Cacti Asset Management 13F annual report
Cacti Asset Management is an investment fund managing more than $1.27 trillion ran by Joshua Pechter. There are currently 78 companies in Mr. Pechter’s portfolio. The largest investments include Apple Inc and Blackstone Group L P, together worth $228 billion.
$1.27 trillion Assets Under Management (AUM)
As of 24th June 2024, Cacti Asset Management’s top holding is 545,940 shares of Apple Inc currently worth over $117 billion and making up 9.2% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Cacti Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 894,874 shares of Blackstone Group L P worth $111 billion.
The third-largest holding is Goldman Sachs worth $99.4 billion and the next is American Express Co worth $97.8 billion, with 428,186 shares owned.
Currently, Cacti Asset Management's portfolio is worth at least $1.27 trillion. 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 Cacti Asset Management
The Cacti Asset Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Joshua Pechter serves as the Managing Partner at Cacti Asset Management.
Recent trades
In the most recent 13F filing, Cacti Asset Management revealed that it had increased its stake in
Blackstone Group L P and bought 380 additional shares worth around .
On the other hand, there are companies that Cacti Asset Management is getting rid of from its portfolio.
Cacti Asset Management closed its position in Embecta Corp on 1st July 2024.
It sold the previously owned 3,297 shares for $43.3 million.
Joshua Pechter also disclosed a decreased stake in Us Bancorp Del by approximately 0.1%.
This leaves the value of the investment at $2.87 billion and 72,335 shares.
One of the largest hedge funds
The two most similar investment funds to Cacti Asset Management are Clearlake Capital Group, L.P. and Gyl Synergies. They manage $1.27 trillion and $1.27 trillion respectively.
Joshua Pechter investment strategy
Cacti Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Finance — making up 17.2% of
the total portfolio value.
The fund focuses on investments in the United States as
48.7% 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 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $221 billion.
The complete list of Cacti Asset Management trades based on 13F SEC filings
These positions were updated on July 1st 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 |
|---|---|---|---|
| Apple Inc |
No change
545,940
|
$116,885,754,000 | 9.22% |
| Blackstone Group L P |
0.04%
894,874
|
$111,071,761,000 | 8.77% |
| Goldman Sachs Group, Inc. |
0.03%
222,987
|
$99,443,283,000 | 7.85% |
| American Express Co. |
No change
428,186
|
$97,797,682,000 | 7.72% |
| Merck & Co Inc |
No change
645,298
|
$83,772,586,000 | 6.61% |
| Jacobs Engr Group Inc Del |
No change
592,022
|
$82,557,468,000 | 6.52% |
| Chubb Ltd |
No change
257,466
|
$67,463,816,000 | 5.32% |
| Seagate Technologies |
No change
613,636
|
$63,879,508,000 | 5.04% |
| Disney Walt Co |
No change
532,643
|
$54,420,135,000 | 4.29% |
| United Parcel Service, Inc. |
No change
365,468
|
$49,641,518,000 | 3.92% |
| Becton Dickinson & Co. |
No change
178,771
|
$41,285,375,000 | 3.26% |
| Boeing Co. |
No change
220,419
|
$40,228,672,000 | 3.17% |
| Johnson & Johnson |
No change
257,868
|
$37,597,154,000 | 2.97% |
| Corning, Inc. |
No change
879,557
|
$33,942,105,000 | 2.68% |
| Automatic Data Processing In |
No change
139,751
|
$33,162,912,000 | 2.62% |
| Raytheon Technologies Corp |
No change
305,086
|
$30,697,753,000 | 2.42% |
| Volkswagen Ag |
No change
236,303
|
$28,346,908,000 | 2.24% |
| Fox Corporation |
No change
854,762
|
$27,155,789,000 | 2.14% |
| Cvs Caremark Corporation |
No change
412,845
|
$24,093,634,000 | 1.90% |
| Baxter International Inc. |
212.11%
496,613
|
$16,646,468,000 | 1.31% |
| Bank Of New York Mellon Corp |
No change
233,565
|
$13,906,460,000 | 1.10% |
| Spdr S&p 500 Etf Tr |
