Xn L.P. 13F annual report
Xn L.P. is an investment fund managing more than $2.09 trillion ran by Thomas O'grady. There are currently 22 companies in Mr. O'grady’s portfolio. The largest investments include Tko Group Holdings Inc and Procore Technologies, together worth $394 billion.
$2.09 trillion Assets Under Management (AUM)
As of 5th August 2024, Xn L.P.’s top holding is 1,920,126 shares of Tko Group Holdings Inc currently worth over $207 billion and making up 9.9% of the portfolio value.
In addition, the fund holds 2,808,251 shares of Procore Technologies worth $186 billion, whose value fell 22.5% in the past six months.
The third-largest holding is TransUnion worth $146 billion and the next is GE Aerospace worth $142 billion, with 895,961 shares owned.
Currently, Xn L.P.'s portfolio is worth at least $2.09 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.
Careers at Xn L.P.
The Xn L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Thomas O'grady serves as the General Counsel & Chief Compliance Officer at Xn L.P..
Recent trades
In the most recent 13F filing, Xn L.P. revealed that it had opened a new position in
Floor & Decor Inc and bought 705,933 shares worth $70.2 billion.
This means they effectively own approximately 0.1% of the company.
Floor & Decor Inc makes up
56.5%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Procore Technologies by buying
1,411,812 additional shares.
This makes their stake in Procore Technologies total 2,808,251 shares worth $186 billion.
Procore Technologies dropped approximately 0.1% in the past year.
On the other hand, there are companies that Xn L.P. is getting rid of from its portfolio.
Xn L.P. closed its position in Netflix on 12th August 2024.
It sold the previously owned 137,579 shares for $83.6 billion.
Thomas O'grady also disclosed a decreased stake in Tko Group Holdings Inc by approximately 0.1%.
This leaves the value of the investment at $207 billion and 1,920,126 shares.
One of the largest hedge funds
The two most similar investment funds to Xn L.P. are Paralel Advisors and Kimmeridge Management. They manage $2.09 trillion and $2.09 trillion respectively.
Thomas O'grady investment strategy
Xn L.P.’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 43.1% of
the total portfolio value.
The fund focuses on investments in the United States as
68.2% 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
50% 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 $189 billion.
The complete list of Xn L.P. trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Tko Group Holdings Inc |
3.19%
1,920,126
|
$207,354,407,000 | 9.92% |
| Procore Technologies, Inc. |
101.10%
2,808,251
|
$186,215,124,000 | 8.91% |
| TransUnion |
194.72%
1,973,684
|
$146,368,405,000 | 7.00% |
| GE Aerospace |
4.01%
895,961
|
$142,430,920,000 | 6.81% |
| Alphabet Inc |
34.39%
755,606
|
$138,593,253,000 | 6.63% |
| Applied Matls Inc |
6.93%
556,550
|
$131,340,235,000 | 6.28% |
| Vulcan Matls Co |
21.62%
519,647
|
$129,225,816,000 | 6.18% |
| Toast, Inc. |
3.58%
4,874,002
|
$125,603,032,000 | 6.01% |
| Adobe Inc |
19.78%
216,826
|
$120,455,516,000 | 5.76% |
| Salesforce Inc |
24.24%
464,489
|
$119,420,122,000 | 5.71% |
| Wabtec |
38.18%
663,899
|
$104,929,237,000 | 5.02% |
| Netflix Inc. |
Closed
137,579
|
$83,555,854,000 | |
| Comcast Corp New |
16.73%
2,042,899
|
$79,999,925,000 | 3.83% |
| Advanced Micro Devices Inc. |
10.71%
480,563
|
$77,952,124,000 | 3.73% |
| Floor & Decor Holdings Inc |
Opened
705,933
|
$70,176,800,000 | 3.36% |
| Meta Platforms Inc |
Opened
126,724
|
$63,896,775,000 | 3.06% |
| NVIDIA Corp |
896.31%
509,441
|
$62,936,341,000 | 3.01% |
| Sherwin-Williams Co. |
Opened
197,663
|
$58,988,569,000 | 2.82% |
| Amazon.com Inc. |
13.10%
279,259
|
$53,966,802,000 | 2.58% |
| Endeavor Group Hldgs Inc |
71.98%
1,363,415
|
$36,853,107,000 | 1.76% |
| KKR & Co. Inc |
No change
258,936
|
$27,250,425,000 | 1.30% |
| General Electric Co |
Closed
165,812
|
$24,387,629,000 | |
| Elastic N.V |
5.45%
43,500
|
$4,955,085,000 | 0.24% |
| Ibotta Inc |
Opened
20,000
|
$1,503,200,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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