Marco Investment Management 13F annual report
Marco Investment Management is an investment fund managing more than $1.08 trillion ran by Mark Burton. There are currently 189 companies in Mr. Burton’s portfolio. The largest investments include Broadcom Inc and Apple Inc, together worth $131 billion.
$1.08 trillion Assets Under Management (AUM)
As of 31st July 2024, Marco Investment Management’s top holding is 44,824 shares of Broadcom Inc currently worth over $72 billion and making up 6.7% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Marco Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 279,139 shares of Apple Inc worth $58.8 billion, whose value grew 10.5% in the past six months.
The third-largest holding is Qualcomm worth $38.6 billion and the next is Microsoft worth $35.3 billion, with 79,051 shares owned.
Currently, Marco Investment Management's portfolio is worth at least $1.08 trillion. 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 Marco Investment Management
The Marco Investment Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Mark Burton serves as the Chief Compliance Officer at Marco Investment Management.
Recent trades
In the most recent 13F filing, Marco Investment Management revealed that it had opened a new position in
Netflix and bought 535 shares worth $361 million.
This means they effectively own approximately 0.1% of the company.
Netflix makes up
7.8%
of the fund's Communication Services sector allocation and has grown its share price by 35.8% in the past year.
The investment fund also strengthened its position in Broadcom Inc by buying
3 additional shares.
This makes their stake in Broadcom Inc total 44,824 shares worth $72 billion.
Broadcom Inc dropped 84.2% in the past year.
On the other hand, there are companies that Marco Investment Management is getting rid of from its portfolio.
Marco Investment Management closed its position in Keurig Dr Pepper Inc on 7th August 2024.
It sold the previously owned 20,650 shares for $688 million.
Mark Burton also disclosed a decreased stake in Qualcomm by approximately 0.1%.
This leaves the value of the investment at $38.6 billion and 193,861 shares.
One of the average hedge funds
The two most similar investment funds to Marco Investment Management are Kiltearn Partners LL.P. and Blue Chip Partners. They manage $1.08 trillion and $1.08 trillion respectively.
Mark Burton investment strategy
Marco Investment Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 26.3% of
the total portfolio value.
The fund focuses on investments in the United States as
61.4% 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
57% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $146 billion.
The complete list of Marco Investment Management trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| Broadcom Inc |
0.01%
44,824
|
$71,966,277,000 | 6.66% |
| Apple Inc |
0.81%
279,139
|
$58,792,256,000 | 5.44% |
| Qualcomm, Inc. |
2.05%
193,861
|
$38,613,234,000 | 3.57% |
| Microsoft Corporation |
0.46%
