Glovista Investments 13F annual report

Glovista Investments is an investment fund managing more than $189 billion ran by Darshan Bhatt. There are currently 17 companies in Mr. Bhatt’s portfolio. The largest investments include Ishares Tr and Franklin Templeton Etf Tr, together worth $101 billion.

$189 billion Assets Under Management (AUM)

As of 9th August 2023, Glovista Investments’s top holding is 1,601,905 shares of Ishares Tr currently worth over $58.2 billion and making up 30.8% of the portfolio value. In addition, the fund holds 1,974,108 shares of Franklin Templeton Etf Tr worth $42.4 billion. The third-largest holding is Innovator Etfs Tr worth $15.8 billion and the next is Ishares Inc worth $35.9 billion, with 932,338 shares owned.

Currently, Glovista Investments's portfolio is worth at least $189 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 Glovista Investments

The Glovista Investments office and employees reside in Jersey City, New Jersey. According to the last 13-F report filed with the SEC, Darshan Bhatt serves as the Managing Partner at Glovista Investments.

Recent trades

In the most recent 13F filing, Glovista Investments revealed that it had opened a new position in Innovator Etfs Tr and bought 540,105 shares worth $15.8 billion.

The investment fund also strengthened its position in Ishares Tr by buying 12,713 additional shares. This makes their stake in Ishares Tr total 1,601,905 shares worth $58.2 billion.

On the other hand, there are companies that Glovista Investments is getting rid of from its portfolio. Glovista Investments closed its position in Innovator Etfs Tr on 16th August 2023. It sold the previously owned 328,110 shares for $9.39 billion. Darshan Bhatt also disclosed a decreased stake in Franklin Templeton Etf Tr by approximately 0.1%. This leaves the value of the investment at $42.4 billion and 1,974,108 shares.

One of the smaller hedge funds

The two most similar investment funds to Glovista Investments are Grace & Mercy Foundation and 1776 Wealth. They manage $189 billion and $189 billion respectively.

Darshan Bhatt investment strategy

Glovista Investments’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Materials — making up 0.3% of the total portfolio value. The fund focuses on investments in the Brazil as 5.9% of the portfolio companies are based in the Brazil.

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 6% 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 $78.7 billion.

The complete list of Glovista Investments trades based on 13F SEC filings

These positions were updated on August 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
Ishares Tr	0.80% 1,601,905	$58,221,285,000	30.79%
Franklin Templeton Etf Tr	0.39% 1,974,108	$42,405,515,000	22.42%
Innovator Etfs Tr	Opened 540,105	$15,812,446,000	8.36%
Ishares Inc	35.88% 932,338	$35,897,700,000	18.98%
Innovator Etfs Tr	Closed 328,110	$9,390,574,000
Ishares Tr	Opened 153,716	$11,902,933,000	6.29%
Vanguard Index Fds	Opened 44,526	$7,363,710,000	3.89%
Taiwan Semiconductor Mfg Ltd	0.41% 66,210	$6,681,913,000	3.53%
Western Asset Emerging Mkts	Opened 467,541	$4,030,203,000	2.13%
Ishares Inc	Closed 80,616	$4,735,936,000
AMGEN Inc.	Closed 6,468	$1,563,639,000
Ishares Tr	Closed 25,785	$2,633,100,000
Petroleo Brasileiro Sa Petro	Closed 133,437	$1,391,748,000
Alphabet Inc	Closed 11,140	$1,155,552,000
Invesco Exchange Traded Fd T	Opened 7,633	$1,142,469,000	0.60%
Ishares Gold Tr	Opened 27,592	$999,749,000	0.53%
Franklin Templeton Etf Tr	Closed 57,320	$963,383,000
Itau Unibanco Hldg S A	51.01% 145,516	$858,544,000	0.45%
Meta Platforms Inc	Closed 3,939	$834,832,000
Alibaba Group Hldg Ltd	43.31% 9,758	$813,329,000	0.43%
Spdr Index Shs Fds	0.37% 10,046	$741,186,000	0.39%
J P Morgan Exchange Traded F	Closed 14,053	$707,115,000
Global X Fds	Opened 17,068	$630,151,000	0.33%
Vale S.A.	48.82% 45,814	$614,824,000	0.33%
Invesco Currencyshares Euro	15.53% 5,421	$546,488,000	0.29%
Select Sector Spdr Tr	Opened 5,903	$437,840,000	0.23%
Global X Fds	Closed 12,007	$145,045,000
No transactions found
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