Jessup Wealth Management, Inc 13F annual report
Jessup Wealth Management, Inc is an investment fund managing more than $229 billion ran by Matthew Jessup. There are currently 56 companies in Mr. Jessup’s portfolio. The largest investments include Amazon.com and Apple Inc, together worth $44 billion.
$229 billion Assets Under Management (AUM)
As of 9th April 2024, Jessup Wealth Management, Inc’s top holding is 144,217 shares of Amazon.com currently worth over $26 billion and making up 11.4% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Jessup Wealth Management, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 104,964 shares of Apple Inc worth $18 billion, whose value fell 1.2% in the past six months.
The third-largest holding is Advanced Micro Devices worth $10.4 billion and the next is Spdr Ser Tr worth $10.4 billion, with 108,895 shares owned.
Currently, Jessup Wealth Management, Inc's portfolio is worth at least $229 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 Jessup Wealth Management, Inc
The Jessup Wealth Management, Inc office and employees reside in Dayton, Ohio. According to the last 13-F report filed with the SEC, Matthew Jessup serves as the CCO at Jessup Wealth Management, Inc.
Recent trades
In the most recent 13F filing, Jessup Wealth Management, Inc revealed that it had opened a new position in
Carlyle Inc and bought 162,670 shares worth $7.63 billion.
This means they effectively own approximately 0.1% of the company.
Carlyle Inc makes up
63.6%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Amazon.com by buying
13,464 additional shares.
This makes their stake in Amazon.com total 144,217 shares worth $26 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Jessup Wealth Management, Inc is getting rid of from its portfolio.
Jessup Wealth Management, Inc closed its position in Targa Res Corp on 15th April 2024.
It sold the previously owned 68,374 shares for $5.94 billion.
Matthew Jessup also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $18 billion and 104,964 shares.
One of the smaller hedge funds
The two most similar investment funds to Jessup Wealth Management, Inc are Rogco, L.P. and Legacy Financial Group, Inc. They manage $229 billion and $229 billion respectively.
Matthew Jessup investment strategy
Jessup Wealth Management, Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 26.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
43% 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 $283 billion.
The complete list of Jessup Wealth Management, Inc trades based on 13F SEC filings
These positions were updated on April 15th 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 |
|---|---|---|---|
| Amazon.com Inc. |
10.30%
144,217
|
$26,013,833,000 | 11.37% |
| Apple Inc |
6.19%
104,964
|
$17,999,243,000 | 7.87% |
| Advanced Micro Devices Inc. |
25.57%
57,719
|
$10,417,702,000 | 4.55% |
| Spdr Ser Tr |
12.80%
108,895
|
$10,366,845,000 | 4.53% |
| NVIDIA Corp |
5.99%
11,253
|
$10,167,518,000 | 4.44% |
| Micron Technology Inc. |
26.07%
78,523
|
$9,257,130,000 | 4.05% |
| Ishares Tr |
4.92%
47,468
|
$9,479,064,000 | 4.14% |
| Qualcomm, Inc. |
2,766.59%
48,216
|
$8,163,030,000 | 3.57% |
| Sherwin-Williams Co. |
0.83%
23,428
|
$8,137,263,000 | 3.56% |
| Carlyle Group Inc (The) |
Opened
162,670
|
$7,630,853,000 | 3.33% |
| Ball Corp. |
Opened
111,036
|
