We are live on ! Find out more
AC

Aaron Cowen Suvretta Capital Management

AUM $5.47B
1-Year Est. Return 131.34%
 

Aaron Cowen is the founder of Suvretta Capital Management, a long/short equity firm with a fundamental research process. The firm invests across sectors with an emphasis on differentiated fundamental views. Cowen’s disclosures are tracked by investors who follow mid-to-large fundamental hedge funds.

This Fund
S&P 500
This Quarter Est. Return
+19.2%
1 Year Est. Return
+131.34%
3 Year Est. Return
+363.85%
5 Year Est. Return
+515.73%
10 Year Est. Return
+2,786.05%
AUM
$3.45B
AUM Growth
+$1.78B
Cap. Flow
+$1.49B
Cap. Flow %
43.2%
Top 10 Hldgs %
58.28%
Holding
49
New
27
Increased
7
Reduced
4
Closed
11

Top Buys

Rank Stock Value
1
BA icon
Boeing
BA
+$195M
2
CMCSA icon
Comcast
CMCSA
+$142M
3
WP
Worldpay, Inc.
WP
+$114M
4
NFLX icon
Netflix
NFLX
+$110M
5
SYY icon
Sysco
SYY
+$88.8M

Top Sells

Rank Stock Value
1
STZ icon
Constellation Brands
STZ
+$167M
2
ULTA icon
Ulta Beauty
ULTA
+$59M
3
IQV icon
IQVIA
IQV
+$54.1M
4
QSR icon
Restaurant Brands International
QSR
+$51M
5
DG icon
Dollar General
DG
+$39.9M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 22.58%
2 Technology 20.14%
3 Industrials 13.85%
4 Healthcare 11.36%
5 Communication Services 10.5%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
$542M 15.7%
+1,920,200
New +$522M
CRM icon
2
Salesforce
CRM
$171B
$273M 7.91%
1,725,020
+63,620
+4% +$9.86M
ADBE icon
3
Adobe
ADBE
$109B
$256M 7.4%
959,804
-16,341
-2% -$4.12M
BA icon
4
Boeing
BA
$169B
$193M 5.59%
+506,344
New +$195M
CMCSA icon
5
Comcast
CMCSA
$95.3B
$150M 4.35%
+3,760,869
New +$142M
WP
6
DELISTED
Worldpay, Inc.
WP
$143M 4.13%
+1,257,900
New +$114M
QSR icon
7
Restaurant Brands International
QSR
$28.2B
$131M 3.79%
2,009,200
-829,404
-29% -$51M
BSX icon
8
Boston Scientific
BSX
$73B
$118M 3.42%
3,077,400
+778,946
+34% +$29.8M
NFLX icon
9
Netflix
NFLX
$331B
$113M 3.27%
+3,163,810
New +$110M
CSX icon
10
CSX Corp
CSX
$95.6B
$94M 2.72%
+3,769,200
New +$87.3M
IQV icon
11
IQVIA
IQV
$42.8B
$93.8M 2.72%
652,100
-406,200
-38% -$54.1M
DHI icon
12
D.R. Horton
DHI
$41.5B
$93.3M 2.7%
+2,253,733
New +$88.3M
SYY icon
13
Sysco
SYY
$40.2B
$91.1M 2.64%
+1,364,500
New +$88.8M
AMZN icon
14
Amazon
AMZN
$2.79T
$91M 2.64%
1,022,380
+1,006,380
+6,290% +$83.7M
GOOG icon
15
Alphabet (Google) Class C
GOOG
$4.18T
$88.8M 2.57%
1,513,940
+36,900
+2% +$2.07M
ELV icon
16
Elevance Health
ELV
$86.9B
$81.3M 2.35%
283,200
-18,217
-6% -$5.27M
LOW icon
17
Lowe's Companies
LOW
$121B
$76.5M 2.22%
+699,100
New +$69.8M
TJX icon
18
TJX Companies
TJX
$155B
$73.5M 2.13%
+1,381,300
New +$68.9M
BABA icon
19
Alibaba
BABA
$286B
$71.8M 2.08%
+393,318
New +$66.2M
RTX icon
20
RTX Corp
RTX
$283B
$67.6M 1.96%
+833,901
New +$63.4M
NSC icon
21
Norfolk Southern
NSC
$78.8B
$66M 1.91%
+353,323
New +$61.1M
BURL icon
22
Burlington
BURL
$20.6B
$59.8M 1.73%
+381,500
New +$61.5M
CPRT icon
23
Copart
CPRT
$31.3B
$57.8M 1.67%
3,814,400
+617,600
+19% +$8.39M
MCD icon
24
McDonald's
MCD
$192B
$57.1M 1.65%
+300,700
New +$54.6M
PFE icon
25
Pfizer
PFE
$160B
$54.4M 1.57%
1,348,909
+1,312,019
+3,557% +$52.5M
1
2

Similar funds

NC
Nicholas Company Milwaukee, Wisconsin $5.47B AUM 16.96% 1-Year Est. Return
EI
EFG International Zurich $5.46B AUM
AP
Antipodes Partners Royal Exchange, Australia $5.46B AUM 26.64% 1-Year Est. Return
ENV
Exor N.V. Amsterdam, Netherlands $5.46B AUM 6.21% 1-Year Est. Return
ACM
Abrams Capital Management Boston, Massachusetts $5.48B AUM 3.63% 1-Year Est. Return
VCM
Voleon Capital Management Berkeley, California $5.49B AUM 56.94% 1-Year Est. Return
GCM
Glenview Capital Management New York $5.49B AUM 46.89% 1-Year Est. Return
TPCW
TD Private Client Wealth New York $5.44B AUM 18.56% 1-Year Est. Return

Aaron Cowen's Q1 2019 Portfolio in Review

As of Q1 2019, Aaron Cowen held 49 positions worth $3.45B, up 106% from $1.68B the previous quarter. Its ten largest holdings account for 58% of the portfolio.

Aaron Cowen deployed $1.49B of net new capital in Q1 2019, opening 27 new positions and adding to 7 existing holdings. Its largest new stake was Boeing: 506,344 shares worth $193M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 23% of assets, up from 15% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was IQVIA, an estimated $54.1M trimmed.

  • Aaron Cowen's largest Q1 2019 buy was Boeing: 506,344 shares worth $193M.
  • Aaron Cowen added most to Amazon in Q1 2019, an estimated $83.7M increase.
  • Aaron Cowen's biggest Q1 2019 reduction was IQVIA, cutting an estimated $54.1M.
  • Aaron Cowen fully exited Constellation Brands in Q1 2019, selling an estimated $167M.
  • Aaron Cowen's ten largest holdings make up 58% of its $3.45B portfolio in Q1 2019.
  • Aaron Cowen opened 27 new positions and closed 11 in Q1 2019.
  • Aaron Cowen's portfolio value rose 106% quarter-over-quarter to $3.45B.

Based on Suvretta Capital Management's 13F filing for Q1 2019, filed 15 May 2019.