Schmidt P J Investment Management Inc 13F annual report
Schmidt P J Investment Management Inc is an investment fund managing more than $543 billion ran by Patrick Sommerfield. There are currently 128 companies in Mr. Sommerfield’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $72.6 billion.
$543 billion Assets Under Management (AUM)
As of 22nd July 2024, Schmidt P J Investment Management Inc’s top holding is 86,832 shares of Microsoft currently worth over $38.8 billion and making up 7.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Schmidt P J Investment Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 160,565 shares of Apple Inc worth $33.8 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Ishares Tr worth $71.9 billion and the next is Schneider National Inc worth $23.5 billion, with 973,799 shares owned.
Currently, Schmidt P J Investment Management Inc's portfolio is worth at least $543 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 Schmidt P J Investment Management Inc
The Schmidt P J Investment Management Inc office and employees reside in Cedarburg, Wisconsin. According to the last 13-F report filed with the SEC, Patrick Sommerfield serves as the Cheif Complaince Officer at Schmidt P J Investment Management Inc.
Recent trades
In the most recent 13F filing, Schmidt P J Investment Management Inc revealed that it had opened a new position in
Capital Grp Fixed Incm Etf T and bought 8,891 shares worth $239 million.
The investment fund also strengthened its position in Microsoft by buying
406 additional shares.
This makes their stake in Microsoft total 86,832 shares worth $38.8 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Schmidt P J Investment Management Inc is getting rid of from its portfolio.
Schmidt P J Investment Management Inc closed its position in Five Below Inc on 29th July 2024.
It sold the previously owned 2,063 shares for $374 million.
Patrick Sommerfield also disclosed a decreased stake in Schneider National Inc by approximately 0.1%.
This leaves the value of the investment at $23.5 billion and 973,799 shares.
One of the average hedge funds
The two most similar investment funds to Schmidt P J Investment Management Inc are Honeycomb Asset Management L.P. and Sentry. They manage $543 billion and $543 billion respectively.
Patrick Sommerfield investment strategy
Schmidt P J Investment Management Inc’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 18.1% of
the total portfolio value.
The fund focuses on investments in the United States as
56.3% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $218 billion.
The complete list of Schmidt P J Investment Management Inc trades based on 13F SEC filings
These positions were updated on July 29th 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 |
|---|---|---|---|
| Microsoft Corporation |
0.47%
86,832
|
$38,809,541,000 | 7.15% |
