Lewis Asset Management 13F annual report
Lewis Asset Management is an investment fund managing more than $130 billion ran by David Lewis. There are currently 100 companies in Mr. Lewis’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $28.7 billion.
$130 billion Assets Under Management (AUM)
As of 23rd July 2024, Lewis Asset Management’s top holding is 119,243 shares of NVIDIA Corp currently worth over $14.7 billion and making up 11.4% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Lewis Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 66,503 shares of Apple Inc worth $14 billion, whose value grew 19.3% in the past six months.
The third-largest holding is Meta Platforms Inc worth $7.83 billion and the next is Microsoft worth $6.57 billion, with 14,692 shares owned.
Currently, Lewis Asset Management's portfolio is worth at least $130 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 Lewis Asset Management
The Lewis Asset Management office and employees reside in Lafayette, California. According to the last 13-F report filed with the SEC, David Lewis serves as the Chief Compliance Officer at Lewis Asset Management.
Recent trades
In the most recent 13F filing, Lewis Asset Management revealed that it had opened a new position in
Crinetics Pharmaceuticals In and bought 12,395 shares worth $555 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
107,606 additional shares.
This makes their stake in NVIDIA Corp total 119,243 shares worth $14.7 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Lewis Asset Management is getting rid of from its portfolio.
Lewis Asset Management closed its position in Hawaiian Elec Industries on 30th July 2024.
It sold the previously owned 25,400 shares for $286 million.
David Lewis also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $14 billion and 66,503 shares.
One of the smallest hedge funds
The two most similar investment funds to Lewis Asset Management are Stonecrest Wealth Management and Smallwood Wealth Investment Management. They manage $130 billion and $129 billion respectively.
David Lewis investment strategy
Lewis Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 36.7% of
the total portfolio value.
The fund focuses on investments in the United States as
58.0% 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
53% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $228 billion.
The complete list of Lewis Asset Management trades based on 13F SEC filings
These positions were updated on July 30th 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 |
924.69%
119,243
|
$14,731,276,000 | 11.37% |
| Apple Inc |
2.38%
66,503
|
$14,006,791,000 | 10.81% |
| Meta Platforms Inc |
0.90%
15,537
|
$7,834,137,000 | 6.05% |
| Microsoft Corporation |
0.71%
14,692
|
$6,566,637,000 | 5.07% |
| Amazon.com Inc. |
2.40%
24,641
|
$4,761,957,000 | 3.68% |
| Spdr Ser Tr |
1.24%
55,477
|
$5,714,733,000 | 4.41% |
| Berkshire Hathaway Inc. |
2.22%
8,075
|
$5,120,413,000 | 3.95% |
| Alphabet Inc |
