Mcrae Capital Management Inc 13F annual report
Mcrae Capital Management Inc is an investment fund managing more than $439 billion ran by Roderick Iii. There are currently 87 companies in Mr. Iii’s portfolio. The largest investments include Microsoft and Williams-Sonoma, together worth $53.9 billion.
$439 billion Assets Under Management (AUM)
As of 17th July 2024, Mcrae Capital Management Inc’s top holding is 67,743 shares of Microsoft currently worth over $30.3 billion and making up 6.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Mcrae Capital Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 83,515 shares of Williams-Sonoma worth $23.6 billion, whose value fell 29.3% in the past six months.
The third-largest holding is Quanta Svcs Inc worth $22.9 billion and the next is United Rentals worth $20.5 billion, with 31,768 shares owned.
Currently, Mcrae Capital Management Inc's portfolio is worth at least $439 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 Mcrae Capital Management Inc
The Mcrae Capital Management Inc office and employees reside in Morristown, New Jersey. According to the last 13-F report filed with the SEC, Roderick Iii serves as the Managing Partner & Chief Compliance Officer at Mcrae Capital Management Inc.
Recent trades
In the most recent 13F filing, Mcrae Capital Management Inc revealed that it had opened a new position in
Labcorp and bought 82,387 shares worth $16.8 billion.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
20.9%
of the fund's Health Care sector allocation and has decreased its share price by 2.0% in the past year.
The investment fund also strengthened its position in Lowes Cos Inc by buying
2,767 additional shares.
This makes their stake in Lowes Cos Inc total 92,598 shares worth $20.4 billion.
On the other hand, there are companies that Mcrae Capital Management Inc is getting rid of from its portfolio.
Mcrae Capital Management Inc closed its position in Laboratory Corp Amer Hldgs on 24th July 2024.
It sold the previously owned 79,748 shares for $17.4 billion.
Roderick Iii also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $30.3 billion and 67,743 shares.
One of the average hedge funds
The two most similar investment funds to Mcrae Capital Management Inc are Algebris (uk) Ltd and Community Services. They manage $439 billion and $439 billion respectively.
Roderick Iii investment strategy
Mcrae Capital Management Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 18.3% 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
57% 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 $222 billion.
The complete list of Mcrae Capital Management Inc trades based on 13F SEC filings
These positions were updated on July 24th 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 |
1.55%
67,743
|
$30,277,848,000 | 6.90% |
| Williams-Sonoma, Inc. |
6.03%
83,515
|
$23,582,362,000 | 5.38% |
| Quanta Svcs Inc |
4.39%
90,166
