Falcon Point Capital 13F annual report
Falcon Point Capital is an investment fund managing more than $11.1 million ran by Michael Mahoney. There are currently 42 companies in Mr. Mahoney’s portfolio. The largest investments include Costar and RingCentral, together worth $966 thousand.
$11.1 million Assets Under Management (AUM)
As of 22nd January 2021, Falcon Point Capital’s top holding is 548 shares of Costar currently worth over $507 thousand and making up 4.6% of the portfolio value.
Relative to the number of outstanding shares of Costar, Falcon Point Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 1,210 shares of RingCentral worth $459 thousand, whose value grew 30.5% in the past six months.
The third-largest holding is NeoGames S.A worth $437 thousand and the next is Five9 Inc worth $417 thousand, with 2,392 shares owned.
Currently, Falcon Point Capital's portfolio is worth at least $11.1 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 Falcon Point Capital
The Falcon Point Capital office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Michael Mahoney serves as the Sr. Managing Director at Falcon Point Capital.
Recent trades
In the most recent 13F filing, Falcon Point Capital revealed that it had opened a new position in
NeoGames S.A and bought 11,500 shares worth $437 thousand.
This means they effectively own approximately 0.1% of the company.
NeoGames S.A makes up
68.1%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Taiwan Semiconductor Adr by buying
271 additional shares.
This makes their stake in Taiwan Semiconductor Adr total 3,133 shares worth $342 thousand.
On the other hand, there are companies that Falcon Point Capital is getting rid of from its portfolio.
Falcon Point Capital closed its position in Alibaba Group (adr) on 29th January 2021.
It sold the previously owned 936 shares for $275 thousand.
Michael Mahoney also disclosed a decreased stake in Costar by approximately 0.1%.
This leaves the value of the investment at $507 thousand and 548 shares.
One of the smallest hedge funds
The two most similar investment funds to Falcon Point Capital are Travelers Companies, Inc and Ramsey Quantitative Systems. They manage $11.2 million and $10.9 million respectively.
Michael Mahoney investment strategy
Falcon Point Capital’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 31.5% of
the total portfolio value.
The fund focuses on investments in the United States as
61.9% 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
45% 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 $214 billion.
The complete list of Falcon Point Capital trades based on 13F SEC filings
These positions were updated on January 29th 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 |
|---|---|---|---|
| Costar Group, Inc. |
3.01%
548
|
$507,000 | 4.55% |
| RingCentral Inc. |
38.98%
1,210
|
$459,000 | 4.12% |
| NeoGames S.A. |
Opened
11,500
|
$437,000 | 3.92% |
| Five9 Inc |
19.13%
2,392
|
$417,000 | 3.74% |
| Qualcomm, Inc. |
Opened
2,389
|
$364,000 | 3.27% |
| Taiwan Semiconductor Adr |
9.47%
3,133
|
$342,000 | 3.07% |
| Iivi Inc. |
Opened
4,466
|
$339,000 | 3.04% |
| Dycom Industries, Inc. |
10.57%
4,376
|
$330,000 | 2.96% |
| Visa Inc - Class A Shares |
9.57%
1,488
|
$325,000 | 2.92% |
| Avalara Inc |
Opened
1,949
|
$321,000 | 2.88% |
| NVIDIA Corp |
27.24%
601
|
$314,000 | 2.82% |
| Fiverr International Ltd |
22.39%
1,563
|
$305,000 | 2.74% |
| Northern Technologies |
Opened
28,519
|
$301,000 | 2.70% |
| Diamond Hill Investment Group, Inc. |
Opened
1,970
|
$294,000 | 2.64% |
| Horizon Therapeutics Plc |
4.46%
3,980
|
$291,000 | 2.61% |
| Quanta Services, Inc. |
Opened
4,022
|
$290,000 | 2.60% |
| Mastercard Incorporated |
7.45%
808
|
$288,000 | 2.59% |
| Alibaba Group (adr) |
Closed
936
|
$275,000 | |
| LiveRamp Holdings Inc |
42.32%
3,464
|
$254,000 | 2.28% |
| Dynatrace Inc |
4.99%
5,822
|
$252,000 | 2.26% |
| Agnico-eagle Mines Limited |
12.38%
3,539
|
$250,000 | 2.24% |
| XPO Logistics Inc |
Opened
2,088
|
$249,000 | 2.24% |
| Spdr Gold Shares |
Closed
1,390
|
$246,000 | |
| Micron Technology Inc. |
Opened
3,100
|
$233,000 | 2.09% |
| Paylocity Holding Corp |
Opened
1,132
|
$233,000 | 2.09% |
| Delta Airlines |
Opened
5,800
|
$233,000 | 2.09% |
| Apple Inc |
Opened
1,750
|
$232,000 | 2.08% |
| Barrett Business Services Inc. |
Opened
3,382
|
$231,000 | 2.07% |
| Pan American Silver Corp |
Opened
6,600
|
$228,000 | 2.05% |
| Microsoft Corporation |
21.28%
1,021
|
$227,000 | 2.04% |
| First Horizon Corporation |
No change
8,000
|
$226,000 | 2.03% |
| Pinterest Inc |
Opened
3,400
|
$224,000 | 2.01% |
| Caesars Entertainment Corporat |
Opened
3,000
|
$223,000 | 2.00% |
| D.r. Horton Inc. |
9.48%
3,175
|
$219,000 | 1.97% |
| Apollo Global Management Llc 6 |
No change
8,000
|
$216,000 | 1.94% |
| Amazon.com Inc. |
7.04%
66
|
$215,000 | 1.93% |
| Wintrust Financial Corp. |
Closed
8,000
|
$214,000 | |
| Limelight Networks Inc |
Closed
36,951
|
$213,000 | |
| Advanced Micro Devices Inc. |
Opened
2,313
|
$212,000 | 1.90% |
| Livongo Health, Inc. |
Closed
1,501
|
$210,000 | |
| NVR Inc. |
Opened
51
|
$208,000 | 1.87% |
| Vonage Holdings Corp |
14.21%
15,951
|
$205,000 | 1.84% |
| NetFlix Inc |
Closed
405
|
$203,000 | |
| TravelCenters of America Inc |
No change
8,000
|
$203,000 | 1.82% |
| Autoliv Inc. |
Opened
2,182
|
$201,000 | 1.80% |
| DraftKings Inc. |
Closed
3,400
|
$200,000 | |
| Alamos Gold Inc. |
Closed
20,286
|
$179,000 | |
| Boingo Wireless Inc |
Closed
17,009
|
$173,000 | |
| Aspen Group Inc |
Closed
12,369
|
$138,000 | |
| Lincoln Educational Services Corp |
38.69%
20,110
|
$131,000 | 1.18% |
| Spartan Acquisition Ii Corp |
Opened
10,000
|
$108,000 | 0.97% |
| Universal Technical Institute Inc |
Closed
15,419
|
$78,000 | |
| Helca Mining Co |
Closed
12,875
|
$65,000 | |
| Nokia Corp. (adr) |
Closed
16,065
|
$63,000 | |
| Petroquest Energy Inc. |
No change
11,910
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 55 holdings | |||
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