New World Advisors 13F annual report
New World Advisors is an investment fund managing more than $359 billion ran by Christopher Cabral. There are currently 63 companies in Mr. Cabral’s portfolio. The largest investments include Tjx Cos Inc New and Ishares Tr, together worth $321 billion.
$359 billion Assets Under Management (AUM)
As of 26th July 2024, New World Advisors’s top holding is 2,712,735 shares of Tjx Cos Inc New currently worth over $299 billion and making up 83.1% of the portfolio value.
In addition, the fund holds 181,202 shares of Ishares Tr worth $22.6 billion.
The third-largest holding is Apple Inc worth $4.87 billion and the next is Amazon.com worth $3.7 billion, with 19,172 shares owned.
Currently, New World Advisors's portfolio is worth at least $359 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 New World Advisors
The New World Advisors office and employees reside in Hingham, Massachusetts. According to the last 13-F report filed with the SEC, Christopher Cabral serves as the Chief Compliance Officer at New World Advisors.
Recent trades
In the most recent 13F filing, New World Advisors revealed that it had opened a new position in
Shopify Inc and bought 4,238 shares worth $280 million.
This means they effectively own approximately 0.1% of the company.
Shopify Inc makes up
2.9%
of the fund's Technology sector allocation and has decreased its share price by 6.8% in the past year.
The investment fund also strengthened its position in Microsoft by buying
50 additional shares.
This makes their stake in Microsoft total 7,006 shares worth $3.13 billion.
Microsoft soared 27.4% in the past year.
On the other hand, there are companies that New World Advisors is getting rid of from its portfolio.
New World Advisors closed its position in Autodesk on 2nd August 2024.
It sold the previously owned 1,465 shares for $382 million.
Christopher Cabral also disclosed a decreased stake in Tjx Cos Inc New by approximately 0.1%.
This leaves the value of the investment at $299 billion and 2,712,735 shares.
One of the smaller hedge funds
The two most similar investment funds to New World Advisors are Legacy Wealth Asset Management and Capital City Trust Co/fl. They manage $359 billion and $359 billion respectively.
Christopher Cabral investment strategy
New World Advisors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.8% of
the total portfolio value.
The fund focuses on investments in the United States as
57.1% 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
52% 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 $277 billion.
The complete list of New World Advisors trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Tjx Cos Inc New |
1.70%
2,712,735
|
$298,672,124,000 | 83.12% |
| Ishares Tr |
16.90%
181,202
|
$22,633,989,000 | 6.30% |
| Apple Inc |
2.62%
23,128
|
$4,871,282,000 | 1.36% |
| Amazon.com Inc. |
5.50%
19,172
|
$3,704,989,000 | 1.03% |
| Microsoft Corporation |
0.72%
7,006
|
$3,131,298,000 | 0.87% |
| Ark Etf Tr |
0.80%
35,615
|
$1,565,279,000 | 0.44% |
| Alphabet Inc |
0.55%
12,175
|
$2,228,269,000 | 0.62% |
| Exxon Mobil Corp. |
No change
10,504
|
$1,209,185,000 | 0.34% |
| Visa Inc |
0.10%
3,129
|
$821,269,000 | 0.23% |
| Vanguard Index Fds |
No change
2,957
|
$791,027,000 | 0.22% |
| Berkshire Hathaway Inc. |
No change
1,865
|
$758,682,000 | 0.21% |
