Solel Partners L.P. 13F annual report

Solel Partners L.P. is an investment fund managing more than $562 billion ran by William Stone. There are currently 18 companies in Mr. Stone’s portfolio. The largest investments include Cigna and Bioceres Crop Solutions Corp, together worth $143 billion.

$562 billion Assets Under Management (AUM)

As of 8th May 2024, Solel Partners L.P.’s top holding is 233,900 shares of Cigna currently worth over $85 billion and making up 15.1% of the portfolio value. Relative to the number of outstanding shares of Cigna, Solel Partners L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 4,579,364 shares of Bioceres Crop Solutions Corp worth $58 billion, whose value grew 2.8% in the past six months. The third-largest holding is Humana worth $46.7 billion and the next is Synchrony worth $45.5 billion, with 1,054,300 shares owned.

Currently, Solel Partners L.P.'s portfolio is worth at least $562 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 Solel Partners L.P.

The Solel Partners L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, William Stone serves as the Chief Compliance Officer at Solel Partners L.P..

Recent trades

In the most recent 13F filing, Solel Partners L.P. revealed that it had opened a new position in Synchrony and bought 1,054,300 shares worth $45.5 billion. This means they effectively own approximately 0.1% of the company. Synchrony makes up 38.8% of the fund's Finance sector allocation and has grown its share price by 61.5% in the past year.

The investment fund also strengthened its position in Humana by buying 89,500 additional shares. This makes their stake in Humana total 134,800 shares worth $46.7 billion. Humana dropped 34.1% in the past year.

On the other hand, there are companies that Solel Partners L.P. is getting rid of from its portfolio. Solel Partners L.P. closed its position in Change Healthcare on 15th May 2024. It sold the previously owned 2,567,835 shares for $70.6 million. William Stone also disclosed a decreased stake in Cigna by approximately 0.1%. This leaves the value of the investment at $85 billion and 233,900 shares.

One of the average hedge funds

The two most similar investment funds to Solel Partners L.P. are Fifthdelta Ltd and Emerald Advisors. They manage $562 billion and $561 billion respectively.

William Stone investment strategy

Solel Partners L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Health Care — making up 23.4% of the total portfolio value. The fund focuses on investments in the United States as 61.1% 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 44% 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 $30.2 billion.

The complete list of Solel Partners L.P. trades based on 13F SEC filings

These positions were updated on May 15th 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
Cigna Group (The)	0.64% 233,900	$84,950,141,000	15.12%
Bioceres Crop Solutions Corp	No change 4,579,364	$57,974,748,000	10.32%
Humana Inc.	197.57% 134,800	$46,737,856,000	8.32%
Synchrony Financial	Opened 1,054,300	$45,461,416,000	8.09%
Fidelity National Financial Inc	Opened 789,000	$41,895,900,000	7.46%
Travel Plus Leisure Co	123.70% 787,317	$38,547,040,000	6.86%
Amazon.com Inc.	44.22% 202,470	$36,521,539,000	6.50%
Couchbase Inc	17.67% 1,292,513	$34,006,017,000	6.05%
Zuora Inc	Opened 3,574,863	$32,602,751,000	5.80%
Alight Inc.	18.07% 3,167,317	$31,198,072,000	5.55%
Sprinklr, Inc.	Opened 2,516,237	$30,874,228,000	5.49%
CS Disco, Inc.	Opened 3,342,308	$27,172,964,000	4.84%
HDFC Bank Ltd.	38.80% 416,400	$23,305,908,000	4.15%
Herbalife Ltd	11.37% 1,169,405	$11,752,520,000	2.09%
Melco Resorts And Entmnt Ltd	51.02% 989,300	$7,132,853,000	1.27%
Prudential plc	32.11% 339,824	$6,548,408,000	1.17%
Liveperson Inc	Opened 4,094,659	$4,084,013,000	0.73%
Coupang, Inc.	Opened 65,600	$1,167,024,000	0.21%
Change Healthcare Inc.	Closed 2,567,835	$70,590,000
Uber Technologies Inc	Closed 1,482,500	$39,286,000
PG&E Corp.	Closed 2,394,406	$29,930,000
Apartment Invt & Mgmt Co	Closed 3,087,494	$22,539,000
Nutanix Inc	Closed 1,064,000	$22,163,000
PROG Holdings, Inc.	Closed 1,182,385	$17,712,000
Universal Hlth Svcs Inc	Closed 182,341	$16,079,000
European Wax Ctr Inc	Closed 700,000	$12,915,000
Opendoor Technologies Inc.	Closed 1,500,000	$4,665,000
Mister Car Wash, Inc.	Closed 345,893	$2,968,000
Ross Stores, Inc.	Closed 14,000	$1,180,000
Apollo Global Mgmt Inc	Closed 19,500	$907,000
Appian Corp	Closed 21,000	$857,000
Carrols Restaurant Group Inc.	Closed 308,945	$504,000
No transactions found
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