Nehal Chopra Ratan Capital Management
Nehal Chopra is the founder of Ratan Capital Management, a concentrated investment firm whose public portfolio is followed for high-conviction equity ideas. The firm’s filings often show a focused set of positions rather than a broad index-like book. Investors track Ratan as an example of a smaller, research-driven manager with differentiated stock selection.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
System1
SST
|
+$28.3M |
| 2 |
WPF
Foley Trasimene Acquisition Corp.
WPF
|
+$27.7M |
| 3 |
CHPM
CHP Merger Corp. Class A Common Stock
CHPM
|
+$24.1M |
| 4 |
iShares Gold Trust
IAU
|
+$19.1M |
| 5 |
Lucid Motors
LCID
|
+$14.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TREB.U
Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one
TREB.U
|
+$7.84M |
| 2 |
CPAAU
Conyers Park II Acquisition Corp. Unit
CPAAU
|
+$7.27M |
| 3 |
LVOX
LiveVox Holding, Inc. Class A Common Stock
LVOX
|
+$5.08M |
| 4 |
Mastercard
MA
|
+$3.25M |
| 5 |
Viavi Solutions
VIAV
|
+$2.42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.45% |
| 2 | Industrials | 19.32% |
| 3 | Healthcare | 11.59% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 9.39% |
Similar funds
Nehal Chopra's Q3 2020 Portfolio in Review
As of Q3 2020, Nehal Chopra held 114 positions worth $678M, up 127% from $299M the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Nehal Chopra deployed $329M of net new capital in Q3 2020, opening 72 new positions and adding to 7 existing holdings. Its largest new stake was System1: 278,350 shares worth $28.3M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 51% a quarter earlier, followed by Industrials and Healthcare.
On the sell side, the largest reduction was Mastercard, an estimated $3.25M trimmed.
- Nehal Chopra's largest Q3 2020 buy was System1: 278,350 shares worth $28.3M.
- Nehal Chopra added most to Meta Platforms (Facebook) in Q3 2020, an estimated $8.25M increase.
- Nehal Chopra's biggest Q3 2020 reduction was Mastercard, cutting an estimated $3.25M.
- Nehal Chopra fully exited Trebia Acquisition Corp. Units, each consisting of one Class A Ordinary Share, and one-third of one in Q3 2020, selling an estimated $7.84M.
- Nehal Chopra's ten largest holdings make up 34% of its $678M portfolio in Q3 2020.
- Nehal Chopra opened 72 new positions and closed 9 in Q3 2020.
- Nehal Chopra's portfolio value rose 127% quarter-over-quarter to $678M.
Based on Ratan Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.