Passumpsic Savings Bank 13F annual report
Passumpsic Savings Bank is an investment fund managing more than $139 billion ran by Daphne Bullock. There are currently 71 companies in Mrs. Bullock’s portfolio. The largest investments include Spdr Ser Tr and GE Aerospace, together worth $12.8 billion.
$139 billion Assets Under Management (AUM)
As of 6th August 2024, Passumpsic Savings Bank’s top holding is 329,384 shares of Spdr Ser Tr currently worth over $7.43 billion and making up 5.3% of the portfolio value.
In addition, the fund holds 33,803 shares of GE Aerospace worth $5.37 billion, whose value grew 17.7% in the past six months.
The third-largest holding is Deckers Outdoor worth $4.57 billion and the next is Amazon.com worth $4.32 billion, with 22,360 shares owned.
Currently, Passumpsic Savings Bank's portfolio is worth at least $139 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 Passumpsic Savings Bank
The Passumpsic Savings Bank office and employees reside in St. Johnsbury, Vermont. According to the last 13-F report filed with the SEC, Daphne Bullock serves as the Vice President, Trust Administrator at Passumpsic Savings Bank.
Recent trades
In the most recent 13F filing, Passumpsic Savings Bank revealed that it had opened a new position in
Aon plc and bought 12,949 shares worth $3.8 billion.
This means they effectively own approximately 0.1% of the company.
Aon plc makes up
24.0%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in GE Aerospace by buying
932 additional shares.
This makes their stake in GE Aerospace total 33,803 shares worth $5.37 billion.
GE Aerospace dropped approximately 0.1% in the past year.
On the other hand, there are companies that Passumpsic Savings Bank is getting rid of from its portfolio.
Passumpsic Savings Bank closed its position in Marathon Pete Corp on 13th August 2024.
It sold the previously owned 20,828 shares for $4.2 billion.
Daphne Bullock also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $7.43 billion and 329,384 shares.
One of the smallest hedge funds
The two most similar investment funds to Passumpsic Savings Bank are Founders Capital Management and Cmg Global. They manage $140 billion and $140 billion respectively.
Daphne Bullock investment strategy
Passumpsic Savings Bank’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 20.0% of
the total portfolio value.
The fund focuses on investments in the United States as
59.2% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $229 billion.
The complete list of Passumpsic Savings Bank trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Spdr Ser Tr |
1.15%
329,384
|
$7,427,609,000 | 5.33% |
| GE Aerospace |
2.84%
33,803
|
$5,373,663,000 | 3.85% |
| Deckers Outdoor Corp. |
18.31%
4,724
|
$4,572,596,000 | 3.28% |
| Amazon.com Inc. |
5.21%
22,360
|
$4,321,070,000 | 3.10% |
| NVIDIA Corp |
