Credit Capital Investments 13F annual report
Credit Capital Investments is an investment fund managing more than $76.8 billion ran by Varkki Chacko. There are currently 53 companies in Chacko’s portfolio. The largest investments include Cf Inds Hldgs Inc and Taiwan Semiconductor Mfg Ltd, together worth $10.9 billion.
$76.8 billion Assets Under Management (AUM)
As of 7th August 2023, Credit Capital Investments’s top holding is 82,500 shares of Cf Inds Hldgs Inc currently worth over $5.73 billion and making up 7.5% of the portfolio value.
In addition, the fund holds 51,000 shares of Taiwan Semiconductor Mfg Ltd worth $5.15 billion.
The third-largest holding is Warner Bros.Discovery Inc worth $4.97 billion and the next is Att Inc worth $4.84 billion, with 303,686 shares owned.
Currently, Credit Capital Investments's portfolio is worth at least $76.8 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 Credit Capital Investments
The Credit Capital Investments office and employees reside in Short Hills, New Jersey. According to the last 13-F report filed with the SEC, Varkki Chacko serves as the Managing Principal at Credit Capital Investments.
Recent trades
In the most recent 13F filing, Credit Capital Investments revealed that it had opened a new position in
Arista Networks Inc and bought 3,993 shares worth $647 million.
This means they effectively own approximately 0.1% of the company.
Arista Networks Inc makes up
3.8%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Taiwan Semiconductor Mfg Ltd by buying
26,000 additional shares.
This makes their stake in Taiwan Semiconductor Mfg Ltd total 51,000 shares worth $5.15 billion.
On the other hand, there are companies that Credit Capital Investments is getting rid of from its portfolio.
Credit Capital Investments closed its position in Pfizer on 14th August 2023.
It sold the previously owned 20,000 shares for $816 million.
Varkki Chacko also disclosed a decreased stake in Cf Inds Hldgs Inc by approximately 0.1%.
This leaves the value of the investment at $5.73 billion and 82,500 shares.
One of the smallest hedge funds
The two most similar investment funds to Credit Capital Investments are Northlanding Partners and 3g Capital Partners L.P.. They manage $76.7 billion and $76.9 billion respectively.
Varkki Chacko investment strategy
Credit Capital Investments’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 22.2% of
the total portfolio value.
The fund focuses on investments in the United States as
62.3% 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
62% 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 $83.8 billion.
The complete list of Credit Capital Investments 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 |
|---|---|---|---|
| Cf Inds Hldgs Inc |
2.37%
82,500
|
$5,727,150,000 | 7.46% |
| Taiwan Semiconductor Mfg Ltd |
104.00%
51,000
|
$5,146,920,000 | 6.70% |
| Warner Bros.Discovery Inc |
24.50%
344,513
|
$4,974,781,000 | 6.48% |
| Att Inc |
21.43%
303,686
|
$4,843,792,000 | 6.31% |
| Nutrien Ltd |
2.38%
82,000
|
$4,842,100,000 | 6.31% |
| Tronox Holdings plc |
4.39%
327,000
|
$4,156,170,000 | 5.41% |
| Micron Technology Inc. |
3.57%
54,001
|
$3,408,003,000 | 4.44% |
| DXC Technology Co |
26.78%
125,000
|
$3,340,000,000 | 4.35% |
| Bank America Corp |
13.43%
116,000
|
$3,328,040,000 | 4.33% |
| Chesapeake Energy Corp. |
3.87%
35,018
|
$2,930,306,000 | 3.82% |
| Meta Platforms Inc |
13.04%
10,000
|
$2,869,800,000 | 3.74% |
| Verizon Communications Inc |
99.55%
72,162
|
$2,683,705,000 | 3.50% |
| Qualcomm, Inc. |
No change
22,000
|
$2,618,880,000 | 3.41% |
| Jpmorgan Chase Co |
26.67%
16,500
|
$2,399,760,000 | 3.13% |
