Heron Financial Group 13F annual report
Heron Financial Group is an investment fund managing more than $185 billion ran by David Edwards. There are currently 123 companies in Mr. Edwards’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $81.4 billion.
$185 billion Assets Under Management (AUM)
As of 3rd August 2023, Heron Financial Group’s top holding is 94,323 shares of Vanguard Index Fds currently worth over $26.9 billion and making up 14.5% of the portfolio value.
In addition, the fund holds 554,863 shares of Ishares Tr worth $54.5 billion.
The third-largest holding is Vanguard Whitehall Fds worth $7.07 billion and the next is Apple Inc worth $5.04 billion, with 25,979 shares owned.
Currently, Heron Financial Group's portfolio is worth at least $185 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 Heron Financial Group
The Heron Financial Group office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, David Edwards serves as the President & Chief Compliance Officer at Heron Financial Group.
Recent trades
In the most recent 13F filing, Heron Financial Group revealed that it had opened a new position in
Proshares Tr and bought 7,000 shares worth $287 million.
The investment fund also strengthened its position in Vanguard Whitehall Fds by buying
133 additional shares.
This makes their stake in Vanguard Whitehall Fds total 66,684 shares worth $7.07 billion.
On the other hand, there are companies that Heron Financial Group is getting rid of from its portfolio.
Heron Financial Group closed its position in Moderna Inc on 10th August 2023.
It sold the previously owned 1,528 shares for $235 million.
David Edwards also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $26.9 billion and 94,323 shares.
One of the smaller hedge funds
The two most similar investment funds to Heron Financial Group are Atlantic Investment Management, Inc and Highview Capital Management de/. They manage $185 billion and $185 billion respectively.
David Edwards investment strategy
Heron Financial Group’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 6.0% of
the total portfolio value.
The fund focuses on investments in the United States as
56.1% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 3.3% of the portfolio.
The average market cap of the portfolio companies is close to $167 billion.
The complete list of Heron Financial Group trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Vanguard Index Fds |
3.12%
94,323
|
$26,884,290,000 | 14.51% |
| Ishares Tr |
3.94%
554,863
|
$54,472,207,000 | 29.39% |
| Vanguard Whitehall Fds |
0.20%
66,684
|
$7,073,181,000 | 3.82% |
| Apple Inc |
1.77%
25,979
|
$5,039,147,000 | 2.72% |
| Microsoft Corporation |
3.18%
8,501
|
$2,894,953,000 | 1.56% |
| J P Morgan Exchange Traded F |
2.06%
55,931
|
$2,829,843,000 | 1.53% |
| Thermo Fisher Scientific Inc. |
No change
5,006
|
$2,611,881,000 | 1.41% |
| Invesco Exch Traded Fd Tr Ii |
0.61%
247,024
|
$3,201,322,000 | 1.73% |
| Morgan Stanley |
0.40%
25,449
|
$2,173,355,000 | 1.17% |
| Pacer Fds Tr |
14.30%
42,606
|
$2,039,538,000 | 1.10% |
| Berkshire Hathaway Inc. |
0.30%
5,899
|
$2,011,559,000 | 1.09% |
| Lyondellbasell Industries N |
1.65%
21,593
|
$1,982,897,000 | 1.07% |
| Illinois Tool Wks Inc |
No change
7,926
|
$1,982,768,000 | 1.07% |
| T-Mobile US, Inc. |
5.44%
14,163
|
$1,967,241,000 | 1.06% |
| Aon plc. |
1.64%
5,583
|
$1,927,252,000 | 1.04% |
| Exxon Mobil Corp. |
0.14%
16,762
