Flower City Capital 13F annual report
Flower City Capital is an investment fund managing more than $155 billion ran by Vincent Crane. There are currently 19 companies in Mr. Crane’s portfolio. The largest investments include Vanguard Scottsdale Fds and Vanguard Intl Equity Index F, together worth $91.8 billion.
$155 billion Assets Under Management (AUM)
As of 8th July 2024, Flower City Capital’s top holding is 203,344 shares of Vanguard Scottsdale Fds currently worth over $50.2 billion and making up 32.4% of the portfolio value.
In addition, the fund holds 672,077 shares of Vanguard Intl Equity Index F worth $41.6 billion.
The third-largest holding is Vanguard Bd Index Fds worth $19.4 billion and the next is Vanguard Index Fds worth $13.3 billion, with 30,014 shares owned.
Currently, Flower City Capital's portfolio is worth at least $155 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 Flower City Capital
The Flower City Capital office and employees reside in Pittsford, New York. According to the last 13-F report filed with the SEC, Vincent Crane serves as the CCO at Flower City Capital.
Recent trades
In the most recent 13F filing, Flower City Capital revealed that it had opened a new position in
Axsome Therapeutics Inc and bought 3,000 shares worth $242 million.
This means they effectively own approximately 0.1% of the company.
Axsome Therapeutics Inc makes up
100.0%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
10,101 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 203,344 shares worth $50.2 billion.
On the other hand, there are companies that Flower City Capital is getting rid of from its portfolio.
Flower City Capital closed its position in IZEA Worldwide Inc on 15th July 2024.
It sold the previously owned 148,397 shares for $343 million.
Vincent Crane also disclosed a decreased stake in Vanguard Bd Index Fds by approximately 0.1%.
This leaves the value of the investment at $19.4 billion and 268,833 shares.
One of the smallest hedge funds
The two most similar investment funds to Flower City Capital are Von Berge Wealth Management and Slotnik Capital. They manage $155 billion and $155 billion respectively.
Vincent Crane investment strategy
Flower City Capital’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.1% of
the total portfolio value.
The fund focuses on investments in the United States as
36.8% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $839 billion.
The complete list of Flower City Capital trades based on 13F SEC filings
These positions were updated on July 15th 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 Scottsdale Fds |
5.23%
203,344
|
$50,201,643,000 | 32.41% |
| Vanguard Intl Equity Index F |
4.19%
672,077
|
$41,629,404,000 | 26.87% |
| Vanguard Bd Index Fds |
9.59%
268,833
|
$19,369,418,000 | 12.50% |
| Vanguard Index Fds |
1.77%
30,014
|
$13,279,545,000 | 8.57% |
| Ishares Tr |
2.61%
79,427
|
$12,722,478,000 | 8.21% |
| Vanguard Admiral Fds Inc |
1.46%
33,946
|
$3,333,800,000 | 2.15% |
| Schwab Strategic Tr |
2.32%
91,900
|
$4,569,717,000 | 2.95% |
| Apple Inc |
No change
11,026
|
$2,322,276,000 | 1.50% |
| Spdr Ser Tr |
1.97%
20,535
|
$1,314,240,000 | 0.85% |
| Microsoft Corporation |
1.02%
2,922
|
$1,306,129,000 | 0.84% |
| Vanguard Tax-managed Fds |
0.20%
24,713
|
$1,221,300,000 | 0.79% |
| NVIDIA Corp |
900.00%
5,560
|
$686,883,000 | 0.44% |
| Amazon.com Inc. |
2.69%
2,892
|
$558,879,000 | 0.36% |
| Vanguard Star Fds |
No change
9,002
|
$542,821,000 | 0.35% |
| Alphabet Inc |
6.03%
3,913
|
$714,736,000 | 0.46% |
| Home Depot, Inc. |
9.98%
1,145
|
$394,155,000 | 0.25% |
| IZEA Worldwide Inc |
Closed
148,397
|
$342,798,000 | |
| Jpmorgan Chase Co. |
2.49%
1,331
|
$269,216,000 | 0.17% |
| Axsome Therapeutics Inc |
Opened
3,000
|
$241,500,000 | 0.16% |
| Cisco Sys Inc |
7.60%
4,862
|
$230,994,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 20 holdings | |||
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