Hfr Wealth Management 13F annual report
Hfr Wealth Management is an investment fund managing more than $393 billion ran by Herbert Iii. There are currently 51 companies in Mr. Iii’s portfolio. The largest investments include Apple Inc and Amazon.com, together worth $39.5 billion.
$393 billion Assets Under Management (AUM)
As of 7th August 2024, Hfr Wealth Management’s top holding is 96,292 shares of Apple Inc currently worth over $20.3 billion and making up 5.2% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Hfr Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 99,240 shares of Amazon.com worth $19.2 billion, whose value fell 0.4% in the past six months.
The third-largest holding is Cintas worth $17.8 billion and the next is Costco Whsl Corp New worth $16.2 billion, with 19,043 shares owned.
Currently, Hfr Wealth Management's portfolio is worth at least $393 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 Hfr Wealth Management
The Hfr Wealth Management office and employees reside in Niskayuna, New York. According to the last 13-F report filed with the SEC, Herbert Iii serves as the President at Hfr Wealth Management.
Recent trades
In the most recent 13F filing, Hfr Wealth Management revealed that it had increased its stake in
Amphenol and bought 115,491 additional shares worth around $7 million.
This means they effectively own approximately 0.1% of the company.
Amphenol makes up
47.9%
of the fund's Technology sector allocation and has decreased its share price by 27.9% in the past year.
On the other hand, there are companies that Hfr Wealth Management is getting rid of from its portfolio.
Hfr Wealth Management closed its position in Disney Walt Co on 13th August 2024.
It sold the previously owned 1,740 shares for $213 million.
Herbert Iii also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $20.3 billion and 96,292 shares.
One of the smaller hedge funds
The two most similar investment funds to Hfr Wealth Management are Doubleline Etf Adviser L.P. and Long Run Wealth Advisors. They manage $393 billion and $394 billion respectively.
Herbert Iii investment strategy
Hfr Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 16.9% of
the total portfolio value.
The fund focuses on investments in the United States as
56.9% 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 approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $303 billion.
The complete list of Hfr Wealth Management 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 |
|---|---|---|---|
| Apple Inc |
0.65%
96,292
|
$20,281,107,000 | 5.16% |
| Amazon.com Inc. |
2.20%
99,240
|
$19,178,130,000 | 4.88% |
| Cintas Corporation |
1.62%
25,487
|
$17,847,527,000 | 4.54% |
| Costco Whsl Corp New |
0.13%
19,043
|
$16,186,669,000 | 4.12% |
| Amphenol Corp. |
96.26%
235,464
|
$15,863,210,000 | 4.04% |
| Tjx Cos Inc New |
0.07%
144,030
|
$15,857,703,000 | 4.03% |
| Intuit Inc |
0.11%
23,304
|
$15,315,622,000 | 3.90% |
| Lennox International Inc |
1.82%
26,664
|
$14,264,707,000 | 3.63% |
| Tractor Supply Co. |
0.27%
51,522
|
$13,910,949,000 | 3.54% |
| Rollins, Inc. |
0.47%
271,187
|
$13,231,218,000 | 3.37% |
| Schwab Charles Corp |
0.21%
174,753
|
$12,877,550,000 | 3.28% |
| Waste Mgmt Inc Del |
1.40%
56,901
|
$12,139,259,000 | 3.09% |
| Visa Inc |
0.39%
45,968
|
$12,065,297,000 | 3.07% |
| AMGEN Inc. |
0.49%
37,017
|
$11,565,891,000 | 2.94% |
| Procter And Gamble Co |
0.56%
69,630
|
$11,483,362,000 | 2.92% |
| Automatic Data Processing In |
0.62%
47,519
|
$11,342,203,000 | 2.89% |
| Dover Corp. |
0.45%
61,707
|
$11,135,028,000 | 2.83% |
| RPM International, Inc. |
0.68%
97,032
|
$10,448,406,000 | 2.66% |
| Berkshire Hathaway Inc. |
0.59%
25,407
|
$12,171,070,000 | 3.10% |
| Union Pac Corp |
0.86%
44,823
|
$10,141,652,000 | 2.58% |
| Danaher Corp. |
0.94%
39,440
|
$9,854,084,000 | 2.51% |
| Packaging Corp Amer |
0.67%
53,652
|
$9,794,709,000 | 2.49% |
| Mccormick Co Inc |
0.89%
129,859
|
$9,212,197,000 | 2.34% |
| Air Prods Chems Inc |
1.00%
35,269
|
$9,101,087,000 | 2.31% |
| NextEra Energy Inc |
0.86%
124,107
|
$8,788,041,000 | 2.24% |
| Steris Plc |
0.88%
39,825
|
$8,743,181,000 | 2.22% |
| Tootsie Roll Inds Inc |
4.23%
273,631
|
$8,364,900,000 | 2.13% |
| Johnson Johnson |
1.22%
53,117
|
$7,763,629,000 | 1.97% |
| WEC Energy Group Inc |
1.39%
98,113
|
$7,697,946,000 | 1.96% |
| Becton Dickinson Co |
0.28%
32,080
|
$7,497,417,000 | 1.91% |
| Pool Corporation |
1.12%
22,943
|
$7,051,072,000 | 1.79% |
| Henry Schein Inc. |
1.41%
108,875
|
$6,978,888,000 | 1.78% |
| Vail Resorts Inc. |
2.06%
31,471
|
$5,668,871,000 | 1.44% |
| Veralto Corp |
0.63%
11,957
|
$1,141,535,000 | 0.29% |
| Alphabet Inc |
6.46%
9,417
|
$1,721,818,000 | 0.44% |
| RTX Corp |
No change
6,560
|
$658,541,000 | 0.17% |
| Clorox Co. |
0.50%
4,359
|
$594,873,000 | 0.15% |
| Select Sector Spdr Tr |
No change
2,460
|
$556,468,000 | 0.14% |
| Unitedhealth Group Inc |
No change
1,030
|
$524,538,000 | 0.13% |
| Chevron Corp. |
No change
3,238
|
$506,488,000 | 0.13% |
| Home Depot, Inc. |
No change
1,339
|
$460,982,000 | 0.12% |
| Exxon Mobil Corp. |
No change
3,636
|
$418,576,000 | 0.11% |
| Eaton Corp Plc |
No change
1,319
|
$413,572,000 | 0.11% |
| Jpmorgan Chase Co. |
No change
1,845
|
$373,170,000 | 0.09% |
| Standex Intl Corp |
1.09%
2,261
|
$364,360,000 | 0.09% |
| Barrick Gold Corp. |
95.59%
21,249
|
$354,433,000 | 0.09% |
| Ishares Tr |
No change
6,000
|
$336,240,000 | 0.09% |
| Abbvie Inc |
No change
1,533
|
$262,928,000 | 0.07% |
| Disney Walt Co |
Closed
1,740
|
$212,849,000 | |
| Microsoft Corporation |
2.46%
476
|
$212,748,000 | 0.05% |
| Deere Co |
No change
559
|
$209,031,000 | 0.05% |
| United Parcel Service, Inc. |
Closed
1,400
|
$208,082,000 | |
| Verizon Communications Inc |
No change
4,993
|
$205,911,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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