Jcic Asset Management 13F annual report
Jcic Asset Management is an investment fund managing more than $241 billion ran by Aaron Coholan. There are currently 99 companies in Mr. Coholan’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $41.9 billion.
$241 billion Assets Under Management (AUM)
As of 3rd July 2024, Jcic Asset Management’s top holding is 138,472 shares of Apple Inc currently worth over $23.7 billion and making up 9.8% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Jcic Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 43,261 shares of Microsoft worth $18.2 billion, whose value grew 20.1% in the past six months.
The third-largest holding is Alphabet Inc worth $16.2 billion and the next is Advanced Micro Devices worth $15.1 billion, with 83,825 shares owned.
Currently, Jcic Asset Management's portfolio is worth at least $241 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 Jcic Asset Management
The Jcic Asset Management office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, Aaron Coholan serves as the COO & CCO at Jcic Asset Management.
Recent trades
In the most recent 13F filing, Jcic Asset Management revealed that it had increased its stake in
Apple Inc and bought 310 additional shares worth around $71 thousand.
This means they effectively own approximately 0.1% of the company.
Apple Inc makes up
46.8%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 21.2% in the past year.
On the other hand, there are companies that Jcic Asset Management is getting rid of from its portfolio.
Jcic Asset Management closed its position in NextEra Inc on 10th July 2024.
It sold the previously owned 56,580 shares for $3.44 billion.
Aaron Coholan also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $18.2 billion and 43,261 shares.
One of the smallest hedge funds
The two most similar investment funds to Jcic Asset Management are Carmel Capital Partners and Constellation Investimentos E Participacoes Ltda. They manage $242 billion and $242 billion respectively.
Aaron Coholan investment strategy
Jcic Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 22.5% of
the total portfolio value.
The fund focuses on investments in the United States as
43.4% 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
63% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $192 billion.
The complete list of Jcic Asset Management trades based on 13F SEC filings
These positions were updated on July 10th 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 |
|---|---|---|---|
| Apple Inc |
0.22%
138,472
|
$23,718,869,000 | 9.83% |
| Microsoft Corporation |
0.17%
43,261
|
$18,200,768,000 | 7.54% |
| Alphabet Inc |
2.47%
106,705
|
$16,245,467,000 | 6.73% |
| Advanced Micro Devices Inc. |
0.36%
83,825
|
$15,129,574,000 | 6.27% |
| Amazon.com Inc. |
1.00%
79,328
|
$14,309,185,000 | 5.93% |
| JPMorgan Chase & Co. |
0.35%
66,051
|
$13,230,015,000 | 5.48% |
| Valero Energy Corp. |
0.32%
48,090
