Lewis Asset Management 13F annual report

Lewis Asset Management is an investment fund managing more than $130 billion ran by David Lewis. There are currently 100 companies in Mr. Lewis’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $28.7 billion.

Limited to 30 biggest holdings

$130 billion Assets Under Management (AUM)

As of 23rd July 2024, Lewis Asset Management’s top holding is 119,243 shares of NVIDIA Corp currently worth over $14.7 billion and making up 11.4% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Lewis Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 66,503 shares of Apple Inc worth $14 billion, whose value grew 19.3% in the past six months. The third-largest holding is Meta Platforms Inc worth $7.83 billion and the next is Microsoft worth $6.57 billion, with 14,692 shares owned.

Currently, Lewis Asset Management's portfolio is worth at least $130 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 Lewis Asset Management

The Lewis Asset Management office and employees reside in Lafayette, California. According to the last 13-F report filed with the SEC, David Lewis serves as the Chief Compliance Officer at Lewis Asset Management.

Recent trades

In the most recent 13F filing, Lewis Asset Management revealed that it had opened a new position in Crinetics Pharmaceuticals In and bought 12,395 shares worth $555 million.

The investment fund also strengthened its position in NVIDIA Corp by buying 107,606 additional shares. This makes their stake in NVIDIA Corp total 119,243 shares worth $14.7 billion. NVIDIA Corp dropped approximately 0.1% in the past year.

On the other hand, there are companies that Lewis Asset Management is getting rid of from its portfolio. Lewis Asset Management closed its position in Hawaiian Elec Industries on 30th July 2024. It sold the previously owned 25,400 shares for $286 million. David Lewis also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $14 billion and 66,503 shares.

One of the smallest hedge funds

The two most similar investment funds to Lewis Asset Management are Stonecrest Wealth Management and Smallwood Wealth Investment Management. They manage $130 billion and $129 billion respectively.


David Lewis investment strategy

Lewis Asset Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 36.7% of the total portfolio value. The fund focuses on investments in the United States as 58.0% 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 53% of the total holdings value. On the other hand, small-cap stocks make up only 3.0% of the portfolio. The average market cap of the portfolio companies is close to $228 billion.

