Drake & Associates 13F annual report
Drake & Associates is an investment fund managing more than $270 billion ran by Andrew Blazejewski. There are currently 66 companies in Mr. Blazejewski’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Ishares Tr, together worth $106 billion.
$270 billion Assets Under Management (AUM)
As of 29th July 2024, Drake & Associates’s top holding is 534,759 shares of Fidelity Merrimack Str Tr currently worth over $24 billion and making up 8.9% of the portfolio value.
In addition, the fund holds 960,535 shares of Ishares Tr worth $82.5 billion.
The third-largest holding is Spdr Ser Tr worth $20.9 billion and the next is First Tr Exchng Traded Fd Vi worth $31.4 billion, with 850,480 shares owned.
Currently, Drake & Associates's portfolio is worth at least $270 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 Drake & Associates
The Drake & Associates office and employees reside in Waukesha, Wisconsin. According to the last 13-F report filed with the SEC, Andrew Blazejewski serves as the Support Consultant at Drake & Associates.
Recent trades
In the most recent 13F filing, Drake & Associates revealed that it had opened a new position in
Spdr Index Shs Fds and bought 184,410 shares worth $6.51 billion.
The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying
20,629 additional shares.
This makes their stake in Fidelity Merrimack Str Tr total 534,759 shares worth $24 billion.
On the other hand, there are companies that Drake & Associates is getting rid of from its portfolio.
Drake & Associates closed its position in Insteel Inds Inc on 5th August 2024.
It sold the previously owned 13,045 shares for $499 million.
Andrew Blazejewski also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $20.9 billion and 260,383 shares.
One of the smaller hedge funds
The two most similar investment funds to Drake & Associates are Rfp and Fc Advisory. They manage $270 billion and $270 billion respectively.
Andrew Blazejewski investment strategy
Drake & Associates’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Miscellaneous — making up 7.6% of
the total portfolio value.
The fund focuses on investments in the United States as
59.1% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $272 billion.
The complete list of Drake & Associates trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
4.01%
534,759
|
$24,026,714,000 | 8.89% |
| Ishares Tr |
1.10%
960,535
|
$82,453,545,000 | 30.52% |
| Spdr Ser Tr |
0.18%
260,383
|
$20,864,502,000 | 7.72% |
| First Tr Exchng Traded Fd Vi |
4.10%
850,480
|
$31,399,708,000 | 11.62% |
| VanEck ETF Trust |
2.14%
232,592
|
$20,144,793,000 | 7.46% |
| Janus Detroit Str Tr |
4.77%
394,167
|
$20,055,207,000 | 7.42% |
| Ssga Active Etf Tr |
21.09%
370,069
|
$15,468,866,000 | 5.73% |
| American Centy Etf Tr |
2.01%
112,712
|
$10,112,512,000 | 3.74% |
| Spdr Gold Tr |
4.83%
34,260
|
$7,366,243,000 | 2.73% |
| Spdr Index Shs Fds |
Opened
184,410
|
$6,509,669,000 | 2.41% |
| Apple Inc |
13.01%
11,545
|
$2,431,516,000 | 0.90% |
| Microsoft Corporation |
0.78%
3,485
|
$1,557,385,000 | 0.58% |
| Costco Whsl Corp New |
0.75%
1,463
|
$1,243,641,000 | 0.46% |
| Linde Plc. |
2.83%
2,797
|
$1,227,366,000 | 0.45% |
| Abbvie Inc |
2.57%
7,012
|
$1,202,698,000 | 0.45% |
| Eli Lilly Co |
8.31%
1,246
|
$1,128,481,000 | 0.42% |
| Amazon.com Inc. |
33.00%
5,704
|
$1,102,299,000 | 0.41% |
| Jpmorgan Chase Co. |
4.20%
5,256
|
$1,063,110,000 | 0.39% |
| Broadcom Inc |
149.53%
529
|
