Cavalier Investments 13F annual report
Cavalier Investments is an investment fund managing more than $298 billion ran by Jeffrey Smith. There are currently 70 companies in Mr. Smith’s portfolio. The largest investments include VanEck ETF Trust and Select Sector Spdr Tr, together worth $75.1 billion.
$298 billion Assets Under Management (AUM)
As of 26th July 2024, Cavalier Investments’s top holding is 134,257 shares of VanEck ETF Trust currently worth over $35 billion and making up 11.7% of the portfolio value.
Relative to the number of outstanding shares of VanEck ETF Trust, Cavalier Investments owns less than approximately 0.1% of the company.
In addition, the fund holds 261,494 shares of Select Sector Spdr Tr worth $40 billion.
The third-largest holding is NVIDIA Corp worth $28.3 billion and the next is Super Micro Computer Inc worth $20.2 billion, with 24,636 shares owned.
Currently, Cavalier Investments's portfolio is worth at least $298 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 Cavalier Investments
The Cavalier Investments office and employees reside in Alpharetta, Georgia. According to the last 13-F report filed with the SEC, Jeffrey Smith serves as the Chief Compliance Officer at Cavalier Investments.
Recent trades
In the most recent 13F filing, Cavalier Investments revealed that it had opened a new position in
Super Micro Computer Inc and bought 24,636 shares worth $20.2 billion.
This means they effectively own approximately 0.1% of the company.
Super Micro Computer Inc makes up
26.1%
of the fund's Technology sector allocation and has grown its share price by 119.5% in the past year.
The investment fund also strengthened its position in VanEck ETF Trust by buying
26,237 additional shares.
This makes their stake in VanEck ETF Trust total 134,257 shares worth $35 billion.
VanEck ETF Trust soared 3.7% in the past year.
On the other hand, there are companies that Cavalier Investments is getting rid of from its portfolio.
Cavalier Investments closed its position in Ishares Tr on 2nd August 2024.
It sold the previously owned 206,108 shares for $15.8 billion.
Jeffrey Smith also disclosed a decreased stake in Select Sector Spdr Tr by 0.2%.
This leaves the value of the investment at $40 billion and 261,494 shares.
One of the smaller hedge funds
The two most similar investment funds to Cavalier Investments are Creekmur Asset Management and Curran Partners. They manage $298 billion and $298 billion respectively.
Jeffrey Smith investment strategy
Cavalier Investments’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 26.0% of
the total portfolio value.
The fund focuses on investments in the United States as
64.3% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 5.7% of the portfolio.
The average market cap of the portfolio companies is close to $140 billion.
The complete list of Cavalier Investments trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| VanEck ETF Trust |
