Act Ii Management, L.P. 13F annual report

Act Ii Management, L.P. is an investment fund managing more than $33.8 million ran by Aaron Chan. There are currently 11 companies in Mr. Chan’s portfolio. The largest investments include Facebook and Alphabet, together worth $11.4 million.

$33.8 million Assets Under Management (AUM)

As of 7th October 2020, Act Ii Management, L.P.’s top holding is 38,768 shares of Facebook currently worth over $6.47 million and making up 19.1% of the portfolio value. Relative to the number of outstanding shares of Facebook, Act Ii Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 4,280 shares of Alphabet worth $4.98 million, whose value grew 23.9% in the past six months. The third-largest holding is Liberty Broadband worth $4.96 million and the next is Chegg worth $4.95 million, with 138,297 shares owned.

Currently, Act Ii Management, L.P.'s portfolio is worth at least $33.8 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 Act Ii Management, L.P.

The Act Ii Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Aaron Chan serves as the Chief Compliance Officer at Act Ii Management, L.P..

Recent trades

There are companies that Act Ii Management, L.P. is getting rid of from its portfolio. Act Ii Management, L.P. closed its position in Viacomcbs Inc on 12th May 2020. It sold the previously owned 190,000 shares for $7.97 million. Aaron Chan also disclosed a decreased stake in Facebook by 0.2%. This leaves the value of the investment at $6.47 million and 38,768 shares.

One of the smallest hedge funds

The two most similar investment funds to Act Ii Management, L.P. are Lyons Wealth Management, and Bow Street. They manage $34.1 million and $33.4 million respectively.

Aaron Chan investment strategy

Act Ii Management, L.P.’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 33.8% of the total portfolio value. The fund focuses on investments in the United States as 72.7% 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 36% 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 $254 billion.

The complete list of Act Ii Management, L.P. trades based on 13F SEC filings

These positions were updated on May 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
Viacomcbs Inc	Closed 190,000	$7,974,000
Facebook, Inc.	20.67% 38,768	$6,467,000	19.13%
Take-two Interactive Softwar	Closed 46,200	$5,656,000
Alphabet, Inc.	52.42% 4,280	$4,977,000	14.72%
Liberty Broadband Corp.	24.47% 46,310	$4,955,000	14.66%
Chegg, Inc.	53.94% 138,297	$4,948,000	14.63%
Nexstar Media Group, Inc.	44.94% 55,746	$3,218,000	9.52%
Discovery, Inc.	Closed 100,000	$3,049,000
Iac Interactivecorp	Closed 11,200	$2,790,000
Comcast Corp New	48.28% 75,000	$2,579,000	7.63%
Disney Walt Co	46.46% 23,051	$2,227,000	6.59%
Vonage Hldgs Corp	Closed 294,515	$2,176,000
Lions Gate Entmnt Corp	Closed 165,480	$1,764,000
Verizon Communications, Inc.	No change 30,000	$1,612,000	4.77%
Interxion Holding N.v.	Closed 16,972	$1,422,000
Liberty Media Corp Delaware	No change 39,233	$1,243,000	3.68%
Intelsat S A	Closed 165,000	$1,160,000
Tribune Pub Co New	Closed 80,000	$1,053,000
Gray Television, Inc.	46.78% 90,995	$977,000	2.89%
OUTFRONT Media, Inc.	50.00% 45,000	$607,000	1.80%
Blue Apron Holdings, Inc.	Closed 31,666	$208,000
No transactions found
Showing first 500 out of 21 holdings