Berry Group 13F annual report
Berry Group is an investment fund managing more than $221 million ran by Michael Machnowski. There are currently 89 companies in Mr. Machnowski’s portfolio. The largest investments include Vanguard Index Fds and Apple Inc, together worth $72.8 million.
$221 million Assets Under Management (AUM)
As of 4th February 2021, Berry Group’s top holding is 322,037 shares of Vanguard Index Fds currently worth over $58.9 million and making up 26.7% of the portfolio value.
In addition, the fund holds 104,628 shares of Apple Inc worth $13.9 million, whose value grew 23.8% in the past six months.
The third-largest holding is Ishares Tr worth $47.2 million and the next is Vanguard Intl Equity Index F worth $12.3 million, with 226,074 shares owned.
Currently, Berry Group's portfolio is worth at least $221 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 Berry Group
The Berry Group office and employees reside in Worcester, Massachusetts. According to the last 13-F report filed with the SEC, Michael Machnowski serves as the MANAGING PARTNER & CHIEF COMPLIANCE OFFICER at Berry Group.
Recent trades
In the most recent 13F filing, Berry Group revealed that it had opened a new position in
Citigroup Inc and bought 6,700 shares worth $413 thousand.
This means they effectively own approximately 0.1% of the company.
Citigroup Inc makes up
4.4%
of the fund's Finance sector allocation and has decreased its share price by 19.6% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
27,913 additional shares.
This makes their stake in Vanguard Index Fds total 322,037 shares worth $58.9 million.
On the other hand, there are companies that Berry Group is getting rid of from its portfolio.
Berry Group closed its position in Union Pac Corp on 11th February 2021.
It sold the previously owned 2,097 shares for $413 thousand.
Michael Machnowski also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $13.9 million and 104,628 shares.
One of the smaller hedge funds
The two most similar investment funds to Berry Group are Quadrant Capital Management and Oneascent Wealth Management. They manage $221 million and $221 million respectively.
Michael Machnowski investment strategy
Berry Group’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 10.2% of
the total portfolio value.
The fund focuses on investments in the United States as
61.8% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $264 billion.
The complete list of Berry Group trades based on 13F SEC filings
These positions were updated on February 11th 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 |
|---|---|---|---|
| Vanguard Index Fds |
9.49%
322,037
|
$58,899,000 | 26.65% |
| Apple Inc |
1.98%
104,628
|
$13,883,000 | 6.28% |
| Ishares Tr |
7.49%
393,684
|
$47,187,000 | 21.35% |
| Vanguard Intl Equity Index F |
0.89%
226,074
|
$12,329,000 | 5.58% |
| Amazon.com Inc. |
1.02%
1,781
|
$5,801,000 | 2.63% |
| Vanguard Tax-managed Intl Fd |
2.67%
118,708
|
$5,604,000 | 2.54% |
| JPMorgan Chase & Co. |
1.65%
37,549
|
$4,771,000 | 2.16% |
| Spdr S&p 500 Etf Tr |
1.29%
11,950
|
$4,468,000 | 2.02% |
| Johnson & Johnson |
0.27%
19,951
|
$3,140,000 | 1.42% |
| Schwab Strategic Tr |
No change
84,363
|
$3,038,000 | 1.37% |
| Idexx Labs Inc |
0.67%
5,452
|
$2,725,000 | 1.23% |
| Microsoft Corporation |
0.12%
10,098
|
$2,246,000 | 1.02% |
| Qualcomm, Inc. |
10.17%
14,229
|
$2,168,000 | 0.98% |
| Goldman Sachs Group, Inc. |
No change
7,797
|
$2,056,000 | 0.93% |
| Tesla Inc |
7.19%
2,565
|
$1,810,000 | 0.82% |
| NextEra Energy Inc |
349.41%
22,466
|
$1,733,000 | 0.78% |
| Berkshire Hathaway Inc. |
0.02%
5,859
|
$1,706,000 | 0.77% |
| Exxon Mobil Corp. |
3.28%
38,492
|
$1,587,000 | 0.72% |
| Pfizer Inc. |
2.26%
39,153
|
$1,441,000 | 0.65% |
| Alphabet Inc |
4.79%
1,251
|
$2,192,000 | 0.99% |
| Merck & Co Inc |
3.47%
16,956
|
$1,387,000 | 0.63% |
| Vanguard World Fds |
0.02%
6,091
|
$1,750,000 | 0.79% |
| Ark Etf Tr |
32.32%
10,189
|
$1,268,000 | 0.57% |
| Abbvie Inc |
5.76%
11,566
|
$1,239,000 | 0.56% |
| Verizon Communications Inc |
2.11%
21,080
|
$1,238,000 | 0.56% |
| Salesforce.Com Inc |
4.31%
5,450
|
$1,213,000 | 0.55% |
| Mcdonalds Corp |
No change
5,606
|
$1,203,000 | 0.54% |
| Facebook Inc |
No change
4,283
|
