Centerbridge Partners, L.P. 13F annual report

Centerbridge Partners, L.P. is an investment fund managing more than $447 billion ran by Jeffrey Aronson. There are currently 4 companies in Mr. Aronson’s portfolio. The largest investments include Garrett Motion Inc and Banc of California Inc, together worth $405 billion.

$447 billion Assets Under Management (AUM)

As of 7th August 2024, Centerbridge Partners, L.P.’s top holding is 38,065,383 shares of Garrett Motion Inc currently worth over $327 billion and making up 73.1% of the portfolio value. Relative to the number of outstanding shares of Garrett Motion Inc, Centerbridge Partners, L.P. owns less than 0.2% of the company. In addition, the fund holds 6,097,560 shares of Banc of California Inc worth $77.9 billion, whose value fell 1.3% in the past six months. The third-largest holding is GoHealth worth $40.6 billion and the next is Gds Hldgs Ltd worth $1.9 billion, with 204,971 shares owned.

Currently, Centerbridge Partners, L.P.'s portfolio is worth at least $447 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 Centerbridge Partners, L.P.

The Centerbridge Partners, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jeffrey Aronson serves as the Authorized Person at Centerbridge Partners, L.P..

Recent trades

In the most recent 13F filing, Centerbridge Partners, L.P. revealed that it had opened a new position in Banc of California Inc and bought 6,097,560 shares worth $77.9 billion.

On the other hand, there are companies that Centerbridge Partners, L.P. is getting rid of from its portfolio. Centerbridge Partners, L.P. closed its position in Six Flags Entertainment on 14th August 2024. It sold the previously owned 1,313,416 shares for $48.6 billion. Jeffrey Aronson also disclosed a decreased stake in Garrett Motion Inc by 0.1%. This leaves the value of the investment at $327 billion and 38,065,383 shares.

One of the average hedge funds

The two most similar investment funds to Centerbridge Partners, L.P. are Dechtman Wealth Management and Jackson Hole Capital Partners. They manage $447 billion and $447 billion respectively.

Jeffrey Aronson investment strategy

Centerbridge Partners, L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 73.1% of the total portfolio value. The fund focuses on investments in the Switzerland as 25.0% of the portfolio companies are based in the Switzerland.

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 $2.04 billion.

The complete list of Centerbridge Partners, L.P. 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
Garrett Motion Inc	10.07% 38,065,383	$326,981,640,000	73.08%
Banc of California Inc	Opened 6,097,560	$77,926,817,000	17.42%
Six Flags Entertainment Corp.	Closed 1,313,416	$48,596,392,000
GoHealth, Inc.	No change 4,179,850	$40,628,142,000	9.08%
Gds Hldgs Ltd	39.72% 204,971	$1,904,181,000	0.43%
No transactions found
Showing first 500 out of 5 holdings