Novak & Powell Services 13F annual report
Novak & Powell Services is an investment fund managing more than $154 billion ran by David Novak. There are currently 151 companies in Mr. Novak’s portfolio. The largest investments include Vanguard Growth Etf and Apple Inc, together worth $19 billion.
$154 billion Assets Under Management (AUM)
As of 8th August 2024, Novak & Powell Services’s top holding is 27,654 shares of Vanguard Growth Etf currently worth over $10.3 billion and making up 6.7% of the portfolio value.
In addition, the fund holds 41,217 shares of Apple Inc worth $8.68 billion, whose value grew 20.3% in the past six months.
The third-largest holding is Vanguard Large-cap Etf worth $7.7 billion and the next is Spdr Sp 500 Etf worth $5.65 billion, with 10,376 shares owned.
Currently, Novak & Powell Services's portfolio is worth at least $154 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 Novak & Powell Services
The Novak & Powell Services office and employees reside in St. Petersburg, Florida. According to the last 13-F report filed with the SEC, David Novak serves as the Principal / CCO at Novak & Powell Services.
Recent trades
In the most recent 13F filing, Novak & Powell Services revealed that it had opened a new position in
Vanguard Small Cap Growth Etf and bought 3,105 shares worth $777 million.
The investment fund also strengthened its position in Apple Inc by buying
69 additional shares.
This makes their stake in Apple Inc total 41,217 shares worth $8.68 billion.
Apple Inc soared 24.7% in the past year.
On the other hand, there are companies that Novak & Powell Services is getting rid of from its portfolio.
Novak & Powell Services closed its position in Intel on 15th August 2024.
It sold the previously owned 7,458 shares for $329 million.
David Novak also disclosed a decreased stake in Vanguard Growth Etf by 0.2%.
This leaves the value of the investment at $10.3 billion and 27,654 shares.
One of the smallest hedge funds
The two most similar investment funds to Novak & Powell Services are Helios Capital Management Pte. Ltd and Strategic Equity Management. They manage $154 billion and $153 billion respectively.
David Novak investment strategy
Novak & Powell Services’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 6.7% of
the total portfolio value.
The fund focuses on investments in the United States as
26.5% 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
26% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $236 billion.
The complete list of Novak & Powell Services trades based on 13F SEC filings
These positions were updated on August 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 Growth Etf |
20.10%
27,654
|
$10,342,767,000 | 6.73% |
| Apple Inc |
0.17%
41,217
|
$8,681,208,000 | 5.65% |
