Counterweight Ventures 13F annual report
Counterweight Ventures is an investment fund managing more than $132 billion ran by Michael Koch. There are currently 49 companies in Mr. Koch’s portfolio. The largest investments include NVIDIA Corp and Ishares Tr, together worth $47.6 billion.
$132 billion Assets Under Management (AUM)
As of 30th July 2024, Counterweight Ventures’s top holding is 70,684 shares of NVIDIA Corp currently worth over $8.73 billion and making up 6.6% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Counterweight Ventures owns more than approximately 0.1% of the company.
In addition, the fund holds 418,200 shares of Ishares Tr worth $38.8 billion.
The third-largest holding is Apple Inc worth $6.43 billion and the next is Microsoft worth $4.97 billion, with 11,109 shares owned.
Currently, Counterweight Ventures's portfolio is worth at least $132 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 Counterweight Ventures
The Counterweight Ventures office and employees reside in Wilmington, North Carolina. According to the last 13-F report filed with the SEC, Michael Koch serves as the CCO at Counterweight Ventures.
Recent trades
In the most recent 13F filing, Counterweight Ventures revealed that it had increased its stake in
NVIDIA Corp and bought 63,794 additional shares worth around $7 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
32.8%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that Counterweight Ventures is getting rid of from its portfolio.
Counterweight Ventures closed its position in Spdr Ser Tr on 6th August 2024.
It sold the previously owned 6,044 shares for $260 million.
Michael Koch also disclosed a decreased stake in Invesco Exchange Traded Fd T by approximately 0.1%.
This leaves the value of the investment at $3.3 billion and 20,081 shares.
One of the smallest hedge funds
The two most similar investment funds to Counterweight Ventures are Mork Capital Management and Ff Advisors. They manage $133 billion and $133 billion respectively.
Michael Koch investment strategy
Counterweight Ventures’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 20.1% of
the total portfolio value.
The fund focuses on investments in the United States as
65.3% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 4.1% of the portfolio.
The average market cap of the portfolio companies is close to $323 billion.
The complete list of Counterweight Ventures trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| NVIDIA Corp |
925.89%
70,684
|
$8,732,301,000 | 6.59% |
| Ishares Tr |
5.33%
418,200
|
$38,824,088,000 | 29.31% |
| Apple Inc |
2.25%
30,531
|
$6,430,439,000 | 4.86% |
| Microsoft Corporation |
1.72%
11,109
|
$4,965,168,000 | 3.75% |
| Alphabet Inc |
3.48%
26,182
|
$4,802,302,000 | 3.63% |
| Amazon.com Inc. |
1.92%
20,772
|
$4,014,189,000 | 3.03% |
| Royal Bk Cda |
No change
35,227
|
$3,747,448,000 | 2.83% |
| Broadcom Inc |
3.61%
2,181
|
$3,501,661,000 | 2.64% |
| JPMorgan Chase & Co. |
5.11%
16,341
|
$3,305,131,000 | 2.50% |
| Invesco Exchange Traded Fd T |
0.05%
20,081
|
$3,298,907,000 | 2.49% |
| Costco Whsl Corp New |
0.56%
3,790
|
$3,221,462,000 | 2.43% |
| Visa Inc |
2.08%
11,542
|
$3,029,429,000 | 2.29% |
| Abbvie Inc |
0.59%
16,448
|
$2,821,161,000 | 2.13% |
| Vanguard Scottsdale Fds |
9.70%
33,586
|
$2,684,529,000 | 2.03% |
| Chevron Corp. |
3.73%
16,499
|
$2,580,774,000 | 1.95% |
| Merck & Co Inc |
1.24%
20,549
|
$2,543,966,000 | 1.92% |
| Home Depot, Inc. |
2.20%
7,356
|
$2,532,229,000 | 1.91% |
| Palo Alto Networks Inc |
1.68%
7,384
|
$2,503,250,000 | 1.89% |
| Unitedhealth Group Inc |
1.56%
4,808
|
$2,448,522,000 | 1.85% |
| AMGEN Inc. |
2.88%
7,330
|
$2,290,259,000 | 1.73% |
| Vanguard World Fd |
4.75%
8,823
|
$2,075,346,000 | 1.57% |
| Marathon Pete Corp |
7.88%
11,577
|
$2,008,378,000 | 1.52% |
| Nucor Corp. |
3.54%
11,809
|
$1,866,767,000 | 1.41% |
| Caterpillar Inc. |
5.44%
4,997
|
$1,664,501,000 | 1.26% |
| Phillips 66 |
6.09%
11,785
|
$1,663,688,000 | 1.26% |
| Lockheed Martin Corp. |
3.13%
3,458
|
$1,615,232,000 | 1.22% |
| VanEck ETF Trust |
4.57%
4,665
|
$1,474,980,000 | 1.11% |
| Waste Mgmt Inc Del |
0.99%
6,817
|
$1,454,339,000 | 1.10% |
| Bristol-Myers Squibb Co. |
8.18%
26,073
|
$1,082,812,000 | 0.82% |
| Cisco Sys Inc |
4.18%
21,215
|
$1,007,925,000 | 0.76% |
| Select Sector Spdr Tr |
3.85%
23,646
|
$972,087,000 | 0.73% |
| Duke Energy Corp. |
0.36%
9,614
|
$963,611,000 | 0.73% |
| Advanced Micro Devices Inc. |
5.64%
5,020
|
$814,294,000 | 0.61% |
| Verizon Communications Inc |
5.65%
14,717
|
$606,929,000 | 0.46% |
| Qualcomm, Inc. |
No change
2,948
|
$587,183,000 | 0.44% |
| Exxon Mobil Corp. |
No change
4,649
|
$535,193,000 | 0.40% |
| Adobe Inc |
9.65%
824
|
$457,765,000 | 0.35% |
| Kraft Heinz Co |
3.70%
12,222
|
$393,793,000 | 0.30% |
| Seagate Technology Hldngs Pl |
No change
3,750
|
$387,263,000 | 0.29% |
| RTX Corp |
0.57%
3,830
|
$384,494,000 | 0.29% |
| NextEra Energy Inc |
No change
4,757
|
$336,843,000 | 0.25% |
| Spdr Index Shs Fds |
No change
9,675
|
$333,110,000 | 0.25% |
| Kimco Rlty Corp |
No change
13,728
|
$267,147,000 | 0.20% |
| Spdr Ser Tr |
Closed
6,044
|
$260,134,000 | |
| Salesforce Inc |
1.48%
1,000
|
$257,100,000 | 0.19% |
| Shell Plc |
No change
3,175
|
$229,172,000 | 0.17% |
| Pepsico Inc |
No change
1,384
|
$228,263,000 | 0.17% |
| Spdr S&p Midcap 400 Etf Tr |
No change
400
|
$214,032,000 | 0.16% |
| Johnson & Johnson |
No change
1,378
|
$201,408,000 | 0.15% |
| Biocryst Pharmaceuticals Inc. |
No change
13,500
|
$83,430,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||
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