Costello Asset Management, Inc 13F annual report
Costello Asset Management, Inc is an investment fund managing more than $134 billion ran by Robert Jr.. There are currently 153 companies in Mr. Jr.’s portfolio. The largest investments include Microsoft and Berkshire Hathaway, together worth $16.7 billion.
$134 billion Assets Under Management (AUM)
As of 25th July 2024, Costello Asset Management, Inc’s top holding is 20,831 shares of Microsoft currently worth over $9.31 billion and making up 6.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Costello Asset Management, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 18,227 shares of Berkshire Hathaway worth $7.41 billion, whose value grew 13.3% in the past six months.
The third-largest holding is Amazon.com worth $6.76 billion and the next is Johnson Johnson worth $6 billion, with 41,061 shares owned.
Currently, Costello Asset Management, Inc's portfolio is worth at least $134 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 Costello Asset Management, Inc
The Costello Asset Management, Inc office and employees reside in Feasterville, Pennsylvania. According to the last 13-F report filed with the SEC, Robert Jr. serves as the President at Costello Asset Management, Inc.
Recent trades
In the most recent 13F filing, Costello Asset Management, Inc revealed that it had opened a new position in
Arista Networks Inc and bought 75 shares worth $26.3 million.
This means they effectively own approximately 0.1% of the company.
Arista Networks Inc makes up
0.1%
of the fund's Technology sector allocation and has grown its share price by 86.7% in the past year.
The investment fund also strengthened its position in Microsoft by buying
68 additional shares.
This makes their stake in Microsoft total 20,831 shares worth $9.31 billion.
Microsoft soared 24.4% in the past year.
On the other hand, there are companies that Costello Asset Management, Inc is getting rid of from its portfolio.
Costello Asset Management, Inc closed its position in Bank America Corp on 1st August 2024.
It sold the previously owned 2,839 shares for $108 million.
Robert Jr. also disclosed a decreased stake in Johnson Johnson by approximately 0.1%.
This leaves the value of the investment at $6 billion and 41,061 shares.
One of the smallest hedge funds
The two most similar investment funds to Costello Asset Management, Inc are Bancreek Capital Management, L.P. and Omni 360 Wealth. They manage $134 billion and $134 billion respectively.
Robert Jr. investment strategy
Costello Asset Management, Inc’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 17.9% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 0.7% of the portfolio.
The average market cap of the portfolio companies is close to $161 billion.
The complete list of Costello Asset Management, Inc 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 |
|---|---|---|---|
| Microsoft Corporation |
0.33%
20,831
|
$9,310,507,000 | 6.94% |
| Berkshire Hathaway Inc. |
16.05%
18,227
|
$7,414,744,000 | 5.53% |
| Amazon.com Inc. |
3.54%
35,000
|
$6,763,750,000 | 5.04% |
| Johnson Johnson |
4.90%
41,061
|
$6,001,538,000 | 4.47% |
| Pepsico Inc |
3.85%
35,427
|
