Indaba Capital Management, L.P. 13F annual report

Indaba Capital Management, L.P. is an investment fund managing more than $92 billion ran by Zac Rosenberg. There are currently 3 companies in Rosenberg’s portfolio. The largest investments include Equity Comwlth and ON24, together worth $77.9 billion.

$92 billion Assets Under Management (AUM)

As of 7th August 2024, Indaba Capital Management, L.P.’s top holding is 2,700,000 shares of Equity Comwlth currently worth over $52.4 billion and making up 56.9% of the portfolio value. In addition, the fund holds 4,240,256 shares of ON24 worth $25.5 billion, whose value fell 26.6% in the past six months. The third-largest holding is BlackLine Inc worth $14.1 billion.

Currently, Indaba Capital Management, L.P.'s portfolio is worth at least $92 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 Indaba Capital Management, L.P.

The Indaba Capital Management, L.P. office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Zac Rosenberg serves as the Chief Compliance Officer at Indaba Capital Management, L.P..

Recent trades

In the most recent 13F filing, Indaba Capital Management, L.P. revealed that it had opened a new position in Equity Comwlth and bought 2,700,000 shares worth $52.4 billion.

On the other hand, there are companies that Indaba Capital Management, L.P. is getting rid of from its portfolio. Indaba Capital Management, L.P. closed its position in Snap One Holdings Corp on 14th August 2024. It sold the previously owned 3,109,281 shares for $26.8 billion.

One of the smallest hedge funds

The two most similar investment funds to Indaba Capital Management, L.P. are Cyr and Point Break Capital Management. They manage $92 billion and $92.1 billion respectively.

Zac Rosenberg investment strategy

Indaba Capital Management, L.P.’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 43.1% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 approximately 0.1% 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 $2.31 billion.

The complete list of Indaba Capital Management, L.P. 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
Equity Comwlth	Opened 2,700,000	$52,380,000,000	56.93%
Snap One Holdings Corp	Closed 3,109,281	$26,802,002,000
ON24, Inc.	No change 4,240,256	$25,483,939,000	27.70%
Standard BioTools Inc	Closed 7,363,064	$19,953,903,000
BlackLine Inc	Opened 292,000	$14,147,400,000	15.38%
No transactions found
Showing first 500 out of 5 holdings