We are live on
!
Find out more
DKCM
Davidson Kempner Capital Management Portfolio holdings
AUM
$7.33B
1-Year Est. Return
56.47%
This Fund
S&P 500
This Quarter
Est. Return
+11.08%
1 Year Est. Return
+56.47%
3 Year Est. Return
+139.87%
5 Year Est. Return
+217.47%
10 Year Est. Return
+1,125.15%
AUM
$6.57B
AUM Growth
-$1.05B
(-14%)
Cap. Flow
-$3.01B
Cap. Flow
% of AUM
-45.81%
Top 10 Holdings %
Top 10 Hldgs %
46.63%
Holding
332
New
51
Increased
19
Reduced
28
Closed
86
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$894M |
| 2 |
HES
Hess
HES
|
+$295M |
| 3 |
X
US Steel
X
|
+$230M |
| 4 |
WRK
WestRock Company
WRK
|
+$175M |
| 5 |
SPLK
Splunk Inc
SPLK
|
+$81.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$1.37B |
| 2 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$522M |
| 3 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$356M |
| 4 |
VMW
VMware, Inc
VMW
|
+$131M |
| 5 |
ABCM
Abcam PLC
ABCM
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 18.03% |
| 2 | Consumer Discretionary | 13.72% |
| 3 | Materials | 7.58% |
| 4 | Technology | 6.14% |
| 5 | Consumer Staples | 5.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Wayfair
W
$14.6B
| $6.17M | 0.09% |
100,000
-150,000
| -60% | -$7.84M |
|
|
MSC
77
Studio City International Holdings
MSC
$349M
| $5.96M | 0.09% |
920,150
| – | – |
|
|
BHR
78
Braemar Hotels & Resorts
BHR
$142M
| $5.75M | 0.09% |
2,300,700
| – | – |
|
79
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $5.48M | 0.08% |
+40,000
| New | +$5.63M |
|
80
Cardlytics
CDLX
$21.5M
| $5.07M | 0.08% |
55,000
+31,468
| +134% | +$3.2M |
|
|
DOCU
81
DocuSign
DOCU
$11.5B
| $5.05M | 0.08% |
+85,000
| New | +$3.9M |
|
82
Etsy
ETSY
$7.85B
| $4.99M | 0.08% |
+61,525
| New | +$4.4M |
|
83
FedEx
FDX
$75.4B
| $4.68M | 0.07% |
+18,500
| New | +$4.7M |
|
84
Emerson Electric
EMR
$88.3B
| $4.38M | 0.07% |
+45,000
| New | +$4.12M |
|
85
Carlisle Companies
CSL
$15.4B
| $4.06M | 0.06% |
+13,000
| New | +$3.58M |
|
86
Invesco Solar ETF
TAN
$1.49B
| $4M | 0.06% |
+75,000
| New | +$3.51M |
|
87
MGM Resorts International
MGM
$11.2B
| $3.86M | 0.06% |
86,432
-33,568
| -28% | -$1.32M |
|
88
Birkenstock
BIRK
$7.07B
| $3.83M | 0.06% |
+78,500
| New | +$3.4M |
|
89
Vertiv
VRT
$105B
| $3.6M | 0.05% |
+75,000
| New | +$3.19M |
|
90
Masco
MAS
$15.3B
| $3.35M | 0.05% |
+50,000
| New | +$2.9M |
|
91
AerCap
AER
$23.8B
| $3.34M | 0.05% |
45,000
+5,000
| +13% | +$330K |
|
92
Hubbell
HUBB
$27.2B
| $3.29M | 0.05% |
+10,000
| New | +$3.01M |
|
|
WCC
93
WESCO International
WCC
$17.7B
| $3.13M | 0.05% |
+18,000
| New | +$2.7M |
|
94
GXO Logistics
GXO
$5.55B
| $3.06M | 0.05% |
+50,000
| New | +$2.8M |
|
95
Middleby
MIDD
$6.08B
| $2.94M | 0.04% |
+20,000
| New | +$2.54M |
|
|
SEE
96
DELISTED
Sealed Air
SEE
| $2.74M | 0.04% |
+75,000
| New | +$2.46M |
|
|
EDR
97
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $2.68M | 0.04% |
+112,740
| New | +$2.54M |
|
98
Gulfport Energy Corp
GPOR
$2.88B
| $2.66M | 0.04% |
+20,000
| New | +$2.57M |
|
99
DuPont de Nemours
DD
$19.2B
| $2.31M | 0.04% |
+23,900
| New | +$2.17M |
|
|
VNET
100
VNET Group
VNET
$2.09B
| $2.01M | 0.03% |
699,989
| – | – |
|
Similar funds
KWM
GJL
GLF
DS
FPP
UB
JF
YAM
Davidson Kempner Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Davidson Kempner Capital Management held 332 positions worth $6.57B, down 14% from $7.62B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Davidson Kempner Capital Management withdrew a net $3.01B in Q4 2023, closing 86 positions and reducing 28 holdings. Its most notable exit was Activision Blizzard, an estimated $1.37B position sold in full.
By sector, the portfolio is most concentrated in Energy at 18% of assets, up from 0.8% a quarter earlier, followed by Consumer Discretionary and Materials.
Against the trend, Davidson Kempner Capital Management opened a new position in Pioneer Natural Resource Co. worth $858M.
- Davidson Kempner Capital Management's largest Q4 2023 buy was Pioneer Natural Resource Co.: 3,816,229 shares worth $858M.
- Davidson Kempner Capital Management added most to US Steel in Q4 2023, an estimated $230M increase.
- Davidson Kempner Capital Management's biggest Q4 2023 reduction was Linde, cutting an estimated $97.6M.
- Davidson Kempner Capital Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.37B.
- Davidson Kempner Capital Management's ten largest holdings make up 47% of its $6.57B portfolio in Q4 2023.
- Davidson Kempner Capital Management opened 51 new positions and closed 86 in Q4 2023.
- Davidson Kempner Capital Management's portfolio value fell 14% quarter-over-quarter to $6.57B.
Based on Davidson Kempner Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.