Ridgepath Capital Management is an investment fund managing more than $88.9 billion ran by Samuel Pressley. There are currently 41 companies in Mr. Pressley’s portfolio. The largest investments include J P Morgan Exchange Traded F and Proshares Tr, together worth $41.9 billion.
As of 6th May 2024, Ridgepath Capital Management’s top holding is 445,126 shares of J P Morgan Exchange Traded F currently worth over $22.5 billion and making up 25.3% of the portfolio value.
In addition, the fund holds 268,875 shares of Proshares Tr worth $19.4 billion.
The third-largest holding is Berkshire Hathaway worth $4.88 billion and the next is Paychex worth $4.35 billion, with 35,461 shares owned.
Currently, Ridgepath Capital Management's portfolio is worth at least $88.9 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.
The Ridgepath Capital Management office and employees reside in Knoxville, Tennessee. According to the last 13-F report filed with the SEC, Samuel Pressley serves as the Chief Compliance Officer at Ridgepath Capital Management.
In the most recent 13F filing, Ridgepath Capital Management revealed that it had opened a new position in
Ishares Tr and bought 56,687 shares worth $5.33 billion.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
386,261 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 445,126 shares worth $22.5 billion.
On the other hand, there are companies that Ridgepath Capital Management is getting rid of from its portfolio.
Ridgepath Capital Management closed its position in Proshares Tr on 13th May 2024.
It sold the previously owned 539,381 shares for $5.51 billion.
Samuel Pressley also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $2.57 billion and 4,890 shares.
The two most similar investment funds to Ridgepath Capital Management are Edbi Pte Ltd and Pitti Wealth Management. They manage $88.9 billion and $88.9 billion respectively.
Ridgepath Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Staples — making up 9.4% of
the total portfolio value.
The fund focuses on investments in the United States as
51.2% 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
46% of the total holdings value.
On the other hand, small-cap stocks make up only 7.3% of the portfolio.
The average market cap of the portfolio companies is close to $335 billion.
These positions were updated on May 13th 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 |
656.18%
445,126
|
$22,456,607,000 | 25.27% |
| Proshares Tr |
7.18%
268,875
|
$19,438,327,000 | 21.87% |
| Berkshire Hathaway Inc. |
1.75%
11,608
|
$4,881,396,000 | 5.49% |
| Paychex Inc. |
246.77%
35,461
|
$4,354,558,000 | 4.90% |
| Proshares Tr |
Closed
539,381
|
$5,506,508,000 | |
| Philip Morris International Inc |
257.91%
38,153
|
$3,495,593,000 | 3.93% |
| Ishares Tr |
Opened
56,687
|
$5,327,417,000 | 5.99% |
| Apple Inc |
220.96%
19,694
|
$3,377,003,000 | 3.80% |
| Ishares Tr |
Closed
55,363
|
$6,294,371,000 | |
| Vanguard Scottsdale Fds |
0.48%
37,120
|
$3,157,427,000 | 3.55% |
| Ishares Tr |
0.20%
4,890
|
$2,570,875,000 | 2.89% |
| Altria Group Inc. |
496.62%
56,416
|
$2,460,872,000 | 2.77% |
| Select Sector Spdr Tr |
Opened
44,197
|
$3,614,052,000 | 4.07% |
| Mondelez International Inc. |
515.07%
18,206
|
$1,274,395,000 | 1.43% |
| Vanguard World Fd |
211.07%
3,907
|
$1,119,786,000 | 1.26% |
| Fiserv, Inc. |
Opened
6,748
|
$1,078,465,000 | 1.21% |
| Microsoft Corporation |
149.30%
2,326
|
$978,405,000 | 1.10% |
| Walmart Inc |
Opened
14,106
|
$848,746,000 | 0.96% |
| Victory Portfolios II |
No change
13,485
|
$802,762,000 | 0.90% |
| Regions Financial Corp. |
3.60%
34,101
|
$717,482,000 | 0.81% |
| Proshares Tr |
Opened
21,255
|
$756,054,000 | 0.85% |
| Fb Finl Corp |
No change
15,298
|
$576,123,000 | 0.65% |
| Rayonier Advanced Matls Inc |
No change
108,719
|
$519,677,000 | 0.58% |
| Amazon.com Inc. |
Opened
2,308
|
$416,317,000 | 0.47% |
| Simplify Exchange Traded Fun |
Opened
13,270
|
$412,564,000 | 0.46% |
| NVIDIA Corp |
Opened
401
|
$362,328,000 | 0.41% |
| JPMorgan Chase & Co. |
3.14%
1,541
|
$308,662,000 | 0.35% |
| Tractor Supply Co. |
Opened
1,134
|
$296,877,000 | 0.33% |
| Procter And Gamble Co |
Opened
1,790
|
$290,428,000 | 0.33% |
| Kraft Heinz Co |
Opened
7,613
|
$280,929,000 | 0.32% |
| Invesco Exchange Traded Fd T |
Opened
1,651
|
$279,630,000 | 0.31% |
| Chevron Corp. |
Opened
1,719
|
$271,120,000 | 0.31% |
| Alphabet Inc |
10.27%
1,748
|
$263,826,000 | 0.30% |
| United Cmnty Bks Blairsvle G |
Opened
9,797
|
$257,861,000 | 0.29% |
| First Horizon Corporation |
96.38%
16,180
|
$249,169,000 | 0.28% |
| VanEck ETF Trust |
Opened
1,039
|
$233,765,000 | 0.26% |
| General Electric Co |
Opened
1,311
|
$230,162,000 | 0.26% |
| Broadcom Inc. |
7.10%
170
|
$225,623,000 | 0.25% |
| British Amern Tob Plc |
Opened
6,937
|
$211,579,000 | 0.24% |
| Verizon Communications Inc |
Opened
4,924
|
$206,614,000 | 0.23% |
| Lam Research Corp. |
Opened
210
|
$204,030,000 | 0.23% |
| Clean Energy Fuels Corp |
Opened
21,817
|
$58,470,000 | 0.07% |
| Northern Dynasty Minerals Lt |
Opened
13,000
|
$4,134,000 | 0.00% |
| No transactions found | |||
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