|
$1,797,698,000 | 0.97% |
| Jpmorgan Chase Co |
1.52%
11,638
|
$1,692,663,000 | 0.91% |
| Johnson Johnson |
1.37%
10,117
|
$1,674,505,000 | 0.90% |
| Teleflex Incorporated |
0.31%
6,451
|
$1,561,336,000 | 0.84% |
| Costco Whsl Corp New |
3.26%
2,854
|
$1,536,736,000 | 0.83% |
| NextEra Energy Inc |
0.54%
20,417
|
$1,514,954,000 | 0.82% |
| Amazon.com Inc. |
0.72%
11,127
|
$1,450,516,000 | 0.78% |
| Fair, Isaac Corp. |
1.71%
1,780
|
$1,440,394,000 | 0.78% |
| Mastercard Incorporated |
0.91%
3,333
|
$1,311,018,000 | 0.71% |
| Unitedhealth Group Inc |
0.04%
2,682
|
$1,289,299,000 | 0.70% |
| DTE Energy Co. |
0.80%
11,489
|
$1,263,991,000 | 0.68% |
| Valero Energy Corp. |
3.77%
9,708
|
$1,138,748,000 | 0.61% |
| Procter And Gamble Co |
2.46%
7,502
|
$1,138,388,000 | 0.61% |
| Adobe Systems Incorporated |
0.04%
2,269
|
$1,109,518,000 | 0.60% |
| Cisco Sys Inc |
2.26%
20,909
|
$1,081,832,000 | 0.58% |
| Duke Energy Corp. |
0.39%
11,684
|
$1,048,494,000 | 0.57% |
| Verizon Communications Inc |
4.03%
27,337
|
$1,016,675,000 | 0.55% |
| Vanguard Bd Index Fds |
0.15%
13,059
|
$982,429,000 | 0.53% |
| Analog Devices Inc. |
0.75%
4,944
|
$963,141,000 | 0.52% |
| Edwards Lifesciences Corp |
2.30%
9,786
|
$923,113,000 | 0.50% |
| Merck Co Inc |
4.05%
7,844
|
$905,119,000 | 0.49% |
| Smucker J M Co |
1.24%
5,716
|
$844,033,000 | 0.46% |
| Home Depot, Inc. |
1.50%
2,705
|
$840,281,000 | 0.45% |
| Commercial Metals Co. |
No change
15,648
|
$824,024,000 | 0.44% |
| Lilly Eli Co |
2.23%
1,754
|
$822,591,000 | 0.44% |
| Pool Corporation |
2.62%
2,156
|
$807,861,000 | 0.44% |
| NVIDIA Corp |
0.11%
1,879
|
$794,855,000 | 0.43% |
| Williams Cos Inc |
2.25%
23,860
|
$778,552,000 | 0.42% |
| Autozone Inc. |
No change
310
|
$772,942,000 | 0.42% |
| Texas Instrs Inc |
0.59%
4,254
|
$765,885,000 | 0.41% |
| Sealed Air Corp. |
1.97%
19,108
|
$764,334,000 | 0.41% |
| Fedex Corp |
1.46%
3,036
|
$752,624,000 | 0.41% |
| Texas Pacific Land Corporati |
No change
559
|
$735,924,000 | 0.40% |
| Sonoco Prods Co |
2.46%
12,092
|
$713,666,000 | 0.39% |
| AMGEN Inc. |
No change
3,207
|
$712,018,000 | 0.38% |
| Marathon Pete Corp |
1.97%
5,967
|
$695,752,000 | 0.38% |
| Alphabet Inc |
1.74%
9,547
|
$1,147,552,000 | 0.62% |
| Progressive Corp. |
2.81%
5,092
|
$674,079,000 | 0.36% |
| Genuine Parts Co. |
2.92%
3,878
|
$656,274,000 | 0.35% |
| Intuit Inc |
2.00%
1,431
|
$655,670,000 | 0.35% |
| Phillips 66 |
2.25%
6,830
|
$651,445,000 | 0.35% |
| Emerson Elec Co |
No change
7,049
|
$637,159,000 | 0.34% |
| RPM International, Inc. |
0.18%
6,598
|
$592,039,000 | 0.32% |
| Archer Daniels Midland Co. |
0.65%
7,700
|
$581,801,000 | 0.31% |
| First Tr Exchng Traded Fd Vi |
8.00%
13,110
|
$579,069,000 | 0.31% |
| Netflix Inc. |
No change
1,313
|
$578,363,000 | 0.31% |
| Qualcomm, Inc. |
No change
4,701
|
$559,607,000 | 0.30% |
| Ecolab, Inc. |
No change
2,956
|
$551,856,000 | 0.30% |
| Caterpillar Inc. |
3.02%
2,217
|
$545,440,000 | 0.29% |
| Quest Diagnostics, Inc. |
No change
3,812
|
$535,815,000 | 0.29% |
| Caci International Inc. |
No change
1,543
|
$525,916,000 | 0.28% |
| Fastenal Co. |
0.01%
8,815
|
$520,001,000 | 0.28% |
| Pfizer Inc. |
1.55%
14,110
|
$517,546,000 | 0.28% |
| Applied Matls Inc |
0.97%
3,580
|
$517,453,000 | 0.28% |
| Oracle Corp. |
3.60%
4,290
|
$510,896,000 | 0.28% |
| Biogen Inc |
2.05%
1,745
|
$497,063,000 | 0.27% |
| Yum Brands Inc. |
3.85%
3,565
|
$493,988,000 | 0.27% |
