Alta Fox Capital Management 13F annual report

Alta Fox Capital Management is an investment fund managing more than $131 billion ran by Robert Zell. There are currently 12 companies in Mr. Zell’s portfolio. The largest investments include FirstCash Inc and Daktronics, together worth $50.5 billion.

$131 billion Assets Under Management (AUM)

As of 8th May 2024, Alta Fox Capital Management’s top holding is 280,945 shares of FirstCash Inc currently worth over $35.8 billion and making up 27.4% of the portfolio value. Relative to the number of outstanding shares of FirstCash Inc, Alta Fox Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,468,557 shares of Daktronics worth $14.6 billion, whose value grew 4.9% in the past six months. The third-largest holding is Alphabet Inc worth $11.7 billion and the next is Waste Connections Inc worth $11.4 billion, with 66,515 shares owned.

Currently, Alta Fox Capital Management's portfolio is worth at least $131 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 Alta Fox Capital Management

The Alta Fox Capital Management office and employees reside in Fort Worth, Texas. According to the last 13-F report filed with the SEC, Robert Zell serves as the Chief Operating Officer, Chief Compliance Officer at Alta Fox Capital Management.

Recent trades

In the most recent 13F filing, Alta Fox Capital Management revealed that it had opened a new position in FirstCash Inc and bought 280,945 shares worth $35.8 billion. This means they effectively own approximately 0.1% of the company. FirstCash Inc makes up 85.1% of the fund's Finance sector allocation and has grown its share price by 13.2% in the past year.

The investment fund also strengthened its position in Alphabet Inc by buying 52,200 additional shares. This makes their stake in Alphabet Inc total 77,400 shares worth $11.7 billion. Alphabet Inc soared 47.0% in the past year.

On the other hand, there are companies that Alta Fox Capital Management is getting rid of from its portfolio. Alta Fox Capital Management closed its position in Pathward Inc on 15th May 2024. It sold the previously owned 185,303 shares for $8.54 billion. Robert Zell also disclosed a decreased stake in Daktronics by 0.1%. This leaves the value of the investment at $14.6 billion and 1,468,557 shares.

One of the smallest hedge funds

The two most similar investment funds to Alta Fox Capital Management are Gould Capital and Apricus Wealth. They manage $131 billion and $131 billion respectively.

Robert Zell investment strategy

Alta Fox Capital Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Finance — making up 32.2% of the total portfolio value. The fund focuses on investments in the United States as 75.0% 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 50% 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 $356 billion.

The complete list of Alta Fox Capital Management trades based on 13F SEC filings

These positions were updated on May 15th 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
FirstCash Holdings Inc	Opened 280,945	$35,831,725,000	27.39%
Daktronics Inc.	12.73% 1,468,557	$14,626,828,000	11.18%
Alphabet Inc	207.14% 77,400	$11,681,982,000	8.93%
Waste Connections Inc	28.91% 66,515	$11,441,245,000	8.75%
IDT Corp.	Opened 249,741	$9,442,707,000	7.22%
Amazon.com Inc.	3.18% 51,852	$9,353,064,000	7.15%
Willscot Mobil Mini Hldng Co	18.91% 190,500	$8,858,250,000	6.77%
Pathward Financial Inc	Closed 185,303	$8,540,615,000
REV Group Inc	Opened 285,084	$6,297,506,000	4.81%
Mastercard Incorporated	209.52% 13,000	$6,260,410,000	4.79%
Microsoft Corporation	34.82% 14,600	$6,142,512,000	4.70%
Hilton Worldwide Holdings Inc	53.81% 25,922	$5,529,422,000	4.23%
Marriott Intl Inc New	48.79% 21,200	$5,348,972,000	4.09%
Gxo Logistics Incorporated	Closed 79,599	$4,668,481,000
Dole plc	Closed 399,249	$4,623,303,000
Kkr Co Inc	Closed 56,460	$3,477,936,000
Chubb Limited	Closed 16,700	$3,476,606,000
MYT Netherlands Parent B.V.	Closed 510,132	$1,734,449,000
Grindr Inc	Closed 202,038	$1,161,719,000
No transactions found
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