Tower Bridge Advisors 13F annual report
Tower Bridge Advisors is an investment fund managing more than $900 billion ran by Jeffrey Kachel. There are currently 184 companies in Mr. Kachel’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $123 billion.
$900 billion Assets Under Management (AUM)
As of 17th July 2024, Tower Bridge Advisors’s top holding is 163,943 shares of Microsoft currently worth over $73.3 billion and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Tower Bridge Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 236,068 shares of Apple Inc worth $49.7 billion, whose value grew 15.3% in the past six months.
The third-largest holding is Alphabet Inc worth $38 billion and the next is Oracle Sys Corp worth $26.5 billion, with 187,642 shares owned.
Currently, Tower Bridge Advisors's portfolio is worth at least $900 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 Tower Bridge Advisors
The Tower Bridge Advisors office and employees reside in Conshohocken, Pennsylvania. According to the last 13-F report filed with the SEC, Jeffrey Kachel serves as the CFO,Principal,CTO at Tower Bridge Advisors.
Recent trades
In the most recent 13F filing, Tower Bridge Advisors revealed that it had opened a new position in
Diamondback Energy In and bought 5,776 shares worth $1.16 billion.
The investment fund also strengthened its position in Broadcom Inc by buying
130,720 additional shares.
This makes their stake in Broadcom Inc total 144,890 shares worth $23.3 billion.
Broadcom Inc dropped 82.5% in the past year.
On the other hand, there are companies that Tower Bridge Advisors is getting rid of from its portfolio.
Tower Bridge Advisors closed its position in Pioneer Natural Res C on 24th July 2024.
It sold the previously owned 29,397 shares for $7.72 billion.
Jeffrey Kachel also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $73.3 billion and 163,943 shares.
One of the average hedge funds
The two most similar investment funds to Tower Bridge Advisors are North Peak Capital Management and Wealthcare Capital Management. They manage $900 billion and $900 billion respectively.
Jeffrey Kachel investment strategy
Tower Bridge Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 23.4% of
the total portfolio value.
The fund focuses on investments in the United States as
47.3% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $181 billion.
The complete list of Tower Bridge Advisors trades based on 13F SEC filings
These positions were updated on July 24th 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 |
|---|---|---|---|
| Microsoft Corporation |
6.08%
163,943
|
$73,274,259,000 | 8.14% |
| Apple Inc |
9.25%
236,068
|
$49,720,597,000 | 5.53% |
| Alphabet Inc |
3.77%
207,054
|
$37,977,832,000 | 4.22% |
| Oracle Sys Corp |
8.12%
187,642
|
$26,495,016,000 | 2.94% |
| J P Morgan Chase & Co |
2.62%
130,532
|
$26,401,437,000 | 2.93% |
| Broadcom Inc |
922.51%
144,890
|
$23,262,524,000 | 2.59% |
| Accenture plc |
10.30%
66,315
|
$20,120,634,000 | 2.24% |
| Mcdonald's Corp |
0.51%
71,414
|
$18,199,194,000 | 2.02% |
