Verity & Verity 13F annual report
Verity & Verity is an investment fund managing more than $900 billion ran by Kendra Means. There are currently 110 companies in Mrs. Means’s portfolio. The largest investments include Broadcom Inc and Microsoft, together worth $73.9 billion.
$900 billion Assets Under Management (AUM)
As of 1st August 2024, Verity & Verity’s top holding is 27,884 shares of Broadcom Inc currently worth over $44.8 billion and making up 5.0% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Verity & Verity owns more than approximately 0.1% of the company.
In addition, the fund holds 65,202 shares of Microsoft worth $29.1 billion, whose value fell 3.8% in the past six months.
The third-largest holding is Abbvie Inc worth $27.3 billion and the next is AMGEN worth $26.6 billion, with 85,022 shares owned.
Currently, Verity & Verity's portfolio is worth at least $900 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 Verity & Verity
The Verity & Verity office and employees reside in Beaufort, South Carolina. According to the last 13-F report filed with the SEC, Kendra Means serves as the Consultant at Verity & Verity.
Recent trades
In the most recent 13F filing, Verity & Verity revealed that it had opened a new position in
Abbvie Inc and bought 158,882 shares worth $27.3 billion.
This means they effectively own approximately 0.1% of the company.
Abbvie Inc makes up
25.1%
of the fund's Health Care sector allocation and has grown its share price by 25.3% in the past year.
The investment fund also strengthened its position in Chevron by buying
165,682 additional shares.
This makes their stake in Chevron total 168,264 shares worth $26.3 billion.
Chevron dropped 10.8% in the past year.
On the other hand, there are companies that Verity & Verity is getting rid of from its portfolio.
Verity & Verity closed its position in General Dynamics on 8th August 2024.
It sold the previously owned 632,930 shares for $43.6 billion.
Kendra Means also disclosed a decreased stake in Broadcom Inc by 0.2%.
This leaves the value of the investment at $44.8 billion and 27,884 shares.
One of the average hedge funds
The two most similar investment funds to Verity & Verity are North Peak Capital Management and Tower Bridge Advisors. They manage $900 billion and $900 billion respectively.
Kendra Means investment strategy
Verity & Verity’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 13.9% of
the total portfolio value.
The fund focuses on investments in the United States as
51.8% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $223 billion.
The complete list of Verity & Verity trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Broadcom Inc |
15.28%
27,884
|
$44,768,599,000 | 4.97% |
| General Dynamics Corp. |
Closed
