Tagstone Capital 13F annual report
Tagstone Capital is an investment fund managing more than $176 million ran by William Iii. There are currently 49 companies in Mr. Iii’s portfolio. The largest investments include Ishares Tr and Vanguard Scottsdale Fds, together worth $69.4 million.
$176 million Assets Under Management (AUM)
As of 6th August 2024, Tagstone Capital’s top holding is 340,382 shares of Ishares Tr currently worth over $42.7 million and making up 24.3% of the portfolio value.
In addition, the fund holds 330,735 shares of Vanguard Scottsdale Fds worth $26.7 million.
The third-largest holding is Amazon.com worth $12.3 million and the next is Berkshire Hathaway worth $8.99 million, with 22,095 shares owned.
Currently, Tagstone Capital's portfolio is worth at least $176 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 Tagstone Capital
The Tagstone Capital office and employees reside in Charlotte, North Carolina. According to the last 13-F report filed with the SEC, William Iii serves as the President at Tagstone Capital.
Recent trades
In the most recent 13F filing, Tagstone Capital revealed that it had opened a new position in
Dimensional Etf Trust and bought 35,536 shares worth $1.19 million.
The investment fund also strengthened its position in Ishares Tr by buying
1,559 additional shares.
This makes their stake in Ishares Tr total 340,382 shares worth $42.7 million.
On the other hand, there are companies that Tagstone Capital is getting rid of from its portfolio.
Tagstone Capital closed its position in Vanguard Intl Equity Index F on 13th August 2024.
It sold the previously owned 6,144 shares for $259 thousand.
William Iii also disclosed a decreased stake in Vanguard Mun Bd Fds by approximately 0.1%.
This leaves the value of the investment at $3.79 million and 75,588 shares.
One of the smallest hedge funds
The two most similar investment funds to Tagstone Capital are Tcg Advisors, L.P. and Taylor Wealth Management Partners. They manage $176 million and $176 million respectively.
William Iii investment strategy
Tagstone Capital’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 8.3% of
the total portfolio value.
The fund focuses on investments in the United States as
36.7% 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
37% 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 $400 billion.
The complete list of Tagstone Capital trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Ishares Tr |
0.46%
340,382
|
$42,728,000 | 24.28% |
| Vanguard Scottsdale Fds |
6.60%
330,735
|
$26,720,000 | 15.18% |
| Amazon.com Inc. |
0.17%
63,871
|
$12,343,000 | 7.01% |
| Berkshire Hathaway Inc. |
0.14%
22,095
|
$8,988,000 | 5.11% |
| Spdr Ser Tr |
2.61%
274,329
|
$18,906,000 | 10.74% |
| Costco Whsl Corp New |
0.42%
5,998
|
$5,098,000 | 2.90% |
| Dimensional Etf Trust |
1.30%
259,985
|
$12,074,000 | 6.86% |
| Vanguard Index Fds |
1.92%
48,469
|
$8,607,000 | 4.89% |
| Vanguard Mun Bd Fds |
3.92%
75,588
|
$3,788,000 | 2.15% |
| Alphabet Inc |
0.06%
20,048
|
$3,652,000 | 2.07% |
| Vanguard Bd Index Fds |
1.45%
70,799
|
$3,594,000 | 2.04% |
| Union Pac Corp |
1.31%
14,299
|
$3,235,000 | 1.84% |
| Johnson Johnson |
0.84%
22,020
|
$3,218,000 | 1.83% |
| American Express Co. |
0.28%
9,243
|
$2,140,000 | 1.22% |
| Tjx Cos Inc New |
0.35%
19,119
|
$2,105,000 | 1.20% |
| Spdr Index Shs Fds |
3.47%
37,878
|
$1,427,000 | 0.81% |
| NVIDIA Corp |
980.93%
10,658
|
$1,317,000 | 0.75% |
| Progressive Corp. |
0.05%
5,867
|
$1,219,000 | 0.69% |
| AMGEN Inc. |
1.08%
3,656
|
$1,142,000 | 0.65% |
| Bk Of America Corp |
1.19%
19,283
|
$767,000 | 0.44% |
| Lauder Estee Cos Inc |
0.58%
6,379
|
$679,000 | 0.39% |
| Visa Inc |
2.03%
2,416
|
$634,000 | 0.36% |
| Vanguard Specialized Funds |
No change
3,303
|
$606,000 | 0.34% |
| Microsoft Corporation |
13.51%
1,227
|
$548,000 | 0.31% |
| Meta Platforms Inc |
1.85%
1,046
|
$527,000 | 0.30% |
| Apple Inc |
9.46%
2,454
|
$517,000 | 0.29% |
| Jpmorgan Chase Co |
2.67%
2,535
|
$513,000 | 0.29% |
| Esab Corporation |
0.06%
5,237
|
$495,000 | 0.28% |
| Kraneshares Tr |
No change
17,874
|
$483,000 | 0.27% |
| Dimensional Etf Trust |
Opened
35,536
|
$1,186,000 | 0.67% |
| Mondelez International Inc. |
0.64%
7,246
|
$477,000 | 0.27% |
| Schwab Charles Corp |
0.34%
6,471
|
$477,000 | 0.27% |
| Lilly Eli Co |
0.78%
518
|
$469,000 | 0.27% |
| Ulta Beauty Inc |
No change
1,125
|
$434,000 | 0.25% |
| Vanguard Intl Equity Index F |
4.96%
3,663
|
$430,000 | 0.24% |
| Kontoor Brands Inc |
0.73%
6,080
|
$402,000 | 0.23% |
| Yum China Holdings Inc |
0.49%
12,863
|
$397,000 | 0.23% |
| Pepsico Inc |
2.39%
2,402
|
$396,000 | 0.22% |
| Kkr Co Inc |
0.16%
3,766
|
$396,000 | 0.22% |
| J P Morgan Exchange Traded F |
1.84%
6,078
|
$344,000 | 0.20% |
| Ishares Tr |
Opened
7,701
|
$560,000 | 0.32% |
| Carmax Inc |
No change
4,357
|
$320,000 | 0.18% |
| Skechers U S A, Inc. |
No change
3,912
|
$270,000 | 0.15% |
| Vanguard Intl Equity Index F |
Closed
6,144
|
$259,000 | |
| Dicks Sporting Goods, Inc. |
Closed
1,133
|
$256,000 | |
| Chubb Limited |
Opened
969
|
$248,000 | 0.14% |
| Invesco Exchange Traded Fd T |
0.10%
2,092
|
$238,000 | 0.14% |
| Target Corp |
No change
1,590
|
$235,000 | 0.13% |
| Merck Co Inc |
4.18%
1,820
|
$227,000 | 0.13% |
| Enovis Corporation |
2.14%
4,941
|
$223,000 | 0.13% |
| International Business Machs |
Closed
1,148
|
$219,000 | |
| PayPal Holdings Inc |
Closed
3,140
|
$210,000 | |
| Lockheed Martin Corp. |
Opened
434
|
$203,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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