$5,842,997,000 | 4.36% |
| Boston Scientific Corp. |
16.73%
74,878
|
$5,766,355,000 | 4.30% |
| Alphabet Inc |
2.79%
59,421
|
$10,860,444,000 | 8.10% |
| Artesian Res Corp |
6.59%
156,489
|
$5,502,141,000 | 4.10% |
| Merck Co Inc |
1.54%
34,325
|
$4,249,391,000 | 3.17% |
| Essential Utils Inc |
3.40%
101,890
|
$3,803,570,000 | 2.84% |
| Novo-nordisk A S |
106.41%
25,884
|
$3,694,682,000 | 2.75% |
| Unitedhealth Group Inc |
5.94%
6,648
|
$3,385,560,000 | 2.52% |
| Paychex Inc. |
0.42%
28,410
|
$3,368,250,000 | 2.51% |
| Whirlpool Corp. |
16.82%
32,952
|
$3,367,724,000 | 2.51% |
| Starbucks Corp. |
14.03%
40,629
|
$3,162,929,000 | 2.36% |
| Sysco Corp. |
8.12%
44,127
|
$3,150,227,000 | 2.35% |
| CSX Corp. |
6.12%
93,491
|
$3,127,274,000 | 2.33% |
| Mondelez International Inc. |
3.29%
46,914
|
$3,070,057,000 | 2.29% |
| Zimmer Biomet Holdings Inc |
5.66%
26,177
|
$2,840,990,000 | 2.12% |
| Disney Walt Co |
19.74%
25,773
|
$2,559,001,000 | 1.91% |
| Eli Lilly Co |
4.72%
2,766
|
$2,504,336,000 | 1.87% |
| Constellation Energy Corp |
16.39%
12,020
|
$2,407,245,000 | 1.79% |
| NVIDIA Corp |
16,599.13%
19,204
|
$2,372,462,000 | 1.77% |
| Target Corp |
9.86%
15,425
|
$2,283,517,000 | 1.70% |
| Visa Inc |
815.66%
7,600
|
$1,994,772,000 | 1.49% |
| Spdr Sp 500 Etf Tr |
22.97%
3,046
|
$1,657,795,000 | 1.24% |
| Apple Inc |
12.89%
7,319
|
$1,541,437,000 | 1.15% |
| PayPal Holdings Inc |
1.98%
26,220
|
$1,521,547,000 | 1.13% |
| Tjx Cos Inc New |
50.68%
13,525
|
$1,489,103,000 | 1.11% |
| Jpmorgan Chase Co. |
2.16%
6,802
|
$1,375,773,000 | 1.03% |
| Deere Co |
10.37%
3,474
|
$1,297,991,000 | 0.97% |
| Walmart Inc |
1.36%
18,619
|
$1,260,692,000 | 0.94% |
| Caterpillar Inc. |
0.80%
3,083
|
$1,026,947,000 | 0.77% |
| Chevron Corp. |
17.45%
5,858
|
$916,277,000 | 0.68% |
| PPL Corp |
35.94%
30,470
|
$842,496,000 | 0.63% |
| Comcast Corp New |
5.85%
18,376
|
$719,602,000 | 0.54% |
| Duke Energy Corp. |
2.73%
6,860
|
$687,570,000 | 0.51% |
| Marvell Technology Inc |
51.48%
8,901
|
$622,180,000 | 0.46% |
| Schwab Strategic Tr |
41.51%
9,525
|
$694,123,000 | 0.52% |
| NextEra Energy Inc |
10.74%
7,269
|
$514,718,000 | 0.38% |
| Global Pmts Inc |
16.81%
5,255
|
$508,159,000 | 0.38% |
| Fedex Corp |
11.41%
1,600
|
$479,744,000 | 0.36% |
| Verizon Communications Inc |
15.56%
11,170
|
$460,651,000 | 0.34% |
| Crowdstrike Holdings Inc |
5.56%
1,045
|
$400,434,000 | 0.30% |
| Rockwell Automation Inc |
No change
1,400
|
$385,392,000 | 0.29% |
| Exelon Corp. |
7.47%
10,107
|
$349,810,000 | 0.26% |
| Att Inc |
23.81%
16,027
|
$306,280,000 | 0.23% |
| Ishares Tr |
8.12%
7,744
|
$776,374,000 | 0.58% |
| Pfizer Inc. |
No change
10,130
|
$283,437,000 | 0.21% |
| Johnson Ctls Intl Plc |
8.95%
3,969
|
$263,819,000 | 0.20% |
| Parker-Hannifin Corp. |
63.00%
489
|
$247,341,000 | 0.18% |
| Paramount Global |
No change
22,948
|
$238,430,000 | 0.18% |
| Philip Morris International Inc |
2.32%
2,104
|
$213,198,000 | 0.16% |
| Genuine Parts Co. |
405.00%
1,515
|
$209,555,000 | 0.16% |
| J J Snack Foods Corp |
80.72%
1,200
|
$194,844,000 | 0.15% |
| Toronto Dominion Bk Ont |
16.56%
3,400
|
$186,864,000 | 0.14% |
| Lci Inds |
No change
1,760
|
$181,949,000 | 0.14% |
| Meta Platforms Inc |
