Private Asset Management Inc 13F annual report
Private Asset Management Inc is an investment fund managing more than $520 billion ran by Cyrille Mahfoud. There are currently 134 companies in Mr. Mahfoud’s portfolio. The largest investments include Qualcomm and Apple Inc, together worth $77.8 billion.
$520 billion Assets Under Management (AUM)
As of 28th June 2023, Private Asset Management Inc’s top holding is 350,014 shares of Qualcomm currently worth over $41.7 billion and making up 8.0% of the portfolio value.
Relative to the number of outstanding shares of Qualcomm, Private Asset Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 186,425 shares of Apple Inc worth $36.2 billion, whose value grew 53.9% in the past six months.
The third-largest holding is Microsoft worth $29.6 billion and the next is Alphabet Inc C worth $21.2 billion, with 175,629 shares owned.
Currently, Private Asset Management Inc's portfolio is worth at least $520 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 Private Asset Management Inc
The Private Asset Management Inc office and employees reside in San Diego, California. According to the last 13-F report filed with the SEC, Cyrille Mahfoud serves as the Chief Compliance Officer at Private Asset Management Inc.
Recent trades
In the most recent 13F filing, Private Asset Management Inc revealed that it had opened a new position in
Consumer Staples Select Sector Spdr Etf and bought 3,007 shares worth $223 million.
The investment fund also strengthened its position in Exxon Mobil by buying
50 additional shares.
This makes their stake in Exxon Mobil total 17,348 shares worth $1.86 billion.
Exxon Mobil soared 26.7% in the past year.
On the other hand, there are companies that Private Asset Management Inc is getting rid of from its portfolio.
Private Asset Management Inc closed its position in General Electric Co on 5th July 2023.
It sold the previously owned 2,817 shares for $269 million.
Cyrille Mahfoud also disclosed a decreased stake in Qualcomm by 0.2%.
This leaves the value of the investment at $41.7 billion and 350,014 shares.
One of the average hedge funds
The two most similar investment funds to Private Asset Management Inc are Gabelli & Co Investment Advisers, Inc and Sectoral Asset Management Inc. They manage $520 billion and $520 billion respectively.
Cyrille Mahfoud investment strategy
Private Asset Management Inc’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 21.8% of
the total portfolio value.
The fund focuses on investments in the United States as
52.2% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $178 billion.
The complete list of Private Asset Management Inc trades based on 13F SEC filings
These positions were updated on July 5th 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 |
|---|---|---|---|
| Qualcomm, Inc. |
18.81%
350,014
|
$41,665,983,000 | 8.01% |
| Apple Inc |
18.92%
186,425
|
$36,161,205,000 | 6.95% |
| Microsoft Corporation |
19.20%
87,055
|
$29,646,493,000 | 5.70% |
| Alphabet Inc C |
21.58%
175,629
|
$21,245,840,000 | 4.08% |
| Costco Wholesale Corp |
21.38%
38,104
|
$20,514,771,000 | 3.94% |
| Visa Inc |
