Corundum 13F annual report
Corundum is an investment fund managing more than $256 billion ran by Justin Leveille. There are currently 100 companies in Mr. Leveille’s portfolio. The largest investments include Ishares Russell 1000 Growth Et and Ishares Russell 1000 Value Etf, together worth $48.5 billion.
$256 billion Assets Under Management (AUM)
As of 10th July 2024, Corundum’s top holding is 72,150 shares of Ishares Russell 1000 Growth Et currently worth over $26.3 billion and making up 10.3% of the portfolio value.
In addition, the fund holds 127,365 shares of Ishares Russell 1000 Value Etf worth $22.2 billion.
The third-largest holding is Spdr S&p 500 Etf Trust worth $12.9 billion and the next is Ishares Msci Eafe Etf worth $11.5 billion, with 146,488 shares owned.
Currently, Corundum's portfolio is worth at least $256 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 Corundum
The Corundum office and employees reside in Colorado Springs, Colorado. According to the last 13-F report filed with the SEC, Justin Leveille serves as the Vice President of Operations at Corundum.
Recent trades
In the most recent 13F filing, Corundum revealed that it had opened a new position in
Solventum Corporation Common S and bought 23,599 shares worth $1.25 billion.
The investment fund also strengthened its position in Ishares Russell 1000 Value Etf by buying
5,596 additional shares.
This makes their stake in Ishares Russell 1000 Value Etf total 127,365 shares worth $22.2 billion.
On the other hand, there are companies that Corundum is getting rid of from its portfolio.
Corundum closed its position in Allstate Corp on 17th July 2024.
It sold the previously owned 1,225 shares for $212 million.
Justin Leveille also disclosed a decreased stake in Ishares Russell 1000 Growth Et by approximately 0.1%.
This leaves the value of the investment at $26.3 billion and 72,150 shares.
One of the smaller hedge funds
The two most similar investment funds to Corundum are Alm First Advisors and Allred Capital Management. They manage $256 billion and $256 billion respectively.
Justin Leveille investment strategy
Corundum’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 8.4% of
the total portfolio value.
The fund focuses on investments in the United States as
49.0% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $245 billion.
The complete list of Corundum trades based on 13F SEC filings
These positions were updated on July 17th 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 |
|---|---|---|---|
| Ishares Russell 1000 Growth Et |
8.62%
72,150
|
$26,299,396,000 | 10.27% |
| Ishares Russell 1000 Value Etf |
4.60%
127,365
|
$22,221,372,000 | 8.68% |
| Spdr S&p 500 Etf Trust |
82.21%
23,663
|
$12,877,878,000 | 5.03% |
| Ishares Msci Eafe Etf |
21.85%
146,488
|
$11,474,405,000 | 4.48% |
| 3M Co. |
5.72%
104,527
|
$10,681,614,000 | 4.17% |
| Microsoft Corporation |
8.20%
19,092
|
$8,533,169,000 | 3.33% |
| Ishares Russell 2000 Growth Et |
2.57%
30,488
|
$8,004,015,000 | 3.13% |
| Ishares Trust Ishares Msci Usa |
1.75%
69,360
|
$7,869,890,000 | 3.07% |
| Ishares Russell 2000 Value Etf |
1.22%
