Constitution Capital is an investment fund managing more than $189 billion ran by Gregory Bavedas. There are currently 55 companies in Mr. Bavedas’s portfolio. The largest investments include Microsoft and Pepsico Inc, together worth $70.6 billion.
As of 5th July 2024, Constitution Capital’s top holding is 129,428 shares of Microsoft currently worth over $57.8 billion and making up 30.6% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Constitution Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 77,589 shares of Pepsico Inc worth $12.8 billion.
The third-largest holding is Jpmorgan Chase Co. worth $11.6 billion and the next is Home Depot worth $8.38 billion, with 24,338 shares owned.
Currently, Constitution Capital's portfolio is worth at least $189 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.
The Constitution Capital office and employees reside in Shelton, Connecticut. According to the last 13-F report filed with the SEC, Gregory Bavedas serves as the Chief Compliance Officer at Constitution Capital.
In the most recent 13F filing, Constitution Capital revealed that it had opened a new position in
Netflix and bought 4,300 shares worth $2.9 billion.
This means they effectively own approximately 0.1% of the company.
Netflix makes up
90.7%
of the fund's Communication Services sector allocation and has grown its share price by 47.0% in the past year.
The investment fund also strengthened its position in Microsoft by buying
4,551 additional shares.
This makes their stake in Microsoft total 129,428 shares worth $57.8 billion.
Microsoft soared 34.8% in the past year.
On the other hand, Gregory Bavedas disclosed a decreased stake in Pepsico Inc by 0.2%.
This leaves the value of the investment at $12.8 billion and 77,589 shares.
The two most similar investment funds to Constitution Capital are Sequent Asset Management and Graniteshares Advisors. They manage $189 billion and $189 billion respectively.
Constitution Capital’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 35.1% of
the total portfolio value.
The fund focuses on investments in the United States as
56.4% 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
56% 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 $362 billion.
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 |
|---|---|---|---|
| Microsoft Corporation |
3.64%
129,428
|
$57,847,845,000 | 30.56% |
| Pepsico Inc |
17.51%
77,589
|
$12,796,754,000 | 6.76% |
| Jpmorgan Chase Co. |
1.03%
57,549
|
$11,639,861,000 | 6.15% |
| Home Depot, Inc. |
2.80%
24,338
|
$8,378,113,000 | 4.43% |
| Apple Inc |
6.47%
39,751
|
$8,372,356,000 | 4.42% |
| Select Sector Spdr Tr |
1.22%
127,592
|
$17,232,652,000 | 9.10% |
| Walmart Inc |
3.63%
95,231
|
$6,448,057,000 | 3.41% |
| NextEra Energy Inc |
11.37%
90,355
|
$6,398,038,000 | 3.38% |
| NVIDIA Corp |
1,293.04%
48,840
|
$6,033,694,000 | 3.19% |
| Unitedhealth Group Inc |
9.07%
9,564
|
$4,870,563,000 | 2.57% |
| Union Pac Corp |
0.30%
21,286
|
$4,816,170,000 | 2.54% |
| Procter And Gamble Co |
0.85%
29,101
|
$4,799,337,000 | 2.54% |
| Amazon.com Inc. |
67.69%
16,605
|
$3,208,916,000 | 1.70% |
| Netflix Inc. |
Opened
4,300
|
$2,901,984,000 | 1.53% |
| Duke Energy Corp. |
7.16%
27,159
|
$2,722,147,000 | 1.44% |
| American Express Co. |
24.34%
11,750
|
$2,720,713,000 | 1.44% |
| Coca-Cola Co |
0.59%
38,209
|
$2,432,003,000 | 1.28% |
| Johnson Johnson |
10.52%
14,027
|
$2,050,186,000 | 1.08% |
| Alphabet Inc |
49.92%
10,824
|
$1,971,592,000 | 1.04% |
| Sysco Corp. |
5.92%
23,292
|
$1,662,816,000 | 0.88% |
| Visa Inc |
28.72%
4,930
|
$1,293,977,000 | 0.68% |
| Prologis Inc |
20.86%
11,000
|
$1,235,410,000 | 0.65% |
| Mcdonalds Corp |
40.94%
4,820
|
$1,228,329,000 | 0.65% |
| Eli Lilly Co |
61.10%
1,305
|
$1,181,521,000 | 0.62% |
| Caterpillar Inc. |
50.90%
3,018
|
$1,005,296,000 | 0.53% |
| United Parcel Service, Inc. |
No change
6,264
|
$857,228,000 | 0.45% |
| Disney Walt Co |
Opened
8,500
|
$843,965,000 | 0.45% |
| American Elec Pwr Co Inc |
1.12%
9,000
|
$789,660,000 | 0.42% |
| The Southern Co. |
10.98%
9,100
|
$705,887,000 | 0.37% |
| Elevance Health Inc |
No change
1,300
|
$704,418,000 | 0.37% |
| Chevron Corp. |
80.78%
4,476
|
$700,136,000 | 0.37% |
| Spdr S&p 500 Etf Tr |
4.15%
1,255
|
$682,996,000 | 0.36% |
| Deere Co |
8.45%
1,625
|
$607,149,000 | 0.32% |
| Merck Co Inc |
No change
4,850
|
$600,430,000 | 0.32% |
| Meta Platforms Inc |
No change
1,190
|
$600,022,000 | 0.32% |
| Lockheed Martin Corp. |
120.00%
1,100
|
$513,810,000 | 0.27% |
| Goldman Sachs Group, Inc. |
83.33%
1,100
|
$497,552,000 | 0.26% |
| Costco Whsl Corp New |
54.53%
582
|
$494,694,000 | 0.26% |
| Vertex Pharmaceuticals, Inc. |
No change
1,050
|
$492,156,000 | 0.26% |
| Exxon Mobil Corp. |
58.95%
3,900
|
$448,968,000 | 0.24% |
| Honeywell International Inc |
Opened
2,000
|
$427,080,000 | 0.23% |
| Canadian Natl Ry Co |
No change
3,532
|
$417,235,000 | 0.22% |
| Comcast Corp New |
7.69%
9,605
|
$376,132,000 | 0.20% |
| Mastercard Incorporated |
No change
800
|
$352,928,000 | 0.19% |
| Bank America Corp |
No change
8,600
|
$342,022,000 | 0.18% |
| Wells Fargo Co New |
No change
5,300
|
$314,767,000 | 0.17% |
| Marriott Intl Inc New |
No change
1,296
|
$313,334,000 | 0.17% |
| Verizon Communications Inc |
7.28%
7,232
|
$298,248,000 | 0.16% |
| Medtronic Plc |
2.78%
3,500
|
$275,485,000 | 0.15% |
| Berkshire Hathaway Inc. |
2.34%
612
|
$248,962,000 | 0.13% |
| Biohaven Ltd |
No change
7,000
|
$242,970,000 | 0.13% |
| AMGEN Inc. |
No change
765
|
$239,024,000 | 0.13% |
| Tjx Cos Inc New |
6.84%
2,043
|
$224,934,000 | 0.12% |
| Norfolk Southn Corp |
No change
1,000
|
$214,690,000 | 0.11% |
| Tko Group Holdings Inc |
Opened
1,900
|
$205,181,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 55 holdings | |||