Redwood Capital Management 13F annual report
Redwood Capital Management is an investment fund managing more than $444 billion ran by Ruben Kliksberg. There are currently 13 companies in Mr. Kliksberg’s portfolio. The largest investments include Aercap Holdings Nv and EchoStar Corp, together worth $305 billion.
$444 billion Assets Under Management (AUM)
As of 7th August 2024, Redwood Capital Management’s top holding is 2,142,023 shares of Aercap Holdings Nv currently worth over $200 billion and making up 44.9% of the portfolio value.
In addition, the fund holds 5,915,934 shares of EchoStar Corp worth $105 billion, whose value grew 37.8% in the past six months.
The third-largest holding is Loma Negra C I A S A Mtn 14 worth $30.4 billion and the next is American Pub Ed Inc worth $24.6 billion, with 1,402,082 shares owned.
Currently, Redwood Capital Management's portfolio is worth at least $444 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 Redwood Capital Management
The Redwood Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Ruben Kliksberg serves as the Chief Executive Officer at Redwood Capital Management.
Recent trades
In the most recent 13F filing, Redwood Capital Management revealed that it had opened a new position in
Office Pptys Income Tr and bought 489,684 shares worth $999 million.
The investment fund also strengthened its position in EchoStar Corp by buying
1,446,049 additional shares.
This makes their stake in EchoStar Corp total 5,915,934 shares worth $105 billion.
EchoStar Corp dropped 24.9% in the past year.
On the other hand, there are companies that Redwood Capital Management is getting rid of from its portfolio.
Redwood Capital Management closed its position in Ally Finl Inc on 14th August 2024.
It sold the previously owned 977,568 shares for $39.7 billion.
Ruben Kliksberg also disclosed a decreased stake in Loma Negra C I A S A Mtn 14 by 0.2%.
This leaves the value of the investment at $30.4 billion and 4,490,486 shares.
One of the average hedge funds
The two most similar investment funds to Redwood Capital Management are Cra Services and Sunflower Bank, N.a. They manage $444 billion and $444 billion respectively.
Ruben Kliksberg investment strategy
Redwood Capital Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 23.7% of
the total portfolio value.
The fund focuses on investments in the United States as
15.4% 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
approximately 0.1% 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 $1.33 billion.
The complete list of Redwood Capital Management 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 |
|---|---|---|---|
| Aercap Holdings Nv |
No change
2,142,023
|
$199,636,544,000 | 44.94% |
| EchoStar Corp |
32.35%
5,915,934
|
$105,362,785,000 | 23.72% |
| Ally Finl Inc |
Closed
977,568
|
$39,679,485,000 | |
| Loma Negra C I A S A Mtn 14 |
23.55%
4,490,486
|
$30,355,685,000 | 6.83% |
| American Pub Ed Inc |
0.69%
1,402,082
|
$24,648,602,000 | 5.55% |
| Dole plc |
Closed
1,955,748
|
$23,332,074,000 | |
| Studio City Intl Hldgs Ltd |
0.00%
3,268,921
|
$19,123,188,000 | 4.31% |
| Citigroup Inc |
Closed
295,680
|
$18,698,803,000 | |
| Spdr S&p 500 Etf Tr |
Closed
32,923
|
$17,221,034,000 | |
| Altice USA Inc |
No change
8,189,270
|
$16,706,111,000 | 3.76% |
| Mercer International Inc. |
9.91%
1,712,725
|
$14,626,672,000 | 3.29% |
| Caesars Entertainment Inc Ne |
45.45%
320,000
|
$12,716,800,000 | 2.86% |
| United States Stl Corp New |
50.00%
300,000
|
$11,340,000,000 | 2.55% |
| Yandex N V |
No change
387,585
|
$3,468,886,000 | 0.78% |
| Cbl & Assoc Pptys Inc |
No change
117,613
|
$2,749,792,000 | 0.62% |
| Telecom Argentina Sa |
86.00%
340,428
|
$2,461,294,000 | 0.55% |
| Office Pptys Income Tr |
Opened
489,684
|
$998,955,000 | 0.22% |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||
Hedge funds similar to Redwood Capital Management
- Affinity Capital Advisors
- Cypress Wealth Services
- Blue Fin Capital
- Sc Xii Management
- Eam Global Investors
- O'brien Wealth Partners
- Sunflower Bank, N.a
- Cra Services
- Perennial Advisors
- Lynch & Associates/in
- White Mountains Insurance Group Ltd
- Css il
- Northstar
- Iridian Asset Management ct