Asset Management 13F annual report
Asset Management is an investment fund managing more than $518 billion ran by Legrand Jr.. There are currently 69 companies in Jr.’s portfolio. The largest investments include Vanguard Index Fds and Apple Inc, together worth $121 billion.
$518 billion Assets Under Management (AUM)
As of 6th August 2024, Asset Management’s top holding is 506,464 shares of Vanguard Index Fds currently worth over $99.5 billion and making up 19.2% of the portfolio value.
In addition, the fund holds 100,234 shares of Apple Inc worth $21.1 billion, whose value grew 17.6% in the past six months.
The third-largest holding is Vanguard Scottsdale Fds worth $19.2 billion and the next is Ishares Tr worth $161 billion, with 1,644,884 shares owned.
Currently, Asset Management's portfolio is worth at least $518 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 Asset Management
The Asset Management office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Legrand Jr. serves as the President at Asset Management.
Recent trades
In the most recent 13F filing, Asset Management revealed that it had opened a new position in
Spdr Ser Tr and bought 147,988 shares worth $6.15 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
27,544 additional shares.
This makes their stake in Vanguard Index Fds total 506,464 shares worth $99.5 billion.
On the other hand, there are companies that Asset Management is getting rid of from its portfolio.
Asset Management closed its position in Spdr Ser Tr on 13th August 2024.
It sold the previously owned 67,890 shares for $5.58 billion.
Legrand Jr. also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $21.1 billion and 100,234 shares.
One of the average hedge funds
The two most similar investment funds to Asset Management are Hudson Edge Investment Partners Inc and Gateway Advisory. They manage $518 billion and $518 billion respectively.
Legrand Jr. investment strategy
Asset Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 8.0% of
the total portfolio value.
The fund focuses on investments in the United States as
46.4% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $298 billion.
The complete list of Asset Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Vanguard Index Fds |
5.75%
506,464
|
$99,519,271,000 | 19.23% |
| Apple Inc |
1.10%
100,234
|
$21,111,242,000 | 4.08% |
| Vanguard Scottsdale Fds |
2.06%
248,231
|
$19,182,025,000 | 3.71% |
| Ishares Tr |
13.12%
1,644,884
|
$160,607,623,000 | 31.03% |
| Schwab Strategic Tr |
0.02%
842,967
|
$47,186,479,000 | 9.12% |
| Vanguard Specialized Funds |
1.09%
80,360
|
$14,669,643,000 | 2.83% |
| Proshares Tr |
5.96%
149,616
|
$12,358,284,000 | 2.39% |
| Vanguard Bd Index Fds |
2.97%
161,834
|
$12,137,286,000 | 2.35% |
| Dominos Pizza Inc |
76.07%
19,100
|
$9,862,149,000 | 1.91% |
| Amazon.com Inc. |
2.91%
40,648
|
$7,855,226,000 | 1.52% |
| Pepsico Inc |
10.80%
38,268
|
$6,311,557,000 | 1.22% |
| Spdr Ser Tr |
Opened
147,988
|
$6,145,929,000 | 1.19% |
| Spdr Ser Tr |
Closed
67,890
|
$5,581,232,000 | |
| Microsoft Corporation |
16.81%
11,232
|
$5,020,206,000 | 0.97% |
| Disney Walt Co |
52.12%
49,600
|
$4,924,793,000 | 0.95% |
| Spdr Ser Tr |
5.80%
238,192
|
$18,377,095,000 | 3.55% |
| PJT Partners Inc |
0.04%
40,607
|
$4,381,933,000 | 0.85% |
| Vanguard World Fd |
3.40%
16,579
|
$5,195,055,000 | 1.00% |
| Caterpillar Inc. |
3.01%
11,057
|
$3,683,017,000 | 0.71% |
