Lountzis Asset Management 13F annual report

Lountzis Asset Management is an investment fund managing more than $214 billion ran by Timothy Whitmoyer. There are currently 46 companies in Mr. Whitmoyer’s portfolio. The largest investments include Berkshire Hathaway and Applied Materials, together worth $82 billion.

Limited to 30 biggest holdings

$214 billion Assets Under Management (AUM)

As of 25th July 2024, Lountzis Asset Management’s top holding is 139,475 shares of Berkshire Hathaway currently worth over $56.7 billion and making up 26.5% of the portfolio value. Relative to the number of outstanding shares of Berkshire Hathaway, Lountzis Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 106,881 shares of Applied Materials worth $25.2 billion, whose value grew 27.1% in the past six months. The third-largest holding is Progressive worth $16.8 billion and the next is Wells Fargo Co worth $15 billion, with 252,233 shares owned.

Currently, Lountzis Asset Management's portfolio is worth at least $214 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 Lountzis Asset Management

The Lountzis Asset Management office and employees reside in Wyomissing, Pennsylvania. According to the last 13-F report filed with the SEC, Timothy Whitmoyer serves as the Operations Analyst at Lountzis Asset Management.

Recent trades

In the most recent 13F filing, Lountzis Asset Management revealed that it had opened a new position in Skywater Technology Inc and bought 289,088 shares worth $2.21 billion.

The investment fund also strengthened its position in Exxon Mobil by buying 27 additional shares. This makes their stake in Exxon Mobil total 7,010 shares worth $807 million. Exxon Mobil soared 11.2% in the past year.

On the other hand, there are companies that Lountzis Asset Management is getting rid of from its portfolio. Lountzis Asset Management closed its position in Lab Co Of Amer Hldg on 1st August 2024. It sold the previously owned 9,518 shares for $2.08 billion. Timothy Whitmoyer also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $56.7 billion and 139,475 shares.

One of the smallest hedge funds

The two most similar investment funds to Lountzis Asset Management are Capasso Planning Partners and Leisure Capital Management. They manage $214 billion and $214 billion respectively.

Timothy Whitmoyer investment strategy

Lountzis Asset Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Finance — making up 34.6% of the total portfolio value. The fund focuses on investments in the United States as 45.7% 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 41% 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 $367 billion.

The complete list of Lountzis Asset Management trades based on 13F SEC filings

These positions were updated on August 1st 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
Berkshire Hathaway Inc.	0.18% 139,475	$56,738,430,000	26.52%
Applied Materials Inc.	0.13% 106,881	$25,222,847,000	11.79%
Progressive Corp.	0.38% 80,705	$16,763,236,000	7.83%
Wells Fargo Co	0.13% 252,233	$14,980,118,000	7.00%
Brown Brown Inc	0.78% 126,018	$11,267,269,000	5.27%
Kkr Co Inc	0.01% 106,898	$11,249,946,000	5.26%
Us Bancorp	0.17% 251,780	$10,119,038,000	4.73%
Oracle Corp.	No change 61,011	$8,614,753,000	4.03%
Alphabet Inc	0.02% 46,738	$8,513,327,000	3.98%
Zoetis Inc	0.24% 44,320	$7,683,315,000	3.59%
Pepsico Inc	0.24% 38,633	$6,371,741,000	2.98%
Unitedhealth Group Inc	0.48% 11,440	$5,825,934,000	2.72%
Martin Marietta Matr	0.68% 9,259	$5,016,526,000	2.34%
Lowes Companies Inc	No change 17,496	$3,857,168,000	1.80%
Cloudflare Inc	0.05% 28,523	$2,362,560,000	1.10%
Skywater Technology Inc	Opened 289,088	$2,211,523,000	1.03%
Lab Co Of Amer Hldg	Closed 9,518	$2,079,302,000
Labcorp Holdings Inc.	Opened 9,434	$1,919,913,000	0.90%
Alphabet Inc	No change 6,720	$1,232,582,000	0.58%
Mohawk Industries, Inc.	0.09% 9,063	$1,029,466,000	0.48%
W S F S Finl Co	No change 19,000	$893,000,000	0.42%
Exxon Mobil Corp.	0.39% 7,010	$806,991,000	0.38%
Constellation Software	No change 278	$801,568,000	0.37%
Abbott Laboratories	No change 7,625	$792,314,000	0.37%
Yum Brands Inc.	No change 5,336	$706,807,000	0.33%
Meta Platforms Inc	No change 1,301	$655,990,000	0.31%
Berkshire Hathaway Class A 1/100	No change 100	$612,241,000	0.29%
Charles Schwab Corp.	No change 8,019	$590,920,000	0.28%
Bioventus Inc Class A	No change 100,000	$575,000,000	0.27%
Abbvie Inc	No change 3,300	$566,016,000	0.26%
Aon Plc F Class A	No change 1,900	$557,802,000	0.26%
Bank Of Ny Mellon Co	No change 8,400	$503,076,000	0.24%
Microsoft Corporation	No change 1,103	$492,986,000	0.23%
Inercontinental Exchange	No change 3,278	$448,725,000	0.21%
Carmax Inc	No change 5,597	$410,484,000	0.19%
Elevance Health Inc	No change 755	$409,104,000	0.19%
Fairfax Finl Hl F	No change 342	$389,196,000	0.18%
Formula One Series C (liberty Media Corp)	No change 5,090	$365,666,000	0.17%
Greif Inc	No change 5,950	$345,041,000	0.16%
Fortrea Holdings Inc	Closed 8,486	$340,628,000
Eurofins Scientific	No change 6,518	$325,096,000	0.15%
Jacobs Solutions Inc	No change 2,269	$317,002,000	0.15%
Jpmorgan Chase Co	No change 1,415	$286,198,000	0.13%
Ibm Corp	No change 1,500	$259,425,000	0.12%
Credit Accept Corp	No change 489	$251,678,000	0.12%
Mastercard Inc Class A	No change 500	$220,580,000	0.10%
Linde Plc F	No change 475	$208,435,000	0.10%
Johnson Johnson	No change 1,421	$207,693,000	0.10%
No transactions found
Showing first 500 out of 48 holdings