WhaleCreep

Davidson Kempner Capital Management LP 13F holdings, Q4 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-12-31, filed 2025-08-14

Davidson Kempner Capital Management LP disclosed 236 US equity positions worth $5.7bn in its Q4 2023 13F filing. Its largest position is PXDEUR at 15.1% of the reported book, followed by USX1 and HES. Versus Q3 2023 it opened 54 new positions, added to 38, reduced 30 and exited 92.

$5.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
236
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.1%
Largest position
The largest single position as a share of the reported equity book.
45.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
25
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
50
Quarters on file since Q1 2014
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2023: 54 new, 38 added, 30 reduced, 92 exited

50 of 236
PXDEUR PIONEER NAT RES CO–15.1%$858m3.82m–new
USX1 UNITED STATES STL CORP NEW–7.3%$416m8.54m+287%added
HES HESS CORP–5.1%$290m2.01m–new
WRKUSD WESTROCK CO–4.2%$237m5.71m+394%added
ARKO ARKO CORPConsumer Cyclical3.4%$191m23.14m0.0%held
JOYY INC no ticker–2.6%$145m150.00m0.0%held
PINDUODUO INC no ticker–2.4%$134m130.00m+18%added
W WAYFAIR INCConsumer Cyclical2.0%$113m86.60m+11%added
VNET GROUP INC no ticker–1.9%$106m107.78m+32%added
PLAYA HOTELS & RESORTS NV no ticker–1.9%$106m12.24m−11%reduced
KVUE KENVUE INCConsumer Defensive1.8%$101m4.67m−24%reduced
TMUS T-MOBILE US INCCommunication Services1.8%$99.5m620,774−17%reduced
META META PLATFORMS INCCommunication Services1.7%$98.5m278,148+8.8%added
IMGNEUR IMMUNOGEN INC–1.7%$96.5m3.25m–new
AMZN AMAZON COM INCConsumer Cyclical1.6%$92.7m610,100+713%added
SPLKCHF SPLUNK INC–1.6%$88.8m582,883+1350%added
REDFIN CORP no ticker–1.5%$84.0m130.86m+66%added
LIN LINDE PLCBasic Materials1.4%$80.0m194,682−56%reduced
AOMR ANGEL OAK MORTGAGE REIT INC–1.4%$78.3m7.39m0.0%held
LI AUTO INC no ticker–1.3%$76.4m52.50m+66%added
DLTR DOLLAR TREE INCConsumer Defensive1.3%$74.8m526,720−2.3%reduced
USFD US FOODS HLDG CORPConsumer Defensive1.3%$73.5m1.62m−19%reduced
BKNG BOOKING HOLDINGS INCConsumer Cyclical1.1%$64.3m18,154−9.9%reduced
AXON AXON ENTERPRISE INCIndustrials1.1%$63.0m50.00m–new
MARA MARA HOLDINGS INC–1.0%$57.1m70.00m−18%reduced
MIDD MIDDLEBY CORPIndustrials0.9%$51.7m40.02m+14%added
ZTO EXPRESS CAYMAN INC no ticker–0.8%$47.7m50.00m0.0%held
SRPT SAREPTA THERAPEUTICS INCHealthcare0.8%$45.5m45.00m+7.1%added
NET CLOUDFLARE INCTechnology0.8%$44.9m50.00m0.0%held
ACI ALBERTSONS COMPANIES INCConsumer Defensive0.8%$44.8m1.95m−53%reduced
WDC WESTERN DIGITAL CORP.Technology0.8%$44.5m850,000–new
SMCIUSD SUPER MICRO COMPUTER INC–0.8%$44.1m155,000–new
HALO HALOZYME THERAPEUTICS INCHealthcare0.8%$43.2m50.00m0.0%held
CONFLUENT INC no ticker–0.7%$41.7m50.00m+11%added
LITE LUMENTUM HLDGS INCTechnology0.7%$40.2m40.00m+300%added
FIS FIDELITY NATL INFORMATION SVTechnology0.6%$36.7m610,130−55%reduced
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare0.6%$34.4m35.00m+17%added
CRM SALESFORCE INCTechnology0.6%$33.9m128,669−48%reduced
AZO AUTOZONE INCConsumer Cyclical0.6%$32.8m12,698–new
FIVERR INTL LTD no ticker–0.5%$31.1m35.00m+17%added
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services0.5%$29.7m184,741–new
TURNING PT BRANDS INC no ticker–0.5%$29.4m30.50m+1.7%added
SE SEA LTDConsumer Cyclical0.5%$28.4m34.50m+15%added
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare0.5%$27.5m226,216−49%reduced
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.5%$27.4m474,696–new
WOLF WOLFSPEED INC–0.5%$27.3m40.00m–new
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical0.5%$27.2m347,672+364%added
AQN ALGONQUIN POWER & UTILITIESUtilities0.5%$25.9m4.10m−29%reduced
CHEGG INC no ticker–0.4%$24.9m30.00m+20%added
ACORDA THERAPEUTICS INC no ticker–0.4%$24.7m52.32m0.0%held

