Davidson Kempner Capital Management Portfolio
Davidson Kempner Capital Management 13F filer (CIK 0001595082).
Q3 2023 · 256 positions · Total reported value $5.84B · Top-10 concentration 56.3%
Turnover: 57.6% · 72 new · 22 cut · 69 exited
Active Share (vs S&P 500): 91.7% · vs QQQ: 92.5% — share of the book that differs from index weights (higher = more active) · ranking
In its Q3 2023 13F filing, Davidson Kempner Capital Management disclosed 256 equity positions with a combined reported value of $5.84B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 56.3% of reported value. HoldingsHub classifies the profile as Mid / High Turnover.
The largest disclosed positions as of Q3 2023 were ATVI ($1.37B), SPY ($522.38M), HZNP ($355.84M). By sector, the heaviest allocations are Consumer Discretionary 18.7%, Technology 11.6%. Versus the prior quarter, allocation shifted toward Other (+24.4pp), Materials (+2.8pp) and away from Communication Services (-1.5pp), Industrials (-1.5pp).
Versus the prior quarter, Davidson Kempner Capital Management opened 72 new positions, trimmed 22 and fully exited 69, a turnover rate of 57.6% of positions. The portfolio's overlap with the prior quarter was 57% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | ATVI | ACTIVISION BLIZZARD INC. | 14.62M | $1.37B | 23.42% | New |
| 2 | SPY | STATE STR SPDR S&P 500 ETF T | 1.22M | $522.38M | 8.94% | Add |
| 3 | HZNP | HORIZON THERAPEUTICS PUB L | 3.08M | $355.84M | 6.09% | New |
| 4 | X | UNITED STATES STL CORP NEW | 6.21M | $201.54M | 3.45% | New |
| 5 | ARKO | ARKO CORP | 23.14M | $164.99M | 2.82% | Hold |
| 6 | LIN | LINDE PLC | 442.25K | $164.67M | 2.82% | Add |
| 7 | KVUE | KENVUE INC | 7.92M | $159.04M | 2.72% | Add |
| 8 | JOYY | JOYY INC | 150.00M | $142.05M | 2.43% | Hold |
| 9 | PDD | PDD HOLDINGS INC | 110.00M | $108.49M | 1.86% | Reduce |
| 10 | TMUS | T-MOBILE US INC | 745.77K | $104.40M | 1.79% | Reduce |
| 11 | PLYA | PLAYA HOTELS & RESORTS NV | 13.74M | $99.63M | 1.71% | Reduce |
| 12 | WMT | WALMART INC | 513.21K | $82.08M | 1.40% | Reduce |
| 13 | USFD | US FOODS HLDG CORP | 2.00M | $79.45M | 1.36% | Add |
| 14 | META | META PLATFORMS INC. CLASS A | 255.67K | $76.74M | 1.31% | Reduce |
| 15 | FIS | FIDELITY NATL INFORMATION SV | 1.36M | $74.99M | 1.28% | New |
| 16 | IWM | ISHARES TR | 372.60K | $65.85M | 1.13% | Hold |
| 17 | TECK | TECK RESOURCES LTD | 1.46M | $63.13M | 1.08% | Reduce |
| 18 | AOMR | ANGEL OAK MORTGAGE REIT INC | 7.39M | $63.03M | 1.08% | Hold |
| 19 | BKNG | BOOKING HOLDINGS INC. | 20.15K | $62.18M | 1.06% | Reduce |
| 20 | MU | MICRON TECHNOLOGY INC | 875.00K | $59.53M | 1.02% | New |
| 21 | DLTR | DOLLAR TREE INC | 539.25K | $57.39M | 0.98% | Add |
| 22 | MCD | MCDONALDS CORP | 212.75K | $56.05M | 0.96% | Reduce |
| 23 | NEWR | NEW RELIC INC | 634.64K | $54.34M | 0.93% | Add |
| 24 | CRM | SALESFORCE INC | 249.68K | $50.63M | 0.87% | Add |
| 25 | ZBH | ZIMMER BIOMET HOLDINGS INC | 446.48K | $50.10M | 0.86% | New |
| 26 | ZTO | ZTO EXPRESS CAYMAN INC | 50.00M | $48.53M | 0.83% | New |
| 27 | SRPT | SAREPTA THERAPEUTICS INC | 42.00M | $46.91M | 0.80% | New |
| 28 | CNH | CNH INDL N V | 3.83M | $46.32M | 0.79% | Add |
| 29 | DELL | DELL TECHNOLOGIES INC | 649.18K | $44.73M | 0.77% | New |
| 30 | NET | CLOUDFLARE INC | 50.00M | $42.50M | 0.73% | Reduce |
| 31 | HALO | HALOZYME THERAPEUTICS INC | 50.00M | $42.19M | 0.72% | Reduce |
| 32 | SIMO | SILICON MOTION TECHNOLOGY CO | 807.78K | $41.37M | 0.71% | Add |
| 33 | MIDD | MIDDLEBY CORP | 35.00M | $39.18M | 0.67% | Add |
| 34 | CNDT | CONDUENT INC | 45.00M | $36.70M | 0.63% | Add |
| 35 | BP | BP PLC | 937.25K | $36.29M | 0.62% | New |
| 36 | SPGI | S&P GLOBAL INC | 94.68K | $34.60M | 0.59% | New |
| 37 | AQN | ALGONQUIN POWER & UTILITIES | 5.73M | $33.93M | 0.58% | Add |
| 38 | UBER | UBER TECHNOLOGIES INC | 650.00K | $29.89M | 0.51% | Add |
| 39 | TPB | TURNING PT BRANDS INC | 30.00M | $28.54M | 0.49% | Hold |
| 40 | DMRA | ACORDA THERAPEUTICS INC | 52.32M | $28.24M | 0.48% | Hold |
| 41 | ALNY | ALNYLAM PHARMACEUTICALS INC | 30.00M | $27.68M | 0.47% | New |
| 42 | TKO | TKO GROUP HOLDINGS INC | 328.36K | $27.60M | 0.47% | New |
| 43 | ALC | ALCON AG | 347.86K | $26.96M | 0.46% | Add |
| 44 | MSFT | MICROSOFT CORP | 80.00K | $25.26M | 0.43% | Add |
| 45 | WBD | WARNER BROS DISCOVERY INC | 2.31M | $25.06M | 0.43% | Add |
| 46 | BBWI | BATH & BODY WORKS INC | 727.24K | $24.58M | 0.42% | Add |
| 47 | ROST | ROSS STORES INC | 215.17K | $24.30M | 0.42% | Add |
| 48 | SE | SEA LTD | 30.00M | $23.93M | 0.41% | Hold |
| 49 | INN | SUMMIT HOTEL PPTYS | 28.45M | $23.90M | 0.41% | Add |
| 50 | DBX | DROPBOX INC | 25.00M | $23.68M | 0.41% | Reduce |