632,930
|
$43,621,894,000 | |
| Microsoft Corporation |
33.14%
65,202
|
$29,141,862,000 | 3.24% |
| Abbvie Inc |
Opened
158,882
|
$27,251,441,000 | 3.03% |
| Mcdonalds Corp |
Closed
495,456
|
$26,737,000,000 | |
| AMGEN Inc. |
Opened
85,022
|
$26,565,124,000 | 2.95% |
| Chevron Corp. |
6,416.81%
168,264
|
$26,319,921,000 | 2.92% |
| 3M Co. |
Closed
459,690
|
$26,190,901,000 | |
| RTX Corp |
Opened
246,340
|
$24,730,073,000 | 2.75% |
| Apple Inc |
Opened
117,228
|
$24,690,575,000 | 2.74% |
| Corning, Inc. |
Opened
635,283
|
$24,680,745,000 | 2.74% |
| Gilead Sciences, Inc. |
369.67%
357,321
|
$24,515,769,000 | 2.72% |
| Goldman Sachs Group, Inc. |
Closed
407,764
|
$23,963,999,000 | |
| Polaris Inc |
Closed
368,985
|
$23,564,006,000 | |
| Intel Corp. |
Closed
322,209
|
$23,510,421,000 | |
| Jpmorgan Chase Co |
Opened
112,860
|
$22,826,963,000 | 2.54% |
| Oneok Inc. |
5,035.21%
256,812
|
$20,943,019,000 | 2.33% |
| Waste Mgmt Inc Del |
Closed
275,188
|
$20,861,373,000 | |
| D.R. Horton Inc. |
Closed
262,114
|
$20,278,200,000 | |
| Prudential Finl Inc |
Opened
168,866
|
$19,789,387,000 | 2.20% |
| Eli Lilly Co |
Closed
252,940
|
$19,708,526,000 | |
| LKQ Corp |
Closed
245,709
|
$19,431,090,000 | |
| Moodys Corp |
Closed
223,346
|
$18,622,818,000 | |
| Texas Instrs Inc |
Opened
93,067
|
$18,104,324,000 | 2.01% |
| Oge Energy Corp. |
4,700.99%
502,040
|
$17,922,828,000 | 1.99% |
| Mondelez International Inc. |
Closed
218,846
|
$17,752,898,000 | |
| International Business Machs |
Opened
100,164
|
$17,323,379,000 | 1.93% |
| Ingersoll-Rand Inc |
Closed
215,945
|
$17,077,970,000 | |
| United Parcel Service, Inc. |
Opened
123,202
|
$16,860,194,000 | 1.87% |
| Enbridge Inc |
5.05%
472,733
|
$16,824,567,000 | 1.87% |
| Lockheed Martin Corp. |
Opened
35,223
|
$16,452,663,000 | 1.83% |
| Target Corp |
Opened
110,373
|
$16,339,619,000 | 1.82% |
| Exxon Mobil Corp. |
0.32%
141,119
|
$16,245,625,000 | 1.81% |
| Cisco Sys Inc |
294.55%
339,102
|
$16,110,756,000 | 1.79% |
| Dominion Energy Inc |
Closed
182,480
|
$16,081,472,000 | |
| Sap SE |
Closed
177,618
|
$16,003,684,000 | |
| H E Equipment Services Inc |
Closed
167,875
|
$15,693,185,000 | |
| Qualcomm, Inc. |
Opened
78,345
|
$15,604,757,000 | 1.73% |
| Wp Carey Inc |
Closed
166,038
|
$15,561,115,000 | |
| Ishares Tr |
Closed
344,081
|
$39,316,990,000 | |
| Pfizer Inc. |
Opened
552,121
|
$15,448,332,000 | 1.72% |
| MetLife, Inc. |
Opened
218,783
|
$15,356,379,000 | 1.71% |
| The Southern Co. |
Opened
192,613
|
$14,940,990,000 | 1.66% |
| Truist Finl Corp |
Opened
374,315
|
$14,542,138,000 | 1.62% |
| Organon Co |
Closed
155,760
|
$14,383,035,000 | |
| Ge Healthcare Technologies I |
Closed
150,874
|
$14,109,354,000 | |
| Procter And Gamble Co |
Opened
84,577
|
$13,948,392,000 | 1.55% |
| State Str Corp |
Opened
187,827
|
$13,899,198,000 | 1.54% |
| Pitney Bowes, Inc. |
Closed
129,263
|
$13,855,821,000 | |
| Johnson Johnson |
Opened
93,653
|
$13,688,365,000 | 1.52% |
| Bristol-Myers Squibb Co. |
Closed
110,602
|
$13,653,616,000 | |
| BCE Inc |
Opened
420,187
|
$13,601,453,000 | 1.51% |
| Sabra Health Care Reit Inc |
Closed
104,697
|
$13,595,976,000 | |
| Medtronic Plc |
629.53%
165,792
|
$13,049,488,000 | 1.45% |
| NextEra Energy Inc |
Opened
178,961
|
$12,672,228,000 | 1.41% |
| Genuine Parts Co. |
Opened
91,002
|
$12,587,397,000 | 1.40% |
| Altria Group Inc. |
9,627.97%
263,239
|
$11,990,536,000 | 1.33% |
| Viatris Inc. |
Closed
90,082
|
$11,813,305,000 | |
| Soundhound Ai Inc |
Closed
89,136
|
$11,546,886,000 | |
| Verizon Communications Inc |
Opened
278,080
|
$11,468,025,000 | 1.27% |
| Select Sector Spdr Tr |
Closed
87,485
|
$11,433,413,000 | |
| Marsh Mclennan Cos Inc |
Closed
87,342
|
$11,351,566,000 | |
| Prologis Inc |
Opened
100,139
|
$11,246,611,000 | 1.25% |
| Blackstone Mtg Tr Inc |
Closed
85,655
|
$11,153,994,000 | |
| Fidelity National Financial Inc |
Opened
223,959
|
$11,068,054,000 | 1.23% |
| Lyondellbasell Industries N |
Opened
112,039
|
$10,717,651,000 | 1.19% |
| Starbucks Corp. |
32.92%
135,431
|
$10,543,269,000 | 1.17% |
| Comcast Corp New |
Opened
264,897
|
$10,373,367,000 | 1.15% |
| Cincinnati Finl Corp |
2,087.84%
87,776
|
$10,366,346,000 | 1.15% |
| Analog Devices Inc. |
Closed
83,438
|
$10,360,496,000 | |
| Gallagher Arthur J Co |
Opened
39,450
|
$10,229,780,000 | 1.14% |
| NNN REIT Inc |
Opened
236,936
|
$10,093,474,000 | 1.12% |
| Pepsico Inc |
Opened
59,935
|
$9,885,080,000 | 1.10% |
| Ameriprise Finl Inc |
Opened
22,656
|
$9,678,417,000 | 1.08% |
| Hershey Company |
72.35%
52,389
|
$9,630,670,000 | 1.07% |
| Morgan Stanley |
Closed
61,523
|
$9,486,974,000 | |
| Warner Bros.Discovery Inc |
Closed
59,812
|
$9,476,396,000 | |
| Best Buy Co. Inc. |
Closed
59,658
|
$9,378,670,000 | |
| Crown Castle Inc |
Opened
95,596
|
$9,339,729,000 | 1.04% |
| Archer Daniels Midland Co. |
Opened
153,834
|
$9,299,265,000 | 1.03% |
| Cummins Inc. |
Opened
33,468
|
$9,268,293,000 | 1.03% |
| Phillips 66 |
Opened
63,550
|
$8,971,354,000 | 1.00% |
| Skyworks Solutions, Inc. |
Opened
79,702
|
$8,494,639,000 | 0.94% |
| Vanguard Index Fds |
Closed
51,096
|
$8,240,877,000 | |
| Block H R Inc |
Closed
49,712
|
$7,929,235,000 | |
| Lowes Cos Inc |
Opened
31,980
|
$7,050,311,000 | 0.78% |
| Celanese Corp |
Closed
41,674
|
$6,950,498,000 | |
| Pinnacle West Cap Corp |
774.07%
87,407
|
$6,676,147,000 | 0.74% |
| Home Depot, Inc. |
67.81%
18,420
|
$6,340,945,000 | 0.70% |
| Fidelity Natl Information Sv |
Opened
83,112
|
$6,263,320,000 | 0.70% |
| General Electric Co |
Closed
39,585
|
$6,216,432,000 | |
