Rit Capital Partners Share Discussion Threads

[olliemagern] 28/1/2022 12:23

hobs - its in the half year results investment portfolio.
NASDAQ 100 short 1.3% nominal
MS Tech Basket short 5.9% nominal
Year results out in early March.

[hobs] 28/1/2022 09:57

Interesting about 7.2% short - could you share a link to where you saw this please.

[olliemagern] 28/1/2022 08:48

One of the best funds of the year with a 23.6% increase to NAV 2794p.
The portfolio last reported a 7.2% short on the Nasdaq / Tech futures, so RCP should give a robust defensive performance in January.

[panshanger1] 25/1/2022 08:56

Finals 2/3 last year

[panshanger1] 25/1/2022 08:52

Market anticipating a big write down in unlisted holdings here with yesterday's big fall and widening discountDec NAV 4/2 last year

[kiwi2007] 21/1/2022 19:00

Coupang now down 58% from it's highs @ $18.74. Heavy mounting loses and news of insider selling not helping. RCP's other high tech investments not doing much better.
I wonder if Jacob's been on the phone yet?

[olliemagern] 20/1/2022 17:59

As RCP's investment in Coupang was via an investment vehicle, the accounts of the vehicle may take 2 or 3 months to update. So it may well be that RCP no longer holds any Coupang, but we will not know until the year end report comes out. Being the company's largest holding you would think the investment manager would keep investors updated in a major change.

[olliemagern] 13/12/2021 17:58

RCP portfolio at half year to 30 June 2021 states holding of £382 million in Coupang.
Insider Monkey says RCP sold all its Coupang holding in the fist half of the year ending 30th June 2021.
They both can't be right.

[panshanger1] 06/12/2021 15:30

Covered in the Times today -Under 5 shares worth watching if stock markets catch a cold from Omicron

[kiwi2007] 03/12/2021 00:55

Thanks hobs...I'd assumed that RCP would have been locked in for a time?

[hobs] 02/12/2021 21:13

Double checked - RCP now 0% interest in CPNG:

hxxps://www.insidermonkey.com/hedge-fund/rit+capital+partners/712/holdings/

You may need to register but free.

[hobs] 02/12/2021 21:01

RCP out of Coupang long ago. According to:



“Judging by the fact that Coupang, Inc. (NYSE:CPNG) has faced falling interest from hedge fund managers, it's easy to see that there exists a select few money managers who were dropping their full holdings in the second quarter. At the top of the heap, Jacob Rothschild's RIT Capital Partners dropped the biggest position of the 750 funds tracked by Insider Monkey, totaling about $620.5 million in stock. Sharlyn C. Heslam's fund, Stockbridge Partners, also sold off its stock, about $42.3 million worth. These moves are intriguing to say the least, as aggregate hedge fund interest dropped by 7 funds in the second quarter.“

[kiwi2007] 02/12/2021 19:54

A thorough, but slightly pessimistic article on Coupang (which, I believe, still comprises about 5% of the value of RCP?).

[panshanger1] 04/11/2021 13:59

Yes new ATH 2730Nice

[robertball] 04/11/2021 10:52

Coupang looking good

[olliemagern] 28/10/2021 13:26

With the all country world index ACWI up 4.4% since 30th Sept, RIT Cap net assets for end of Oct could be nearer £28 than £27, as one of the best investment trusts this year, together with some hedging against markets that could be too high. £26 looks good value.

[kiwi2007] 16/10/2021 23:10

NAV virtually the same as the previous month (2737p) even though Coutang had fallen further. Now Coutang seems to have stabalised around the $27 mark..

[thamestrader] 30/9/2021 10:53

What's a cheque? Long time since I have seen one of those.

[ugandalad] 30/9/2021 10:11

What's a dividend cheque? Long time since I have seen one of those.

[robertball] 30/9/2021 09:42

Off topic: the registrars charge 20% for a replacement dividend cheque. I will dispute the charge using the official complaints procedure.

[kiwi2007] 26/9/2021 00:41

panshanger14 Aug '21 - 18:16 - 290 of 298
Coupang holding has put a rocket under these
Nice
-------
2nd stage failed to ignite and now falling back to earth.
Down from a high of $50 to $28 and threatening to go lower.

[a1samu] 15/9/2021 14:15

NAV was 2711p on 30 June 2021.

Lots of hard work in last two months to 31 August 2021, just to make 20p.

B O R I N G !

[panshanger1] 15/9/2021 08:14

New NAV 2731

[panshanger1] 16/8/2021 19:51

Bit of profit taking after a fallback in NAV Quality though and long term holder GLA