Fort, L.P. 13F annual report

Fort, L.P. is an investment fund managing more than $39.1 billion ran by Yves Balcer. There are currently 137 companies in Mr. Balcer’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $2.06 billion.

$39.1 billion Assets Under Management (AUM)

As of 6th August 2024, Fort, L.P.’s top holding is 2,331 shares of Microsoft currently worth over $1.04 billion and making up 2.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Fort, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 4,835 shares of Apple Inc worth $1.02 billion, whose value grew 17.6% in the past six months. The third-largest holding is Alphabet Inc worth $818 million and the next is Meta Platforms Inc worth $614 million, with 1,217 shares owned.

Currently, Fort, L.P.'s portfolio is worth at least $39.1 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 Fort, L.P.

The Fort, L.P. office and employees reside in Chevy Chase, Maryland. According to the last 13-F report filed with the SEC, Yves Balcer serves as the CCO at Fort, L.P..

Recent trades

In the most recent 13F filing, Fort, L.P. revealed that it had opened a new position in Lam Research and bought 343 shares worth $365 million. This means they effectively own approximately 0.1% of the company. Lam Research makes up 3.7% of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Walmart Inc by buying 3,552 additional shares. This makes their stake in Walmart Inc total 5,920 shares worth $401 million. Walmart Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Fort, L.P. is getting rid of from its portfolio. Fort, L.P. closed its position in Vmware on 13th August 2024. It sold the previously owned 2,022 shares for $337 million. Yves Balcer also disclosed a decreased stake in Microsoft by 0.2%. This leaves the value of the investment at $1.04 billion and 2,331 shares.

One of the smallest hedge funds

The two most similar investment funds to Fort, L.P. are Essex Private Wealth Management and Portland Hill Asset Management Ltd. They manage $39 billion and $39.4 billion respectively.


Yves Balcer investment strategy

Fort, L.P.’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 25.0% of the total portfolio value. The fund focuses on investments in the United States as 67.2% 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 63% of the total holdings value. On the other hand, small-cap stocks make up only 0.7% of the portfolio. The average market cap of the portfolio companies is close to $130 billion.

