Advocate Group is an investment fund managing more than $496 billion ran by Michael Corrigan. There are currently 106 companies in Mr. Corrigan’s portfolio. The largest investments include General Mls Inc and Vanguard Tax-managed Fds, together worth $45.8 billion.
As of 3rd July 2024, Advocate Group’s top holding is 465,470 shares of General Mls Inc currently worth over $29.4 billion and making up 5.9% of the portfolio value.
In addition, the fund holds 329,973 shares of Vanguard Tax-managed Fds worth $16.3 billion.
The third-largest holding is Vanguard Index Fds worth $25.7 billion and the next is Abbvie Inc worth $13.2 billion, with 76,999 shares owned.
Currently, Advocate Group's portfolio is worth at least $496 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.
The Advocate Group office and employees reside in Minnetonka, Minnesota. According to the last 13-F report filed with the SEC, Michael Corrigan serves as the Chief Compliance Officer at Advocate Group.
In the most recent 13F filing, Advocate Group revealed that it had opened a new position in
Exxon Mobil and bought 31,338 shares worth $3.61 billion.
This means they effectively own approximately 0.1% of the company.
Exxon Mobil makes up
13.5%
of the fund's Energy sector allocation and has grown its share price by 6.0% in the past year.
The investment fund also strengthened its position in Vanguard Tax-managed Fds by buying
20,612 additional shares.
This makes their stake in Vanguard Tax-managed Fds total 329,973 shares worth $16.3 billion.
On the other hand, there are companies that Advocate Group is getting rid of from its portfolio.
Advocate Group closed its position in Pioneer Nat Res Co on 10th July 2024.
It sold the previously owned 13,125 shares for $2.95 billion.
Michael Corrigan also disclosed a decreased stake in General Mls Inc by approximately 0.1%.
This leaves the value of the investment at $29.4 billion and 465,470 shares.
The two most similar investment funds to Advocate Group are Advisors Network and Spirit Of America Management Corp/ny. They manage $496 billion and $496 billion respectively.
Advocate Group’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Health Care — making up 9.6% of
the total portfolio value.
The fund focuses on investments in the United States as
50.9% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 3.8% of the portfolio.
The average market cap of the portfolio companies is close to $182 billion.
These positions were updated on July 10th 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 |
|---|---|---|---|
| General Mls Inc |
3.79%
465,470
|
$29,445,608,000 | 5.93% |
| Vanguard Tax-managed Fds |
6.66%
329,973
|
$16,307,280,000 | 3.29% |
| Vanguard Index Fds |
3.95%
107,436
|
$25,658,989,000 | 5.17% |
| Abbvie Inc |
1.55%
76,999
|
$13,206,868,000 | 2.66% |
| Microsoft Corporation |
7.06%
28,466
|
$12,722,879,000 | 2.56% |
| International Business Machs |
7.71%
65,079
|
$11,255,489,000 | 2.27% |
| Apple Inc |
10.31%
50,840
|
$10,707,872,000 | 2.16% |
| Verizon Communications Inc |
0.39%
230,758
|
$9,516,460,000 | 1.92% |
| Chevron Corp. |
13.81%
59,404
|
$9,292,041,000 | 1.87% |
| Merck Co Inc |
