Tao Capital Management L.P. 13F annual report
Tao Capital Management L.P. is an investment fund managing more than $122 billion ran by Lori Mills. There are currently 10 companies in Mrs. Mills’s portfolio. The largest investments include Twist Bioscience Corp and Madrigal Pharmaceuticals Inc, together worth $77.4 billion.
$122 billion Assets Under Management (AUM)
As of 31st July 2024, Tao Capital Management L.P.’s top holding is 828,815 shares of Twist Bioscience Corp currently worth over $40.8 billion and making up 33.5% of the portfolio value.
Relative to the number of outstanding shares of Twist Bioscience Corp, Tao Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 130,529 shares of Madrigal Pharmaceuticals Inc worth $36.6 billion, whose value grew 37.6% in the past six months.
The third-largest holding is Tesla Inc worth $17.1 billion and the next is Ouster, Inc. worth $11.1 billion, with 1,125,316 shares owned.
Currently, Tao Capital Management L.P.'s portfolio is worth at least $122 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 Tao Capital Management L.P.
The Tao Capital Management L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Lori Mills serves as the President at Tao Capital Management L.P..
One of the smallest hedge funds
The two most similar investment funds to Tao Capital Management L.P. are Caitlin John and Safir Wealth Advisors. They manage $122 billion and $122 billion respectively.
Lori Mills investment strategy
Tao Capital Management L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Health Care — making up 67.6% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
20% 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 $85 billion.
The complete list of Tao Capital Management L.P. trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| Twist Bioscience Corp |
No change
828,815
|
$40,844,003,000 | 33.48% |
| Madrigal Pharmaceuticals Inc |
No change
130,529
|
$36,569,005,000 | 29.98% |
| Tesla Inc |
No change
86,250
|
$17,067,150,000 | 13.99% |
| Ouster, Inc. |
No change
1,125,316
|
$11,061,856,000 | 9.07% |
| Hyatt Hotels Corporation |
No change
70,000
|
$10,634,400,000 | 8.72% |
| 908 Devices Inc. |
No change
568,981
|
$2,930,252,000 | 2.40% |
| Warby Parker Inc. |
No change
134,473
|
$2,159,636,000 | 1.77% |
| Sonder Holdings Inc. |
No change
80,188
|
$371,270,000 | 0.30% |
| Benson Hill, Inc. |
No change
1,774,681
|
$270,461,000 | 0.22% |
| Ginkgo Bioworks Holdings, Inc. |
No change
227,354
|
$76,004,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 10 holdings | |||
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