Quaker Capital Investments 13F annual report
Quaker Capital Investments is an investment fund managing more than $304 billion ran by Mark Schoeppner. There are currently 15 companies in Mr. Schoeppner’s portfolio. The largest investments include EQT Corp and Uber Technologies Inc, together worth $102 billion.
$304 billion Assets Under Management (AUM)
As of 6th August 2024, Quaker Capital Investments’s top holding is 1,537,060 shares of EQT Corp currently worth over $56.8 billion and making up 18.7% of the portfolio value.
Relative to the number of outstanding shares of EQT Corp, Quaker Capital Investments owns more than approximately 0.1% of the company.
In addition, the fund holds 621,514 shares of Uber Technologies Inc worth $45.2 billion, whose value grew 0.4% in the past six months.
The third-largest holding is Liberty Latin America Ltd worth $52.3 billion and the next is EchoStar Corp worth $42.9 billion, with 2,410,817 shares owned.
Currently, Quaker Capital Investments's portfolio is worth at least $304 billion. 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 Quaker Capital Investments
The Quaker Capital Investments office and employees reside in Mount Lebanon, Pennsylvania. According to the last 13-F report filed with the SEC, Mark Schoeppner serves as the Managing Member at Quaker Capital Investments.
Recent trades
In the most recent 13F filing, Quaker Capital Investments revealed that it had opened a new position in
Coupang and bought 1,275,318 shares worth $26.7 billion.
This means they effectively own approximately 0.1% of the company.
Coupang makes up
100.0%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Liberty Latin America Ltd by buying
1,274,983 additional shares.
This makes their stake in Liberty Latin America Ltd total 5,440,117 shares worth $52.3 billion.
Liberty Latin America Ltd dropped approximately 0.1% in the past year.
On the other hand, there are companies that Quaker Capital Investments is getting rid of from its portfolio.
Quaker Capital Investments closed its position in Hertz Global on 13th August 2024.
It sold the previously owned 1,443,172 shares for $26.9 billion.
Mark Schoeppner also disclosed a decreased stake in EQT Corp by approximately 0.1%.
This leaves the value of the investment at $56.8 billion and 1,537,060 shares.
One of the smaller hedge funds
The two most similar investment funds to Quaker Capital Investments are Siena Capital Partners Gp and Redmond Asset Management. They manage $303 billion and $304 billion respectively.
Mark Schoeppner investment strategy
Quaker Capital Investments’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 35.7% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
60% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $189 billion.
The complete list of Quaker Capital Investments trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| EQT Corp |
7.34%
1,537,060
|
$56,840,479,000 | 18.73% |
| Uber Technologies Inc |
41.10%
621,514
|
$45,171,638,000 | 14.88% |
| Liberty Latin America Ltd |
30.61%
5,440,117
|
$52,325,885,000 | 17.24% |
| EchoStar Corp |
13.77%
2,410,817
|
$42,936,651,000 | 14.15% |
| Hertz Global Holdings Inc. |
Closed
1,443,172
|
$26,900,726,000 | |
| Coupang, Inc. |
Opened
1,275,318
|
$26,717,912,000 | 8.80% |
| Liberty Broadband Corp |
83.85%
484,294
|
$26,548,997,000 | 8.75% |
| Alphabet Inc |
No change
110,830
|
$20,328,439,000 | 6.70% |
| Kinross Gold Corp. |
Closed
3,160,216
|
$15,074,230,000 | |
| Ihs Holding Limited |
621.27%
2,834,926
|
$9,071,763,000 | 2.99% |
| WestRock Co |
Closed
249,002
|
$7,238,488,000 | |
| Aris Mng Corp |
Opened
1,146,338
|
$5,926,567,000 | 1.95% |
| Udemy Inc |
Opened
606,077
|
$5,230,445,000 | 1.72% |
| Walgreens Boots Alliance Inc |
Opened
425,000
|
$5,140,375,000 | 1.69% |
| Caesars Entertainment Inc Ne |
Opened
127,423
|
$5,063,790,000 | 1.67% |
| Citigroup Inc |
Closed
39,450
|
$1,816,278,000 | |
| Liberty Media Corp. |
Opened
60,000
|
$1,329,600,000 | 0.44% |
| Berkshire Hathaway Inc. |
No change
100
|
$612,240,000 | 0.20% |
| Baidu Inc |
Closed
4,000
|
$547,640,000 | |
| Energy Transfer L P |
Closed
40,000
|
$508,000,000 | |
| Foster L B Co |
Closed
25,000
|
$357,000,000 | |
| Agnico Eagle Mines Ltd |
Closed
7,104
|
$355,058,000 | |
| Warner Bros.Discovery Inc |
78.72%
35,030
|
$260,623,000 | 0.09% |
| Frontier Communications Pare |
Closed
9,775
|
$222,577,000 | |
| Berkshire Hathaway Inc. |
Closed
570
|
$194,370,000 | |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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