Stone House Capital Management 13F annual report

Stone House Capital Management is an investment fund managing more than $241 billion ran by Mark Cohen. There are currently 3 companies in Mr. Cohen’s portfolio. The largest investments include Light & Wonder Inc and United Parks & Resorts, together worth $214 billion.

$241 billion Assets Under Management (AUM)

As of 7th August 2024, Stone House Capital Management’s top holding is 1,500,000 shares of Light & Wonder Inc currently worth over $157 billion and making up 65.4% of the portfolio value. In addition, the fund holds 1,050,000 shares of United Parks & Resorts worth $57 billion, whose value grew 10.9% in the past six months. The third-largest holding is RumbleON Inc worth $26.3 billion.

Currently, Stone House Capital Management's portfolio is worth at least $241 billion. 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 Stone House Capital Management

The Stone House Capital Management office and employees reside in Bay Harbor Islands, Florida. According to the last 13-F report filed with the SEC, Mark Cohen serves as the Managing Member at Stone House Capital Management.

Recent trades

In the most recent 13F filing, Stone House Capital Management revealed that it had increased its stake in United Parks & Resorts and bought 990,000 additional shares worth around $50 million. This means they effectively own approximately 0.1% of the company. United Parks & Resorts makes up 68.5% of the fund's Consumer Discretionary sector allocation and has grown its share price by 3.5% in the past year.

On the other hand, there are companies that Stone House Capital Management is getting rid of from its portfolio. Stone House Capital Management closed its position in RH on 14th August 2024. It sold the previously owned 180,000 shares for $62.7 billion. Mark Cohen also disclosed a decreased stake in Light & Wonder Inc by approximately 0.1%. This leaves the value of the investment at $157 billion and 1,500,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Stone House Capital Management are Pl Capital Advisors and Davis Investment Partners. They manage $241 billion and $241 billion respectively.

Mark Cohen investment strategy

Stone House Capital Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 34.6% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 approximately 0.1% 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 $2.1 billion.

The complete list of Stone House Capital Management trades based on 13F SEC filings

These positions were updated on August 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
Light & Wonder Inc	9.09% 1,500,000	$157,320,000,000	65.39%
RH	Closed 180,000	$62,686,800,000
United Parks & Resorts Inc.	1,650.00% 1,050,000	$57,025,500,000	23.70%
RumbleON Inc	0.10% 6,404,257	$26,257,454,000	10.91%
No transactions found
Showing first 500 out of 4 holdings