Rnc Capital Management 13F annual report
Rnc Capital Management is an investment fund managing more than $1.8 trillion ran by Manuel Gutierrez. There are currently 153 companies in Mr. Gutierrez’s portfolio. The largest investments include JPMorgan Chase & Co and Broadcom Inc, together worth $138 billion.
$1.8 trillion Assets Under Management (AUM)
As of 7th August 2024, Rnc Capital Management’s top holding is 363,669 shares of JPMorgan Chase & Co currently worth over $73.6 billion and making up 4.1% of the portfolio value.
Relative to the number of outstanding shares of JPMorgan Chase & Co, Rnc Capital Management owns less than approximately 0.1% of the company.
In addition, the fund holds 40,005 shares of Broadcom Inc worth $64.2 billion, whose value fell 87.6% in the past six months.
The third-largest holding is Abbvie Inc worth $61.2 billion and the next is AT&T worth $57.3 billion, with 2,998,910 shares owned.
Currently, Rnc Capital Management's portfolio is worth at least $1.8 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 Rnc Capital Management
The Rnc Capital Management office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Manuel Gutierrez serves as the SVP/CFO/CCO at Rnc Capital Management.
Recent trades
In the most recent 13F filing, Rnc Capital Management revealed that it had opened a new position in
Blackstone Inc and bought 2,758 shares worth $341 million.
This means they effectively own approximately 0.1% of the company.
Blackstone Inc makes up
0.1%
of the fund's Finance sector allocation and has grown its share price by 36.0% in the past year.
The investment fund also strengthened its position in JPMorgan Chase & Co by buying
15,191 additional shares.
This makes their stake in JPMorgan Chase & Co total 363,669 shares worth $73.6 billion.
JPMorgan Chase & Co soared 2.7% in the past year.
On the other hand, there are companies that Rnc Capital Management is getting rid of from its portfolio.
Rnc Capital Management closed its position in Intel on 14th August 2024.
It sold the previously owned 5,934 shares for $262 million.
Manuel Gutierrez also disclosed a decreased stake in Broadcom Inc by 0.2%.
This leaves the value of the investment at $64.2 billion and 40,005 shares.
One of the largest hedge funds
The two most similar investment funds to Rnc Capital Management are Eagle Global Advisors and Bryn Mawr Capital Management. They manage $1.81 trillion and $1.81 trillion respectively.
Manuel Gutierrez investment strategy
Rnc Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 16.2% of
the total portfolio value.
The fund focuses on investments in the United States as
57.5% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 3.3% of the portfolio.
The average market cap of the portfolio companies is close to $180 billion.
The complete list of Rnc Capital Management trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| JPMorgan Chase & Co. |
4.36%
363,669
|
$73,555,696,000 | 4.08% |
| Broadcom Inc |
21.46%
40,005
|
$64,229,730,000 | 3.56% |
| Abbvie Inc |
4.25%
356,760
|
$61,191,391,000 | 3.39% |
| AT&T Inc. |
3.75%
2,998,910
|
$57,309,166,000 | 3.18% |
| M & T Bank Corp |
19.35%
375,198
|
$56,789,918,000 | 3.15% |
