Narus Partners 13F annual report
Narus Partners is an investment fund managing more than $248 billion ran by Michael Robinson. There are currently 81 companies in Mr. Robinson’s portfolio. The largest investments include Walmart Inc and Select Sector Spdr Tr, together worth $113 billion.
$248 billion Assets Under Management (AUM)
As of 10th July 2024, Narus Partners’s top holding is 1,480,661 shares of Walmart Inc currently worth over $100 billion and making up 40.5% of the portfolio value.
Relative to the number of outstanding shares of Walmart Inc, Narus Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 111,203 shares of Select Sector Spdr Tr worth $12.3 billion.
The third-largest holding is Vanguard Tax-managed Fds worth $4.51 billion and the next is Spdr Gold Tr worth $4.39 billion, with 20,397 shares owned.
Currently, Narus Partners's portfolio is worth at least $248 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 Narus Partners
The Narus Partners office and employees reside in Salt Lake City, Utah. According to the last 13-F report filed with the SEC, Michael Robinson serves as the Owner, Director of Operations & Technology at Narus Partners.
Recent trades
In the most recent 13F filing, Narus Partners revealed that it had opened a new position in
UiPath and bought 44,000 shares worth $558 million.
This means they effectively own approximately 0.1% of the company.
UiPath makes up
4.4%
of the fund's Technology sector allocation and has decreased its share price by 29.1% in the past year.
The investment fund also strengthened its position in Vanguard Tax-managed Fds by buying
1,526 additional shares.
This makes their stake in Vanguard Tax-managed Fds total 91,196 shares worth $4.51 billion.
On the other hand, there are companies that Narus Partners is getting rid of from its portfolio.
Narus Partners closed its position in Humana on 17th July 2024.
It sold the previously owned 8,456 shares for $2.93 billion.
Michael Robinson also disclosed a decreased stake in Walmart Inc by approximately 0.1%.
This leaves the value of the investment at $100 billion and 1,480,661 shares.
One of the smaller hedge funds
The two most similar investment funds to Narus Partners are Longview Wealth Management and Wealthone. They manage $248 billion and $248 billion respectively.
Michael Robinson investment strategy
Narus Partners’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Staples — making up 40.6% of
the total portfolio value.
The fund focuses on investments in the United States as
46.9% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 3.7% of the portfolio.
The average market cap of the portfolio companies is close to $316 billion.
The complete list of Narus Partners trades based on 13F SEC filings
These positions were updated on July 17th 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 |
|---|---|---|---|
