Prospector Partners 13F annual report
Prospector Partners is an investment fund managing more than $844 billion ran by John Gillespie. There are currently 81 companies in Mr. Gillespie’s portfolio. The largest investments include Leidos Inc and Berkshire Hathaway, together worth $63.7 billion.
$844 billion Assets Under Management (AUM)
As of 6th August 2024, Prospector Partners’s top holding is 218,595 shares of Leidos Inc currently worth over $31.9 billion and making up 3.8% of the portfolio value.
Relative to the number of outstanding shares of Leidos Inc, Prospector Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 78,310 shares of Berkshire Hathaway worth $31.9 billion, whose value grew 10.9% in the past six months.
The third-largest holding is Brown & Brown worth $25.4 billion and the next is Progressive worth $23.9 billion, with 114,895 shares owned.
Currently, Prospector Partners's portfolio is worth at least $844 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 Prospector Partners
The Prospector Partners office and employees reside in Guilford, Connecticut. According to the last 13-F report filed with the SEC, John Gillespie serves as the Managing Member at Prospector Partners.
Recent trades
In the most recent 13F filing, Prospector Partners revealed that it had opened a new position in
Fidelity Natl Information Sv and bought 155,657 shares worth $11.7 billion.
The investment fund also strengthened its position in Leidos Inc by buying
1,292 additional shares.
This makes their stake in Leidos Inc total 218,595 shares worth $31.9 billion.
Leidos Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Prospector Partners is getting rid of from its portfolio.
Prospector Partners closed its position in Pioneer Nat Res Co on 13th August 2024.
It sold the previously owned 86,968 shares for $22.8 billion.
John Gillespie also disclosed a decreased stake in Curtiss-Wright by approximately 0.1%.
This leaves the value of the investment at $23.7 billion and 87,449 shares.
One of the average hedge funds
The two most similar investment funds to Prospector Partners are Nottingham Advisors, Inc and P2 Capital Partners. They manage $843 billion and $846 billion respectively.
John Gillespie investment strategy
Prospector Partners’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Finance — making up 23.2% of
the total portfolio value.
The fund focuses on investments in the United States as
61.7% 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
46% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $129 billion.
The complete list of Prospector Partners 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 |
|---|---|---|---|
| Leidos Holdings Inc |
0.59%
218,595
|
$31,888,639,000 | 3.78% |
| Berkshire Hathaway Inc. |
No change
78,310
|
$31,856,508,000 | 3.77% |
| Brown & Brown, Inc. |
0.64%
283,557
|
$25,352,831,000 | 3.00% |
| Progressive Corp. |
0.94%
114,895
|
$23,864,840,000 | 2.83% |
