Hedge Funds' #1 Stock Picks in Real Estate, Airlines, Beer & More
Rising interest rates have yet to be the tonic that soothes hedge funds' returns, as anticipated.
Kensico Capital Management, headquartered in Connecticut, was co-founded by Michael Lowenstein and Thomas Coleman in January 2000. The hedge fund primarily focuses on equity investments, although it ventured into credit default swaps in late 2006, resulting in significant profits.
Michael Bernard Lowenstein founded Kensico Capital Management Corp in 2000 and has served as its President since then. He earned his undergraduate degree from the University of Pennsylvania and completed his MBA at Northwestern University.
Kensico Capital Management Corp is a hedge fund managing discretionary assets totaling $3,724,425,981 for 3 clients as per their form ADV dated March 2024. In their latest Q1 2024 13F filing, the firm reported $3,038,860,045 in managed 13F securities, with a top 10 holdings concentration of 72.82%. The largest holding for Kensico Capital Management Corp is Howmet Aerospace Inc. (formerly known as Aluminum Co. of America - Alcoa - Arconic), with 5,640,700 shares held.
