Appian Way Asset Management L.P. 13F annual report

Appian Way Asset Management L.P. is an investment fund managing more than $389 billion ran by Mark Weiner. There are currently 38 companies in Mr. Weiner’s portfolio. The largest investments include Sealed Air and Spirit Aerosystems Inc, together worth $86.9 billion.

Limited to 30 biggest holdings

$389 billion Assets Under Management (AUM)

As of 7th August 2024, Appian Way Asset Management L.P.’s top holding is 1,349,857 shares of Sealed Air currently worth over $47 billion and making up 12.1% of the portfolio value. Relative to the number of outstanding shares of Sealed Air, Appian Way Asset Management L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 1,215,961 shares of Spirit Aerosystems Inc worth $40 billion, whose value grew 14.8% in the past six months. The third-largest holding is Parsons Corp worth $32.3 billion and the next is Sigma Lithium Corporation worth $31.3 billion, with 2,604,136 shares owned.

Currently, Appian Way Asset Management L.P.'s portfolio is worth at least $389 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 Appian Way Asset Management L.P.

The Appian Way Asset Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Mark Weiner serves as the Chief Compliance Officer at Appian Way Asset Management L.P..

Recent trades

In the most recent 13F filing, Appian Way Asset Management L.P. revealed that it had opened a new position in Spirit Aerosystems Inc and bought 1,215,961 shares worth $40 billion. This means they effectively own approximately 0.1% of the company. Spirit Aerosystems Inc makes up 30.2% of the fund's Industrials sector allocation and has grown its share price by 45.3% in the past year.

The investment fund also strengthened its position in Sealed Air by buying 546,701 additional shares. This makes their stake in Sealed Air total 1,349,857 shares worth $47 billion. Sealed Air dropped 12.8% in the past year.

On the other hand, there are companies that Appian Way Asset Management L.P. is getting rid of from its portfolio. Appian Way Asset Management L.P. closed its position in Nutrien Ltd on 14th August 2024. It sold the previously owned 484,884 shares for $26.3 billion. Mark Weiner also disclosed a decreased stake in Dycom Inds Inc by 0.1%. This leaves the value of the investment at $29.1 billion and 172,344 shares.

One of the smaller hedge funds

The two most similar investment funds to Appian Way Asset Management L.P. are First Pacific and Harbor. They manage $389 billion and $390 billion respectively.

Mark Weiner investment strategy

Appian Way Asset Management L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Industrials — making up 34.0% of the total portfolio value. The fund focuses on investments in the United States as 57.9% 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 34% 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 $25.9 billion.

The complete list of Appian Way Asset 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
Sealed Air Corp.	68.07% 1,349,857	$46,961,525,000	12.06%
Spirit Aerosystems Holdings Inc	Opened 1,215,961	$39,968,638,000	10.27%
Parsons Corp	649.89% 394,855	$32,303,088,000	8.30%
Sigma Lithium Corporation	14.71% 2,604,136	$31,327,756,000	8.05%
Dycom Inds Inc	12.68% 172,344	$29,084,773,000	7.47%
Purecycle Technologies Inc	29.83% 4,823,742	$28,556,553,000	7.34%
Nutrien Ltd	Closed 484,884	$26,334,050,000
Knight-swift Transn Hldgs In	Opened 396,764	$19,806,459,000	5.09%
Mastec Inc.	21.13% 155,874	$16,676,959,000	4.28%
CSX Corp.	12.39% 490,062	$16,392,574,000	4.21%
Cal-Maine Foods, Inc.	Closed 222,871	$13,115,958,000
Hormel Foods Corp.	Opened 387,373	$11,811,003,000	3.03%
United Airls Hldgs Inc	1.05% 236,552	$11,510,620,000	2.96%
L3Harris Technologies Inc	4.60% 47,703	$10,713,140,000	2.75%
Mosaic Co New	Opened 354,371	$10,241,322,000	2.63%
ATI Inc	5.58% 162,782	$9,026,262,000	2.32%
Archer Daniels Midland Co.	Closed 139,806	$8,781,215,000
Carlisle Cos Inc	Closed 22,022	$8,629,321,000
Ball Corp.	139.99% 136,312	$8,181,446,000	2.10%
Chemours Company	Closed 288,462	$7,575,012,000
Westlake Corporation	70.33% 48,840	$7,073,009,000	1.82%
Louisiana Pac Corp	Closed 66,800	$5,605,188,000
Alaska Air Group Inc.	116.58% 133,018	$5,373,927,000	1.38%
Embraer S.A.	Opened 205,026	$5,289,671,000	1.36%
Air Prods & Chems Inc	Opened 20,131	$5,194,805,000	1.33%
Vertiv Holdings Co	Closed 60,400	$4,932,868,000
International Paper Co.	123.16% 111,623	$4,816,532,000	1.24%
Builders Firstsource Inc	Opened 27,600	$3,820,116,000	0.98%
Primoris Svcs Corp	Opened 72,064	$3,595,273,000	0.92%
Axalta Coating Sys Ltd	Opened 96,783	$3,307,075,000	0.85%
International Flavors&fragra	Opened 31,400	$2,989,594,000	0.77%
DuPont de Nemours Inc	Opened 37,000	$2,978,130,000	0.76%
Azek Co Inc	Opened 67,600	$2,847,988,000	0.73%
Deere & Co.	Opened 7,000	$2,615,410,000	0.67%
Pilgrims Pride Corp	Closed 73,718	$2,530,002,000
Tenaris S.A.	Opened 80,878	$2,468,397,000	0.63%
NexGen Energy Ltd	Opened 322,943	$2,254,142,000	0.58%
Entegris Inc	Closed 13,900	$1,953,506,000
Ferroglobe Plc	75.96% 350,000	$1,876,000,000	0.48%
Copa Holdings Sa	84.31% 19,168	$1,824,410,000	0.47%
DarioHealth Corp	3.13% 1,375,880	$1,637,297,000	0.42%
AGCO Corp.	Opened 16,700	$1,634,596,000	0.42%
West Fraser Timber Co Ltd	Closed 14,114	$1,219,873,000
Crown Holdings, Inc.	Opened 14,916	$1,109,601,000	0.29%
Darling Ingredients Inc	Opened 29,674	$1,090,520,000	0.28%
Advanced Micro Devices Inc.	Closed 5,900	$1,064,891,000
Enphase Energy Inc	Opened 10,100	$1,007,071,000	0.26%
Otis Worldwide Corporation	Opened 10,300	$991,478,000	0.25%
Honeywell International Inc	Opened 4,500	$960,930,000	0.25%
Mobileye Global Inc	Closed 17,892	$575,228,000
No transactions found
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