North Fourth Asset Management, L.P. 13F annual report

North Fourth Asset Management, L.P. is an investment fund managing more than $118 billion ran by Michael Vittorio. There are currently 43 companies in Mr. Vittorio’s portfolio. The largest investments include Amazon.com and Thor Inds Inc, together worth $18.9 billion.

Limited to 30 biggest holdings

$118 billion Assets Under Management (AUM)

As of 7th August 2023, North Fourth Asset Management, L.P.’s top holding is 86,100 shares of Amazon.com currently worth over $11.2 billion and making up 9.5% of the portfolio value. Relative to the number of outstanding shares of Amazon.com, North Fourth Asset Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 74,000 shares of Thor Inds Inc worth $7.66 billion. The third-largest holding is Walmart Inc worth $5.66 billion and the next is Las Vegas Sands Corp worth $4.68 billion, with 80,629 shares owned.

Currently, North Fourth Asset Management, L.P.'s portfolio is worth at least $118 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 North Fourth Asset Management, L.P.

The North Fourth Asset Management, L.P. office and employees reside in Englewood Cliffs, New Jersey. According to the last 13-F report filed with the SEC, Michael Vittorio serves as the Chief Financial Officer and Chief Compliance Officer at North Fourth Asset Management, L.P..

Recent trades

In the most recent 13F filing, North Fourth Asset Management, L.P. revealed that it had opened a new position in Thor Inds Inc and bought 74,000 shares worth $7.66 billion.

The investment fund also strengthened its position in Las Vegas Sands Corp by buying 34,329 additional shares. This makes their stake in Las Vegas Sands Corp total 80,629 shares worth $4.68 billion. Las Vegas Sands Corp dropped approximately 0.1% in the past year.

On the other hand, there are companies that North Fourth Asset Management, L.P. is getting rid of from its portfolio. North Fourth Asset Management, L.P. closed its position in Chefs Whse Inc on 14th August 2023. It sold the previously owned 463,117 shares for $15.4 billion. Michael Vittorio also disclosed a decreased stake in Amazon.com by approximately 0.1%. This leaves the value of the investment at $11.2 billion and 86,100 shares.

One of the smallest hedge funds

The two most similar investment funds to North Fourth Asset Management, L.P. are Camarda Advisors and Dalton Investments. They manage $118 billion and $118 billion respectively.

Michael Vittorio investment strategy

North Fourth Asset Management, L.P.’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 36.8% of the total portfolio value. The fund focuses on investments in the United States as 62.8% 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 37% 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 $121 billion.

The complete list of North Fourth Asset Management, L.P. trades based on 13F SEC filings

