Park Edge Advisors 13F annual report
Park Edge Advisors is an investment fund managing more than $326 billion ran by Richard Lowrie. There are currently 102 companies in Mr. Lowrie’s portfolio. The largest investments include Lincoln Elec Hldgs Inc and Spdr Ser Tr, together worth $140 billion.
$326 billion Assets Under Management (AUM)
As of 19th July 2024, Park Edge Advisors’s top holding is 670,889 shares of Lincoln Elec Hldgs Inc currently worth over $127 billion and making up 38.8% of the portfolio value.
In addition, the fund holds 143,879 shares of Spdr Ser Tr worth $13.2 billion.
The third-largest holding is Ishares Tr worth $18.6 billion and the next is Simplify Exchange Traded Fun worth $40.4 billion, with 1,471,228 shares owned.
Currently, Park Edge Advisors's portfolio is worth at least $326 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 Park Edge Advisors
The Park Edge Advisors office and employees reside in Cleveland, Ohio. According to the last 13-F report filed with the SEC, Richard Lowrie serves as the Chief Compliance Officer at Park Edge Advisors.
Recent trades
In the most recent 13F filing, Park Edge Advisors revealed that it had opened a new position in
EA Series Trust and bought 267,349 shares worth $6.31 billion.
This means they effectively own approximately 0.1% of the company.
EA Series Trust makes up
95.6%
of the fund's Miscellaneous sector allocation and has grown its share price by 6.1% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
3,303 additional shares.
This makes their stake in Spdr Ser Tr total 143,879 shares worth $13.2 billion.
On the other hand, there are companies that Park Edge Advisors is getting rid of from its portfolio.
Park Edge Advisors closed its position in Ishares Tr on 26th July 2024.
It sold the previously owned 95,661 shares for $2.39 billion.
Richard Lowrie also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $18.6 billion and 220,927 shares.
One of the smaller hedge funds
The two most similar investment funds to Park Edge Advisors are Apeiron Ria and M. Kraus & Co. They manage $326 billion and $326 billion respectively.
Richard Lowrie investment strategy
Park Edge Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 4.0% of
the total portfolio value.
The fund focuses on investments in the United States as
41.2% 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
42% 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 $288 billion.
The complete list of Park Edge Advisors trades based on 13F SEC filings
These positions were updated on July 26th 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 |
|---|---|---|---|
| Lincoln Elec Hldgs Inc |
No change
670,889
|
$126,556,501,000 | 38.81% |
| Spdr Ser Tr |
2.35%
143,879
|
$13,205,215,000 | 4.05% |
| Ishares Tr |
0.75%
220,927
|
$18,611,827,000 | 5.71% |
| Simplify Exchange Traded Fun |
15.82%
1,471,228
|
$40,437,368,000 | 12.40% |
| Spdr Gold Tr |
44.71%
39,131
|
$8,413,449,000 | 2.58% |
| Proshares Tr |
41.55%
260,597
|
$8,379,458,000 | 2.57% |
| Invesco Exchange Traded Fd T |
23.36%
105,613
|
$7,551,607,000 | 2.32% |
| Paragon 28, Inc. |
No change
583,143
|
$3,988,698,000 | 1.22% |
