Pegasus Asset Management 13F annual report

Pegasus Asset Management is an investment fund managing more than $261 billion ran by Courtney Barba. There are currently 64 companies in Mrs. Barba’s portfolio. The largest investments include Schwab Strategic Tr and Apple Inc, together worth $46.8 billion.

Limited to 30 biggest holdings

$261 billion Assets Under Management (AUM)

As of 18th July 2024, Pegasus Asset Management’s top holding is 445,917 shares of Schwab Strategic Tr currently worth over $28 billion and making up 10.7% of the portfolio value. In addition, the fund holds 89,257 shares of Apple Inc worth $18.8 billion, whose value grew 15.5% in the past six months. The third-largest holding is Microsoft worth $16.7 billion and the next is Alphabet Inc worth $12 billion, with 65,563 shares owned.

Currently, Pegasus Asset Management's portfolio is worth at least $261 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 Pegasus Asset Management

The Pegasus Asset Management office and employees reside in Montebello, New York. According to the last 13-F report filed with the SEC, Courtney Barba serves as the Chief Compliance Officer at Pegasus Asset Management.

Recent trades

In the most recent 13F filing, Pegasus Asset Management revealed that it had opened a new position in Alphabet Inc and bought 65,563 shares worth $12 billion. This means they effectively own approximately 0.1% of the company. Alphabet Inc makes up 23.5% of the fund's Technology sector allocation and has grown its share price by 48.7% in the past year.

The investment fund also strengthened its position in Schwab Strategic Tr by buying 31,496 additional shares. This makes their stake in Schwab Strategic Tr total 445,917 shares worth $28 billion.

On the other hand, there are companies that Pegasus Asset Management is getting rid of from its portfolio. Pegasus Asset Management closed its position in Alphabet Inc on 25th July 2024. It sold the previously owned 60,315 shares for $5.8 million. Courtney Barba also disclosed a decreased stake in Apple Inc by 0.1%. This leaves the value of the investment at $18.8 billion and 89,257 shares.

One of the smaller hedge funds

The two most similar investment funds to Pegasus Asset Management are Capital Performance Advisors LL.P. and Kelly Services. They manage $261 billion and $261 billion respectively.

Courtney Barba investment strategy

Pegasus Asset Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 19.6% of the total portfolio value. The fund focuses on investments in the United States as 59.4% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 1.6% of the portfolio. The average market cap of the portfolio companies is close to $287 billion.

