Equal-WT
WhaleScore 2.0
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STEADFAST CAPITAL MANAGEMENT LP
NEW YORK NY
Investment Advisor
Hedge Fund
Steadfast Capital Management is based out of New York and is run by Robert Pitts, Jr. Steadfast Capital Management is a hedge fund with 2 clients and discretionary assets under management (AUM) of $7,215,624,352 (Form ADV from 2024-03-29). Their last reported 13F filing for Q4 2024 included $4,917,744,433 in managed 13F securities
and a top 10 holdings concentration of 39.97%. Steadfast Capital Management's largest holding is Kroger Co with shares held of 4,546,010. Whalewisdom has at least 97 13F filings, and 124 13G filings
Business Description
SCM serves as a discretionary investment manager to private investment funds offered to financially sophisticated institutional and high net worth investors. Steadfast Financial LP (“SF”), an affiliate of SCM, also provides services to the Funds in accordance with a service agreement with SCM.
SCM and SF are collectively referred to as “Steadfast.”
Investment Strategy
Steadfast seeks to generate attractive rates of return over the long term by investing primarily in publicly traded securities, both long and short. Although Steadfast seeks to make competitive returns on investment for its clients, Steadfast emphasizes the preservation of capital and the avoidance of large draw downs, especially in declining markets.
Steadfast believes that a disciplined approach based on intensive research, a focus on the direction of underlying company fundamentals, and portfolio diversification can provide attractive returns on capital without undue risk to principal. Asset valuation and bottom-up research drive their investment decision making process.
Owners
- STEADFAST GP LLC - GENERAL PARTNER
- PATEL, MIRAJ, D. - PRINCIPAL
- PITTS, ROBERT, STANLEY - LIMITED PARTNER
- KOSHY, SHEENA - CHIEF OPERATING OFFICER
- BODMER, ZACHARY - CHIEF COMPLIANCE OFFICER
- Wong, Alex - PRINCIPAL Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| KR Kroger Co | 5.65% |
| SBUX Starbucks Corp | 4.31% |
| APP Applovin Corp | 2.78% |
| FIVE Five Below Inc | 2.51% |
| TJX TJX Companies Inc | 2.5% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| CEG Constellation Energy | 6.46% |
| SPOT Spotify Technology S | 3.01% |
| META Meta Platforms Inc | 2.94% |
| UBER Uber Technologies In | 2.71% |
| CCL Carnival Corp | 2.37% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| KR Kroger Co | 5.65% |
| ROST Ross Stores, Inc. | 5.03% |
| BSX Boston Scientific Co | 4.32% |
| SBUX Starbucks Corp | 4.31% |
| GEV GE Vernova Inc | 3.76% |
2024-12-31
13F Activity
| Market Value | $4.92b, Prior: $4.50b |
| Inflows (Outflows) as % of Total MV | +4.3525% |
| New Purchases | 18 stocks |
| Added To | 18 stocks |
| Sold out of | 15 stocks |
| Reduced holdings in | 17 stocks |
| Top 10 Holdings % | 39.97% |
| Turnover %[1] | 45.21% |
| Turnover Alt %[2] | 34.4% |
| Time Held Top 20 | 1.65 quarters |
| Time Held Top 10 | 1.4 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