Avenir Management 13F annual report
Avenir Management is an investment fund managing more than $43.8 billion ran by Christopher Deluca. There are currently 4 companies in Mr. Deluca’s portfolio. The largest investments include Klaviyo Inc and Carvana Co, together worth $41.7 billion.
$43.8 billion Assets Under Management (AUM)
As of 7th November 2023, Avenir Management’s top holding is 963,390 shares of Klaviyo Inc currently worth over $33.2 billion and making up 75.9% of the portfolio value.
In addition, the fund holds 201,180 shares of Carvana Co worth $8.45 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Uber Technologies Inc worth $1.87 billion and the next is Finch Therapeutics Group Inc worth $236 million, with 45,650 shares owned.
Currently, Avenir Management's portfolio is worth at least $43.8 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 Avenir Management
The Avenir Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Christopher Deluca serves as the CHIEF COMPLIANCE OFFICER at Avenir Management.
Recent trades
In the most recent 13F filing, Avenir Management revealed that it had opened a new position in
Klaviyo Inc and bought 963,390 shares worth $33.2 billion.
On the other hand, there are companies that Avenir Management is getting rid of from its portfolio.
Avenir Management closed its position in Latch Inc on 14th November 2023.
It sold the previously owned 21,435,551 shares for $16.3 billion.
One of the smallest hedge funds
The two most similar investment funds to Avenir Management are Capitol Family Office and North Run Capital, L.P.. They manage $43.8 billion and $43.5 billion respectively.
Christopher Deluca investment strategy
Avenir Management’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
25% 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 $25.7 billion.
The complete list of Avenir Management 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 |
|---|---|---|---|
| Klaviyo Inc |
Opened
963,390
|
$33,236,955,000 | 75.91% |
| Latch Inc |
Closed
21,435,551
|
$16,333,890,000 | |
| Carvana Co. |
No change
201,180
|
$8,445,536,000 | 19.29% |
| Uber Technologies Inc |
No change
40,625
|
$1,868,344,000 | 4.27% |
| Finch Therapeutics Group Inc |
Closed
1,663,366
|
$653,703,000 | |
| Finch Therapeutics Group Inc |
Opened
45,650
|
$236,467,000 | 0.54% |
| No transactions found | |||
| Showing first 500 out of 6 holdings | |||
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