Alpha Wave Global, L.P. 13F annual report
Alpha Wave Global, L.P. is an investment fund managing more than $299 billion ran by Joseph Schneider. There are currently 20 companies in Mr. Schneider’s portfolio. The largest investments include Lenz Therapeutics Inc and Radnet Inc, together worth $112 billion.
$299 billion Assets Under Management (AUM)
As of 6th August 2024, Alpha Wave Global, L.P.’s top holding is 3,612,211 shares of Lenz Therapeutics Inc currently worth over $62.5 billion and making up 20.9% of the portfolio value.
In addition, the fund holds 848,413 shares of Radnet Inc worth $50 billion, whose value grew 64.4% in the past six months.
The third-largest holding is Woodward Inc worth $43.1 billion and the next is Alto Neuroscience Inc worth $39.6 billion, with 3,707,757 shares owned.
Currently, Alpha Wave Global, L.P.'s portfolio is worth at least $299 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 Alpha Wave Global, L.P.
The Alpha Wave Global, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Joseph Schneider serves as the Chief Compliance Officer at Alpha Wave Global, L.P..
Recent trades
In the most recent 13F filing, Alpha Wave Global, L.P. revealed that it had opened a new position in
Lenz Therapeutics Inc and bought 3,612,211 shares worth $62.5 billion.
The investment fund also strengthened its position in Radnet Inc by buying
239,602 additional shares.
This makes their stake in Radnet Inc total 848,413 shares worth $50 billion.
Radnet Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Alpha Wave Global, L.P. is getting rid of from its portfolio.
Alpha Wave Global, L.P. closed its position in Union Pac Corp on 13th August 2024.
It sold the previously owned 64,754 shares for $15.9 billion.
Joseph Schneider also disclosed a decreased stake in Pnm Res Inc by 0.7%.
This leaves the value of the investment at $12.6 billion and 341,037 shares.
One of the smaller hedge funds
The two most similar investment funds to Alpha Wave Global, L.P. are Empire Management and Bank Pictet & Cie (asia) Ltd. They manage $299 billion and $299 billion respectively.
Joseph Schneider investment strategy
Alpha Wave Global, L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Industrials — making up 24.2% of
the total portfolio value.
The fund focuses on investments in the United States as
45.0% 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
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 $2.74 billion.
The complete list of Alpha Wave Global, L.P. trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Lenz Therapeutics Inc |
Opened
3,612,211
|
$62,455,128,000 | 20.90% |
| Radnet Inc |
39.36%
848,413
|
$49,988,494,000 | 16.72% |
| Woodward Inc |
25.66%
247,041
|
$43,079,010,000 | 14.41% |
| Alto Neuroscience Inc |
Opened
3,707,757
|
$39,635,922,000 | 13.26% |
| Carpenter Technology Corp. |
Opened
193,559
|
$21,210,195,000 | 7.10% |
| Union Pac Corp |
Closed
64,754
|
$15,904,877,000 | |
| Credit Accep Corp Mich |
Opened
28,721
|
$14,782,124,000 | 4.95% |
| NexGen Energy Ltd |
18.39%
1,861,675
|
$12,994,492,000 | 4.35% |
| Pnm Res Inc |
73.02%
341,037
|
$12,604,728,000 | 4.22% |
| Amylyx Pharmaceuticals Inc |
Closed
846,240
|
$12,456,653,000 | |
| Kenvue Inc |
56.77%
663,326
|
$12,059,267,000 | 4.03% |
| Dish Network Corporation |
Closed
1,586,458
|
$9,153,863,000 | |
| Energy Recovery Inc |
Opened
607,123
|
$8,068,665,000 | 2.70% |
| Denison Mines Corp |
40.72%
2,650,073
|
$5,273,645,000 | 1.76% |
| Porch Group Inc |
17.60%
2,318,173
|
$3,500,441,000 | 1.17% |
| Flowers Foods, Inc. |
No change
156,274
|
$3,469,283,000 | 1.16% |
| Bloom Energy Corp |
0.07%
240,526
|
$2,944,038,000 | 0.98% |
| Alight Inc. |
Opened
393,830
|
$2,906,465,000 | 0.97% |
| Wm Technology Inc |
17.93%
1,740,322
|
$1,809,935,000 | 0.61% |
| Payoneer Global Inc |
40.87%
223,855
|
$1,240,157,000 | 0.41% |
| MultiPlan Corporation |
No change
1,276,317
|
$495,722,000 | 0.17% |
| Lemonade, Inc. |
Closed
18,204
|
$293,631,000 | |
| X Finl |
10.01%
51,851
|
$223,478,000 | 0.07% |
| Lava Therapeutics Nv |
19.01%
87,397
|
$157,315,000 | 0.05% |
| Cano Health Inc |
Closed
14,444
|
$84,786,000 | |
| Li-cycle Holdings Corp |
Closed
38,336
|
$22,419,000 | |
| No transactions found | |||
| Showing first 500 out of 26 holdings | |||
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