Tealwood Asset Management Inc 13F annual report

Tealwood Asset Management Inc is an investment fund managing more than $166 million ran by Michelle Warneke. There are currently 91 companies in Mrs. Warneke’s portfolio. The largest investments include AMMO and Merck & Co Inc, together worth $9.99 million.

Limited to 30 biggest holdings

$166 million Assets Under Management (AUM)

As of 2nd July 2024, Tealwood Asset Management Inc’s top holding is 3,410,000 shares of AMMO currently worth over $5.73 million and making up 3.5% of the portfolio value. Relative to the number of outstanding shares of AMMO, Tealwood Asset Management Inc owns more than approximately 0.1% of the company. In addition, the fund holds 34,445 shares of Merck & Co Inc worth $4.26 million, whose value grew 6.2% in the past six months. The third-largest holding is Meta Platforms Inc worth $4.1 million and the next is Broadcom worth $4.01 million, with 2,495 shares owned.

Currently, Tealwood Asset Management Inc's portfolio is worth at least $166 million. 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 Tealwood Asset Management Inc

The Tealwood Asset Management Inc office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Michelle Warneke serves as the CCO/Director of Operations at Tealwood Asset Management Inc.

Recent trades

In the most recent 13F filing, Tealwood Asset Management Inc revealed that it had opened a new position in Allison Transmission Hldgs I and bought 31,286 shares worth $2.38 million.

The investment fund also strengthened its position in Abbvie Inc by buying 1 additional shares. This makes their stake in Abbvie Inc total 16,686 shares worth $2.86 million. Abbvie Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Tealwood Asset Management Inc is getting rid of from its portfolio. Tealwood Asset Management Inc closed its position in Us Bancorp Del on 9th July 2024. It sold the previously owned 62,562 shares for $2.8 million. Michelle Warneke also disclosed a decreased stake in Merck & Co Inc by approximately 0.1%. This leaves the value of the investment at $4.26 million and 34,445 shares.

One of the smallest hedge funds

The two most similar investment funds to Tealwood Asset Management Inc are R. W. Roge and Liberty Street Advisors. They manage $166 million and $166 million respectively.


Michelle Warneke investment strategy

Tealwood Asset Management Inc’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 20.1% of the total portfolio value. The fund focuses on investments in the United States as 61.5% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 1.1% of the portfolio. The average market cap of the portfolio companies is close to $165 billion.

