Performa Ltd (us) 13F annual report

Performa Ltd (us) is an investment fund managing more than $243 billion ran by Kathy Cavaco. There are currently 54 companies in Mrs. Cavaco’s portfolio. The largest investments include Spdr Sp 500 Etf Trust and Vanguard Index Funds - Vanguard Sp 500 Etf, together worth $129 billion.

Limited to 30 biggest holdings

$243 billion Assets Under Management (AUM)

As of 5th August 2024, Performa Ltd (us)’s top holding is 123,141 shares of Spdr Sp 500 Etf Trust currently worth over $67 billion and making up 27.6% of the portfolio value. In addition, the fund holds 124,855 shares of Vanguard Index Funds - Vanguard Sp 500 Etf worth $62.4 billion. The third-largest holding is Vanguard Index Funds - Vanguard Mid-cap Etf worth $25.1 billion and the next is Dbx Etf Trust - Xtrackers Usd High Yield Corporate Bond Etf worth $22.3 billion, with 628,633 shares owned.

Currently, Performa Ltd (us)'s portfolio is worth at least $243 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 Performa Ltd (us)

The Performa Ltd (us) office and employees reside in Charleston, South Carolina. According to the last 13-F report filed with the SEC, Kathy Cavaco serves as the Chief Compliance Officer at Performa Ltd (us).

Recent trades

In the most recent 13F filing, Performa Ltd (us) revealed that it had opened a new position in JELD-WEN and bought 300 shares worth $4.04 million. This means they effectively own approximately 0.1% of the company. JELD-WEN makes up 100.0% of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Vanguard Index Funds - Vanguard Sp 500 Etf by buying 4,089 additional shares. This makes their stake in Vanguard Index Funds - Vanguard Sp 500 Etf total 124,855 shares worth $62.4 billion.

On the other hand, there are companies that Performa Ltd (us) is getting rid of from its portfolio. Performa Ltd (us) closed its position in Paysafe Ltd on 12th August 2024. It sold the previously owned 3,700 shares for $58.4 million. Kathy Cavaco also disclosed a decreased stake in Spdr Sp 500 Etf Trust by approximately 0.1%. This leaves the value of the investment at $67 billion and 123,141 shares.

One of the smallest hedge funds

The two most similar investment funds to Performa Ltd (us) are Oldfather Services and Argyle Capital Management. They manage $243 billion and $243 billion respectively.


Kathy Cavaco investment strategy

Performa Ltd (us)’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up approximately 0.1% 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 15% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $26.8 billion.

