Boothe Investment 13F annual report
Boothe Investment is an investment fund managing more than $216 million ran by A. Hibbitt. There are currently 41 companies in Hibbitt’s portfolio. The largest investments include Rbb Fd Inc and Pacer Fds Tr, together worth $43.1 million.
$216 million Assets Under Management (AUM)
As of 16th July 2024, Boothe Investment’s top holding is 468,032 shares of Rbb Fd Inc currently worth over $22.3 million and making up 10.4% of the portfolio value.
In addition, the fund holds 478,647 shares of Pacer Fds Tr worth $20.7 million.
The third-largest holding is Doubleline Etf Trust worth $16.2 million and the next is J P Morgan Exchange Traded F worth $12.3 million, with 242,051 shares owned.
Currently, Boothe Investment's portfolio is worth at least $216 million. 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 Boothe Investment
The Boothe Investment office and employees reside in Dover, Delaware. According to the last 13-F report filed with the SEC, A. Hibbitt serves as the COO & CCO at Boothe Investment.
Recent trades
In the most recent 13F filing, Boothe Investment revealed that it had opened a new position in
ServiceNow Inc and bought 9,744 shares worth $7.69 million.
This means they effectively own approximately 0.1% of the company.
ServiceNow Inc makes up
18.9%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Rbb Fd Inc by buying
24,103 additional shares.
This makes their stake in Rbb Fd Inc total 468,032 shares worth $22.3 million.
On the other hand, there are companies that Boothe Investment is getting rid of from its portfolio.
Boothe Investment closed its position in Freeport-McMoRan Inc on 23rd July 2024.
It sold the previously owned 113,217 shares for $5.32 million.
A. Hibbitt also disclosed a decreased stake in J P Morgan Exchange Traded F by 0.2%.
This leaves the value of the investment at $12.3 million and 242,051 shares.
One of the smallest hedge funds
The two most similar investment funds to Boothe Investment are Confluence Wealth Management and Ghe. They manage $216 million and $216 million respectively.
A. Hibbitt investment strategy
Boothe Investment’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 18.8% of
the total portfolio value.
The fund focuses on investments in the United States as
36.6% 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
39% 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 $445 billion.
The complete list of Boothe Investment trades based on 13F SEC filings
These positions were updated on July 23rd 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 |
|---|---|---|---|
| Rbb Fd Inc |
5.43%
468,032
|
$22,337,000 | 10.35% |
| Pacer Fds Tr |
12.12%
478,647
|
$20,740,000 | 9.61% |
| Doubleline Etf Trust |
9.82%
360,314
|
$16,189,000 | 7.50% |
| J P Morgan Exchange Traded F |
18.14%
242,051
|
$12,250,000 | 5.68% |
| Spdr S&p 500 Etf Tr |
4.56%
16,509
|
$9,003,000 | 4.17% |
| Devon Energy Corp. |
14.80%
183,866
|
$8,776,000 | 4.07% |
| Chevron Corp. |
17.44%
55,021
|
$8,612,000 | 3.99% |
| ServiceNow Inc |
Opened
9,744
|
$7,688,000 | 3.56% |
| Kinross Gold Corp. |
42.74%
835,160
|
$6,882,000 | 3.19% |
| Schwab Charles Corp |
5.75%
92,944
|
$6,824,000 | 3.16% |
| Bank America Corp |
13.30%
170,293
|
$6,813,000 | 3.16% |
| Rolls Royce Holding Plc Sponsored Adr |
25.25%
1,178,141
|
$6,680,000 | 3.10% |
| Us Bancorp Del |
2.64%
166,504
|
$6,534,000 | 3.03% |
| Alibaba Group Hldg Ltd |
4.54%
88,028
|
$6,354,000 | 2.94% |
| Spdr Ser Tr |
Opened
64,685
|
$6,018,000 | 2.79% |
| Meta Platforms Inc |
15.78%
11,593
|
$5,851,000 | 2.71% |
| Alphabet Inc |
30.69%
31,352
|
$5,737,000 | 2.66% |
| Fortinet Inc |
21.14%
92,330
|
$5,526,000 | 2.56% |
| Freeport-McMoRan Inc |
Closed
113,217
|
$5,323,000 | |
| Comcast Corp New |
24.91%
138,512
|
$5,287,000 | 2.45% |
| Blackrock Enhanced Equity Di |
5.83%
500,898
|
$4,087,000 | 1.89% |
| Uber Technologies Inc |
Opened
57,096
|
$4,060,000 | 1.88% |
| Shopify Inc |
Opened
62,055
|
$4,011,000 | 1.86% |
| Eli Lilly & Co |
3.41%
4,250
|
$3,886,000 | 1.80% |
| Snowflake Inc. |
Opened
25,854
|
$3,691,000 | 1.71% |
| Advanced Micro Devices Inc. |
37.27%
21,849
|
$3,445,000 | 1.60% |
| RingCentral Inc. |
Closed
95,929
|
$3,333,000 | |
| Invesco Exch Traded Fd Tr Ii |
9.74%
197,859
|
$2,279,000 | 1.06% |
| Invesco Exchange Traded Fd T |
12.50%
11,450
|
$1,866,000 | 0.86% |
| International Business Machs |
24.30%
10,001
|
$1,751,000 | 0.81% |
| Cisco Sys Inc |
28.53%
35,823
|
$1,702,000 | 0.79% |
| Boston Properties Inc |
26.22%
27,804
|
$1,687,000 | 0.78% |
| Ishares Inc |
15.52%
45,744
|
$1,407,000 | 0.65% |
| Pfizer Inc. |
Opened
47,911
|
$1,352,000 | 0.63% |
| Stryker Corp. |
2.10%
3,633
|
$1,223,000 | 0.57% |
| Berkshire Hathaway Inc. |
No change
2
|
$1,221,000 | 0.57% |
| Verizon Communications Inc |
0.91%
20,701
|
$864,000 | 0.40% |
| Ishares Tr |
2.74%
22,926
|
$1,267,000 | 0.59% |
| Microsoft Corporation |
Opened
1,366
|
$624,000 | 0.29% |
| Apple Inc |
Opened
2,486
|
$539,000 | 0.25% |
| Manulife Finl Corp |
No change
17,450
|
$459,000 | 0.21% |
| Ishares Tr |
Opened
2,140
|
$240,000 | 0.11% |
| Innoviz Technologies Ltd |
No change
10,000
|
$9,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||
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