| Apple Inc |
0.88%
160,565
|
$33,818,173,000 | 6.23% |
| Ishares Tr |
1.09%
1,978,192
|
$71,931,855,000 | 13.24% |
| Schneider National Inc |
5.65%
973,799
|
$23,526,984,000 | 4.33% |
| Alphabet Inc |
1.54%
112,464
|
$20,618,768,000 | 3.80% |
| Broadcom Inc |
0.76%
11,778
|
$18,909,168,000 | 3.48% |
| Eli Lilly & Co |
0.49%
19,203
|
$17,385,870,000 | 3.20% |
| Amazon.com Inc. |
0.45%
76,732
|
$14,828,474,000 | 2.73% |
| Unitedhealth Group Inc |
2.80%
26,145
|
$13,314,672,000 | 2.45% |
| Procter And Gamble Co |
0.67%
67,933
|
$11,203,460,000 | 2.06% |
| Pepsico Inc |
0.03%
59,366
|
$9,791,265,000 | 1.80% |
| Visa Inc |
0.34%
36,799
|
$9,658,524,000 | 1.78% |
| Vanguard World Fd |
1.74%
54,811
|
$10,130,134,000 | 1.87% |
| NextEra Energy Inc |
7.51%
125,990
|
$8,921,344,000 | 1.64% |
| Blackrock Inc. |
0.62%
10,817
|
$8,516,551,000 | 1.57% |
| Mcdonalds Corp |
0.15%
31,909
|
$8,131,695,000 | 1.50% |
| Union Pac Corp |
1.93%
34,734
|
$7,858,812,000 | 1.45% |
| Analog Devices Inc. |
1.98%
34,050
|
$7,739,964,000 | 1.43% |
| Stryker Corp. |
2.96%
22,588
|
$7,685,460,000 | 1.42% |
| NVIDIA Corp |
895.53%
59,214
|
$7,315,323,000 | 1.35% |
| JPMorgan Chase & Co. |
1.14%
35,530
|
$7,186,291,000 | 1.32% |
| Schwab Strategic Tr |
8.72%
133,770
|
$9,629,648,000 | 1.77% |
| J P Morgan Exchange Traded F |
3.66%
99,211
|
$8,317,242,000 | 1.53% |
| Spdr Index Shs Fds |
3.94%
128,159
|
$6,980,603,000 | 1.29% |
| Honeywell International Inc |
1.56%
32,665
|
$6,975,292,000 | 1.28% |
| Home Depot, Inc. |
0.34%
18,946
|
$6,522,085,000 | 1.20% |
| Costco Whsl Corp New |
0.52%
7,531
|
$6,401,217,000 | 1.18% |
| Invesco Exch Traded Fd Tr Ii |
6.99%
228,887
|
$6,038,046,000 | 1.11% |
| Fidelity Merrimack Str Tr |
11.18%
134,040
|
$6,022,397,000 | 1.11% |
| Abbvie Inc |
2.31%
35,107
|
$6,021,553,000 | 1.11% |
| Berkshire Hathaway Inc. |
2.47%
13,952
|
$5,675,836,000 | 1.05% |
| Thermo Fisher Scientific Inc. |
1.01%
10,164
|
$5,620,834,000 | 1.03% |
| Select Sector Spdr Tr |
6.78%
80,471
|
$8,247,645,000 | 1.52% |
| Grainger W W Inc |
0.31%
5,178
|
$4,672,078,000 | 0.86% |
| Vanguard Mun Bd Fds |
3.37%
93,170
|
$4,668,731,000 | 0.86% |
| Roper Technologies Inc |
3.24%
8,165
|
$4,602,112,000 | 0.85% |
| Illinois Tool Wks Inc |
0.89%
19,372
|
$4,590,382,000 | 0.85% |
| Pacer Fds Tr |
2.69%
106,444
|
$5,648,335,000 | 1.04% |
| Intercontinental Exchange In |
4.92%
30,455
|
$4,169,011,000 | 0.77% |
| Abbott Labs |
2.17%
39,827
|
$4,138,395,000 | 0.76% |
| Mastercard Incorporated |
0.30%
8,379
|
$3,696,370,000 | 0.68% |
| Vanguard Specialized Funds |
10.48%
18,130
|
$3,309,551,000 | 0.61% |
| Merck & Co Inc |
No change
26,670
|
$3,301,774,000 | 0.61% |
| American Tower Corp. |
2.89%
15,265
|
$2,967,140,000 | 0.55% |
| Accenture Plc Ireland |
3.08%
8,830
|
$2,679,140,000 | 0.49% |
| Johnson & Johnson |
2.22%
17,807
|
$2,602,613,000 | 0.48% |
| Automatic Data Processing In |
