Hawk Ridge Capital Management L.P. 13F annual report
Hawk Ridge Capital Management L.P. is an investment fund managing more than $1.76 trillion ran by Justine Leung. There are currently 40 companies in Mrs. Leung’s portfolio. The largest investments include Blackbaud Inc and Cognizant Technology Solutio, together worth $198 billion.
$1.76 trillion Assets Under Management (AUM)
As of 8th May 2023, Hawk Ridge Capital Management L.P.’s top holding is 1,516,980 shares of Blackbaud Inc currently worth over $105 billion and making up 6.0% of the portfolio value.
Relative to the number of outstanding shares of Blackbaud Inc, Hawk Ridge Capital Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,529,139 shares of Cognizant Technology Solutio worth $93.2 billion.
The third-largest holding is Acadia Healthcare Company In worth $92.4 billion and the next is Globus Med Inc worth $90.4 billion, with 1,595,800 shares owned.
Currently, Hawk Ridge Capital Management L.P.'s portfolio is worth at least $1.76 trillion. 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 Hawk Ridge Capital Management L.P.
The Hawk Ridge Capital Management L.P. office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Justine Leung serves as the Chief Compliance Officer at Hawk Ridge Capital Management L.P..
Recent trades
In the most recent 13F filing, Hawk Ridge Capital Management L.P. revealed that it had opened a new position in
Blackbaud Inc and bought 1,516,980 shares worth $105 billion.
This means they effectively own approximately 0.1% of the company.
Blackbaud Inc makes up
25.0%
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 Acadia Healthcare Company In by buying
1,107,218 additional shares.
This makes their stake in Acadia Healthcare Company In total 1,278,589 shares worth $92.4 billion.
On the other hand, there are companies that Hawk Ridge Capital Management L.P. is getting rid of from its portfolio.
Hawk Ridge Capital Management L.P. closed its position in Lamb Weston Inc on 15th May 2023.
It sold the previously owned 1,546,577 shares for $111 million.
Justine Leung also disclosed a decreased stake in Super Micro Computer Inc by 0.5%.
This leaves the value of the investment at $74.4 billion and 698,173 shares.
One of the largest hedge funds
The two most similar investment funds to Hawk Ridge Capital Management L.P. are Peconic Partners and Lockheed Martin Investment Management Co. They manage $1.76 trillion and $1.77 trillion respectively.
Justine Leung investment strategy
Hawk Ridge Capital Management L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 23.9% of
the total portfolio value.
The fund focuses on investments in the United States as
40.0% 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
3% 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 $3.32 billion.
The complete list of Hawk Ridge Capital Management L.P. 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 |
|---|---|---|---|
| Blackbaud Inc |
Opened
1,516,980
|
$105,126,714,000 | 5.97% |
| Cognizant Technology Solutio |
Opened
1,529,139
|
$93,170,439,000 | 5.29% |
| Acadia Healthcare Company In |
646.09%
1,278,589
|
$92,378,055,000 | 5.24% |
| Globus Med Inc |
Opened
1,595,800
|
$90,386,112,000 | 5.13% |
| Appian Corp |
Opened
1,865,830
|
$82,805,535,000 | 4.70% |
| Liberty Media Corp. |
55.31%
2,433,122
|
$82,010,445,000 | 4.66% |
| Aptargroup Inc. |
3.60%
630,401
|
$74,507,094,000 | 4.23% |
| Super Micro Computer Inc |
52.48%
698,173
|
$74,390,333,000 | 4.22% |
| Axalta Coating Sys Ltd |
154.18%
2,386,603
|
$72,290,205,000 | 4.10% |
| Bio Rad Labs Inc |
Opened
147,776
|
$70,787,660,000 | 4.02% |
