First City Capital Management 13F annual report
First City Capital Management is an investment fund managing more than $181 billion ran by A.m.j. Sarabia. There are currently 150 companies in Sarabia’s portfolio. The largest investments include Microsoft and Home Depot, together worth $17.9 billion.
$181 billion Assets Under Management (AUM)
As of 15th May 2024, First City Capital Management’s top holding is 25,526 shares of Microsoft currently worth over $10.7 billion and making up 5.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, First City Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 18,597 shares of Home Depot worth $7.13 billion, whose value grew 8.7% in the past six months.
The third-largest holding is Eli Lilly & Co worth $6.92 billion and the next is Spdr S&p 500 Etf Tr worth $6.29 billion, with 12,027 shares owned.
Currently, First City Capital Management's portfolio is worth at least $181 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 First City Capital Management
The First City Capital Management office and employees reside in Savannah, Georgia. According to the last 13-F report filed with the SEC, A.m.j. Sarabia serves as the CCO at First City Capital Management.
Recent trades
In the most recent 13F filing, First City Capital Management revealed that it had opened a new position in
Invesco Exch Trd Slf Idx Fd and bought 82,646 shares worth $1.54 billion.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
2 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 12,027 shares worth $6.29 billion.
On the other hand, there are companies that First City Capital Management is getting rid of from its portfolio.
First City Capital Management closed its position in Direxion Shs Etf Tr on 22nd May 2024.
It sold the previously owned 68,930 shares for $990 million.
A.m.j. Sarabia also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $10.7 billion and 25,526 shares.
One of the smallest hedge funds
The two most similar investment funds to First City Capital Management are Toronado Partners and Myriad Asset Management Us L.P.. They manage $181 billion and $181 billion respectively.
A.m.j. Sarabia investment strategy
First City Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 12.0% of
the total portfolio value.
The fund focuses on investments in the United States as
53.3% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
The complete list of First City Capital Management trades based on 13F SEC filings
These positions were updated on May 22nd 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 |
0.97%
25,526
|
$10,739,339,000 | 5.95% |
| Home Depot, Inc. |
11.52%
18,597
|
$7,133,809,000 | 3.95% |
| Eli Lilly & Co |
12.86%
8,890
|
$6,916,438,000 | 3.83% |
| Spdr S&p 500 Etf Tr |
0.02%
12,027
|
$6,290,963,000 | 3.48% |
| Coca-Cola Co |
16.70%
98,071
|
$5,999,969,000 | 3.32% |
| Exxon Mobil Corp. |
1.85%
45,693
|
$5,311,354,000 | 2.94% |
| Abbvie Inc |
4.68%
28,614
|
$5,210,685,000 | 2.89% |
| Berkshire Hathaway Inc. |
3.33%
9,944
|
$4,181,651,000 | 2.32% |
| Unified Ser Tr |
30.64%
102,977
|
$3,904,517,000 | 2.16% |
| Merck & Co Inc |
5.21%
28,214
|
$3,722,837,000 | 2.06% |
| Vanguard Index Fds |
15.08%
