Antipodean Advisors 13F annual report
Antipodean Advisors is an investment fund managing more than $39.1 million ran by Eric Chen. There are currently 7 companies in Mr. Chen’s portfolio. The largest investments include Sea Ltd and Carvana Co, together worth $26.8 million.
$39.1 million Assets Under Management (AUM)
As of 7th November 2022, Antipodean Advisors’s top holding is 350,000 shares of Sea Ltd currently worth over $19.6 million and making up 50.2% of the portfolio value.
Relative to the number of outstanding shares of Sea Ltd, Antipodean Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 355,000 shares of Carvana Co worth $7.21 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Cardlytics Inc worth $5.08 million and the next is Atara Biotherapeutics Inc worth $3.78 million, with 1,000,000 shares owned.
Currently, Antipodean Advisors's portfolio is worth at least $39.1 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 Antipodean Advisors
The Antipodean Advisors office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eric Chen serves as the Managing Member at Antipodean Advisors.
Recent trades
In the most recent 13F filing, Antipodean Advisors revealed that it had opened a new position in
VanEck ETF Trust and bought 10,000 shares worth $241 thousand.
On the other hand, Eric Chen disclosed a decreased stake in Carvana Co by 0.1%.
This leaves the value of the investment at $7.21 million and 355,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Antipodean Advisors are Sl Advisors and Seaport Global Asset Management. They manage $39.1 million and $39 million respectively.
Eric Chen investment strategy
Antipodean Advisors’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Communication Services — making up 50.2% of
the total portfolio value.
The fund focuses on investments in the Singapore as
14.3% of the portfolio companies
are based in the Singapore.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
29% of the total holdings value.
On the other hand, large-cap stocks make up 14.3% of the portfolio.
The average market cap of the portfolio companies is close to $5 billion.
The complete list of Antipodean Advisors 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 |
|---|---|---|---|
| Sea Ltd |
No change
350,000
|
$19,618,000 | 50.20% |
| Carvana Co. |
12.35%
355,000
|
$7,207,000 | 18.44% |
| Cardlytics Inc |
15.40%
540,400
|
$5,080,000 | 13.00% |
| Atara Biotherapeutics Inc |
No change
1,000,000
|
$3,780,000 | 9.67% |
| Caremax Inc |
No change
425,000
|
$3,013,000 | 7.71% |
| VanEck ETF Trust |
Opened
10,000
|
$241,000 | 0.62% |
| VanEck ETF Trust |
50.00%
25,000
|
$141,000 | 0.36% |
| No transactions found | |||
| Showing first 500 out of 7 holdings | |||
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