The complete list of Fort, L.P. trades based on 13F SEC filings

These positions were updated on August 13th 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
Microsoft Corporation
20.82%
2,331
$1,041,840,000 2.67%
Apple Inc
18.40%
4,835
$1,018,348,000 2.61%
Alphabet Inc
23.52%
4,490
$817,854,000 2.09%
Meta Platforms Inc
41.26%
1,217
$613,636,000 1.57%
Walmart Inc
150.00%
5,920
$400,843,000 1.03%
Qualcomm, Inc.
0.26%
1,948
$388,003,000 0.99%
Applied Matls Inc
6.83%
1,595
$376,404,000 0.96%
KLA Corp.
7.42%
449
$370,205,000 0.95%
Lam Research Corp.
Opened
343
$365,244,000 0.93%
Netapp Inc
26.86%
2,693
$346,858,000 0.89%
Godaddy Inc
20.77%
2,480
$346,481,000 0.89%
Deckers Outdoor Corp.
Opened
357
$345,558,000 0.88%
Emcor Group, Inc.
37.56%
946
$345,366,000 0.88%
Exxon Mobil Corp.
12.61%
2,960
$340,755,000 0.87%
GE Aerospace
Opened
2,136
$339,560,000 0.87%
Procter And Gamble Co
12.36%
2,042
$336,767,000 0.86%
Vmware Inc.
Closed
2,022
$336,623,000
Amphenol Corp.
52.29%
4,980
$335,503,000 0.86%
Broadcom Inc
46.23%
207
$332,345,000 0.85%
Commvault Sys Inc
11.89%
2,698
$327,996,000 0.84%
Abbvie Inc
10.65%
1,904
$326,574,000 0.84%
Fair Isaac Corp.
41.29%
219
$326,017,000 0.83%
Merck & Co Inc
12.88%
2,597
$321,509,000 0.82%
Home Depot, Inc.
Opened
913
$314,291,000 0.80%
Garmin Ltd
7.31%
1,915
$311,992,000 0.80%
Coca-Cola Co
6.47%
4,883
$310,803,000 0.80%
Booking Holdings Inc
24.27%
78
$308,997,000 0.79%
AT&T Inc.
0.88%
16,078
$307,251,000 0.79%
AMGEN Inc.
Closed
1,143
$307,193,000
Activision Blizzard Inc
Closed
3,263
$305,515,000
Analog Devices Inc.
2.90%
1,337
$305,184,000 0.78%
Regeneron Pharmaceuticals, Inc.
17.24%
288
$302,697,000 0.77%
Hilton Worldwide Holdings Inc
Opened
1,386
$302,425,000 0.77%
Cintas Corporation
22.76%
431
$301,812,000 0.77%
Johnson & Johnson
6.75%
2,059
$300,943,000 0.77%
Tjx Cos Inc New
Opened
2,729
$300,463,000 0.77%
Nxp Semiconductors N V
Opened
1,116
$300,304,000 0.77%
Linde Plc.
19.46%
683
$299,707,000 0.77%
Mckesson Corporation
24.34%
513
$299,613,000 0.77%
Adobe Inc
30.54%
539
$299,436,000 0.77%
Motorola Solutions Inc
18.76%
775
$299,189,000 0.77%
Colgate-Palmolive Co.
11.94%
3,062
$297,136,000 0.76%
Hubbell Inc.
Closed
940
$294,605,000
International Business Machs
19.44%
1,678
$290,210,000 0.74%
Rambus Inc.
Closed
5,162
$287,988,000
Mcdonalds Corp
Closed
1,090
$287,150,000
Honeywell International Inc
6.03%
1,340
$286,144,000 0.73%
Eli Lilly & Co
64.17%
316
$286,100,000 0.73%
Philip Morris International Inc
5.50%
2,819
$285,649,000 0.73%
General Dynamics Corp.
14.93%
980
$284,337,000 0.73%
Ferrari N.V.
30.43%
695
$283,817,000 0.73%
Logitech Intl S A
30.36%
2,927
$283,568,000 0.73%
Unitedhealth Group Inc
Closed
561
$282,851,000
Trane Technologies plc
Closed
1,387
$281,436,000
Salesforce Inc
Opened
1,094
$281,267,000 0.72%
Oracle Corp.
23.09%
1,989
$280,847,000 0.72%
NVR Inc.
Closed
47
$280,275,000
Teradata Corp
Closed
6,217
$279,889,000
RTX Corp
Opened
2,785
$279,586,000 0.72%
Acuity Brands, Inc.
Opened
1,157
$279,346,000 0.71%
EBay Inc.
Opened
5,166
$277,518,000 0.71%
HP Inc
3.50%
7,910
$277,008,000 0.71%
Chevron Corp.
12.51%
1,769
$276,707,000 0.71%
Marriott Intl Inc New
Opened
1,142
$276,101,000 0.71%
Allison Transmission Hldgs I
30.23%
3,633
$275,745,000 0.71%
Ross Stores, Inc.
Opened
1,894
$275,236,000 0.70%
Rollins, Inc.
10.09%
5,624
$274,395,000 0.70%
Pepsico Inc
4.48%
1,662
$274,114,000 0.70%
Juniper Networks Inc
Opened
7,509
$273,778,000 0.70%
Abbott Labs
7.14%
2,616
$271,829,000 0.70%
Insight Enterprises Inc.
Opened
1,366
$270,960,000 0.69%
Texas Instrs Inc
Closed
1,701
$270,476,000
Costco Whsl Corp New
Opened
318
$270,297,000 0.69%
Lockheed Martin Corp.
4.78%
578
$269,984,000 0.69%
Emerson Elec Co
16.55%
2,450
$269,892,000 0.69%
Verisk Analytics Inc
22.07%
996
$268,472,000 0.69%
Altria Group Inc.
0.41%
5,890
$268,290,000 0.69%
Manhattan Associates, Inc.
Opened
1,085
$267,648,000 0.68%
TE Connectivity Ltd
0.73%
1,779
$267,615,000 0.68%
Check Point Software Tech Lt
18.27%
1,606
$264,990,000 0.68%
Accenture Plc Ireland
16.46%
873
$264,877,000 0.68%
Kimberly-Clark Corp.
3.29%
1,908
$263,686,000 0.67%
Coca-cola Europacific Partne
17.01%
3,615
$263,425,000 0.67%