0.42%
9,645
|
$2,302,281,000 | 0.42% |
| Exxon Mobil Corp. |
0.04%
18,714
|
$2,154,356,000 | 0.40% |
| Salesforce Inc |
0.22%
6,911
|
$1,776,926,000 | 0.33% |
| Tesla Inc |
3.37%
8,818
|
$1,744,906,000 | 0.32% |
| Lockheed Martin Corp. |
2.35%
3,656
|
$1,707,769,000 | 0.31% |
| Palo Alto Networks Inc |
3.46%
4,070
|
$1,379,771,000 | 0.25% |
| Chevron Corp. |
0.48%
8,344
|
$1,305,168,000 | 0.24% |
| WEC Energy Group Inc |
8.23%
14,232
|
$1,116,643,000 | 0.21% |
| Pnc Finl Svcs Group Inc |
23.22%
6,449
|
$1,002,755,000 | 0.18% |
| S&P Global Inc |
3.93%
2,175
|
$969,827,000 | 0.18% |
| Sysco Corp. |
0.91%
13,570
|
$968,762,000 | 0.18% |
| Yum Brands Inc. |
No change
7,300
|
$966,928,000 | 0.18% |
| Crown Castle Inc |
7.84%
9,765
|
$953,998,000 | 0.18% |
| Nike, Inc. |
1.39%
12,301
|
$927,123,000 | 0.17% |
| AMGEN Inc. |
1.56%
2,836
|
$886,059,000 | 0.16% |
| Vertex Pharmaceuticals, Inc. |
89.88%
1,838
|
$861,507,000 | 0.16% |
| Spdr Gold Tr |
No change
3,950
|
$849,290,000 | 0.16% |
| Blackstone Inc |
0.66%
6,822
|
$844,502,000 | 0.16% |
| Vanguard Bd Index Fds |
20.12%
11,156
|
$803,797,000 | 0.15% |
| Boston Scientific Corp. |
0.34%
10,108
|
$778,380,000 | 0.14% |
| Duke Energy Corp. |
27.44%
7,454
|
$747,114,000 | 0.14% |
| General Mls Inc |
1.74%
11,277
|
$713,383,000 | 0.13% |
| Invesco Exchange Traded Fd T |
3.80%
27,873
|
$1,396,078,000 | 0.26% |
| Vanguard Scottsdale Fds |
10.01%
31,540
|
$1,818,001,000 | 0.33% |
| Fidelity Covington Trust |
17.49%
39,900
|
$2,229,503,000 | 0.41% |
| Cadence Design System Inc |
1.56%
1,958
|
$602,575,000 | 0.11% |
| Allstate Corp (The) |
No change
3,548
|
$566,481,000 | 0.10% |
| First Tr Nas100 Eq Weighted |
No change
4,493
|
$553,942,000 | 0.10% |
| Adobe Inc |
4.90%
971
|
$539,436,000 | 0.10% |
| Verizon Communications Inc |
2.32%
12,619
|
$520,408,000 | 0.10% |
| Enterprise Prods Partners L |
No change
17,760
|
$514,685,000 | 0.09% |
| Vanguard Index Fds |
1.17%
5,397
|
$1,282,611,000 | 0.24% |
| Church & Dwight Co., Inc. |
No change
4,801
|
$497,768,000 | 0.09% |
| Varonis Sys Inc |
No change
10,250
|
$491,693,000 | 0.09% |
| Comcast Corp New |
1.71%
12,322
|
$482,542,000 | 0.09% |
| Genuine Parts Co. |
5.63%
3,350
|
$463,372,000 | 0.09% |
| Disney Walt Co |
0.19%
4,655
|
$462,239,000 | 0.09% |
| Danaher Corp. |
No change
1,816
|
$453,850,000 | 0.08% |
| Lululemon Athletica inc. |
18.52%
1,459
|
$435,803,000 | 0.08% |
| General Dynamics Corp. |
3.62%
1,493
|
$433,179,000 | 0.08% |
| Fiserv, Inc. |
No change
2,888
|
$430,428,000 | 0.08% |
| Dominion Energy Inc |
5.43%
8,564
|
$419,636,000 | 0.08% |
| Pimco Etf Tr |
30.38%
15,901
|
$407,702,000 | 0.08% |
| Deere & Co. |
1.87%
1,091
|
$407,630,000 | 0.08% |
| Walmart Inc |
No change
6,016
|
$407,353,000 | 0.07% |
| Emerson Elec Co |
No change
3,696
|
$407,151,000 | 0.07% |
| Spdr Ser Tr |
13.50%
21,865
|
$727,249,000 | 0.13% |