0.45%
26,284
|
$4,809,906,000 | 3.71% |
| Rithm Capital Corp |
0.19%
263,881
|
$2,878,937,000 | 2.22% |
| Ishares Tr |
0.57%
83,119
|
$7,441,038,000 | 5.74% |
| Crowdstrike Holdings Inc |
1.79%
6,816
|
$2,611,823,000 | 2.02% |
| Angel Oak Funds Trust |
1.89%
44,086
|
$2,243,525,000 | 1.73% |
| Abbvie Inc |
1.65%
10,333
|
$1,772,358,000 | 1.37% |
| Broadcom Inc |
15.92%
1,092
|
$1,752,550,000 | 1.35% |
| Salesforce Inc |
0.87%
6,492
|
$1,669,096,000 | 1.29% |
| Viking Therapeutics Inc |
64.00%
26,445
|
$1,401,849,000 | 1.08% |
| Atlassian Corporation |
24.85%
7,438
|
$1,315,633,000 | 1.02% |
| Eli Lilly & Co |
0.84%
1,181
|
$1,069,254,000 | 0.83% |
| Advanced Micro Devices Inc. |
0.05%
6,509
|
$1,055,772,000 | 0.82% |
| Intellia Therapeutics Inc |
52.10%
46,533
|
$1,041,409,000 | 0.80% |
| Toast, Inc. |
12.82%
39,228
|
$1,010,906,000 | 0.78% |
| Schwab Strategic Tr |
2.96%
35,277
|
$1,425,548,000 | 1.10% |
| Costco Whsl Corp New |
3.17%
1,108
|
$941,567,000 | 0.73% |
| J P Morgan Exchange Traded F |
2.62%
16,449
|
$932,356,000 | 0.72% |
| Verizon Communications Inc |
1.06%
20,738
|
$855,235,000 | 0.66% |
| Oracle Corp. |
11.35%
6,054
|
$854,761,000 | 0.66% |
| Procter And Gamble Co |
3.20%
5,021
|
$828,002,000 | 0.64% |
| Valero Energy Corp. |
1.93%
5,247
|
$822,552,000 | 0.64% |
| Intuitive Surgical Inc |
3.40%
1,825
|
$811,851,000 | 0.63% |
| Pfizer Inc. |
22.99%
28,144
|
$787,463,000 | 0.61% |
| Vanguard Scottsdale Fds |
No change
8,109
|
$760,669,000 | 0.59% |
| Novo-nordisk A S |
3.64%
5,290
|
$755,151,000 | 0.58% |
| Disney Walt Co |
0.88%
7,246
|
$719,464,000 | 0.56% |
| Qualcomm, Inc. |
6.24%
3,574
|
$711,949,000 | 0.55% |
| ServiceNow Inc |
18.77%
892
|
$702,014,000 | 0.54% |
| Boeing Co. |
28.12%
3,830
|
$697,127,000 | 0.54% |
| Cheniere Energy Inc. |
8.46%
3,886
|
$679,315,000 | 0.52% |
| Tesla Inc |
55.10%
3,254
|
$643,907,000 | 0.50% |
| Kimberly-Clark Corp. |
2.27%
4,586
|
$633,739,000 | 0.49% |
| Proshares Tr |
4.93%
15,746
|
$1,168,535,000 | 0.90% |
| Johnson & Johnson |
2.17%
4,284
|
$626,192,000 | 0.48% |
| American Express Co. |
3.49%
2,669
|
$618,065,000 | 0.48% |
| Goldman Sachs Group, Inc. |
2.03%
1,308
|
$591,686,000 | 0.46% |
| Select Sector Spdr Tr |
3.60%
7,593
|
$1,041,942,000 | 0.80% |
| Visa Inc |
1.32%
2,172
|
$570,111,000 | 0.44% |
| Unitedhealth Group Inc |
15.69%
1,112
|
$566,331,000 | 0.44% |
| International Business Machs |
7.71%
3,268
|
$565,155,000 | 0.44% |
| Blackstone Inc |
30.33%
4,534
|
$561,288,000 | 0.43% |
| Crinetics Pharmaceuticals In |
Opened
12,395
|
$555,172,000 | 0.43% |
| Ares Capital Corp |
3.33%
25,630
|
$534,128,000 | 0.41% |
| Snowflake Inc. |
41.44%
3,925
|
$530,228,000 | 0.41% |
| Vanguard World Fd |
4.92%
4,755
|
$474,896,000 | 0.37% |
| Lowes Cos Inc |
0.19%
2,149
|
$473,786,000 | 0.37% |
| Enterprise Prods Partners L |
No change
16,075
|
$465,854,000 | 0.36% |
| Tjx Cos Inc New |
2.21%
4,162
|
$458,257,000 | 0.35% |
| Enbridge Inc |
26.53%
12,161
|
$432,827,000 | 0.33% |
