1060 Capital is an investment fund managing more than $51.8 billion ran by Brian Gustavson. There are currently 11 companies in Mr. Gustavson’s portfolio. The largest investments include Array Technologies and Scotts Miracle-Gro, together worth $19.8 billion.
As of 7th August 2024, 1060 Capital’s top holding is 750,000 shares of Array Technologies currently worth over $11.2 billion and making up 21.6% of the portfolio value.
Relative to the number of outstanding shares of Array Technologies, 1060 Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 115,000 shares of Scotts Miracle-Gro worth $8.58 billion, whose value grew 23.5% in the past six months.
The third-largest holding is Primoris Svcs Corp worth $8.3 billion and the next is Las Vegas Sands Corp worth $7.76 billion, with 150,000 shares owned.
Currently, 1060 Capital's portfolio is worth at least $51.8 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.
The 1060 Capital office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Brian Gustavson serves as the President/Co-Founder at 1060 Capital.
In the most recent 13F filing, 1060 Capital revealed that it had opened a new position in
Primoris Svcs Corp and bought 194,860 shares worth $8.3 billion.
The investment fund also strengthened its position in Array Technologies by buying
500,000 additional shares.
This makes their stake in Array Technologies total 750,000 shares worth $11.2 billion.
Array Technologies dropped 61.2% in the past year.
On the other hand, there are companies that 1060 Capital is getting rid of from its portfolio.
1060 Capital closed its position in Mastec on 14th August 2024.
It sold the previously owned 135,000 shares for $10.2 billion.
The two most similar investment funds to 1060 Capital are Blossom Wealth Management and Natixis Advisors. They manage $45.9 billion and $46 billion respectively.
1060 Capital’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 33.7% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% 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
9% 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 $8.97 billion.
These positions were updated on August 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 |
|---|---|---|---|
| Array Technologies, Inc. |
200.00%
750,000
|
$11,182,500,000 | 21.61% |
| Mastec Inc. |
Closed
135,000
|
$10,222,200,000 | |
| Scotts Miracle-Gro Company |
769.70%
115,000
|
$8,577,850,000 | 16.57% |
| Primoris Svcs Corp |
Opened
194,860
|
$8,295,190,000 | 16.03% |
| Las Vegas Sands Corp |
Opened
150,000
|
$7,755,000,000 | 14.98% |
| Quanta Svcs Inc |
Closed
29,213
|
$6,304,165,000 | |
| Vulcan Matls Co |
Closed
25,000
|
$5,675,250,000 | |
| Churchill Downs, Inc. |
Opened
40,500
|
$5,011,875,000 | 9.68% |
| Martin Marietta Matls Inc |
Closed
10,000
|
$4,989,100,000 | |
| Life Time Group Holdings, Inc. |
Opened
250,000
|
$3,880,000,000 | 7.50% |
| Melco Resorts And Entmnt Ltd |
Opened
400,000
|
$2,884,000,000 | 5.57% |
| Full Hse Resorts Inc |
Opened
357,133
|
$1,989,231,000 | 3.84% |
| Stagwell Inc |
Opened
174,754
|
$1,086,970,000 | 2.10% |
| Clarus Corp |
Opened
116,239
|
$784,613,000 | 1.52% |
| Bragg Gaming Group Inc |
Opened
50,000
|
$308,500,000 | 0.60% |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||