Galvin, Gaustad & Stein 13F annual report

Galvin, Gaustad & Stein is an investment fund managing more than $1.07 trillion ran by Kim Jamieson. There are currently 113 companies in Mrs. Jamieson’s portfolio. The largest investments include Ishares Tr and Unitedhealth Inc, together worth $212 billion.

Limited to 30 biggest holdings

$1.07 trillion Assets Under Management (AUM)

As of 10th July 2024, Galvin, Gaustad & Stein’s top holding is 2,313,498 shares of Ishares Tr currently worth over $177 billion and making up 16.5% of the portfolio value. In addition, the fund holds 67,969 shares of Unitedhealth Inc worth $34.6 billion, whose value grew 4.6% in the past six months. The third-largest holding is Microsoft worth $34.3 billion and the next is Vanguard Tax-managed Fds worth $32.5 billion, with 657,448 shares owned.

Currently, Galvin, Gaustad & Stein's portfolio is worth at least $1.07 trillion. 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 Galvin, Gaustad & Stein

The Galvin, Gaustad & Stein office and employees reside in Scottsdale, Arizona. According to the last 13-F report filed with the SEC, Kim Jamieson serves as the Chief Compliance Officer at Galvin, Gaustad & Stein.

Recent trades

In the most recent 13F filing, Galvin, Gaustad & Stein revealed that it had opened a new position in Labcorp and bought 89,133 shares worth $18.1 billion. This means they effectively own approximately 0.1% of the company. Labcorp makes up 23.6% of the fund's Health Care sector allocation and has grown its share price by 1.8% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 177,594 additional shares. This makes their stake in Ishares Tr total 2,313,498 shares worth $177 billion.

On the other hand, there are companies that Galvin, Gaustad & Stein is getting rid of from its portfolio. Galvin, Gaustad & Stein closed its position in Laboratory Corp Amer Hldgs on 17th July 2024. It sold the previously owned 93,885 shares for $20.5 billion. Kim Jamieson also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $34.3 billion and 76,647 shares.

One of the average hedge funds

The two most similar investment funds to Galvin, Gaustad & Stein are Sofi Wealth and Foster Dykema Cabot & Partners. They manage $1.08 trillion and $1.07 trillion respectively.


Kim Jamieson investment strategy

Galvin, Gaustad & Stein’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 11.6% of the total portfolio value. The fund focuses on investments in the United States as 49.6% 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 3.5% of the portfolio. The average market cap of the portfolio companies is close to $241 billion.