| Exxon Mobil Corp. |
26.46%
33,168
|
$3,818,265,000 | 1.17% |
| EA Series Trust |
Opened
267,349
|
$6,306,842,000 | 1.93% |
| Microsoft Corporation |
6.61%
7,191
|
$3,214,132,000 | 0.99% |
| Invesco Db Multi-sector Comm |
1.34%
127,109
|
$3,025,194,000 | 0.93% |
| Procter And Gamble Co |
21.25%
17,348
|
$2,860,989,000 | 0.88% |
| Ishares Tr |
Opened
69,348
|
$4,622,461,000 | 1.42% |
| JPMorgan Chase & Co. |
2.25%
11,324
|
$2,290,378,000 | 0.70% |
| Eli Lilly & Co |
4.17%
2,456
|
$2,223,738,000 | 0.68% |
| Amazon.com Inc. |
5.94%
11,410
|
$2,204,983,000 | 0.68% |
| Ishares Tr |
Closed
95,661
|
$2,388,631,000 | |
| Apple Inc |
5.67%
10,336
|
$2,177,019,000 | 0.67% |
| Global X Fds |
15.35%
99,569
|
$2,826,201,000 | 0.87% |
| NVIDIA Corp |
588.67%
15,199
|
$1,877,686,000 | 0.58% |
| Meta Platforms Inc |
25.09%
3,430
|
$1,729,340,000 | 0.53% |
| Invesco Exch Traded Fd Tr Ii |
17.24%
65,521
|
$2,720,893,000 | 0.83% |
| Emerson Elec Co |
No change
15,505
|
$1,708,031,000 | 0.52% |
| Vanguard Index Fds |
8.94%
12,531
|
$3,111,179,000 | 0.95% |
| Johnson & Johnson |
1.39%
11,156
|
$1,630,581,000 | 0.50% |
| Broadcom Inc |
7.36%
904
|
$1,451,399,000 | 0.45% |
| Berkshire Hathaway Inc. |
1.13%
3,414
|
$1,388,815,000 | 0.43% |
| Netflix Inc. |
5.93%
1,946
|
$1,313,316,000 | 0.40% |
| Costco Whsl Corp New |
0.07%
1,449
|
$1,231,636,000 | 0.38% |
| Invesco Db Us Dlr Index Tr |
16.17%
42,161
|
$1,228,150,000 | 0.38% |
| GE Aerospace |
9.93%
7,712
|
$1,225,977,000 | 0.38% |
| Pepsico Inc |
No change
7,327
|
$1,208,479,000 | 0.37% |
| Booking Holdings Inc |
21.77%
302
|
$1,196,373,000 | 0.37% |
| Alps Etf Tr |
14.02%
51,813
|
$2,329,606,000 | 0.71% |
| Direxion Shs Etf Tr |
Opened
150,781
|
$1,183,631,000 | 0.36% |
| Alphabet Inc |
2.18%
6,275
|
$1,151,018,000 | 0.35% |
| Linde Plc. |
15.90%
2,544
|
$1,116,333,000 | 0.34% |
| Spdr S&p 500 Etf Tr |
11.57%
1,979
|
$1,076,869,000 | 0.33% |
| Schwab Strategic Tr |
25.10%
23,985
|
$1,398,715,000 | 0.43% |
| Steris Plc |
4.58%
4,611
|
$1,012,299,000 | 0.31% |
| Northrop Grumman Corp. |
No change
2,250
|
$980,888,000 | 0.30% |
| J P Morgan Exchange Traded F |
21.32%
17,166
|
$972,969,000 | 0.30% |
| Home Depot, Inc. |
6.35%
2,583
|
$889,194,000 | 0.27% |
| Eaton Corp Plc |
260.47%
2,790
|
$874,805,000 | 0.27% |
| Principal Financial Group In |
No change
10,891
|
$854,399,000 | 0.26% |
| Vanguard Intl Equity Index F |
30.17%
19,049
|
$833,567,000 | 0.26% |
| Proshares Tr Ii |
Opened
8,641
|
$821,837,000 | 0.25% |
| Automatic Data Processing In |
No change
3,346
|
$798,657,000 | 0.24% |
| Visa Inc |
13.77%
3,032
|
$795,823,000 | 0.24% |
| Tjx Cos Inc New |
Opened
7,026
|
$773,563,000 | 0.24% |
| Applied Matls Inc |
46.84%
3,265
|
$770,514,000 | 0.24% |
| Pfizer Inc. |
No change
26,237
|
$734,124,000 | 0.23% |
| ServiceNow Inc |
13.81%
898
|
$706,430,000 | 0.22% |
| Unitedhealth Group Inc |
10.77%
1,384
|
$704,851,000 | 0.22% |
| Intuit Inc |
18.21%
1,058
|
$695,328,000 | 0.21% |
| Progressive Corp. |
Opened
3,281
|
$681,497,000 | 0.21% |
| Abbvie Inc |
5.99%
3,921
|
$672,563,000 | 0.21% |
| Caterpillar Inc. |
5.76%
2,019
|
$672,540,000 | 0.21% |
| Salesforce Inc |
31.42%
2,528
