Tencore Partners, L.P. 13F annual report
Tencore Partners, L.P. is an investment fund managing more than $260 billion ran by Christian Naus. There are currently 13 companies in Mr. Naus’s portfolio. The largest investments include Microsoft and Meta Platforms Inc, together worth $101 billion.
$260 billion Assets Under Management (AUM)
As of 7th August 2024, Tencore Partners, L.P.’s top holding is 130,271 shares of Microsoft currently worth over $58.2 billion and making up 22.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Tencore Partners, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 85,232 shares of Meta Platforms Inc worth $43 billion, whose value grew 11.7% in the past six months.
The third-largest holding is Alphabet Inc worth $32.2 billion and the next is Monday Com Ltd worth $27.7 billion, with 115,214 shares owned.
Currently, Tencore Partners, L.P.'s portfolio is worth at least $260 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 Tencore Partners, L.P.
The Tencore Partners, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Christian Naus serves as the Chief Financial Officer and Chief Compliance Officer at Tencore Partners, L.P..
Recent trades
In the most recent 13F filing, Tencore Partners, L.P. revealed that it had opened a new position in
Palo Alto Networks Inc and bought 1,036 shares worth $351 million.
This means they effectively own approximately 0.1% of the company.
Palo Alto Networks Inc makes up
0.2%
of the fund's Technology sector allocation and has grown its share price by 51.9% in the past year.
The investment fund also strengthened its position in Salesforce Inc by buying
2,220 additional shares.
This makes their stake in Salesforce Inc total 105,554 shares worth $27.1 billion.
Salesforce Inc soared 20.1% in the past year.
On the other hand, there are companies that Tencore Partners, L.P. is getting rid of from its portfolio.
Tencore Partners, L.P. closed its position in Taiwan Semiconductor-sp Adr on 14th August 2024.
It sold the previously owned 40,920 shares for $5.57 billion.
Christian Naus also disclosed a decreased stake in Microsoft by 0.2%.
This leaves the value of the investment at $58.2 billion and 130,271 shares.
One of the smaller hedge funds
The two most similar investment funds to Tencore Partners, L.P. are Caden Capital Partners, L.P. and Nine Ten Capital Management. They manage $260 billion and $260 billion respectively.
Christian Naus investment strategy
Tencore Partners, L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 65.3% of
the total portfolio value.
The fund focuses on investments in the United States as
69.2% 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
85% 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 $411 billion.
The complete list of Tencore Partners, 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 |
|---|---|---|---|
| Microsoft Corporation |
16.08%
130,271
|
$58,224,623,000 | 22.41% |
| Meta Platforms Inc |
27.96%
85,232
|
$42,975,679,000 | 16.54% |
| Alphabet Inc |
37.13%
176,821
|
$32,207,945,000 | 12.39% |
| Monday Com Ltd |
10.90%
115,214
|
$27,738,923,000 | 10.68% |
| Salesforce Inc |
2.15%
105,554
|
$27,137,933,000 | 10.44% |
| Workday Inc |
5.68%
83,336
|
$18,630,596,000 | 7.17% |
| DoorDash Inc |
7.45%
116,535
|
$12,676,677,000 | 4.88% |
| Amazon.com Inc. |
9.84%
65,493
|
$12,656,522,000 | 4.87% |
| HubSpot Inc |
55.12%
15,092
|
$8,901,111,000 | 3.43% |
| MercadoLibre Inc |
0.23%
4,814
|
$7,911,328,000 | 3.04% |
| Visa Inc |
9.91%
23,051
|
$6,050,196,000 | 2.33% |
| Taiwan Semiconductor-sp Adr |
Closed
40,920
|
$5,567,166,000 | |
| HDFC Bank Ltd. |
No change
68,170
|
$4,385,376,000 | 1.69% |
| Palo Alto Networks Inc |
Opened
1,036
|
$351,214,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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