Invenomic Capital Management L.P. 13F annual report
Invenomic Capital Management L.P. is an investment fund managing more than $1.88 trillion ran by Benjamin Deschaine. There are currently 166 companies in Mr. Deschaine’s portfolio. The largest investments include Viatris and SS&C Technologies Inc, together worth $111 billion.
$1.88 trillion Assets Under Management (AUM)
As of 7th February 2024, Invenomic Capital Management L.P.’s top holding is 5,812,880 shares of Viatris currently worth over $63 billion and making up 3.4% of the portfolio value.
Relative to the number of outstanding shares of Viatris, Invenomic Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 786,755 shares of SS&C Technologies Inc worth $48.1 billion, whose value grew 6.6% in the past six months.
The third-largest holding is Illumina Inc worth $48 billion and the next is Clarivate Plc worth $45.9 billion, with 4,958,488 shares owned.
Currently, Invenomic Capital Management L.P.'s portfolio is worth at least $1.88 trillion. 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 Invenomic Capital Management L.P.
The Invenomic Capital Management L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Benjamin Deschaine serves as the Chief Compliance Officer at Invenomic Capital Management L.P..
Recent trades
In the most recent 13F filing, Invenomic Capital Management L.P. revealed that it had opened a new position in
Illumina Inc and bought 344,997 shares worth $48 billion.
This means they effectively own approximately 0.1% of the company.
Illumina Inc makes up
19.8%
of the fund's Health Care sector allocation and has decreased its share price by 37.2% in the past year.
The investment fund also strengthened its position in Viatris by buying
1,909,970 additional shares.
This makes their stake in Viatris total 5,812,880 shares worth $63 billion.
Viatris dropped 2.6% in the past year.
On the other hand, there are companies that Invenomic Capital Management L.P. is getting rid of from its portfolio.
Invenomic Capital Management L.P. closed its position in Dropbox Inc on 14th February 2024.
It sold the previously owned 2,278,113 shares for $49.3 billion.
Benjamin Deschaine also disclosed a decreased stake in SS&C Technologies Inc by 0.1%.
This leaves the value of the investment at $48.1 billion and 786,755 shares.
One of the largest hedge funds
The two most similar investment funds to Invenomic Capital Management L.P. are Clearstead Advisors and Howland Capital Management. They manage $1.87 trillion and $1.87 trillion respectively.
Benjamin Deschaine investment strategy
Invenomic Capital Management L.P.’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Health Care — making up 12.9% of
the total portfolio value.
The fund focuses on investments in the United States as
