Grant/grossmendelsohn 13F annual report
Grant/grossmendelsohn is an investment fund managing more than $219 billion ran by Michael Little. There are currently 101 companies in Mr. Little’s portfolio. The largest investments include Ishares Tr and Northern Lts Fd Tr Ii, together worth $60.3 billion.
$219 billion Assets Under Management (AUM)
As of 15th July 2024, Grant/grossmendelsohn’s top holding is 598,949 shares of Ishares Tr currently worth over $40.5 billion and making up 18.5% of the portfolio value.
In addition, the fund holds 719,703 shares of Northern Lts Fd Tr Ii worth $19.8 billion.
The third-largest holding is Spdr Gold Tr worth $10.1 billion and the next is Janus Detroit Str Tr worth $7.49 billion, with 147,260 shares owned.
Currently, Grant/grossmendelsohn's portfolio is worth at least $219 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/grossmendelsohn
The Grant/grossmendelsohn office and employees reside in Baltimore, Maryland. According to the last 13-F report filed with the SEC, Michael Little serves as the Chief Compliance Officer at Grant/grossmendelsohn.
Recent trades
In the most recent 13F filing, Grant/grossmendelsohn revealed that it had opened a new position in
Fidelity Covington Trust and bought 22,329 shares worth $3.83 billion.
This means they effectively own approximately 0.1% of the company.
Fidelity Covington Trust makes up
51.1%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
447 additional shares.
This makes their stake in Ishares Tr total 598,949 shares worth $40.5 billion.
On the other hand, there are companies that Grant/grossmendelsohn is getting rid of from its portfolio.
Grant/grossmendelsohn closed its position in Ishares Tr on 22nd July 2024.
It sold the previously owned 81,903 shares for $6.42 billion.
Michael Little also disclosed a decreased stake in Spdr Gold Tr by approximately 0.1%.
This leaves the value of the investment at $10.1 billion and 46,922 shares.
One of the smallest hedge funds
The two most similar investment funds to Grant/grossmendelsohn are Wealth Advisors, Inc and Gray Wealth Management. They manage $219 billion and $219 billion respectively.
Michael Little investment strategy
Grant/grossmendelsohn’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 7.0% of
the total portfolio value.
The fund focuses on investments in the United States as
48.5% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only 4.0% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Grant/grossmendelsohn trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Ishares Tr |
0.07%
598,949
|
$40,532,240,000 | 18.54% |
| Northern Lts Fd Tr Ii |
1.03%
719,703
|
$19,813,847,000 | 9.06% |
| Spdr Gold Tr |
5.65%
46,922
|
$10,088,699,000 | 4.61% |
| Janus Detroit Str Tr |
5.13%
147,260
|
$7,492,589,000 | 3.43% |
| T Rowe Price Etf Inc |
22.04%
226,831
|
$7,124,760,000 | 3.26% |
| J P Morgan Exchange Traded F |
8.92%
160,984
|
$9,072,988,000 | 4.15% |
| Microsoft Corporation |
6.24%
13,634
|
$6,093,603,000 | 2.79% |
| Oracle Corp. |
0.75%
37,543
|
$5,301,129,000 | 2.42% |
