Bond & Devick Network 13F annual report
Bond & Devick Network is an investment fund managing more than $187 billion ran by Teresa Devick. There are currently 100 companies in Mrs. Devick’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $70.4 billion.
$187 billion Assets Under Management (AUM)
As of 5th July 2024, Bond & Devick Network’s top holding is 462,785 shares of Ishares Tr currently worth over $41 billion and making up 22.0% of the portfolio value.
In addition, the fund holds 605,617 shares of Schwab Strategic Tr worth $29.4 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $13.1 billion and the next is Nordson worth $10.4 billion, with 44,731 shares owned.
Currently, Bond & Devick Network's portfolio is worth at least $187 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 Bond & Devick Network
The Bond & Devick Network office and employees reside in St. Louis Park, Minnesota. According to the last 13-F report filed with the SEC, Teresa Devick serves as the Chief Compliance Officer at Bond & Devick Network.
Recent trades
In the most recent 13F filing, Bond & Devick Network revealed that it had opened a new position in
Vanguard Index Fds and bought 1,523 shares worth $407 million.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
17,898 additional shares.
This makes their stake in Schwab Strategic Tr total 605,617 shares worth $29.4 billion.
On the other hand, there are companies that Bond & Devick Network is getting rid of from its portfolio.
Bond & Devick Network closed its position in Intel on 12th July 2024.
It sold the previously owned 8,002 shares for $353 million.
Teresa Devick also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $41 billion and 462,785 shares.
One of the smallest hedge funds
The two most similar investment funds to Bond & Devick Network are Ratan Capital Management L.P. and Focus Wealth Advisors. They manage $187 billion and $187 billion respectively.
Teresa Devick investment strategy
Bond & Devick Network’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 8.6% of
the total portfolio value.
The fund focuses on investments in the United States as
46.0% 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 approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $247 billion.
The complete list of Bond & Devick Network trades based on 13F SEC filings
These positions were updated on July 12th 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 |
0.46%
462,785
|
$40,959,283,000 | 21.96% |
| Schwab Strategic Tr |
3.05%
605,617
|
$29,415,610,000 | 15.77% |
| Invesco Exchange Traded Fd T |
15.09%
150,550
|
$13,058,836,000 | 7.00% |
| Nordson Corp. |
No change
44,731
|
$10,374,908,000 | 5.56% |
| Vanguard Index Fds |
2.67%
36,791
|
$8,022,001,000 | 4.30% |
| J P Morgan Exchange Traded F |
6.64%
185,381
|
$8,829,700,000 | 4.73% |
| Accenture Plc Ireland |
0.20%
23,008
|
$6,980,857,000 | 3.74% |
| Microsoft Corporation |
