Nvest 13F annual report
Nvest is an investment fund managing more than $160 billion ran by Justin Happ. There are currently 69 companies in Mr. Happ’s portfolio. The largest investments include Ishares Tr and Spdr Gold Tr, together worth $43.3 billion.
$160 billion Assets Under Management (AUM)
As of 12th July 2024, Nvest’s top holding is 201,095 shares of Ishares Tr currently worth over $34.2 billion and making up 21.4% of the portfolio value.
In addition, the fund holds 42,012 shares of Spdr Gold Tr worth $9.03 billion.
The third-largest holding is Spdr Sp 500 Etf Tr worth $7.35 billion and the next is Apple Inc worth $7.13 billion, with 33,865 shares owned.
Currently, Nvest's portfolio is worth at least $160 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 Nvest
The Nvest office and employees reside in Portsmouth, New Hampshire. According to the last 13-F report filed with the SEC, Justin Happ serves as the Compliance Manager at Nvest.
Recent trades
In the most recent 13F filing, Nvest revealed that it had opened a new position in
Aim Etf Products Trust and bought 102,390 shares worth $3.4 billion.
The investment fund also strengthened its position in Ishares Tr by buying
8,837 additional shares.
This makes their stake in Ishares Tr total 201,095 shares worth $34.2 billion.
On the other hand, there are companies that Nvest is getting rid of from its portfolio.
Nvest closed its position in Crown Castle Inc on 19th July 2024.
It sold the previously owned 21,931 shares for $2.32 billion.
Justin Happ also disclosed a decreased stake in Spdr Gold Tr by 0.1%.
This leaves the value of the investment at $9.03 billion and 42,012 shares.
One of the smallest hedge funds
The two most similar investment funds to Nvest are Minerva Advisors and New Insight Wealth Advisors. They manage $160 billion and $160 billion respectively.
Justin Happ investment strategy
Nvest’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 9.4% of
the total portfolio value.
The fund focuses on investments in the United States as
52.2% 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
54% 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 $302 billion.
The complete list of Nvest trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| Ishares Tr |
4.60%
201,095
|
$34,244,571,000 | 21.39% |
| Spdr Gold Tr |
13.89%
42,012
|
$9,033,097,000 | 5.64% |
| Spdr Sp 500 Etf Tr |
9.59%
13,498
|
$7,345,737,000 | 4.59% |
| Apple Inc |
1.52%
33,865
|
$7,132,674,000 | 4.46% |
| Berkshire Hathaway Inc. |
3.72%
13,259
|
$5,393,794,000 | 3.37% |
| Microsoft Corporation |
0.42%
10,711
|
$4,787,193,000 | 2.99% |
| Walmart Inc |
4.02%
69,887
|
$4,732,037,000 | 2.96% |
| Alphabet Inc |
3.16%
27,792
|
$5,064,675,000 | 3.16% |
| Amazon.com Inc. |
4.95%
23,367
|
$4,515,673,000 | 2.82% |
| Vanguard World Fd |
4.33%
50,938
|
$12,833,144,000 | 8.02% |
| Jpmorgan Chase Co. |
0.10%
17,782
|
$3,596,548,000 | 2.25% |
| Pepsico Inc |
2.65%
19,753
|
$3,257,853,000 | 2.04% |
| Chevron Corp. |
6.30%
17,367
|
$2,716,531,000 | 1.70% |
| RTX Corp |
3.69%
26,451
|
$2,655,408,000 | 1.66% |
| Pacer Fds Tr |
16.03%
47,847
|
$2,607,184,000 | 1.63% |
| Spdr Ser Tr |
9.59%
30,236
|
$2,422,821,000 | 1.51% |
| Tjx Cos Inc New |
4.40%
21,607
|
$2,378,950,000 | 1.49% |
| Crown Castle Inc |
Closed
21,931
|
$2,320,951,000 | |
| NextEra Energy Inc |
16.54%
30,509
|
$2,160,315,000 | 1.35% |
| Netflix Inc. |
58.63%
3,144
|
$2,121,823,000 | 1.33% |
