Eric Mandelblatt Soroban Capital Partners
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teck Resources
TECK
|
+$303M |
| 2 |
Visa
V
|
+$284M |
| 3 |
Alcoa
AA
|
+$190M |
| 4 |
The Mosaic Company
MOS
|
+$168M |
| 5 |
EQT Corp
EQT
|
+$151M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$345M |
| 2 |
Meta Platforms (Facebook)
META
|
+$197M |
| 3 |
Union Pacific
UNP
|
+$188M |
| 4 |
Lowe's Companies
LOW
|
+$188M |
| 5 |
Planet Fitness
PLNT
|
+$161M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.51% |
| 2 | Industrials | 21.61% |
| 3 | Consumer Discretionary | 15.15% |
| 4 | Communication Services | 15.14% |
| 5 | Materials | 9.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HUGS
51
DELISTED
USHG Acquisition Corp.
HUGS
| $3.57M | 0.03% |
+343,842
| New | +$3.48M |
|
|
POND.WS
52
DELISTED
Angel Pond Holdings Corporation Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
POND.WS
| $51K | ﹤0.01% |
65,930
| – | – |
|
53
Rocket Lab Corp
RKLB
$46.4B
| – | – |
-1,750,000
| Closed | -$26.9M |
|
|
LICY
54
DELISTED
Li-Cycle Holdings Corp.
LICY
| – | – |
-187,500
| Closed | -$17.3M |
|
|
NSTB
55
DELISTED
Northern Star Investment Corp. II
NSTB
| – | – |
-3,960,000
| Closed | -$39.3M |
|
|
BKI
56
DELISTED
Black Knight, Inc. Common Stock
BKI
| – | – |
-309,536
| Closed | -$22.3M |
|
|
ML
57
DELISTED
MoneyLion Inc.
ML
| – | – |
-150,000
| Closed | -$28.3M |
|
|
TPBAU
58
DELISTED
TPB Acquisition Corporation I Unit
TPBAU
| – | – |
-873,250
| Closed | -$8.68M |
|
|
TWTR
59
DELISTED
Twitter, Inc.
TWTR
| – | – |
-5,704,718
| Closed | -$345M |
|
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Eric Mandelblatt's Q4 2021 Portfolio in Review
As of Q4 2021, Eric Mandelblatt held 59 positions worth $13.2B, up 24% from $10.7B the previous quarter. Its ten largest holdings account for 70% of the portfolio.
Eric Mandelblatt deployed $1.1B of net new capital in Q4 2021, opening 17 new positions and adding to 2 existing holdings. Its largest new stake was Teck Resources: 11,054,467 shares worth $319M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 27% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $197M trimmed.
- Eric Mandelblatt's largest Q4 2021 buy was Teck Resources: 11,054,467 shares worth $319M.
- Eric Mandelblatt added most to Visa in Q4 2021, an estimated $284M increase.
- Eric Mandelblatt's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $197M.
- Eric Mandelblatt fully exited Twitter, Inc. in Q4 2021, selling an estimated $345M.
- Eric Mandelblatt's ten largest holdings make up 70% of its $13.2B portfolio in Q4 2021.
- Eric Mandelblatt opened 17 new positions and closed 7 in Q4 2021.
- Eric Mandelblatt's portfolio value rose 24% quarter-over-quarter to $13.2B.
Based on Soroban Capital Partners's 13F filing for Q4 2021, filed 14 Feb 2022.