WhaleCreep

Montanova Capital, LLC 13F holdings, Q4 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-12-31, filed 2025-02-14

Montanova Capital, LLC disclosed 94 US equity positions worth $2.7bn in its Q4 2024 13F filing. Its largest position is BHVN at 7.8% of the reported book, followed by ARQT and ITCIEUR. Versus Q3 2024 it opened 17 new positions, added to 19, reduced 20 and exited 19.

$2.7bn
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.
7.8%
Largest position
The largest single position as a share of the reported equity book.
43.0%
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 2024: 17 new, 19 added, 20 reduced, 19 exited

50 of 94
BHVN BIOHAVEN LTDHealthcare7.8%$210m5.62m+8.1%added
ARQT ARCUTIS BIOTHERAPEUTICS INCHealthcare5.9%$159m11.40m+6.3%added
ITCIEUR INTRA-CELLULAR THERAPIES INC–4.5%$120m1.44m0.0%held
LEGN LEGEND BIOTECH CORPHealthcare4.2%$114m3.50m–new
BENITEC BIOPHARMA INC no ticker–4.2%$113m8.96m+1.5%added
INSM INSMED INCHealthcare4.1%$111m1.61m−1.5%reduced
META META PLATFORMS INCCommunication Services3.7%$99.7m170,338+1.1%added
ETNBGBP 89BIO INC–3.0%$79.8m10.20m+28%added
AMZN AMAZON COM INCConsumer Cyclical2.9%$77.1m351,281−0.2%held
APO APOLLO GLOBAL MGMT INCFinancial Services2.8%$76.7m464,140−0.2%held
KO COCA COLA COConsumer Defensive2.6%$70.8m1.14m+93%added
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology2.5%$68.3m345,912−0.8%reduced
TSLA TESLA INCConsumer Cyclical2.4%$66.1m163,630−16%reduced
AVBP ARRIVENT BIOPHARMA INCHealthcare2.2%$59.8m2.25m+22%added
EYPT EYEPOINT INCHealthcare1.9%$50.5m6.78m+31%added
MSFT MICROSOFT CORPTechnology1.8%$49.9m118,397+23%added
RARE ULTRAGENYX PHARMACEUTICAL INHealthcare1.8%$48.4m1.15m0.0%held
SBUX STARBUCKS CORPConsumer Cyclical1.7%$47.0m514,922−6.4%reduced
COF CAPITAL ONE FINL CORPFinancial Services1.7%$44.9m251,642+6.8%added
KURA KURA ONCOLOGY INCHealthcare1.6%$44.2m5.08m−34%reduced
FERG FERGUSON ENTERPRISES INCIndustrials1.6%$42.6m245,530+9.0%added
GS GOLDMAN SACHS GROUP INCFinancial Services1.6%$42.5m74,198−31%reduced
4XC1 KALVISTA PHARMACEUTICALS INC–1.5%$41.6m4.91m+17%added
AMD ADVANCED MICRO DEVICES INCTechnology1.5%$40.8m337,415−2.6%reduced
CRH CRH PLCBasic Materials1.5%$40.4m436,394−19%reduced
UNH UNITEDHEALTH GROUP INCHealthcare1.4%$38.0m75,198−49%reduced
ORCL ORACLE CORPTechnology1.4%$37.7m226,318−4.5%reduced
IMTX IMMATICS N.VHealthcare1.3%$36.0m5.07m–new
BSX BOSTON SCIENTIFIC CORPHealthcare1.3%$35.5m397,679+58%added
GE GENERAL ELECTRIC COIndustrials1.2%$33.5m200,6620.0%held
RCKT ROCKET PHARMACEUTICALS INCHealthcare1.2%$32.3m2.57m–new
ERAS ERASCA INCHealthcare1.1%$30.9m12.32m−11%reduced
MCD MCDONALDS CORPConsumer Cyclical1.1%$30.0m103,6380.0%held
VZ VERIZON COMMUNICATIONS INCCommunication Services1.1%$29.5m738,414−2.7%reduced
BA BOEING COIndustrials1.0%$27.5m155,197–new
CZR CAESARS ENTERTAINMENT INC NEConsumer Cyclical1.0%$25.8m772,412–new
APLSUSD APELLIS PHARMACEUTICALS INC–0.9%$25.3m793,187–new
DDOG DATADOG INCTechnology0.9%$25.2m176,450–new
CTNM CONTINEUM THERAPEUTICS INCHealthcare0.9%$25.2m1.72m0.0%held
NVDA NVIDIA CORPORATIONTechnology0.9%$24.3m180,756–new
PROK PROKIDNEY CORP–0.8%$20.9m12.34m0.0%held
ABEO ABEONA THERAPEUTICS INCHealthcare0.8%$20.5m3.69m0.0%held
JNJ JOHNSON & JOHNSONHealthcare0.7%$20.2m139,986+1.1%added
UAL UNITED AIRLINES HLDGS INCIndustrials0.7%$19.5m200,650–new
BIIB BIOGEN INCHealthcare0.7%$17.7m115,436+285%added
DPZ DOMINOS PIZZA INCConsumer Cyclical0.6%$16.1m38,340–new
FULC FULCRUM THERAPEUTICS INCHealthcare0.6%$15.7m3.34m+182%added
IFRX INFLARX NVHealthcare0.5%$14.2m5.73m0.0%held
STRO SUTRO BIOPHARMA INCHealthcare0.5%$13.7m7.46m+3.8%added
CRWD CROWDSTRIKE HLDGS INCTechnology0.5%$12.3m36,093−70%reduced

Exited since Q3 2024

19 rows
AAPL APPLE INC2.8%$78.3m
ACLXGBX ARCELLX INC2.1%$57.6m
RPRX ROYALTY PHARMA PLC1.9%$52.8m
T AT&T INC1.8%$50.3m
KDP KEURIG DR PEPPER INC0.9%$26.4m
LVS LAS VEGAS SANDS CORP0.9%$24.4m
PINS PINTEREST INC0.7%$19.9m
WYNN WYNN RESORTS LTD0.5%$12.8m
MRNS* MARINUS PHARMACEUTICALS INC0.3%$8.9m
KWEB KRANESHARES TRUST0.3%$7.8m
FXI ISHARES TR0.3%$7.7m
KEZAR LIFE SCIENCES INC no ticker0.2%$5.5m
TEVA TEVA PHARMACEUTICAL INDS LTD0.2%$4.8m
KVUE KENVUE INC0.1%$4.0m
ALNY ALNYLAM PHARMACEUTICALS INC0.1%$3.8m
ILMN ILLUMINA INC0.04%$1.1m
CNTA CENTESSA PHARMACEUTICALS PLC0.04%$1.1m
CVS CVS HEALTH CORP0.04%$1.1m
TECH BIO-TECHNE CORP0.01%$208k

Sector mix

  • Healthcare44.9%
  • Unclassified15.7%
  • Consumer Cyclical9.7%
  • Technology9.6%
  • Financial Services6.1%
  • Communication Services5.2%
  • Industrials4.6%
  • Consumer Defensive2.6%
  • Basic Materials1.7%

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