24.29%
134,257
|
$35,000,800,000 | 11.74% |
| Select Sector Spdr Tr |
23.60%
261,494
|
$40,049,907,000 | 13.43% |
| NVIDIA Corp |
1,773.52%
228,719
|
$28,255,945,000 | 9.48% |
| Super Micro Computer Inc |
Opened
24,636
|
$20,185,507,000 | 6.77% |
| Spdr S&p 500 Etf Tr |
35.08%
24,879
|
$13,539,649,000 | 4.54% |
| Eli Lilly & Co |
163.16%
10,466
|
$9,475,707,000 | 3.18% |
| Constellation Energy Corp |
Opened
40,680
|
$8,146,984,000 | 2.73% |
| Ishares Tr |
Closed
206,108
|
$15,781,214,000 | |
| Vanguard World Fd |
9.13%
61,826
|
$6,175,181,000 | 2.07% |
| Invesco Exchange Traded Fd T |
No change
152,430
|
$5,588,084,000 | 1.87% |
| Boston Scientific Corp. |
9.18%
67,356
|
$5,187,086,000 | 1.74% |
| Microsoft Corporation |
10.20%
11,169
|
$4,991,985,000 | 1.67% |
| Howmet Aerospace Inc. |
15.79%
61,495
|
$4,773,857,000 | 1.60% |
| Ishares Tr |
27.16%
58,298
|
$6,344,581,000 | 2.13% |
| Apple Inc |
37.82%
21,234
|
$4,472,305,000 | 1.50% |
| Vertiv Holdings Co |
Opened
50,494
|
$4,371,266,000 | 1.47% |
| Tesla Inc |
Opened
20,000
|
$3,957,600,000 | 1.33% |
| Salesforce Inc |
8.82%
15,381
|
$3,954,455,000 | 1.33% |
| Amazon.com Inc. |
Opened
20,266
|
$3,916,405,000 | 1.31% |
| Spdr Ser Tr |
Opened
41,168
|
$3,298,792,000 | 1.11% |
| Intel Corp. |
Closed
64,585
|
$3,245,396,000 | |
| Progressive Corp. |
Opened
15,535
|
$3,226,775,000 | 1.08% |
| Vertex Pharmaceuticals, Inc. |
8.22%
6,883
|
$3,226,200,000 | 1.08% |
| GE Aerospace |
Opened
20,266
|
$3,221,686,000 | 1.08% |
| Deckers Outdoor Corp. |
205.05%
3,325
|
$3,218,434,000 | 1.08% |
| Verisk Analytics Inc |
8.83%
11,803
|
$3,181,499,000 | 1.07% |
| Lamb Weston Holdings Inc |
Closed
28,991
|
$3,133,637,000 | |
| Meta Platforms Inc |
65.41%
6,072
|
$3,061,624,000 | 1.03% |
| Novo-nordisk A S |
106.55%
21,089
|
$3,010,244,000 | 1.01% |
| Spdr Ser Tr |
25.22%
95,184
|
$7,660,167,000 | 2.57% |
| Advanced Micro Devices Inc. |
982.57%
17,581
|
$2,851,814,000 | 0.96% |
| Broadcom Inc |
16.61%
1,682
|
$2,700,501,000 | 0.91% |
| Appfolio Inc |
8.78%
10,789
|
$2,638,666,000 | 0.88% |
| Copart, Inc. |
41.57%
46,660
|
$2,527,106,000 | 0.85% |
| Regeneron Pharmaceuticals, Inc. |
47.46%
2,381
|
$2,502,502,000 | 0.84% |
| Transdigm Group Incorporated |
55.78%
1,837
|
$2,346,970,000 | 0.79% |
| Synopsys, Inc. |
7.26%
3,873
|
$2,304,667,000 | 0.77% |
| Grainger W W Inc |
7.42%
2,519
|
$2,272,743,000 | 0.76% |
| Badger Meter Inc. |
8.67%
12,112
|
$2,257,071,000 | 0.76% |
| Fair Isaac Corp. |
44.56%
1,513
|
$2,252,343,000 | 0.76% |
| Darden Restaurants, Inc. |
Closed
13,666
|
$2,245,324,000 | |
| Eaton Corp Plc |
Opened
7,156
|
$2,243,764,000 | 0.75% |
| Mcdonalds Corp |
Closed
7,510
|
$2,226,790,000 | |
| Analog Devices Inc. |
Closed
10,976
|
$2,179,395,000 | |
| MGM Resorts International |
Closed
48,060
|
$2,147,321,000 | |
| AT&T Inc. |
9.21%
111,696
|
$2,134,511,000 | 0.72% |
| Ulta Beauty Inc |
Closed
3,917
|
$1,919,291,000 | |