Exited since Q3 2023

92 rows
ATVIEUR ACTIVISION BLIZZARD INC21.1%$1.4bn
SGENUSD SEAGEN INC8.0%$522m
HORIZON THERAPEUTICS PUB L no ticker5.5%$356m
VMWEUR VMWARE INC2.0%$131m
ABCAM PLC no ticker1.5%$101m
WMT WALMART INC1.3%$82.1m
TECK TECK RESOURCES LTD1.0%$63.1m
MU MICRON TECHNOLOGY INC0.9%$59.5m
MCD MCDONALDS CORP0.9%$56.0m
NEWREUR NEW RELIC INC0.8%$54.3m
DELL DELL TECHNOLOGIES INC0.7%$44.7m
NIO INC no ticker0.6%$41.2m
BP BP PLC0.6%$36.3m
SPGI S&P GLOBAL INC0.5%$34.6m
AMED AMEDISYS INC0.5%$30.5m
ROST ROSS STORES INC0.4%$24.3m
ROIV ROIVANT SCIENCES LTD0.4%$23.4m
PEBBLEBROOK HOTEL TR no ticker0.3%$19.1m
DRAFTKINGS INC NEW no ticker0.3%$18.9m
ARM ARM HOLDINGS PLC0.3%$18.3m
BL BLACKLINE INC0.3%$17.2m
BURL BURLINGTON STORES INC0.3%$17.1m
SHEL SHELL PLC0.2%$15.3m
WSC WILLSCOT HLDGS CORP0.2%$11.9m
PANW PALO ALTO NETWORKS INC0.2%$11.7m
GEHC GE HEALTHCARE TECHNOLOGIES I0.2%$10.9m
NIO INC no ticker0.2%$10.4m
LIVE OAK CRESTVIEW CLIMATE A no ticker0.2%$10.3m
PZZA PAPA JOHNS INTL INC0.2%$10.2m
CCO CLEAR CHANNEL OUTDOOR HLDGS0.2%$10.1m
CPRI CAPRI HOLDINGS LIMITED0.2%$10.0m
HAS HASBRO INC0.2%$9.9m
OLLI OLLIES BARGAIN OUTLET HLDGS0.1%$9.3m
CRUS CIRRUS LOGIC INC0.1%$9.3m
VZ VERIZON COMMUNICATIONS INC0.1%$8.9m
CTLTEUR CATALENT INC0.1%$7.6m
PLNT PLANET FITNESS INC0.1%$7.5m
ELAN ELANCO ANIMAL HEALTH INC0.1%$7.2m
BIORA THERAPEUTICS INC no ticker0.1%$7.0m
SBUX STARBUCKS CORP0.1%$7.0m
CP CANADIAN PACIFIC KANSAS CITY0.09%$6.1m
NIO INC no ticker0.09%$6.1m
HD HOME DEPOT INC0.08%$5.0m
ILPT INDUSTRIAL LOGISTICS PPTYS T0.06%$3.7m
TSEM TOWER SEMICONDUCTOR LTD0.05%$3.2m
WING WINGSTOP INC0.05%$3.1m
ROL ROLLINS INC0.05%$3.0m
SG SWEETGREEN INC0.04%$2.7m
WK WORKIVA INC0.03%$2.0m
ALGM ALLEGRO MICROSYSTEMS INC0.03%$1.9m

Sector mix

  • Unclassified58.4%
  • Consumer Cyclical12.3%
  • Technology7.9%
  • Consumer Defensive6.3%
  • Communication Services5.3%
  • Healthcare2.9%
  • Industrials2.9%
  • Basic Materials1.5%
  • Real Estate1.2%
  • Utilities0.6%
  • Financial Services0.4%
  • Energy0.3%

Book over time

Every quarter on file (50)
QuarterPositionsEquity book
Q2 2026229$6.2bn
Q1 2026225$5.6bn
Q4 2025216$6.8bn
Q3 2025228$7.1bn
Q2 2025188$6.6bn
Q1 2025199$7.1bn
Q4 2024194$5.7bn
Q3 2024212$4.6bn
Q2 2024247$6.0bn
Q1 2024251$6.7bn
Q4 2023236$5.7bn
Q3 2023274$6.5bn
Q2 2023302$4.8bn
Q1 2023345$4.8bn
Q4 2022410$4.7bn
Q3 2022530$5.1bn
Q2 2022554$5.2bn
Q1 2022589$7.1bn
Q4 2021544$6.7bn
Q3 2021494$6.9bn
Q2 2021560$12.8bn
Q1 2021455$10.0bn
Q4 2020276$8.5bn
Q3 2020257$7.0bn
Q2 2020188$4.0bn
Q1 2020162$3.7bn
Q4 2019162$4.2bn
Q3 2019157$5.0bn
Q2 2019164$8.4bn
Q1 2019151$5.0bn
Q4 2018148$5.0bn
Q3 2018153$8.4bn
Q2 2018162$7.3bn
Q1 2018157$9.1bn
Q4 2017149$7.1bn
Q3 2017163$7.2bn
Q2 2017153$7.1bn
Q1 2017144$7.3bn
Q4 2016147$4.7bn
Q3 2016142$3.6bn
Q2 2016156$4.1bn
Q1 2016140$4.7bn
Q4 2015142$5.5bn
Q3 2015149$5.1bn
Q2 2015162$5.9bn
Q1 2015140$4.4bn
Q4 2014127$5.0bn
Q3 2014148$4.1bn
Q2 2014135$3.3bn
Q1 2014136$2.7bn