|
$8,208,482,000 | 3.40% |
| Royal Bk Cda |
0.22%
80,995
|
$8,172,479,000 | 3.39% |
| Ishares Tr |
1.11%
39,916
|
$8,201,044,000 | 3.40% |
| Visa Inc |
0.09%
26,415
|
$7,371,898,000 | 3.05% |
| Enbridge Inc |
1.26%
197,598
|
$7,143,591,000 | 2.96% |
| Waste Connections Inc |
0.04%
34,472
|
$5,928,726,000 | 2.46% |
| Canadian Pacific Kansas City |
1.62%
64,739
|
$5,710,324,000 | 2.37% |
| Home Depot, Inc. |
0.34%
14,698
|
$5,638,153,000 | 2.34% |
| Unitedhealth Group Inc |
1.51%
11,267
|
$5,573,785,000 | 2.31% |
| Stellantis N.V |
0.99%
181,563
|
$5,138,233,000 | 2.13% |
| Agnico Eagle Mines Ltd |
0.92%
77,755
|
$4,638,310,000 | 1.92% |
| CSX Corp. |
2.10%
122,699
|
$4,548,452,000 | 1.88% |
| Cameco Corp. |
0.86%
104,990
|
$4,546,982,000 | 1.88% |
| Teck Resources Ltd |
0.09%
96,605
|
$4,423,567,000 | 1.83% |
| Ryanair Holdings Plc |
0.28%
28,076
|
$4,087,585,000 | 1.69% |
| Thomson-Reuters Corp |
0.42%
25,295
|
$3,938,099,000 | 1.63% |
| CGI Inc |
0.49%
32,860
|
$3,626,734,000 | 1.50% |
| Canadian Nat Res Ltd |
0.79%
46,975
|
$3,584,879,000 | 1.49% |
| Telus Corp. |
0.15%
223,565
|
$3,578,031,000 | 1.48% |
| Novo-nordisk A S |
0.33%
27,552
|
$3,537,677,000 | 1.47% |
| Brookfield Asset Managmt Ltd |
1.04%
81,850
|
$3,439,634,000 | 1.42% |
| NextEra Energy Inc |
Closed
56,580
|
$3,436,669,000 | |
| Taiwan Semiconductor Mfg Ltd |
1.48%
24,055
|
$3,272,683,000 | 1.36% |
| Eli Lilly & Co |
11,885.71%
4,195
|
$3,263,542,000 | 1.35% |
| Shell Plc |
0.83%
45,504
|
$3,050,588,000 | 1.26% |
| Disney Walt Co |
0.47%
22,770
|
$2,786,137,000 | 1.15% |
| Walmart Inc |
208.56%
44,825
|
$2,697,120,000 | 1.12% |
| Linde Plc. |
2.34%
5,390
|
$2,502,685,000 | 1.04% |
| Ovintiv Inc |
No change
42,860
|
$2,224,668,000 | 0.92% |
| MercadoLibre Inc |
0.32%
1,258
|
$1,902,046,000 | 0.79% |
| Sony Group Corp |
0.56%
17,903
|
$1,535,003,000 | 0.64% |
| NVIDIA Corp |
6.65%
882
|
$796,940,000 | 0.33% |
| Bank Montreal Que |
4.16%
8,142
|
$795,258,000 | 0.33% |
| Sun Life Financial, Inc. |
4.39%
13,491
|
$736,425,000 | 0.31% |
| Toronto Dominion Bk Ont |
2.15%
4,553
|
$274,895,000 | 0.11% |
| Bank America Corp |
9.80%
6,385
|
$242,119,000 | 0.10% |
| Netflix Inc. |
12.01%
373
|
$226,534,000 | 0.09% |
| Fortis Inc. |
0.66%
5,350
|
$211,471,000 | 0.09% |
| Pembina Pipeline Corporation |
0.74%
4,692
|
$165,675,000 | 0.07% |
| Spdr S&p 500 Etf Tr |
No change
305
|
$159,536,000 | 0.07% |
| Brookfield Infrast Partners |
5.23%
5,004
|
$156,329,000 | 0.06% |
| MSCI Inc |
10.42%
265
|
$148,519,000 | 0.06% |
| Manulife Finl Corp |
No change
5,915
|
$147,788,000 | 0.06% |
| Align Technology, Inc. |
15.83%
439
|
$143,957,000 | 0.06% |
| AT&T Inc. |
No change
7,647
|
$134,587,000 | 0.06% |
| TC Energy Corporation |
14.77%
2,885
|
$115,997,000 | 0.05% |
| ING Groep N.V. |
No change
6,772
|
$111,670,000 | 0.05% |
| Costco Whsl Corp New |
No change
150
|
$109,895,000 | 0.05% |
| American Express Co. |
No change
470
|
$107,014,000 | 0.04% |
| Bank Nova Scotia Halifax |
29.22%
1,870
|
$96,773,000 | 0.04% |
| Freeport-McMoRan Inc |
5.93%
1,877
|
$88,257,000 | 0.04% |
| Citigroup Inc |
4.48%
1,280
|
$80,947,000 | 0.03% |
| Salesforce Inc |
17.86%
264
|
$79,512,000 | 0.03% |
| Hsbc Hldgs Plc |
No change
1,615
|
$63,566,000 | 0.03% |
| Diageo plc |
No change
400
|
$59,496,000 | 0.02% |
| Canadian Imperial Bk Comm To |
9.61%
1,100
|
$55,788,000 | 0.02% |
| Asml Holding N V |
No change
57
|
$55,317,000 | 0.02% |
| United Airls Hldgs Inc |
8.02%
1,145
|
$54,823,000 | 0.02% |
| Brookfield Renewable Partner |
No change
2,337
|
$54,369,000 | 0.02% |
| BP plc |
No change
1,400
|
$52,752,000 | 0.02% |
| Shopify Inc |
12.82%
680
|
$52,482,000 | 0.02% |
| Canadian Natl Ry Co |
No change
397
|
$52,299,000 | 0.02% |
| Cisco Sys Inc |
No change
1,040
|
$51,906,000 | 0.02% |
| Johnson & Johnson |
No change
315
|
$49,830,000 | 0.02% |
| Mastercard Incorporated |
25.37%
100
|
$48,157,000 | 0.02% |
| Sap SE |
No change
223
|
$43,492,000 | 0.02% |
| Aflac Inc. |
No change
400
|
$34,344,000 | 0.01% |
| Pepsico Inc |
No change
195
|
$34,127,000 | 0.01% |
| Eog Res Inc |
No change
265
|
$33,878,000 | 0.01% |
| BCE Inc |
20.94%
940
|
$31,956,000 | 0.01% |
| AMGEN Inc. |
No change
90
|
$25,589,000 | 0.01% |
| Union Pac Corp |
No change
100
|
$24,593,000 | 0.01% |
| Procter And Gamble Co |
No change
150
|
$24,338,000 | 0.01% |
| Abbvie Inc |
No change
131
|
$23,855,000 | 0.01% |
| Pfizer Inc. |
No change
800
|
$22,200,000 | 0.01% |
| Medtronic Plc |
No change
235
|
$20,480,000 | 0.01% |
| Ford Mtr Co Del |
No change
1,535
|
$20,385,000 | 0.01% |
| Coca-Cola Co |
No change
303
|
$18,538,000 | 0.01% |
| Bristol-Myers Squibb Co. |
No change
340
|
$18,438,000 | 0.01% |
| Hess Corporation |
No change
100
|
$15,264,000 | 0.01% |
| Alcoa Corp |
No change
440
|
$14,868,000 | 0.01% |
| Meta Platforms Inc |
No change
27
|
$13,111,000 | 0.01% |
| HCA Healthcare Inc |
No change
35
|
$11,674,000 | 0.00% |
| Warner Bros.Discovery Inc |
No change
1,297
|
$11,323,000 | 0.00% |
| Palo Alto Networks Inc |
No change
38
|
$10,797,000 | 0.00% |
| ServiceNow Inc |
51.72%
14
|
$10,674,000 | 0.00% |
| Jefferies Finl Group Inc |
No change
240
|
$10,584,000 | 0.00% |
| Viavi Solutions Inc |
No change
1,137
|
$10,335,000 | 0.00% |
| Intel Corp. |
No change
204
|
$9,011,000 | 0.00% |
| Paychex Inc. |
No change
60
|
$7,368,000 | 0.00% |
| Blackstone Inc |
Closed
50
|
$6,546,000 | |
| Spdr Ser Tr |
Closed
56
|
$4,675,000 | |
| Lockheed Martin Corp. |
Closed
10
|
$4,532,000 | |
| Brookfield Infrastructure Corporation |
No change
121
|
$4,361,000 | 0.00% |
| Okta Inc |
No change
40
|
$4,185,000 | 0.00% |
| Oracle Corp. |
No change
27
|
$3,391,000 | 0.00% |
| Vale S.A. |
Closed
150
|
$2,379,000 | |
| Barrick Gold Corp. |
No change
95
|
$1,581,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 104 holdings | |||
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