True Signal L.P. 13F annual report

True Signal L.P. is an investment fund managing more than $133 billion ran by Jin Choi. There are currently 74 companies in Mrs. Choi’s portfolio. The largest investments include Mcdonalds Corp and Sherwin-Williams Co, together worth $15.5 billion.

Limited to 30 biggest holdings

$133 billion Assets Under Management (AUM)

As of 19th January 2023, True Signal L.P.’s top holding is 30,153 shares of Mcdonalds Corp currently worth over $7.95 billion and making up 6.0% of the portfolio value. In addition, the fund holds 31,896 shares of Sherwin-Williams Co worth $7.57 billion, whose value fell 2.8% in the past six months. The third-largest holding is CVS Health Corp worth $7.31 billion and the next is Ulta Beauty Inc worth $6.69 billion, with 14,259 shares owned.

Currently, True Signal L.P.'s portfolio is worth at least $133 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 True Signal L.P.

The True Signal L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jin Choi serves as the Portfolio Manager at True Signal L.P..

Recent trades

In the most recent 13F filing, True Signal L.P. revealed that it had opened a new position in Mcdonalds Corp and bought 30,153 shares worth $7.95 billion.

One of the largest hedge funds

The two most similar investment funds to True Signal L.P. are S.A.. Mason and Primecap Management Co/ca/. They manage $133 billion and $133 billion respectively.


Jin Choi investment strategy

True Signal L.P.’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 42.5% of the total portfolio value. The fund focuses on investments in the United States as 71.6% 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 31% 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 $60.7 billion.

The complete list of True Signal L.P. trades based on 13F SEC filings

These positions were updated on January 26th 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
Mcdonalds Corp
Opened
30,153
$7,946,220,000 5.99%
Sherwin-Williams Co.
Opened
31,896
$7,569,878,000 5.70%
CVS Health Corp
Opened
78,436
$7,309,451,000 5.51%
Ulta Beauty Inc
Opened
14,259
$6,688,469,000 5.04%
Etsy Inc
Opened
48,849
$5,851,133,000 4.41%
United Parcel Service, Inc.
Opened
33,351
$5,797,738,000 4.37%
Burlington Stores Inc
Opened
24,965
$5,061,903,000 3.81%
Oreilly Automotive Inc
Opened
5,818
$4,910,567,000 3.70%
Target Corp
Opened
31,907
$4,755,419,000 3.58%
Tjx Cos Inc New
Opened
49,213
$3,917,355,000 2.95%
Dollar Tree Inc
Opened
27,474
$3,885,923,000 2.93%
Apple Inc
Opened
28,180
$3,661,427,000 2.76%
Foot Locker Inc
Opened
90,590
$3,423,396,000 2.58%
Amazon.com Inc.
Opened
38,992
$3,275,328,000 2.47%
Walmart Inc
Opened
22,620
$3,207,290,000 2.42%
Lululemon Athletica inc.
Opened
8,064
$2,583,544,000 1.95%
Restaurant Brands International Inc
Opened
39,033
$2,524,264,000 1.90%
DoorDash Inc
Opened
47,935
$2,340,187,000 1.76%
Autozone Inc.
Opened
908
$2,239,291,000 1.69%
YETI Holdings Inc
Opened
51,614
$2,132,174,000 1.61%
Boot Barn Holdings Inc
Opened
33,892
$2,118,928,000 1.60%
PayPal Holdings Inc
Opened
28,813
$2,052,062,000 1.55%
Tapestry Inc
Opened
53,308
$2,029,969,000 1.53%
Dillards Inc
Opened
5,952
$1,923,686,000 1.45%
Grocery Outlet Hldg Corp
Opened
65,783
$1,920,206,000 1.45%
Shake Shack Inc
Opened
44,850
$1,862,620,000 1.40%
Chegg Inc
Opened
72,583
$1,834,172,000 1.38%
Best Buy Co. Inc.
Opened
21,448
$1,720,344,000 1.30%
United Airls Hldgs Inc
Opened
41,738
$1,573,523,000 1.19%
Under Armour Inc
Opened
147,032
$1,493,845,000 1.13%
Wingstop Inc
Opened
10,023
$1,379,365,000 1.04%
Jack In The Box, Inc.
Opened
19,666
$1,341,811,000 1.01%
Avis Budget Group Inc
Opened
7,486
$1,227,180,000 0.92%
Capri Holdings Limited
Opened
21,201
$1,215,241,000 0.92%
Skechers U S A, Inc.
Opened
28,331
$1,188,485,000 0.90%
PVH Corp
Opened
16,727
$1,180,759,000 0.89%
Bumble Inc
Opened
53,080
$1,117,334,000 0.84%
Texas Roadhouse Inc
Opened
11,622
$1,057,021,000 0.80%
Sally Beauty Holdings Inc
Opened
82,365
$1,031,210,000 0.78%
Match Group Inc.
Opened
23,410
$971,281,000 0.73%
Medifast Inc
Opened
7,155
$825,329,000 0.62%
Brinker International, Inc.
Opened
25,219
$804,738,000 0.61%
Tractor Supply Co.
Opened
3,287
$739,476,000 0.56%
Sleep Number Corp
Opened
28,013
$727,778,000 0.55%
Krispy Kreme, Inc.
Opened
66,145
$682,616,000 0.51%
Bloomin Brands Inc
Opened
33,719
$678,426,000 0.51%
Oxford Inds Inc
Opened
6,829
$636,326,000 0.48%
Papa Johns Intl Inc
Opened
7,730
$636,256,000 0.48%
Lyft Inc
Opened
57,315
$631,611,000 0.48%
Caleres Inc
Opened
26,532
$591,133,000 0.45%
Spdr S&p 500 Etf Tr
Opened
1,100
$420,673,000 0.32%
La-Z-Boy Inc.
Opened
18,332
$418,336,000 0.32%
Chewy Inc
Opened
11,157
$413,702,000 0.31%
Leslies Inc
Opened
32,983
$402,722,000 0.30%
Wendys Co
Opened
17,420
$394,215,000 0.30%
Udemy Inc
Opened
33,392
$352,286,000 0.27%
Mister Car Wash, Inc.
Opened
36,726
$338,981,000 0.26%
Ruths Hospitality Group Inc
Opened
21,667
$335,405,000 0.25%
Kura Sushi USA, Inc.
Opened
6,612
$315,260,000 0.24%
Hanesbrands Inc
Opened
47,656
$303,092,000 0.23%
Levi Strauss & Co.
Opened
19,379
$300,762,000 0.23%
Columbia Sportswear Co.
Opened
3,432
$300,575,000 0.23%
Kroger Co.
Opened
6,705
$298,909,000 0.23%
Victorias Secret And Co
Opened
8,283
$296,366,000 0.22%
Signet Jewelers Limited
Opened
4,163
$283,084,000 0.21%
Dutch Bros Inc.
Opened
9,047
$255,035,000 0.19%
Genesco Inc.
Opened
4,631
$213,119,000 0.16%
First Watch Restaurant Group
Opened
15,398
$208,335,000 0.16%
Designer Brands Inc
Opened
21,157
$206,915,000 0.16%
Rent The Runway Inc
Opened
35,248
$107,506,000 0.08%
Skillz Inc.
Opened
178,840
$90,493,000 0.07%
FIGS, Inc.
Opened
12,475
$83,957,000 0.06%
The Realreal Inc
Opened
44,196
$55,245,000 0.04%
Vera Bradley Inc
Opened
10,847
$49,137,000 0.04%
No transactions found
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