WhaleCreep

Montanova Capital, LLC 13F holdings, Q2 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-06-30, filed 2022-08-15

Montanova Capital, LLC disclosed 89 US equity positions worth $2.6bn in its Q2 2022 13F filing. Its largest position is RPRX at 4.9% of the reported book, followed by UNH and UNP. Versus Q1 2022 it opened 23 new positions, added to 22, reduced 18 and exited 21.

$2.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
89
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.9%
Largest position
The largest single position as a share of the reported equity book.
36.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
42
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 Q1 2022: 23 new, 22 added, 18 reduced, 21 exited

50 of 89
RPRX ROYALTY PHARMA PLCHealthcare4.9%$129m3.08m+52%added
UNH UNITEDHEALTH GROUP INCHealthcare4.7%$124m240,9970.0%held
UNP UNION PACIFIC CORPIndustrials4.3%$113m532,015−13%reduced
LVS LAS VEGAS SANDS CORPConsumer Cyclical3.7%$97.5m2.90m+28%added
HUM HUMANA INCHealthcare3.5%$92.5m197,668+4.6%added
OTIS OTIS WORLDWIDE CORPIndustrials3.5%$91.7m1.30m0.0%held
IQV IQVIA HLDGS INCHealthcare3.2%$85.1m392,045+1.4%added
ITCIEUR INTRA-CELLULAR THERAPIES INC–2.9%$76.4m1.34m−13%reduced
EL LAUDER ESTEE COS INCConsumer Defensive2.8%$74.6m292,979−21%reduced
KURA KURA ONCOLOGY INCHealthcare2.8%$73.6m4.02m+3.2%added
TPR TAPESTRY INCConsumer Cyclical2.6%$68.6m2.25m−3.1%reduced
CNC CENTENE CORP DELHealthcare2.6%$68.3m807,438−33%reduced
MA MASTERCARD INCFinancial Services2.5%$66.0m209,111+9.5%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.5%$65.9m121,375+5.5%added
MSFT MICROSOFT CORPTechnology2.4%$64.2m250,157−58%reduced
V VISA INCFinancial Services2.4%$64.0m324,818−26%reduced
MRTXEUR MIRATI THERAPEUTICS INC–2.4%$63.9m951,986+87%added
DHR DANAHER CORP DELHealthcare2.1%$55.3m218,222−6.2%reduced
AGIO AGIOS PHARMACEUTICALS INCHealthcare2.0%$51.5m2.32m+97%added
ACLXGBX ARCELLX INC–1.7%$44.7m2.47m+61%added
COR CENCORA INCHealthcare1.7%$44.5m314,691−18%reduced
CANADIAN PAC RY LTD no ticker–1.7%$44.3m634,056–new
XYZ BLOCK INCTechnology1.6%$41.8m679,676–new
INSM INSMED INCHealthcare1.6%$41.0m2.08m+58%added
VTRS VIATRIS INCHealthcare1.5%$40.6m3.88m–new
FIS FIDELITY NATL INFORMATION SVTechnology1.5%$40.6m443,240–new
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical1.5%$40.2m360,491−0.6%reduced
MAR MARRIOTT INTL INC NEWConsumer Cyclical1.5%$39.8m292,687−5.4%reduced
HORIZON THERAPEUTICS PUB L no ticker–1.5%$38.8m486,661–new
KEZAR LIFE SCIENCES INC no ticker–1.4%$36.5m4.41m+213%added
MCK MCKESSON CORPHealthcare1.3%$34.2m104,802+7.0%added
DIS DISNEY WALT COCommunication Services1.3%$33.1m350,926–new
GPN GLOBAL PMTS INCIndustrials1.2%$31.8m287,222–new
290A CHINOOK THERAPEUTICS INC–1.2%$31.2m1.78m+24%added
RH RHConsumer Cyclical1.1%$28.3m133,325−27%reduced
MQ MARQETA INCTechnology1.1%$28.1m3.46m−14%reduced
EXMOC EXXON MOBIL CORP–0.9%$24.9m290,732–new
STRO SUTRO BIOPHARMA INCHealthcare0.9%$24.2m4.64m+24%added
EYPT EYEPOINT INCHealthcare0.9%$23.4m2.97m+2.0%added
GFL GFL ENVIRONMENTAL INCIndustrials0.9%$23.3m903,132−60%reduced
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive0.9%$23.2m249,802–new
CRNXGBP CRINETICS PHARMACEUTICALS IN–0.8%$21.0m1.13m–new
RARE ULTRAGENYX PHARMACEUTICAL INHealthcare0.8%$20.8m348,519−34%reduced
POINT BIOPHARMA GLOBAL INC no ticker–0.8%$20.5m3.01m0.0%held
MTCH MATCH GROUP INC NEWCommunication Services0.8%$20.1m287,786–new
4XC1 KALVISTA PHARMACEUTICALS INC–0.7%$19.0m1.93m+10%added
PHVS PHARVARIS N VHealthcare0.7%$18.3m827,5400.0%held
MRNS* MARINUS PHARMACEUTICALS INC–0.6%$17.0m3.51m+27%added
FULC FULCRUM THERAPEUTICS INCHealthcare0.6%$16.4m3.36m+28%added
NOW SERVICENOW INCTechnology0.5%$12.1m25,521–new

Exited since Q1 2022

21 rows
AMZN AMAZON COM INC4.5%$147m
SPGI S&P GLOBAL INC2.6%$84.8m
SCHW SCHWAB CHARLES CORP2.5%$82.9m
JNJ JOHNSON & JOHNSON2.2%$73.6m
XLE SELECT SECTOR SPDR TR1.6%$53.0m
BBWI BATH & BODY WORKS INC1.5%$49.6m
DECK DECKERS OUTDOOR CORP1.2%$39.0m
WYNN WYNN RESORTS LTD0.9%$29.2m
NTRA NATERA INC0.7%$23.8m
CANO HEALTH INC no ticker0.7%$23.3m
XOP SPDR SERIES TRUST0.7%$22.2m
XENE XENON PHARMACEUTICALS INC0.6%$21.2m
IOVA IOVANCE BIOTHERAPEUTICS INC0.2%$6.8m
AUPH AURINIA PHARMACEUTICALS INC0.1%$4.3m
INOZYME PHARMA INC no ticker0.1%$4.1m
OPY ACQUISITION CORP I no ticker0.06%$2.0m
DECIBEL THERAPEUTICS INC no ticker0.02%$801k
MGTX MEIRAGTX HLDGS PLC0.01%$479k
EUROPEAN BIOTECH ACQUTN CORP no ticker0.0%$20.0k
FRAZIER LIFESCIENCES ACQU CO no ticker0.0%$7.0k
EUCRATES BIOMEDICAL ACQU COR no ticker0.0%$6.0k

Sector mix

  • Healthcare40.5%
  • Unclassified19.8%
  • Consumer Cyclical10.4%
  • Industrials9.9%
  • Technology7.1%
  • Financial Services4.9%
  • Consumer Defensive3.7%
  • Communication Services2.4%
  • Energy1.2%

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