57.8% 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
16% 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 $12 billion.
The complete list of Invenomic Capital Management L.P. trades based on 13F SEC filings
These positions were updated on February 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 |
---|---|---|---|
Viatris Inc. |
48.94%
5,812,880
|
$62,953,490,000 | 3.36% |
Dropbox Inc |
Closed
2,278,113
|
$49,252,803,000 | |
SS&C Technologies Holdings Inc |
12.16%
786,755
|
$48,078,598,000 | 2.56% |
Illumina Inc |
Opened
344,997
|
$48,037,382,000 | 2.56% |
Clarivate Plc |
9.35%
4,958,488
|
$45,915,599,000 | 2.45% |
Chord Energy Corporation |
15.12%
272,128
|
$45,235,837,000 | 2.41% |
Solaredge Technologies Inc |
Opened
455,600
|
$42,644,160,000 | 2.27% |
Zoom Video Communications In |
61.25%
580,721
|
$41,759,647,000 | 2.23% |
AT&T, Inc. |
3.19%
2,459,909
|
$41,277,273,000 | 2.20% |
Centene Corp. |
Closed
631,524
|
$39,918,632,000 | |
Bristol-Myers Squibb Co. |
Closed
575,485
|
$39,886,865,000 | |
Meta Platforms Inc |
Closed
184,145
|
$39,027,691,000 | |
WEX Inc |
1.44%
197,851
|
$38,491,912,000 | 2.05% |
QuidelOrtho Corporation |
1,201.50%
503,991
|
$37,144,137,000 | 1.98% |
Comcast Corp New |
31.42%
842,194
|
$36,930,207,000 | 1.97% |
Vontier Corporation |
Closed
1,326,599
|
$36,269,217,000 | |
Udemy Inc |
459.58%
2,234,835
|
$32,919,120,000 | 1.76% |
Eversource Energy |
Opened
493,340
|
$30,448,945,000 | 1.62% |
Lyft Inc |
14.86%
1,982,245
|
$29,713,853,000 | 1.58% |
Citigroup Inc |
Opened
577,068
|
$29,684,378,000 | 1.58% |
PENN Entertainment Inc |
Opened
1,096,316
|
$28,526,142,000 | 1.52% |
Exelixis Inc |
Closed
1,392,709
|
$27,032,482,000 | |
EBay Inc. |
37.25%
614,977
|
$26,825,297,000 | 1.43% |
Verizon Communications Inc |
14.33%
679,497
|
$25,617,037,000 | 1.37% |
PayPal Holdings Inc |
360.54%
405,135
|
$24,879,340,000 | 1.33% |
Expedia Group Inc |
32.78%
158,901
|
$24,119,583,000 | 1.29% |
frontdoor, inc. |
47.87%
681,835
|
$24,014,229,000 | 1.28% |
Ovintiv Inc |
Opened
544,718
|
$23,924,015,000 | 1.28% |
IPG Photonics Corp |
8.86%
216,978
|
$23,550,792,000 | 1.26% |
Fiserv, Inc. |
Closed
203,160
|
$22,963,175,000 | |
Shutterstock Inc |
Opened
454,136
|
$21,925,686,000 | 1.17% |
DocuSign Inc |
Opened
358,881
|
$21,335,475,000 | 1.14% |
Etsy Inc |
Opened
257,162
|
$20,842,980,000 | 1.11% |
Cognizant Technology Solutio |
Closed
337,868
|
$20,586,297,000 | |
Cousins Pptys Inc |
180.40%
808,096
|
$19,677,138,000 | 1.05% |
Warner Bros.Discovery Inc |
16.83%
1,723,094
|
$19,608,810,000 | 1.05% |
Popular Inc. |
Closed
339,811
|
$19,508,550,000 | |
Macys Inc |
Opened
962,810
|
$19,371,737,000 | 1.03% |
Kinross Gold Corp. |
40.99%
3,177,584
|
$19,224,383,000 | 1.03% |
B2gold Corp |
Closed
4,777,433
|
$18,875,953,000 | |
