Draper Asset Management is an investment fund managing more than $105 billion ran by Robert Draper. There are currently 23 companies in Mr. Draper’s portfolio. The largest investments include Apple Inc and Amazon.com, together worth $53.4 billion.
As of 5th February 2024, Draper Asset Management’s top holding is 171,888 shares of Apple Inc currently worth over $33.1 billion and making up 31.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Draper Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 133,405 shares of Amazon.com worth $20.3 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Alphabet Inc worth $14.2 billion and the next is NVIDIA Corp worth $9.85 billion, with 19,892 shares owned.
Currently, Draper Asset Management's portfolio is worth at least $105 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 Draper Asset Management office and employees reside in Smithtown, New York. According to the last 13-F report filed with the SEC, Robert Draper serves as the Managing Member and Chief Compliance Officer at Draper Asset Management.
In the most recent 13F filing, Draper Asset Management revealed that it had opened a new position in
Vertex Pharmaceuticals and bought 5,576 shares worth $2.27 billion.
This means they effectively own approximately 0.1% of the company.
Vertex Pharmaceuticals makes up
65.9%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Alphabet Inc by buying
96,211 additional shares.
This makes their stake in Alphabet Inc total 101,733 shares worth $14.2 billion.
Alphabet Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Draper Asset Management is getting rid of from its portfolio.
Draper Asset Management closed its position in Crowdstrike Inc on 12th February 2024.
It sold the previously owned 9,766 shares for $1.65 million.
Robert Draper also disclosed a decreased stake in Apple Inc by 0.2%.
This leaves the value of the investment at $33.1 billion and 171,888 shares.
The two most similar investment funds to Draper Asset Management are Kolinsky Wealth Management and Nvest. They manage $105 billion and $105 billion respectively.
Draper Asset Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 59.7% of
the total portfolio value.
The fund focuses on investments in the United States as
69.6% 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
70% 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 $296 billion.
These positions were updated on February 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 |
|---|---|---|---|
| Apple Inc |
16.33%
171,888
|
$33,093,635,000 | 31.41% |
| Amazon.com Inc. |
12.19%
133,405
|
$20,269,486,000 | 19.24% |
| Alphabet Inc |
1,742.32%
101,733
|
$14,231,097,000 | 13.51% |
| NVIDIA Corp |
0.03%
19,892
|
$9,850,730,000 | 9.35% |
| Tesla Inc |
167.67%
37,833
|
$9,400,622,000 | 8.92% |
| Uber Technologies Inc |
2,031.70%
76,656
|
$4,719,698,000 | 4.48% |
| Eli Lilly & Co |
61.86%
6,251
|
$3,643,858,000 | 3.46% |
| Vertex Pharmaceuticals, Inc. |
Opened
5,576
|
$2,268,819,000 | 2.15% |
| Snowflake Inc. |
43.91%
8,819
|
$1,754,955,000 | 1.67% |
| McCormick & Co., Inc. |
12.40%
16,352
|
$1,118,779,000 | 1.06% |
| Costco Whsl Corp New |
Opened
1,476
|
$974,212,000 | 0.92% |
| Airbnb, Inc. |
Opened
5,379
|
$732,297,000 | 0.70% |
| CRISPR Therapeutics AG |
12.78%
8,083
|
$505,982,000 | 0.48% |
| Take-two Interactive Softwar |
Opened
2,859
|
$460,156,000 | 0.44% |
| Adobe Inc |
Opened
697
|
$415,830,000 | 0.39% |
| On Hldg Ag |
Opened
14,871
|
$401,071,000 | 0.38% |
| Bristol-Myers Squibb Co. |
45.19%
7,021
|
$360,234,000 | 0.34% |
| Intuitive Surgical Inc |
Opened
919
|
$310,034,000 | 0.29% |
| General Mls Inc |
Opened
3,725
|
$242,645,000 | 0.23% |
| Coca-Cola Co |
Opened
4,027
|
$237,333,000 | 0.23% |
| NextEra Energy Inc |
Opened
3,664
|
$222,534,000 | 0.21% |
| Stellantis N.V |
Opened
4,837
|
$112,799,000 | 0.11% |
| Peloton Interactive Inc |
28.29%
6,350
|
$38,674,000 | 0.04% |
| Crowdstrike Holdings Inc |
Closed
9,766
|
$1,646,000 | |
| Microsoft Corporation |
Closed
6,200
|
$1,592,000 | |
| Zscaler Inc |
Closed
7,043
|
$1,053,000 | |
| Acurx Pharmaceuticals Inc |
Closed
266,025
|
$1,008,000 | |
| Okta Inc |
Closed
9,113
|
$824,000 | |
| Cloudflare Inc |
Closed
17,503
|
$766,000 | |
| Johnson & Johnson |
Closed
2,357
|
$418,000 | |
| Vanguard Index Fds |
Closed
1,155
|
$401,000 | |
| Carrier Global Corporation |
Closed
9,581
|
$342,000 | |
| Palantir Technologies Inc. |
Closed
35,900
|
$326,000 | |
| Meta Platforms Inc |
Closed
1,862
|
$300,000 | |
| Moderna Inc |
Closed
2,057
|
$294,000 | |
| Sturm, Ruger & Co., Inc. |
Closed
3,864
|
$246,000 | |
| Smith & Wesson Brands, Inc. |
Closed
18,727
|
$246,000 | |
| Hershey Company |
Closed
1,110
|
$239,000 | |
| Horizon Therapeutics Pub L |
Closed
2,672
|
$213,000 | |
| Invitae Corp |
Closed
22,736
|
$55,000 | |
| Sphere 3D Corp |
Closed
35,492
|
$19,000 | |
| Topgolf Callaway Brands Corp |
Closed
7
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 42 holdings | |||