Where Davidson Kempner Capital Management LP was early

33 rows
ALLY ALLY FINL INCQ2 201420 of 2153.4%3.4%6Exited by Q4 2021+114%
IPG INTERPUBLIC GROUP COS INCQ3 201410 of 1290.08%5.2%4Exited by Q3 2025+34%
BABA ALIBABA GROUP HLDG LTDQ3 201429 of 3771.2%1.3%7Exited by Q4 2022−10.0%
TSN TYSON FOODS INCQ4 201413 of 1240.2%4.0%6Exited by Q1 2020+127%
WSM WILLIAMS SONOMA INCQ1 20156 of 1430.4%1.3%3Exited by Q4 2015−4.2%
BURL BURLINGTON STORES INCQ2 20158 of 1710.09%1.3%12Exited by Q1 2025+457%
PVH PVH CORPQ2 201512 of 1410.2%1.7%12Exited by Q3 2019−18%
AVGO BROADCOM INCQ2 201517 of 3233.5%13.4%8Exited by Q2 2026+2228%
LULU LULULEMON ATHLETICA INCQ3 20159 of 2060.9%1.0%7Exited by Q2 2024+671%
CB CHUBB CORPQ3 201513 of 1614.0%4.0%2Exited by Q1 2016+13%
BMCH BMC STK HLDGS INCQ4 20152 of 833.2%3.8%8Exited by Q4 2017+91%
KLAC KLA-TENCOR CORPQ4 201510 of 2020.6%3.5%4Exited by Q4 2016+0.5%
SNDK SANDISK CORPQ4 201522 of 2330.5%1.8%3Exited by Q4 2025–
DLTR DOLLAR TREE INCQ1 201617 of 1860.9%1.6%14Exited by Q1 2024+72%
DELL DELL TECHNOLOGIES INCQ3 201612 of 2741.4%4.8%15Exited by Q4 2024+784%
COST COSTCO WHSL CORP NEWQ4 201618 of 1770.6%1.1%2Exited by Q2 2017+4.7%
NVAX NOVAVAX INCQ1 20174 of 1170.2%1.4%16Exited by Q1 2021+336%
VST VISTRA CORPQ2 20178 of 2802.3%7.1%25Exited by Q3 2023+56%
THC TENET HEALTHCARE CORPQ2 201719 of 1820.3%2.8%17Held at last filing, Q2 2026+867%
SWK STANLEY BLACK & DECKER INCQ3 20177 of 1420.5%1.2%3Exited by Q3 2018−12%
ELAN ELANCO ANIMAL HEALTH INCQ3 201815 of 1630.2%1.0%18Exited by Q4 2024−58%
KDP KEURIG DR PEPPER INCQ4 201811 of 1480.3%1.2%4Exited by Q3 2023+22%
IHRT IHEARTMEDIA INCQ3 20199 of 970.8%1.1%7Exited by Q2 2021+21%
EVRG EVERGY INCQ2 20206 of 1320.2%1.1%3Exited by Q1 2021−6.4%
ACI ALBERTSONS COS INCQ2 202012 of 1770.10%1.5%11Exited by Q3 2024+25%
JAZZ JAZZ PHARMACEUTICALS PLCQ2 202016 of 1611.3%1.9%5Exited by Q3 2021+61%
ARKO ARKO CORPQ4 20202 of 632.4%4.3%23Held at last filing, Q2 2026−11%
VTRS VIATRIS INCQ4 202012 of 1541.4%1.4%4Exited by Q4 2021−28%
ZIM ZIM INTEGRATED SHIPPING SERVQ1 20216 of 1140.3%1.6%6Exited by Q3 2022+94%
AOMR ANGEL OAK MORTGAGE REIT INCQ2 20212 of 241.0%1.9%21Held at last filing, Q2 2026−49%
BROS DUTCH BROS INCQ3 20216 of 1240.04%1.1%5Exited by Q3 2024−4.4%
CEG CONSTELLATION ENERGY CORPQ1 202222 of 2370.1%1.8%16Held at last filing, Q2 2026+342%
KVUE KENVUE INCQ2 202319 of 2030.5%1.9%7Exited by Q3 2025−21%

Concentration and tenure

11.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
45.7%
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