Monument Capital Management 13F annual report
Monument Capital Management is an investment fund managing more than $305 billion ran by David Armstrong. There are currently 160 companies in Mr. Armstrong’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Ishares Tr, together worth $79.2 billion.
$305 billion Assets Under Management (AUM)
As of 26th January 2024, Monument Capital Management’s top holding is 37,847 shares of Spdr Sp 500 Etf Tr currently worth over $18 billion and making up 5.9% of the portfolio value.
In addition, the fund holds 800,186 shares of Ishares Tr worth $61.3 billion.
The third-largest holding is Microsoft worth $11.8 billion and the next is Apple Inc worth $6.76 billion, with 35,103 shares owned.
Currently, Monument Capital Management's portfolio is worth at least $305 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 Monument Capital Management
The Monument Capital Management office and employees reside in Alexandria, Virginia. According to the last 13-F report filed with the SEC, David Armstrong serves as the Managing Member at Monument Capital Management.
Recent trades
In the most recent 13F filing, Monument Capital Management revealed that it had opened a new position in
Vanguard Charlotte Fds and bought 65,026 shares worth $3.21 billion.
The investment fund also strengthened its position in Microsoft by buying
806 additional shares.
This makes their stake in Microsoft total 31,264 shares worth $11.8 billion.
Microsoft soared 50.3% in the past year.
On the other hand, there are companies that Monument Capital Management is getting rid of from its portfolio.
Monument Capital Management closed its position in Spdr Ser Tr on 1st February 2024.
It sold the previously owned 95,126 shares for $8.73 billion.
David Armstrong also disclosed a decreased stake in Spdr Sp 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $18 billion and 37,847 shares.
One of the smaller hedge funds
The two most similar investment funds to Monument Capital Management are Mcdonald Partners and Vivaldi Capital Management L.P.. They manage $305 billion and $305 billion respectively.
David Armstrong investment strategy
Monument Capital Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 11.2% of
the total portfolio value.
The fund focuses on investments in the United States as
52.5% 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 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $172 billion.
The complete list of Monument Capital Management trades based on 13F SEC filings
These positions were updated on February 1st 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 |
5.96%
37,847
|
$17,989,271,000 | 5.89% |
| Ishares Tr |
11.30%
800,186
|
$61,258,683,000 | 20.06% |
| Microsoft Corporation |
2.65%
31,264
|
$11,756,342,000 | 3.85% |
