Sheets Smith Investment Management 13F annual report

Sheets Smith Investment Management is an investment fund managing more than $91.3 billion ran by Sahil Chitalia. There are currently 28 companies in Chitalia’s portfolio. The largest investments include Goldman Sachs Etf Tr and Ishares Tr, together worth $61.8 billion.

$91.3 billion Assets Under Management (AUM)

As of 3rd February 2023, Sheets Smith Investment Management’s top holding is 574,600 shares of Goldman Sachs Etf Tr currently worth over $57.3 billion and making up 62.8% of the portfolio value. In addition, the fund holds 18,869 shares of Ishares Tr worth $4.45 billion. The third-largest holding is Vanguard Scottsdale Fds worth $2.91 billion and the next is Exxon Mobil worth $2.64 billion, with 23,095 shares owned.

Currently, Sheets Smith Investment Management's portfolio is worth at least $91.3 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 Sheets Smith Investment Management

The Sheets Smith Investment Management office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Sahil Chitalia serves as the Operations and Trading Specialist at Sheets Smith Investment Management.

Recent trades

In the most recent 13F filing, Sheets Smith Investment Management revealed that it had opened a new position in Arch Cap Group Ltd and bought 20,172 shares worth $1.29 billion.

The investment fund also strengthened its position in Goldman Sachs Etf Tr by buying 161,216 additional shares. This makes their stake in Goldman Sachs Etf Tr total 574,600 shares worth $57.3 billion.

On the other hand, there are companies that Sheets Smith Investment Management is getting rid of from its portfolio. Sheets Smith Investment Management closed its position in Ishares Tr on 10th February 2023. It sold the previously owned 31,666 shares for $3.2 million. Sahil Chitalia also disclosed a decreased stake in Ishares Tr by 0.2%. This leaves the value of the investment at $4.45 billion and 18,869 shares.

One of the average hedge funds

The two most similar investment funds to Sheets Smith Investment Management are Indie Asset Partners and Darrow. They manage $91.2 billion and $91.5 billion respectively.

Sahil Chitalia investment strategy

Sheets Smith Investment Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Energy — making up 5.1% of the total portfolio value. The fund focuses on investments in the United States as 42.9% 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 21% of the total holdings value. On the other hand, small-cap stocks make up only 3.6% of the portfolio. The average market cap of the portfolio companies is close to $207 billion.

The complete list of Sheets Smith Investment Management trades based on 13F SEC filings

These positions were updated on February 10th 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
Goldman Sachs Etf Tr	39.00% 574,600	$57,322,096,000	62.80%
Ishares Tr	15.51% 18,869	$4,451,952,000	4.88%
Vanguard Scottsdale Fds	11.32% 50,206	$2,906,927,000	3.18%
Exxon Mobil Corp.	4.56% 23,095	$2,640,913,000	2.89%
Microsoft Corporation	9.48% 8,570	$2,259,223,000	2.48%
Bancorp Inc. (The)	2.26% 48,486	$1,705,253,000	1.87%
Fluor Corp New	1.00% 45,375	$1,598,561,000	1.75%
Fiserv, Inc.	1.47% 13,542	$1,577,643,000	1.73%
Oreilly Automotive Inc	0.48% 1,864	$1,522,888,000	1.67%
Arch Cap Group Ltd	Opened 20,172	$1,293,025,000	1.42%
Diamondback Energy Inc	4.25% 9,057	$1,281,294,000	1.40%
Sterling Infrastructure Inc	4.02% 34,573	$1,241,862,000	1.36%
T-Mobile US, Inc.	0.74% 8,144	$1,163,370,000	1.27%
Performance Food Group Company	Opened 19,331	$1,138,789,000	1.25%
Valaris Limited	Opened 11,759	$917,202,000	1.00%
Post Holdings Inc	1.39% 9,688	$868,820,000	0.95%
Cardinal Health, Inc.	Opened 11,035	$863,599,000	0.95%
Championx Corporation	Opened 26,404	$816,148,000	0.89%
Myers Inds Inc	Opened 33,928	$792,897,000	0.87%
Schlumberger Ltd	Opened 14,372	$773,788,000	0.85%
Halliburton Co.	Opened 19,767	$744,425,000	0.82%
Vanguard Bd Index Fds	Opened 12,760	$626,261,000	0.69%
Halozyme Therapeutics Inc.	1.41% 11,896	$587,424,000	0.64%
Harmony Biosciences Hldgs In	4.35% 11,367	$544,138,000	0.60%
Shoals Technologies Group In	Opened 20,122	$492,989,000	0.54%
Ishares Tr	Opened 6,825	$484,439,000	0.53%
Vanguard Scottsdale Fds	Opened 4,554	$345,375,000	0.38%
International Mny Express In	70.77% 13,955	$315,662,000	0.35%
Ishares Tr	Closed 31,666	$3,203,000
Alphabet Inc	Closed 22,297	$2,634,000
Unitedhealth Group Inc	Closed 4,066	$2,229,000
Cheniere Energy Inc.	Closed 9,218	$1,529,000
Fedex Corp	Closed 6,126	$1,420,000
PayPal Holdings Inc	Closed 13,151	$1,270,000
Cigna Corp.	Closed 4,239	$1,242,000
Chart Inds Inc	Closed 6,254	$1,227,000
Advanced Micro Devices Inc.	Closed 12,030	$1,154,000
Chemours Company	Closed 24,813	$912,000
Molina Healthcare Inc	Closed 2,656	$881,000
Mastercard Incorporated	Closed 2,283	$809,000
Stock Yds Bancorp Inc	Closed 8,397	$593,000
No transactions found
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