Provenire Capital 13F annual report

Provenire Capital is an investment fund managing more than $24 million ran by Anthony Daffer. There are currently 43 companies in Mr. Daffer’s portfolio. The largest investments include Facebook Inc and Adobe Systems Incorporated, together worth $2.79 million.

Limited to 30 biggest holdings

$24 million Assets Under Management (AUM)

As of 10th May 2021, Provenire Capital’s top holding is 5,301 shares of Facebook Inc currently worth over $1.56 million and making up 6.5% of the portfolio value. Relative to the number of outstanding shares of Facebook Inc, Provenire Capital owns more than approximately 0.1% of the company. In addition, the fund holds 2,591 shares of Adobe Systems Incorporated worth $1.23 million. The third-largest holding is Ceridian Hcm Hldg Inc worth $1.04 million and the next is Microsoft worth $1.03 million, with 4,383 shares owned.

Currently, Provenire Capital's portfolio is worth at least $24 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 Provenire Capital

The Provenire Capital office and employees reside in Eden Prairie, Minnesota. According to the last 13-F report filed with the SEC, Anthony Daffer serves as the Managing Partner, Chief Compliance Officer at Provenire Capital.

Recent trades

In the most recent 13F filing, Provenire Capital revealed that it had opened a new position in Ceridian Hcm Hldg Inc and bought 12,386 shares worth $1.04 million.

The investment fund also strengthened its position in Twilio Inc by buying 378 additional shares. This makes their stake in Twilio Inc total 1,136 shares worth $387 thousand. Twilio Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Provenire Capital is getting rid of from its portfolio. Provenire Capital closed its position in DocuSign Inc on 17th May 2021. It sold the previously owned 8,248 shares for $1.83 million. Anthony Daffer also disclosed a decreased stake in Facebook Inc by 0.6%. This leaves the value of the investment at $1.56 million and 5,301 shares.

One of the smallest hedge funds

The two most similar investment funds to Provenire Capital are Csu Producer Resources and Black Horse Capital Management. They manage $24 million and $24.1 million respectively.


Anthony Daffer investment strategy

Provenire Capital’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 63.6% of the total portfolio value. The fund focuses on investments in the United States as 72.1% 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 37% 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 $161 billion.

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

These positions were updated on May 17th 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
DocuSign Inc
Closed
8,248
$1,834,000
Silicon Laboratories Inc
Closed
12,340
$1,571,000
Facebook Inc
56.69%
5,301
$1,561,000 6.50%
Adobe Systems Incorporated
61.70%
2,591
$1,232,000 5.13%
Ceridian Hcm Hldg Inc
Opened
12,386
$1,044,000 4.34%
Microsoft Corporation
74.10%
4,383
$1,033,000 4.30%
Uber Technologies Inc
Opened
18,776
$1,023,000 4.26%
Liveperson Inc
70.04%
17,481
$922,000 3.84%
NICE Ltd
49.44%
4,133
$901,000 3.75%
Alphabet Inc
68.02%
426
$879,000 3.66%
Amazon.com Inc.
Closed
259
$844,000
Paycom Software Inc
66.56%
2,241
$829,000 3.45%
Macom Tech Solutions Hldgs I
50.61%
13,941
$809,000 3.37%
ServiceNow Inc
74.82%
1,570
$785,000 3.27%
Chegg Inc
Closed
8,631
$780,000
Five9 Inc
Closed
4,390
$766,000
Match Group Inc.
Opened
5,300
$728,000 3.03%
Wns Hldgs Ltd
Closed
9,687
$698,000
Blackbaud Inc
Opened
9,494
$675,000 2.81%
Accolade, Inc.
36.22%
14,662
$665,000 2.77%
Visa Inc
66.54%
3,058
$647,000 2.69%
IAC InterActiveCorp.
66.80%
2,930
$634,000 2.64%
Q2 Holdings Inc
63.97%
6,171
$618,000 2.57%
Synaptics Inc
Opened
4,358
$590,000 2.45%
Snap Inc
Opened
10,657
$557,000 2.32%
Zillow Group Inc
46.51%
3,859
$507,000 2.11%
Fiverr Intl Ltd
Opened
2,300
$500,000 2.08%
Vonage Hldgs Corp
57.81%
41,640
$492,000 2.05%
Avaya Hldgs Corp
Opened
17,220
$483,000 2.01%
Ii-Vi Inc.
Opened
6,632
$453,000 1.88%
Angi Inc
Opened
34,443
$448,000 1.86%
Plantronics, Inc.
Opened
10,901
$424,000 1.76%
Audiocodes
Opened
15,024
$405,000 1.69%
Twilio Inc
49.87%
1,136
$387,000 1.61%
Super Micro Computer Inc
Opened
9,709
$379,000 1.58%
Adtran Inc.
Opened
21,734
$363,000 1.51%
Faro Technologies Inc.
90.13%
4,003
$347,000 1.44%
Zynga Inc
Closed
33,947
$335,000
Monolithic Pwr Sys Inc
Opened
883
$312,000 1.30%
Euronet Worldwide Inc
Opened
2,045
$283,000 1.18%
Fiserv, Inc.
84.97%
2,260
$269,000 1.12%
Analog Devices Inc.
89.46%
1,659
$257,000 1.07%
Listed Fd Tr
Opened
8,200
$252,000 1.05%
Splunk Inc
Opened
1,784
$242,000 1.01%
RingCentral Inc.
Closed
633
$240,000
Shift4 Pmts Inc
Opened
2,900
$238,000 0.99%
Axcelis Technologies Inc
87.60%
5,703
$234,000 0.97%
Upwork Inc
Opened
4,606
$206,000 0.86%
Pegasystems Inc.
94.30%
1,746
$200,000 0.83%
Ftac Olympus Acquisition Cor
Opened
14,300
$151,000 0.63%
LiveXLive Media Inc
Opened
15,872
$69,000 0.29%
No transactions found
Showing first 500 out of 51 holdings