Weik Capital Management 13F annual report
Weik Capital Management is an investment fund managing more than $234 billion ran by Thomas Weik. There are currently 93 companies in Mr. Weik’s portfolio. The largest investments include Microsoft and Progressive, together worth $42.8 billion.
$234 billion Assets Under Management (AUM)
As of 2nd August 2024, Weik Capital Management’s top holding is 53,709 shares of Microsoft currently worth over $24 billion and making up 10.3% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Weik Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 90,410 shares of Progressive worth $18.8 billion, whose value grew 19.5% in the past six months.
The third-largest holding is Berkshire Hathaway B worth $18.6 billion and the next is Alphabet Inc worth $13.9 billion, with 75,812 shares owned.
Currently, Weik Capital Management's portfolio is worth at least $234 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 Weik Capital Management
The Weik Capital Management office and employees reside in Wyomissing, Pennsylvania. According to the last 13-F report filed with the SEC, Thomas Weik serves as the PRESIDENT at Weik Capital Management.
Recent trades
In the most recent 13F filing, Weik Capital Management revealed that it had opened a new position in
Charter Communications and bought 3,678 shares worth $1.1 billion.
This means they effectively own approximately 0.1% of the company.
Charter Communications makes up
55.8%
of the fund's Communication Services sector allocation and has decreased its share price by 13.3% in the past year.
The investment fund also strengthened its position in Home Depot by buying
10 additional shares.
This makes their stake in Home Depot total 12,000 shares worth $4.13 billion.
Home Depot soared 6.1% in the past year.
On the other hand, there are companies that Weik Capital Management is getting rid of from its portfolio.
Weik Capital Management closed its position in Liberty Broadband C on 9th August 2024.
It sold the previously owned 15,767 shares for $902 million.
Thomas Weik also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $24 billion and 53,709 shares.
One of the smallest hedge funds
The two most similar investment funds to Weik Capital Management are Centered Wealth Dba Miller Equity Capital Advisors and Santori & Peters. They manage $234 billion and $234 billion respectively.
Thomas Weik investment strategy
Weik Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 19.0% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $223 billion.
The complete list of Weik Capital Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Microsoft Corporation |
2.32%
53,709
|
$24,005,356,000 | 10.27% |
| Progressive Corp. |
1.74%
90,410
|
$18,779,061,000 | 8.03% |
| Berkshire Hathaway B |
2.72%
45,675
|
$18,580,590,000 | 7.95% |
| Alphabet Inc |
1.91%
75,812
|
$13,905,358,000 | 5.95% |
| TJX Companies, Inc. |
1.65%
113,984
|
$12,549,638,000 | 5.37% |
