Flat Footed 13F annual report

Flat Footed is an investment fund managing more than $212 billion ran by Laura Arnold. There are currently 7 companies in Mrs. Arnold’s portfolio. The largest investments include Diversified Healthcare Tr and Grifols S A, together worth $128 billion.

$212 billion Assets Under Management (AUM)

As of 7th August 2024, Flat Footed’s top holding is 23,487,000 shares of Diversified Healthcare Tr currently worth over $71.6 billion and making up 33.8% of the portfolio value. In addition, the fund holds 8,976,421 shares of Grifols S A worth $56.6 billion. The third-largest holding is Brookdale Sr Living Inc worth $42.6 billion and the next is Eastman Kodak Co worth $13.7 billion, with 2,549,435 shares owned.

Currently, Flat Footed's portfolio is worth at least $212 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 Flat Footed

The Flat Footed office and employees reside in Wilson, Wyoming. According to the last 13-F report filed with the SEC, Laura Arnold serves as the Chief Compliance Officer at Flat Footed.

Recent trades

In the most recent 13F filing, Flat Footed revealed that it had opened a new position in Eastman Kodak Co and bought 2,549,435 shares worth $13.7 billion. This means they effectively own approximately 0.1% of the company. Eastman Kodak Co makes up 100.0% of the fund's Consumer Discretionary sector allocation and has decreased its share price by 0.4% in the past year.

The investment fund also strengthened its position in Grifols S A by buying 1,617,642 additional shares. This makes their stake in Grifols S A total 8,976,421 shares worth $56.6 billion.

On the other hand, there are companies that Flat Footed is getting rid of from its portfolio. Flat Footed closed its position in TEGNA Inc on 14th August 2024. It sold the previously owned 2,666,954 shares for $40.8 billion. Laura Arnold also disclosed a decreased stake in SEACOR Marine Inc by 0.3%. This leaves the value of the investment at $11 billion and 816,188 shares.

One of the smallest hedge funds

The two most similar investment funds to Flat Footed are Lumbard & Kellner and Long Walk Management L.P.. They manage $212 billion and $212 billion respectively.

Laura Arnold investment strategy

Flat Footed’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 6.5% of the total portfolio value. The fund focuses on investments in the United States as 57.1% 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 approximately 0.1% 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 $809 million.

The complete list of Flat Footed trades based on 13F SEC filings

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
Diversified Healthcare Tr	No change 23,487,000	$71,635,350,000	33.83%
Grifols S A	21.98% 8,976,421	$56,596,334,000	26.73%
Brookdale Sr Living Inc	80.86% 6,242,683	$42,637,525,000	20.13%
TEGNA Inc	Closed 2,666,954	$40,804,396,000
UGI Corp.	Closed 1,161,216	$28,565,914,000
Eastman Kodak Co.	Opened 2,549,435	$13,715,961,000	6.48%
SEACOR Marine Holdings Inc	26.08% 816,188	$11,010,376,000	5.20%
A-Mark Precious Metals Inc	Opened 279,537	$9,048,612,000	4.27%
Par Pac Holdings Inc	Closed 202,950	$7,381,292,000
Consol Energy Inc	Opened 69,861	$7,127,918,000	3.37%
Diamondback Energy Inc	Closed 37,476	$5,811,778,000
Highpeak Energy Inc	Closed 109,065	$1,553,085,000
SM Energy Co	Closed 35,406	$1,370,920,000
No transactions found
Showing first 500 out of 13 holdings