Candlestick Capital Management L.P. is an investment fund managing more than $2.96 trillion ran by James Mcgovern. There are currently 63 companies in Mr. Mcgovern’s portfolio. The largest investments include Meta Platforms Inc and Colgate-Palmolive Co, together worth $234 billion.
As of 7th August 2023, Candlestick Capital Management L.P.’s top holding is 438,783 shares of Meta Platforms Inc currently worth over $126 billion and making up 4.2% of the portfolio value.
Relative to the number of outstanding shares of Meta Platforms Inc, Candlestick Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,400,000 shares of Colgate-Palmolive Co worth $108 billion, whose value grew 5.1% in the past six months.
The third-largest holding is Carnival worth $104 billion and the next is Royal Caribbean worth $104 billion, with 999,979 shares owned.
Currently, Candlestick Capital Management L.P.'s portfolio is worth at least $2.96 trillion. 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 Candlestick Capital Management L.P. office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, James Mcgovern serves as the Chief Compliance Officer at Candlestick Capital Management L.P..
In the most recent 13F filing, Candlestick Capital Management L.P. revealed that it had opened a new position in
Meta Platforms Inc and bought 438,783 shares worth $126 billion.
This means they effectively own approximately 0.1% of the company.
Meta Platforms Inc makes up
30.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Colgate-Palmolive Co by buying
725,000 additional shares.
This makes their stake in Colgate-Palmolive Co total 1,400,000 shares worth $108 billion.
Colgate-Palmolive Co dropped approximately 0.1% in the past year.
On the other hand, there are companies that Candlestick Capital Management L.P. is getting rid of from its portfolio.
Candlestick Capital Management L.P. closed its position in Pepsico Inc on 14th August 2023.
It sold the previously owned 600,000 shares for $100 million.
James Mcgovern also disclosed a decreased stake in Amazon.com by 0.5%.
This leaves the value of the investment at $74.5 billion and 571,649 shares.
The two most similar investment funds to Candlestick Capital Management L.P. are Kohlberg Kravis Roberts & Co. L.P. and Balentine. They manage $2.97 trillion and $2.97 trillion respectively.
Candlestick Capital Management L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 32.7% of
the total portfolio value.
The fund focuses on investments in the United States as
68.3% 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
54% 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 $46 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 |
|---|---|---|---|
| Meta Platforms Inc |
Opened
438,783
|
$125,921,945,000 | 4.25% |
| Colgate-Palmolive Co. |
107.41%
1,400,000
|
$107,856,000,000 | 3.64% |
| Carnival Corp. |
Opened
5,509,957
|
$103,752,490,000 | 3.50% |
| Royal Caribbean Group |
55.65%
999,979
|
$103,737,821,000 | 3.50% |
| Thor Inds Inc |
Opened
895,000
|
$92,632,500,000 | 3.12% |
| Clorox Co. |
7.62%
565,000
|
$89,857,600,000 | 3.03% |
| Burlington Stores Inc |
41.05%
534,236
|
