Twin City Private Wealth 13F annual report
Twin City Private Wealth is an investment fund managing more than $106 billion ran by Eric Mattinson. There are currently 83 companies in Mr. Mattinson’s portfolio. The largest investments include JPMorgan Chase & Co and Comcast Corp New, together worth $6.79 billion.
$106 billion Assets Under Management (AUM)
As of 7th August 2024, Twin City Private Wealth’s top holding is 18,959 shares of JPMorgan Chase & Co currently worth over $3.83 billion and making up 3.6% of the portfolio value.
Relative to the number of outstanding shares of JPMorgan Chase & Co, Twin City Private Wealth owns less than approximately 0.1% of the company.
In addition, the fund holds 75,440 shares of Comcast Corp New worth $2.95 billion.
The third-largest holding is Wells Fargo Co New worth $2.88 billion and the next is Microsoft worth $2.79 billion, with 6,248 shares owned.
Currently, Twin City Private Wealth's portfolio is worth at least $106 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 Twin City Private Wealth
The Twin City Private Wealth office and employees reside in Winston-salem, North Carolina. According to the last 13-F report filed with the SEC, Eric Mattinson serves as the CCO at Twin City Private Wealth.
Recent trades
In the most recent 13F filing, Twin City Private Wealth revealed that it had opened a new position in
Huntington Ingalls Inds Inc and bought 5,080 shares worth $1.25 billion.
The investment fund also strengthened its position in JPMorgan Chase & Co by buying
57 additional shares.
This makes their stake in JPMorgan Chase & Co total 18,959 shares worth $3.83 billion.
JPMorgan Chase & Co soared 2.7% in the past year.
On the other hand, there are companies that Twin City Private Wealth is getting rid of from its portfolio.
Twin City Private Wealth closed its position in Procter And Gamble Co on 14th August 2024.
It sold the previously owned 6,245 shares for $1.01 billion.
Eric Mattinson also disclosed a decreased stake in Philip Morris International Inc by approximately 0.1%.
This leaves the value of the investment at $2.52 billion and 24,524 shares.
One of the smallest hedge funds
The two most similar investment funds to Twin City Private Wealth are Kore Advisors L.P. and Chico Wealth Ria. They manage $106 billion and $106 billion respectively.
Eric Mattinson investment strategy
Twin City Private Wealth’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 13.2% of
the total portfolio value.
The fund focuses on investments in the United States as
54.2% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $231 billion.
The complete list of Twin City Private Wealth 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 |
|---|---|---|---|
| JPMorgan Chase & Co. |
0.30%
18,959
|
$3,834,707,000 | 3.62% |
| Comcast Corp New |