| Spdr Ser Tr |
Closed
95,126
|
$8,734,464,000 | |
| Apple Inc |
1.74%
35,103
|
$6,758,370,000 | 2.21% |
| Vanguard Tax-managed Fds |
1.35%
101,723
|
$4,872,541,000 | 1.60% |
| Caterpillar Inc. |
0.24%
15,674
|
$4,634,204,000 | 1.52% |
| Builders Firstsource Inc |
0.58%
26,723
|
$4,461,173,000 | 1.46% |
| Pulte Group Inc |
0.62%
42,763
|
$4,414,002,000 | 1.45% |
| Grainger W W Inc |
0.88%
4,957
|
$4,107,721,000 | 1.34% |
| Ishares Tr |
Closed
42,836
|
$4,040,720,000 | |
| Murphy USA Inc |
0.01%
11,190
|
$3,990,026,000 | 1.31% |
| Walmart Inc |
2.58%
22,690
|
$3,577,067,000 | 1.17% |
| Coca Cola Cons Inc |
0.78%
3,838
|
$3,563,542,000 | 1.17% |
| Procter And Gamble Co |
10.14%
23,105
|
$3,385,745,000 | 1.11% |
| Vanguard Scottsdale Fds |
64.81%
80,214
|
$5,633,677,000 | 1.84% |
| Paccar Inc. |
1.89%
34,091
|
$3,328,965,000 | 1.09% |
| Broadcom Inc. |
9.75%
2,926
|
$3,266,439,000 | 1.07% |
| Evercore Inc |
3.20%
19,040
|
$3,256,845,000 | 1.07% |
| Vanguard Charlotte Fds |
Opened
65,026
|
$3,209,995,000 | 1.05% |
| Williams-Sonoma, Inc. |
Opened
15,620
|
$3,151,779,000 | 1.03% |
| Watsco Inc. |
2.57%
6,974
|
$2,988,086,000 | 0.98% |
| Hubbell Inc. |
1.93%
8,992
|
$2,957,805,000 | 0.97% |
| Mgic Invt Corp Wis |
2.12%
149,245
|
$2,878,934,000 | 0.94% |
| Lincoln Elec Hldgs Inc |
0.63%
12,885
|
$2,801,876,000 | 0.92% |
| Phillips 66 |
3.16%
20,991
|
$2,794,689,000 | 0.91% |
| D.R. Horton Inc. |
0.03%
18,374
|
$2,792,524,000 | 0.91% |
| Reliance Steel Aluminum Co |
2.99%
9,919
|
$2,774,232,000 | 0.91% |
| Jabil Inc |
9.01%
20,770
|
$2,646,059,000 | 0.87% |
| Snap-on, Inc. |
3.45%
9,030
|
$2,608,160,000 | 0.85% |
| Booking Holdings Inc |
19.77%
733
|
$2,600,112,000 | 0.85% |
| Conocophillips |
2.37%
22,349
|
$2,594,096,000 | 0.85% |
| Emcor Group, Inc. |
3.41%
12,027
|
$2,590,880,000 | 0.85% |
| United Rentals, Inc. |
3.47%
4,497
|
$2,578,804,000 | 0.84% |
| Penske Automotive Grp Inc |
1.02%
15,884
|
$2,549,514,000 | 0.83% |
| Marathon Pete Corp |
0.28%
17,080
|
$2,533,944,000 | 0.83% |
| Dover Corp. |
Closed
18,080
|
$2,522,361,000 | |
| Everest Group Ltd |
Closed
6,656
|
$2,473,836,000 | |
| TopBuild Corp |
Closed
9,674
|
$2,434,059,000 | |
| Badger Meter Inc. |
1.39%
15,575
|
$2,404,317,000 | 0.79% |
| Eagle Matls Inc |
2.43%
11,762
|
$2,385,805,000 | 0.78% |
| Invesco Exchange Traded Fd T |
0.67%
122,379
|
$5,797,732,000 | 1.90% |
| Super Micro Computer Inc |
2.84%
8,299
|
$2,359,074,000 | 0.77% |
| Block H R Inc |
Opened
47,521
|
$2,298,591,000 | 0.75% |
| Cabot Corp. |
Opened
27,146
|
$2,266,691,000 | 0.74% |
| Alphabet Inc |
155.53%
19,323
|
$2,703,358,000 | 0.89% |
| Ishares Inc |
Opened
42,744
|
$2,162,012,000 | 0.71% |
| Reinsurance Grp Of America I |
Opened
13,305
|
$2,152,483,000 | 0.70% |
| FirstCash Holdings Inc |
Opened
