Financial Partners Capital Management 13F annual report
Financial Partners Capital Management is an investment fund managing more than $448 billion ran by Albania Tavarez. There are currently 103 companies in Tavarez’s portfolio. The largest investments include Philip Morris International Inc and Microsoft, together worth $38.7 billion.
$448 billion Assets Under Management (AUM)
As of 21st February 2023, Financial Partners Capital Management’s top holding is 206,959 shares of Philip Morris International Inc currently worth over $20.9 billion and making up 4.7% of the portfolio value.
Relative to the number of outstanding shares of Philip Morris International Inc, Financial Partners Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 73,971 shares of Microsoft worth $17.7 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Procter And Gamble Co worth $16.8 billion and the next is JPMorgan Chase & Co worth $16.1 billion, with 120,133 shares owned.
Currently, Financial Partners Capital Management's portfolio is worth at least $448 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 Financial Partners Capital Management
The Financial Partners Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Albania Tavarez serves as the Office Manager at Financial Partners Capital Management.
Recent trades
In the most recent 13F filing, Financial Partners Capital Management revealed that it had opened a new position in
AT&T and bought 144,347 shares worth $2.66 billion.
This means they effectively own approximately 0.1% of the company.
AT&T makes up
23.9%
of the fund's Communication Services sector allocation and has decreased its share price by 9.2% in the past year.
The investment fund also strengthened its position in Philip Morris International Inc by buying
62 additional shares.
This makes their stake in Philip Morris International Inc total 206,959 shares worth $20.9 billion.
Philip Morris International Inc dropped 2.9% in the past year.
On the other hand, there are companies that Financial Partners Capital Management is getting rid of from its portfolio.
Financial Partners Capital Management closed its position in Avalara Inc on 28th February 2023.
It sold the previously owned 66,913 shares for $6.14 billion.
Albania Tavarez also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $17.7 billion and 73,971 shares.
One of the largest hedge funds
The two most similar investment funds to Financial Partners Capital Management are Biondo Investment Advisors and Cadinha & Co. They manage $449 billion and $448 billion respectively.
Albania Tavarez investment strategy
Financial Partners Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 14.9% of
the total portfolio value.
The fund focuses on investments in the United States as
53.4% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $226 billion.
The complete list of Financial Partners Capital Management trades based on 13F SEC filings
These positions were updated on February 28th 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 |
|---|---|---|---|
| Philip Morris International Inc |
0.03%
206,959
|
$20,946,334,000 | 4.67% |
| Microsoft Corporation |
1.63%
73,971
|
$17,739,759,000 | 3.96% |
| Procter And Gamble Co |
2.49%
110,644
|
$16,769,160,000 | 3.74% |
| JPMorgan Chase & Co. |
0.20%
120,133
|
$16,109,827,000 | 3.59% |