FMC Corp. |
Opened
298,417
|
$18,815,192,000 | 1.00% |
Global Pmts Inc |
27.76%
145,825
|
$18,519,775,000 | 0.99% |
CoreCivic Inc |
21.32%
1,263,838
|
$18,363,566,000 | 0.98% |
Civitas Resources Inc |
Opened
258,083
|
$17,647,716,000 | 0.94% |
Eldorado Gold Corp. |
41.71%
1,357,062
|
$17,601,094,000 | 0.94% |
Sensata Technologies Hldg Pl |
205.54%
459,936
|
$17,279,796,000 | 0.92% |
3M Co. |
Opened
154,996
|
$16,944,163,000 | 0.90% |
Premier Inc |
321.53%
746,306
|
$16,687,402,000 | 0.89% |
Nomad Foods Ltd |
29.56%
966,685
|
$16,385,311,000 | 0.87% |
Murphy Oil Corp. |
73.76%
383,251
|
$16,349,488,000 | 0.87% |
Southwestern Energy Company |
6.35%
2,455,264
|
$16,081,979,000 | 0.86% |
F5 Inc |
Closed
106,825
|
$15,563,334,000 | |
Medtronic Plc |
Closed
190,306
|
$15,342,470,000 | |
Foot Locker Inc |
Opened
487,722
|
$15,192,540,000 | 0.81% |
Lazard Inc. |
28.39%
435,298
|
$15,148,370,000 | 0.81% |
Smartsheet Inc |
150.29%
315,930
|
$15,107,773,000 | 0.81% |
Under Armour Inc |
128.65%
1,774,846
|
$14,819,964,000 | 0.79% |
New Gold Inc Cda |
119.90%
10,101,164
|
$14,747,699,000 | 0.79% |
Ameren Corp. |
Opened
203,734
|
$14,738,118,000 | 0.79% |
Liberty Broadband Corp |
Opened
181,653
|
$14,639,415,000 | 0.78% |
Hanesbrands Inc |
Closed
2,750,911
|
$14,469,792,000 | |
Akamai Technologies Inc |
Closed
183,331
|
$14,354,817,000 | |
Crescent Pt Energy Corp |
18.35%
2,029,368
|
$14,063,520,000 | 0.75% |
Nuvei Corporation |
3.75%
531,722
|
$13,963,020,000 | 0.74% |
Bausch Plus Lomb Corp |
Closed
800,926
|
$13,944,122,000 | |
Sprouts Fmrs Mkt Inc |
Opened
287,681
|
$13,840,333,000 | 0.74% |
Levi Strauss & Co. |
37.67%
807,495
|
$13,355,967,000 | 0.71% |
Kellanova Co |
Opened
235,901
|
$13,189,225,000 | 0.70% |
Elanco Animal Health Inc |
Closed
1,391,933
|
$13,084,170,000 | |
Pediatrix Medical Group Inc |
232.90%
1,377,951
|
$12,814,944,000 | 0.68% |
Kilroy Rlty Corp |
Closed
393,117
|
$12,736,991,000 | |
Copa Holdings Sa |
0.62%
116,800
|
$12,417,008,000 | 0.66% |
Sanmina Corp |
Opened
236,984
|
$12,173,868,000 | 0.65% |
CVS Health Corp |
44.45%
154,047
|
$12,163,551,000 | 0.65% |
TripAdvisor Inc. |
163.99%
563,560
|
$12,133,447,000 | 0.65% |
Generac Holdings Inc |
Opened
93,752
|
$12,116,508,000 | 0.65% |
Snap Inc |
Closed
1,079,147
|
$12,097,238,000 | |
Expensify Inc |
Closed
1,472,401
|
$12,000,068,000 | |
Kohls Corp |
Opened
416,749
|
$11,952,361,000 | 0.64% |
Cedar Fair L.P. |
Closed
254,415
|
$11,624,221,000 | |
Shell Plc |
Opened
172,892
|
$11,376,294,000 | 0.61% |
Eastman Chem Co |
26.70%
126,267
|
$11,341,302,000 | 0.60% |
Rover Group Inc |
Closed
2,499,192
|
$11,321,340,000 | |
Barrick Gold Corp. |
Opened
624,962
|
$11,305,563,000 | 0.60% |
Conagra Brands Inc |
Opened
361,487
|
$10,360,217,000 | 0.55% |
Flex Ltd |
Closed
449,331
|
