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Blue Ridge Capital: 13F holdings, Q3 2022

Tiger lineage · SEC EDGAR filings (CIK 0001232960) · Explore on the interactive board

Blue Ridge Capital disclosed 17 US equity positions worth $30.6m in its Q3 2022 13F filing (holdings as of September 30, 2022, filed November 14, 2022). Its largest position is OXY at 15.1% of the reported book, followed by ENVX, CONTINENTAL RES INC. The top ten holdings are 76.5% of the book, and the portfolio behaves like about 12 equal-weight positions. Versus the prior filing it opened 10 new positions, added to 3, reduced 3 and exited 9. Note: this manager's most recent filing is 15 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 15 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$30.6mreported US equity book
17positions
15.1%largest position
76.5%top 10 weight
12.32effective positions (1/HHI)
15quarters on file since Q1 2003

What does Blue Ridge Capital own? Top holdings as of September 30, 2022

Change is measured in shares against the previous filing (Q2 2022), so price moves do not read as decisions. This quarter: 10 new, 3 added, 3 reduced, 9 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 OXY OCCIDENTAL PETE CORP Energy 15.1%$4.6m75,000 50% added
2 ENVX ENOVIX CORPORATION Industrials 15.0%$4.6m250,000 0% held
3 CONTINENTAL RES INC 6.8%$2.1m30,955 -19% reduced
4 BILL BILL COM HLDGS INC Technology 6.5%$2.0m15,000 new
5 NOC NORTHROP GRUMMAN CORP Industrials 6.2%$1.9m4,000 new
6 PYPL PAYPAL HLDGS INC Financial Services 5.6%$1.7m20,000 new
7 SNOW SNOWFLAKE INC Technology 5.6%$1.7m10,000 new
8 CRWD CROWDSTRIKE HLDGS INC Technology 5.4%$1.6m10,000 -33% reduced
9 PANW PALO ALTO NETWORKS INC Technology 5.4%$1.6m10,000 100% added
10 WOLF WOLFSPEED INC Technology 5.1%$1.6m15,000 new
11 ASPN ASPEN AEROGELS INC Basic Materials 5.0%$1.5m167,119 56% added
12 PR PERMIAN RESOURCES CORP Energy 3.9%$1.2m175,000 new
13 NFLX NETFLIX INC Communication Services 3.9%$1.2m5,000 new
14 APA APA CORPORATION Energy 3.4%$1.0m30,000 -40% reduced
15 DBRG DIGITALBRIDGE GROUP INC Financial Services 3.3%$1.0m80,000 new
16 DDOG DATADOG INC Technology 2.9%$888.0k10,000 new
17 FREYR BATTERY 1.2%$356.0k25,000 new

What did Blue Ridge Capital sell? Positions exited since the previous filing

StockPrior weightPrior value
DIGITALBRIDGE GROUP INC26.6%$4.9m
HAL HALLIBURTON CO18.0%$3.3m
MOS MOSAIC CO NEW15.5%$2.8m
FANG DIAMONDBACK ENERGY INC13.2%$2.4m
EOG EOG RES INC9.0%$1.7m
DVN DEVON ENERGY CORP NEW7.5%$1.4m
NTR NUTRIEN LTD6.5%$1.2m
SILVERBOW RES INC2.3%$425.0k
LBRT LIBERTY ENERGY INC1.4%$255.0k

Sector mix

SectorWeight
Technology30.8%
Energy22.3%
Industrials21.2%
Financial Services8.9%
Basic Materials5.0%
Communication Services3.9%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q3 202217$30.6m
Q2 202216$33.8m
Q1 202218$47.0m
Q4 202110$51.0m
Q3 201529$33.8m
Q2 201524$38.4m
Q1 201529$46.7m
Q4 201437$54.1m
Q3 201428$57.6m
Q2 201432$101.4m
Q1 201430$101.8m
Q4 201332$110.2m
Q3 201333$115.4m
Q2 201333$108.2m
Q1 200352$99.6m

How concentrated is Blue Ridge Capital's portfolio?

Across every quarter Blue Ridge Capital has filed, its median largest position is 7.8% of the book and its median top-ten weight is 50.4%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 205 completed holding spells, the median lasted 1.0 quarters; 17 positions are still open and their final length is unknown.