$1,170,000 | 0.53% |
| Cigna Corp. |
No change
5,477
|
$1,140,000 | 0.52% |
| Procter And Gamble Co |
0.05%
8,178
|
$1,138,000 | 0.51% |
| Edwards Lifesciences Corp |
No change
11,814
|
$1,078,000 | 0.49% |
| Pepsico Inc |
No change
6,624
|
$982,000 | 0.44% |
| AT&T, Inc. |
5.66%
32,858
|
$945,000 | 0.43% |
| Disney Walt Co |
2.20%
5,110
|
$926,000 | 0.42% |
| Coca-Cola Co |
1.14%
16,689
|
$915,000 | 0.41% |
| Broadcom Inc. |
20.48%
1,771
|
$775,000 | 0.35% |
| Select Sector Spdr Tr |
0.08%
40,753
|
$2,541,000 | 1.15% |
| Stanley Black & Decker Inc |
7.18%
4,190
|
$748,000 | 0.34% |
| Baxter International Inc. |
No change
9,230
|
$741,000 | 0.34% |
| Sunrun Inc |
6.08%
10,464
|
$726,000 | 0.33% |
| Perkinelmer, Inc. |
No change
5,040
|
$723,000 | 0.33% |
| Intel Corp. |
4.62%
14,308
|
$713,000 | 0.32% |
| AMGEN Inc. |
No change
3,067
|
$705,000 | 0.32% |
| International Business Machs |
105.31%
4,874
|
$614,000 | 0.28% |
| Home Depot, Inc. |
9.43%
2,267
|
$602,000 | 0.27% |
| Graco Inc. |
No change
8,214
|
$594,000 | 0.27% |
| Stryker Corp. |
1.32%
2,303
|
$564,000 | 0.26% |
| Colgate-Palmolive Co. |
No change
6,468
|
$553,000 | 0.25% |
| Abbott Labs |
No change
4,962
|
$543,000 | 0.25% |
| Chevron Corp. |
0.06%
6,240
|
$527,000 | 0.24% |
| Invesco Exchange Traded Fd T |
29.44%
4,089
|
$522,000 | 0.24% |
| Visa Inc |
No change
2,155
|
$471,000 | 0.21% |
| Honeywell International Inc |
No change
2,129
|
$453,000 | 0.21% |
| Constellation Brands Inc |
No change
2,024
|
$443,000 | 0.20% |
| Anaplan Inc |
No change
5,900
|
$424,000 | 0.19% |
| Alibaba Group Hldg Ltd |
No change
1,810
|
$421,000 | 0.19% |
| CRISPR Therapeutics AG |
1.89%
2,751
|
$421,000 | 0.19% |
| Global Pmts Inc |
0.10%
1,931
|
$416,000 | 0.19% |
| Citigroup Inc |
Opened
6,700
|
$413,000 | 0.19% |
| Union Pac Corp |
Closed
2,097
|
$413,000 | |
| CVS Health Corp |
No change
6,000
|
$410,000 | 0.19% |
| American Tower Corp. |
0.05%
1,822
|
$409,000 | 0.19% |
| Vanguard Whitehall Fds |
No change
4,307
|
$394,000 | 0.18% |
| General Mls Inc |
No change
6,538
|
$384,000 | 0.17% |
| Wayfair Inc |
No change
1,664
|
$376,000 | 0.17% |
| Dominion Energy Inc |
No change
4,833
|
$363,000 | 0.16% |
| Costco Whsl Corp New |
23.34%
946
|
$356,000 | 0.16% |
| Lilly Eli & Co |
9.78%
2,049
|
$346,000 | 0.16% |
| Adobe Systems Incorporated |
No change
688
|
$344,000 | 0.16% |
| Cloudflare Inc |
15.38%
4,400
|
$334,000 | 0.15% |
| Cisco Sys Inc |
No change
7,395
|
$331,000 | 0.15% |
| 3M Co. |
No change
1,871
|
$327,000 | 0.15% |
| Berkshire Hathaway Inc. |
Closed
1
|
$320,000 | |
| NetFlix Inc |
No change
588
|
$318,000 | 0.14% |
| Raytheon Technologies Corporation |
0.11%
4,423
|
$316,000 | 0.14% |
| Vanguard Bd Index Fds |
5.75%
3,533
|
$312,000 | 0.14% |
| V F Corp |
Opened
3,620
|
$309,000 | 0.14% |
| Eversource Energy |
No change
3,565
|
$308,000 | 0.14% |
| Caterpillar Inc. |
No change
1,691
|
$308,000 | 0.14% |
| Spdr Gold Tr |
11.19%
1,714
|
$306,000 | 0.14% |
| Spdr Ser Tr |
19.17%
2,586
|
$282,000 | 0.13% |
| Thermo Fisher Scientific Inc. |
2.04%
599
|
$279,000 | 0.13% |
| Square Inc |
Opened
1,250
|
$272,000 | 0.12% |
| Medtronic Plc |
4.21%
2,278
|
$267,000 | 0.12% |
| ServiceNow Inc |
15.45%
465
|
$256,000 | 0.12% |
| Freshpet Inc |
Closed
2,000
|
$223,000 | |
| Bristol-Myers Squibb Co. |
No change
3,581
|
$222,000 | 0.10% |
| Duke Energy Corp. |
Opened
2,224
|
$204,000 | 0.09% |
| Gilead Sciences, Inc. |
Closed
3,215
|
$203,000 | |
| Ark Etf Tr |
Opened
1,390
|
$203,000 | 0.09% |
| CSX Corp. |
Opened
2,224
|
$202,000 | 0.09% |
| Public Storage |
Opened
866
|
$200,000 | 0.09% |
| Compania Cervecerias Unidas |
Closed
11,514
|
$149,000 | |
| General Electric Co. |
Closed
11,061
|
$69,000 | |
| United States Antimony Corp. |
No change
15,000
|
$8,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 95 holdings | |||
Hedge funds similar to Berry Group
- Johanson Advisors
- Single Point Partners
- Moisand Fitzgerald Tamayo
- Tarsadia Capital
- Gallagher Arthur J & Co
- Kdi Capital Partners
- Quadrant Capital Management
- Oneascent Wealth Management
- Butensky & Cohen Financial Security, Inc
- Quaker Capital Investments
- Ayalon
- Bay Harbor Wealth Management
- Keywise Capital Management Ltd
- Pds Planning, Inc