We are live on
!
Find out more
XL
XN LP Portfolio holdings
AUM
$2.72B
1-Year Est. Return
46.67%
This Fund
S&P 500
This Quarter
Est. Return
+18.79%
1 Year Est. Return
+46.67%
3 Year Est. Return
+151.32%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$838M
AUM Growth
+$309M
(+58%)
Cap. Flow
+$219M
Cap. Flow
% of AUM
26.16%
Top 10 Holdings %
Top 10 Hldgs %
84.8%
Holding
18
New
6
Increased
3
Reduced
7
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$69.3M |
| 2 |
Applied Materials
AMAT
|
+$66M |
| 3 |
Vulcan Materials
VMC
|
+$57.2M |
| 4 |
EDR
Endeavor Group Holdings, Inc.
EDR
|
+$54.8M |
| 5 |
GE Aerospace
GE
|
+$44M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$39.9M |
| 2 |
Wabtec
WAB
|
+$29.2M |
| 3 |
TransDigm Group
TDG
|
+$13.3M |
| 4 |
Microsoft
MSFT
|
+$12.9M |
| 5 |
Elastic
ESTC
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 31.47% |
| 2 | Technology | 28.06% |
| 3 | Communication Services | 24.54% |
| 4 | Materials | 6.59% |
| 5 | Consumer Discretionary | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Wabtec
WAB
$49.1B
| $127M | 15.13% |
1,255,357
-286,226
| -19% | -$29.2M |
|
|
2
TransDigm Group
TDG
$70.2B
| $86.8M | 10.35% |
117,748
-18,575
| -14% | -$13.3M |
|
|
3
Salesforce
CRM
$151B
| $81.9M | 9.77% |
+410,141
| New | +$69.3M |
|
|
4
Applied Materials
AMAT
$403B
| $70.6M | 8.42% |
+574,919
| New | +$66M |
|
5
Comcast
CMCSA
$85B
| $68.7M | 8.2% |
1,812,583
+63,606
| +4% | +$2.4M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.36T
| $66.9M | 7.98% |
642,975
-412,792
| -39% | -$39.9M |
|
|
EDR
7
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $58.8M | 7.01% |
+2,457,399
| New | +$54.8M |
|
|
8
Vulcan Materials
VMC
$34.8B
| $55.2M | 6.59% |
+321,974
| New | +$57.2M |
|
|
9
GE Aerospace
GE
$374B
| $50.2M | 5.99% |
+657,868
| New | +$44M |
|
10
Amazon
AMZN
$2.92T
| $44.9M | 5.36% |
434,928
+58,262
| +15% | +$5.63M |
|
11
Procore
PCOR
$8.26B
| $43.6M | 5.2% |
696,299
-51,402
| -7% | -$3.01M |
|
12
Visa
V
$684B
| $28.4M | 3.39% |
125,966
+100,500
| +395% | +$22.4M |
|
13
Uber
UBER
$143B
| $21.3M | 2.54% |
671,395
-36,485
| -5% | -$1.16M |
|
|
14
Elastic
ESTC
$6.84B
| $15.7M | 1.87% |
270,827
-183,651
| -40% | -$10.5M |
|
15
Netflix
NFLX
$299B
| $11.3M | 1.35% |
+327,300
| New | +$10.8M |
|
16
Caesars Entertainment
CZR
$6.06B
| $4.95M | 0.59% |
101,488
| – | – |
|
|
17
Microsoft
MSFT
$3.45T
| $2.15M | 0.26% |
7,461
-50,724
| -87% | -$12.9M |
|
18
Burlington
BURL
$23.2B
| – | – |
-16,137
| Closed | -$3.27M |
|
Similar funds
MASUI
PA
CA
TAM
NCM
FNF
GC
LMIM
XN LP's Q1 2023 Portfolio in Review
As of Q1 2023, XN LP held 18 positions worth $838M, up 58% from $529M the previous quarter. Its ten largest holdings account for 85% of the portfolio.
XN LP deployed $219M of net new capital in Q1 2023, opening 6 new positions and adding to 3 existing holdings. Its largest new stake was Salesforce: 410,141 shares worth $81.9M.
By sector, the portfolio is most concentrated in Industrials at 31% of assets, down from 45% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class C, an estimated $39.9M trimmed.
- XN LP's largest Q1 2023 buy was Salesforce: 410,141 shares worth $81.9M.
- XN LP added most to Visa in Q1 2023, an estimated $22.4M increase.
- XN LP's biggest Q1 2023 reduction was Alphabet (Google) Class C, cutting an estimated $39.9M.
- XN LP fully exited Burlington in Q1 2023, selling an estimated $3.27M.
- XN LP's ten largest holdings make up 85% of its $838M portfolio in Q1 2023.
- XN LP opened 6 new positions and closed 1 in Q1 2023.
- XN LP's portfolio value rose 58% quarter-over-quarter to $838M.
Based on XN LP's 13F filing for Q1 2023, filed 15 May 2023.