Narus Partners 13F annual report

Narus Partners is an investment fund managing more than $248 billion ran by Michael Robinson. There are currently 81 companies in Mr. Robinson’s portfolio. The largest investments include Walmart Inc and Select Sector Spdr Tr, together worth $113 billion.

$248 billion Assets Under Management (AUM)

As of 10th July 2024, Narus Partners’s top holding is 1,480,661 shares of Walmart Inc currently worth over $100 billion and making up 40.5% of the portfolio value. Relative to the number of outstanding shares of Walmart Inc, Narus Partners owns more than approximately 0.1% of the company. In addition, the fund holds 111,203 shares of Select Sector Spdr Tr worth $12.3 billion. The third-largest holding is Vanguard Tax-managed Fds worth $4.51 billion and the next is Spdr Gold Tr worth $4.39 billion, with 20,397 shares owned.

Currently, Narus Partners's portfolio is worth at least $248 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 Narus Partners

The Narus Partners office and employees reside in Salt Lake City, Utah. According to the last 13-F report filed with the SEC, Michael Robinson serves as the Owner, Director of Operations & Technology at Narus Partners.

Recent trades

In the most recent 13F filing, Narus Partners revealed that it had opened a new position in UiPath and bought 44,000 shares worth $558 million. This means they effectively own approximately 0.1% of the company. UiPath makes up 4.4% of the fund's Technology sector allocation and has decreased its share price by 29.1% in the past year.

The investment fund also strengthened its position in Vanguard Tax-managed Fds by buying 1,526 additional shares. This makes their stake in Vanguard Tax-managed Fds total 91,196 shares worth $4.51 billion.

On the other hand, there are companies that Narus Partners is getting rid of from its portfolio. Narus Partners closed its position in Humana on 17th July 2024. It sold the previously owned 8,456 shares for $2.93 billion. Michael Robinson also disclosed a decreased stake in Walmart Inc by approximately 0.1%. This leaves the value of the investment at $100 billion and 1,480,661 shares.

One of the smaller hedge funds

The two most similar investment funds to Narus Partners are Longview Wealth Management and Wealthone. They manage $248 billion and $248 billion respectively.


Michael Robinson investment strategy

Narus Partners’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Staples — making up 40.6% of the total portfolio value. The fund focuses on investments in the United States as 46.9% 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 3.7% of the portfolio. The average market cap of the portfolio companies is close to $316 billion.

