Marietta Wealth Management 13F annual report
Marietta Wealth Management is an investment fund managing more than $641 billion ran by Pam Larkin. There are currently 77 companies in Mrs. Larkin’s portfolio. The largest investments include Alphabet Inc and Apple Inc, together worth $52.7 billion.
$641 billion Assets Under Management (AUM)
As of 12th July 2024, Marietta Wealth Management’s top holding is 154,162 shares of Alphabet Inc currently worth over $28.1 billion and making up 4.4% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Marietta Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 116,753 shares of Apple Inc worth $24.6 billion, whose value grew 17.0% in the past six months.
The third-largest holding is NVIDIA Corp worth $23.3 billion and the next is Microsoft worth $19.2 billion, with 42,902 shares owned.
Currently, Marietta Wealth Management's portfolio is worth at least $641 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 Marietta Wealth Management
The Marietta Wealth Management office and employees reside in Marietta, Georgia. According to the last 13-F report filed with the SEC, Pam Larkin serves as the CCO at Marietta Wealth Management.
Recent trades
In the most recent 13F filing, Marietta Wealth Management revealed that it had opened a new position in
Labcorp and bought 19,540 shares worth $3.98 billion.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
10.2%
of the fund's Health Care sector allocation and has decreased its share price by 1.1% in the past year.
The investment fund also strengthened its position in Alphabet Inc by buying
75,018 additional shares.
This makes their stake in Alphabet Inc total 154,162 shares worth $28.1 billion.
Alphabet Inc soared 45.6% in the past year.
On the other hand, there are companies that Marietta Wealth Management is getting rid of from its portfolio.
Marietta Wealth Management closed its position in Halliburton Co on 19th July 2024.
It sold the previously owned 114,108 shares for $4.5 billion.
Pam Larkin also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $19.2 billion and 42,902 shares.
One of the average hedge funds
The two most similar investment funds to Marietta Wealth Management are Eam Investors and 9258 Wealth Management. They manage $642 billion and $642 billion respectively.
Pam Larkin investment strategy
Marietta Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 18.5% of
the total portfolio value.
The fund focuses on investments in the United States as
61.0% 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
62% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $273 billion.
The complete list of Marietta Wealth Management trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| Alphabet Inc |
94.79%
154,162
|
$28,080,640,000 | 4.38% |
| Apple Inc |
5.53%
116,753
|
$24,590,607,000 | 3.83% |
| NVIDIA Corp |
774.75%
188,273
|
$23,259,196,000 | 3.63% |
| Microsoft Corporation |
1.13%
42,902
|
$19,175,190,000 | 2.99% |
| Ishares Inc |
6.23%
313,165
|
$18,539,396,000 | 2.89% |
| Vanguard Index Fds |
3.39%
228,224
|
$50,684,375,000 | 7.90% |
| Ishares Tr |
0.90%
849,011
|
$68,198,870,000 | 10.63% |
| Wisdomtree Tr |
5.39%
386,723
|
$18,633,827,000 | 2.90% |
| Amazon.com Inc. |
3.17%
68,062
|
$13,152,982,000 | 2.05% |
| Costco Whsl Corp New |
9.45%
13,975
|
$11,878,638,000 | 1.85% |
| Eli Lilly & Co |
5.51%
12,904
|
$11,683,024,000 | 1.82% |
| Broadcom Inc. |
6.75%
6,899
|
$11,076,932,000 | 1.73% |
| Walmart Inc |
1.19%
154,768
|
$10,479,354,000 | 1.63% |
| JPMorgan Chase & Co. |
1.21%
49,779
|
$10,068,301,000 | 1.57% |
| Home Depot, Inc. |
9.20%
27,594
|
$9,498,828,000 | 1.48% |
| Linde Plc. |
0.14%
21,395
|
$9,388,340,000 | 1.46% |
| Meta Platforms Inc |
4.90%
16,839
|
$8,490,585,000 | 1.32% |
| Netflix Inc. |
3.12%
12,318
|
$8,313,172,000 | 1.30% |
| Asml Holding N V |
1.40%
8,121
|
$8,305,590,000 | 1.29% |
| Unitedhealth Group Inc |
3.89%
15,937
|
$8,115,913,000 | 1.27% |
| Regeneron Pharmaceuticals, Inc. |