44,363
|
$6,756,485,000 | 2.64% |
| Ishares Russell Mid Cap Value |
2.78%
53,443
|
$6,452,708,000 | 2.52% |
| Ishares Russell Mid Cap Growth |
1.05%
57,535
|
$6,348,987,000 | 2.48% |
| Apple Inc |
13.12%
28,361
|
$5,973,394,000 | 2.33% |
| NVIDIA Corp |
1,958.79%
45,314
|
$5,598,092,000 | 2.19% |
| Ishares Russell 2000 Etf |
56.17%
24,289
|
$4,927,995,000 | 1.93% |
| Vanguard Russell 1000 Value Et |
55.37%
64,172
|
$4,913,650,000 | 1.92% |
| Ishares Russell 1000 Etf |
93.92%
15,599
|
$4,641,326,000 | 1.81% |
| Invesco Exchange Traded Fd Tr |
56.23%
60,817
|
$3,950,064,000 | 1.54% |
| Eli Lilly & Co |
161.58%
3,929
|
$3,557,238,000 | 1.39% |
| Spdr Gold Shares Etf |
59.78%
15,205
|
$3,269,227,000 | 1.28% |
| Exxon Mobil Corp. |
47.40%
24,813
|
$2,856,473,000 | 1.12% |
| JPMorgan Chase & Co. |
30.90%
13,494
|
$2,729,296,000 | 1.07% |
| First Trust Global Tactical Co |
55.43%
111,332
|
$2,661,948,000 | 1.04% |
| Amazon.com Inc. |
31.97%
13,336
|
$2,577,182,000 | 1.01% |
| Ishares S&p 500 Growth Etf |
2.40%
26,765
|
$2,476,833,000 | 0.97% |
| Nushares Etf Tr Small Cap Etf |
1.99%
61,864
|
$2,433,730,000 | 0.95% |
| Select Sector Spdr Trust The U |
57.58%
35,051
|
$2,388,375,000 | 0.93% |
| Vanguard S&p 500 Etf |
96.07%
4,735
|
$2,368,116,000 | 0.93% |
| Oracle Corp. |
68.43%
14,891
|
$2,102,609,000 | 0.82% |
| Merck & Co Inc |
61.92%
16,979
|
$2,102,000,000 | 0.82% |
| Alphabet Inc Class A Common St |
32.50%
10,881
|
$1,981,974,000 | 0.77% |
| Ishares Core S&p Mid Cap Etf |
No change
32,890
|
$1,924,723,000 | 0.75% |
| Home Depot, Inc. |
5.21%
5,516
|
$1,898,828,000 | 0.74% |
| Waste Management, Inc. |
58.32%
8,893
|
$1,897,233,000 | 0.74% |
| Caterpillar Inc. |
187.63%
5,649
|
$1,881,682,000 | 0.74% |
| Ecolab, Inc. |
47.15%
7,677
|
$1,827,126,000 | 0.71% |
| Visa Inc Cl A Common Stock |
49.18%
6,834
|
$1,793,720,000 | 0.70% |
| Procter & Gamble Co. |
46.03%
10,711
|
$1,766,458,000 | 0.69% |
| Intel Corp. |
40.40%
56,528
|
$1,750,672,000 | 0.68% |
| Fedex Corp |
44.48%
5,837
|
$1,750,166,000 | 0.68% |
| Costco Wholesale Corp |
41.89%
2,056
|
$1,747,579,000 | 0.68% |
| Alphabet Inc Class C Capital S |
14.40%
9,408
|
$1,725,615,000 | 0.67% |
| Honeywell International Inc |
52.81%
7,726
|
$1,649,810,000 | 0.64% |
| Johnson & Johnson Common Stock |
28.85%
11,067
|
$1,617,553,000 | 0.63% |
| Unitedhealth Group Inc |
38.80%
3,141
|
$1,599,586,000 | 0.62% |
| Abbvie Inc |
89.75%
9,233
|
$1,583,644,000 | 0.62% |
| Pfizer Inc. |
31.16%
53,561
|
$1,498,637,000 | 0.59% |
| Bank Of America Corp. |
46.75%
36,711
|
$1,459,996,000 | 0.57% |
| Mcdonalds Corp |
51.64%
5,538
|
$1,411,304,000 | 0.55% |
| Walmart Inc Common Stock |
103.54%
20,621
|
$1,396,248,000 | 0.55% |
| Us Bancorp Del Com |
33.60%
35,022
|
$1,390,373,000 | 0.54% |
| Target Corp |
23.18%
9,272
|
$1,372,627,000 | 0.54% |
| Chevron Corp. |
79.65%
8,724
|
$1,364,608,000 | 0.53% |
| Cisco Systems, Inc. |
44.10%
28,575
|
$1,357,598,000 | 0.53% |
| Abbott Laboratories |
41.28%
12,889
|
$1,339,296,000 | 0.52% |
| Berkshire Hathaway Inc. |
111.31%
3,250
|
$1,322,100,000 | 0.52% |
| Mastercard Incorporated |
85.85%
2,916
|
