WhaleCreep

Montanova Capital, LLC 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-14

Montanova Capital, LLC disclosed 94 US equity positions worth $5.2bn in its Q4 2021 13F filing. Its largest position is AMZN at 7.0% of the reported book, followed by MSFT and UNH. Versus Q3 2021 it opened 19 new positions, added to 28, reduced 23 and exited 30.

$5.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
94
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.0%
Largest position
The largest single position as a share of the reported equity book.
43.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
35
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
51
Quarters on file since Q4 2013
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2021: 19 new, 28 added, 23 reduced, 30 exited

50 of 94
AMZN AMAZON COM INCConsumer Cyclical7.0%$360m108,030+9.0%added
MSFT MICROSOFT CORPTechnology5.6%$291m865,000–new
UNH UNITEDHEALTH GROUP INCHealthcare4.4%$229m456,790−36%reduced
ADBE ADOBE INCTechnology4.3%$222m392,207−38%reduced
OTIS OTIS WORLDWIDE CORPIndustrials4.2%$216m2.48m−8.0%reduced
UNP UNION PACIFIC CORPIndustrials3.9%$204m808,020−1.4%reduced
TPR TAPESTRY INCConsumer Cyclical3.6%$185m4.55m−15%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare3.5%$180m270,470−17%reduced
GFL GFL ENVIRONMENTAL INCIndustrials3.4%$175m4.63m−1.9%reduced
EL LAUDER ESTEE COS INCConsumer Defensive3.2%$166m449,360−12%reduced
COR CENCORA INCHealthcare3.2%$165m1.24m+0.7%added
IQV IQVIA HLDGS INCHealthcare3.1%$158m559,760−20%reduced
ADI ANALOG DEVICES INCTechnology2.8%$144m819,310+72%added
RH RHConsumer Cyclical2.6%$134m249,920−25%reduced
PWR QUANTA SVCS INCIndustrials2.6%$133m1.16m−16%reduced
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive2.1%$110m1.14m–new
CVNA CARVANA COConsumer Cyclical1.9%$99.2m427,807−11%reduced
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical1.8%$93.4m599,022–new
OPEN OPENDOOR TECHNOLOGIES INCReal Estate1.7%$90.1m6.17m−35%reduced
MA MASTERCARD INCFinancial Services1.7%$89.9m250,270−63%reduced
CANO HEALTH INC no ticker–1.7%$88.0m9.87m+17%added
ALITEUR ALIGHT INC–1.6%$84.4m7.81m−6.5%reduced
MAR MARRIOTT INTL INC NEWConsumer Cyclical1.6%$81.6m493,640–new
DECK DECKERS OUTDOOR CORPConsumer Cyclical1.5%$79.2m216,230–new
RPRX ROYALTY PHARMA PLCHealthcare1.5%$78.4m1.97m+29%added
DHR DANAHER CORP DELHealthcare1.4%$72.4m220,200–new
XYZ BLOCK INCTechnology1.3%$69.4m429,984+42%added
ITCIEUR INTRA-CELLULAR THERAPIES INC–1.3%$65.5m1.25m0.0%held
TEL TE CONNECTIVITY LTDTechnology1.2%$61.7m382,623−37%reduced
NTRA NATERA INCHealthcare1.2%$59.4m636,160−15%reduced
MRTXEUR MIRATI THERAPEUTICS INC–1.1%$59.1m402,789+111%added
RIVN RIVIAN AUTOMOTIVE INCConsumer Cyclical1.0%$52.7m507,830–new
KURA KURA ONCOLOGY INCHealthcare1.0%$50.0m3.57m+45%added
CPRT COPART INCIndustrials0.9%$46.2m305,000−65%reduced
FULC FULCRUM THERAPEUTICS INCHealthcare0.8%$42.0m2.38m+22%added
RARE ULTRAGENYX PHARMACEUTICAL INHealthcare0.8%$40.8m485,242–new
AGIO AGIOS PHARMACEUTICALS INCHealthcare0.8%$38.7m1.18m−10%reduced
STRO SUTRO BIOPHARMA INCHealthcare0.7%$36.3m2.44m+9.1%added
WRBY WARBY PARKER INCHealthcare0.7%$34.1m733,402−27%reduced
KBR KBR INCIndustrials0.6%$32.6m685,500−77%reduced
MRNS* MARINUS PHARMACEUTICALS INC–0.6%$31.3m2.64m+20%added
EYPT EYEPOINT INCHealthcare0.6%$30.8m2.52m+48%added
INSM INSMED INCHealthcare0.6%$29.5m1.08m+8.3%added
ETSY ETSY INCConsumer Cyclical0.5%$26.7m122,158–new
MQ MARQETA INCTechnology0.5%$25.2m1.47m–new
KEZAR LIFE SCIENCES INC no ticker–0.5%$23.6m1.41m0.0%held
4XC1 KALVISTA PHARMACEUTICALS INC–0.4%$23.1m1.75m+13%added
ARNAEUR ARENA PHARMACEUTICALS INC–0.4%$22.8m245,800−52%reduced
HRTX HERON THERAPEUTICS INCHealthcare0.4%$22.7m2.49m+67%added
XENE XENON PHARMACEUTICALS INCHealthcare0.4%$21.6m692,000−40%reduced