The complete list of Galvin, Gaustad & Stein 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
Ishares Tr
8.31%
2,313,498
$177,359,424,000 16.50%
Unitedhealth Group Inc
5.49%
67,969
$34,613,639,000 3.22%
Microsoft Corporation
4.02%
76,647
$34,257,178,000 3.19%
Vanguard Tax-managed Fds
0.95%
657,448
$32,491,091,000 3.02%
JPMorgan Chase & Co.
7.42%
149,579
$30,253,942,000 2.81%
Bank New York Mellon Corp
1.50%
501,313
$30,023,620,000 2.79%
Apple Inc
1.96%
141,853
$29,877,149,000 2.78%
Coca-Cola Co
2.18%
436,189
$27,763,431,000 2.58%
Vanguard Intl Equity Index F
4.92%
424,620
$34,051,124,000 3.17%
Amazon.com Inc.
2.63%
122,558
$23,684,319,000 2.20%
Electronic Arts, Inc.
0.52%
163,354
$22,760,110,000 2.12%
Schwab Strategic Tr
1.61%
891,501
$41,264,310,000 3.84%
Visa Inc
1.86%
84,672
$22,223,978,000 2.07%
Autozone Inc.
0.49%
7,424
$22,005,893,000 2.05%
Procter And Gamble Co
4.91%
131,557
$21,696,321,000 2.02%
Laboratory Corp Amer Hldgs
Closed
93,885
$20,510,119,000
Costco Whsl Corp New
9.59%
23,838
$20,261,896,000 1.89%
Waste Mgmt Inc Del
19.49%
94,508
$20,162,315,000 1.88%
Zoom Video Communications In
5.07%
315,670
$18,684,478,000 1.74%
Brown-Forman Corporation
Closed
354,236
$18,285,673,000
Labcorp Holdings Inc.
Opened
89,133
$18,139,494,000 1.69%
Copart, Inc.
19.57%
333,767
$18,076,839,000 1.68%
Ge Healthcare Technologies I
3.48%
231,801
$18,061,898,000 1.68%
Home Depot, Inc.
0.35%
52,347
$18,020,091,000 1.68%
Union Pac Corp
6.77%
77,455
$17,524,955,000 1.63%
Vertex Pharmaceuticals, Inc.
33.86%
36,685
$17,194,993,000 1.60%
Eog Res Inc
3.14%
135,374
$17,039,578,000 1.59%
Taiwan Semiconductor Mfg Ltd
471.01%
97,712
$16,983,301,000 1.58%
Alphabet Inc
6.05%
165,943
$30,343,495,000 2.82%
American Express Co.
19.94%
69,572
$16,109,403,000 1.50%
PPL Corp
0.53%
579,002
$16,009,410,000 1.49%
Vanguard Bd Index Fds
0.94%
461,428
$34,091,851,000 3.17%
Wells Fargo Co New
1.39%
11,778
$14,003,689,000 1.30%
Honeywell International Inc
752.77%
65,365
$13,958,118,000 1.30%
Nike, Inc.
4.35%
160,319
$12,083,278,000 1.12%
Ishares Inc
11.03%
220,141
$11,784,168,000 1.10%
Match Group Inc.
3.38%
370,316
$11,250,200,000 1.05%
Vanguard Scottsdale Fds
4.88%
239,659
$18,820,048,000 1.75%
Chevron Corp.
2.28%
63,696
$9,963,335,000 0.93%
Vanguard Index Fds
1.77%
128,885
$18,212,063,000 1.69%
Mastercard Incorporated
4.07%
10,058
$4,437,133,000 0.41%
NVIDIA Corp
1,061.60%
35,754
$4,416,997,000 0.41%
Vanguard Mun Bd Fds
7.38%
69,871
$3,501,241,000 0.33%
J P Morgan Exchange Traded F
3.57%
220,755
$11,618,441,000 1.08%
Fidelity Covington Trust
13.33%
177,307
$5,254,291,000 0.49%
Exxon Mobil Corp.
3.74%
21,583
$2,484,686,000 0.23%
Johnson & Johnson
0.92%
16,007
$2,339,583,000 0.22%
Vanguard Specialized Funds
2.12%
10,512
$1,919,024,000 0.18%
Fidelity Merrimack Str Tr
3.44%
42,206
$1,896,303,000 0.18%
Eli Lilly & Co
3.60%
1,954
$1,769,183,000 0.16%
Berkshire Hathaway Inc.
1.50%
4,193
$2,317,732,000 0.22%
Meta Platforms Inc
35.19%
2,820
$1,421,911,000 0.13%
Select Sector Spdr Tr
13.74%
53,433
$4,235,212,000 0.39%
Quest Diagnostics, Inc.
137.65%
10,169
$1,391,933,000 0.13%
United Parcel Service, Inc.
3.29%
9,023
$1,234,797,000 0.11%
Discover Finl Svcs
0.76%
9,084
$1,188,278,000 0.11%
Uber Technologies Inc
15.66%
15,879
$1,154,086,000 0.11%
Philip Morris International Inc
