Vilas Fund, L.P. 13F annual report
Vilas Fund, L.P. is an investment fund managing more than $74.3 million ran by John Thompson. There are currently 24 companies in Mr. Thompson’s portfolio. The largest investments include CVS Health and Viacom Inc, together worth $25.2 million.
$74.3 million Assets Under Management (AUM)
As of 7th October 2020, Vilas Fund, L.P.’s top holding is 226,634 shares of CVS Health currently worth over $14.3 million and making up 19.2% of the portfolio value.
Relative to the number of outstanding shares of CVS Health, Vilas Fund, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 452,000 shares of Viacom Inc worth $10.9 million.
The third-largest holding is Walgreens Boots Alliance worth $6.97 million and the next is Cigna worth $4.86 million, with 32,000 shares owned.
Currently, Vilas Fund, L.P.'s portfolio is worth at least $74.3 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 Vilas Fund, L.P.
The Vilas Fund, L.P. office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, John Thompson serves as the CEO at Vilas Fund, L.P..
Recent trades
In the most recent 13F filing, Vilas Fund, L.P. revealed that it had opened a new position in
Cigna and bought 32,000 shares worth $4.86 million.
This means they effectively own approximately 0.1% of the company.
Cigna makes up
23.0%
of the fund's Health Care sector allocation and has grown its share price by 15.2% in the past year.
The investment fund also strengthened its position in Viacom Inc by buying
248,000 additional shares.
This makes their stake in Viacom Inc total 452,000 shares worth $10.9 million.
On the other hand, there are companies that Vilas Fund, L.P. is getting rid of from its portfolio.
Vilas Fund, L.P. closed its position in McKesson on 14th November 2019.
It sold the previously owned 10,000 shares for $1.34 million.
John Thompson also disclosed a decreased stake in CVS Health by 0.2%.
This leaves the value of the investment at $14.3 million and 226,634 shares.
One of the smallest hedge funds
The two most similar investment funds to Vilas Fund, L.P. are Rhs and Sippican Capital Advisors. They manage $74.3 million and $74.2 million respectively.
John Thompson investment strategy
Vilas Fund, L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Health Care — making up 28.4% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $40.7 billion.
The complete list of Vilas Fund, L.P. trades based on 13F SEC filings
These positions were updated on November 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 |
|---|---|---|---|
| CVS Health Corp. |
23.95%
226,634
|
$14,294,000 | 19.24% |
| Viacom Inc |
121.57%
452,000
|
$10,862,000 | 14.62% |
| Walgreens Boots Alliance, Inc. |
14.86%
126,000
|
$6,969,000 | 9.38% |
| Cigna Corp. |
Opened
32,000
|
$4,857,000 | 6.54% |
| Honda Motor Co., Ltd. |
19.23%
168,000
|
$4,381,000 | 5.90% |
| Lincoln National Corp Ind |
27.24%
68,200
|
$4,114,000 | 5.54% |
| Citigroup, Inc. |
No change
50,000
|
$3,454,000 | 4.65% |
| NMI Holdings, Inc. |
68.72%
104,000
|
$2,731,000 | 3.68% |
| State Street Corp. |
12.73%
38,400
|
$2,273,000 | 3.06% |
| MGIC Investment Corp. |
15.89%
180,000
|
$2,264,000 | 3.05% |
| Morgan Stanley |
No change
50,000
|
$2,134,000 | 2.87% |
| Air Lease Corp. |
30.56%
50,000
|
$2,091,000 | 2.81% |
| Wells Fargo Co |
50.00%
40,000
|
$2,018,000 | 2.72% |
| UBS Group AG |
4.99%
160,000
|
$1,810,000 | 2.44% |
| AbbVie, Inc. |
Opened
22,000
|
$1,666,000 | 2.24% |
| The Goldman Sachs Group, Inc. |
20.00%
8,000
|
$1,658,000 | 2.23% |
| Barclays Plc |
4.00%
208,000
|
$1,527,000 | 2.06% |
| McKesson Corp. |
Closed
10,000
|
$1,344,000 | |
| Alphabet, Inc. |
Closed
1,200
|
$1,297,000 | |
| MetLife, Inc. |
14.29%
24,000
|
$1,132,000 | 1.52% |
| The Kraft Heinz Co. |
Closed
36,000
|
$1,117,000 | |
| Bank Of Amer Corp |
20.00%
32,000
|
$933,000 | 1.26% |
| Prudential Financial, Inc. |
Opened
10,000
|
$900,000 | 1.21% |
| FedEx Corp. |
200.00%
6,000
|
$873,000 | 1.18% |
| Royal Bank of Scotland Group Plc |
14.29%
160,000
|
$816,000 | 1.10% |
| Mitsubishi UFJ Financial Group, Inc. |
Closed
100,000
|
$475,000 | |
| Cardinal Health, Inc. |
Closed
10,000
|
$471,000 | |
| Transocean Ltd. |
Closed
60,000
|
$385,000 | |
| Bausch Health Cos., Inc. |
16.67%
14,000
|
$306,000 | 0.41% |
| Fiat Chrysler Automobiles |
Closed
20,000
|
$276,000 | |
| Genworth Financial, Inc. |
Closed
62,000
|
$230,000 | |
| Clearbridge Mlp And Midstrm |
Opened
20,000
|
$228,000 | 0.31% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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