Sachem Head Capital Management L.P. 13F annual report
Sachem Head Capital Management L.P. is an investment fund managing more than $1.98 trillion ran by Michael Adamski. There are currently 12 companies in Mr. Adamski’s portfolio. The largest investments include Us Foods Hldg Corp and International Flavors&fragra, together worth $1.35 trillion.
$1.98 trillion Assets Under Management (AUM)
As of 7th November 2023, Sachem Head Capital Management L.P.’s top holding is 18,932,877 shares of Us Foods Hldg Corp currently worth over $752 billion and making up 37.9% of the portfolio value.
In addition, the fund holds 8,730,639 shares of International Flavors&fragra worth $595 billion.
The third-largest holding is Humana worth $131 billion and the next is Salesforce Inc worth $115 billion, with 565,400 shares owned.
Currently, Sachem Head Capital Management L.P.'s portfolio is worth at least $1.98 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Sachem Head Capital Management L.P.
The Sachem Head Capital Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Adamski serves as the General Counsel & Chief Compliance Officer at Sachem Head Capital Management L.P..
Recent trades
In the most recent 13F filing, Sachem Head Capital Management L.P. revealed that it had opened a new position in
Humana and bought 268,700 shares worth $131 billion.
This means they effectively own approximately 0.1% of the company.
Humana makes up
51.0%
of the fund's Health Care sector allocation and has decreased its share price by 6.2% in the past year.
The investment fund also strengthened its position in International Flavors&fragra by buying
2,284,400 additional shares.
This makes their stake in International Flavors&fragra total 8,730,639 shares worth $595 billion.
On the other hand, there are companies that Sachem Head Capital Management L.P. is getting rid of from its portfolio.
Sachem Head Capital Management L.P. closed its position in Olin on 14th November 2023.
It sold the previously owned 6,450,000 shares for $341 billion.
Michael Adamski also disclosed a decreased stake in R1 RCM by 0.3%.
This leaves the value of the investment at $70.2 billion and 4,660,800 shares.
One of the largest hedge funds
The two most similar investment funds to Sachem Head Capital Management L.P. are Aj Wealth Strategies and Jasper Ridge Partners, L.P.. They manage $1.99 trillion and $1.99 trillion respectively.
Michael Adamski investment strategy
Sachem Head Capital Management L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Health Care — making up 12.9% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $34.6 billion.
The complete list of Sachem Head Capital Management L.P. trades based on 13F SEC filings
These positions were updated on November 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Us Foods Hldg Corp |
No change
18,932,877
|
$751,635,218,000 | 37.89% |
| International Flavors&fragra |
35.44%
8,730,639
|
$595,167,661,000 | 30.00% |
| Olin Corp. |
Closed
6,450,000
|
$341,463,000,000 | |
| Humana Inc. |
Opened
268,700
|
$130,727,924,000 | 6.59% |
| Salesforce Inc |
Opened
565,400
|
$114,651,812,000 | 5.78% |
| Activision Blizzard Inc |
Closed
1,119,300
|
$85,682,415,000 | |
| R1 RCM Inc. |
31.36%
4,660,800
|
$70,238,256,000 | 3.54% |
| Uber Technologies Inc |
Closed
2,784,500
|
$68,860,685,000 | |
| Fomento Economico Mexicano S |
62.75%
620,000
|
$67,673,000,000 | 3.41% |
| Smartsheet Inc |
Closed
1,670,000
|
$65,731,200,000 | |
| Spectrum Brands Hldgs Inc Ne |
Closed
1,051,000
|
$64,026,920,000 | |
| Fortrea Hldgs Inc |
Opened
1,990,000
|
$56,894,100,000 | 2.87% |
| Masimo Corp |
Opened
634,100
|
$55,597,888,000 | 2.80% |
| Flex Ltd |
81.69%
1,975,000
|
$53,285,500,000 | 2.69% |
| Elanco Animal Health Inc |
Closed
3,422,678
|
$41,825,125,000 | |
| New Relic Inc |
Closed
645,000
|
$36,410,250,000 | |
| Okta Inc |
50.49%
429,000
|
$34,967,790,000 | 1.76% |
| Spdr S&p 500 Etf Tr |
64.07%
65,300
|
$27,914,444,000 | 1.41% |
| ZoomInfo Technologies Inc. |
Opened
1,535,000
|
$25,174,000,000 | 1.27% |
| LivaNova PLC |
Closed
185,000
|
$10,274,900,000 | |
| Elastic N.V |
Closed
160,178
|
$8,249,167,000 | |
| Momentive Global Inc |
Closed
895,000
|
$6,265,000,000 | |
| Opendoor Technologies Inc. |
Closed
485,000
|
$562,600,000 | |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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