| Bristol-Myers Squibb Co. |
29.55%
9,501
|
$394,577,000 | 0.07% |
| Starbucks Corp. |
6.39%
4,822
|
$375,393,000 | 0.07% |
| Ametek Inc |
0.85%
2,252
|
$375,388,000 | 0.07% |
| Paychex Inc. |
No change
3,163
|
$375,005,000 | 0.07% |
| Five Below Inc |
Closed
2,063
|
$374,209,000 | |
| Vanguard Tax-managed Fds |
No change
7,380
|
$364,720,000 | 0.07% |
| Altria Group Inc. |
27.11%
7,658
|
$348,835,000 | 0.06% |
| Nushares Etf Tr |
2.75%
10,747
|
$334,562,000 | 0.06% |
| Coca-Cola Co |
18.68%
5,223
|
$332,444,000 | 0.06% |
| Travelers Companies Inc. |
No change
1,605
|
$326,379,000 | 0.06% |
| International Business Machs |
1.32%
1,870
|
$323,417,000 | 0.06% |
| Royal Gold, Inc. |
2.50%
2,577
|
$322,537,000 | 0.06% |
| Crowdstrike Holdings Inc |
No change
840
|
$321,880,000 | 0.06% |
| Meta Platforms Inc |
27.70%
595
|
$300,029,000 | 0.06% |
| Mondelez International Inc. |
1.06%
4,581
|
$299,764,000 | 0.06% |
| Philip Morris International Inc |
0.07%
2,937
|
$297,579,000 | 0.05% |
| Medtronic Plc |
Closed
3,095
|
$269,729,000 | |
| Oracle Corp. |
2.56%
1,900
|
$268,280,000 | 0.05% |
| Flexshares Tr |
2.10%
6,615
|
$265,526,000 | 0.05% |
| Qualcomm, Inc. |
2.21%
1,281
|
$255,150,000 | 0.05% |
| Transdigm Group Incorporated |
2.62%
196
|
$250,412,000 | 0.05% |
| Iron Mtn Inc Del |
No change
2,760
|
$247,351,000 | 0.05% |
| Fidelity Natl Information Sv |
No change
3,271
|
$246,534,000 | 0.05% |
| Pfizer Inc. |
No change
8,803
|
$246,308,000 | 0.05% |
| Novartis AG |
No change
2,300
|
$244,858,000 | 0.05% |
| Capital Grp Fixed Incm Etf T |
Opened
8,891
|
$239,346,000 | 0.04% |
| Pimco Etf Tr |
Opened
2,590
|
$235,897,000 | 0.04% |
| Select Sector Spdr Tr |
Opened
5,681
|
$233,546,000 | 0.04% |
| Zoetis Inc |
0.97%
1,347
|
$233,516,000 | 0.04% |
| First Solar Inc |
Opened
1,000
|
$225,460,000 | 0.04% |
| Ishares Gold Tr |
Opened
5,051
|
$221,890,000 | 0.04% |
| American Elec Pwr Co Inc |
3.83%
2,512
|
$220,436,000 | 0.04% |
| RTX Corp |
2.36%
2,172
|
$218,047,000 | 0.04% |
| Middleby Corp. |
Closed
1,336
|
$214,860,000 | |
| Vanguard Index Fds |
Closed
890
|
$209,853,000 | |
| BCE Inc |
Closed
6,132
|
$208,365,000 | |
| The Southern Co. |
Opened
2,655
|
$205,948,000 | 0.04% |
| Smucker J M Co |
8.04%
1,841
|
$200,764,000 | 0.04% |
| Oneok Inc. |
Opened
2,460
|
$200,613,000 | 0.04% |
| Nuveen Mun Value Fd Inc |
No change
10,854
|
$93,670,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 133 holdings | |||
Hedge funds similar to Schmidt P J Investment Management Inc
- Woodson Capital Management, L.P.
- Arkansas Financial Group, Inc
- Quadratic Capital Management
- Stansberry Asset Management
- Aprio Wealth Management
- Paragon Capital Management Ltd
- Harbor Advisors
- Honeycomb Asset Management L.P.
- Sentry
- Blackrock Fund Advisors
- Insight Advisors, Pa
- Resolute Advisors
- Physician Wealth Advisors
- Virtue Capital Management