| Vanguard Large-cap Etf |
0.98%
30,830
|
$7,695,846,000 | 5.01% |
| Spdr Sp 500 Etf |
0.24%
10,376
|
$5,646,961,000 | 3.68% |
| Microsoft Corporation |
0.34%
12,482
|
$5,579,048,000 | 3.63% |
| Vanguard Value Etf |
0.01%
28,210
|
$4,525,136,000 | 2.95% |
| Vanguard Dividend Appreciation Etf |
0.22%
19,764
|
$3,607,823,000 | 2.35% |
| Vanguard Total World Stock Etf |
0.45%
31,170
|
$3,510,648,000 | 2.29% |
| Berkshire Hathaway Incorporated Del Class B New |
3.72%
8,064
|
$3,280,435,000 | 2.14% |
| Spdr Dow Jones Industrial Average Etf Trust |
0.35%
8,376
|
$3,276,098,000 | 2.13% |
| Vanguard Short Term Cor Bd Etf |
135.39%
40,927
|
$3,162,654,000 | 2.06% |
| Vanguard Total Stock Market Etf |
1.14%
10,787
|
$2,885,623,000 | 1.88% |
| NVIDIA Corp |
921.93%
22,973
|
$2,838,085,000 | 1.85% |
| Ishares Core Sp Mid Cap Etf |
40.35%
42,359
|
$2,478,875,000 | 1.61% |
| First Trust Dow Jones Internet Index Fund |
0.02%
11,762
|
$2,410,504,000 | 1.57% |
| First Trust Nasdaq-100 Technology Index Fund |
0.34%
11,723
|
$2,314,824,000 | 1.51% |
| Ishares Core Sp Small Cap Etf |
23.84%
20,998
|
$2,239,670,000 | 1.46% |
| Procter And Gamble Company |
0.89%
11,706
|
$1,930,574,000 | 1.26% |
| Ishares Sp Small Cap 600 Etf |
132.73%
18,926
|
$1,840,962,000 | 1.20% |
| Ishares Gold Tr Ishares New |
No change
39,292
|
$1,726,098,000 | 1.12% |
| Vanguard Short-term Bond Etf |
45.81%
22,166
|
$1,700,168,000 | 1.11% |
| Ishares Sp Mid Cap 400 Value Etf |
113.36%
14,792
|
$1,678,275,000 | 1.09% |
| Ishares Sp Smll Cap 600 Grth Etf |
89.20%
12,928
|
$1,660,311,000 | 1.08% |
| Vanguard Health Care Etf |
0.03%
6,177
|
$1,643,163,000 | 1.07% |
| Ishares Sp Mid Cap 400 Grwth Etf |
151.10%
18,561
|
$1,635,371,000 | 1.06% |
| Ishares Biotechnology Etf |
32.70%
11,590
|
$1,590,792,000 | 1.04% |
| Vanguard Intermediate-term Corporate Bond Etf |
72.58%
19,402
|
$1,550,795,000 | 1.01% |
| First Trust Technology Alphadex Fund |
1.32%
11,222
|
$1,529,110,000 | 1.00% |
| Vanguard Financials Etf |
0.68%
15,000
|
$1,498,200,000 | 0.98% |
| Johnson Johnson |
1.30%
10,121
|
$1,479,265,000 | 0.96% |
| Vanguard Ftse Emerging Markets Etf |
0.15%
33,673
|
$1,473,533,000 | 0.96% |
| Vanguard Real Estate Etf |
45.16%
17,545
|
$1,469,616,000 | 0.96% |
| Jpmorgan Chase Company. |
2.59%
6,554
|
$1,325,569,000 | 0.86% |
| Vanguard Mid-cap Growth Etf |
90.45%
5,526
|
$1,268,549,000 | 0.83% |
| Boeing Co. |
2.42%
6,763
|
$1,230,860,000 | 0.80% |
| Enterprise Products Partners L P |
1.62%
39,658
|
$1,149,292,000 | 0.75% |
| Qualcomm, Inc. |
0.27%
5,576
|
$1,110,719,000 | 0.72% |
| Vanguard Total Bond Market Etf |
0.51%
14,759
|
$1,063,387,000 | 0.69% |
| Vanguard Mid-cap Value Etf |
50.36%
7,016
|
$1,055,417,000 | 0.69% |
| Vanguard Ftse Europe Etf |
63.65%
15,589
|
$1,040,898,000 | 0.68% |
