Gam Ag 13F annual report
Gam Ag is an investment fund managing more than $1.3 trillion ran by David Kemp. There are currently 158 companies in Mr. Kemp’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $153 billion.
$1.3 trillion Assets Under Management (AUM)
As of 19th July 2024, Gam Ag’s top holding is 186,001 shares of Microsoft currently worth over $83.1 billion and making up 6.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Gam Ag owns more than approximately 0.1% of the company.
In addition, the fund holds 561,902 shares of NVIDIA Corp worth $69.4 billion, whose value fell 79.8% in the past six months.
The third-largest holding is Alphabet Inc worth $71.2 billion and the next is Linde Plc worth $68.2 billion, with 155,353 shares owned.
Currently, Gam Ag's portfolio is worth at least $1.3 trillion. 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 Gam Ag
The Gam Ag office and employees reside in Zurich, Switzerland. According to the last 13-F report filed with the SEC, David Kemp serves as the Group Head Legal & Compliance at Gam Ag.
Recent trades
In the most recent 13F filing, Gam Ag revealed that it had opened a new position in
Costco Whsl Corp New and bought 14,908 shares worth $12.7 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
503,435 additional shares.
This makes their stake in NVIDIA Corp total 561,902 shares worth $69.4 billion.
NVIDIA Corp dropped 72.8% in the past year.
On the other hand, there are companies that Gam Ag is getting rid of from its portfolio.
Gam Ag closed its position in Tjx Cos Inc New on 26th July 2024.
It sold the previously owned 324,084 shares for $28.8 billion.
David Kemp also disclosed a decreased stake in Microsoft by 0.1%.
This leaves the value of the investment at $83.1 billion and 186,001 shares.
One of the largest hedge funds
The two most similar investment funds to Gam Ag are Cidel Asset Management Inc and Fernbridge Capital Management L.P.. They manage $1.3 trillion and $1.3 trillion respectively.
David Kemp investment strategy
Gam Ag’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 35.9% of
the total portfolio value.
The fund focuses on investments in the United States as
57.6% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $133 billion.
The complete list of Gam Ag trades based on 13F SEC filings
These positions were updated on July 26th 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 |
13.51%
186,001
|
$83,132,977,000 | 6.38% |
| NVIDIA Corp |
861.06%
561,902
|
$69,417,329,000 | 5.33% |
| Alphabet Inc |
14.25%
390,847
|
$71,208,730,000 | 5.46% |
| Linde Plc. |
1.88%
155,353
|
$68,170,647,000 | 5.23% |
| Meta Platforms Inc |
5.75%
89,288
|
