Bloom Tree Partners: 13F holdings, Q2 2023
Emerging, concentrated · SEC EDGAR filings (CIK 0001567752) · Explore on the interactive board
Bloom Tree Partners disclosed 44 US equity positions worth $214.7bn in its Q2 2023 13F filing (holdings as of June 30, 2023, filed August 11, 2023). Its largest position is PBR/A at 9.3% of the reported book, followed by JD, GOOG. The top ten holdings are 66.0% of the book, and the portfolio behaves like about 17 equal-weight positions. Versus the prior filing it opened 5 new positions, added to 11, reduced 6 and exited 10. Note: this manager's most recent filing is 12 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Bloom Tree Partners own? Top holdings as of June 30, 2023
Change is measured in shares against the previous filing (Q1 2023), so price moves do not read as decisions. This quarter: 5 new, 11 added, 6 reduced, 10 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | PBR/A PETROLEO BRASILEIRO SA PETRO | 9.3% | $20.0bn | 1,616,878 | 3% | added | |
| 2 | JD JD.COM INC | Consumer Cyclical | 7.7% | $16.5bn | 483,237 | 99% | added |
| 3 | GOOG ALPHABET INC | Communication Services | 7.3% | $15.8bn | 130,317 | 1% | added |
| 4 | CCK CROWN HLDGS INC | Consumer Cyclical | 6.8% | $14.7bn | 169,244 | – | new |
| 5 | C CITIGROUP INC | Financial Services | 6.3% | $13.6bn | 294,954 | 4% | added |
| 6 | OKTA OKTA INC | Technology | 6.2% | $13.3bn | 192,341 | – | new |
| 7 | WDAY WORKDAY INC | Technology | 6.0% | $12.9bn | 57,208 | -27% | reduced |
| 8 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 5.6% | $12.1bn | 119,965 | – | new |
| 9 | FRSH FRESHWORKS INC | Technology | 5.6% | $12.0bn | 684,390 | 82% | added |
| 10 | CRM SALESFORCE INC | Technology | 5.0% | $10.8bn | 51,249 | -48% | reduced |
| 11 | APO APOLLO GLOBAL MGMT INC | Financial Services | 4.9% | $10.5bn | 136,598 | -25% | reduced |
| 12 | CNC CENTENE CORP DEL | Healthcare | 4.9% | $10.5bn | 155,353 | 50% | added |
| 13 | AIG AMERICAN INTL GROUP INC | Financial Services | 4.8% | $10.3bn | 178,744 | 170% | added |
| 14 | NXPI NXP SEMICONDUCTORS N V | Technology | 3.9% | $8.3bn | 40,633 | 111% | added |
| 15 | SMARTSHEET INC | 3.0% | $6.3bn | 165,694 | 4% | added | |
| 16 | ESTC ELASTIC N V | Technology | 2.9% | $6.3bn | 98,767 | -69% | reduced |
| 17 | TENB TENABLE HLDGS INC | Technology | 2.8% | $6.0bn | 138,271 | – | new |
| 18 | VNET VNET GROUP INC | Technology | 2.5% | $5.4bn | 1,868,725 | 3% | added |
| 19 | DIS DISNEY WALT CO | Communication Services | 2.4% | $5.2bn | 57,691 | – | new |
| 20 | ADI ANALOG DEVICES INC | Technology | 1.8% | $4.0bn | 20,363 | 2% | added |
| 21 | ARES ACQUISITION CORPORATION | 0.0% | $41.9m | 52,364 | 0% | held | |
| 22 | BRIDGER AEROSPACE GRP HLDGS | 0.0% | $8.3m | 40,789 | 0% | held | |
| 23 | ECARX HOLDINGS INC | 0.0% | $7.8m | 105,432 | -24% | reduced | |
| 24 | KERNEL GROUP HOLDINGS INC | 0.0% | $5.5m | 50,971 | 0% | held | |
| 25 | THUNDER BRIDGE CAP PRTNRS II | 0.0% | $5.4m | 40,710 | 0% | held | |
