Princeton Capital Management 13F annual report
Princeton Capital Management is an investment fund managing more than $307 billion ran by Joseph Cajigal. There are currently 108 companies in Mr. Cajigal’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $80.4 billion.
$307 billion Assets Under Management (AUM)
As of 25th July 2024, Princeton Capital Management’s top holding is 414,761 shares of NVIDIA Corp currently worth over $51.2 billion and making up 16.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Princeton Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 138,317 shares of Apple Inc worth $29.1 billion, whose value grew 18.8% in the past six months.
The third-largest holding is Microsoft worth $25.1 billion and the next is Amazon.com worth $22.9 billion, with 118,506 shares owned.
Currently, Princeton Capital Management's portfolio is worth at least $307 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Princeton Capital Management
The Princeton Capital Management office and employees reside in Red Bank, New Jersey. According to the last 13-F report filed with the SEC, Joseph Cajigal serves as the Chief Compliance Officer at Princeton Capital Management.
Recent trades
In the most recent 13F filing, Princeton Capital Management revealed that it had opened a new position in
Ge Vernova Inc and bought 3,419 shares worth $586 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
373,697 additional shares.
This makes their stake in NVIDIA Corp total 414,761 shares worth $51.2 billion.
NVIDIA Corp dropped 74.8% in the past year.
On the other hand, there are companies that Princeton Capital Management is getting rid of from its portfolio.
Princeton Capital Management closed its position in Textron on 1st August 2024.
It sold the previously owned 4,769 shares for $458 million.
Joseph Cajigal also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $20.2 billion and 110,917 shares.
One of the smaller hedge funds
The two most similar investment funds to Princeton Capital Management are Hall Kathryn A and Forge First Asset Management. They manage $307 billion and $307 billion respectively.
Joseph Cajigal investment strategy
Princeton Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 46.5% of
the total portfolio value.
The fund focuses on investments in the United States as
67.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
55% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $182 billion.
The complete list of Princeton Capital Management trades based on 13F SEC filings
These positions were updated on August 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| NVIDIA Corp |
910.04%
414,761
|
$51,239,531,000 | 16.70% |
| Apple Inc |
0.21%
138,317
|
$29,132,314,000 | 9.50% |
| Microsoft Corporation |
0.21%
56,167
|
$25,103,916,000 | 8.18% |
| Amazon.com Inc. |
0.69%
118,506
|
$22,901,285,000 | 7.46% |
| Alphabet Inc |
6.46%
110,917
|
$20,225,041,000 | 6.59% |
| Eli Lilly & Co |
1.69%
13,989
|
$12,665,286,000 | 4.13% |
| Universal Display Corp. |
1.24%
48,295
|
$10,154,054,000 | 3.31% |
| Qualcomm, Inc. |
0.10%
40,701
|
$8,106,903,000 | 2.64% |
| Vertex Pharmaceuticals, Inc. |
1.27%
15,036
|
$7,047,674,000 | 2.30% |
| Novo-nordisk A S |
0.70%
48,857
|
$6,973,907,000 | 2.27% |
| Quanta Svcs Inc |
1.65%
24,171
