Coronation Fund Managers 13F annual report

Coronation Fund Managers is an investment fund managing more than $1.73 trillion ran by Mark Barratt. There are currently 58 companies in Mr. Barratt’s portfolio. The largest investments include Grab Holdings Limited and PDD Inc, together worth $209 billion.

Limited to 30 biggest holdings

$1.73 trillion Assets Under Management (AUM)

As of 28th August 2024, Coronation Fund Managers’s top holding is 30,293,144 shares of Grab Holdings Limited currently worth over $108 billion and making up 6.2% of the portfolio value. In addition, the fund holds 762,647 shares of PDD Inc worth $101 billion, whose value fell 20.0% in the past six months. The third-largest holding is Nu Hldgs Ltd worth $96.4 billion and the next is MercadoLibre Inc worth $87.6 billion, with 53,295 shares owned.

Currently, Coronation Fund Managers's portfolio is worth at least $1.73 trillion. 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 Coronation Fund Managers

The Coronation Fund Managers office and employees reside in Cape Town, South Africa. According to the last 13-F report filed with the SEC, Mark Barratt serves as the Head of Global Risk and Compliance at Coronation Fund Managers.

Recent trades

In the most recent 13F filing, Coronation Fund Managers revealed that it had opened a new position in Despegar.com Corp and bought 1,053,338 shares worth $13.9 billion. This means they effectively own approximately 0.1% of the company. Despegar.com Corp makes up 4.0% of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Nu Hldgs Ltd by buying 122,099 additional shares. This makes their stake in Nu Hldgs Ltd total 7,477,178 shares worth $96.4 billion.

On the other hand, there are companies that Coronation Fund Managers is getting rid of from its portfolio. Coronation Fund Managers closed its position in Uber Technologies Inc on 4th September 2024. It sold the previously owned 877,238 shares for $67.5 billion. Mark Barratt also disclosed a decreased stake in Grab Holdings Limited by 0.1%. This leaves the value of the investment at $108 billion and 30,293,144 shares.

One of the largest hedge funds

The two most similar investment funds to Coronation Fund Managers are Soma Equity Partners L.P. and Darlington Partners Capital Management, L.P.. They manage $1.74 trillion and $1.73 trillion respectively.


Mark Barratt investment strategy

Coronation Fund Managers’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 20.3% of the total portfolio value. The fund focuses on investments in the United States as 37.9% 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 48% 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 $187 billion.