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

These positions were updated on July 9th 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
AMMO, Inc.
No change
3,410,000
$5,729,000 3.45%
Merck & Co Inc
0.05%
34,445
$4,264,000 2.57%
Meta Platforms Inc
0.44%
8,132
$4,100,000 2.47%
Broadcom Inc.
1.66%
2,495
$4,006,000 2.41%
Bjs Whsl Club Hldgs Inc
0.66%
34,150
$3,000,000 1.81%
Seagate Technology Hldngs Pl
0.72%
28,781
$2,972,000 1.79%
Astrazeneca plc
1.26%
37,660
$2,937,000 1.77%
Netapp Inc
25.71%
22,740
$2,929,000 1.76%
Abbvie Inc
0.01%
16,686
$2,862,000 1.72%
Us Bancorp Del
Closed
62,562
$2,797,000
Lockheed Martin Corp.
1.18%
5,794
$2,706,000 1.63%
Microsoft Corporation
0.33%
5,984
$2,675,000 1.61%
Gen Digital Inc
0.18%
103,806
$2,593,000 1.56%
Eaton Corp Plc
0.61%
8,260
$2,590,000 1.56%
Novartis AG
0.94%
24,220
$2,579,000 1.55%
Digital Rlty Tr Inc
18.61%
16,920
$2,573,000 1.55%
Block H & R Inc
0.48%
47,375
$2,569,000 1.55%
Garmin Ltd
0.36%
15,549
$2,533,000 1.53%
Unitedhealth Group Inc
Closed
5,041
$2,494,000
Apollo Global Mgmt Inc
0.54%
21,097
$2,491,000 1.50%
Cummins Inc.
1.24%
8,932
$2,473,000 1.49%
Palo Alto Networks Inc
0.78%
7,251
$2,458,000 1.48%
Union Pac Corp
Closed
9,873
$2,428,000
Allison Transmission Hldgs I
Opened
31,286
$2,375,000 1.43%
Blackstone Inc
0.06%
18,984
$2,350,000 1.42%
Cogent Communications Hldgs
Closed
35,684
$2,331,000
Halozyme Therapeutics Inc.
0.53%
44,301
$2,320,000 1.40%
Apple Inc
0.26%
10,841
$2,283,000 1.37%
Johnson & Johnson
0.09%
15,620
$2,283,000 1.37%
Automatic Data Processing In
0.05%
9,512
$2,270,000 1.37%
Cisco Sys Inc
0.21%
46,950
$2,231,000 1.34%
Berkshire Hathaway Inc.
0.37%
5,429
$2,209,000 1.33%
Alphabet Inc
0.50%
12,019
$2,189,000 1.32%
Home Depot, Inc.
0.54%
6,280
$2,162,000 1.30%
Berkley W R Corp
0.31%
27,373
$2,151,000 1.30%
State Str Corp
Closed
27,783
$2,148,000
Texas Instrs Inc
Closed
11,981
$2,087,000
Adobe Inc
0.51%
3,730
$2,072,000 1.25%
Parker-Hannifin Corp.
0.56%
4,086
$2,067,000 1.24%
Mcdonalds Corp
0.31%
8,076
$2,058,000 1.24%
Advanced Micro Devices Inc.
0.53%
12,529
$2,032,000 1.22%
Marsh & McLennan Cos., Inc.
0.58%
9,609
$2,025,000 1.22%
Novo-nordisk A S
0.55%
14,000
$1,998,000 1.20%
Grainger W W Inc
0.60%
2,165
$1,953,000 1.18%
Applied Matls Inc
23.63%
8,014
$1,891,000 1.14%
United Parcel Service, Inc.
Closed
12,537
$1,863,000
Lam Research Corp.
20.55%
1,747
$1,860,000 1.12%
Schwab Charles Corp
Closed
25,467
$1,842,000
Vertex Pharmaceuticals, Inc.
Closed
4,379
$1,830,000
Sherwin-Williams Co.
Closed
4,913
$1,706,000
Medtronic Plc
0.54%
21,523
$1,694,000 1.02%
Qualcomm, Inc.
Closed
9,899
$1,676,000
Regeneron Pharmaceuticals, Inc.
Closed
1,731
$1,666,000
Icon Plc
0.60%
5,283
$1,656,000 1.00%
Visa Inc
Closed
5,916
$1,651,000
Neurocrine Biosciences, Inc.
0.91%
11,899
$1,638,000 0.99%
AMGEN Inc.
0.72%
5,239
$1,637,000 0.99%
Ross Stores, Inc.
Closed
11,143
$1,635,000
Take-two Interactive Softwar
Closed
10,886
$1,616,000
PTC Inc
0.10%
8,862
$1,610,000 0.97%
Salesforce Inc
Closed
5,343
$1,609,000
Autozone Inc.
0.56%
537
$1,592,000 0.96%
RTX Corp
Closed
16,134
$1,574,000
Humana Inc.
0.59%
4,200
$1,569,000 0.94%
Citizens Finl Group Inc