|
$649,983,000 | 0.20% |
| Coherent Corp |
No change
8,935
|
$647,430,000 | 0.20% |
| Bristol-Myers Squibb Co. |
3.15%
15,377
|
$638,607,000 | 0.20% |
| Vanguard Scottsdale Fds |
17.76%
6,770
|
$635,094,000 | 0.19% |
| Ishares Bitcoin Tr |
Opened
18,435
|
$629,371,000 | 0.19% |
| Walmart Inc |
No change
9,199
|
$622,859,000 | 0.19% |
| Select Sector Spdr Tr |
160.16%
4,623
|
$563,405,000 | 0.17% |
| Uber Technologies Inc |
Opened
7,545
|
$548,371,000 | 0.17% |
| Invesco Exch Traded Fd Tr Ii |
Opened
8,398
|
$545,450,000 | 0.17% |
| Merck & Co Inc |
1.16%
4,353
|
$538,901,000 | 0.17% |
| Select Sector Spdr Tr |
Opened
2,918
|
$532,243,000 | 0.16% |
| Grayscale Bitcoin Tr Btc |
Opened
9,410
|
$500,988,000 | 0.15% |
| Moodys Corp |
No change
1,190
|
$500,911,000 | 0.15% |
| Lam Research Corp. |
Opened
464
|
$494,090,000 | 0.15% |
| Abbott Labs |
No change
4,685
|
$486,818,000 | 0.15% |
| Adobe Inc |
Closed
962
|
$485,425,000 | |
| Boeing Co. |
Closed
2,217
|
$427,859,000 | |
| Thomson-Reuters Corp |
No change
2,467
|
$415,862,000 | 0.13% |
| Carrols Restaurant Group Inc. |
Closed
43,510
|
$413,780,000 | |
| International Business Machs |
No change
2,353
|
$406,951,000 | 0.12% |
| First Tr Mid Cap Core Alphad |
5.70%
3,690
|
$400,458,000 | 0.12% |
| First Tr Exch Traded Fd Iii |
0.87%
21,329
|
$370,276,000 | 0.11% |
| Zimmer Biomet Holdings Inc |
No change
3,171
|
$344,149,000 | 0.11% |
| Medtronic Plc |
7.35%
4,275
|
$336,485,000 | 0.10% |
| CSX Corp. |
No change
10,032
|
$335,570,000 | 0.10% |
| Vanguard World Fd |
13.24%
1,245
|
$331,178,000 | 0.10% |
| Ge Vernova Inc |
Opened
1,900
|
$325,869,000 | 0.10% |
| Chubb Limited |
No change
1,224
|
$312,218,000 | 0.10% |
| Chevron Corp. |
14.74%
1,885
|
$294,886,000 | 0.09% |
| Morgan Stanley |
0.71%
2,989
|
$290,462,000 | 0.09% |
| Pnc Finl Svcs Group Inc |
No change
1,812
|
$281,730,000 | 0.09% |
| Oracle Corp. |
No change
1,953
|
$275,730,000 | 0.08% |
| Accenture Plc Ireland |
44.00%
900
|
$273,069,000 | 0.08% |
| Ishares Inc |
Opened
11,879
|
$514,611,000 | 0.16% |
| Paychex Inc. |
No change
2,210
|
$262,018,000 | 0.08% |
| Vanguard Index Fds |
Closed
1,103
|
$259,974,000 | |
| Flux Pwr Hldgs Inc |
1.49%
82,567
|
$256,783,000 | 0.08% |
| Vanguard Charlotte Fds |
26.89%
4,993
|
$243,012,000 | 0.07% |
| Vanguard Scottsdale Fds |
Closed
2,815
|
$239,403,000 | |
| Colgate-Palmolive Co. |
No change
2,451
|
$237,845,000 | 0.07% |
| Vanguard Whitehall Fds |
No change
1,987
|
$235,658,000 | 0.07% |
| Norfolk Southn Corp |
Closed
922
|
$234,990,000 | |
| Philip Morris International Inc |
Closed
2,516
|
$230,506,000 | |
| Virco Mfg Co |
31.06%
16,200
|
$225,828,000 | 0.07% |
| Blackstone Inc |
0.12%
1,730
|
$214,168,000 | 0.07% |
| Alphabet Inc |
Opened
1,160
|
$211,369,000 | 0.06% |
| Vanguard Specialized Funds |
7.25%
1,152
|
$210,247,000 | 0.06% |
| General Mls Inc |
No change
3,311
|
$209,454,000 | 0.06% |
| Union Pac Corp |
No change
921
|
$208,432,000 | 0.06% |
| AXT Inc |
2.08%
47,150
|
$159,367,000 | 0.05% |
| KeyCorp |
No change
10,390
|
$147,642,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||
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