19.92%
85,320
|
$20,261,893,000 | 3.90% |
| Merck & Co Inc |
16.15%
163,577
|
$18,875,266,000 | 3.63% |
| Amazon.com Inc. |
18.04%
133,151
|
$17,357,564,000 | 3.34% |
| Home Depot, Inc. |
20.83%
52,551
|
$16,324,769,000 | 3.14% |
| JPMorgan Chase & Co. |
17.13%
111,954
|
$16,282,810,000 | 3.13% |
| Chevron Corp. |
14.22%
85,712
|
$13,486,912,000 | 2.59% |
| Micron Technology Inc. |
20.52%
211,819
|
$13,367,917,000 | 2.57% |
| Bank of America Corporation |
18.16%
459,291
|
$13,177,149,000 | 2.53% |
| Johnson & Johnson |
19.94%
76,741
|
$12,702,529,000 | 2.44% |
| Raytheon Technologies Ord |
19.06%
119,626
|
$11,718,583,000 | 2.25% |
| Pfizer Inc. |
16.30%
281,477
|
$10,324,688,000 | 1.98% |
| Berkshire Hathaway Inc B |
21.79%
29,263
|
$9,978,683,000 | 1.92% |
| Oracle Corp. |
12.65%
82,394
|
$9,812,301,000 | 1.89% |
| Pepsico Inc |
17.82%
41,002
|
$7,594,451,000 | 1.46% |
| Bristol-Myers Squibb Co. |
19.60%
110,411
|
$7,060,832,000 | 1.36% |
| Salesforce.com Inc |
25.31%
31,580
|
$6,671,591,000 | 1.28% |
| Starbucks Corp. |
18.82%
66,565
|
$6,593,934,000 | 1.27% |
| NextEra Energy Inc |
18.48%
88,674
|
$6,579,679,000 | 1.26% |
| Emerson Electric Co. |
12.21%
67,847
|
$6,132,690,000 | 1.18% |
| Procter & Gamble Co. |
16.83%
36,777
|
$5,580,630,000 | 1.07% |
| Eaton Corp Plc |
18.92%
27,690
|
$5,568,459,000 | 1.07% |
| Spdr S&p 500 Etf |
19.93%
11,530
|
$5,111,584,000 | 0.98% |
| Cisco Systems, Inc. |
18.70%
93,088
|
$4,816,465,000 | 0.93% |
| Gilead Sciences, Inc. |
14.43%
58,164
|
$4,482,699,000 | 0.86% |
| Citigroup Inc |
24.37%
86,989
|
$4,004,974,000 | 0.77% |
| Colgate-Palmolive Co. |
16.50%
51,360
|
$3,956,794,000 | 0.76% |
| Ishares Core S&p Mid-cap |
9.91%
14,767
|
$3,861,275,000 | 0.74% |
| Uber Technologies Inc |
20.26%
86,669
|
$3,741,501,000 | 0.72% |
| Autodesk Inc. |
22.33%
17,521
|
$3,584,972,000 | 0.69% |
| Constellation Brands, Inc. |
15.96%
14,504
|
$3,570,067,000 | 0.69% |
| Walt Disney Co (The) |
30.41%
38,789
|
$3,463,116,000 | 0.67% |
| Welltower Inc. |
13.80%
41,347
|
$3,344,570,000 | 0.64% |
| Allstate Corp (The) |
16.29%
29,448
|
$3,211,048,000 | 0.62% |
| Activision Blizzard Inc |
25.12%
37,173
|
$3,133,684,000 | 0.60% |
| Corteva Inc |
11.04%
53,683
|
$3,076,036,000 | 0.59% |
| Realty Income Corp. |
14.61%
49,459
|
$2,957,154,000 | 0.57% |
| A S M L Holding Nv |
32.82%
3,709
|
$2,688,098,000 | 0.52% |
| The Southern Co. |
20.12%
36,205
|
$2,543,426,000 | 0.49% |
| Schlumberger Ltd |
8.01%
51,225
|
$2,516,172,000 | 0.48% |
| Blackrock Inc. |
17.67%
3,565
|
$2,463,914,000 | 0.47% |
| Alphabet Inc A |
21.12%
19,687
|
$2,356,534,000 | 0.45% |
| American Express Co. |
0.60%
13,200
|
$2,299,440,000 | 0.44% |
| Novartis AG |
27.55%
22,424
|
$2,262,806,000 | 0.44% |
| NXP Semiconductors NV |
18.94%
11,044
|
$2,260,494,000 | 0.43% |
| Intel Corp. |
24.11%
66,445
|
$2,221,953,000 | 0.43% |
| Vanguard S&p 500 Etf |
0.32%
4,638
|
$1,888,965,000 | 0.36% |
| Exxon Mobil Corp. |
0.29%
17,348
|
$1,860,613,000 | 0.36% |
| Airbnb, Inc. |
24.93%
14,192
|
$1,818,847,000 | 0.35% |
| Union Pacific Corp. |
15.98%
8,582
|
$1,756,200,000 | 0.34% |
| Wells Fargo & Co. |
18.70%
40,890
