Thomas Steyer Farallon Capital Management
Thomas Steyer founded Farallon Capital Management, a pioneering multi-strategy firm spanning credit, equities, real estate, and event-driven investing. Farallon became known for rigorous research and opportunistic capital allocation across cycles. Although Steyer later focused on public advocacy, the Farallon name remains important in hedge fund history and ongoing 13F tracking.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ZNGA
ZYNGA INC. CL A COMMON
ZNGA
|
+$391M |
| 2 |
TransUnion
TRU
|
+$345M |
| 3 |
CERN
Cerner Corp
CERN
|
+$309M |
| 4 |
XYZ
Block Inc
XYZ
|
+$266M |
| 5 |
ATVI
Activision Blizzard
ATVI
|
+$261M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$561M |
| 2 |
BBL
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
|
+$406M |
| 3 |
RTX Corp
RTX
|
+$227M |
| 4 |
Charter Communications
CHTR
|
+$206M |
| 5 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 30.5% |
| 2 | Technology | 15.84% |
| 3 | Financials | 13.74% |
| 4 | Industrials | 11.78% |
| 5 | Communication Services | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.58B | 12.45% |
5,711,000
+2,510,000
| +78% | +$1.12B |
|
2
Thermo Fisher Scientific
TMO
$233B
| $723M | 3.49% |
1,223,859
+250,900
| +26% | +$144M |
|
3
IQVIA
IQV
$42.8B
| $721M | 3.48% |
3,117,582
+186,826
| +6% | +$44.2M |
|
4
Boston Scientific
BSX
$73B
| $697M | 3.36% |
15,740,257
-1,074,324
| -6% | -$46.6M |
|
|
5
TransUnion
TRU
$16.2B
| $640M | 3.09% |
6,188,496
+3,399,314
| +122% | +$345M |
|
6
Aramark
ARMK
$15.8B
| $620M | 2.99% |
22,824,520
-2,053,519
| -8% | -$53.5M |
|
7
Howmet Aerospace
HWM
$108B
| $490M | 2.36% |
13,626,353
-2,905,100
| -18% | -$99.1M |
|
8
Wabtec
WAB
$50.3B
| $472M | 2.28% |
4,907,930
-1,333,221
| -21% | -$123M |
|
9
Alphabet (Google) Class C
GOOG
$4.18T
| $469M | 2.26% |
3,356,140
-1,223,000
| -27% | -$166M |
|
10
Meta Platforms (Facebook)
META
$1.4T
| $459M | 2.22% |
2,064,740
+698,195
| +51% | +$174M |
|
|
ZNGA
11
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $411M | 1.98% |
+44,475,000
| New | +$391M |
|
12
Microsoft
MSFT
$3.59T
| $397M | 1.91% |
1,286,078
-75,200
| -6% | -$22.6M |
|
13
Mastercard
MA
$509B
| $385M | 1.86% |
1,076,589
-36,711
| -3% | -$13.2M |
|
14
Elevance Health
ELV
$86.9B
| $378M | 1.82% |
768,775
+13,715
| +2% | +$6.27M |
|
15
Salesforce
CRM
$171B
| $373M | 1.8% |
1,758,338
+644,700
| +58% | +$139M |
|
16
Blackstone
BX
$108B
| $371M | 1.79% |
2,923,451
+528,115
| +22% | +$64.4M |
|
17
Centene
CNC
$32.1B
| $341M | 1.65% |
4,052,344
-287,000
| -7% | -$23.5M |
|
18
New York Times
NYT
$10.6B
| $336M | 1.62% |
7,338,354
-997,904
| -12% | -$43.2M |
|
|
19
RTX Corp
RTX
$283B
| $335M | 1.62% |
3,385,484
-2,389,902
| -41% | -$227M |
|
20
Aon
AON
$75.3B
| $330M | 1.59% |
1,013,986
-179,500
| -15% | -$52.2M |
|
21
Adobe
ADBE
$109B
| $322M | 1.55% |
706,372
+330,372
| +88% | +$159M |
|
|
SJR
22
DELISTED
Shaw Communications Inc.
SJR
| $314M | 1.52% |
10,128,000
+2,660,200
| +36% | +$79.8M |
|
|
CERN
23
DELISTED
Cerner Corp
CERN
| $312M | 1.51% |
+3,339,955
| New | +$309M |
|
24
Sherwin-Williams
SHW
$84.1B
| $306M | 1.48% |
1,225,092
+274,024
| +29% | +$75.7M |
|
|
XYZ
25
Block Inc
XYZ
$49.4B
| $298M | 1.44% |
+2,196,000
| New | +$266M |
|
Similar funds
Thomas Steyer's Q1 2022 Portfolio in Review
As of Q1 2022, Thomas Steyer held 357 positions worth $20.7B, up 3.5% from $20B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Thomas Steyer deployed $853M of net new capital in Q1 2022, opening 50 new positions and adding to 42 existing holdings. Its largest new stake was ZYNGA INC. CL A COMMON: 44,475,000 shares worth $411M.
By sector, the portfolio is most concentrated in Healthcare at 31% of assets, down from 32% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was RTX Corp, an estimated $227M trimmed.
- Thomas Steyer's largest Q1 2022 buy was ZYNGA INC. CL A COMMON: 44,475,000 shares worth $411M.
- Thomas Steyer added most to TransUnion in Q1 2022, an estimated $345M increase.
- Thomas Steyer's biggest Q1 2022 reduction was RTX Corp, cutting an estimated $227M.
- Thomas Steyer fully exited Xilinx Inc in Q1 2022, selling an estimated $561M.
- Thomas Steyer's ten largest holdings make up 38% of its $20.7B portfolio in Q1 2022.
- Thomas Steyer opened 50 new positions and closed 37 in Q1 2022.
- Thomas Steyer's portfolio value rose 3.5% quarter-over-quarter to $20.7B.
Based on Farallon Capital Management's 13F filing for Q1 2022, filed 16 May 2022.