|
$22,910,406,000 | 5.22% |
| United Rentals, Inc. |
1.20%
31,768
|
$20,545,952,000 | 4.68% |
| Lowes Cos Inc |
3.08%
92,598
|
$20,414,375,000 | 4.65% |
| Check Point Software Tech Lt |
4.92%
122,945
|
$20,286,008,000 | 4.62% |
| Fiserv, Inc. |
1.52%
130,579
|
$19,461,494,000 | 4.44% |
| Nasdaq Inc |
1.37%
302,036
|
$18,200,720,000 | 4.15% |
| Omnicom Group, Inc. |
0.61%
202,359
|
$18,151,662,000 | 4.14% |
| Laboratory Corp Amer Hldgs |
Closed
79,748
|
$17,421,782,000 | |
| Labcorp Holdings Inc. |
Opened
82,387
|
$16,766,610,000 | 3.82% |
| Vertex Pharmaceuticals, Inc. |
1.24%
33,520
|
$15,711,494,000 | 3.58% |
| Keysight Technologies Inc |
5.27%
111,926
|
$15,305,937,000 | 3.49% |
| Unitedhealth Group Inc |
5.91%
28,127
|
$14,323,956,000 | 3.27% |
| Thermo Fisher Scientific Inc. |
0.48%
25,819
|
$14,278,288,000 | 3.26% |
| Snap-on, Inc. |
0.83%
50,518
|
$13,204,999,000 | 3.01% |
| Workday Inc |
99.22%
57,966
|
$12,958,879,000 | 2.95% |
| Broadridge Finl Solutions In |
0.16%
62,574
|
$12,327,145,000 | 2.81% |
| Truist Finl Corp |
1.56%
281,029
|
$10,917,978,000 | 2.49% |
| Becton Dickinson & Co. |
2.87%
46,262
|
$10,812,038,000 | 2.47% |
| Salesforce Inc |
42.91%
39,652
|
$10,194,632,000 | 2.32% |
| PayPal Holdings Inc |
5.06%
172,316
|
$9,999,540,000 | 2.28% |
| JPMorgan Chase & Co. |
0.45%
44,566
|
$9,014,092,000 | 2.06% |
| Chubb Limited |
163.79%
35,134
|
$8,962,159,000 | 2.04% |
| Accenture Plc Ireland |
0.09%
26,653
|
$8,086,894,000 | 1.84% |
| Hershey Company |
154.53%
36,052
|
$6,627,612,000 | 1.51% |
| Apple Inc |
6.43%
26,203
|
$5,519,017,000 | 1.26% |
| The Southern Co. |
5.59%
35,054
|
$2,719,139,000 | 0.62% |
| Ishares Tr |
0.15%
87,051
|
$5,066,208,000 | 1.16% |
| Johnson & Johnson |
4.08%
14,113
|
$2,062,851,000 | 0.47% |
| Trane Technologies plc |
0.15%
5,841
|
$1,921,542,000 | 0.44% |
| Spdr Gold Tr |
No change
8,430
|
$1,812,534,000 | 0.41% |
| Intuitive Surgical Inc |
No change
3,965
|
$1,763,830,000 | 0.40% |
| Pepsico Inc |
No change
9,937
|
$1,638,909,000 | 0.37% |
| Waste Mgmt Inc Del |
7.38%
7,535
|
$1,607,595,000 | 0.37% |
| Intuit Inc |
No change
2,166
|
$1,423,867,000 | 0.32% |
| Danaher Corp. |
7.29%
5,089
|
$1,271,487,000 | 0.29% |
| Zebra Technologies Corporati |
10.06%
3,980
|
$1,229,541,000 | 0.28% |
| Perficient Inc. |
94.22%
15,190
|
$1,136,060,000 | 0.26% |
| Merck & Co Inc |
1.37%
9,069
|
$1,122,775,000 | 0.26% |
| Pfizer Inc. |
6.43%
39,280
|
$1,099,061,000 | 0.25% |
| Eli Lilly & Co |
No change
1,121
|
$1,014,931,000 | 0.23% |
| Exxon Mobil Corp. |
0.88%
8,513
|
$980,123,000 | 0.22% |
| Meta Platforms Inc |
No change
1,892
|
$954,201,000 | 0.22% |
| Bank New York Mellon Corp |
No change
15,628
|
$935,961,000 | 0.21% |
| Home Depot, Inc. |
No change
2,513
|
$865,075,000 | 0.20% |
| Vanguard Index Fds |
0.03%
3,383
|
$1,126,046,000 | 0.26% |
| Costco Whsl Corp New |
No change
978
|
$831,290,000 | 0.19% |
| Honeywell International Inc |