| Ishares Tr Dow Jones Us Etf |
No change
7,732
|
$1,023,024,000 | 0.67% |
| Sba Communications Corporation New Class A Reit |
No change
4,939
|
$969,526,000 | 0.63% |
| Equifax, Inc. |
0.08%
3,938
|
$954,784,000 | 0.62% |
| First Trust Dorsey Wright Focus 5 ETF |
1.30%
16,410
|
$939,728,000 | 0.61% |
| Parker-Hannifin Corp. |
No change
1,841
|
$931,293,000 | 0.61% |
| AMGEN Inc. |
0.31%
2,868
|
$895,956,000 | 0.58% |
| Amazon.com Inc. |
9.33%
4,374
|
$845,276,000 | 0.55% |
| Vanguard Utilities Etf |
No change
5,670
|
$838,706,000 | 0.55% |
| Exxon Mobil Corp. |
4.10%
6,932
|
$798,029,000 | 0.52% |
| Vanguard Ftse All-world Ex-us Etf |
0.62%
13,426
|
$787,282,000 | 0.51% |
| Vanguard Small Cap Growth Etf |
Opened
3,105
|
$776,654,000 | 0.51% |
| Ecolab, Inc. |
0.03%
3,260
|
$775,889,000 | 0.51% |
| Ishares Sp 500 Value Etf |
Opened
3,633
|
$661,242,000 | 0.43% |
| Unitedhealth Group Inc |
0.39%
1,293
|
$658,317,000 | 0.43% |
| Vanguard Materials Etf |
No change
3,395
|
$654,063,000 | 0.43% |
| Spdr Sp International Dividend Etf |
1.54%
18,693
|
$643,613,000 | 0.42% |
| Mcdonalds Corporation |
1.27%
2,478
|
$631,545,000 | 0.41% |
| Danaher Corp. |
1.46%
2,494
|
$623,126,000 | 0.41% |
| Ishares Core Sp 500 Etf |
61.02%
1,132
|
$619,336,000 | 0.40% |
| Brookfield Infrast Partners Lp Lp Int Unit (bermuda) |
7.43%
22,425
|
$615,342,000 | 0.40% |
| Berkshire Hathaway Incorporated Del Class A |
No change
1
|
$612,241,000 | 0.40% |
| Vanguard Mid-cap Etf |
0.46%
2,393
|
$579,336,000 | 0.38% |
| Southern Company |
No change
7,436
|
$576,841,000 | 0.38% |
| Ishares Tr Expanded Tech |
0.23%
6,625
|
$575,713,000 | 0.37% |
| Disney Walt Company |
0.34%
5,788
|
$574,668,000 | 0.37% |
| Vanguard Total International Stock Etf |
0.11%
9,423
|
$568,206,000 | 0.37% |
| 3M Co. |
0.34%
5,531
|
$565,235,000 | 0.37% |
| First Trust Health Care Alphadex Fund |
No change
5,383
|
$562,631,000 | 0.37% |
| Alerian Mlp Etf |
1.81%
11,544
|
$553,866,000 | 0.36% |
| Merck Company Incorporated |
0.25%
4,447
|
$550,600,000 | 0.36% |
| Sfl Corporation Limited Shs (bermuda) |
3.93%
39,285
|
$545,274,000 | 0.35% |
| Pnc Finl Svcs Group Incorporated |
No change
3,364
|
$523,035,000 | 0.34% |
| Spdr Bloomberg High Yield Bond Etf |
1.69%
5,463
|
$514,963,000 | 0.34% |
| Vanguard Short-term Treasury Etf |
No change
8,600
|
$498,714,000 | 0.32% |
| Cintas Corporation |
0.57%
694
|
$486,077,000 | 0.32% |
| Vanguard Small Cap Value Etf |
Opened
2,641
|
$482,035,000 | 0.31% |
| First Trust Capital Strength ETF |
0.02%
5,651
|
$474,897,000 | 0.31% |
| Duke Energy Corporation New Com New |
2.06%
4,707
|
$471,821,000 | 0.31% |
| Southern Copper Corporation |
1.02%
4,343
|
$467,915,000 | 0.30% |
| S T Bancorp Incorporated |
No change
13,819
|
$461,416,000 | 0.30% |
