Rk Asset Management 13F annual report
Rk Asset Management is an investment fund managing more than $116 million ran by Raja Elachkar. There are currently 21 companies in Mr. Elachkar’s portfolio. The largest investments include National Western Life Inc and Natl Beverage Corp (hldg Co), together worth $33 million.
$116 million Assets Under Management (AUM)
As of 26th July 2024, Rk Asset Management’s top holding is 45,959 shares of National Western Life Inc currently worth over $22.8 million and making up 19.7% of the portfolio value.
Relative to the number of outstanding shares of National Western Life Inc, Rk Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 198,005 shares of Natl Beverage Corp (hldg Co) worth $10.1 million.
The third-largest holding is Regeneron Pharmaceuticals worth $9.57 million and the next is Buckle worth $8.61 million, with 233,054 shares owned.
Currently, Rk Asset Management's portfolio is worth at least $116 million. 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 Rk Asset Management
The Rk Asset Management office and employees reside in Grosse Pointe Farms, Michigan. According to the last 13-F report filed with the SEC, Raja Elachkar serves as the Managing Member and Chief Compliance Officer at Rk Asset Management.
Recent trades
In the most recent 13F filing, Rk Asset Management revealed that it had increased its stake in
Campbell Soup Co and bought 4,363 additional shares worth around $213 thousand.
This means they effectively own approximately 0.1% of the company.
Campbell Soup Co makes up
47.7%
of the fund's Consumer Staples sector allocation and has grown its share price by 3.6% in the past year.
On the other hand, Raja Elachkar disclosed a decreased stake in National Western Life Inc by approximately 0.1%.
This leaves the value of the investment at $22.8 million and 45,959 shares.
One of the smallest hedge funds
The two most similar investment funds to Rk Asset Management are Harleysville and Edmond De Rothschild (monaco). They manage $116 million and $116 million respectively.
Raja Elachkar investment strategy
Rk Asset Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 33.4% of
the total portfolio value.
The fund focuses on investments in the United States as
76.2% 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
33% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $98.7 billion.
The complete list of Rk Asset Management trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| National Western Life Group Inc |
6.59%
45,959
|
$22,839,000 | 19.73% |
| Natl Beverage Corp (hldg Co) |
1.75%
198,005
|
$10,146,000 | 8.76% |
| Regeneron Pharmaceuticals, Inc. |
3.11%
9,107
|
$9,572,000 | 8.27% |
| Buckle, Inc. |
0.82%
233,054
|
$8,609,000 | 7.44% |
| Kraft Heinz Co |
2.18%
211,102
|
$6,802,000 | 5.87% |
| U Haul Holding Company Ser N |
1.49%
110,452
|
$6,629,000 | 5.73% |
| Campbell Soup Co. |
3.29%
137,050
|
$6,193,000 | 5.35% |
| Mohawk Industries, Inc. |
1.88%
50,149
|
$5,696,000 | 4.92% |
| Berkshire Hathaway Inc. |
8.15%
13,709
|
$5,577,000 | 4.82% |
| NewMarket Corp. |
3.00%
10,698
|
$5,516,000 | 4.76% |
| Jj Snack Foods |
1.27%
33,269
|
$5,402,000 | 4.67% |
| Fastenal Co. |
4.45%
70,243
|
$4,414,000 | 3.81% |
| SEI Investments Co. |
1.45%
67,700
|
$4,380,000 | 3.78% |
| Franklin Resources, Inc. |
1.11%
154,986
|
$3,464,000 | 2.99% |
| Dorman Products Inc |
1.05%
37,654
|
$3,445,000 | 2.98% |
| Lincoln National Corp Ind |
0.80%
95,668
|
$2,975,000 | 2.57% |
| Berkshire Hathaway Inc. |
No change
4
|
$2,449,000 | 2.12% |
| Futurefuel Corp |
1.53%
278,024
|
$1,426,000 | 1.23% |
| U-Haul Holding Company |
22.56%
3,243
|
$200,000 | 0.17% |
| Opko Health Inc |
No change
36,685
|
$46,000 | 0.04% |
| Globus Medical Inc A |
No change
100
|
$7,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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