Allen Operations 13F annual report
Allen Operations is an investment fund managing more than $511 billion ran by Isaac Keschner. There are currently 31 companies in Mr. Keschner’s portfolio. The largest investments include Acuity Brands and Comcast Corp New, together worth $124 billion.
$511 billion Assets Under Management (AUM)
As of 1st August 2024, Allen Operations’s top holding is 344,100 shares of Acuity Brands currently worth over $83.1 billion and making up 16.3% of the portfolio value.
Relative to the number of outstanding shares of Acuity Brands, Allen Operations owns more than approximately 0.1% of the company.
In addition, the fund holds 1,043,202 shares of Comcast Corp New worth $40.9 billion.
The third-largest holding is Microsoft worth $39.5 billion and the next is Schwab Charles Corp worth $37.1 billion, with 502,815 shares owned.
Currently, Allen Operations's portfolio is worth at least $511 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 Allen Operations
The Allen Operations office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Isaac Keschner serves as the Vice President at Allen Operations.
Recent trades
In the most recent 13F filing, Allen Operations revealed that it had opened a new position in
Tempus Ai Inc and bought 109,459 shares worth $3.83 billion.
The investment fund also strengthened its position in Alphabet Inc by buying
9 additional shares.
This makes their stake in Alphabet Inc total 240,510 shares worth $44 billion.
Alphabet Inc soared 21.9% in the past year.
On the other hand, there are companies that Allen Operations is getting rid of from its portfolio.
Allen Operations closed its position in Coinbase Global Inc on 8th August 2024.
It sold the previously owned 790 shares for $209 million.
Isaac Keschner also disclosed a decreased stake in Vimeo Inc by approximately 0.1%.
This leaves the value of the investment at $521 million and 136,583 shares.
One of the average hedge funds
The two most similar investment funds to Allen Operations are Elk River Wealth Management and Moody Aldrich Partners. They manage $511 billion and $511 billion respectively.
Isaac Keschner investment strategy
Allen Operations’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 50.8% of
the total portfolio value.
The fund focuses on investments in the United States as
58.1% 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
39% 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 $286 billion.
The complete list of Allen Operations trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Acuity Brands, Inc. |
No change
344,100
|
$83,079,504,000 | 16.26% |
| Comcast Corp New |
No change
1,043,202
|
$40,851,790,000 | 7.99% |
| Microsoft Corporation |
No change
88,383
|
$39,502,782,000 | 7.73% |
| Schwab Charles Corp |
No change
502,815
|
$37,052,437,000 | 7.25% |
| Palantir Technologies Inc. |
No change
1,456,568
|
$36,894,867,000 | 7.22% |
| Mastercard Incorporated |
No change
65,553
|
$28,919,361,000 | 5.66% |
| Alphabet Inc |
0.00%
240,510
|
$44,006,801,000 | 8.61% |
| Aurora Innovation Inc |
No change
10,385,096
|
$28,766,716,000 | 5.63% |
| Berkshire Hathaway Inc. |
No change
6,947
|
$27,911,242,000 | 5.46% |
| Workday Inc |
No change
111,992
|
$25,036,932,000 | 4.90% |
| Affirm Holdings, Inc. |
No change
721,382
|
$21,792,950,000 | 4.26% |
| Clear Secure, Inc. |
No change
979,160
|
$18,320,084,000 | 3.59% |
| Kroger Co. |
44.61%
311,490
|
$15,552,696,000 | 3.04% |
| IAC Inc |
No change
319,477
|
$14,967,498,000 | 2.93% |
| Exxon Mobil Corp. |
No change
89,900
|
$10,349,288,000 | 2.03% |
| Joby Aviation Inc |
No change
1,557,888
|
$7,945,229,000 | 1.55% |
| Coupang, Inc. |
No change
325,000
|
$6,808,750,000 | 1.33% |
| Coca-Cola Co |
No change
99,054
|
$6,304,787,000 | 1.23% |
| Tempus Ai Inc |
Opened
109,459
|
$3,831,065,000 | 0.75% |
| Transdigm Group Incorporated |
No change
2,764
|
$3,531,314,000 | 0.69% |
| Argan, Inc. |
No change
32,800
|
$2,399,648,000 | 0.47% |
| Recursion Pharmaceuticals In |
No change
217,657
|
$1,632,428,000 | 0.32% |
| 10x Genomics, Inc. |
No change
56,600
|
$1,100,870,000 | 0.22% |
| Ginkgo Bioworks Holdings Inc |
No change
2,478,098
|
$827,685,000 | 0.16% |
| Blend Labs, Inc. |
No change
344,761
|
$813,636,000 | 0.16% |
| 1stdibs Com Inc |
No change
176,826
|
$793,949,000 | 0.16% |
| Absci Corporation |
No change
236,129
|
$727,277,000 | 0.14% |
| Vimeo Inc |
2.15%
136,583
|
$520,645,000 | 0.10% |
| Visa Inc |
No change
1,966
|
$516,016,000 | 0.10% |
| Match Group Inc. |
0.37%
7,312
|
$221,318,000 | 0.04% |
| Coinbase Global Inc |
Closed
790
|
$209,445,000 | |
| Senti Biosciences Inc |
No change
21,443
|
$5,918,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
Hedge funds similar to Allen Operations
- Kelman-lazarov
- D L Carlson Investment Group Inc
- Capricorn Investment
- Philosophy Capital Management
- Jbf Capital
- Moody Aldrich Partners
- Elk River Wealth Management
- Bell Investment Advisors, Inc
- Efg Asset Management (americas)
- Bourgeon Capital Management
- Thrive Wealth Management
- Soundwatch Capital
- Greystone
- Bridgecreek Investment Management