79,051
|
$35,331,844,000 | 3.27% |
| Costco Whsl Corp New |
1.74%
41,209
|
$35,027,238,000 | 3.24% |
| JPMorgan Chase & Co. |
1.65%
160,467
|
$32,456,055,000 | 3.00% |
| Abbvie Inc |
10.62%
140,513
|
$24,100,790,000 | 2.23% |
| Caterpillar Inc. |
2.66%
71,623
|
$23,857,621,000 | 2.21% |
| Cigna Group (The) |
4.65%
71,810
|
$23,738,232,000 | 2.20% |
| Lowes Cos Inc |
0.19%
106,490
|
$23,476,785,000 | 2.17% |
| Palo Alto Networks Inc |
25.65%
66,545
|
$22,559,420,000 | 2.09% |
| Goldman Sachs Group, Inc. |
4.09%
49,383
|
$22,336,919,000 | 2.07% |
| Lyondellbasell Industries N |
2.72%
207,685
|
$19,867,147,000 | 1.84% |
| Nxp Semiconductors N V |
0.50%
73,348
|
$19,737,213,000 | 1.83% |
| Home Depot, Inc. |
1.56%
56,815
|
$19,557,996,000 | 1.81% |
| KLA Corp. |
0.49%
23,289
|
$19,202,013,000 | 1.78% |
| Unitedhealth Group Inc |
0.52%
36,545
|
$18,610,907,000 | 1.72% |
| Stryker Corp. |
1.21%
54,414
|
$18,514,364,000 | 1.71% |
| Coca-Cola Co |
0.66%
289,972
|
$18,456,718,000 | 1.71% |
| Walmart Inc |
204.39%
267,827
|
$18,134,566,000 | 1.68% |
| American Express Co. |
0.97%
73,264
|
$16,964,279,000 | 1.57% |
| Oracle Corp. |
0.88%
110,759
|
$15,639,171,000 | 1.45% |
| Conocophillips |
35.63%
136,473
|
$15,609,782,000 | 1.44% |
| Enterprise Prods Partners L |
3.08%
535,655
|
$15,523,282,000 | 1.44% |
| Cisco Sys Inc |
0.04%
318,130
|
$15,114,356,000 | 1.40% |
| United Parcel Service, Inc. |
0.95%
109,832
|
$15,030,509,000 | 1.39% |
| Salesforce Inc |
3.70%
52,598
|
$13,522,946,000 | 1.25% |
| Union Pac Corp |
1.56%
56,393
|
$12,759,480,000 | 1.18% |
| Alphabet Inc |
2.06%
79,067
|
$14,413,774,000 | 1.33% |
| AMGEN Inc. |
8.15%
39,052
|
$12,201,797,000 | 1.13% |
| Merck & Co Inc |
2.06%
94,141
|
$11,654,656,000 | 1.08% |
| Spdr S&p 500 Etf Tr |
0.68%
20,584
|
$11,202,224,000 | 1.04% |
| Phillips 66 |
2.47%
76,120
|
$10,745,860,000 | 0.99% |
| Lam Research Corp. |
37.37%
10,050
|
$10,701,743,000 | 0.99% |
| Advanced Micro Devices Inc. |
31.82%
62,588
|
$10,152,399,000 | 0.94% |
| Spdr Gold Tr |
104.99%
46,615
|
$10,022,691,000 | 0.93% |
| Procter And Gamble Co |
0.23%
60,690
|
$10,008,995,000 | 0.93% |
| Honeywell International Inc |
3.64%
43,668
|
$9,324,865,000 | 0.86% |
| Exxon Mobil Corp. |
29.91%
75,122
|
$8,648,045,000 | 0.80% |
| Aflac Inc. |
0.97%
94,443
|
$8,434,704,000 | 0.78% |
| Medtronic Plc |
1.07%
97,731
|
$7,692,407,000 | 0.71% |
| Marvell Technology Inc |
No change
109,500
|
$7,654,050,000 | 0.71% |
| Applied Matls Inc |
13.52%
31,340
|
$7,395,927,000 | 0.68% |
| Northrop Grumman Corp. |
0.62%
16,250
|
$7,084,188,000 | 0.66% |
| Abbott Labs |
3.28%
66,357
|
$6,895,156,000 | 0.64% |
| Thermo Fisher Scientific Inc. |
1.08%
12,027
|
$6,650,931,000 | 0.62% |
| Disney Walt Co |
1.95%
63,814
|
$6,336,092,000 | 0.59% |
| NVIDIA Corp |
871.03%
50,872
|
$6,284,727,000 | 0.58% |
| Autozone Inc. |
No change
2,015
|
$5,972,662,000 | 0.55% |
| Meta Platforms Inc |
0.23%
11,528
|
$5,812,648,000 | 0.54% |
| Schwab Charles Corp |
0.01%
77,255
|
$5,692,921,000 | 0.53% |
