Berry Street Capital Management Portfolio holdings

Berry Street Capital Management's Q3 2023 Portfolio in Review

As of Q3 2023, Berry Street Capital Management held 49 positions worth $340M, down 37% from $539M the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Berry Street Capital Management withdrew a net $215M in Q3 2023, closing 20 positions and reducing 8 holdings. Its most notable exit was Syneos Health, Inc. Class A Common Stock, an estimated $13.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Berry Street Capital Management opened a new position in Capri Holdings worth $19.1M.

• Berry Street Capital Management's largest Q3 2023 buy was Capri Holdings: 362,500 shares worth $19.1M.
• Berry Street Capital Management added most to Seagen Inc. Common Stock in Q3 2023, an estimated $23.7M increase.
• Berry Street Capital Management's biggest Q3 2023 reduction was VMware, Inc, cutting an estimated $27M.
• Berry Street Capital Management fully exited Syneos Health, Inc. Class A Common Stock in Q3 2023, selling an estimated $13.2M.
• Berry Street Capital Management's ten largest holdings make up 73% of its $340M portfolio in Q3 2023.
• Berry Street Capital Management opened 19 new positions and closed 20 in Q3 2023.
• Berry Street Capital Management's portfolio value fell 37% quarter-over-quarter to $340M.

Based on Berry Street Capital Management's 13F filing for Q3 2023, filed 13 Nov 2023.