WhaleCreep

Montanova Capital, LLC 13F holdings, Q1 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-03-31, filed 2022-05-16

Montanova Capital, LLC disclosed 87 US equity positions worth $3.3bn in its Q1 2022 13F filing. Its largest position is MSFT at 5.6% of the reported book, followed by UNP and AMZN. Versus Q4 2021 it opened 16 new positions, added to 19, reduced 18 and exited 23.

$3.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
87
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.6%
Largest position
The largest single position as a share of the reported equity book.
36.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
40
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 Q4 2021: 16 new, 19 added, 18 reduced, 23 exited

50 of 87
MSFT MICROSOFT CORPTechnology5.6%$184m595,747−31%reduced
UNP UNION PACIFIC CORPIndustrials5.1%$168m613,628−24%reduced
AMZN AMAZON COM INCConsumer Cyclical4.5%$147m45,122−58%reduced
UNH UNITEDHEALTH GROUP INCHealthcare3.8%$123m240,997−47%reduced
EL LAUDER ESTEE COS INCConsumer Defensive3.1%$101m372,475−17%reduced
CNC CENTENE CORP DELHealthcare3.1%$101m1.20m–new
OTIS OTIS WORLDWIDE CORPIndustrials3.0%$99.8m1.30m−48%reduced
V VISA INCFinancial Services3.0%$97.1m437,990–new
ITCIEUR INTRA-CELLULAR THERAPIES INC–2.9%$93.7m1.53m+22%added
IQV IQVIA HLDGS INCHealthcare2.7%$89.4m386,710−31%reduced
LVS LAS VEGAS SANDS CORPConsumer Cyclical2.7%$88.4m2.28m–new
TPR TAPESTRY INCConsumer Cyclical2.6%$86.2m2.32m−49%reduced
SPGI S&P GLOBAL INCFinancial Services2.6%$84.8m206,760–new
SCHW SCHWAB CHARLES CORPFinancial Services2.5%$82.9m982,790–new
HUM HUMANA INCHealthcare2.5%$82.2m188,888–new
RPRX ROYALTY PHARMA PLCHealthcare2.4%$78.9m2.03m+3.0%added
GFL GFL ENVIRONMENTAL INCIndustrials2.3%$74.3m2.28m−51%reduced
JNJ JOHNSON & JOHNSONHealthcare2.2%$73.6m415,310–new
MA MASTERCARD INCFinancial Services2.1%$68.2m190,943−24%reduced
DHR DANAHER CORP DELHealthcare2.1%$68.2m232,570+5.6%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.1%$68.0m115,069−57%reduced
KURA KURA ONCOLOGY INCHealthcare1.9%$62.6m3.89m+9.0%added
FULC FULCRUM THERAPEUTICS INCHealthcare1.9%$61.8m2.61m+10%added
RH RHConsumer Cyclical1.8%$59.3m181,835−27%reduced
COR CENCORA INCHealthcare1.8%$59.3m383,138−69%reduced
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical1.7%$55.0m362,703−39%reduced
MAR MARRIOTT INTL INC NEWConsumer Cyclical1.7%$54.3m309,240−37%reduced
XLE SELECT SECTOR SPDR TR–1.6%$53.0m692,868–new
BBWI BATH & BODY WORKS INCConsumer Cyclical1.5%$49.6m1.04m–new
MQ MARQETA INCTechnology1.4%$44.7m4.05m+176%added
MRTXEUR MIRATI THERAPEUTICS INC–1.3%$42.0m510,331+27%added
DECK DECKERS OUTDOOR CORPConsumer Cyclical1.2%$39.0m142,477−34%reduced
RARE ULTRAGENYX PHARMACEUTICAL INHealthcare1.2%$38.1m525,100+8.2%added
EYPT EYEPOINT INCHealthcare1.1%$35.3m2.91m+15%added
AGIO AGIOS PHARMACEUTICALS INCHealthcare1.0%$34.3m1.18m0.0%held
INSM INSMED INCHealthcare0.9%$31.0m1.32m+22%added
STRO SUTRO BIOPHARMA INCHealthcare0.9%$30.7m3.73m+53%added
MCK MCKESSON CORPHealthcare0.9%$30.0m97,980–new
WYNN WYNN RESORTS LTDConsumer Cyclical0.9%$29.2m366,060–new
MRNS* MARINUS PHARMACEUTICALS INC–0.8%$25.9m2.77m+4.8%added
4XC1 KALVISTA PHARMACEUTICALS INC–0.8%$25.7m1.75m0.0%held
POINT BIOPHARMA GLOBAL INC no ticker–0.7%$24.0m3.01m+13%added
NTRA NATERA INCHealthcare0.7%$23.8m584,660−8.1%reduced
290A CHINOOK THERAPEUTICS INC–0.7%$23.5m1.43m+15%added
KEZAR LIFE SCIENCES INC no ticker–0.7%$23.4m1.41m0.0%held
CANO HEALTH INC no ticker–0.7%$23.3m3.67m−63%reduced
XOP SPDR SERIES TRUST–0.7%$22.2m164,970–new
ACLXGBX ARCELLX INC–0.7%$21.5m1.53m–new
XENE XENON PHARMACEUTICALS INCHealthcare0.6%$21.2m692,0000.0%held
HRTX HERON THERAPEUTICS INCHealthcare0.5%$16.4m2.87m+15%added

Exited since Q4 2021

23 rows
ADBE ADOBE INC4.3%$222m
ADI ANALOG DEVICES INC2.8%$144m
PWR QUANTA SVCS INC2.6%$133m
MNST MONSTER BEVERAGE CORP NEW2.1%$110m
CVNA CARVANA CO1.9%$99.2m
OPEN OPENDOOR TECHNOLOGIES INC1.7%$90.1m
ALITEUR ALIGHT INC1.6%$84.4m
XYZ BLOCK INC1.3%$69.4m
TEL TE CONNECTIVITY LTD1.2%$61.7m
RIVN RIVIAN AUTOMOTIVE INC1.0%$52.7m
CPRT COPART INC0.9%$46.2m
WRBY WARBY PARKER INC0.7%$34.1m
KBR KBR INC0.6%$32.6m
ETSY ETSY INC0.5%$26.7m
ARNAEUR ARENA PHARMACEUTICALS INC0.4%$22.8m
CHRS COHERUS ONCOLOGY INC0.4%$19.5m
GRAB HOLDINGS LIMITED no ticker0.3%$14.3m
DICE THERAPEUTICS INC no ticker0.2%$10.4m
MIST MILESTONE PHARMACEUTICALS IN0.1%$5.6m
ALLO ALLOGENE THERAPEUTICS INC0.08%$4.0m
NUVLEUR NUVALENT INC0.07%$3.8m
SRNE SORRENTO THERAPEUTICS INC0.01%$492k
FINSERV ACQUISITION CORP II no ticker0.0%$169k

Sector mix

  • Healthcare36.2%
  • Consumer Cyclical18.6%
  • Unclassified14.5%
  • Industrials10.4%
  • Financial Services10.2%
  • Technology7.0%
  • Consumer Defensive3.1%

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