Exited since Q3 2021

30 rows
TWLO TWILIO INC2.8%$165m
PLANUSD ANAPLAN INC2.2%$132m
ROST ROSS STORES INC2.1%$122m
MDT Medtronic Plc1.9%$114m
PTON PELOTON INTERACTIVE INC1.7%$102m
HWM HOWMET AEROSPACE INC1.4%$79.6m
NXPI NXP SEMICONDUCTORS N V0.9%$50.2m
ESTC ELASTIC N V0.7%$40.4m
DCPHEUR DECIPHERA PHARMACEUTICALS IN0.5%$29.3m
FREYR BATTERY no ticker0.4%$20.7m
25718GBP ROCKET LAB USA INC0.2%$12.1m
CAZOO GROUP LTD no ticker0.2%$11.7m
PROMETHEUS BIOSCIENCES INC no ticker0.2%$11.4m
FINSERV ACQUISITION CORP II no ticker0.2%$10.6m
BCAB BIOATLA INC0.2%$10.4m
EVLV EVOLV TECHNOLOGIES HLDNGS IN0.1%$8.2m
NRDY NERDY INC0.1%$7.0m
ACHR ARCHER AVIATION INC0.1%$6.7m
ACIU AC IMMUNE SA0.1%$6.5m
FRSH FRESHWORKS INC0.1%$6.4m
NEXI1EUR NEXIMMUNE INC0.09%$5.2m
MONTES ARCHIMEDES ACQUISITIO no ticker0.08%$4.7m
FS DEVELOPMENT CORP II no ticker0.07%$4.0m
HEALTHCOR CATALIO ACQU CORP no ticker0.05%$3.0m
VOLTA INC no ticker0.04%$2.6m
ALIGHT INC no ticker0.04%$2.4m
NAUT NAUTILUS BIOTECHNOLOGY INC0.03%$1.9m
FHTX FOGHORN THERAPEUTICS INC0.02%$1.2m
ADAG ADAGENE INC0.01%$614k
SYBX SYNLOGIC INC0.0%$183k

Sector mix

  • Healthcare26.8%
  • Consumer Cyclical21.5%
  • Technology15.8%
  • Industrials15.6%
  • Unclassified11.4%
  • Consumer Defensive5.4%
  • Real Estate1.7%
  • Financial Services1.7%