1.14%
7,624
|
$8,013,053,000 | 1.25% |
| Goldman Sachs Group, Inc. |
1.79%
17,492
|
$7,912,117,000 | 1.23% |
| Pepsico Inc |
25.95%
47,817
|
$7,886,404,000 | 1.23% |
| Berkshire Hathaway Inc. |
2.90%
19,320
|
$7,859,376,000 | 1.23% |
| Visa Inc |
1.48%
28,782
|
$7,554,461,000 | 1.18% |
| Palo Alto Networks Inc |
0.43%
21,993
|
$7,455,847,000 | 1.16% |
| Intuit Inc |
1.32%
11,332
|
$7,447,504,000 | 1.16% |
| Thermo Fisher Scientific Inc. |
1.05%
12,953
|
$7,163,009,000 | 1.12% |
| Adobe Inc |
4.62%
12,624
|
$7,012,934,000 | 1.09% |
| Merck & Co Inc |
1.61%
53,965
|
$6,680,867,000 | 1.04% |
| Waste Mgmt Inc Del |
25.91%
31,094
|
$6,633,594,000 | 1.03% |
| RTX Corp |
1.04%
65,560
|
$6,581,568,000 | 1.03% |
| Blackstone Inc |
1.19%
53,035
|
$6,565,718,000 | 1.02% |
| Blackrock Inc. |
0.13%
7,790
|
$6,133,223,000 | 0.96% |
| NextEra Energy Inc |
4.76%
86,103
|
$6,096,953,000 | 0.95% |
| Accenture Plc Ireland |
3.82%
19,991
|
$6,065,469,000 | 0.95% |
| Salesforce Inc |
3.22%
23,195
|
$5,963,435,000 | 0.93% |
| Starbucks Corp. |
11.07%
75,653
|
$5,889,604,000 | 0.92% |
| Invesco Exch Trd Slf Idx Fd |
0.38%
2,119,084
|
$40,386,058,000 | 6.30% |
| Vanguard Scottsdale Fds |
3.30%
220,483
|
$14,311,830,000 | 2.23% |
| Chevron Corp. |
28.86%
36,519
|
$5,712,302,000 | 0.89% |
| Spdr Ser Tr |
12.01%
161,061
|
$13,173,198,000 | 2.05% |
| Deere & Co. |
6.39%
14,475
|
$5,408,303,000 | 0.84% |
| Lululemon Athletica inc. |
10.21%
18,024
|
$5,383,769,000 | 0.84% |
| Devon Energy Corp. |
6.25%
112,963
|
$5,354,446,000 | 0.83% |
| Lockheed Martin Corp. |
3.75%
10,497
|
$4,903,149,000 | 0.76% |
| Schwab Charles Corp |
30.38%
64,396
|
$4,745,341,000 | 0.74% |
| Disney Walt Co |
0.85%
47,557
|
$4,721,969,000 | 0.74% |
| Spdr S&p 500 Etf Tr |
2.75%
8,404
|
$4,573,625,000 | 0.71% |
| Halliburton Co. |
Closed
114,108
|
$4,498,137,000 | |
| Johnson & Johnson |
5.89%
30,300
|
$4,428,576,000 | 0.69% |
| Marriott Intl Inc New |
2.81%
17,889
|
$4,325,024,000 | 0.67% |
| Labcorp Holdings Inc. |
Opened
19,540
|
$3,976,585,000 | 0.62% |
| Boeing Co. |
Closed
20,032
|
$3,865,976,000 | |
| Nike, Inc. |
7.16%
49,448
|
$3,726,896,000 | 0.58% |
| Texas Pacific Land Corporati |
Opened
3,985
|
$2,926,066,000 | 0.46% |
| Laboratory Corp Amer Hldgs |
Closed
12,965
|
$2,832,334,000 | |
| Autodesk Inc. |
Closed
10,873
|
$2,831,547,000 | |
| Darden Restaurants, Inc. |
Closed
16,427
|
$2,745,773,000 | |
| Textron Inc. |
Opened
30,799
|
$2,644,402,000 | 0.41% |
| Dimensional Etf Trust |
0.91%
96,677
|
$3,289,238,000 | 0.51% |
| Trane Technologies plc |
20.02%
4,658
|
$1,532,156,000 | 0.24% |
| Intercontinental Exchange In |
3.59%
7,614
|
$1,042,280,000 | 0.16% |
| The Southern Co. |
43.04%
12,563
|
$974,507,000 | 0.15% |
| Pinnacle Finl Partners Inc |
No change
10,941
|
$875,718,000 | 0.14% |
| Fidelity Wise Origin Bitcoin |
Opened
14,470
|
$759,096,000 | 0.12% |
| Church & Dwight Co., Inc. |
No change
5,753
|
$596,471,000 | 0.09% |
| Main Str Cap Corp |
Opened
11,500
|
$580,635,000 | 0.09% |
| Becton Dickinson & Co. |
No change
2,070
|
$483,780,000 | 0.08% |
| Coca-Cola Co |
23.14%
7,226
|
$459,935,000 | 0.07% |
| Illinois Tool Wks Inc |
No change
1,730
|
$409,941,000 | 0.06% |
| Cisco Sys Inc |
Opened
8,501
|
$403,883,000 | 0.06% |
| Oracle Corp. |
Opened
2,634
|
$371,921,000 | 0.06% |
| Exxon Mobil Corp. |
Opened
3,222
|
$370,917,000 | 0.06% |
| Qualcomm, Inc. |
No change
1,805
|
$359,520,000 | 0.06% |
| International Business Machs |
No change
2,076
|
$359,044,000 | 0.06% |
| Constellation Energy Corp |
Opened
1,666
|
$333,650,000 | 0.05% |
| Carmax Inc |
No change
4,100
|
$300,694,000 | 0.05% |
| NVR Inc. |
No change
33
|
$250,422,000 | 0.04% |
| Booking Holdings Inc |
No change
59
|
$233,729,000 | 0.04% |
| American Express Co. |
Opened
900
|
$208,395,000 | 0.03% |
| Citizens, Inc. |
Opened
23,617
|
$64,238,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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