| Visa Inc |
10.26%
69,213
|
$18,166,336,000 | 2.02% |
| Jacobs Solutions Inc |
6.64%
128,498
|
$17,952,472,000 | 2.00% |
| IQVIA Holdings Inc |
6.32%
76,699
|
$16,217,237,000 | 1.80% |
| Pepsico Inc |
2.24%
96,133
|
$15,855,284,000 | 1.76% |
| Johnson & Johnson |
6.99%
102,635
|
$15,001,157,000 | 1.67% |
| Unitedhealth Group In |
11.97%
29,193
|
$14,866,904,000 | 1.65% |
| Thermo Fisher Scienti |
10.53%
25,159
|
$13,913,051,000 | 1.55% |
| Becton Dickinson & Co. |
8.87%
59,264
|
$13,850,704,000 | 1.54% |
| Aon Plc Shs Cl A |
5.66%
45,497
|
$13,357,009,000 | 1.48% |
| Procter & Gamble Co. |
3.27%
80,795
|
$13,324,727,000 | 1.48% |
| Danaher Corp. |
8.90%
49,020
|
$12,247,626,000 | 1.36% |
| Alphabet Inc |
11.19%
66,402
|
$12,095,124,000 | 1.34% |
| Exxon Mobil Corp. |
147.44%
102,216
|
$11,767,099,000 | 1.31% |
| Lowe's Cos Inc |
10.91%
51,389
|
$11,329,126,000 | 1.26% |
| Coca-Cola Co |
2.82%
164,450
|
$10,467,238,000 | 1.16% |
| RTX Corp |
1.19%
103,666
|
$10,406,991,000 | 1.16% |
| Eaton Corp Plc Shs |
1.63%
32,979
|
$10,340,565,000 | 1.15% |
| Lennar Corp. |
5.15%
68,383
|
$10,248,600,000 | 1.14% |
| Adobe Sys Inc |
14.24%
18,164
|
$10,090,829,000 | 1.12% |
| Toll Brothers Inc. |
5.39%
86,077
|
$9,914,349,000 | 1.10% |
| Schwab Charles Corp |
13.54%
131,290
|
$9,674,760,000 | 1.08% |
| Chevron Corp. |
5.70%
61,381
|
$9,601,207,000 | 1.07% |
| Costco Wholesale Corp |
1.72%
10,625
|
$9,031,144,000 | 1.00% |
| T-Mobile US, Inc. |
8.78%
50,588
|
$8,912,594,000 | 0.99% |
| Novartis Adr |
1.89%
83,362
|
$8,874,719,000 | 0.99% |
| Meta Platforms Inc |
9.10%
17,478
|
$8,812,767,000 | 0.98% |
| Moodys Corp |
11.03%
19,220
|
$8,090,382,000 | 0.90% |
| Watsco Inc. |
1.92%
17,398
|
$8,059,465,000 | 0.90% |
| Home Depot, Inc. |
0.87%
22,886
|
$7,878,324,000 | 0.88% |
| Pioneer Natural Res C |
Closed
29,397
|
$7,716,713,000 | |
| Amazon.com Inc. |
3.42%
39,883
|
$7,707,390,000 | 0.86% |
| Honeywell International Inc |
22.45%
32,383
|
$6,915,066,000 | 0.77% |
| Fedex Corp |
6.84%
22,691
|
$6,803,749,000 | 0.76% |
| Diageo plc |
1.08%
52,058
|
$6,563,518,000 | 0.73% |
| Abbvie Inc |
No change
38,103
|
$6,535,427,000 | 0.73% |
| Oneok Inc. |
2.16%
77,633
|
$6,330,971,000 | 0.70% |
| Cisco Systems, Inc. |
13.29%
129,644
|
$6,159,399,000 | 0.68% |
| Wal Mart Stores Inc |
17.71%
87,807
|
$5,945,412,000 | 0.66% |
| Merck & Co Inc |
2.21%
47,095
|
$5,830,361,000 | 0.65% |
| Berkshire Hathaway In |
3.46%
13,956
|
$5,677,301,000 | 0.63% |
| Lilly, Eli And Co |
1.02%
6,039
|
$5,467,590,000 | 0.61% |
| Intercontinental Exch |
2.39%
39,021
|
$5,341,597,000 | 0.59% |
| United Parcel Svc Inc |
4.56%
38,864
|
$5,318,538,000 | 0.59% |
| CME Group Inc |
2.12%
26,884
|
$5,285,474,000 | 0.59% |
| Analog Devices Inc. |
19.85%
21,299
|
$4,861,710,000 | 0.54% |
| NextEra Energy Inc |
16.31%
68,201
|
$4,829,313,000 | 0.54% |
| Goldman Sachs Group I |
6.70%
235,160
|
$5,448,666,000 | 0.61% |
| L3 Harris Technologie |
0.99%
21,425
|
$4,811,627,000 | 0.53% |
| Mondelez International Inc. |
12.90%
70,719
|
$4,627,851,000 | 0.51% |
| Union Pacific Corp. |