Book over time

Every quarter on file (51)
QuarterPositionsEquity book
Q2 202695$4.8bn
Q1 202688$3.7bn
Q4 202590$4.0bn
Q3 202590$3.3bn
Q2 202595$2.7bn
Q1 202599$2.5bn
Q4 202494$2.7bn
Q3 202496$2.8bn
Q2 202497$2.5bn
Q1 202499$2.4bn
Q4 202387$2.2bn
Q3 202387$1.9bn
Q2 2023100$1.9bn
Q1 202392$2.1bn
Q4 202289$2.4bn
Q3 202272$2.4bn
Q2 202289$2.6bn
Q1 202287$3.3bn
Q4 202194$5.2bn
Q3 2021105$5.9bn
Q2 2021121$6.7bn
Q1 2021105$6.7bn
Q4 2020106$7.0bn
Q3 202092$5.5bn
Q2 202079$4.7bn
Q1 202064$3.7bn
Q4 201937$4.3bn
Q3 201938$3.7bn
Q2 201939$4.0bn
Q1 201934$2.8bn
Q4 201819$1.3bn
Q3 201821$4.3bn
Q2 201819$3.7bn
Q1 201818$3.9bn
Q4 201728$4.2bn
Q3 201716$3.4bn
Q2 201719$3.2bn
Q1 201736$3.1bn
Q4 201639$2.9bn
Q3 201626$2.6bn
Q2 201622$2.2bn
Q1 201620$2.5bn
Q4 201522$1.9bn
Q3 201515$831m
Q2 201531$2.1bn
Q1 201527$1.6bn
Q4 201426$1.4bn
Q3 201428$1.1bn
Q2 201432$1.1bn
Q1 201429$831m
Q4 201334$746m

