Dean, Jacobson Services 13F annual report

Dean, Jacobson Services is an investment fund managing more than $123 billion ran by Jeffrey Schmeltekopf. There are currently 11 companies in Mr. Schmeltekopf’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Spdr Ser Tr, together worth $77.5 billion.

$123 billion Assets Under Management (AUM)

As of 12th April 2024, Dean, Jacobson Services’s top holding is 103,024 shares of Spdr Sp 500 Etf Tr currently worth over $53.9 billion and making up 43.7% of the portfolio value. In addition, the fund holds 285,086 shares of Spdr Ser Tr worth $23.7 billion. The third-largest holding is Ishares Tr worth $24.1 billion and the next is Select Sector Spdr Tr worth $19.7 billion, with 497,880 shares owned.

Currently, Dean, Jacobson Services's portfolio is worth at least $123 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 Dean, Jacobson Services

The Dean, Jacobson Services office and employees reside in Fort Worth, Texas. According to the last 13-F report filed with the SEC, Jeffrey Schmeltekopf serves as the Chief Compliance Officer at Dean, Jacobson Services.

Recent trades

In the most recent 13F filing, Dean, Jacobson Services revealed that it had opened a new position in Select Sector Spdr Tr and bought 497,880 shares worth $19.7 billion.

The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying 1,473 additional shares. This makes their stake in Spdr Sp 500 Etf Tr total 103,024 shares worth $53.9 billion.

On the other hand, there are companies that Dean, Jacobson Services is getting rid of from its portfolio. Dean, Jacobson Services closed its position in Spdr Ser Tr on 19th April 2024. It sold the previously owned 214,742 shares for $19.7 billion. Jeffrey Schmeltekopf also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $24.1 billion and 322,840 shares.

One of the smallest hedge funds

The two most similar investment funds to Dean, Jacobson Services are Yarger Wealth Strategies and Kabouter Management. They manage $123 billion and $123 billion respectively.

Jeffrey Schmeltekopf investment strategy

Dean, Jacobson Services’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 0.3% of the total portfolio value. The fund focuses on investments in the United States as 18.2% 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 18% 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 $1.21 trillion.

The complete list of Dean, Jacobson Services trades based on 13F SEC filings

These positions were updated on April 19th 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 Sp 500 Etf Tr	1.45% 103,024	$53,888,496,000	43.65%
Spdr Ser Tr	1.72% 285,086	$23,653,547,000	19.16%
Ishares Tr	3.81% 322,840	$24,058,874,000	19.49%
Spdr Ser Tr	Closed 214,742	$19,717,638,000
Select Sector Spdr Tr	Opened 497,880	$19,681,208,000	15.94%
AdaptHealth Corp.	Closed 62,401	$567,849,000
Texas Pacific Land Corporati	200.00% 885	$511,981,000	0.41%
Fs Credit Opportunities Corp	24.72% 62,799	$372,398,000	0.30%
Apple Inc	6.40% 1,871	$320,839,000	0.26%
Exxon Mobil Corp.	6.50% 2,747	$319,311,000	0.26%
Pimco Etf Tr	31.97% 4,503	$224,700,000	0.18%
Fs Kkr Cap Corp	31.69% 11,295	$215,402,000	0.17%
Dimensional Etf Trust	30.49% 5,057	$206,831,000	0.17%
No transactions found
Showing first 500 out of 13 holdings