Summitry 13F annual report
Summitry is an investment fund managing more than $1.94 trillion ran by Jennifer Rouse. There are currently 102 companies in Mrs. Rouse’s portfolio. The largest investments include Taiwan Semiconductor Mfg Ltd and Alphabet Inc, together worth $223 billion.
$1.94 trillion Assets Under Management (AUM)
As of 2nd August 2024, Summitry’s top holding is 707,606 shares of Taiwan Semiconductor Mfg Ltd currently worth over $123 billion and making up 6.4% of the portfolio value.
In addition, the fund holds 551,409 shares of Alphabet Inc worth $100 billion, whose value grew 9.1% in the past six months.
The third-largest holding is Fiserv worth $93.8 billion and the next is Amazon.com worth $83.8 billion, with 433,643 shares owned.
Currently, Summitry's portfolio is worth at least $1.94 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 Summitry
The Summitry office and employees reside in Foster City, California. According to the last 13-F report filed with the SEC, Jennifer Rouse serves as the CCO at Summitry.
Recent trades
In the most recent 13F filing, Summitry revealed that it had opened a new position in
Old Dominion Freight Line In and bought 206,577 shares worth $36.5 billion.
The investment fund also strengthened its position in Fiserv by buying
82,161 additional shares.
This makes their stake in Fiserv total 629,445 shares worth $93.8 billion.
Fiserv soared 28.1% in the past year.
On the other hand, there are companies that Summitry is getting rid of from its portfolio.
Summitry closed its position in Ishares Tr on 9th August 2024.
It sold the previously owned 2,070,390 shares for $46.6 billion.
Jennifer Rouse also disclosed a decreased stake in Taiwan Semiconductor Mfg Ltd by approximately 0.1%.
This leaves the value of the investment at $123 billion and 707,606 shares.
One of the largest hedge funds
The two most similar investment funds to Summitry are Cinctive Capital Management L.P. and Hg Vora Capital Management. They manage $1.94 trillion and $1.94 trillion respectively.
Jennifer Rouse investment strategy
Summitry’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
47.1% 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
44% 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 $241 billion.
The complete list of Summitry 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 |
|---|---|---|---|
| Taiwan Semiconductor Mfg Ltd |
4.32%
707,606
|
$122,989,018,000 | 6.35% |
| Alphabet Inc |
0.20%
551,409
|
$100,457,373,000 | 5.19% |
| Fiserv, Inc. |
15.01%
629,445
|
$93,812,438,000 | 4.85% |
| Amazon.com Inc. |
1.96%
433,643
|
$83,801,510,000 | 4.33% |
| Visa Inc |
1.53%
309,213
|
$81,159,020,000 | 4.19% |
| Ulta Beauty Inc |
27.90%
208,243
|
$80,354,607,000 | 4.15% |
| Meta Platforms Inc |
3.37%
154,212
|
$77,756,813,000 | 4.02% |
| Schwab Charles Corp |
0.61%
970,218
|
$71,495,342,000 | 3.69% |
| Zebra Technologies Corporati |
2.02%
206,787
|
$63,882,688,000 | 3.30% |
| Microsoft Corporation |
0.97%