$45,020,810,000 | 3.45% |
| Amazon.com Inc. |
38.39%
205,139
|
$39,643,174,000 | 3.04% |
| Apple Inc |
74.51%
162,234
|
$34,169,799,000 | 2.62% |
| Oracle Corp. |
13.13%
209,883
|
$29,635,502,000 | 2.27% |
| Tjx Cos Inc New |
Closed
324,084
|
$28,804,603,000 | |
| Deckers Outdoor Corp. |
Closed
54,536
|
$28,036,253,000 | |
| Intuitive Surgical Inc |
14.95%
49,602
|
$22,065,632,000 | 1.69% |
| Visa Inc |
35.98%
83,962
|
$22,037,391,000 | 1.69% |
| Netflix Inc. |
36.44%
26,451
|
$17,851,440,000 | 1.37% |
| Eli Lilly & Co |
35.80%
19,301
|
$17,474,912,000 | 1.34% |
| Exxon Mobil Corp. |
4.70%
149,949
|
$17,262,075,000 | 1.32% |
| Taiwan Semiconductor Mfg Ltd |
101.73%
99,282
|
$17,256,204,000 | 1.32% |
| Hilton Worldwide Holdings Inc |
62.45%
76,223
|
$16,631,849,000 | 1.28% |
| Adobe Inc |
42.60%
27,936
|
$15,519,365,000 | 1.19% |
| Microstrategy Inc. |
Closed
45,724
|
$15,010,275,000 | |
| JPMorgan Chase & Co. |
6.53%
73,814
|
$14,929,660,000 | 1.15% |
| Marriott Intl Inc New |
64.26%
61,356
|
$14,834,004,000 | 1.14% |
| Unitedhealth Group Inc |
8.78%
27,238
|
$13,871,168,000 | 1.06% |
| Fiserv, Inc. |
0.34%
89,549
|
$13,346,386,000 | 1.02% |
| Vanguard Index Fds |
32.65%
26,340
|
$13,173,424,000 | 1.01% |
| Brown-Forman Corporation |
Closed
225,439
|
$13,005,584,000 | |
| Disney Walt Co |
1.83%
128,976
|
$12,805,982,000 | 0.98% |
| Conocophillips |
5.88%
110,821
|
$12,675,698,000 | 0.97% |
| Costco Whsl Corp New |
Opened
14,908
|
$12,671,260,000 | 0.97% |
| Markel Group Inc |
0.19%
8,026
|
$12,646,736,000 | 0.97% |
| Merck & Co Inc |
28.75%
101,403
|
$12,553,709,000 | 0.96% |
| Fastly Inc |
Closed
648,140
|
$12,424,844,000 | |
| On Hldg Ag |
Opened
308,700
|
$11,977,560,000 | 0.92% |
| Microchip Technology, Inc. |
2.29%
130,726
|
$11,961,413,000 | 0.92% |
| Vmware Inc. |
Closed
71,199
|
$11,853,245,000 | |
| Ralph Lauren Corp |
Opened
67,400
|
$11,799,044,000 | 0.91% |
| Splunk Inc |
Closed
79,914
|
$11,687,442,000 | |
| Micron Technology Inc. |
332.13%
86,249
|
$11,344,370,000 | 0.87% |
| Hyatt Hotels Corporation |
Opened
73,801
|
$11,211,860,000 | 0.86% |
| Cloudflare Inc |
Closed
173,916
|
$10,963,678,000 | |
| Uber Technologies Inc |
47.66%
149,538
|
$10,868,458,000 | 0.83% |
| Booking Holdings Inc |
4.27%
2,648
|
$10,489,299,000 | 0.80% |
| Broadcom Inc |
45.29%
6,445
|
$10,348,363,000 | 0.79% |
| Mastercard Incorporated |
11.75%
23,336
|
$10,294,817,000 | 0.79% |
| Intuit Inc |
163.66%
15,440
|
$10,147,092,000 | 0.78% |
| Eog Res Inc |
5.46%
80,085
|
$10,080,270,000 | 0.77% |
| Schwab Charles Corp |
8.38%
136,711
|
$10,074,219,000 | 0.77% |
| Bristol-Myers Squibb Co. |
117.54%
240,276
|
$9,978,668,000 | 0.77% |
| TE Connectivity Ltd |