0.45%
42,699
$1,538,000 0.93%
Intercontinental Exchange In
0.41%
11,235
$1,538,000 0.93%
Fortinet Inc
0.40%
25,228
$1,520,000 0.92%
S&P Global Inc
Closed
3,519
$1,497,000
NMI Holdings Inc
0.02%
43,490
$1,480,000 0.89%
Mueller Inds Inc
0.28%
25,936
$1,477,000 0.89%
Silicon Motion Technology Corp
Closed
18,908
$1,455,000
Thermo Fisher Scientific Inc.
Closed
2,493
$1,449,000
Mondelez International Inc.
0.29%
22,118
$1,447,000 0.87%
Logitech Intl S A
0.22%
14,829
$1,437,000 0.87%
Wells Fargo Co New
Closed
24,730
$1,433,000
Booking Holdings Inc
0.83%
357
$1,414,000 0.85%
Caci International Inc.
0.73%
3,259
$1,402,000 0.84%
Monster Beverage Corp.
0.38%
28,075
$1,402,000 0.84%
Commvault Sys Inc
26.84%
11,394
$1,385,000 0.83%
Pathward Financial Inc
0.43%
24,093
$1,363,000 0.82%
Molina Healthcare Inc
0.09%
4,531
$1,347,000 0.81%
Crocs Inc
0.23%
9,165
$1,338,000 0.81%
Exelixis Inc
0.64%
59,083
$1,328,000 0.80%
Blackrock Inc.
0.53%
1,684
$1,326,000 0.80%
Deckers Outdoor Corp.
16.31%
1,360
$1,316,000 0.79%
Electronic Arts, Inc.
0.23%
9,404
$1,310,000 0.79%
Globus Med Inc
0.03%
19,013
$1,302,000 0.78%
Sysco Corp.
Closed
15,816
$1,284,000
Box Inc
0.04%
47,782
$1,263,000 0.76%
Abbott Labs
0.20%
12,105
$1,258,000 0.76%
Starbucks Corp.
Closed
13,374
$1,222,000
Masco Corp.
0.69%
17,866
$1,191,000 0.72%
Keysight Technologies Inc
0.22%
8,625
$1,179,000 0.71%
Hologic, Inc.
0.53%
15,798
$1,173,000 0.71%
Gogo Inc
0.88%
121,176
$1,166,000 0.70%
ON Semiconductor Corp.
0.22%
16,792
$1,151,000 0.69%
Godaddy Inc
Opened
8,210
$1,147,000 0.69%
Nasdaq Inc
0.48%
18,789
$1,132,000 0.68%
Pure Cycle Corp.
Closed
118,339
$1,124,000
R1 RCM Inc.
Closed
86,557
$1,115,000
Corpay Inc
0.12%
4,187
$1,115,000 0.67%
Chart Inds Inc
0.40%
7,671
$1,107,000 0.67%
Iridium Communications Inc
61.53%
41,524
$1,105,000 0.67%
Zebra Technologies Corporati
Closed
3,659
$1,103,000
Verra Mobility Corporation
Closed
44,065
$1,100,000
Chord Energy Corporation
0.20%
6,407
$1,074,000 0.65%
Teradyne, Inc.
Closed
9,400
$1,061,000
Gentex Corp.
0.49%
31,449
$1,060,000 0.64%
Armstrong World Inds Inc New
25.44%
9,237
$1,046,000 0.63%
F5 Inc
0.95%
6,036
$1,039,000 0.63%
Kinsale Cap Group Inc
Opened
2,690
$1,036,000 0.62%
SBA Communications Corp
Closed
4,771
$1,034,000
Ameren Corp.
Closed
13,634
$1,008,000
Biomarin Pharmaceutical Inc.
0.44%
12,147
$1,000,000 0.60%
Incyte Corp.
Closed
17,483
$996,000
Teleflex Incorporated
Closed
4,382
$991,000
Teradata Corp
Closed
25,043
$968,000
Cooper Cos Inc
0.39%
11,019
$962,000 0.58%
NextEra Energy Partners LP
40.89%
29,817
$824,000 0.50%
Shoals Technologies Group In
Closed
70,942
$793,000
Genpact Limited
0.88%
24,417
$786,000 0.47%
AT&T, Inc.
0.14%
34,333
$656,000 0.40%
Target Corp
Closed
3,575
$634,000
International Business Machs
No change
2,125
$368,000 0.22%
Walmart Inc
Closed
5,754
$346,000
Rockwell Automation Inc
Closed
1,120
$326,000
Ecolab, Inc.
No change
1,085
$258,000 0.16%
VanEck ETF Trust
Closed
2,687
$242,000
Sunopta, Inc.
Closed
12,500
$86,000
Intuitive Machines Inc
4.31%
20,000
$66,000 0.04%
Sharplink Gaming Inc
Closed
11,306
$17,000
No transactions found
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