Novare Capital Management 13F annual report
Novare Capital Management is an investment fund managing more than $1.11 trillion ran by Linda Walden. There are currently 145 companies in Mrs. Walden’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Microsoft, together worth $102 billion.
$1.11 trillion Assets Under Management (AUM)
As of 29th April 2024, Novare Capital Management’s top holding is 100,619 shares of Spdr Sp 500 Etf Tr currently worth over $52.6 billion and making up 4.8% of the portfolio value.
In addition, the fund holds 118,158 shares of Microsoft worth $49.7 billion, whose value grew 14.1% in the past six months.
The third-largest holding is Apple Inc worth $30.9 billion and the next is Ishares Tr worth $54.1 billion, with 356,086 shares owned.
Currently, Novare Capital Management's portfolio is worth at least $1.11 trillion. 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 Novare Capital Management
The Novare Capital Management office and employees reside in Charlotte, North Carolina. According to the last 13-F report filed with the SEC, Linda Walden serves as the Sr VP at Novare Capital Management.
Recent trades
In the most recent 13F filing, Novare Capital Management revealed that it had opened a new position in
Kenvue Inc and bought 419,338 shares worth $9 billion.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
8,805 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 100,619 shares worth $52.6 billion.
On the other hand, there are companies that Novare Capital Management is getting rid of from its portfolio.
Novare Capital Management closed its position in Vanguard World Fds on 6th May 2024.
It sold the previously owned 13,811 shares for $2.62 billion.
Linda Walden also disclosed a decreased stake in Broadcom by approximately 0.1%.
This leaves the value of the investment at $23.2 billion and 17,473 shares.
One of the largest hedge funds
The two most similar investment funds to Novare Capital Management are Sprott Inc and Yiheng Capital Management, L.P.. They manage $1.1 trillion and $1.11 trillion respectively.
Linda Walden investment strategy
Novare Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 15.0% of
the total portfolio value.
The fund focuses on investments in the United States as
49.7% 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
46% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $192 billion.
The complete list of Novare Capital Management trades based on 13F SEC filings
These positions were updated on May 6th 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 |
|---|---|---|---|
| Spdr Sp 500 Etf Tr |
9.59%
100,619
|
$52,631,016,000 | 4.76% |
| Microsoft Corporation |
7.67%
118,158
|
$49,711,615,000 | 4.50% |
| Apple Inc |
3.90%
179,969
|
$30,861,191,000 | 2.79% |
| Ishares Tr |
112.97%
356,086
|
$54,067,251,000 | 4.89% |
| Alphabet Inc |
18.75%
191,179
|
$28,860,153,000 | 2.61% |
| Walmart Inc |
214.70%
410,676
|
$24,710,292,000 | 2.23% |
| Amazon.com Inc. |
7.60%
131,052
|
$23,639,712,000 | 2.14% |
| Berkshire Hathaway Inc. |
2.64%
55,641
|
