Raine Capital 13F annual report

Raine Capital is an investment fund managing more than $235 billion ran by Angela Risher. There are currently 5 companies in Mrs. Risher’s portfolio. The largest investments include Olo Inc and DraftKings, together worth $225 billion.

$235 billion Assets Under Management (AUM)

As of 8th May 2024, Raine Capital’s top holding is 32,220,439 shares of Olo Inc currently worth over $177 billion and making up 75.4% of the portfolio value. In addition, the fund holds 1,054,478 shares of DraftKings worth $47.9 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is The Beachbody Company Inc worth $7.19 billion and the next is Reddit Inc worth $1.53 billion, with 30,950 shares owned.

Currently, Raine Capital's portfolio is worth at least $235 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 Raine Capital

The Raine Capital office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Angela Risher serves as the Chief Compliance Officer at Raine Capital.

Recent trades

In the most recent 13F filing, Raine Capital revealed that it had opened a new position in The Beachbody Company Inc and bought 749,388 shares worth $7.19 billion.

On the other hand, there are companies that Raine Capital is getting rid of from its portfolio. Raine Capital closed its position in The Beachbody Company Inc on 15th May 2024. It sold the previously owned 37,469,446 shares for $45 million. Angela Risher also disclosed a decreased stake in Olo Inc by approximately 0.1%. This leaves the value of the investment at $177 billion and 32,220,439 shares.

One of the smallest hedge funds

The two most similar investment funds to Raine Capital are Gibraltar Capital Management and Doubleline Etf Adviser L.P.. They manage $235 billion and $235 billion respectively.

Angela Risher investment strategy

Raine Capital’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Miscellaneous — making up 20.4% of the total portfolio value. The fund focuses on investments in the United States as 20.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are small-cap stocks. Stocks with a size of more than $100 million in market cap make up 20% of the total holdings value. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $0.

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

These positions were updated on May 15th 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
Olo Inc	1.25% 32,220,439	$176,890,211,000	75.40%
DraftKings Inc.	90.60% 1,054,478	$47,883,846,000	20.41%
The Beachbody Company Inc	Opened 749,388	$7,194,126,000	3.07%
Reddit Inc	Opened 30,950	$1,526,454,000	0.65%
Genius Sports Limited	No change 196,721	$1,123,277,000	0.48%
The Beachbody Company Inc	Closed 37,469,446	$44,963,000
Frontier Communications Pare	Closed 525,000	$12,358,000
Charter Communications Inc N	Closed 26,000	$12,181,000
Liberty Global plc	Closed 500,000	$11,045,000
Dish Network Corporation	Closed 575,000	$10,309,000
Marvell Technology Inc	Closed 175,000	$7,617,000
Analog Devices Inc.	Closed 50,000	$7,304,000
Equinix Inc	Closed 5,000	$3,285,000
SBA Communications Corp	Closed 10,000	$3,200,000
Twilio Inc	Closed 30,000	$2,514,000
Cloudflare Inc	Closed 15,000	$656,000
No transactions found
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