$1,286,423,000 | 0.50% |
| AMGEN Inc. |
111.25%
4,113
|
$1,285,107,000 | 0.50% |
| United Parcel Svc Inc Cl B |
26.54%
9,249
|
$1,265,726,000 | 0.49% |
| Solventum Corporation Common S |
Opened
23,599
|
$1,247,915,000 | 0.49% |
| Coca Cola Company (the) |
84.21%
18,940
|
$1,205,531,000 | 0.47% |
| Goldman Sachs Group, Inc. |
1.97%
2,589
|
$1,171,056,000 | 0.46% |
| Bristol-Myers Squibb Co. |
168.47%
28,195
|
$1,170,938,000 | 0.46% |
| Ishares S&p 500 Value Etf |
No change
6,163
|
$1,121,728,000 | 0.44% |
| Automatic Data Processing Inc. |
127.23%
4,222
|
$1,007,749,000 | 0.39% |
| Walt Disney Co (The) |
104.72%
9,548
|
$948,021,000 | 0.37% |
| Broadcom Inc Common Stock |
No change
530
|
$850,931,000 | 0.33% |
| Ishares Core S&p Small Cap Etf |
No change
7,962
|
$849,227,000 | 0.33% |
| Medtronic Plc Com |
87.48%
10,568
|
$831,807,000 | 0.32% |
| Xcel Energy Inc Common Stock |
151.35%
13,882
|
$741,438,000 | 0.29% |
| Legg Mason Etf Invt Tr Clearbr |
1.36%
10,198
|
$711,988,000 | 0.28% |
| Ishares S&p Mid Cap 400 Growth |
No change
7,000
|
$616,770,000 | 0.24% |
| Republic Services, Inc. |
No change
2,790
|
$542,209,000 | 0.21% |
| Tractor Supply Co. |
1.74%
1,692
|
$456,840,000 | 0.18% |
| Arista Networks Inc |
3.68%
1,153
|
$404,103,000 | 0.16% |
| Texas Instruments Inc. |
No change
2,000
|
$389,060,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
3.06%
697
|
$385,441,000 | 0.15% |
| Microchip Technology, Inc. |
No change
4,172
|
$381,738,000 | 0.15% |
| Fiserv Inc Common Stock |
No change
2,400
|
$357,696,000 | 0.14% |
| Micron Technology Inc. |
3.65%
2,717
|
$357,367,000 | 0.14% |
| Invesco Qqq Tr Unit Ser 1 |
No change
745
|
$356,937,000 | 0.14% |
| ServiceNow Inc |
0.23%
433
|
$340,628,000 | 0.13% |
| Ishares S&p Small Cap 600 Grow |
No change
2,600
|
$333,918,000 | 0.13% |
| Intuit Inc |
3.14%
492
|
$323,347,000 | 0.13% |
| Progressive Corp-ohio |
0.13%
1,501
|
$311,773,000 | 0.12% |
| S&P Global Inc |
No change
680
|
$303,280,000 | 0.12% |
| Vail Resorts Inc. |
No change
1,500
|
$270,195,000 | 0.11% |
| Monolithic Power Sys Inc |
0.32%
312
|
$256,364,000 | 0.10% |
| Union Pacific Corp. |
53.01%
1,079
|
$244,135,000 | 0.10% |
| Nuveen Esg International Devel |
1.27%
7,832
|
$243,810,000 | 0.10% |
| Uber Technologies Inc Common S |
4.06%
3,332
|
$242,170,000 | 0.09% |
| Intercontinental Exchange Inc |
0.06%
1,724
|
$235,998,000 | 0.09% |
| Veralto Corporation Common Sto |
3.18%
2,437
|
$232,660,000 | 0.09% |
| Danaher Corp. |
0.76%
924
|
$230,861,000 | 0.09% |
| General Dynamics Corp. |
Opened
746
|
$216,444,000 | 0.08% |
| Vanguard Index Funds Vanguard |
No change
890
|
$215,469,000 | 0.08% |
| Edwards Lifesciences Corp |
0.17%
2,324
|
$214,668,000 | 0.08% |
| Allstate Corp (The) |
Closed
1,225
|
$211,937,000 | |
| Adobe Inc Common Stock |
Opened
377
|
$209,439,000 | 0.08% |
| Vanguard Index Funds Vanguard |
Opened
547
|
$204,583,000 | 0.08% |
| Lloyds Banking Group Plc Spons |
0.31%
10,763
|
$29,383,000 | 0.01% |
| Futureone Inc |
No change
100,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 101 holdings | |||
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