| V F Corp |
Closed
34,155
|
$5,807,571,000 | |
| Parker-Hannifin Corp. |
Closed
33,392
|
$5,553,502,000 | |
| Abbott Labs |
Opened
50,780
|
$5,276,550,000 | 0.59% |
| Msc Indl Direct Inc |
Opened
64,335
|
$5,102,409,000 | 0.57% |
| Vanguard Whitehall Fds |
49.19%
42,577
|
$5,049,632,000 | 0.56% |
| Sp Global Inc |
Closed
31,128
|
$3,458,609,000 | |
| Becton Dickinson Co |
Opened
14,588
|
$3,409,361,000 | 0.38% |
| Newell Brands Inc. |
Closed
28,964
|
$2,549,642,000 | |
| ON Semiconductor Corp. |
Closed
23,978
|
$2,548,625,000 | |
| Coca-Cola Co |
Opened
39,799
|
$2,533,234,000 | 0.28% |
| Enterprise Prods Partners L |
Opened
84,809
|
$2,457,757,000 | 0.27% |
| Vanguard Specialized Funds |
Opened
9,752
|
$1,780,228,000 | 0.20% |
| Fortive Corp |
Closed
21,391
|
$1,673,780,000 | |
| Philip Morris International Inc |
385.46%
16,394
|
$1,661,204,000 | 0.18% |
| Berkshire Hathaway Inc. |
41.67%
4,054
|
$1,649,167,000 | 0.18% |
| Coterra Energy Inc |
Closed
18,678
|
$1,615,258,000 | |
| Accenture Plc Ireland |
Opened
5,190
|
$1,574,698,000 | 0.17% |
| Global X Fds |
23.31%
28,293
|
$1,444,358,000 | 0.16% |
| Generac Holdings Inc |
Closed
14,604
|
$1,427,171,000 | |
| Kinder Morgan Inc |
Closed
14,464
|
$1,418,946,000 | |
| Costco Whsl Corp New |
Opened
1,530
|
$1,300,485,000 | 0.14% |
| American Finl Group Inc Ohio |
Opened
10,457
|
$1,286,420,000 | 0.14% |
| Ppg Inds Inc |
3.95%
10,059
|
$1,266,328,000 | 0.14% |
| Newmont Corp |
Closed
13,977
|
$1,214,184,000 | |
| Brookfield Renewable Partner |
Closed
10,841
|
$1,193,454,000 | |
| Walmart Inc |
328.55%
15,325
|
$1,037,656,000 | 0.12% |
| Bank America Corp |
Opened
21,431
|
$852,311,000 | 0.09% |
| Alibaba Group Hldg Ltd |
Closed
9,648
|
$732,450,000 | |
| Honeywell International Inc |
Closed
9,196
|
$711,401,000 | |
| Unitedhealth Group Inc |
Opened
1,345
|
$684,955,000 | 0.08% |
| Visa Inc |
Opened
2,544
|
$667,724,000 | 0.07% |
| Thermo Fisher Scientific Inc. |
Opened
1,190
|
$658,070,000 | 0.07% |
| KLA Corp. |
80.23%
692
|
$570,561,000 | 0.06% |
| Discover Finl Svcs |
Opened
4,068
|
$532,135,000 | 0.06% |
| Helmerich Payne Inc |
Closed
6,000
|
$528,421,000 | |
| NVIDIA Corp |
Opened
4,050
|
$500,337,000 | 0.06% |
| Novo Nordisk A S |
Opened
3,490
|
$498,163,000 | 0.06% |
| Oracle Corp. |
Opened
3,437
|
$485,304,000 | 0.05% |
| Canadian Natl Ry Co |
Opened
4,012
|
$473,938,000 | 0.05% |
| Blackrock Inc. |
Closed
5,774
|
$471,985,000 | |
| Alphabet Inc |
97.76%
2,535
|
$464,970,000 | 0.05% |
| Simon Ppty Group Inc New |
Closed
5,662
|
$449,794,000 | |
| Schwab Strategic Tr |
92.10%
9,389
|
$730,342,000 | 0.08% |
| GSK Plc |
Closed
5,422
|
$448,116,000 | |
| Rapid7 Inc |
Closed
5,001
|
$435,364,000 | |
| American Express Co. |
Opened
1,874
|
$433,925,000 | 0.05% |