12.54%
20,114
|
$4,550,994,000 | 0.51% |
| Parker-Hannifin Corp. |
94.40%
8,956
|
$4,530,034,000 | 0.50% |
| Abbott Labs |
2.02%
43,420
|
$4,511,772,000 | 0.50% |
| CDW Corp |
30.37%
18,252
|
$4,085,528,000 | 0.45% |
| AMGEN Inc. |
15.39%
12,996
|
$4,060,600,000 | 0.45% |
| Enterprise Prods Part |
2.78%
140,000
|
$4,057,200,000 | 0.45% |
| S&P Global Inc |
6.34%
8,978
|
$4,004,409,000 | 0.45% |
| Brown & Brown, Inc. |
23.27%
44,565
|
$3,984,557,000 | 0.44% |
| Medtronic Plc |
4.10%
49,393
|
$3,887,723,000 | 0.43% |
| Waste Mgmt Inc Del |
3.56%
18,022
|
$3,844,824,000 | 0.43% |
| Lam Research Corp Com |
1.56%
3,573
|
$3,804,709,000 | 0.42% |
| NVIDIA Corp |
60.41%
29,900
|
$3,693,871,000 | 0.41% |
| Texas Pacific Land Corporation |
12.33%
4,800
|
$3,524,496,000 | 0.39% |
| Qualcomm, Inc. |
8.53%
17,361
|
$3,457,964,000 | 0.38% |
| Air Prods & Chems Inc |
29.44%
13,360
|
$3,447,548,000 | 0.38% |
| Ameriprise Finl Inc |
No change
7,899
|
$3,374,374,000 | 0.38% |
| Us Bancorp Del 5.56 Percent |
18.55%
150,383
|
$3,198,646,000 | 0.36% |
| American Express Co. |
No change
13,627
|
$3,155,332,000 | 0.35% |
| Lockheed Martin Corp. |
4.69%
6,697
|
$3,128,169,000 | 0.35% |
| Bank Of America Corp. |
5.34%
75,744
|
$3,012,339,000 | 0.33% |
| Vanguard Star Fd Tl I |
Closed
92,534
|
$2,994,408,000 | |
| Metlife Inc 4.0 Percent Pfd |
3.21%
116,246
|
$2,848,027,000 | 0.32% |
| Leidos Holdings Inc |
12.51%
18,537
|
$2,704,178,000 | 0.30% |
| Constellation Brands Inc |
0.54%
10,161
|
$2,614,222,000 | 0.29% |
| Deere & Co. |
0.03%
6,803
|
$2,541,805,000 | 0.28% |
| Roche Hldg Ltd Adr |
4.12%
73,155
|
$2,538,976,000 | 0.28% |
| Colgate-Palmolive Co. |
8.83%
25,823
|
$2,505,864,000 | 0.28% |
| Bank Of America Pfd D |
19.44%
107,315
|
$2,436,051,000 | 0.27% |
| CSX Corp. |
0.26%
72,685
|
$2,431,313,000 | 0.27% |
| Enbridge Inc |
5.25%
68,191
|
$2,426,918,000 | 0.27% |
| CVS Health Corp |
73.02%
40,952
|
$2,418,609,000 | 0.27% |
| Wells Fargo & Co. |
1.85%
39,721
|
$2,359,015,000 | 0.26% |
| Comcast Corp New Cl A |
15.55%
59,137
|
$2,315,805,000 | 0.26% |
| Travelers Companies I |
2.41%
11,153
|
$2,267,851,000 | 0.25% |
| Simon Ppty Group Inc |
1.76%
13,025
|
$1,977,195,000 | 0.22% |
| Int'l Business Machin |
3.95%
11,009
|
$1,904,007,000 | 0.21% |
| Pfizer Inc. |
2.44%
65,590
|
$1,835,208,000 | 0.20% |
| Akamai Technologies I |
19.35%
19,251
|
$1,734,130,000 | 0.19% |
| Automatic Data Proces |
38.95%
7,133
|
$1,702,576,000 | 0.19% |
| McCormick & Co., Inc. |
23.09%
23,127
|
$1,640,629,000 | 0.18% |
| Norfolk Southern Corp. |
No change
7,356
|
$1,579,260,000 | 0.18% |
| Raymond James Financi |
43.01%
12,654
|
$1,564,161,000 | 0.17% |
| Pnc Financial Corp |
No change
9,950
|
$1,547,021,000 | 0.17% |
| Phillips 66 |
1.41%
10,762
|
$1,519,272,000 | 0.17% |
| Seneca Foods Corp. |
Closed
26,182
|
$1,489,756,000 | |
| Caterpillar Inc. |
6.38%
4,405
|
$1,467,305,000 | 0.16% |
| Aflac Inc. |
2.58%
16,356
|
$1,460,754,000 | 0.16% |
| Trane Technologies Pl |
0.53%
4,369
|
$1,437,095,000 | 0.16% |
| Bristol-Myers Squibb Co. |
18.34%
32,890
|
