Greenwich Investment Management 13F annual report

Greenwich Investment Management is an investment fund managing more than $127 billion ran by L. Rieger. There are currently 36 companies in Rieger’s portfolio. The largest investments include Dorchester Minerals LP and Trinity Cap Inc, together worth $37.9 billion.

Limited to 30 biggest holdings

$127 billion Assets Under Management (AUM)

As of 8th May 2024, Greenwich Investment Management’s top holding is 587,861 shares of Dorchester Minerals LP currently worth over $19.8 billion and making up 15.6% of the portfolio value. Relative to the number of outstanding shares of Dorchester Minerals LP, Greenwich Investment Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,231,470 shares of Trinity Cap Inc worth $18.1 billion. The third-largest holding is Sixth Street Specialty Lendi worth $12.8 billion and the next is Oaktree Specialty Lending Co worth $11.9 billion, with 606,977 shares owned.

Currently, Greenwich Investment Management's portfolio is worth at least $127 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 Greenwich Investment Management

The Greenwich Investment Management office and employees reside in Norwalk, Connecticut. According to the last 13-F report filed with the SEC, L. Rieger serves as the Director at Greenwich Investment Management.

Recent trades

In the most recent 13F filing, Greenwich Investment Management revealed that it had opened a new position in Asml Holding N V and bought 273 shares worth $265 million.

The investment fund also strengthened its position in Dorchester Minerals LP by buying 92,737 additional shares. This makes their stake in Dorchester Minerals LP total 587,861 shares worth $19.8 billion. Dorchester Minerals LP soared 8.7% in the past year.

On the other hand, there are companies that Greenwich Investment Management is getting rid of from its portfolio. Greenwich Investment Management closed its position in Main Str Cap Corp on 15th May 2024. It sold the previously owned 44,589 shares for $1.81 billion. L. Rieger also disclosed a decreased stake in Oaktree Specialty Lending Co by 0.3%. This leaves the value of the investment at $11.9 billion and 606,977 shares.

One of the smallest hedge funds

The two most similar investment funds to Greenwich Investment Management are Main Line Retirement Advisors and Investidor Profissional Gestao De Recursos Ltda. They manage $127 billion and $127 billion respectively.

L. Rieger investment strategy

Greenwich Investment Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Energy — making up 22.7% of the total portfolio value. The fund focuses on investments in the United States as 47.2% 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 11% of the total holdings value. On the other hand, small-cap stocks make up only 5.6% of the portfolio. The average market cap of the portfolio companies is close to $153 billion.

The complete list of Greenwich Investment 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
Dorchester Minerals LP	18.73% 587,861	$19,823,000,000	15.59%
Trinity Cap Inc	2.79% 1,231,470	$18,078,000,000	14.21%
Sixth Street Specialty Lendi	2.67% 597,424	$12,803,000,000	10.07%
Oaktree Specialty Lending Co	25.60% 606,977	$11,940,000,000	9.39%
Ares Capital Corp	0.17% 419,015	$8,724,000,000	6.86%
Exxon Mobil Corp.	20.43% 71,406	$8,300,000,000	6.53%
ArrowMark Financial Corp	1.00% 318,250	$6,059,000,000	4.76%
Barings Partn Invs	10.15% 359,128	$5,789,000,000	4.55%
Goldman Sachs BDC Inc	10.51% 368,758	$5,524,000,000	4.34%
Blue Owl Capital Corporation	200.91% 269,885	$4,151,000,000	3.26%
Runway Growth Finance Corp	152.26% 290,607	$3,522,000,000	2.77%
NVE Corp	129.40% 36,266	$3,270,000,000	2.57%
Apple Inc	No change 14,158	$2,428,000,000	1.91%
Equitable Holdings, Inc.	7.43% 57,738	$2,195,000,000	1.73%
Fs Kkr Cap Corp	14.84% 109,516	$2,088,000,000	1.64%
Carlyle Secured Lending Inc	4.90% 122,443	$1,993,000,000	1.57%
Main Str Cap Corp	Closed 44,589	$1,812,000,000
Ares Coml Real Estate Corp	13.23% 215,270	$1,604,000,000	1.26%
First Financial Northwest In	Closed 120,902	$1,538,000,000
Network-1 Technologies Inc	4.71% 693,126	$1,435,000,000	1.13%
Barings Corporate Invs	5.78% 79,307	$1,363,000,000	1.07%
Tpg Re Fin Tr Inc	Closed 134,100	$902,000,000
Franklin Finl Svcs Corp	Closed 28,987	$826,000,000
Versabank New	6.31% 73,478	$806,000,000	0.63%
Enact Holdings Inc	Closed 29,464	$802,000,000
Peapack-gladstone Finl Corp	Closed 22,835	$586,000,000
Cincinnati Finl Corp	4.62% 4,133	$513,000,000	0.40%
Camden Ppty Tr	1.80% 4,910	$483,000,000	0.38%
Investar Hldg Corp	5.49% 29,185	$477,000,000	0.38%
Sound Finl Bancorp Inc	18.38% 11,690	$476,000,000	0.37%
Hercules Capital Inc	21.49% 23,711	$437,000,000	0.34%
HomeTrust Bancshares Inc	2.29% 15,340	$419,000,000	0.33%
Citizens Finl Group Inc	84.25% 9,900	$359,000,000	0.28%
Fiserv, Inc.	3.43% 2,223	$355,000,000	0.28%
Oneok Inc.	No change 4,412	$354,000,000	0.28%
Postal Realty Trust Inc	No change 19,254	$276,000,000	0.22%
Abbvie Inc	No change 1,457	$265,000,000	0.21%
Asml Holding N V	Opened 273	$265,000,000	0.21%
180 Degree Cap Corp	49.28% 59,875	$257,000,000	0.20%
First Northwest Bancorp	30.98% 11,952	$187,000,000	0.15%
Barings BDC Inc	23.72% 16,196	$151,000,000	0.12%
Mainz Biomed N V	13.84% 11,984	$12,000,000	0.01%
No transactions found
Showing first 500 out of 42 holdings