The complete list of Lewis Asset Management trades based on 13F SEC filings

These positions were updated on July 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
NVIDIA Corp
924.69%
119,243
$14,731,276,000 11.37%
Apple Inc
2.38%
66,503
$14,006,791,000 10.81%
Meta Platforms Inc
0.90%
15,537
$7,834,137,000 6.05%
Microsoft Corporation
0.71%
14,692
$6,566,637,000 5.07%
Amazon.com Inc.
2.40%
24,641
$4,761,957,000 3.68%
Spdr Ser Tr
1.24%
55,477
$5,714,733,000 4.41%
Berkshire Hathaway Inc.
2.22%
8,075
$5,120,413,000 3.95%
Alphabet Inc
0.45%
26,284
$4,809,906,000 3.71%
Rithm Capital Corp
0.19%
263,881
$2,878,937,000 2.22%
Ishares Tr
0.57%
83,119
$7,441,038,000 5.74%
Crowdstrike Holdings Inc
1.79%
6,816
$2,611,823,000 2.02%
Angel Oak Funds Trust
1.89%
44,086
$2,243,525,000 1.73%
Abbvie Inc
1.65%
10,333
$1,772,358,000 1.37%
Broadcom Inc
15.92%
1,092
$1,752,550,000 1.35%
Salesforce Inc
0.87%
6,492
$1,669,096,000 1.29%
Viking Therapeutics Inc
64.00%
26,445
$1,401,849,000 1.08%
Atlassian Corporation
24.85%
7,438
$1,315,633,000 1.02%
Eli Lilly & Co
0.84%
1,181
$1,069,254,000 0.83%
Advanced Micro Devices Inc.
0.05%
6,509
$1,055,772,000 0.82%
Intellia Therapeutics Inc
52.10%
46,533
$1,041,409,000 0.80%
Toast, Inc.
12.82%
39,228
$1,010,906,000 0.78%
Schwab Strategic Tr
2.96%
35,277
$1,425,548,000 1.10%
Costco Whsl Corp New
3.17%
1,108
$941,567,000 0.73%
J P Morgan Exchange Traded F
2.62%
16,449
$932,356,000 0.72%
Verizon Communications Inc
1.06%
20,738
$855,235,000 0.66%
Oracle Corp.
11.35%
6,054
$854,761,000 0.66%
Procter And Gamble Co
3.20%
5,021
$828,002,000 0.64%
Valero Energy Corp.
1.93%
5,247
$822,552,000 0.64%
Intuitive Surgical Inc
3.40%
1,825
$811,851,000 0.63%
Pfizer Inc.
22.99%
28,144
$787,463,000 0.61%
Vanguard Scottsdale Fds
No change
8,109
$760,669,000 0.59%
Novo-nordisk A S
3.64%
5,290
$755,151,000 0.58%
Disney Walt Co
0.88%
7,246
$719,464,000 0.56%
Qualcomm, Inc.
6.24%
3,574
$711,949,000 0.55%
ServiceNow Inc
18.77%
892
$702,014,000 0.54%
Boeing Co.
28.12%
3,830
$697,127,000 0.54%
Cheniere Energy Inc.
8.46%
3,886
$679,315,000 0.52%
Tesla Inc
55.10%
3,254
$643,907,000 0.50%
Kimberly-Clark Corp.
2.27%
4,586
$633,739,000 0.49%
Proshares Tr
4.93%
15,746
$1,168,535,000 0.90%
Johnson & Johnson
2.17%
4,284
$626,192,000 0.48%
American Express Co.
3.49%
2,669
$618,065,000 0.48%
Goldman Sachs Group, Inc.
2.03%
1,308
$591,686,000 0.46%
Select Sector Spdr Tr
3.60%
7,593
$1,041,942,000 0.80%
Visa Inc
1.32%
2,172
$570,111,000 0.44%
Unitedhealth Group Inc
15.69%
1,112
$566,331,000 0.44%
International Business Machs
7.71%
3,268
$565,155,000 0.44%
Blackstone Inc
30.33%
4,534
$561,288,000 0.43%
Crinetics Pharmaceuticals In
Opened
12,395
$555,172,000 0.43%
Ares Capital Corp
3.33%
25,630
$534,128,000 0.41%
Snowflake Inc.
41.44%
3,925
$530,228,000 0.41%
Vanguard World Fd
4.92%
4,755
$474,896,000 0.37%
Lowes Cos Inc
0.19%
2,149
$473,786,000 0.37%
Enterprise Prods Partners L
No change
16,075
$465,854,000 0.36%
Tjx Cos Inc New
2.21%
4,162
$458,257,000 0.35%
Enbridge Inc
26.53%
12,161
$432,827,000 0.33%
Fidelity D & D Bancorp Inc
16.13%
9,809
$429,644,000 0.33%
VanEck ETF Trust
2.13%
1,629
$424,580,000 0.33%
Progressive Corp.
No change
2,032
$422,038,000 0.33%
Shift4 Pmts Inc
1.34%
5,510
$404,159,000 0.31%
JPMorgan Chase & Co.
7.27%
1,903
$384,891,000 0.30%
Albemarle Corp.
15.46%
3,993
$381,450,000 0.29%
Devon Energy Corp.
6.36%
7,997
$379,073,000 0.29%
AMGEN Inc.
4.41%
1,207
$377,225,000 0.29%
EQT Corp
0.10%
10,160
$375,724,000 0.29%
Innovator ETFs Trust
0.93%
15,108
$640,616,000 0.49%
Marvell Technology Inc
19.31%
5,223
$365,063,000 0.28%
Cincinnati Finl Corp
4.82%
3,044
$359,524,000 0.28%
Applied Matls Inc
No change
1,522
$359,177,000 0.28%
Super Micro Computer Inc
78.37%
437
$358,056,000 0.28%
M & T Bk Corp
0.94%
2,317
$350,691,000 0.27%
Monolithic Pwr Sys Inc
3.69%
422
$346,846,000 0.27%
Chevron Corp.
2.51%
2,209
$345,458,000 0.27%
Air Prods & Chems Inc
6.87%
1,328
$342,567,000 0.26%
Palo Alto Networks Inc
Opened
983
$333,247,000 0.26%
Roper Technologies Inc
2.21%
574
$323,499,000 0.25%
Home Depot, Inc.
25.44%
917
$315,562,000 0.24%
Digital Rlty Tr Inc
0.78%
2,055
$312,416,000 0.24%
Boston Scientific Corp.
No change
3,957
$304,729,000 0.24%
Exxon Mobil Corp.
13.80%
2,623
$301,934,000 0.23%
Mastercard Incorporated
57.08%
677
$298,833,000 0.23%
Abbott Labs
0.25%
2,858
$296,994,000 0.23%
Appfolio Inc
1.77%
1,205
$294,707,000 0.23%
Hawaiian Elec Industries
Closed
25,400
$286,258,000
Global X Fds
7.96%
24,319
$569,607,000 0.44%
Waste Connections Inc
No change
1,618
$283,750,000 0.22%
Walmart Inc
0.51%
4,178
$282,866,000 0.22%
Spdr S&p Midcap 400 Etf Tr
0.19%
527
$282,108,000 0.22%
Bristol-Myers Squibb Co.
29.76%
6,553
$272,135,000 0.21%
Merck & Co Inc
2.54%
2,178
$269,595,000 0.21%
Aflac Inc.
3.83%
2,871
$256,414,000 0.20%
Automatic Data Processing In
0.09%
1,071
$255,715,000 0.20%
Cisco Sys Inc
Opened
5,203
$247,217,000 0.19%
Sysco Corp.
6.98%
3,293
$235,093,000 0.18%
Coca-Cola Co
5.86%
3,611
$229,842,000 0.18%
Price T Rowe Group Inc
3.73%
1,946
$224,370,000 0.17%
Jacobs Solutions Inc
Closed
1,394
$214,261,000
Manulife Finl Corp
0.44%
8,007
$213,146,000 0.16%
Chipotle Mexican Grill
Opened
3,197
$200,289,000 0.15%
Equitrans Midstream Corporation
0.04%
13,021
$169,017,000 0.13%
Donegal Group Inc.
Closed
10,902
$154,158,000
Snap Inc
Closed
12,000
$137,760,000
Cybin Inc
7.09%
302,000
$81,842,000 0.06%
Bionomics Limited
53.33%
23,000
$17,641,000 0.01%
No transactions found
Showing first 500 out of 104 holdings