| Fidelity D & D Bancorp Inc |
16.13%
9,809
|
$429,644,000 | 0.33% |
| VanEck ETF Trust |
2.13%
1,629
|
$424,580,000 | 0.33% |
| Progressive Corp. |
No change
2,032
|
$422,038,000 | 0.33% |
| Shift4 Pmts Inc |
1.34%
5,510
|
$404,159,000 | 0.31% |
| JPMorgan Chase & Co. |
7.27%
1,903
|
$384,891,000 | 0.30% |
| Albemarle Corp. |
15.46%
3,993
|
$381,450,000 | 0.29% |
| Devon Energy Corp. |
6.36%
7,997
|
$379,073,000 | 0.29% |
| AMGEN Inc. |
4.41%
1,207
|
$377,225,000 | 0.29% |
| EQT Corp |
0.10%
10,160
|
$375,724,000 | 0.29% |
| Innovator ETFs Trust |
0.93%
15,108
|
$640,616,000 | 0.49% |
| Marvell Technology Inc |
19.31%
5,223
|
$365,063,000 | 0.28% |
| Cincinnati Finl Corp |
4.82%
3,044
|
$359,524,000 | 0.28% |
| Applied Matls Inc |
No change
1,522
|
$359,177,000 | 0.28% |
| Super Micro Computer Inc |
78.37%
437
|
$358,056,000 | 0.28% |
| M & T Bk Corp |
0.94%
2,317
|
$350,691,000 | 0.27% |
| Monolithic Pwr Sys Inc |
3.69%
422
|
$346,846,000 | 0.27% |
| Chevron Corp. |
2.51%
2,209
|
$345,458,000 | 0.27% |
| Air Prods & Chems Inc |
6.87%
1,328
|
$342,567,000 | 0.26% |
| Palo Alto Networks Inc |
Opened
983
|
$333,247,000 | 0.26% |
| Roper Technologies Inc |
2.21%
574
|
$323,499,000 | 0.25% |
| Home Depot, Inc. |
25.44%
917
|
$315,562,000 | 0.24% |
| Digital Rlty Tr Inc |
0.78%
2,055
|
$312,416,000 | 0.24% |
| Boston Scientific Corp. |
No change
3,957
|
$304,729,000 | 0.24% |
| Exxon Mobil Corp. |
13.80%
2,623
|
$301,934,000 | 0.23% |
| Mastercard Incorporated |
57.08%
677
|
$298,833,000 | 0.23% |
| Abbott Labs |
0.25%
2,858
|
$296,994,000 | 0.23% |
| Appfolio Inc |
1.77%
1,205
|
$294,707,000 | 0.23% |
| Hawaiian Elec Industries |
Closed
25,400
|
$286,258,000 | |
| Global X Fds |
7.96%
24,319
|
$569,607,000 | 0.44% |
| Waste Connections Inc |
No change
1,618
|
$283,750,000 | 0.22% |
| Walmart Inc |
0.51%
4,178
|
$282,866,000 | 0.22% |
| Spdr S&p Midcap 400 Etf Tr |
0.19%
527
|
$282,108,000 | 0.22% |
| Bristol-Myers Squibb Co. |
29.76%
6,553
|
$272,135,000 | 0.21% |
| Merck & Co Inc |
2.54%
2,178
|
$269,595,000 | 0.21% |
| Aflac Inc. |
3.83%
2,871
|
$256,414,000 | 0.20% |
| Automatic Data Processing In |
0.09%
1,071
|
$255,715,000 | 0.20% |
| Cisco Sys Inc |
Opened
5,203
|
$247,217,000 | 0.19% |
| Sysco Corp. |
6.98%
3,293
|
$235,093,000 | 0.18% |
| Coca-Cola Co |
5.86%
3,611
|
$229,842,000 | 0.18% |
| Price T Rowe Group Inc |
3.73%
1,946
|
$224,370,000 | 0.17% |
| Jacobs Solutions Inc |
Closed
1,394
|
$214,261,000 | |
| Manulife Finl Corp |
0.44%
8,007
|
$213,146,000 | 0.16% |
| Chipotle Mexican Grill |
Opened
3,197
|
$200,289,000 | 0.15% |
| Equitrans Midstream Corporation |
0.04%
13,021
|
$169,017,000 | 0.13% |
| Donegal Group Inc. |
Closed
10,902
|
$154,158,000 | |
| Snap Inc |
Closed
12,000
|
$137,760,000 | |
| Cybin Inc |
7.09%
302,000
|
$81,842,000 | 0.06% |
| Bionomics Limited |
53.33%
23,000
|
$17,641,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 104 holdings | |||
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