Seaport Global Advisors 13F annual report

Seaport Global Advisors is an investment fund managing more than $27.9 billion ran by Mihai Prisacariu. There are currently 42 companies in Mr. Prisacariu’s portfolio. The largest investments include NVIDIA Corp and Meta Platforms Inc, together worth $3.45 billion.

Limited to 30 biggest holdings

$27.9 billion Assets Under Management (AUM)

As of 9th August 2024, Seaport Global Advisors’s top holding is 15,867 shares of NVIDIA Corp currently worth over $1.96 billion and making up 7.0% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Seaport Global Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 2,952 shares of Meta Platforms Inc worth $1.49 billion, whose value grew 13.5% in the past six months. The third-largest holding is Alphabet Inc worth $1.18 billion and the next is MercadoLibre Inc worth $933 million, with 568 shares owned.

Currently, Seaport Global Advisors's portfolio is worth at least $27.9 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 Seaport Global Advisors

The Seaport Global Advisors office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Mihai Prisacariu serves as the Chief Compliance Officer at Seaport Global Advisors.

Recent trades

In the most recent 13F filing, Seaport Global Advisors revealed that it had opened a new position in Vistra Corp and bought 9,495 shares worth $816 million. This means they effectively own approximately 0.1% of the company. Vistra Corp makes up 100.0% of the fund's Utilities sector allocation and has grown its share price by 170.9% in the past year.

The investment fund also strengthened its position in NVIDIA Corp by buying 12,380 additional shares. This makes their stake in NVIDIA Corp total 15,867 shares worth $1.96 billion. NVIDIA Corp dropped 71.7% in the past year.

On the other hand, there are companies that Seaport Global Advisors is getting rid of from its portfolio. Seaport Global Advisors closed its position in Shockwave Med Inc on 16th August 2024. It sold the previously owned 8,898 shares for $2.9 billion. Mihai Prisacariu also disclosed a decreased stake in Meta Platforms Inc by 0.1%. This leaves the value of the investment at $1.49 billion and 2,952 shares.

One of the smallest hedge funds

The two most similar investment funds to Seaport Global Advisors are Hudson Structured Capital Management and Vcu Investment Management Co. They manage $28 billion and $27.7 billion respectively.


Mihai Prisacariu investment strategy

Seaport Global Advisors’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 49.6% of the total portfolio value. The fund focuses on investments in the United States as 69.0% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 2.4% of the portfolio. The average market cap of the portfolio companies is close to $94.9 billion.

The complete list of Seaport Global Advisors trades based on 13F SEC filings

These positions were updated on August 16th 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
Shockwave Med Inc
Closed
8,898
$2,897,456,000
NVIDIA Corp
355.03%
15,867
$1,960,209,000 7.02%
Meta Platforms Inc
13.13%
2,952
$1,488,457,000 5.33%
Wix.com Ltd
Closed
10,770
$1,480,660,000
Ulta Beauty Inc
Closed
2,752
$1,438,966,000
Alphabet Inc
69.97%
6,500
$1,183,975,000 4.24%
Masimo Corp
Closed
7,109
$1,043,957,000
MercadoLibre Inc
23.96%
568
$933,451,000 3.34%
Pegasystems Inc.
83.91%
15,200
$920,056,000 3.30%
Shopify Inc
6.60%
13,672
$903,036,000 3.23%
Natera Inc
Closed
9,746
$891,369,000
Super Micro Computer Inc
61.20%
1,082
$886,537,000 3.18%
Regeneron Pharmaceuticals, Inc.
64.19%
839
$881,814,000 3.16%
Block Inc
Closed
10,243
$866,353,000
Toast, Inc.
18.91%
32,666
$841,803,000 3.01%
Bentley Sys Inc
Closed
15,672
$818,392,000
Chipotle Mexican Grill
4,900.00%
13,050
$817,583,000 2.93%
Vistra Corp
Opened
9,495
$816,380,000 2.92%
KKR & Co. Inc
Opened
7,713
$811,716,000 2.91%
Futu Hldgs Ltd
Closed
14,946
$809,326,000
Oracle Corp.
26.03%
5,635
$795,662,000 2.85%
Twist Bioscience Corp
No change
15,949
$785,967,000 2.81%
Synopsys, Inc.
Opened
1,263
$751,561,000 2.69%
Spotify Technology S.A.
58.35%
2,349
$737,093,000 2.64%
Salesforce Inc
No change
2,715
$698,027,000 2.50%
Clean Harbors, Inc.
Opened
3,044
$688,401,000 2.47%
Monday Com Ltd
Closed
2,993
$676,029,000
Corpay Inc
6.93%
2,470
$658,033,000 2.36%
BILL Holdings Inc
Closed
9,528
$654,764,000
e.l.f. Beauty Inc
52.22%
2,811
$592,334,000 2.12%
Medpace Holdings Inc
Opened
1,421
$585,239,000 2.10%
Resmed Inc.
58.71%
3,005
$575,217,000 2.06%
Madrigal Pharmaceuticals Inc
Closed
2,136
$570,397,000
Monolithic Pwr Sys Inc
5.85%
676
$555,456,000 1.99%
Supernus Pharmaceuticals Inc
Closed
16,069
$548,114,000
Amazon.com Inc.
76.94%
2,774
$536,076,000 1.92%
Paycom Software Inc
Closed
2,633
$523,993,000
Valero Energy Corp.
17.34%
3,232
$506,648,000 1.81%
Penumbra Inc
Closed
2,225
$496,576,000
Crowdstrike Holdings Inc
35.03%
1,289
$493,932,000 1.77%
Cimpress plc
37.99%
5,611
$491,580,000 1.76%
Robinhood Mkts Inc
45.07%
21,411
$486,244,000 1.74%
Palo Alto Networks Inc
32.84%
1,413
$479,021,000 1.72%
Sea Ltd
53.21%
6,413
$458,016,000 1.64%
Full Truck Alliance Co. Ltd.
Closed
61,284
$445,535,000
Arista Networks Inc
62.60%
1,267
$444,058,000 1.59%
Microchip Technology, Inc.
31.66%
4,794
$438,651,000 1.57%
Exact Sciences Corp.
Closed
6,337
$437,633,000
DraftKings Inc.
Opened
11,461
$437,466,000 1.57%
Twilio Inc
46.96%
7,564
$429,711,000 1.54%
Airbnb, Inc.
Opened
2,793
$423,503,000 1.52%
Newmont Corp
Opened
9,942
$416,272,000 1.49%
Solaredge Technologies Inc
Closed
5,781
$410,335,000
Appfolio Inc
Opened
1,630
$398,649,000 1.43%
Fabrinet
Opened
1,581
$387,013,000 1.39%
Coinbase Global Inc
Opened
1,732
$384,902,000 1.38%
MongoDB Inc
Closed
1,059
$379,800,000
Gambling Com Group Limited
No change
46,080
$378,778,000 1.36%
Check Point Software Tech Lt
38.51%
1,950
$321,750,000 1.15%
Mosaic Co New
Closed
6,691
$217,190,000
Veeva Sys Inc
73.73%
768
$140,552,000 0.50%
Veralto Corp
Closed
958
$84,936,000
FirstService Corp
Closed
383
$63,411,000
First Majestic Silver Corporation
Closed
4,174
$24,499,000
No transactions found
Showing first 500 out of 64 holdings