Lyrical Asset Management L.P. 13F annual report
Lyrical Asset Management L.P. is an investment fund managing more than $6.23 trillion ran by Jeffrey Moses. There are currently 36 companies in Mr. Moses’s portfolio. The largest investments include United Rentals and Ameriprise Inc, together worth $776 billion.
$6.23 trillion Assets Under Management (AUM)
As of 5th August 2024, Lyrical Asset Management L.P.’s top holding is 625,832 shares of United Rentals currently worth over $405 billion and making up 6.5% of the portfolio value.
Relative to the number of outstanding shares of United Rentals, Lyrical Asset Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 868,448 shares of Ameriprise Inc worth $371 billion, whose value grew 1.9% in the past six months.
The third-largest holding is Fidelity National Information Services worth $326 billion and the next is Aercap Holdings Nv worth $299 billion, with 3,203,951 shares owned.
Currently, Lyrical Asset Management L.P.'s portfolio is worth at least $6.23 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 Lyrical Asset Management L.P.
The Lyrical Asset Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jeffrey Moses serves as the Chief Operating Officer at Lyrical Asset Management L.P..
Recent trades
In the most recent 13F filing, Lyrical Asset Management L.P. revealed that it had opened a new position in
Johnson Controls International plc and bought 3,973,051 shares worth $264 billion.
This means they effectively own approximately 0.1% of the company.
Johnson Controls International plc makes up
16.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Concentrix by buying
416,068 additional shares.
This makes their stake in Concentrix total 1,271,250 shares worth $80.4 billion.
Concentrix dropped approximately 0.1% in the past year.
On the other hand, there are companies that Lyrical Asset Management L.P. is getting rid of from its portfolio.
Lyrical Asset Management L.P. closed its position in Liberty Global Ltd on 12th August 2024.
It sold the previously owned 7,415,263 shares for $131 billion.
Jeffrey Moses also disclosed a decreased stake in United Rentals by approximately 0.1%.
This leaves the value of the investment at $405 billion and 625,832 shares.
One of the largest hedge funds
The two most similar investment funds to Lyrical Asset Management L.P. are Financial Counselors Inc and Briar Hall Management. They manage $6.22 trillion and $6.2 trillion respectively.
Jeffrey Moses investment strategy
Lyrical Asset Management L.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Industrials — making up 25.7% of
the total portfolio value.
The fund focuses on investments in the United States as
69.4% 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
53% 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 $23.4 billion.
The complete list of Lyrical Asset Management L.P. trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| United Rentals, Inc. |
7.44%
625,832
|
$404,744,329,000 | 6.50% |
| Ameriprise Financial Inc |
2.19%
868,448
|
$370,992,301,000 | 5.96% |
| Fidelity National Information Services, Inc. |
1.68%
4,331,811
|
$326,445,277,000 | 5.24% |
| Aercap Holdings Nv |
2.55%
3,203,951
|
$298,608,233,000 | 4.80% |
| NRG Energy Inc. |
7.83%
3,800,125
|
$295,877,733,000 | 4.75% |
| Suncor Energy, Inc. |
2.03%
5,532,273
|
$288,508,037,000 | 4.63% |
| Cigna Group (The) |
1.67%
839,607
|
$277,548,886,000 | 4.46% |
| Flex Ltd |
2.47%
9,266,933
|
$273,281,854,000 | 4.39% |
| Johnson Controls International plc |
Opened
3,973,051
|
$264,088,700,000 | 4.24% |
| HCA Healthcare Inc |
1.61%
801,886
|
$257,629,934,000 | 4.14% |
| Uber Technologies Inc |
1.97%
3,250,329
|
$236,233,912,000 | 3.79% |
| Expedia Group Inc |
1.53%
1,804,324
|
$227,326,781,000 | 3.65% |
| EBay Inc. |
1.09%
4,121,558
|
$221,410,096,000 | 3.56% |
| Gen Digital Inc |
1.44%
8,850,093
|
$221,075,323,000 | 3.55% |
| F5 Inc |
2.21%
1,132,552
|
$195,059,431,000 | 3.13% |
| Arrow Electronics Inc. |
2.71%
1,520,018
|
$183,557,374,000 | 2.95% |
| Global Payments, Inc. |
1.04%
1,811,243
|
$175,147,198,000 | 2.81% |
| Centene Corp. |
1.35%
2,308,279
|
$153,038,898,000 | 2.46% |
| WEX Inc |
2.44%
862,337
|
$152,754,376,000 | 2.45% |
| Primerica Inc |
4.10%
642,508
|
$152,004,543,000 | 2.44% |
| TD Synnex Corp |
1.80%
1,290,822
|
$148,960,859,000 | 2.39% |
| Celanese Corp |
1.82%
1,084,808
|
$146,329,751,000 | 2.35% |
| Lithia Motors, Inc. |
2.07%
520,905
|
$131,502,467,000 | 2.11% |
| Liberty Global Ltd |
Closed
7,415,263
|
$130,805,239,000 | |
| Assurant Inc |
3.20%
774,782
|
$128,807,508,000 | 2.07% |
| Whirlpool Corp. |
Closed
1,066,869
|
$127,629,538,000 | |
| Lear Corp. |
1.69%
1,071,228
|
$122,344,950,000 | 1.96% |
| Wesco International, Inc. |
3.47%
753,449
|
$119,436,735,000 | 1.92% |
| Berry Global Group Inc |
3.33%
1,892,006
|
$111,344,553,000 | 1.79% |
| Affiliated Managers Group Inc. |
4.04%
669,651
|
$104,619,576,000 | 1.68% |
| Air Lease Corporation Class A |
4.45%
2,111,453
|
$100,357,361,000 | 1.61% |
| Concentrix Corporation |
48.65%
1,271,250
|
$80,444,700,000 | 1.29% |
| Adient plc |
3.44%
1,075,534
|
$26,576,445,000 | 0.43% |
| NXP Semiconductors NV |
2.48%
29,937
|
$8,055,747,000 | 0.13% |
| CNH Industrial NV |
2.69%
694,720
|
$7,037,514,000 | 0.11% |
| Aptiv PLC |
Opened
93,420
|
$6,578,636,000 | 0.11% |
| Crown Holdings, Inc. |
0.65%
72,724
|
$5,409,938,000 | 0.09% |
| Nintendo Co., Ltd. Unsponsored Adr |
5.79%
247,339
|
$3,289,609,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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