Grace & Mercy Foundation 13F annual report
Grace & Mercy Foundation is an investment fund managing more than $330 billion ran by Imhyuk Yi. There are currently 20 companies in Yi’s portfolio. The largest investments include Alphabet Inc and Meta Platforms Inc, together worth $118 billion.
$330 billion Assets Under Management (AUM)
As of 7th November 2023, Grace & Mercy Foundation’s top holding is 453,300 shares of Alphabet Inc currently worth over $59.3 billion and making up 18.0% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Grace & Mercy Foundation owns more than approximately 0.1% of the company.
In addition, the fund holds 195,375 shares of Meta Platforms Inc worth $58.7 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Amazon.com worth $56.3 billion and the next is Microsoft worth $40.8 billion, with 129,230 shares owned.
Currently, Grace & Mercy Foundation's portfolio is worth at least $330 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 Grace & Mercy Foundation
The Grace & Mercy Foundation office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Imhyuk Yi serves as the Treasurer of The Grace & Mercy Foundation, Inc. at Grace & Mercy Foundation.
Recent trades
In the most recent 13F filing, Grace & Mercy Foundation revealed that it had opened a new position in
Disney Walt Co and bought 235,000 shares worth $19 billion.
The investment fund also strengthened its position in Alphabet Inc by buying
162,500 additional shares.
This makes their stake in Alphabet Inc total 453,300 shares worth $59.3 billion.
Alphabet Inc soared 38.0% in the past year.
On the other hand, there are companies that Grace & Mercy Foundation is getting rid of from its portfolio.
Grace & Mercy Foundation closed its position in NVIDIA Corp on 14th November 2023.
It sold the previously owned 36,353 shares for $5.31 billion.
Imhyuk Yi also disclosed a decreased stake in Meta Platforms Inc by 0.3%.
This leaves the value of the investment at $58.7 billion and 195,375 shares.
One of the average hedge funds
The two most similar investment funds to Grace & Mercy Foundation are Nextech Invest and Ica Wealth Management. They manage $330 billion and $330 billion respectively.
Imhyuk Yi investment strategy
Grace & Mercy Foundation’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 64.3% of
the total portfolio value.
The fund focuses on investments in the United States as
70.0% 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
65% 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 $445 billion.
The complete list of Grace & Mercy Foundation trades based on 13F SEC filings
These positions were updated on November 14th 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 |
|---|---|---|---|
| Alphabet Inc |
55.88%
453,300
|
$59,318,838,000 | 17.97% |
| Meta Platforms Inc |
30.35%
195,375
|
$58,653,529,000 | 17.76% |
| Amazon.com Inc. |
58.68%
443,200
|
$56,339,584,000 | 17.06% |
| Microsoft Corporation |
12.74%
129,230
|
$40,804,373,000 | 12.36% |
| Adobe Inc |
5.28%
55,800
|
$28,452,420,000 | 8.62% |
| Netflix Inc. |
6.80%
55,000
|
$20,768,000,000 | 6.29% |
| Disney Walt Co |
Opened
235,000
|
$19,046,750,000 | 5.77% |
| ServiceNow Inc |
49.40%
21,000
|
$11,738,160,000 | 3.55% |
| Unity Software Inc. |
87.38%
362,400
|
$11,375,736,000 | 3.45% |
| Apple Inc |
44.83%
60,300
|
$10,323,963,000 | 3.13% |
| NVIDIA Corp |
Closed
36,353
|
$5,312,627,000 | |
| Roblox Corporation |
22.11%
149,100
|
$4,317,936,000 | 1.31% |
| Taiwan Semiconductor Mfg Ltd |
Opened
27,000
|
$2,346,300,000 | 0.71% |
| Alibaba Group Hldg Ltd |
Opened
16,000
|
$1,387,840,000 | 0.42% |
| Salesforce Inc |
Opened
5,500
|
$1,115,290,000 | 0.34% |
| Procore Technologies, Inc. |
No change
13,925
|
$909,581,000 | 0.28% |
| V F Corp |
Opened
48,000
|
$848,160,000 | 0.26% |
| Coinbase Global Inc |
No change
10,719
|
$804,783,000 | 0.24% |
| Etsy Inc |
Opened
11,500
|
$742,670,000 | 0.22% |
| Chewy Inc |
Opened
33,000
|
$602,580,000 | 0.18% |
| Asml Holding N V |
Opened
500
|
$294,330,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
Hedge funds similar to Grace & Mercy Foundation
- Compass Inc/sd
- Elgethun Capital Management
- Bornite Capital Management L.P.
- First Beijing Investment Ltd
- Adw Capital Management
- Hanlon Investment Management
- Stordahl Capital Management
- Nextech Invest
- Ica Wealth Management
- Analog Century Management L.P.
- Seafarer Capital Partners
- Chi Advisors
- Doliver Advisors, L.P.
- Sona Asset Management (us)