| Berkley W R Corp |
4.82%
44,983
|
$3,534,768,000 | 0.68% |
| Vanguard Admiral Fds Inc |
3.35%
10,480
|
$3,494,408,000 | 0.68% |
| Select Sector Spdr Tr |
18.70%
43,559
|
$3,660,137,000 | 0.71% |
| Berkshire Hathaway Inc. |
0.25%
7,295
|
$4,110,708,000 | 0.79% |
| Deckers Outdoor Corp. |
24.86%
2,828
|
$2,737,363,000 | 0.53% |
| Spdr S&p 500 Etf Tr |
5.71%
4,968
|
$2,703,642,000 | 0.52% |
| Spdr S&p Midcap 400 Etf Tr |
0.39%
4,864
|
$2,602,710,000 | 0.50% |
| Johnson & Johnson |
7.70%
17,297
|
$2,528,155,000 | 0.49% |
| Alphabet Inc |
23.41%
20,377
|
$3,721,456,000 | 0.72% |
| Procter And Gamble Co |
3.05%
13,606
|
$2,243,946,000 | 0.43% |
| Boston Beer Co., Inc. |
2.78%
6,507
|
$1,984,960,000 | 0.38% |
| Fidelity Covington Trust |
8.34%
71,983
|
$1,824,059,000 | 0.35% |
| Vanguard Intl Equity Index F |
2.04%
33,735
|
$1,476,228,000 | 0.29% |
| Abbott Labs |
2.98%
14,177
|
$1,473,131,000 | 0.28% |
| Pfizer Inc. |
0.85%
51,003
|
$1,427,053,000 | 0.28% |
| Meta Platforms Inc |
Opened
2,622
|
$1,322,258,000 | 0.26% |
| Pimco Etf Tr |
3.75%
14,373
|
$1,309,059,000 | 0.25% |
| Moodys Corp |
27.32%
2,445
|
$1,029,174,000 | 0.20% |
| Walmart Inc |
208.68%
14,088
|
$953,909,000 | 0.18% |
| Unitedhealth Group Inc |
6.77%
1,846
|
$939,921,000 | 0.18% |
| Paychex Inc. |
14.75%
7,857
|
$931,548,000 | 0.18% |
| Analog Devices Inc. |
2.67%
3,812
|
$870,045,000 | 0.17% |
| NVIDIA Corp |
Opened
6,810
|
$841,274,000 | 0.16% |
| Merck & Co Inc |
2.65%
6,767
|
$837,808,000 | 0.16% |
| Vanguard Intl Equity Index F |
Opened
6,910
|
$778,227,000 | 0.15% |
| Omnicom Group, Inc. |
3.89%
8,365
|
$750,356,000 | 0.14% |
| Canadian Pacific Kansas City |
Opened
9,076
|
$714,553,000 | 0.14% |
| Canadian Pac Ry Ltd |
Closed
9,174
|
$684,289,000 | |
| Assurant Inc |
40.95%
4,074
|
$677,303,000 | 0.13% |
| HP Inc |
39.13%
17,045
|
$596,909,000 | 0.12% |
| Vanguard Star Fds |
0.78%
9,124
|
$550,171,000 | 0.11% |
| Cisco Sys Inc |
2.22%
11,029
|
$523,964,000 | 0.10% |
| Vulcan Matls Co |
1.33%
1,755
|
$436,466,000 | 0.08% |
| Vanguard Tax-managed Fds |
13.13%
8,332
|
$411,774,000 | 0.08% |
| Invesco Exchange Traded Fd T |
306.82%
10,976
|
$378,545,000 | 0.07% |
| Invesco Exch Traded Fd Tr Ii |
55.87%
27,063
|
$631,916,000 | 0.12% |
| JPMorgan Chase & Co. |
5.91%
1,702
|
$344,247,000 | 0.07% |
| Dell Technologies Inc |
Opened
2,481
|
$342,095,000 | 0.07% |
| Becton Dickinson & Co. |
2.63%
1,364
|
$318,796,000 | 0.06% |
| Ishares Inc |
2.59%
8,474
|
$314,305,000 | 0.06% |
| Schwab Strategic Tr |
Opened
12,928
|
$304,714,000 | 0.06% |
| Colgate-Palmolive Co. |
3.65%
3,093
|
$300,163,000 | 0.06% |
| Comcast Corp New |
14.71%
7,222
|
$282,829,000 | 0.05% |
| Mcdonalds Corp |
9.23%
1,053
|
$268,441,000 | 0.05% |
| Curtiss-Wright Corp. |
Opened
982
|
$266,019,000 | 0.05% |
| Gilead Sciences, Inc. |
Closed
2,943
|
$252,691,000 | |
| International Business Machs |
17.31%
1,381
|
$238,891,000 | 0.05% |
| Exxon Mobil Corp. |
Opened
1,972
|
$226,960,000 | 0.04% |
| Intel Corp. |
Opened
6,891
|
$213,403,000 | 0.04% |
| Lowes Cos Inc |
Opened
955
|
$210,639,000 | 0.04% |
| Keurig Dr Pepper Inc |
Opened
6,082
|
$203,139,000 | 0.04% |
| Newell Brands Inc. |
11.39%
15,783
|
$101,168,000 | 0.02% |
| Xeris Biopharma Holdings Inc |
Opened
26,480
|
$59,580,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 72 holdings | |||
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