Prosperity 13F annual report
Prosperity is an investment fund managing more than $160 billion ran by Elliot Kallen. There are currently 112 companies in Mr. Kallen’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $17.8 billion.
$160 billion Assets Under Management (AUM)
As of 8th May 2024, Prosperity’s top holding is 60,230 shares of Apple Inc currently worth over $10.3 billion and making up 6.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Prosperity owns more than approximately 0.1% of the company.
In addition, the fund holds 17,794 shares of Microsoft worth $7.49 billion, whose value grew 12.7% in the past six months.
The third-largest holding is First Tr Exchange-traded Fd worth $5.38 billion and the next is Spdr Ser Tr worth $7.06 billion, with 82,150 shares owned.
Currently, Prosperity'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 Prosperity
The Prosperity office and employees reside in San Ramon, California. According to the last 13-F report filed with the SEC, Elliot Kallen serves as the Chief Compliance Officer at Prosperity.
Recent trades
In the most recent 13F filing, Prosperity revealed that it had opened a new position in
First Tr Exchange-traded Fd and bought 111,555 shares worth $5.38 billion.
The investment fund also strengthened its position in Apple Inc by buying
1,866 additional shares.
This makes their stake in Apple Inc total 60,230 shares worth $10.3 billion.
Apple Inc soared 8.9% in the past year.
On the other hand, there are companies that Prosperity is getting rid of from its portfolio.
Prosperity closed its position in Capital Group Core Equity Et on 15th May 2024.
It sold the previously owned 62,849 shares for $1.78 billion.
Elliot Kallen also disclosed a decreased stake in Putnam ETF Trust by 0.1%.
This leaves the value of the investment at $10.7 billion and 312,424 shares.
One of the smallest hedge funds
The two most similar investment funds to Prosperity are Parus Finance (uk) Ltd and Emory University. They manage $160 billion and $160 billion respectively.
Elliot Kallen investment strategy
Prosperity’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 14.0% of
the total portfolio value.
The fund focuses on investments in the United States as
46.4% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $229 billion.
The complete list of Prosperity trades based on 13F SEC filings
These positions were updated on May 15th 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 |
3.20%
60,230
|
$10,328,225,000 | 6.44% |
| Microsoft Corporation |
6.83%
17,794
|
$7,486,359,000 | 4.67% |
| First Tr Exchange-traded Fd |
Opened
111,555
|
$5,382,545,000 | 3.35% |
| Spdr Ser Tr |
0.25%
82,150
|
$7,064,670,000 | 4.40% |
| First Tr Exchng Traded Fd Vi |
42.56%
289,460
|
$8,177,903,000 | 5.10% |
| Putnam ETF Trust |
12.25%
312,424
|
$10,687,622,000 | 6.66% |
| Global X Fds |
27.32%
181,981
|
$6,188,511,000 | 3.86% |
| First Tr Exchange Traded Fd |
39.68%
108,736
|
$6,352,910,000 | 3.96% |
| NVIDIA Corp |
16.91%
4,363
|
$3,942,266,000 | 2.46% |
| American Centy Etf Tr |
90.47%
135,637
|
$9,918,587,000 | 6.18% |
| Proshares Tr |
Opened
71,300
|
$3,051,640,000 | 1.90% |
| Grayscale Bitcoin Tr Btc |
Opened
45,733
|
$2,888,954,000 | 1.80% |
| Ishares Tr |
141.98%
83,195
|
$6,104,621,000 | 3.80% |
| Amazon.com Inc. |
0.95%
14,572
|
$2,628,498,000 | 1.64% |