| Invesco Exchange Traded Fd T |
0.96%
62,437
|
$2,929,890,000 | 1.83% |
| Costco Whsl Corp New |
33.12%
2,315
|
$1,967,449,000 | 1.23% |
| Visa Inc |
7.79%
7,310
|
$1,918,771,000 | 1.20% |
| Progressive Corp. |
7.08%
9,210
|
$1,912,989,000 | 1.20% |
| Zoetis Inc |
9.90%
9,745
|
$1,689,375,000 | 1.06% |
| NVIDIA Corp |
990.05%
13,146
|
$1,624,071,000 | 1.01% |
| Aim Etf Products Trust |
Opened
102,390
|
$3,396,755,000 | 2.12% |
| Thermo Fisher Scientific Inc. |
7.29%
2,694
|
$1,489,786,000 | 0.93% |
| Eli Lilly Co |
0.78%
1,528
|
$1,383,158,000 | 0.86% |
| Meta Platforms Inc |
29.20%
2,540
|
$1,280,552,000 | 0.80% |
| Vanguard Index Fds |
4.89%
4,954
|
$1,199,314,000 | 0.75% |
| Chipotle Mexican Grill |
6,824.81%
18,697
|
$1,171,367,000 | 0.73% |
| CVS Health Corp |
Closed
14,188
|
$1,131,644,000 | |
| Lockheed Martin Corp. |
18.74%
2,408
|
$1,124,770,000 | 0.70% |
| Select Sector Spdr Tr |
9.06%
16,497
|
$1,124,110,000 | 0.70% |
| Tesla Inc |
Closed
6,213
|
$1,092,183,000 | |
| Idexx Labs Inc |
13.28%
2,132
|
$1,038,710,000 | 0.65% |
| Aim Etf Products Trust |
2.60%
41,029
|
$1,300,064,000 | 0.81% |
| Adobe Inc |
78.36%
1,657
|
$920,530,000 | 0.58% |
| Pacer Fds Tr |
Opened
21,078
|
$918,158,000 | 0.57% |
| Danaher Corp. |
3.01%
3,411
|
$852,145,000 | 0.53% |
| Medtronic Plc |
21.32%
9,419
|
$741,386,000 | 0.46% |
| Wabtec |
38.63%
3,958
|
$625,618,000 | 0.39% |
| Micron Technology Inc. |
8.07%
4,717
|
$620,486,000 | 0.39% |
| Procter And Gamble Co |
1.33%
3,649
|
$601,818,000 | 0.38% |
| Sherwin-Williams Co. |
Opened
1,907
|
$569,148,000 | 0.36% |
| T-Mobile US Inc |
142.37%
3,049
|
$537,163,000 | 0.34% |
| AGCO Corp. |
Closed
4,117
|
$506,461,000 | |
| Automatic Data Processing In |
127.08%
2,071
|
$494,243,000 | 0.31% |
| Salesforce Inc |
Opened
1,905
|
$489,658,000 | 0.31% |
| Constellation Brands Inc |
0.11%
1,872
|
$481,531,000 | 0.30% |
| Teledyne Technologies Inc |
11.80%
1,241
|
$481,483,000 | 0.30% |
| Northrop Grumman Corp. |
10.58%
1,066
|
$464,716,000 | 0.29% |
| Abbott Labs |
0.09%
4,446
|
$462,002,000 | 0.29% |
| Exxon Mobil Corp. |
0.36%
3,906
|
$449,691,000 | 0.28% |
| Mastercard Incorporated |
6.95%
969
|
$427,385,000 | 0.27% |
| Asml Holding N V |
Opened
413
|
$422,443,000 | 0.26% |
| Air Prods Chems Inc |
Opened
1,600
|
$412,880,000 | 0.26% |
| Vanguard World Fd |
Opened
1,801
|
$365,657,000 | 0.23% |
| Mcdonalds Corp |
Opened
1,176
|
$299,759,000 | 0.19% |
| Parker-Hannifin Corp. |
2.08%
589
|
$297,950,000 | 0.19% |
| Dexcom Inc |
No change
2,576
|
$292,067,000 | 0.18% |
| Bank America Corp |
3.91%
6,742
|
$268,118,000 | 0.17% |
| Builders Firstsource Inc |
Closed
1,277
|
$266,318,000 | |
| Vanguard Tax-managed Fds |
2.97%
4,962
|
$245,199,000 | 0.15% |
| Stryker Corp. |
Opened
697
|
$236,994,000 | 0.15% |
| Cisco Sys Inc |
0.18%
4,986
|
$236,873,000 | 0.15% |
| Vertex Pharmaceuticals, Inc. |
0.60%
499
|
$233,891,000 | 0.15% |
| Airbnb, Inc. |
Opened
1,432
|
$217,134,000 | 0.14% |
| ServiceNow Inc |
Opened
270
|
$212,401,000 | 0.13% |
| M/i Homes Inc |
12.24%
1,733
|
$211,669,000 | 0.13% |
| Regeneron Pharmaceuticals, Inc. |
Opened
200
|
$210,206,000 | 0.13% |
| J P Morgan Exchange Traded F |
Opened
3,637
|
$206,145,000 | 0.13% |
| Spdr Ser Tr |
Closed
1,543
|
$202,499,000 | |
| Electra Battery Materials Co |
No change
10,000
|
$4,200,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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