46.13%
292
|
$147,232,000 | 0.11% |
| Union Pac Corp |
No change
576
|
$130,349,000 | 0.10% |
| British Amern Tob Plc |
No change
4,208
|
$130,153,000 | 0.10% |
| Mcdonalds Corp |
0.21%
471
|
$119,992,000 | 0.09% |
| DuPont de Nemours Inc |
No change
1,405
|
$113,089,000 | 0.08% |
| RTX Corp |
8.16%
1,125
|
$112,939,000 | 0.08% |
| Kimberly-Clark Corp. |
90.70%
817
|
$112,909,000 | 0.08% |
| Select Sector Spdr Tr |
No change
1,025
|
$133,000,000 | 0.10% |
| Bank America Corp |
Closed
2,839
|
$107,649,000 | |
| Ishares Tr |
Closed
895
|
$103,650,000 | |
| Belden Inc |
No change
1,000
|
$93,800,000 | 0.07% |
| Spdr Sp Midcap 400 Etf Tr |
No change
172
|
$92,034,000 | 0.07% |
| Illinois Tool Wks Inc |
8.33%
385
|
$91,230,000 | 0.07% |
| Colgate-Palmolive Co. |
No change
900
|
$87,336,000 | 0.07% |
| Mccormick Co Inc |
19.93%
1,205
|
$85,483,000 | 0.06% |
| Eaton Corp Plc |
No change
270
|
$84,659,000 | 0.06% |
| CMS Energy Corporation |
No change
1,408
|
$83,818,000 | 0.06% |
| York Wtr Co |
No change
2,227
|
$82,599,000 | 0.06% |
| Conocophillips |
No change
700
|
$80,066,000 | 0.06% |
| Boeing Co. |
No change
416
|
$75,716,000 | 0.06% |
| Qualcomm, Inc. |
24.41%
367
|
$73,136,000 | 0.05% |
| Home Depot, Inc. |
No change
200
|
$68,848,000 | 0.05% |
| Mueller Inds Inc |
No change
1,184
|
$67,417,000 | 0.05% |
| Exelixis Inc |
3.42%
2,820
|
$63,365,000 | 0.05% |
| Baxter International Inc. |
Closed
1,446
|
$61,806,000 | |
| Citigroup Inc |
Closed
944
|
$59,695,000 | |
| Wynn Resorts Ltd. |
No change
662
|
$59,249,000 | 0.04% |
| Altria Group Inc. |
No change
1,300
|
$59,215,000 | 0.04% |
| Dow Inc |
No change
1,074
|
$56,976,000 | 0.04% |
| Vanguard Index Fds |
No change
119
|
$57,515,000 | 0.04% |
| Exxon Mobil Corp. |
No change
480
|
$55,258,000 | 0.04% |
| Skyworks Solutions, Inc. |
No change
491
|
$52,331,000 | 0.04% |
| Tesla Inc |
No change
240
|
$47,491,000 | 0.04% |
| Schwab Charles Corp |
No change
610
|
$44,951,000 | 0.03% |
| NiSource Inc |
No change
1,500
|
$43,215,000 | 0.03% |
| Restaurant Brands International Inc |
61.29%
600
|
$42,222,000 | 0.03% |
| Goldman Sachs Group, Inc. |
50.00%
90
|
$40,709,000 | 0.03% |
| Us Bancorp Del |
No change
1,000
|
$39,700,000 | 0.03% |
| Hershey Company |
Closed
200
|
$38,900,000 | |
| Spdr Ser Tr |
0.18%
1,131
|
$67,572,000 | 0.05% |
| Stryker Corp. |
No change
100
|
$34,025,000 | 0.03% |
| Consolidated Edison, Inc. |
No change
330
|
$29,509,000 | 0.02% |
| Coca-Cola Co |
19.96%
441
|
$28,070,000 | 0.02% |
| Vanguard World Fd |
34.13%
193
|
$36,055,000 | 0.03% |
| Arista Networks Inc |
Opened
75
|
$26,286,000 | 0.02% |
| Arrowhead Pharmaceuticals In |
No change
990
|
$25,730,000 | 0.02% |
| Otis Worldwide Corporation |
No change
262
|
$25,220,000 | 0.02% |
| Ford Mtr Co Del |
No change
2,000
|
$25,080,000 | 0.02% |
| Spdr Dow Jones Indl Average |
Closed
60
|
$23,866,000 | |
| Wells Fargo Co New |
No change
398
|
$23,637,000 | 0.02% |
| Spdr Gold Tr |
No change
100
|
$21,501,000 | 0.02% |
| Howard Hughes Corporation |
No change
329
|
$21,326,000 | 0.02% |
| Invesco Exchange Traded Fd T |
No change
200
|
$19,406,000 | 0.01% |
| Travelzoo |
19.67%
2,450
|
$18,596,000 | 0.01% |