|
$1,745,207,000 | 0.34% |
| Illumina Inc |
41.55%
9,065
|
$1,699,597,000 | 0.33% |
| Ishares Msci Eafe |
2.69%
21,780
|
$1,579,050,000 | 0.30% |
| Spdr S&p Midcap 400 Etf |
23.54%
3,296
|
$1,578,945,000 | 0.30% |
| AT&T Inc. |
25.36%
98,200
|
$1,566,300,000 | 0.30% |
| Sempra Energy |
No change
10,500
|
$1,528,695,000 | 0.29% |
| Ishares Russell 2000 |
4.54%
7,577
|
$1,418,945,000 | 0.27% |
| Freeport-McMoRan Inc |
23.56%
34,133
|
$1,365,320,000 | 0.26% |
| International Business Machines Corp. |
17.37%
9,877
|
$1,321,763,000 | 0.25% |
| Technology Select Sector Spdr Etf |
7.65%
7,438
|
$1,293,171,000 | 0.25% |
| Tesla Motors Inc |
30.25%
4,925
|
$1,289,217,000 | 0.25% |
| Duke Energy Corp. |
25.80%
14,077
|
$1,263,270,000 | 0.24% |
| Caterpillar Inc. |
14.98%
4,637
|
$1,140,934,000 | 0.22% |
| Cap One Fin 40 Ds Rep Prf Srs I |
17.28%
58,265
|
$1,132,089,000 | 0.22% |
| Invesco Qqq Etf |
12.08%
3,056
|
$1,129,007,000 | 0.22% |
| Bank Of America 4.125 Pfd |
15.96%
58,712
|
$1,075,604,000 | 0.21% |
| Bp Plc Adr |
13.47%
30,149
|
$1,063,958,000 | 0.20% |
| New York Community Capital Trust V |
10.60%
24,880
|
$1,006,396,000 | 0.19% |
| Ishares California Muni Bond Etf |
No change
16,900
|
$962,455,000 | 0.19% |
| Keycorp New Dep Shs Pfd F |
19.41%
51,900
|
$959,112,000 | 0.18% |
| Ameriprise Financial Inc |
No change
2,850
|
$946,656,000 | 0.18% |
| Nestle Sa Adr |
0.33%
7,623
|
$917,428,000 | 0.18% |
| At&t Ds Rep 1000 Srs C Prf |
11.49%
39,299
|
$828,423,000 | 0.16% |
| Synchrony Finl 40 Ds Rep Srs A Prf |
14.05%
47,320
|
$792,137,000 | 0.15% |
| Nike Inc B |
5.45%
6,805
|
$751,068,000 | 0.14% |
| Stryker Corp. |
11.34%
2,345
|
$715,436,000 | 0.14% |
| Abbvie Inc |
12.31%
4,815
|
$648,725,000 | 0.12% |
| Abbott Laboratories |
16.93%
5,903
|
$643,562,000 | 0.12% |
| Select Sector Spdr Trust The Health Care Select Se |
6.31%
4,558
|
$604,983,000 | 0.12% |
| Crowdstrike Holdings Inc |
41.20%
3,825
|
$561,778,000 | 0.11% |
| Ishares Core S&p Small-cap |
0.62%
5,603
|
$558,339,000 | 0.11% |
| Mcdonald S Corp |
4.87%
1,856
|
$554,108,000 | 0.11% |
| Southern 2020 Srs C 4 20 Jnr Sub Nts |
17.66%
26,114
|
$548,133,000 | 0.11% |
| Dr Horton Inc |
18.49%
4,320
|
$525,701,000 | 0.10% |
| Sysco Corp. |
123.73%
7,025
|
$521,255,000 | 0.10% |
| Sempra Energy Fxd Nt 79 |
29.50%
21,549
|
$519,331,000 | 0.10% |
| Berkshire Hat A 100th |
No change
100
|
$517,810,000 | 0.10% |
| Charles Schwab Corp. |
57.03%
8,973
|
$508,618,000 | 0.10% |
| Citizens Financial Ds Rep 1 40 Srs E Prf |
21.94%
27,350
|
$504,334,000 | 0.10% |
| Financial Select Sector Spdr Etf |
7.94%
14,501
|
$488,829,000 | 0.09% |
| Verizon Communications Inc |
29.85%
12,961
|
$482,076,000 | 0.09% |
| Vanguard Ftse Emerging Markets Etf |
0.96%
11,651
|
$473,963,000 | 0.09% |
| Xylem Inc |
14.42%
4,070
|
$458,363,000 | 0.09% |
| AMGEN Inc. |
11.27%
2,048
|
$454,697,000 | 0.09% |
| Select Sector Spdr Fund Shs Ben Consumer Discretio |
6.05%
2,669
|
$453,223,000 | 0.09% |
| Brookfield Finance 4 625 Subord Nts |
8.79%
25,954
|
$425,646,000 | 0.08% |
| Public Service Enterprise Group Inc. |
21.59%
6,538
|
$409,344,000 | 0.08% |
| NVIDIA Corp |
