Marino, Stram & Associates 13F annual report
Marino, Stram & Associates is an investment fund managing more than $405 billion ran by Richard Stram. There are currently 118 companies in Mr. Stram’s portfolio. The largest investments include Vanguard Whitehall Fds and Ishares Tr, together worth $173 billion.
$405 billion Assets Under Management (AUM)
As of 11th July 2024, Marino, Stram & Associates’s top holding is 571,428 shares of Vanguard Whitehall Fds currently worth over $65.7 billion and making up 16.2% of the portfolio value.
In addition, the fund holds 903,262 shares of Ishares Tr worth $107 billion.
The third-largest holding is Spdr Ser Tr worth $34.8 billion and the next is Vanguard Index Fds worth $49.1 billion, with 227,237 shares owned.
Currently, Marino, Stram & Associates's portfolio is worth at least $405 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 Marino, Stram & Associates
The Marino, Stram & Associates office and employees reside in Braintree, Massachusetts. According to the last 13-F report filed with the SEC, Richard Stram serves as the Chief Compliance Officer at Marino, Stram & Associates.
Recent trades
In the most recent 13F filing, Marino, Stram & Associates revealed that it had opened a new position in
ServiceNow Inc and bought 276 shares worth $217 million.
This means they effectively own approximately 0.1% of the company.
ServiceNow Inc makes up
1.1%
of the fund's Technology sector allocation and has grown its share price by 23.3% in the past year.
The investment fund also strengthened its position in Vanguard Whitehall Fds by buying
9,618 additional shares.
This makes their stake in Vanguard Whitehall Fds total 571,428 shares worth $65.7 billion.
On the other hand, there are companies that Marino, Stram & Associates is getting rid of from its portfolio.
Marino, Stram & Associates closed its position in DraftKings on 18th July 2024.
It sold the previously owned 245,848 shares for $11.2 billion.
Richard Stram also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $107 billion and 903,262 shares.
One of the average hedge funds
The two most similar investment funds to Marino, Stram & Associates are Kozak & Associates and Contrarian Capital Management, L.L.C. They manage $405 billion and $405 billion respectively.
Richard Stram investment strategy
Marino, Stram & Associates’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 4.7% of
the total portfolio value.
The fund focuses on investments in the United States as
55.1% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $212 billion.
The complete list of Marino, Stram & Associates trades based on 13F SEC filings
These positions were updated on July 18th 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 |
|---|---|---|---|
| Vanguard Whitehall Fds |
1.71%
571,428
|
$65,708,206,000 | 16.22% |
| Ishares Tr |
0.24%
903,262
|
$106,809,423,000 | 26.37% |
| Spdr Ser Tr |
1.96%
295,774
|
$34,814,506,000 | 8.60% |
| Vanguard Index Fds |
0.97%
227,237
|
$49,060,093,000 | 12.11% |
| DraftKings Inc. |
Closed
245,848
|
$11,163,958,000 | |
| Apple Inc |
9.12%
43,952
|
$9,257,236,000 | 2.29% |
| Microsoft Corporation |
13.86%
19,184
|
$8,574,452,000 | 2.12% |
| Jpmorgan Chase Co. |
1.00%
27,914
|
$5,645,864,000 | 1.39% |
| Indexiq Etf Tr |
1.31%
175,933
|
$4,697,407,000 | 1.16% |
| Merck Co Inc |
0.63%
35,218
|
$4,360,043,000 | 1.08% |
| Berkshire Hathaway Inc. |
1.00%
9,880
|
$4,019,052,000 | 0.99% |
| Vanguard Specialized Funds |
4.22%
20,242
