We break down the stocks Hamilton Helmer (Strategy Capital) bought, sold, and held in Q1 2024, including their holdings at the end of the quarter. All data sourced from Strategy Capital's 13F filed on May 14, 2024.
Who are Hamilton Helmer and Strategy Capital?
Strategy Capital is a focused investment firm founded by Hamilton Helmer, author of the influential business strategy book 7 Powers. The firm maintains a highly concentrated portfolio of select growth businesses with sustainable competitive advantages. Helmer's investment approach centers on identifying companies utilizing distinctive strategic frameworks to disrupt markets and capture substantial market share.
Strategycapital.com
Wikipedia on Hamilton Helmer
7 Powers (Book)
Portfolio Changes in Q1 2024
New positions
Strategy Capital did not initiate any new positions during Q1 2024.
Bought
Strategy Capital added to all of its existing technology holdings, with the largest increases in Shopify (SHOP) (+33,550 shares), Cloudflare (NET) (+27,622 shares), and Datadog (DDOG) (+22,916 shares). The fund also increased positions in Amazon (AMZN), CrowdStrike Holdings (CRWD), Axon Enterprise (AXON), Monday.com (MNDY), Meta (META), and Tesla (TSLA), demonstrating continued conviction in its technology-focused portfolio despite Tesla (TSLA) being the only holding to generate negative returns (-27.82%) during the quarter.
Sold
Strategy Capital completely liquidated its position in Atlassian (TEAM), selling all 297,441 shares worth approximately $70.7 million, representing the fund's only major exit during the quarter.
Holdings at the end of Q1 2024
| Ticker | Company | Weight | Change | Value |
|---|---|---|---|---|
| CRWD | CrowdStrike Holdings | 16.1% | Added (+2%) | $158.35M |
| AMZN | Amazon | 15.6% | Added (+2%) | $154M |
| DDOG | Datadog | 14.3% | Added (+2%) | $140.74M |
| NET | Cloudflare | 13.5% | Added (+2%) | $132.74M |
| SHOP | Shopify | 12.9% | Added (+2%) | $127.44M |
| META | Meta | 10.9% | Added (+2%) | $107.03M |
| AXON | Axon Enterprise | 8.7% | Added (+2%) | $85.42M |
| MNDY | Monday.com | 5.4% | Added (+2%) | $53.34M |
| TSLA | Tesla | 2.6% | Added (+2%) | $25.95M |
| TEAM | Atlassian | 0.0% | Exited | $0 |
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