| Chevron Corp. |
4.02%
352,803
|
$55,185,499,000 | 3.06% |
| United Parcel Service, Inc. |
21.96%
390,300
|
$53,412,570,000 | 2.96% |
| Enbridge Inc |
0.55%
1,499,597
|
$53,370,671,000 | 2.96% |
| Emerson Electric Co. |
4.23%
484,251
|
$53,345,145,000 | 2.96% |
| CVS Health Corp |
41.61%
879,727
|
$51,956,666,000 | 2.88% |
| Altria Group Inc. |
19.62%
1,098,259
|
$50,025,675,000 | 2.77% |
| Comcast Corp - Cl A |
3.39%
1,270,512
|
$49,753,258,000 | 2.76% |
| Blackrock Inc. |
3.98%
62,810
|
$49,451,509,000 | 2.74% |
| Phillips 66 |
4.29%
350,198
|
$49,437,467,000 | 2.74% |
| Air Products & Chemicals Inc. |
23.34%
187,232
|
$48,315,218,000 | 2.68% |
| Cisco Systems, Inc. |
3.27%
946,576
|
$44,971,811,000 | 2.49% |
| Gilead Sciences, Inc. |
3.62%
649,418
|
$44,556,579,000 | 2.47% |
| Corning, Inc. |
6.22%
1,134,919
|
$44,091,609,000 | 2.44% |
| International Business Machine |
4.62%
254,649
|
$44,041,511,000 | 2.44% |
| Lockheed Martin Corp. |
2.75%
93,141
|
$43,506,347,000 | 2.41% |
| Johnson & Johnson |
2.96%
284,166
|
$41,533,704,000 | 2.30% |
| Home Depot, Inc. |
3.68%
119,514
|
$41,141,448,000 | 2.28% |
| Capital One Financial Corp. |
7.49%
293,908
|
$40,691,543,000 | 2.26% |
| Sempra Com |
6.43%
534,808
|
$40,677,533,000 | 2.25% |
| Evergy Inc |
5.16%
739,161
|
$39,153,378,000 | 2.17% |
| Kenvue Inc |
56.33%
1,941,153
|
$35,290,169,000 | 1.96% |
| Medtronic Plc |
4.22%
435,572
|
$34,283,911,000 | 1.90% |
| Tyson Foods, Inc. |
3.38%
573,844
|
$32,789,418,000 | 1.82% |
| Microsoft Corporation |
7.29%
69,494
|
$31,060,536,000 | 1.72% |
| CRH Plc |
4.87%
413,462
|
$31,001,381,000 | 1.72% |
| Bristol-Myers Squibb Co. |
2.88%
739,132
|
$30,696,142,000 | 1.70% |
| Apple Inc |
14.63%
133,906
|
$28,203,235,000 | 1.56% |
| NVIDIA Corp |
940.91%
180,640
|
$22,316,325,000 | 1.24% |
| Dow Inc |
5.28%
355,496
|
$18,859,046,000 | 1.05% |
| Alphabet Inc |
34.31%
75,117
|
$13,778,031,000 | 0.76% |
| Qualcomm, Inc. |
4.04%
67,835
|
$13,511,421,000 | 0.75% |
| Lilly Eli & Company |
5.07%
13,912
|
$12,595,415,000 | 0.70% |
| Eaton Corp Plc |
10.95%
37,881
|
$11,877,588,000 | 0.66% |
| Exxon Mobil Corp. |
8.82%
94,385
|
$10,865,572,000 | 0.60% |
| Adobe Inc |
9.11%
17,407
|
$9,670,285,000 | 0.54% |
| Amazon.com Inc. |
12.60%
48,534
|
$9,379,195,000 | 0.52% |
| Taiwan Semiconductor - Sp Adr |
19.90%
53,482
|
$9,295,706,000 | 0.52% |
| Unitedhealth Group Inc |
7.68%
17,828
|
$9,078,993,000 | 0.50% |
| Visa Inc |
8.10%
32,489
|
$8,527,385,000 | 0.47% |
| Advanced Micro Devices Inc. |
20.93%
48,264
|
$7,828,892,000 | 0.43% |
| Thermo Fisher Scientific Inc. |
10.98%
11,693
|
$6,466,229,000 | 0.36% |
| Pepsico Incorporated |
9.14%
39,099
|
$6,448,641,000 | 0.36% |
| Honeywell International Inc |
2.18%
29,121
|
$6,218,419,000 | 0.34% |
| DuPont de Nemours Inc |
9.50%
75,491
|
$6,076,288,000 | 0.34% |
| Western Digital Corp. |
12.97%
76,398
|
$5,788,676,000 | 0.32% |
| Disney Walt Co |
6.64%
53,317
|
$5,293,796,000 | 0.29% |
| Constellation Brands Inc-a |
8.43%
20,530
|
$5,282,050,000 | 0.29% |
| Ferguson Plc |
19.29%
25,876
|
$5,010,887,000 | 0.28% |
| Ulta Salon Cosmetics & Fragr |
10.76%
12,936
|
$4,991,614,000 | 0.28% |
| Travelers Cos Inc |
