Profit Investment Management 13F annual report
Profit Investment Management is an investment fund managing more than $160 billion ran by Gery Sadzewicz. There are currently 80 companies in Mr. Sadzewicz’s portfolio. The largest investments include Crocs Inc and Viking Therapeutics Inc, together worth $12 billion.
$160 billion Assets Under Management (AUM)
As of 5th July 2024, Profit Investment Management’s top holding is 45,612 shares of Crocs Inc currently worth over $6.66 billion and making up 4.2% of the portfolio value.
Relative to the number of outstanding shares of Crocs Inc, Profit Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 100,223 shares of Viking Therapeutics Inc worth $5.31 billion, whose value grew 173.5% in the past six months.
The third-largest holding is G-III Apparel worth $5 billion and the next is Scansource worth $4.95 billion, with 111,712 shares owned.
Currently, Profit Investment Management's portfolio is worth at least $160 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 Profit Investment Management
The Profit Investment Management office and employees reside in North Bethesda, Maryland. According to the last 13-F report filed with the SEC, Gery Sadzewicz serves as the Chief Compliance Officer at Profit Investment Management.
Recent trades
In the most recent 13F filing, Profit Investment Management revealed that it had opened a new position in
Eli Lilly Co and bought 771 shares worth $698 million.
The investment fund also strengthened its position in Viking Therapeutics Inc by buying
4,142 additional shares.
This makes their stake in Viking Therapeutics Inc total 100,223 shares worth $5.31 billion.
Viking Therapeutics Inc soared 281.0% in the past year.
On the other hand, there are companies that Profit Investment Management is getting rid of from its portfolio.
Profit Investment Management closed its position in American Eqty Invt Life Hld on 12th July 2024.
It sold the previously owned 75,554 shares for $4.25 billion.
Gery Sadzewicz also disclosed a decreased stake in Crocs Inc by approximately 0.1%.
This leaves the value of the investment at $6.66 billion and 45,612 shares.
One of the smallest hedge funds
The two most similar investment funds to Profit Investment Management are Nucleo Capital Ltda and Summerhaven Investment Management. They manage $160 billion and $160 billion respectively.
Gery Sadzewicz investment strategy
Profit Investment Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 17.4% of
the total portfolio value.
The fund focuses on investments in the United States as
67.5% 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 approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $177 billion.
The complete list of Profit Investment Management trades based on 13F SEC filings
These positions were updated on July 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 |
|---|---|---|---|
| Crocs Inc |
5.49%
45,612
|
$6,656,616,000 | 4.17% |
| Viking Therapeutics Inc |
4.31%
100,223
|
$5,312,823,000 | 3.32% |
| G-III Apparel Group Ltd. |
6.20%
184,811
|
$5,002,835,000 | 3.13% |
| Scansource, Inc. |
5.61%
111,712
|
$4,949,958,000 | 3.10% |
| Plexus Corp. |
6.91%
43,042
|
$4,441,075,000 | 2.78% |
| FirstCash Holdings Inc |
7.43%
41,317
|
$4,333,327,000 | 2.71% |
| Mastec Inc. |
5.90%
40,366
|
$4,318,758,000 | 2.70% |
| American Eqty Invt Life Hld |
Closed
75,554
|
$4,247,646,000 | |
| Live Oak Bancshares Inc |
6.90%
119,955
|
$4,205,624,000 | 2.63% |
| Wesco International, Inc. |
7.66%
23,648
|
$3,748,681,000 | 2.35% |
| Under Armour Inc |
0.71%
569,878
|
$3,721,304,000 | 2.33% |
| Topgolf Callaway Brands Corp |
6.62%
240,195
|
$3,674,985,000 | 2.30% |
| Helmerich Payne Inc |
24.76%
99,549
|
$3,597,700,000 | 2.25% |
| Terex Corp. |
61.25%
64,994
|
$3,564,270,000 | 2.23% |
| Janus Henderson Group plc |
6.54%
105,173
|
$3,545,381,000 | 2.22% |
| Oppenheimer Holdings Inc |
2.25%
73,839
|
$3,537,627,000 | 2.21% |
| WD-40 Co. |
0.27%
16,067
|
$3,528,957,000 | 2.21% |
| Patterson Cos Inc |
6.29%
144,750
|
$3,491,369,000 | 2.19% |