19,697
|
$2,134,958,000 | 0.70% |
| Civitas Resources Inc |
Closed
26,142
|
$2,114,104,000 | |
| APA Corporation |
Closed
50,427
|
$2,072,550,000 | |
| Worthington Enterprises Inc. |
2.68%
35,917
|
$2,067,028,000 | 0.68% |
| Eog Res Inc |
Closed
16,218
|
$2,055,835,000 | |
| Chord Energy Corporation |
Opened
12,241
|
$2,034,821,000 | 0.67% |
| Lpl Finl Hldgs Inc |
Opened
8,565
|
$1,949,627,000 | 0.64% |
| Clean Harbors, Inc. |
3.89%
11,108
|
$1,938,457,000 | 0.63% |
| Commercial Metals Co. |
Closed
38,880
|
$1,921,039,000 | |
| Home Depot, Inc. |
3.38%
5,427
|
$1,880,664,000 | 0.62% |
| ON Semiconductor Corp. |
Closed
19,897
|
$1,849,426,000 | |
| First Tr Exchange-traded Fd |
20.40%
30,731
|
$1,833,419,000 | 0.60% |
| Grand Canyon Ed Inc |
Opened
13,780
|
$1,819,511,000 | 0.60% |
| Vanguard Index Fds |
No change
7,604
|
$1,803,821,000 | 0.59% |
| Jpmorgan Chase Co |
62.49%
10,328
|
$1,756,793,000 | 0.58% |
| Eli Lilly Co |
2.79%
2,878
|
$1,677,353,000 | 0.55% |
| Visa Inc |
4.30%
6,119
|
$1,592,970,000 | 0.52% |
| Olin Corp. |
Closed
30,862
|
$1,542,504,000 | |
| Unitedhealth Group Inc |
8.57%
2,913
|
$1,533,433,000 | 0.50% |
| Caseys Gen Stores Inc |
Opened
5,553
|
$1,525,655,000 | 0.50% |
| Exxon Mobil Corp. |
58.31%
15,210
|
$1,520,712,000 | 0.50% |
| Cisco Sys Inc |
6.05%
29,031
|
$1,466,646,000 | 0.48% |
| Deckers Outdoor Corp. |
Opened
2,169
|
$1,449,825,000 | 0.47% |
| Accenture Plc Ireland |
216.68%
3,987
|
$1,399,128,000 | 0.46% |
| Quanta Svcs Inc |
0.34%
6,226
|
$1,343,634,000 | 0.44% |
| Ishares Tr |
Opened
11,365
|
$1,123,743,000 | 0.37% |
| Coca-Cola Co |
11.59%
18,875
|
$1,112,304,000 | 0.36% |
| Amazon.com Inc. |
11.89%
7,030
|
$1,068,138,000 | 0.35% |
| Mcdonalds Corp |
39.08%
3,471
|
$1,029,190,000 | 0.34% |
| Abbvie Inc |
11.57%
6,552
|
$1,015,306,000 | 0.33% |
| Worthington Stl Inc |
Opened
35,930
|
$1,009,633,000 | 0.33% |
| Waste Mgmt Inc Del |
1.12%
5,461
|
$978,144,000 | 0.32% |
| Synopsys, Inc. |
4.03%
1,860
|
$957,733,000 | 0.31% |
| Merck Co Inc |
20.92%
8,783
|
$957,552,000 | 0.31% |
| Lockheed Martin Corp. |
2.85%
2,045
|
$927,025,000 | 0.30% |
| NVIDIA Corp |
7.31%
1,820
|
$901,162,000 | 0.30% |
| Service Corp Intl |
0.27%
13,089
|
$895,920,000 | 0.29% |
| Gilead Sciences, Inc. |
11.39%
10,957
|
$887,627,000 | 0.29% |
| Mastercard Incorporated |
1.55%
2,035
|
$867,836,000 | 0.28% |
| United Parcel Service, Inc. |
18.64%
5,461
|
$858,569,000 | 0.28% |
| Tjx Cos Inc New |
29.24%
9,070
|
$850,891,000 | 0.28% |
| Nucor Corp. |
5.46%
4,809
|
$837,008,000 | 0.27% |
| Chevron Corp. |
39.44%
5,542
|
$826,617,000 | 0.27% |
| Truist Finl Corp |
4.13%
22,297
|
$823,205,000 | 0.27% |
| Invesco Exch Traded Fd Tr Ii |
5.98%
25,177
|
$799,612,000 | 0.26% |
| Oracle Corp. |
13.11%
7,552
|
$796,233,000 | 0.26% |
| Mckesson Corporation |