|
$6,141,609,000 | 2.00% |
| American Tower Corp. |
3.28%
31,004
|
$6,026,648,000 | 1.96% |
| Nxp Semiconductors N V |
0.29%
22,286
|
$5,996,970,000 | 1.95% |
| Crowdstrike Holdings Inc |
126.06%
12,022
|
$4,606,710,000 | 1.50% |
| Disney Walt Co |
1.04%
44,579
|
$4,426,217,000 | 1.44% |
| Zscaler Inc |
0.55%
23,010
|
$4,422,292,000 | 1.44% |
| Mastercard Incorporated |
0.74%
8,887
|
$3,920,785,000 | 1.28% |
| Advanced Micro Devices Inc. |
3.14%
19,628
|
$3,183,858,000 | 1.04% |
| Costco Whsl Corp New |
0.42%
3,559
|
$3,024,763,000 | 0.99% |
| Merck & Co Inc |
0.03%
24,431
|
$3,024,560,000 | 0.99% |
| Broadcom Inc |
6.50%
1,703
|
$2,734,218,000 | 0.89% |
| AMGEN Inc. |
5.19%
8,731
|
$2,728,088,000 | 0.89% |
| Microchip Technology, Inc. |
6.72%
27,732
|
$2,537,416,000 | 0.83% |
| Verizon Communications Inc |
2.22%
61,344
|
$2,529,837,000 | 0.82% |
| Linde Plc. |
0.97%
5,498
|
$2,412,748,000 | 0.79% |
| GE Aerospace |
23.91%
13,628
|
$2,166,478,000 | 0.71% |
| JPMorgan Chase & Co. |
3.71%
10,616
|
$2,147,199,000 | 0.70% |
| Corning, Inc. |
4.44%
54,611
|
$2,121,637,000 | 0.69% |
| Zoetis Inc |
9.16%
11,355
|
$1,968,583,000 | 0.64% |
| Deere & Co. |
0.65%
5,203
|
$1,943,997,000 | 0.63% |
| Visa Inc |
3.20%
7,167
|
$1,881,064,000 | 0.61% |
| Abbvie Inc |
0.93%
10,097
|
$1,731,832,000 | 0.56% |
| Caterpillar Inc. |
1.31%
4,973
|
$1,656,506,000 | 0.54% |
| Moderna Inc |
7.30%
13,420
|
$1,593,625,000 | 0.52% |
| Entegris Inc |
9.36%
10,503
|
$1,422,106,000 | 0.46% |
| Bank America Corp |
2.81%
35,727
|
$1,420,863,000 | 0.46% |
| Hewlett Packard Enterprise C |
18.15%
67,070
|
$1,419,874,000 | 0.46% |
| Ishares Tr |
14.55%
18,955
|
$2,066,195,000 | 0.67% |
| Vanguard Index Fds |
3.06%
2,756
|
$1,378,201,000 | 0.45% |
| Regeneron Pharmaceuticals, Inc. |
43.95%
1,284
|
$1,349,523,000 | 0.44% |
| Marvell Technology Inc |
15.34%
19,163
|
$1,339,494,000 | 0.44% |
| Tesla Inc |
84.97%
6,472
|
$1,280,967,000 | 0.42% |
| Canadian Pacific Kansas City |
42.41%
16,208
|
$1,276,056,000 | 0.42% |
| Permian Resources Corp |
8.08%
77,004
|
$1,243,615,000 | 0.41% |
| AECOM |
5.31%
13,996
|
$1,233,607,000 | 0.40% |
| Martin Marietta Matls Inc |
3.07%
2,272
|
$1,230,970,000 | 0.40% |
| Freeport-McMoRan Inc |
13.51%
23,980
|
$1,165,428,000 | 0.38% |
| MongoDB Inc |
0.16%
4,512
|
$1,127,820,000 | 0.37% |
| HP Inc |
7.15%
30,704
|
$1,075,258,000 | 0.35% |
| Iron Mtn Inc Del |
1.28%
10,942
|
$980,622,000 | 0.32% |
| Cisco Sys Inc |
8.44%
20,587
|
$978,095,000 | 0.32% |
| Boeing Co. |
77.61%
4,642
|
$844,890,000 | 0.28% |
| IPG Photonics Corp |
6.34%
7,435
|
$627,440,000 | 0.20% |
| PayPal Holdings Inc |
32.14%
10,394
|
$603,164,000 | 0.20% |
| Ge Vernova Inc |
Opened
3,419
|
$586,393,000 | 0.19% |
| Vulcan Matls Co |
0.97%
1,938
|
$481,942,000 | 0.16% |
| Pfizer Inc. |
5.09%
16,690
|
$466,977,000 | 0.15% |
| Textron Inc. |
Closed
4,769
|
$457,501,000 | |
| Procter And Gamble Co |
8.01%
2,746
|
$452,840,000 | 0.15% |
| Incyte Corp. |
32.81%
7,310
|
$443,132,000 | 0.14% |
| Qualys Inc |
21.52%
3,016
|
$430,082,000 | 0.14% |
| Duke Energy Corp. |
13.58%
4,263
|
$427,237,000 | 0.14% |
| Chevron Corp. |
1.89%
2,699
|
$422,178,000 | 0.14% |
| Qorvo Inc |
14.23%
3,496
|
$405,676,000 | 0.13% |
| Mckesson Corporation |
No change
681
|
$397,731,000 | 0.13% |