$23,398,533,000 | 2.12% |
| Broadcom Inc. |
5.82%
17,473
|
$23,158,428,000 | 2.09% |
| Unitedhealth Group Inc |
6.81%
45,850
|
$22,682,429,000 | 2.05% |
| Johnson Johnson |
4.76%
142,437
|
$22,532,199,000 | 2.04% |
| Merck Co Inc |
4.71%
170,119
|
$22,447,238,000 | 2.03% |
| Emerson Elec Co |
5.01%
196,321
|
$22,266,754,000 | 2.01% |
| Roper Technologies Inc |
8.52%
36,524
|
$20,484,198,000 | 1.85% |
| Accenture Plc Ireland |
99.99%
53,856
|
$18,667,329,000 | 1.69% |
| Verizon Communications Inc |
6.53%
442,622
|
$18,572,441,000 | 1.68% |
| Etf Opportunities Trust |
14.88%
550,476
|
$17,940,007,000 | 1.62% |
| Jpmorgan Chase Co |
0.09%
88,793
|
$17,785,333,000 | 1.61% |
| Comcast Corp New |
5.50%
404,243
|
$17,524,278,000 | 1.58% |
| Williams-Sonoma, Inc. |
8.07%
45,493
|
$14,445,393,000 | 1.31% |
| Stryker Corp. |
2.41%
38,609
|
$13,816,816,000 | 1.25% |
| Ametek Inc |
3.97%
75,109
|
$13,737,699,000 | 1.24% |
| Home Depot, Inc. |
3.99%
35,511
|
$13,621,956,000 | 1.23% |
| Thermo Fisher Scientific Inc. |
3.57%
23,328
|
$13,558,519,000 | 1.23% |
| Texas Instrs Inc |
8.33%
77,470
|
$13,496,063,000 | 1.22% |
| Ameriprise Finl Inc |
0.02%
29,465
|
$12,918,635,000 | 1.17% |
| Digital Rlty Tr Inc |
1.21%
86,025
|
$12,391,041,000 | 1.12% |
| Honeywell International Inc |
4.01%
59,156
|
$12,141,842,000 | 1.10% |
| Abbott Labs |
2.28%
106,131
|
$12,062,544,000 | 1.09% |
| NVIDIA Corp |
379.40%
13,289
|
$12,008,106,000 | 1.09% |
| Truist Finl Corp |
6.71%
307,308
|
$11,978,866,000 | 1.08% |
| Thor Inds Inc |
3.58%
101,928
|
$11,960,232,000 | 1.08% |
| Cummins Inc. |
3.19%
40,373
|
$11,895,905,000 | 1.08% |
| Bank America Corp |
4.58%
313,234
|
$12,635,800,000 | 1.14% |
| Lowes Cos Inc |
4.16%
46,411
|
$11,822,275,000 | 1.07% |
| Goldman Sachs Etf Tr |
17.22%
113,035
|
$11,731,948,000 | 1.06% |
| Alps Etf Tr |
No change
240,375
|
$11,408,198,000 | 1.03% |
| Tjx Cos Inc New |
3.34%
111,457
|
$11,303,900,000 | 1.02% |
| Bank New York Mellon Corp |
2.77%
194,503
|
$11,207,263,000 | 1.01% |
| Pepsico Inc |
8.22%
63,999
|
$11,200,823,000 | 1.01% |
| Microchip Technology, Inc. |
6.58%
124,061
|
$11,129,513,000 | 1.01% |
| RTX Corp |
4.46%
114,096
|
$11,127,856,000 | 1.01% |
| Adobe Inc |
11.29%
20,390
|
$10,288,557,000 | 0.93% |
| Salesforce Inc |
1.14%
34,086
|
$10,266,417,000 | 0.93% |
| Cisco Sys Inc |
7.08%
201,529
|
$10,058,310,000 | 0.91% |
| Select Sector Spdr Tr |
20.13%
516,564
|
$36,861,475,000 | 3.33% |
| Chevron Corp. |
11.19%
63,050
|
$9,945,487,000 | 0.90% |
| Visa Inc |
2.81%
34,773
|
$9,705,001,000 | 0.88% |
| Intercontinental Exchange In |
2.84%
69,357
|
$9,531,361,000 | 0.86% |
| Meta Platforms Inc |
10.64%
18,596
|
$9,029,677,000 | 0.82% |
| Kenvue Inc |
Opened
419,338
|
$8,998,994,000 | 0.81% |
| Polaris Inc |
15.17%
87,319
|
$8,742,379,000 | 0.79% |
| Zoetis Inc |
4.25%
49,417
|
$8,361,659,000 | 0.76% |
| Realty Income Corp. |
27.24%
153,929
|
$8,327,559,000 | 0.75% |
| American Tower Corp. |
2.73%
39,060
|
$7,717,760,000 | 0.70% |
| NextEra Energy Inc |
7.95%
116,336
|
$7,435,156,000 | 0.67% |
| C.H. Robinson Worldwide, Inc. |