| Outfront Media Inc |
64.12%
4,348,518
|
$70,576,447,000 | 4.01% |
| Live Nation Entertainment In |
Opened
1,007,300
|
$70,511,000,000 | 4.00% |
| International Flavors&fragra |
32.16%
731,900
|
$67,305,524,000 | 3.82% |
| Upwork Inc |
63.22%
5,481,149
|
$62,046,607,000 | 3.52% |
| LivaNova PLC |
11.35%
1,369,955
|
$59,702,639,000 | 3.39% |
| Legalzoom Com Inc |
45.41%
6,355,951
|
$59,618,820,000 | 3.38% |
| Kar Auction Svcs Inc |
27.17%
3,836,137
|
$52,478,354,000 | 2.98% |
| Bath & Body Works Inc |
Opened
1,401,106
|
$51,252,457,000 | 2.91% |
| Fidelity Natl Information Sv |
Opened
833,988
|
$45,310,568,000 | 2.57% |
| Apollo Global Mgmt Inc |
48.08%
710,356
|
$44,866,085,000 | 2.55% |
| Sonos Inc |
37.03%
2,285,487
|
$44,841,255,000 | 2.55% |
| Silicon Motion Technology Corp |
Opened
665,198
|
$43,583,773,000 | 2.47% |
| Squarespace, Inc. |
2.75%
1,242,198
|
$39,464,630,000 | 2.24% |
| Hewlett Packard Enterprise C |
Opened
2,369,267
|
$37,742,423,000 | 2.14% |
| Masimo Corp |
Opened
185,221
|
$34,180,683,000 | 1.94% |
| Sotera Health Co |
Opened
1,843,514
|
$33,017,336,000 | 1.87% |
| Garrett Motion Inc |
No change
3,676,595
|
$32,684,930,000 | 1.86% |
| Primo Water Corporation |
26.92%
1,194,823
|
$18,340,533,000 | 1.04% |
| ON24, Inc. |
33.58%
1,540,210
|
$13,492,240,000 | 0.77% |
| Orion Engineered Carbons S.A. |
20.75%
364,924
|
$9,520,867,000 | 0.54% |
| Six Flags Entmt Corp New |
Opened
339,400
|
$9,065,374,000 | 0.51% |
| Verint Sys Inc |
Opened
222,123
|
$8,271,861,000 | 0.47% |
| Dish Network Corporation |
58.73%
545,067
|
$5,085,475,000 | 0.29% |
| Diversey Hldgs Ltd |
86.23%
295,684
|
$2,392,084,000 | 0.14% |
| Opendoor Technologies Inc. |
Opened
1,219,378
|
$2,146,105,000 | 0.12% |
| Abcam PLC |
Opened
157,886
|
$2,125,146,000 | 0.12% |
| Syneos Health Inc |
Opened
35,900
|
$1,278,758,000 | 0.07% |
| Ferguson Plc New |
98.19%
8,551
|
$1,143,696,000 | 0.06% |
| Tandem Diabetes Care Inc |
Opened
21,200
|
$860,932,000 | 0.05% |
| Rover Group Inc |
94.12%
119,658
|
$542,051,000 | 0.03% |
| Lamb Weston Holdings Inc |
Closed
1,546,577
|
$110,518,000 | |
| BWX Technologies Inc |
Closed
977,760
|
$53,865,000 | |
| Valvoline Inc |
Closed
1,566,359
|
$45,158,000 | |
| Ishares U S Etf Tr |
Closed
1,060,800
|
$43,429,000 | |
| Jack In The Box, Inc. |
Closed
752,723
|
$42,198,000 | |
| TriNet Group Inc |
Closed
510,225
|
$39,604,000 | |
| Ardagh Metal Packaging S A |
Closed
5,838,824
|
$35,617,000 | |
| frontdoor, inc. |
Closed
978,820
|
$23,570,000 | |
| Remitly Global Inc |
Closed
3,031,071
|
$23,218,000 | |
| Canada Goose Holdings Inc |
Closed
1,255,223
|
$22,607,000 | |
| Enovis Corporation |
Closed
351,277
|
$19,320,000 | |
| Yext Inc |
Closed
3,445,610
|
$16,470,000 | |
| Mr. Cooper Group Inc |
Closed
413,351
|
$15,187,000 | |
| Payoneer Global Inc |
Closed
2,981,765
|
$11,689,000 | |
| State Str Corp |
Closed
181,856
|
$11,211,000 | |
| LiveRamp Holdings Inc |
Closed
380,208
|
$9,813,000 | |
| OneSpan Inc |
Closed
767,975
|
$9,139,000 | |
| Azenta Inc |
Closed
108,164
|
$7,799,000 | |
| Boyd Gaming Corp. |
Closed
127,485
|
$6,342,000 | |
| Digital Turbine Inc |
Closed
319,400
|
$5,580,000 | |
| Cabot Corp. |
Closed
75,455
|
$4,813,000 | |
| Lamar Advertising Co |
Closed
31,874
|
$2,804,000 | |
| Charles Riv Labs Intl Inc |
Closed
7,900
|
$1,690,000 | |
| Wheels Up Experience Inc |
Closed
739,700
|
$1,442,000 | |
| Hims & Hers Health, Inc. |
Closed
309,600
|
$1,402,000 | |
| Purple Innovation Inc |
Closed
420,000
|
$1,285,000 | |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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