Isomer Partners L.P. 13F annual report
Isomer Partners L.P. is an investment fund managing more than $538 million ran by Neal Bandyopadhyay. There are currently 13 companies in Mr. Bandyopadhyay’s portfolio. The largest investments include Cerence Inc and Palo Alto Networks Inc, together worth $155 million.
$538 million Assets Under Management (AUM)
As of 5th February 2021, Isomer Partners L.P.’s top holding is 875,000 shares of Cerence Inc currently worth over $87.9 million and making up 16.3% of the portfolio value.
Relative to the number of outstanding shares of Cerence Inc, Isomer Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 190,000 shares of Palo Alto Networks Inc worth $67.5 million, whose value grew 50.5% in the past six months.
The third-largest holding is Crowdstrike Inc worth $63.5 million and the next is Penn Natl Gaming Inc worth $56.1 million, with 650,000 shares owned.
Currently, Isomer Partners L.P.'s portfolio is worth at least $538 million. 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 Isomer Partners L.P.
The Isomer Partners L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Neal Bandyopadhyay serves as the Chief Financial Officer at Isomer Partners L.P..
Recent trades
In the most recent 13F filing, Isomer Partners L.P. revealed that it had opened a new position in
Palo Alto Networks Inc and bought 190,000 shares worth $67.5 million.
This means they effectively own approximately 0.1% of the company.
Palo Alto Networks Inc makes up
22.5%
of the fund's Technology sector allocation and has grown its share price by 59.8% in the past year.
The investment fund also strengthened its position in Cerence Inc by buying
255,000 additional shares.
This makes their stake in Cerence Inc total 875,000 shares worth $87.9 million.
Cerence Inc soared 445.0% in the past year.
On the other hand, there are companies that Isomer Partners L.P. is getting rid of from its portfolio.
Isomer Partners L.P. closed its position in Nexstar Media Inc on 12th February 2021.
It sold the previously owned 625,000 shares for $73.3 million.
One of the average hedge funds
The two most similar investment funds to Isomer Partners L.P. are Vision Capital Management and Advisors Preferred. They manage $538 million and $538 million respectively.
Neal Bandyopadhyay investment strategy
Isomer Partners L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 55.7% of
the total portfolio value.
The fund focuses on investments in the United States as
61.5% 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
23% 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 $70.5 billion.
The complete list of Isomer Partners L.P. trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Cerence Inc |
41.13%
875,000
|
$87,920,000 | 16.34% |
| Nexstar Media Group Inc |
Closed
625,000
|
$73,281,000 | |
| Palo Alto Networks Inc |
Opened
190,000
|
$67,524,000 | 12.55% |
| Wix.com Ltd |
Closed
550,000
|
$67,309,000 | |
| Crowdstrike Holdings Inc |
Opened
300,000
|
$63,545,000 | 11.81% |
| Penn Natl Gaming Inc |
Opened
650,000
|
$56,140,000 | 10.43% |
| Nutanix Inc |
37.50%
1,650,000
|
$52,585,000 | 9.77% |
| Liberty Broadband Corp |
Closed
335,000
|
$42,126,000 | |
| Intercontinental Exchange In |
Opened
330,000
|
$38,045,000 | 7.07% |
| Visa Inc |
Opened
150,000
|
$32,809,000 | 6.10% |
| Snap Inc |
Closed
2,000,000
|
$32,660,000 | |
| Alibaba Group Hldg Ltd |
Opened
140,000
|
$32,582,000 | 6.05% |
| Par Technology Corp. |
Opened
450,000
|
$28,255,000 | 5.25% |
| Liberty Media Corp. |
Opened
1,000,000
|
$43,365,000 | 8.06% |
| Madison Square Grdn Sprt Cor |
Opened
90,000
|
$16,569,000 | 3.08% |
| Uniti Group Inc |
Closed
1,500,000
|
$12,314,000 | |
| Diamond Eagle Acquisition Co |
Closed
1,000,000
|
$10,700,000 | |
| Noodles & Company |
Closed
1,750,000
|
$9,694,000 | |
| Broadcom Inc |
Closed
30,400
|
$9,607,000 | |
| Open Lending, LLC |
Opened
272,640
|
$9,531,000 | 1.77% |
| Liberty Tripadvisor Hldgs In |
Opened
2,150,000
|
$9,331,000 | 1.73% |
| GreenSky Inc |
Closed
681,500
|
$6,065,000 | |
| At Home Group Inc |
Closed
1,000,000
|
$5,500,000 | |
| Verra Mobility Corp |
Closed
222,519
|
$3,113,000 | |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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