General Atlantic Portfolio holdings
General Atlantic is a growth equity firm that began in 1980 as the family office of entrepreneur and philanthropist Chuck Feeney. Feeney, a co-founder of Duty Free Shoppers, was its only investor for more than a decade before it began taking money from institutions, other families, endowments and foundations. It invests in growth companies across technology, consumer, financial services, healthcare and life sciences, and backed Royalty Pharma before its 2020 stock market debut.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
WUBA
58.com Inc
WUBA
|
+$54M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cboe Global Markets
CBOE
|
+$230M |
| 2 |
IHS Markit Ltd. Common Shares
INFO
|
+$120M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 65.64% |
| 2 | Industrials | 22.4% |
| 3 | Real Estate | 11.95% |
| 4 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $344M | 30.24% |
7,800,000
-2,700,000
| -26% | -$120M |
2014 Q2
12 quarters
|
|
|
WUBA
2
DELISTED
58.com Inc
WUBA
| $315M | 27.76% |
7,150,000
+1,310,000
| +22% | +$54M |
2016 Q4
2 quarters
|
|
|
EGL
3
DELISTED
Engility Holdings, Inc.
EGL
| $254M | 22.4% |
8,960,446
| – | – |
2015 Q1
9 quarters
|
|
|
SFUN
4
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $136M | 11.95% |
732,004
| – | – |
2016 Q2
4 quarters
|
|
5
Snap
SNAP
$9.08B
| $86.8M | 7.64% |
4,882,812
| – | – |
2017 Q1
1 quarter
|
|
|
6
Cboe Global Markets
CBOE
$39.2B
| – | – |
-2,837,126
| Closed | -$230M | – |
|
Similar funds
General Atlantic's Q2 2017 Portfolio in Review
As of Q2 2017, General Atlantic held 6 positions worth $1.14B, down 17% from $1.37B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
General Atlantic withdrew a net $296M in Q2 2017, closing 1 position and reducing 1 holding. Its most notable exit was Cboe Global Markets, an estimated $230M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 66% of assets, up from 55% a quarter earlier, followed by Industrials and Real Estate.
Against the trend, General Atlantic added an estimated $54M to 58.com Inc.
- General Atlantic added most to 58.com Inc in Q2 2017, an estimated $54M increase.
- General Atlantic's biggest Q2 2017 reduction was IHS Markit Ltd. Common Shares, cutting an estimated $120M.
- General Atlantic fully exited Cboe Global Markets in Q2 2017, selling an estimated $230M.
- General Atlantic's ten largest holdings make up 100% of its $1.14B portfolio in Q2 2017.
- General Atlantic opened 0 new positions and closed 1 in Q2 2017.
- General Atlantic's portfolio value fell 17% quarter-over-quarter to $1.14B.
Based on General Atlantic's 13F filing for Q2 2017, filed 11 Aug 2017.