Continental Advisors 13F annual report
Continental Advisors is an investment fund managing more than $129 billion ran by David Purcell. There are currently 34 companies in Mr. Purcell’s portfolio. The largest investments include Uber Technologies Inc and Viatris, together worth $17.4 billion.
$129 billion Assets Under Management (AUM)
As of 7th August 2024, Continental Advisors’s top holding is 121,148 shares of Uber Technologies Inc currently worth over $8.81 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of Uber Technologies Inc, Continental Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 810,889 shares of Viatris worth $8.62 billion, whose value fell 4.1% in the past six months.
The third-largest holding is Pfizer worth $7.92 billion and the next is Truist Finl Corp worth $7.72 billion, with 198,650 shares owned.
Currently, Continental Advisors's portfolio is worth at least $129 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 Continental Advisors
The Continental Advisors office and employees reside in Park City, Utah. According to the last 13-F report filed with the SEC, David Purcell serves as the Managing Member at Continental Advisors.
Recent trades
In the most recent 13F filing, Continental Advisors revealed that it had opened a new position in
DENTSPLY Sirona Inc and bought 31,000 shares worth $772 million.
This means they effectively own approximately 0.1% of the company.
DENTSPLY Sirona Inc makes up
3.2%
of the fund's Health Care sector allocation and has decreased its share price by 35.6% in the past year.
The investment fund also strengthened its position in Viatris by buying
254,700 additional shares.
This makes their stake in Viatris total 810,889 shares worth $8.62 billion.
Viatris soared 3.4% in the past year.
On the other hand, David Purcell disclosed a decreased stake in Pfizer by 0.2%.
This leaves the value of the investment at $7.92 billion and 283,192 shares.
One of the smallest hedge funds
The two most similar investment funds to Continental Advisors are Valley and Sanctuary Wealth Management, L.L.C. They manage $129 billion and $129 billion respectively.
David Purcell investment strategy
Continental Advisors’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 23.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
26% of the total holdings value.
On the other hand, small-cap stocks make up only 5.9% of the portfolio.
The average market cap of the portfolio companies is close to $41.1 billion.
The complete list of Continental Advisors 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 |
|---|---|---|---|
| Uber Technologies Inc |
No change
121,148
|
$8,805,037,000 | 6.81% |
| Viatris Inc. |
45.79%
810,889
|
$8,619,750,000 | 6.66% |
| Pfizer Inc. |
17.24%
283,192
|
$7,923,712,000 | 6.12% |
| Truist Finl Corp |
29.29%
198,650
|
$7,717,553,000 | 5.96% |
| Western Un Co |
12.61%
590,140
|
$7,211,511,000 | 5.57% |
| Teva Pharmaceutical Inds Ltd |
15.49%
403,766
|
$6,561,198,000 | 5.07% |
| Capital One Finl Corp |
No change
47,310
|
$6,550,070,000 | 5.06% |
| Federated Hermes Inc |
39.17%
184,967
|
$6,081,715,000 | 4.70% |
| Citigroup Inc |
No change
86,434
|
$5,485,102,000 | 4.24% |
| Wells Fargo Co New |
No change
90,906
|
$5,398,907,000 | 4.17% |
| Gilead Sciences, Inc. |
17.94%
75,367
|
$5,170,930,000 | 4.00% |
| Cannae Holdings Inc |
59.80%
238,594
|
$4,328,095,000 | 3.35% |
| Alps Etf Tr |
No change
86,223
|
$4,136,980,000 | 3.20% |
| Northern Tr Corp |
No change
42,801
|
$3,594,428,000 | 2.78% |
| Invesco Ltd |
14.82%
238,940
|
$3,574,542,000 | 2.76% |
| Select Sector Spdr Tr |
4.88%
39,000
|
$3,554,850,000 | 2.75% |
| Perrigo Co Plc |
18.38%
128,768
|
$3,306,762,000 | 2.56% |
| JPMorgan Chase & Co. |
No change
15,135
|
$3,061,205,000 | 2.37% |
| Regions Financial Corp. |
48.78%
152,500
|
$3,056,100,000 | 2.36% |
| Barrick Gold Corp. |
7.52%
178,617
|
$2,979,332,000 | 2.30% |
| Brookdale Sr Living Inc |
6.83%
402,244
|
$2,747,327,000 | 2.12% |
| Ishares Inc |
7.62%
181,976
|
$4,894,603,000 | 3.78% |
| Shell Plc |
9.87%
36,520
|
$2,636,014,000 | 2.04% |
| Spdr Ser Tr |
21.55%
28,200
|
$2,614,422,000 | 2.02% |
| Goldman Sachs Group, Inc. |
31.78%
4,293
|
$1,941,810,000 | 1.50% |
| Cardinal Health, Inc. |
No change
18,184
|
$1,787,851,000 | 1.38% |
| SouthState Corporation |
No change
18,512
|
$1,414,687,000 | 1.09% |
| Independent Bank Group Inc |
No change
17,785
|
$809,573,000 | 0.63% |
| DENTSPLY Sirona Inc |
Opened
31,000
|
$772,210,000 | 0.60% |
| Provident Finl Hldgs Inc |
No change
58,308
|
$728,850,000 | 0.56% |
| i3 Verticals Inc |
Opened
28,769
|
$635,220,000 | 0.49% |
| First Bancorp N C |
No change
14,531
|
$463,830,000 | 0.36% |
| VanEck ETF Trust |
No change
12,573
|
$426,602,000 | 0.33% |
| Riverview Bancorp, Inc. |
No change
99,209
|
$395,844,000 | 0.31% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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