Point Break Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caesars Entertainment
CZR
|
+$79.3M |
| 2 |
T-Mobile US
TMUS
|
+$9.52M |
| 3 |
Alibaba
BABA
|
+$1.37M |
| 4 |
Roblox
RBLX
|
+$1.3M |
| 5 |
Robinhood
HOOD
|
+$889K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Expanded Tech Sector ETF
IGM
|
+$8.46M |
| 2 |
Shopify
SHOP
|
+$4.35M |
| 3 |
On Holding
ONON
|
+$4.19M |
| 4 |
LEAP.U
Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
|
+$3.84M |
| 5 |
CrowdStrike
CRWD
|
+$3.68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 79.03% |
| 2 | Communication Services | 1.14% |
| 3 | Financials | 0.29% |
| 4 | Technology | 0.2% |
| 5 | Energy | 0.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Scorpio Tankers
STNG
$3.9B
| – | – |
-43,700
| Closed | -$560K |
|
27
Twilio
TWLO
$30B
| – | – |
-8,765
| Closed | -$2.31M |
|
28
State Street SPDR S&P Biotech ETF
XBI
$9.95B
| – | – |
-9,000
| Closed | -$1.01M |
|
|
XYZ
29
Block Inc
XYZ
$48.4B
| – | – |
-9,809
| Closed | -$1.58M |
|
|
HEAL
30
Global X Funds Global X HealthTech ETF
HEAL
$28.5M
| – | – |
-18,900
| Closed | -$938K |
|
|
LEAP.U
31
DELISTED
Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
| – | – |
-386,288
| Closed | -$3.84M |
|
Similar funds
Point Break Capital Management's Q1 2022 Portfolio in Review
As of Q1 2022, Point Break Capital Management held 31 positions worth $1.14B, down 49% from $2.23B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Point Break Capital Management withdrew a net $917M in Q1 2022, closing 17 positions and reducing 5 holdings. Its most notable exit was iShares Expanded Tech Sector ETF, an estimated $8.46M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 79% of assets, up from 46% a quarter earlier, followed by Communication Services and Financials.
Against the trend, Point Break Capital Management opened a new position in T-Mobile US worth $10.3M.
- Point Break Capital Management's largest Q1 2022 buy was T-Mobile US: 79,940 shares worth $10.3M.
- Point Break Capital Management added most to Caesars Entertainment in Q1 2022, an estimated $79.3M increase.
- Point Break Capital Management's biggest Q1 2022 reduction was On Holding, cutting an estimated $4.19M.
- Point Break Capital Management fully exited iShares Expanded Tech Sector ETF in Q1 2022, selling an estimated $8.46M.
- Point Break Capital Management's ten largest holdings make up 100% of its $1.14B portfolio in Q1 2022.
- Point Break Capital Management opened 5 new positions and closed 17 in Q1 2022.
- Point Break Capital Management's portfolio value fell 49% quarter-over-quarter to $1.14B.
Based on Point Break Capital Management's 13F filing for Q1 2022, filed 13 May 2022.