Academy Capital Management Inc/tx 13F annual report
Academy Capital Management Inc/tx is an investment fund managing more than $554 billion ran by Derek Richards. There are currently 34 companies in Mr. Richards’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $140 billion.
$554 billion Assets Under Management (AUM)
As of 23rd July 2024, Academy Capital Management Inc/tx’s top holding is 345,767 shares of Apple Inc currently worth over $72.8 billion and making up 13.1% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Academy Capital Management Inc/tx owns more than approximately 0.1% of the company.
In addition, the fund holds 150,160 shares of Microsoft worth $67.1 billion, whose value grew 7.0% in the past six months.
The third-largest holding is Amazon.com worth $55.7 billion and the next is Mastercard worth $53.3 billion, with 120,882 shares owned.
Currently, Academy Capital Management Inc/tx's portfolio is worth at least $554 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 Academy Capital Management Inc/tx
The Academy Capital Management Inc/tx office and employees reside in Waco, Texas. According to the last 13-F report filed with the SEC, Derek Richards serves as the ops director at Academy Capital Management Inc/tx.
Recent trades
In the most recent 13F filing, Academy Capital Management Inc/tx revealed that it had opened a new position in
Etf Jpm Nasdaq and bought 5,254 shares worth $292 million.
The investment fund also strengthened its position in Meta Platforms Inc by buying
62 additional shares.
This makes their stake in Meta Platforms Inc total 100,019 shares worth $50.4 billion.
Meta Platforms Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Academy Capital Management Inc/tx is getting rid of from its portfolio.
Academy Capital Management Inc/tx closed its position in Etf Jpm Eq on 30th July 2024.
It sold the previously owned 4,411 shares for $255 million.
Derek Richards also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $72.8 billion and 345,767 shares.
One of the average hedge funds
The two most similar investment funds to Academy Capital Management Inc/tx are Kavar Capital Partners Group and Meridian Wealth Partners. They manage $554 billion and $554 billion respectively.
Derek Richards investment strategy
Academy Capital Management Inc/tx’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 34.9% of
the total portfolio value.
The fund focuses on investments in the United States as
35.3% 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
32% 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 $690 billion.
The complete list of Academy Capital Management Inc/tx trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Apple Inc |
0.22%
345,767
|
$72,825,372,000 | 13.14% |
| Microsoft Corporation |
0.18%
150,160
|
$67,114,073,000 | 12.11% |
| Amazon.com Inc. |
0.25%
288,330
|
$55,719,773,000 | 10.05% |
| Mastercard Incorporated |
0.23%
120,882
|
$53,328,256,000 | 9.62% |
| Meta Platforms Inc |
0.06%
100,019
|
$50,431,580,000 | 9.10% |
| Berkshire B |
0.17%
113,166
|
$46,035,928,000 | 8.31% |
| Alphabet Inc |
0.23%
234,687
|
$43,046,290,000 | 7.77% |
| Primerica Inc |
0.14%
140,503
|
$33,240,195,000 | 6.00% |
| Alphabet Inc |
0.29%
179,070
|
$32,617,601,000 | 5.89% |
| Nestle Adr |
19.28%
192,940
|
$19,766,703,000 | 3.57% |
| Idexx Labs Inc |
0.22%
34,305
|
$16,713,396,000 | 3.02% |
| Pepsico Inc |
0.14%
87,220
|
$14,385,126,000 | 2.60% |
| Taiwan Semi |
0.32%
61,269
|
$10,649,165,000 | 1.92% |
| Sp Global Inc |
0.25%
18,537
|
$8,267,563,000 | 1.49% |
| Lvmh Moet |
0.15%
50,134
|
$7,688,049,000 | 1.39% |
| Pool Corporation |
0.25%
16,935
|
$5,204,634,000 | 0.94% |
| Citigrp Inc |
No change
77,627
|
$4,926,209,000 | 0.89% |
| Alibaba Grp |
0.25%
38,093
|
$2,742,696,000 | 0.49% |
| Cme Grp Inc |
0.83%
12,007
|
$2,360,576,000 | 0.43% |
| Travelers Comp |
No change
7,552
|
$1,535,624,000 | 0.28% |
| Exxon Mobil Corp. |
9.15%
11,083
|
$1,275,875,000 | 0.23% |
| Stellar Bancorp |
No change
37,571
|
$862,630,000 | 0.16% |
| Nextera Engy |
1.26%
9,648
|
$683,175,000 | 0.12% |
| Cadence Bk |
No change
20,950
|
$592,466,000 | 0.11% |
| Etf Spdr Sp 500 |
No change
813
|
$442,543,000 | 0.08% |
| Netflix Inc. |
No change
580
|
$391,430,000 | 0.07% |
| Bausch Health |
No change
42,766
|
$298,079,000 | 0.05% |
| Etf Jpm Nasdaq |
Opened
5,254
|
$291,597,000 | 0.05% |
| Etf Jpm Eq |
Closed
4,411
|
$255,220,000 | |
| Unitedhealth |
No change
441
|
$224,584,000 | 0.04% |
| Visa Inc |
No change
829
|
$217,588,000 | 0.04% |
| Southwest Air |
Opened
6,521
|
$186,566,000 | 0.03% |
| Northstar Health |
No change
22,895
|
$60,442,000 | 0.01% |
| Fs Specialty |
Opened
14,114
|
$48,977,000 | 0.01% |
| Provectus Bio |
No change
20,000
|
$2,522,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 35 holdings | |||
Hedge funds similar to Academy Capital Management Inc/tx
- Adventist Health System West
- Advisory
- Brasada Capital Management, L.P.
- Nan Fung Trinity (hk) Ltd
- Concord Wealth Partners
- Sompo Asset Management Co
- Kavar Capital Partners Group
- Meridian Wealth Partners
- Perseverance Asset Management International
- Cynosure
- Knollwood Investment Advisory
- Eagle Rock Investment Company
- Buffington Mohr Mcneal
- Deer Management Co