| Dnp Select Income Fd Incorporated |
1.82%
52,915
|
$434,961,000 | 0.28% |
| Vanguard High Dividend Yield Etf |
0.53%
3,599
|
$426,840,000 | 0.28% |
| Philip Morris International Inc |
0.12%
4,172
|
$422,812,000 | 0.28% |
| Walmart Inc |
2.14%
6,161
|
$417,157,000 | 0.27% |
| Chevron Corp. |
0.11%
2,650
|
$414,588,000 | 0.27% |
| Texas Instrs Incorporated |
0.29%
2,095
|
$407,589,000 | 0.27% |
| NextEra Energy Inc |
No change
5,670
|
$401,493,000 | 0.26% |
| Evergy Inc |
1.20%
7,271
|
$385,127,000 | 0.25% |
| Raymond James Finl Incorporated |
0.10%
3,073
|
$379,818,000 | 0.25% |
| Tesla Inc |
11.82%
1,918
|
$379,534,000 | 0.25% |
| Applied Matls Incorporated |
0.88%
1,581
|
$373,093,000 | 0.24% |
| Invesco Sp 500 Low Volatility Etf |
3.25%
5,539
|
$359,782,000 | 0.23% |
| Pfizer Inc. |
0.19%
12,818
|
$358,637,000 | 0.23% |
| Automatic Data Processing Inc. |
0.35%
1,452
|
$346,465,000 | 0.23% |
| Stryker Corp. |
Opened
1,000
|
$340,250,000 | 0.22% |
| Vanguard International Dividend Appreciation Etf |
0.63%
4,134
|
$336,014,000 | 0.22% |
| Ishares Tr Ishares Semicdtr |
No change
1,350
|
$332,951,000 | 0.22% |
| Intel Corp. |
Closed
7,458
|
$329,407,000 | |
| Bank America Corporation |
0.07%
8,277
|
$329,157,000 | 0.21% |
| First Trust Etf Ii Indls Prod Durable |
No change
4,750
|
$323,285,000 | 0.21% |
| Marriott International Incorporated New Class A |
No change
1,321
|
$319,377,000 | 0.21% |
| Pepsico Incorporated |
0.84%
1,930
|
$318,336,000 | 0.21% |
| Vanguard Small Cap Etf |
Opened
12,262
|
$307,436,000 | 0.20% |
| Ishares Tr Rus Tp200 Gr Etf |
No change
1,400
|
$300,328,000 | 0.20% |
| Mccormick Company Incorporated Com Non Vtg |
0.05%
4,197
|
$297,761,000 | 0.19% |
| Verizon Communications Inc |
6.08%
7,197
|
$296,812,000 | 0.19% |
| Ishares Tr U.s. Tech Etf |
No change
1,894
|
$285,047,000 | 0.19% |
| Electronic Arts, Inc. |
0.15%
2,043
|
$284,622,000 | 0.19% |
| Spdr Technology Select Sector Fund |
1.13%
1,248
|
$282,245,000 | 0.18% |
| Honeywell International Inc |
0.08%
1,298
|
$277,110,000 | 0.18% |
| Ishares Tr Msci Emg Mkt Etf |
0.56%
6,503
|
$276,980,000 | 0.18% |
| Conocophillips |
No change
2,256
|
$258,063,000 | 0.17% |
| Vanguard Index Funds Sp 500 Etf Shs New |
1.79%
513
|
$256,567,000 | 0.17% |
| Neos Sp 500 High Income Etf |
Opened
5,100
|
$255,765,000 | 0.17% |
| Ball Corp. |
No change
4,200
|
$252,084,000 | 0.16% |
| Spdr Gold Shares |
Opened
1,152
|
$247,692,000 | 0.16% |
| M T Bk Corporation |
1.30%
1,633
|
$247,161,000 | 0.16% |
| Invesco Sp Smallcap Industrials Etf |
No change
2,037
|
$244,562,000 | 0.16% |
| Invesco Sp 500 Top 50 Etf |
No change
5,306
|
$242,750,000 | 0.16% |
| Pacer Us Cash Cows 100 Etf |
Opened
4,428
|
$241,271,000 | 0.16% |
| Altria Group Inc. |
0.17%
5,252
|
$239,235,000 | 0.16% |
