Dld Asset Management, L.P. 13F annual report

Dld Asset Management, L.P. is an investment fund managing more than $49.5 billion ran by Naveen Dhuper. There are currently 34 companies in Mr. Dhuper’s portfolio. The largest investments include Middleby and Zscaler Inc, together worth $23.1 billion.

$49.5 billion Assets Under Management (AUM)

As of 6th August 2024, Dld Asset Management, L.P.’s top holding is 108,260 shares of Middleby currently worth over $13.3 billion and making up 26.8% of the portfolio value. Relative to the number of outstanding shares of Middleby, Dld Asset Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 51,383 shares of Zscaler Inc worth $9.88 billion, whose value fell 28.9% in the past six months. The third-largest holding is iRhythm Technologies Inc worth $4.75 billion and the next is Alnylam Pharmaceuticals Inc worth $3.94 billion, with 16,200 shares owned.

Currently, Dld Asset Management, L.P.'s portfolio is worth at least $49.5 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 Dld Asset Management, L.P.

The Dld Asset Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Naveen Dhuper serves as the CFO at Dld Asset Management, L.P..

Recent trades

In the most recent 13F filing, Dld Asset Management, L.P. revealed that it had opened a new position in Middleby and bought 108,260 shares worth $13.3 billion. This means they effectively own approximately 0.1% of the company. Middleby makes up 94.0% of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in R1 RCM by buying 1,521 additional shares. This makes their stake in R1 RCM total 56,521 shares worth $710 million. R1 RCM dropped approximately 0.1% in the past year.

On the other hand, there are companies that Dld Asset Management, L.P. is getting rid of from its portfolio. Dld Asset Management, L.P. closed its position in Anheuser-Busch InBev SA/NV on 13th August 2024. It sold the previously owned 175,000 shares for $10.6 billion. Naveen Dhuper also disclosed a decreased stake in Hess by 0.7%. This leaves the value of the investment at $738 million and 5,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Dld Asset Management, L.P. are Alphadyne Asset Management L.P. and Arbiter Partners Capital Management. They manage $49.5 billion and $49.4 billion respectively.


Naveen Dhuper investment strategy

Dld Asset Management, L.P.’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Industrials — making up 28.5% of the total portfolio value. The fund focuses on investments in the United States as 61.8% 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 32% of the total holdings value. On the other hand, small-cap stocks make up only 2.9% of the portfolio. The average market cap of the portfolio companies is close to $11.9 billion.

The complete list of Dld Asset Management, L.P. trades based on 13F SEC filings

These positions were updated on August 13th 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
Middleby Corp.
Opened
108,260
$13,273,759,000 26.80%
Anheuser-Busch InBev SA/NV
Closed
175,000
$10,636,500,000
Zscaler Inc
Opened
51,383
$9,875,299,000 19.94%
Microchip Technology, Inc.
Closed
73,263
$6,572,424,000
iRhythm Technologies Inc
Opened
44,150
$4,752,306,000 9.60%
Alnylam Pharmaceuticals Inc
Opened
16,200
$3,936,600,000 7.95%
Zillow Group Inc
Closed
48,400
$2,360,952,000
Tyler Technologies, Inc.
Closed
5,334
$2,267,003,000
Marathon Oil Corporation
Opened
67,255
$1,928,201,000 3.89%
Pioneer Nat Res Co
Closed
5,500
$1,443,750,000
Discover Finl Svcs
Closed
10,700
$1,402,663,000
United States Stl Corp New
Closed
33,000
$1,345,740,000
Four Leaf Acquisition Corp
Closed
116,000
$1,243,590,000
Liberty Media Corp.
Opened
53,586
$1,186,930,000 2.40%
Liberty Broadband Corp
Opened
20,695
$1,134,500,000 2.29%
IAC Inc
Opened
23,986
$1,123,744,000 2.27%
National Westn Life Group In
Closed
2,200
$1,082,312,000
Ishares Bitcoin Tr
Closed
25,350
$1,025,914,000
Capstar Finl Hldgs Inc
Closed
48,500
$974,850,000
Sharecare Inc
Opened
632,000
$853,200,000 1.72%
Vizio Hldg Corp
Closed
77,000
$842,380,000
Juniper Networks Inc
Closed
22,000
$815,320,000
Everbridge Inc
Closed
22,000
$766,260,000
General Mtrs Co
Opened
15,889
$738,203,000 1.49%
Hess Corporation
67.53%
5,000
$737,600,000 1.49%
Western Digital Corp.
Opened
9,560
$724,361,000 1.46%
R1 RCM Inc.
2.77%
56,521
$709,904,000 1.43%
Cerevel Therapeutics Hldng I
Closed
16,500
$697,455,000
Atmus Filtration Technologie
Opened
19,850
$571,283,000 1.15%
Vista Outdoor Inc
Opened
15,164
$570,925,000 1.15%
Teck Resources Ltd
Opened
11,900
$570,010,000 1.15%
Allete, Inc.
Opened
9,100
$567,385,000 1.15%
Illumina Inc
Opened
5,425
$566,262,000 1.14%
PENN Entertainment Inc
Opened
27,949
$540,953,000 1.09%
GFL Environmental Inc.
Opened
12,500
$486,625,000 0.98%
Enerplus Corporation
Closed
22,000
$432,520,000
Marti Technologies Inc
Opened
254,035
$429,065,000 0.87%
Kenvue Inc
Opened
23,399
$425,394,000 0.86%
Kellanova Co
Opened
7,000
$403,760,000 0.82%
Vestis Corporation
Opened
32,196
$393,757,000 0.80%
Berry Global Group Inc
Opened
6,600
$388,410,000 0.78%
Pagerduty Inc
Opened
16,894
$387,379,000 0.78%
McGrath Rentcorp
Opened
3,400
$362,270,000 0.73%
Target Hospitality Corp.
Closed
33,000
$358,710,000
Albertsons Cos Inc
60.28%
16,882
$333,420,000 0.67%
Southwest Airls Co
60.49%
11,250
$321,862,000 0.65%
Solventum Corp
Opened
6,049
$319,871,000 0.65%
International Paper Co.
Opened
7,371
$318,059,000 0.64%
Endeavor Group Hldgs Inc
Closed
11,000
$283,030,000
Six Flags Entmt Corp New
Opened
8,000
$265,120,000 0.54%
Nuvei Corporation
Opened
7,200
$233,136,000 0.47%
Terran Orbital Corporation
Closed
77,000
$100,870,000
Innovid Corp
Opened
50,000
$92,500,000 0.19%
Genworth Finl Inc
Closed
10,000
$64,300,000
Sirius XM Holdings Inc
Closed
11,000
$42,680,000
No transactions found
Showing first 500 out of 55 holdings