85.42%
21,997
|
$4,472,873,000 | 0.25% |
| MetLife, Inc. |
5.97%
63,039
|
$4,424,699,000 | 0.25% |
| Oracle Corp. |
5.57%
31,252
|
$4,412,782,000 | 0.24% |
| Alphabet Inc |
5.75%
22,362
|
$4,073,274,000 | 0.23% |
| Baxter International Inc. |
8.60%
119,552
|
$3,999,014,000 | 0.22% |
| Expedia Group Inc |
9.43%
30,393
|
$3,829,214,000 | 0.21% |
| Bank Of America Corp. |
10.38%
92,445
|
$3,676,536,000 | 0.20% |
| Morgan Stanley |
6.66%
36,978
|
$3,593,901,000 | 0.20% |
| Merck & Co Inc |
10.32%
28,979
|
$3,587,545,000 | 0.20% |
| RenaissanceRe Holdings Ltd |
5.01%
15,456
|
$3,454,571,000 | 0.19% |
| Lowes Companies Inc |
15.09%
14,121
|
$3,113,091,000 | 0.17% |
| Astrazeneca Plc - Adr |
8.81%
39,469
|
$3,078,190,000 | 0.17% |
| Price T Rowe Group Inc |
8.62%
25,169
|
$2,902,269,000 | 0.16% |
| Warner Brothers Discovery Inc |
9.69%
363,602
|
$2,705,197,000 | 0.15% |
| Costco Wholesale Corp |
1.42%
3,073
|
$2,612,314,000 | 0.14% |
| Starbucks Corp. |
16.98%
33,282
|
$2,591,039,000 | 0.14% |
| Schlumberger Ltd. |
326.50%
53,803
|
$2,538,426,000 | 0.14% |
| Royal Bank Of Canada |
No change
22,562
|
$2,400,146,000 | 0.13% |
| Aptiv PLC |
11.69%
30,808
|
$2,169,499,000 | 0.12% |
| Applied Materials Inc. |
19.75%
9,094
|
$2,146,093,000 | 0.12% |
| Verizon Communications Inc |
3.32%
46,542
|
$1,919,378,000 | 0.11% |
| Target Corp |
8.51%
12,885
|
$1,907,468,000 | 0.11% |
| Abbott Laboratories |
21.60%
16,470
|
$1,711,434,000 | 0.09% |
| BorgWarner Inc |
4.99%
52,520
|
$1,693,245,000 | 0.09% |
| General Mills, Inc. |
3.05%
26,733
|
$1,691,160,000 | 0.09% |
| Philip Morris International Inc |
11.15%
15,866
|
$1,607,673,000 | 0.09% |
| Fedex Corp |
9.05%
5,239
|
$1,570,991,000 | 0.09% |
| Pfizer Inc. |
6.27%
54,113
|
$1,514,088,000 | 0.08% |
| Moog Inc. |
5.45%
8,995
|
$1,504,863,000 | 0.08% |
| NXP Semiconductors NV |
2.92%
5,492
|
$1,477,842,000 | 0.08% |
| Duke Energy Corp. |
10.32%
14,575
|
$1,460,826,000 | 0.08% |
| Coterra Energy Inc |
2.51%
51,008
|
$1,360,383,000 | 0.08% |
| Union Pacific Corp. |
3.99%
5,844
|
$1,322,263,000 | 0.07% |
| Vontier Corporation |
5.58%
34,450
|
$1,315,990,000 | 0.07% |
| American Express Co. |
24.84%
5,428
|
$1,256,853,000 | 0.07% |
| Wells Fargo & Company |
5.94%
19,349
|
$1,149,122,000 | 0.06% |
| Procter And Gamble Company |
3.80%
6,864
|
$1,132,011,000 | 0.06% |
| Stryker Corp. |
0.16%
3,210
|
$1,092,202,000 | 0.06% |
| AMGEN Inc. |
3.24%
3,405
|
$1,063,851,000 | 0.06% |
| Facebook Inc-a |
8.93%
2,013
|
$1,014,995,000 | 0.06% |
| Goldman Sachs Group, Inc. |
16.41%
2,206
|
$997,958,000 | 0.06% |
| Mcdonalds Corp |
5.78%
3,425
|
$872,827,000 | 0.05% |
| Pembina Pipeline Corporation |
10.41%
21,758
|
$806,787,000 | 0.04% |
| Williams Cos Inc |
19.08%
18,910
|
$803,675,000 | 0.04% |
| Tesla Inc |
4.53%
4,017
|
$794,884,000 | 0.04% |
| Caterpillar Inc. |
1.93%
2,372
|
$790,113,000 | 0.04% |
| Hasbro Inds Inc |
5.86%
13,180
|
$771,030,000 | 0.04% |
| Microchip Technology, Inc. |
52.58%
8,180
|
$748,486,000 | 0.04% |
| Berkshire Hathaway Inc. |
21.26%
1,825
|
$742,410,000 | 0.04% |
| Eastman Chemical Co |
3.36%
7,082
|
$693,824,000 | 0.04% |
| Bhp Group Ltd Sp Ads |
19.29%
11,966
|
$683,139,000 | 0.04% |