5,169.15%
34,671
|
$4,283,255,000 | 3.07% |
| Marathon Pete Corp |
Closed
20,828
|
$4,196,842,000 | |
| Ulta Beauty Inc |
Closed
7,831
|
$4,094,673,000 | |
| Copart, Inc. |
20.03%
75,429
|
$4,085,235,000 | 2.93% |
| Arista Networks Inc |
5.34%
10,952
|
$3,838,457,000 | 2.75% |
| Aon plc. |
Opened
12,949
|
$3,801,567,000 | 2.73% |
| Vanguard Scottsdale Fds |
36.51%
87,643
|
$6,838,011,000 | 4.90% |
| Intuitive Surgical Inc |
1.45%
8,204
|
$3,649,549,000 | 2.62% |
| Coca-cola Femsa Sab De Cv |
Closed
34,316
|
$3,335,515,000 | |
| Ishares Tr |
15.34%
26,457
|
$4,506,560,000 | 3.23% |
| Allstate Corp (The) |
Opened
20,447
|
$3,264,568,000 | 2.34% |
| Paccar Inc. |
22.08%
31,688
|
$3,261,963,000 | 2.34% |
| Crocs Inc |
Opened
22,300
|
$3,254,462,000 | 2.33% |
| Axon Enterprise Inc |
17.74%
10,368
|
$3,050,680,000 | 2.19% |
| Novo-nordisk A S |
16.82%
21,254
|
$3,033,796,000 | 2.18% |
| Chipotle Mexican Grill |
3,490.03%
46,096
|
$2,887,914,000 | 2.07% |
| Hubbell Inc. |
0.35%
7,788
|
$2,846,358,000 | 2.04% |
| Cardinal Health, Inc. |
1.38%
28,626
|
$2,814,508,000 | 2.02% |
| Meta Platforms Inc |
22.36%
5,564
|
$2,805,480,000 | 2.01% |
| Mckesson Corporation |
3.27%
4,742
|
$2,769,518,000 | 1.99% |
| Booking Holdings Inc |
4.13%
681
|
$2,697,782,000 | 1.93% |
| Broadcom Inc |
4.06%
1,589
|
$2,551,187,000 | 1.83% |
| Emerson Elec Co |
Opened
22,991
|
$2,532,689,000 | 1.82% |
| Parker-Hannifin Corp. |
3.50%
4,956
|
$2,506,794,000 | 1.80% |
| Berkshire Hathaway Inc. |
23.57%
5,954
|
$2,422,087,000 | 1.74% |
| Visa Inc |
21.15%
8,958
|
$2,351,206,000 | 1.69% |
| Eli Lilly & Co |
1.55%
2,562
|
$2,319,584,000 | 1.66% |
| Mastercard Incorporated |
15.31%
4,851
|
$2,140,067,000 | 1.53% |
| Fiserv, Inc. |
28.90%
13,871
|
$2,067,334,000 | 1.48% |
| Grainger W W Inc |
1.85%
2,285
|
$2,061,618,000 | 1.48% |
| Costco Whsl Corp New |
3.22%
2,405
|
$2,044,226,000 | 1.47% |
| Ferrari N.V. |
0.41%
4,855
|
$1,982,636,000 | 1.42% |
| JPMorgan Chase & Co. |
25.43%
9,346
|
$1,890,322,000 | 1.36% |
| Salesforce Inc |
30.50%
7,245
|
$1,862,690,000 | 1.34% |
| Lennar Corp. |
9.22%
12,420
|
$1,861,385,000 | 1.33% |
| Vanguard Star Fds |
32.41%
28,376
|
$1,711,073,000 | 1.23% |
| Hartford Finl Svcs Group Inc |
31.11%
16,290
|
$1,637,797,000 | 1.17% |
| Cencora Inc. |
8.53%
6,160
|
$1,387,848,000 | 1.00% |
| Vanguard World Fd |
14.34%
9,930
|
$1,176,705,000 | 0.84% |
| KLA Corp. |
3.67%
1,187
|
$978,281,000 | 0.70% |
| Prudential Finl Inc |
47.60%
8,019
|
$939,747,000 | 0.67% |
| Carnival Corp. |
No change
49,650
|
$929,448,000 | 0.67% |
| Autodesk Inc. |
Closed
3,423
|
$891,418,000 | |
| American Express Co. |
Closed
3,734
|
$850,194,000 | |
| Lockheed Martin Corp. |
Closed
1,857
|
$844,694,000 | |
| Microsoft Corporation |
43.57%
1,676
|
$749,088,000 | 0.54% |
| Walmart Inc |
Closed
12,413
|
$746,890,000 | |
| Vanguard Specialized Funds |