| Salesforce Inc |
No change
69
|
$17,740,000 | 0.01% |
| Ross Stores, Inc. |
No change
106
|
$15,404,000 | 0.01% |
| Unilever plc |
89.32%
275
|
$15,122,000 | 0.01% |
| Shell Plc |
No change
200
|
$14,436,000 | 0.01% |
| Vanguard Scottsdale Fds |
No change
175
|
$14,345,000 | 0.01% |
| Carlisle Cos Inc |
No change
35
|
$14,182,000 | 0.01% |
| American Intl Group Inc |
No change
190
|
$14,106,000 | 0.01% |
| GE Aerospace |
No change
87
|
$13,830,000 | 0.01% |
| Anheuser-Busch InBev SA/NV |
No change
225
|
$13,084,000 | 0.01% |
| Proshares Tr |
Closed
1,985
|
$12,823,000 | |
| Brookfield Corp |
No change
307
|
$12,753,000 | 0.01% |
| Blackrock Inc. |
No change
15
|
$11,810,000 | 0.01% |
| Schlumberger Ltd. |
No change
250
|
$11,795,000 | 0.01% |
| Proshares Tr |
Opened
397
|
$11,442,000 | 0.01% |
| United Parcel Service, Inc. |
Opened
75
|
$10,264,000 | 0.01% |
| Kraft Heinz Co |
No change
299
|
$9,634,000 | 0.01% |
| Simon Ppty Group Inc New |
3.33%
62
|
$9,412,000 | 0.01% |
| Centerpoint Energy Inc. |
No change
300
|
$9,294,000 | 0.01% |
| Travel Plus Leisure Co |
No change
200
|
$8,996,000 | 0.01% |
| CVS Health Corp |
75.00%
150
|
$8,859,000 | 0.01% |
| Palo Alto Networks Inc |
92.86%
25
|
$8,475,000 | 0.01% |
| M T Bk Corp |
No change
55
|
$8,325,000 | 0.01% |
| Warner Bros.Discovery Inc |
No change
1,088
|
$8,095,000 | 0.01% |
| Price T Rowe Group Inc |
No change
70
|
$8,072,000 | 0.01% |
| Carrier Global Corporation |
83.87%
125
|
$7,885,000 | 0.01% |
| Invesco Quality Mun Income T |
Closed
800
|
$7,744,000 | |
| Skechers U S A, Inc. |
No change
100
|
$6,912,000 | 0.01% |
| Corning, Inc. |
0.61%
164
|
$6,361,000 | 0.00% |
| Vanguard Specialized Funds |
No change
34
|
$6,207,000 | 0.00% |
| General Mls Inc |
No change
92
|
$5,820,000 | 0.00% |
| Sentinelone Inc |
55.08%
265
|
$5,578,000 | 0.00% |
| Avanos Med Inc |
No change
234
|
$4,661,000 | 0.00% |
| Calavo Growers, Inc |
No change
200
|
$4,540,000 | 0.00% |
| Schwab Strategic Tr |
Closed
94
|
$4,532,000 | |
| Spdr Ser Tr |
Closed
53
|
$4,493,000 | |
| Southwest Airls Co |
76.92%
150
|
$4,292,000 | 0.00% |
| Delta Air Lines, Inc. |
Opened
90
|
$4,270,000 | 0.00% |
| Jazz Pharmaceuticals plc |
Opened
35
|
$3,736,000 | 0.00% |
| Invesco Exchange Traded Fd T |
Opened
22
|
$3,614,000 | 0.00% |
| Cel-Sci Corp. |
No change
3,100
|
$3,596,000 | 0.00% |
| Select Sector Spdr Tr |
Closed
18
|
$3,310,000 | |
| Intel Corp. |
Opened
100
|
$3,097,000 | 0.00% |
| Xerox Holdings Corp |
No change
250
|
$2,905,000 | 0.00% |
| Brookfield Asset Managmt Ltd |
No change
76
|
$2,892,000 | 0.00% |
| Iovance Biotherapeutics Inc |
86.96%
300
|
$2,406,000 | 0.00% |
| Procter And Gamble Co |
No change
14
|
$2,309,000 | 0.00% |
| Lululemon Athletica inc. |
No change
7
|
$2,091,000 | 0.00% |
| Bristol-Myers Squibb Co. |
No change
50
|
$2,077,000 | 0.00% |
| Illumina Inc |
No change
12
|
$1,253,000 | 0.00% |
| Conduent Inc |
No change
200
|
$652,000 | 0.00% |
| Unisys Corp. |
No change
50
|
$207,000 | 0.00% |
| Grail Inc |
Opened
2
|
$31,000 | 0.00% |
| UGI Corp. |
100.00%
0
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 164 holdings | |||
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