Berry Group 13F annual report

Berry Group is an investment fund managing more than $221 million ran by Michael Machnowski. There are currently 89 companies in Mr. Machnowski’s portfolio. The largest investments include Vanguard Index Fds and Apple Inc, together worth $72.8 million.

$221 million Assets Under Management (AUM)

As of 4th February 2021, Berry Group’s top holding is 322,037 shares of Vanguard Index Fds currently worth over $58.9 million and making up 26.7% of the portfolio value. In addition, the fund holds 104,628 shares of Apple Inc worth $13.9 million, whose value grew 23.8% in the past six months. The third-largest holding is Ishares Tr worth $47.2 million and the next is Vanguard Intl Equity Index F worth $12.3 million, with 226,074 shares owned.

Currently, Berry Group's portfolio is worth at least $221 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 Berry Group

The Berry Group office and employees reside in Worcester, Massachusetts. According to the last 13-F report filed with the SEC, Michael Machnowski serves as the MANAGING PARTNER & CHIEF COMPLIANCE OFFICER at Berry Group.

Recent trades

In the most recent 13F filing, Berry Group revealed that it had opened a new position in Citigroup Inc and bought 6,700 shares worth $413 thousand. This means they effectively own approximately 0.1% of the company. Citigroup Inc makes up 4.4% of the fund's Finance sector allocation and has decreased its share price by 19.6% in the past year.

The investment fund also strengthened its position in Vanguard Index Fds by buying 27,913 additional shares. This makes their stake in Vanguard Index Fds total 322,037 shares worth $58.9 million.

On the other hand, there are companies that Berry Group is getting rid of from its portfolio. Berry Group closed its position in Union Pac Corp on 11th February 2021. It sold the previously owned 2,097 shares for $413 thousand. Michael Machnowski also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $13.9 million and 104,628 shares.

One of the smaller hedge funds

The two most similar investment funds to Berry Group are Quadrant Capital Management and Oneascent Wealth Management. They manage $221 million and $221 million respectively.


Michael Machnowski investment strategy

Berry Group’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 10.2% of the total portfolio value. The fund focuses on investments in the United States as 61.8% 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 61% of the total holdings value. On the other hand, small-cap stocks make up only 2.2% of the portfolio. The average market cap of the portfolio companies is close to $264 billion.