5.19%
95,102
|
$7,241,067,000 | 0.65% |
| Restaurant Brands International Inc |
Opened
90,872
|
$7,219,967,000 | 0.65% |
| CVS Health Corp |
Opened
90,302
|
$7,202,488,000 | 0.65% |
| VanEck ETF Trust |
16.55%
86,993
|
$9,327,759,000 | 0.84% |
| Starbucks Corp. |
7.48%
72,839
|
$6,656,622,000 | 0.60% |
| Disney Walt Co |
7.04%
51,189
|
$6,263,436,000 | 0.57% |
| Aptiv PLC |
Opened
75,441
|
$6,009,171,000 | 0.54% |
| Match Group Inc. |
Opened
148,415
|
$5,384,982,000 | 0.49% |
| Vanguard Scottsdale Fds |
1.20%
77,701
|
$6,037,564,000 | 0.55% |
| Carlyle Secured Lending Inc |
7.20%
263,965
|
$4,297,351,000 | 0.39% |
| Fidus Invt Corp |
3.93%
189,460
|
$3,739,941,000 | 0.34% |
| Schwab Strategic Tr |
44.71%
111,286
|
$7,445,835,000 | 0.67% |
| Invesco Exch Trd Slf Idx Fd |
6.78%
1,087,607
|
$20,462,657,000 | 1.85% |
| J P Morgan Exchange Traded F |
3.13%
86,059
|
$4,530,611,000 | 0.41% |
| Vanguard World Fd |
20.90%
38,454
|
$5,463,711,000 | 0.49% |
| Vanguard World Fds |
Closed
13,811
|
$2,623,262,000 | |
| Lockheed Martin Corp. |
71.62%
5,613
|
$2,553,186,000 | 0.23% |
| Costco Whsl Corp New |
6.60%
2,938
|
$2,152,133,000 | 0.19% |
| Intuit Inc |
5.97%
3,291
|
$2,138,990,000 | 0.19% |
| Booking Holdings Inc |
87.33%
495
|
$1,795,801,000 | 0.16% |
| Vanguard Index Fds |
Closed
15,503
|
$3,474,708,000 | |
| Vanguard Specialized Funds |
11.21%
9,377
|
$1,712,334,000 | 0.15% |
| Advanced Micro Devices Inc. |
8.63%
9,361
|
$1,689,567,000 | 0.15% |
| Bowman Consulting Group Ltd |
Opened
47,307
|
$1,645,811,000 | 0.15% |
| Invesco Exchange Traded Fd T |
5.01%
40,475
|
$1,557,074,000 | 0.14% |
| Vanguard Index Fds |
Opened
4,610
|
$1,895,089,000 | 0.17% |
| Procter And Gamble Co |
0.70%
9,206
|
$1,493,639,000 | 0.14% |
| Exxon Mobil Corp. |
25.02%
12,278
|
$1,427,208,000 | 0.13% |
| Coca-Cola Co |
0.62%
23,283
|
$1,424,436,000 | 0.13% |
| Vanguard Whitehall Fds |
4.61%
10,265
|
$1,242,002,000 | 0.11% |
| Duke Energy Corp. |
28.21%
12,376
|
$1,196,892,000 | 0.11% |
| Global Pmts Inc |
No change
8,030
|
$1,073,290,000 | 0.10% |
| Vanguard Tax-managed Fds |
Closed
21,969
|
$1,052,322,000 | |
| Invesco Exchange Traded Fd T |
Closed
6,540
|
$1,032,012,000 | |
| Silvercrest Asset Mgmt Group |
3.16%
64,400
|
$1,018,164,000 | 0.09% |
| Abbvie Inc |
25.27%
4,859
|
$884,824,000 | 0.08% |
| Schwab Charles Corp |
4.26%
11,786
|
$852,600,000 | 0.08% |
| Vanguard Admiral Fds Inc |
Opened
2,714
|
$827,120,000 | 0.07% |
| Caterpillar Inc. |
34.59%
2,210
|
$809,709,000 | 0.07% |
| Tesla Inc |
85.69%
3,928
|
$690,461,000 | 0.06% |
| Eastman Chem Co |
93.69%
6,377
|
$639,103,000 | 0.06% |
| Oracle Corp. |
13.97%
4,988
|
$626,543,000 | 0.06% |
| Hubbell Inc. |
Closed
1,880
|
$618,389,000 | |
| Gladstone Capital Corp. |
No change
57,077
|
$612,437,000 | 0.06% |
| Vanguard Index Fds |
78.85%
4,115
|
$866,264,000 | 0.08% |
| L3Harris Technologies Inc |
Opened
2,580
|
$549,798,000 | 0.05% |
| Atmos Energy Corp. |
6.09%
4,625
|
$549,774,000 | 0.05% |
| Att Inc |
1.38%
30,879
|
$543,478,000 | 0.05% |
| Conocophillips |
6.45%
3,962
|
$504,284,000 | 0.05% |
