Sunburst is an investment fund managing more than $369 billion ran by Randy Martin. There are currently 79 companies in Mr. Martin’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Schwab Strategic Tr, together worth $113 billion.
As of 5th July 2024, Sunburst’s top holding is 880,360 shares of Fidelity Merrimack Str Tr currently worth over $39.6 billion and making up 10.7% of the portfolio value.
In addition, the fund holds 1,125,172 shares of Schwab Strategic Tr worth $73.9 billion.
The third-largest holding is Vanguard Scottsdale Fds worth $33.3 billion and the next is Spdr Ser Tr worth $24.5 billion, with 316,973 shares owned.
Currently, Sunburst's portfolio is worth at least $369 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.
The Sunburst office and employees reside in Vestavia Hills, Alabama. According to the last 13-F report filed with the SEC, Randy Martin serves as the Managing Partner at Sunburst.
In the most recent 13F filing, Sunburst revealed that it had opened a new position in
Etf Ser Solutions and bought 1,010,532 shares worth $31.2 billion.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
44,116 additional shares.
This makes their stake in Schwab Strategic Tr total 1,125,172 shares worth $73.9 billion.
On the other hand, there are companies that Sunburst is getting rid of from its portfolio.
Sunburst closed its position in Ishares Tr on 12th July 2024.
It sold the previously owned 9,355 shares for $938 million.
Randy Martin also disclosed a decreased stake in Fidelity Merrimack Str Tr by approximately 0.1%.
This leaves the value of the investment at $39.6 billion and 880,360 shares.
The two most similar investment funds to Sunburst are Stamos Capital Partners, L.P. and Iam Advisory. They manage $369 billion and $369 billion respectively.
Sunburst’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 3.4% of
the total portfolio value.
The fund focuses on investments in the United States as
45.6% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $323 billion.
These positions were updated on July 12th 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
3.19%
880,360
|
$39,554,570,000 | 10.73% |
| Schwab Strategic Tr |
4.08%
1,125,172
|
$73,902,268,000 | 20.05% |
| Vanguard Scottsdale Fds |
8.43%
430,196
|
$33,279,457,000 | 9.03% |
| Spdr Ser Tr |
12.27%
316,973
|
$24,500,103,000 | 6.65% |
| Etf Ser Solutions |
Opened
1,010,532
|
$31,186,680,000 | 8.46% |
| Ishares Tr |
1.14%
751,003
|
$73,848,767,000 | 20.03% |
| Vanguard Index Fds |
0.12%
45,334
|
$17,171,472,000 | 4.66% |
| Vanguard Whitehall Fds |
23.20%
94,526
|
$10,193,627,000 | 2.77% |
| Apple Inc |
0.67%
25,193
|
$5,306,238,000 | 1.44% |
| J P Morgan Exchange Traded F |
43.91%
149,721
|
$7,581,635,000 | 2.06% |
| NVIDIA Corp |
926.33%
32,586
|
$4,025,680,000 | 1.09% |
| Ishares Inc |
12.09%
74,603
|
$3,993,481,000 | 1.08% |
| Microsoft Corporation |
2.88%
8,771
|
$3,920,259,000 | 1.06% |
| Procter And Gamble Co |
No change
19,869
|
$3,276,862,000 | 0.89% |
| Vanguard Specialized Funds |
7.97%
14,470
|
$2,641,522,000 | 0.72% |
| Vanguard Tax-managed Fds |
8.28%
37,998
|
$1,877,837,000 | 0.51% |
| Amazon.com Inc. |
2.90%
8,294
|
$1,602,771,000 | 0.43% |
| Walmart Inc |
187.33%
17,938
|
$1,214,608,000 | 0.33% |
| Alphabet Inc |
5.17%
9,442
|
$1,723,559,000 | 0.47% |
| International Business Machs |
3.51%
6,713
|
$1,161,023,000 | 0.31% |
| Jpmorgan Chase Co. |
6.00%
5,651
|
$1,142,898,000 | 0.31% |
| Pepsico Inc |
6.40%
6,347
|
$1,046,806,000 | 0.28% |
| Unitedhealth Group Inc |
3.40%
1,946
|
$991,090,000 | 0.27% |
| Merck Co Inc |
0.93%
7,781
|
$963,231,000 | 0.26% |
| Qualcomm, Inc. |