| Goldman Sachs Group, Inc. |
0.60%
46,191
|
$15,860,909,000 | 3.54% |
| Spdr S&p Midcap 400 Etf Tr |
0.02%
32,830
|
$14,536,889,000 | 3.24% |
| Chevron Corp. |
0.69%
79,240
|
$14,222,812,000 | 3.17% |
| Merck & Co Inc |
0.44%
127,515
|
$14,147,788,000 | 3.15% |
| Pfizer Inc. |
0.18%
254,633
|
$13,047,388,000 | 2.91% |
| IQVIA Holdings Inc |
0.92%
62,668
|
$12,840,047,000 | 2.86% |
| Select Sector Spdr Tr |
2.78%
193,137
|
$14,162,264,000 | 3.16% |
| Citigroup Inc |
2.70%
245,797
|
$11,117,385,000 | 2.48% |
| Zimmer Biomet Holdings Inc |
0.45%
87,042
|
$11,097,852,000 | 2.47% |
| Ishares Tr |
10.69%
210,268
|
$17,268,889,000 | 3.85% |
| Spdr S&p 500 Etf Tr |
16.72%
25,092
|
$9,595,934,000 | 2.14% |
| Apple Inc |
1.92%
72,211
|
$9,382,375,000 | 2.09% |
| Berkshire Hathaway Inc. |
4.51%
28,433
|
$8,782,954,000 | 1.96% |
| Devon Energy Corp. |
6.48%
140,657
|
$8,651,809,000 | 1.93% |
| Alphabet Inc |
1.25%
186,500
|
$16,501,513,000 | 3.68% |
| Ishares Gold Tr |
5.68%
225,905
|
$7,814,054,000 | 1.74% |
| Simon Ppty Group Inc New |
0.87%
65,085
|
$7,646,220,000 | 1.71% |
| Amazon.com Inc. |
5.20%
89,919
|
$7,553,196,000 | 1.68% |
| PayPal Holdings Inc |
8.31%
96,629
|
$6,881,917,000 | 1.53% |
| Kinder Morgan Inc |
1.34%
340,868
|
$6,162,892,000 | 1.37% |
| Avalara Inc |
Closed
66,913
|
$6,142,613,000 | |
| Hilton Worldwide Holdings Inc |
0.58%
47,506
|
$6,002,858,000 | 1.34% |
| Lockheed Martin Corp. |
3.70%
11,864
|
$5,771,478,000 | 1.29% |
| Verizon Communications Inc |
28.40%
142,739
|
$5,623,933,000 | 1.25% |
| Conagra Brands Inc |
1.99%
138,200
|
$5,348,323,000 | 1.19% |
| Goldman Sachs Etf Tr |
19.86%
50,570
|
$5,042,335,000 | 1.12% |
| Boston Properties, Inc. |
64.27%
74,020
|
$5,002,272,000 | 1.12% |
| Zoetis Inc |
2.09%
32,980
|
$4,833,219,000 | 1.08% |
| Visa Inc |
5.36%
22,403
|
$4,654,447,000 | 1.04% |
| Meta Platforms Inc |
1.46%
34,054
|
$4,098,058,000 | 0.91% |
| Salesforce Inc |
4.24%
29,359
|
$3,892,710,000 | 0.87% |
| General Mls Inc |
4.18%
46,358
|
$3,887,095,000 | 0.87% |
| Vanguard Index Fds |
15.34%
12,242
|
$4,081,285,000 | 0.91% |
| Schwab Strategic Tr |
6.48%
44,632
|
$3,371,530,000 | 0.75% |
| American Express Co. |
10.75%
21,965
|
$3,245,329,000 | 0.72% |
| Unilever plc |
5.68%
62,326
|
$3,138,101,000 | 0.70% |
| Electronic Arts, Inc. |
0.89%
23,366
|
$2,854,888,000 | 0.64% |
| The Southern Co. |
2.83%
39,577
|
$2,826,195,000 | 0.63% |
| Mid-amer Apt Cmntys Inc |
3.04%
17,991
|
$2,824,363,000 | 0.63% |
| Spdr Ser Tr |
14.13%
30,381
|
$2,778,950,000 | 0.62% |
| AT&T Inc. |
Opened
144,347
|
$2,657,428,000 | 0.59% |
| Booking Holdings Inc |
3.22%
1,231
|
$2,480,810,000 | 0.55% |
| Camden Ppty Tr |
1.27%
21,210
|
$2,372,944,000 | 0.53% |
| Healthcare Rlty Tr |
2.88%
121,713
|
$2,345,408,000 | 0.52% |
| Elanco Animal Health Inc |
Closed
181,175
|
$2,248,382,000 | |
| Kellogg Co |
0.24%
30,902
|
$2,201,463,000 | 0.49% |
| Vanguard Scottsdale Fds |
13.39%
37,404
|
$2,162,699,000 | 0.48% |
| Altria Group Inc. |
3.56%
46,568
|
$2,128,623,000 | 0.47% |
| Vanguard Intl Equity Index F |
65.86%
86,079
|
$3,810,453,000 | 0.85% |
| Pepsico Inc |
No change
11,313
|
$2,043,807,000 | 0.46% |
| Brinks Co |
0.78%
36,472
|
$1,958,887,000 | 0.44% |
| Walmart Inc |
0.80%
13,793
|
$1,955,683,000 | 0.44% |
| Vanguard Tax-managed Fds |
81.67%
45,055
|
$1,890,958,000 | 0.42% |
