Sixth Street Partners Management Company, L.P. Buys AvePoint Inc, AvidXchange Holdings Inc

Investment company

Sixth Street Partners Management Company, L.P. (Current Portfolio) buys AvePoint Inc, AvidXchange Holdings Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Sixth Street Partners Management Company, L.P.. As of 2021Q4, Sixth Street Partners Management Company, L.P. owns 9 stocks with a total value of $1.3 billion. These are the details of the buys and sells.

• New Purchases: AVPT, AVDX,
• Added Positions: ALLY,
• Reduced Positions: LNG, ABNB,

For the details of Sixth Street Partners Management Company, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/sixth+street+partners+management+company%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Sixth Street Partners Management Company, L.P.

1. PG&E Corp (PCG) - 32,904,288 shares, 30.55% of the total portfolio.
2. Cheniere Energy Inc (LNG) - 2,180,903 shares, 16.92% of the total portfolio. Shares reduced by 13.83%
3. Atlas Air Worldwide Holdings Inc (AAWW) - 2,007,000 shares, 14.45% of the total portfolio.
4. AvePoint Inc (AVPT) - 28,500,592 shares, 13.71% of the total portfolio. New Position
5. Ally Financial Inc (ALLY) - 3,544,954 shares, 12.91% of the total portfolio. Shares added by 7.59%

New Purchase: AvePoint Inc (AVPT)

Sixth Street Partners Management Company, L.P. initiated holding in AvePoint Inc. The purchase prices were between $6.14 and $9.49, with an estimated average price of $7.7. The stock is now traded at around $5.740000. The impact to a portfolio due to this purchase was 13.71%. The holding were 28,500,592 shares as of 2021-12-31.

New Purchase: AvidXchange Holdings Inc (AVDX)

Sixth Street Partners Management Company, L.P. initiated holding in AvidXchange Holdings Inc. The purchase prices were between $15.06 and $26.57, with an estimated average price of $20.81. The stock is now traded at around $9.830000. The impact to a portfolio due to this purchase was 2.15%. The holding were 1,863,371 shares as of 2021-12-31.

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