3edge Asset Management, L.P. 13F annual report
3edge Asset Management, L.P. is an investment fund managing more than $1.27 trillion ran by Kristi Hillyer. There are currently 39 companies in Mrs. Hillyer’s portfolio. The largest investments include BondBloxx ETF Trust and World Gold Tr, together worth $377 billion.
$1.27 trillion Assets Under Management (AUM)
As of 5th August 2024, 3edge Asset Management, L.P.’s top holding is 4,436,134 shares of BondBloxx ETF Trust currently worth over $223 billion and making up 17.5% of the portfolio value.
Relative to the number of outstanding shares of BondBloxx ETF Trust, 3edge Asset Management, L.P. owns more than 0.4% of the company.
In addition, the fund holds 3,358,936 shares of World Gold Tr worth $155 billion.
The third-largest holding is Ishares Tr worth $589 billion and the next is J P Morgan Exchange Traded F worth $152 billion, with 2,689,947 shares owned.
Currently, 3edge Asset Management, L.P.'s portfolio is worth at least $1.27 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 3edge Asset Management, L.P.
The 3edge Asset Management, L.P. office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, Kristi Hillyer serves as the Director of Operations & Chief Compliance Officer at 3edge Asset Management, L.P..
Recent trades
In the most recent 13F filing, 3edge Asset Management, L.P. revealed that it had opened a new position in
Harbor ETF Trust and bought 1,058,226 shares worth $23.8 billion.
This means they effectively own approximately 0.1% of the company.
Harbor ETF Trust makes up
93.6%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in World Gold Tr by buying
1,097,780 additional shares.
This makes their stake in World Gold Tr total 3,358,936 shares worth $155 billion.
On the other hand, there are companies that 3edge Asset Management, L.P. is getting rid of from its portfolio.
3edge Asset Management, L.P. closed its position in Simplify Exchange Traded Fun on 12th August 2024.
It sold the previously owned 5,096,110 shares for $135 billion.
Kristi Hillyer also disclosed a decreased stake in BondBloxx ETF Trust by approximately 0.1%.
This leaves the value of the investment at $223 billion and 4,436,134 shares.
One of the largest hedge funds
The two most similar investment funds to 3edge Asset Management, L.P. are Pacific Heights Asset Management and Stairway Partners. They manage $1.27 trillion and $1.27 trillion respectively.
Kristi Hillyer investment strategy
3edge Asset Management, L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Industrials — making up 17.5% of
the total portfolio value.
The fund focuses on investments in the United States as
2.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
13% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $99.5 million.
The complete list of 3edge Asset Management, L.P. trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| BondBloxx ETF Trust |
4.01%
4,436,134
|
$222,604,160,000 | 17.48% |
| World Gold Tr |
48.55%
3,358,936
|
$154,813,383,000 | 12.15% |
| Ishares Tr |
9.66%
6,459,849
|
$588,972,958,000 | 46.24% |
| J P Morgan Exchange Traded F |
131.13%
2,689,947
|
$151,800,509,000 | 11.92% |
| Simplify Exchange Traded Fun |
Closed
5,096,110
|
$134,995,952,000 | |
| American Centy Etf Tr |
Closed
1,113,030
|
$104,302,041,000 | |
| Spdr Ser Tr |
662.01%
629,797
|
$57,640,775,000 | 4.53% |
| Harbor ETF Trust |
Opened
1,058,226
|
$23,804,799,000 | 1.87% |
| Ishares Tr |
Closed
173,201
|
$14,164,342,000 | |
| Pacer Fds Tr |
3.91%
112,932
|
$6,153,665,000 | 0.48% |
| Innovator ETFs Trust |
Closed
307,481
|
$8,523,537,000 | |
| Simplify Exchange Traded Fun |
51.12%
295,471
|
$7,020,680,000 | 0.55% |
| Bny Mellon Etf Trust |
Opened
134,209
|
$3,837,854,000 | 0.30% |
| Blackrock Etf Trust |
Opened
121,549
|
$3,595,419,000 | 0.28% |
| Franklin Templeton Holdings |
27.43%
110,816
|
$3,439,418,000 | 0.27% |
| First Tr Exchange-traded Fd |
0.39%
159,235
|
$3,188,187,000 | 0.25% |
| Ishares Inc |
21.07%
118,684
|
$4,508,863,000 | 0.35% |
| Franklin Templeton Etf Tr |
14.78%
169,115
|
$4,589,304,000 | 0.36% |
| Tcw Etf Trust |
27.44%
41,909
|
$2,858,613,000 | 0.22% |
| Global X Fds |
Opened
185,656
|
$4,698,571,000 | 0.37% |
| Select Sector Spdr Tr |
131.20%
79,038
|
$7,221,726,000 | 0.57% |
| Exchange Listed Fds Tr |
0.52%
96,924
|
$2,063,509,000 | 0.16% |
| T Rowe Price Etf Inc |
Opened
39,490
|
$1,951,991,000 | 0.15% |
| Touchstone ETF Trust |
Closed
74,163
|
$1,869,649,000 | |
| Vanguard Intl Equity Index F |
Opened
14,566
|
$1,640,569,000 | 0.13% |
| Putnam ETF Trust |
1.23%
46,901
|
$1,624,078,000 | 0.13% |
| Dbx Etf Tr |
Closed
36,470
|
$1,623,925,000 | |
| Doubleline Etf Trust |
2.38%
30,015
|
$1,542,447,000 | 0.12% |
| KraneShares Trust |
Opened
50,942
|
$1,376,453,000 | 0.11% |
| Nushares Etf Tr |
68.04%
31,710
|
$1,198,321,000 | 0.09% |
| Wisdomtree Tr |
25.50%
15,669
|
$1,177,062,000 | 0.09% |
| Janus Detroit Str Tr |
2.27%
23,028
|
$1,171,665,000 | 0.09% |
| Innovator ETFs Trust |
No change
39,271
|
$1,171,454,000 | 0.09% |
| John Hancock Exchange Traded |
2.23%
51,950
|
$1,161,171,000 | 0.09% |
| Proshares Tr |
Closed
35,105
|
$1,133,892,000 | |
| Spdr Index Shs Fds |
13.03%
32,328
|
$1,694,090,000 | 0.13% |
| Fidelity Wise Origin Bitcoin |
60.33%
19,233
|
$1,008,963,000 | 0.08% |
| Ishares Inc |
Closed
25,810
|
$819,468,000 | |
| VanEck ETF Trust |
Closed
25,061
|
$792,429,000 | |
| Ishares Inc |
Opened
25,213
|
$696,123,000 | 0.05% |
| Spdr S&p 500 Etf Tr |
3.54%
1,170
|
$636,737,000 | 0.05% |
| Vanguard Index Fds |
No change
1,100
|
$550,143,000 | 0.04% |
| Spdr S&p Midcap 400 Etf Tr |
23.72%
997
|
$533,482,000 | 0.04% |
| Invesco Actvely Mngd Etc Fd |
Opened
14,517
|
$499,385,000 | 0.04% |
| Nushares Etf Tr |
Closed
9,242
|
$398,900,000 | |
| Ishares Gold Tr |
0.16%
6,280
|
$275,880,000 | 0.02% |
| Flexshares Tr |
No change
11,035
|
$260,316,000 | 0.02% |
| Spdr Ser Tr |
Closed
9,912
|
$249,981,000 | |
| Timothy Plan |
Opened
18,356
|
$463,242,000 | 0.04% |
| Select Sector Spdr Tr |
Opened
3,552
|
$242,033,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||
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