9.40%
4,052
|
$739,693,000 | 0.53% |
| Analog Devices Inc. |
Closed
3,450
|
$682,376,000 | |
| Apple Inc |
46.90%
3,225
|
$679,144,000 | 0.49% |
| Invesco Exch Traded Fd Tr Ii |
No change
41,099
|
$951,960,000 | 0.68% |
| Alphabet Inc |
Closed
4,394
|
$669,031,000 | |
| Pfizer Inc. |
3.00%
23,682
|
$662,622,000 | 0.48% |
| Blackrock Inc. |
Closed
756
|
$630,277,000 | |
| Alphabet Inc |
50.94%
3,406
|
$620,403,000 | 0.44% |
| Bank America Corp |
Closed
16,090
|
$610,133,000 | |
| Vanguard Index Fds |
25.61%
7,603
|
$1,456,714,000 | 1.04% |
| Norwegian Cruise Line Hldg Ltd |
No change
30,787
|
$578,488,000 | 0.41% |
| Rio Tinto plc |
1.66%
8,758
|
$577,415,000 | 0.41% |
| Duke Energy Corp. |
Opened
5,735
|
$574,819,000 | 0.41% |
| Fidelity National Financial In |
2.91%
11,403
|
$563,536,000 | 0.40% |
| Tesla Inc |
No change
2,800
|
$554,064,000 | 0.40% |
| 3M Co. |
7.29%
5,295
|
$541,096,000 | 0.39% |
| Main Str Cap Corp |
Opened
10,646
|
$537,517,000 | 0.39% |
| Accenture Plc Ireland |
Closed
1,450
|
$502,411,000 | |
| Lyondellbasell Industries N V |
0.08%
4,944
|
$472,943,000 | 0.34% |
| Phillips 66 |
4.13%
3,149
|
$444,544,000 | 0.32% |
| Dover Corp. |
Closed
2,474
|
$438,368,000 | |
| Kraft Heinz Co |
4.29%
13,543
|
$436,355,000 | 0.31% |
| Franklin Resources, Inc. |
Closed
15,401
|
$432,922,000 | |
| Abbott Labs |
Closed
3,747
|
$425,884,000 | |
| AGCO Corp. |
Closed
3,445
|
$423,804,000 | |
| Bank Montreal Que |
5.29%
5,037
|
$422,352,000 | 0.30% |
| United Parcel Service, Inc. |
Closed
2,803
|
$416,610,000 | |
| Texas Instrs Inc |
Closed
2,351
|
$409,568,000 | |
| Toronto Dominion Bk Ont |
48.11%
7,336
|
$403,187,000 | 0.29% |
| Enbridge Inc |
6.23%
11,299
|
$402,131,000 | 0.29% |
| Adobe Inc |
Closed
777
|
$392,074,000 | |
| Dominion Energy Inc |
8.74%
7,440
|
$364,560,000 | 0.26% |
| Johnson Ctls Intl Plc |
Closed
5,517
|
$360,370,000 | |
| Suncor Energy, Inc. |
Closed
9,754
|
$360,020,000 | |
| Laboratory Corp Amer Hldgs |
Closed
1,623
|
$354,561,000 | |
| Keurig Dr Pepper Inc |
Closed
11,476
|
$351,969,000 | |
| International Business Machs |
12.76%
1,971
|
$340,884,000 | 0.24% |
| Genuine Parts Co. |
Closed
2,200
|
$340,846,000 | |
| Southern Copper Corporation |
7.12%
2,977
|
$320,787,000 | 0.23% |
| Schlumberger Ltd. |
Closed
5,520
|
$302,551,000 | |
| AT&T Inc. |
15.54%
15,476
|
$295,746,000 | 0.21% |
| Canadian Pacific Kansas City |
No change
3,749
|
$295,159,000 | 0.21% |
| Keysight Technologies Inc |
Closed
1,860
|
$290,867,000 | |
| Exxon Mobil Corp. |
2.12%
2,405
|
$276,864,000 | 0.20% |
| Epam Sys Inc |
Closed
875
|
$241,640,000 | |
| Bhp Group Ltd |
3.04%
4,199
|
$239,721,000 | 0.17% |
| Merck & Co Inc |
Opened
1,750
|
$216,650,000 | 0.16% |
| No transactions found | |||
| Showing first 500 out of 98 holdings | |||
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