| Pacer Fds Tr |
7.25%
120,512
|
$6,030,054,000 | 2.76% |
| Apple Inc |
44.50%
20,134
|
$4,240,661,000 | 1.94% |
| Schwab Strategic Tr |
0.03%
139,509
|
$10,941,559,000 | 5.00% |
| Berkshire Hathaway Inc. |
21.69%
9,529
|
$3,876,397,000 | 1.77% |
| Ishares Tr |
Closed
81,903
|
$6,420,796,000 | |
| Fidelity Covington Trust |
Opened
22,329
|
$3,829,870,000 | 1.75% |
| Fidelity Covington Trust |
1,624.90%
53,472
|
$3,668,179,000 | 1.68% |
| Vanguard World Fd |
Closed
15,074
|
$3,653,996,000 | |
| Select Sector Spdr Tr |
Opened
92,031
|
$3,534,911,000 | 1.62% |
| Pgim Etf Tr |
0.01%
64,334
|
$3,197,394,000 | 1.46% |
| First Tr Exchange-traded Fd |
Opened
20,566
|
$3,166,958,000 | 1.45% |
| Vanguard Index Fds |
14.90%
17,494
|
$5,837,286,000 | 2.67% |
| Vanguard Scottsdale Fds |
6.91%
50,782
|
$2,929,115,000 | 1.34% |
| Wisdomtree Tr |
11.77%
52,329
|
$2,632,681,000 | 1.20% |
| First Tr Exchange-traded Fd |
27.96%
91,382
|
$4,334,709,000 | 1.98% |
| First Tr Exch Traded Fd Iii |
26.85%
36,353
|
$2,275,334,000 | 1.04% |
| NVIDIA Corp |
908.51%
17,780
|
$2,196,541,000 | 1.00% |
| Exxon Mobil Corp. |
0.28%
17,426
|
$2,006,114,000 | 0.92% |
| Barrett Business Svcs Inc |
300.00%
60,040
|
$1,967,511,000 | 0.90% |
| Procter And Gamble Co |
0.12%
11,797
|
$1,945,486,000 | 0.89% |
| Invesco Exchange Traded Fd T |
3.73%
11,665
|
$1,916,295,000 | 0.88% |
| JPMorgan Chase & Co. |
0.41%
9,119
|
$1,844,421,000 | 0.84% |
| Abbvie Inc |
0.09%
9,347
|
$1,603,206,000 | 0.73% |
| Tarsus Pharmaceuticals, Inc. |
0.02%
53,600
|
$1,456,848,000 | 0.67% |
| Costco Whsl Corp New |
6.81%
1,642
|
$1,395,715,000 | 0.64% |
| Spdr S&p 500 Etf Tr |
0.04%
2,546
|
$1,385,825,000 | 0.63% |
| Mcdonalds Corp |
1.37%
5,382
|
$1,371,549,000 | 0.63% |
| Bank America Corp |
6.41%
29,164
|
$1,159,850,000 | 0.53% |
| First Tr Exchng Traded Fd Vi |
No change
40,021
|
$1,475,320,000 | 0.67% |
| Johnson & Johnson |
0.07%
6,868
|
$1,003,777,000 | 0.46% |
| Abbott Labs |
0.19%
9,631
|
$1,000,802,000 | 0.46% |
| Select Sector Spdr Tr |
68.52%
24,700
|
$2,935,197,000 | 1.34% |
| Merck & Co Inc |
No change
7,247
|
$897,133,000 | 0.41% |
| Harrow Inc |
0.24%
41,602
|
$869,066,000 | 0.40% |
| International Business Machs |
0.41%
4,872
|
$842,611,000 | 0.39% |
| Walmart Inc |
0.09%
11,502
|
$778,793,000 | 0.36% |
| Edwards Lifesciences Corp |
1.24%
7,958
|
$735,080,000 | 0.34% |
| Alphabet Inc |
2.61%
3,855
|
$702,201,000 | 0.32% |
| Vanguard Index Fds |
Opened
2,562
|
$685,245,000 | 0.31% |
| Coca-Cola Co |
0.14%
10,650
|
$683,075,000 | 0.31% |
| Vanguard World Fd |
0.24%
2,468
|
$1,019,537,000 | 0.47% |
| Amazon.com Inc. |
7.86%
3,363
|
$649,900,000 | 0.30% |
| Broadcom Inc. |
6.06%
403
|
$646,603,000 | 0.30% |
| Visa Inc |
28.03%
2,390
|
$627,303,000 | 0.29% |
| NextEra Energy Inc |
0.43%
8,237
|
$583,274,000 | 0.27% |
| Sinclair Inc |
14.48%
42,763
|
$570,033,000 | 0.26% |
| Pfizer Inc. |
0.30%
20,323
|
$568,629,000 | 0.26% |
| Colgate-Palmolive Co. |
0.44%
5,677
|
$550,878,000 | 0.25% |
| First Tr Value Line Divid In |
10.09%
13,361
|
$545,932,000 | 0.25% |
| Automatic Data Processing In |
No change
2,144
|
$514,753,000 | 0.24% |
| Cisco Sys Inc |
2.48%
10,251
|
$487,021,000 | 0.22% |
| CVS Health Corp |
No change
7,744
|
$457,361,000 | 0.21% |
| Qualcomm, Inc. |
0.50%
2,199
|
$437,983,000 | 0.20% |
| Rxsight Inc |
Opened
7,258
|
$436,714,000 | 0.20% |
| Home Depot, Inc. |
Closed
1,125
|
$406,598,000 | |
| Becton Dickinson & Co. |
6.12%
1,734
|
$405,349,000 | 0.19% |
| Disney Walt Co |
15.88%
4,079
|
$405,042,000 | 0.19% |
| Constellation Energy Corp |
No change
1,926
|
$385,720,000 | 0.18% |
| Staar Surgical Co. |
0.15%
7,953
|
$378,642,000 | 0.17% |
| Ishares Tr |
Opened
10,942
|
$608,771,000 | 0.28% |
| American Centy Etf Tr |
0.82%
3,998
|
$358,701,000 | 0.16% |
| Duke Energy Corp. |
0.80%
3,547
|
$355,562,000 | 0.16% |
| Thermo Fisher Scientific Inc. |
No change
622
|
$343,966,000 | 0.16% |
| Novartis AG |
20.25%
3,210
|
$341,737,000 | 0.16% |
| Ishares Silver Tr |
4.19%
12,680
|
$336,908,000 | 0.15% |
| Wisdomtree Tr |
Opened
7,361
|
$335,588,000 | 0.15% |
| Verizon Communications Inc |
0.14%
7,933
|
$327,165,000 | 0.15% |
| Fedex Corp |
0.28%
1,083
|
$324,727,000 | 0.15% |
| Tjx Cos Inc New |
0.21%
2,900
|
$319,290,000 | 0.15% |
| United Rentals, Inc. |
40.24%
490
|
$316,898,000 | 0.14% |
| Sysco Corp. |
0.02%
4,353
|
$310,785,000 | 0.14% |
| Caterpillar Inc. |
1.59%
926
|
$308,296,000 | 0.14% |
| 3M Co. |
0.60%
3,010
|
$307,561,000 | 0.14% |
| Spdr S&p Midcap 400 Etf Tr |
0.19%
541
|
$289,357,000 | 0.13% |
| F.N.B. Corp. |
6.63%
21,130
|
$289,058,000 | 0.13% |
| Dover Corp. |
41.51%
1,550
|
$279,698,000 | 0.13% |
| Lowes Cos Inc |
No change
1,229
|
$270,945,000 | 0.12% |
| Exelon Corp. |
No change
7,680
|
$265,805,000 | 0.12% |
| GE Aerospace |
0.12%
1,658
|
$263,630,000 | 0.12% |
| Pepsico Inc |
0.19%
1,597
|
$263,413,000 | 0.12% |
| AMGEN Inc. |
Opened
809
|
$252,852,000 | 0.12% |
| Astrazeneca plc |
2.21%
3,237
|
$252,449,000 | 0.12% |
| Lockheed Martin Corp. |
0.75%
535
|
$249,775,000 | 0.11% |
| Rivian Automotive, Inc. |
Opened
18,504
|
$248,324,000 | 0.11% |
| Ocular Therapeutix Inc |
Opened
36,039
|
$246,507,000 | 0.11% |
| American Elec Pwr Co Inc |
0.93%
2,723
|
$238,937,000 | 0.11% |
| Chevron Corp. |
0.07%
1,521
|
$237,939,000 | 0.11% |
| Nucor Corp. |
Closed
1,139
|
$227,663,000 | |
| Listed Fd Tr |
Opened
5,009
|
$225,956,000 | 0.10% |
| S&P Global Inc |
No change
490
|
$218,540,000 | 0.10% |
| Nike, Inc. |
0.14%
2,853
|
$216,091,000 | 0.10% |
| Boeing Co. |
No change
1,151
|
$209,501,000 | 0.10% |
| United Parcel Service, Inc. |
0.46%
1,520
|
$208,012,000 | 0.10% |
| Baxter International Inc. |
Closed
4,839
|
$207,262,000 | |
| Illinois Tool Wks Inc |
Closed
774
|
$203,250,000 | |
| Under Armour Inc |
29.40%
33,743
|
$223,168,000 | 0.10% |
| FVCBankcorp Inc |
No change
12,186
|
$133,071,000 | 0.06% |
| Fidelity Merrimack Str Tr |
0.77%
32,818
|
$80,678,000 | 0.04% |
| Medical Pptys Trust Inc |
Opened
10,236
|
$44,118,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||
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