|
$3,695,139,000 | 0.91% |
| Amazon.com Inc. |
6.18%
18,036
|
$3,485,457,000 | 0.86% |
| Nushares Etf Tr |
2.55%
96,121
|
$3,995,191,000 | 0.99% |
| Invesco Exchange Traded Fd T |
27.39%
20,077
|
$3,298,263,000 | 0.81% |
| Procter And Gamble Co |
1.27%
19,350
|
$3,191,127,000 | 0.79% |
| Lockheed Martin Corp. |
0.18%
6,657
|
$3,109,666,000 | 0.77% |
| Pepsico Inc |
2.91%
18,188
|
$2,999,820,000 | 0.74% |
| Blackrock Inc. |
No change
3,389
|
$2,668,202,000 | 0.66% |
| Coca-Cola Co |
0.59%
41,861
|
$2,664,483,000 | 0.66% |
| Eli Lilly Co |
0.68%
2,814
|
$2,547,402,000 | 0.63% |
| Mcdonalds Corp |
0.22%
9,881
|
$2,518,169,000 | 0.62% |
| Johnson Johnson |
36.21%
16,248
|
$2,374,838,000 | 0.59% |
| Abbvie Inc |
0.38%
13,587
|
$2,330,419,000 | 0.58% |
| Exxon Mobil Corp. |
0.86%
20,043
|
$2,307,326,000 | 0.57% |
| Alphabet Inc |
6.38%
22,407
|
$4,096,540,000 | 1.01% |
| J P Morgan Exchange Traded F |
200.81%
38,113
|
$2,160,259,000 | 0.53% |
| Verizon Communications Inc |
0.71%
50,812
|
$2,095,466,000 | 0.52% |
| Marathon Pete Corp |
0.64%
11,477
|
$1,990,984,000 | 0.49% |
| Consolidated Edison, Inc. |
0.76%
19,474
|
$1,741,408,000 | 0.43% |
| Duke Energy Corp. |
0.26%
17,256
|
$1,729,549,000 | 0.43% |
| AMGEN Inc. |
0.08%
4,793
|
$1,497,550,000 | 0.37% |
| Mondelez International Inc. |
0.15%
21,529
|
$1,408,828,000 | 0.35% |
| Pfizer Inc. |
4.68%
48,514
|
$1,357,435,000 | 0.34% |
| Vanguard World Fd |
2.95%
15,213
|
$1,600,838,000 | 0.40% |
| Altria Group Inc. |
3.43%
29,306
|
$1,334,882,000 | 0.33% |
| Valero Energy Corp. |
0.28%
8,481
|
$1,329,503,000 | 0.33% |
| Philip Morris International Inc |
4.24%
12,433
|
$1,259,833,000 | 0.31% |
| Meta Platforms Inc |
1.81%
2,171
|
$1,094,728,000 | 0.27% |
| Klaviyo Inc |
No change
43,868
|
$1,091,875,000 | 0.27% |
| Schwab Strategic Tr |
No change
18,484
|
$1,389,407,000 | 0.34% |
| Progressive Corp. |
0.70%
5,071
|
$1,053,297,000 | 0.26% |
| Thermo Fisher Scientific Inc. |
2.97%
1,904
|
$1,053,016,000 | 0.26% |
| Spdr Sp 500 Etf Tr |
1.64%
1,922
|
$1,046,148,000 | 0.26% |
| NVIDIA Corp |
994.61%
8,319
|
$1,027,778,000 | 0.25% |
| Omnicom Group, Inc. |
2.31%
11,345
|
$1,017,653,000 | 0.25% |
| Taiwan Semiconductor Mfg Ltd |
0.10%
5,789
|
$1,006,116,000 | 0.25% |
| Genuine Parts Co. |
0.10%
7,247
|
$1,002,431,000 | 0.25% |
| American Elec Pwr Co Inc |
0.26%
10,915
|
$957,713,000 | 0.24% |
| The Southern Co. |
0.08%
12,122
|
$940,273,000 | 0.23% |
| Simon Ppty Group Inc New |
1.99%
6,170
|
$936,531,000 | 0.23% |
| United Parcel Service, Inc. |
1.83%
6,771
|
$926,670,000 | 0.23% |
| Kimberly-Clark Corp. |
14.38%
6,701
|
$926,087,000 | 0.23% |
| Gallagher Arthur J Co |
1.93%
3,538
|
$917,519,000 | 0.23% |
| Fastenal Co. |
0.47%
14,313
|
$899,427,000 | 0.22% |
| Williams Cos Inc |
0.71%
21,123
|
$897,726,000 | 0.22% |
| Visa Inc |
0.95%
3,416
|
$896,639,000 | 0.22% |
| Walmart Inc |
0.13%
12,961
|
$877,588,000 | 0.22% |
| Broadcom Inc. |
3.24%
541
|
$869,372,000 | 0.21% |
| Truist Finl Corp |
0.09%
22,084
|
$857,959,000 | 0.21% |
| Palo Alto Networks Inc |
0.45%
2,437
|
$826,167,000 | 0.20% |
| Invesco Exch Traded Fd Tr Ii |
No change
43,380
|
$816,412,000 | 0.20% |
| Wisdomtree Tr |
0.12%
40,578
|
$1,663,082,000 | 0.41% |
| Ventas Inc |
0.97%
15,809
|
$810,383,000 | 0.20% |
| Interpublic Group Cos Inc |
0.12%
26,871
|
$781,664,000 | 0.19% |
| Enbridge Inc |
3.54%
21,319
|
$758,760,000 | 0.19% |
| Paychex Inc. |
3.17%
6,276
|
$744,104,000 | 0.18% |
| Mastercard Incorporated |
4.54%