| 26 | LANVIN GROUP HOLDINGS LIMITE | 0.0% | $5.1m | 16,313 | 0% | held | |
| 27 | SATELLOGIC INC | 0.0% | $4.7m | 27,425 | 0% | held | |
| 28 | ALLEGO N V | 0.0% | $4.6m | 15,884 | 0% | held | |
| 29 | RMG ACQUISITION CORP III | 0.0% | $3.6m | 32,568 | 0% | held | |
| 30 | MOVELLA HOLDINGS INC | 0.0% | $3.5m | 31,873 | 0% | held | |
| 31 | PAGAYA TECHNOLOGIES LTD | 0.0% | $3.2m | 12,360 | 0% | held | |
| 32 | BENSON HILL INC | 0.0% | $2.0m | 10,276 | 0% | held | |
| 33 | NEAR INTELLIGENCE INC | 0.0% | $1.9m | 14,704 | -10% | reduced | |
| 34 | GLOBAL PARTNER ACQISTN CORP | 0.0% | $1.9m | 52,850 | 0% | held | |
| 35 | OCA ACQUISITION CORP | 0.0% | $1.8m | 41,048 | 0% | held | |
| 36 | SUSTAINABLE DEVELP ACQU I CO | 0.0% | $1.5m | 48,852 | 0% | held | |
| 37 | CONSTELLATION ACQUISITN CORP | 0.0% | $1.3m | 21,876 | 0% | held | |
| 38 | JAWS MUSTANG ACQUISITION COR | 0.0% | $1.2m | 23,494 | 0% | held | |
| 39 | SONDER HOLDINGS INC | 0.0% | $1.1m | 32,740 | 0% | held | |
| 40 | SARCOS TECHN AND ROBOTICS CO | 0.0% | $1.0m | 25,350 | 0% | held | |
| 41 | ROSECLIFF ACQUISITION CORP I | 0.0% | $661.0k | 10,830 | 0% | held | |
| 42 | FAZE HOLDINGS INC | 0.0% | $355.0k | 14,853 | 0% | held | |
| 43 | LUMIRADX LTD | 0.0% | $307.0k | 10,255 | 0% | held | |
| 44 | SWVL HOLDINGS CORP | 0.0% | $214.0k | 13,642 | 0% | held |
What did Bloom Tree Partners sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| BP BP PLC | 22.1% | $11.2bn |
| QUALTRICS INTL INC | 20.2% | $10.3bn |
| XP XP INC | 16.5% | $8.4bn |
| ASAN ASANA INC | 16.3% | $8.3bn |
| UBER UBER TECHNOLOGIES INC | 14.5% | $7.4bn |
| CPRI CAPRI HOLDINGS LIMITED | 10.4% | $5.3bn |
| TH INTERNATIONAL LIMITED | 0.1% | $40.1m |
| ALVARIUM TIEDEMANN HLDNGS IN | 0.0% | $14.9m |
| PONTEM CORPORATION | 0.0% | $5.6m |
| WEJO GROUP LIMITED | 0.0% | $514.0k |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 42.5% |
| Financial Services | 16.0% |
| Consumer Cyclical | 14.5% |
| Communication Services | 9.7% |
| Healthcare | 4.9% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
| Quarter | Positions | Equity value |
|---|---|---|
| Q2 2023 | 44 | $214.7bn |
| Q1 2023 | 49 | $205.7bn |
| Q4 2022 | 51 | $188.2bn |
| Q3 2022 | 72 | $266.9m |
| Q2 2022 | 130 | $411.0m |
| Q1 2022 | 133 | $616.9m |
| Q4 2021 | 143 | $599.3m |
| Q3 2021 | 168 | $752.4m |
| Q2 2021 | 175 | $910.7m |
| Q1 2021 | 146 | $1.1bn |
| Q4 2020 | 35 | $1.2bn |
| Q3 2020 | 24 | $865.4m |
| Q2 2020 | 22 | $822.2m |
| Q1 2020 | 25 | $701.8m |
| Q4 2019 | 20 | $837.6m |
| Q3 2019 | 26 | $972.2m |
Earliest filing: Q4 2012 · 43 quarters on file
How concentrated is Bloom Tree Partners's portfolio?
Across every quarter Bloom Tree Partners has filed, its median largest position is 9.3% of the book and its median top-ten weight is 58.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 558 completed holding spells, the median lasted 2.0 quarters; 44 positions are still open and their final length is unknown.