Where Montanova Capital, LLC was early

71 rows
APD AIR PRODS & CHEMS INCQ1 20149 of 1694.8%7.7%8Exited by Q1 2021+148%
NEE NEXTERA ENERGY INCQ2 20145 of 1824.9%6.5%5Exited by Q3 2015−4.3%
ASH ASHLAND INC NEWQ2 201412 of 1291.3%2.2%2Exited by Q4 2014−4.3%
PEP PEPSICO INCQ2 201414 of 1392.6%2.7%2Exited by Q4 2014+4.2%
PPG PPG INDS INCQ3 20142 of 1381.9%5.3%6Exited by Q1 2017−3.7%
MDT MEDTRONIC PLCQ3 201410 of 1733.1%4.2%26Exited by Q2 2026+40%
CDK CDK GLOBAL INCQ4 20145 of 1393.7%3.7%2Exited by Q2 2015+15%
MSTR MICROSTRATEGY INCQ4 20145 of 1431.3%1.7%3Exited by Q3 2015+4.7%
FIVE FIVE BELOW INCQ1 20153 of 1741.1%2.6%10Exited by Q3 2024+206%
ARMK ARAMARKQ1 20156 of 1776.2%7.6%9Exited by Q4 2019+38%
NXPI NXP SEMICONDUCTORS N VQ1 201516 of 2283.8%3.9%5Exited by Q4 2021+95%
QSR RESTAURANT BRANDS INTL INCQ2 201513 of 1763.4%11.1%18Exited by Q4 2019+86%
PFE PFIZER INCQ3 201516 of 2082.4%7.6%7Exited by Q1 2024−3.4%
GOOG ALPHABET INCQ4 201521 of 3505.0%9.3%12Held at last filing, Q2 2026+831%
NWL NEWELL BRANDS INCQ2 201614 of 1565.2%5.2%2Exited by Q4 2016+8.4%
CHTR CHARTER COMMUNICATIONS INC NQ2 201615 of 26912.4%12.4%10Exited by Q1 2021+189%
USFD US FOODS HLDG CORPQ3 20167 of 1831.0%1.9%6Held at last filing, Q2 2026+333%
OPLN KAR AUCTION SVCS INCQ4 201613 of 1320.9%1.8%5Exited by Q1 2018+19%
CRM SALESFORCE INCQ4 201618 of 3031.4%17.1%17Exited by Q1 2026+287%
UNH UNITEDHEALTH GROUP INCQ4 201626 of 2991.7%5.7%31Held at last filing, Q2 2026+160%
CPRT COPART INCQ1 201712 of 1780.4%2.9%15Exited by Q1 2022+390%
FMC F M C CORPQ1 201712 of 1572.3%7.0%7Exited by Q4 2018+25%
MAR MARRIOTT INTL INC NEWQ2 201711 of 1823.2%3.2%7Exited by Q4 2022+40%
NSC NORFOLK SOUTHERN CORPQ4 201721 of 2052.3%2.5%6Exited by Q3 2020+21%
DE DEERE & COQ1 201815 of 1852.0%4.8%5Exited by Q2 2020−11%
BA BOEING COQ1 201819 of 2215.9%6.9%6Exited by Q1 2025−46%
PBF PBF ENERGY INCQ2 201812 of 1531.1%1.7%2Exited by Q4 2018+19%
BSX BOSTON SCIENTIFIC CORPQ3 201814 of 1932.1%6.1%23Held at last filing, Q2 2026+11%
IQV IQVIA HLDGS INCQ4 201812 of 2079.2%9.2%30Held at last filing, Q2 2026+66%
KBR KBR INCQ2 20197 of 1511.9%2.2%11Exited by Q1 2022+91%
KMB KIMBERLY CLARK CORPQ2 20198 of 1302.4%4.2%2Exited by Q4 2019+6.6%
IR INGERSOLL-RAND PLCQ2 201914 of 1312.4%2.4%2Exited by Q1 2020+6.0%
LMT LOCKHEED MARTIN CORPQ2 201916 of 1785.8%5.8%2Exited by Q4 2019+7.3%
LHX L3HARRIS TECHNOLOGIES INCQ3 20192 of 1604.4%4.4%4Exited by Q3 2020−19%
NVST ENVISTA HLDGS CORPQ3 20195 of 1370.2%1.1%2Exited by Q1 2020+6.3%
FICO FAIR ISAAC CORPQ3 201913 of 1860.5%1.1%2Exited by Q1 2020+23%
LYFT LYFT INCQ3 201917 of 2581.2%1.8%5Exited by Q2 2021+55%
SPCE VIRGIN GALACTIC HOLDINGS INCQ4 20191 of 981.5%1.5%2Exited by Q2 2020+28%
GFL GFL ENVIRONMENTAL INCQ1 20202 of 1201.2%3.4%13Exited by Q3 2023+158%
STRO SUTRO BIOPHARMA INCQ1 20207 of 820.02%1.9%23Exited by Q4 2025−91%
4XC1 KALVISTA PHARMACEUTICALS INCQ1 20209 of 910.02%2.6%25Exited by Q2 2026+163%
INSM INSMED INCQ1 202012 of 1800.03%6.9%23Exited by Q1 2026+986%
RPRX ROYALTY PHARMA PLCQ2 20202 of 1242.2%6.0%18Exited by Q4 2024−42%
OTIS OTIS WORLDWIDE CORPQ2 20206 of 1473.2%4.3%11Exited by Q1 2023+38%
APH AMPHENOL CORPQ2 20209 of 1861.5%1.8%3Held at last filing, Q2 2026+636%
MRNS* MARINUS PHARMACEUTICALS INCQ3 20207 of 680.2%2.7%17Exited by Q4 2024–
GH GUARDANT HEALTH INCQ3 202014 of 1820.9%1.3%3Exited by Q2 2021+37%
OPEN OPENDOOR TECHNOLOGIES INCQ4 20202 of 1452.5%3.3%5Exited by Q1 2022−36%
290A CHINOOK THERAPEUTICS INCQ4 20206 of 770.1%3.6%11Exited by Q3 2023+142%
PWR QUANTA SVCS INCQ4 202016 of 1790.9%2.7%5Exited by Q1 2022+59%

Concentration and tenure

7.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
47.6%
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