| Berkshire Hathaway A |
No change
13
|
$7,959,133,000 | 3.40% |
| Costco Wholesale Corp |
5.29%
9,213
|
$7,830,958,000 | 3.35% |
| Walmart Inc |
2.06%
106,695
|
$7,224,318,000 | 3.09% |
| Martin Marietta Matrls. |
0.59%
10,750
|
$5,824,350,000 | 2.49% |
| Nestle Reg Adr |
1.69%
55,111
|
$5,646,122,000 | 2.41% |
| Unitedhealth Group Inc |
2.37%
9,898
|
$5,040,655,000 | 2.16% |
| Alphabet Inc |
No change
25,135
|
$4,578,340,000 | 1.96% |
| Cintas Corporation |
2.06%
6,410
|
$4,488,667,000 | 1.92% |
| Wells Fargo |
3.36%
74,798
|
$4,442,253,000 | 1.90% |
| Home Depot, Inc. |
0.08%
12,000
|
$4,130,880,000 | 1.77% |
| Coca-Cola Co |
2.13%
61,640
|
$3,923,386,000 | 1.68% |
| O'reilly Automotive |
2.32%
3,669
|
$3,874,684,000 | 1.66% |
| Mastercard Incorporated |
0.46%
8,616
|
$3,801,035,000 | 1.63% |
| Johnson & Johnson |
10.42%
24,856
|
$3,632,953,000 | 1.55% |
| Diageo Plc Adr |
0.03%
27,511
|
$3,468,587,000 | 1.48% |
| Amazon.com Inc. |
No change
16,301
|
$3,150,092,000 | 1.35% |
| Lockheed Martin Corp. |
No change
6,568
|
$3,067,913,000 | 1.31% |
| Jpmorgan Chase |
0.33%
14,992
|
$3,032,282,000 | 1.30% |
| Vgd S-t Corp Index Etf |
5.04%
37,515
|
$2,898,934,000 | 1.24% |
| Apple Inc |
0.72%
13,762
|
$2,898,492,000 | 1.24% |
| Chevron Corp. |
4.32%
15,690
|
$2,454,230,000 | 1.05% |
| Teledyne Technologies Inc |
1.30%
5,460
|
$2,118,371,000 | 0.91% |
| Ishares S&p 500 Etf |
11.52%
3,680
|
$2,013,806,000 | 0.86% |
| Schwab Us Brd Mkt Etf |
3.79%
29,445
|
$1,851,207,000 | 0.79% |
| Vgd I-t Corp Index Etf |
3.64%
20,907
|
$1,671,094,000 | 0.71% |
| Disney (walt) |
0.94%
15,765
|
$1,565,354,000 | 0.67% |
| Comcast Corp. A |
4.46%
37,450
|
$1,466,542,000 | 0.63% |
| Pool Corporation |
No change
4,500
|
$1,382,985,000 | 0.59% |
| Pnc Financial |
No change
8,795
|
$1,367,446,000 | 0.58% |
| American Express Co. |
5.62%
5,878
|
$1,361,051,000 | 0.58% |
| Int'l Business Machines |
6.13%
7,650
|
$1,323,067,000 | 0.57% |
| Thor Industries, Inc. |
No change
14,150
|
$1,322,317,000 | 0.57% |
| Vgd Div Apprec Etf |
6.18%
6,875
|
$1,255,031,000 | 0.54% |
| Mondelez Int'l |
7.62%
18,795
|
$1,229,945,000 | 0.53% |
| Mohawk Industries, Inc. |
No change
10,515
|
$1,194,399,000 | 0.51% |
| Mcdonalds Corp. |
5.03%
4,595
|
$1,170,990,000 | 0.50% |
| Union Pacific Corp. |
3.64%
5,053
|
$1,143,292,000 | 0.49% |
| CVS Health Corp |
8.52%
19,065
|
$1,125,979,000 | 0.48% |
| Watts Water Technologies, Inc. |
No change
6,000
|
$1,100,220,000 | 0.47% |
| Charter Communications Inc. |
Opened
3,678
|
$1,099,575,000 | 0.47% |
| Genuine Parts Co. |
5.75%
7,450
|
$1,030,484,000 | 0.44% |
| Pfizer Inc. |
2.19%
35,630
|
$996,927,000 | 0.43% |
| Vgd Total Int'l Stock Etf |
4.64%
15,885
|
$957,865,000 | 0.41% |
| Pepsico, Inc. |
5.54%
5,712
|
$942,080,000 | 0.40% |
| Lamb Weston Holdings Inc |
195.54%
10,935
|
$919,415,000 | 0.39% |
| McGrath Rentcorp |
7.50%
8,600
|
$916,330,000 | 0.39% |
| Liberty Broadband C |
Closed
15,767
|
$902,345,000 | |