4.33%
1,710
|
$791,697,000 | 0.26% |
| First Tr Exchange Traded Fd |
2.88%
114,256
|
$2,660,559,000 | 0.87% |
| Simon Ppty Group Inc New |
71.32%
5,191
|
$740,468,000 | 0.24% |
| Iron Mtn Inc Del |
4.17%
10,119
|
$708,137,000 | 0.23% |
| AMGEN Inc. |
3.04%
2,236
|
$644,131,000 | 0.21% |
| First Tr Exchange Traded Fd |
Opened
14,541
|
$629,480,000 | 0.21% |
| Ares Capital Corp |
3.81%
29,163
|
$584,131,000 | 0.19% |
| Eaton Corp Plc |
1.86%
2,415
|
$581,532,000 | 0.19% |
| Oreilly Automotive Inc |
1.79%
602
|
$571,948,000 | 0.19% |
| Starbucks Corp. |
20.03%
5,825
|
$559,258,000 | 0.18% |
| Omnicom Group, Inc. |
126.34%
6,186
|
$535,151,000 | 0.18% |
| Illinois Tool Wks Inc |
5.90%
2,024
|
$530,223,000 | 0.17% |
| Radiant Logistics, Inc. |
No change
76,500
|
$507,960,000 | 0.17% |
| Spdr Dow Jones Indl Average |
Opened
1,345
|
$506,890,000 | 0.17% |
| First Tr Exchange Traded Fd |
Closed
8,031
|
$506,238,000 | |
| Vanguard Intl Equity Index F |
6.73%
4,849
|
$498,874,000 | 0.16% |
| Wells Fargo Co New |
0.29%
10,019
|
$493,135,000 | 0.16% |
| Pepsico Inc |
85.16%
2,894
|
$491,474,000 | 0.16% |
| Costco Whsl Corp New |
37.88%
728
|
$480,724,000 | 0.16% |
| Fair Isaac Corp. |
14.33%
407
|
$473,752,000 | 0.16% |
| Empire St Rlty Tr Inc |
3.02%
48,608
|
$471,009,000 | 0.15% |
| Gartner, Inc. |
0.48%
1,042
|
$470,057,000 | 0.15% |
| Cardinal Health, Inc. |
0.30%
4,653
|
$469,022,000 | 0.15% |
| Arch Cap Group Ltd |
0.16%
6,299
|
$467,827,000 | 0.15% |
| Dow Inc |
1.00%
8,398
|
$460,545,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
6.23%
853
|
$452,647,000 | 0.15% |
| Tanger Inc. |
6.04%
15,885
|
$440,326,000 | 0.14% |
| Adobe Inc |
87.53%
737
|
$439,694,000 | 0.14% |
| Welltower Inc. |
5.14%
4,872
|
$439,319,000 | 0.14% |
| Henry Jack Assoc Inc |
3.64%
2,650
|
$433,005,000 | 0.14% |
| Texas Instrs Inc |
6.69%
2,497
|
$425,706,000 | 0.14% |
| Qualcomm, Inc. |
Opened
2,863
|
$414,131,000 | 0.14% |
| Progressive Corp. |
0.58%
2,585
|
$411,739,000 | 0.13% |
| Kite Rlty Group Tr |
3.55%
17,347
|
$396,557,000 | 0.13% |
| Blackstone Secd Lending Fd |
5.65%
13,919
|
$384,727,000 | 0.13% |
| Fs Kkr Cap Corp |
5.08%
19,128
|
$381,979,000 | 0.13% |
| Eastgroup Pptys Inc |
Closed
2,275
|
$378,856,000 | |
| Dell Technologies Inc |
19.56%
4,836
|
$369,988,000 | 0.12% |
| Lowes Cos Inc |
29.45%
1,624
|
$361,490,000 | 0.12% |
| Cigna Group (The) |
Closed
1,240
|
$354,727,000 | |
| Autozone Inc. |
6.21%
136
|
$351,643,000 | 0.12% |
| Valero Energy Corp. |
5.51%
2,661
|
$345,930,000 | 0.11% |
| Ryman Hospitality Pptys Inc |
Opened
3,136
|
$345,148,000 | 0.11% |
| Lyondellbasell Industries N |
16.79%
3,607
|
$342,954,000 | 0.11% |
| Aflac Inc. |
2.45%
3,969
|
$327,443,000 | 0.11% |
| Berkshire Hathaway Inc. |
14.70%
913
|
$325,631,000 | 0.11% |
