Kensico Capital Management 13F, Q1 2025
Kensico Capital · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1113000
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| APPLOVIN CORP | APP | $762.85M | 17.2% | +13% shares |
| HOWMET AEROSPACE INC | HWM | $692.86M | 15.6% | unchanged |
| FAIR ISAAC CORP | FICO | $442.01M | 10.0% | unchanged |
| FISERV INC | FISV | $306.82M | 6.9% | unchanged |
| VISA INC | V | $301.68M | 6.8% | unchanged |
| AMAZON COM INC | AMZN | $225.91M | 5.1% | +22% shares |
| SEA LTD | SE | $217.94M | 4.9% | +34% shares |
| EQUIFAX INC | EFX | $182.01M | 4.1% | -3% shares |
| CHENIERE ENERGY INC | LNG | $161.91M | 3.6% | unchanged |
| ALPHABET INC | GOOGL | $142.75M | 3.2% | unchanged |
| INTERCONTINENTAL EXCHANGE IN | ICE | $140.47M | 3.2% | unchanged |
| META PLATFORMS INC | META | $139.31M | 3.1% | -3% shares |
| MICROSOFT CORP | MSFT | $135.74M | 3.1% | -26% shares |
| PROGRESSIVE CORP | PGR | $111.45M | 2.5% | unchanged |
| COSTAR GROUP INC | CSGP | $105.48M | 2.4% | +86% shares |
| UNITEDHEALTH GROUP INC | UNH | $102.97M | 2.3% | -13% shares |
| SALESFORCE INC | CRM | $63.23M | 1.4% | -46% shares |
| INTUITIVE SURGICAL INC | ISRG | $48.73M | 1.1% | new |
| CADENCE DESIGN SYSTEM INC | CDNS | $43.19M | 1.0% | +64% shares |
| KKR & CO INC | KKR | $40.51M | 0.9% | new |
| TRADEWEB MKTS INC | TW | $33.92M | 0.8% | new |
| TENET HEALTHCARE CORP | THC | $31.06M | 0.7% | new |
| NET POWER INC | NPWR | $4.44M | 0.1% | -3% shares |
| NET POWER INC | NPWR/WS | $152.7K | 0.0% | -3% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Kensico Capital Management opened 4 new positions, added to 5, trimmed 7, left 8 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-25-005677, filed by KENSICO CAPITAL MANAGEMENT CORP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.