Mercator Fund (cayman Master) L.P. is an investment fund managing more than $124 million ran by Jared Friedberg. There are currently 14 companies in Mr. Friedberg’s portfolio. The largest investments include Nelnet and Alphabet, together worth $42.9 million.
As of 7th October 2020, Mercator Fund (cayman Master) L.P.’s top holding is 391,347 shares of Nelnet currently worth over $22.8 million and making up 18.3% of the portfolio value.
Relative to the number of outstanding shares of Nelnet, Mercator Fund (cayman Master) L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 15,031 shares of Alphabet worth $20.1 million, whose value grew 23.9% in the past six months.
The third-largest holding is Air Transport Services worth $15.1 million and the next is Interactive Brokers Grouo In worth $11.5 million, with 246,275 shares owned.
Currently, Mercator Fund (cayman Master) L.P.'s portfolio is worth at least $124 million. 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.
The Mercator Fund (cayman Master) L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jared Friedberg serves as the Managing Member at Mercator Fund (cayman Master) L.P..
In the most recent 13F filing, Mercator Fund (cayman Master) L.P. revealed that it had opened a new position in Nelnet and bought 391,347 shares worth $22.8 million.
The two most similar investment funds to Mercator Fund (cayman Master) L.P. are Stewart Asset Management and Investors Capital Advisory Services. They manage $124 million and $124 million respectively.
Mercator Fund (cayman Master) L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 32.6% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% 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
29% 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 $199 billion.
These positions were updated on January 21st 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 |
|---|---|---|---|
| Nelnet, Inc. |
Opened
391,347
|
$22,792,000 | 18.33% |
| Alphabet, Inc. |
Opened
15,031
|
$20,132,000 | 16.19% |
| Air Transport Services Group, Inc. |
Opened
643,769
|
$15,103,000 | 12.14% |
| Interactive Brokers Grouo In |
Opened
246,275
|
$11,481,000 | 9.23% |
| PayPal Holdings, Inc. |
Opened
98,082
|
$10,610,000 | 8.53% |
| Stars Group Inc |
Opened
358,523
|
$9,354,000 | 7.52% |
| Progressive Corp Ohio |
Opened
126,994
|
$9,193,000 | 7.39% |
| Baidu, Inc. |
Opened
64,013
|
$8,091,000 | 6.51% |
| Berkshire Hathaway Inc. |
Opened
31,239
|
$7,076,000 | 5.69% |
| Davita Healthcare Partners I |
Opened
48,741
|
$3,657,000 | 2.94% |
| Alibaba Group Hldg Ltd |
Opened
15,200
|
$3,224,000 | 2.59% |
| GCI Liberty, Inc. |
Opened
21,276
|
$1,507,000 | 1.21% |
| Chromadex Corp. |
Opened
315,025
|
$1,358,000 | 1.09% |
| Insmed, Inc. |
Opened
32,597
|
$778,000 | 0.63% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||