Cypress Asset Management Inc/tx 13F annual report
Cypress Asset Management Inc/tx is an investment fund managing more than $367 billion ran by Will Garwood. There are currently 105 companies in Mr. Garwood’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $44.1 billion.
$367 billion Assets Under Management (AUM)
As of 4th June 2024, Cypress Asset Management Inc/tx’s top holding is 53,634 shares of Microsoft currently worth over $23.1 billion and making up 6.3% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Cypress Asset Management Inc/tx owns more than approximately 0.1% of the company.
In addition, the fund holds 119,607 shares of Apple Inc worth $21 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is NVIDIA Corp worth $21 billion and the next is Eli Lilly Co worth $17.4 billion, with 21,959 shares owned.
Currently, Cypress Asset Management Inc/tx's portfolio is worth at least $367 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 Cypress Asset Management Inc/tx
The Cypress Asset Management Inc/tx office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Will Garwood serves as the President at Cypress Asset Management Inc/tx.
Recent trades
In the most recent 13F filing, Cypress Asset Management Inc/tx revealed that it had opened a new position in
Ansys and bought 2,242 shares worth $778 million.
This means they effectively own approximately 0.1% of the company.
Ansys makes up
0.8%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
2,807 additional shares.
This makes their stake in Microsoft total 53,634 shares worth $23.1 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Cypress Asset Management Inc/tx is getting rid of from its portfolio.
Cypress Asset Management Inc/tx closed its position in Humana on 11th June 2024.
It sold the previously owned 3,382 shares for $1.55 billion.
Will Garwood also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $21 billion and 119,607 shares.
One of the smaller hedge funds
The two most similar investment funds to Cypress Asset Management Inc/tx are Rs Crum Inc and First Reserve Gp Xiii Ltd. They manage $367 billion and $367 billion respectively.
Will Garwood investment strategy
Cypress Asset Management Inc/tx’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 27.0% of
the total portfolio value.
The fund focuses on investments in the United States as
59.0% 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
65% 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 $221 billion.
The complete list of Cypress Asset Management Inc/tx trades based on 13F SEC filings
These positions were updated on June 11th 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 |
5.52%
53,634
|
$23,054,615,000 | 6.28% |
| Apple Inc |
2.52%
119,607
|
$20,996,697,000 | 5.72% |
| NVIDIA Corp |
1.69%
22,919
|
$20,974,338,000 | 5.72% |
| Eli Lilly Co |
1.48%
21,959
|
$17,351,620,000 | 4.73% |
| Jpmorgan Chase Co |
1.79%
60,661
|
$12,414,394,000 | 3.38% |
| Amazon.com Inc. |
2.42%
67,368
|
$12,274,498,000 | 3.35% |
| Berkshire Hathaway Inc. |
7.47%
24,451
|
$10,494,497,000 | 2.86% |
| Pepsico Inc |
1.29%
58,950
|
$10,486,774,000 | 2.86% |
| Mastercard Incorporated |
1.12%
19,924
|
$9,695,930,000 | 2.64% |
| Alphabet Inc |
6.56%
88,052
|
$13,485,655,000 | 3.68% |
| Costco Whsl Corp New |
1.47%
11,217
|
$8,362,239,000 | 2.28% |
| Broadcom Inc |
26.12%
6,190
|
$8,344,781,000 | 2.27% |
| Visa Inc |
1.31%
29,340
|
$8,306,816,000 | 2.26% |
| Home Depot, Inc. |
2.42%
18,082
|
$7,078,954,000 | 1.93% |
| Advanced Micro Devices Inc. |
0.35%
38,461
|
$6,997,056,000 | 1.91% |
| Analog Devices Inc. |
6.04%
32,833
|
$6,572,166,000 | 1.79% |
| MercadoLibre Inc |
4.03%
3,952
|
$5,988,874,000 | 1.63% |
| Union Pac Corp |
1.44%
23,811
|
$5,969,892,000 | 1.63% |
| Johnson Johnson |
2.63%
36,489
|
$5,877,391,000 | 1.60% |
| Honeywell International Inc |
2.68%
26,048
|
$5,490,027,000 | 1.50% |
| Merck Co Inc |
0.78%
40,966
|
$5,472,758,000 | 1.49% |
| Qualcomm, Inc. |
0.22%
31,814
|
$5,399,654,000 | 1.47% |
| Unitedhealth Group Inc |
1.14%
10,118
|
$5,089,474,000 | 1.39% |
| Linde Plc. |
0.99%
10,670
|
$5,044,837,000 | 1.38% |
| Applied Matls Inc |
2.31%
24,182
|
$5,023,763,000 | 1.37% |
| Lowes Cos Inc |
1.34%
19,287
|
$4,971,565,000 | 1.36% |
| Lockheed Martin Corp. |
2.44%
10,092
|
$4,720,186,000 | 1.29% |
| Zoetis Inc |
4.92%
26,195
|
$4,522,476,000 | 1.23% |
| Procter And Gamble Co |
2.97%
27,072
|
$4,453,276,000 | 1.21% |
| Adobe Inc |
11.09%
8,297
|
$4,220,474,000 | 1.15% |
| Danaher Corp. |
0.54%
16,477
|
$4,137,111,000 | 1.13% |
| Constellation Brands Inc |
1.70%
14,265
|
$3,962,261,000 | 1.08% |
| Palo Alto Networks Inc |
13.04%
11,413
|
$3,258,687,000 | 0.89% |
| RTX Corp |
0.89%
32,592
|
$3,217,222,000 | 0.88% |
| Abbott Labs |
15.06%
27,967
|
$3,195,778,000 | 0.87% |
| Colgate-Palmolive Co. |
1.10%
35,255
|
$3,190,471,000 | 0.87% |
| Taiwan Semiconductor Mfg Ltd |
1.45%
21,138
|
$2,920,041,000 | 0.80% |
| Emerson Elec Co |
63.10%
23,070
|
$2,664,236,000 | 0.73% |
| Deere Co |
0.73%
5,974
|
$2,540,072,000 | 0.69% |
| Coca-Cola Co |
2.93%
39,657
|
$2,488,619,000 | 0.68% |
| Goldman Sachs Group, Inc. |
0.69%
5,836
|
$2,437,639,000 | 0.66% |
| Ishares Tr |
1.97%
56,188
|
$4,397,450,000 | 1.20% |
| Novo-nordisk A S |
1.25%
17,916
|
$2,391,707,000 | 0.65% |
| Asml Holding N V |
1.44%
2,257
|
$2,258,284,000 | 0.62% |
| Sp Global Inc |
2.61%
5,228
|
$2,234,889,000 | 0.61% |
| Texas Instrs Inc |
21.32%
12,320
|
$2,187,207,000 | 0.60% |
| Mcdonalds Corp |
3.97%
7,433
|
$2,166,222,000 | 0.59% |
| Chevron Corp. |
2.18%
13,017
|
$2,120,342,000 | 0.58% |
| Yum Brands Inc. |
4.09%
14,078
|
$1,951,915,000 | 0.53% |
| Select Sector Spdr Tr |
14.31%
14,252
|
$2,360,646,000 | 0.64% |
| Meta Platforms Inc |
541.85%
3,819
|
$1,861,714,000 | 0.51% |
| Blackrock Inc. |
No change
2,201
|
$1,834,974,000 | 0.50% |
| Medtronic Plc |
0.96%
20,616
|
$1,796,684,000 | 0.49% |
| Parker-Hannifin Corp. |
8.59%
3,199
|
$1,780,751,000 | 0.49% |
| Thermo Fisher Scientific Inc. |
9.65%
2,886
|
$1,704,689,000 | 0.46% |
| Mondelez International Inc. |
0.21%
23,788
|
$1,665,160,000 | 0.45% |
| Synopsys, Inc. |
21.62%
2,740
|
$1,625,917,000 | 0.44% |
| Humana Inc. |
Closed
3,382
|
$1,548,313,000 | |
| Workday Inc |
4.12%
5,353
|
$1,507,762,000 | 0.41% |
| Nike, Inc. |
15.46%
14,802
|
$1,391,092,000 | 0.38% |
| Becton Dickinson Co |
15.03%
5,159
|
$1,276,595,000 | 0.35% |
| AMGEN Inc. |
14.91%
4,277
|
$1,247,312,000 | 0.34% |
| Xylem Inc |
16.79%
9,191
|
$1,226,662,000 | 0.33% |
| KLA Corp. |
1.47%
1,675
|
$1,170,105,000 | 0.32% |
| Canadian Natl Ry Co |
No change
8,713
|
$1,147,589,000 | 0.31% |
| Pioneer Nat Res Co |
19.60%
3,844
|
$1,028,737,000 | 0.28% |
| Intel Corp. |
1.56%
22,835
|
$1,015,247,000 | 0.28% |
| Crown Castle Inc |
Closed
8,780
|
$1,011,368,000 | |
| Spdr Sp 500 Etf Tr |
15.96%
1,729
|
$1,009,002,000 | 0.28% |
| Trane Technologies plc |
No change
3,165
|
$950,133,000 | 0.26% |
| Waste Mgmt Inc Del |
1.19%
4,256
|
$907,166,000 | 0.25% |
| Caterpillar Inc. |
4.48%
2,130
|
$817,139,000 | 0.22% |
| Novartis AG |
1.21%
8,146
|
$802,472,000 | 0.22% |
| MSCI Inc |
No change
1,423
|
$797,520,000 | 0.22% |
| Starbucks Corp. |
4.66%
8,565
|
$782,755,000 | 0.21% |
| Ansys Inc. |
Opened
2,242
|
$778,333,000 | 0.21% |
| NextEra Energy Inc |
35.42%
11,668
|
$777,657,000 | 0.21% |
| Abbvie Inc |
40.50%
4,150
|
$755,715,000 | 0.21% |
| Cummins Inc. |
6.98%
2,480
|
$730,732,000 | 0.20% |
| Air Prods Chems Inc |
Closed
2,545
|
$696,821,000 | |
| Agilent Technologies Inc. |
No change
4,194
|
$610,269,000 | 0.17% |
| Bank America Corp |
0.07%
15,367
|
$594,093,000 | 0.16% |
| Diageo plc |
86.41%
3,685
|
$592,729,000 | 0.16% |
| Sanofi |
Closed
10,225
|
$508,489,000 | |
| Invesco Exchange Traded Fd T |
Opened
2,478
|
$473,050,000 | 0.13% |
| Freeport-McMoRan Inc |
4.99%
9,575
|
$450,216,000 | 0.12% |
| Tjx Cos Inc New |
No change
4,250
|
$431,035,000 | 0.12% |
| Cisco Sys Inc |
No change
7,550
|
$376,820,000 | 0.10% |
| Tractor Supply Co. |
6.33%
1,405
|
$372,951,000 | 0.10% |
| Coterra Energy Inc |
3.82%
12,090
|
$346,827,000 | 0.09% |
| Dollar Gen Corp New |
Closed
2,495
|
$339,195,000 | |
| Spdr Ser Tr |
2.89%
2,315
|
$336,521,000 | 0.09% |
| Spdr Gold Tr |
No change
1,615
|
$332,238,000 | 0.09% |
| Walmart Inc |
189.46%
5,109
|
$318,600,000 | 0.09% |
| Duke Energy Corp. |
No change
3,175
|
$307,054,000 | 0.08% |
| Price T Rowe Group Inc |
2.56%
2,509
|
$305,897,000 | 0.08% |
| Norfolk Southn Corp |
No change
1,200
|
$305,844,000 | 0.08% |
| Keysight Technologies Inc |
5.61%
1,681
|
$278,513,000 | 0.08% |
| Equinix Inc |
No change
324
|
$267,407,000 | 0.07% |
| Lam Research Corp. |
36.36%
175
|
$267,182,000 | 0.07% |
| Exxon Mobil Corp. |
Opened
2,115
|
$257,472,000 | 0.07% |
| Aptiv PLC |
Closed
2,830
|
$253,908,000 | |
| United Parcel Service, Inc. |
89.78%
1,555
|
$253,414,000 | 0.07% |
| Comcast Corp New |
Closed
5,748
|
$252,050,000 | |
| Autozone Inc. |
No change
78
|
$245,829,000 | 0.07% |
| Disney Walt Co |
Closed
2,650
|
$239,268,000 | |
| Resmed Inc. |
2.04%
1,200
|
$237,636,000 | 0.06% |
| Skyworks Solutions, Inc. |
Closed
2,035
|
$228,775,000 | |
| Hershey Company |
16.07%
1,175
|
$228,537,000 | 0.06% |
| Pnc Finl Svcs Group Inc |
No change
1,400
|
$226,240,000 | 0.06% |
| Verizon Communications Inc |
44.81%
4,650
|
$216,094,000 | 0.06% |
| Moodys Corp |
No change
540
|
$212,236,000 | 0.06% |
| Oracle Corp. |
Opened
1,330
|
$207,885,000 | 0.06% |
| Boston Scientific Corp. |
Opened
3,000
|
$205,470,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 114 holdings | |||
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