35.12%
957
|
$404,863,000 | 0.08% |
| Toronto Dominion Bk Ont Com New |
No change
6,174
|
$382,850,000 | 0.07% |
| Schwab Us Large-cap Growth Etf |
No change
4,820
|
$361,259,000 | 0.07% |
| Conocophillips |
4.80%
3,474
|
$359,941,000 | 0.07% |
| Shell Plc-adr |
No change
5,650
|
$341,147,000 | 0.07% |
| Mckesson Corporation |
No change
793
|
$338,857,000 | 0.07% |
| Communication Services Sel Sect Spdr Etf |
7.29%
4,754
|
$309,390,000 | 0.06% |
| Accenture Plc A |
1.47%
1,002
|
$309,197,000 | 0.06% |
| Becton, Dickinson And Co. |
No change
1,168
|
$308,364,000 | 0.06% |
| Schwab Us Large-cap Etf |
No change
5,205
|
$272,586,000 | 0.05% |
| Kimberly-Clark Corp. |
No change
1,970
|
$271,978,000 | 0.05% |
| General Electric Co. |
Closed
2,817
|
$269,305,000 | |
| Schwab Us Broad Market Etf |
No change
5,178
|
$267,703,000 | 0.05% |
| Morgan Stanley |
No change
3,082
|
$263,203,000 | 0.05% |
| Select Sector Spdr Trust Shs Ben Int Energy |
29.93%
3,242
|
$263,153,000 | 0.05% |
| Proshares Ultra Qqq |
9.09%
4,000
|
$257,520,000 | 0.05% |
| Southwest Gas Holdings Inc |
No change
4,000
|
$254,600,000 | 0.05% |
| Waste Management, Inc. |
3.88%
1,460
|
$253,346,000 | 0.05% |
| Vanguard Mid-cap Etf |
11.74%
1,135
|
$249,882,000 | 0.05% |
| Honeywell International Inc |
Closed
1,298
|
$248,074,000 | |
| Ishares Core S&p 500 |
9.60%
546
|
$243,657,000 | 0.05% |
| Aflac Inc. |
6.39%
3,328
|
$232,294,000 | 0.04% |
| Spdr Dow Jones Industrial Average Etf |
17.20%
674
|
$231,981,000 | 0.04% |
| PayPal Holdings Inc |
Closed
3,027
|
$229,870,000 | |
| Thermo Fisher Scientific Inc. |
5.38%
440
|
$229,570,000 | 0.04% |
| Us Bancorp Ds Rep 1 1000 Srs M Prf |
18.62%
13,328
|
$224,362,000 | 0.04% |
| Consumer Staples Select Sector Spdr Etf |
Opened
3,007
|
$223,029,000 | 0.04% |
| Invesco S&p 500 Pure Growth Etf |
No change
1,429
|
$218,008,000 | 0.04% |
| Industrial Select Sector Spdr Etf |
10.88%
2,031
|
$217,967,000 | 0.04% |
| Hologic, Inc. |
Closed
2,625
|
$211,838,000 | |
| Wal-mart Stores Inc |
28.75%
1,343
|
$211,093,000 | 0.04% |
| BNY Mellon Strategic Municipal Bond Fund Inc |
No change
37,000
|
$210,900,000 | 0.04% |
| Coca-Cola Co |
Closed
3,374
|
$209,346,000 | |
| CVS Health Corp |
17.00%
2,925
|
$202,205,000 | 0.04% |
| Lowe S Companies Inc |
Opened
889
|
$200,647,000 | 0.04% |
| Capitl One Fn Ds Rp 1 40th Srs L Prf |
24.14%
11,000
|
$180,180,000 | 0.03% |
| Griffin Cap Essntl Ast Reit Ii Com Cl E |
Closed
17,256
|
$128,214,000 | |
| 22nd Century Group Inc |
No change
21,000
|
$8,037,000 | 0.00% |
| Artemis Resources Ltd |
Closed
10,714
|
$86,000 | |
| Medical Marijuana Inc |
No change
11,095
|
$37,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 141 holdings | |||
Hedge funds similar to Private Asset Management Inc
- Dudley & Shanley, Inc
- Grace & White Inc ny
- Rodgers Brothers
- Rmr Wealth Builders
- One Day In July
- Sectoral Asset Management Inc
- Gabelli & Co Investment Advisers, Inc
- Raub Brock Capital Management L.P.
- Viking Fund Management
- Guardian Wealth Advisors, Nc
- Rpg Investment Advisory
- Northwest Bancshares
- Ntv Asset Management
- Stansberry Asset Management