$1,365,922,000 | 0.15% |
| Nxp Semiconductors N |
1.32%
4,470
|
$1,202,832,000 | 0.13% |
| Linde Plc Shs |
21.88%
2,696
|
$1,183,032,000 | 0.13% |
| Diamondback Energy In |
Opened
5,776
|
$1,156,297,000 | 0.13% |
| Unilever Plc Adr |
0.15%
19,795
|
$1,088,527,000 | 0.12% |
| Verizon Communication |
21.33%
25,727
|
$1,060,981,000 | 0.12% |
| Netflix Com Inc |
22.31%
1,532
|
$1,033,916,000 | 0.11% |
| Roper Inds Inc New Co |
20.43%
1,830
|
$1,031,498,000 | 0.11% |
| Allstate Corp (The) |
No change
6,260
|
$999,472,000 | 0.11% |
| Walt Disney Company |
60.84%
9,598
|
$952,985,000 | 0.11% |
| Vanguard Index Fds Md |
Closed
3,074
|
$951,407,000 | |
| Cigna Corp New Com |
2.66%
2,860
|
$945,430,000 | 0.11% |
| Morgan Stanley Pfd A |
2.45%
39,795
|
$910,510,000 | 0.10% |
| Intel Corp. |
20.94%
29,075
|
$900,453,000 | 0.10% |
| Windrock Ld Co Com St |
Closed
1,564
|
$899,300,000 | |
| Prudential Finl Inc |
0.90%
7,492
|
$878,004,000 | 0.10% |
| Applied Matls Inc |
30.97%
3,700
|
$873,163,000 | 0.10% |
| Target Corp |
5.36%
5,824
|
$862,185,000 | 0.10% |
| Veralto Corp |
10.24%
8,797
|
$839,825,000 | 0.09% |
| EOG Resources, Inc. |
Closed
6,365
|
$813,702,000 | |
| Kimberly-Clark Corp. |
2.09%
5,855
|
$809,161,000 | 0.09% |
| Duke Energy Corporati |
40.14%
7,953
|
$797,129,000 | 0.09% |
| Carrier Global Corpor |
1.37%
12,614
|
$795,691,000 | 0.09% |
| Marathon Pete Corp |
No change
4,380
|
$759,842,000 | 0.08% |
| Vulcan Matls Co Com |
No change
3,000
|
$746,040,000 | 0.08% |
| Blackrock Inc. |
5.64%
937
|
$737,719,000 | 0.08% |
| Emerson Electric Co. |
4.78%
6,573
|
$724,082,000 | 0.08% |
| Advanced Micro Device |
No change
4,250
|
$689,392,000 | 0.08% |
| Conocophillips |
5.62%
5,998
|
$686,051,000 | 0.08% |
| Truist Financial Corporation |
81.49%
17,290
|
$671,717,000 | 0.07% |
| Illinois Tool Works I |
14.09%
2,743
|
$649,981,000 | 0.07% |
| Berkshire Hathaway In |
Closed
1
|
$634,440,000 | |
| 1/100 Berkshire Htwy |
No change
100
|
$612,241,000 | 0.07% |
| Prologis Inc |
No change
5,416
|
$608,271,000 | 0.07% |
| Vanguard/wellington F |
46.10%
7,926
|
$605,896,000 | 0.07% |
| Regeneron Pharmaceuti |
Closed
617
|
$593,856,000 | |
| Bk Of America Corp Pf |
No change
25,450
|
$578,988,000 | 0.06% |
| Nike, Inc. |
41.89%
7,616
|
$574,018,000 | 0.06% |
| Lyondellbasell Indust |
7.81%
5,900
|
$564,394,000 | 0.06% |
| Victory Portfolios II |
No change
19,735
|
$531,076,000 | 0.06% |
| Texas Instruments Inc. |
15.61%
2,704
|
$526,009,000 | 0.06% |
| Welltower Inc. |
No change
4,850
|
$505,613,000 | 0.06% |
| Corteva Inc |
4.72%
9,224
|
$497,543,000 | 0.06% |
| Hershey Foods Corp |
No change
2,700
|
$496,341,000 | 0.06% |
| Vanguard Windsor Ii A |
No change
5,850
|
$485,239,000 | 0.05% |
| Marsh & McLennan Cos., Inc. |
8.59%
2,129
|
$448,623,000 | 0.05% |
| Chubb Limited |
No change
1,716
|
$437,717,000 | 0.05% |
| American Electric Pow |
36.10%
4,920
|
$431,681,000 | 0.05% |
| Dover Corp. |
No change
2,367
|
$427,125,000 | 0.05% |
| A T & T Inc (new) |
12.00%
21,425
|
$409,432,000 | 0.05% |
| Toronto Dominion Bk O |
12.40%
7,333