The complete list of Berry Group trades based on 13F SEC filings

These positions were updated on February 11th 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
Vanguard Index Fds
9.49%
322,037
$58,899,000 26.65%
Apple Inc
1.98%
104,628
$13,883,000 6.28%
Ishares Tr
7.49%
393,684
$47,187,000 21.35%
Vanguard Intl Equity Index F
0.89%
226,074
$12,329,000 5.58%
Amazon.com Inc.
1.02%
1,781
$5,801,000 2.63%
Vanguard Tax-managed Intl Fd
2.67%
118,708
$5,604,000 2.54%
JPMorgan Chase & Co.
1.65%
37,549
$4,771,000 2.16%
Spdr S&p 500 Etf Tr
1.29%
11,950
$4,468,000 2.02%
Johnson & Johnson
0.27%
19,951
$3,140,000 1.42%
Schwab Strategic Tr
No change
84,363
$3,038,000 1.37%
Idexx Labs Inc
0.67%
5,452
$2,725,000 1.23%
Microsoft Corporation
0.12%
10,098
$2,246,000 1.02%
Qualcomm, Inc.
10.17%
14,229
$2,168,000 0.98%
Goldman Sachs Group, Inc.
No change
7,797
$2,056,000 0.93%
Tesla Inc
7.19%
2,565
$1,810,000 0.82%
NextEra Energy Inc
349.41%
22,466
$1,733,000 0.78%
Berkshire Hathaway Inc.
0.02%
5,859
$1,706,000 0.77%
Exxon Mobil Corp.
3.28%
38,492
$1,587,000 0.72%
Pfizer Inc.
2.26%
39,153
$1,441,000 0.65%
Alphabet Inc
4.79%
1,251
$2,192,000 0.99%
Merck & Co Inc
3.47%
16,956
$1,387,000 0.63%
Vanguard World Fds
0.02%
6,091
$1,750,000 0.79%
Ark Etf Tr
32.32%
10,189
$1,268,000 0.57%
Abbvie Inc
5.76%
11,566
$1,239,000 0.56%
Verizon Communications Inc
2.11%
21,080
$1,238,000 0.56%
Salesforce.Com Inc
4.31%
5,450
$1,213,000 0.55%
Mcdonalds Corp
No change
5,606
$1,203,000 0.54%
Facebook Inc
No change
4,283
$1,170,000 0.53%
Cigna Corp.
No change
5,477
$1,140,000 0.52%
Procter And Gamble Co
0.05%
8,178
$1,138,000 0.51%
Edwards Lifesciences Corp
No change
11,814
$1,078,000 0.49%
Pepsico Inc
No change
6,624
$982,000 0.44%
AT&T, Inc.
5.66%
32,858
$945,000 0.43%
Disney Walt Co
2.20%
5,110
$926,000 0.42%
Coca-Cola Co
1.14%
16,689
$915,000 0.41%
Broadcom Inc.
20.48%
1,771
$775,000 0.35%
Select Sector Spdr Tr
0.08%
40,753
$2,541,000 1.15%
Stanley Black & Decker Inc
7.18%
4,190
$748,000 0.34%
Baxter International Inc.
No change
9,230
$741,000 0.34%
Sunrun Inc
6.08%
10,464
$726,000 0.33%
Perkinelmer, Inc.
No change
5,040
$723,000 0.33%
Intel Corp.
4.62%
14,308
$713,000 0.32%
AMGEN Inc.
No change
3,067
$705,000 0.32%
International Business Machs
105.31%
4,874
$614,000 0.28%
Home Depot, Inc.
9.43%
2,267
$602,000 0.27%
Graco Inc.
No change
8,214
$594,000 0.27%
Stryker Corp.
1.32%
2,303
$564,000 0.26%
Colgate-Palmolive Co.
No change
6,468
$553,000 0.25%
Abbott Labs
No change
4,962
$543,000 0.25%
Chevron Corp.
0.06%
6,240
$527,000 0.24%
Invesco Exchange Traded Fd T
29.44%
4,089
$522,000 0.24%
Visa Inc
No change
2,155
$471,000 0.21%
Honeywell International Inc
No change
2,129
$453,000 0.21%
Constellation Brands Inc
No change
2,024
$443,000 0.20%
Anaplan Inc
No change
5,900
$424,000 0.19%
Alibaba Group Hldg Ltd
No change
1,810
$421,000 0.19%
CRISPR Therapeutics AG
1.89%
2,751
$421,000 0.19%
Global Pmts Inc
0.10%
1,931
$416,000 0.19%
Citigroup Inc
Opened
6,700
$413,000 0.19%
Union Pac Corp
Closed
2,097
$413,000
CVS Health Corp
No change
6,000
$410,000 0.19%
American Tower Corp.
0.05%
1,822
$409,000 0.19%
Vanguard Whitehall Fds
No change
4,307
$394,000 0.18%
General Mls Inc
No change
6,538
$384,000 0.17%
Wayfair Inc
No change
1,664
$376,000 0.17%
Dominion Energy Inc
No change
4,833
$363,000 0.16%
Costco Whsl Corp New
23.34%
946
$356,000 0.16%
Lilly Eli & Co
9.78%
2,049
$346,000 0.16%
Adobe Systems Incorporated
No change
688
$344,000 0.16%
Cloudflare Inc
15.38%
4,400
$334,000 0.15%
Cisco Sys Inc
No change
7,395
$331,000 0.15%
3M Co.
No change
1,871
$327,000 0.15%
Berkshire Hathaway Inc.
Closed
1
$320,000
NetFlix Inc
No change
588
$318,000 0.14%
Raytheon Technologies Corporation
0.11%
4,423
$316,000 0.14%
Vanguard Bd Index Fds
5.75%
3,533
$312,000 0.14%
V F Corp
Opened
3,620
$309,000 0.14%
Eversource Energy
No change
3,565
$308,000 0.14%
Caterpillar Inc.
No change
1,691
$308,000 0.14%
Spdr Gold Tr
11.19%
1,714
$306,000 0.14%
Spdr Ser Tr
19.17%
2,586
$282,000 0.13%
Thermo Fisher Scientific Inc.
2.04%
599
$279,000 0.13%
Square Inc
Opened
1,250
$272,000 0.12%
Medtronic Plc
4.21%
2,278
$267,000 0.12%
ServiceNow Inc
15.45%
465
$256,000 0.12%
Freshpet Inc
Closed
2,000
$223,000
Bristol-Myers Squibb Co.
No change
3,581
$222,000 0.10%
Duke Energy Corp.
Opened
2,224
$204,000 0.09%
Gilead Sciences, Inc.
Closed
3,215
$203,000
Ark Etf Tr
Opened
1,390
$203,000 0.09%
CSX Corp.
Opened
2,224
$202,000 0.09%
Public Storage
Opened
866
$200,000 0.09%
Compania Cervecerias Unidas
Closed
11,514
$149,000
General Electric Co.
Closed
11,061
$69,000
United States Antimony Corp.
No change
15,000
$8,000 0.00%
No transactions found
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