2.36%
4,597
|
$915,708,000 | 0.25% |
| Spdr Index Shs Fds |
4.11%
24,246
|
$913,332,000 | 0.25% |
| The Southern Co. |
5.11%
10,464
|
$811,692,000 | 0.22% |
| ServisFirst Bancshares Inc |
No change
12,572
|
$794,425,000 | 0.22% |
| Eli Lilly Co |
0.93%
871
|
$788,406,000 | 0.21% |
| Home Depot, Inc. |
15.45%
2,195
|
$755,678,000 | 0.20% |
| Johnson Johnson |
1.59%
5,023
|
$734,166,000 | 0.20% |
| Visa Inc |
10.41%
2,429
|
$637,607,000 | 0.17% |
| Cisco Sys Inc |
2.72%
13,312
|
$632,477,000 | 0.17% |
| Regions Financial Corp. |
5.43%
31,161
|
$624,466,000 | 0.17% |
| AMGEN Inc. |
17.91%
1,998
|
$624,275,000 | 0.17% |
| Trustmark Corp. |
No change
20,244
|
$608,130,000 | 0.16% |
| Marriott Intl Inc New |
8.53%
2,284
|
$552,203,000 | 0.15% |
| RTX Corp |
4.32%
5,146
|
$516,626,000 | 0.14% |
| Caterpillar Inc. |
3.37%
1,549
|
$515,972,000 | 0.14% |
| American Express Co. |
2.94%
2,212
|
$512,189,000 | 0.14% |
| Berkshire Hathaway Inc. |
0.16%
1,241
|
$504,839,000 | 0.14% |
| Microstrategy Inc. |
Opened
363
|
$500,025,000 | 0.14% |
| Union Pac Corp |
13.54%
2,069
|
$468,105,000 | 0.13% |
| Parsons Corp |
Opened
5,398
|
$441,610,000 | 0.12% |
| Applied Matls Inc |
9.35%
1,871
|
$441,567,000 | 0.12% |
| Broadcom Inc. |
13.33%
272
|
$436,745,000 | 0.12% |
| Abbvie Inc |
35.41%
2,459
|
$421,836,000 | 0.11% |
| Exxon Mobil Corp. |
19.87%
3,565
|
$410,423,000 | 0.11% |
| VanEck ETF Trust |
0.68%
14,272
|
$403,898,000 | 0.11% |
| Adobe Inc |
71.46%
679
|
$377,212,000 | 0.10% |
| Carlisle Cos Inc |
6.51%
905
|
$366,715,000 | 0.10% |
| Mcdonalds Corp |
No change
1,420
|
$361,873,000 | 0.10% |
| Vanguard Admiral Fds Inc |
0.74%
3,085
|
$337,906,000 | 0.09% |
| Illinois Tool Wks Inc |
1.74%
1,358
|
$321,778,000 | 0.09% |
| Spdr Sp 500 Etf Tr |
Opened
560
|
$304,638,000 | 0.08% |
| Chevron Corp. |
29.38%
1,894
|
$296,195,000 | 0.08% |
| Automatic Data Processing In |
0.82%
1,212
|
$289,292,000 | 0.08% |
| Intel Corp. |
5.41%
8,960
|
$277,481,000 | 0.08% |
| Ishares Tr |
Closed
9,355
|
$937,800,000 | |
| Taiwan Semiconductor Mfg Ltd |
Opened
1,526
|
$265,234,000 | 0.07% |
| Select Sector Spdr Tr |
Opened
1,159
|
$262,201,000 | 0.07% |
| NextEra Energy Inc |
Opened
3,656
|
$258,848,000 | 0.07% |
| Vanguard World Fd |
15.53%
816
|
$256,526,000 | 0.07% |
| Lockheed Martin Corp. |
7.03%
548
|
$256,010,000 | 0.07% |
| Oracle Corp. |
Opened
1,798
|
$253,885,000 | 0.07% |
| Lowes Cos Inc |
25.08%
1,142
|
$251,796,000 | 0.07% |
| Aflac Inc. |
8.94%
2,802
|
$250,205,000 | 0.07% |
| Tesla Inc |
27.61%
1,160
|
$229,635,000 | 0.06% |
| Accenture Plc Ireland |
1.57%
754
|
$228,771,000 | 0.06% |
| Norfolk Southn Corp |
16.43%
1,063
|
$228,215,000 | 0.06% |
| Becton Dickinson Co |
2.18%
944
|
$220,630,000 | 0.06% |
| Costco Whsl Corp New |
Opened
256
|
$217,635,000 | 0.06% |
| Abbott Labs |
Opened
2,089
|
$217,035,000 | 0.06% |
| United Parcel Service, Inc. |
Closed
1,380
|
$216,969,000 | |
| Vanguard Malvern Fds |
Opened
4,446
|
$215,809,000 | 0.06% |
| Pfizer Inc. |
16.94%
7,674
|
$214,721,000 | 0.06% |
| Wells Fargo Co New |
Opened
3,501
|
$207,948,000 | 0.06% |
| American Tower Corp. |
Opened
1,059
|
$205,782,000 | 0.06% |
| Vanguard Scottsdale Fds |
Closed
2,559
|
$205,104,000 | |
| Bank America Corp |
Closed
6,059
|
$204,011,000 | |
| Meta Platforms Inc |
Opened
402
|
$202,714,000 | 0.05% |
| Blackrock Inc. |
Closed
249
|
$202,138,000 | |
| Phillips 66 |
Closed
1,503
|
$200,109,000 | |
| Patterson-UTI Energy Inc |
No change
13,394
|
$138,762,000 | 0.04% |
| Medical Pptys Trust Inc |
1.43%
14,457
|
$62,312,000 | 0.02% |
| No transactions found | |||
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