| Curtiss-Wright Corp. |
7.56%
87,449
|
$23,696,930,000 | 2.81% |
| Exxon Mobil Corp. |
3,000.50%
205,408
|
$23,646,569,000 | 2.80% |
| Eaton Corp Plc |
0.82%
72,849
|
$22,841,804,000 | 2.71% |
| Pioneer Nat Res Co |
Closed
86,968
|
$22,829,100,000 | |
| Gallagher Arthur J & Co |
0.55%
80,707
|
$20,928,132,000 | 2.48% |
| Merck & Co Inc |
0.66%
162,111
|
$20,069,342,000 | 2.38% |
| Trimble Inc |
1.42%
353,092
|
$19,744,905,000 | 2.34% |
| Abbott Labs |
2.85%
179,195
|
$18,620,152,000 | 2.21% |
| Littelfuse, Inc. |
0.45%
71,930
|
$18,384,589,000 | 2.18% |
| Primerica Inc |
9.52%
76,845
|
$18,179,990,000 | 2.15% |
| Globe Life Inc |
0.78%
212,026
|
$17,445,499,000 | 2.07% |
| Carrier Global Corporation |
0.69%
273,845
|
$17,274,143,000 | 2.05% |
| Ppg Inds Inc |
35.40%
136,382
|
$17,169,130,000 | 2.03% |
| Colgate-Palmolive Co. |
0.56%
175,515
|
$17,031,976,000 | 2.02% |
| DENTSPLY Sirona Inc |
76.72%
674,970
|
$16,813,503,000 | 1.99% |
| Citigroup Inc |
0.80%
264,265
|
$16,770,257,000 | 1.99% |
| Everest Group Ltd |
0.79%
43,293
|
$16,495,499,000 | 1.95% |
| Church & Dwight Co., Inc. |
0.56%
151,969
|
$15,756,146,000 | 1.87% |
| Mondelez International Inc. |
0.79%
227,670
|
$14,898,725,000 | 1.76% |
| Cigna Group (The) |
0.79%
40,858
|
$13,506,429,000 | 1.60% |
| Pnc Finl Svcs Group Inc |
0.85%
77,350
|
$12,026,378,000 | 1.42% |
| Otis Worldwide Corporation |
0.63%
123,925
|
$11,929,020,000 | 1.41% |
| Fidelity Natl Information Sv |
Opened
155,657
|
$11,730,312,000 | 1.39% |
| Texas Roadhouse Inc |
0.65%
67,850
|
$11,650,523,000 | 1.38% |
| Fidelity Natl Information Sv |
Closed
154,702
|
$11,475,794,000 | |
| Prosperity Bancshares Inc. |
0.56%
183,815
|
$11,238,449,000 | 1.33% |
| Home Depot, Inc. |
0.75%
32,369
|
$11,142,705,000 | 1.32% |
| Pentair plc |
0.57%
145,042
|
$11,120,370,000 | 1.32% |
| Howard Hughes Corporation |
Closed
150,416
|
$10,923,210,000 | |
| Ameris Bancorp |
1.95%
211,361
|
$10,642,026,000 | 1.26% |
| Schlumberger Ltd. |
1.01%
222,260
|
$10,486,227,000 | 1.24% |
| Howard Hughes Corporation |
Opened
155,221
|
$10,061,425,000 | 1.19% |
| Microsoft Corporation |
0.95%
21,917
|
$9,795,803,000 | 1.16% |
| Teradyne, Inc. |
0.58%
65,730
|
$9,747,102,000 | 1.15% |
| Johnson & Johnson |
1.01%
66,134
|
$9,666,145,000 | 1.15% |
| Hologic, Inc. |
0.80%
128,637
|
$9,551,297,000 | 1.13% |
| Darden Restaurants, Inc. |
0.50%
62,685
|
$9,485,494,000 | 1.12% |
| Fidelis Insurance Holdings L |
0.65%
577,628
|
$9,421,113,000 | 1.12% |
| Cboe Global Mkts Inc |
0.67%
55,250
|
$9,395,815,000 | 1.11% |
| Expedia Group Inc |
10.75%
74,405
|
$9,374,286,000 | 1.11% |
| SouthState Corporation |
40.55%
121,237
|
$9,264,932,000 | 1.10% |
| First Bancorp P R |
0.65%
489,495
|
$8,952,864,000 | 1.06% |
| Alphabet Inc |
49.43%
55,005
|
$10,027,066,000 | 1.19% |
| Hess Corporation |
1.12%
59,542
|
$8,783,636,000 | 1.04% |
| Aptiv PLC |
11.29%
122,100
|
$8,598,282,000 | 1.02% |
