First Washington Corp 13F annual report
First Washington Corp is an investment fund managing more than $269 billion ran by David Lewis. There are currently 57 companies in Mr. Lewis’s portfolio. The largest investments include Paccar and Spdr Sp 500 Etf Tr, together worth $49.2 billion.
$269 billion Assets Under Management (AUM)
As of 5th August 2024, First Washington Corp’s top holding is 352,089 shares of Paccar currently worth over $36.2 billion and making up 13.5% of the portfolio value.
Relative to the number of outstanding shares of Paccar, First Washington Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 23,785 shares of Spdr Sp 500 Etf Tr worth $12.9 billion.
The third-largest holding is Microsoft worth $11.6 billion and the next is Ishares Tr worth $9.98 billion, with 102,850 shares owned.
Currently, First Washington Corp's portfolio is worth at least $269 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 Washington Corp
The First Washington Corp office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, David Lewis serves as the CEO&CCO at First Washington Corp.
Recent trades
In the most recent 13F filing, First Washington Corp revealed that it had opened a new position in
Ishares Tr and bought 102,850 shares worth $9.98 billion.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
427 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 23,785 shares worth $12.9 billion.
On the other hand, there are companies that First Washington Corp is getting rid of from its portfolio.
First Washington Corp closed its position in Zuora Inc on 12th August 2024.
It sold the previously owned 557,088 shares for $5.24 billion.
David Lewis also disclosed a decreased stake in Paccar by 0.2%.
This leaves the value of the investment at $36.2 billion and 352,089 shares.
One of the smaller hedge funds
The two most similar investment funds to First Washington Corp are Auour Investments and Pya Waltman Capital. They manage $269 billion and $269 billion respectively.
David Lewis investment strategy
First Washington Corp’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 22.3% of
the total portfolio value.
The fund focuses on investments in the United States as
61.4% 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
35% of the total holdings value.
On the other hand, small-cap stocks make up only 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $181 billion.
The complete list of First Washington Corp 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 |
|---|---|---|---|
| Paccar Inc. |
19.87%
352,089
|
$36,244,042,000 | 13.49% |
| Spdr Sp 500 Etf Tr |
1.83%
23,785
|
$12,944,273,000 | 4.82% |
| Microsoft Corporation |
15.51%
25,974
|
$11,609,079,000 | 4.32% |
| Ishares Tr |
Opened
102,850
|
$9,983,650,000 | 3.72% |
| Costco Whsl Corp New |
0.95%
10,304
|
$8,758,297,000 | 3.26% |
| Washington Fed Inc |
11.83%
250,549
|
$7,160,690,000 | 2.67% |
| Ge Healthcare Technologies I |
60.23%
89,122
|
$6,944,386,000 | 2.59% |
| Amazon.com Inc. |
2.40%
35,746
|
$6,907,915,000 | 2.57% |
| Mastec Inc. |
1.49%
64,439
|
$6,894,329,000 | 2.57% |
| Granite Constr Inc |
2.04%
104,704
|
$6,488,507,000 | 2.42% |
| Dycom Inds Inc |
8.59%
38,124
|
