Equal-WT
WhaleScore 2.0
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683 Capital Management is based out of New York. 683 Capital Management is a hedge fund with 2 clients and discretionary assets under management (AUM) of $1,951,751,504 (Form ADV from 2024-03-06). Their last reported 13F filing for Q4 2024 included $1,613,481,254 in managed 13F securities
and a top 10 holdings concentration of 46.46%. 683 Capital Management's largest holding is Tesla Inc with shares held of 558,000. Whalewisdom has at least 62 13F filings, 12 13D filings, 218 13G filings, and 5 Form 4 filings
Business Description
683 Capital Management, LLC is an investment adviser. The firm's brochure provides information about its qualifications and business practices. Mimi Liu can be contacted for questions about the brochure's contents.
The firm provides reviews of client accounts, considering investment performance, market sensitivity, and changes impacting risk or return. Investors receive annual audited financial statements, monthly performance statements, and quarterly reports.
Investment Strategy
683 Capital intends to run the portfolio significantly net long and mildly leveraged most of the time, but may be underinvested depending on available opportunities. They also reserve the right to use limited amounts of leverage when deemed appropriate.
Investing in the Fund is speculative and involves significant risk factors, suitable only for sophisticated persons who can bear the economic risk of losing their entire investment. There is only limited ability to vary the investment portfolio in response to changing conditions, and no guarantee can be made that the Fund’s investment program will be successful.
Known Email Addresses
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Other Contact Information
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2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| TSLA Tesla Inc (PUT) | 8.99% |
| MSTR Strategy Inc (PUT) | 2.83% |
| MDGL Madrigal Pharmaceuti (PUT) | 2.77% |
| WDC Western Digital Corp | 1.62% |
| NVO Novo Nordisk (PUT) | 1.6% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| ALNY Alnylam Pharmaceutic (PUT) | 1.72% |
| BWA BorgWarner Inc | 1.59% |
| SN SharkNinja Inc | 1.49% |
| HGV Hilton Grand Vacatio | 1.09% |
| VKTX Viking Therapeutics | 0.84% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| TSLA Tesla Inc(PUT) | 13.97% |
| LLY Lilly(Eli) & Co(PUT) | 11% |
| COF Capital One Financia | 3.54% |
| MDGL Madrigal Pharmaceuti(PUT) | 2.95% |
| WVE WAVE Life Sciences L | 2.9% |
2024-12-31
13F Activity
| Market Value | $1.61b, Prior: $1.31b |
| Inflows (Outflows) as % of Total MV | +16.5442% |
| New Purchases | 115 stocks |
| Added To | 40 stocks |
| Sold out of | 33 stocks |
| Reduced holdings in | 32 stocks |
| Top 10 Holdings % | 46.46% |
| Turnover %[1] | 57.36% |
| Turnover Alt %[2] | 11.72% |
| Time Held Top 20 | 3.4 quarters |
| Time Held Top 10 | 3.5 quarters |
| Time Held All | 4.26 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31