Consolidated Investment is an investment fund managing more than $501 million ran by David Merage. There are currently 60 companies in Mr. Merage’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Invesco Exchange Traded Fd T, together worth $117 million.
As of 15th July 2024, Consolidated Investment’s top holding is 115,070 shares of Spdr S&p 500 Etf Tr currently worth over $62.6 million and making up 12.5% of the portfolio value.
In addition, the fund holds 331,800 shares of Invesco Exchange Traded Fd T worth $54.5 million.
The third-largest holding is Ishares Tr worth $55.1 million and the next is NVIDIA Corp worth $19.4 million, with 157,000 shares owned.
Currently, Consolidated Investment's portfolio is worth at least $501 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.
The Consolidated Investment office and employees reside in Englewood, Colorado. According to the last 13-F report filed with the SEC, David Merage serves as the Manager, Chief Executive Officer and President at Consolidated Investment.
In the most recent 13F filing, Consolidated Investment revealed that it had opened a new position in
Uber Technologies Inc and bought 37,800 shares worth $2.75 million.
This means they effectively own approximately 0.1% of the company.
Uber Technologies Inc makes up
2.4%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Invesco Exchange Traded Fd T by buying
43,000 additional shares.
This makes their stake in Invesco Exchange Traded Fd T total 331,800 shares worth $54.5 million.
On the other hand, there are companies that Consolidated Investment is getting rid of from its portfolio.
Consolidated Investment closed its position in Nxp Semiconductors N V on 22nd July 2024.
It sold the previously owned 7,679 shares for $1.9 million.
David Merage also disclosed a decreased stake in Broadcom by 0.1%.
This leaves the value of the investment at $18.2 million and 11,334 shares.
The two most similar investment funds to Consolidated Investment are Needham Investment Management and Front Street Capital Management. They manage $501 million and $501 million respectively.
Consolidated Investment’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 22.9% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 6.7% of the portfolio.
The average market cap of the portfolio companies is close to $248 billion.
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
No change
115,070
|
$62,623,000 | 12.50% |
| Invesco Exchange Traded Fd T |
14.89%
331,800
|
$54,508,000 | 10.88% |
| Ishares Tr |
No change
643,487
|
$55,116,000 | 11.00% |
| NVIDIA Corp |
900.00%
157,000
|
$19,396,000 | 3.87% |
| Broadcom Inc. |
13.95%
11,334
|
$18,198,000 | 3.63% |
| Micron Technology Inc. |
No change
137,584
|
$18,097,000 | 3.61% |
| Palo Alto Networks Inc |
No change
44,316
|
$15,023,000 | 3.00% |
| Alphabet Inc |
9.36%
105,980
|
$19,339,000 | 3.86% |
| Apple Inc |
21.30%
66,172
|
$13,937,000 | 2.78% |
| Microsoft Corporation |
No change
28,089
|
$12,554,000 | 2.51% |
| Amazon.com Inc. |
No change
57,120
|
$11,038,000 | 2.20% |
| Blackstone Inc |
No change
86,229
|
$10,675,000 | 2.13% |
| ServiceNow Inc |
No change
12,000
|
$9,440,000 | 1.88% |
| MGM Resorts International |
No change
197,773
|
$8,789,000 | 1.75% |
| Bk Of America Corp |
No change
202,013
|
$8,034,000 | 1.60% |
| Thermo Fisher Scientific Inc. |
No change
14,300
|
$7,908,000 | 1.58% |
| Unitedhealth Group Inc |
8.47%
15,135
|
$7,707,000 | 1.54% |
| Home Depot, Inc. |
12.61%
20,900
|
$7,195,000 | 1.44% |
| Visa Inc |
No change
24,300
|
$6,378,000 | 1.27% |
| Marriott Intl Inc New |
No change
25,981
|
$6,281,000 | 1.25% |
| Salesforce Com Inc |
No change
23,200
|
$5,964,000 | 1.19% |
| Netflix Inc. |
No change
8,804
|
$5,941,000 | 1.19% |
| Berry Global Group Inc |
No change
99,000
|
$5,826,000 | 1.16% |
| Citigroup Inc |
No change
89,767
|
$5,696,000 | 1.14% |
| Williams Cos Inc |
23.05%
133,500
|
$5,674,000 | 1.13% |
| JPMorgan Chase & Co. |
No change
27,692
|
$5,601,000 | 1.12% |
| Honeywell International Inc |
3.80%
25,300
|
$5,403,000 | 1.08% |
| Eaton Corp Plc |
5.03%
17,000
|
$5,330,000 | 1.06% |
| Goldman Sachs Group, Inc. |
No change
11,505
|
$5,204,000 | 1.04% |
| Morgan Stanley |
No change
51,600
|
$5,015,000 | 1.00% |
| Equinix Inc |
No change
6,500
|
$4,918,000 | 0.98% |
| Wabtec |
No change
30,825
|
$4,872,000 | 0.97% |
| Abbvie Inc |
No change
26,900
|
$4,614,000 | 0.92% |
| Arcosa Inc |
No change
49,100
|
$4,096,000 | 0.82% |
| Chevron Corp. |
32.80%
24,700
|
$3,864,000 | 0.77% |
| Playa Hotels & Resorts Nv |
No change
429,490
|
$3,603,000 | 0.72% |
| Universal Hlth Svcs Inc |
No change
19,200
|
$3,550,000 | 0.71% |
| Spdr Gold Tr |
No change
15,000
|
$3,225,000 | 0.64% |
| Eog Res Inc |
No change
24,100
|
$3,034,000 | 0.61% |
| American Tower Corp. |
No change
14,700
|
$2,858,000 | 0.57% |
| Service Corp Intl |
No change
39,000
|
$2,774,000 | 0.55% |
| Uber Technologies Inc |
Opened
37,800
|
$2,747,000 | 0.55% |
| Spdr Ser Tr |
No change
55,700
|
$2,735,000 | 0.55% |
| VanEck ETF Trust |
45.45%
16,200
|
$2,729,000 | 0.54% |
| PayPal Holdings Inc |
No change
42,000
|
$2,437,000 | 0.49% |
| Plymouth Indl Reit Inc |
No change
114,000
|
$2,437,000 | 0.49% |
| Zoetis Inc |
75.00%
14,000
|
$2,427,000 | 0.48% |
| Prologis Inc |
No change
20,000
|
$2,246,000 | 0.45% |
| Linde Plc. |
38.89%
5,000
|
$2,194,000 | 0.44% |
| Danaher Corp. |
13.70%
8,300
|
$2,074,000 | 0.41% |
| Chemed Corp. |
Opened
3,600
|
$1,954,000 | 0.39% |
| Nxp Semiconductors N V |
Closed
7,679
|
$1,903,000 | |
| Penn Natl Gaming Inc |
42.65%
90,300
|
$1,748,000 | 0.35% |
| General Mtrs Co |
No change
31,083
|
$1,444,000 | 0.29% |
| Lowes Cos Inc |
No change
6,126
|
$1,351,000 | 0.27% |
| Starbucks Corp. |
No change
13,098
|
$1,020,000 | 0.20% |
| Sharkninja Inc |
Opened
7,700
|
$579,000 | 0.12% |
| SoFi Technologies, Inc. |
No change
63,000
|
$416,000 | 0.08% |
| Disney Walt Co |
No change
4,150
|
$412,000 | 0.08% |
| Goodyear Tire & Rubr Co |
No change
31,250
|
$355,000 | 0.07% |
| Marqeta Inc |
No change
56,700
|
$311,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||