Managers / Q4 2023 · view latest →
Compass Rose Asset Management, LP
CIK 0001758811 · 124 EAST 14TH STREET, 21ST FLOOR, NEW YORK, NY, 10003 · 212-888-1433
Summary
Compass Rose Asset Management, LP reported $239M in U.S.-listed holdings across 5 positions for Q4 2023.
Its largest position, PFE, represents 12.5% of the portfolio.
Compared with Q3 2023, the fund opened 2 new positions and exited 4.
Portfolio Metrics
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
Portfolio Composition
- ETP · 66.5% · $159M
- Common Stock · 33.5% · $80M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PFEPFIZER INC | NEW | +2.04M | 2.04M | +$59M | $59M |
| BMYBRISTOL-MYERS SQUIBB CO | NEW | +420.0K | 420.0K | +$22M | $22M |
| KRANESHARES TR | ADDED | +3.73M | 5.00M | +$100M | $135M |
| BACVERIZON COMMUNICATIONS INC | SOLD OUT | −1.13M | 0 | −$36M | $0 |
| FFORD MTR CO DEL | SOLD OUT | −2.80M | 0 | −$35M | $0 |
| GMGENERAL MTRS CO | SOLD OUT | −1.05M | 0 | −$35M | $0 |
| RADEURRITE AID CORP | SOLD OUT | −118.0K | 0 | −$52,864 | $0 |
| ISHARES TR | TRIMMED | −259.0K | 1.00M | −$9M | $24M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PFEPFIZER INChistory → | COM | 12.46% | $30M | 1.03M |
| 2 | ISHARES TR | CHINA LG-CAP ETF | 10.05% | $24M | 1.00M |
| 3 | BMYBRISTOL-MYERS SQUIBB COhistory → | COM | 9.01% | $22M | 420.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $1.3B | 19 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $1.2B | 25 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $598M | 19 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $500M | 20 | Aug 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $320M | 20 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $250M | 16 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $115M | 12 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $57M | 7 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $92M | 6 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $239M | 5 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $174M | 8 | Nov 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $511M | 5 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $140M | 3 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $57M | 1 | Feb 13, 2023 | 13F-HR | changes · 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 ↗.