Point Break Capital Management 13F annual report
Point Break Capital Management is an investment fund managing more than $92.1 billion ran by Leonardo Gomez. There are currently 15 companies in Mr. Gomez’s portfolio. The largest investments include Caesars Entertainment Inc Ne and Alphabet Inc, together worth $54.7 billion.
$92.1 billion Assets Under Management (AUM)
As of 7th August 2024, Point Break Capital Management’s top holding is 1,220,928 shares of Caesars Entertainment Inc Ne currently worth over $48.5 billion and making up 52.7% of the portfolio value.
In addition, the fund holds 34,150 shares of Alphabet Inc worth $6.22 billion, whose value grew 12.8% in the past six months.
The third-largest holding is Microsoft worth $5.77 billion and the next is Amazon.com worth $5.22 billion, with 27,017 shares owned.
Currently, Point Break Capital Management's portfolio is worth at least $92.1 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 Point Break Capital Management
The Point Break Capital Management office and employees reside in Miami, Florida. According to the last 13-F report filed with the SEC, Leonardo Gomez serves as the Authorized Signatory at Point Break Capital Management.
Recent trades
In the most recent 13F filing, Point Break Capital Management revealed that it had opened a new position in
Microsoft and bought 12,900 shares worth $5.77 billion.
This means they effectively own approximately 0.1% of the company.
Microsoft makes up
32.7%
of the fund's Technology sector allocation and has grown its share price by 27.8% in the past year.
The investment fund also strengthened its position in Caesars Entertainment Inc Ne by buying
51,100 additional shares.
This makes their stake in Caesars Entertainment Inc Ne total 1,220,928 shares worth $48.5 billion.
On the other hand, there are companies that Point Break Capital Management is getting rid of from its portfolio.
Point Break Capital Management closed its position in Ishares Inc on 14th August 2024.
It sold the previously owned 138,928 shares for $8.17 billion.
Leonardo Gomez also disclosed a decreased stake in Ishares Inc by 0.4%.
This leaves the value of the investment at $2.83 billion and 41,435 shares.
Leonardo Gomez investment strategy
Point Break Capital Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 19.1% of
the total portfolio value.
The fund focuses on investments in the United States as
53.3% 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
60% 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 $491 billion.
The complete list of Point Break 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 |
|---|---|---|---|
| Caesars Entertainment Inc Ne |
4.37%
1,220,928
|
$48,519,679,000 | 52.68% |
| Ishares Inc |
Closed
138,928
|
$8,170,912,000 | |
| Alphabet Inc |
83.60%
34,150
|
$6,220,423,000 | 6.75% |
| Microsoft Corporation |
Opened
12,900
|
$5,765,655,000 | 6.26% |
| Amazon.com Inc. |
48.84%
27,017
|
$5,221,035,000 | 5.67% |
| Eli Lilly & Co |
83.30%
4,401
|
$3,984,577,000 | 4.33% |
| Meta Platforms Inc |
33.66%
6,830
|
$3,443,823,000 | 3.74% |
| UBS Group AG |
22.76%
102,927
|
$3,040,464,000 | 3.30% |
| Shift4 Pmts Inc |
Opened
38,890
|
$2,852,582,000 | 3.10% |
| Asml Holding N V |
Opened
2,770
|
$2,832,962,000 | 3.08% |
| Ishares Inc |
35.76%
41,435
|
$2,827,524,000 | 3.07% |
| Pinterest Inc |
No change
50,000
|
$2,203,500,000 | 2.39% |
| S&P Global Inc |
83.33%
4,939
|
$2,202,794,000 | 2.39% |
| Goldman Sachs Group, Inc. |
83.44%
2,968
|
$1,342,486,000 | 1.46% |
| Invesco Exch Traded Fd Tr Ii |
Closed
18,800
|
$1,008,808,000 | |
| Alibaba Group Hldg Ltd |
No change
11,860
|
$853,920,000 | 0.93% |
| Visa Inc |
Opened
3,000
|
$787,410,000 | 0.85% |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||
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