The complete list of Coronation Fund Managers trades based on 13F SEC filings

These positions were updated on September 4th 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
Grab Holdings Limited
13.55%
30,293,144
$107,540,661,000 6.20%
PDD Holdings Inc
43.69%
762,647
$101,393,919,000 5.85%
Nu Hldgs Ltd
1.66%
7,477,178
$96,380,824,000 5.56%
MercadoLibre Inc
9.94%
53,295
$87,585,003,000 5.05%
Melco Resorts And Entmnt Ltd
14.76%
11,366,611
$84,794,919,000 4.89%
Sendas Distribuidora S A
23.63%
7,441,629
$69,207,150,000 3.99%
Uber Technologies Inc
Closed
877,238
$67,538,554,000
Expedia Group Inc
Closed
429,449
$59,156,600,000
Canadian Pacific Kansas City
46.34%
711,045
$55,980,573,000 3.23%
Sea Ltd
26.63%
778,065
$55,569,403,000 3.21%
Alight Inc.
Closed
5,608,008
$55,238,879,000
Amazon.com Inc.
64.93%
267,377
$51,670,605,000 2.98%
AngloGold Ashanti Plc.
8.32%
2,018,282
$50,719,427,000 2.93%
DoorDash Inc
Closed
362,251
$49,889,207,000
Alphabet Inc
57.90%
263,500
$47,996,525,000 2.77%
Interactive Brokers Group In
59.38%
380,690
$46,672,594,000 2.69%
Elevance Health Inc
54.71%
85,692
$46,433,067,000 2.68%
Kaspi Kz Jsc
7.23%
350,873
$45,266,126,000 2.61%
Tencent Music Entmt Group
2.50%
3,063,852
$43,047,121,000 2.48%
Coupang, Inc.
25.06%
2,014,705
$42,208,070,000 2.43%
Meta Platforms Inc
47.71%
83,685
$42,195,651,000 2.43%
Icici Bank Limited
21.00%
1,413,350
$40,718,613,000 2.35%
Schwab Charles Corp
63.12%
503,494
$37,102,473,000 2.14%
Visa Inc
54.41%
138,622
$36,384,116,000 2.10%
Lpl Finl Hldgs Inc
56.65%
129,255
$36,100,921,000 2.08%
Philip Morris International Inc
8.52%
347,939
$35,256,659,000 2.03%
Canadian Natl Ry Co
56.18%
298,033
$35,206,638,000 2.03%
StoneCo Ltd
4.64%
2,562,394
$30,723,105,000 1.77%
Fomento Economico Mexicano S
38.88%
248,643
$26,766,419,000 1.54%
Booking Holdings Inc
47.19%
6,297
$24,945,566,000 1.44%
Unitedhealth Group Inc
50.36%
46,236
$23,546,145,000 1.36%
Global Pmts Inc
35.82%
243,279
$23,525,079,000 1.36%
Warner Bros.Discovery Inc
37.04%
3,086,174
$22,961,135,000 1.32%
Spotify Technology S.A.
69.41%
72,800
$22,843,912,000 1.32%
Thermo Fisher Scientific Inc.
48.36%
40,098
$22,174,194,000 1.28%
Smartsheet Inc
67.75%
499,889
$22,035,107,000 1.27%
Ashland Inc
Closed
217,590
$21,186,738,000
Tapestry Inc
68.27%
481,427
$20,600,262,000 1.19%
Salesforce Inc
Closed
67,518
$20,335,072,000
Disney Walt Co
Closed
157,955
$19,327,374,000
Tko Group Holdings Inc
Closed
221,069
$19,102,573,000
Ryanair Holdings Plc
73.21%
160,914
$18,736,826,000 1.08%
Wabtec
Closed
123,288
$17,960,596,000
Microsoft Corporation
52.39%
39,169
$17,506,584,000 1.01%
Corteva Inc
Closed
293,745
$16,940,274,000
Graphic Packaging Hldg Co
Closed
561,171
$16,374,970,000
Kinder Morgan Inc
13.22%
803,657
$15,968,665,000 0.92%
Keurig Dr Pepper Inc
Closed
480,945
$14,750,584,000
Despegar.com Corp
Opened
1,053,338
$13,935,662,000 0.80%
Q2 Holdings Inc
Closed
261,501
$13,744,492,000
HDFC Bank Ltd.
54.71%
213,060
$13,706,150,000 0.79%
Zillow Group Inc
7.15%
273,408
$12,683,397,000 0.73%
DraftKings Inc.
Closed
277,292
$12,591,830,000
Revvity Inc.
52.79%
119,793
$12,561,494,000 0.72%
TotalEnergies SE
Closed
174,168
$11,987,983,000
Apollo Global Mgmt Inc
Closed
105,151
$11,824,230,000
Louisiana Pac Corp
Closed
139,744
$11,725,919,000
Liberty Media Corp.
Closed
178,328
$11,698,317,000
Okta Inc
Closed
111,522
$11,667,432,000
Wyndham Hotels & Resorts Inc
Closed
151,510
$11,628,393,000
Infosys Ltd
55.88%
612,930
$11,412,757,000 0.66%
Dave & Busters Entmt Inc
71.65%
285,045
$11,347,641,000 0.65%
Five9 Inc
Closed
179,638
$11,157,316,000
Performance Food Group Company
Closed
148,118
$11,055,527,000
Morningstar Inc
Closed
35,811
$11,043,038,000
CDW Corp
Closed
41,169
$10,530,206,000
Varonis Sys Inc
Closed
219,316
$10,345,136,000
Equity Residential
12.29%
146,775
$10,177,379,000 0.59%
Camden Ppty Tr
52.83%
93,100
$10,158,141,000 0.59%
Bloomin Brands Inc
Closed
353,977
$10,152,061,000
NetEase Inc
Opened
104,783
$10,015,159,000 0.58%
Eog Res Inc
Closed
77,901
$9,958,864,000
Cf Inds Hldgs Inc
Closed
118,377
$9,850,151,000
Avidxchange Holdings Inc
Closed
748,459
$9,842,236,000
Yum China Holdings Inc
Closed
234,866
$9,345,318,000
Pinterest Inc
Closed
265,647
$9,209,981,000
Berry Global Group Inc
Closed
147,265