| Goodyear Tire Rubr Co |
69.56%
301,024
|
$3,416,622,000 | 2.14% |
| Kratos Defense Sec Solutio |
32.33%
170,101
|
$3,403,721,000 | 2.13% |
| Boston Beer Co., Inc. |
6.17%
10,987
|
$3,351,585,000 | 2.10% |
| Reliance Inc. |
43.65%
11,715
|
$3,345,804,000 | 2.09% |
| Vanda Pharmaceuticals Inc |
159.31%
571,324
|
$3,227,984,000 | 2.02% |
| Envista Holdings Corp |
44.54%
193,429
|
$3,216,723,000 | 2.01% |
| Regal Rexnord Corporation |
6.51%
22,962
|
$3,104,922,000 | 1.94% |
| Winnebago Inds Inc |
7.51%
56,036
|
$3,037,151,000 | 1.90% |
| Insperity Inc |
7.33%
33,122
|
$3,021,058,000 | 1.89% |
| Synaptics Inc |
27.96%
32,962
|
$2,907,249,000 | 1.82% |
| John Bean Technologies Corp |
6.56%
30,448
|
$2,891,645,000 | 1.81% |
| Fair Isaac Corp. |
52.97%
1,847
|
$2,749,557,000 | 1.72% |
| Sally Beauty Holdings Inc |
78.27%
249,365
|
$2,675,686,000 | 1.67% |
| Rollins, Inc. |
49.93%
53,244
|
$2,597,776,000 | 1.63% |
| Netflix Inc. |
3.35%
3,206
|
$2,163,666,000 | 1.35% |
| Microsoft Corporation |
0.76%
4,689
|
$2,095,750,000 | 1.31% |
| Apple Inc |
4.65%
9,719
|
$2,047,016,000 | 1.28% |
| NVIDIA Corp |
406.87%
16,316
|
$2,015,678,000 | 1.26% |
| Take-two Interactive Softwar |
10.25%
11,546
|
$1,795,288,000 | 1.12% |
| Alphabet Inc |
1.32%
12,323
|
$2,249,148,000 | 1.41% |
| Globus Med Inc |
10.71%
22,543
|
$1,543,969,000 | 0.97% |
| Home Depot, Inc. |
9.61%
4,196
|
$1,444,431,000 | 0.90% |
| Visa Inc |
No change
5,435
|
$1,426,524,000 | 0.89% |
| Forward Air Corp. |
Closed
42,341
|
$1,317,228,000 | |
| American Express Co. |
No change
5,677
|
$1,314,509,000 | 0.82% |
| Jpmorgan Chase Co. |
No change
6,327
|
$1,279,699,000 | 0.80% |
| Tesla Inc |
No change
6,064
|
$1,199,946,000 | 0.75% |
| Abbvie Inc |
No change
6,708
|
$1,150,556,000 | 0.72% |
| Eagle Bancorp Inc Md |
15.52%
60,555
|
$1,144,492,000 | 0.72% |
| Disney Walt Co |
22.07%
11,265
|
$1,118,502,000 | 0.70% |
| Costco Whsl Corp New |
No change
1,310
|
$1,113,487,000 | 0.70% |
| Factset Resh Sys Inc |
32.59%
2,665
|
$1,088,040,000 | 0.68% |
| Intel Corp. |
17.20%
34,859
|
$1,079,581,000 | 0.68% |
| AMGEN Inc. |
2.40%
3,450
|
$1,077,952,000 | 0.67% |
| Procter And Gamble Co |
No change
6,148
|
$1,013,929,000 | 0.63% |
| Unitedhealth Group Inc |
No change
1,974
|
$1,005,280,000 | 0.63% |
| Pepsico Inc |
37.50%
5,958
|
$982,653,000 | 0.61% |
| Epam Sys Inc |
13.06%
4,966
|
$934,155,000 | 0.58% |
| Moderna Inc |
12.99%
7,767
|
$922,330,000 | 0.58% |
| Nike, Inc. |
19.73%
11,421
|
$860,799,000 | 0.54% |
| Ford Mtr Co Del |
No change
66,603
|
$835,202,000 | 0.52% |
| Mccormick Co Inc |
No change
10,259
|
$727,773,000 | 0.46% |
| Eli Lilly Co |
Opened
771
|
$698,047,000 | 0.44% |
| Goldman Sachs Group, Inc. |
No change
1,507
|
$681,646,000 | 0.43% |
| Block Inc |
8.39%
9,164
|
$590,987,000 | 0.37% |
| Akamai Technologies Inc |
20.06%
6,385
|
$575,160,000 | 0.36% |
| RTX Corp |
Opened
5,606
|
$562,787,000 | 0.35% |
| United Parcel Service, Inc. |
14.67%
4,001
|
$547,537,000 | 0.34% |
| Target Corp |
No change
3,515
|
$520,359,000 | 0.33% |
| Fedex Corp |
No change
1,684
|
$504,931,000 | 0.32% |
| Vertex Pharmaceuticals, Inc. |
Opened
1,011
|
$473,876,000 | 0.30% |
| Cisco Sys Inc |
No change
9,950
|
$472,726,000 | 0.30% |
| Kimberly-Clark Corp. |
No change
3,360
|
$464,353,000 | 0.29% |
| HCA Healthcare Inc |
11.84%
1,377
|
$442,402,000 | 0.28% |
| Honeywell International Inc |
Opened
1,949
|
$416,189,000 | 0.26% |
| Eastman Chem Co |
No change
3,631
|
$355,729,000 | 0.22% |
| Petmed Express, Inc. |
15.76%
81,090
|
$328,416,000 | 0.21% |
| Pfizer Inc. |
No change
11,595
|
$324,429,000 | 0.20% |
| Starbucks Corp. |
No change
4,154
|
$323,389,000 | 0.20% |
| Cooper Cos Inc |
Opened
3,636
|
$317,422,000 | 0.20% |
| Adobe Inc |
Opened
546
|
$303,326,000 | 0.19% |
| Medtronic Plc |
No change
3,177
|
$250,060,000 | 0.16% |
| Aptiv PLC |
No change
3,065
|
$215,836,000 | 0.14% |
| Waste Mgmt Inc Del |
No change
969
|
$206,726,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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