Stack Management, Inc 13F annual report
Stack Management, Inc is an investment fund managing more than $1.08 trillion ran by Jeanine Morreim. There are currently 48 companies in Mrs. Morreim’s portfolio. The largest investments include Microsoft and Walmart Inc, together worth $183 billion.
$1.08 trillion Assets Under Management (AUM)
As of 26th July 2024, Stack Management, Inc’s top holding is 243,537 shares of Microsoft currently worth over $109 billion and making up 10.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Stack Management, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 1,099,360 shares of Walmart Inc worth $74.4 billion, whose value fell 58.8% in the past six months.
The third-largest holding is Ishares Tr worth $51.1 billion and the next is Berkshire Hathaway worth $50.7 billion, with 124,552 shares owned.
Currently, Stack Management, Inc's portfolio is worth at least $1.08 trillion. 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 Stack Management, Inc
The Stack Management, Inc office and employees reside in Whitefish, Montana. According to the last 13-F report filed with the SEC, Jeanine Morreim serves as the Chief Compliance Officer at Stack Management, Inc.
Recent trades
In the most recent 13F filing, Stack Management, Inc revealed that it had opened a new position in
Ishares Tr and bought 478,820 shares worth $51.1 billion.
The investment fund also strengthened its position in Walmart Inc by buying
730,040 additional shares.
This makes their stake in Walmart Inc total 1,099,360 shares worth $74.4 billion.
Walmart Inc dropped 56.2% in the past year.
On the other hand, there are companies that Stack Management, Inc is getting rid of from its portfolio.
Stack Management, Inc closed its position in Laboratory Corp Amer Hldgs on 2nd August 2024.
It sold the previously owned 75,770 shares for $17.2 billion.
Jeanine Morreim also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $109 billion and 243,537 shares.
One of the average hedge funds
The two most similar investment funds to Stack Management, Inc are Eagle Ridge Investment Management and Kiltearn Partners LL.P.. They manage $1.08 trillion and $1.08 trillion respectively.
Jeanine Morreim investment strategy
Stack Management, Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 13.4% 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
56% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $251 billion.
The complete list of Stack Management, Inc 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 |
|---|---|---|---|
| Microsoft Corporation |
0.62%
243,537
|
$108,848,999,000 | 10.08% |
| Walmart Inc |
197.67%
1,099,360
|
$74,437,669,000 | 6.89% |
| Ishares Tr |
Opened
478,820
|
$51,070,942,000 | 4.73% |
| Berkshire Hathaway Inc. |
0.75%
124,552
|
$50,667,754,000 | 4.69% |
| Quanta Svcs Inc |
1.14%
188,837
|
$47,981,599,000 | 4.44% |
| Chevron Corp. |
30.94%
283,334
|
$44,319,077,000 | 4.10% |
| Accenture Plc Ireland |
0.75%
140,116
|
$42,512,596,000 | 3.94% |
| L3Harris Technologies Inc |
Opened
150,149
|
$33,720,513,000 | 3.12% |
| Waste Mgmt Inc Del |
0.27%
149,856
|
$31,970,310,000 | 2.96% |
| Phillips 66 |
0.03%
225,611
|
$31,849,562,000 | 2.95% |
| Merck Co Inc |
1.13%
221,069
|
$27,368,343,000 | 2.53% |
| Unitedhealth Group Inc |
0.54%
51,286
|
$26,117,938,000 | 2.42% |
| Eog Res Inc |
39.52%
204,113
|
$25,691,723,000 | 2.38% |
| Stryker Corp. |
0.11%
75,071
|
$25,542,923,000 | 2.37% |
| Agnico Eagle Mines Ltd |
0.01%
382,477
|
$25,013,996,000 | 2.32% |
| Cigna Group (The) |
0.41%
74,537
|
$24,639,723,000 | 2.28% |
| Centerpoint Energy Inc. |
0.38%
743,261
|
$23,026,240,000 | 2.13% |
| Mondelez International Inc. |
0.40%
351,284
|
$22,988,039,000 | 2.13% |
| Lockheed Martin Corp. |
1.59%
46,781
|
$21,851,365,000 | 2.02% |
| Conocophillips |
0.19%
186,067
|
$21,282,297,000 | 1.97% |
| Coca-Cola Co |
0.94%
333,376
|
$21,219,369,000 | 1.96% |
| Duke Energy Corp. |
0.57%
198,418
|
$19,887,437,000 | 1.84% |
| Pepsico Inc |
1.36%
120,343
|
$19,848,103,000 | 1.84% |
| Danaher Corp. |
0.85%
78,200
|
$19,538,277,000 | 1.81% |
| Wheaton Precious Metals Corp |
0.27%
367,224
|
$19,249,883,000 | 1.78% |
| IQVIA Holdings Inc |
0.32%
90,989
|
$19,238,715,000 | 1.78% |
| Emerson Elec Co |
3.11%
159,456
|
$17,565,696,000 | 1.63% |
| Laboratory Corp Amer Hldgs |
Closed
75,770
|
$17,221,764,000 | |
| American Elec Pwr Co Inc |
17.10%
192,640
|
$16,902,204,000 | 1.57% |
| Johnson Johnson |
2.13%
109,899
|
$16,062,897,000 | 1.49% |
| Procter And Gamble Co |
0.40%
95,819
|
$15,802,413,000 | 1.46% |
| Labcorp Holdings Inc. |
Opened
75,581
|
$15,381,503,000 | 1.42% |
| Dover Corp. |
0.95%
83,414
|
$15,052,057,000 | 1.39% |
| Medtronic Plc |
0.60%
182,498
|
$14,364,418,000 | 1.33% |
| Newmont Corp |
0.21%
301,215
|
$12,611,868,000 | 1.17% |
| DTE Energy Co. |
Opened
112,883
|
$12,531,142,000 | 1.16% |
| Genuine Parts Co. |
0.64%
89,098
|
$12,324,036,000 | 1.14% |
| Comcast Corp New |
1.01%
302,915
|
$11,862,152,000 | 1.10% |
| Union Pac Corp |
Opened
50,285
|
$11,377,485,000 | 1.05% |
| Ameren Corp. |
0.32%
158,625
|
$11,279,824,000 | 1.04% |
| Kraft Heinz Co |
Opened
348,142
|
$11,217,136,000 | 1.04% |
| CVS Health Corp |
Closed
126,778
|
$10,010,391,000 | |
| Veralto Corp |
0.03%
25,461
|
$2,430,763,000 | 0.23% |
| Select Sector Spdr Tr |
Closed
14,424
|
$913,472,000 | |
| VanEck ETF Trust |
3.32%
26,520
|
$899,824,000 | 0.08% |
| Spdr Sp 500 Etf Tr |
6.38%
1,540
|
$838,099,000 | 0.08% |
| Apple Inc |
90.83%
2,101
|
$442,513,000 | 0.04% |
| Intel Corp. |
Opened
8,000
|
$247,760,000 | 0.02% |
| Select Sector Spdr Tr |
35.05%
2,018
|
$245,934,000 | 0.02% |
| Select Sector Spdr Tr |
Opened
3,894
|
$439,023,000 | 0.04% |
| Illinois Tool Wks Inc |
Opened
860
|
$203,786,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 51 holdings | |||
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