King Street Capital Management, L.P. 13F annual report
King Street Capital Management, L.P. is an investment fund managing more than $37.6 billion ran by Bennett Kaufman. There are currently 3 companies in Mr. Kaufman’s portfolio. The largest investments include Aveanna Healthcare Hldgs and Ardagh Metal Packaging S A, together worth $32.5 billion.
$37.6 billion Assets Under Management (AUM)
As of 7th August 2024, King Street Capital Management, L.P.’s top holding is 6,400,000 shares of Aveanna Healthcare Hldgs currently worth over $17.7 billion and making up 47.0% of the portfolio value.
In addition, the fund holds 4,350,000 shares of Ardagh Metal Packaging S A worth $14.8 billion.
The third-largest holding is Altice USA Inc worth $5.1 billion.
Currently, King Street Capital Management, L.P.'s portfolio is worth at least $37.6 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 King Street Capital Management, L.P.
The King Street Capital Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Bennett Kaufman serves as the Chief Financial Officer at King Street Capital Management, L.P..
Recent trades
In the most recent 13F filing, King Street Capital Management, L.P. revealed that it had opened a new position in
Ardagh Metal Packaging S A and bought 4,350,000 shares worth $14.8 billion.
On the other hand, there are companies that King Street Capital Management, L.P. is getting rid of from its portfolio.
King Street Capital Management, L.P. closed its position in Avalonbay Cmntys Inc on 14th August 2024.
It sold the previously owned 120,000 shares for $22.3 billion.
One of the smallest hedge funds
The two most similar investment funds to King Street Capital Management, L.P. are Great West Life Assurance Co can/ and Joule. They manage $37.6 billion and $37.3 billion respectively.
Bennett Kaufman investment strategy
King Street Capital Management, L.P.’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Communication Services — making up 13.6% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
approximately 0.1% 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 $1.8 billion.
The complete list of King Street Capital Management, L.P. trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Avalonbay Cmntys Inc |
Closed
120,000
|
$22,267,200,000 | |
| Aveanna Healthcare Hldgs |
No change
6,400,000
|
$17,664,000,000 | 47.04% |
| Ardagh Metal Packaging S A |
Opened
4,350,000
|
$14,790,000,000 | 39.38% |
| Equity Residential |
Closed
135,000
|
$8,519,850,000 | |
| Altice USA Inc |
Opened
2,500,000
|
$5,100,000,000 | 13.58% |
| No transactions found | |||
| Showing first 500 out of 5 holdings | |||
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