$10,339,106,000 | |
TotalEnergies SE |
Closed
173,642
|
$10,253,560,000 | |
Equity Comwlth |
Closed
494,679
|
$10,244,802,000 | |
Huntington Ingalls Inds Inc |
Closed
49,451
|
$10,237,346,000 | |
Celestica, Inc. |
Closed
753,222
|
$9,716,564,000 | |
American Vanguard Corp. |
Opened
876,708
|
$9,617,487,000 | 0.51% |
Envista Holdings Corp |
Opened
385,468
|
$9,274,360,000 | 0.49% |
Fiverr Intl Ltd |
Opened
336,096
|
$9,148,533,000 | 0.49% |
Fresh Del Monte Produce Inc |
Opened
344,975
|
$9,055,594,000 | 0.48% |
Heidrick & Struggles Intl In |
21.52%
296,550
|
$8,757,122,000 | 0.47% |
Fidelity Natl Information Sv |
Opened
145,514
|
$8,741,026,000 | 0.47% |
Iovance Biotherapeutics Inc |
Opened
1,053,251
|
$8,562,931,000 | 0.46% |
Advance Auto Parts Inc |
Opened
140,008
|
$8,544,688,000 | 0.46% |
Equinox Gold Corp |
70.94%
1,706,659
|
$8,345,563,000 | 0.45% |
Alight Inc. |
188.77%
969,140
|
$8,266,764,000 | 0.44% |
Sally Beauty Holdings Inc |
Opened
621,825
|
$8,257,836,000 | 0.44% |
Mativ Holdings Inc |
Opened
533,610
|
$8,169,569,000 | 0.44% |
Fedex Corp |
Closed
35,468
|
$8,104,083,000 | |
American Elec Pwr Co Inc |
Opened
98,849
|
$8,028,516,000 | 0.43% |
Hasbro, Inc. |
Closed
147,353
|
$7,911,383,000 | |
8X8 Inc. |
Opened
2,077,777
|
$7,853,997,000 | 0.42% |
Childrens Pl Inc New |
Closed
194,845
|
$7,842,511,000 | |
Assetmark Finl Hldgs Inc |
Closed
248,177
|
$7,805,167,000 | |
Alibaba Group Hldg Ltd |
Opened
100,240
|
$7,769,602,000 | 0.41% |
Barnes Group Inc. |
Opened
237,777
|
$7,758,664,000 | 0.41% |
Faro Technologies Inc. |
402.42%
340,242
|
$7,665,652,000 | 0.41% |
Raymond James Finl Inc |
Closed
81,277
|
$7,580,706,000 | |
Intel Corp. |
Closed
231,829
|
$7,573,853,000 | |
Newell Brands Inc. |
47.71%
867,247
|
$7,527,704,000 | 0.40% |
Tandem Diabetes Care Inc |
Opened
241,006
|
$7,128,957,000 | 0.38% |
Sealed Air Corp. |
Opened
187,142
|
$6,834,426,000 | 0.36% |
Universal Hlth Svcs Inc |
14.68%
44,523
|
$6,787,086,000 | 0.36% |
Inogen Inc |
Closed
520,352
|
$6,493,993,000 | |
NovoCure Ltd |
Opened
433,951
|
$6,478,888,000 | 0.35% |
Hireright Holdings Corporati |
55.27%
462,762
|
$6,224,149,000 | 0.33% |
Walgreens Boots Alliance Inc |
81.74%
237,663
|
$6,205,381,000 | 0.33% |
Upwork Inc |
26.85%
414,908
|
$6,169,682,000 | 0.33% |
Paramount Global |
Opened
413,168
|
$6,110,755,000 | 0.33% |
Match Group Inc. |
Closed
157,830
|
$6,059,094,000 | |
Allete, Inc. |
Opened
98,601
|
$6,030,437,000 | 0.32% |
Openlane Inc. |
Opened
405,727
|
$6,008,817,000 | 0.32% |
Mistras Group Inc |
33.61%
819,491
|
$5,998,674,000 | 0.32% |
Mohawk Inds Inc |
Opened
57,064
|
$5,906,124,000 | 0.31% |
Geo Group, Inc. |
Opened
545,194
|
$5,904,451,000 | 0.31% |
National Vision Holdings Inc |
Opened
280,571
|
$5,872,351,000 | 0.31% |
Ziff Davis Inc |
373.02%
86,851
|
