Avala Global L.P. 13F annual report
Avala Global L.P. is an investment fund managing more than $1.37 trillion ran by David Angstreich. There are currently 24 companies in Mr. Angstreich’s portfolio. The largest investments include Amazon.com and NVIDIA Corp, together worth $275 billion.
$1.37 trillion Assets Under Management (AUM)
As of 7th August 2024, Avala Global L.P.’s top holding is 777,703 shares of Amazon.com currently worth over $150 billion and making up 10.9% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Avala Global L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,010,010 shares of NVIDIA Corp worth $125 billion, whose value fell 84.3% in the past six months.
The third-largest holding is CyberArk Software Ltd worth $85.8 billion and the next is Wix.com Ltd worth $83.4 billion, with 524,600 shares owned.
Currently, Avala Global L.P.'s portfolio is worth at least $1.37 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 Avala Global L.P.
The Avala Global L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, David Angstreich serves as the Chief Operating Officer at Avala Global L.P..
Recent trades
In the most recent 13F filing, Avala Global L.P. revealed that it had opened a new position in
Apple Inc and bought 236,600 shares worth $49.8 billion.
This means they effectively own approximately 0.1% of the company.
Apple Inc makes up
19.9%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 23.3% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
880,919 additional shares.
This makes their stake in NVIDIA Corp total 1,010,010 shares worth $125 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Avala Global L.P. is getting rid of from its portfolio.
Avala Global L.P. closed its position in Builders Firstsource Inc on 14th August 2024.
It sold the previously owned 306,279 shares for $63.9 billion.
David Angstreich also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $150 billion and 777,703 shares.
One of the largest hedge funds
The two most similar investment funds to Avala Global L.P. are American Family Investments and Generate Investment Management Ltd. They manage $1.37 trillion and $1.37 trillion respectively.
David Angstreich investment strategy
Avala Global L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 49.1% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% 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
50% 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 $282 billion.
The complete list of Avala Global L.P. trades based on 13F SEC filings
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 |
|---|---|---|---|
| Amazon.com Inc. |
2.52%
777,703
|
$150,291,105,000 | 10.94% |
| NVIDIA Corp |
682.40%
1,010,010
|
$124,776,635,000 | 9.08% |
| CyberArk Software Ltd |
No change
313,942
|
$85,838,022,000 | 6.25% |
| Wix.com Ltd |
12.06%
524,600
|
$83,448,122,000 | 6.07% |
| Nu Hldgs Ltd |
4.30%
6,447,450
|
$83,107,631,000 | 6.05% |
| Taiwan Semiconductor Mfg Ltd |
5.80%
463,700
|
$80,595,697,000 | 5.87% |
| Builders Firstsource Inc |
Closed
306,279
|
$63,874,485,000 | |
| News Corp |
No change
2,269,800
|
$62,578,386,000 | 4.56% |
| Advanced Micro Devices Inc. |
8.53%
377,458
|
$61,227,462,000 | 4.46% |
| Microsoft Corporation |
18.29%
135,397
|
$60,515,689,000 | 4.40% |
| Western Digital Corp. |
49.61%
770,200
|
$58,358,054,000 | 4.25% |
| Salesforce Inc |
Closed
192,485
|
$57,972,632,000 | |
| Okta Inc |
20.30%
577,317
|
$54,042,644,000 | 3.93% |
| Seagate Technology Hldngs Pl |
27.64%
521,695
|
$53,875,443,000 | 3.92% |
| Tempur Sealy International Inc |
25.06%
1,074,305
|
$50,857,599,000 | 3.70% |
| Apple Inc |
Opened
236,600
|
$49,832,692,000 | 3.63% |
| Dynatrace Inc |
135.29%
1,012,200
|
$45,285,828,000 | 3.30% |
| Micron Technology Inc. |
167.51%
337,600
|
$44,404,528,000 | 3.23% |
| Woodward Inc |
Opened
253,600
|
$44,222,768,000 | 3.22% |
| PTC Inc |
20.17%
226,394
|
$41,128,998,000 | 2.99% |
| Carpenter Technology Corp. |
Opened
350,300
|
$38,385,874,000 | 2.79% |
| Ge Vernova Inc |
Opened
222,800
|
$38,212,428,000 | 2.78% |
| Rubrik Inc. |
Opened
750,000
|
$22,995,000,000 | 1.67% |
| Lamb Weston Holdings Inc |
Closed
186,900
|
$19,910,457,000 | |
| Vertiv Holdings Co |
40.95%
227,000
|
$19,651,390,000 | 1.43% |
| Meta Platforms Inc |
78.06%
31,200
|
$15,731,664,000 | 1.15% |
| Procore Technologies, Inc. |
Closed
183,000
|
$15,037,110,000 | |
| Sony Group Corp |
Closed
173,300
|
$14,858,742,000 | |
| Reddit Inc |
No change
70,000
|
$4,472,300,000 | 0.33% |
| Astera Labs Inc |
Closed
20,000
|
$1,483,800,000 | |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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