Drystone 13F annual report

Drystone is an investment fund managing more than $69.3 million ran by Christopher Jackson. There are currently 17 companies in Mr. Jackson’s portfolio. The largest investments include Vanguard Total International Stock Etf and Trane, together worth $19.8 million.

$69.3 million Assets Under Management (AUM)

As of 25th October 2022, Drystone’s top holding is 276,040 shares of Vanguard Total International Stock Etf currently worth over $12.6 million and making up 18.2% of the portfolio value. In addition, the fund holds 49,651 shares of Trane worth $7.19 million. The third-largest holding is Ritchie Brothers worth $6.09 million and the next is Microsoft worth $5.14 million, with 22,073 shares owned.

Currently, Drystone's portfolio is worth at least $69.3 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 Drystone

The Drystone office and employees reside in Charlottesville, Virginia. According to the last 13-F report filed with the SEC, Christopher Jackson serves as the Managing Member, Chief Compliance Officer at Drystone.

Recent trades

In the most recent 13F filing, Drystone revealed that it had increased its stake in Vanguard Total International Stock Etf and bought 180,848 additional shares worth around .

On the other hand, there are companies that Drystone is getting rid of from its portfolio. Drystone closed its position in Vanguard International Reit Etf on 1st November 2022. It sold the previously owned 109,507 shares for $4.85 million. Christopher Jackson also disclosed a decreased stake in Ritchie Brothers by approximately 0.1%. This leaves the value of the investment at $6.09 million and 97,495 shares.

One of the smallest hedge funds

The two most similar investment funds to Drystone are Legacy Wealth Planning and Iron Horse Wealth Management. They manage $69.3 million and $69.3 million respectively.

Christopher Jackson investment strategy

Drystone’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Technology — making up 14.6% of the total portfolio value. The fund focuses on investments in the United States as 47.1% 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 41% 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 $553 billion.

The complete list of Drystone trades based on 13F SEC filings

These positions were updated on November 1st 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 Total International Stock Etf	189.98% 276,040	$12,634,000	18.24%
Trane	0.46% 49,651	$7,190,000	10.38%
Ritchie Brothers	5.26% 97,495	$6,091,000	8.80%
Microsoft Corporation	0.00% 22,073	$5,141,000	7.42%
Texas Instruments Inc.	0.22% 32,181	$4,981,000	7.19%
Vanguard International Reit Etf	Closed 109,507	$4,848,000
Vanguard Int'l. Dividend Stock Etf	Closed 82,162	$4,833,000
Expeditors Int'l.	0.33% 53,677	$4,740,000	6.84%
Rockwell Automation Inc	0.98% 20,779	$4,470,000	6.45%
Hilton	0.27% 36,965	$4,459,000	6.44%
Mettler-Toledo International, Inc.	1.54% 3,774	$4,091,000	5.91%
Berkshire Hathaway B	2.71% 15,155	$4,047,000	5.84%
Vanguard U.s. Reit Etf	0.19% 44,242	$3,547,000	5.12%
Johnson & Johnson	3.31% 21,093	$3,446,000	4.98%
Douglas Dynamics Inc	5.19% 121,255	$3,398,000	4.91%
Vanguard Total World Stock Etf	7.62% 7,234	$571,000	0.82%
Fastenal Co.	No change 5,000	$230,000	0.33%
Vanguard S&p 500 Stock Etf	No change 610	$200,000	0.29%
Apple Inc	No change 98	$14,000	0.02%
No transactions found
Showing first 500 out of 19 holdings