| Boeing Co. |
0.42%
3,556
|
$647,294,000 | 0.04% |
| PNC Financial Services Group Inc |
12.44%
3,768
|
$585,824,000 | 0.03% |
| Schneider Electric Se Adr |
0.31%
12,028
|
$579,028,000 | 0.03% |
| Genuine Parts Co. |
0.36%
4,140
|
$572,645,000 | 0.03% |
| Bae Systems Plc - Sp Adr |
1.98%
8,410
|
$562,208,000 | 0.03% |
| Nike, Inc. |
0.26%
7,034
|
$530,146,000 | 0.03% |
| Sumitomo Mitsui - Sp Adr |
1.72%
37,215
|
$499,053,000 | 0.03% |
| Aflac Inc. |
No change
5,408
|
$483,027,000 | 0.03% |
| Mitsubishi Ufj Finl Grp - Adr |
0.24%
44,440
|
$479,952,000 | 0.03% |
| Bp Plc - Adr |
8.32%
13,213
|
$476,989,000 | 0.03% |
| Omnicom Group, Inc. |
5.29%
5,212
|
$467,516,000 | 0.03% |
| Abb Ltd - Sp Adr |
0.38%
8,059
|
$448,967,000 | 0.02% |
| Arista Networks Inc |
1.08%
1,213
|
$425,132,000 | 0.02% |
| Wal-mart Inc |
10.19%
5,827
|
$394,524,000 | 0.02% |
| Novartis Ag - Adr |
0.44%
3,682
|
$391,986,000 | 0.02% |
| Int'l Flavors & Fragrances |
8.47%
4,061
|
$386,628,000 | 0.02% |
| Vodafone Group plc |
12.19%
41,430
|
$367,484,000 | 0.02% |
| Barclays Plc - Adr |
1.93%
32,705
|
$350,271,000 | 0.02% |
| Parker-Hannifin Corp. |
77.70%
680
|
$343,951,000 | 0.02% |
| Blackstone Inc |
Opened
2,758
|
$341,440,000 | 0.02% |
| Prudential Financial, Inc. |
29.82%
2,895
|
$339,265,000 | 0.02% |
| Bnp Paribas Sp Adr |
2.86%
10,534
|
$338,563,000 | 0.02% |
| Rtx Corporation Com |
4.10%
3,372
|
$338,515,000 | 0.02% |
| Honda Motor Co Ltd - Sp Adr |
2.15%
10,260
|
$330,782,000 | 0.02% |
| Allianz Se Unsponsored Ads |
2.75%
11,475
|
$318,087,000 | 0.02% |
| Netflix Inc. |
6.85%
468
|
$315,844,000 | 0.02% |
| Ericsson Adr |
No change
50,890
|
$313,991,000 | 0.02% |
| Exelon Corp. |
0.90%
8,969
|
$310,401,000 | 0.02% |
| Rio Tinto Plc - Adr |
1.29%
4,679
|
$308,486,000 | 0.02% |
| Mercedes-benz Group Ag |
0.17%
17,775
|
$306,619,000 | 0.02% |
| Axa - Sp Adr |
1.62%
9,272
|
$304,307,000 | 0.02% |
| Sanofi-aventis - Adr |
1.63%
6,217
|
$301,649,000 | 0.02% |
| Orix - Sp Adr |
0.57%
2,625
|
$292,162,000 | 0.02% |
| National Grid Plc-sp Adr |
0.62%
4,845
|
$275,196,000 | 0.02% |
| Manulife Financial Corp. |
6.25%
10,125
|
$269,527,000 | 0.01% |
| British Amern Tobacco Plc Adr |
1.63%
8,475
|
$262,132,000 | 0.01% |
| Intel Corp. |
Closed
5,934
|
$262,093,000 | |
| Orange - Spon Adr |
0.51%
24,239
|
$242,148,000 | 0.01% |
| Public Svc Enterprise Grp Inc |
Opened
3,137
|
$231,176,000 | 0.01% |
| Hartford Financial Svcs Grp |
Opened
2,254
|
$226,617,000 | 0.01% |
| Imperial Brands Plc-spon Adr |
Opened
8,492
|
$217,905,000 | 0.01% |
| Mastercard Inc -class A |
10.11%
490
|
$216,031,000 | 0.01% |
| Komatsu Ltd Spons Adr |
2.85%
7,214
|
$210,937,000 | 0.01% |
| Xcel Energy Inc. |
0.26%
3,863
|
$206,334,000 | 0.01% |
| Oaktree Specialty Lending Corp |
Opened
10,897
|
$204,973,000 | 0.01% |
| Enterprise Products Ptrs Lp |
Opened
6,912
|
$200,310,000 | 0.01% |
| Ck Hutchison Holdin-unsp Adr |
1.65%
41,868
|
$198,454,000 | 0.01% |
| Agent Information Software I |
No change
28,000
|
$39,200,000 | 0.00% |
| Smartcool Systems Inc |
No change
10,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 154 holdings | |||
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