Deepwater Asset Management 13F annual report

Deepwater Asset Management is an investment fund managing more than $275 billion ran by Andrew Murphy. There are currently 22 companies in Mr. Murphy’s portfolio. The largest investments include Shift4 Pmts Inc and Nu Hldgs Ltd, together worth $31 billion.

$275 billion Assets Under Management (AUM)

As of 6th August 2024, Deepwater Asset Management’s top holding is 211,429 shares of Shift4 Pmts Inc currently worth over $15.5 billion and making up 5.6% of the portfolio value. In addition, the fund holds 1,201,514 shares of Nu Hldgs Ltd worth $15.5 billion. The third-largest holding is Nutanix Inc worth $15.5 billion and the next is Arista Networks Inc worth $15.1 billion, with 43,039 shares owned.

Currently, Deepwater Asset Management's portfolio is worth at least $275 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 Deepwater Asset Management

The Deepwater Asset Management office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Andrew Murphy serves as the Partner at Deepwater Asset Management.

Recent trades

In the most recent 13F filing, Deepwater Asset Management revealed that it had opened a new position in Nutanix Inc and bought 272,298 shares worth $15.5 billion. This means they effectively own approximately 0.1% of the company. Nutanix Inc makes up 13.1% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Shift4 Pmts Inc by buying 144,697 additional shares. This makes their stake in Shift4 Pmts Inc total 211,429 shares worth $15.5 billion.

On the other hand, there are companies that Deepwater Asset Management is getting rid of from its portfolio. Deepwater Asset Management closed its position in Crowdstrike Inc on 13th August 2024. It sold the previously owned 86,238 shares for $12.7 billion. Andrew Murphy also disclosed a decreased stake in Nu Hldgs Ltd by 0.3%. This leaves the value of the investment at $15.5 billion and 1,201,514 shares.

One of the smaller hedge funds

The two most similar investment funds to Deepwater Asset Management are Rwq Management Services and Zimmermann Investment Management & Planning. They manage $275 billion and $275 billion respectively.

Andrew Murphy investment strategy

Deepwater Asset Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Technology — making up 42.8% of the total portfolio value. The fund focuses on investments in the United States as 54.5% 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 45% 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 $159 billion.

The complete list of Deepwater Asset Management trades based on 13F SEC filings

These positions were updated on August 13th 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
Shift4 Pmts Inc	216.83% 211,429	$15,508,317,000	5.63%
Nu Hldgs Ltd	27.33% 1,201,514	$15,487,515,000	5.63%
Nutanix Inc	Opened 272,298	$15,480,141,000	5.62%
Arista Networks Inc	Opened 43,039	$15,084,309,000	5.48%
Meta Platforms Inc	31.65% 29,802	$15,026,764,000	5.46%
Taiwan Semiconductor Mfg Ltd	Opened 84,922	$14,760,293,000	5.36%
MercadoLibre Inc	Opened 8,815	$14,486,571,000	5.26%
Acv Auctions Inc	25.08% 776,099	$14,163,807,000	5.14%
Vertiv Holdings Co	Opened 162,651	$14,080,697,000	5.11%
Onto Innovation Inc.	Opened 64,073	$14,067,868,000	5.11%
Block Inc	11.14% 217,916	$14,053,403,000	5.10%
Coupang, Inc.	11.32% 664,920	$13,930,074,000	5.06%
Broadcom Inc	Opened 8,666	$13,913,523,000	5.05%
Freshpet Inc	41.67% 105,677	$13,673,547,000	4.97%
Micron Technology Inc.	Opened 103,304	$13,587,575,000	4.94%
Alphabet Inc	14.36% 82,912	$15,196,284,000	5.52%
Intuitive Surgical Inc	Opened 29,102	$12,946,025,000	4.70%
Lululemon Athletica inc.	43.24% 42,673	$12,746,425,000	4.63%
Crowdstrike Holdings Inc	Closed 86,238	$12,665,776,000
RH	Closed 37,956	$12,509,919,000
First Watch Restaurant Group	Opened 695,649	$12,215,596,000	4.44%
Align Technology, Inc.	Closed 33,576	$11,873,817,000
Carmax Inc	Closed 139,870	$11,707,119,000
Etsy Inc	Closed 138,285	$11,700,294,000
Five Below Inc	Closed 57,319	$11,265,477,000
Workday Inc	Closed 49,685	$11,223,345,000
Zillow Group Inc	Closed 222,069	$11,161,188,000
Everbridge Inc	Closed 409,121	$11,005,355,000
Progyny Inc	Closed 274,788	$10,810,160,000
Elastic N.V	Closed 163,519	$10,484,839,000
Asml Holding N V	Opened 1,671	$1,708,982,000	0.62%
Take-two Interactive Softwar	2.07% 10,705	$1,664,520,000	0.60%
CIENA Corp.	Opened 32,097	$1,546,433,000	0.56%
Invesco Exchange Traded Fd T	Closed 7,752	$1,160,010,000
Ishares Tr	Closed 3,844	$719,520,000
Jamf Hldg Corp	Closed 36,503	$712,539,000
Eventbrite Inc	Closed 72,311	$690,571,000
Uber Technologies Inc	Closed 15,348	$662,574,000
Palantir Technologies Inc.	Closed 40,249	$617,018,000
Activision Blizzard Inc	Closed 5,331	$449,404,000
Adobe Systems Incorporated	Closed 818	$399,994,000
Farfetch Ltd	Closed 26,750	$161,570,000
No transactions found
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