Del-sette Capital Management 13F annual report

Del-sette Capital Management is an investment fund managing more than $122 billion ran by Hermes Iii. There are currently 34 companies in Mr. Iii’s portfolio. The largest investments include Alps Etf Tr and Spdr Index Shs Fds, together worth $40 billion.

Limited to 30 biggest holdings

$122 billion Assets Under Management (AUM)

As of 26th July 2024, Del-sette Capital Management’s top holding is 1,056,890 shares of Alps Etf Tr currently worth over $32.2 billion and making up 26.5% of the portfolio value. In addition, the fund holds 155,173 shares of Spdr Index Shs Fds worth $7.76 billion. The third-largest holding is Innovator ETFs Trust worth $6.47 billion and the next is Dimensional Etf Trust worth $6.05 billion, with 224,936 shares owned.

Currently, Del-sette Capital Management's portfolio is worth at least $122 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 Del-sette Capital Management

The Del-sette Capital Management office and employees reside in Schenectady, New York. According to the last 13-F report filed with the SEC, Hermes Iii serves as the Chief Compliance Officer at Del-sette Capital Management.

Recent trades

In the most recent 13F filing, Del-sette Capital Management revealed that it had opened a new position in Invesco Exch Traded Fd Tr Ii and bought 255,798 shares worth $5.46 billion.

The investment fund also strengthened its position in Spdr Index Shs Fds by buying 89,863 additional shares. This makes their stake in Spdr Index Shs Fds total 155,173 shares worth $7.76 billion.

On the other hand, there are companies that Del-sette Capital Management is getting rid of from its portfolio. Del-sette Capital Management closed its position in Phillips 66 on 2nd August 2024. It sold the previously owned 27,741 shares for $4.53 billion. Hermes Iii also disclosed a decreased stake in Alps Etf Tr by 0.1%. This leaves the value of the investment at $32.2 billion and 1,056,890 shares.

One of the smallest hedge funds

The two most similar investment funds to Del-sette Capital Management are Patrick M Sweeney & Associates, Inc and Frazier Advisors. They manage $122 billion and $122 billion respectively.

Hermes Iii investment strategy

Del-sette Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Miscellaneous — making up 5.3% of the total portfolio value. The fund focuses on investments in the United States as 38.2% 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 41% of the total holdings value. On the other hand, small-cap stocks make up only 2.9% of the portfolio. The average market cap of the portfolio companies is close to $414 billion.

The complete list of Del-sette Capital Management trades based on 13F SEC filings

These positions were updated on August 2nd 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
Alps Etf Tr	11.76% 1,056,890	$32,247,368,000	26.47%
Spdr Index Shs Fds	137.59% 155,173	$7,763,292,000	6.37%
Innovator ETFs Trust	114.82% 233,088	$6,472,861,000	5.31%
Dimensional Etf Trust	153.31% 224,936	$6,051,882,000	4.97%
Invesco Exch Traded Fd Tr Ii	1,035.50% 156,415	$5,585,590,000	4.58%
Invesco Exch Traded Fd Tr Ii	Opened 255,798	$5,460,804,000	4.48%
Dimensional Etf Trust	Opened 143,641	$5,162,458,000	4.24%
Phillips 66	Closed 27,741	$4,531,215,000
Wisdomtree Tr	7.23% 144,638	$4,505,485,000	3.70%
NVIDIA Corp	693.29% 36,174	$4,468,954,000	3.67%
Pimco Etf Tr	8.50% 44,732	$4,074,199,000	3.34%
Apple Inc	207.24% 17,860	$3,761,603,000	3.09%
Vanguard Index Fds	32.49% 8,488	$3,174,597,000	2.61%
Palo Alto Networks Inc	Closed 9,934	$2,822,547,000
Netflix Inc.	5.86% 4,173	$2,816,274,000	2.31%
Sea Ltd	Opened 35,585	$2,541,481,000	2.09%
Salesforce Inc	Closed 8,360	$2,517,865,000
Quanta Svcs Inc	Opened 9,512	$2,416,904,000	1.98%
Williams Cos Inc	52.82% 52,258	$2,220,965,000	1.82%
Direxion Shs Etf Tr	Closed 18,765	$2,105,433,000
Oneok Inc.	53.15% 25,401	$2,071,452,000	1.70%
CRISPR Therapeutics AG	Opened 36,841	$1,989,782,000	1.63%
Simon Ppty Group Inc New	53.34% 12,365	$1,877,007,000	1.54%
Caterpillar Inc.	Closed 5,045	$1,848,639,000
Novo-nordisk A S	Opened 12,851	$1,834,352,000	1.51%
International Paper Co.	Opened 41,392	$1,786,065,000	1.47%
Coca-Cola Co	Closed 28,579	$1,748,463,000
International Business Machs	57.55% 10,098	$1,746,449,000	1.43%
Dow Inc	Closed 30,114	$1,744,504,000
Eli Lilly Co	Opened 1,925	$1,742,856,000	1.43%
Zscaler Inc	Closed 8,869	$1,708,435,000
Verizon Communications Inc	Closed 39,337	$1,650,581,000
MercadoLibre Inc	Closed 1,088	$1,645,012,000
KeyCorp	54.44% 114,686	$1,629,688,000	1.34%
Cisco Sys Inc	Closed 32,300	$1,612,093,000
Ross Stores, Inc.	Opened 9,587	$1,393,183,000	1.14%
Ishares Tr	7.01% 47,662	$2,826,367,000	2.32%
Invesco Exchange Traded Fd T	59.41% 20,386	$1,067,812,000	0.88%
Alphabet Inc	6.01% 4,146	$760,520,000	0.62%
Amazon.com Inc.	3.44% 2,833	$547,477,000	0.45%
Meta Platforms Inc	3.07% 1,073	$541,196,000	0.44%
Microsoft Corporation	12.29% 899	$401,659,000	0.33%
Schwab Strategic Tr	No change 4,567	$355,130,000	0.29%
First Tr Exchange-traded Fd	No change 4,818	$287,153,000	0.24%
Broadcom Inc	Opened 160	$256,885,000	0.21%
No transactions found
Showing first 500 out of 45 holdings