Teramo Advisors 13F annual report

Teramo Advisors is an investment fund managing more than $200 billion ran by Ron Santella. There are currently 7 companies in Mr. Santella’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Rayonier, together worth $194 billion.

$200 billion Assets Under Management (AUM)

As of 31st July 2024, Teramo Advisors’s top holding is 340,000 shares of Spdr S&p 500 Etf Tr currently worth over $185 billion and making up 91.6% of the portfolio value. In addition, the fund holds 320,000 shares of Rayonier worth $9.31 billion, whose value fell 7.2% in the past six months. The third-largest holding is Etf Ser Solutions worth $3 billion and the next is Planet Labs Pbc worth $2.11 billion, with 1,132,700 shares owned.

Currently, Teramo Advisors's portfolio is worth at least $200 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 Teramo Advisors

The Teramo Advisors office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, Ron Santella serves as the Chief Executive Officer at Teramo Advisors.

Recent trades

In the most recent 13F filing, Teramo Advisors revealed that it had opened a new position in Rayonier and bought 320,000 shares worth $9.31 billion. This means they effectively own approximately 0.1% of the company. Rayonier makes up 100.0% of the fund's Materials sector allocation and has decreased its share price by 4.0% in the past year.

The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying 80,000 additional shares. This makes their stake in Spdr S&p 500 Etf Tr total 340,000 shares worth $185 billion.

On the other hand, there are companies that Teramo Advisors is getting rid of from its portfolio. Teramo Advisors closed its position in Ionq Inc on 7th August 2024. It sold the previously owned 1,100,000 shares for $11 billion. Ron Santella also disclosed a decreased stake in Ishares Tr by 1.0%. This leaves the value of the investment at $1.92 billion and 3,500 shares.

One of the smallest hedge funds

The two most similar investment funds to Teramo Advisors are Once Capital Management and Matisse Capital. They manage $202 billion and $202 billion respectively.

Ron Santella investment strategy

Teramo Advisors’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Materials — making up 4.6% of the total portfolio value. The fund focuses on investments in the United States as 28.6% 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 14% 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 $227 billion.

The complete list of Teramo Advisors 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
Spdr S&p 500 Etf Tr	30.77% 340,000	$185,034,800,000	91.64%
Ionq Inc	Closed 1,100,000	$10,989,000,000
Rayonier Inc.	Opened 320,000	$9,308,800,000	4.61%
Etf Ser Solutions	No change 30,000	$3,004,200,000	1.49%
Planet Labs Pbc	2.97% 1,132,700	$2,106,822,000	1.04%
Ishares Tr	96.05% 3,500	$1,915,305,000	0.95%
Exxon Mobil Corp.	No change 2,800	$322,336,000	0.16%
Shell Plc	No change 3,000	$216,540,000	0.11%
No transactions found
Showing first 500 out of 8 holdings