| J P Morgan Exchange Traded F |
42.63%
41,483
|
$1,862,587,000 | 0.42% |
| Palantir Technologies Inc. |
7.54%
288,275
|
$1,850,726,000 | 0.41% |
| Exxon Mobil Corp. |
1.54%
16,604
|
$1,831,421,000 | 0.41% |
| Gaming & Leisure Pptys Inc |
3.08%
34,993
|
$1,822,804,000 | 0.41% |
| Alibaba Group Hldg Ltd |
11.81%
20,335
|
$1,791,310,000 | 0.40% |
| Take-two Interactive Softwar |
Closed
16,165
|
$1,761,985,000 | |
| Alcoa Corp |
0.64%
37,981
|
$1,727,008,000 | 0.39% |
| Vornado Rlty Tr |
Closed
73,471
|
$1,701,577,000 | |
| Diageo plc |
3.82%
9,349
|
$1,665,979,000 | 0.37% |
| Dominion Energy Inc |
8.44%
25,972
|
$1,592,597,000 | 0.36% |
| International Business Machs |
No change
11,089
|
$1,562,296,000 | 0.35% |
| Flywire Corporation |
No change
62,421
|
$1,527,442,000 | 0.34% |
| Mondelez International Inc. |
No change
22,249
|
$1,482,896,000 | 0.33% |
| Ameriprise Finl Inc |
No change
4,600
|
$1,432,302,000 | 0.32% |
| M & T Bk Corp |
1.63%
9,020
|
$1,308,464,000 | 0.29% |
| Duke Energy Corp. |
0.56%
12,499
|
$1,287,319,000 | 0.29% |
| Union Pac Corp |
9.34%
5,736
|
$1,187,831,000 | 0.26% |
| NVIDIA Corp |
Closed
9,670
|
$1,173,843,000 | |
| Vanguard World Fds |
7.98%
7,913
|
$1,770,392,000 | 0.39% |
| Vanguard Bd Index Fds |
0.03%
14,665
|
$1,103,981,000 | 0.25% |
| Freeport-McMoRan Inc |
5.77%
27,522
|
$1,045,843,000 | 0.23% |
| 3M Co. |
2.07%
8,640
|
$1,036,168,000 | 0.23% |
| Bank America Corp |
1.17%
30,604
|
$1,013,604,000 | 0.23% |
| TotalEnergies SE |
3.50%
15,860
|
$984,589,000 | 0.22% |
| Johnson & Johnson |
No change
5,303
|
$936,775,000 | 0.21% |
| Pimco Etf Tr |
0.54%
9,343
|
$921,687,000 | 0.21% |
| Colgate-Palmolive Co. |
No change
11,250
|
$886,388,000 | 0.20% |
| Abbott Labs |
No change
7,569
|
$831,001,000 | 0.19% |
| Cadence Design System Inc |
No change
4,987
|
$801,112,000 | 0.18% |
| Listed Fd Tr |
25.79%
21,837
|
$687,429,000 | 0.15% |
| Disney Walt Co |
14.35%
6,456
|
$560,886,000 | 0.13% |
| Abbvie Inc |
No change
3,336
|
$539,131,000 | 0.12% |
| Prologis Inc |
No change
4,614
|
$520,136,000 | 0.12% |
| Paramount Global |
24.21%
28,993
|
$489,406,000 | 0.11% |
| General Electric Co. |
3.59%
5,023
|
$420,835,000 | 0.09% |
| Uber Technologies Inc |
No change
16,838
|
$416,404,000 | 0.09% |
| Coca-Cola Co |
No change
6,538
|
$415,882,000 | 0.09% |
| Cisco Sys Inc |
No change
8,050
|
$383,502,000 | 0.09% |
| Vista Outdoor Inc |
28.53%
14,395
|
$350,806,000 | 0.08% |
| Bristol-Myers Squibb Co. |
No change
4,847
|
$348,742,000 | 0.08% |
| Home Depot, Inc. |
1.08%
1,095
|
$345,867,000 | 0.08% |
| Nuveen Mun Value Fd Inc |
21.70%
32,371
|
$278,391,000 | 0.06% |
| Global X Fds |
No change
6,064
|
$247,169,000 | 0.06% |
| Target Corp |
No change
1,633
|
$243,382,000 | 0.05% |
| British Amern Tob Plc |
No change
6,000
|
$239,880,000 | 0.05% |
| Unitedhealth Group Inc |
No change
447
|
$236,990,000 | 0.05% |
| Petroleo Brasileiro Sa Petro |
No change
10,000
|
$106,500,000 | 0.02% |
| Empire St Rlty Tr Inc |
No change
15,000
|
$101,100,000 | 0.02% |
| Grupo Aval Acciones Y Valore |
No change
24,100
|
$60,973,000 | 0.01% |
| Cognition Therapeutics Inc |
Opened
14,228
|
$29,879,000 | 0.01% |
| Akebia Therapeutics Inc. |
No change
27,486
|
$15,859,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 108 holdings | |||
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