No change
3,842
|
$820,460,000 | 0.19% |
| Weyerhaeuser Co Mtn Be |
Closed
22,678
|
$814,359,000 | |
| Fedex Corp |
27.35%
2,654
|
$795,780,000 | 0.18% |
| AMGEN Inc. |
No change
2,386
|
$745,506,000 | 0.17% |
| Alphabet Inc |
No change
6,880
|
$1,256,814,000 | 0.29% |
| Union Pac Corp |
20.92%
3,025
|
$684,437,000 | 0.16% |
| Chevron Corp. |
No change
4,271
|
$668,107,000 | 0.15% |
| Abbott Labs |
No change
6,212
|
$645,489,000 | 0.15% |
| Marsh & McLennan Cos., Inc. |
7.25%
2,899
|
$611,066,000 | 0.14% |
| Agnico Eagle Mines Ltd |
No change
8,000
|
$523,200,000 | 0.12% |
| Automatic Data Processing In |
0.14%
2,171
|
$518,254,000 | 0.12% |
| Intel Corp. |
1.79%
16,493
|
$510,788,000 | 0.12% |
| Procter And Gamble Co |
No change
3,047
|
$502,511,000 | 0.11% |
| nVent Electric plc |
0.02%
6,551
|
$501,918,000 | 0.11% |
| Xylem Inc |
0.03%
3,475
|
$471,434,000 | 0.11% |
| Conocophillips |
9.47%
4,118
|
$471,017,000 | 0.11% |
| Amazon.com Inc. |
21.14%
2,435
|
$470,564,000 | 0.11% |
| Skyworks Solutions, Inc. |
No change
4,240
|
$451,930,000 | 0.10% |
| Newmont Corp |
67.80%
9,900
|
$414,513,000 | 0.09% |
| Eaton Corp Plc |
No change
1,300
|
$407,615,000 | 0.09% |
| Walmart Inc |
38.22%
5,820
|
$394,072,000 | 0.09% |
| Metlife Inc |
No change
5,367
|
$376,710,000 | 0.09% |
| Public Svc Enterprise Grp In |
87.22%
5,081
|
$374,470,000 | 0.09% |
| Goldman Sachs Group, Inc. |
20.04%
798
|
$360,951,000 | 0.08% |
| Alamos Gold Inc. |
77.52%
22,900
|
$359,072,000 | 0.08% |
| Abbvie Inc |
29.20%
1,940
|
$332,749,000 | 0.08% |
| Texas Instrs Inc |
Closed
1,900
|
$330,999,000 | |
| Fortive Corp |
2.37%
4,125
|
$305,663,000 | 0.07% |
| Coca-Cola Co |
Closed
4,861
|
$297,396,000 | |
| Cisco Sys Inc |
No change
6,250
|
$296,938,000 | 0.07% |
| Disney Walt Co |
No change
2,985
|
$296,381,000 | 0.07% |
| Barings Global Short Duratio |
1.09%
20,483
|
$295,984,000 | 0.07% |
| Ameriprise Finl Inc |
No change
635
|
$271,266,000 | 0.06% |
| Spdr S&p 500 Etf Tr |
No change
489
|
$266,124,000 | 0.06% |
| Archer Daniels Midland Co. |
Closed
3,992
|
$250,738,000 | |
| RTX Corp |
7.46%
2,450
|
$245,956,000 | 0.06% |
| Invesco Exchange Traded Fd T |
0.01%
16,203
|
$238,679,000 | 0.05% |
| Broadcom Inc |
Opened
145
|
$232,802,000 | 0.05% |
| United Parcel Service, Inc. |
32.19%
1,687
|
$230,935,000 | 0.05% |
| Northern Lights Fund Trust |
Closed
2,366
|
$228,816,000 | |
| Us Bancorp Del |
No change
5,450
|
$216,365,000 | 0.05% |
| Lululemon Athletica inc. |
Closed
530
|
$207,045,000 | |
| Netflix Inc. |
Opened
300
|
$202,464,000 | 0.05% |
| Pnc Finl Svcs Group Inc |
No change
1,300
|
$202,188,000 | 0.05% |
| Hecla Mng Co |
No change
40,000
|
$194,000,000 | 0.04% |
| Barrick Gold Corp. |
Closed
10,000
|
$166,400,000 | |
| Vuzix Corporation |
Opened
23,000
|
$31,050,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 95 holdings | |||
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