| Shell Plc |
8.43%
38,000
|
$2,294,440,000 | 2.99% |
| Alphabet Inc |
No change
16,350
|
$1,957,095,000 | 2.55% |
| UBS Group AG |
66.67%
75,000
|
$1,520,250,000 | 1.98% |
| Amazon.com Inc. |
8.18%
11,000
|
$1,433,960,000 | 1.87% |
| Alcoa Corp |
No change
37,000
|
$1,255,410,000 | 1.64% |
| Uber Technologies Inc |
74.07%
23,500
|
$1,014,495,000 | 1.32% |
| Pfizer Inc. |
Closed
20,000
|
$816,000,000 | |
| Baker Hughes Company |
2.18%
23,403
|
$739,769,000 | 0.96% |
| TotalEnergies SE |
20.00%
12,000
|
$691,680,000 | 0.90% |
| Plains Gp Hldgs L P |
Closed
50,000
|
$656,000,000 | |
| Arista Networks Inc |
Opened
3,993
|
$647,106,000 | 0.84% |
| ServiceNow Inc |
Closed
1,286
|
$597,630,000 | |
| Ulta Beauty Inc |
Opened
1,197
|
$563,302,000 | 0.73% |
| Las Vegas Sands Corp |
Closed
9,665
|
$555,254,000 | |
| Expedia Group Inc |
No change
5,057
|
$553,185,000 | 0.72% |
| Gen Digital Inc |
19.14%
29,039
|
$538,673,000 | 0.70% |
| M T Bk Corp |
Closed
4,500
|
$538,065,000 | |
| Ceridian Hcm Hldg Inc |
Opened
7,994
|
$535,358,000 | 0.70% |
| Starbucks Corp. |
Opened
5,167
|
$511,843,000 | 0.67% |
| Autodesk Inc. |
Opened
2,500
|
$511,525,000 | 0.67% |
| Aptiv PLC |
Opened
4,950
|
$505,346,000 | 0.66% |
| Freeport-McMoRan Inc |
16.67%
12,500
|
$500,000,000 | 0.65% |
| Enphase Energy Inc |
Closed
2,300
|
$483,644,000 | |
| Elevance Health Inc |
Closed
1,022
|
$469,926,000 | |
| Everest Re Group Ltd |
Opened
1,345
|
$459,802,000 | 0.60% |
| Alexandria Real Estate Eq In |
Opened
3,966
|
$450,101,000 | 0.59% |
| Etsy Inc |
Opened
5,200
|
$439,972,000 | 0.57% |
| Cincinnati Finl Corp |
Opened
4,511
|
$439,011,000 | 0.57% |
| PayPal Holdings Inc |
No change
6,500
|
$433,745,000 | 0.56% |
| Dollar Gen Corp New |
Closed
2,051
|
$431,653,000 | |
| Johnson Johnson |
Closed
2,777
|
$430,435,000 | |
| Allegion plc |
Closed
4,029
|
$430,015,000 | |
| Alaska Air Group Inc. |
Closed
10,218
|
$428,747,000 | |
| United Rentals, Inc. |
Closed
1,067
|
$422,276,000 | |
| Axon Enterprise Inc |
Opened
2,155
|
$420,484,000 | 0.55% |
| Paycom Software Inc |
No change
1,300
|
$417,612,000 | 0.54% |
| Berkley W R Corp |
Closed
6,692
|
$416,644,000 | |
| Albemarle Corp. |
Closed
1,884
|
$416,439,000 | |
| Factset Resh Sys Inc |
Closed
1,000
|
$415,090,000 | |
| Humana Inc. |
Opened
916
|
$409,571,000 | 0.53% |
| Newmont Corp |
Opened
9,552
|
$407,488,000 | 0.53% |
| Bio-Techne Corp |
Closed
5,461
|
$405,152,000 | |
| Incyte Corp. |
No change
6,458
|
$402,011,000 | 0.52% |
| Insulet Corporation |
Opened
1,386
|
$399,639,000 | 0.52% |
| Cigna Group (The) |
Closed
1,559
|
$398,371,000 | |
| Brown Brown Inc |
Closed
6,936
|
$398,265,000 | |
| First Solar Inc |
Opened
2,058
|
$391,205,000 | 0.51% |
| Illumina Inc |
Opened
2,000
|
$374,980,000 | 0.49% |
| Blackstone Inc |
Opened
3,500
|
$325,395,000 | 0.42% |
| Enlink Midstream LLC |
Opened
30,000
|
$318,000,000 | 0.41% |
| Schwab Charles Corp |
Closed
6,000
|
$314,280,000 | |
| Take-two Interactive Softwar |
Closed
2,300
|
$274,390,000 | |
| Renew Energy Global Plc |
143.71%
50,000
|
$274,000,000 | 0.36% |
| Solaredge Technologies Inc |
48.37%
1,000
|
$269,050,000 | 0.35% |
| Mosaic Co New |
No change
7,400
|
$259,000,000 | 0.34% |
| Match Group Inc. |
No change
6,000
|
$251,100,000 | 0.33% |
| Chemours Company |
Closed
8,000
|
$239,520,000 | |
| Disney Walt Co |
Closed
2,239
|
$224,191,000 | |
| Paramount Global |
Opened
13,730
|
$218,444,000 | 0.28% |
| Catalent Inc. |
50.00%
5,000
|
$216,800,000 | 0.28% |
| Azure Pwr Global Ltd |
Opened
91,089
|
$161,228,000 | 0.21% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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