$7,479,380,000 | 3.27% |
| Intuit Inc |
1.98%
11,291
|
$7,339,321,000 | 3.21% |
| Macerich Co. |
Opened
419,166
|
$7,222,230,000 | 3.16% |
| Select Sector Spdr Tr |
6.52%
38,322
|
$7,047,067,000 | 3.08% |
| Crowdstrike Holdings Inc |
26.70%
20,940
|
$6,713,155,000 | 2.93% |
| Targa Res Corp |
Closed
68,374
|
$5,939,684,000 | |
| Spdr Ser Tr |
Opened
74,810
|
$5,909,233,000 | 2.58% |
| Archer Daniels Midland Co. |
Closed
80,419
|
$5,807,895,000 | |
| Star Bulk Carriers Corp |
2.00%
232,402
|
$5,547,441,000 | 2.42% |
| American Airls Group Inc |
2,629.55%
350,775
|
$5,384,396,000 | 2.35% |
| Procter And Gamble Co |
0.03%
31,668
|
$5,138,111,000 | 2.25% |
| Tesla Inc |
Closed
20,116
|
$4,998,424,000 | |
| Kkr Co Inc |
7.82%
45,863
|
$4,612,914,000 | 2.02% |
| Alphabet Inc |
60.19%
29,861
|
$4,506,921,000 | 1.97% |
| Valero Energy Corp. |
Opened
26,389
|
$4,504,338,000 | 1.97% |
| Costco Whsl Corp New |
0.79%
5,368
|
$3,932,770,000 | 1.72% |
| Nucor Corp. |
4.69%
16,928
|
$3,350,088,000 | 1.46% |
| Unitedhealth Group Inc |
3.37%
6,396
|
$3,164,060,000 | 1.38% |
| Jpmorgan Chase Co |
67.86%
15,256
|
$3,055,734,000 | 1.34% |
| Microsoft Corporation |
3.86%
7,203
|
$3,030,243,000 | 1.32% |
| T-Mobile US, Inc. |
2.10%
14,578
|
$2,379,436,000 | 1.04% |
| Arhaus Inc |
19.98%
145,185
|
$2,234,397,000 | 0.98% |
| CME Group Inc |
74.27%
7,947
|
$1,710,861,000 | 0.75% |
| Johnson Johnson |
0.42%
10,731
|
$1,697,537,000 | 0.74% |
| Vanguard Index Fds |
12.32%
3,282
|
$1,577,791,000 | 0.69% |
| Innovator ETFs Trust |
Opened
38,218
|
$1,494,706,000 | 0.65% |
| Cincinnati Finl Corp |
No change
11,910
|
$1,478,865,000 | 0.65% |
| Visa Inc |
0.74%
5,051
|
$1,409,668,000 | 0.62% |
| Berkshire Hathaway Inc. |
4.34%
2,479
|
$1,042,469,000 | 0.46% |
| Spdr Sp 500 Etf Tr |
0.35%
1,717
|
$898,092,000 | 0.39% |
| Ishares Inc |
Opened
26,469
|
$840,391,000 | 0.37% |
| TREX Co., Inc. |
0.98%
7,040
|
$702,240,000 | 0.31% |
| Cisco Sys Inc |
Closed
13,800
|
$697,162,000 | |
| Applied Matls Inc |
4.66%
3,194
|
$658,636,000 | 0.29% |
| Upwork Inc |
Closed
44,055
|
$655,098,000 | |
| Nike, Inc. |
Closed
5,963
|
$647,403,000 | |
| Thermo Fisher Scientific Inc. |
5.34%
1,064
|
$618,530,000 | 0.27% |
| Marriott Intl Inc New |
18.59%
2,387
|
$602,264,000 | 0.26% |
| Accenture Plc Ireland |
Opened
1,104
|
$382,602,000 | 0.17% |
| Advanced Drain Sys Inc Del |
Opened
2,152
|
$370,655,000 | 0.16% |
| Mcdonalds Corp |
0.38%
1,315
|
$370,632,000 | 0.16% |
| Palo Alto Networks Inc |
19.60%
1,196
|
$339,819,000 | 0.15% |
| Cencora Inc. |
8.52%
1,375
|
$334,167,000 | 0.15% |
| Eli Lilly Co |
Opened
390
|
$303,072,000 | 0.13% |
| Air Transport Services Grp I |
6.11%
21,791
|
$299,844,000 | 0.13% |
| Western Digital Corp. |
3.18%
3,994
|
$272,551,000 | 0.12% |
| Ishares Tr |
Opened
2,345
|
$259,240,000 | 0.11% |
| Ishares Tr |
Closed
3,061
|
$251,099,000 | |
| Nu Hldgs Ltd |
Opened
18,620
|
$222,137,000 | 0.10% |
| Disney Walt Co |
Opened
1,809
|
$221,317,000 | 0.10% |
| KeyCorp |
Closed
14,954
|
$215,341,000 | |
| Ulta Beauty Inc |
Opened
407
|
$212,812,000 | 0.09% |
| Mastercard Incorporated |
Opened
433
|
$208,743,000 | 0.09% |
| Alphabet Inc |
Closed
1,425
|
$200,825,000 | |
| Fs Credit Opportunities Corp |
No change
18,844
|
$111,745,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 65 holdings | |||
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