1.60%
13,573
|
$6,066,452,000 | 3.25% |
| Unitedhealth Group Inc |
0.33%
9,094
|
$4,631,210,000 | 2.48% |
| Apple Inc |
0.86%
17,165
|
$3,615,292,000 | 1.94% |
| Berkshire Hathaway Inc. |
15.18%
569
|
$3,290,640,000 | 1.76% |
| Alphabet Inc |
3.24%
17,315
|
$3,156,797,000 | 1.69% |
| Novo-nordisk A S |
10.81%
14,022
|
$2,001,500,000 | 1.07% |
| Cummins Inc. |
0.24%
6,762
|
$1,872,618,000 | 1.00% |
| Fair Isaac Corp. |
No change
880
|
$1,310,021,000 | 0.70% |
| Nushares Etf Tr |
3.52%
70,322
|
$2,419,282,000 | 1.30% |
| Procter And Gamble Co |
4.34%
7,021
|
$1,157,903,000 | 0.62% |
| Spdr Index Shs Fds |
0.38%
37,746
|
$1,449,058,000 | 0.78% |
| AMGEN Inc. |
No change
3,469
|
$1,083,889,000 | 0.58% |
| Pliant Therapeutics, Inc. |
No change
100,160
|
$1,076,720,000 | 0.58% |
| American Express Co. |
No change
4,354
|
$1,008,169,000 | 0.54% |
| Salesforce Inc |
4.03%
3,871
|
$995,234,000 | 0.53% |
| Costco Whsl Corp New |
12.88%
1,157
|
$983,438,000 | 0.53% |
| Johnson Johnson |
2.28%
6,382
|
$932,793,000 | 0.50% |
| Coca-Cola Co |
1.32%
13,415
|
$853,865,000 | 0.46% |
| Vanguard Mun Bd Fds |
7.63%
16,849
|
$844,303,000 | 0.45% |
| Xcel Energy Inc. |
1.96%
15,804
|
$844,116,000 | 0.45% |
| General Mls Inc |
0.13%
13,231
|
$836,978,000 | 0.45% |
| Ishares Inc |
0.02%
35,801
|
$1,974,806,000 | 1.06% |
| Amazon.com Inc. |
9.88%
3,671
|
$709,421,000 | 0.38% |
| Stryker Corp. |
No change
2,042
|
$694,791,000 | 0.37% |
| Nike, Inc. |
22.93%
9,130
|
$688,128,000 | 0.37% |
| Fidelity Merrimack Str Tr |
0.69%
14,067
|
$632,030,000 | 0.34% |
| Palo Alto Networks Inc |
2.67%
1,805
|
$611,913,000 | 0.33% |
| NVIDIA Corp |
900.00%
4,850
|
$599,169,000 | 0.32% |
| Intuit Inc |
No change
904
|
$594,118,000 | 0.32% |
| Bank America Corp |
No change
14,465
|
$575,273,000 | 0.31% |
| Spdr Ser Tr |
No change
4,313
|
$548,527,000 | 0.29% |
| Vanguard Bd Index Fds |
42.27%
7,580
|
$546,139,000 | 0.29% |
| Jpmorgan Chase Co. |
7.31%
2,535
|
$512,729,000 | 0.27% |
| Waste Mgmt Inc Del |
No change
2,400
|
$512,016,000 | 0.27% |
| Unilever plc |
0.51%
9,261
|
$509,262,000 | 0.27% |
| Applied Matls Inc |
2.89%
2,151
|
$507,614,000 | 0.27% |
| Adobe Inc |
39.05%
908
|
$504,430,000 | 0.27% |
| HP Inc |
No change
14,199
|
$497,249,000 | 0.27% |
| Exxon Mobil Corp. |
0.16%
4,286
|
$493,404,000 | 0.26% |
| Mcdonalds Corp |
1.31%
1,933
|
$492,606,000 | 0.26% |
| Pfizer Inc. |
40.87%
17,579
|
$491,860,000 | 0.26% |
| CVS Health Corp |
13.99%
8,301
|
$490,257,000 | 0.26% |
| International Business Machs |
26.87%
2,790
|
$482,531,000 | 0.26% |
| Delta Air Lines, Inc. |
No change
10,167
|
$482,322,000 | 0.26% |
| Target Corp |
4.62%
3,099
|
$458,776,000 | 0.25% |
| Capital Group Intl Focus Eqt |
No change
17,273
|
$444,262,000 | 0.24% |
| Eaton Corp Plc |
22.86%
1,367
|
$428,623,000 | 0.23% |
| Leidos Holdings Inc |
No change
2,795
|
$407,735,000 | 0.22% |
| Vanguard Index Fds |
Opened
