Fagan Associates, Inc 13F annual report
Fagan Associates, Inc is an investment fund managing more than $571 billion ran by Dennis Fagan. There are currently 86 companies in Mr. Fagan’s portfolio. The largest investments include Alphabet Inc and Apple Inc, together worth $91.5 billion.
$571 billion Assets Under Management (AUM)
As of 2nd August 2024, Fagan Associates, Inc’s top holding is 255,162 shares of Alphabet Inc currently worth over $46.5 billion and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Fagan Associates, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 213,911 shares of Apple Inc worth $45.1 billion, whose value grew 13.0% in the past six months.
The third-largest holding is Microsoft worth $42.2 billion and the next is NVIDIA Corp worth $22.3 billion, with 180,342 shares owned.
Currently, Fagan Associates, Inc's portfolio is worth at least $571 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 Fagan Associates, Inc
The Fagan Associates, Inc office and employees reside in Troy, New York. According to the last 13-F report filed with the SEC, Dennis Fagan serves as the President at Fagan Associates, Inc.
Recent trades
In the most recent 13F filing, Fagan Associates, Inc revealed that it had opened a new position in
Vanguard Malvern Fds and bought 93,385 shares worth $7.11 billion.
The investment fund also strengthened its position in Apple Inc by buying
7,089 additional shares.
This makes their stake in Apple Inc total 213,911 shares worth $45.1 billion.
Apple Inc soared 19.7% in the past year.
On the other hand, there are companies that Fagan Associates, Inc is getting rid of from its portfolio.
Fagan Associates, Inc closed its position in Schwab Strategic Tr on 9th August 2024.
It sold the previously owned 119,197 shares for $6.79 billion.
Dennis Fagan also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $46.5 billion and 255,162 shares.
One of the average hedge funds
The two most similar investment funds to Fagan Associates, Inc are Laurel Wealth Advisors and Ophir Asset Management PTY Ltd. They manage $571 billion and $571 billion respectively.
Dennis Fagan investment strategy
Fagan Associates, Inc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 28.0% of
the total portfolio value.
The fund focuses on investments in the United States as
51.2% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $296 billion.
The complete list of Fagan Associates, Inc 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 |
|---|---|---|---|
| Alphabet Inc |
0.28%
255,162
|
$46,477,700,000 | 8.14% |
| Apple Inc |
3.43%
213,911
|
$45,053,947,000 | 7.89% |
| Microsoft Corporation |
2.54%
94,326
|
$42,159,216,000 | 7.38% |
| NVIDIA Corp |
895.65%
180,342
|
$22,279,422,000 | 3.90% |
| Lowes Cos Inc |
0.08%
81,822
|
$18,038,556,000 | 3.16% |
| Amazon.com Inc. |
8.56%
93,241
|
$18,018,823,000 | 3.15% |
| Advanced Micro Devices Inc. |
1.32%
101,578
|
$16,476,967,000 | 2.88% |
| Jpmorgan Chase Co. |
0.01%
62,950
|
$12,732,223,000 | 2.23% |
| Vertex Pharmaceuticals, Inc. |
2.15%
26,495
|
$12,418,736,000 | 2.17% |
| J P Morgan Exchange Traded F |
10.73%
393,316
|
$23,341,630,000 | 4.09% |
| Chevron Corp. |
0.75%
70,381
|
$11,008,925,000 | 1.93% |
| Mastercard Incorporated |
0.32%
23,250
|
$10,257,151,000 | 1.80% |
| Visa Inc |
0.60%
37,610
|
$9,871,517,000 | 1.73% |
| Ishares Tr |
34.99%
958,246
|
$33,614,422,000 | 5.89% |
| Regeneron Pharmaceuticals, Inc. |
1.33%
9,063
|
$9,525,485,000 | 1.67% |
| Fedex Corp |
0.52%
28,396
|
$8,514,257,000 | 1.49% |
| Select Sector Spdr Tr |
1.62%
207,007
|
$18,202,391,000 | 3.19% |
| Vanguard Scottsdale Fds |
1.94%
180,149
|
$13,630,640,000 | 2.39% |
| Berkshire Hathaway Inc. |
0.67%
20,127
|
$8,187,664,000 | 1.43% |
| Starbucks Corp. |
0.82%
105,020
|
$8,175,816,000 | 1.43% |
| Proshares Tr |
1.67%
80,261
|
$7,715,499,000 | 1.35% |
| Johnson Johnson |
1.18%
52,422
|
$7,661,940,000 | 1.34% |
| Bank America Corp |
1.46%
183,300
|
$7,289,827,000 | 1.28% |
| Vanguard Malvern Fds |
Opened
93,385
|
$7,108,466,000 | 1.24% |
| Palantir Technologies Inc. |
34.88%
256,135
|
$6,487,900,000 | 1.14% |
| Occidental Pete Corp |
0.77%
90,925
|
$5,731,023,000 | 1.00% |
| Spdr Ser Tr |
14.00%
103,222
