Hanover Advisors Inc 13F annual report
Hanover Advisors Inc is an investment fund managing more than $225 billion ran by Stephen Molyneaux. There are currently 48 companies in Mr. Molyneaux’s portfolio. The largest investments include Vanguard Index Fds and Spdr Sp 500 Etf Tr, together worth $103 billion.
$225 billion Assets Under Management (AUM)
As of 7th August 2024, Hanover Advisors Inc’s top holding is 250,519 shares of Vanguard Index Fds currently worth over $66.2 billion and making up 29.4% of the portfolio value.
In addition, the fund holds 67,772 shares of Spdr Sp 500 Etf Tr worth $36.9 billion.
The third-largest holding is Spdr Ser Tr worth $29 billion and the next is Vanguard Specialized Funds worth $16.2 billion, with 88,918 shares owned.
Currently, Hanover Advisors Inc's portfolio is worth at least $225 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 Hanover Advisors Inc
The Hanover Advisors Inc office and employees reside in Seneca, South Carolina. According to the last 13-F report filed with the SEC, Stephen Molyneaux serves as the CFO & President at Hanover Advisors Inc.
Recent trades
In the most recent 13F filing, Hanover Advisors Inc revealed that it had opened a new position in
Ishares Tr and bought 3,836 shares worth $372 million.
The investment fund also strengthened its position in Microsoft by buying
56 additional shares.
This makes their stake in Microsoft total 4,639 shares worth $2.07 billion.
Microsoft soared 25.5% in the past year.
On the other hand, there are companies that Hanover Advisors Inc is getting rid of from its portfolio.
Hanover Advisors Inc closed its position in First Indl Rlty Tr Inc on 14th August 2024.
It sold the previously owned 5,954 shares for $313 million.
Stephen Molyneaux also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $66.2 billion and 250,519 shares.
One of the smallest hedge funds
The two most similar investment funds to Hanover Advisors Inc are Odonnell Services and Investment Research & Advisory. They manage $225 billion and $225 billion respectively.
Stephen Molyneaux investment strategy
Hanover Advisors Inc’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 0.9% of
the total portfolio value.
The fund focuses on investments in the United States as
14.6% 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
10% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $733 billion.
The complete list of Hanover Advisors Inc 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 |
|---|---|---|---|
| Vanguard Index Fds |
2.93%
250,519
|
$66,230,440,000 | 29.43% |
| Spdr Sp 500 Etf Tr |
8.13%
67,772
|
$36,882,742,000 | 16.39% |
| Spdr Ser Tr |
0.48%
315,635
|
$28,978,360,000 | 12.87% |
| Vanguard Specialized Funds |
14.19%
88,918
|
$16,231,966,000 | 7.21% |
| Ishares Tr |
13.03%
127,789
|
$19,831,596,000 | 8.81% |
| Vanguard Bd Index Fds |
7.30%
121,953
|
$8,905,136,000 | 3.96% |
| Spdr Sp Midcap 400 Etf Tr |
13.65%
10,960
|
$5,864,676,000 | 2.61% |
| Vanguard Whitehall Fds |
9.79%
34,170
|
$4,052,565,000 | 1.80% |
| Invesco Exch Trd Slf Idx Fd |
17.12%
345,816
|
$6,778,350,000 | 3.01% |
| Microsoft Corporation |
1.22%
4,639
|
$2,073,401,000 | 0.92% |
| Vanguard Mun Bd Fds |
22.67%
30,840
|
$1,545,392,000 | 0.69% |
| Vanguard Malvern Fds |
21.29%
31,689
|
$1,538,184,000 | 0.68% |
| Vanguard World Fd |
12.99%
14,523
|
$3,268,753,000 | 1.45% |
| Coca-Cola Co |
No change
20,438
|
$1,300,879,000 | 0.58% |
| Packaging Corp Amer |
3.62%
6,520
|
$1,190,291,000 | 0.53% |
| Ssga Active Tr |
2.93%
33,973
|
$960,077,000 | 0.43% |
| Marine Prods Corp |
No change
78,135
|
$789,164,000 | 0.35% |
| Select Sector Spdr Tr |
7.99%
8,688
|
$1,240,752,000 | 0.55% |
| Vici Pptys Inc |
8.76%
25,130
|
$719,723,000 | 0.32% |
| First Tr Exchange-traded Fd |
12.77%
10,536
|
$719,714,000 | 0.32% |
| Global Pmts Inc |
No change
6,906
|
$667,810,000 | 0.30% |
| Vanguard Admiral Fds Inc |
16.27%
14,091
|
$1,456,649,000 | 0.65% |
| Berkshire Hathaway Inc. |
No change
1
|
$612,241,000 | 0.27% |
| Dimensional Etf Trust |
13.90%
123,854
|
$4,271,667,000 | 1.90% |
| Ishares Inc |
16.89%
10,009
|
$592,533,000 | 0.26% |
| Vanguard Tax-managed Fds |
5.37%
11,412
|
$563,981,000 | 0.25% |
| Wisdomtree Tr |
2.46%
11,871
|
$555,190,000 | 0.25% |
| Schwab Strategic Tr |
1.46%
8,750
|
$550,113,000 | 0.24% |
| Bank America Corp |
0.49%
13,604
|
$541,031,000 | 0.24% |
| Oaktree Specialty Lending Co |
0.43%
28,248
|
$531,345,000 | 0.24% |
| Ark Etf Tr |
11.85%
11,473
|
$504,238,000 | 0.22% |
| Vanguard Scottsdale Fds |
3.77%
10,469
|
$823,985,000 | 0.37% |
| Spdr Index Shs Fds |
24.96%
7,605
|
$424,739,000 | 0.19% |
| Globus Med Inc |
No change
5,580
|
$382,174,000 | 0.17% |
| Ishares Tr |
Opened
3,836
|
$372,361,000 | 0.17% |
| Home Depot, Inc. |
No change
955
|
$328,749,000 | 0.15% |
| First Indl Rlty Tr Inc |
Closed
5,954
|
$312,823,000 | |
| Rxsight Inc |
16.67%
4,998
|
$300,730,000 | 0.13% |
| Pepsico Inc |
No change
1,762
|
$290,607,000 | 0.13% |
| Digital Rlty Tr Inc |
27.20%
1,801
|
$273,842,000 | 0.12% |
| Simon Ppty Group Inc New |
Closed
1,628
|
$254,766,000 | |
| Dimensional Etf Trust |
Closed
10,040
|
$251,602,000 | |
| Vanguard Charlotte Fds |
9.97%
5,056
|
$246,076,000 | 0.11% |
| Jpmorgan Chase Co. |
10.85%
1,208
|
$244,330,000 | 0.11% |
| Apple Inc |
Opened
1,146
|
$241,371,000 | 0.11% |
| LXP Industrial Trust |
Opened
25,933
|
$236,509,000 | 0.11% |
| Invesco Exchng Trad Slf Inde |
Closed
11,318
|
$229,190,000 | |
| Vanguard Intl Equity Index F |
3.99%
3,854
|
$225,969,000 | 0.10% |
| Park Hotels Resorts Inc |
5.31%
14,667
|
$219,712,000 | 0.10% |
| SouthState Corporation |
No change
2,780
|
$212,448,000 | 0.09% |
| Vanguard Whitehall Fds |
Closed
3,233
|
$206,427,000 | |
| Srh Total Return Fund Inc |
0.36%
13,976
|
$203,351,000 | 0.09% |
| Empire St Rlty Tr Inc |
Opened
10,649
|
$99,888,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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