Sarissa Consulting 13F annual report

Sarissa Consulting is an investment fund managing more than $91.8 million ran by Andrew Springer. There are currently 47 companies in Mr. Springer’s portfolio. The largest investments include Alleghany Corp Md and Nielsen Hldgs Plc, together worth $15.9 million.

Limited to 30 biggest holdings

$91.8 million Assets Under Management (AUM)

As of 7th November 2022, Sarissa Consulting’s top holding is 9,700 shares of Alleghany Corp Md currently worth over $8.14 million and making up 8.9% of the portfolio value. In addition, the fund holds 280,000 shares of Nielsen Hldgs Plc worth $7.76 million. The third-largest holding is Citrix Sys Inc worth $6.18 million and the next is Change Healthcare worth $3.81 million, with 138,700 shares owned.

Currently, Sarissa Consulting's portfolio is worth at least $91.8 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.

Careers at Sarissa Consulting

The Sarissa Consulting office and employees reside in Santa Monica, California. According to the last 13-F report filed with the SEC, Andrew Springer serves as the Consultant at Sarissa Consulting.

Recent trades

In the most recent 13F filing, Sarissa Consulting revealed that it had opened a new position in Alleghany Corp Md and bought 9,700 shares worth $8.14 million.

The investment fund also strengthened its position in Nielsen Hldgs Plc by buying 253,500 additional shares. This makes their stake in Nielsen Hldgs Plc total 280,000 shares worth $7.76 million.

On the other hand, there are companies that Sarissa Consulting is getting rid of from its portfolio. Sarissa Consulting closed its position in American Campus Cmntys Inc on 14th November 2022. It sold the previously owned 61,000 shares for $3.93 million. Andrew Springer also disclosed a decreased stake in Bluerock Residential Gwt Rei by approximately 0.1%. This leaves the value of the investment at $2.22 million and 83,058 shares.

One of the smallest hedge funds

The two most similar investment funds to Sarissa Consulting are Barker Partnership L.P. and Maripau Wealth Management. They manage $91.8 million and $91.8 million respectively.


Andrew Springer investment strategy

Sarissa Consulting’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 22.1% of the total portfolio value. The fund focuses on investments in the United States as 51.1% 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 15% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $10.3 billion.