11,829
|
$4,346,492,000 | 2.41% |
| Apple Inc |
2.08%
20,547
|
$3,523,406,000 | 1.95% |
| JPMorgan Chase & Co. |
0.89%
16,740
|
$3,353,022,000 | 1.86% |
| NVIDIA Corp |
0.09%
3,520
|
$3,180,531,000 | 1.76% |
| Amazon.com Inc. |
0.10%
16,391
|
$2,956,609,000 | 1.64% |
| Procter And Gamble Co |
13.21%
15,023
|
$2,437,524,000 | 1.35% |
| Bank America Corp |
1.65%
58,249
|
$2,208,788,000 | 1.22% |
| RTX Corp |
11.30%
22,589
|
$2,203,134,000 | 1.22% |
| Avery Dennison Corp. |
No change
9,290
|
$2,073,993,000 | 1.15% |
| Chevron Corp. |
3.81%
12,713
|
$2,005,349,000 | 1.11% |
| International Business Machs |
1.49%
10,262
|
$1,959,632,000 | 1.09% |
| Illinois Tool Wks Inc |
19.98%
6,673
|
$1,790,566,000 | 0.99% |
| Innovator ETFs Trust |
0.00%
99,484
|
$3,531,556,000 | 1.96% |
| Verizon Communications Inc |
0.96%
42,332
|
$1,776,233,000 | 0.98% |
| CVS Health Corp |
13.45%
21,655
|
$1,727,165,000 | 0.96% |
| Northrop Grumman Corp. |
No change
3,548
|
$1,698,286,000 | 0.94% |
| Lockheed Martin Corp. |
2.42%
3,702
|
$1,683,929,000 | 0.93% |
| The Southern Co. |
19.27%
22,825
|
$1,637,466,000 | 0.91% |
| Lowes Cos Inc |
17.40%
6,208
|
$1,581,282,000 | 0.88% |
| Johnson & Johnson |
12.69%
9,850
|
$1,558,156,000 | 0.86% |
| Paychex Inc. |
2.77%
12,264
|
$1,506,019,000 | 0.83% |
| Bristol-Myers Squibb Co. |
4.58%
26,732
|
$1,449,676,000 | 0.80% |
| Eaton Corp Plc |
6.00%
4,478
|
$1,400,181,000 | 0.78% |
| Pfizer Inc. |
7.55%
50,282
|
$1,395,328,000 | 0.77% |
| Altria Group Inc. |
2.03%
31,986
|
$1,395,248,000 | 0.77% |
| Wells Fargo Co New |
0.69%
23,526
|
$1,363,567,000 | 0.76% |
| Wisdomtree Tr |
6.75%
29,646
|
$1,240,389,000 | 0.69% |
| Cincinnati Finl Corp |
1.98%
9,925
|
$1,232,387,000 | 0.68% |
| Duke Energy Corp. |
1.91%
12,285
|
$1,188,128,000 | 0.66% |
| Mondelez International Inc. |
21.10%
16,616
|
$1,163,120,000 | 0.64% |
| Pepsico Inc |
1.49%
6,458
|
$1,130,207,000 | 0.63% |
| Abbott Labs |
10.39%
9,731
|
$1,106,078,000 | 0.61% |
| AT&T Inc. |
5.57%
62,816
|
$1,105,568,000 | 0.61% |
| AMGEN Inc. |
No change
3,811
|
$1,083,544,000 | 0.60% |
| Honeywell International Inc |
4.18%
5,160
|
$1,059,090,000 | 0.59% |
| Cisco Sys Inc |
2.61%
20,232
|
$1,009,779,000 | 0.56% |
| Direxion Shs Etf Tr |
Closed
68,930
|
$989,835,000 | |
| Ishares Tr |
2.86%
30,749
|
$3,692,224,000 | 2.04% |
| Alphabet Inc |
0.86%
9,536
|
$1,443,333,000 | 0.80% |
| Intel Corp. |
4.09%
21,906
|
$967,589,000 | 0.54% |
| Sanofi |
0.50%
19,906
|
$967,432,000 | 0.54% |
| Qualcomm, Inc. |
10.35%
5,639
|
$954,683,000 | 0.53% |
| Spdr Dow Jones Indl Average |
2.35%
2,392
|
$951,600,000 | 0.53% |
| Crane Co |
2.11%
6,963
|
$940,910,000 | 0.52% |
| Textron Inc. |
No change
8,301
|
$796,315,000 | 0.44% |
| Invesco Exchange Traded Fd T |
2.18%
17,426
|
$1,468,888,000 | 0.81% |
| L3Harris Technologies Inc |
No change
3,657
|
$779,307,000 | 0.43% |
| Freeport-McMoRan Inc |
4.58%
16,106
|
$757,304,000 | 0.42% |
| 3M Co. |
12.93%
7,126
|
$755,855,000 | 0.42% |
| Genuine Parts Co. |
1.81%
4,786
|
$741,572,000 | 0.41% |
| Meta Platforms Inc |
1.70%
1,499
|
$727,884,000 | 0.40% |
| Acuity Brands, Inc. |
15.66%
2,693
|
$723,744,000 | 0.40% |
| Astrazeneca plc |
No change
10,186
