Stockman Wealth Management 13F annual report
Stockman Wealth Management is an investment fund managing more than $570 billion ran by Larry Johns. There are currently 128 companies in Mr. Johns’s portfolio. The largest investments include Ishares Tr and Microsoft, together worth $149 billion.
$570 billion Assets Under Management (AUM)
As of 24th July 2024, Stockman Wealth Management’s top holding is 2,321,504 shares of Ishares Tr currently worth over $127 billion and making up 22.3% of the portfolio value.
In addition, the fund holds 49,081 shares of Microsoft worth $21.9 billion, whose value grew 9.9% in the past six months.
The third-largest holding is Apple Inc worth $21.3 billion and the next is Amazon.com worth $16.8 billion, with 86,940 shares owned.
Currently, Stockman Wealth Management's portfolio is worth at least $570 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 Stockman Wealth Management
The Stockman Wealth Management office and employees reside in Billings, Montana. According to the last 13-F report filed with the SEC, Larry Johns serves as the President & CIO at Stockman Wealth Management.
Recent trades
In the most recent 13F filing, Stockman Wealth Management revealed that it had opened a new position in
Starbucks and bought 104,572 shares worth $8.14 billion.
This means they effectively own approximately 0.1% of the company.
Starbucks makes up
15.1%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 24.6% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
269,971 additional shares.
This makes their stake in Ishares Tr total 2,321,504 shares worth $127 billion.
On the other hand, there are companies that Stockman Wealth Management is getting rid of from its portfolio.
Stockman Wealth Management closed its position in Super Micro Computer Inc on 31st July 2024.
It sold the previously owned 6,351 shares for $6.41 billion.
Larry Johns also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $16.8 billion and 86,940 shares.
One of the average hedge funds
The two most similar investment funds to Stockman Wealth Management are Northstar Asset Management Inc and Quantum Advisors. They manage $570 billion and $569 billion respectively.
Larry Johns investment strategy
Stockman Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 9.5% of
the total portfolio value.
The fund focuses on investments in the United States as
46.1% 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
43% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $206 billion.
The complete list of Stockman Wealth Management trades based on 13F SEC filings
These positions were updated on July 31st 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 Tr |
13.16%
2,321,504
|
$126,740,783,000 | 22.25% |
| Microsoft Corporation |
0.61%
49,081
|
$21,936,948,000 | 3.85% |
| Apple Inc |
1.87%
101,109
|
$21,295,595,000 | 3.74% |
| Amazon.com Inc. |
2.66%
86,940
|
$16,801,155,000 | 2.95% |
| Jpmorgan Chase Co. |
1.98%
76,413
|
$15,455,214,000 | 2.71% |
| Berkshire Hathaway Inc. |
0.58%
37,192
|
$15,129,706,000 | 2.66% |
| Asml Holding N V |
1.92%
14,329
|
$14,654,699,000 | 2.57% |
| Costco Whsl Corp New |
3.07%
17,089
|
$14,525,630,000 | 2.55% |
| Merck Co Inc |
0.46%
109,546
|
$13,561,781,000 | 2.38% |
| International Business Machs |
1.50%
71,783
|
$12,414,855,000 | 2.18% |
| Vanguard Intl Equity Index F |
5.66%
283,626
|
$12,411,464,000 | 2.18% |
| Caterpillar Inc. |
1.18%
36,015
|
$11,996,663,000 | 2.11% |
| Alphabet Inc |
0.12%
72,973
|
$13,302,165,000 | 2.34% |
| Cisco Sys Inc |
6.54%
235,532
|
$11,190,136,000 | 1.96% |
| Procter And Gamble Co |
1.54%
64,382
|
$10,617,809,000 | 1.86% |
| Exxon Mobil Corp. |
2.59%
88,529
|
$10,191,448,000 | 1.79% |
| Us Bancorp Del |
2.88%