$5,835,519,000 | 0.31% |
PRA Group Inc |
Opened
220,228
|
$5,769,974,000 | 0.31% |
News Corp |
Closed
327,388
|
$5,653,991,000 | |
Laureate Education Inc |
75.06%
405,899
|
$5,564,875,000 | 0.30% |
Sonoco Prods Co |
31.27%
97,813
|
$5,464,812,000 | 0.29% |
UNIFI, Inc. |
14.71%
813,753
|
$5,419,595,000 | 0.29% |
Yext Inc |
Opened
900,362
|
$5,303,132,000 | 0.28% |
Insteel Inds Inc |
Closed
184,878
|
$5,143,306,000 | |
Manpowergroup Inc Wis |
Opened
64,500
|
$5,125,815,000 | 0.27% |
Avista Corp. |
Opened
138,789
|
$4,960,319,000 | 0.26% |
Baxter International Inc. |
77.23%
128,001
|
$4,948,519,000 | 0.26% |
Anika Therapeutics Inc. |
Opened
210,332
|
$4,766,123,000 | 0.25% |
Informatica Inc. |
Closed
275,458
|
$4,517,511,000 | |
Silvercrest Asset Mgmt Group |
19.68%
265,540
|
$4,514,180,000 | 0.24% |
Gen Digital Inc |
Closed
261,802
|
$4,492,522,000 | |
Belden Inc |
Opened
57,537
|
$4,444,733,000 | 0.24% |
LiveRamp Holdings Inc |
86.54%
116,628
|
$4,417,869,000 | 0.24% |
Netgear Inc |
Opened
291,690
|
$4,252,840,000 | 0.23% |
Healthcare Svcs Group Inc |
Opened
406,588
|
$4,216,318,000 | 0.22% |
Vimeo Inc |
41.91%
1,071,372
|
$4,199,778,000 | 0.22% |
Sandridge Energy Inc |
6.48%
303,691
|
$4,151,456,000 | 0.22% |
Omnicell Com |
Opened
104,603
|
$3,936,211,000 | 0.21% |
Ferroglobe Plc |
Closed
762,239
|
$3,765,461,000 | |
Castle Biosciences, Inc. |
96.91%
171,812
|
$3,707,703,000 | 0.20% |
BrightView Holdings Inc |
Closed
657,694
|
$3,696,240,000 | |
Varex Imaging Corp |
Closed
198,429
|
$3,609,424,000 | |
Stride Inc |
70.93%
58,701
|
$3,485,078,000 | 0.19% |
Warby Parker Inc. |
Opened
243,395
|
$3,431,870,000 | 0.18% |
Whirlpool Corp. |
163.36%
27,555
|
$3,355,372,000 | 0.18% |
GoodRx Holdings, Inc. |
Opened
494,207
|
$3,311,187,000 | 0.18% |
Ziprecruiter, Inc. |
Opened
234,318
|
$3,257,020,000 | 0.17% |
Korn Ferry |
28.71%
54,134
|
$3,212,853,000 | 0.17% |
ADT Inc |
Opened
460,609
|
$3,141,353,000 | 0.17% |
Cognyte Software Ltd |
Closed
919,102
|
$3,115,756,000 | |
Resideo Technologies Inc |
Opened
162,856
|
$3,064,950,000 | 0.16% |
Schneider National Inc |
Opened
119,738
|
$3,047,332,000 | 0.16% |
Viant Technology Inc |
45.31%
439,371
|
$3,027,266,000 | 0.16% |
Southwest Airls Co |
59.08%
98,181
|
$2,835,467,000 | 0.15% |
Coursera, Inc. |
Closed
239,010
|
$2,753,395,000 | |
Riskified Ltd. |
Opened
588,250
|
$2,753,010,000 | 0.15% |
Everbridge Inc |
Opened
112,071
|
$2,724,446,000 | 0.15% |
Hillman Solutions Corp |
Opened
295,008
|
$2,717,024,000 | 0.14% |
Avanos Med Inc |
Opened
119,605
|
$2,682,740,000 | 0.14% |
Casa Sys Inc |
Closed
2,063,473
|
$2,620,611,000 | |
Wolverine World Wide, Inc. |
Opened
291,102
|
$2,587,897,000 | 0.14% |
Vivid Seats Inc |
40.75%
395,324
|
$2,498,448,000 | 0.13% |
Fleetcor Technologies Inc |
96.63%
8,364
|
