Breakline Capital 13F annual report
Breakline Capital is an investment fund managing more than $91.1 billion ran by Kevin Mccarthy. There are currently 26 companies in Mr. Mccarthy’s portfolio. The largest investments include Dell Technologies Inc and KLA, together worth $13.6 billion.
$91.1 billion Assets Under Management (AUM)
As of 7th February 2023, Breakline Capital’s top holding is 200,185 shares of Dell Technologies Inc currently worth over $8.05 billion and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of Dell Technologies Inc, Breakline Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 14,792 shares of KLA worth $5.58 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Skyworks Solutions worth $5.47 billion and the next is Visa Inc worth $5.05 billion, with 24,314 shares owned.
Currently, Breakline Capital's portfolio is worth at least $91.1 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 Breakline Capital
The Breakline Capital office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kevin Mccarthy serves as the MANAGING MEMBER at Breakline Capital.
Recent trades
In the most recent 13F filing, Breakline Capital revealed that it had opened a new position in
Broadcom and bought 8,552 shares worth $4.78 billion.
This means they effectively own approximately 0.1% of the company.
Broadcom makes up
8.0%
of the fund's Technology sector allocation and has decreased its share price by 22.4% in the past year.
The investment fund also strengthened its position in Dell Technologies Inc by buying
10,882 additional shares.
This makes their stake in Dell Technologies Inc total 200,185 shares worth $8.05 billion.
Dell Technologies Inc dropped 25.9% in the past year.
On the other hand, there are companies that Breakline Capital is getting rid of from its portfolio.
Breakline Capital closed its position in ServiceNow Inc on 14th February 2023.
It sold the previously owned 8,922 shares for $3.37 million.
Kevin Mccarthy also disclosed a decreased stake in Workday Inc by 0.2%.
This leaves the value of the investment at $3.97 billion and 23,725 shares.
One of the average hedge funds
The two most similar investment funds to Breakline Capital are Pine Haven Investment Counsel, Inc and Quarry L.P.. They manage $91 billion and $91 billion respectively.
Kevin Mccarthy investment strategy
Breakline Capital’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 65.5% of
the total portfolio value.
The fund focuses on investments in the United States as
80.8% 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 7.7% of the portfolio.
The average market cap of the portfolio companies is close to $154 billion.
The complete list of Breakline Capital trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Dell Technologies Inc |
5.75%
200,185
|
$8,051,441,000 | 8.84% |
| KLA Corp. |
64.23%
14,792
|
$5,577,028,000 | 6.12% |
| Skyworks Solutions, Inc. |
14.18%
60,001
|
$5,467,891,000 | 6.00% |
| Visa Inc |
96.83%
24,314
|
$5,051,477,000 | 5.55% |
| Broadcom Inc. |
Opened
8,552
|
$4,781,680,000 | 5.25% |
| Palo Alto Networks Inc |
173.95%
33,038
|
$4,610,123,000 | 5.06% |
| Juniper Networks Inc |
11.98%
143,921
|
$4,599,715,000 | 5.05% |
| Ishares Tr |
11.25%
17,451
|
$4,464,838,000 | 4.90% |
| Analog Devices Inc. |
Opened
25,785
|
$4,229,514,000 | 4.64% |
| T-Mobile US, Inc. |
39.34%
28,824
|
$4,035,360,000 | 4.43% |
| Netflix Inc. |
32.70%
13,530
|
$3,989,726,000 | 4.38% |
| Workday Inc |
22.69%
23,725
|
$3,969,904,000 | 4.36% |
| Jabil Inc |
4.24%
57,565
|
$3,925,933,000 | 4.31% |
| CIENA Corp. |
24.16%
70,557
|
$3,596,996,000 | 3.95% |
| Advanced Micro Devices Inc. |
14.19%
49,793
|
$3,225,093,000 | 3.54% |
| Stmicroelectronics N V |
4.69%
89,649
|
$3,188,815,000 | 3.50% |
| Microsoft Corporation |
26.64%
12,180
|
$2,921,008,000 | 3.21% |
| Comcast Corp New |
Opened
70,961
|
$2,481,506,000 | 2.72% |
| Fox Corporation |
30.92%
81,274
|
$2,468,291,000 | 2.71% |
| Pure Storage Inc |
Opened
79,706
|
$2,132,933,000 | 2.34% |
| Marvell Technology Inc |
49.03%
52,506
|
$1,944,822,000 | 2.13% |
| Applied Matls Inc |
25.20%
18,333
|
$1,785,268,000 | 1.96% |
| Oracle Corp. |
Opened
21,471
|
$1,755,040,000 | 1.93% |
| Tenable Holdings Inc |
52.81%
34,607
|
$1,320,257,000 | 1.45% |
| Intuit Inc |
Opened
2,647
|
$1,030,265,000 | 1.13% |
| Snowflake Inc. |
Opened
3,431
|
$492,486,000 | 0.54% |
| ServiceNow Inc |
Closed
8,922
|
$3,369,000 | |
| Salesforce Inc |
Closed
20,196
|
$2,905,000 | |
| Netapp Inc |
Closed
40,196
|
$2,486,000 | |
| Motorola Solutions Inc |
Closed
10,588
|
$2,371,000 | |
| Texas Instrs Inc |
Closed
15,000
|
$2,322,000 | |
| Booking Holdings Inc |
Closed
1,373
|
$2,256,000 | |
| Western Digital Corp. |
Closed
63,725
|
$2,074,000 | |
| Arista Networks Inc |
Closed
17,308
|
$1,954,000 | |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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