1,523
|
$407,418,000 | 0.22% |
| Vanguard Scottsdale Fds |
No change
4,293
|
$402,726,000 | 0.22% |
| Ecolab, Inc. |
17.71%
1,655
|
$393,890,000 | 0.21% |
| Deere Co |
No change
1,005
|
$375,498,000 | 0.20% |
| Pepsico Inc |
No change
2,196
|
$362,186,000 | 0.19% |
| Intel Corp. |
Closed
8,002
|
$353,448,000 | |
| Comcast Corp New |
16.95%
8,970
|
$351,265,000 | 0.19% |
| Pimco Etf Tr |
12.63%
6,708
|
$349,218,000 | 0.19% |
| Honeywell International Inc |
No change
1,630
|
$348,070,000 | 0.19% |
| Disney Walt Co |
Closed
2,829
|
$346,156,000 | |
| Science Applications Intl Co |
No change
2,868
|
$337,133,000 | 0.18% |
| Walmart Inc |
6.21%
4,941
|
$334,555,000 | 0.18% |
| Verizon Communications Inc |
4.11%
8,059
|
$332,353,000 | 0.18% |
| Meta Platforms Inc |
2.50%
615
|
$310,095,000 | 0.17% |
| Ishares Tr |
Opened
3,727
|
$304,310,000 | 0.16% |
| Sap SE |
13.04%
1,500
|
$302,565,000 | 0.16% |
| Asml Holding N V |
1.05%
289
|
$295,569,000 | 0.16% |
| Public Storage Oper Co |
0.49%
1,017
|
$292,415,000 | 0.16% |
| Evercore Inc |
No change
1,400
|
$291,802,000 | 0.16% |
| Cisco Sys Inc |
No change
6,108
|
$290,191,000 | 0.16% |
| Home Depot, Inc. |
5.09%
839
|
$288,817,000 | 0.15% |
| Visa Inc |
No change
1,091
|
$286,355,000 | 0.15% |
| GSK Plc |
7.53%
7,430
|
$286,055,000 | 0.15% |
| Conocophillips |
No change
2,479
|
$283,548,000 | 0.15% |
| Capital Grp Fixed Incm Etf T |
0.88%
10,060
|
$270,815,000 | 0.15% |
| Phillips 66 |
No change
1,902
|
$268,505,000 | 0.14% |
| Mastercard Incorporated |
1.34%
603
|
$266,019,000 | 0.14% |
| Vanguard Intl Equity Index F |
No change
6,073
|
$265,754,000 | 0.14% |
| Oracle Corp. |
No change
1,799
|
$254,019,000 | 0.14% |
| T Rowe Price Etf Inc |
No change
6,472
|
$253,939,000 | 0.14% |
| Merck Co Inc |
No change
2,036
|
$252,057,000 | 0.14% |
| Medtronic Plc |
43.18%
3,172
|
$249,668,000 | 0.13% |
| PayPal Holdings Inc |
Opened
4,235
|
$245,757,000 | 0.13% |
| Darden Restaurants, Inc. |
0.45%
1,573
|
$238,006,000 | 0.13% |
| Thomson-Reuters Corp |
No change
1,374
|
$231,615,000 | 0.12% |
| Sanofi |
Opened
4,594
|
$222,901,000 | 0.12% |
| 3M Co. |
No change
2,162
|
$220,935,000 | 0.12% |
| United Parcel Service, Inc. |
Opened
1,581
|
$216,360,000 | 0.12% |
| Colgate-Palmolive Co. |
13.59%
2,226
|
$216,011,000 | 0.12% |
| Lam Research Corp. |
42.86%
200
|
$212,970,000 | 0.11% |
| Stmicroelectronics N V |
Opened
5,345
|
$209,952,000 | 0.11% |
| Spdr Gold Tr |
No change
976
|
$209,850,000 | 0.11% |
| Leuthold Fds Inc |
13.19%
6,226
|
$209,698,000 | 0.11% |
| First Tr Morningstar Divid L |
No change
5,511
|
$209,032,000 | 0.11% |
| Us Bancorp Del |
13.38%
5,155
|
$204,654,000 | 0.11% |
| ON Semiconductor Corp. |
No change
2,961
|
$202,977,000 | 0.11% |
| T Rowe Price Etf Inc |
Opened
5,428
|
$201,860,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 102 holdings | |||
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