1,658
|
$731,438,000 | 0.18% |
| Illinois Tool Wks Inc |
2.80%
3,020
|
$715,653,000 | 0.18% |
| Entergy Corp. |
0.20%
5,891
|
$630,298,000 | 0.16% |
| Spdr Gold Tr |
No change
2,874
|
$617,939,000 | 0.15% |
| Colgate-Palmolive Co. |
0.18%
6,202
|
$601,826,000 | 0.15% |
| Nuveen Pfd Income Opportun |
No change
79,161
|
$591,333,000 | 0.15% |
| Alliant Energy Corp. |
Closed
11,050
|
$556,920,000 | |
| Salesforce Inc |
15.58%
2,137
|
$549,444,000 | 0.14% |
| American Express Co. |
No change
2,354
|
$545,153,000 | 0.13% |
| Medtronic Plc |
3.85%
6,861
|
$539,993,000 | 0.13% |
| Bank America Corp |
23.98%
13,023
|
$517,928,000 | 0.13% |
| Cisco Sys Inc |
3.72%
10,783
|
$512,292,000 | 0.13% |
| Chevron Corp. |
0.35%
3,152
|
$493,010,000 | 0.12% |
| Novartis AG |
1.10%
4,416
|
$470,083,000 | 0.12% |
| Qualcomm, Inc. |
20.80%
2,319
|
$461,914,000 | 0.11% |
| Disney Walt Co |
42.40%
4,480
|
$444,868,000 | 0.11% |
| Citigroup Inc |
2.14%
6,723
|
$426,662,000 | 0.11% |
| Rbb Fd Inc |
0.83%
21,618
|
$1,066,799,000 | 0.26% |
| Regeneron Pharmaceuticals, Inc. |
No change
372
|
$390,983,000 | 0.10% |
| CVS Health Corp |
1.80%
6,432
|
$379,851,000 | 0.09% |
| Vanguard Intl Equity Index F |
1.07%
8,541
|
$373,753,000 | 0.09% |
| Home Depot, Inc. |
4.95%
1,075
|
$369,985,000 | 0.09% |
| Morgan Stanley |
32.07%
3,802
|
$369,510,000 | 0.09% |
| Adobe Inc |
2.06%
664
|
$368,879,000 | 0.09% |
| Unitedhealth Group Inc |
0.42%
718
|
$365,569,000 | 0.09% |
| RTX Corp |
1.31%
3,534
|
$354,761,000 | 0.09% |
| Gap, Inc. |
0.06%
14,498
|
$346,358,000 | 0.09% |
| Price T Rowe Group Inc |
0.07%
2,832
|
$326,561,000 | 0.08% |
| Akamai Technologies Inc |
Closed
2,955
|
$321,386,000 | |
| Blackstone Inc |
0.08%
2,596
|
$321,323,000 | 0.08% |
| Kenvue Inc |
Closed
14,506
|
$311,296,000 | |
| Marvell Technology Inc |
16.87%
4,361
|
$304,830,000 | 0.08% |
| Intel Corp. |
18.12%
9,181
|
$284,327,000 | 0.07% |
| Wells Fargo Co New |
4.69%
4,739
|
$281,443,000 | 0.07% |
| Analog Devices Inc. |
48.20%
1,163
|
$265,466,000 | 0.07% |
| Alibaba Group Hldg Ltd |
0.20%
3,501
|
$252,072,000 | 0.06% |
| Goldman Sachs Etf Tr |
No change
7,488
|
$251,971,000 | 0.06% |
| Unilever plc |
0.04%
4,519
|
$248,526,000 | 0.06% |
| Tjx Cos Inc New |
0.36%
2,250
|
$247,761,000 | 0.06% |
| Att Inc |
16.46%
12,802
|
$244,642,000 | 0.06% |
| Nike, Inc. |
Closed
2,566
|
$241,197,000 | |
| Comcast Corp New |
1.37%
6,107
|
$239,136,000 | 0.06% |
| Intuit Inc |
No change
363
|
$238,806,000 | 0.06% |
| Boeing Co. |
3.30%
1,288
|
$234,411,000 | 0.06% |
| GSK Plc |
21.10%
6,061
|
$233,347,000 | 0.06% |
| Travelers Companies Inc. |
3.16%
1,135
|
$230,728,000 | 0.06% |
| 3M Co. |
7.12%
2,232
|
$228,059,000 | 0.06% |
| Abbott Labs |
No change
2,155
|
$223,927,000 | 0.06% |
| ServiceNow Inc |
Opened
276
|
$217,121,000 | 0.05% |
| Ishares Tr |
Closed
2,064
|
$214,244,000 | |
| GE Aerospace |
20.86%
1,324
|
$210,502,000 | 0.05% |
| Constellation Brands, Inc. |
No change
810
|
$208,336,000 | 0.05% |
| Automatic Data Processing In |
0.47%
862
|
$205,779,000 | 0.05% |
| Tesla Inc |
25.09%
1,015
|
$200,848,000 | 0.05% |
| HarborOne Bancorp Inc. |
5.09%
10,742
|
$119,558,000 | 0.03% |
| Viatris Inc. |
1.59%
10,342
|
$109,940,000 | 0.03% |
| Lloyds Banking Group plc |
No change
24,503
|
$66,893,000 | 0.02% |
| Singular Genomics Systems In |
Closed
40,000
|
$20,568,000 | |
| No transactions found | |||
| Showing first 500 out of 125 holdings | |||
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