Ascension Asset Management 13F annual report
Ascension Asset Management is an investment fund managing more than $185 billion ran by Grenville Gooder. There are currently 86 companies in Gooder’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $26.9 billion.
$185 billion Assets Under Management (AUM)
As of 3rd May 2024, Ascension Asset Management’s top holding is 18,400 shares of NVIDIA Corp currently worth over $16.6 billion and making up 9.0% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Ascension Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 24,460 shares of Microsoft worth $10.3 billion, whose value grew 11.5% in the past six months.
The third-largest holding is Apple Inc worth $6.97 billion and the next is Applied Matls Inc worth $6.14 billion, with 29,786 shares owned.
Currently, Ascension Asset Management's portfolio is worth at least $185 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 Ascension Asset Management
The Ascension Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Grenville Gooder serves as the Managing Member at Ascension Asset Management.
Recent trades
In the most recent 13F filing, Ascension Asset Management revealed that it had opened a new position in
AeroVironment and bought 8,100 shares worth $1.24 billion.
This means they effectively own approximately 0.1% of the company.
AeroVironment makes up
5.4%
of the fund's Industrials sector allocation and has grown its share price by 76.9% in the past year.
The investment fund also strengthened its position in Vanguard World Fd by buying
110 additional shares.
This makes their stake in Vanguard World Fd total 10,703 shares worth $5.61 billion.
On the other hand, there are companies that Ascension Asset Management is getting rid of from its portfolio.
Ascension Asset Management closed its position in Revvity on 10th May 2024.
It sold the previously owned 12,194 shares for $1.45 billion.
Grenville Gooder also disclosed a decreased stake in NVIDIA Corp by approximately 0.1%.
This leaves the value of the investment at $16.6 billion and 18,400 shares.
One of the smallest hedge funds
The two most similar investment funds to Ascension Asset Management are Fullen and Evergreen Private Wealth. They manage $185 billion and $185 billion respectively.
Grenville Gooder investment strategy
Ascension Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 30.2% of
the total portfolio value.
The fund focuses on investments in the United States as
66.3% 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
66% 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 $190 billion.
The complete list of Ascension Asset Management trades based on 13F SEC filings
These positions were updated on May 10th 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 |
|---|---|---|---|
| NVIDIA Corp |
3.13%
18,400
|
$16,625,504,000 | 8.96% |
| Microsoft Corporation |
1.45%
24,460
|
$10,290,811,000 | 5.55% |
| Apple Inc |
10.31%
40,649
|
$6,970,491,000 | 3.76% |
| Applied Matls Inc |
1.00%
29,786
|
$6,142,767,000 | 3.31% |
| Vanguard World Fd |
1.04%
10,703
|
$5,612,011,000 | 3.03% |
| Johnson Johnson |
1.80%
34,069
|
$5,389,375,000 | 2.91% |
| Parker-Hannifin Corp. |
3.03%
8,467
|
$4,705,874,000 | 2.54% |
| Thermo Fisher Scientific Inc. |
1.65%
7,449
|
$4,329,433,000 | 2.33% |
| RTX Corp |
0.77%
38,414
|
$3,746,517,000 | 2.02% |
| Qualcomm, Inc. |
0.24%
20,967
|
$3,549,713,000 | 1.91% |
| Alphabet Inc |
2.37%
21,660
|
$3,297,952,000 | 1.78% |
| Analog Devices Inc. |
0.60%
16,450
|
$3,253,646,000 | 1.75% |
| Norfolk Southn Corp |
0.82%
12,141
|
$3,094,377,000 | 1.67% |
| Linde Plc. |
0.76%
6,493
|
$3,014,830,000 | 1.63% |
| Automatic Data Processing In |
1.05%
11,750
|
$2,934,445,000 | 1.58% |
| Merck Co Inc |
0.46%
21,749
|
$2,869,781,000 | 1.55% |
| Texas Instrs Inc |
1.21%
16,395
|
$2,856,173,000 | 1.54% |
| Costco Whsl Corp New |
No change
3,825
|
$2,802,310,000 | 1.51% |
| Amazon.com Inc. |
0.65%
15,250
|
$2,750,795,000 | 1.48% |
| Lockheed Martin Corp. |
0.75%
5,960
|
$2,711,025,000 | 1.46% |
| Palo Alto Networks Inc |
0.28%
9,025
|
$2,564,273,000 | 1.38% |
| Illinois Tool Wks Inc |
0.78%
9,526
|
$2,556,112,000 | 1.38% |
| Eli Lilly Co |
1.27%
3,190
|
$2,481,692,000 | 1.34% |
| Procter And Gamble Co |
1.14%
15,198
|
$2,465,876,000 | 1.33% |
| Home Depot, Inc. |