| Nasdaq Inc |
Opened
6,982
|
$420,735,000 | 0.05% |
| Merck Co Inc |
27.18%
3,397
|
$420,549,000 | 0.05% |
| Moelis Co |
Closed
5,000
|
$402,084,000 | |
| Roper Technologies Inc |
Opened
707
|
$398,508,000 | 0.04% |
| Energy Transfer L P |
71.51%
23,978
|
$388,923,000 | 0.04% |
| Automatic Data Processing In |
Opened
1,627
|
$388,349,000 | 0.04% |
| CSX Corp. |
Closed
5,000
|
$385,979,000 | |
| Sonoco Prods Co |
Closed
4,883
|
$383,019,000 | |
| Heico Corp. |
Closed
4,829
|
$377,174,000 | |
| Sysco Corp. |
98.39%
5,194
|
$370,800,000 | 0.04% |
| Emerson Elec Co |
Opened
3,357
|
$369,807,000 | 0.04% |
| Lam Research Corp. |
Opened
345
|
$367,373,000 | 0.04% |
| Consolidated Edison, Inc. |
Opened
4,093
|
$365,996,000 | 0.04% |
| Schwab Strategic Tr |
Opened
11,832
|
$677,363,000 | 0.08% |
| NextEra Energy Partners LP |
Closed
4,560
|
$352,171,000 | |
| Ishares Tr |
97.71%
3,184
|
$606,537,000 | 0.07% |
| Agnc Invt Corp |
Closed
4,500
|
$335,192,000 | |
| Meta Platforms Inc |
Opened
659
|
$332,281,000 | 0.04% |
| Constellation Brands Inc |
Closed
4,100
|
$331,567,000 | |
| Tjx Cos Inc New |
Closed
3,622
|
$319,997,000 | |
| Kimberly-Clark Corp. |
Closed
3,577
|
$317,170,000 | |
| Factset Resh Sys Inc |
Opened
756
|
$308,652,000 | 0.03% |
| Wells Fargo Co New |
Opened
5,001
|
$297,009,000 | 0.03% |
| Caterpillar Inc. |
Opened
890
|
$296,459,000 | 0.03% |
| Brookfield Renewable Corporation |
Closed
3,466
|
$289,858,000 | |
| MPLX LP |
Closed
3,381
|
$286,845,000 | |
| Net Lease Office Properties |
Closed
3,005
|
$280,227,000 | |
| Trane Technologies plc |
Opened
849
|
$279,262,000 | 0.03% |
| HP Inc |
Closed
2,878
|
$278,784,000 | |
| Ecolab, Inc. |
Opened
1,159
|
$275,842,000 | 0.03% |
| Unilever plc |
Opened
5,000
|
$274,950,000 | 0.03% |
| Delta Air Lines, Inc. |
Closed
2,825
|
$267,613,000 | |
| Victorias Secret And Co |
Opened
14,464
|
$255,579,000 | 0.03% |
| Digital Rlty Tr Inc |
Opened
1,670
|
$253,924,000 | 0.03% |
| Fedex Corp |
Opened
840
|
$251,866,000 | 0.03% |
| Kenvue Inc |
78.43%
13,708
|
$249,211,000 | 0.03% |
| Amazon.com Inc. |
Opened
1,274
|
$246,201,000 | 0.03% |
| Northern Lights Fund Trust |
Closed
2,667
|
$243,382,000 | |
| Cardinal Health, Inc. |
Opened
2,426
|
$238,524,000 | 0.03% |
| Illinois Tool Wks Inc |
Opened
1,004
|
$237,908,000 | 0.03% |
| Aflac Inc. |
Closed
2,667
|
$233,322,000 | |
| Tenable Holdings Inc |
Closed
2,560
|
$224,028,000 | |
| Firstenergy Corp. |
Closed
2,535
|
$210,268,000 | |
| Patterson Cos Inc |
Closed
2,500
|
$205,634,000 | |
| New Mtn Fin Corp |
87.91%
10,000
|
$122,400,000 | 0.01% |
| Algonquin Pwr Utils Corp |
44.78%
10,006
|
$58,635,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 183 holdings | |||
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