7.82%
75,440
|
$2,954,233,000 | 2.79% |
| Wells Fargo Co New |
1.91%
48,568
|
$2,884,483,000 | 2.72% |
| Microsoft Corporation |
6.89%
6,248
|
$2,792,673,000 | 2.64% |
| Meta Platforms Inc |
3.21%
5,470
|
$2,758,330,000 | 2.61% |
| Exxon Mobil Corp. |
5.43%
22,291
|
$2,566,120,000 | 2.42% |
| Philip Morris International Inc |
2.43%
24,524
|
$2,516,370,000 | 2.38% |
| Berkshire Hathaway Inc. |
16.31%
5,918
|
$2,407,443,000 | 2.27% |
| Booking Holdings Inc |
9.27%
601
|
$2,379,226,000 | 2.25% |
| Schwab Charles Corp |
14.38%
30,615
|
$2,256,043,000 | 2.13% |
| Lamar Advertising Co |
2.51%
18,487
|
$2,209,765,000 | 2.09% |
| Amazon.com Inc. |
3.55%
11,405
|
$2,204,017,000 | 2.08% |
| Medtronic Plc |
2.49%
27,452
|
$2,179,854,000 | 2.06% |
| Enbridge Inc |
2.72%
60,503
|
$2,153,302,000 | 2.03% |
| Alphabet Inc |
8.99%
16,398
|
$2,993,504,000 | 2.83% |
| Air Prods & Chems Inc |
8.26%
7,659
|
$1,976,369,000 | 1.87% |
| Starbucks Corp. |
5.48%
25,002
|
$1,946,408,000 | 1.84% |
| Edison Intl |
2.70%
26,920
|
$1,933,130,000 | 1.83% |
| Blackrock Inc. |
2.33%
2,387
|
$1,879,208,000 | 1.77% |
| Elevance Health Inc |
8.78%
3,369
|
$1,825,396,000 | 1.72% |
| Visa Inc |
9.85%
6,723
|
$1,764,467,000 | 1.67% |
| Omnicom Group, Inc. |
2.65%
19,138
|
$1,729,812,000 | 1.63% |
| Taiwan Semiconductor Mfg Ltd |
0.04%
9,737
|
$1,697,661,000 | 1.60% |
| Genuine Parts Co. |
4.78%
12,022
|
$1,674,415,000 | 1.58% |
| Entergy Corp. |
15.12%
15,409
|
$1,648,763,000 | 1.56% |
| Duke Energy Corp. |
3.47%
16,335
|
$1,637,223,000 | 1.55% |
| GSK Plc |
2.26%
41,192
|
$1,601,326,000 | 1.51% |
| Carmax Inc |
42.48%
21,648
|
$1,587,665,000 | 1.50% |
| American Tower Corp. |
63.76%
7,862
|
$1,540,842,000 | 1.46% |
| Truist Finl Corp |
6.54%
39,470
|
$1,533,400,000 | 1.45% |
| Coca-Cola Co |
2.44%
23,356
|
$1,497,860,000 | 1.41% |
| IQVIA Holdings Inc |
9.14%
7,018
|
$1,483,886,000 | 1.40% |
| AMGEN Inc. |
3.98%
4,699
|
$1,468,282,000 | 1.39% |
| Oracle Corp. |
3.19%
10,366
|
$1,463,726,000 | 1.38% |
| Williams Cos Inc |
6.43%
34,189
|
$1,453,014,000 | 1.37% |
| United Parcel Service, Inc. |
4.06%
10,525
|
$1,440,306,000 | 1.36% |
| Pfizer Inc. |
2.97%
45,997
|
$1,286,984,000 | 1.22% |
| Huntington Ingalls Inds Inc |
Opened
5,080
|
$1,251,357,000 | 1.18% |
| Mastercard Incorporated |
7.94%
2,829
|
$1,248,181,000 | 1.18% |
| Verizon Communications Inc |
3.97%
25,806
|
$1,064,239,000 | 1.01% |
| Procter And Gamble Co |
Closed
6,245
|
$1,013,249,000 | |
| Texas Instrs Inc |
7.50%
5,142
|
$1,000,292,000 | 0.94% |
| Diageo plc |
48.70%
7,923
|
$998,932,000 | 0.94% |
| Lloyds Banking Group plc |
4.91%
355,863
|
$971,507,000 | 0.92% |
| Fidelity Natl Information Sv |
4.80%
12,582
|
$948,174,000 | 0.90% |
| Check Point Software Tech Lt |
6.49%
5,575
|
$919,875,000 | 0.87% |
| Vanguard Index Fds |
4.43%
9,048
|
