Equal-WT
WhaleScore 2.0
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SOUTHPOINT CAPITAL ADVISORS LP
NEW YORK NY
Investment Advisor
Hedge Fund
Southpoint Capital Advisors is based out of New York. Southpoint Capital Advisors is a hedge fund with 2 clients and discretionary assets under management (AUM) of $6,896,936,872 (Form ADV from 2024-03-28). Their last reported 13F filing for Q3 2024 included $4,219,010,674 in managed 13F securities
and a top 10 holdings concentration of 47.39%. Southpoint Capital Advisors's largest holding is Progressive Corp with shares held of 1,000,000. Whalewisdom has at least 79 13F filings, 8 13D filings, 117 13G filings, and 1 Form 4 filings
Investment Strategy
Southpoint Capital Advisors LP is a value-oriented investment adviser that primarily focuses on U.S. corporate equity, but also invests in other securities and investments. Their investment strategy is broadly defined as value-oriented long/short equity. They aim to achieve high absolute investment returns while minimizing the risk of capital loss by purchasing securities with trading values substantially below their intrinsic value and selling short securities and other financial instruments with trading values substantially above their intrinsic value.
Southpoint believes that the capital markets are efficient over the long term, but can be highly inefficient over the intermediate and short terms. They believe that the alert, patient and disciplined investor can achieve high absolute and risk-adjusted returns by exploiting these market inefficiencies. They may also employ hedging techniques to reduce the risk of highly speculative investments in securities, but there is a risk that these techniques may not be possible or effective in limiting losses.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| CEG Constellation Energy | 3.7% |
| LW Lamb Weston Holdings | 3.07% |
| PINS Pinterest Inc | 2.92% |
| SQ Block Inc | 2.7% |
| COF Capital One Financia | 2.48% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| TPX Tempur Sealy Interna | 3.3% |
| CRL Charles River Labora | 2.78% |
| LH Labcorp Holdings Inc | 2.53% |
| MTN Vail Resorts Inc | 2.24% |
| AMD Advanced Micro Devic | 1.82% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| PGR Progressive Corp | 6.01% |
| SYF Synchrony Financial | 5.44% |
| UBER Uber Technologies In | 5.34% |
| MSFT Microsoft Corporatio | 5.1% |
| DFS Discover Financial S | 4.99% |
2024-09-30
13F Activity
| Market Value | $4.22b, Prior: $4.02b |
| Inflows (Outflows) as % of Total MV | (-2.0497)% |
| New Purchases | 11 stocks |
| Added To | 10 stocks |
| Sold out of | 14 stocks |
| Reduced holdings in | 15 stocks |
| Top 10 Holdings % | 47.39% |
| Turnover %[1] | 44.64% |
| Turnover Alt %[2] | 30.82% |
| Time Held Top 20 | 2.8 quarters |
| Time Held Top 10 | 1.7 quarters |
| Time Held All | 5.93 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.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30