The complete list of Pegasus Asset Management trades based on 13F SEC filings

These positions were updated on July 25th 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
Schwab Strategic Tr	7.60% 445,917	$27,963,735,000	10.72%
Apple Inc	10.30% 89,257	$18,799,254,000	7.21%
Microsoft Corporation	2.78% 37,277	$16,660,808,000	6.39%
Alphabet Inc	Opened 65,563	$12,019,096,000	4.61%
Eaton Corp Plc	Opened 31,658	$9,926,366,000	3.80%
NVIDIA Corp	Opened 78,095	$9,647,889,000	3.70%
Meta Platforms Inc	Opened 17,313	$8,729,803,000	3.35%
Parker-Hannifin Corp.	1.58% 15,264	$7,720,684,000	2.96%
Mastercard Incorporated	Opened 17,396	$7,674,420,000	2.94%
Amazon.com Inc.	7.74% 36,589	$7,070,825,000	2.71%
Jpmorgan Chase Co.	9.36% 33,394	$6,754,342,000	2.59%
Berkshire Hathaway Inc.	7.89% 16,103	$7,122,262,000	2.73%
Goldman Sachs Group, Inc.	Opened 13,663	$6,180,049,000	2.37%
Blackrock Inc.	Opened 7,398	$5,824,594,000	2.23%
Accenture Plc Ireland	Opened 18,576	$5,636,145,000	2.16%
Procter And Gamble Co	5.69% 31,671	$5,223,182,000	2.00%
Carrier Global Corporation	6.52% 80,673	$5,088,853,000	1.95%
RTX Corp	7.63% 49,661	$4,985,468,000	1.91%
Pepsico Inc	4.61% 29,645	$4,889,350,000	1.87%
Chevron Corp.	6.48% 28,660	$4,482,998,000	1.72%
Spdr Sp 500 Etf Tr	Opened 8,018	$4,363,556,000	1.67%
Merck Co Inc	Opened 35,048	$4,338,943,000	1.66%
Salesforce Inc	0.77% 16,312	$4,193,816,000	1.61%
Johnson Johnson	8.60% 28,653	$4,187,852,000	1.61%
Edwards Lifesciences Corp	4.17% 43,287	$3,998,421,000	1.53%
Vanguard Index Fds	9.31% 14,395	$4,032,520,000	1.55%
Duke Energy Corp.	Opened 34,349	$3,442,801,000	1.32%
Devon Energy Corp.	Opened 72,262	$3,425,219,000	1.31%
Disney Walt Co	25.04% 33,313	$3,307,648,000	1.27%
Asml Holding N V	Opened 2,976	$3,043,645,000	1.17%
Rockwell Automation Inc	Opened 11,012	$3,031,384,000	1.16%
Walmart Inc	251.96% 43,597	$2,951,953,000	1.13%
Spdr Sp Midcap 400 Etf Tr	Opened 5,440	$2,910,836,000	1.12%
AGCO Corp.	9.73% 29,625	$2,899,695,000	1.11%
Vertex Pharmaceuticals, Inc.	Opened 5,732	$2,686,704,000	1.03%
Eli Lilly Co	5.44% 2,833	$2,564,942,000	0.98%
Automatic Data Processing In	9.26% 9,147	$2,183,298,000	0.84%
Marriott Intl Inc New	5.82% 8,812	$2,130,478,000	0.82%
Nike, Inc.	4.65% 28,067	$2,115,410,000	0.81%
Home Depot, Inc.	Opened 4,908	$1,689,530,000	0.65%
Stryker Corp.	Opened 4,645	$1,580,462,000	0.61%
Cisco Sys Inc	Opened 31,783	$1,510,011,000	0.58%
Spdr Gold Tr	Opened 5,828	$1,253,079,000	0.48%
Honeywell International Inc	0.79% 5,761	$1,230,204,000	0.47%
MiMedx Group, Inc	No change 167,000	$1,157,310,000	0.44%
Consolidated Edison, Inc.	1.14% 10,357	$926,123,000	0.35%
Exxon Mobil Corp.	Opened 7,996	$920,457,000	0.35%
Spdr Dow Jones Indl Average	Opened 2,152	$841,712,000	0.32%
SoFi Technologies, Inc.	8.16% 111,344	$735,984,000	0.28%
Zoetis Inc	22.84% 3,000	$520,080,000	0.20%
Tesla Inc	0.75% 2,424	$479,662,000	0.18%
International Business Machs	No change 2,514	$434,797,000	0.17%
Pfizer Inc.	14.62% 13,612	$380,864,000	0.15%
Ishares Tr	9.00% 1,386	$363,867,000	0.14%
Union Pac Corp	Opened 1,402	$317,310,000	0.12%
Schwab Strategic Tr	Opened 6,424	$556,446,000	0.21%
Ishares Tr	Opened 516	$282,371,000	0.11%
Aflac Inc.	Opened 3,052	$272,575,000	0.10%
Neogen Corp.	12.57% 17,205	$268,915,000	0.10%
Clorox Co.	56.10% 1,909	$260,522,000	0.10%
Public Svc Enterprise Grp In	Opened 2,949	$217,342,000	0.08%
Iron Mtn Inc Del	79.20% 2,300	$206,126,000	0.08%
Blackstone Inc	Opened 1,625	$201,175,000	0.08%
Relmada Therapeutics Inc	No change 26,958	$80,874,000	0.03%
Alphabet Inc	Closed 60,315	$5,799,000
Mastercard Incorporated	Closed 17,505	$4,977,000
Accenture Plc Ireland	Closed 17,924	$4,612,000
Eaton Corp Plc	Closed 32,237	$4,299,000
Blackrock Inc.	Closed 7,013	$3,859,000
Goldman Sachs Group, Inc.	Closed 12,984	$3,805,000
Arista Networks Inc	Closed 28,570	$3,225,000
Spdr Sp 500 Etf Tr	Closed 8,508	$3,039,000
Merck Co Inc	Closed 34,640	$2,983,000
Bank Amer Corp	Closed 95,968	$2,898,000
Elevance Health Inc	Closed 6,245	$2,837,000
ON Semiconductor Corp.	Closed 45,292	$2,823,000
Fortinet Inc	Closed 57,080	$2,804,000
Northern Lights Fund Trust	Closed 28,920	$2,690,000
Activision Blizzard Inc	Closed 36,023	$2,678,000
Spdr Sp Midcap 400 Etf Tr	Closed 6,026	$2,420,000
Meta Platforms Inc	Closed 15,624	$2,120,000
Bristol-Myers Squibb Co.	Closed 27,606	$1,963,000
Airbnb, Inc.	Closed 12,281	$1,290,000
Verizon Communications Inc	Closed 33,056	$1,255,000
Cisco Systems, Inc.	Closed 28,527	$1,141,000
Roblox Corporation	Closed 29,023	$1,040,000
NVIDIA Corp	Closed 8,441	$1,025,000
Spdr Gold Trust	Closed 5,503	$851,000
Spdr Dow Jones Indl Avrg Etf	Closed 2,670	$767,000
Intel Corp.	Closed 27,960	$721,000
Exxon Mobil Corp.	Closed 5,198	$454,000
Alphabet Inc	Closed 3,240	$310,000
Schwab Strategic Tr	Closed 8,646	$243,000
Wells Fargo Co New	Closed 5,215	$210,000
Lexicon Pharmaceuticals Inc	Closed 10,000	$24,000
No transactions found
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