We are live on ! Find out more
EM

Eric Mandelblatt Soroban Capital Partners

AUM $47.8B
1-Year Est. Return 11.8%
 

Eric Mandelblatt is the founder of Soroban Capital Partners, a fundamental long/short equity firm. Soroban is known for research-intensive positions and a flexible approach across sectors. Mandelblatt’s public portfolio is followed among large fundamental hedge fund managers.

This Fund
S&P 500
This Quarter Est. Return
+18.28%
1 Year Est. Return
+11.8%
3 Year Est. Return
+67.01%
5 Year Est. Return
+109.29%
10 Year Est. Return
+430.8%
AUM
$7.81B
AUM Growth
+$2.36B
Cap. Flow
+$1.39B
Cap. Flow %
17.8%
Top 10 Hldgs %
80.5%
Holding
27
New
8
Increased
2
Reduced
6
Closed
6

Top Buys

Rank Stock Value
1
RTX icon
RTX Corp
RTX
+$771M
2
CMCSA icon
Comcast
CMCSA
+$385M
3
BABA icon
Alibaba
BABA
+$200M
4
HLT icon
Hilton Worldwide
HLT
+$117M
5
MAR icon
Marriott International
MAR
+$116M

Top Sells

Rank Stock Value
1
UNP icon
Union Pacific
UNP
+$268M
2
CSX icon
CSX Corp
CSX
+$247M
3
LHX icon
L3Harris
LHX
+$233M
4
QSR icon
Restaurant Brands International
QSR
+$208M
5
NOC icon
Northrop Grumman
NOC
+$188M

Sector Composition

Rank Sector Weight
1 Industrials 30.48%
2 Consumer Discretionary 22.25%
3 Communication Services 21.02%
4 Technology 8.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
QSR icon
26
Restaurant Brands International
QSR
$28.2B
– –
-5,205,211
Closed -$208M
RTN
27
CALL
DELISTED
Raytheon Company
RTN
– –
-500,000
Closed -$65.6M
1
2

Similar funds

Aristotle Capital Management
Aristotle Capital Management Los Angeles, California $47.7B AUM 13.92% 1-Year Est. Return
PEAK6
PEAK6 Chicago, Illinois $48.6B AUM 40.56% 1-Year Est. Return
Coatue Management
Coatue Management New York $48.6B AUM 94.27% 1-Year Est. Return
VCMC
VY Capital Management Company Dubai, United Arab Emirates $47B AUM
EP
Evelyn Partners London $46.9B AUM
Nomura Asset Management
Nomura Asset Management Tokyo, Japan $46.7B AUM 50.59% 1-Year Est. Return
MML Investors Services
MML Investors Services Springfield, Massachusetts $49B AUM 25.55% 1-Year Est. Return
Credit Agricole
Credit Agricole Montrouge Cedex, France $49.3B AUM 36.45% 1-Year Est. Return

Eric Mandelblatt's Q2 2020 Portfolio in Review

As of Q2 2020, Eric Mandelblatt held 27 positions worth $7.81B, up 43% from $5.45B the previous quarter. Its ten largest holdings account for 80% of the portfolio.

Eric Mandelblatt deployed $1.39B of net new capital in Q2 2020, opening 8 new positions and adding to 2 existing holdings. Its largest new stake was RTX Corp: 12,356,480 shares worth $761M.

By sector, the portfolio is most concentrated in Industrials at 30% of assets, down from 44% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was Union Pacific, an estimated $268M trimmed.

  • Eric Mandelblatt's largest Q2 2020 buy was RTX Corp: 12,356,480 shares worth $761M.
  • Eric Mandelblatt added most to Alibaba in Q2 2020, an estimated $200M increase.
  • Eric Mandelblatt's biggest Q2 2020 reduction was Union Pacific, cutting an estimated $268M.
  • Eric Mandelblatt fully exited L3Harris in Q2 2020, selling an estimated $233M.
  • Eric Mandelblatt's ten largest holdings make up 80% of its $7.81B portfolio in Q2 2020.
  • Eric Mandelblatt opened 8 new positions and closed 6 in Q2 2020.
  • Eric Mandelblatt's portfolio value rose 43% quarter-over-quarter to $7.81B.

Based on Soroban Capital Partners's 13F filing for Q2 2020, filed 14 Aug 2020.