Landmark Bank 13F annual report

Landmark Bank is an investment fund managing more than $444 million ran by Andrew Musgrave. There are currently 96 companies in Mr. Musgrave’s portfolio. The largest investments include Simmons 1st Natl Corp and Vanguard Index Fds Real Estate, together worth $295 million.

$444 million Assets Under Management (AUM)

As of 7th October 2020, Landmark Bank’s top holding is 10,688,600 shares of Simmons 1st Natl Corp currently worth over $286 million and making up 64.5% of the portfolio value. In addition, the fund holds 98,068 shares of Vanguard Index Fds Real Estate worth $9.1 million. The third-largest holding is Vanguard Tax Managed Intl Fd worth $6.68 million and the next is Spdr Index Shs Fds Sp Intl Smlcp worth $5.99 million, with 187,945 shares owned.

Currently, Landmark Bank's portfolio is worth at least $444 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 Landmark Bank

The Landmark Bank office and employees reside in Columbia, Missouri. According to the last 13-F report filed with the SEC, Andrew Musgrave serves as the SVP-Trust Operations Manager at Landmark Bank.

Recent trades

In the most recent 13F filing, Landmark Bank revealed that it had opened a new position in Simmons 1st Natl Corp and bought 10,688,600 shares worth $286 million.

The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying 42 additional shares. This makes their stake in Spdr Sp 500 Etf Tr total 4,375 shares worth $1.41 million.

On the other hand, there are companies that Landmark Bank is getting rid of from its portfolio. Landmark Bank closed its position in Spdr Sp Midcap 400 Etf Tr on 14th February 2020. It sold the previously owned 568 shares for $200 thousand. Andrew Musgrave also disclosed a decreased stake in Vanguard Index Fds Real Estate by approximately 0.1%. This leaves the value of the investment at $9.1 million and 98,068 shares.

One of the average hedge funds

The two most similar investment funds to Landmark Bank are Gerber Kawasaki Wealth & Investment Management and H Partners Management. They manage $443 million and $445 million respectively.


Andrew Musgrave investment strategy

Landmark Bank’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 4.8% of the total portfolio value. The fund focuses on investments in the United States as 47.9% 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 52% 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 $211 billion.