|
$690,102,000 | 0.38% |
| Kraft Heinz Co |
5.60%
18,622
|
$687,152,000 | 0.38% |
| Spdr Gold Tr |
No change
3,197
|
$657,687,000 | 0.36% |
| Invesco Exch Traded Fd Tr Ii |
8.25%
31,080
|
$657,342,000 | 0.36% |
| Dover Corp. |
No change
3,589
|
$635,935,000 | 0.35% |
| Comcast Corp New |
0.55%
14,362
|
$622,593,000 | 0.34% |
| Mcdonalds Corp |
3.16%
2,179
|
$614,369,000 | 0.34% |
| Carrier Global Corporation |
20.70%
10,537
|
$612,516,000 | 0.34% |
| Norfolk Southn Corp |
8.86%
2,396
|
$610,669,000 | 0.34% |
| Becton Dickinson & Co. |
14.73%
2,466
|
$610,180,000 | 0.34% |
| Invesco Exch Trd Slf Idx Fd |
Opened
82,646
|
$1,536,435,000 | 0.85% |
| Southern Copper Corporation |
No change
5,724
|
$609,720,000 | 0.34% |
| Chubb Limited |
0.73%
2,318
|
$600,663,000 | 0.33% |
| Cummins Inc. |
3.09%
1,978
|
$582,818,000 | 0.32% |
| Etf Opportunities Trust |
Opened
50,610
|
$565,314,000 | 0.31% |
| Costco Whsl Corp New |
1.28%
769
|
$563,392,000 | 0.31% |
| Boeing Co. |
Closed
2,119
|
$552,349,000 | |
| Spdr Ser Tr |
1.41%
6,275
|
$547,368,000 | 0.30% |
| Unitedhealth Group Inc |
0.99%
1,101
|
$544,665,000 | 0.30% |
| Barrick Gold Corp. |
No change
31,812
|
$529,352,000 | 0.29% |
| Sealed Air Corp. |
1.05%
14,095
|
$524,334,000 | 0.29% |
| Mckesson Corporation |
No change
975
|
$523,429,000 | 0.29% |
| Novartis AG |
1.15%
5,335
|
$516,066,000 | 0.29% |
| Leggett & Platt, Inc. |
No change
26,807
|
$513,354,000 | 0.28% |
| American Express Co. |
38.76%
2,247
|
$511,619,000 | 0.28% |
| NextEra Energy Inc |
33.36%
7,992
|
$510,769,000 | 0.28% |
| Canadian Pacific Kansas City |
No change
5,782
|
$509,799,000 | 0.28% |
| Northern Tr Corp |
23.95%
5,717
|
$508,356,000 | 0.28% |
| Johnson Ctls Intl Plc |
2.62%
7,761
|
$506,949,000 | 0.28% |
| Ssga Active Etf Tr |
0.16%
19,015
|
$785,756,000 | 0.44% |
| Proshares Tr |
0.63%
4,755
|
$482,205,000 | 0.27% |
| KKR & Co. Inc |
No change
4,750
|
$477,755,000 | 0.26% |
| Vanguard Star Fds |
2.05%
7,846
|
$473,114,000 | 0.26% |
| GSK Plc |
1.47%
10,699
|
$458,666,000 | 0.25% |
| Philip Morris International Inc |
42.28%
4,888
|
$447,839,000 | 0.25% |
| Union Pac Corp |
12.89%
1,804
|
$443,658,000 | 0.25% |
| Rio Tinto plc |
12.10%
6,948
|
$442,866,000 | 0.25% |
| Walmart Inc |
187.57%
7,359
|
$442,781,000 | 0.25% |
| Citigroup Inc |
0.71%
6,968
|
$440,669,000 | 0.24% |
| Celanese Corp |
No change
2,547
|
$437,727,000 | 0.24% |
| Medtronic Plc |
11.16%
4,979
|
$433,920,000 | 0.24% |
| Pnc Finl Svcs Group Inc |
0.75%
2,642
|
$426,947,000 | 0.24% |
| Colgate-Palmolive Co. |
0.44%
4,540
|
$408,827,000 | 0.23% |
| SouthState Corporation |
3.13%
4,801
|
$408,229,000 | 0.23% |
| Sovos Brands Inc |
Closed
18,500
|
$407,555,000 | |
| Darden Restaurants, Inc. |
No change
2,400
|
$401,160,000 | 0.22% |
| Wp Carey Inc |
0.49%
6,730
|
$379,841,000 | 0.21% |
| Trane Technologies plc |
No change
1,264
|
$379,453,000 | 0.21% |
| Crane Nxt Co |
2.52%
5,797
|
$358,834,000 | 0.20% |
| International Flavors&fragra |
17.86%
4,125
|
$354,709,000 | 0.20% |
| Whirlpool Corp. |
8.23%
2,955
|
$353,507,000 | 0.20% |
| British Amern Tob Plc |
5.46%
11,590
|
$353,495,000 | 0.20% |
| Innovator ETFs Trust |
Opened
9,495
|
$349,511,000 | 0.19% |
