Inherent Group, LP

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Inherent Group, LP reported 8 stock positions worth $108.1 million. Its top holding was Mr Cooper (COOP) at 31.6% of the portfolio, followed by Nextera Energy (NEE, 20.3%) and Orion (OEC, 16.5%). Compared with Q2 2024, it opened 1 new position, sold out of 5, added to 1 and reduced 2. The biggest buy was Builders Firstsource (BLDR, shares +317%) and the biggest sale an exit from Vital Farms (VITL).

Most Recent 13F
Q3 2024
Location
NEW YORK, NY
CIK
0001749824
Portfolio Value
$108.1M (Q3 2024)
SEC Filing
0001405086-24-000301 ↗ filed Nov 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $156.5M Q1 2024 Q2 2024: $109.4M Q2 2024 Q3 2024: $108.1M $108.1M Q3 2024

Holdings 8 stocks · $108.1M
COOP Mr Cooper Group Inc. 31.58% 370,454 $34.1M Reduce -2.6%
NEE Nextera Energy Inc. 20.32% 260,000 $22.0M No change
OEC Orion SA 16.55% 1,004,761 $17.9M Reduce -3.6%
IEMG iShares Core MSCI Emerging 11.33% 213,405 $12.3M No change
BLDR Builders Firstsource Inc. 11.20% 62,500 $12.1M Add +316.7%
SHC Sotera Health Co. 4.34% 281,251 $4.7M No change
PAX Patria Investments Ltd. Class A 4.07% 393,898 $4.4M New
GROV Grove Collaborative Holdings 0.60% 482,426 $651K No change

Portfolio Sells Q2 2024 → Q3 2024
VITL Vital Farms Inc. Sold out 0.00% −7.92
STEP Stepstone Group Inc. Class A Sold out 0.00% −6.99
OEC Orion SA Reduce -3.6% 16.55% −4.36
DMRC Digimarc Corp. Sold out 0.00% −2.83
QS Quantumscape Corp. Sold out 0.00% −0.09
CZOOF Cazoo Group Ltd. Sold out 0.00% −0.01
COOP Mr Cooper Group Inc. Reduce -2.6% 31.58% +3.33

Portfolio Buys Q2 2024 → Q3 2024
BLDR Builders Firstsource Inc. Add +316.7% 11.20% +9.31
PAX Patria Investments Ltd. Class A New 4.07% +4.07

Notes & Other Activity Q2 2024 → Q3 2024
LIBERTY LATIN AMERICA (LILAK 2 07/15/24) NOTE 2.000% 7/1 · principal Sold out 4,320,000 $4.3Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2024 8$108.1MCOOP, NEE, OEC, IEMG, BLDR
Q2 2024 12$109.4MCOOP, OEC, NEE, IEMG, VITL
Q1 2024 10$156.5MOEC, COOP, NEE, IEMG, VITL