| NVIDIA Corp |
985.30%
5,980
|
$738,769,000 | 0.21% |
| Thermo Fisher Scientific Inc. |
4.12%
1,263
|
$698,439,000 | 0.19% |
| Home Depot, Inc. |
7.05%
1,928
|
$663,695,000 | 0.18% |
| ServiceNow Inc |
1.12%
810
|
$637,202,000 | 0.18% |
| Mastercard Incorporated |
5.02%
1,360
|
$599,978,000 | 0.17% |
| Salesforce Inc |
0.36%
2,234
|
$574,361,000 | 0.16% |
| Adobe Inc |
0.10%
973
|
$540,540,000 | 0.15% |
| Abbott Labs |
0.06%
4,843
|
$503,236,000 | 0.14% |
| Wisdomtree Tr |
10.89%
6,363
|
$496,606,000 | 0.14% |
| Zoetis Inc |
1.53%
2,858
|
$495,463,000 | 0.14% |
| Airbnb, Inc. |
0.25%
3,177
|
$481,729,000 | 0.13% |
| Netflix Inc. |
41.56%
710
|
$479,164,000 | 0.13% |
| Jpmorgan Chase Co. |
2.53%
2,121
|
$429,028,000 | 0.12% |
| L3Harris Technologies Inc |
5.28%
1,795
|
$403,121,000 | 0.11% |
| Zimmer Biomet Holdings Inc |
15.86%
3,653
|
$396,460,000 | 0.11% |
| Accenture Plc Ireland |
0.16%
1,290
|
$391,399,000 | 0.11% |
| 3M Co. |
No change
3,812
|
$389,548,000 | 0.11% |
| Autodesk Inc. |
Closed
1,465
|
$381,515,000 | |
| Nasdaq Inc |
61.56%
6,220
|
$374,817,000 | 0.10% |
| Ssc Technologies Hldgs Inc |
3.25%
5,950
|
$372,887,000 | 0.10% |
| Eli Lilly Co |
0.24%
410
|
$371,206,000 | 0.10% |
| Unitedhealth Group Inc |
No change
719
|
$366,158,000 | 0.10% |
| Graphic Packaging Hldg Co |
2.13%
13,800
|
$361,698,000 | 0.10% |
| Baxter International Inc. |
14.89%
10,800
|
$361,260,000 | 0.10% |
| Bank America Corp |
21.10%
8,600
|
$342,022,000 | 0.10% |
| Golub Cap Bdc Inc |
21.25%
21,768
|
$341,969,000 | 0.10% |
| Topgolf Callaway Brands Corp |
10.73%
21,625
|
$330,863,000 | 0.09% |
| Disney Walt Co |
2.92%
3,324
|
$330,040,000 | 0.09% |
| Lions Gate Entmnt Corp |
No change
38,050
|
$326,089,000 | 0.09% |
| Novo-nordisk A S |
0.40%
2,248
|
$320,880,000 | 0.09% |
| Sensata Technologies Hldg Pl |
16.75%
8,575
|
$320,619,000 | 0.09% |
| Mohawk Inds Inc |
3.42%
2,820
|
$320,324,000 | 0.09% |
| Micron Technology Inc. |
42.68%
2,350
|
$309,096,000 | 0.09% |
| Vanguard Star Fds |
No change
4,903
|
$295,651,000 | 0.08% |
| Elanco Animal Health Inc |
14.80%
20,150
|
$290,765,000 | 0.08% |
| Johnson Johnson |
No change
1,978
|
$289,104,000 | 0.08% |
| PENN Entertainment Inc |
33.78%
14,700
|
$284,519,000 | 0.08% |
| Vanguard Specialized Funds |
No change
1,552
|
$283,318,000 | 0.08% |
| Shopify Inc |
Opened
4,238
|
$279,920,000 | 0.08% |
| Gartner, Inc. |
0.34%
589
|
$264,496,000 | 0.07% |
| Corning, Inc. |
33.42%
6,725
|
$261,266,000 | 0.07% |
| International Business Machs |
10.15%
1,432
|
$247,664,000 | 0.07% |
| MSCI Inc |
Opened
505
|
$243,284,000 | 0.07% |
| Avantor, Inc. |
Closed
9,500
|
$242,915,000 | |
| NextEra Energy Inc |
No change
3,200
|
$226,592,000 | 0.06% |
| Wisdomtree Tr |
Opened
4,171
|
$224,063,000 | 0.06% |
| Nike, Inc. |
0.34%
2,930
|
$220,834,000 | 0.06% |
| AMGEN Inc. |
Opened
700
|
$218,715,000 | 0.06% |
| Costco Whsl Corp New |
Opened
254
|
$216,231,000 | 0.06% |
| Devon Energy Corp. |
Opened
4,560
|
$216,144,000 | 0.06% |
| Axalta Coating Sys Ltd |
8.70%
6,300
|
$215,271,000 | 0.06% |
| Workday Inc |
0.41%
961
|
$214,841,000 | 0.06% |
| Verizon Communications Inc |
No change
4,938
|
$203,643,000 | 0.06% |
| Infinera Corp. |
No change
27,600
|
$168,084,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 65 holdings | |||
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