| Goldman Sachs Group, Inc. |
No change
835
|
$348,771,000 | 0.19% |
| Pioneer Nat Res Co |
No change
1,324
|
$347,550,000 | 0.19% |
| Cameco Corp. |
5.92%
7,950
|
$344,394,000 | 0.19% |
| Weyerhaeuser Co Mtn Be |
No change
9,404
|
$337,698,000 | 0.19% |
| Ishares Tr |
Opened
4,219
|
$336,929,000 | 0.19% |
| Cardinal Health, Inc. |
52.49%
2,970
|
$332,343,000 | 0.18% |
| General Mls Inc |
67.97%
4,702
|
$328,999,000 | 0.18% |
| Conocophillips |
No change
2,573
|
$327,491,000 | 0.18% |
| Ishares Gold Tr |
4.13%
7,543
|
$316,881,000 | 0.18% |
| Brown-Forman Corporation |
6.06%
6,105
|
$315,140,000 | 0.17% |
| Fedex Corp |
No change
1,085
|
$314,368,000 | 0.17% |
| Disney Walt Co |
8.48%
2,397
|
$293,317,000 | 0.16% |
| Visa Inc |
27.78%
1,040
|
$290,243,000 | 0.16% |
| Diageo plc |
No change
1,934
|
$287,663,000 | 0.16% |
| Canadian Natl Ry Co |
8.65%
2,164
|
$285,020,000 | 0.16% |
| Ingredion Inc |
No change
2,404
|
$280,907,000 | 0.16% |
| Linde Plc. |
25.00%
600
|
$278,592,000 | 0.15% |
| General Electric Co |
Opened
1,567
|
$275,078,000 | 0.15% |
| United Parcel Service, Inc. |
3.50%
1,848
|
$274,668,000 | 0.15% |
| Xylem Inc |
No change
2,075
|
$268,173,000 | 0.15% |
| Otis Worldwide Corporation |
33.74%
2,700
|
$268,029,000 | 0.15% |
| Newmont Corp |
2.61%
7,475
|
$267,904,000 | 0.15% |
| KLA Corp. |
No change
382
|
$266,854,000 | 0.15% |
| Occidental Pete Corp |
Closed
4,408
|
$263,202,000 | |
| Vanguard Specialized Funds |
Closed
1,518
|
$258,667,000 | |
| Truist Finl Corp |
1.39%
6,632
|
$258,533,000 | 0.14% |
| Dow Inc |
8.04%
4,393
|
$254,486,000 | 0.14% |
| Applied Matls Inc |
5.84%
1,210
|
$249,538,000 | 0.14% |
| Oracle Corp. |
1.25%
1,983
|
$249,085,000 | 0.14% |
| Nucor Corp. |
No change
1,250
|
$247,375,000 | 0.14% |
| Enterprise Prods Partners L |
Opened
8,382
|
$244,577,000 | 0.14% |
| UBS Group AG |
1.87%
7,879
|
$242,043,000 | 0.13% |
| Vanguard Scottsdale Fds |
No change
2,744
|
$237,822,000 | 0.13% |
| Boston Scientific Corp. |
Closed
4,030
|
$232,974,000 | |
| Bio-Techne Corp |
6.17%
3,185
|
$224,192,000 | 0.12% |
| DuPont de Nemours Inc |
Closed
2,846
|
$218,943,000 | |
| Kimberly-Clark Corp. |
No change
1,690
|
$218,602,000 | 0.12% |
| Dominion Energy Inc |
No change
4,386
|
$215,747,000 | 0.12% |
| Regeneron Pharmaceuticals, Inc. |
Opened
223
|
$214,635,000 | 0.12% |
| Phillips 66 |
Opened
1,288
|
$210,382,000 | 0.12% |
| Novo-nordisk A S |
Opened
1,610
|
$206,724,000 | 0.11% |
| Hershey Company |
Closed
1,100
|
$205,084,000 | |
| Vanguard Tax-managed Fds |
Closed
4,196
|
$200,988,000 | |
| Blackrock Muniyild Qult Fd I |
No change
10,548
|
$129,213,000 | 0.07% |
| Warner Bros.Discovery Inc |
Closed
10,310
|
$117,328,000 | |
| No transactions found | |||
| Showing first 500 out of 160 holdings | |||
Hedge funds similar to First City Capital Management
- Ferguson Shapiro
- Napa Wealth Management
- Fwl Investment Management
- Svb Financial Group
- Bank Pictet & Cie (asia) Ltd
- Abbot Management
- Harbour Investment Management
- Toronado Partners
- Myriad Asset Management Us L.P.
- Mcnaughton Wealth Management
- Mkt Advisors
- Dixon Fnancial Services, Inc
- Ctf Capital Management, L.P.
- Rp Management