Consolidated Capital Management 13F annual report
Consolidated Capital Management is an investment fund managing more than $208 billion ran by Scott Hemmann. There are currently 36 companies in Mr. Hemmann’s portfolio. The largest investments include Microsoft and Ishares Tr, together worth $35.6 billion.
$208 billion Assets Under Management (AUM)
As of 9th July 2024, Consolidated Capital Management’s top holding is 40,763 shares of Microsoft currently worth over $18.2 billion and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Consolidated Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 282,919 shares of Ishares Tr worth $17.4 billion.
The third-largest holding is Amazon.com worth $16.4 billion and the next is Vanguard Specialized Funds worth $15.8 billion, with 86,280 shares owned.
Currently, Consolidated Capital Management's portfolio is worth at least $208 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 Consolidated Capital Management
The Consolidated Capital Management office and employees reside in Burbank, California. According to the last 13-F report filed with the SEC, Scott Hemmann serves as the Chief Compliance Officer at Consolidated Capital Management.
Recent trades
In the most recent 13F filing, Consolidated Capital Management revealed that it had opened a new position in
Invesco Exchange Traded Fd T and bought 4,734 shares worth $225 million.
The investment fund also strengthened its position in Ishares Tr by buying
236,862 additional shares.
This makes their stake in Ishares Tr total 282,919 shares worth $17.4 billion.
On the other hand, there are companies that Consolidated Capital Management is getting rid of from its portfolio.
Consolidated Capital Management closed its position in Unitedhealth Inc on 16th July 2024.
It sold the previously owned 7,133 shares for $3.76 billion.
Scott Hemmann also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $18.2 billion and 40,763 shares.
One of the smallest hedge funds
The two most similar investment funds to Consolidated Capital Management are Armor Investment Advisors and Epiq Capital. They manage $208 billion and $208 billion respectively.
Scott Hemmann investment strategy
Consolidated Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 30.4% of
the total portfolio value.
The fund focuses on investments in the United States as
61.1% 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 5.6% of the portfolio.
The average market cap of the portfolio companies is close to $365 billion.
The complete list of Consolidated Capital Management trades based on 13F SEC filings
These positions were updated on July 16th 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 |
5.03%
40,763
|
$18,219,201,000 | 8.77% |
| Ishares Tr |
514.28%
282,919
|
$17,361,972,000 | 8.35% |
| Amazon.com Inc. |
8.98%
84,716
|
$16,371,367,000 | 7.88% |
| Vanguard Specialized Funds |
3.25%
86,280
|
$15,750,414,000 | 7.58% |
| Apple Inc |
11.85%
59,226
|
$12,474,121,000 | 6.00% |
| Meta Platforms Inc |
22.83%
24,627
|
$12,417,539,000 | 5.98% |
| NVIDIA Corp |
935.79%
94,298
|
$11,649,581,000 | 5.61% |
| Alphabet Inc |
15.71%
60,798
|
$11,074,400,000 | 5.33% |
| Visa Inc |
0.68%
37,773
|
$9,914,250,000 | 4.77% |
| Broadcom Inc. |
1.11%
5,792
|
$9,299,246,000 | 4.47% |
| Costco Whsl Corp New |
12.25%
10,014
|
$8,511,457,000 | 4.10% |
| VanEck ETF Trust |
15.33%
28,495
|
$7,428,737,000 | 3.57% |
| GE Aerospace |
15.60%
38,592
|
$6,135,003,000 | 2.95% |
| Mcdonalds Corp |
11.90%
21,655
|
$5,518,630,000 | 2.66% |
| Select Sector Spdr Tr |
71.71%
55,247
|
$5,241,563,000 | 2.52% |
| Bank America Corp |
6.49%
117,451
|
$4,671,046,000 | 2.25% |
| Procter And Gamble Co |
49.18%
27,834
|
$4,590,384,000 | 2.21% |
| Toll Brothers Inc. |
19.11%
39,231
|
$4,518,627,000 | 2.17% |
| Mondelez International Inc. |
16.97%
64,116
|
$4,195,752,000 | 2.02% |
| Unitedhealth Group Inc |
Closed
7,133
|
$3,755,311,000 | |
| Blackrock Inc. |
3.64%
4,642
|
$3,654,740,000 | 1.76% |
| Caterpillar Inc. |
35.51%
10,853
|
$3,615,290,000 | 1.74% |
| Fedex Corp |
6.51%
11,328
|
$3,396,621,000 | 1.63% |
| Tesla Inc |
Closed
12,251
|
$3,044,129,000 | |
| Disney Walt Co |
7.25%
28,007
|
$2,780,829,000 | 1.34% |
| Kraft Heinz Co |
13.03%
77,790
|
$2,506,386,000 | 1.21% |
| PayPal Holdings Inc |
Closed
35,172
|
$2,159,913,000 | |
| Berkshire Hathaway Inc. |
0.06%
5,223
|
$2,124,717,000 | 1.02% |
| SP Plus Corp |
Closed
15,172
|
$777,565,000 | |
| Netflix Inc. |
2.30%
1,114
|
$751,817,000 | 0.36% |
| Vanguard World Fd |
22.44%
3,591
|
$729,081,000 | 0.35% |
| Spdr Dow Jones Indl Average |
2.47%
1,619
|
$633,240,000 | 0.30% |
| Spdr Gold Tr |
5.53%
2,215
|
$476,248,000 | 0.23% |
| Mastercard Incorporated |
3.71%
986
|
$434,984,000 | 0.21% |
| Salesforce Inc |
2.25%
1,303
|
$335,009,000 | 0.16% |
| Union Pac Corp |
1.00%
1,408
|
$318,623,000 | 0.15% |
| Etf Managers Tr |
Closed
93,294
|
$301,340,000 | |
| Vanguard World Fds |
Closed
2,448
|
$288,190,000 | |
| Invesco Exchange Traded Fd T |
Opened
4,734
|
$225,055,000 | 0.11% |
| Microstrategy Inc. |
Opened
160
|
$220,397,000 | 0.11% |
| Boston Scientific Corp. |
Opened
2,735
|
$210,623,000 | 0.10% |
| Sirius XM Holdings Inc |
No change
20,000
|
$56,600,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 42 holdings | |||
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