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MASON CAPITAL MANAGEMENT LLC

13F
MASON CAPITAL MANAGEMENT LLC
Last update 2024-05-16 6 Stocks (2 new)
Value $728.00 Mil Turnover 3 %
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MASON CAPITAL MANAGEMENT LLC Profile

Mason Capital Management LLC is a private hedge fund sponsor based out of New York City. The company was established in 2000 by cofounders Kenneth Mario Garschina and Michael Emil Martino, both of whom are still with the company today acting as its principals and managing members. Mason Capital Management invests in the hedging and public equity markets within the United States. As of 2015, the company has grown to 28 employees of which 18 are investment professionals. The company invests most heavily in the consumer discretionary sector, which alone makes up over a quarter of its total asset allocations, and also invests in the information technology, which makes up another fifth of its total asset allocations, health care, energy, materials, industrials, utilities and telecommunications, and consumer staples sectors, among others to a lesser degree, in order of decreasing allocation. Mason Capital Management’s top holdings include DirectTV Corp. which alone makes up almost 10% of its holdings, YPF D.A. ADR, 21st Century Fox Inc., and IBM with its top 10 holdings making up approximately two thirds of its total. Mason Capital Management currently holds over $12.7 billion in total assets under management spread across 3 accounts, all of which are discretionary accounts. Although the company’s total number of accounts has stayed relatively the same in recent years, increasing from a previous 2 accounts to its current 3 back in 2013, its total assets under management has been increasing despite some slight volatility, growing from$8 billion back in 2012 to well over one and a half times that today. Mason Capital Management currently provides its services also exclusively to pooled investment vehicles, although it also caters to pension and profit sharing plans and living trusts to a lesser degree, and takes its advisory fees from a percentage of assets and various performance based fees.
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