The complete list of Sarissa Consulting trades based on 13F SEC filings

These positions were updated on November 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
Alleghany Corp Md
Opened
9,700
$8,142,000 8.87%
Nielsen Hldgs Plc
956.60%
280,000
$7,762,000 8.46%
Citrix Sys Inc
58.63%
59,500
$6,182,000 6.73%
American Campus Cmntys Inc
Closed
61,000
$3,933,000
Vonage Hldgs Corp
Closed
207,500
$3,909,000
Change Healthcare Inc.
90.00%
138,700
$3,813,000 4.15%
Activision Blizzard Inc
47.29%
48,900
$3,635,000 3.96%
Avalara Inc
Opened
39,500
$3,626,000 3.95%
Shaw Communications Inc.
Closed
121,800
$3,589,000
Rogers Corp.
No change
14,058
$3,400,000 3.70%
Tenneco, Inc.
204.99%
173,844
$3,023,000 3.29%
Ping Identity Hldg Corp
Opened
93,427
$2,622,000 2.86%
Sprague Res Lp Com
247.97%
127,013
$2,520,000 2.75%
Atlas Air Worldwide Hldgs In
Opened
26,000
$2,485,000 2.71%
TEGNA Inc
21.78%
118,517
$2,451,000 2.67%
Sailpoint Technlgies Hldgs I
Closed
39,000
$2,445,000
Atotech Ltd
Closed
126,250
$2,443,000
Tower Semiconductor Ltd.
26.47%
52,561
$2,310,000 2.52%
Twitter Inc
290.91%
51,600
$2,262,000 2.46%
1Life Healthcare, Inc.
Opened
131,666
$2,258,000 2.46%
Bluerock Residential Gwt Rei
1.55%
83,058
$2,222,000 2.42%
Cedar Realty Trust Inc
Closed
73,028
$2,102,000
Zendesk Inc
Opened
27,600
$2,100,000 2.29%
Healthcare Tr Amer Inc
Closed
72,000
$2,010,000
Ironsource Ltd
Opened
568,560
$1,956,000 2.13%
CDK Global Inc
Closed
35,222
$1,929,000
Renren Inc
38.26%
60,761
$1,799,000 1.96%
Global Blood Therapeutics In
Opened
26,000
$1,771,000 1.93%
Meritor Inc
Closed
48,650
$1,767,000
South Jersey Inds Inc
32.11%
51,224
$1,712,000 1.86%
Lucid Group, Inc.
No change
117,793
$1,646,000 1.79%
LHC Group Inc
Opened
10,000
$1,637,000 1.78%
Moneygram International Inc.
0.66%
153,100
$1,592,000 1.73%
Duke Realty Corp
Opened
32,000
$1,542,000 1.68%
Yamana Gold Inc.
Opened
325,000
$1,472,000 1.60%
Huntington Bancshares, Inc.
No change
109,543
$1,444,000 1.57%
Metromile Inc
Closed
1,565,603
$1,436,000
Silicon Motion Technology Corp
29.41%
22,000
$1,434,000 1.56%
Blueknight Energy Partners L Pfd
Closed
155,000
$1,318,000
Pnm Res Inc
No change
25,500
$1,166,000 1.27%
IAC Inc
No change
20,384
$1,129,000 1.23%
Irobot Corp
Opened
19,621
$1,105,000 1.20%
Welbilt Inc
Closed
45,676
$1,088,000
First Horizon Corporation
13.25%
47,000
$1,076,000 1.17%
Switch Inc
45.04%
31,183
$1,051,000 1.14%
Turning Point Therapeutics I
Closed
12,000
$903,000
Nuveen Inter Duration Mun Te
Opened
71,054
$879,000 0.96%
Mandiant Inc
Closed
39,873
$870,000
Vmware Inc.
Opened
8,000
$852,000 0.93%
Industrias Bachoco Sab
46.38%
17,836
$821,000 0.89%
Pershing Square Tontine Hldg Com
Closed
35,000
$699,000
Covetrus, Inc.
Opened
31,651
$661,000 0.72%
Special Opportunities Fd Inc
No change
59,534
$660,000 0.72%
Tufin Software Technologis L
Closed
51,395
$646,000
Transglobe Energy Corp.
Opened
219,182
$587,000 0.64%
Macquarie Infrastr Hold Llc Common
Closed
150,000
$587,000
Meridian Bioscience Inc.
Opened
18,267
$576,000 0.63%
Turquoise Hill Res Ltd
Opened
18,000
$532,000 0.58%
Cornerstone Bldg Brands Inc
Closed
21,037
$515,000
Natus Medical Inc
Closed
15,500
$508,000
Nuveen Emerging Mkts Debt 20
Opened
75,890
$488,000 0.53%
GCP Applied Technologies Inc
Closed
14,695
$460,000
ChemoCentryx Inc
Opened
8,000
$413,000 0.45%
Cedar Fair L.P.
Opened
8,700
$358,000 0.39%
Blueknight Energy Partners L Com
Closed
77,000
$348,000
Black Knight Inc
Opened
5,000
$324,000 0.35%
Eaton Vance Floating Rate 20
Opened
33,822
$291,000 0.32%
Points.com Inc
Closed
10,000
$250,000
Sportsmans Whse Hldgs Inc
Closed
25,800
$247,000
Vimeo Inc Common
Closed
32,500
$196,000
NeoPhotonics Corporation
Closed
12,000
$189,000
GTY Technology Holdings Inc
Closed
25,758
$161,000
Cc Neuberger Prin Hldgs Ii Shs
Closed
16,000
$160,000
Ashford Hospitality Tr Inc
Closed
13,573
$81,000
Drive Shack Inc
No change
16,701
$10,000 0.01%
No transactions found
Showing first 500 out of 75 holdings