Absher Wealth Management 13F annual report
Absher Wealth Management is an investment fund managing more than $712 billion ran by Kevin Mishoe. There are currently 59 companies in Mr. Mishoe’s portfolio. The largest investments include M & T Bk Corp and Microsoft, together worth $89.4 billion.
$712 billion Assets Under Management (AUM)
As of 26th July 2024, Absher Wealth Management’s top holding is 336,042 shares of M & T Bk Corp currently worth over $50.9 billion and making up 7.1% of the portfolio value.
In addition, the fund holds 86,249 shares of Microsoft worth $38.5 billion, whose value grew 1.7% in the past six months.
The third-largest holding is Pepsico Inc worth $32.5 billion and the next is Analog Devices worth $30.7 billion, with 134,600 shares owned.
Currently, Absher Wealth Management's portfolio is worth at least $712 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 Absher Wealth Management
The Absher Wealth Management office and employees reside in Chapel Hill, North Carolina. According to the last 13-F report filed with the SEC, Kevin Mishoe serves as the Chief Compliance Officer at Absher Wealth Management.
Recent trades
In the most recent 13F filing, Absher Wealth Management revealed that it had opened a new position in
Adobe Inc and bought 2,488 shares worth $1.38 billion.
This means they effectively own approximately 0.1% of the company.
Adobe Inc makes up
1.4%
of the fund's Technology sector allocation and has grown its share price by 3.0% in the past year.
The investment fund also strengthened its position in Pepsico Inc by buying
12,208 additional shares.
This makes their stake in Pepsico Inc total 197,203 shares worth $32.5 billion.
On the other hand, Kevin Mishoe disclosed a decreased stake in M & T Bk Corp by approximately 0.1%.
This leaves the value of the investment at $50.9 billion and 336,042 shares.
One of the average hedge funds
The two most similar investment funds to Absher Wealth Management are Keeley-teton Advisors and Wealth Architects. They manage $712 billion and $712 billion respectively.
Kevin Mishoe investment strategy
Absher Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 14.8% of
the total portfolio value.
The fund focuses on investments in the United States as
66.1% 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
68% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $284 billion.
The complete list of Absher Wealth Management 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 |
|---|---|---|---|
| M & T Bk Corp |
0.93%
336,042
|
$50,863,365,000 | 7.14% |
| Microsoft Corporation |
2.99%
86,249
|
$38,548,773,000 | 5.41% |
| Pepsico Inc |
6.60%
197,203
|
$32,524,611,000 | 4.57% |
| Analog Devices Inc. |
15.69%
134,600
|
$30,723,690,000 | 4.31% |
| Emerson Elec Co |
1.08%
276,836
|
$30,496,218,000 | 4.28% |
| Johnson & Johnson |
67.95%
206,945
|
$30,247,025,000 | 4.25% |
| Deere & Co. |
7.12%
78,109
|
$29,183,748,000 | 4.10% |
| Walmart Inc |
9.64%
421,065
|
$28,510,300,000 | 4.00% |
| Price T Rowe Group Inc |
0.84%
239,026
|
$27,562,032,000 | 3.87% |
| Starbucks Corp. |
12.48%
340,959
|
$26,543,660,000 | 3.73% |
| JPMorgan Chase & Co. |
7.04%
130,294
|
$26,353,270,000 | 3.70% |
| Ralph Lauren Corp |
1.16%
147,786
|
$25,871,494,000 | 3.63% |
| AMGEN Inc. |
0.91%
78,934
|
$24,662,776,000 | 3.46% |
| Alphabet Inc |
1.18%
139,939
|
$25,499,272,000 | 3.58% |
| Apple Inc |
1.33%
113,796
|
$23,967,793,000 | 3.37% |
| Nike, Inc. |
15.04%
312,132
|
$23,525,367,000 | 3.30% |
| Brown-Forman Corporation |
31.55%
533,596
|
$23,046,002,000 | 3.24% |
| Visa Inc |
0.00%
87,204
|
$22,888,437,000 | 3.21% |
| Mercury Genl Corp New |
39.08%
426,238
|
$22,650,284,000 | 3.18% |
| Costco Whsl Corp New |
30.99%
25,708
|
$21,851,187,000 | 3.07% |
| Berkshire Hathaway Inc. |
1.51%
50,643
|
$20,601,572,000 | 2.89% |
| Fastenal Co. |
6.47%
324,937
|
$20,419,041,000 | 2.87% |
| Abbott Labs |
0.47%
183,839
|
$19,102,753,000 | 2.68% |
| Chevron Corp. |
0.02%
120,753
|
$18,888,178,000 | 2.65% |
| Mcdonalds Corp |
23.31%
73,657
|
$18,770,665,000 | 2.64% |
| Boeing Co. |
3.41%
94,727
|
$17,241,208,000 | 2.42% |
| Lowes Cos Inc |
16.07%
15,520
|
$3,421,505,000 | 0.48% |
| Hershey Company |
36.92%
17,136
|
$3,150,071,000 | 0.44% |
| Diageo plc |
17.33%
20,607
|
$2,598,124,000 | 0.36% |
| Tapestry Inc |
3.55%
41,913
|
$1,793,442,000 | 0.25% |
| Meta Platforms Inc |
0.75%
3,437
|
$1,733,011,000 | 0.24% |
| Cummins Inc. |
32.46%
6,212
|
$1,720,207,000 | 0.24% |
| Disney Walt Co |
24.21%
14,030
|
$1,393,028,000 | 0.20% |
| Adobe Inc |
Opened
2,488
|
$1,382,184,000 | 0.19% |
| Lululemon Athletica inc. |
Opened
4,516
|
$1,348,929,000 | 0.19% |
| Shell Plc |
1.38%
16,063
|
$1,159,441,000 | 0.16% |
| Waters Corp. |
15.91%
3,836
|
$1,112,900,000 | 0.16% |
| Nxp Semiconductors N V |
1.98%
3,512
|
$944,922,000 | 0.13% |
| Mastercard Incorporated |
1.40%
1,815
|
$800,595,000 | 0.11% |
| Inmode Ltd |
48.07%
43,726
|
$797,562,000 | 0.11% |
| NVIDIA Corp |
841.64%
5,970
|
$737,534,000 | 0.10% |
| Merck & Co Inc |
6.75%
5,936
|
$734,877,000 | 0.10% |
| Texas Instrs Inc |
7.00%
3,665
|
$712,952,000 | 0.10% |
| Sony Group Corp |
3.22%
8,223
|
$698,549,000 | 0.10% |
| Philip Morris International Inc |
2.44%
4,961
|
$502,698,000 | 0.07% |
| United Parcel Service, Inc. |
26.81%
3,666
|
$501,692,000 | 0.07% |
| Amazon.com Inc. |
1.55%
2,537
|
$490,275,000 | 0.07% |
| Williams-Sonoma, Inc. |
2.11%
1,673
|
$472,405,000 | 0.07% |
| Home Depot, Inc. |
1.39%
1,277
|
$439,594,000 | 0.06% |
| Honeywell International Inc |
No change
1,950
|
$416,403,000 | 0.06% |
| Paychex Inc. |
3.75%
3,102
|
$367,773,000 | 0.05% |
| Tesla Inc |
No change
1,681
|
$332,636,000 | 0.05% |
| Lockheed Martin Corp. |
1.20%
677
|
$316,227,000 | 0.04% |
| Autozone Inc. |
No change
100
|
$296,410,000 | 0.04% |
| Oracle Corp. |
No change
2,041
|
$288,189,000 | 0.04% |
| Unilever plc |
3.49%
4,954
|
$272,420,000 | 0.04% |
| Duke Energy Corp. |
2.10%
2,560
|
$256,601,000 | 0.04% |
| Vanguard Index Fds |
Opened
936
|
$249,562,000 | 0.04% |
| Procter And Gamble Co |
5.23%
1,214
|
$200,213,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 59 holdings | |||
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