AltaRock Partners

Q2 2024 13F · by Mark Massey, founder

As of: Jun 30, 2024
Filed: Aug 14, 2024
US stock: $4.9B · prev $4.7B
Positions: 9 · 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%

Moves7 since the prior filing

+5.7 pp in · −4.3 pp out

New 1 +1.06 pp
Added 2 +4.60 pp
Trimmed 4 −4.27 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 6 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 21% a year, about 4.8 years per position

Low
Moderate
High

Top 5 positions87% of US stock

TDG TransDigm Group Incorporated trimmed−2.39 pp trimmed−2.3928.2%
MSFT Microsoft Corp added+1.94 pp added+1.9417.8%
AMZN Amazon.Com Inc trimmed+0.13 pp trimmed+0.1316.4%
GOOGL Alphabet Inc. Class A trimmed+1.10 pp trimmed+1.1015.0%
V VISA Inc. held held9.6%

Positions9 in this filing · 0 exited


TDGTransDigm Group Incorporated	28.22%	1,073,264	$1.4B	trimmed−7%	−2.39 pp	39 q
MSFTMicrosoft Corp	17.80%	1,934,816	$865M	added+10%	+1.94 pp	13 q
AMZNAmazon.Com Inc	16.43%	4,129,460	$798M	trimmed−2%	+0.13 pp	10 q
GOOGLAlphabet Inc. Class A	15.00%	4,002,110	$729M	trimmed−7%	+1.10 pp	19 q
VVISA Inc.	9.61%	1,778,383	$467M	held	—	39 q
MCOMoody's Corporation	9.42%	1,087,080	$458M	added+36%	+2.66 pp	39 q
MAMastercard Incorporated	2.42%	267,033	$118M	held	—	39 q
FICOFair Isaac Corporation	1.06%	34,652	$52M	new	+1.06 pp	new
CHTRCharter Comm Inc Del CL A New	0.04%	6,025	$2M	trimmed−99%	−3.11 pp	33 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001104659-24-089560
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet