We are live on
!
Find out more
LC
L1 Capital Portfolio holdings
AUM
$2.97B
1-Year Est. Return
43.46%
This Fund
S&P 500
This Quarter
Est. Return
+44.31%
1 Year Est. Return
+43.46%
3 Year Est. Return
+126.51%
5 Year Est. Return
+187.16%
10 Year Est. Return
–
AUM
$536M
AUM Growth
+$224M
(+72%)
Cap. Flow
+$123M
Cap. Flow
% of AUM
23.01%
Top 10 Holdings %
Top 10 Hldgs %
88.74%
Holding
18
New
5
Increased
4
Reduced
5
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lyft
LYFT
|
+$49.2M |
| 2 |
Wells Fargo
WFC
|
+$47.7M |
| 3 |
Canadian Natural Resources
CNQ
|
+$30.4M |
| 4 |
Teck Resources
TECK
|
+$21.5M |
| 5 |
Palo Alto Networks
PANW
|
+$19.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Empire State Realty Trust
ESRT
|
+$38.1M |
| 2 |
Elastic
ESTC
|
+$12.3M |
| 3 |
Warrior Met Coal
HCC
|
+$6.66M |
| 4 |
Arrowhead Research
ARWR
|
+$4.22M |
| 5 |
EVRI
Everi Holdings
EVRI
|
+$4.08M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 24.2% |
| 2 | Energy | 18.98% |
| 3 | Technology | 17.36% |
| 4 | Consumer Discretionary | 16.96% |
| 5 | Financials | 11.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Teck Resources
TECK
$31.3B
| $92.3M | 17.23% |
5,007,264
+1,392,715
| +39% | +$21.5M |
|
|
2
Lyft
LYFT
$6.48B
| $68.1M | 12.7% |
+1,352,041
| New | +$49.2M |
|
3
Cenovus Energy
CVE
$56.4B
| $65.7M | 12.25% |
10,693,842
+1,223,361
| +13% | +$5.71M |
|
|
4
Wells Fargo
WFC
$266B
| $54.8M | 10.23% |
+1,841,775
| New | +$47.7M |
|
|
BBBY
5
DELISTED
Bed Bath & Beyond Inc
BBBY
| $52.5M | 9.8% |
2,814,449
+18,360
| +0.7% | +$381K |
|
|
6
Warrior Met Coal
HCC
$4.98B
| $37.3M | 6.96% |
1,765,809
-378,862
| -18% | -$6.66M |
|
|
7
Canadian Natural Resources
CNQ
$98.1B
| $36M | 6.73% |
+3,025,511
| New | +$30.4M |
|
|
8
Palo Alto Networks
PANW
$323B
| $24.9M | 4.66% |
+420,696
| New | +$19.7M |
|
|
9
Arrowhead Research
ARWR
$12.3B
| $23.1M | 4.32% |
298,687
-65,949
| -18% | -$4.22M |
|
|
DESP
10
DELISTED
Despegar.com
DESP
| $20.7M | 3.87% |
1,653,496
-24,137
| -1% | -$232K |
|
11
CarGurus
CARG
$3.29B
| $17.7M | 3.3% |
+545,820
| New | +$13.5M |
|
|
CNCE
12
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $14.6M | 2.72% |
1,149,120
+98,996
| +9% | +$1.13M |
|
13
Madrigal Pharmaceuticals
MDGL
$12.4B
| $12.6M | 2.35% |
113,464
-1,197
| -1% | -$146K |
|
|
IVA
14
Inventiva
IVA
$1.09B
| $8.56M | 1.6% |
620,000
| – | – |
|
|
FINV
15
FinVolution Group
FINV
$1.07B
| $6.94M | 1.29% |
2,678,053
-33,814
| -1% | -$72.1K |
|
|
16
Empire State Realty Trust
ESRT
$817M
| – | – |
-6,231,137
| Closed | -$38.1M |
|
|
17
Elastic
ESTC
$8.94B
| – | – |
-114,006
| Closed | -$12.3M |
|
|
EVRI
18
DELISTED
Everi Holdings
EVRI
| – | – |
-494,545
| Closed | -$4.08M |
|
Similar funds
PHAM
B
NC
DIG
PCM
BGDI
VGM
CSIC
L1 Capital's Q4 2020 Portfolio in Review
As of Q4 2020, L1 Capital held 18 positions worth $536M, up 72% from $312M the previous quarter. Its ten largest holdings account for 89% of the portfolio.
L1 Capital deployed $123M of net new capital in Q4 2020, opening 5 new positions and adding to 4 existing holdings. Its largest new stake was Lyft: 1,352,041 shares worth $68.1M.
By sector, the portfolio is most concentrated in Materials at 24% of assets, down from 33% a quarter earlier, followed by Energy and Technology.
On the sell side, the largest reduction was Warrior Met Coal, an estimated $6.66M trimmed.
- L1 Capital's largest Q4 2020 buy was Lyft: 1,352,041 shares worth $68.1M.
- L1 Capital added most to Teck Resources in Q4 2020, an estimated $21.5M increase.
- L1 Capital's biggest Q4 2020 reduction was Warrior Met Coal, cutting an estimated $6.66M.
- L1 Capital fully exited Empire State Realty Trust in Q4 2020, selling an estimated $38.1M.
- L1 Capital's ten largest holdings make up 89% of its $536M portfolio in Q4 2020.
- L1 Capital opened 5 new positions and closed 3 in Q4 2020.
- L1 Capital's portfolio value rose 72% quarter-over-quarter to $536M.
Based on L1 Capital's 13F filing for Q4 2020, filed 16 Feb 2021.