| Cal-Maine Foods, Inc. |
2.41%
9,577
|
$430,965,000 | 0.23% |
| Lowes Cos Inc |
No change
1,886
|
$425,670,000 | 0.23% |
| Dimensional Etf Trust |
0.56%
8,809
|
$424,241,000 | 0.23% |
| Spdr Sp 500 Etf Tr |
0.53%
945
|
$418,975,000 | 0.23% |
| Materion Corp |
No change
3,641
|
$415,802,000 | 0.22% |
| Advanced Micro Devices Inc. |
0.45%
3,560
|
$405,520,000 | 0.22% |
| Intel Corp. |
4.05%
11,736
|
$392,452,000 | 0.21% |
| Att Inc |
2.69%
24,598
|
$392,338,000 | 0.21% |
| CVS Health Corp |
3.07%
5,657
|
$391,068,000 | 0.21% |
| Ishares Inc |
10.73%
7,898
|
$389,292,000 | 0.21% |
| Mcdonalds Corp |
No change
1,298
|
$387,336,000 | 0.21% |
| Bristol-Myers Squibb Co. |
0.99%
6,027
|
$385,427,000 | 0.21% |
| Eaton Corp Plc |
0.32%
1,859
|
$373,845,000 | 0.20% |
| Penske Automotive Grp Inc |
No change
2,229
|
$371,418,000 | 0.20% |
| Cardinal Health, Inc. |
0.27%
3,770
|
$356,529,000 | 0.19% |
| Pepsico Inc |
No change
1,860
|
$344,494,000 | 0.19% |
| Broadcom Inc. |
2.48%
393
|
$340,900,000 | 0.18% |
| Fiserv, Inc. |
No change
2,564
|
$323,449,000 | 0.17% |
| Mondelez International Inc. |
No change
4,270
|
$311,454,000 | 0.17% |
| Abbott Labs |
No change
2,853
|
$311,034,000 | 0.17% |
| Coca-Cola Co |
3.06%
5,121
|
$308,387,000 | 0.17% |
| International Business Machs |
1.00%
2,276
|
$304,552,000 | 0.16% |
| Entergy Corp. |
No change
3,088
|
$300,679,000 | 0.16% |
| Chevron Corp. |
12.33%
1,884
|
$296,492,000 | 0.16% |
| Cummins Inc. |
3.05%
1,182
|
$289,893,000 | 0.16% |
| Proshares Tr |
Opened
7,000
|
$287,000,000 | 0.15% |
| Marsh Mclennan Cos Inc |
No change
1,479
|
$278,170,000 | 0.15% |
| Truist Finl Corp |
0.05%
9,133
|
$277,187,000 | 0.15% |
| Corteva Inc |
0.25%
4,789
|
$274,426,000 | 0.15% |
| Becton Dickinson Co |
0.29%
1,027
|
$271,138,000 | 0.15% |
| Autodesk Inc. |
5.79%
1,286
|
$263,128,000 | 0.14% |
| Clearway Energy Inc |
No change
9,208
|
$262,980,000 | 0.14% |
| Chubb Limited |
1.53%
1,329
|
$255,912,000 | 0.14% |
| Unilever plc |
0.25%
4,800
|
$250,224,000 | 0.14% |
| Plexus Corp. |
No change
2,543
|
$249,824,000 | 0.13% |
| Boeing Co. |
0.85%
1,166
|
$246,213,000 | 0.13% |
| PayPal Holdings Inc |
4.27%
3,642
|
$243,031,000 | 0.13% |
| General Electric Co. |
No change
2,154
|
$236,617,000 | 0.13% |
| Stryker Corp. |
No change
775
|
$236,328,000 | 0.13% |
| Moderna Inc |
Closed
1,528
|
$234,670,000 | |
| Accenture Plc Ireland |
0.39%
759
|
$234,212,000 | 0.13% |
| Target Corp |
Closed
1,383
|
$229,066,000 | |
| Travelers Companies Inc. |
No change
1,303
|
$226,279,000 | 0.12% |
| Pinnacle West Cap Corp |
No change
2,737
|
$222,956,000 | 0.12% |
| Honeywell International Inc |
No change
1,052
|
$218,290,000 | 0.12% |
| Diageo plc |
No change
1,245
|
$215,983,000 | 0.12% |
| Automatic Data Processing In |
No change
980
|
$215,394,000 | 0.12% |
| Revvity Inc. |
Closed
1,599
|
$213,083,000 | |
| Nike, Inc. |
Closed
1,713
|
$210,082,000 | |
| Baxter International Inc. |
Opened
4,545
|
$207,070,000 | 0.11% |
| Abbvie Inc |
Closed
1,298
|
$206,862,000 | |
| 3M Co. |
No change
2,050
|
$205,185,000 | 0.11% |
| Wells Fargo Co New |
Opened
4,774
|
$203,734,000 | 0.11% |
| Agree Rlty Corp |
No change
3,100
|
$202,709,000 | 0.11% |
| Deutsche Bank A G |
No change
18,690
|
$196,806,000 | 0.11% |
| Dnp Select Income Fd Inc |
0.29%
16,171
|
$169,472,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 128 holdings | |||
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