| Union Pac Corporation |
11.99%
1,057
|
$239,077,000 | 0.16% |
| Kroger Co. |
0.46%
4,788
|
$239,051,000 | 0.16% |
| Abbvie Inc |
No change
1,390
|
$238,413,000 | 0.16% |
| Home Depot, Inc. |
0.14%
692
|
$238,122,000 | 0.16% |
| Ishares Core Msci Emerging Etf |
Opened
4,381
|
$234,515,000 | 0.15% |
| First Trust Nyse Arca Biotechnology Index Fund |
No change
1,512
|
$232,833,000 | 0.15% |
| Coca-Cola Co |
0.19%
3,648
|
$232,222,000 | 0.15% |
| Spdr Industrial Select Sector Fund |
0.27%
1,878
|
$228,897,000 | 0.15% |
| Costco Wholesale Corp |
Opened
267
|
$226,809,000 | 0.15% |
| Proshares Sp 500 Dividend Aristocrats Etf |
9.79%
2,356
|
$226,529,000 | 0.15% |
| Broadridge Finl Solutions Incorporated |
Opened
1,149
|
$226,281,000 | 0.15% |
| Ishares U S Consumer Staples Etf |
Opened
3,401
|
$223,616,000 | 0.15% |
| Yum Brands Inc. |
0.36%
1,677
|
$222,095,000 | 0.14% |
| Lowes Companies Incorporated |
Opened
986
|
$217,331,000 | 0.14% |
| First Trust Preferred Securities And Income Etf |
0.79%
12,481
|
$216,670,000 | 0.14% |
| Att Incorporated |
1.00%
11,330
|
$216,524,000 | 0.14% |
| Deere Company |
Closed
525
|
$215,583,000 | |
| Invesco Sp 500 Equal Weight Industrials Etf |
No change
4,715
|
$214,108,000 | 0.14% |
| Brown Brown Incorporated |
Closed
2,440
|
$213,598,000 | |
| Target Corp |
Closed
1,203
|
$213,222,000 | |
| Reaves Util Income Fd Com Sh Ben Int |
1.67%
7,803
|
$213,191,000 | 0.14% |
| Healthpeak Properties Incorporated Reit |
Opened
10,777
|
$211,236,000 | 0.14% |
| Ge Aerospace Com New |
No change
1,328
|
$211,140,000 | 0.14% |
| Dow Inc |
Closed
3,638
|
$210,767,000 | |
| Invesco Sp Smallcap Consumer Staples Etf |
Closed
5,655
|
$210,536,000 | |
| Grainger W W Incorporated |
Closed
206
|
$209,185,000 | |
| Sp Global Incorporated |
Opened
466
|
$207,618,000 | 0.14% |
| Dominion Energy Inc |
0.87%
4,156
|
$203,636,000 | 0.13% |
| Cisco Systems, Inc. |
0.26%
4,272
|
$202,982,000 | 0.13% |
| Phillips 66 |
No change
1,425
|
$201,201,000 | 0.13% |
| Invesco Financial Preferred Etf |
0.10%
13,381
|
$197,106,000 | 0.13% |
| New York Cmnty Bancorp Incorporated |
2.92%
58,334
|
$187,834,000 | 0.12% |
| Bny Mellon Strategic Muns Incorporated |
1.12%
25,204
|
$154,251,000 | 0.10% |
| Mfs High Income Mun Tr Sh Ben Int |
1.26%
34,674
|
$128,639,000 | 0.08% |
| Abrdn Global Dynamic Dividend |
Opened
11,431
|
$111,562,000 | 0.07% |
| Western Asset Managed Muns Fd |
Closed
9,716
|
$101,532,000 | |
| Bny Mellon Strategic Mun Bd Fd |
1.26%
16,925
|
$100,535,000 | 0.07% |
| Mfs High Yield Mun Tr Sh Ben Int |
1.23%
28,045
|
$96,195,000 | 0.06% |
| Northwest Bancshares Incorporated Md |
Closed
8,000
|
$93,200,000 | |
| No transactions found | |||
| Showing first 500 out of 160 holdings | |||
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