AltaRock Partners

Q2 2019 13F · by Mark Massey, founder

As of: Jun 30, 2019
Filed: Aug 14, 2019
US stock: $1.2B · prev $1.1B
Positions: 6 · prev 6
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves2 since the prior filing

+4.2 pp in · −2.4 pp out

New 0 0.00 pp
Added 1 +4.18 pp
Trimmed 1 −2.43 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 6.1% a year, about 16.4 years per position

Low
Moderate
High

Top 5 positions96% of US stock

CHTR Charter Comm Inc Del CL A New added+4.18 pp added+4.1832.5%
TDG TransDigm Group Incorporated trimmed−2.43 pp trimmed−2.4325.3%
MCO Moody's Corporation held held19.1%
ORLY O'Reilly Automotive, Inc. held held9.8%
MA Mastercard Incorporated held held9.1%

Positions6 in this filing · 0 exited


CHTRCharter Comm Inc Del CL A New	32.53%	954,166	$377M	added+11%	+4.18 pp	13 q
TDGTransDigm Group Incorporated	25.29%	605,924	$293M	trimmed−6%	−2.43 pp	19 q
MCOMoody's Corporation	19.05%	1,130,261	$221M	held	—	19 q
ORLYO'Reilly Automotive, Inc.	9.84%	308,729	$114M	held	—	5 q
MAMastercard Incorporated	9.06%	396,940	$105M	held	—	19 q
VVISA Inc.	4.23%	282,516	$49M	held	—	19 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001144204-19-039893
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet