Traction Partners 13F annual report
Traction Partners is an investment fund managing more than $122 billion ran by Robert Heykoop. There are currently 30 companies in Mr. Heykoop’s portfolio. The largest investments include Vanguard Index Fds and First Tr Exchange-traded Fd, together worth $49 billion.
$122 billion Assets Under Management (AUM)
As of 9th August 2024, Traction Partners’s top holding is 87,515 shares of Vanguard Index Fds currently worth over $31.2 billion and making up 25.5% of the portfolio value.
In addition, the fund holds 315,643 shares of First Tr Exchange-traded Fd worth $17.7 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $20.5 billion and the next is Spdr S&p 500 Etf Tr worth $11.3 billion, with 20,488 shares owned.
Currently, Traction Partners's portfolio is worth at least $122 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 Traction Partners
The Traction Partners office and employees reside in Littleton, Colorado. According to the last 13-F report filed with the SEC, Robert Heykoop serves as the CCO at Traction Partners.
Recent trades
In the most recent 13F filing, Traction Partners revealed that it had opened a new position in
Tesla Inc and bought 1,003 shares worth $215 million.
This means they effectively own approximately 0.1% of the company.
Tesla Inc makes up
14.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 5.1% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
4,106 additional shares.
This makes their stake in Vanguard Index Fds total 87,515 shares worth $31.2 billion.
On the other hand, there are companies that Traction Partners is getting rid of from its portfolio.
Traction Partners closed its position in Alphabet Inc on 16th August 2024.
It sold the previously owned 1,186 shares for $200 million.
Robert Heykoop also disclosed a decreased stake in Vanguard Tax-managed Fds by approximately 0.1%.
This leaves the value of the investment at $6.37 billion and 126,033 shares.
One of the smallest hedge funds
The two most similar investment funds to Traction Partners are Unionview and Yorktown Partners Xi, L.P.. They manage $122 billion and $122 billion respectively.
Robert Heykoop investment strategy
Traction Partners’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 1.3% of
the total portfolio value.
The fund focuses on investments in the United States as
26.7% 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
23% of the total holdings value.
On the other hand, small-cap stocks make up only 6.7% of the portfolio.
The average market cap of the portfolio companies is close to $715 billion.
The complete list of Traction Partners trades based on 13F SEC filings
These positions were updated on August 16th 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 |
|---|---|---|---|
| Vanguard Index Fds |
4.92%
87,515
|
$31,227,922,000 | 25.50% |
| First Tr Exchange-traded Fd |
1.83%
315,643
|
$17,742,916,000 | 14.49% |
| Invesco Exchange Traded Fd T |
11.25%
364,346
|
$20,494,987,000 | 16.74% |
| Spdr S&p 500 Etf Tr |
9.56%
20,488
|
$11,331,475,000 | 9.25% |
| Vanguard Tax-managed Fds |
3.26%
126,033
|
$6,367,199,000 | 5.20% |
| Vanguard Mun Bd Fds |
1.32%
112,829
|
$5,713,661,000 | 4.67% |
| First Tr Exch Traded Fd Iii |
10.01%
305,941
|
$6,277,560,000 | 5.13% |
| Invesco Exch Trd Slf Idx Fd |
4.22%
115,979
|
$4,361,976,000 | 3.56% |
| Pimco Etf Tr |
1.37%
36,793
|
$3,434,611,000 | 2.80% |
| Schwab Strategic Tr |
3.66%
50,387
|
$2,229,896,000 | 1.82% |
| Amplify Etf Tr |
2.15%
29,731
|
$1,023,936,000 | 0.84% |
| NVIDIA Corp |
1,095.99%
7,451
|
$915,430,000 | 0.75% |
| Apple Inc |
3.59%
3,494
|
$785,201,000 | 0.64% |
| First Tr Value Line Divid In |
5.16%
17,561
|
$762,147,000 | 0.62% |
| Spdr Ser Tr |
10.64%
39,041
|
$1,611,953,000 | 1.32% |
| Spdr Dow Jones Indl Average |
6.99%
1,516
|
$615,393,000 | 0.50% |
| Vanguard Bd Index Fds |
5.75%
7,413
|
$572,284,000 | 0.47% |
| Dimensional Etf Trust |
2.02%
9,450
|
$565,583,000 | 0.46% |
| Select Sector Spdr Tr |
2.08%
10,621
|
$1,680,134,000 | 1.37% |
| Microsoft Corporation |
No change
1,084
|
$456,397,000 | 0.37% |
| Amazon.com Inc. |
3.01%
2,485
|
$441,311,000 | 0.36% |
| Vanguard Scottsdale Fds |
38.13%
4,101
|
$383,361,000 | 0.31% |
| JPMorgan Chase & Co. |
0.28%
1,802
|
$381,185,000 | 0.31% |
| Ishares Tr |
15.46%
20,271
|
$1,507,639,000 | 1.23% |
| Spdr Index Shs Fds |
4.61%
13,476
|
$498,193,000 | 0.41% |
| Alphabet Inc |
No change
1,431
|
$233,496,000 | 0.19% |
| Tesla Inc |
Opened
1,003
|
$214,782,000 | 0.18% |
| Invesco Exchange Traded Fd T |
Opened
5,365
|
$209,718,000 | 0.17% |
| Walmart Inc |
Opened
2,839
|
$207,770,000 | 0.17% |
| VanEck ETF Trust |
14.47%
2,223
|
$204,516,000 | 0.17% |
| Alphabet Inc |
Closed
1,186
|
$200,019,000 | |
| No transactions found | |||
| Showing first 500 out of 31 holdings | |||
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