141,155
|
$63,089,353,000 | 3.26% |
| Lowes Cos Inc |
3.58%
284,605
|
$62,744,123,000 | 3.24% |
| Mastercard Incorporated |
1.45%
141,827
|
$62,568,555,000 | 3.23% |
| Berkshire Hathaway Inc. |
1.33%
147,276
|
$59,911,740,000 | 3.09% |
| Agilent Technologies Inc. |
1.63%
455,328
|
$59,024,197,000 | 3.05% |
| Carmax Inc |
4.74%
785,089
|
$57,578,433,000 | 2.97% |
| Wells Fargo Co New |
0.14%
913,749
|
$56,744,712,000 | 2.93% |
| Moodys Corp |
1.28%
126,898
|
$53,415,168,000 | 2.76% |
| Ross Stores, Inc. |
1.66%
343,909
|
$49,976,869,000 | 2.58% |
| Salesforce Inc |
0.95%
187,229
|
$48,136,702,000 | 2.49% |
| Disney Walt Co |
2.15%
421,707
|
$41,871,323,000 | 2.16% |
| Carrier Global Corporation |
1.78%
640,267
|
$40,388,071,000 | 2.09% |
| Ishares Tr |
1.79%
7,319,810
|
$217,578,465,000 | 11.24% |
| Old Dominion Freight Line In |
Opened
206,577
|
$36,481,499,000 | 1.88% |
| Ishares Tr |
Opened
2,404,690
|
$59,595,254,000 | 3.08% |
| Netflix Inc. |
28.10%
48,693
|
$32,861,932,000 | 1.70% |
| Starbucks Corp. |
7.23%
375,759
|
$29,252,842,000 | 1.51% |
| Ishares Tr |
Closed
2,070,390
|
$46,573,680,000 | |
| Gxo Logistics Incorporated |
Opened
174,713
|
$8,823,007,000 | 0.46% |
| Eaton Corp Plc |
3.17%
22,634
|
$7,096,891,000 | 0.37% |
| Emerson Elec Co |
1.75%
61,293
|
$6,752,037,000 | 0.35% |
| Cencora Inc. |
3.72%
29,606
|
$6,670,232,000 | 0.34% |
| Target Corp |
0.44%
39,922
|
$5,910,053,000 | 0.31% |
| Caterpillar Inc. |
4.33%
17,127
|
$5,705,004,000 | 0.29% |
| Procter And Gamble Co |
0.15%
32,989
|
$5,440,546,000 | 0.28% |
| Brookfield Asset Managmt Ltd |
2.84%
129,819
|
$4,939,613,000 | 0.26% |
| 3M Co. |
8.41%
47,621
|
$4,866,390,000 | 0.25% |
| Apple Inc |
3.35%
22,351
|
$4,707,504,000 | 0.24% |
| Sysco Corp. |
2.93%
65,749
|
$4,693,838,000 | 0.24% |
| Kimberly-Clark Corp. |
0.46%
33,778
|
$4,668,120,000 | 0.24% |
| Johnson Johnson |
5.74%
31,257
|
$4,568,529,000 | 0.24% |
| Lockheed Martin Corp. |
0.27%
9,694
|
$4,528,068,000 | 0.23% |
| Att Inc |
5.48%
233,389
|
$4,460,060,000 | 0.23% |
| Us Bancorp Del |
0.12%
112,080
|
$4,449,576,000 | 0.23% |
| Verizon Communications Inc |
4.41%
105,090
|
$4,333,912,000 | 0.22% |
| Mcdonalds Corp |
2.09%
16,919
|
$4,311,638,000 | 0.22% |
| Cisco Sys Inc |
3.11%
89,057
|
$4,231,099,000 | 0.22% |
| United Parcel Service, Inc. |
5.62%
27,177
|
$3,719,173,000 | 0.19% |
| NVIDIA Corp |
1,567.71%
18,178
|
$2,245,747,000 | 0.12% |
| Bank America Corp |
13.19%
14,460
|
$2,708,596,000 | 0.14% |
| Union Pac Corp |
0.82%
6,061
|
$1,371,421,000 | 0.07% |
| Chubb Limited |
2.11%
4,909
|
$1,252,188,000 | 0.06% |
| Qualcomm, Inc. |
1.10%
4,924
|
$980,752,000 | 0.05% |
| Eog Res Inc |
12.03%
4,481
|
$564,024,000 | 0.03% |
| Jpmorgan Chase Co. |
15.66%
2,644
|
$534,776,000 | 0.03% |
| Pepsico Inc |
2.55%
3,208
|
$529,033,000 | 0.03% |
| Chevron Corp. |
2.58%
3,132
|
$489,896,000 | 0.03% |
| The Southern Co. |
No change
6,100
|
$473,177,000 | 0.02% |
| Coca-Cola Co |
4.93%
7,208
|
$458,790,000 | 0.02% |
| Abbvie Inc |
10.89%
2,618
|
$449,040,000 | 0.02% |
| Essex Ppty Tr Inc |
No change
1,599
|
$435,248,000 | 0.02% |
| Manulife Finl Corp |
16.14%
15,425
|
$410,615,000 | 0.02% |
| Sap SE |
26.90%
2,000
|
$403,400,000 | 0.02% |
| Home Depot, Inc. |
5.39%
1,158
|
$398,630,000 | 0.02% |
| Adobe Inc |
1.16%
698
|
$387,767,000 | 0.02% |
| Shell Plc |
18.32%
5,270
|
$380,414,000 | 0.02% |
| Blackrock Inc. |
3.41%
481
|
$378,701,000 | 0.02% |
| Walmart Inc |
9.99%
5,525
|
$374,098,000 | 0.02% |
| International Business Machs |
10.39%
2,157
|
$373,054,000 | 0.02% |
| Exxon Mobil Corp. |
8.99%
3,224
|
$371,147,000 | 0.02% |
| Merck Co Inc |
11.71%
2,828
|
$350,107,000 | 0.02% |
| Diageo plc |
15.42%
2,775
|
$349,872,000 | 0.02% |
| NextEra Energy Inc |
3.17%
4,886
|
$345,978,000 | 0.02% |
| Booking Holdings Inc |
4.65%
82
|
$324,843,000 | 0.02% |
| Tesla Inc |
Opened
1,634
|
$323,336,000 | 0.02% |
| Onto Innovation Inc. |
23.21%
1,444
|
$317,045,000 | 0.02% |
| Medtronic Plc |
98.95%
3,966
|
$312,164,000 | 0.02% |
| Construction Partners Inc |
45.61%
5,386
|
$297,362,000 | 0.02% |
| Fomento Economico Mexicano S |
33.30%
2,730
|
$293,913,000 | 0.02% |
| Deere Co |
2.52%
773
|
$288,816,000 | 0.01% |
| Broadcom Inc |
14.93%
171
|
$274,546,000 | 0.01% |
| Vanguard Index Fds |
Closed
1,085
|
$271,099,000 | |
| Haleon Plc |
61.24%
32,463
|
$268,141,000 | 0.01% |
| Enterprise Prods Partners L |
No change
9,110
|
$264,008,000 | 0.01% |
| Eli Lilly Co |
14.66%
291
|
$263,466,000 | 0.01% |
| Grainger W W Inc |
5.83%
291
|
$262,552,000 | 0.01% |
| Linde Plc. |
9.94%
564
|
$247,524,000 | 0.01% |
| Costco Whsl Corp New |
2.04%
288
|
$244,614,000 | 0.01% |
| Texas Roadhouse Inc |
Opened
1,419
|
$243,578,000 | 0.01% |
| Kinsale Cap Group Inc |
46.39%
628
|
$241,964,000 | 0.01% |
| Banco Bilbao Vizcaya Argenta |
32.54%
23,960
|
$240,320,000 | 0.01% |
| RBC Bearings Inc. |
Opened
883
|
$238,216,000 | 0.01% |
| Exponent Inc. |
Opened
2,375
|
$225,883,000 | 0.01% |
| Pimco Dynamic Income Fd |
No change
12,000
|
$225,720,000 | 0.01% |
| AAON Inc. |
Opened
2,571
|
$224,314,000 | 0.01% |
| ExlService Holdings Inc |
Opened
7,036
|
$220,649,000 | 0.01% |
| Sony Group Corp |
Opened
2,587
|
$219,799,000 | 0.01% |
| Fedex Corp |
19.35%
725
|
$217,384,000 | 0.01% |
| Unitedhealth Group Inc |
Closed
439
|
$217,174,000 | |
| Descartes Sys Group Inc |
Opened
2,229
|
$215,857,000 | 0.01% |
| Automatic Data Processing In |
Closed
856
|
$213,778,000 | |
| Equity Residential |
Opened
3,000
|
$208,020,000 | 0.01% |
| Schlumberger Ltd. |
Closed
3,685
|
$201,975,000 | |
| Oxford Lane Cap Corp |
No change
30,000
|
$162,600,000 | 0.01% |
| Triplepoint Venture Growth B |
No change
10,000
|
$80,300,000 | 0.00% |
| Ambev Sa |
34.53%
38,212
|
$78,335,000 | 0.00% |
| Xai Octagn Flt Rat Alt Inm |
No change
10,000
|
$70,500,000 | 0.00% |
| Abrdn Global Premier Pptys F |
No change
17,000
|
$64,940,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||
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