| Global Pmts Inc |
11.23%
57,722
|
$5,581,717,000 | 0.52% |
| Intel Corp. |
3.57%
177,285
|
$5,490,516,000 | 0.51% |
| L3Harris Technologies Inc |
1.88%
24,057
|
$5,402,721,000 | 0.50% |
| Roper Technologies Inc |
6.60%
9,011
|
$5,079,140,000 | 0.47% |
| Jacobs Solutions Inc |
17.52%
35,180
|
$4,914,998,000 | 0.45% |
| CVS Health Corp |
46.20%
78,122
|
$4,613,885,000 | 0.43% |
| Eog Res Inc |
24.62%
36,505
|
$4,594,884,000 | 0.42% |
| Johnson & Johnson |
1.50%
29,104
|
$4,253,841,000 | 0.39% |
| Pfizer Inc. |
5.58%
143,332
|
$4,010,429,000 | 0.37% |
| Quanta Svcs Inc |
3.31%
15,343
|
$3,898,503,000 | 0.36% |
| Mcdonalds Corp |
13.15%
14,672
|
$3,739,012,000 | 0.35% |
| Bank America Corp |
4.13%
93,669
|
$3,725,216,000 | 0.34% |
| Tesla Inc |
2.72%
18,120
|
$3,585,586,000 | 0.33% |
| Duke Energy Corp. |
33.40%
35,119
|
$3,519,977,000 | 0.33% |
| Magna International Inc. |
11.49%
82,620
|
$3,461,778,000 | 0.32% |
| Exact Sciences Corp. |
3.79%
80,129
|
$3,385,450,000 | 0.31% |
| Verizon Communications Inc |
4.34%
80,743
|
$3,329,841,000 | 0.31% |
| Realty Income Corp. |
1.40%
61,270
|
$3,236,281,000 | 0.30% |
| Tjx Cos Inc New |
13.63%
29,123
|
$3,206,442,000 | 0.30% |
| Cognizant Technology Solutio |
2.34%
46,945
|
$3,192,260,000 | 0.30% |
| Accenture Plc Ireland |
1.96%
9,995
|
$3,032,583,000 | 0.28% |
| Amazon.com Inc. |
18.55%
15,660
|
$3,026,295,000 | 0.28% |
| Dollar Gen Corp New |
7.00%
22,157
|
$2,929,820,000 | 0.27% |
| Expedia Group Inc |
0.43%
22,907
|
$2,886,053,000 | 0.27% |
| Starbucks Corp. |
17.66%
36,151
|
$2,814,355,000 | 0.26% |
| Chevron Corp. |
58.81%
16,745
|
$2,619,253,000 | 0.24% |
| Eaton Corp Plc |
12.08%
8,255
|
$2,588,355,000 | 0.24% |
| Bhp Group Ltd |
0.89%
45,159
|
$2,578,127,000 | 0.24% |
| PayPal Holdings Inc |
12.04%
43,223
|
$2,508,231,000 | 0.23% |
| Invesco Exchange Traded Fd T |
3.72%
14,769
|
$2,426,251,000 | 0.22% |
| Digital Rlty Tr Inc |
18.73%
15,850
|
$2,409,993,000 | 0.22% |
| Vanguard Index Fds |
1.31%
21,039
|
$4,439,857,000 | 0.41% |
| Dow Inc |
10.30%
40,889
|
$2,169,161,000 | 0.20% |
| Eli Lilly & Co |
5.25%
2,113
|
$1,913,068,000 | 0.18% |
| International Business Machs |
13.85%
11,031
|
$1,907,811,000 | 0.18% |
| Kimberly-Clark Corp. |
4.89%
13,515
|
$1,867,773,000 | 0.17% |
| Constellation Brands, Inc. |
0.69%
7,151
|
$1,839,809,000 | 0.17% |
| APA Corporation |
4.40%
61,198
|
$1,801,669,000 | 0.17% |
| Truist Finl Corp |
6.22%
46,256
|
$1,797,046,000 | 0.17% |
| Wells Fargo Co New |
6.14%
29,401
|
$1,746,125,000 | 0.16% |
| Texas Instrs Inc |
No change
8,589
|
$1,670,818,000 | 0.15% |
| Darden Restaurants, Inc. |
17.93%
10,850
|
$1,641,822,000 | 0.15% |
| Novartis AG |
8.24%
14,905
|
$1,586,786,000 | 0.15% |
| Mosaic Co New |
5.85%
54,750
|
$1,582,275,000 | 0.15% |
| Gilead Sciences, Inc. |
12.86%
22,601
|
$1,550,655,000 | 0.14% |
| Bristol-Myers Squibb Co. |
4.04%
36,888
|
$1,531,959,000 | 0.14% |
| International Flavors&fragra |
32.02%
16,025
|
$1,525,740,000 | 0.14% |
| Ishares Tr |
71.26%
46,707
