Insights from the Fourth Quarter 2024 13F Filing

Michael Dell (Trades, Portfolio) recently submitted the 13F filing for the fourth quarter of 2024, providing insights into his investment moves during this period. Michael Dell (Trades, Portfolio) created the Dell Computer Corporation in 1984 in his dorm room at the University of Texas in Austin. His profile tracks the portfolio of MSD Capital. MSD Capital is a private investment firm established in 1998 to exclusively manage the assets of Michael Dell (Trades, Portfolio) and his family. MSD Capital engages in a broad range of investment activities and has the flexibility to invest in a wide variety of asset classes. MSD has offices located in New York, Santa Monica, and West Palm Beach. According to the MSD Capital website, "The purpose of MSD Capital is to make investments that consistently generate superior absolute risk-adjusted returns over the long-term. We evaluate investment opportunities by utilizing multi-disciplinary frameworks of analysis to generate thoughtful and robust investment theses. We are motivated by an intense curiosity to grasp the underlying truths that govern financial markets and economic behavior. We note that these truths may be contrary to the consensus view, but we believe that our discipline as independent thinkers will allow us to identify these truths and secure long-term success. Throughout the organization, we share a common desire to be the best at what we do, and we believe this never-ending pursuit of excellence has intrinsic value independent of any economic benefit that we may receive. Finally and most importantly, we conduct all business with the highest level of integrity, honesty, and discipline."

• Warning! GuruFocus has detected 7 Warning Signs with SAFE.

Summary of Sold Out

Michael Dell (Trades, Portfolio) completely exited one holding in the fourth quarter of 2024, as detailed below:

• Life Time Group Holdings Inc (NYSE:LTH): Michael Dell (Trades, Portfolio) sold all 502,112 shares, resulting in a -2.05% impact on the portfolio.

Key Position Reduces

Michael Dell (Trades, Portfolio) also reduced his position in two stocks. The most significant changes include:

• Reduced Hayward Holdings Inc (NYSE:HAYW) by 22,746,517 shares, resulting in an -83.3% decrease in shares and a -58.32% impact on the portfolio. The stock traded at an average price of $15.67 during the quarter and has returned -7.78% over the past 3 months and -5.00% year-to-date.
• Reduced Townsquare Media Inc (NYSE:TSQ) by 790,628 shares, resulting in a -52.06% reduction in shares and a -1.34% impact on the portfolio. The stock traded at an average price of $10.02 during the quarter and has returned -9.11% over the past 3 months and 0.69% year-to-date.

Portfolio Overview

At the fourth quarter of 2024, Michael Dell (Trades, Portfolio)'s portfolio included three stocks, with the top holdings comprising 58.32% in $Safehold Inc(SAFE-W)$ (NYSE:SAFE), 38.06% in Hayward Holdings Inc (NYSE:HAYW), and 3.61% in Townsquare Media Inc (NYSE:TSQ).

The holdings are mainly concentrated in three of the eleven industries: Real Estate, Industrials, and Communication Services.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.