1.28%
5,949
|
$2,282,036,000 | 1.23% |
| L3Harris Technologies Inc |
0.70%
10,671
|
$2,273,990,000 | 1.23% |
| Advanced Micro Devices Inc. |
No change
12,450
|
$2,247,101,000 | 1.21% |
| Union Pac Corp |
1.88%
9,117
|
$2,242,144,000 | 1.21% |
| CME Group Inc |
0.98%
10,155
|
$2,186,270,000 | 1.18% |
| Honeywell International Inc |
1.32%
10,490
|
$2,153,073,000 | 1.16% |
| Berkshire Hathaway Inc. |
1.75%
4,872
|
$2,048,773,000 | 1.10% |
| Cincinnati Finl Corp |
No change
16,234
|
$2,015,776,000 | 1.09% |
| Cisco Sys Inc |
0.76%
39,190
|
$1,955,973,000 | 1.05% |
| AMGEN Inc. |
1.50%
6,762
|
$1,922,572,000 | 1.04% |
| KLA Corp. |
No change
2,660
|
$1,858,196,000 | 1.00% |
| Pepsico Inc |
0.47%
10,530
|
$1,842,855,000 | 0.99% |
| Abbvie Inc |
4.76%
10,012
|
$1,823,185,000 | 0.98% |
| Lam Research Corp. |
No change
1,861
|
$1,808,092,000 | 0.97% |
| Wabtec |
1.70%
11,966
|
$1,743,207,000 | 0.94% |
| Cadence Design System Inc |
1.83%
5,575
|
$1,735,386,000 | 0.94% |
| Edwards Lifesciences Corp |
0.70%
17,925
|
$1,712,913,000 | 0.92% |
| Air Prods Chems Inc |
0.72%
6,900
|
$1,671,663,000 | 0.90% |
| Arista Networks Inc |
2.23%
5,725
|
$1,660,136,000 | 0.89% |
| Genuine Parts Co. |
2.30%
10,600
|
$1,642,258,000 | 0.89% |
| Cummins Inc. |
1.86%
5,470
|
$1,611,736,000 | 0.87% |
| Pioneer Nat Res Co |
2.52%
5,800
|
$1,522,500,000 | 0.82% |
| Boeing Co. |
1.29%
7,670
|
$1,480,233,000 | 0.80% |
| Sysco Corp. |
No change
18,000
|
$1,461,240,000 | 0.79% |
| Revvity Inc. |
Closed
12,194
|
$1,448,525,000 | |
| American Wtr Wks Co Inc New |
6.42%
11,666
|
$1,425,702,000 | 0.77% |
| Roper Technologies Inc |
0.78%
2,540
|
$1,424,534,000 | 0.77% |
| Chevron Corp. |
18.88%
9,025
|
$1,423,604,000 | 0.77% |
| Salesforce Inc |
0.53%
4,715
|
$1,420,064,000 | 0.77% |
| United Parcel Service, Inc. |
3.26%
9,508
|
$1,413,174,000 | 0.76% |
| Resmed Inc. |
51.22%
7,115
|
$1,408,983,000 | 0.76% |
| Cognizant Technology Solutio |
0.53%
18,718
|
$1,371,842,000 | 0.74% |
| Intel Corp. |
No change
30,403
|
$1,342,901,000 | 0.72% |
| Adobe Inc |
No change
2,580
|
$1,301,868,000 | 0.70% |
| AeroVironment Inc. |
Opened
8,100
|
$1,241,568,000 | 0.67% |
| Kimberly-Clark Corp. |
4.02%
9,552
|
$1,235,551,000 | 0.67% |
| Bio-Techne Corp |
No change
17,552
|
$1,235,485,000 | 0.67% |
| Abbott Labs |
0.47%
10,613
|
$1,206,274,000 | 0.65% |
| Coca-Cola Co |
No change
19,200
|
$1,174,656,000 | 0.63% |
| Snowflake Inc. |
Opened
7,138
|
$1,153,501,000 | 0.62% |
| Coterra Energy Inc |
No change
40,300
|
$1,123,564,000 | 0.61% |
| Becton Dickinson Co |
Closed
4,203
|
$1,109,634,000 | |
| Xylem Inc |
No change
8,584
|
$1,096,472,000 | 0.59% |
| Devon Energy Corp. |
5.66%
20,000
|
$1,003,600,000 | 0.54% |
| Northrop Grumman Corp. |
1.09%
1,820
|
$871,161,000 | 0.47% |
| Cigna Group (The) |
No change
2,285
|
$829,889,000 | 0.45% |
| Mettler-Toledo International, Inc. |
No change
600
|
$798,774,000 | 0.43% |
| Jpmorgan Chase Co |
57.06%
3,780
|
$757,134,000 | 0.41% |
| Danaher Corp. |
4.55%
2,875
|
$717,945,000 | 0.39% |
| Carrier Global Corporation |
Closed
13,835
|
$687,738,000 | |
| Clorox Co. |
No change
4,475
|
$685,167,000 | 0.37% |
| 3M Co. |
0.67%
6,182
|
$655,725,000 | 0.35% |
| Corning, Inc. |
No change
19,784
|
$652,081,000 | 0.35% |
| Otis Worldwide Corporation |
Closed
6,914
|
$615,415,000 | |
| Mcdonalds Corp |
No change
2,000
|
$563,900,000 | 0.30% |
| General Mls Inc |
0.96%
7,700
|
$538,769,000 | 0.29% |
| Fifth Third Bancorp |
No change
14,167
|
$527,154,000 | 0.28% |
| Dell Technologies Inc |
7.77%
4,288
|
$489,304,000 | 0.26% |
| Mueller Inds Inc |
100.00%
8,000
|
$431,440,000 | 0.23% |
| Baxter International Inc. |
No change
9,850
|
$420,989,000 | 0.23% |
| Vanguard Index Fds |
21.74%
700
|
$336,490,000 | 0.18% |
| The Southern Co. |
No change
4,302
|
$308,625,000 | 0.17% |
| Broadcom Inc |
Opened
230
|
$304,844,000 | 0.16% |
| Vmware Inc. |
Closed
2,035
|
$292,409,000 | |
| Tesla Inc |
Closed
1,100
|
$287,947,000 | |
| WEC Energy Group Inc |
No change
3,500
|
$287,420,000 | 0.15% |
| Pfizer Inc. |
Closed
6,393
|
$234,495,000 | |
| General Electric Co |
Opened
1,211
|
$212,567,000 | 0.11% |
| Keycorp |
No change
12,014
|
$189,941,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 93 holdings | |||
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