Stephenson 13F annual report
Stephenson is an investment fund managing more than $137 billion ran by Riley Stephenson. There are currently 23 companies in Mr. Stephenson’s portfolio. The largest investments include Berkshire Hathaway and Invesco Exchange Traded Fd T, together worth $42.1 billion.
$137 billion Assets Under Management (AUM)
As of 23rd April 2024, Stephenson’s top holding is 51,032 shares of Berkshire Hathaway currently worth over $22.7 billion and making up 16.6% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Stephenson owns less than approximately 0.1% of the company.
In addition, the fund holds 114,143 shares of Invesco Exchange Traded Fd T worth $19.3 billion.
The third-largest holding is Ishares Tr worth $39.5 billion and the next is Vanguard Tax-managed Fds worth $17.1 billion, with 340,808 shares owned.
Currently, Stephenson's portfolio is worth at least $137 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 Stephenson
The Stephenson office and employees reside in San Clemente, California. According to the last 13-F report filed with the SEC, Riley Stephenson serves as the Cheif Financial Officer at Stephenson.
Recent trades
In the most recent 13F filing, Stephenson revealed that it had opened a new position in
Grayscale Bitcoin Tr Btc and bought 8,322 shares worth $526 million.
The investment fund also strengthened its position in Berkshire Hathaway by buying
3,318 additional shares.
This makes their stake in Berkshire Hathaway total 51,032 shares worth $22.7 billion.
Berkshire Hathaway dropped approximately 0.1% in the past year.
On the other hand, Riley Stephenson disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $1.51 billion and 8,778 shares.
One of the smallest hedge funds
The two most similar investment funds to Stephenson are Cv Advisors and Blackhawk Capital Partners. They manage $137 billion and $137 billion respectively.
Riley Stephenson investment strategy
Stephenson’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 17.0% of
the total portfolio value.
The fund focuses on investments in the United States as
39.1% 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
39% 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 $456 billion.
The complete list of Stephenson trades based on 13F SEC filings
These positions were updated on April 30th 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
6.95%
51,032
|
$22,728,016,000 | 16.62% |
| Invesco Exchange Traded Fd T |
6.77%
114,143
|
$19,332,352,000 | 14.14% |
| Ishares Tr |
40.46%
279,488
|
$39,536,022,000 | 28.91% |
| Vanguard Tax-managed Fds |
7.98%
340,808
|
$17,098,323,000 | 12.50% |
| Vanguard Bd Index Fds |
10.46%
302,486
|
$23,026,027,000 | 16.84% |
| Vanguard Intl Equity Index F |
8.95%
101,101
|
$4,299,081,000 | 3.14% |
| Spdr S&p 500 Etf Tr |
0.73%
6,365
|
$3,329,419,000 | 2.43% |
| Spdr Ser Tr |
6.62%
18,192
|
$1,731,878,000 | 1.27% |
| Apple Inc |
1.37%
8,778
|
$1,505,200,000 | 1.10% |
| Invesco Exch Trd Slf Idx Fd |
No change
26,988
|
$565,938,000 | 0.41% |
| Grayscale Bitcoin Tr Btc |
Opened
8,322
|
$525,701,000 | 0.38% |
| Home Depot, Inc. |
0.36%
839
|
$321,840,000 | 0.24% |
| Unitedhealth Group Inc |
0.63%
629
|
$311,166,000 | 0.23% |
| Schwab Strategic Tr |
No change
7,962
|
$310,677,000 | 0.23% |
| Fidelity National Financial Inc |
0.07%
5,418
|
$287,696,000 | 0.21% |
| Vanguard Specialized Funds |
6.13%
1,456
|
$265,880,000 | 0.19% |
| Arista Networks Inc |
No change
900
|
$260,982,000 | 0.19% |
| Bank New York Mellon Corp |
0.20%
4,020
|
$231,632,000 | 0.17% |
| Deere & Co. |
No change
563
|
$231,247,000 | 0.17% |
| Chevron Corp. |
0.48%
1,452
|
$229,038,000 | 0.17% |
| First Amern Finl Corp |
No change
3,534
|
$215,751,000 | 0.16% |
| American Express Co. |
Opened
918
|
$209,019,000 | 0.15% |
| Vanguard Index Fds |
10.00%
585
|
$201,357,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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