$84,083,404,000 | 2.84% |
| Generac Holdings Inc |
Opened
530,471
|
$79,109,140,000 | 2.67% |
| Yum Brands Inc. |
Opened
545,012
|
$75,511,413,000 | 2.55% |
| Amazon.com Inc. |
50.63%
571,649
|
$74,520,164,000 | 2.51% |
| Lamb Weston Holdings Inc |
41.00%
590,000
|
$67,820,500,000 | 2.29% |
| Acv Auctions Inc |
Opened
3,800,000
|
$65,626,000,000 | 2.21% |
| Brown-Forman Corporation |
Opened
975,000
|
$65,110,500,000 | 2.20% |
| frontdoor, inc. |
Opened
2,000,000
|
$63,800,000,000 | 2.15% |
| Pool Corporation |
Opened
170,000
|
$63,688,800,000 | 2.15% |
| Crown Holdings, Inc. |
Opened
725,000
|
$62,980,750,000 | 2.12% |
| Oracle Corp. |
Opened
511,664
|
$60,934,066,000 | 2.06% |
| 3M Co. |
224.32%
600,000
|
$60,054,000,000 | 2.03% |
| Walmart Inc |
Opened
381,292
|
$59,931,477,000 | 2.02% |
| Take-two Interactive Softwar |
17.84%
407,175
|
$59,919,873,000 | 2.02% |
| Shopify Inc |
18.02%
922,256
|
$59,577,738,000 | 2.01% |
| Gartner, Inc. |
Opened
170,000
|
$59,552,700,000 | 2.01% |
| Abercrombie & Fitch Co. |
Opened
1,563,618
|
$58,917,126,000 | 1.99% |
| Wynn Resorts Ltd. |
Opened
557,475
|
$58,874,935,000 | 1.99% |
| Pinterest Inc |
Opened
2,053,316
|
$56,137,659,000 | 1.89% |
| Ulta Beauty Inc |
Opened
118,973
|
$55,988,099,000 | 1.89% |
| Tjx Cos Inc New |
Opened
653,682
|
$55,425,697,000 | 1.87% |
| Lennar Corp. |
Opened
438,230
|
$54,914,601,000 | 1.85% |
| Ingredion Inc |
Opened
445,000
|
$47,147,750,000 | 1.59% |
| Murphy USA Inc |
Opened
149,312
|
$46,452,456,000 | 1.57% |
| Coca-cola Europacific Partne |
366.67%
700,000
|
$45,101,000,000 | 1.52% |
| Kenvue Inc |
Opened
1,650,000
|
$43,593,000,000 | 1.47% |
| Dave & Busters Entmt Inc |
14.09%
976,430
|
$43,509,721,000 | 1.47% |
| Bunge Limited |
57.21%
460,000
|
$43,401,000,000 | 1.46% |
| Ppg Inds Inc |
Opened
270,836
|
$40,164,979,000 | 1.35% |
| Sherwin-Williams Co. |
Opened
151,056
|
$40,108,389,000 | 1.35% |
| Pilgrims Pride Corp |
Opened
1,850,000
|
$39,756,500,000 | 1.34% |
| Toll Brothers Inc. |
Opened
488,331
|
$38,612,332,000 | 1.30% |
| Lululemon Athletica inc. |
Opened
92,817
|
$35,131,235,000 | 1.18% |
| Ross Stores, Inc. |
17.79%
300,000
|
$33,639,000,000 | 1.13% |
| Fair, Isaac Corp. |
Opened
38,881
|
$31,462,894,000 | 1.06% |
| Brinker International, Inc. |
Opened
841,649
|
$30,804,353,000 | 1.04% |
| Mcdonalds Corp |
Opened
101,925
|
$30,415,439,000 | 1.03% |
| Delta Air Lines, Inc. |
100.00%
600,000
|
$28,524,000,000 | 0.96% |
| Bath & Body Works Inc |
55.49%
750,000
|
$28,125,000,000 | 0.95% |
| Ishares Tr |
Opened
150,000
|
$28,090,500,000 | 0.95% |
| BILL Holdings Inc |
Opened
225,000
|
$26,291,250,000 | 0.89% |
| Fedex Corp |
Opened
100,000
|
$24,790,000,000 | 0.84% |
| Boston Beer Co., Inc. |
37.50%
75,000
|
$23,133,000,000 | 0.78% |
| Vail Resorts Inc. |
46.64%
90,559
|
$22,799,134,000 | 0.77% |
| Walgreens Boots Alliance Inc |
11.76%
750,000
|
$21,367,500,000 | 0.72% |
| Alibaba Group Hldg Ltd |
47.96%
250,000
|
$20,837,500,000 | 0.70% |
| Williams-Sonoma, Inc. |
Opened
150,000
|
$18,771,000,000 | 0.63% |
| Adobe Systems Incorporated |
Opened
30,609
|
$14,967,495,000 | 0.50% |
| McCormick & Co., Inc. |
Opened
150,000
|