$2,363,750,000 | 0.13% |
ON24, Inc. |
Closed
265,456
|
$2,325,395,000 | |
Noodles & Company |
Opened
731,019
|
$2,302,710,000 | 0.12% |
Domo Inc. |
234.60%
223,106
|
$2,295,761,000 | 0.12% |
Methode Electrs Inc |
Opened
98,154
|
$2,231,040,000 | 0.12% |
Sasol Ltd |
24.29%
224,297
|
$2,229,512,000 | 0.12% |
Ingevity Corp |
Opened
46,584
|
$2,199,696,000 | 0.12% |
Hamilton Beach Brands Hldg C |
Closed
211,483
|
$2,165,586,000 | |
Fonar Corp. |
Closed
131,530
|
$2,130,786,000 | |
Amplitude Inc |
Closed
168,968
|
$2,101,962,000 | |
Ambev Sa |
Closed
734,890
|
$2,072,390,000 | |
Hurco Co |
10.54%
95,220
|
$2,050,087,000 | 0.11% |
Standard Mtr Prods Inc |
Opened
51,304
|
$2,042,412,000 | 0.11% |
Viad Corp. |
Closed
95,534
|
$1,990,929,000 | |
Telus Intl Cda Inc |
Opened
226,097
|
$1,939,912,000 | 0.10% |
Travelzoo |
Closed
305,101
|
$1,842,810,000 | |
Graftech Intl Ltd |
Opened
768,822
|
$1,683,720,000 | 0.09% |
Petmed Express, Inc. |
Opened
215,800
|
$1,631,448,000 | 0.09% |
Activision Blizzard Inc |
Closed
18,847
|
$1,613,115,000 | |
Comtech Telecommunications C |
Opened
188,887
|
$1,592,317,000 | 0.08% |
United Nat Foods Inc |
Opened
92,235
|
$1,496,974,000 | 0.08% |
El Pollo Loco Holdings Inc |
Opened
165,281
|
$1,457,778,000 | 0.08% |
Lyell Immunopharma Inc |
Opened
746,415
|
$1,448,045,000 | 0.08% |
Ceva Inc. |
Opened
60,499
|
$1,373,932,000 | 0.07% |
WestRock Co |
Closed
44,476
|
$1,355,184,000 | |
Xeris Biopharma Holdings Inc |
Opened
568,619
|
$1,336,255,000 | 0.07% |
Upland Software Inc |
55.26%
297,100
|
$1,256,733,000 | 0.07% |
nLIGHT Inc |
79.90%
84,377
|
$1,139,090,000 | 0.06% |
EchoStar Corp |
42.67%
65,403
|
$1,083,728,000 | 0.06% |
Caesarstone Ltd |
41.01%
269,334
|
$1,007,309,000 | 0.05% |
Strattec Sec Corp |
Closed
43,250
|
$983,938,000 | |
Northern Dynasty Minerals Lt |
Opened
2,928,855
|
$946,899,000 | 0.05% |
Lexaria Bioscience Corp |
54.72%
731,981
|
$914,976,000 | 0.05% |
Applovin Corp |
98.65%
22,669
|
$903,360,000 | 0.05% |
PHX Minerals Inc |
19.63%
276,700
|
$890,974,000 | 0.05% |
Seabridge Gold, Inc. |
44.62%
72,420
|
$878,455,000 | 0.05% |
Algoma Stl Group Inc |
52.29%
87,002
|
$872,630,000 | 0.05% |
Computer Programs & Sys Inc |
Opened
75,526
|
$845,891,000 | 0.05% |
Glatfelter Corporation |
34.46%
398,258
|
$772,621,000 | 0.04% |
Forrester Resh Inc |
80.03%
27,824
|
$745,961,000 | 0.04% |
Thoughtworks Holding Inc |
Opened
130,557
|
$627,979,000 | 0.03% |
Organon & Co |
Opened
41,951
|
$604,933,000 | 0.03% |
MYT Netherlands Parent B.V. |
Closed
81,985
|
$576,355,000 | |
Civeo Corp Cda |
Opened
20,816
|
$475,646,000 | 0.03% |
Sleep Number Corp |
Opened
14,932
|
$221,442,000 | 0.01% |
AcuityAds Holdings Inc |
Closed
97,700
|
$154,697,000 | |
No transactions found | |||
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