SEC 13F Intelligence

Managers / Q3 2023 · view latest →

MSD Partners, L.P.

CIK 0001514334 · 550 MADISON AVENUE, 20TH FLOOR, NEW YORK, NY, 10022 · (212) 303-1650

Reported Value
$1.2B
Q3 2023
Positions
69
Filings on Record
39
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Msd Partners, L.P. reported $1.2B in U.S.-listed holdings across 69 positions for Q3 2023.

The portfolio is heavily concentrated: HAYW alone accounts for 81.4% of reported value.

Compared with Q2 2023, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+95.5%
share of reported value
Largest Position
+81.4%
Hayward
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $916MQ4 ’18Q1 ’19: $808MQ2 ’19: $825MQ3 ’19: $745MQ4 ’19: $454MQ4 ’19Q1 ’20: $370MQ2 ’20: $392MQ3 ’20: $478MQ4 ’20: $598MQ4 ’20Q1 ’21: $1.4BQ2 ’21: $2.0BQ3 ’21: $1.7BQ4 ’21: $1.1BQ4 ’21Q1 ’22: $645MQ2 ’22: $585MQ3 ’22: $597MQ4 ’22: $1.0BQ4 ’22Q1 ’23: $1.2BQ2 ’23: $1.1BQ3 ’23: $1.2BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.2BQ2 ’24: $1.0BQ3 ’24: $158MQ4 ’24: $142MQ4 ’24Q1 ’25: $134MQ2 ’25: $172MQ3 ’25: $151MQ4 ’25: $109MQ4 ’25Q1 ’26: $82Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.9%Other: 7.0%US DOMESTIC: 3.8%REIT: 0.3%Equity WRT: 0.0%
  • Common Stock · 88.9% · $1.1B
  • Other · 7.0% · $87M
  • US DOMESTIC · 3.8% · $47M
  • REIT · 0.3% · $4M
  • Equity WRT · 0.0% · $112,237

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ODDITY TECH LTDNEW+1.78M1.78M+$51M$51M
TRISALUS LIFE SCIENCES INCNEW+133.3K133.3K+$50,667$50,667
FNCHQFINCH THERAPEUTICS GROUP INCNEW+5.1K5.1K+$26,485$26,485
XPOFXPONENTIAL FITNESS INCADDED+946.8K1.76M+$13M$27M
BLACKSTONE MORTGAGE TRUST INSOLD OUT−7.00M0−$6M$0
SUNLIGHT FINANCIAL HOLDINGSSOLD OUT−590.0K0−$171,100$0
MEDTECH ACQUISITION CORPSOLD OUT−133.3K0−$5,587$0
WEWORK INCSOLD OUT−50.0K0−$842$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HAYWHAYWARD HLDGS INChistory →COM81.39%$1.0B71.54M
2ODDITY TECH LTDSHS CL A4.08%$51M1.78M
3DISH NETWORK CORPORATIONNOTE 2.375% 3/1 · NOTE 3.375% 8/13.80%$47M51.00M
4XPOFXPONENTIAL FITNESS INChistory →COM CL A2.20%$27M1.76M
5STEALTHGAS INCSHS1.43%$18M3.52M
6RENEW ENERGY GLOBAL PLCCL A SHS1.14%$14M2.61M
7ASTLALGOMA STL GROUP INCCOM0.44%$6M810.0K
8JPMJPMORGAN CHASE & COCOM0.44%$5M37.5K
9ICDUSDINDEPENDENCE CONTRACT DRILLICOM0.41%$5M1.70M
10FCNCAFIRST CTZNS BANCSHARES INC NCL A0.41%$5M3.7K
11WFCWELLS FARGO CO NEWCOM0.37%$5M112.3K
12SAFESAFEHOLD INCCOM0.32%$4M222.6K
13LTHLIFE TIME GROUP HOLDINGS INCCOMMON STOCK0.28%$3M230.0K
14GSGOLDMAN SACHS GROUP INCCOM0.28%$3M10.6K
15MTBM & T BK CORPCOM0.22%$3M21.9K
16CMACOMERICA INCCOM0.20%$3M61.0K
17SITIO ROYALTIES CORPCLASS A COM0.18%$2M90.0K
18TRVCCITIGROUP INCCOM NEW0.17%$2M52.0K
19PNCPNC FINL SVCS GROUP INCCOM0.16%$2M16.5K
20ALAUNOS THERAPEUTICS INCCOM0.16%$2M15.15M
21CCOCLEAR CHANNEL OUTDOOR HLDGSCOM0.15%$2M1.22M
22CMRXEURCHIMERIX INCCOM0.15%$2M2.00M
23CFGCITIZENS FINL GROUP INCCOM0.14%$2M62.7K
24ZIONZIONS BANCORPORATION N ACOM0.14%$2M48.1K
25IHRTIHEARTMEDIA INCCOM CL A0.13%$2M493.8K
26PLPLANET LABS PBCCOM CL A0.12%$2M587.9K
27PGENPRECIGEN INCCOM0.11%$1M960.0K
28COFCAPITAL ONE FINL CORPCOM0.10%$1M12.4K
29KEYKEYCORPCOM0.09%$1M103.4K
30HBANHUNTINGTON BANCSHARES INCCOM0.08%$1M100.6K
31IBOCINTERNATIONAL BANCSHARES CORCOM0.08%$984,68522.7K
32RFREGIONS FINANCIAL CORP NEWCOM0.07%$875,08450.9K
33BACBANK AMERICA CORPCOM0.07%$846,48030.9K
34WBSWEBSTER FINL CORPCOM0.06%$790,03619.6K
35FITBFIFTH THIRD BANCORPCOM0.06%$712,91328.1K
36KALEYRA INCCOM0.04%$435,09560.1K
37CADECADENCE BANKCOM0.03%$353,31316.6K
38DANIMER SCIENTIFIC INCCOM CL A0.03%$310,500150.0K
39GDYNGRID DYNAMICS HLDGS INCCL A0.02%$304,50025.0K
40FSLYFASTLY INCCL A0.02%$253,04413.2K
41LNCLINCOLN NATL CORP INDCOM0.02%$203,4468.2K
42SOFISOFI TECHNOLOGIES INCCOM0.02%$199,75025.0K
43MESA AIR GROUP INCCOM NEW0.02%$195,852228.0K
44HLTHQCUE HEALTH INCCOM0.01%$174,818395.2K
45CLOVCLOVER HEALTH INVESTMENTS COCOM CL A0.01%$158,409146.7K
46INDIE SEMICONDUCTOR INC*W EXP 06/10/2020.01%$133,50075.0K
47BRIDGETOWN HOLDINGS LTD*W EXP 09/30/2020.01%$119,000350.0K
48AVEPOINT INC*W EXP 09/18/2020.01%$98,000100.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$82M8May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$109M7Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$151M7Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$172M7Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$134M9May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$142M9Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$158M17Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.0B18Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.2B18May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023REVEALED$1.2B40Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.2B69Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B70Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B73May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.0B77Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$597M80Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$585M90Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$645M91May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.1B119Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.7B111Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.0B106Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.4B81May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$598M39Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$478M34Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$392M27Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$370M26May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$454M18Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$745M27Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$825M26Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$808M26May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$916M25Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.