Newlight Partners L.P. 13F annual report
Newlight Partners L.P. is an investment fund managing more than $1.48 billion ran by David Taylor. There are currently 3 companies in Mr. Taylor’s portfolio. The largest investments include Oak Street Health and Blue Owl Capital Inc., together worth $1.38 billion.
$1.48 billion Assets Under Management (AUM)
As of 8th May 2023, Newlight Partners L.P.’s top holding is 32,550,265 shares of Oak Street Health currently worth over $1.26 billion and making up 84.9% of the portfolio value.
Relative to the number of outstanding shares of Oak Street Health, Newlight Partners L.P. owns more than 0.1% of the company.
In addition, the fund holds 10,970,359 shares of Blue Owl Capital Inc. worth $122 million.
The third-largest holding is Sunnova Energy Intl. Inc. worth $102 million.
Currently, Newlight Partners L.P.'s portfolio is worth at least $1.48 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 Newlight Partners L.P.
The Newlight Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, David Taylor serves as the Attorney-in-fact at Newlight Partners L.P..
Recent trades
There are companies that Newlight Partners L.P. is getting rid of from its portfolio.
Newlight Partners L.P. closed its position in Laureate Education Inc on 15th May 2023.
It sold the previously owned 66,442 shares for $769 thousand.
David Taylor also disclosed a decreased stake in Oak Street Health by 0.2%.
This leaves the value of the investment at $1.26 billion and 32,550,265 shares.
One of the smallest hedge funds
The two most similar investment funds to Newlight Partners L.P. are Annex Advisory Services and Spinnaker Trust. They manage $1.48 billion and $1.48 billion respectively.
David Taylor investment strategy
Newlight Partners L.P.’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Health Care — making up 84.9% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
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 $5.09 billion.
The complete list of Newlight Partners L.P. trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Oak Street Health, Inc. |
19.65%
32,550,265
|
$1,259,044,000 | 84.94% |
| Blue Owl Capital Inc. |
27.96%
10,970,359
|
$121,551,000 | 8.20% |
| Sunnova Energy Intl. Inc. |
No change
6,505,811
|
$101,621,000 | 6.86% |
| Laureate Education Inc |
Closed
66,442
|
$769,000 | |
| Harmony Biosciences Holdings, Inc. |
Closed
151
|
$7,000 | |
| No transactions found | |||
| Showing first 500 out of 5 holdings | |||
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