nVent Electric plc
Closed
4,950
$262,301,000
Cisco Sys Inc
10.75%
5,495
$261,067,000 0.67%
Otis Worldwide Corporation
13.69%
2,710
$260,865,000 0.67%
DuPont de Nemours Inc
Opened
3,199
$257,488,000 0.66%
United Parcel Service, Inc.
Closed
1,646
$256,562,000
Humana Inc.
Closed
524
$254,936,000
Electronic Arts, Inc.
Opened
1,826
$254,417,000 0.65%
Caterpillar Inc.
Opened
762
$253,822,000 0.65%
Pfizer Inc.
Closed
7,612
$252,490,000
Ferguson Plc New
Opened
1,301
$251,939,000 0.64%
Masco Corp.
17.01%
3,771
$251,413,000 0.64%
Medtronic Plc
4.04%
3,179
$250,219,000 0.64%
Block H & R Inc
Opened
4,611
$250,055,000 0.64%
Omnicom Group, Inc.
7.45%
2,783
$249,635,000 0.64%
Church & Dwight Co., Inc.
12.20%
2,403
$249,143,000 0.64%
Smith A O Corp
Opened
3,003
$245,585,000 0.63%
Expeditors Intl Wash Inc
6.02%
1,967
$245,462,000 0.63%
Kellanova Co
13.48%
4,218
$243,294,000 0.62%
Gartner, Inc.
15.47%
541
$242,941,000 0.62%
Yum Brands Inc.
7.61%
1,833
$242,799,000 0.62%
Elevance Health Inc
Opened
448
$242,753,000 0.62%
Teradyne, Inc.
Closed
2,414
$242,510,000
Ametek Inc
18.27%
1,454
$242,396,000 0.62%
CVS Health Corp
Closed
3,462
$241,717,000
Fox Corporation
Closed
7,715
$240,708,000
Illinois Tool Wks Inc
12.46%
1,012
$239,804,000 0.61%
CDW Corp
Opened
1,067
$238,837,000 0.61%
Baker Hughes Company
Opened
6,782
$238,523,000 0.61%
Gentex Corp.
Opened
7,062
$238,060,000 0.61%
Valvoline Inc
Opened
5,510
$238,032,000 0.61%
Lyondellbasell Industries N
12.40%
2,486
$237,811,000 0.61%
Cardinal Health, Inc.
22.37%
2,408
$236,755,000 0.61%
Mondelez International Inc.
8.30%
3,615
$236,566,000 0.61%
Hologic, Inc.
2.21%
3,185
$236,486,000 0.61%
Landstar Sys Inc
0.08%
1,276
$235,396,000 0.60%
Gilead Sciences, Inc.
1.13%
3,420
$234,646,000 0.60%
Biogen Inc
Closed
911
$234,136,000
Autoliv Inc.
Opened
2,186
$233,880,000 0.60%
Jabil Inc
Closed
1,841
$233,604,000
Cognizant Technology Solutio
15.60%
3,430
$233,240,000 0.60%
F5 Inc
Opened
1,348
$232,166,000 0.59%
Incyte Corp.
7.46%
3,817
$231,387,000 0.59%
Microchip Technology, Inc.
Opened
2,528
$231,312,000 0.59%
Paychex Inc.
10.87%
1,951
$231,311,000 0.59%
Qiagen NV
Opened
5,583
$229,405,000 0.59%
Graco Inc.
15.70%
2,889
$229,040,000 0.59%
Grand Canyon Ed Inc
27.46%
1,635
$228,753,000 0.59%
Snap-on, Inc.
13.06%
872
$227,932,000 0.58%
Chemed Corp.
12.32%
420
$227,884,000 0.58%
General Mls Inc
10.41%
3,595
$227,420,000 0.58%
Vertex Pharmaceuticals, Inc.
41.71%
485
$227,329,000 0.58%
AECOM
Closed
2,736
$227,197,000
Clorox Co.
Opened
1,661
$226,677,000 0.58%
Keysight Technologies Inc
3.31%
1,656
$226,458,000 0.58%
Autozone Inc.
20.83%
76
$225,272,000 0.58%
Oreilly Automotive Inc
28.04%
213
$224,941,000 0.58%
Rockwell Automation Inc
Opened
817
$224,904,000 0.58%
Dolby Laboratories Inc
10.39%
2,830
$224,221,000 0.57%
Kraft Heinz Co
0.90%
6,945
$223,768,000 0.57%
Agilent Technologies Inc.
Opened
1,725
$223,612,000 0.57%
L3Harris Technologies Inc
Closed
1,283
$223,396,000
Monster Beverage Corp.
9.04%
4,445
$222,028,000 0.57%
Robert Half Inc
Closed
2,996
$219,547,000
Qiagen NV
Closed
5,420
$219,510,000
Comcast Corp New
Opened
5,551
$217,377,000 0.56%
Zimmer Biomet Holdings Inc
0.45%
2,001
$217,169,000 0.56%
Seagate Technology Hldngs Pl
44.07%
2,090
$215,834,000 0.55%
Cadence Design System Inc
27.81%
701
$215,733,000 0.55%
Amdocs Ltd
0.80%
2,723
$214,899,000 0.55%
United Therapeutics Corp
Closed
948
$214,125,000
Dow Inc
Closed
4,143
$213,613,000
Verisign Inc.
1.48%
1,201
$213,538,000 0.55%
Mueller Inds Inc
12.30%
3,742
$213,069,000 0.55%
Insperity Inc
Closed
2,172
$211,987,000
ITT Inc
Opened
1,641
$211,984,000 0.54%
Gates Indl Corp Plc
Opened
13,201
$208,708,000 0.53%
MPLX LP
29.15%
4,880
$207,839,000 0.53%
Bristol-Myers Squibb Co.
19.47%
5,000
$207,650,000 0.53%
Vishay Intertechnology, Inc.
Closed
8,308
$205,374,000
Marathon Pete Corp
Closed
1,349
$204,158,000
TEGNA Inc
Closed
13,992
$203,863,000
TD Synnex Corp
Opened
1,764
$203,566,000 0.52%
Olin Corp.
Closed
4,047
$202,269,000
Eaton Corp Plc
Opened
644
$201,926,000 0.52%
Genpact Limited
6.47%
6,266
$201,703,000 0.52%
Sirius XM Holdings Inc
Closed
23,741
$107,309,000
No transactions found
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