Elemental Capital Partners 13F annual report

Elemental Capital Partners is an investment fund managing more than $67.8 million ran by Scott Gottlieb. There are currently 7 companies in Mr. Gottlieb’s portfolio. The largest investments include Bloom Corp and Credo Technology Group Holdi, together worth $34.9 million.

$67.8 million Assets Under Management (AUM)

As of 7th November 2022, Elemental Capital Partners’s top holding is 1,318,005 shares of Bloom Corp currently worth over $26.3 million and making up 38.8% of the portfolio value. Relative to the number of outstanding shares of Bloom Corp, Elemental Capital Partners owns more than approximately 0.1% of the company. In addition, the fund holds 781,853 shares of Credo Technology Group Holdi worth $8.6 million. The third-largest holding is Indie Semiconductor Inc worth $8.39 million and the next is Akoustis Technologies Inc worth $7.42 million, with 2,499,243 shares owned.

Currently, Elemental Capital Partners's portfolio is worth at least $67.8 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 Elemental Capital Partners

The Elemental Capital Partners office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Scott Gottlieb serves as the Consultant at Elemental Capital Partners.

Recent trades

In the most recent 13F filing, Elemental Capital Partners revealed that it had opened a new position in Credo Technology Group Holdi and bought 781,853 shares worth $8.6 million.

The investment fund also strengthened its position in Indie Semiconductor Inc by buying 91,463 additional shares. This makes their stake in Indie Semiconductor Inc total 1,146,146 shares worth $8.39 million.

On the other hand, there are companies that Elemental Capital Partners is getting rid of from its portfolio. Elemental Capital Partners closed its position in Digital Turbine Inc on 14th November 2022. It sold the previously owned 616,144 shares for $10.8 million. Scott Gottlieb also disclosed a decreased stake in Bloom Corp by approximately 0.1%. This leaves the value of the investment at $26.3 million and 1,318,005 shares.

One of the smallest hedge funds

The two most similar investment funds to Elemental Capital Partners are Bnp Paribas Securities Corp and 1620 Investment Advisors, Inc. They manage $67.8 million and $67.8 million respectively.

Scott Gottlieb investment strategy

Elemental Capital Partners’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Utilities — making up 38.8% of the total portfolio value. The fund focuses on investments in the United States as 71.4% 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 43% 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 $20.4 billion.

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

These positions were updated on November 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
Bloom Energy Corp	0.68% 1,318,005	$26,347,000	38.85%
Digital Turbine Inc	Closed 616,144	$10,764,000
Credo Technology Group Holdi	Opened 781,853	$8,600,000	12.68%
Indie Semiconductor Inc	8.67% 1,146,146	$8,390,000	12.37%
Akoustis Technologies Inc	1.22% 2,499,243	$7,423,000	10.95%
Lam Research Corp.	0.64% 18,610	$6,811,000	10.04%
Teradyne, Inc.	0.58% 70,080	$5,267,000	7.77%
Western Digital Corp.	52.45% 153,060	$4,982,000	7.35%
No transactions found
Showing first 500 out of 8 holdings