247,817
|
$9,838,349,000 | 1.73% |
| Pepsico Inc |
4.32%
58,617
|
$9,667,644,000 | 1.70% |
| Bank America Corp |
0.32%
236,115
|
$9,390,303,000 | 1.65% |
| Chevron Corp. |
1.94%
59,688
|
$9,336,412,000 | 1.64% |
| CRH Plc |
2.48%
123,967
|
$9,295,046,000 | 1.63% |
| Honeywell International Inc |
2.63%
42,267
|
$9,025,777,000 | 1.58% |
| Lockheed Martin Corp. |
2.97%
17,606
|
$8,223,862,000 | 1.44% |
| Starbucks Corp. |
Opened
104,572
|
$8,140,931,000 | 1.43% |
| Schlumberger Ltd. |
6.37%
168,945
|
$7,970,806,000 | 1.40% |
| Pfizer Inc. |
6.47%
276,902
|
$7,747,712,000 | 1.36% |
| GSK Plc |
1.76%
194,493
|
$7,487,996,000 | 1.31% |
| Medtronic Plc |
5.62%
93,923
|
$7,392,680,000 | 1.30% |
| Select Sector Spdr Tr |
0.07%
340,110
|
$31,983,681,000 | 5.62% |
| Home Depot, Inc. |
1.40%
19,395
|
$6,676,437,000 | 1.17% |
| Lowes Cos Inc |
4.06%
29,218
|
$6,441,437,000 | 1.13% |
| Sysco Corp. |
6.53%
90,172
|
$6,437,361,000 | 1.13% |
| Super Micro Computer Inc |
Closed
6,351
|
$6,414,701,000 | |
| Verizon Communications Inc |
2.75%
143,977
|
$5,937,594,000 | 1.04% |
| Northwestern Energy Group In |
3.71%
97,028
|
$4,859,181,000 | 0.85% |
| Mckesson Corporation |
Opened
5,826
|
$3,402,618,000 | 0.60% |
| First Intst Bancsystem Inc |
0.21%
95,513
|
$2,652,399,000 | 0.47% |
| Vanguard Index Fds |
1.28%
21,706
|
$6,222,304,000 | 1.09% |
| Eli Lilly Co |
1.63%
2,368
|
$2,143,940,000 | 0.38% |
| Schwab Strategic Tr |
4.04%
98,215
|
$5,478,416,000 | 0.96% |
| Vanguard Scottsdale Fds |
No change
22,940
|
$1,772,689,000 | 0.31% |
| Qualcomm, Inc. |
1.58%
6,490
|
$1,292,679,000 | 0.23% |
| USA Compression Partners LP |
9.82%
50,501
|
$1,198,383,000 | 0.21% |
| NVIDIA Corp |
14.88%
9,565
|
$1,181,664,000 | 0.21% |
| Johnson Johnson |
5.61%
7,443
|
$1,087,869,000 | 0.19% |
| Energy Transfer L P |
32.04%
59,066
|
$958,051,000 | 0.17% |
| Astrazeneca plc |
7.86%
11,728
|
$914,667,000 | 0.16% |
| Oneok Inc. |
0.94%
10,705
|
$872,993,000 | 0.15% |
| Oracle Corp. |
0.49%
6,130
|
$865,556,000 | 0.15% |
| Emerson Elec Co |
1.40%
7,832
|
$862,774,000 | 0.15% |
| First Tr Exchange-traded Fd |
No change
16,906
|
$812,334,000 | 0.14% |
| Amphenol Corp. |
100.00%
11,806
|
$795,371,000 | 0.14% |
| Visa Inc |
30.26%
3,005
|
$788,723,000 | 0.14% |
| Enterprise Prods Partners L |
25.68%
24,722
|
$716,444,000 | 0.13% |
| Abbott Labs |
3.96%
6,611
|
$686,950,000 | 0.12% |
| Liberty All Star Equity Fd |
No change
99,563
|
$677,031,000 | 0.12% |
| Antero Midstream Corp |
No change
45,000
|
$663,300,000 | 0.12% |
| Booking Holdings Inc |
No change
166
|
$657,609,000 | 0.12% |
| Coca-Cola Co |
5.05%
9,468
|
$602,639,000 | 0.11% |
| Duke Energy Corp. |
0.68%
5,956
|
$596,970,000 | 0.10% |
| Mcdonalds Corp |
5.01%
2,283
|
$581,800,000 | 0.10% |
| First Tr Exch Traded Fd Iii |
7.19%
33,148
|
$575,450,000 | 0.10% |
| abrdn World Healthcare Fund |
No change
42,609
|
$559,451,000 | 0.10% |
| Broadcom Inc |
0.86%
347
|
$557,119,000 | 0.10% |
| Vanguard Bd Index Fds |
2.07%
13,839
|
$1,049,447,000 | 0.18% |
| Heartland Finl Usa Inc |
44.06%
12,248
|
$544,424,000 | 0.10% |
| Taiwan Semiconductor Mfg Ltd |
12.60%
3,127
|
$543,504,000 | 0.10% |
| Waste Mgmt Inc Del |
No change
2,540
|
$541,884,000 | 0.10% |
| Abbvie Inc |
3.38%
2,964
|
$508,301,000 | 0.09% |
| Marsh Mclennan Cos Inc |
0.42%
2,361
|
$497,510,000 | 0.09% |
| Danaher Corp. |
1.30%
1,942
|
$485,209,000 | 0.09% |
| J P Morgan Exchange Traded F |
Closed
8,346
|
$482,881,000 | |
| Progressive Corp. |
No change
2,231
|
$463,402,000 | 0.08% |
| Eagle Bancorp Mont Inc |
No change
34,803
|
$461,836,000 | 0.08% |
| Nuveen New York Amt Qlt Muni |
No change
40,862
|
$453,165,000 | 0.08% |
| Stryker Corp. |
0.38%
1,327
|
$451,512,000 | 0.08% |
| Conocophillips |
