Cartica Management 13F annual report

Cartica Management is an investment fund managing more than $166 billion ran by Steven Quamme. There are currently 12 companies in Mr. Quamme’s portfolio. The largest investments include Fabrinet and H World Group Ltd, together worth $42.4 billion.

$166 billion Assets Under Management (AUM)

As of 3rd February 2023, Cartica Management’s top holding is 172,239 shares of Fabrinet currently worth over $22.1 billion and making up 13.3% of the portfolio value. Relative to the number of outstanding shares of Fabrinet, Cartica Management owns more than approximately 0.1% of the company. In addition, the fund holds 479,076 shares of H World Group Ltd worth $20.3 billion. The third-largest holding is MercadoLibre Inc worth $20.3 billion and the next is XP Inc worth $20.1 billion, with 1,307,504 shares owned.

Currently, Cartica Management's portfolio is worth at least $166 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 Cartica Management

The Cartica Management office and employees reside in Washington, District Of Columbia. According to the last 13-F report filed with the SEC, Steven Quamme serves as the Member at Cartica Management.

Recent trades

In the most recent 13F filing, Cartica Management revealed that it had opened a new position in H World Group Ltd and bought 479,076 shares worth $20.3 billion.

The investment fund also strengthened its position in Fabrinet by buying 58,854 additional shares. This makes their stake in Fabrinet total 172,239 shares worth $22.1 billion. Fabrinet soared 18.9% in the past year.

On the other hand, there are companies that Cartica Management is getting rid of from its portfolio. Cartica Management closed its position in Bilibili Inc on 10th February 2023. It sold the previously owned 686,145 shares for $83.6 million. Steven Quamme also disclosed a decreased stake in MercadoLibre Inc by 0.4%. This leaves the value of the investment at $20.3 billion and 23,982 shares.

One of the largest hedge funds

The two most similar investment funds to Cartica Management are Strategic Value Bank Partners and Interactive Advisors. They manage $166 billion and $166 billion respectively.

Steven Quamme investment strategy

Cartica Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 30.2% of the total portfolio value. The fund focuses on investments in the Brazil as 16.7% of the portfolio companies are based in the Brazil.

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 $12.8 billion.

The complete list of Cartica Management trades based on 13F SEC filings

These positions were updated on February 10th 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
Fabrinet	51.91% 172,239	$22,084,485,000	13.33%
H World Group Ltd	Opened 479,076	$20,322,404,000	12.26%
MercadoLibre Inc	38.30% 23,982	$20,294,528,000	12.25%
XP Inc	44.04% 1,307,504	$20,057,111,000	12.10%
Sea Ltd	40.04% 345,296	$17,965,751,000	10.84%
Alibaba Group Hldg Ltd	Opened 178,300	$15,706,447,000	9.48%
Globant S.A.	59.65% 80,512	$13,538,898,000	8.17%
Bancolombia S.A.	Opened 399,500	$11,401,730,000	6.88%
Embraer S.A.	Opened 833,392	$9,108,975,000	5.50%
Despegar.com Corp	42.64% 1,486,817	$7,627,371,000	4.60%
Taiwan Semiconductor Mfg Ltd	Opened 102,000	$7,597,980,000	4.59%
Bilibili Inc	Closed 686,145	$83,600,000
Cemex Sab De Cv	Closed 6,050,000	$50,820,000
StoneCo Ltd	Closed 405,000	$27,159,000
Gds Hldgs Ltd	Closed 276,348	$21,691,000
Arco Platform Ltd	Closed 659,695	$20,226,000
Ishares Tr	Closed 279,000	$15,387,000
Kingsoft Cloud Hldgs Ltd	Closed 354,443	$12,026,000
Yandex N V	55.05% 218,000	$0	0.00%
No transactions found
Showing first 500 out of 19 holdings