The complete list of Performa Ltd (us) trades based on 13F SEC filings

These positions were updated on August 12th 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
Spdr Sp 500 Etf Trust
5.47%
123,141
$67,015,795,000 27.58%
Vanguard Index Funds - Vanguard Sp 500 Etf
3.39%
124,855
$62,443,731,000 25.70%
Vanguard Index Funds - Vanguard Mid-cap Etf
8.95%
103,815
$25,133,612,000 10.34%
Dbx Etf Trust - Xtrackers Usd High Yield Corporate Bond Etf
26.37%
628,633
$22,291,326,000 9.17%
Ishares Trust - Ishares Russell 2000 Value Etf
No change
63,184
$9,622,923,000 3.96%
Vanguard Index Funds - Vanguard Small-cap Value Etf
13.91%
46,859
$8,552,705,000 3.52%
Vaneck Etf Trust - Vaneck Fallen Angel High Yield Bond Etf
No change
282,546
$7,996,052,000 3.29%
Vanguard International Equity Index Funds - Vanguard Ftse All-world Ex-us Etf
29.90%
134,012
$7,858,464,000 3.23%
Vanguard Index Funds - Vanguard Small-cap Growth Etf
53.45%
27,805
$6,954,865,000 2.86%
Invesco Exchange-traded Fund Trust - Invesco Sp 500 Quality Etf
3.73%
91,508
$5,814,418,000 2.39%
Ishares Trust - Ishares Msci Usa Quality Factor Etf
4.71%
33,728
$5,759,393,000 2.37%
Ishares Trust - Ishares Core Sp Small-cap Etf
No change
35,851
$3,823,868,000 1.57%
Ishares, Inc. - Ishares Msci Japan Etf
53.03%
54,632
$3,728,088,000 1.53%
Ishares Trust - Ishares Select Dividend Etf
No change
16,899
$2,044,441,000 0.84%
Spdr Series Trust - Spdr Sp Dividend Etf
No change
14,763
$1,877,558,000 0.77%
Spdr Series Trust - Spdr Sp Regional Banking Etf
108.70%
24,000
$1,178,400,000 0.48%
Ishares Trust - Ishares Russell Mid-cap Growth Etf
0.07%
1,451
$160,118,000 0.07%
Clover Health Investments Cor
14.29%
100,000
$123,000,000 0.05%
Oatly Group AB
3.44%
101,000
$94,940,000 0.04%
Lumen Technologies, Inc.
35.00%
67,500
$74,250,000 0.03%
Polestar Automotive Holding U
203.45%
88,000
$69,221,000 0.03%
Paysafe Ltd
Closed
3,700
$58,423,000
Pediatrix Medical Group Inc
76.32%
6,700
$50,585,000 0.02%
Unity Software Inc.
1,020.00%
2,800
$45,528,000 0.02%
UiPath, Inc.
330.77%
2,800
$35,504,000 0.01%
Allbirds Inc
30.84%
70,000
$35,000,000 0.01%
Jetblue Airways Corp
7.95%
4,050
$24,665,000 0.01%
ZoomInfo Technologies Inc.
89.47%
1,800
$22,986,000 0.01%
Intel Corp.
143.06%
683
$21,153,000 0.01%
DocuSign Inc
No change
360
$19,260,000 0.01%
Asana, Inc.
7.62%
933
$13,053,000 0.01%
Opendoor Technologies Inc.
233.33%
5,000
$9,200,000 0.00%
Pure Storage Inc
Closed
175
$9,098,000
Varex Imaging Corp
500.00%
600
$8,838,000 0.00%
Smartsheet Inc
22.48%
200
$8,816,000 0.00%
Exxon Mobil Corp.
No change
75
$8,634,000 0.00%
Sonos Inc
No change
459
$6,775,000 0.00%
Dropbox Inc
20.00%
300
$6,741,000 0.00%
Teva Pharmaceutical Industrie
34.19%
385
$6,256,000 0.00%
Celestica, Inc.
33.33%
100
$5,733,000 0.00%
Ford Motor Co.
1.19%
426
$5,342,000 0.00%
Nutanix Inc
20.00%
80
$4,548,000 0.00%
Leslie's, Inc.
94.93%
1,000
$4,190,000 0.00%
JELD-WEN Holding Inc.
Opened
300
$4,041,000 0.00%
Fidelity National Info Serv
Closed
47
$3,486,000
Blackbaud Inc
43.66%
40
$3,047,000 0.00%
PayPal Holdings Inc
No change
51
$2,960,000 0.00%
Box Inc
Closed
100
$2,832,000
Trivago NV
Closed
956
$2,648,000
Maravai Lifesciences Holdings, Inc.
96.30%
250
$1,790,000 0.00%
DENTSPLY Sirona Inc
Opened
67
$1,669,000 0.00%
Sally Beauty Holdings Inc
50.00%
150
$1,610,000 0.00%
Okta Inc
97.15%
15
$1,404,000 0.00%
Peloton Interactive Inc-a
No change
400
$1,352,000 0.00%
SmartRent Inc
17.65%
500
$1,195,000 0.00%
Goldman Sachs Group Inc/the
Closed
2
$835,000
Retractable Technologies Inc
No change
750
$810,000 0.00%
Tilray Brands Inc
Opened
275
$457,000 0.00%
Ishares Trust - Ishares Russell Mid-cap Etf
No change
1
$81,000 0.00%
Canada Jetlines Operations L
Opened
312
$3,000 0.00%
Medmen Enterprises Inc
Closed
20,200
$0
No transactions found
Showing first 500 out of 61 holdings