| Exxonmobil Corp. |
No change
7,736
|
$890,568,000 | 0.38% |
| Boeing Co. |
7.16%
4,865
|
$885,479,000 | 0.38% |
| Goldman Sachs |
No change
1,920
|
$868,454,000 | 0.37% |
| J & J Snack Foods |
No change
5,250
|
$852,442,000 | 0.36% |
| Meta Platforms Inc |
No change
1,650
|
$831,963,000 | 0.36% |
| Coterra Energy Inc |
8.49%
26,960
|
$719,023,000 | 0.31% |
| Schwab Us Dividend Etf |
3.67%
9,055
|
$704,117,000 | 0.30% |
| Hershey Company |
Opened
3,743
|
$688,076,000 | 0.29% |
| NVIDIA Corp |
918.52%
5,500
|
$679,470,000 | 0.29% |
| Zoetis Inc |
5.05%
3,760
|
$651,834,000 | 0.28% |
| Vgd Emerging Mkts Etf |
0.65%
14,425
|
$631,238,000 | 0.27% |
| Msg Sports |
No change
3,325
|
$625,532,000 | 0.27% |
| Unilever Plc Adr |
Closed
12,390
|
$621,854,000 | |
| Procter & Gamble Co. |
34.33%
3,635
|
$599,484,000 | 0.26% |
| Curtiss-Wright Corp. |
No change
2,200
|
$596,156,000 | 0.25% |
| Travelers, Inc. |
No change
2,913
|
$592,329,000 | 0.25% |
| Bank of America Corporation |
1.50%
13,155
|
$523,174,000 | 0.22% |
| Post Holdings Inc |
No change
5,000
|
$520,800,000 | 0.22% |
| Schwab Int'l Equity Etf |
2.40%
12,595
|
$483,900,000 | 0.21% |
| Accenture plc |
No change
1,513
|
$459,059,000 | 0.20% |
| Dollar Tree Inc |
5.16%
4,135
|
$441,494,000 | 0.19% |
| Int'l Flavors & Fragrances |
No change
4,540
|
$432,253,000 | 0.18% |
| Bellring Brands Inc |
No change
7,500
|
$428,550,000 | 0.18% |
| Blackrock Inc. |
No change
540
|
$425,153,000 | 0.18% |
| Atlanta Braves Holdings Inc |
10.70%
10,350
|
$408,204,000 | 0.17% |
| Vgd S&p Sm Cap 600 Etf |
19.24%
3,780
|
$371,234,000 | 0.16% |
| Lindsay Corporation |
No change
3,000
|
$368,640,000 | 0.16% |
| Chubb Limited |
No change
1,445
|
$368,591,000 | 0.16% |
| Graham Holdings Co. |
No change
500
|
$349,775,000 | 0.15% |
| Schwab Large-cap Etf |
1.38%
5,360
|
$344,380,000 | 0.15% |
| Phillips 66 |
5.84%
2,420
|
$341,631,000 | 0.15% |
| Vgd Small-cap Value Etf |
No change
1,750
|
$319,410,000 | 0.14% |
| Vgd Int'l Small-cap Etf |
No change
2,700
|
$317,223,000 | 0.14% |
| Biogen Inc |
6.25%
1,350
|
$312,957,000 | 0.13% |
| MercadoLibre Inc |
20.00%
180
|
$295,812,000 | 0.13% |
| Kroger Co. |
No change
5,835
|
$291,342,000 | 0.12% |
| Kaman Corp. |
Closed
6,000
|
$275,220,000 | |
| Dorman Products Inc |
No change
2,850
|
$260,718,000 | 0.11% |
| Verizon Communications Inc |
No change
5,665
|
$233,625,000 | 0.10% |
| AT&T Inc. |
14.54%
11,900
|
$227,409,000 | 0.10% |
| RTX Corp |
No change
2,223
|
$223,167,000 | 0.10% |
| Cable One Inc |
Closed
500
|
$211,565,000 | |
| Liberty Sirius C |
21.83%
9,405
|
$208,415,000 | 0.09% |
| Advance Auto Parts Inc |
Closed
2,395
|
$203,791,000 | |
| Allison Transmission Holdings Inc |
Closed
2,500
|
$202,900,000 | |
| Intuitive Surgical Inc |
Opened
450
|
$200,182,000 | 0.09% |
| ADT Inc |
No change
16,500
|
$125,400,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
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