| Alphabet Inc |
1.93%
21,987
|
$3,326,853,000 | 2.07% |
| J P Morgan Exchange Traded F |
40.20%
82,369
|
$4,613,842,000 | 2.88% |
| First Tr Exchange-traded Fd |
67.14%
182,548
|
$7,830,210,000 | 4.88% |
| Costco Whsl Corp New |
4.01%
2,980
|
$2,183,340,000 | 1.36% |
| Proshares Tr |
22.22%
40,738
|
$3,096,072,000 | 1.93% |
| Capital Group Core Equity Et |
Closed
62,849
|
$1,778,627,000 | |
| Home Depot, Inc. |
10.61%
4,474
|
$1,716,290,000 | 1.07% |
| Spdr S&p 500 Etf Tr |
0.59%
2,885
|
$1,509,057,000 | 0.94% |
| Meta Platforms Inc |
5.75%
2,869
|
$1,393,218,000 | 0.87% |
| Accenture Plc Ireland |
3.24%
3,891
|
$1,348,660,000 | 0.84% |
| Eli Lilly & Co |
12.80%
1,719
|
$1,337,546,000 | 0.83% |
| Visa Inc |
11.36%
4,744
|
$1,324,019,000 | 0.83% |
| Fidelity Merrimack Str Tr |
192.19%
27,305
|
$1,237,170,000 | 0.77% |
| Marsh & McLennan Cos., Inc. |
1.13%
5,705
|
$1,175,116,000 | 0.73% |
| JPMorgan Chase & Co. |
59.86%
5,763
|
$1,154,393,000 | 0.72% |
| Franklin Templeton Etf Tr |
Opened
33,804
|
$1,147,308,000 | 0.72% |
| Broadcom Inc. |
8.72%
860
|
$1,140,011,000 | 0.71% |
| Strategy Shs |
No change
27,543
|
$1,059,009,000 | 0.66% |
| Palantir Technologies Inc. |
0.58%
44,455
|
$1,022,910,000 | 0.64% |
| Unitedhealth Group Inc |
6.47%
1,992
|
$985,562,000 | 0.61% |
| Proshares Tr |
Closed
13,480
|
$937,935,000 | |
| Abbvie Inc |
12.86%
5,012
|
$912,724,000 | 0.57% |
| Tesla Inc |
18.60%
4,629
|
$813,732,000 | 0.51% |
| Goldman Sachs Etf Tr |
Opened
7,187
|
$745,939,000 | 0.46% |
| KLA Corp. |
7.06%
1,061
|
$741,183,000 | 0.46% |
| Zoetis Inc |
2.19%
4,336
|
$733,767,000 | 0.46% |
| Berkshire Hathaway Inc. |
7.90%
1,708
|
$718,248,000 | 0.45% |
| Ferrari N.V. |
4.01%
1,556
|
$678,323,000 | 0.42% |
| Procter And Gamble Co |
19.14%
4,114
|
$667,503,000 | 0.42% |
| Walmart Inc |
514.71%
11,077
|
$666,504,000 | 0.42% |
| Royal Caribbean Group |
4.52%
4,742
|
$659,185,000 | 0.41% |
| Advisors Inner Circle Fd Iii |
Closed
26,342
|
$649,451,000 | |
| Johnson & Johnson |
9.25%
4,085
|
$646,228,000 | 0.40% |
| Caterpillar Inc. |
7.92%
1,704
|
$624,397,000 | 0.39% |
| Disney Walt Co |
0.32%
5,046
|
$617,481,000 | 0.38% |
| Chevron Corp. |
1.94%
3,883
|
$612,500,000 | 0.38% |
| First Tr Exchng Traded Fd Vi |
Opened
30,030
|
$884,344,000 | 0.55% |
| Mastercard Incorporated |
4.17%
1,198
|
$577,047,000 | 0.36% |
| Advanced Micro Devices Inc. |
6.35%
3,150
|
$568,544,000 | 0.35% |
| Capital Grp Fixed Incm Etf T |
13.14%
25,070
|
$563,065,000 | 0.35% |
| Republic Svcs Inc |
10.84%
2,924
|
$559,853,000 | 0.35% |
| Vanguard Index Fds |
8.43%
6,364
|
$1,450,219,000 | 0.90% |
| Gladstone Invt Corp |
0.67%
36,800
|
$523,664,000 | 0.33% |
| Exchange Traded Concepts Tru |
Opened
36,140
|
$518,609,000 | 0.32% |
| Lululemon Athletica inc. |
2.08%
1,325
|
$517,611,000 | 0.32% |
| Invesco Exchange Traded Fd T |
0.02%
5,158
|
$509,528,000 | 0.32% |
| MGM Resorts International |
9.27%
10,288
|
$485,696,000 | 0.30% |
| Spdr Gold Tr |
13.15%
2,319
|
$477,065,000 | 0.30% |
| Samsara Inc. |
Opened
12,566
|
$474,869,000 | 0.30% |
| Invesco Exchange Traded Fd T |
Opened
4,672
|
$474,535,000 | 0.30% |
| The Southern Co. |
12.23%
6,542
|
$469,315,000 | 0.29% |
| Merck & Co Inc |
5.18%
3,410
|
$449,916,000 | 0.28% |
| ServiceNow Inc |
5.91%
573
|
$436,855,000 | 0.27% |
| Spdr Index Shs Fds |
42.27%
12,025
|
