Rockshelter Capital Management 13F annual report

Rockshelter Capital Management is an investment fund managing more than $224 million ran by David Fallgren. There are currently 42 companies in Mr. Fallgren’s portfolio. The largest investments include Berkshire Hathaway Inc. Clas and Alphabet, together worth $43 million.

Limited to 30 biggest holdings

$224 million Assets Under Management (AUM)

As of 7th October 2020, Rockshelter Capital Management’s top holding is 142,755 shares of Berkshire Hathaway Inc. Clas currently worth over $25.5 million and making up 11.4% of the portfolio value. In addition, the fund holds 12,423 shares of Alphabet worth $17.6 million, whose value grew 23.8% in the past six months. The third-largest holding is Alphabet worth $17.2 million and the next is Facebook worth $17.2 million, with 75,579 shares owned.

Currently, Rockshelter Capital Management's portfolio is worth at least $224 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Rockshelter Capital Management

The Rockshelter Capital Management office and employees reside in Canonsburg, Pennsylvania. According to the last 13-F report filed with the SEC, David Fallgren serves as the CHIEF COMPLIANCE OFFICER at Rockshelter Capital Management.

Recent trades

In the most recent 13F filing, Rockshelter Capital Management revealed that it had opened a new position in Allegiant Travel Co and bought 19,257 shares worth $2.1 million. This means they effectively own approximately 0.1% of the company. Allegiant Travel Co makes up 51.8% of the fund's Industrials sector allocation and has decreased its share price by 14.9% in the past year.

The investment fund also strengthened its position in Berkshire Hathaway Inc. Clas by buying 9,153 additional shares. This makes their stake in Berkshire Hathaway Inc. Clas total 142,755 shares worth $25.5 million.

On the other hand, there are companies that Rockshelter Capital Management is getting rid of from its portfolio. Rockshelter Capital Management closed its position in Lowe's Companies, Inc. on 6th August 2020. It sold the previously owned 23,120 shares for $1.99 million. David Fallgren also disclosed a decreased stake in Alphabet by 0.2%. This leaves the value of the investment at $17.6 million and 12,423 shares.

One of the smaller hedge funds

The two most similar investment funds to Rockshelter Capital Management are Hall Laurie J Trustee and Beach Point Capital Management L.P.. They manage $224 million and $224 million respectively.

David Fallgren investment strategy

Rockshelter Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 27.1% of the total portfolio value. The fund focuses on investments in the United States as 61.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 52% of the total holdings value. On the other hand, small-cap stocks make up only 2.4% of the portfolio. The average market cap of the portfolio companies is close to $250 billion.

The complete list of Rockshelter Capital Management trades based on 13F SEC filings

These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Berkshire Hathaway Inc. Clas	6.85% 142,755	$25,483,000	11.40%
Alphabet, Inc.	18.59% 12,423	$17,561,000	7.85%
Alphabet, Inc.	0.70% 12,134	$17,207,000	7.69%
Facebook, Inc.	5.85% 75,579	$17,162,000	7.67%
Jp Morgan Chase & Co.	10.74% 146,152	$13,747,000	6.15%
Liberty Broadband-a	1.50% 89,829	$10,976,000	4.91%
Bank of America Corporation	30.07% 361,031	$8,574,000	3.83%
Apple, Inc.	9.53% 23,222	$8,471,000	3.79%
Market Vectors Gold Miners E	3.51% 195,011	$7,153,000	3.20%
MMA Capital Holdings, Inc.	No change 304,712	$7,045,000	3.15%
The Walt Disney Co.	0.87% 60,134	$6,706,000	3.00%
Citigroup, Inc.	0.87% 128,739	$6,579,000	2.94%
Ss & C Technologies Holdings I	32.85% 113,285	$6,398,000	2.86%
Zillow Group, Inc.	0.79% 105,556	$6,081,000	2.72%
Uber Technologies, Inc.	15.52% 193,344	$6,009,000	2.69%
Liberty Media Sirius A	14.77% 157,453	$5,435,000	2.43%
General Motors Co.	14.92% 193,856	$4,905,000	2.19%
Comcast Corp Class A	0.85% 107,898	$4,218,000	1.89%
Kinross Gold Corp.	0.84% 508,330	$3,670,000	1.64%
Ishares Russell 2000 Index E	33.41% 24,042	$3,442,000	1.54%
T-Mobile US, Inc.	67.67% 32,529	$3,388,000	1.52%
Eagle Materials, Inc.	9.58% 47,825	$3,358,000	1.50%
NVR, Inc.	0.62% 962	$3,135,000	1.40%
Us Bancorp	0.18% 74,209	$2,732,000	1.22%
Microsoft Corp.	8.15% 12,322	$2,508,000	1.12%
Moody's Corp.	59.55% 7,874	$2,163,000	0.97%
Allegiant Travel Co.	Opened 19,257	$2,103,000	0.94%
The PNC Financial Services Group, Inc.	Opened 19,765	$2,079,000	0.93%
Charter Communications, Inc.	46.54% 4,070	$2,076,000	0.93%
Lowe's Companies, Inc.	Closed 23,120	$1,989,000
CarMax, Inc.	Opened 20,412	$1,828,000	0.82%
DISH Network Corp.	17.35% 52,793	$1,822,000	0.81%
Liberty Latin America-class	Opened 150,093	$1,417,000	0.63%
Fox Corporation - Class A	9.47% 43,268	$1,160,000	0.52%
Spirit Airlines, Inc.	44.70% 63,214	$1,125,000	0.50%
Newmont Corp.	1.85% 18,060	$1,115,000	0.50%
Kinder Morgan, Inc.	53.10% 68,456	$1,038,000	0.46%
Spirit AeroSystems Holdings, Inc.	Opened 34,831	$834,000	0.37%
Barrick Gold Corp.	0.10% 28,868	$778,000	0.35%
MRC Global, Inc.	Opened 112,590	$665,000	0.30%
Delta Airlines, Inc.	63.42% 23,288	$653,000	0.29%
Fox Corporation - Class B	12.13% 20,635	$554,000	0.25%
Marvell Technology Group Ltd.	Opened 7,550	$265,000	0.12%
No transactions found
Showing first 500 out of 43 holdings