Lakehouse Capital PTY Ltd 13F annual report

Lakehouse Capital PTY Ltd is an investment fund managing more than $154 million ran by Joseph Magyer. There are currently 14 companies in Mr. Magyer’s portfolio. The largest investments include Amazon.com and Visa Inc, together worth $35.6 million.

$154 million Assets Under Management (AUM)

As of 9th May 2022, Lakehouse Capital PTY Ltd’s top holding is 5,775 shares of Amazon.com currently worth over $18.8 million and making up 12.2% of the portfolio value. Relative to the number of outstanding shares of Amazon.com, Lakehouse Capital PTY Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 75,662 shares of Visa Inc worth $16.8 million, whose value fell 7.4% in the past six months. The third-largest holding is MercadoLibre Inc worth $16.3 million and the next is Alphabet Inc worth $15.7 million, with 5,621 shares owned.

Currently, Lakehouse Capital PTY Ltd's portfolio is worth at least $154 million. 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 Lakehouse Capital PTY Ltd

The Lakehouse Capital PTY Ltd office and employees reside in Sydney Nsw, Australia. According to the last 13-F report filed with the SEC, Joseph Magyer serves as the Director at Lakehouse Capital PTY Ltd.

Recent trades

In the most recent 13F filing, Lakehouse Capital PTY Ltd revealed that it had opened a new position in Spotify Technology S.A and bought 51,234 shares worth $7.74 million. This means they effectively own approximately 0.1% of the company. Spotify Technology S.A makes up 13.8% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Amazon.com by buying 100 additional shares. This makes their stake in Amazon.com total 5,775 shares worth $18.8 million. Amazon.com dropped approximately 0.1% in the past year.

On the other hand, there are companies that Lakehouse Capital PTY Ltd is getting rid of from its portfolio. Lakehouse Capital PTY Ltd closed its position in Schwab Charles Corp on 13th May 2022. It sold the previously owned 70,670 shares for $5.15 million. Joseph Magyer also disclosed a decreased stake in Visa Inc by approximately 0.1%. This leaves the value of the investment at $16.8 million and 75,662 shares.

One of the smallest hedge funds

The two most similar investment funds to Lakehouse Capital PTY Ltd are Cordasco Network and Penbrook Management. They manage $154 million and $154 million respectively.

Joseph Magyer investment strategy

Lakehouse Capital PTY Ltd’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 36.3% of the total portfolio value. The fund focuses on investments in the United States as 78.6% 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 93% 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 $292 billion.

The complete list of Lakehouse Capital PTY Ltd trades based on 13F SEC filings

These positions were updated on May 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
Amazon.com Inc.	1.76% 5,775	$18,826,000	12.22%
Visa Inc	0.40% 75,662	$16,780,000	10.90%
MercadoLibre Inc	43.09% 13,714	$16,313,000	10.59%
Alphabet Inc	11.07% 5,621	$15,699,000	10.19%
Costar Group, Inc.	8.60% 198,286	$13,208,000	8.58%
MarketAxess Holdings Inc.	8.12% 32,326	$10,997,000	7.14%
Avalara Inc	91.14% 107,681	$10,715,000	6.96%
PayPal Holdings Inc	22.35% 82,738	$9,569,000	6.21%
Monster Beverage Corp.	32.04% 110,789	$8,852,000	5.75%
ServiceNow Inc	No change 15,207	$8,469,000	5.50%
Spotify Technology S.A.	Opened 51,234	$7,737,000	5.02%
Meta Platforms Inc	54.29% 31,937	$7,102,000	4.61%
Twilio Inc	Opened 37,677	$6,210,000	4.03%
Schwab Charles Corp	Closed 70,670	$5,148,000
Sea Ltd	Opened 29,478	$3,531,000	2.29%
No transactions found
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