$2,580,530,000 | 2.44% |
| Vanguard Tax-managed Fds |
1.07%
17,117
|
$845,908,000 | 0.80% |
| Disney Walt Co |
13.89%
8,353
|
$829,360,000 | 0.78% |
| Novartis AG |
11.00%
7,707
|
$820,488,000 | 0.77% |
| Adobe Inc |
23.49%
1,435
|
$797,200,000 | 0.75% |
| Conocophillips |
98.77%
6,935
|
$793,226,000 | 0.75% |
| Analog Devices Inc. |
1.11%
3,377
|
$770,839,000 | 0.73% |
| Cencora Inc. |
8.12%
3,381
|
$761,765,000 | 0.72% |
| WEC Energy Group Inc |
Opened
9,614
|
$754,315,000 | 0.71% |
| Lockheed Martin Corp. |
Closed
1,590
|
$723,284,000 | |
| General Dynamics Corp. |
12.22%
2,379
|
$690,305,000 | 0.65% |
| Qualcomm, Inc. |
30.93%
3,372
|
$671,635,000 | 0.63% |
| Autodesk Inc. |
1.86%
2,628
|
$650,299,000 | 0.61% |
| Unitedhealth Group Inc |
5.11%
1,234
|
$628,242,000 | 0.59% |
| Mckesson Corporation |
12.60%
1,037
|
$606,029,000 | 0.57% |
| Salesforce Inc |
67.26%
2,350
|
$604,126,000 | 0.57% |
| EBay Inc. |
13.29%
11,168
|
$599,935,000 | 0.57% |
| Unilever plc |
3.29%
10,818
|
$594,875,000 | 0.56% |
| Sanofi |
14.88%
12,227
|
$593,255,000 | 0.56% |
| Becton Dickinson & Co. |
13.34%
2,506
|
$585,578,000 | 0.55% |
| Bank New York Mellon Corp |
11.29%
8,526
|
$510,644,000 | 0.48% |
| Plains Gp Hldgs L P |
2.04%
27,000
|
$508,137,000 | 0.48% |
| Fiserv, Inc. |
9.29%
3,387
|
$504,799,000 | 0.48% |
| NVIDIA Corp |
1,108.90%
3,530
|
$436,097,000 | 0.41% |
| Bank America Corp |
3.34%
10,947
|
$435,363,000 | 0.41% |
| Altria Group Inc. |
1.33%
8,532
|
$396,890,000 | 0.37% |
| Ecolab, Inc. |
5.51%
1,570
|
$374,532,000 | 0.35% |
| CVS Health Corp |
10.62%
6,312
|
$372,775,000 | 0.35% |
| Veeva Sys Inc |
6.72%
1,986
|
$363,458,000 | 0.34% |
| Chevron Corp. |
Closed
2,199
|
$346,871,000 | |
| Pepsico Inc |
Opened
2,009
|
$331,345,000 | 0.31% |
| Ishares Tr |
Opened
12,281
|
$588,634,000 | 0.56% |
| Vanguard Intl Equity Index F |
3.26%
6,706
|
$293,453,000 | 0.28% |
| Vanguard Charlotte Fds |
3.27%
5,860
|
$285,214,000 | 0.27% |
| Ishares Tr |
8.79%
15,269
|
$472,756,000 | 0.45% |
| First Tr Exchange-traded Fd |
6.91%
3,299
|
$277,245,000 | 0.26% |
| Ishares Tr |
Closed
10,708
|
$608,088,000 | |
| Vanguard Bd Index Fds |
2.77%
7,091
|
$528,980,000 | 0.50% |
| Hanesbrands Inc |
Closed
44,941
|
$260,657,000 | |
| First Tr Morningstar Divid L |
7.93%
6,490
|
$246,173,000 | 0.23% |
| Apple Inc |
66.79%
970
|
$204,350,000 | 0.19% |
| Vanguard Index Fds |
Opened
15
|
$3,646,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
Hedge funds similar to Twin City Private Wealth
- Courant Investment Management
- Muirfield Wealth Advisors
- Hc Advisors
- Catalyst Wealth Management
- Lrt Capital Management
- Williams & Novak
- Kize Capital L.P.
- Kore Advisors L.P.
- Chico Wealth Ria
- Meadow Creek Wealth Advisors
- Oaktree Fund Advisors
- Meadowbrook Investment Advisors
- Stevard
- Enervest