Grace & Mercy Foundation is an investment fund managing more than $330 billion ran by Imhyuk Yi. There are currently 20 companies in Yi’s portfolio. The largest investments include Alphabet Inc and Meta Platforms Inc, together worth $118 billion.
As of 7th November 2023, Grace & Mercy Foundation’s top holding is 453,300 shares of Alphabet Inc currently worth over $59.3 billion and making up 18.0% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Grace & Mercy Foundation owns more than approximately 0.1% of the company.
In addition, the fund holds 195,375 shares of Meta Platforms Inc worth $58.7 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Amazon.com worth $56.3 billion and the next is Microsoft worth $40.8 billion, with 129,230 shares owned.
Currently, Grace & Mercy Foundation's portfolio is worth at least $330 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.
The Grace & Mercy Foundation office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Imhyuk Yi serves as the Treasurer of The Grace & Mercy Foundation, Inc. at Grace & Mercy Foundation.
In the most recent 13F filing, Grace & Mercy Foundation revealed that it had opened a new position in
Disney Walt Co and bought 235,000 shares worth $19 billion.
The investment fund also strengthened its position in Alphabet Inc by buying
162,500 additional shares.
This makes their stake in Alphabet Inc total 453,300 shares worth $59.3 billion.
Alphabet Inc soared 38.0% in the past year.
On the other hand, there are companies that Grace & Mercy Foundation is getting rid of from its portfolio.
Grace & Mercy Foundation closed its position in NVIDIA Corp on 14th November 2023.
It sold the previously owned 36,353 shares for $5.31 billion.
Imhyuk Yi also disclosed a decreased stake in Meta Platforms Inc by 0.3%.
This leaves the value of the investment at $58.7 billion and 195,375 shares.
The two most similar investment funds to Grace & Mercy Foundation are Nextech Invest and Ica Wealth Management. They manage $330 billion and $330 billion respectively.
Grace & Mercy Foundation’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 64.3% of
the total portfolio value.
The fund focuses on investments in the United States as
70.0% 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
65% 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 $445 billion.
These positions were updated on November 14th 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 |
|---|---|---|---|
| Alphabet Inc |
55.88%
453,300
|
$59,318,838,000 | 17.97% |
| Meta Platforms Inc |
30.35%
195,375
|
$58,653,529,000 | 17.76% |
| Amazon.com Inc. |
58.68%
443,200
|
$56,339,584,000 | 17.06% |
| Microsoft Corporation |
12.74%
129,230
|
$40,804,373,000 | 12.36% |
| Adobe Inc |
5.28%
55,800
|
$28,452,420,000 | 8.62% |
| Netflix Inc. |
6.80%
55,000
|
$20,768,000,000 | 6.29% |
| Disney Walt Co |
Opened
235,000
|
$19,046,750,000 | 5.77% |
| ServiceNow Inc |
49.40%
21,000
|
$11,738,160,000 | 3.55% |
| Unity Software Inc. |
87.38%
362,400
|
$11,375,736,000 | 3.45% |
| Apple Inc |
44.83%
60,300
|
$10,323,963,000 | 3.13% |
| NVIDIA Corp |
Closed
36,353
|
$5,312,627,000 | |
| Roblox Corporation |
22.11%
149,100
|
$4,317,936,000 | 1.31% |
| Taiwan Semiconductor Mfg Ltd |
Opened
27,000
|
$2,346,300,000 | 0.71% |
| Alibaba Group Hldg Ltd |
Opened
16,000
|
$1,387,840,000 | 0.42% |
| Salesforce Inc |
Opened
5,500
|
$1,115,290,000 | 0.34% |
| Procore Technologies, Inc. |
No change
13,925
|
$909,581,000 | 0.28% |
| V F Corp |
Opened
48,000
|
$848,160,000 | 0.26% |
| Coinbase Global Inc |
No change
10,719
|
$804,783,000 | 0.24% |
| Etsy Inc |
Opened
11,500
|
$742,670,000 | 0.22% |
| Chewy Inc |
Opened
33,000
|
$602,580,000 | 0.18% |
| Asml Holding N V |
Opened
500
|
$294,330,000 | 0.09% |
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| Showing first 500 out of 21 holdings | |||