2.61%
74,456
|
$9,217,653,000 | 1.86% |
| Cisco Sys Inc |
7.24%
193,996
|
$9,216,741,000 | 1.86% |
| United Parcel Service, Inc. |
22.40%
65,776
|
$9,001,446,000 | 1.81% |
| Jpmorgan Chase Co |
14.72%
44,409
|
$8,982,164,000 | 1.81% |
| Pfizer Inc. |
34.54%
316,841
|
$8,865,211,000 | 1.79% |
| Schwab Charles Corp |
2.74%
118,995
|
$8,768,742,000 | 1.77% |
| Procter And Gamble Co |
26.55%
51,317
|
$8,463,200,000 | 1.70% |
| Duke Energy Corp. |
18.73%
84,117
|
$8,431,047,000 | 1.70% |
| Target Corp |
7.27%
56,457
|
$8,357,894,000 | 1.68% |
| Johnson Johnson |
1.59%
56,773
|
$8,297,899,000 | 1.67% |
| Enbridge Inc |
13.76%
232,873
|
$8,287,950,000 | 1.67% |
| Morgan Stanley |
12.81%
82,808
|
$8,048,110,000 | 1.62% |
| Kimberly-Clark Corp. |
5.76%
57,231
|
$7,909,306,000 | 1.59% |
| Unilever plc |
5.03%
141,556
|
$7,784,164,000 | 1.57% |
| Medtronic Plc |
10.75%
97,303
|
$7,658,719,000 | 1.54% |
| Union Pac Corp |
6.32%
33,658
|
$7,615,459,000 | 1.53% |
| The Southern Co. |
1.16%
94,134
|
$7,301,974,000 | 1.47% |
| Emerson Elec Co |
14.45%
65,992
|
$7,269,679,000 | 1.46% |
| Texas Instrs Inc |
20.84%
37,243
|
$7,244,881,000 | 1.46% |
| Mcdonalds Corp |
13.65%
28,210
|
$7,189,036,000 | 1.45% |
| Home Depot, Inc. |
7.21%
19,644
|
$6,762,251,000 | 1.36% |
| Nutrien Ltd |
22.84%
132,067
|
$6,723,531,000 | 1.35% |
| Dominion Energy Inc |
14.75%
134,645
|
$6,597,605,000 | 1.33% |
| Cummins Inc. |
0.99%
22,959
|
$6,358,036,000 | 1.28% |
| Evergy Inc |
17.68%
114,669
|
$6,074,017,000 | 1.22% |
| Adobe Inc |
3.58%
10,797
|
$5,998,165,000 | 1.21% |
| Caterpillar Inc. |
0.32%
17,593
|
$5,860,228,000 | 1.18% |
| Chubb Limited |
19.55%
22,748
|
$5,802,560,000 | 1.17% |
| Bristol-Myers Squibb Co. |
21.90%
134,368
|
$5,580,303,000 | 1.12% |
| BP plc |
7.30%
153,523
|
$5,542,180,000 | 1.12% |
| Public Storage |
4.91%
19,113
|
$5,497,944,000 | 1.11% |
| Gilead Sciences, Inc. |
7.96%
77,650
|
$5,327,567,000 | 1.07% |
| Graphic Packaging Hldg Co |
13.75%
190,618
|
$4,996,098,000 | 1.01% |
| Schwab Strategic Tr |
36.58%
101,516
|
$4,950,935,000 | 1.00% |
| BCE Inc |
20.71%
149,991
|
$4,855,209,000 | 0.98% |
| Shell Plc |
2.14%
66,566
|
$4,804,734,000 | 0.97% |
| Lyondellbasell Industries N |
2.66%
48,257
|
$4,616,265,000 | 0.93% |
| Avalonbay Cmntys Inc |
9.61%
22,087
|
$4,569,579,000 | 0.92% |
| Vanguard Intl Equity Index F |
3.02%
177,391
|
$8,753,583,000 | 1.76% |
| Broadcom Inc. |
21.26%
2,763
|
$4,436,079,000 | 0.89% |
| Pimco Etf Tr |
0.09%
43,943
|
$4,422,863,000 | 0.89% |
| Wp Carey Inc |
11.77%
76,020
|
$4,184,898,000 | 0.84% |
| Southern Copper Corporation |
13.89%
38,632
|
$4,162,212,000 | 0.84% |
| Unitedhealth Group Inc |
4.46%
7,900
|
$4,023,154,000 | 0.81% |
| NextEra Energy Inc |
70.12%
56,378
|
$3,992,126,000 | 0.80% |
| Prologis Inc |
1.11%
35,023
|
$3,933,433,000 | 0.79% |
| Exxon Mobil Corp. |
Opened
31,338
|
$3,607,631,000 | 0.73% |
| Mastercard Incorporated |
18.69%
7,977
|
$3,519,133,000 | 0.71% |
| Nike, Inc. |
7.98%
41,971
|
$3,163,354,000 | 0.64% |
| Alexandria Real Estate Eq In |
644.35%
26,201
|
$3,064,731,000 | 0.62% |
| Pioneer Nat Res Co |
Closed
13,125
|
$2,951,550,000 | |
| Applied Matls Inc |
