Westchester Capital Management 13F annual report

Westchester Capital Management is an investment fund managing more than $372 billion ran by Cindy Christensen. There are currently 44 companies in Mrs. Christensen’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $63.9 billion.

Limited to 30 biggest holdings

$372 billion Assets Under Management (AUM)

As of 22nd January 2024, Westchester Capital Management’s top holding is 175,206 shares of Apple Inc currently worth over $33.7 billion and making up 9.1% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Westchester Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 80,267 shares of Microsoft worth $30.2 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Berkshire Hathaway worth $21.2 billion and the next is Caterpillar worth $20.1 billion, with 67,829 shares owned.

Currently, Westchester Capital Management's portfolio is worth at least $372 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 Westchester Capital Management

The Westchester Capital Management office and employees reside in Omaha, Nebraska. According to the last 13-F report filed with the SEC, Cindy Christensen serves as the President / CEO at Westchester Capital Management.

Recent trades

In the most recent 13F filing, Westchester Capital Management revealed that it had increased its stake in Mcdonald's Corporation and bought 649 additional shares worth around .

On the other hand, Cindy Christensen disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $33.7 billion and 175,206 shares.

One of the average hedge funds

The two most similar investment funds to Westchester Capital Management are Valor Management and Aire Advisors. They manage $372 billion and $372 billion respectively.

Cindy Christensen investment strategy

Westchester Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 19.3% of the total portfolio value. The fund focuses on investments in the United States as 63.6% 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 64% of the total holdings value. On the other hand, small-cap stocks make up only 2.3% of the portfolio. The average market cap of the portfolio companies is close to $320 billion.

The complete list of Westchester Capital Management trades based on 13F SEC filings

These positions were updated on January 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
Apple Inc	2.49% 175,206	$33,732,383,000	9.08%
Microsoft Corporation	2.18% 80,267	$30,183,603,000	8.12%
Berkshire Hathaway Inc.	1.26% 59,466	$21,209,144,000	5.71%
Caterpillar Inc.	1.64% 67,829	$20,055,000,000	5.40%
Microchip Technology, Inc.	2.50% 193,119	$17,415,471,000	4.69%
Waste Management, Inc.	1.35% 93,100	$16,674,210,000	4.49%
Abbvie Inc	0.53% 103,267	$16,003,287,000	4.31%
Jp Morgan Chase	1.14% 93,262	$15,863,866,000	4.27%
Alphabet, Inc. Class A - Formerly Google A	2.93% 112,995	$15,784,272,000	4.25%
Mcdonald's Corporation	1.28% 51,178	$15,174,789,000	4.08%
Wal-mart, Inc.	2.96% 96,001	$15,134,558,000	4.07%
Lockheed Martin Corp.	2.33% 31,825	$14,424,363,000	3.88%
Home Depot, Inc.	0.83% 37,728	$13,074,638,000	3.52%
Cisco Systems, Inc.	1.42% 254,651	$12,864,969,000	3.46%
Exxon Mobil Corp.	1.22% 120,472	$12,044,791,000	3.24%
Valero Energy Corp.	2.87% 90,845	$11,809,850,000	3.18%
Becton Dickinson & Co.	1.74% 45,462	$11,084,999,000	2.98%
Intel Corp.	2.98% 218,587	$10,983,989,000	2.96%
The Bank Of New York Mellon Corporation	1.94% 195,538	$10,177,753,000	2.74%
Johnson & Johnson	1.60% 64,500	$10,109,730,000	2.72%
CVS Health Corp	2.94% 125,657	$9,921,877,000	2.67%
Pfizer Inc.	0.23% 282,821	$8,142,417,000	2.19%
Medtronic Plc	0.04% 88,264	$7,271,188,000	1.96%
Walt Disney Company	23.11% 55,188	$4,982,925,000	1.34%
Amazon.com Inc.	0.11% 28,215	$4,286,987,000	1.15%
Boeing Co.	4.55% 10,797	$2,814,346,000	0.76%
AT&T Inc.	9.94% 139,461	$2,340,156,000	0.63%
General Electric Company	32.15% 15,453	$1,972,266,000	0.53%
Conagra Brands Inc	4.19% 61,962	$1,775,822,000	0.48%
Pepsico, Inc.	83.83% 9,320	$1,582,909,000	0.43%
Lowe's Companies, Inc.	0.73% 4,115	$915,793,000	0.25%
Ge Healthcare	30.80% 5,195	$401,677,000	0.11%
Verizon Communications Inc	10.32% 6,299	$237,472,000	0.06%
Procter & Gamble Co.	19.61% 1,025	$150,204,000	0.04%
Chevron Corp.	No change 932	$139,017,000	0.04%
Vanguard Short Term Treasury Index Etf	No change 2,295	$133,867,000	0.04%
Vanguard Short Term Corp Bond Index Etf	No change 1,715	$132,690,000	0.04%
NVIDIA Corp	69.23% 264	$130,738,000	0.04%
Vanguard S&p 500 Etf	26.47% 250	$109,200,000	0.03%
American Express Co.	No change 560	$104,910,000	0.03%
Coca-Cola Co	No change 1,615	$95,172,000	0.03%
Alphabet, Inc. Class C - Formerly Google C	No change 340	$47,916,000	0.01%
Citigroup Inc	No change 273	$14,053,000	0.00%
The Sherwin-williams Company	No change 45	$14,036,000	0.00%
No transactions found
Showing first 500 out of 44 holdings