Equal-WT
WhaleScore 2.0
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Leonard Green & Partners is based out of Los Angeles. Leonard Green & Partners is a hedge fund with 84 clients and discretionary assets under management (AUM) of $77,831,733,868 (Form ADV from 2024-03-29). Their last reported 13F filing for Q2 2024 included $4,705,963,541 in managed 13F securities
and a top 10 holdings concentration of 99.75%. Leonard Green & Partners's largest holding is Mister Car Wash Inc with shares held of 219,213,079. Whalewisdom has at least 86 13F filings, 1 13D filings, and 41 Form 4 filings
Business Description
Leonard Green & Partners, L.P. (LGP) is an investment advisor registered with the Securities and Exchange Commission (SEC). Their brochure provides information about their qualifications and business practices. LGP's business is collaborative in nature, involving recommending services from their portfolio companies to other portfolio companies.
This practice may create a conflict of interest, as LGP has an incentive to increase revenue at its portfolio companies and maintain goodwill. However, the recommended products or services may not be the best available or at the best available price for the portfolio companies.
Investment Strategy
The investment strategies involve investing in companies with little or no operating history, which may be more vulnerable to financial failure and have a shorter operating history. These companies may also have negative cash flow, making the investment highly speculative and potentially leading to the loss of the entire investment.
Furthermore, the investment strategies involve investing in companies with highly leveraged capital structures, which are inherently more sensitive to declines in revenue and increases in expenses or interest rates. This strategy carries a high degree of risk, and the negative performance of a single investment could significantly impact the overall return of the fund.
Owners
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Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| MODG Topgold Callaway Bra | 2.06% |
| SIG Signet Jewelers Ltd | 0.01% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| WCC WESCO International, | 8.03% |
| CTLT Catalent Inc | 1.47% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| MCW Mister Car Wash Inc | 33.17% |
| LTH Life Time Group Hold | 23.5% |
| CLVT CLARIVATE PLC | 14.11% |
| WCC WESCO International, | 11.95% |
| WSM Williams-Sonoma Inc. | 9.67% |
2024-06-30
13F Activity
| Market Value | $4.71b, Prior: $5.49b |
| Inflows (Outflows) as % of Total MV | (-9.6819)% |
| New Purchases | 1 stocks |
| Added To | 1 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 2 stocks |
| Top 10 Holdings % | 99.75% |
| Turnover %[1] | 8.33% |
| Turnover Alt %[2] | 2.07% |
| Time Held Top 20 | 12.6667 quarters |
| Time Held Top 10 | 9.2 quarters |
| Time Held All | 12.67 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.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30