| Meta Platforms Inc |
37.28%
788
|
$397,325,000 | 0.13% |
| Mcdonalds Corp |
0.91%
1,547
|
$394,237,000 | 0.13% |
| Chipotle Mexican Grill |
Closed
135
|
$392,414,000 | |
| Home Depot, Inc. |
2.24%
1,139
|
$392,228,000 | 0.13% |
| Illumina Inc |
Closed
2,805
|
$385,183,000 | |
| Rio Tinto plc |
36.09%
5,566
|
$366,966,000 | 0.12% |
| MGM Resorts International |
No change
7,500
|
$333,300,000 | 0.11% |
| Dycom Inds Inc |
2.67%
1,858
|
$313,556,000 | 0.10% |
| Lockheed Martin Corp. |
Opened
619
|
$289,186,000 | 0.09% |
| UiPath, Inc. |
29.65%
22,791
|
$288,990,000 | 0.09% |
| Synopsys, Inc. |
Opened
476
|
$283,249,000 | 0.09% |
| Aercap Holdings Nv |
No change
2,980
|
$277,736,000 | 0.09% |
| BlackLine Inc |
Closed
4,250
|
$274,465,000 | |
| Exxon Mobil Corp. |
8.58%
2,304
|
$265,246,000 | 0.09% |
| Union Pac Corp |
No change
1,158
|
$262,009,000 | 0.09% |
| Tjx Cos Inc New |
8.50%
2,374
|
$261,377,000 | 0.09% |
| RTX Corp |
Opened
2,599
|
$260,923,000 | 0.09% |
| Honeywell International Inc |
1.51%
1,211
|
$258,597,000 | 0.08% |
| Bristol-Myers Squibb Co. |
11.51%
6,187
|
$256,957,000 | 0.08% |
| Crown Castle Inc |
No change
2,603
|
$254,313,000 | 0.08% |
| Salesforce Inc |
18.78%
973
|
$250,182,000 | 0.08% |
| Pegasystems Inc. |
No change
4,000
|
$242,120,000 | 0.08% |
| Coca-Cola Co |
No change
3,747
|
$238,497,000 | 0.08% |
| Byline Bancorp Inc |
Opened
10,000
|
$237,400,000 | 0.08% |
| Johnson & Johnson |
7.35%
1,622
|
$237,033,000 | 0.08% |
| AXT Inc |
19.82%
68,759
|
$232,405,000 | 0.08% |
| American Express Co. |
5.15%
1,000
|
$231,550,000 | 0.08% |
| Shockwave Med Inc |
Closed
708
|
$230,546,000 | |
| Nike, Inc. |
Closed
2,377
|
$223,390,000 | |
| Goldman Sachs Group, Inc. |
No change
482
|
$218,018,000 | 0.07% |
| Uber Technologies Inc |
Opened
2,901
|
$210,845,000 | 0.07% |
| Blackstone Inc |
Closed
1,565
|
$205,599,000 | |
| Ishares Tr |
Closed
2,748
|
$408,757,000 | |
| Vanguard Whitehall Fds |
Opened
1,730
|
$205,178,000 | 0.07% |
| AT&T Inc. |
No change
10,713
|
$204,733,000 | 0.07% |
| Wynn Resorts Ltd. |
Closed
2,000
|
$204,440,000 | |
| Capital City Bk Group Inc |
Opened
7,183
|
$204,285,000 | 0.07% |
| Wintrust Finl Corp |
Opened
2,072
|
$204,216,000 | 0.07% |
| Asml Holding N V |
Opened
197
|
$201,478,000 | 0.07% |
| Civista Bancshares Inc |
Opened
12,222
|
$189,319,000 | 0.06% |
| Old Second Bancorp Inc Ill |
Opened
12,770
|
$189,124,000 | 0.06% |
| Brookline Bancorp, Inc. |
Opened
18,000
|
$150,300,000 | 0.05% |
| Sb Finl Group Inc |
Opened
10,408
|
$145,712,000 | 0.05% |
| Flushing Finl Corp |
Opened
11,000
|
$144,650,000 | 0.05% |
| Sterling Bancorp Inc |
60.57%
26,511
|
$138,653,000 | 0.05% |
| Heritage Comm Corp |
Opened
15,041
|
$130,857,000 | 0.04% |
| Infinera Corp. |
Closed
19,916
|
$120,093,000 | |
| FVCBankcorp Inc |
Opened
10,000
|
$109,200,000 | 0.04% |
| Primis Financial Corp |
Opened
10,000
|
$104,800,000 | 0.03% |
| Velo3d Inc |
Opened
30,000
|
$99,600,000 | 0.03% |
| Rigetti Computing Inc |
24.60%
39,235
|
$41,981,000 | 0.01% |
| Cerus Corp. |
No change
10,000
|
$17,600,000 | 0.01% |
| Velo3d Inc |
Closed
30,000
|
$13,668,000 | |
| Microvision Inc. |
51.32%
10,671
|
$11,311,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 119 holdings | |||
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