Foundry 13F annual report
Foundry is an investment fund managing more than $145 billion ran by Michael Fogarty. There are currently 18 companies in Mr. Fogarty’s portfolio. The largest investments include Ishares Tr and American Centy Etf Tr, together worth $99.9 billion.
$145 billion Assets Under Management (AUM)
As of 2nd August 2024, Foundry’s top holding is 1,354,815 shares of Ishares Tr currently worth over $82.9 billion and making up 57.1% of the portfolio value.
In addition, the fund holds 298,980 shares of American Centy Etf Tr worth $17 billion.
The third-largest holding is John Hancock Exchange Traded worth $14.9 billion and the next is J P Morgan Exchange Traded F worth $11.1 billion, with 154,570 shares owned.
Currently, Foundry's portfolio is worth at least $145 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 Foundry
The Foundry office and employees reside in Laconia, New Hampshire. According to the last 13-F report filed with the SEC, Michael Fogarty serves as the Chief Compliance Officer at Foundry.
Recent trades
In the most recent 13F filing, Foundry revealed that it had opened a new position in
J P Morgan Exchange Traded F and bought 154,570 shares worth $11.1 billion.
The investment fund also strengthened its position in American Centy Etf Tr by buying
95,789 additional shares.
This makes their stake in American Centy Etf Tr total 298,980 shares worth $17 billion.
On the other hand, there are companies that Foundry is getting rid of from its portfolio.
Foundry closed its position in J P Morgan Exchange Traded F on 9th August 2024.
It sold the previously owned 104,671 shares for $6.06 billion.
Michael Fogarty also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $82.9 billion and 1,354,815 shares.
One of the smallest hedge funds
The two most similar investment funds to Foundry are Nan Fung Ltd and Tranquilli Advisor. They manage $145 billion and $145 billion respectively.
Michael Fogarty investment strategy
Foundry’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Finance — making up 1.3% of
the total portfolio value.
The fund focuses on investments in the United States as
38.9% 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
39% of the total holdings value.
On the other hand, small-cap stocks make up only 5.6% of the portfolio.
The average market cap of the portfolio companies is close to $768 billion.
The complete list of Foundry trades based on 13F SEC filings
These positions were updated on August 9th 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 |
1.07%
1,354,815
|
$82,921,449,000 | 57.13% |
| American Centy Etf Tr |
47.14%
298,980
|
$16,955,975,000 | 11.68% |
| John Hancock Exchange Traded |
2.82%
244,394
|
$14,861,321,000 | 10.24% |
| J P Morgan Exchange Traded F |
Opened
154,570
|
$11,061,436,000 | 7.62% |
| J P Morgan Exchange Traded F |
Closed
104,671
|
$6,056,264,000 | |
| Ishares Inc |
46.90%
84,739
|
$4,536,079,000 | 3.13% |
| Ishares Inc |
Opened
70,654
|
$4,182,717,000 | 2.88% |
| Invesco Exch Traded Fd Tr Ii |
34.09%
87,211
|
$3,389,892,000 | 2.34% |
| CME Group Inc |
No change
9,438
|
$1,855,511,000 | 1.28% |
| Microsoft Corporation |
1.31%
1,707
|
$763,058,000 | 0.53% |
| Blackrock Etf Trust |
0.66%
15,763
|
$739,915,000 | 0.51% |
| Apple Inc |
1.48%
2,930
|
$617,197,000 | 0.43% |
| NVIDIA Corp |
1,001.09%
4,052
|
$500,584,000 | 0.34% |
| Innovator ETFs Trust |
No change
13,700
|
$481,281,000 | 0.33% |
| Ishares Tr |
Closed
3,757
|
$403,539,000 | |
| Invesco Exch Trd Slf Idx Fd |
No change
57,037
|
$1,192,842,000 | 0.82% |
| Amazon.com Inc. |
1.69%
1,517
|
$293,160,000 | 0.20% |
| Fs Credit Opportunities Corp |
No change
45,528
|
$290,013,000 | 0.20% |
| Invesco Exch Trd Slf Idx Fd |
Closed
53,272
|
$1,228,925,000 | |
| Alphabet Inc |
2.82%
1,415
|
$259,539,000 | 0.18% |
| Meta Platforms Inc |
19.97%
477
|
$240,542,000 | 0.17% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||