Main Street Research 13F annual report
Main Street Research is an investment fund managing more than $1.52 trillion ran by Natalie Mcmahon. There are currently 98 companies in Mrs. Mcmahon’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $171 billion.
$1.52 trillion Assets Under Management (AUM)
As of 22nd July 2024, Main Street Research’s top holding is 763,993 shares of NVIDIA Corp currently worth over $94.4 billion and making up 6.2% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Main Street Research owns more than approximately 0.1% of the company.
In addition, the fund holds 364,782 shares of Apple Inc worth $76.8 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Novo-nordisk A S worth $65.8 billion and the next is Procter And Gamble Co worth $60.5 billion, with 367,144 shares owned.
Currently, Main Street Research's portfolio is worth at least $1.52 trillion. 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 Main Street Research
The Main Street Research office and employees reside in Sausalito, California. According to the last 13-F report filed with the SEC, Natalie Mcmahon serves as the Chief Compliance Officer at Main Street Research.
Recent trades
In the most recent 13F filing, Main Street Research revealed that it had opened a new position in
Taiwan Semiconductor Mfg Ltd and bought 165,995 shares worth $28.9 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
688,929 additional shares.
This makes their stake in NVIDIA Corp total 763,993 shares worth $94.4 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Main Street Research is getting rid of from its portfolio.
Main Street Research closed its position in Ishares Tr on 29th July 2024.
It sold the previously owned 194,896 shares for $18.5 billion.
Natalie Mcmahon also disclosed a decreased stake in Novo-nordisk A S by approximately 0.1%.
This leaves the value of the investment at $65.8 billion and 461,087 shares.
One of the largest hedge funds
The two most similar investment funds to Main Street Research are Advocates Investment Management and Gw Henssler & Associates Ltd. They manage $1.52 trillion and $1.51 trillion respectively.
Natalie Mcmahon investment strategy
Main Street Research’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 27.2% of
the total portfolio value.
The fund focuses on investments in the United States as
58.2% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $232 billion.
The complete list of Main Street Research trades based on 13F SEC filings
These positions were updated on July 29th 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 |
|---|---|---|---|
| NVIDIA Corp |
917.79%
763,993
|
$94,383,688,000 | 6.23% |
| Apple Inc |
5.26%
364,782
|
$76,830,391,000 | 5.07% |
| Novo-nordisk A S |
0.26%
461,087
|
$65,815,558,000 | 4.34% |
| Procter And Gamble Co |
4.83%
367,144
|
$60,549,457,000 | 3.99% |
| Mckesson Corporation |
0.13%
99,950
|
$58,437,109,000 | 3.86% |
| Amazon.com Inc. |
2.82%
293,198
|
$56,660,514,000 | 3.74% |
| Microsoft Corporation |
2.96%
122,701
|
$54,841,179,000 | 3.62% |