The complete list of Landmark Bank trades based on 13F SEC filings

These positions were updated on February 14th 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
Simmons 1st Natl Corp
Opened
10,688,600
$286,347,000 64.46%
Vanguard Index Fds Real Estate
3.65%
98,068
$9,100,000 2.05%
Vanguard Tax Managed Intl Fd
5.66%
151,553
$6,677,000 1.50%
Spdr Index Shs Fds Sp Intl Smlcp
5.24%
187,945
$5,988,000 1.35%
Walmart, Inc.
5.11%
45,669
$5,428,000 1.22%
The Home Depot, Inc.
5.76%
24,749
$5,405,000 1.22%
Vanguard Intl Equity Index F
5.77%
119,527
$5,315,000 1.20%
Microsoft Corp.
7.86%
30,646
$4,833,000 1.09%
Disney Walt Co
6.74%
31,394
$4,541,000 1.02%
Facebook, Inc.
7.43%
20,881
$4,286,000 0.96%
Bk Of America Corp
4.99%
119,744
$4,217,000 0.95%
Chevron Corp.
2.96%
34,832
$4,198,000 0.94%
Thermo Fisher Scientific, Inc.
5.64%
12,854
$4,176,000 0.94%
Jpmorgan Chase Co
6.52%
29,507
$4,114,000 0.93%
Microchip Technology, Inc.
5.72%
35,189
$3,685,000 0.83%
KLA Corp.
6.80%
20,077
$3,577,000 0.81%
Automatic Data Processing In
5.12%
19,637
$3,349,000 0.75%
The TJX Cos., Inc.
6.01%
52,963
$3,234,000 0.73%
Johnson Johnson
5.12%
22,151
$3,231,000 0.73%
Henry Jack Assoc Inc
2.33%
20,703
$3,016,000 0.68%
Procter Gamble Co
5.46%
24,083
$3,008,000 0.68%
Gilead Sciences, Inc.
5.64%
44,923
$2,920,000 0.66%
Energizer Hldgs Inc New
5.74%
57,580
$2,892,000 0.65%
Alphabet, Inc.
6.92%
2,152
$2,883,000 0.65%
United Technologies Corp
6.04%
18,289
$2,739,000 0.62%
ITT, Inc.
6.34%
37,002
$2,735,000 0.62%
Chubb Limited
5.67%
16,789
$2,614,000 0.59%
Discover Finl Svcs
5.66%
30,511
$2,588,000 0.58%
Cisco Sys Inc
4.22%
52,659
$2,525,000 0.57%
Berkshire Hathaway Inc.
7.49%
11,110
$2,516,000 0.57%
NIKE, Inc.
7.91%
23,161
$2,346,000 0.53%
Abbott Labs
4.73%
26,871
$2,334,000 0.53%
Intel Corp.
5.21%
38,058
$2,278,000 0.51%
The Goldman Sachs Group, Inc.
6.06%
9,829
$2,260,000 0.51%
Cummins, Inc.
5.58%
11,381
$2,037,000 0.46%
Marathon Pete Corp
6.57%
33,591
$2,024,000 0.46%
Kimberly-Clark Corp.
5.24%
12,413
$1,707,000 0.38%
Origin Bancorp, Inc.
No change
41,222
$1,560,000 0.35%
Ecolab, Inc.
5.40%
7,447
$1,438,000 0.32%
American Tower Corp.
5.84%
6,188
$1,422,000 0.32%
Rio Tinto Plc
5.69%
23,922
$1,420,000 0.32%
Spdr Sp 500 Etf Tr
0.97%
4,375
$1,408,000 0.32%
Franklin Res Inc
3.91%
46,643
$1,212,000 0.27%
Amazon.com, Inc.
7.68%
469
$867,000 0.20%
The Sherwin-Williams Co.
5.91%
1,114
$650,000 0.15%
Walgreens Boots Alliance, Inc.
No change
9,825
$579,000 0.13%
Merck Co Inc
2.24%
6,054
$550,000 0.12%
Apple, Inc.
32.91%
1,831
$538,000 0.12%
Caterpillar, Inc.
No change
3,353
$496,000 0.11%
International Business Machs
4.65%
3,546
$476,000 0.11%
AbbVie, Inc.
0.56%
5,134
$455,000 0.10%
Ishares Tr Global Energ
1.35%
14,567
$450,000 0.10%
The Southern Co.
1.62%
6,508
$414,000 0.09%
Mcdonalds Corp
1.61%
2,018
$399,000 0.09%
Huntington Bancshares, Inc.
1.51%
25,920
$391,000 0.09%
Dominion Energy, Inc.
1.40%
4,708
$390,000 0.09%
United Parcel Service, Inc.
1.38%
3,292
$385,000 0.09%
Novartis A G
1.15%
4,050
$383,000 0.09%
Us Bancorp Del
1.92%
6,385
$379,000 0.09%
Edison Intl
1.42%
4,939
$372,000 0.08%
Duke Energy Corp.
1.37%
3,973
$362,000 0.08%
GlaxoSmithKline Plc
1.68%
7,660
$360,000 0.08%
Exelon Corp.
0.95%
7,859
$359,000 0.08%
Exxon Mobil Corp.
0.79%
5,118
$358,000 0.08%
General Mls Inc
1.06%
6,624
$355,000 0.08%
Federated Hermes Inc
1.53%
10,779
$351,000 0.08%
Royal Bk Cda Montreal Que
1.36%
4,415
$349,000 0.08%
PPL Corp.
1.22%
9,619
$345,000 0.08%
Pepsico Inc
1.58%
2,496
$342,000 0.08%
Unilever Plc
1.20%
5,920
$338,000 0.08%
Lilly Eli Co
0.78%
2,542
$334,000 0.08%
The Hershey Co.
1.02%
2,227
$328,000 0.07%
Community Bk Sys Inc
No change
4,542
$322,000 0.07%
Altria Group, Inc.
1.48%
6,451
$322,000 0.07%
British Amern Tob Plc
1.13%
7,411
$315,000 0.07%
WestRock Co.
1.24%
7,317
$314,000 0.07%
Block H R Inc
1.55%
13,301
$313,000 0.07%
Lockheed Martin Corp.
1.66%
769
$299,000 0.07%
Att Inc
3.58%
7,601
$297,000 0.07%
Sanofi
0.76%
5,763
$290,000 0.07%
Eaton Corp. Plc
4.32%
2,945
$279,000 0.06%
Ishares Tr Rus Mdcp Val
3.97%
2,782
$264,000 0.06%
Vanguard Index Fds Mcap Gr Idxvip
No change
1,658
$263,000 0.06%
Vanguard Index Fds Sp 500 Etf
No change
864
$256,000 0.06%
Amgen, Inc.
1.32%
1,048
$253,000 0.06%
Raytheon Co
12.89%
1,115
$245,000 0.06%
Enbridge, Inc.
6.19%
6,064
$241,000 0.05%
The Allstate Corp.
1.34%
2,128
$240,000 0.05%
Royal Caribbean Group
Opened
1,777
$237,000 0.05%
TC Energy Corp.
1.09%
4,442
$237,000 0.05%
Ishares Tr Cohen Steer
25.77%
1,999
$234,000 0.05%
Paychex, Inc.
1.27%
2,721
$231,000 0.05%
CVS Health Corp.
Opened
3,003
$223,000 0.05%
Bristol Myers Squibb Co.
Opened
3,450
$221,000 0.05%
Northrop Grumman Corp.
1.29%
610
$210,000 0.05%
Texas Instrs Inc
No change
1,600
$205,000 0.05%
Spdr Sp Midcap 400 Etf Tr
Closed
568
$200,000
No transactions found
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