|
$10,964,249,000 | 1.92% |
| Uber Technologies Inc |
9.43%
77,935
|
$5,664,316,000 | 0.99% |
| Disney Walt Co |
0.87%
52,767
|
$5,239,233,000 | 0.92% |
| Schwab Strategic Tr |
1.20%
299,152
|
$20,725,565,000 | 3.63% |
| Schwab Strategic Tr |
Closed
119,197
|
$6,793,309,000 | |
| Boeing Co. |
Opened
28,298
|
$5,150,519,000 | 0.90% |
| Nike, Inc. |
0.86%
66,760
|
$5,031,664,000 | 0.88% |
| Schlumberger Ltd. |
Closed
91,531
|
$5,016,814,000 | |
| J P Morgan Exchange Traded F |
Opened
105,810
|
$4,902,177,000 | 0.86% |
| Schwab Charles Corp |
9.60%
61,588
|
$4,538,428,000 | 0.79% |
| Intel Corp. |
14.96%
145,565
|
$4,508,148,000 | 0.79% |
| Ishares Tr |
Closed
38,557
|
$5,063,738,000 | |
| Exxon Mobil Corp. |
1.38%
36,588
|
$4,212,049,000 | 0.74% |
| Pacer Fds Tr |
131.75%
76,013
|
$4,141,974,000 | 0.73% |
| Meta Platforms Inc |
10.41%
8,133
|
$4,100,883,000 | 0.72% |
| First Tr Exchng Traded Fd Vi |
72.51%
204,396
|
$6,636,087,000 | 1.16% |
| Adobe Inc |
2.75%
6,826
|
$3,792,116,000 | 0.66% |
| Enphase Energy Inc |
3.20%
36,160
|
$3,605,514,000 | 0.63% |
| Spdr Sp 500 Etf Tr |
9.25%
6,274
|
$3,414,461,000 | 0.60% |
| NextEra Energy Inc |
9.45%
47,440
|
$3,359,226,000 | 0.59% |
| Grayscale Bitcoin Tr Btc |
0.80%
61,860
|
$3,293,426,000 | 0.58% |
| Unitedhealth Group Inc |
1.48%
5,972
|
$3,041,301,000 | 0.53% |
| Crane Nxt Co |
1.14%
49,306
|
$3,028,375,000 | 0.53% |
| Oracle Corp. |
44.76%
16,917
|
$2,388,680,000 | 0.42% |
| Vanguard Bd Index Fds |
0.71%
48,543
|
$3,546,268,000 | 0.62% |
| BP plc |
0.79%
62,356
|
$2,251,041,000 | 0.39% |
| Tesla Inc |
1.24%
11,106
|
$2,197,655,000 | 0.38% |
| Netflix Inc. |
5.59%
3,212
|
$2,167,715,000 | 0.38% |
| VanEck ETF Trust |
Closed
8,860
|
$1,993,413,000 | |
| Keycorp |
Closed
122,823
|
$1,941,832,000 | |
| Crowdstrike Holdings Inc |
2.16%
4,485
|
$1,718,607,000 | 0.30% |
| Iron Mtn Inc Del |
3.83%
18,183
|
$1,629,553,000 | 0.29% |
| Equinix Inc |
0.48%
2,093
|
$1,583,649,000 | 0.28% |
| Honeywell International Inc |
0.45%
4,880
|
$1,042,075,000 | 0.18% |
| Abbott Labs |
1.31%
7,520
|
$781,403,000 | 0.14% |
| GE Aerospace |
2.38%
4,349
|
$691,397,000 | 0.12% |
| Spdr Dow Jones Indl Average |
4.59%
1,766
|
$690,736,000 | 0.12% |
| Deere Co |
5.17%
1,831
|
$684,117,000 | 0.12% |
| Idex Corporation |
No change
3,385
|
$681,062,000 | 0.12% |
| Vanguard Charlotte Fds |
2.86%
12,622
|
$614,306,000 | 0.11% |
| Spdr Sp Midcap 400 Etf Tr |
20.52%
1,116
|
$597,119,000 | 0.10% |
| Invesco Exch Traded Fd Tr Ii |
1.51%
35,188
|
$1,132,081,000 | 0.20% |
| Pepsico Inc |
3.08%
3,451
|
$569,206,000 | 0.10% |
| Coca-Cola Co |
No change
8,696
|
$553,522,000 | 0.10% |
| Canadian Natl Ry Co |
No change
4,575
|
$540,445,000 | 0.09% |
| Caterpillar Inc. |
No change
1,560
|
$519,636,000 | 0.09% |
| Procter And Gamble Co |
No change
2,522
|
$416,002,000 | 0.07% |
| Edwards Lifesciences Corp |
4.38%
4,472
|
$413,079,000 | 0.07% |
| CSX Corp. |
No change
12,131
|
$405,787,000 | 0.07% |
| American Express Co. |
No change
1,660
|
$384,373,000 | 0.07% |
| Vanguard Index Fds |
2.80%
1,944
|
$667,777,000 | 0.12% |
| International Business Machs |
No change
1,920
|
$332,064,000 | 0.06% |
| Duke Energy Corp. |
5.70%
3,150
|
$315,725,000 | 0.06% |
| The Southern Co. |
No change
4,011
|
$311,165,000 | 0.05% |
| Merck Co Inc |
No change
2,495
|
$308,881,000 | 0.05% |
| Mcdonalds Corp |
0.48%
1,047
|
$266,852,000 | 0.05% |
| Bristol-Myers Squibb Co. |
Closed
4,727
|
$256,345,000 | |
| Alphabet Inc |
Opened
1,291
|
$236,795,000 | 0.04% |
| NBT Bancorp. Inc. |
No change
6,064
|
$234,070,000 | 0.04% |
| Vanguard Index Fds |
Opened
622
|
$232,634,000 | 0.04% |
| Spdr Ser Tr |
Closed
4,523
|
$226,612,000 | |
| Pfizer Inc. |
Opened
7,460
|
$208,731,000 | 0.04% |
| Schwab Strategic Tr |
Opened
7,670
|
$203,715,000 | 0.04% |
| Baxter International Inc. |
Closed
4,733
|
$202,288,000 | |
| Pioneer Bancorp Inc Md |
No change
17,000
|
$170,170,000 | 0.03% |
| Ionq Inc |
1.92%
10,636
|
$74,771,000 | 0.01% |
| Plug Power Inc |
No change
17,821
|
$41,523,000 | 0.01% |
| Tilray Brands Inc |
Opened
10,146
|
$16,842,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 94 holdings | |||
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