| Walmart Inc |
0.03%
1,480,661
|
$100,255,532,000 | 40.47% |
| Select Sector Spdr Tr |
1.26%
111,203
|
$12,340,516,000 | 4.98% |
| Vanguard Tax-managed Fds |
1.70%
91,196
|
$4,506,903,000 | 1.82% |
| Spdr Gold Tr |
2.23%
20,397
|
$4,385,559,000 | 1.77% |
| Apple Inc |
2.40%
18,018
|
$3,794,847,000 | 1.53% |
| Vanguard Index Fds |
1.29%
66,428
|
$15,596,471,000 | 6.30% |
| NVIDIA Corp |
865.07%
30,062
|
$3,713,861,000 | 1.50% |
| J P Morgan Exchange Traded F |
8.08%
167,797
|
$8,330,944,000 | 3.36% |
| Vanguard Bd Index Fds |
8.65%
65,754
|
$4,816,747,000 | 1.94% |
| Schwab Charles Family Fd |
12.13%
3,219,885
|
$3,219,885,000 | 1.30% |
| Humana Inc. |
Closed
8,456
|
$2,931,864,000 | |
| Vanguard Scottsdale Fds |
6.18%
45,871
|
$3,479,882,000 | 1.40% |
| Spdr Ser Tr |
0.81%
243,331
|
$8,921,446,000 | 3.60% |
| Ishares Tr |
5.07%
286,687
|
$23,864,823,000 | 9.63% |
| Invesco Exch Traded Fd Tr Ii |
3.12%
58,467
|
$2,866,659,000 | 1.16% |
| Invesco Db Multi-sector Comm |
4.57%
162,181
|
$2,570,575,000 | 1.04% |
| Dimensional Etf Trust |
6.05%
114,211
|
$5,210,545,000 | 2.10% |
| Indexiq Active Etf Tr |
6.64%
76,710
|
$1,854,848,000 | 0.75% |
| Vanguard World Fd |
0.43%
13,982
|
$2,310,725,000 | 0.93% |
| Goldman Sachs Etf Tr |
7.61%
18,001
|
$1,801,554,000 | 0.73% |
| Alphabet Inc |
1.56%
9,585
|
$1,745,924,000 | 0.70% |
| Meta Platforms Inc |
0.99%
3,249
|
$1,638,239,000 | 0.66% |
| Wisdomtree Tr |
14.65%
40,699
|
$1,930,943,000 | 0.78% |
| Simplify Exchange Traded Fun |
25.58%
63,236
|
$1,536,639,000 | 0.62% |
| Spdr S&p 500 Etf Tr |
0.35%
2,590
|
$1,409,318,000 | 0.57% |
| Amazon.com Inc. |
2.72%
6,681
|
$1,291,103,000 | 0.52% |
| Oracle Corp. |
0.39%
8,995
|
$1,270,094,000 | 0.51% |
| Microsoft Corporation |
1.88%
2,598
|
$1,161,343,000 | 0.47% |
| JPMorgan Chase & Co. |
1.40%
5,228
|
$1,057,415,000 | 0.43% |
| Berkshire Hathaway Inc. |
1.57%
2,527
|
$1,027,780,000 | 0.41% |
| Vanguard Intl Equity Index F |
1.60%
23,357
|
$1,022,105,000 | 0.41% |
| Spdr Index Shs Fds |
2.44%
33,614
|
$1,197,501,000 | 0.48% |
| VanEck ETF Trust |
No change
17,030
|
$879,600,000 | 0.36% |
| Ishares Gold Tr |
1.84%
18,567
|
$815,648,000 | 0.33% |
| Qualcomm, Inc. |
4.86%
3,686
|
$734,196,000 | 0.30% |
| Vanguard Mun Bd Fds |
16.59%
11,950
|
$598,815,000 | 0.24% |
| Healthequity Inc |
47.78%
6,526
|
$562,541,000 | 0.23% |
| UiPath, Inc. |
Opened
44,000
|
$557,920,000 | 0.23% |
| KLA Corp. |
No change
658
|
$542,528,000 | 0.22% |
| Spdr Dow Jones Indl Average |
1.48%
1,335
|
$522,159,000 | 0.21% |
| Northrop Grumman Corp. |
No change
1,099
|
$479,109,000 | 0.19% |
| Cigna Group (The) |
3.26%
1,427
|
$471,726,000 | 0.19% |
| General Dynamics Corp. |
3.72%
1,603
|
$465,094,000 | 0.19% |
| Murphy USA Inc |
3.82%
981
|
$460,540,000 | 0.19% |
| Vanguard Index Fds |
Opened
1,082
|
$404,679,000 | 0.16% |
| Emcor Group, Inc. |
2.37%
1,082
|