0.29%
65,072
|
$9,788,831,000 | 0.75% |
| ServiceNow Inc |
44.93%
12,393
|
$9,749,099,000 | 0.75% |
| Infosys Ltd |
9.86%
517,508
|
$9,635,999,000 | 0.74% |
| Nxp Semiconductors N V |
14.09%
35,686
|
$9,602,770,000 | 0.74% |
| Ermenegildo Zegna N V |
Opened
806,500
|
$9,548,960,000 | 0.73% |
| Public Storage Oper Co |
10.58%
32,939
|
$9,474,831,000 | 0.73% |
| Seagate Technology Hldngs Pl |
53.24%
91,721
|
$9,471,999,000 | 0.73% |
| Vail Resorts Inc. |
Closed
41,428
|
$9,192,472,000 | |
| Cisco Sys Inc |
3.97%
191,415
|
$9,094,134,000 | 0.70% |
| Keurig Dr Pepper Inc |
Opened
269,421
|
$8,998,655,000 | 0.69% |
| Electronic Arts, Inc. |
1.18%
63,622
|
$8,864,457,000 | 0.68% |
| United Parcel Service, Inc. |
Opened
63,379
|
$8,673,454,000 | 0.67% |
| Aflac Inc. |
4.05%
97,019
|
$8,664,766,000 | 0.66% |
| Medtronic Plc |
2.83%
108,890
|
$8,570,711,000 | 0.66% |
| Elevance Health Inc |
0.75%
15,620
|
$8,463,599,000 | 0.65% |
| Altria Group Inc. |
Closed
201,248
|
$8,462,474,000 | |
| OneSpaWorld Holdings Limited |
Opened
540,500
|
$8,307,485,000 | 0.64% |
| Johnson & Johnson |
36.46%
56,191
|
$8,212,909,000 | 0.63% |
| Sharkninja Inc |
Opened
108,840
|
$8,179,326,000 | 0.63% |
| Workday Inc |
Closed
37,945
|
$8,152,571,000 | |
| Dell Technologies Inc |
83.63%
58,735
|
$8,100,177,000 | 0.62% |
| Huntington Bancshares, Inc. |
3.43%
576,970
|
$7,604,459,000 | 0.58% |
| KLA Corp. |
30.74%
9,218
|
$7,600,506,000 | 0.58% |
| Trip.com Group Ltd |
32.65%
150,421
|
$7,069,787,000 | 0.54% |
| Applied Matls Inc |
16.66%
29,599
|
$6,985,004,000 | 0.54% |
| Snowflake Inc. |
Opened
51,655
|
$6,978,093,000 | 0.54% |
| Haleon Plc |
5.50%
842,393
|
$6,958,166,000 | 0.53% |
| Mosaic Co New |
Closed
193,873
|
$6,901,869,000 | |
| Pure Storage Inc |
Closed
183,700
|
$6,543,394,000 | |
| Nike, Inc. |
67.04%
86,679
|
$6,532,979,000 | 0.50% |
| Full Truck Alliance Co. Ltd. |
25.06%
780,793
|
$6,277,576,000 | 0.48% |
| Accenture Plc Ireland |
Closed
20,019
|
$6,147,903,000 | |
| Booz Allen Hamilton Hldg Cor |
33.60%
39,294
|
$6,047,359,000 | 0.46% |
| Regions Financial Corp. |
Closed
343,858
|
$5,914,352,000 | |
| Centene Corp. |
1.89%
88,685
|
$5,879,796,000 | 0.45% |
| Cadence Design System Inc |
45.22%
18,441
|
$5,675,365,000 | 0.44% |
| Analog Devices Inc. |
42.88%
24,842
|
$5,670,382,000 | 0.44% |
| MongoDB Inc |
Closed
16,339
|
$5,650,955,000 | |
| Dexcom Inc |
41.43%
49,791
|
$5,645,320,000 | 0.43% |
| PayPal Holdings Inc |
26.82%
94,934
|
$5,509,005,000 | 0.42% |
| Us Bancorp Del |
4.01%
128,539
|
$5,103,011,000 | 0.39% |
| Expedia Group Inc |
16.54%
40,284
|
$5,075,395,000 | 0.39% |
| Thermo Fisher Scientific Inc. |
37.54%
9,148
|
$5,058,883,000 | 0.39% |
| PTC Inc |
76.10%
27,414
|
$4,980,272,000 | 0.38% |
| Gilead Sciences, Inc. |
3.58%
71,090
|
$4,877,458,000 | 0.37% |
| Abbott Labs |
Closed
48,884
|
$4,734,384,000 | |
| Caterpillar Inc. |
Opened
13,958
|
$4,649,360,000 | 0.36% |
| Verisk Analytics Inc |
16.77%
17,172
|
$4,628,818,000 | 0.36% |
| Airbnb, Inc. |
68.92%
30,321
|
$4,597,497,000 | 0.35% |
| Fedex Corp |
Closed
16,879
|
$4,471,656,000 | |
| Nasdaq Inc |
19.02%
73,424
|
$4,424,504,000 | 0.34% |
| iQIYI Inc |
Closed
889,442
|
$4,215,954,000 | |
| Vertex Pharmaceuticals, Inc. |
21.61%
8,910
|
$4,176,356,000 | 0.32% |
| Alibaba Group Hldg Ltd |
Closed
48,133
|
$4,175,056,000 | |
| Progressive Corp. |
20.81%
20,074
|
$4,169,552,000 | 0.32% |
| Toll Brothers Inc. |
Opened
35,220
|
$4,056,640,000 | 0.31% |
| Lam Research Corp. |
20.40%
3,804
|
$4,050,807,000 | 0.31% |
| Coca-Cola Co |
11.82%
62,878
|
$4,002,201,000 | 0.31% |
| Signet Jewelers Limited |
Opened
44,600
|
$3,995,268,000 | 0.31% |
| Marvell Technology Inc |
50.69%
55,959
|
$3,911,503,000 | 0.30% |
| Miniso Group Hldg Ltd |
Closed
151,006
|
$3,911,043,000 | |
| Ametek Inc |
Opened
23,289
|
$3,882,591,000 | 0.30% |
| Citigroup Inc |
Closed
93,331
|
$3,838,710,000 | |
| Vipshop Hldgs Ltd |
Closed
228,020
|
$3,650,597,000 | |
| Newmont Corp |
Closed
94,778
|
$3,502,042,000 | |
| Stryker Corp. |
Opened
10,073
|
$3,427,386,000 | 0.26% |
| Warner Bros.Discovery Inc |
4.87%
456,248
|
$3,394,485,000 | 0.26% |
| Danaher Corp. |
19.87%
13,396
|
$3,346,921,000 | 0.26% |
| AMGEN Inc. |
Closed
12,280
|
$3,300,381,000 | |
| Gallagher Arthur J & Co |
15.81%
12,720
|
$3,298,462,000 | 0.25% |
| Arm Holdings Plc |
Opened
20,098
|
$3,288,435,000 | 0.25% |
| Eaton Corp Plc |
Opened
10,458
|
$3,278,949,000 | 0.25% |
| Lauder Estee Cos Inc |
72.90%
30,808
|
$3,277,921,000 | 0.25% |
| Motorola Solutions Inc |
Opened
8,389
|
$3,238,558,000 | 0.25% |
| Roper Technologies Inc |
13.11%
5,572
|
$3,140,460,000 | 0.24% |
| Synopsys, Inc. |
14.10%
5,202
|
$3,095,276,000 | 0.24% |
| Dr Reddys Labs Ltd |
Closed
46,000
|
$3,076,020,000 | |
| Honeywell International Inc |
58.61%
14,171
|
$3,026,180,000 | 0.23% |
| Texas Instrs Inc |
16.46%
15,518
|
$3,018,641,000 | 0.23% |
| Home Depot, Inc. |
55.25%
8,667
|
$2,983,370,000 | 0.23% |
| Regeneron Pharmaceuticals, Inc. |
17.16%
2,587
|
$2,718,552,000 | 0.21% |
| Republic Svcs Inc |
0.20%
13,245
|
$2,574,078,000 | 0.20% |
| Whirlpool Corp. |
Closed
19,244
|
$2,572,982,000 | |
| Qualcomm, Inc. |
Closed
22,662
|
$2,516,871,000 | |
| Rockwell Automation Inc |
21.99%
9,108
|
$2,507,173,000 | 0.19% |
| HDFC Bank Ltd. |
69.05%
38,000
|
$2,444,540,000 | 0.19% |
| Gartner, Inc. |
Opened
5,400
|
$2,424,857,000 | 0.19% |
| S&P Global Inc |
14.90%
5,409
|
$2,412,236,000 | 0.19% |
| Idexx Labs Inc |
18.53%
4,893
|
$2,383,855,000 | 0.18% |
| Carrier Global Corporation |
Closed
42,790
|
$2,362,004,000 | |
| Amphenol Corp. |
88.63%
34,715
|
$2,338,720,000 | 0.18% |
| Wipro Ltd. |
Opened
380,000
|
$2,318,000,000 | 0.18% |
| Union Pac Corp |
12.17%
10,217
|
$2,311,807,000 | 0.18% |
| Icici Bank Limited |
2.08%
80,000
|
$2,304,800,000 | 0.18% |
| Henry Jack & Assoc Inc |
Closed
14,788
|
$2,235,046,000 | |
| Omnicell Com |
54.83%
82,343
|
$2,229,025,000 | 0.17% |
| Autohome Inc |
128.55%
80,000
|
$2,196,000,000 | 0.17% |
| Kanzhun Limited |
Opened
115,000
|
$2,163,150,000 | 0.17% |
| Simon Ppty Group Inc New |
Closed
20,009
|
$2,161,528,000 | |
| Pfizer Inc. |
Closed
63,833
|
$2,117,350,000 | |
| Waste Mgmt Inc Del |
Closed
13,783
|
$2,101,033,000 | |
| Wix.com Ltd |
Opened
12,991
|
$2,066,478,000 | 0.16% |
| Edwards Lifesciences Corp |
19.82%
21,505
|
$1,986,443,000 | 0.15% |
| BP plc |
2.12%
54,939
|
$1,983,298,000 | 0.15% |
| ON Semiconductor Corp. |
Closed
20,465
|
$1,902,253,000 | |
| Icon Plc |
4.05%
5,970
|
$1,871,416,000 | 0.14% |
| BWX Technologies Inc |
0.33%
19,241
|
$1,827,895,000 | 0.14% |
| Crowdstrike Holdings Inc |
92.58%
4,636
|
$1,776,637,000 | 0.14% |
| Boston Scientific Corp. |
36.53%
22,722
|
$1,749,814,000 | 0.13% |
| Keysight Technologies Inc |
Closed
12,499
|
$1,653,702,000 | |
| Ingersoll Rand Inc. |
Opened
17,727
|
$1,610,283,000 | 0.12% |
| Renew Energy Global Plc |
Opened
250,000
|
$1,560,000,000 | 0.12% |
| Copart, Inc. |
Opened
26,926
|
$1,458,288,000 | 0.11% |
| Celestica, Inc. |
Opened
25,083
|
$1,438,008,000 | 0.11% |
| BorgWarner Inc |
Closed
35,066
|
$1,415,621,000 | |
| Air Prods & Chems Inc |
Closed
4,845
|
$1,373,033,000 | |
| Cigna Group (The) |
Closed
4,781
|
$1,367,638,000 | |
| Vanguard Intl Equity Index F |
41.95%
31,000
|
$1,356,560,000 | 0.10% |
| Deere & Co. |
Opened
3,625
|
$1,354,521,000 | 0.10% |
| IQVIA Holdings Inc |
0.41%
6,391
|
$1,351,381,000 | 0.10% |
| Fortinet Inc |
40.41%
21,356
|
$1,287,150,000 | 0.10% |
| Horizon Therapeutics Pub L |
Closed
11,056
|
$1,279,036,000 | |
| Sysco Corp. |
40.03%
17,781
|
$1,269,373,000 | 0.10% |
| Tencent Music Entmt Group |
Opened
88,000
|
$1,236,400,000 | 0.09% |
| Activision Blizzard Inc |
Closed
12,071
|
$1,130,175,000 | |
| Match Group Inc. |
Closed
27,883
|
$1,092,329,000 | |
| National Instrs Corp |
Closed
18,000
|
$1,073,160,000 | |
| JOYY Inc |
Closed
28,003
|
$1,067,179,000 | |
| Lululemon Athletica inc. |
94.63%
3,430
|
$1,024,460,000 | 0.08% |
| Hormel Foods Corp. |
Closed
26,026
|
$989,765,000 | |
| Darden Restaurants, Inc. |
Opened
6,533
|
$988,549,000 | 0.08% |
| Starbucks Corp. |
Closed
10,800
|
$985,727,000 | |
| Pnm Res Inc |
Closed
20,400
|
$910,044,000 | |
| Corteva Inc |
69.67%
15,809
|
$852,716,000 | 0.07% |
| FMC Corp. |
Closed
12,382
|
$829,242,000 | |
| Liberty Broadband Corp |
Opened
15,000
|
$822,300,000 | 0.06% |
| Fair Isaac Corp. |
Opened
551
|
$819,641,000 | 0.06% |
| Aptiv PLC |
Opened
11,292
|
$795,216,000 | 0.06% |
| Denbury Inc. |
Closed
7,250
|
$710,573,000 | |
| Cf Inds Hldgs Inc |
61.60%
9,495
|
$703,803,000 | 0.05% |
| Live Nation Entertainment In |
Opened
7,118
|
$667,224,000 | 0.05% |
| West Pharmaceutical Svsc Inc |
Opened
1,886
|
$621,144,000 | 0.05% |
| Moderna Inc |
9.36%
5,172
|
$614,143,000 | 0.05% |
| Capri Holdings Limited |
81.82%
18,000
|
$595,440,000 | 0.05% |
| Darling Ingredients Inc |
0.36%
15,480
|
$568,890,000 | 0.04% |
| Futu Hldgs Ltd |
Opened
8,001
|
$524,927,000 | 0.04% |
| Circor International Inc |
Closed
8,300
|
$462,725,000 | |
| Maravai Lifesciences Hldgs I |
Closed
42,198
|
$421,980,000 | |
| Sphere Entertainment Co |
Opened
12,000
|
$420,720,000 | 0.03% |
| Seagen Inc |
Closed
1,934
|
$410,235,000 | |
| Hostess Brands, Inc. |
Closed
11,400
|
$379,734,000 | |
| Sovos Brands Inc |
Closed
16,800
|
$378,840,000 | |
| Southwestern Energy Company |
Opened
50,000
|
$336,500,000 | 0.03% |
| Canada Goose Holdings Inc |
Opened
25,000
|
$323,250,000 | 0.02% |
| Yum China Holdings Inc |
Closed
5,344
|
$297,783,000 | |
| Albertsons Cos Inc |
69.25%
15,008
|
$296,412,000 | 0.02% |
| Amedisys Inc. |
34.07%
3,000
|
$275,400,000 | 0.02% |
| Tabula Rasa HealthCare Inc |
Closed
26,300
|
$271,153,000 | |
| Earthstone Energy Inc |
Closed
13,300
|
$269,192,000 | |
| Axonics Inc |
Opened
4,000
|
$268,920,000 | 0.02% |
| Discover Finl Svcs |
Opened
2,006
|
$262,400,000 | 0.02% |
| Screaming Eagle Acquisitn Co |
Closed
23,900
|
$249,994,000 | |
| Gores Holdings Ix Inc |
Closed
24,000
|
$249,360,000 | |
| Catalent Inc. |
Opened
4,004
|
$225,162,000 | 0.02% |
| Banco Bradesco S.A. |
Opened
100,000
|
$224,000,000 | 0.02% |
| Coinbase Global Inc |
99.45%
1,004
|
$223,210,000 | 0.02% |
| Argo Group Intl Hldgs Ltd |
Closed
7,000
|
$208,880,000 | |
| Cerevel Therapeutics Hldng I |
Opened
5,000
|
$204,450,000 | 0.02% |
| Northern Dynasty Minerals Lt |
Opened
500,000
|
$155,250,000 | 0.01% |
| Computer Task Group, Inc. |
Closed
15,000
|
$154,950,000 | |
| Cadiz Inc. |
Opened
50,000
|
$154,500,000 | 0.01% |
| Hersha Hospitality Tr |
Closed
15,500
|
$152,830,000 | |
| Greenhill & Co Inc |
Closed
10,040
|
$148,592,000 | |
| No transactions found | |||
| Showing first 500 out of 220 holdings | |||
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