| Abrdn Platinum Etf Trust |
0.57%
92,175
|
$8,431,247,000 | 1.00% |
| Murphy Oil Corp. |
Opened
204,000
|
$8,412,960,000 | 1.00% |
| Voya Financial, Inc. |
0.64%
115,632
|
$8,227,217,000 | 0.97% |
| Federated Hermes Inc |
0.54%
241,836
|
$7,951,568,000 | 0.94% |
| RTX Corp |
0.94%
78,374
|
$7,867,966,000 | 0.93% |
| Berkley W R Corp |
0.74%
94,130
|
$7,396,735,000 | 0.88% |
| Goldman Sachs Group, Inc. |
1.13%
16,115
|
$7,289,137,000 | 0.86% |
| General Dynamics Corp. |
1.71%
24,700
|
$7,166,458,000 | 0.85% |
| Zebra Technologies Corporati |
0.53%
22,851
|
$7,059,359,000 | 0.84% |
| PJT Partners Inc |
1.00%
61,840
|
$6,673,154,000 | 0.79% |
| Procter And Gamble Co |
1.17%
38,175
|
$6,295,821,000 | 0.75% |
| Renaissancere Hldgs Ltd |
Closed
25,853
|
$6,076,231,000 | |
| White Mtns Ins Group Ltd |
0.12%
3,289
|
$5,977,593,000 | 0.71% |
| Suncor Energy, Inc. |
No change
145,425
|
$5,540,692,000 | 0.66% |
| First Amern Finl Corp |
Opened
88,810
|
$4,791,299,000 | 0.57% |
| V2X Inc |
No change
91,330
|
$4,380,187,000 | 0.52% |
| CubeSmart |
3.40%
96,515
|
$4,359,583,000 | 0.52% |
| Paychex Inc. |
1.07%
36,695
|
$4,350,559,000 | 0.52% |
| Axalta Coating Sys Ltd |
62.10%
124,800
|
$4,264,416,000 | 0.51% |
| Newmont Corp |
No change
92,450
|
$3,870,881,000 | 0.46% |
| Agnico Eagle Mines Ltd |
1.01%
59,032
|
$3,860,693,000 | 0.46% |
| Nb Bancorp Inc |
Opened
242,272
|
$3,653,462,000 | 0.43% |
| Bank Of Nt Butterfield&son L |
No change
95,675
|
$3,360,106,000 | 0.40% |
| First Amern Finl Corp |
Closed
54,965
|
$3,355,613,000 | |
| Devon Energy Corp. |
No change
68,130
|
$3,229,362,000 | 0.38% |
| EBay Inc. |
No change
55,325
|
$2,972,059,000 | 0.35% |
| Pfizer Inc. |
No change
81,755
|
$2,287,505,000 | 0.27% |
| Tecnoglass Inc |
No change
45,300
|
$2,273,154,000 | 0.27% |
| Capital City Bk Group Inc |
17.64%
32,685
|
$929,561,000 | 0.11% |
| South Plains Financial Inc |
6.55%
33,340
|
$900,180,000 | 0.11% |
| William Penn Bancorporation |
No change
65,200
|
$743,280,000 | 0.09% |
| Evertec Inc |
No change
22,000
|
$731,500,000 | 0.09% |
| Horace Mann Educators Corp N |
No change
18,220
|
$594,336,000 | 0.07% |
| Sensata Technologies Hldg Pl |
No change
14,900
|
$557,111,000 | 0.07% |
| Astrazeneca plc |
No change
6,700
|
$522,533,000 | 0.06% |
| YETI Holdings Inc |
Closed
12,350
|
$476,092,000 | |
| Four Corners Ppty Tr Inc |
No change
18,563
|
$457,949,000 | 0.05% |
| Louisiana Pac Corp |
No change
5,225
|
$430,174,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 87 holdings | |||
Hedge funds similar to Prospector Partners
- Marble Harbor Investment Counsel
- Valiant Capital Management, L.P.
- Technology Crossover Management X
- Diversified
- Azzad Asset Management Inc adv
- Oxbow Advisors
- P2 Capital Partners
- Nottingham Advisors, Inc
- Nadler
- James Investment Research Inc
- Harbour Trust & Investment Management Co
- Perpetual Investment Management Ltd
- United Bank
- Matrix Asset Advisors Inc/ny