$849,347,000 | 0.31% |
| Alphabet Inc |
0.22%
7,207
|
$1,318,046,000 | 0.49% |
| Meta Platforms Inc |
11.58%
1,482
|
$747,254,000 | 0.28% |
| Abbott Labs |
1.12%
6,530
|
$678,532,000 | 0.25% |
| NVIDIA Corp |
75.78%
5,356
|
$661,702,000 | 0.24% |
| Oracle Corp. |
6.82%
4,329
|
$611,255,000 | 0.23% |
| Visa Inc |
4.88%
2,261
|
$593,674,000 | 0.22% |
| Rockwell Automation Inc |
0.48%
2,101
|
$578,387,000 | 0.21% |
| Welltower Inc. |
5.85%
5,233
|
$545,575,000 | 0.20% |
| Ingersoll Rand Inc. |
1.86%
5,861
|
$532,414,000 | 0.20% |
| Marsh Mclennan Cos Inc |
7.19%
2,445
|
$515,212,000 | 0.19% |
| Insteel Inds Inc |
Closed
13,045
|
$498,580,000 | |
| Artisan Partners Asset Mgmt |
7.29%
12,023
|
$496,181,000 | 0.18% |
| Johnson Johnson |
11.21%
3,354
|
$490,263,000 | 0.18% |
| CDW Corp |
6.20%
2,176
|
$487,090,000 | 0.18% |
| Intel Corp. |
Closed
10,908
|
$481,809,000 | |
| WEC Energy Group Inc |
1.91%
6,096
|
$478,271,000 | 0.18% |
| Alliant Energy Corp. |
11.59%
9,387
|
$477,799,000 | 0.18% |
| Lyondellbasell Industries N |
4.32%
4,965
|
$474,925,000 | 0.18% |
| Paychex Inc. |
Opened
3,947
|
$467,998,000 | 0.17% |
| Kroger Co. |
1.67%
9,328
|
$465,724,000 | 0.17% |
| Revvity Inc. |
9.16%
4,396
|
$460,964,000 | 0.17% |
| Fortive Corp |
3.36%
6,211
|
$460,240,000 | 0.17% |
| Snap-on, Inc. |
7.83%
1,750
|
$457,467,000 | 0.17% |
| Bank America Corp |
3.32%
11,095
|
$441,247,000 | 0.16% |
| GE Aerospace |
No change
2,628
|
$417,773,000 | 0.15% |
| Grainger W W Inc |
6.38%
450
|
$406,016,000 | 0.15% |
| Ishares Tr |
Closed
17,118
|
$389,777,000 | |
| Netflix Inc. |
No change
538
|
$363,085,000 | 0.13% |
| Walmart Inc |
1.33%
5,331
|
$360,962,000 | 0.13% |
| Vanguard Index Fds |
1.13%
2,231
|
$550,573,000 | 0.20% |
| Unitedhealth Group Inc |
1.20%
673
|
$342,732,000 | 0.13% |
| Waste Mgmt Inc Del |
4.73%
1,469
|
$313,347,000 | 0.12% |
| Mastercard Incorporated |
1.42%
693
|
$305,831,000 | 0.11% |
| The Southern Co. |
4.63%
3,823
|
$296,556,000 | 0.11% |
| Fiserv, Inc. |
Opened
1,987
|
$296,205,000 | 0.11% |
| Berkshire Hathaway Inc. |
12.50%
720
|
$292,896,000 | 0.11% |
| Lockheed Martin Corp. |
10.06%
617
|
$288,115,000 | 0.11% |
| Kinder Morgan Inc |
2.69%
14,372
|
$285,572,000 | 0.11% |
| Dbx Etf Tr |
95.52%
11,218
|
$278,212,000 | 0.10% |
| First Tr Lrge Cp Core Alpha |
Closed
2,717
|
$269,628,000 | |
| Home Depot, Inc. |
8.25%
778
|
$267,818,000 | 0.10% |
| Analog Devices Inc. |
Opened
1,171
|
$267,293,000 | 0.10% |
| Qualcomm, Inc. |
11.20%
1,324
|
$263,724,000 | 0.10% |
| Ball Corp. |
Opened
4,300
|
$258,086,000 | 0.10% |
| Vanguard World Fd |
Closed
877
|
$251,319,000 | |
| Accenture Plc Ireland |
61.62%
826
|
$250,616,000 | 0.09% |
| Vanguard Index Fds |
Opened
1,542
|
$247,289,000 | 0.09% |
| Adobe Inc |
Opened
428
|
$237,771,000 | 0.09% |
| Caterpillar Inc. |
20.22%
710
|
$236,501,000 | 0.09% |
| Copart, Inc. |
9.46%
4,162
|
$225,414,000 | 0.08% |
| Disney Walt Co |
Closed
1,840
|
$225,142,000 | |
| Roper Technologies Inc |
Closed
398
|
$223,266,000 | |
| Vertex Pharmaceuticals, Inc. |
10.88%
467
|
$218,893,000 | 0.08% |
| Pimco Etf Tr |
Closed
2,175
|
$218,707,000 | |
| Monster Beverage Corp. |
Closed
3,659
|
$216,906,000 | |
| Ge Healthcare Technologies I |
Closed
2,341
|
$212,820,000 | |
| United Parcel Service, Inc. |
Closed
1,428
|
$212,244,000 | |
| Exxon Mobil Corp. |
No change
1,816
|
$209,058,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 77 holdings | |||
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