$430,976,000 | 0.27% |
| Pgim Etf Tr |
Closed
8,509
|
$420,265,000 | |
| Select Sector Spdr Tr |
16.85%
4,403
|
$415,687,000 | 0.26% |
| S&P Global Inc |
11.76%
969
|
$412,261,000 | 0.26% |
| Elevance Health Inc |
4.54%
737
|
$382,164,000 | 0.24% |
| Textron Inc. |
4.69%
3,815
|
$365,973,000 | 0.23% |
| Dexcom Inc |
0.91%
2,564
|
$355,627,000 | 0.22% |
| Cisco Sys Inc |
8.88%
7,124
|
$355,566,000 | 0.22% |
| Adobe Inc |
6.21%
684
|
$345,146,000 | 0.22% |
| Intuitive Surgical Inc |
9.10%
827
|
$330,047,000 | 0.21% |
| Deere & Co. |
3.89%
802
|
$329,310,000 | 0.21% |
| Salesforce Inc |
10.37%
1,064
|
$320,456,000 | 0.20% |
| Ishares Tr |
Closed
3,830
|
$314,236,000 | |
| Lam Research Corp. |
4.56%
321
|
$311,874,000 | 0.19% |
| International Business Machs |
0.62%
1,624
|
$310,025,000 | 0.19% |
| HubSpot Inc |
6.26%
492
|
$308,268,000 | 0.19% |
| KBR Inc |
8.73%
4,783
|
$304,486,000 | 0.19% |
| First Tr Exchange Traded Fd |
Opened
2,649
|
$303,602,000 | 0.19% |
| Abbott Labs |
9.62%
2,667
|
$303,123,000 | 0.19% |
| Eaton Corp Plc |
Opened
944
|
$295,170,000 | 0.18% |
| Innovator ETFs Trust |
No change
8,009
|
$289,138,000 | 0.18% |
| Dominos Pizza Inc |
9.07%
577
|
$286,700,000 | 0.18% |
| Vanguard World Fd |
0.68%
1,477
|
$276,007,000 | 0.17% |
| Workday Inc |
6.17%
981
|
$267,568,000 | 0.17% |
| Pfizer Inc. |
25.37%
9,232
|
$256,179,000 | 0.16% |
| Transdigm Group Incorporated |
Opened
207
|
$254,941,000 | 0.16% |
| Spdr Ser Tr |
Opened
2,738
|
$251,348,000 | 0.16% |
| Exxon Mobil Corp. |
1.04%
2,129
|
$247,477,000 | 0.15% |
| Allegro Microsystems Inc |
7.97%
8,999
|
$242,613,000 | 0.15% |
| Cleanspark Inc |
No change
11,385
|
$241,476,000 | 0.15% |
| Spdr Index Shs Fds |
Closed
6,697
|
$237,141,000 | |
| Boeing Co. |
Closed
908
|
$236,679,000 | |
| Martin Marietta Matls Inc |
Opened
385
|
$236,367,000 | 0.15% |
| First Tr Exchange Traded Fd |
Closed
2,174
|
$225,124,000 | |
| Pepsico Inc |
Opened
1,254
|
$219,509,000 | 0.14% |
| Emcor Group, Inc. |
Opened
622
|
$217,824,000 | 0.14% |
| Dollar Gen Corp New |
Opened
1,379
|
$215,207,000 | 0.13% |
| Sterling Infrastructure Inc |
Opened
1,927
|
$212,567,000 | 0.13% |
| CMS Energy Corporation |
6.63%
3,519
|
$212,358,000 | 0.13% |
| Innovator ETFs Trust |
Opened
5,367
|
$209,903,000 | 0.13% |
| Lantheus Holdings Inc |
Opened
3,333
|
$207,446,000 | 0.13% |
| Shopify Inc |
No change
2,680
|
$206,816,000 | 0.13% |
| Parker-Hannifin Corp. |
Opened
370
|
$205,642,000 | 0.13% |
| Alps Etf Tr |
Opened
4,160
|
$205,546,000 | 0.13% |
| Virtus Convertible & Income |
7.65%
55,443
|
$185,180,000 | 0.12% |
| Energy Transfer L P |
1.44%
10,550
|
$165,952,000 | 0.10% |
| Heartcore Enterprises Inc |
No change
109,000
|
$105,185,000 | 0.07% |
| Medical Pptys Trust Inc |
31.09%
20,741
|
$97,481,000 | 0.06% |
| Lexicon Pharmaceuticals Inc |
No change
31,500
|
$75,600,000 | 0.05% |
| Templeton Emerging Mkts Inco |
Closed
11,597
|
$59,143,000 | |
| Fisker Inc. |
Closed
17,200
|
$30,100,000 | |
| Lulus Fashion Lounge Holding |
No change
19,429
|
$27,201,000 | 0.02% |
| Sellas Life Sciences Group I |
Opened
25,385
|
$25,639,000 | 0.02% |
| Safety Shot Inc |
No change
10,000
|
$23,900,000 | 0.01% |
| Comstock Inc |
25.36%
41,200
|
$14,989,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 122 holdings | |||
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