$6,433,806,000 | 2.40% |
| Bank America Corp |
52.59%
160,845
|
$6,396,806,000 | 2.38% |
| Landsea Homes Corp |
2.06%
668,971
|
$6,147,843,000 | 2.29% |
| Alaska Air Group Inc. |
11.54%
146,062
|
$5,900,905,000 | 2.20% |
| Vericel Corp |
13.52%
126,356
|
$5,797,213,000 | 2.16% |
| Northwestern Energy Group In |
Opened
113,799
|
$5,699,054,000 | 2.12% |
| Uber Technologies Inc |
15.57%
76,417
|
$5,553,988,000 | 2.07% |
| Micron Technology Inc. |
Opened
40,598
|
$5,339,855,000 | 1.99% |
| Cleveland-Cliffs Inc |
25.74%
342,381
|
$5,269,244,000 | 1.96% |
| Zuora Inc |
Closed
557,088
|
$5,236,627,000 | |
| Ford Mtr Co Del |
23.99%
411,515
|
$5,160,398,000 | 1.92% |
| Summit Matls Inc |
Closed
133,696
|
$5,141,948,000 | |
| VanEck ETF Trust |
Opened
151,511
|
$5,140,768,000 | 1.91% |
| Ge Vernova Inc |
Opened
29,904
|
$5,128,835,000 | 1.91% |
| Darling Ingredients Inc |
85.61%
136,213
|
$5,005,828,000 | 1.86% |
| Pnm Res Inc |
Opened
133,990
|
$4,952,270,000 | 1.84% |
| Tenable Holdings Inc |
31.38%
113,319
|
$4,938,442,000 | 1.84% |
| Intercontinental Exchange In |
12.70%
34,202
|
$4,681,912,000 | 1.74% |
| Boeing Co. |
90.40%
24,956
|
$4,542,242,000 | 1.69% |
| Cantaloupe Inc |
3.11%
685,820
|
$4,526,412,000 | 1.69% |
| CME Group Inc |
13.04%
21,231
|
$4,174,015,000 | 1.55% |
| Alphabet Inc |
2.06%
19,995
|
$3,642,089,000 | 1.36% |
| Crowdstrike Holdings Inc |
51.52%
9,352
|
$3,583,593,000 | 1.33% |
| Medtronic Plc |
2.00%
44,253
|
$3,483,154,000 | 1.30% |
| Cboe Global Mkts Inc |
11.06%
19,967
|
$3,395,588,000 | 1.26% |
| Northwest Nat Hldg Co |
21.54%
89,780
|
$3,241,956,000 | 1.21% |
| Idacorp, Inc. |
21.22%
33,378
|
$3,109,161,000 | 1.16% |
| Nasdaq Inc |
16.02%
46,504
|
$2,802,331,000 | 1.04% |
| nLIGHT Inc |
30.76%
242,568
|
$2,651,268,000 | 0.99% |
| EQT Corp |
2.06%
71,354
|
$2,638,671,000 | 0.98% |
| Snowflake Inc. |
Closed
12,647
|
$2,516,753,000 | |
| Macys Inc |
61.28%
128,797
|
$2,472,902,000 | 0.92% |
| Neuronetics Inc |
170.79%
1,274,540
|
$2,294,172,000 | 0.85% |
| Five9 Inc |
40.09%
51,944
|
$2,290,730,000 | 0.85% |
| Viking Therapeutics Inc |
83.41%
39,690
|
$2,103,967,000 | 0.78% |
| Lennar Corp. |
23.65%
13,928
|
$2,087,389,000 | 0.78% |
| Zscaler Inc |
13.61%
8,514
|
$1,636,306,000 | 0.61% |
| Ishares Tr |
No change
31,420
|
$1,609,961,000 | 0.60% |
| Devon Energy Corp. |
12.03%
32,807
|
$1,555,052,000 | 0.58% |
| Marvell Technology Inc |
26.83%
19,860
|
$1,388,214,000 | 0.52% |
| Apple Inc |
63.03%
6,444
|
$1,357,235,000 | 0.51% |
| Merck Co Inc |
No change
10,482
|
$1,297,672,000 | 0.48% |
| Generac Holdings Inc |
50.42%
9,310
|
$1,230,968,000 | 0.46% |
| Chargepoint Holdings Inc. |
1.80%
775,666
|
$1,171,256,000 | 0.44% |
| Qualcomm, Inc. |
33.00%
5,298
|
$1,055,256,000 | 0.39% |
| Advanced Micro Devices Inc. |
No change
3,719
|
$603,259,000 | 0.22% |
| Energy Vault Holdings Inc |
43.79%
465,535
|
$442,072,000 | 0.16% |
| Berkshire Hathaway Inc. |
No change
650
|
$264,420,000 | 0.10% |
| Zillow Group Inc |
No change
5,000
|
$231,950,000 | 0.09% |
| Zumiez Inc |
No change
11,338
|
$220,864,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 60 holdings | |||
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