These positions were updated on August 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
Chefs Whse Inc	Closed 463,117	$15,412,534,000
Vulcan Matls Co	Closed 87,259	$15,279,924,000
Booking Holdings Inc	Closed 7,300	$14,711,544,000
Hasbro, Inc.	Closed 205,403	$12,531,637,000
Amazon.com Inc.	0.12% 86,100	$11,223,996,000	9.52%
Intuit Inc	Closed 28,000	$10,898,160,000
Sherwin-Williams Co.	Closed 41,000	$9,730,530,000
Capri Holdings Limited	Closed 158,892	$9,107,689,000
Lululemon Athletica inc.	Closed 24,000	$7,689,120,000
Thor Inds Inc	Opened 74,000	$7,659,000,000	6.49%
S&P Global Inc	Closed 22,000	$7,368,680,000
Walmart Inc	Opened 36,000	$5,658,480,000	4.80%
Shake Shack Inc	Closed 115,838	$4,810,752,000
Colgate-Palmolive Co.	Closed 60,343	$4,754,425,000
Las Vegas Sands Corp	74.14% 80,629	$4,676,482,000	3.96%
Dave & Busters Entmt Inc	Closed 130,000	$4,607,200,000
RH	Opened 13,400	$4,416,506,000	3.74%
Chipotle Mexican Grill	Opened 2,000	$4,278,000,000	3.63%
nVent Electric plc	127.78% 82,000	$4,236,940,000	3.59%
Innoviz Technologies Ltd	50.64% 1,439,616	$4,088,509,000	3.47%
Eaton Corp Plc	Opened 20,000	$4,022,000,000	3.41%
Wynn Resorts Ltd.	21.31% 36,985	$3,905,986,000	3.31%
Sprout Social, Inc.	Closed 69,000	$3,895,740,000
HubSpot Inc	Opened 7,000	$3,724,630,000	3.16%
Adobe Systems Incorporated	Opened 7,600	$3,716,324,000	3.15%
Mondelez International Inc.	Opened 48,000	$3,501,120,000	2.97%
Melco Resorts And Entmnt Ltd	27.50% 274,786	$3,355,137,000	2.84%
Lauder Estee Cos Inc	Opened 17,000	$3,338,460,000	2.83%
Alphabet Inc	Closed 36,000	$3,176,280,000
Albertsons Cos Inc	Opened 145,070	$3,165,427,000	2.68%
Ross Stores, Inc.	2.16% 27,984	$3,137,846,000	2.66%
Crocs Inc	Closed 28,000	$3,036,040,000
Microsoft Corporation	Opened 8,800	$2,996,752,000	2.54%
Hub Group, Inc.	Opened 36,631	$2,942,202,000	2.49%
Dollar Tree Inc	Closed 20,000	$2,828,800,000
Liveperson Inc	Closed 276,189	$2,800,557,000
Dollar Gen Corp New	5.88% 16,000	$2,716,480,000	2.30%
Martin Marietta Matls Inc	Closed 8,000	$2,703,760,000
Caesars Entertainment Inc Ne	Opened 49,975	$2,547,226,000	2.16%
Snowflake Inc.	Opened 14,000	$2,463,720,000	2.09%
Ppg Inds Inc	Opened 15,989	$2,371,169,000	2.01%
Nike, Inc.	78.39% 20,750	$2,290,178,000	1.94%
Select Sector Spdr Tr	Opened 30,000	$2,225,100,000	1.89%
Deckers Outdoor Corp.	Opened 4,000	$2,110,640,000	1.79%
Tjx Cos Inc New	Closed 26,000	$2,069,600,000
Boot Barn Holdings Inc	Opened 21,337	$1,807,031,000	1.53%
Papa Johns Intl Inc	Closed 21,000	$1,728,510,000
e.l.f. Beauty Inc	Opened 15,000	$1,713,450,000	1.45%
TREX Co., Inc.	Opened 26,080	$1,709,805,000	1.45%
On Hldg Ag	Closed 93,687	$1,607,669,000
Marriott Intl Inc New	Opened 8,000	$1,469,520,000	1.25%
Meta Platforms Inc	Closed 10,800	$1,299,672,000
Five Below Inc	Closed 7,000	$1,238,090,000
Burlington Stores Inc	Closed 6,000	$1,216,560,000
Overstock.com Inc	Opened 35,000	$1,139,950,000	0.97%
Netflix Inc.	60.94% 2,500	$1,101,225,000	0.93%
Carmax Inc	Opened 13,000	$1,088,100,000	0.92%
Kraneshares Tr	Closed 35,000	$1,057,000,000
Tapestry Inc	Opened 23,456	$1,003,917,000	0.85%
Shopify Inc	Opened 15,000	$969,000,000	0.82%
SoFi Technologies, Inc.	Opened 110,000	$917,400,000	0.78%
Owens Corning	Opened 7,000	$913,500,000	0.77%
PVH Corp	81.53% 10,345	$879,015,000	0.75%
Dicks Sporting Goods, Inc.	Closed 7,000	$842,030,000
Palo Alto Networks Inc	Closed 6,000	$837,240,000
Macys Inc	90.46% 50,000	$802,500,000	0.68%
Ark Etf Tr	Closed 25,000	$781,000,000
Momentive Global Inc	Closed 100,000	$700,000,000
Tempur Sealy International Inc	Closed 20,000	$686,600,000
Tesla Inc	Opened 2,500	$654,425,000	0.55%
Levi Strauss & Co.	Closed 40,000	$620,800,000
Revolve Group Inc	Opened 30,000	$492,000,000	0.42%
Expedia Group Inc	Closed 4,000	$350,400,000
Urban Outfitters, Inc.	Opened 10,000	$331,300,000	0.28%
Robinhood Mkts Inc	Closed 25,000	$203,500,000
Studio City Intl Hldgs Ltd	Opened 27,238	$189,004,000	0.16%
No transactions found
Showing first 500 out of 76 holdings