$8,906,587,000
General Electric Co
Closed
48,812
$8,567,970,000
Charter Communications Inc N
Closed
29,420
$8,550,335,000
Sentinelone Inc
Closed
365,792
$8,526,612,000
Crown Castle Inc
Closed
78,284
$8,284,796,000
Alibaba Group Hldg Ltd
Closed
113,028
$8,178,707,000
Capri Holdings Limited
Closed
178,623
$8,091,622,000
Discover Finl Svcs
Closed
60,737
$7,962,013,000
Block Inc
Opened
116,798
$7,532,303,000 0.43%
Skechers U S A, Inc.
37.57%
104,219
$7,203,618,000 0.42%
Quanta Svcs Inc
Closed
26,999
$7,014,341,000
Monday Com Ltd
Closed
30,987
$6,999,034,000
CBRE Group Inc
Closed
70,531
$6,858,435,000
CRH Plc
Closed
77,404
$6,676,869,000
Lennar Corp.
Closed
37,888
$6,515,978,000
Asbury Automotive Group Inc
Closed
27,370
$6,453,299,000
Sensata Technologies Hldg Pl
Closed
172,093
$6,322,696,000
Red Rock Resorts Inc
Closed
104,513
$6,251,968,000
Fortive Corp
Closed
71,703
$6,167,892,000
Five Below Inc
Closed
33,530
$6,081,671,000
Ferguson Plc New
Closed
27,825
$6,077,815,000
Brookfield Renewable Partner
Closed
253,174
$5,881,232,000
KKR & Co. Inc
39.95%
54,490
$5,734,528,000 0.33%
Hilton Worldwide Holdings Inc
Closed
26,615
$5,677,245,000
Alphabet Inc
Closed
37,191
$5,662,701,000
Progressive Corp.
Closed
27,221
$5,629,848,000
Travel Plus Leisure Co
Closed
107,824
$5,279,063,000
Tempur Sealy International Inc
Closed
92,157
$5,236,361,000
Taiwan Semiconductor Mfg Ltd
94.39%
28,527
$4,958,278,000 0.29%
Crown Holdings, Inc.
Closed
62,289
$4,937,026,000
Advanced Micro Devices Inc.
Closed
25,982
$4,689,491,000
Lions Gate Entmnt Corp
Closed
840,965
$8,046,852,000
Camping World Holdings Inc
Closed
160,159
$4,460,428,000
Teck Resources Ltd
Closed
93,892
$4,298,376,000
Brown & Brown, Inc.
Closed
46,054
$4,031,567,000
First Ctzns Bancshares Inc N
No change
2,188
$3,683,739,000 0.21%
Live Nation Entertainment In
Closed
34,519
$3,651,075,000
JD.com Inc
Closed
130,044
$3,561,905,000
Jacobs Solutions Inc
Closed
21,858
$3,360,231,000
Signet Jewelers Limited
Closed
32,682
$3,270,488,000
Air Prods & Chems Inc
Closed
13,087
$3,170,587,000
Mastercard Incorporated
86.09%
7,159
$3,158,264,000 0.18%
Novo-nordisk A S
Closed
24,494
$3,145,030,000
Brookfield Infrast Partners
Closed
97,038
$3,028,556,000
Martin Marietta Matls Inc
Closed
4,926
$3,024,268,000
Group 1 Automotive, Inc.
Closed
10,197
$2,979,869,000
Autonation Inc.
Closed
16,214
$2,684,714,000
Workday Inc
Closed
9,146
$2,494,572,000
Wix.com Ltd
Closed
15,094
$2,075,123,000
Sherwin-Williams Co.
Closed
5,892
$2,046,468,000
Starbucks Corp.
Opened
26,247
$2,043,329,000 0.12%
Valaris Ltd
Closed
23,903
$1,798,940,000
Intercontinental Exchange In
9.82%
13,036
$1,784,498,000 0.10%
S&P Global Inc
53.44%
3,917
$1,746,982,000 0.10%
Noble Corp Plc
Closed
34,455
$1,670,723,000
Illumina Inc
Closed
12,148
$1,668,164,000
Godaddy Inc
Closed
13,699
$1,625,797,000
Avalonbay Cmntys Inc
Closed
8,711
$1,616,413,000
On Hldg Ag
Closed
44,436
$1,572,145,000
Marriott Vacations Worldwide Corp
Closed
14,149
$1,524,272,000
CSX Corp.
Closed
39,865
$1,477,796,000
DocuSign Inc
Closed
23,202
$1,381,679,000
Shift4 Pmts Inc
Opened
18,792
$1,378,393,000 0.08%
Patria Investments Limited
Closed
92,688
$1,375,490,000
American Intl Group Inc
Closed
17,483
$1,366,646,000
Autodesk Inc.
Closed
4,972
$1,294,808,000
Mettler-Toledo International, Inc.
Closed
940
$1,251,413,000
Danaher Corp.
Closed
4,919
$1,228,372,000
Teledyne Technologies Inc
Closed
2,671
$1,146,714,000
Adobe Inc
Closed
2,030
$1,024,338,000
Youdao, Inc.
Closed
243,361
$978,311,000
Shell Plc
Closed
14,133
$947,476,000
Us Foods Hldg Corp
Closed
17,361
$936,973,000
Agilent Technologies Inc.
Closed
4,748
$690,881,000
Knight-swift Transn Hldgs In
Closed
7,792
$428,715,000
Perrigo Co Plc
Closed
11,931
$384,059,000
Union Pac Corp
Closed
1,415
$347,991,000
Controladora Vuela Comp De A
Closed
42,356
$314,282,000
CME Group Inc
Opened
1,593
$313,184,000 0.02%
Copa Holdings Sa
Closed
2,763
$287,794,000
Makemytrip Limited Mauritius
99.39%
2,493
$209,662,000 0.01%
Automatic Data Processing In
17.25%
844
$201,454,000 0.01%
Caremax Inc
Closed
41,646
$200,734,000
Azul S.A.
Closed
24,961
$193,947,000
Dlocal Ltd
Closed
12,796
$188,101,000
Haleon Plc
Closed
21,842
$185,439,000
No transactions found
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