| General Electric Co. |
Opened
2,528
|
$322,651,000 | 0.11% |
| Dimensional Etf Trust |
No change
11,012
|
$321,881,000 | 0.11% |
| Cencora Inc. |
17.08%
1,563
|
$321,009,000 | 0.11% |
| Select Sector Spdr Tr |
0.78%
3,685
|
$308,977,000 | 0.10% |
| Johnson Johnson |
44.40%
1,942
|
$304,430,000 | 0.10% |
| Elevance Health Inc |
23.46%
642
|
$302,742,000 | 0.10% |
| BorgWarner Inc |
Closed
7,496
|
$302,614,000 | |
| Applied Matls Inc |
7.93%
1,850
|
$299,866,000 | 0.10% |
| Packaging Corp Amer |
Opened
1,807
|
$294,378,000 | 0.10% |
| Honeywell International Inc |
8.92%
1,389
|
$291,287,000 | 0.10% |
| Union Pac Corp |
4.03%
1,161
|
$285,165,000 | 0.09% |
| Abbott Labs |
Opened
2,542
|
$279,749,000 | 0.09% |
| Steel Dynamics Inc. |
0.17%
2,320
|
$274,028,000 | 0.09% |
| Automatic Data Processing In |
3.44%
1,174
|
$273,421,000 | 0.09% |
| Genuine Parts Co. |
37.04%
1,958
|
$271,192,000 | 0.09% |
| American Intl Group Inc |
7.50%
4,001
|
$271,091,000 | 0.09% |
| KLA Corp. |
2.93%
456
|
$265,073,000 | 0.09% |
| Tesla Inc |
11.85%
1,057
|
$262,643,000 | 0.09% |
| Travelers Companies Inc. |
Opened
1,330
|
$253,423,000 | 0.08% |
| Meta Platforms Inc |
Opened
704
|
$249,188,000 | 0.08% |
| Pfizer Inc. |
27.23%
8,497
|
$244,637,000 | 0.08% |
| Parker-Hannifin Corp. |
Opened
507
|
$233,575,000 | 0.08% |
| Wp Carey Inc |
39.20%
3,572
|
$231,514,000 | 0.08% |
| Royal Caribbean Group |
Opened
1,784
|
$231,010,000 | 0.08% |
| Invesco Exch Traded Fd Tr Ii |
Closed
12,095
|
$224,368,000 | |
| Emerson Elec Co |
Closed
2,309
|
$222,932,000 | |
| Nike, Inc. |
Opened
2,033
|
$220,745,000 | 0.07% |
| Cboe Global Mkts Inc |
Opened
1,205
|
$215,165,000 | 0.07% |
| Interpublic Group Cos Inc |
Opened
6,571
|
$214,477,000 | 0.07% |
| Lennar Corp. |
Opened
1,435
|
$213,874,000 | 0.07% |
| Lam Research Corp. |
Opened
272
|
$213,199,000 | 0.07% |
| Yum Brands Inc. |
10.93%
1,630
|
$212,976,000 | 0.07% |
| Paychex Inc. |
3.31%
1,783
|
$212,399,000 | 0.07% |
| CVS Health Corp |
Opened
2,622
|
$207,067,000 | 0.07% |
| Philip Morris International Inc |
4.10%
2,199
|
$206,917,000 | 0.07% |
| Air Prods Chems Inc |
Closed
728
|
$206,315,000 | |
| Kimberly-Clark Corp. |
Opened
1,682
|
$204,381,000 | 0.07% |
| Cion Invt Corp |
Closed
12,228
|
$129,250,000 | |
| Inotiv Inc |
No change
32,887
|
$120,695,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 179 holdings | |||
Hedge funds similar to Monument Capital Management
- Hall Kathryn A
- Bernardo Wealth Planning
- Nvwm
- Flagstar Advisors Inc
- Muhlenkamp & Co Inc
- Vivaldi Capital Management L.P.
- Mcdonald Partners
- Palo Duro Investment Partners, L.P.
- Childress Capital Advisors
- Integris Wealth Management
- Lodge Hill Capital
- Seaview Investment Managers
- Squadra Investments - Gestao De Recursos Ltda
- Marshall