20.23%
11,986
|
$2,828,576,000 | 0.57% |
| Rio Tinto plc |
Opened
38,956
|
$2,568,369,000 | 0.52% |
| Walmart Inc |
134.65%
36,592
|
$2,477,644,000 | 0.50% |
| Crown Castle Inc |
29.11%
25,358
|
$2,477,477,000 | 0.50% |
| Freeport-McMoRan Inc |
2.40%
49,671
|
$2,414,011,000 | 0.49% |
| Ishares Tr |
0.56%
33,132
|
$2,899,678,000 | 0.58% |
| AMGEN Inc. |
7.51%
6,255
|
$1,954,375,000 | 0.39% |
| Deere Co |
3.07%
4,984
|
$1,862,172,000 | 0.38% |
| Pnc Finl Svcs Group Inc |
Closed
10,745
|
$1,663,863,000 | |
| Abbott Labs |
3.83%
13,659
|
$1,419,307,000 | 0.29% |
| Entegris Inc |
50.09%
9,464
|
$1,281,426,000 | 0.26% |
| Fastenal Co. |
0.56%
18,545
|
$1,165,386,000 | 0.23% |
| Mondelez International Inc. |
54.24%
16,126
|
$1,055,285,000 | 0.21% |
| Paychex Inc. |
5.42%
8,891
|
$1,054,146,000 | 0.21% |
| Toronto Dominion Bk Ont |
71.82%
18,644
|
$1,024,674,000 | 0.21% |
| Astrazeneca plc |
1.88%
12,717
|
$991,799,000 | 0.20% |
| Masco Corp. |
71.05%
14,690
|
$979,382,000 | 0.20% |
| Colgate-Palmolive Co. |
7.80%
8,959
|
$869,381,000 | 0.18% |
| Packaging Corp Amer |
53.96%
4,721
|
$861,866,000 | 0.17% |
| Coca-Cola Co |
4.71%
13,214
|
$841,093,000 | 0.17% |
| Xcel Energy Inc. |
Closed
13,320
|
$824,641,000 | |
| Tesla Inc |
32.49%
4,078
|
$806,955,000 | 0.16% |
| Steel Dynamics Inc. |
4.02%
5,676
|
$735,042,000 | 0.15% |
| Norfolk Southn Corp |
3.82%
3,273
|
$702,680,000 | 0.14% |
| Watsco Inc. |
No change
1,384
|
$641,124,000 | 0.13% |
| Meta Platforms Inc |
No change
1,212
|
$611,115,000 | 0.12% |
| Digital Rlty Tr Inc |
14.04%
3,998
|
$607,896,000 | 0.12% |
| Darden Restaurants, Inc. |
3.09%
3,761
|
$569,115,000 | 0.11% |
| Conocophillips |
No change
4,219
|
$482,569,000 | 0.10% |
| General Electric Co |
No change
3,029
|
$481,520,000 | 0.10% |
| Spdr Sp 500 Etf Tr |
No change
879
|
$478,350,000 | 0.10% |
| Archer Daniels Midland Co. |
8.44%
7,710
|
$466,070,000 | 0.09% |
| Micron Technology Inc. |
88.15%
3,401
|
$447,334,000 | 0.09% |
| Centerpoint Energy Inc. |
7.34%
12,098
|
$374,796,000 | 0.08% |
| Best Buy Co. Inc. |
1.44%
3,632
|
$306,141,000 | 0.06% |
| Schwab Strategic Tr |
Closed
8,948
|
$532,126,000 | |
| NVIDIA Corp |
Opened
2,320
|
$286,613,000 | 0.06% |
| Diageo plc |
1.89%
2,237
|
$282,041,000 | 0.06% |
| Sysco Corp. |
No change
3,933
|
$280,777,000 | 0.06% |
| 3M Co. |
No change
2,723
|
$278,263,000 | 0.06% |
| Costco Whsl Corp New |
7.45%
298
|
$253,297,000 | 0.05% |
| Boston Scientific Corp. |
Opened
3,274
|
$252,131,000 | 0.05% |
| Lockheed Martin Corp. |
7.42%
524
|
$244,760,000 | 0.05% |
| Sonoco Prods Co |
Closed
4,220
|
$235,771,000 | |
| Schwab Strategic Tr |
Opened
9,227
|
$628,396,000 | 0.13% |
| Eaton Corp Plc |
Opened
674
|
$211,333,000 | 0.04% |
| Starbucks Corp. |
Closed
2,182
|
$209,494,000 | |
| J P Morgan Exchange Traded F |
Opened
4,130
|
$208,439,000 | 0.04% |
| VanEck ETF Trust |
Opened
2,387
|
$206,781,000 | 0.04% |
| Spdr Ser Tr |
Opened
2,219
|
$203,665,000 | 0.04% |
| BlackBerry Ltd |
No change
46,162
|
$114,482,000 | 0.02% |
| United States Antimony Corp. |
No change
31,950
|
$10,738,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 112 holdings | |||