|
$4,561,033,000 | 0.42% |
| RTX Corp |
9.39%
14,093
|
$1,414,796,000 | 0.13% |
| CSX Corp. |
1.24%
41,434
|
$1,385,967,000 | 0.13% |
| DuPont de Nemours Inc |
0.83%
16,200
|
$1,303,938,000 | 0.12% |
| TotalEnergies SE |
No change
19,278
|
$1,285,457,000 | 0.12% |
| General Mls Inc |
7.39%
19,900
|
$1,258,874,000 | 0.12% |
| Select Sector Spdr Tr |
0.35%
49,804
|
$4,381,932,000 | 0.41% |
| AGCO Corp. |
No change
12,600
|
$1,233,288,000 | 0.11% |
| Berkshire Hathaway Inc. |
20.85%
2,846
|
$1,157,753,000 | 0.11% |
| Corteva Inc |
7.49%
21,294
|
$1,148,598,000 | 0.11% |
| Genuine Parts Co. |
54.93%
7,813
|
$1,080,694,000 | 0.10% |
| Dover Corp. |
3.65%
5,698
|
$1,028,204,000 | 0.10% |
| Rollins, Inc. |
No change
21,000
|
$1,024,590,000 | 0.09% |
| Novo-nordisk A S |
2.36%
6,602
|
$942,369,000 | 0.09% |
| RPM International, Inc. |
0.06%
8,627
|
$928,955,000 | 0.09% |
| Stmicroelectronics N V |
1.81%
21,700
|
$852,376,000 | 0.08% |
| IAC Inc |
7.06%
17,454
|
$817,720,000 | 0.08% |
| The Southern Co. |
0.02%
10,135
|
$786,172,000 | 0.07% |
| Akamai Technologies Inc |
10.18%
8,510
|
$766,581,000 | 0.07% |
| Humana Inc. |
No change
2,000
|
$747,300,000 | 0.07% |
| Vanguard Whitehall Fds |
No change
6,300
|
$747,180,000 | 0.07% |
| Dominion Energy Inc |
1.03%
14,389
|
$705,061,000 | 0.07% |
| Keurig Dr Pepper Inc |
Closed
20,650
|
$688,058,000 | |
| Inmode Ltd |
211.44%
37,575
|
$685,368,000 | 0.06% |
| Ross Stores, Inc. |
No change
4,600
|
$668,472,000 | 0.06% |
| AT&T Inc. |
11.44%
34,788
|
$664,799,000 | 0.06% |
| Schlumberger Ltd. |
No change
13,472
|
$635,609,000 | 0.06% |
| Sysco Corp. |
No change
8,825
|
$630,017,000 | 0.06% |
| Citigroup Inc |
0.21%
9,632
|
$611,247,000 | 0.06% |
| Altria Group Inc. |
0.54%
13,093
|
$596,386,000 | 0.06% |
| Pepsico Inc |
4.05%
3,413
|
$562,906,000 | 0.05% |
| Church & Dwight Co., Inc. |
30.86%
5,300
|
$549,504,000 | 0.05% |
| EBay Inc. |
0.34%
10,135
|
$544,452,000 | 0.05% |
| Deere & Co. |
7.61%
1,414
|
$528,313,000 | 0.05% |
| EA Series Trust |
No change
15,863
|
$504,091,000 | 0.05% |
| Pentair plc |
Closed
6,900
|
$501,699,000 | |
| Expeditors Intl Wash Inc |
No change
3,650
|
$455,484,000 | 0.04% |
| Target Corp |
1.33%
3,052
|
$451,818,000 | 0.04% |
| Carrier Global Corporation |
1.97%
7,156
|
$451,400,000 | 0.04% |
| Acuity Brands, Inc. |
19.93%
1,805
|
$435,799,000 | 0.04% |
| Dexcom Inc |
0.53%
3,780
|
$428,576,000 | 0.04% |
| Energy Transfer L P |
31.92%
26,106
|
$423,439,000 | 0.04% |
| Visa Inc |
34.97%
1,540
|
$404,204,000 | 0.04% |
| Mckesson Corporation |
No change
686
|
$400,651,000 | 0.04% |
| Travelers Companies Inc. |
0.62%
1,947
|
$395,903,000 | 0.04% |
| Paramount Global |
Closed
25,525
|
$377,515,000 | |
| Us Bancorp Del |
0.45%
9,478
|
$376,277,000 | 0.03% |
| Casella Waste Sys Inc |
6.96%
3,690
|
$366,122,000 | 0.03% |
| Graco Inc. |
No change
4,600
|
$364,688,000 | 0.03% |
| Netflix Inc. |
Opened
535
|
$361,061,000 | 0.03% |
| Broadridge Finl Solutions In |
No change
1,800
|
$354,600,000 | 0.03% |