| Albemarle Corp. |
143.60%
3,788
|
$499,032,000 | 0.05% |
| Ishares Tr |
Closed
5,847
|
$475,399,000 | |
| The Southern Co. |
3.07%
6,471
|
$464,195,000 | 0.04% |
| International Business Machs |
1.66%
2,390
|
$456,409,000 | 0.04% |
| Simon Ppty Group Inc New |
19.68%
2,645
|
$413,917,000 | 0.04% |
| Apollo Coml Real Est Fin Inc |
4.09%
35,200
|
$392,128,000 | 0.04% |
| Genuine Parts Co. |
No change
2,375
|
$367,959,000 | 0.03% |
| Spdr Sp Midcap 400 Etf Tr |
4.34%
661
|
$367,781,000 | 0.03% |
| Mcdonalds Corp |
No change
1,249
|
$352,196,000 | 0.03% |
| Novo-nordisk A S |
Opened
2,642
|
$339,233,000 | 0.03% |
| Autozone Inc. |
8.70%
105
|
$330,924,000 | 0.03% |
| Wisdomtree Tr |
5.00%
4,255
|
$324,189,000 | 0.03% |
| Boeing Co. |
4.90%
1,649
|
$318,241,000 | 0.03% |
| Bristol-Myers Squibb Co. |
46.48%
5,830
|
$316,161,000 | 0.03% |
| Raymond James Finl Inc |
10.99%
2,430
|
$312,061,000 | 0.03% |
| Fifth Third Bancorp |
No change
8,250
|
$306,983,000 | 0.03% |
| Targa Res Corp |
No change
2,600
|
$291,174,000 | 0.03% |
| Vista Outdoor Inc |
No change
8,750
|
$286,825,000 | 0.03% |
| Enterprise Prods Partners L |
No change
9,550
|
$278,669,000 | 0.03% |
| American Express Co. |
Opened
1,177
|
$267,939,000 | 0.02% |
| Ppg Inds Inc |
No change
1,828
|
$264,878,000 | 0.02% |
| Micron Technology Inc. |
Opened
2,235
|
$263,485,000 | 0.02% |
| Becton Dickinson Co |
10.97%
1,055
|
$261,060,000 | 0.02% |
| Energy Transfer L P |
No change
16,433
|
$258,492,000 | 0.02% |
| American Elec Pwr Co Inc |
Opened
2,993
|
$257,695,000 | 0.02% |
| Pfizer Inc. |
12.71%
9,283
|
$257,595,000 | 0.02% |
| Coterra Energy Inc |
Opened
9,200
|
$256,496,000 | 0.02% |
| Dominion Energy Inc |
Opened
5,177
|
$254,657,000 | 0.02% |
| ServiceNow Inc |
Opened
329
|
$250,830,000 | 0.02% |
| AMGEN Inc. |
Opened
879
|
$249,844,000 | 0.02% |
| Eli Lilly Co |
Opened
314
|
$244,313,000 | 0.02% |
| PayPal Holdings Inc |
22.63%
3,621
|
$242,571,000 | 0.02% |
| Blackstone Inc |
7.60%
1,840
|
$241,681,000 | 0.02% |
| Kimberly-Clark Corp. |
9.69%
1,818
|
$235,159,000 | 0.02% |
| Taiwan Semiconductor Mfg Ltd |
Opened
1,700
|
$231,285,000 | 0.02% |
| Oneok Inc. |
Opened
2,841
|
$227,763,000 | 0.02% |
| Asml Holding N V |
Opened
232
|
$225,150,000 | 0.02% |
| Automatic Data Processing In |
No change
901
|
$225,016,000 | 0.02% |
| Enova International Inc. |
Opened
3,500
|
$219,905,000 | 0.02% |
| Invesco Exchange Traded Fd T |
Opened
10,518
|
$217,197,000 | 0.02% |
| Freeport-McMoRan Inc |
Opened
4,459
|
$209,663,000 | 0.02% |
| Devon Energy Corp. |
Closed
4,600
|
$208,380,000 | |
| Eog Res Inc |
Closed
1,700
|
$205,615,000 | |
| Uber Technologies Inc |
Opened
2,651
|
$204,101,000 | 0.02% |
| Vertiv Holdings Co |
Opened
2,455
|
$200,500,000 | 0.02% |
| Invesco Ltd |
No change
12,000
|
$199,080,000 | 0.02% |
| Fs Credit Opportunities Corp |
No change
19,450
|
$115,339,000 | 0.01% |
| Piedmont Office Realty Tr In |
No change
13,683
|
$96,192,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 153 holdings | |||
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