The complete list of Narus Partners trades based on 13F SEC filings

These positions were updated on July 17th 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
Walmart Inc
0.03%
1,480,661
$100,255,532,000 40.47%
Select Sector Spdr Tr
1.26%
111,203
$12,340,516,000 4.98%
Vanguard Tax-managed Fds
1.70%
91,196
$4,506,903,000 1.82%
Spdr Gold Tr
2.23%
20,397
$4,385,559,000 1.77%
Apple Inc
2.40%
18,018
$3,794,847,000 1.53%
Vanguard Index Fds
1.29%
66,428
$15,596,471,000 6.30%
NVIDIA Corp
865.07%
30,062
$3,713,861,000 1.50%
J P Morgan Exchange Traded F
8.08%
167,797
$8,330,944,000 3.36%
Vanguard Bd Index Fds
8.65%
65,754
$4,816,747,000 1.94%
Schwab Charles Family Fd
12.13%
3,219,885
$3,219,885,000 1.30%
Humana Inc.
Closed
8,456
$2,931,864,000
Vanguard Scottsdale Fds
6.18%
45,871
$3,479,882,000 1.40%
Spdr Ser Tr
0.81%
243,331
$8,921,446,000 3.60%
Ishares Tr
5.07%
286,687
$23,864,823,000 9.63%
Invesco Exch Traded Fd Tr Ii
3.12%
58,467
$2,866,659,000 1.16%
Invesco Db Multi-sector Comm
4.57%
162,181
$2,570,575,000 1.04%
Dimensional Etf Trust
6.05%
114,211
$5,210,545,000 2.10%
Indexiq Active Etf Tr
6.64%
76,710
$1,854,848,000 0.75%
Vanguard World Fd
0.43%
13,982
$2,310,725,000 0.93%
Goldman Sachs Etf Tr
7.61%
18,001
$1,801,554,000 0.73%
Alphabet Inc
1.56%
9,585
$1,745,924,000 0.70%
Meta Platforms Inc
0.99%
3,249
$1,638,239,000 0.66%
Wisdomtree Tr
14.65%
40,699
$1,930,943,000 0.78%
Simplify Exchange Traded Fun
25.58%
63,236
$1,536,639,000 0.62%
Spdr S&p 500 Etf Tr
0.35%
2,590
$1,409,318,000 0.57%
Amazon.com Inc.
2.72%
6,681
$1,291,103,000 0.52%
Oracle Corp.
0.39%
8,995
$1,270,094,000 0.51%
Microsoft Corporation
1.88%
2,598
$1,161,343,000 0.47%
JPMorgan Chase & Co.
1.40%
5,228
$1,057,415,000 0.43%
Berkshire Hathaway Inc.
1.57%
2,527
$1,027,780,000 0.41%
Vanguard Intl Equity Index F
1.60%
23,357
$1,022,105,000 0.41%
Spdr Index Shs Fds
2.44%
33,614
$1,197,501,000 0.48%
VanEck ETF Trust
No change
17,030
$879,600,000 0.36%
Ishares Gold Tr
1.84%
18,567
$815,648,000 0.33%
Qualcomm, Inc.
4.86%
3,686
$734,196,000 0.30%
Vanguard Mun Bd Fds
16.59%
11,950
$598,815,000 0.24%
Healthequity Inc
47.78%
6,526
$562,541,000 0.23%
UiPath, Inc.
Opened
44,000
$557,920,000 0.23%
KLA Corp.
No change
658
$542,528,000 0.22%
Spdr Dow Jones Indl Average
1.48%
1,335
$522,159,000 0.21%
Northrop Grumman Corp.
No change
1,099
$479,109,000 0.19%
Cigna Group (The)
3.26%
1,427
$471,726,000 0.19%
General Dynamics Corp.
3.72%
1,603
$465,094,000 0.19%
Murphy USA Inc
3.82%
981
$460,540,000 0.19%
Vanguard Index Fds
Opened
1,082
$404,679,000 0.16%
Emcor Group, Inc.
2.37%
1,082
$395,017,000 0.16%
Adobe Inc
1.84%
692
$384,573,000 0.16%
Abbvie Inc
11.11%
2,221
$380,946,000 0.15%
Target Corp
No change
2,567
$380,019,000 0.15%
Unitedhealth Group Inc
0.69%
722
$367,686,000 0.15%
Wells Fargo Co New
16.45%
6,024
$357,773,000 0.14%
Costco Whsl Corp New
1.43%
415
$352,612,000 0.14%
Broadcom Inc.
10.66%
218
$350,006,000 0.14%
International Business Machs
0.35%
1,986
$343,398,000 0.14%
Vanguard Specialized Funds
0.06%
1,722
$314,351,000 0.13%
Selective Ins Group Inc
11.28%
3,312
$310,731,000 0.13%
PVH Corp
Opened
2,800
$296,436,000 0.12%
Tjx Cos Inc New
No change
2,645
$291,215,000 0.12%
Sprouts Fmrs Mkt Inc
2.80%
3,477
$290,886,000 0.12%
Cisco Sys Inc
Closed
5,791
$289,016,000
Tesla Inc
Opened
1,459
$288,707,000 0.12%
Exxon Mobil Corp.
16.31%
2,386
$274,676,000 0.11%
Schwab Charles Corp
Closed
3,774
$273,011,000
Ishares Bitcoin Tr
Opened
7,934
$270,867,000 0.11%
Netapp Inc
Opened
2,100
$270,435,000 0.11%
Conocophillips
11.94%
2,337
$267,306,000 0.11%
PayPal Holdings Inc
22.50%
4,388
$254,636,000 0.10%
Lowes Cos Inc
Closed
983
$250,400,000
LKQ Corp
Closed
4,665
$249,158,000
Visa Inc
19.19%
913
$239,504,000 0.10%
Valero Energy Corp.
8.41%
1,525
$239,053,000 0.10%
Novo-nordisk A S
21.95%
1,600
$228,384,000 0.09%
Marathon Pete Corp
0.92%
1,291
$223,963,000 0.09%
AMGEN Inc.
No change
716
$223,714,000 0.09%
First Tr Exchange-traded Fd
4.28%
2,639
$221,782,000 0.09%
TopBuild Corp
Closed
500
$220,365,000
Alphabet Inc
Opened
1,200
$220,104,000 0.09%
Direxion Shs Etf Tr
59.56%
7,535
$217,866,000 0.09%
Home Depot, Inc.
3.82%
630
$216,871,000 0.09%
American Express Co.
0.11%
933
$216,036,000 0.09%
Globe Life Inc.
Closed
1,836
$213,695,000
Simplify Exchange Traded Fun
Opened
4,213
$212,167,000 0.09%
Mckesson Corporation
Opened
359
$209,534,000 0.08%
Travelers Companies Inc.
Closed
910
$209,427,000
Evercore Inc
Opened
999
$208,222,000 0.08%
Ameriprise Finl Inc
No change
479
$204,624,000 0.08%
Applied Matls Inc
Opened
865
$204,131,000 0.08%
Grayscale Bitcoin Tr Btc
Closed
3,199
$202,081,000
Akamai Technologies Inc
36.20%
2,238
$201,554,000 0.08%
Vanguard Index Fds
Closed
852
$200,893,000
Ishares Tr
Closed
2,450
$200,361,000
Invesco Actvely Mngd Etc Fd
Opened
10,914
$153,342,000 0.06%
Extreme Networks Inc.
Closed
11,250
$129,825,000
No transactions found
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