Ardent Capital Management 13F annual report
Ardent Capital Management is an investment fund managing more than $204 billion ran by Brian Wade. There are currently 35 companies in Mr. Wade’s portfolio. The largest investments include Berkshire Hathaway and Apple Inc, together worth $93.8 billion.
$204 billion Assets Under Management (AUM)
As of 7th August 2024, Ardent Capital Management’s top holding is 155,075 shares of Berkshire Hathaway currently worth over $63.1 billion and making up 30.9% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Ardent Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 145,773 shares of Apple Inc worth $30.7 billion, whose value grew 20.2% in the past six months.
The third-largest holding is Johnson & Johnson worth $22.3 billion and the next is Alphabet Inc worth $22.7 billion, with 123,669 shares owned.
Currently, Ardent Capital Management's portfolio is worth at least $204 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 Ardent Capital Management
The Ardent Capital Management office and employees reside in Cincinnati, Ohio. According to the last 13-F report filed with the SEC, Brian Wade serves as the Investment Adviser Representative at Ardent Capital Management.
Recent trades
In the most recent 13F filing, Ardent Capital Management revealed that it had increased its stake in
Berkshire Hathaway and bought 3,677 additional shares worth around $2 million.
This means they effectively own approximately 0.1% of the company.
Berkshire Hathaway makes up
87.9%
of the fund's Finance sector allocation and has grown its share price by 22.3% in the past year.
On the other hand, there are companies that Ardent Capital Management is getting rid of from its portfolio.
Ardent Capital Management closed its position in Olink Hldg Ab on 14th August 2024.
It sold the previously owned 20,000 shares for $470 million.
Brian Wade also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $30.7 billion and 145,773 shares.
One of the smallest hedge funds
The two most similar investment funds to Ardent Capital Management are Fuircle Wealth and Siemens Pension Trust E V. They manage $204 billion and $204 billion respectively.
Brian Wade investment strategy
Ardent Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 35.2% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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 8.6% of the portfolio.
The average market cap of the portfolio companies is close to $400 billion.
The complete list of Ardent 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
2.43%
155,075
|
$63,084,510,000 | 30.92% |
| Apple Inc |
0.06%
145,773
|
$30,702,709,000 | 15.05% |
| Johnson & Johnson |
2.01%
152,503
|
$22,289,838,000 | 10.93% |
| Alphabet Inc |
3.84%
123,669
|
$22,650,759,000 | 11.10% |
| Meta Platforms Inc |
0.30%
28,523
|
$14,381,867,000 | 7.05% |
| Stryker Corp. |
2.76%
31,191
|
$10,612,738,000 | 5.20% |
| PayPal Holdings Inc |
0.77%
118,261
|
$6,862,686,000 | 3.36% |
| Costco Whsl Corp New |
13.00%
4,347
|
$3,694,907,000 | 1.81% |
| Procter And Gamble Co |
No change
21,359
|
$3,522,526,000 | 1.73% |
| Philip Morris International Inc |
No change
24,447
|
$2,477,215,000 | 1.21% |
| Ishares Tr |
14.35%
31,186
|
$5,847,763,000 | 2.87% |
| Amazon.com Inc. |
No change
7,774
|
$1,502,325,000 | 0.74% |
| Zimmer Biomet Holdings Inc |
No change
13,126
|
$1,424,565,000 | 0.70% |
| Invesco Exchange Traded Fd T |
No change
7,755
|
$1,273,991,000 | 0.62% |
| JPMorgan Chase & Co. |
45.61%
5,981
|
$1,209,717,000 | 0.59% |
| Vanguard Star Fds |
No change
18,865
|
$1,137,559,000 | 0.56% |
| Capri Holdings Limited |
4.23%
32,807
|
$1,085,256,000 | 0.53% |
| Bristol-Myers Squibb Co. |
No change
25,983
|
$1,079,074,000 | 0.53% |
| Vanguard Index Fds |
3.71%
9,995
|
$1,903,917,000 | 0.93% |
| Microsoft Corporation |
No change
2,073
|
$926,527,000 | 0.45% |
| Kenvue Inc |
No change
46,607
|
$847,315,000 | 0.42% |
| Adobe Inc |
No change
1,270
|
$705,536,000 | 0.35% |
| Ishares Gold Tr |
No change
28,500
|
$661,200,000 | 0.32% |
| Spdr S&p 500 Etf Tr |
No change
1,161
|
$631,839,000 | 0.31% |
| Olink Hldg Ab |
Closed
20,000
|
$470,200,000 | |
| Prologis Inc |
No change
3,990
|
$448,117,000 | 0.22% |
| Abbvie Inc |
No change
2,585
|
$443,379,000 | 0.22% |
| Spdr S&p Midcap 400 Etf Tr |
No change
780
|
$417,362,000 | 0.20% |
| Fifth Third Bancorp |
No change
11,000
|
$401,390,000 | 0.20% |
| Automatic Data Processing In |
No change
1,631
|
$389,303,000 | 0.19% |
| The Southern Co. |
No change
3,739
|
$290,034,000 | 0.14% |
| Ishares Tr |
Closed
2,590
|
$257,524,000 | |
| Vanguard Index Fds |
Closed
2,871
|
$248,284,000 | |
| Mcdonalds Corp |
No change
951
|
$242,353,000 | 0.12% |
| Visa Inc |
No change
917
|
$240,685,000 | 0.12% |
| Vanguard Intl Equity Index F |
Closed
5,385
|
$224,931,000 | |
| Spdr Gold Tr |
No change
1,000
|
$215,010,000 | 0.11% |
| Kroger Co. |
No change
4,222
|
$210,804,000 | 0.10% |
| Crown Crafts, Inc. |
44.46%
37,788
|
$197,631,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 39 holdings | |||
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