| Alphabet Inc |
3.20%
288,309
|
$52,538,476,000 | 3.47% |
| Costco Whsl Corp New |
3.34%
57,362
|
$48,756,786,000 | 3.22% |
| Meta Platforms Inc |
3.49%
95,321
|
$48,062,530,000 | 3.17% |
| Berkshire Hathaway Inc. |
2.64%
106,741
|
$47,705,078,000 | 3.15% |
| Visa Inc |
3.50%
160,228
|
$42,054,967,000 | 2.77% |
| JPMorgan Chase & Co. |
5.56%
204,552
|
$41,372,759,000 | 2.73% |
| Broadcom Inc |
2.45%
24,166
|
$38,799,590,000 | 2.56% |
| Asml Holding N V |
4.37%
36,975
|
$37,815,442,000 | 2.49% |
| Applied Matls Inc |
3.02%
159,783
|
$37,707,300,000 | 2.49% |
| Advanced Micro Devices Inc. |
0.00%
220,613
|
$35,785,635,000 | 2.36% |
| Intuitive Surgical Inc |
3.19%
76,319
|
$33,950,507,000 | 2.24% |
| Ishares Tr |
47.00%
163,004
|
$33,646,492,000 | 2.22% |
| Ingersoll Rand Inc. |
2.96%
350,312
|
$31,822,323,000 | 2.10% |
| Booking Holdings Inc |
3.39%
7,837
|
$31,046,323,000 | 2.05% |
| Caterpillar Inc. |
3.11%
92,451
|
$30,795,488,000 | 2.03% |
| T-Mobile US Inc |
3.46%
170,971
|
$30,121,635,000 | 1.99% |
| Schwab Charles Corp |
2.76%
402,157
|
$29,634,924,000 | 1.95% |
| Chubb Limited |
3.77%
113,820
|
$29,136,882,000 | 1.92% |
| Taiwan Semiconductor Mfg Ltd |
Opened
165,995
|
$28,940,276,000 | 1.91% |
| General Dynamics Corp. |
3.39%
97,664
|
$28,336,305,000 | 1.87% |
| Oracle Corp. |
2.25%
200,237
|
$28,273,464,000 | 1.87% |
| Linde Plc. |
5.70%
64,032
|
$28,097,901,000 | 1.85% |
| Icici Bank Limited |
4.45%
927,727
|
$26,727,815,000 | 1.76% |
| Intuit Inc |
4.74%
40,420
|
$26,564,428,000 | 1.75% |
| Constellation Energy Corp |
Opened
132,274
|
$26,490,512,000 | 1.75% |
| Exxon Mobil Corp. |
4.50%
229,054
|
$26,368,736,000 | 1.74% |
| Parker-Hannifin Corp. |
4.87%
51,463
|
$26,030,589,000 | 1.72% |
| Regions Financial Corp. |
0.68%
1,275,237
|
$25,863,594,000 | 1.71% |
| Adobe Inc |
1.67%
45,693
|
$25,384,289,000 | 1.67% |
| TotalEnergies SE |
3.78%
334,557
|
$22,591,927,000 | 1.49% |
| Ishares Tr |
Closed
194,896
|
$18,542,139,000 | |
| Mcdonalds Corp |
2.72%
20,115
|
$5,125,993,000 | 0.34% |
| Fair Isaac Corp. |
No change
2,151
|
$3,202,108,000 | 0.21% |
| Eli Lilly & Co |
0.09%
3,278
|
$2,968,080,000 | 0.20% |
| Tesla Inc |
1.39%
13,908
|
$2,752,115,000 | 0.18% |
| Palo Alto Networks Inc |
92.89%
6,896
|
$2,337,813,000 | 0.15% |
| Ishares Inc |
3.15%
14,490
|
$2,137,130,000 | 0.14% |
| Spdr S&p 500 Etf Tr |
20.28%
3,577
|
$1,954,186,000 | 0.13% |
| Chevron Corp. |
0.45%
10,946
|
$1,712,237,000 | 0.11% |
| Wells Fargo Co New |
7.18%
28,557
|
$1,695,979,000 | 0.11% |
| Abbvie Inc |
2.62%
9,722
|
$1,667,490,000 | 0.11% |
| Johnson & Johnson |
5.97%
11,056
|
$1,615,891,000 | 0.11% |
| Clorox Co. |
2.12%
9,328
|
$1,272,992,000 | 0.08% |
| Stryker Corp. |
Opened
3,085
|
$1,052,186,000 | 0.07% |
| Accenture Plc Ireland |
9.42%
2,962
|
$898,700,000 | 0.06% |
| Thermo Fisher Scientific Inc. |
3.12%
1,555
|
$860,522,000 | 0.06% |
| Bank America Corp |
7.20%
20,153
|
$801,491,000 | 0.05% |
| Walmart Inc |
11.82%
11,315
|
$766,161,000 | 0.05% |
| Automatic Data Processing In |
3.06%
3,172
|
$761,579,000 | 0.05% |
| Bristol-Myers Squibb Co. |
5.30%
17,632
|
$732,245,000 | 0.05% |
| Merck & Co Inc |
5.73%
5,775
|
$719,427,000 | 0.05% |
| Colgate-Palmolive Co. |
1.46%
6,939
|
$673,361,000 | 0.04% |
| Snap Inc |
Closed
55,630
|
$638,632,000 | |
| Autodesk Inc. |
6.77%
2,519
|
$623,327,000 | 0.04% |
| Boston Scientific Corp. |
2.30%
7,576
|
$583,428,000 | 0.04% |
| Vanguard Index Fds |
2.97%
972
|
$487,860,000 | 0.03% |
| Cisco Sys Inc |
35.46%
10,001
|
$475,129,000 | 0.03% |
| Salesforce Inc |
98.30%
1,774
|
$456,095,000 | 0.03% |
| Xylem Inc |
No change
3,250
|
$440,798,000 | 0.03% |
| Starbucks Corp. |
Closed
4,751
|
$434,211,000 | |
| Ulta Beauty Inc |
Closed
806
|
$421,441,000 | |
| Pepsico Inc |
2.54%
2,491
|
$410,841,000 | 0.03% |
| Comcast Corp New |
14.08%
10,438
|
$408,752,000 | 0.03% |
| RTX Corp |
4.11%
3,976
|
$399,171,000 | 0.03% |
| Home Depot, Inc. |
98.40%
1,139
|
$392,089,000 | 0.03% |
| Norfolk Southn Corp |
0.39%
1,804
|
$387,301,000 | 0.03% |
| Smucker J M Co |
No change
3,539
|
$385,893,000 | 0.03% |
| NetEase Inc |
No change
4,000
|
$382,320,000 | 0.03% |
| Citigroup Inc |
31.51%
5,888
|
$373,652,000 | 0.02% |
| Texas Instrs Inc |
16.19%
1,853
|
$360,464,000 | 0.02% |
| Abbott Labs |
2.09%
3,364
|
$349,553,000 | 0.02% |
| Spdr Dow Jones Indl Average |
10.56%
796
|
$311,884,000 | 0.02% |
| Micron Technology Inc. |
6.36%
2,328
|
$306,202,000 | 0.02% |
| Veeva Sys Inc |
No change
1,600
|
$292,816,000 | 0.02% |
| Delta Air Lines, Inc. |
15.19%
6,155
|
$291,993,000 | 0.02% |
| Vanguard Index Fds |
Opened
693
|
$259,564,000 | 0.02% |
| Curtiss-Wright Corp. |
No change
940
|
$254,919,000 | 0.02% |
| Cigna Group (The) |
11.58%
756
|
$249,911,000 | 0.02% |
| Schwab Strategic Tr |
6.59%
3,800
|
$244,941,000 | 0.02% |
| Entegris Inc |
No change
1,803
|
$244,126,000 | 0.02% |
| Lam Research Corp. |
6.22%
226
|
$241,108,000 | 0.02% |
| International Business Machs |
0.88%
1,378
|
$238,381,000 | 0.02% |
| Disney Walt Co |
Closed
1,933
|
$236,503,000 | |
| Resmed Inc. |
0.67%
1,208
|
$231,235,000 | 0.02% |
| AT&T Inc. |
0.91%
12,020
|
$229,702,000 | 0.02% |
| Capital One Finl Corp |
Closed
1,519
|
$226,118,000 | |
| Coca-Cola Co |
2.19%
3,460
|
$221,918,000 | 0.01% |
| Deere & Co. |
Closed
526
|
$216,822,000 | |
| Intel Corp. |
No change
7,000
|
$216,790,000 | 0.01% |
| Waste Mgmt Inc Del |
5.53%
1,012
|
$215,889,000 | 0.01% |
| Aon plc. |
12.20%
720
|
$211,378,000 | 0.01% |
| Nike, Inc. |
7.33%
2,767
|
$209,607,000 | 0.01% |
| Mastercard Incorporated |
16.43%
468
|
$206,655,000 | 0.01% |
| Edwards Lifesciences Corp |
0.59%
2,213
|
$204,415,000 | 0.01% |
| Vanguard Specialized Funds |
No change
1,099
|
$201,842,000 | 0.01% |
| Sysco Corp. |
Closed
2,475
|
$200,921,000 | |
| Local Bounti Corp |
No change
46,394
|
$129,439,000 | 0.01% |
| Banco Santander S.A. |
No change
17,739
|
$82,132,000 | 0.01% |
| Better Home & Finance Holdin |
No change
29,373
|
$13,482,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 106 holdings | |||
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