Tam Capital Management 13F annual report

Tam Capital Management is an investment fund managing more than $140 billion ran by Tsachy Mishal. There are currently 6 companies in Mishal’s portfolio. The largest investments include State Str Corp and Bank New York Mellon Corp, together worth $111 billion.

$140 billion Assets Under Management (AUM)

As of 5th August 2024, Tam Capital Management’s top holding is 1,019,137 shares of State Str Corp currently worth over $75.4 billion and making up 54.0% of the portfolio value. In addition, the fund holds 590,549 shares of Bank New York Mellon Corp worth $35.4 billion. The third-largest holding is Jpmorgan Chase Co worth $24 billion and the next is Check Point Software Tech Lt worth $4.19 billion, with 25,387 shares owned.

Currently, Tam Capital Management's portfolio is worth at least $140 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 Tam Capital Management

The Tam Capital Management office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Tsachy Mishal serves as the Tsachy Mishal at Tam Capital Management.

Recent trades

In the most recent 13F filing, Tam Capital Management revealed that it had opened a new position in Kraft Heinz Co and bought 12,126 shares worth $391 million. This means they effectively own approximately 0.1% of the company. Kraft Heinz Co makes up 47.1% of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in State Str Corp by buying 891,006 additional shares. This makes their stake in State Str Corp total 1,019,137 shares worth $75.4 billion.

On the other hand, there are companies that Tam Capital Management is getting rid of from its portfolio. Tam Capital Management closed its position in Goldman Sachs on 12th August 2024. It sold the previously owned 3,083 shares for $1.29 billion. Tsachy Mishal also disclosed a decreased stake in Check Point Software Tech Lt by approximately 0.1%. This leaves the value of the investment at $4.19 billion and 25,387 shares.

One of the smallest hedge funds

The two most similar investment funds to Tam Capital Management are Guardian Investment Management and Mills Wealth Advisors. They manage $140 billion and $140 billion respectively.

Tsachy Mishal investment strategy

Tam Capital Management’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Consumer Staples — making up 0.6% of the total portfolio value. The fund focuses on investments in the Ireland as 16.7% of the portfolio companies are based in the Ireland.

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 17% 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 $24.9 billion.

The complete list of Tam Capital Management 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
State Str Corp	695.39% 1,019,137	$75,416,138,000	53.96%
Bank New York Mellon Corp	0.04% 590,549	$35,367,979,000	25.31%
Jpmorgan Chase Co	65.11% 118,476	$23,962,955,000	17.15%
Check Point Software Tech Lt	5.95% 25,387	$4,188,855,000	3.00%
Goldman Sachs Group, Inc.	Closed 3,083	$1,287,738,000
Dole plc	22.38% 35,852	$438,828,000	0.31%
Kraft Heinz Co	Opened 12,126	$390,699,000	0.28%
No transactions found
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