7.12%
3,877
|
$443,452,000 | 0.08% |
| Rithm Capital Corp |
No change
40,000
|
$436,400,000 | 0.08% |
| Phillips 66 |
1.68%
3,027
|
$427,322,000 | 0.08% |
| Williams Cos Inc |
0.11%
10,023
|
$425,978,000 | 0.07% |
| Advanced Micro Devices Inc. |
12.63%
2,612
|
$423,693,000 | 0.07% |
| abrdn Healthcare Investors |
No change
23,709
|
$413,967,000 | 0.07% |
| Ford Mtr Co Del |
94.94%
31,881
|
$399,788,000 | 0.07% |
| Vanguard Star Fds |
No change
6,613
|
$398,764,000 | 0.07% |
| Starwood Ppty Tr Inc |
No change
20,300
|
$384,482,000 | 0.07% |
| Travelers Companies Inc. |
No change
1,869
|
$380,043,000 | 0.07% |
| Becton Dickinson Co |
No change
1,540
|
$359,914,000 | 0.06% |
| Ishares Tr |
Opened
17,781
|
$355,075,000 | 0.06% |
| Target Corp |
3.25%
2,384
|
$352,928,000 | 0.06% |
| Disney Walt Co |
3.67%
3,547
|
$352,192,000 | 0.06% |
| Packaging Corp Amer |
No change
1,900
|
$346,864,000 | 0.06% |
| Tesla Inc |
24.67%
1,618
|
$320,170,000 | 0.06% |
| Columbia Bkg Sys Inc |
No change
16,000
|
$318,240,000 | 0.06% |
| Interdigital Inc |
16.18%
2,700
|
$314,712,000 | 0.06% |
| Fedex Corp |
2.66%
1,042
|
$312,434,000 | 0.05% |
| British Amern Tob Plc |
No change
10,018
|
$309,857,000 | 0.05% |
| Vanguard Specialized Funds |
43.73%
1,673
|
$305,340,000 | 0.05% |
| Texas Instrs Inc |
No change
1,551
|
$301,717,000 | 0.05% |
| American Express Co. |
No change
1,276
|
$295,458,000 | 0.05% |
| Zoetis Inc |
6.29%
1,691
|
$293,152,000 | 0.05% |
| CVS Health Corp |
Closed
3,674
|
$293,039,000 | |
| Eaton Vance Tax-managed Glob |
No change
34,679
|
$293,038,000 | 0.05% |
| Applied Matls Inc |
No change
1,209
|
$285,312,000 | 0.05% |
| Bristol-Myers Squibb Co. |
Closed
5,199
|
$281,942,000 | |
| Ellington Financial Inc. |
No change
22,500
|
$271,800,000 | 0.05% |
| Paychex Inc. |
No change
2,251
|
$266,879,000 | 0.05% |
| Union Pac Corp |
No change
1,167
|
$264,046,000 | 0.05% |
| Boeing Co. |
8.64%
1,448
|
$263,551,000 | 0.05% |
| Wells Fargo Co New |
10.81%
4,338
|
$257,634,000 | 0.05% |
| Sherwin-Williams Co. |
No change
827
|
$246,802,000 | 0.04% |
| Thermo Fisher Scientific Inc. |
10.42%
430
|
$237,790,000 | 0.04% |
| Schwab Charles Corp |
13.66%
3,161
|
$232,935,000 | 0.04% |
| Illinois Tool Wks Inc |
No change
983
|
$232,932,000 | 0.04% |
| Ladder Cap Corp |
No change
20,168
|
$227,692,000 | 0.04% |
| Glacier Bancorp, Inc. |
Opened
6,028
|
$224,965,000 | 0.04% |
| AMGEN Inc. |
Opened
711
|
$222,152,000 | 0.04% |
| Global X Fds |
1.57%
5,485
|
$221,744,000 | 0.04% |
| Valero Energy Corp. |
No change
1,402
|
$219,778,000 | 0.04% |
| Constellation Brands Inc |
1.73%
850
|
$218,688,000 | 0.04% |
| Ishares Tr |
Closed
10,626
|
$434,675,000 | |
| Eaton Vance Enhanced Equity |
No change
21,000
|
$431,530,000 | 0.08% |
| Blackrock Science Technolo |
0.29%
10,896
|
$216,930,000 | 0.04% |
| NextEra Energy Inc |
9.49%
3,006
|
$212,862,000 | 0.04% |
| Intel Corp. |
Closed
4,800
|
$212,016,000 | |
| HF Sinclair Corporation |
No change
3,950
|
$210,693,000 | 0.04% |
| General Mls Inc |
No change
3,312
|
$209,518,000 | 0.04% |
| RTX Corp |
Opened
2,047
|
$205,499,000 | 0.04% |
| GE Aerospace |
3.35%
1,266
|
$201,257,000 | 0.04% |
| Automatic Data Processing In |
Closed
805
|
$201,041,000 | |
| Realty Income Corp. |
12.21%
3,805
|
$200,962,000 | 0.04% |
| Umh Pptys Inc |
No change
10,750
|
$171,893,000 | 0.03% |
| Blackrock Health Sciences Te |
No change
10,300
|
$158,208,000 | 0.03% |
| Blackrock Res Commodities |
No change
15,000
|
$137,850,000 | 0.02% |
| Tpg Re Fin Tr Inc |
No change
12,300
|
$106,272,000 | 0.02% |
| Compugen Ltd |
23.81%
16,000
|
$26,880,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 135 holdings | |||
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