Grant Street Asset Management 13F annual report

Grant Street Asset Management is an investment fund managing more than $319 billion ran by Michael Loch. There are currently 49 companies in Mr. Loch’s portfolio. The largest investments include J P Morgan Exchange Traded F and Ishares Tr, together worth $136 billion.

Limited to 30 biggest holdings

$319 billion Assets Under Management (AUM)

As of 7th August 2024, Grant Street Asset Management’s top holding is 1,432,676 shares of J P Morgan Exchange Traded F currently worth over $66.4 billion and making up 20.8% of the portfolio value. In addition, the fund holds 224,329 shares of Ishares Tr worth $69.9 billion. The third-largest holding is Harbor ETF Trust worth $34.7 billion and the next is Pacer Fds Tr worth $39 billion, with 782,717 shares owned.

Currently, Grant Street Asset Management's portfolio is worth at least $319 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 Grant Street Asset Management

The Grant Street Asset Management office and employees reside in Canonsburg, Pennsylvania. According to the last 13-F report filed with the SEC, Michael Loch serves as the Vice-President, CCO at Grant Street Asset Management.

Recent trades

In the most recent 13F filing, Grant Street Asset Management revealed that it had opened a new position in Vanguard Malvern Fds and bought 49,645 shares worth $3.78 billion.

The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying 36,808 additional shares. This makes their stake in J P Morgan Exchange Traded F total 1,432,676 shares worth $66.4 billion.

On the other hand, there are companies that Grant Street Asset Management is getting rid of from its portfolio. Grant Street Asset Management closed its position in Vanguard Mun Bd Fds on 14th August 2024. It sold the previously owned 6,529 shares for $330 million. Michael Loch also disclosed a decreased stake in Invesco Exchange Traded Fd T by approximately 0.1%. This leaves the value of the investment at $5.31 billion and 32,307 shares.

One of the smaller hedge funds

The two most similar investment funds to Grant Street Asset Management are Karpas Strategies and Xcel Wealth Management. They manage $319 billion and $319 billion respectively.

Michael Loch investment strategy

Grant Street Asset Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Miscellaneous — making up 10.9% of the total portfolio value. The fund focuses on investments in the United States as 38.8% 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 35% of the total holdings value. On the other hand, small-cap stocks make up only 4.1% of the portfolio. The average market cap of the portfolio companies is close to $421 billion.

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

These positions were updated on August 14th 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
J P Morgan Exchange Traded F	2.64% 1,432,676	$66,375,902,000	20.82%
Ishares Tr	0.54% 224,329	$69,881,909,000	21.92%
Harbor ETF Trust	2.18% 1,371,724	$34,690,904,000	10.88%
Pacer Fds Tr	0.94% 782,717	$38,990,731,000	12.23%
Vanguard Admiral Fds Inc	2.48% 143,438	$24,695,341,000	7.75%
First Tr Exchng Traded Fd Vi	0.14% 1,288,645	$30,212,016,000	9.48%
Schwab Strategic Tr	2.12% 184,606	$10,637,851,000	3.34%
Invesco Exchange Traded Fd T	2.15% 32,307	$5,307,457,000	1.66%
Vanguard Index Fds	2.11% 25,758	$5,781,895,000	1.81%
T Rowe Price Etf Inc	2.52% 106,090	$4,084,463,000	1.28%
Vanguard Malvern Fds	Opened 49,645	$3,778,970,000	1.19%
Apple Inc	0.92% 15,378	$3,238,997,000	1.02%
Microsoft Corporation	0.07% 5,490	$2,453,685,000	0.77%
Ishares Gold Tr	Opened 33,900	$1,489,227,000	0.47%
Berkshire Hathaway Inc.	No change 3,540	$1,440,072,000	0.45%
Vanguard World Fd	2.63% 5,307	$1,411,678,000	0.44%
JPMorgan Chase & Co.	No change 5,344	$1,080,920,000	0.34%
Amazon.com Inc.	5.99% 5,380	$1,039,682,000	0.33%
Vanguard Bd Index Fds	18.30% 19,266	$954,071,000	0.30%
Goldman Sachs Etf Tr	18.20% 23,032	$809,246,000	0.25%
Abbvie Inc	No change 3,531	$605,581,000	0.19%
Johnson & Johnson	No change 3,916	$572,387,000	0.18%
Spdr S&p 500 Etf Tr	No change 943	$512,990,000	0.16%
Disney Walt Co	14.62% 5,032	$499,582,000	0.16%
Ishares Tr	Opened 44,556	$990,721,000	0.31%
Alphabet Inc	0.37% 4,863	$888,888,000	0.28%
Visa Inc	0.69% 1,600	$419,955,000	0.13%
Caterpillar Inc.	No change 1,244	$414,377,000	0.13%
Procter And Gamble Co	No change 2,313	$381,380,000	0.12%
Applied Matls Inc	No change 1,540	$363,482,000	0.11%
NVIDIA Corp	Opened 2,911	$359,569,000	0.11%
Ishares Bitcoin Tr	Opened 10,500	$358,470,000	0.11%
Vanguard Mun Bd Fds	Closed 6,529	$330,378,000
Merck & Co Inc	No change 2,627	$325,268,000	0.10%
Mcdonalds Corp	No change 1,194	$304,279,000	0.10%
First Tr Exchng Traded Fd Vi	Opened 16,126	$525,553,000	0.16%
Adobe Inc	No change 538	$298,881,000	0.09%
RTX Corp	No change 2,642	$265,252,000	0.08%
Range Res Corp	No change 7,755	$260,026,000	0.08%
Waste Mgmt Inc Del	No change 1,169	$249,436,000	0.08%
Pepsico Inc	0.27% 1,510	$248,979,000	0.08%
Stryker Corp.	No change 730	$248,383,000	0.08%
Dimensional Etf Trust	1.97% 6,063	$217,919,000	0.07%
Abbott Labs	No change 2,081	$216,216,000	0.07%
Corteva Inc	No change 3,936	$212,308,000	0.07%
Select Sector Spdr Tr	Opened 1,429	$208,313,000	0.07%
American Tower Corp.	0.37% 1,068	$207,594,000	0.07%
Constellation Brands, Inc.	No change 793	$203,987,000	0.06%
Invesco Pa Value Mun Inc Tr	No change 10,000	$108,600,000	0.03%
Globalstar Inc.	No change 20,000	$22,400,000	0.01%
No transactions found
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