122.64%
10,789
$1,093,219,000 0.10%
Starbucks Corp.
93.86%
12,978
$1,010,300,000 0.09%
Bok Finl Corp
No change
10,815
$991,087,000 0.09%
Enterprise Prods Partners L
13.42%
33,810
$979,814,000 0.09%
Blackrock Inc.
6.05%
1,227
$965,853,000 0.09%
ServiceNow Inc
48.67%
1,115
$877,137,000 0.08%
Spdr S&p 500 Etf Tr
0.64%
1,562
$850,072,000 0.08%
Spdr Ser Tr
Closed
16,151
$812,060,000
Crowdstrike Holdings Inc
12.18%
1,910
$731,987,000 0.07%
Altria Group Inc.
58.13%
15,253
$694,774,000 0.06%
Blackstone Inc
6.97%
5,529
$684,457,000 0.06%
Vanguard World Fd
9.61%
5,645
$1,271,839,000 0.12%
General Dynamics Corp.
2.14%
2,286
$663,115,000 0.06%
Palo Alto Networks Inc
2.38%
1,894
$642,089,000 0.06%
TE Connectivity Ltd
54.80%
4,254
$639,879,000 0.06%
AMGEN Inc.
5.36%
2,032
$634,978,000 0.06%
Proshares Tr
4.47%
13,215
$1,200,240,000 0.11%
Lowes Cos Inc
0.07%
2,840
$626,018,000 0.06%
Spdr Ser Tr
13.83%
31,294
$1,164,565,000 0.11%
Mckesson Corporation
8.60%
1,052
$614,603,000 0.06%
Walmart Inc
12.36%
8,977
$607,866,000 0.06%
Abbvie Inc
0.46%
3,470
$595,120,000 0.06%
Truist Finl Corp
45.39%
14,905
$579,059,000 0.05%
Disney Walt Co
Closed
4,520
$553,067,000
Merck & Co Inc
0.76%
4,433
$548,776,000 0.05%
RTX Corp
3.39%
5,188
$520,823,000 0.05%
Pfizer Inc.
Opened
17,700
$495,246,000 0.05%
Invesco Exchange Traded Fd T
1.68%
8,147
$812,962,000 0.08%
Constellation Energy Corp
17.24%
2,400
$480,648,000 0.04%
Cisco Sys Inc
53.62%
9,742
$462,858,000 0.04%
Goldman Sachs Group, Inc.
0.60%
1,013
$458,120,000 0.04%
Vanguard Whitehall Fds
1.02%
7,589
$691,458,000 0.06%
Wisdomtree Tr
No change
5,700
$444,885,000 0.04%
Bank America Corp
0.09%
7,440
$689,061,000 0.06%
Dimensional Etf Trust
24.04%
24,262
$748,294,000 0.07%
Fidelity Covington Trust
Opened
2,166
$371,512,000 0.03%
Tesla Inc
No change
1,764
$349,063,000 0.03%
American Intl Group Inc
0.24%
4,520
$335,575,000 0.03%
Asml Holding N V
13.54%
313
$320,114,000 0.03%
Deere & Co.
0.37%
818
$305,474,000 0.03%
Icon Plc
No change
972
$304,693,000 0.03%
Valero Energy Corp.
5.76%
1,880
$294,709,000 0.03%
Ishares Tr
Opened
1,650
$281,754,000 0.03%
Lockheed Martin Corp.
21.13%
602
$281,354,000 0.03%
Spdr Dow Jones Indl Average
No change
675
$264,013,000 0.02%
Invesco Exch Traded Fd Tr Ii
No change
3,985
$258,826,000 0.02%
Cardinal Health, Inc.
Closed
2,228
$249,348,000
Royal Bk Cda
No change
2,298
$244,461,000 0.02%
Okta Inc
8.51%
2,550
$238,726,000 0.02%
Direxion Shs Etf Tr
No change
16,235
$393,933,000 0.04%
Vanguard Scottsdale Fds
Opened
4,035
$232,739,000 0.02%
Ishares Gold Tr
33.44%
5,194
$228,172,000 0.02%
Kenvue Inc
Closed
10,548
$226,358,000
Ishares Tr
Closed
777
$223,805,000
Linde Plc.
0.40%
508
$222,937,000 0.02%
Intuit Inc
2.11%
339
$222,730,000 0.02%
Vanguard Bd Index Fds
Closed
4,450
$220,498,000
Conocophillips
53.45%
1,914
$218,923,000 0.02%
Simon Ppty Group Inc New
Opened
1,442
$218,860,000 0.02%
Oracle Corp.
Closed
1,741
$218,687,000
Broadcom Inc.
Opened
132
$212,514,000 0.02%
Mondelez International Inc.
Opened
3,246
$212,418,000 0.02%
Verizon Communications Inc
2.56%
5,063
$208,813,000 0.02%
Intel Corp.
Closed
4,649
$205,346,000
3M Co.
64.06%
1,997
$204,073,000 0.02%
Dimensional Etf Trust
Opened
7,028
$202,265,000 0.02%
No transactions found
Showing first 500 out of 123 holdings