We are live on ! Find out more
GL

Governors Lane Portfolio holdings

AUM $1.56B
1-Year Est. Return 30.42%
This Fund
S&P 500
This Quarter Est. Return
+0.35%
1 Year Est. Return
+30.42%
3 Year Est. Return
+140.68%
5 Year Est. Return
+205.89%
10 Year Est. Return
+1,160.61%
AUM
$627M
AUM Growth
-$99.9M
Cap. Flow
-$94.2M
Cap. Flow %
-15.02%
Top 10 Hldgs %
45.22%
Holding
77
New
22
Increased
9
Reduced
12
Closed
30

Top Buys

Rank Stock Value
1
ATVI
Activision Blizzard
ATVI
+$34.7M
2
BALL icon
Ball Corp
BALL
+$24.1M
3
SGEN
Seagen Inc. Common Stock
SGEN
+$22.9M
4
HCA icon
HCA Healthcare
HCA
+$16M
5
D icon
Dominion Energy
D
+$15.8M

Top Sells

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$19M
2
LRCX icon
Lam Research
LRCX
+$15.1M
3
WDAY icon
Workday
WDAY
+$13.5M
4
HLT icon
Hilton Worldwide
HLT
+$12.8M
5
PTC icon
PTC
PTC
+$12.4M

Sector Composition

Rank Sector Weight
1 Healthcare 23.68%
2 Technology 20.32%
3 Consumer Discretionary 9.06%
4 Financials 6.6%
5 Real Estate 5.28%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TMUS icon
26
T-Mobile US
TMUS
$195B
$10.1M 1.61%
+72,000
New +$9.97M
ABCM
27
DELISTED
Abcam PLC
ABCM
$9.79M 1.56%
432,400
+327,800
+313% +$7.54M
SPY icon
28
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$771B
$9.62M 1.53%
22,500
-134,500
-86% -$59.8M
WAL icon
29
Western Alliance Bancorporation
WAL
$8.81B
$8.99M 1.43%
+195,500
New +$9.23M
SIX
30
DELISTED
Six Flags Entertainment Corp.
SIX
$7.2M 1.15%
306,300
-54,500
-15% -$1.29M
TSM icon
31
CALL
TSMC
TSM
$1.94T
$7.17M 1.14%
+82,500
New +$7.8M
PTC icon
32
PTC
PTC
$15.3B
$7.09M 1.13%
50,071
-86,536
-63% -$12.4M
CZR icon
33
Caesars Entertainment
CZR
$6.06B
$5.53M 0.88%
+119,300
New +$6.34M
GHIX
34
DELISTED
Gores Holdings IX, Inc. Class A Common Stock
GHIX
$5.2M 0.83%
500,000
– –
CLF icon
35
CALL
Cleveland-Cliffs
CLF
$6.49B
$5.16M 0.82%
+330,000
New +$5.15M
X
36
DELISTED
US Steel
X
$4.99M 0.8%
+153,700
New +$4.31M
CTLT
37
DELISTED
CATALENT, INC.
CTLT
$4.96M 0.79%
109,000
+50,500
+86% +$2.36M
RTX icon
38
RTX Corp
RTX
$290B
$4.67M 0.74%
+64,900
New +$5.56M
ACI icon
39
Albertsons Companies
ACI
$5.91B
$4.66M 0.74%
+204,900
New +$4.57M
JLL icon
40
Jones Lang LaSalle
JLL
$15.8B
$4.49M 0.72%
+31,800
New +$5.19M
SPR
41
CALL
DELISTED
Spirit AeroSystems
SPR
$3.15M 0.5%
+195,000
New +$4.49M
MANU icon
42
Manchester United
MANU
$4.03B
$2.43M 0.39%
122,570
-40,400
-25% -$879K
RXT icon
43
PUT
Rackspace Technology
RXT
$960M
$887K 0.14%
377,500
-1,187,500
-76% -$2.69M
OABIW icon
44
OmniAb Inc Warrant
OABIW
$10.2M
$523K 0.08%
499,900
-100
-0% -$106
AMD icon
45
PUT
Advanced Micro Devices
AMD
$700B
– –
-38,000
Closed -$4.33M
AMZN icon
46
CALL
Amazon
AMZN
$2.44T
– –
-152,500
Closed -$19.9M
BABA icon
47
CALL
Alibaba
BABA
$276B
– –
-100,000
Closed -$8.34M
EMR icon
48
CALL
Emerson Electric
EMR
$81.6B
– –
-410,000
Closed -$37.1M
EQR icon
49
Equity Residential
EQR
$25.8B
– –
-187,200
Closed -$12.3M
EW icon
50
PUT
Edwards Lifesciences
EW
$49.4B
– –
-117,500
Closed -$11.1M
1
2
3

Similar funds

FCM
Fernbridge Capital Management Los Angeles, California $1.56B AUM 12.38% 1-Year Est. Return
1WM
1900 Wealth Management San Antonio, Texas $1.56B AUM 14.13% 1-Year Est. Return
APF
Alaska Permanent Fund Juneau, Alaska $1.57B AUM 15.23% 1-Year Est. Return
FDCP
Foster Dykema Cabot & Partners Waltham, Massachusetts $1.57B AUM 20.41% 1-Year Est. Return
TNBTD
Trustmark National Bank Trust Department Jackson, Mississippi $1.56B AUM 16.53% 1-Year Est. Return
VWM
Valley Wealth Managers Paramus, New Jersey $1.55B AUM 28.47% 1-Year Est. Return
MSA
MUFG Securities Americas New York $1.55B AUM 28.4% 1-Year Est. Return
BGCP
Bristol Gate Capital Partners Toronto, Ontario, Canada $1.55B AUM 12.75% 1-Year Est. Return

Governors Lane's Q3 2023 Portfolio in Review

As of Q3 2023, Governors Lane held 77 positions worth $627M, down 14% from $727M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Governors Lane withdrew a net $94.2M in Q3 2023, closing 30 positions and reducing 12 holdings. Its most notable exit was Lam Research, an estimated $15.1M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 12% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Governors Lane opened a new position in Activision Blizzard worth $35.6M.

  • Governors Lane's largest Q3 2023 buy was Activision Blizzard: 380,300 shares worth $35.6M.
  • Governors Lane added most to Philip Morris in Q3 2023, an estimated $13.4M increase.
  • Governors Lane's biggest Q3 2023 reduction was UnitedHealth, cutting an estimated $19M.
  • Governors Lane fully exited Lam Research in Q3 2023, selling an estimated $15.1M.
  • Governors Lane's ten largest holdings make up 45% of its $627M portfolio in Q3 2023.
  • Governors Lane opened 22 new positions and closed 30 in Q3 2023.
  • Governors Lane's portfolio value fell 14% quarter-over-quarter to $627M.

Based on Governors Lane's 13F filing for Q3 2023, filed 14 Nov 2023.