Hedge Fund - Camber Capital Management

Camber Capital Management, founded in April 2006 by Stephen Dubois, formerly of Ziff Brothers Investment Management, is a Boston-based hedge fund manager specializing in long/short equity strategies. The firm concentrates its investments within the healthcare industry, targeting pharmaceutical, medical device, biotech, and healthcare services companies.

Stephen R. Dubois, Managing Member at Camber Capital Management LLC since February 2006, oversees an investment fund with assets exceeding $2.85 billion. With 37 companies in his portfolio, Dubois's largest investments, Universal Health Services Inc. and Tenet Healthcare, have a combined value of $564 million.

Camber Capital Management L.P. maintains a diversified portfolio spanning four sectors, with the Health Care sector comprising the largest allocation at 65.2% of the total portfolio value. The fund predominantly focuses on investments within the United States, with 64.9% of its portfolio companies based in the country. In terms of market capitalization, the majority of the fund's holdings consist of large-cap stocks, accounting for 24% of the total holdings value, while small-cap stocks represent a negligible portion, approximately 0.1%. The average market capitalization of the portfolio companies stands at approximately $18.4 billion.

Camber Capital Management serves three clients and manages discretionary assets totaling $3,542,044,627, according to their Form ADV filed on March 2024. Their most recent 13F filing for the fourth quarter of 2023 indicates holdings of $3,923,913,000 in managed 13F securities, with a top 10 holdings concentration of 70.03%. Notably, the largest holding of Camber Capital Management comprises 2,000,000 shares of SPDR S&P 500 ETF TRUST.