| Sps Comm Inc |
8.46%
10,052
|
$1,891,384,000 | 0.63% |
| Maximus Inc. |
8.89%
21,412
|
$1,835,008,000 | 0.62% |
| Axcelis Technologies Inc |
8.57%
11,137
|
$1,583,570,000 | 0.53% |
| Cadence Design System Inc |
7.61%
5,047
|
$1,553,214,000 | 0.52% |
| Cboe Global Mkts Inc |
8.68%
8,716
|
$1,482,243,000 | 0.50% |
| West Pharmaceutical Svsc Inc |
Closed
4,124
|
$1,452,143,000 | |
| e.l.f. Beauty Inc |
42.38%
5,808
|
$1,223,862,000 | 0.41% |
| Ingersoll-Rand Inc |
8.65%
13,230
|
$1,201,813,000 | 0.40% |
| Global X Fds |
9.07%
20,941
|
$1,189,658,000 | 0.40% |
| Booking Holdings Inc |
59.00%
296
|
$1,172,604,000 | 0.39% |
| SiTime Corp |
Closed
9,473
|
$1,156,464,000 | |
| Ameriprise Finl Inc |
7.55%
2,479
|
$1,059,004,000 | 0.36% |
| Oracle Corp. |
Closed
9,581
|
$1,010,125,000 | |
| Bio Rad Labs Inc |
Closed
2,926
|
$944,776,000 | |
| Moog Inc. |
8.43%
5,595
|
$936,044,000 | 0.31% |
| Smucker J M Co |
Closed
7,388
|
$933,695,000 | |
| C3.ai Inc |
9.21%
32,006
|
$926,894,000 | 0.31% |
| Raymond James Finl Inc |
9.06%
7,332
|
$906,309,000 | 0.30% |
| JPMorgan Chase & Co. |
8.96%
4,230
|
$855,560,000 | 0.29% |
| Federal Signal Corp. |
8.73%
9,757
|
$816,368,000 | 0.27% |
| Ecolab, Inc. |
8.39%
3,373
|
$802,774,000 | 0.27% |
| Tyler Technologies, Inc. |
6.32%
1,463
|
$735,567,000 | 0.25% |
| Builders Firstsource Inc |
Closed
4,344
|
$725,187,000 | |
| Tri Pointe Homes Inc. |
8.94%
19,102
|
$711,550,000 | 0.24% |
| Skyworks Solutions, Inc. |
8.67%
6,542
|
$697,246,000 | 0.23% |
| Schwab Charles Corp |
8.55%
9,202
|
$678,095,000 | 0.23% |
| Parker-Hannifin Corp. |
Closed
1,468
|
$676,308,000 | |
| Hubbell Inc. |
5.14%
1,779
|
$650,189,000 | 0.22% |
| Bank America Corp |
8.78%
16,284
|
$647,615,000 | 0.22% |
| Green Brick Partners, Inc. |
8.67%
10,915
|
$624,775,000 | 0.21% |
| Primerica Inc |
Closed
2,901
|
$596,910,000 | |
| Terex Corp. |
8.93%
10,609
|
$581,798,000 | 0.20% |
| Winmark Corporation |
5.66%
1,625
|
$573,024,000 | 0.19% |
| Wesco International, Inc. |
8.06%
3,499
|
$554,661,000 | 0.19% |
| Manhattan Associates, Inc. |
75.95%
2,133
|
$526,168,000 | 0.18% |
| Embecta Corp |
Closed
23,572
|
$446,218,000 | |
| Treehouse Foods Inc |
Closed
10,591
|
$438,997,000 | |
| Spdr Gold Tr |
No change
1,966
|
$422,710,000 | 0.14% |
| Ishares Silver Tr |
No change
14,064
|
$373,680,000 | 0.13% |
| Quanta Svcs Inc |
79.75%
1,231
|
$312,785,000 | 0.10% |
| Sage Therapeutics Inc |
8.56%
11,147
|
$121,056,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
Hedge funds similar to Cavalier Investments
- Amj Wealth Management
- Atlantic Edge Private Wealth Management
- O'keefe Stevens Advisory
- Bank Pictet & Cie (asia) Ltd
- Mandatum Life Insurance Co Ltd
- Mount Lucas Management L.P.
- Curran Partners
- Creekmur Asset Management
- Keb Asset Management
- Hudson Capital Management
- Bordeaux Wealth Advisors
- Hill Island Financial
- Sense Advisors
- Coppell Advisory Solutions