|
$403,022,000 | 0.04% |
| Church & Dwight Co., Inc. |
No change
3,600
|
$373,248,000 | 0.04% |
| Restaurant Brands Int |
2.75%
5,300
|
$372,961,000 | 0.04% |
| Booz Allen Hamilton H |
Closed
2,475
|
$367,389,000 | |
| Cdn Imperial Bk Comm |
No change
7,614
|
$361,970,000 | 0.04% |
| Subsea 7 S A Sponsore |
Closed
22,648
|
$360,223,000 | |
| Rpm Inc Ohio |
Closed
3,000
|
$356,850,000 | |
| Cullen Frost Bankers Inc. |
70.95%
3,450
|
$350,624,000 | 0.04% |
| PPG Industries, Inc. |
No change
2,700
|
$339,903,000 | 0.04% |
| Otis Worldwide Corp C |
No change
3,458
|
$332,867,000 | 0.04% |
| General Electric Co C |
No change
2,030
|
$322,709,000 | 0.04% |
| Zeta Global Holdings Corp. |
No change
18,000
|
$317,700,000 | 0.04% |
| Schwab S&p 500 Index |
No change
3,622
|
$305,180,000 | 0.03% |
| Tractor Supply Co. |
56.14%
1,125
|
$303,750,000 | 0.03% |
| General Mills, Inc. |
9.24%
4,730
|
$299,220,000 | 0.03% |
| Sprott Physical Gold |
No change
13,404
|
$295,558,000 | 0.03% |
| Dominion Res Inc Va |
4.79%
5,968
|
$292,437,000 | 0.03% |
| Starbucks Corp. |
80.95%
3,751
|
$292,015,000 | 0.03% |
| Best Buy Co. Inc. |
28.04%
3,400
|
$286,586,000 | 0.03% |
| Skyworks Solutions In |
No change
2,600
|
$277,108,000 | 0.03% |
| McCormick & Co., Inc. |
No change
4,000
|
$276,000,000 | 0.03% |
| Fidelity 500 Index Fu |
0.28%
1,435
|
$272,968,000 | 0.03% |
| American Funds Washin |
5.03%
4,490
|
$270,937,000 | 0.03% |
| American Balanced Fd |
0.32%
7,793
|
$269,340,000 | 0.03% |
| Blackstone Group Inc |
39.90%
2,109
|
$261,094,000 | 0.03% |
| International Paper C |
No change
5,825
|
$251,349,000 | 0.03% |
| Gilead Sciences, Inc. |
Closed
3,405
|
$249,398,000 | |
| Vanguard Us Growth Fu |
Opened
1,414
|
$247,017,000 | 0.03% |
| Franklin Managed Tr R |
0.34%
2,650
|
$246,866,000 | 0.03% |
| Globe Life Inc |
51.61%
3,000
|
$246,840,000 | 0.03% |
| Digital Realty Trust, Inc. |
Closed
1,700
|
$244,868,000 | |
| Vanguard/primecap Fd |
22.61%
1,318
|
$237,078,000 | 0.03% |
| Franklin Custodian Fd |
Opened
98,774
|
$230,144,000 | 0.03% |
| Darden Restaurants In |
No change
1,500
|
$226,980,000 | 0.03% |
| PPL Corp |
37.88%
8,200
|
$226,730,000 | 0.03% |
| Vanguard Pa Tax Free |
5.04%
20,830
|
$224,549,000 | 0.02% |
| Fs Kkr Capital Corp C |
Opened
11,124
|
$219,477,000 | 0.02% |
| Sprott Fds Tr Gold Eq |
Closed
4,773
|
$218,668,000 | |
| Avery Dennison Corp. |
No change
1,000
|
$218,650,000 | 0.02% |
| Vanguard Mun Bd Fd In |
No change
19,990
|
$216,887,000 | 0.02% |
| Vanguard Bd Index Fds |
0.04%
2,758
|
$216,276,000 | 0.02% |
| Friedman Inds Inc Com |
Closed
11,310
|
$211,949,000 | |
| UDR Inc |
Opened
5,100
|
$209,865,000 | 0.02% |
| Factset Resh Sys |
Closed
450
|
$204,476,000 | |
| Citigroup Inc |
Closed
3,196
|
$202,125,000 | |
| Columbia Fds Ser Tr I |
Opened
1,552
|
$201,785,000 | 0.02% |
| PayPal Holdings Inc |
Closed
3,010
|
$201,640,000 | |
| Gulf Is Fabrication I |
Closed
17,856
|
$131,242,000 | |
| No transactions found | |||
| Showing first 500 out of 203 holdings | |||
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