Latest Invenomic Capital Management LP Stock Portfolio

$2.05Billion– No. of Holdings #157

Invenomic Capital Management LP Performance:

2024 Q2: -7.51%YTD: -7.06%2023: 10.8%

Performance for 2024 Q2 is -7.51%, and YTD is -7.06%, and 2023 is 10.8%.

About Invenomic Capital Management LP and 13F Hedge Fund Stock Holdings

Invenomic Capital Management LP is a hedge fund based in BOSTON, MA. On 28-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.5 Billions. In it's latest 13F Holdings report, Invenomic Capital Management LP reported an equity portfolio of $2.1 Billions as of 30 Jun, 2024.

The top stock holdings of Invenomic Capital Management LP are ES, CHRD, GPN. The fund has invested 2.7% of it's portfolio in EVERSOURCE ENERGY and 2.3% of portfolio in CHORD ENERGY CORPORATION.

The fund managers got completely rid off ARCHER DANIELS MIDLAND CO (ADM), CONAGRA BRANDS INC (CAG) and WEX INC (WEX) stocks. They significantly reduced their stock positions in IPG PHOTONICS CORP (IPGP), 3M CO (MMM) and BARRICK GOLD CORP. Invenomic Capital Management LP opened new stock positions in SOLVENTUM CORP, APTIV PLC (APTV) and NEWMONT CORP (NEM). The fund showed a lot of confidence in some stocks as they added substantially to PERRIGO CO PLC (PRGO), KOHLS CORP (KSS) and SHOALS TECHNOLOGIES GROUP IN (SHLS).

Invenomic Capital Management LP Equity Portfolio Value

Last Reported on: 14 Aug, 2024

Invenomic Capital Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Invenomic Capital Management LP made a return of -7.51% in the last quarter. In trailing 12 months, it's portfolio return was -2.16%.

New Buys

Ticker	$ Bought
solventum corp	43,582,900
aptiv plc	26,640,300
newmont corp	23,771,600
nutrien ltd	21,154,100
dun & bradstreet hldgs inc	18,966,200
coursera inc	18,027,300
match group inc new	13,857,300
sun cmntys inc	12,065,800

New stocks bought by Invenomic Capital Management LP

Additions

Ticker	% Inc.
perrigo co plc	594
kohls corp	474
shoals technologies group in	320
monro inc	270
evertec inc	267
algoma stl group inc	262
teladoc health inc	209
chesapeake energy corp	207

Additions to existing portfolio by Invenomic Capital Management LP

Reductions

Ticker	% Reduced
ipg photonics corp	-89.91
3m co	-84.75
barrick gold corp	-83.04
sealed air corp new	-78.9
ingevity corp	-70.3
southwestern energy co	-67.05
copa holdings sa	-63.25
alight inc	-59.19

Invenomic Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
crescent pt energy corp	-17,165,600
yext inc	-9,068,880
lyell immunopharma inc	-1,943,500
conagra brands inc	-25,152,400
noodles & co	-1,342,710
archer daniels midland co	-37,917,200
smartsheet inc	-21,926,800
healthcare svcs group inc	-6,043,280

Invenomic Capital Management LP got rid off the above stocks

Sector Distribution

Invenomic Capital Management LP has about 16.8% of it's holdings in Consumer Cyclical sector.

Sector	%
Consumer Cyclical	16.8
Technology	16.3
Others	13.9
Healthcare	10.6
Energy	8.8
Communication Services	8.4
Industrials	7.3
Consumer Defensive	5.4
Financial Services	4.7
Utilities	3.5
Basic Materials	3
Real Estate	1.3

Market Cap. Distribution

Invenomic Capital Management LP has about 36.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	36.6
MID-CAP	29.6
SMALL-CAP	18.2
UNALLOCATED	13.9
MICRO-CAP	1.6

Stocks belong to which Index?

About 59.4% of the stocks held by Invenomic Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	40.6
S&P 500	31.5
RUSSELL 2000	27.9

Top 5 Winners (%)		%
RIVN	rivian automotive inc	31.2 %
WRBY	warby parker inc	16.9 %
MMM	3m co	12.5 %
LOCO	el pollo loco hldgs inc	10.6 %
BBY	best buy inc	9.4 %

Top 5 Winners ($)		$
MMM	3m co	5.2 M
T	at&t inc	3.6 M
FTDR	frontdoor inc	1.7 M
WRBY	warby parker inc	1.0 M
MTB	m & t bk corp	0.9 M

Top 5 Losers (%)		%
SEDG	solaredge technologies inc	-63.5 %
TTEC	ttec hldgs inc	-43.0 %
LEG	leggett & platt inc	-39.4 %
TRIP	tripadvisor inc	-35.3 %
AVD	american vanguard corp	-33.5 %

Top 5 Losers ($)		$
SEDG	solaredge technologies inc	-19.5 M
GPN	global pmts inc	-11.0 M
UDMY	udemy inc	-6.7 M
VTRS	viatris inc	-5.3 M
ILMN	illumina inc	-5.2 M

Invenomic Capital Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Invenomic Capital Management LP

Invenomic Capital Management LP has 157 stocks in it's portfolio. About 21.7% of the portfolio is in top 10 stocks. SEDG proved to be the most loss making stock for the portfolio. MMM was the most profitable stock for Invenomic Capital Management LP last quarter.

Last Reported on: 14 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABM	abm inds inc	0.00	0.00	0.00	sold off	-100

ADM	archer daniels midland co	0.00	0.00	0.00	sold off	-100

ADT	adt inc del	0.00	0.00	0.00	sold off	-100

AEE	ameren corp	0.00	0.00	0.00	sold off	-100

AKAM	akamai technologies inc	0.22	49,963	4,500,670	new

ALE	allete inc	0.00	0.00	0.00	sold off	-100

ALIT	alight inc	0.17	472,920	3,490,150	reduced	-59.19

AMN	amn healthcare svcs inc	0.72	287,392	14,723,100	added	50.53

APTV	aptiv plc	1.30	378,306	26,640,300	new

ASTL	algoma stl group inc	0.10	300,230	2,089,600	added	262

ATSG	air transport services grp i	0.12	174,072	2,414,380	reduced	-3.77

AVA	avista corp	0.56	330,583	11,441,500	added	43.45

AVB	avalonbay cmntys inc	0.00	0.00	0.00	sold off	-100

AVD	american vanguard corp	0.32	775,904	6,672,770	reduced	-2.05

BABA	alibaba group hldg ltd	0.17	47,726	3,436,270	reduced	-56.61

BBY	best buy inc	0.13	32,215	2,715,400	new

BIGC	bigcommerce hldgs inc	0.14	363,752	2,931,840	new

BILL	bill holdings inc	0.24	94,469	4,970,960	new

BLCO	bausch plus lomb corp	0.54	762,451	11,070,800	added	93.48

CAE	cae inc	0.14	155,524	2,889,640	new