Brandywine Managers 13F annual report

Brandywine Managers is an investment fund managing more than $94.5 billion ran by Kristina Sherman. There are currently 36 companies in Mrs. Sherman’s portfolio. The largest investments include Ishares Tr and UiPath, together worth $52 billion.

Limited to 30 biggest holdings

$94.5 billion Assets Under Management (AUM)

As of 7th August 2024, Brandywine Managers’s top holding is 349,815 shares of Ishares Tr currently worth over $39.3 billion and making up 41.6% of the portfolio value. In addition, the fund holds 1,000,196 shares of UiPath worth $12.7 billion, whose value fell 56.5% in the past six months. The third-largest holding is Crowdstrike Inc worth $12.1 billion and the next is NVIDIA Corp worth $4.4 billion, with 35,640 shares owned.

Currently, Brandywine Managers's portfolio is worth at least $94.5 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 Brandywine Managers

The Brandywine Managers office and employees reside in Hockessin, Delaware. According to the last 13-F report filed with the SEC, Kristina Sherman serves as the Chief Compliance Officer at Brandywine Managers.

Recent trades

In the most recent 13F filing, Brandywine Managers revealed that it had opened a new position in Cloudflare Inc and bought 9,906 shares worth $821 million. This means they effectively own approximately 0.1% of the company. Cloudflare Inc makes up 2.0% of the fund's Technology sector allocation and has grown its share price by 24.5% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 123,032 additional shares. This makes their stake in Ishares Tr total 349,815 shares worth $39.3 billion.

On the other hand, there are companies that Brandywine Managers is getting rid of from its portfolio. Brandywine Managers closed its position in Palo Alto Networks Inc on 14th August 2024. It sold the previously owned 3,705 shares for $869 million. Kristina Sherman also disclosed a decreased stake in Natera Inc by approximately 0.1%. This leaves the value of the investment at $1.89 billion and 17,444 shares.

One of the smallest hedge funds

The two most similar investment funds to Brandywine Managers are Synergy Ltd and Northlanding Partners. They manage $94.7 billion and $94.8 billion respectively.

Kristina Sherman investment strategy

Brandywine Managers’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 44.5% of the total portfolio value. The fund focuses on investments in the United States as 75.0% 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 47% 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 $54.6 billion.

The complete list of Brandywine Managers trades based on 13F SEC filings

These positions were updated on August 14th 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	54.25% 349,815	$39,319,206,000	41.59%
UiPath, Inc.	53.06% 1,000,196	$12,682,485,000	13.41%
Crowdstrike Holdings Inc	10.12% 31,581	$12,101,523,000	12.80%
NVIDIA Corp	900.00% 35,640	$4,402,966,000	4.66%
Uber Technologies Inc	9.78% 29,354	$2,133,449,000	2.26%
Natera Inc	5.88% 17,444	$1,889,011,000	2.00%
Salesforce Inc	No change 6,913	$1,777,332,000	1.88%
Intuitive Surgical Inc	4.64% 3,333	$1,482,685,000	1.57%
Zscaler Inc	6.52% 6,924	$1,330,724,000	1.41%
Datadog Inc	28.08% 9,222	$1,196,001,000	1.26%
Okta Inc	23.80% 12,687	$1,187,630,000	1.26%
Advanced Micro Devices Inc.	No change 7,299	$1,183,971,000	1.25%
Moderna Inc	No change 9,510	$1,129,313,000	1.19%
Campbell Soup Co.	No change 24,014	$1,085,193,000	1.15%
Alnylam Pharmaceuticals Inc	5.64% 4,348	$1,056,564,000	1.12%
Twist Bioscience Corp	No change 20,970	$1,033,402,000	1.09%
Palo Alto Networks Inc	Closed 3,705	$868,600,000
Cloudflare Inc	Opened 9,906	$820,514,000	0.87%
Samsara Inc.	No change 23,578	$794,579,000	0.84%
Mastercard Incorporated	No change 1,785	$787,471,000	0.83%
Veeva Sys Inc	No change 3,919	$717,216,000	0.76%
MongoDB Inc	Opened 2,859	$714,636,000	0.76%
ServiceNow Inc	No change 893	$702,496,000	0.74%
Pagerduty Inc	No change 30,517	$699,755,000	0.74%
Twilio Inc	Closed 9,782	$572,540,000
Eli Lilly & Co	Opened 588	$532,363,000	0.56%
Novo-nordisk A S	Opened 3,482	$497,021,000	0.53%
Morphic Hldg Inc	Opened 14,286	$486,724,000	0.51%
Structure Therapeutics Inc	0.52% 11,057	$434,208,000	0.46%
Schrodinger, Inc.	No change 20,886	$403,935,000	0.43%
Sentinelone Inc	Opened 19,001	$399,971,000	0.42%
Mobileye Global Inc	No change 13,067	$366,987,000	0.39%
Snowflake Inc.	No change 2,549	$344,344,000	0.36%
Prime Medicine Inc	Closed 32,977	$314,601,000
Smartsheet Inc	Closed 7,700	$311,542,000
Unity Software Inc.	Closed 8,327	$261,385,000
Roblox Corporation	Closed 7,241	$209,699,000
Relay Therapeutics, Inc.	No change 31,807	$207,382,000	0.22%
Guardant Health Inc	55.11% 7,152	$206,550,000	0.22%
Olink Hldg Ab	Closed 13,600	$200,600,000
10x Genomics, Inc.	10.13% 10,073	$195,920,000	0.21%
Fulcrum Therapeutics Inc	No change 26,127	$161,987,000	0.17%
AbCellera Biologics Inc.	50.00% 28,488	$84,324,000	0.09%
Phenomex Inc	Closed 29,772	$29,715,000
No transactions found
Showing first 500 out of 44 holdings