No change
24,795
|
$13,547,244,000 | 1.07% |
| EBay Inc. |
No change
245,652
|
$13,031,839,000 | 1.03% |
| Genuine Parts Co. |
No change
74,234
|
$10,199,752,000 | 0.80% |
| General Motors Company |
No change
184,260
|
$8,398,571,000 | 0.66% |
| Microsoft Corporation |
No change
11,630
|
$5,266,646,000 | 0.42% |
| Invesco Ltd Ord Shs |
No change
326,281
|
$4,845,273,000 | 0.38% |
| KKR & Co. Inc |
No change
41,630
|
$4,406,952,000 | 0.35% |
| Otis Worldwide Corporation |
No change
38,404
|
$3,686,784,000 | 0.29% |
| Us Bancorp Del |
0.84%
72,335
|
$2,870,253,000 | 0.23% |
| Carrier Global Corporation |
No change
43,490
|
$2,749,873,000 | 0.22% |
| International Business Machs |
No change
15,600
|
$2,665,260,000 | 0.21% |
| Procter & Gamble Co. |
No change
15,345
|
$2,556,784,000 | 0.20% |
| Ishares Silver Tr Ishares |
No change
88,600
|
$2,343,470,000 | 0.18% |
| Vestas Wind Systems A/sutd Uk |
No change
296,250
|
$2,343,338,000 | 0.18% |
| Coca-Cola Co |
No change
36,600
|
$2,339,106,000 | 0.18% |
| Jpmorgan Chase &co |
No change
11,110
|
$2,212,779,000 | 0.17% |
| Intel Corp. |
No change
71,100
|
$2,174,949,000 | 0.17% |
| Morgan Stanley Com New |
No change
22,000
|
$2,106,940,000 | 0.17% |
| Exxon Mobil Corp. |
20.43%
18,065
|
$2,075,669,000 | 0.16% |
| Pfizer Inc. |
No change
69,850
|
$1,941,830,000 | 0.15% |
| Brown & Brown, Inc. |
No change
21,000
|
$1,893,360,000 | 0.15% |
| General Electric Co |
No change
9,687
|
$1,554,764,000 | 0.12% |
| Bristol-Myers Squibb Co. |
No change
36,450
|
$1,513,040,000 | 0.12% |
| Novo Nordisk |
No change
10,000
|
$1,444,900,000 | 0.11% |
| Halliburton Co. |
No change
40,000
|
$1,344,400,000 | 0.11% |
| Peapack-gladstone Finl Corp |
No change
55,000
|
$1,192,400,000 | 0.09% |
| Kyndryl Hldgs Inc |
No change
45,160
|
$1,176,418,000 | 0.09% |
| HP Inc |
No change
30,000
|
$1,041,300,000 | 0.08% |
| Meta Platforms Inc |
No change
2,000
|
$1,039,120,000 | 0.08% |
| Ge Vernova Inc |
No change
5,833
|
$1,028,241,000 | 0.08% |
| International Flavors&fragra |
No change
10,000
|
$957,200,000 | 0.08% |
| Fastenal Co. |
No change
14,790
|
$936,651,000 | 0.07% |
| Lilly Eli & Co |
No change
1,000
|
$909,040,000 | 0.07% |
| Sealed Air Corp. |
No change
22,300
|
$784,514,000 | 0.06% |
| Fresenius Med Care Aktiengesellschaft |
No change
34,000
|
$651,780,000 | 0.05% |
| Hewlett Packard Enterprise Co |
No change
30,000
|
$631,200,000 | 0.05% |
| Lindbald Expeditions Hldgs Inc |
No change
41,500
|
$393,005,000 | 0.03% |
| Home Depot, Inc. |
No change
1,100
|
$375,639,000 | 0.03% |
| Cisco Sys Inc |
No change
6,000
|
$284,700,000 | 0.02% |
| Idexx Labs Inc |
No change
500
|
$246,980,000 | 0.02% |
| Ford Mtr Co Del |
No change
20,000
|
$244,600,000 | 0.02% |
| Movado Group, Inc. |
No change
10,000
|
$244,300,000 | 0.02% |
| Tjx Cos. Inc. |
No change
2,000
|
$221,100,000 | 0.02% |
| Ge Healthcare Inc |
No change
2,666
|
$210,134,000 | 0.02% |
| AT&T Inc. |
No change
10,000
|
$187,500,000 | 0.01% |
| Teva Pharmaceutical Ind. |
No change
10,000
|
$162,600,000 | 0.01% |
| Waters Corp. |
No change
500
|
$143,235,000 | 0.01% |
| Mastercard Incorporated |
No change
300
|
$132,825,000 | 0.01% |
| Blue Ridge Real Estate Co. |
No change
10,000
|
$86,000,000 | 0.01% |
| Organon & Co |
8.12%
3,985
|
$82,051,000 | 0.01% |
| Tech Precision Corp |
No change
22,188
|
$81,874,000 | 0.01% |
| UBS Group AG |
No change
2,001
|
$58,949,000 | 0.00% |
| Mcdermott Intl Ltd |
No change
150,000
|
$43,500,000 | 0.00% |
| Embecta Corp |
Closed
3,297
|
$43,290,000 | |
| Galapagos Nv Spons Adr |
No change
1,000
|
$25,140,000 | 0.00% |
| Warner Bros.Discovery Inc |
No change
2,419
|
$17,780,000 | 0.00% |
| Precigen Incs |
No change
7,500
|
$11,325,000 | 0.00% |
| Hiscox Ltd Shsisin#bmg4593f1041 |
No change
282
|
$4,066,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 79 holdings | |||
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