| Automatic Data Processing In |
3.27%
1,454
|
$347,055,000 | 0.03% |
| Descartes Sys Group Inc |
No change
3,545
|
$343,298,000 | 0.03% |
| Oneok Inc. |
16.88%
4,099
|
$334,273,000 | 0.03% |
| Philip Morris International Inc |
7.75%
3,108
|
$314,934,000 | 0.03% |
| Weyerhaeuser Co Mtn Be |
No change
10,999
|
$312,262,000 | 0.03% |
| Yum Brands Inc. |
15.00%
2,300
|
$304,658,000 | 0.03% |
| Lululemon Athletica inc. |
Closed
593
|
$303,195,000 | |
| Electronic Arts, Inc. |
5.39%
2,150
|
$299,560,000 | 0.03% |
| Exponent Inc. |
9.00%
3,075
|
$292,494,000 | 0.03% |
| Cummins Inc. |
10.47%
1,055
|
$292,161,000 | 0.03% |
| Nutrien Ltd |
3.39%
5,700
|
$290,187,000 | 0.03% |
| Altair Engr Inc |
No change
2,945
|
$288,846,000 | 0.03% |
| Boeing Co. |
26.01%
1,582
|
$287,940,000 | 0.03% |
| Simpson Mfg Inc |
No change
1,670
|
$281,445,000 | 0.03% |
| Brinker International, Inc. |
Opened
3,850
|
$278,702,000 | 0.03% |
| Nuveen S&p 500 Buy-write Inc |
No change
20,300
|
$274,050,000 | 0.03% |
| Nucor Corp. |
5.51%
1,716
|
$271,265,000 | 0.03% |
| Sps Comm Inc |
10.83%
1,400
|
$263,424,000 | 0.02% |
| S&P Global Inc |
17.60%
588
|
$262,248,000 | 0.02% |
| Shell Plc |
3.68%
3,607
|
$260,353,000 | 0.02% |
| LKQ Corp |
14.62%
6,200
|
$257,858,000 | 0.02% |
| Martin Marietta Matls Inc |
No change
475
|
$257,355,000 | 0.02% |
| Adobe Inc |
Closed
430
|
$256,538,000 | |
| Invesco Exch Trd Slf Idx Fd |
No change
4,720
|
$247,753,000 | 0.02% |
| AAON Inc. |
38.80%
2,839
|
$247,674,000 | 0.02% |
| 3M Co. |
Closed
2,265
|
$247,610,000 | |
| Mastercard Incorporated |
1.63%
561
|
$247,491,000 | 0.02% |
| Construction Partners Inc |
13.94%
4,445
|
$245,408,000 | 0.02% |
| Mondelez International Inc. |
9.89%
3,744
|
$245,007,000 | 0.02% |
| Fedex Corp |
Opened
816
|
$244,669,000 | 0.02% |
| Novanta Inc |
No change
1,480
|
$241,403,000 | 0.02% |
| Vanguard Index Fds |
Opened
1,080
|
$235,483,000 | 0.02% |
| Booking Holdings Inc |
Opened
59
|
$233,729,000 | 0.02% |
| FirstService Corp |
No change
1,510
|
$230,079,000 | 0.02% |
| Marriott Intl Inc New |
Closed
997
|
$224,833,000 | |
| NextEra Energy Inc |
Opened
3,168
|
$224,326,000 | 0.02% |
| Vulcan Matls Co |
1.21%
900
|
$223,812,000 | 0.02% |
| Extra Space Storage Inc. |
No change
1,390
|
$216,020,000 | 0.02% |
| Republic Svcs Inc |
Opened
1,083
|
$210,470,000 | 0.02% |
| Nike, Inc. |
Closed
1,927
|
$209,214,000 | |
| Ishares Tr |
Opened
3,883
|
$408,541,000 | 0.04% |
| Pembina Pipeline Corporation |
Opened
5,570
|
$206,536,000 | 0.02% |
| RBC Bearings Inc. |
No change
760
|
$205,033,000 | 0.02% |
| Lemaitre Vascular Inc |
Opened
2,450
|
$201,586,000 | 0.02% |
| Universal Ins Hldgs Inc |
No change
10,000
|
$187,600,000 | 0.02% |
| Eledon Pharmaceuticals, Inc. |
Opened
30,344
|
$80,108,000 | 0.01% |
| DarioHealth Corp |
No change
19,250
|
$22,908,000 | 0.00% |
| Permianville Rty Tr |
No change
12,000
|
$12,360,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 197 holdings | |||
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