General Equity L.P. is an investment fund managing more than $164 billion ran by Elizabeth Kostolansky. There are currently 5 companies in Mrs. Kostolansky’s portfolio. The largest investments include Carvana Co and Onewater Marine Inc, together worth $148 billion.
As of 7th August 2024, General Equity L.P.’s top holding is 1,063,062 shares of Carvana Co currently worth over $137 billion and making up 83.6% of the portfolio value.
Relative to the number of outstanding shares of Carvana Co, General Equity L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 407,490 shares of Onewater Marine Inc worth $11.2 billion, whose value fell 13.7% in the past six months.
The third-largest holding is PDD Inc worth $5.32 billion and the next is Lemonade worth $5.2 billion, with 315,000 shares owned.
Currently, General Equity L.P.'s portfolio is worth at least $164 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.
The General Equity L.P. office and employees reside in Brooklyn, New York. According to the last 13-F report filed with the SEC, Elizabeth Kostolansky serves as the Chief Operating Officer at General Equity L.P..
In the most recent 13F filing, General Equity L.P. revealed that it had opened a new position in
PDD Inc and bought 40,000 shares worth $5.32 billion.
This means they effectively own approximately 0.1% of the company.
PDD Inc makes up
3.5%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 74.9% in the past year.
The investment fund also strengthened its position in Carvana Co by buying
672,755 additional shares.
This makes their stake in Carvana Co total 1,063,062 shares worth $137 billion.
Carvana Co soared 224.8% in the past year.
On the other hand, there are companies that General Equity L.P. is getting rid of from its portfolio.
General Equity L.P. closed its position in Medifast Inc on 14th August 2024.
It sold the previously owned 87,459 shares for $15.8 million.
Elizabeth Kostolansky also disclosed a decreased stake in Onewater Marine Inc by 0.2%.
This leaves the value of the investment at $11.2 billion and 407,490 shares.
The two most similar investment funds to General Equity L.P. are Sterling Investment Advisors adv and Xiamen Xinweidachuang Investment Partnership ( Partnership). They manage $164 billion and $164 billion respectively.
General Equity L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 93.7% of
the total portfolio value.
The fund focuses on investments in the United States as
80.0% 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
20% 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 $23.2 billion.
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 |
|---|---|---|---|
| Carvana Co. |
172.37%
1,063,062
|
$136,837,341,000 | 83.58% |
| Onewater Marine Inc |
21.12%
407,490
|
$11,234,499,000 | 6.86% |
| PDD Holdings Inc |
Opened
40,000
|
$5,318,000,000 | 3.25% |
| Lemonade, Inc. |
Opened
315,000
|
$5,197,500,000 | 3.17% |
| Cardlytics Inc |
Opened
624,058
|
$5,123,516,000 | 3.13% |
| Medifast Inc |
Closed
87,459
|
$15,787,000 | |
| Liberty Broadband Corp |
Closed
61,497
|
$7,112,000 | |
| Oak Str Health Inc |
Closed
428,200
|
$7,040,000 | |
| Academy Sports & Outdoors In |
Closed
169,723
|
$6,032,000 | |
| Datadog Inc |
Closed
59,316
|
$5,649,000 | |
| Confluent Inc |
Closed
188,381
|
$4,378,000 | |
| Sprout Social, Inc. |
Closed
57,686
|
$3,350,000 | |
| Joint Corp |
Closed
203,042
|
$3,109,000 | |
| Progyny Inc |
Closed
75,056
|
$2,180,000 | |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||