Washburn Capital Management, Inc 13F annual report
Washburn Capital Management, Inc is an investment fund managing more than $119 billion ran by David Washburn. There are currently 31 companies in Mr. Washburn’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Vanguard Index Fds, together worth $61.1 billion.
$119 billion Assets Under Management (AUM)
As of 18th July 2024, Washburn Capital Management, Inc’s top holding is 62,322 shares of Spdr S&p 500 Etf Tr currently worth over $33.9 billion and making up 28.4% of the portfolio value.
In addition, the fund holds 99,216 shares of Vanguard Index Fds worth $27.2 billion.
The third-largest holding is Spdr Dow Jones Indl Average worth $12.6 billion and the next is NVIDIA Corp worth $5.87 billion, with 47,524 shares owned.
Currently, Washburn Capital Management, Inc's portfolio is worth at least $119 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 Washburn Capital Management, Inc
The Washburn Capital Management, Inc office and employees reside in Vero Beach, Florida. According to the last 13-F report filed with the SEC, David Washburn serves as the Owner at Washburn Capital Management, Inc.
Recent trades
In the most recent 13F filing, Washburn Capital Management, Inc revealed that it had opened a new position in
Alcoa Corp and bought 22,843 shares worth $909 million.
This means they effectively own approximately 0.1% of the company.
Alcoa Corp makes up
62.6%
of the fund's Materials sector allocation and has decreased its share price by 1.9% in the past year.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
141 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 62,322 shares worth $33.9 billion.
On the other hand, there are companies that Washburn Capital Management, Inc is getting rid of from its portfolio.
Washburn Capital Management, Inc closed its position in Ishares Tr on 25th July 2024.
It sold the previously owned 8,348 shares for $588 million.
David Washburn also disclosed a decreased stake in Spdr Dow Jones Indl Average by approximately 0.1%.
This leaves the value of the investment at $12.6 billion and 32,189 shares.
One of the smallest hedge funds
The two most similar investment funds to Washburn Capital Management, Inc are V Wealth Advisors and Stadium Capital Management. They manage $119 billion and $119 billion respectively.
David Washburn investment strategy
Washburn Capital Management, Inc’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 13.1% of
the total portfolio value.
The fund focuses on investments in the United States as
61.3% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 6.5% of the portfolio.
The average market cap of the portfolio companies is close to $432 billion.
The complete list of Washburn Capital Management, Inc trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
0.23%
62,322
|
$33,917,394,000 | 28.44% |
| Vanguard Index Fds |
3.62%
99,216
|
$27,170,132,000 | 22.78% |
| Spdr Dow Jones Indl Average |
4.58%
32,189
|
$12,590,329,000 | 10.56% |
| NVIDIA Corp |
799.91%
47,524
|
$5,871,183,000 | 4.92% |
| Apple Inc |
2.64%
18,558
|
$3,908,831,000 | 3.28% |
| Microsoft Corporation |
1.81%
7,929
|
$3,544,295,000 | 2.97% |
| Ishares Tr |
1.24%
62,819
|
$5,168,749,000 | 4.33% |
| Visa Inc |
0.86%
10,203
|
$2,678,232,000 | 2.25% |
| Meta Platforms Inc |
1.86%
5,263
|
$2,653,710,000 | 2.22% |
| Costco Whsl Corp New |
3.45%
3,000
|
$2,549,970,000 | 2.14% |
| Eli Lilly & Co |
1.10%
2,789
|
$2,525,105,000 | 2.12% |
| Amazon.com Inc. |
2.03%
12,574
|
$2,429,926,000 | 2.04% |
| Palo Alto Networks Inc |
20.45%
5,614
|
$1,903,202,000 | 1.60% |
| Select Sector Spdr Tr |
20.30%
16,073
|
$1,465,064,000 | 1.23% |
| Home Depot, Inc. |
1.48%
3,999
|
$1,376,616,000 | 1.15% |
| Caterpillar Inc. |
3.35%
3,032
|
$1,010,048,000 | 0.85% |
| Berkshire Hathaway Inc. |
6.96%
2,458
|
$999,914,000 | 0.84% |
| Alcoa Corp |
Opened
22,843
|
$908,695,000 | 0.76% |
| Abbvie Inc |
2.75%
5,232
|
$897,467,000 | 0.75% |
| Advanced Micro Devices Inc. |
5.95%
4,877
|
$791,098,000 | 0.66% |
| Morgan Stanley |
11.62%
6,576
|
$639,121,000 | 0.54% |
| Alphabet Inc |
6.64%
3,445
|
$631,882,000 | 0.53% |
| Ishares Tr |
Closed
8,348
|
$587,699,000 | |
| Schwab Strategic Tr |
11.38%
8,929
|
$561,366,000 | 0.47% |
| Unitedhealth Group Inc |
67.83%
1,074
|
$547,110,000 | 0.46% |
| Freeport-McMoRan Inc |
104.86%
11,165
|
$542,619,000 | 0.45% |
| Idexx Labs Inc |
Closed
828
|
$447,062,000 | |
| Chevron Corp. |
6.56%
2,705
|
$423,116,000 | 0.35% |
| Valero Energy Corp. |
1.19%
2,485
|
$389,549,000 | 0.33% |
| JPMorgan Chase & Co. |
1.89%
1,620
|
$327,661,000 | 0.27% |
| First Tr Nas100 Eq Weighted |
14.10%
2,589
|
$319,198,000 | 0.27% |
| Spdr Ser Tr |
No change
4,175
|
$277,011,000 | 0.23% |
| Shopify Inc |
74.10%
3,845
|
$253,962,000 | 0.21% |
| Spdr Ser Tr |
Closed
4,055
|
$244,435,000 | |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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