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DME CAPITAL MANAGEMENT, LP

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NEW YORK NY Investment Advisor Hedge Fund Billionaires Group Activist Investor
13F Summary

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Equal-WT
WhaleScore 2.0 ?

85

S&P 500
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Equal-WT
WhaleScore 1.0 ?

Greenlight Capital is managed by David Einhorn.Whalewisdom has at least 101 13F filings, 97 13D filings, 204 13G filings, and 6 Form 4 filings Their last reported 13F filing for Q4 2024 included $1,944,130,830 in managed 13F securities and a top 10 holdings concentration of 75.85%. DME Capital Management's largest holding is Green Brick Partners Inc with shares held of 9,467,383.
Business Description
We provide investment advisory services to DMEM Clients. We may in the future provide investment advisory services to additional clients including, but not limited to, other pooled investment vehicles, corporations, trusts, institutions, high net worth individuals, investment companies, pension plans, sovereign wealth funds, family offices, foundations and endowments. We are a value-oriented investment management firm that primarily invests and trades in. For a further discussion of these and related items, see Item 4 (Advisory Business) and Item 10 (Other Financial Industry Activities and Affiliations).
Investment Strategy
The firm primarily invests in long and short publicly-listed equity securities, and occasionally in macro and distressed debt investments. Their investment philosophy centers on fundamental analysis, believing that long-term trading values are determined by it. They seek opportunities where temporary value dislocations occur due to technical, psychological, or liquidity factors, or where the market miscalculates intrinsic value. They aim to capitalize on the market's eventual refocus on fundamentals and correction of intrinsic value assessments. The firm's long equity positions may include securities with systematic inefficiencies or those trading at a discount to intrinsic value. Short positions are generally in overvalued securities subject to fundamental deterioration. The portfolio is constructed from the bottom up, with each position evaluated independently. They may hedge risks and generally hedge currency risk in foreign investments. While the short portfolio acts as a hedge, they prefer shorting securities expected to decline regardless of market conditions. They also analyze the global macroeconomic environment and may make macro investments based on this analysis.
Owners
  • DME ADVISORS GP, LLC - GENERAL PARTNER
  • EINHORN, DAVID, MICHAEL - PRESIDENT; LIMITED PARTNER
  • ROSEN, STEVEN, ADAM - CHIEF COMPLIANCE OFFICER
  • ROITMAN, DANIEL, E - CHIEF OPERATING OFFICER
  • BROWN, BARRETT, CHRISTOPHER - CHIEF FINANCIAL OFFICER
  • Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-12-31

Top Buys (13F)

Name % Change
PTON Peloton Interactive 2.85%
CNC Centene Corp 2.71%
CNH CNH Industrial NV 2.69%
PENN PENN Entertainment I 1.45%
WFRD Weatherford Internat 1.06%

2024-12-31

Top Sells (13F)

Name % Change
ALIT Alight Inc 2.45%
THC Tenet Healthcare Cor 1.99%
ODP ODP Corporation (The 1.98%
HPQ HP Inc 1.73%
IAC IAC Inc 1.43%

2024-12-31

13F Holdings Summary

Name $ Change
GRBK Green Brick Partners 27.51%
CEIX Core Natural Resourc 7.65%
BHF Brighthouse Financia 7.01%
KD Kyndryl Holdings Inc 6.7%
CNH CNH Industrial NV 5.96%

2024-12-31

13F Activity

Market Value $1.94b, Prior: $2.40b
Inflows (Outflows) as % of Total MV (-9.3995)%
New Purchases 5 stocks
Added To 9 stocks
Sold out of 7 stocks
Reduced holdings in 10 stocks
Top 10 Holdings % 75.85%
Turnover %[1] 27.91%
Turnover Alt %[2] 9.36%
Time Held Top 20 7.95 quarters
Time Held Top 10 9.6 quarters
Time Held All 9.75 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

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2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance