Peak Asset Management 13F annual report
Peak Asset Management is an investment fund managing more than $503 billion ran by John Mccorvie. There are currently 121 companies in Mr. Mccorvie’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $56.6 billion.
$503 billion Assets Under Management (AUM)
As of 5th August 2024, Peak Asset Management’s top holding is 66,548 shares of Microsoft currently worth over $29.7 billion and making up 5.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Peak Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 127,331 shares of Apple Inc worth $26.8 billion, whose value grew 15.5% in the past six months.
The third-largest holding is Alphabet Inc worth $22.4 billion and the next is S&P Global Inc worth $18.9 billion, with 42,485 shares owned.
Currently, Peak Asset Management's portfolio is worth at least $503 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 Peak Asset Management
The Peak Asset Management office and employees reside in Louisville, Colorado. According to the last 13-F report filed with the SEC, John Mccorvie serves as the Partner at Peak Asset Management.
Recent trades
In the most recent 13F filing, Peak Asset Management revealed that it had opened a new position in
Jpmorgan Chase Finl Co Llc and bought 26,289 shares worth $761 million.
The investment fund also strengthened its position in Apple Inc by buying
85 additional shares.
This makes their stake in Apple Inc total 127,331 shares worth $26.8 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Peak Asset Management is getting rid of from its portfolio.
Peak Asset Management closed its position in V F Corp on 12th August 2024.
It sold the previously owned 382,687 shares for $5.87 billion.
John Mccorvie also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $29.7 billion and 66,548 shares.
One of the average hedge funds
The two most similar investment funds to Peak Asset Management are Bracebridge Capital and Advisory Research Inc. They manage $502 billion and $503 billion respectively.
John Mccorvie investment strategy
Peak Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 17.8% of
the total portfolio value.
The fund focuses on investments in the United States as
53.7% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $207 billion.
The complete list of Peak Asset Management trades based on 13F SEC filings
These positions were updated on August 12th 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 |
2.16%
66,548
|
$29,743,406,000 | 5.92% |
| Apple Inc |
0.07%
127,331
|
$26,818,534,000 | 5.34% |
| Alphabet Inc |
1.70%
122,958
|
$22,408,698,000 | 4.46% |
| S&P Global Inc |
0.40%
42,485
|
$18,948,310,000 | 3.77% |
| JPMorgan Chase & Co. |
1.10%
91,364
|
$18,479,283,000 | 3.68% |
| Stryker Corp. |
0.02%
52,313
|
$17,799,378,000 | 3.54% |
| Oracle Corp. |
0.35%
125,962
|
$17,785,764,000 | 3.54% |
| Visa Inc |
0.28%
59,603
|
$15,643,915,000 | 3.11% |
| Spdr Ser Tr |
1.59%
192,552
|
$19,315,762,000 | 3.84% |
| Invesco Exchange Traded Fd T |
0.47%
233,986
|
$26,279,465,000 | 5.23% |
| Vanguard Scottsdale Fds |
15.38%
430,643
|
$24,915,903,000 | 4.96% |
| Paccar Inc. |
0.05%
137,757
|
$14,180,681,000 | 2.82% |
| RTX Corp |
0.25%
136,333
|
$13,686,470,000 | 2.72% |
| Emerson Elec Co |
0.14%
118,631
|
$13,068,371,000 | 2.60% |
| Becton Dickinson & Co. |
2.54%
48,918
|
$11,432,626,000 | 2.27% |
| Cisco Sys Inc |
3.05%
239,269
|
$11,367,671,000 | 2.26% |
| Booking Holdings Inc |
0.53%
2,839
|
$11,246,699,000 | 2.24% |
| Disney Walt Co |
0.54%
110,336
|
$10,955,266,000 | 2.18% |
| American Centy Etf Tr |
11.16%
259,942
|
$18,911,837,000 | 3.76% |
| Spdr S&p 500 Etf Tr |
1.45%
15,417
|
$8,390,240,000 | 1.67% |
| Fortinet Inc |
12.79%
126,488
|
$7,623,432,000 | 1.52% |
| Conocophillips |
3.39%
65,726
|
$7,517,740,000 | 1.50% |
| Vanguard Index Fds |
11.19%
35,393
|
$11,829,016,000 | 2.35% |
| V F Corp |
Closed
382,687
|
$5,870,419,000 | |
| Spdr S&p Midcap 400 Etf Tr |
3.48%
10,047
|
$5,376,075,000 | 1.07% |
| Ishares Tr |
4.43%
95,733
|
$14,484,651,000 | 2.88% |
| Amazon.com Inc. |
1.71%
25,694
|
$4,965,366,000 | 0.99% |
| Chevron Corp. |
0.21%
31,279
|
$4,892,662,000 | 0.97% |
| Procter And Gamble Co |
1.30%
24,664
|
$4,067,516,000 | 0.81% |
| Costco Whsl Corp New |
0.70%
4,386
|
$3,728,057,000 | 0.74% |
| Mastercard Incorporated |
0.09%
7,967
|
$3,514,722,000 | 0.70% |
| Jacobs Solutions Inc |
No change
24,000
|
$3,353,040,000 | 0.67% |
| Union Pac Corp |
0.01%
14,450
|
$3,269,411,000 | 0.65% |
| Ecolab, Inc. |
0.61%
11,953
|
$2,844,744,000 | 0.57% |
| Kinder Morgan Inc |
4.86%
136,928
|
$2,720,760,000 | 0.54% |
| Medtronic Plc |
6.30%
33,491
|
$2,636,077,000 | 0.52% |
| Republic Svcs Inc |
4.22%
12,382
|
$2,406,318,000 | 0.48% |
| Janus Detroit Str Tr |
4.61%
46,611
|
$2,262,498,000 | 0.45% |
| Merck & Co Inc |
5.39%
17,909
|
$2,217,135,000 | 0.44% |
| Adobe Inc |
4.93%
3,893
|
$2,162,718,000 | 0.43% |
| Oreilly Automotive Inc |
No change
1,938
|
$2,046,645,000 | 0.41% |
| Golar Lng |
No change
61,507
|
$1,928,245,000 | 0.38% |
| Pepsico Inc |
24.49%
11,569
|
$1,908,051,000 | 0.38% |
| Johnson & Johnson |
2.02%
12,544
|
$1,833,432,000 | 0.36% |
| Wells Fargo Co New |
11.56%
30,847
|
$1,832,004,000 | 0.36% |
| Stanley Black & Decker Inc |
No change
22,733
|
$1,816,140,000 | 0.36% |
| Exxon Mobil Corp. |
1.23%
15,708
|
$1,808,343,000 | 0.36% |
| Thermo Fisher Scientific Inc. |
No change
3,117
|
$1,723,451,000 | 0.34% |
| Schlumberger Ltd. |
No change
36,461
|
$1,720,230,000 | 0.34% |
| JPMorgan Chase & Co. |
Closed
60,227
|
$1,715,868,000 | |
| Amphenol Corp. |
100.00%
24,490
|
$1,649,892,000 | 0.33% |
| Mks Instrs Inc |
4.73%
12,394
|
$1,618,409,000 | 0.32% |
| Bristol-Myers Squibb Co. |
4.38%
38,014
|
$1,578,722,000 | 0.31% |
| Broadcom Inc |
No change
979
|
$1,571,814,000 | 0.31% |
| Intuit Inc |
No change
2,342
|
$1,539,186,000 | 0.31% |
| NVIDIA Corp |
852.98%
12,322
|
$1,522,260,000 | 0.30% |
| Abbott Labs |
0.05%
13,557
|
$1,408,708,000 | 0.28% |
| Accenture Plc Ireland |
81.69%
4,108
|
$1,246,409,000 | 0.25% |
| Select Sector Spdr Tr |
3.75%
38,372
|
$2,504,560,000 | 0.50% |
| Unitedhealth Group Inc |
2.58%
2,037
|
$1,037,363,000 | 0.21% |
| Qualcomm, Inc. |
No change
5,196
|
$1,034,940,000 | 0.21% |
| Coca-Cola Co |
No change
14,907
|
$948,831,000 | 0.19% |
| Snowflake Inc. |
1.31%
5,967
|
$806,083,000 | 0.16% |
| Pfizer Inc. |
6.46%
28,361
|
$793,532,000 | 0.16% |
| Pimco Etf Tr |
3.64%
7,622
|
$767,155,000 | 0.15% |
| Jpmorgan Chase Finl Co Llc |
Opened
26,289
|
$760,804,000 | 0.15% |
| Lowes Cos Inc |
2.91%
3,341
|
$736,557,000 | 0.15% |
| Royal Gold, Inc. |
27.88%
5,814
|
$727,681,000 | 0.14% |
| Progressive Corp. |
No change
3,483
|
$723,454,000 | 0.14% |
| Schwab Strategic Tr |
22.57%
19,546
|
$1,142,851,000 | 0.23% |
| Applied Matls Inc |
0.32%
2,841
|
$670,448,000 | 0.13% |
| Church & Dwight Co., Inc. |
No change
6,449
|
$668,633,000 | 0.13% |
| Vanguard Bd Index Fds |
6.94%
13,418
|
$664,460,000 | 0.13% |
| Taiwan Semiconductor Mfg Ltd |
No change
3,500
|
$608,335,000 | 0.12% |
| Edwards Lifesciences Corp |
No change
6,343
|
$585,903,000 | 0.12% |
| Honeywell International Inc |
12.67%
2,584
|
$551,788,000 | 0.11% |
| Meta Platforms Inc |
8.42%
1,087
|
$548,088,000 | 0.11% |
| Vanguard Intl Equity Index F |
29.29%
11,758
|
$514,531,000 | 0.10% |
| Spdr Dow Jones Indl Average |
4.18%
1,284
|
$502,211,000 | 0.10% |
| Vanguard Tax-managed Fds |
3.71%
10,004
|
$494,398,000 | 0.10% |
| Blackrock Inc. |
0.48%
621
|
$488,926,000 | 0.10% |
| Nike, Inc. |
0.76%
6,263
|
$472,043,000 | 0.09% |
| Laboratory Corp Amer Hldgs |
Closed
2,117
|
$462,480,000 | |
| Labcorp Holdings Inc. |
Opened
2,117
|
$430,831,000 | 0.09% |
| Deere & Co. |
No change
1,109
|
$414,356,000 | 0.08% |
| Zoetis Inc |
No change
2,377
|
$412,077,000 | 0.08% |
| Intel Corp. |
No change
12,795
|
$396,262,000 | 0.08% |
| Lennox International Inc |
3.33%
725
|
$387,861,000 | 0.08% |
| Home Depot, Inc. |
9.83%
1,117
|
$384,517,000 | 0.08% |
| Verizon Communications Inc |
9.70%
9,220
|
$380,233,000 | 0.08% |
| Target Corp |
No change
2,560
|
$378,983,000 | 0.08% |
| NextEra Energy Inc |
No change
5,347
|
$378,622,000 | 0.08% |
| Walmart Inc |
No change
5,490
|
$371,728,000 | 0.07% |
| Travelers Companies Inc. |
No change
1,814
|
$368,859,000 | 0.07% |
| International Business Machs |
3.22%
2,101
|
$363,368,000 | 0.07% |
| Eli Lilly & Co |
No change
383
|
$346,761,000 | 0.07% |
| Intercontinental Exchange In |
16.55%
2,485
|
$340,172,000 | 0.07% |
| VanEck ETF Trust |
Opened
1,298
|
$338,389,000 | 0.07% |
| GE Aerospace |
No change
2,128
|
$338,289,000 | 0.07% |
| Mcdonalds Corp |
No change
1,287
|
$327,980,000 | 0.07% |
| The Southern Co. |
2.32%
4,210
|
$326,570,000 | 0.06% |
| 3M Co. |
No change
3,160
|
$322,932,000 | 0.06% |
| Vanguard Intl Equity Index F |
Opened
4,241
|
$283,172,000 | 0.06% |
| Us Bancorp Del |
No change
6,959
|
$276,273,000 | 0.05% |
| Eaton Corp Plc |
1.04%
860
|
$269,653,000 | 0.05% |
| Phillips Edison & Co Inc |
No change
8,214
|
$268,680,000 | 0.05% |
| Corning, Inc. |
No change
6,775
|
$263,209,000 | 0.05% |
| Bank America Corp |
No change
6,430
|
$255,722,000 | 0.05% |
| Cloudflare Inc |
39.32%
3,087
|
$255,697,000 | 0.05% |
| Weyerhaeuser Co Mtn Be |
4.32%
8,860
|
$251,536,000 | 0.05% |
| Texas Instrs Inc |
0.79%
1,277
|
$248,415,000 | 0.05% |
| Spdr Gold Tr |
13.07%
1,125
|
$241,887,000 | 0.05% |
| AMGEN Inc. |
No change
739
|
$230,901,000 | 0.05% |
| Novartis AG |
Opened
2,000
|
$212,920,000 | 0.04% |
| Royal Bk Cda |
No change
2,000
|
$212,760,000 | 0.04% |
| Arrow Electrs Inc |
No change
1,745
|
$210,727,000 | 0.04% |
| TEGNA Inc |
No change
15,000
|
$209,100,000 | 0.04% |
| Tjx Cos Inc New |
Opened
1,896
|
$208,750,000 | 0.04% |
| Xcel Energy Inc. |
No change
3,896
|
$208,086,000 | 0.04% |
| Marriott Intl Inc New |
No change
860
|
$207,923,000 | 0.04% |
| Caterpillar Inc. |
Closed
564
|
$206,667,000 | |
| Schwab Strategic Tr |
Closed
2,500
|
$201,575,000 | |
| Palo Alto Networks Inc |
Opened
594
|
$201,372,000 | 0.04% |
| Starbucks Corp. |
6.59%
2,581
|
$200,944,000 | 0.04% |
| Energy Fuels Inc |
No change
10,000
|
$60,600,000 | 0.01% |
| Standard BioTools Inc |
Closed
16,841
|
$45,640,000 | |
| Taseko Mines Ltd. |
No change
12,000
|
$29,400,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 127 holdings | |||
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