc |
60.04%
85,000
|
$4,893,450,000 | 0.37% |
| Clean Energy Fuels Corp |
Closed
1,209,593
|
$4,632,741,000 | |
| Encore Wire Corp. |
Opened
17,615
|
$4,628,870,000 | 0.35% |
| Seadrill 2021 Ltd |
Opened
81,166
|
$4,082,650,000 | 0.31% |
| Expro Group Holdings Nv |
Opened
200,000
|
$3,994,000,000 | 0.31% |
| Silverbow Res Inc |
84.34%
114,824
|
$3,920,091,000 | 0.30% |
| Talos Energy Inc |
Opened
258,748
|
$3,604,360,000 | 0.28% |
| Magnolia Oil & Gas Corp |
Closed
150,000
|
$3,436,500,000 | |
| Ardmore Shipping Corp |
Opened
182,854
|
$3,002,463,000 | 0.23% |
| Kosmos Energy Ltd |
194.97%
500,000
|
$2,980,000,000 | 0.23% |
| Gulfport Energy Corp. |
94.62%
18,183
|
$2,911,462,000 | 0.22% |
| Murphy USA Inc |
73.29%
6,709
|
$2,812,413,000 | 0.21% |
| CVR Energy Inc |
Closed
74,260
|
$2,527,068,000 | |
| BP plc |
Closed
55,177
|
$2,136,453,000 | |
| Golar Lng |
16.21%
88,416
|
$2,127,289,000 | 0.16% |
| TechnipFMC plc |
Closed
100,000
|
$2,034,000,000 | |
| Propetro Hldg Corp |
Closed
175,000
|
$1,860,250,000 | |
| Ge Vernova Llc |
Opened
12,000
|
$1,641,000,000 | 0.13% |
| Exelon Corp. |
Opened
42,790
|
$1,607,620,000 | 0.12% |
| nVent Electric plc |
Opened
20,000
|
$1,508,000,000 | 0.12% |
| TC Energy Corporation |
Opened
36,045
|
$1,449,009,000 | 0.11% |
| Viper Energy Partners Lp |
Closed
50,000
|
$1,394,000,000 | |
| Otter Tail Corporation |
Opened
16,033
|
$1,385,251,000 | 0.11% |
| Allete, Inc. |
Opened
22,978
|
$1,370,408,000 | 0.10% |
| Baytex Energy Corp |
Closed
250,000
|
$1,102,500,000 | |
| Dow Inc |
Opened
18,568
|
$1,075,644,000 | 0.08% |
| Knife River Corp |
Closed
22,000
|
$1,074,260,000 | |
| Tidewater Inc. |
Closed
15,000
|
$1,066,050,000 | |
| Itron Inc. |
Opened
11,141
|
$1,030,765,000 | 0.08% |
| Sandridge Energy Inc |
No change
70,000
|
$1,019,900,000 | 0.08% |
| Phillips 66 |
Closed
8,271
|
$993,761,000 | |
| Dorian LPG Ltd |
Opened
25,000
|
$961,500,000 | 0.07% |
| Dt Midstream Inc |
Closed
16,933
|
$896,094,000 | |
| Northwest Pipe Co. |
No change
18,416
|
$638,667,000 | 0.05% |
| NewMarket Corp. |
Opened
1,000
|
$634,620,000 | 0.05% |
| Granite Ridge Resources Inc |
47.06%
90,000
|
$585,000,000 | 0.04% |
| Texas Pacific Land Corporati |
Closed
300
|
$547,068,000 | |
| Element Solutions Inc |
Opened
20,000
|
$499,600,000 | 0.04% |
| Helmerich & Payne, Inc. |
Closed
10,000
|
$421,600,000 | |
| Halliburton Co. |
Closed
10,000
|
$405,000,000 | |
| Hess Corporation |
Closed
2,262
|
$346,086,000 | |
| Patterson-UTI Energy Inc |
Closed
20,000
|
$276,800,000 | |
| Xylem Inc |
Closed
3,000
|
$273,090,000 | |
| Trinseo PLC |
Closed
27,108
|
$221,472,000 | |
| No transactions found | |||
| Showing first 500 out of 113 holdings | |||
Hedge funds similar to Aventail Capital L.P.
- Cantor Fitzgerald Investment Advisors L.P.
- Gallagher Fiduciary Advisors
- Polaris Wealth Advisory
- Courier Capital
- Westpac Banking Corp
- Alerus Financial Na
- Tectonic Advisors
- Easterly Investment Partners
- Hamilton Capital
- Community Trust & Investment Co
- Pitcairn Co
- Cidel Asset Management Inc
- Prana Capital Management, L.P.
- Fernbridge Capital Management L.P.