WhaleCreep

Alta Fox Capital Management, LLC 13F holdings, Q4 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-12-31, filed 2024-02-14

Alta Fox Capital Management, LLC disclosed 15 US equity positions worth $156.4m in its Q4 2023 13F filing. Its largest position is FCFS at 17.1% of the reported book, followed by IWM and MTCH. Versus Q3 2023 it opened 4 new positions, added to 4, reduced 4 and exited 5.

$156m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
15
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
17.1%
Largest position
The largest single position as a share of the reported equity book.
84.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
11
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
19
Quarters on file since Q4 2021
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2023: 4 new, 4 added, 4 reduced, 5 exited

15 rows
FCFS FIRSTCASH HOLDINGS INCFinancial Services17.1%$26.7m246,245–new
IWM ISHARES TR–11.1%$17.4m86,700–new
MTCH MATCH GROUP INC NEWCommunication Services9.2%$14.4m395,300–new
GRND GRINDR INCTechnology9.0%$14.0m1.60m+691%added
DAKT DAKTRONICS INCTechnology8.0%$12.5m1.47m−13%reduced
WCN WASTE CONNECTIONS INCIndustrials7.8%$12.2m81,600+58%added
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical6.1%$9.6m52,622−6.2%reduced
MAR MARRIOTT INTL INC NEWConsumer Cyclical5.5%$8.6m38,200−7.7%reduced
WSC WILLSCOT HLDGS CORPIndustrials5.4%$8.5m190,500+19%added
MSFT MICROSOFT CORPTechnology5.2%$8.1m21,500−4.0%reduced
AMZN AMAZON COM INCConsumer Cyclical5.0%$7.9m51,852+3.2%added
IDT IDT CORPCommunication Services4.2%$6.6m193,566–new
KKR KKR & CO INCFinancial Services3.0%$4.7m56,4600.0%held
GOOGL ALPHABET INCCommunication Services2.3%$3.5m25,2000.0%held
MA MASTERCARD INCFinancial Services1.1%$1.8m4,2000.0%held

Exited since Q3 2023

5 rows
CASH PATHWARD FINANCIAL INC9.4%$8.5m
GXO GXO LOGISTICS INCORPORATED5.1%$4.7m
DOLE DOLE PLC5.1%$4.6m
CB CHUBB LIMITED3.8%$3.5m
LUXE LUXEXPERIENCE BV1.9%$1.7m

Sector mix

  • Technology22.1%
  • Financial Services21.2%
  • Consumer Cyclical16.7%
  • Communication Services15.7%
  • Industrials13.2%
  • Unclassified11.1%

Book over time

Every quarter on file (19)
QuarterPositionsEquity book
Q2 202615$497m
Q1 20269$378m
Q4 202513$465m
Q3 202519$449m
Q2 202519$368m
Q1 202515$252m
Q4 202413$281m
Q3 202414$196m
Q2 202413$158m
Q1 202412$131m
Q4 202315$156m
Q3 202316$91.3m
Q2 202315$122m
Q1 202310$106m
Q4 202214$126m
Q3 202215$324m
Q2 202216$476m
Q1 202213$409m
Q4 202114$196m

Where Alta Fox Capital Management, LLC was early

2 rows
GRND GRINDR INCQ3 20233 of 771.3%9.0%2Exited by Q1 2024+53%
RHLD RESOLUTE HLDGS MGMT INCQ1 20254 of 422.1%2.1%2Exited by Q3 2025+1.7%

Concentration and tenure

25.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
92.6%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters