Hedge Fund - Chescapmanager LLC

Traci J. Lerner Bio, Returns, AUM, Net Worth

Chescapmanager, an investment fund overseen by Mark Lerner, manages assets exceeding $646 million. Diversifying across 10 sectors, their largest sector allocation is currently in Technology, constituting 18.4% of the total portfolio value. With a focus on investments primarily within the United States, approximately 44.7% of the portfolio companies are based in the U.S.

Traci J. Lerner, President at Chesapeake Partners Management Co., Inc., co-founded the firm in 1991 alongside her husband, Mark. Before her tenure at Chesapeake, she served as Senior Vice President at Dillon, Read & Co., overseeing investments in risk arbitrage, bankruptcy, and reorganization. Earlier, she worked as a Research Analyst in the mergers and acquisitions department at Citicorp, contributing to various public and private transactions. Traci earned her BS in Economics from The Wharton School of the University of Pennsylvania.

In their latest 13F filing for Q4 2023, Chescapmanager reported managing $1,025,855,466 in 13F securities, with a notable concentration of 64.32% among their top 10 holdings. Their largest holding is in Invesco QQQ Trust, Series 1, with a substantial 500,000 shares held.

Traci J. Lerner
Fund Profile
Filing Period:
Fund Name: Chescapmanager LLC
Manager Traci J. Lerner
Portfolio Value $1,028,975,144
Change This QTR +1.00%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. NVDA 1,000,000 $90,356,000 +234% 8.78%
2. NVDA 1,000,000 $90,356,000 -45% 8.78%
3. GOOG 560,000 $84,520,800 +124% 8.21%
4. VRT 982,725 $80,259,151 -14% 7.79%
5. AMZN 350,000 $63,133,000 +40% 6.13%
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