Thomas Story & Son 13F annual report
Thomas Story & Son is an investment fund managing more than $232 million ran by Michael Lollino. There are currently 53 companies in Mr. Lollino’s portfolio. The largest investments include Costco Wholesale Corp and Visa Inc, together worth $31.3 million.
$232 million Assets Under Management (AUM)
As of 26th July 2024, Thomas Story & Son’s top holding is 19,427 shares of Costco Wholesale Corp currently worth over $16.5 million and making up 7.1% of the portfolio value.
Relative to the number of outstanding shares of Costco Wholesale Corp, Thomas Story & Son owns more than approximately 0.1% of the company.
In addition, the fund holds 56,221 shares of Visa Inc worth $14.8 million, whose value fell 4.1% in the past six months.
The third-largest holding is Tractor Supply Co worth $14.5 million and the next is Williams-Sonoma worth $12.7 million, with 45,032 shares owned.
Currently, Thomas Story & Son's portfolio is worth at least $232 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 Thomas Story & Son
The Thomas Story & Son office and employees reside in Culver, Indiana. According to the last 13-F report filed with the SEC, Michael Lollino serves as the Chief Compliance Officer at Thomas Story & Son.
Recent trades
In the most recent 13F filing, Thomas Story & Son revealed that it had opened a new position in
NVIDIA Corp and bought 4,550 shares worth $562 thousand.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
4.2%
of the fund's Technology sector allocation and has decreased its share price by 75.3% in the past year.
The investment fund also strengthened its position in Costco Wholesale Corp by buying
255 additional shares.
This makes their stake in Costco Wholesale Corp total 19,427 shares worth $16.5 million.
Costco Wholesale Corp soared 47.9% in the past year.
On the other hand, there are companies that Thomas Story & Son is getting rid of from its portfolio.
Thomas Story & Son closed its position in Fifth Third Bancorp on 2nd August 2024.
It sold the previously owned 6,850 shares for $255 thousand.
Michael Lollino also disclosed a decreased stake in Tractor Supply Co by approximately 0.1%.
This leaves the value of the investment at $14.5 million and 53,793 shares.
One of the smallest hedge funds
The two most similar investment funds to Thomas Story & Son are Dcm Advisors and Bip Gp (f/k/a Weiss Asset Management )[[[2]]. They manage $231 million and $231 million respectively.
Michael Lollino investment strategy
Thomas Story & Son’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 17.4% of
the total portfolio value.
The fund focuses on investments in the United States as
67.9% 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
62% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $249 billion.
The complete list of Thomas Story & Son trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Costco Wholesale Corp |
1.33%
19,427
|
$16,513,000 | 7.13% |
| Visa Inc |
0.12%
56,221
|
$14,756,000 | 6.37% |
| Tractor Supply Co. |
0.06%
53,793
|
$14,524,000 | 6.27% |
| Williams-Sonoma, Inc. |
0.28%
45,032
|
$12,716,000 | 5.49% |
| O'reilly Automotive Inc |
0.01%
10,590
|
$11,184,000 | 4.83% |
| General Dynamics Corp. |
No change
36,721
|
$10,654,000 | 4.60% |
| Procter And Gamble Co |
0.02%
64,574
|
$10,650,000 | 4.60% |
| Apple Inc |
9.89%
48,521
|
$10,220,000 | 4.41% |
| Accenture Plc Ireland Class A |
0.54%
31,525
|
$9,565,000 | 4.13% |
| Johnson & Johnson |
0.10%
61,140
|
$8,936,000 | 3.86% |
| Advanced Micro Devices Inc. |
0.02%
49,581
|
$8,042,000 | 3.47% |
| Fiserv, Inc. |
50.41%
46,815
|
$6,977,000 | 3.01% |
| Alphabet Inc Cap Stock Cl A |
0.19%
37,316
|
$6,797,000 | 2.93% |
| Noble Corp Ord A |
0.33%
151,163
|
$6,749,000 | 2.91% |
| WEC Energy Group Inc |
0.47%
84,614
|
$6,639,000 | 2.87% |
| Cognex Corp. |
0.04%
124,012
|
$5,799,000 | 2.50% |
| Berkshire Hathaway Inc. |
0.09%
14,245
|
$5,795,000 | 2.50% |
| Chevron Corp. |
0.45%
34,645
|
$5,419,000 | 2.34% |
| Fastenal Co. |
0.27%
82,565
|
$5,188,000 | 2.24% |
| Illinois Tool Works, Inc. |
No change
21,687
|
$5,139,000 | 2.22% |
| Abbott Laboratories |
16.09%
44,325
|
$4,606,000 | 1.99% |
| Crown Castle Intl Corp |
9.92%
45,626
|
$4,458,000 | 1.92% |
| Intel Corp. |
0.62%
135,716
|
$4,203,000 | 1.81% |
| Asml Holding Nv Ny Registry |
No change
3,358
|
$3,434,000 | 1.48% |
| Coca-Cola Co |
0.53%
52,644
|
$3,351,000 | 1.45% |
| Idacorp, Inc. |
2.24%
34,205
|
$3,186,000 | 1.38% |
| Blackstone Group Inc Cl A |
No change
25,566
|
$3,165,000 | 1.37% |
| Lilly Eli & Co |
No change
2,655
|
$2,404,000 | 1.04% |
| Nike, Inc. |
0.71%
31,855
|
$2,401,000 | 1.04% |
| C.H. Robinson Worldwide, Inc. |
No change
22,655
|
$1,996,000 | 0.86% |
| Paychex Inc. |
No change
13,045
|
$1,547,000 | 0.67% |
| Trimble Inc |
No change
26,435
|
$1,478,000 | 0.64% |
| Linde Plc. |
No change
3,280
|
$1,439,000 | 0.62% |
| Schlumberger Ltd. |
No change
26,423
|
$1,247,000 | 0.54% |
| Grainger W W Inc |
No change
1,378
|
$1,243,000 | 0.54% |
| Berkshire Hathaway Inc. |
No change
2
|
$1,224,000 | 0.53% |
| Mckesson Corporation |
No change
1,400
|
$818,000 | 0.35% |
| JPMorgan Chase & Co. |
No change
3,940
|
$797,000 | 0.34% |
| Microsoft Corporation |
No change
1,495
|
$668,000 | 0.29% |
| Union Pacific Corp. |
No change
2,925
|
$662,000 | 0.29% |
| Coterra Energy Inc |
No change
22,437
|
$598,000 | 0.26% |
| Fidelity Tr 500 Index Ins Prem |
0.30%
3,021
|
$575,000 | 0.25% |
| Caterpillar Inc. |
No change
1,700
|
$566,000 | 0.24% |
| NVIDIA Corp |
Opened
4,550
|
$562,000 | 0.24% |
| AMGEN Inc. |
No change
1,325
|
$414,000 | 0.18% |
| Commerce Bancshares, Inc. |
No change
6,637
|
$370,000 | 0.16% |
| The Southern Co. |
No change
4,650
|
$361,000 | 0.16% |
| Home Depot, Inc. |
No change
1,016
|
$350,000 | 0.15% |
| NextEra Energy Inc |
No change
4,464
|
$316,000 | 0.14% |
| Service Corp Intl |
No change
3,700
|
$263,000 | 0.11% |
| Fifth Third Bancorp |
Closed
6,850
|
$255,000 | |
| Ishares S&p 100 Etf |
No change
900
|
$238,000 | 0.10% |
| Alphabet Inc Cap Stock Cl C |
Opened
1,260
|
$231,000 | 0.10% |
| Spdr S&p 500 Etf Tr |
No change
400
|
$218,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 54 holdings | |||
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