$395,017,000 | 0.16% |
| Adobe Inc |
1.84%
692
|
$384,573,000 | 0.16% |
| Abbvie Inc |
11.11%
2,221
|
$380,946,000 | 0.15% |
| Target Corp |
No change
2,567
|
$380,019,000 | 0.15% |
| Unitedhealth Group Inc |
0.69%
722
|
$367,686,000 | 0.15% |
| Wells Fargo Co New |
16.45%
6,024
|
$357,773,000 | 0.14% |
| Costco Whsl Corp New |
1.43%
415
|
$352,612,000 | 0.14% |
| Broadcom Inc. |
10.66%
218
|
$350,006,000 | 0.14% |
| International Business Machs |
0.35%
1,986
|
$343,398,000 | 0.14% |
| Vanguard Specialized Funds |
0.06%
1,722
|
$314,351,000 | 0.13% |
| Selective Ins Group Inc |
11.28%
3,312
|
$310,731,000 | 0.13% |
| PVH Corp |
Opened
2,800
|
$296,436,000 | 0.12% |
| Tjx Cos Inc New |
No change
2,645
|
$291,215,000 | 0.12% |
| Sprouts Fmrs Mkt Inc |
2.80%
3,477
|
$290,886,000 | 0.12% |
| Cisco Sys Inc |
Closed
5,791
|
$289,016,000 | |
| Tesla Inc |
Opened
1,459
|
$288,707,000 | 0.12% |
| Exxon Mobil Corp. |
16.31%
2,386
|
$274,676,000 | 0.11% |
| Schwab Charles Corp |
Closed
3,774
|
$273,011,000 | |
| Ishares Bitcoin Tr |
Opened
7,934
|
$270,867,000 | 0.11% |
| Netapp Inc |
Opened
2,100
|
$270,435,000 | 0.11% |
| Conocophillips |
11.94%
2,337
|
$267,306,000 | 0.11% |
| PayPal Holdings Inc |
22.50%
4,388
|
$254,636,000 | 0.10% |
| Lowes Cos Inc |
Closed
983
|
$250,400,000 | |
| LKQ Corp |
Closed
4,665
|
$249,158,000 | |
| Visa Inc |
19.19%
913
|
$239,504,000 | 0.10% |
| Valero Energy Corp. |
8.41%
1,525
|
$239,053,000 | 0.10% |
| Novo-nordisk A S |
21.95%
1,600
|
$228,384,000 | 0.09% |
| Marathon Pete Corp |
0.92%
1,291
|
$223,963,000 | 0.09% |
| AMGEN Inc. |
No change
716
|
$223,714,000 | 0.09% |
| First Tr Exchange-traded Fd |
4.28%
2,639
|
$221,782,000 | 0.09% |
| TopBuild Corp |
Closed
500
|
$220,365,000 | |
| Alphabet Inc |
Opened
1,200
|
$220,104,000 | 0.09% |
| Direxion Shs Etf Tr |
59.56%
7,535
|
$217,866,000 | 0.09% |
| Home Depot, Inc. |
3.82%
630
|
$216,871,000 | 0.09% |
| American Express Co. |
0.11%
933
|
$216,036,000 | 0.09% |
| Globe Life Inc. |
Closed
1,836
|
$213,695,000 | |
| Simplify Exchange Traded Fun |
Opened
4,213
|
$212,167,000 | 0.09% |
| Mckesson Corporation |
Opened
359
|
$209,534,000 | 0.08% |
| Travelers Companies Inc. |
Closed
910
|
$209,427,000 | |
| Evercore Inc |
Opened
999
|
$208,222,000 | 0.08% |
| Ameriprise Finl Inc |
No change
479
|
$204,624,000 | 0.08% |
| Applied Matls Inc |
Opened
865
|
$204,131,000 | 0.08% |
| Grayscale Bitcoin Tr Btc |
Closed
3,199
|
$202,081,000 | |
| Akamai Technologies Inc |
36.20%
2,238
|
$201,554,000 | 0.08% |
| Vanguard Index Fds |
Closed
852
|
$200,893,000 | |
| Ishares Tr |
Closed
2,450
|
$200,361,000 | |
| Invesco Actvely Mngd Etc Fd |
Opened
10,914
|
$153,342,000 | 0.06% |
| Extreme Networks Inc. |
Closed
11,250
|
$129,825,000 | |
| No transactions found | |||
| Showing first 500 out of 93 holdings | |||
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