Consilium Investment Management 13F annual report

Consilium Investment Management is an investment fund managing more than $21 million ran by Charles Cassel. There are currently 6 companies in Mr. Cassel’s portfolio. The largest investments include Irsa Propiedades Comerciales and Cresud S A C I F Y A, together worth $13.8 million.

$21 million Assets Under Management (AUM)

As of 7th October 2020, Consilium Investment Management’s top holding is 618,615 shares of Irsa Propiedades Comerciales currently worth over $8.04 million and making up 38.3% of the portfolio value. In addition, the fund holds 976,102 shares of Cresud S A C I F Y A worth $5.77 million. The third-largest holding is Pampa Energia S A worth $2.43 million and the next is Arcos Dorados worth $2.26 million, with 335,551 shares owned.

Currently, Consilium Investment Management's portfolio is worth at least $21 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 Consilium Investment Management

The Consilium Investment Management office and employees reside in Ft. Lauderdale, Florida. According to the last 13-F report filed with the SEC, Charles Cassel serves as the CFO and CCO at Consilium Investment Management.

Recent trades

In the most recent 13F filing, Consilium Investment Management revealed that it had increased its stake in Irsa Propiedades Comerciales and bought 784 additional shares worth around .

On the other hand, there are companies that Consilium Investment Management is getting rid of from its portfolio. Consilium Investment Management closed its position in Banco Macro SA on 31st October 2019. It sold the previously owned 112,994 shares for $8.23 million. Charles Cassel also disclosed a decreased stake in Pampa Energia S A by 0.6%. This leaves the value of the investment at $2.43 million and 140,180 shares.

One of the smallest hedge funds

The two most similar investment funds to Consilium Investment Management are Belfer Management and Fourpoints Investment Managers, S.a.s. They manage $21 million and $21.1 million respectively.

Charles Cassel investment strategy

Consilium Investment Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 10.7% of the total portfolio value. The fund focuses on investments in the Uruguay as 16.7% of the portfolio companies are based in the Uruguay.

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 approximately 0.1% 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 $846 million.

The complete list of Consilium Investment Management trades based on 13F SEC filings

These positions were updated on October 31st 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
Banco Macro SA	Closed 112,994	$8,232,000
Irsa Propiedades Comerciales	0.13% 618,615	$8,042,000	38.34%
Cresud S A C I F Y A	No change 976,102	$5,769,000	27.50%
Ypf Sociedad Anonima	Closed 281,192	$5,121,000
Pampa Energia S A	55.40% 140,180	$2,434,000	11.60%
Arcos Dorados Holdings, Inc.	48.51% 335,551	$2,255,000	10.75%
Cementos Pacasmayo S A A	20.51% 169,576	$1,501,000	7.16%
Grana Y Montero S A A	No change 406,579	$976,000	4.65%
No transactions found
Showing first 500 out of 8 holdings