AltaRock Partners

Q4 2022 13F · by Mark Massey, founder

As of: Dec 31, 2022
Filed: Feb 13, 2023
US stock: $3.2B · prev $3.1B
Positions: 8 · prev 8
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%

Moves8 since the prior filing

+3.0 pp in · −3.0 pp out

New 0 0.00 pp
Added 2 +2.99 pp
Trimmed 6 −2.99 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 5 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 25% a year, about 4.0 years per position

Low
Moderate
High

Top 5 positions91% of US stock

TDG TransDigm Group Incorporated trimmed+2.09 pp trimmed+2.0927.9%
MSFT Microsoft Corp trimmed−2.19 pp trimmed−2.1919.3%
GOOGL Alphabet Inc. Class A trimmed−4.10 pp trimmed−4.1017.8%
AMZN Amazon.Com Inc added+2.71 pp added+2.7114.9%
V VISA Inc. trimmed+0.84 pp trimmed+0.8410.9%

Positions8 in this filing · 0 exited


TDGTransDigm Group Incorporated	27.90%	1,409,724	$888M	trimmed−6%	+2.09 pp	33 q
MSFTMicrosoft Corp	19.30%	2,560,129	$614M	trimmed−9%	−2.19 pp	7 q
GOOGLAlphabet Inc. Class A	17.83%	6,430,417	$567M	trimmed−8%	−4.10 pp	13 q
AMZNAmazon.Com Inc	14.90%	5,644,370	$474M	added+71%	+2.71 pp	4 q
VVISA Inc.	10.93%	1,674,124	$348M	trimmed−3%	+0.84 pp	33 q
CHTRCharter Comm Inc Del CL A New	3.56%	334,465	$113M	trimmed−3%	+0.13 pp	27 q
MAMastercard Incorporated	3.29%	301,010	$105M	trimmed−8%	+0.24 pp	33 q
MCOMoody's Corporation	2.29%	261,534	$73M	added+4%	+0.28 pp	33 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001104659-23-019687
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet