Stewart Asset Management 13F annual report
Stewart Asset Management is an investment fund managing more than $130 billion ran by Gregory Stewart. There are currently 28 companies in Mr. Stewart’s portfolio. The largest investments include Unitedhealth Inc and Mastercard, together worth $30.7 billion.
$130 billion Assets Under Management (AUM)
As of 1st February 2023, Stewart Asset Management’s top holding is 31,566 shares of Unitedhealth Inc currently worth over $16.7 billion and making up 12.8% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Stewart Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 40,049 shares of Mastercard worth $13.9 billion, whose value grew 6.5% in the past six months.
The third-largest holding is Alphabet Inc worth $10.3 billion and the next is Intuitive Surgical Inc worth $9.06 billion, with 34,156 shares owned.
Currently, Stewart Asset Management's portfolio is worth at least $130 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 Stewart Asset Management
The Stewart Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Gregory Stewart serves as the Chief Compliance Officer at Stewart Asset Management.
Recent trades
In the most recent 13F filing, Stewart Asset Management revealed that it had opened a new position in
Ishares Tr and bought 4,322 shares worth $926 million.
The investment fund also strengthened its position in Adobe Systems Incorporated by buying
2,350 additional shares.
This makes their stake in Adobe Systems Incorporated total 12,959 shares worth $4.36 billion.
On the other hand, there are companies that Stewart Asset Management is getting rid of from its portfolio.
Stewart Asset Management closed its position in Elanco Animal Health Inc on 8th February 2023.
It sold the previously owned 149,306 shares for $1.85 million.
Gregory Stewart also disclosed a decreased stake in Unitedhealth Inc by approximately 0.1%.
This leaves the value of the investment at $16.7 billion and 31,566 shares.
One of the largest hedge funds
The two most similar investment funds to Stewart Asset Management are Ridgecrest Wealth Partners and Wfa Of San Diego. They manage $130 billion and $131 billion respectively.
Gregory Stewart investment strategy
Stewart Asset Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Health Care — making up 24.1% of
the total portfolio value.
The fund focuses on investments in the United States as
71.4% 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 approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $416 billion.
The complete list of Stewart Asset Management trades based on 13F SEC filings
These positions were updated on February 8th 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 |
|---|---|---|---|
| Unitedhealth Group Inc |
9.42%
31,566
|
$16,736,000,000 | 12.83% |
| Mastercard Incorporated |
8.46%
40,049
|
$13,926,000,000 | 10.67% |
| Alphabet Inc |
10.04%
116,249
|
$10,315,000,000 | 7.91% |
| Intuitive Surgical Inc |
6.82%
34,156
|
$9,063,000,000 | 6.95% |
| Amazon.com Inc. |
10.95%
100,445
|
$8,437,000,000 | 6.47% |
| Disney Walt Co |
19.35%
88,443
|
$7,684,000,000 | 5.89% |
| Floor & Decor Holdings Inc |
8.49%
108,282
|
$7,540,000,000 | 5.78% |
| NVIDIA Corp |
6.75%
50,678
|
$7,406,000,000 | 5.68% |
| Abbott Labs |
6.81%
46,297
|
$5,083,000,000 | 3.90% |
| Parker-Hannifin Corp. |
2.67%
17,151
|
$4,991,000,000 | 3.83% |
| Dominos Pizza Inc |
8.71%
13,264
|
$4,595,000,000 | 3.52% |
| Adobe Systems Incorporated |
22.15%
12,959
|
$4,361,000,000 | 3.34% |
| Costco Whsl Corp New |
16.20%
8,176
|
$3,732,000,000 | 2.86% |
| Match Group Inc. |
6.81%
89,495
|
$3,713,000,000 | 2.85% |
| Danaher Corp. |
0.64%
13,281
|
$3,525,000,000 | 2.70% |
| Apple Inc |
2.16%
22,683
|
$2,947,000,000 | 2.26% |
| MSCI Inc |
10.86%
5,180
|
$2,410,000,000 | 1.85% |
| Thermo Fisher Scientific Inc. |
14.34%
3,787
|
$2,086,000,000 | 1.60% |
| Barrick Gold Corp. |
No change
120,000
|
$2,062,000,000 | 1.58% |
| Automatic Data Processing In |
No change
7,749
|
$1,851,000,000 | 1.42% |
| RH |
No change
6,605
|
$1,765,000,000 | 1.35% |
| Algonquin Pwr Utils Corp |
No change
183,650
|
$1,197,000,000 | 0.92% |
| Microsoft Corporation |
37.47%
4,747
|
$1,138,000,000 | 0.87% |
| Visa Inc |
No change
4,704
|
$977,000,000 | 0.75% |
| Ansys Inc. |
No change
3,900
|
$942,000,000 | 0.72% |
| Ishares Tr |
Opened
4,322
|
$926,000,000 | 0.71% |
| Pool Corporation |
8.86%
2,478
|
$749,000,000 | 0.57% |
| Alphabet Inc |
Opened
3,670
|
$324,000,000 | 0.25% |
| Elanco Animal Health Inc |
Closed
149,306
|
$1,853,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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