$13,084,500,000 | 0.44% |
| Ball Corp. |
Opened
200,000
|
$11,642,000,000 | 0.39% |
| Urban Outfitters, Inc. |
Opened
319,081
|
$10,571,154,000 | 0.36% |
| Carmax Inc |
Opened
124,257
|
$10,400,311,000 | 0.35% |
| Freyr Battery |
72.59%
1,050,000
|
$9,817,500,000 | 0.33% |
| TransUnion |
Opened
125,000
|
$9,791,250,000 | 0.33% |
| Applovin Corp |
Opened
362,418
|
$9,325,015,000 | 0.31% |
| Skechers U S A, Inc. |
Opened
175,000
|
$9,215,500,000 | 0.31% |
| Accenture Plc Ireland |
Opened
25,000
|
$7,714,500,000 | 0.26% |
| Pepsico Inc |
Closed
600,000
|
$99,996,000 | |
| Live Nation Entertainment In |
Closed
1,115,036
|
$92,080,000 | |
| ServiceNow Inc |
Closed
171,135
|
$81,378,000 | |
| Lauder Estee Cos Inc |
Closed
315,000
|
$80,221,000 | |
| JD.com Inc |
Closed
1,162,666
|
$74,666,000 | |
| Select Sector Spdr Tr |
Closed
575,000
|
$73,738,000 | |
| Philip Morris International Inc |
Closed
700,000
|
$69,118,000 | |
| Simon Ppty Group Inc New |
Closed
725,000
|
$68,817,000 | |
| Visa Inc |
Closed
330,401
|
$65,053,000 | |
| Dominos Pizza Inc |
Closed
164,925
|
$64,273,000 | |
| S&P Global Inc |
Closed
170,000
|
$57,300,000 | |
| Aptiv PLC |
Closed
590,000
|
$52,551,000 | |
| Harley-Davidson, Inc. |
Closed
1,575,000
|
$49,865,000 | |
| Baidu Inc |
Closed
325,120
|
$48,355,000 | |
| Darling Ingredients Inc |
Closed
785,000
|
$46,943,000 | |
| General Mtrs Co |
Closed
1,450,000
|
$46,052,000 | |
| Celsius Holdings Inc |
Closed
665,000
|
$43,398,000 | |
| IAA Inc |
Closed
1,289,991
|
$42,273,000 | |
| Atlassian Corp Plc |
Closed
225,000
|
$42,165,000 | |
| Hilton Worldwide Holdings Inc |
Closed
350,000
|
$39,004,000 | |
| Texas Roadhouse Inc |
Closed
527,151
|
$38,587,000 | |
| Bright Horizons Fam Sol In D |
Closed
450,000
|
$38,034,000 | |
| Lear Corp. |
Closed
300,000
|
$37,767,000 | |
| Sanderson Farms, Inc. |
Closed
175,000
|
$37,718,000 | |
| Starbucks Corp. |
Closed
487,988
|
$37,277,000 | |
| Target Corp |
Closed
250,000
|
$35,308,000 | |
| Booking Holdings Inc |
Closed
20,116
|
$35,183,000 | |
| Alphabet Inc |
Closed
15,000
|
$32,689,000 | |
| Marriott Intl Inc New |
Closed
239,507
|
$32,575,000 | |
| Monster Beverage Corp. |
Closed
325,000
|
$30,128,000 | |
| Carters Inc |
Closed
425,000
|
$29,954,000 | |
| Las Vegas Sands Corp |
Closed
875,456
|
$29,407,000 | |
| Mastercard Incorporated |
Closed
90,000
|
$28,393,000 | |
| Copart, Inc. |
Closed
250,000
|
$27,165,000 | |
| Victorias Secret And Co |
Closed
871,484
|
$24,375,000 | |
| Wework Inc |
Closed
4,600,000
|
$23,092,000 | |
| G-III Apparel Group Ltd. |
Closed
1,000,000
|
$20,230,000 | |
| Macys Inc |
Closed
750,000
|
$13,740,000 | |
| Seaworld Entmt Inc |
Closed
301,859
|
$13,336,000 | |
| Boeing Co. |
Closed
75,000
|
$10,254,000 | |
| Ferguson Plc New |
Closed
75,000
|
$8,303,000 | |
| Wingstop Inc |
Closed
96,031
|
$7,180,000 | |
| Nike, Inc. |
Closed
67,152
|
$6,863,000 | |
| Hilton Grand Vacations Inc |
Closed
177,196
|
$6,331,000 | |
| Nutrien Ltd |
Closed
65,000
|
$5,180,000 | |
| Microsoft Corporation |
Closed
18,913
|
$4,857,000 | |
| e.l.f. Beauty Inc |
Closed
125,000
|
$3,835,000 | |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||