Sachem Head Capital Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 12 US equity positions worth $2.0bn in its Q4 2023 13F filing. The largest position was USFD at 36.6% of the reported book, followed by IFF and FLEX. Against the Q3 2023 filing, it opened 3 new positions, added to 4 and reduced 5 among the top 12 holdings.
What did Sachem Head Capital Management own in Q4 2023? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | USFD US FOODS HLDG CORP | Consumer Defensive | 36.6% | $723.5m | 15,932,877 | -16% | reduced |
| 2 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 19.6% | $387.6m | 4,787,351 | -45% | reduced |
| 3 | FLEX FLEX LTD | Technology | 12.9% | $255.6m | 8,390,000 | 325% | added |
| 4 | CRM SALESFORCE INC | Technology | 6.5% | $128.6m | 488,800 | -14% | reduced |
| 5 | R1 RCM INC | 5.1% | $101.5m | 9,605,000 | 106% | added | |
| 6 | OKTA OKTA INC | Technology | 4.0% | $80.0m | 883,500 | 106% | added |
| 7 | GTM ZOOMINFO TECHNOLOGIES INC | Technology | 3.8% | $75.1m | 4,060,000 | 164% | added |
| 8 | STX SEAGATE TECHNOLOGY HLDNGS PL | Technology | 3.7% | $73.8m | 865,000 | – | new |
| 9 | BIO BIO RAD LABS INC | Healthcare | 2.6% | $50.6m | 156,700 | – | new |
| 10 | FMX FOMENTO ECONOMICO MEXICANO S | 2.2% | $42.7m | 327,500 | -47% | reduced | |
| 11 | FTRE FORTREA HLDGS INC | Healthcare | 1.6% | $31.9m | 915,000 | -54% | reduced |
| 12 | NXT NEXTRACKER INC | Technology | 1.4% | $26.7m | 570,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.