Pm Capital Ltd 13F annual report

Pm Capital Ltd is an investment fund managing more than $426 million ran by Paul Moore. There are currently 9 companies in Mr. Moore’s portfolio. The largest investments include Apollo Global Mgmt Llc and Teck Resources Ltd, together worth $188 million.

$426 million Assets Under Management (AUM)

As of 12th October 2023, Pm Capital Ltd’s top holding is 1,116,739 shares of Apollo Global Mgmt Llc currently worth over $100 million and making up 23.5% of the portfolio value. In addition, the fund holds 2,045,124 shares of Teck Resources Ltd worth $88.1 million, whose value fell 14.0% in the past six months. The third-largest holding is Bank Amer Corp worth $61.2 million and the next is Wells Fargo Co New worth $44.3 million, with 1,084,162 shares owned.

Currently, Pm Capital Ltd's portfolio is worth at least $426 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 Pm Capital Ltd

The Pm Capital Ltd office and employees reside in Sydney, Australia. According to the last 13-F report filed with the SEC, Paul Moore serves as the DIRECTOR at Pm Capital Ltd.

Recent trades

In the most recent 13F filing, Pm Capital Ltd revealed that it had opened a new position in Schwab (charles) Corp and bought 382,515 shares worth $21 million.

The investment fund also strengthened its position in Bank Amer Corp by buying 1,200,993 additional shares. This makes their stake in Bank Amer Corp total 2,234,968 shares worth $61.2 million.

On the other hand, there are companies that Pm Capital Ltd is getting rid of from its portfolio. Pm Capital Ltd closed its position in Wynn Resorts on 19th October 2023. It sold the previously owned 667,688 shares for $55.1 million. Paul Moore also disclosed a decreased stake in Apollo Global Mgmt Llc by 0.1%. This leaves the value of the investment at $100 million and 1,116,739 shares.

One of the smallest hedge funds

The two most similar investment funds to Pm Capital Ltd are Sensible Planning & Management, and Clarus Ventures. They manage $426 million and $425 million respectively.

Paul Moore investment strategy

Pm Capital Ltd’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Materials — making up 31.0% of the total portfolio value. The fund focuses on investments in the Canada as 11.1% of the portfolio companies are based in the Canada.

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 22% of the total holdings value. On the other hand, small-cap stocks make up 11.1% of the portfolio. The average market cap of the portfolio companies is close to $19.6 billion.

The complete list of Pm Capital Ltd trades based on 13F SEC filings

These positions were updated on October 19th 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
Apollo Global Mgmt Llc	10.52% 1,116,739	$100,238,000	23.54%
Teck Resources Ltd	10.30% 2,045,124	$88,124,000	20.70%
Bank Amer Corp	116.15% 2,234,968	$61,193,000	14.37%
Wynn Resorts Ltd.	Closed 667,688	$55,064,000
Wells Fargo Co New	5.48% 1,084,162	$44,299,000	10.40%
Freeport-McMoRan Inc	16.76% 1,175,788	$43,845,000	10.30%
Howard Hughes Corporation	Closed 453,340	$34,644,000
Jpmorgan Chase Co	26.66% 208,929	$30,299,000	7.12%
Schwab (charles) Corp	Opened 382,515	$21,000,000	4.93%
Truist Financial Corporation	No change 665,781	$19,048,000	4.47%
Oracle Corp.	Closed 217,870	$17,809,000
Arch Resources Inc	Opened 104,090	$17,764,000	4.17%
No transactions found
Showing first 500 out of 12 holdings