Elefante Mark B 13F annual report

Elefante Mark B is an investment fund managing more than $29.6 million ran by John Aharonian. There are currently 45 companies in Mr. Aharonian’s portfolio. The largest investments include Apple and Mastercard, together worth $2.89 million.

Limited to 30 biggest holdings

$29.6 million Assets Under Management (AUM)

As of 7th October 2020, Elefante Mark B’s top holding is 4,381 shares of Apple currently worth over $1.6 million and making up 5.4% of the portfolio value. Relative to the number of outstanding shares of Apple, Elefante Mark B owns more than approximately 0.1% of the company. In addition, the fund holds 4,381 shares of Mastercard worth $1.3 million, whose value grew 27.7% in the past six months. The third-largest holding is Danaher worth $1.23 million and the next is Amazon.com worth $1.18 million, with 429 shares owned.

Currently, Elefante Mark B's portfolio is worth at least $29.6 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 Elefante Mark B

The Elefante Mark B office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, John Aharonian serves as the Director of Operations at Elefante Mark B.

Recent trades

In the most recent 13F filing, Elefante Mark B revealed that it had opened a new position in Raytheon Technologies and bought 10,070 shares worth $620 thousand. This means they effectively own approximately 0.1% of the company. Raytheon Technologies makes up 17.1% of the fund's Industrials sector allocation and has decreased its share price by 30.4% in the past year.

The investment fund also strengthened its position in Mastercard by buying 200 additional shares. This makes their stake in Mastercard total 4,381 shares worth $1.3 million. Mastercard soared 25.1% in the past year.

On the other hand, there are companies that Elefante Mark B is getting rid of from its portfolio. Elefante Mark B closed its position in United Technologies on 28th July 2020. It sold the previously owned 7,050 shares for $666 thousand. John Aharonian also disclosed a decreased stake in Apple by approximately 0.1%. This leaves the value of the investment at $1.6 million and 4,381 shares.

One of the smallest hedge funds

The two most similar investment funds to Elefante Mark B are Cincinnati Indemnity Co and G.f.w. Xi, L.P.. They manage $29.6 million and $29.5 million respectively.

John Aharonian investment strategy

Elefante Mark B’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 15.5% of the total portfolio value. The fund focuses on investments in the United States as 68.9% 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 67% 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 $305 billion.

The complete list of Elefante Mark B trades based on 13F SEC filings

These positions were updated on July 28th 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
Apple, Inc.	4.76% 4,381	$1,598,000	5.40%
Mastercard, Inc.	4.78% 4,381	$1,295,000	4.38%
Danaher Corp.	0.31% 6,968	$1,231,000	4.16%
Amazon.com, Inc.	3.87% 429	$1,183,000	4.00%
Alphabet, Inc.	1.37% 814	$1,154,000	3.90%
Microsoft Corp.	4.28% 5,186	$1,055,000	3.56%
Abbott Labs	4.40% 11,456	$1,047,000	3.54%
Analog Devices, Inc.	11.24% 7,881	$967,000	3.27%
PayPal Holdings, Inc.	7.79% 5,395	$940,000	3.18%
Fiserv, Inc.	4.75% 9,234	$902,000	3.05%
Johnson & Johnson	8.90% 6,180	$869,000	2.94%
Procter & Gamble Co.	7.34% 7,238	$866,000	2.93%
Novartis Ag Adr	13.16% 9,805	$856,000	2.89%
Nestle Sa Adr	2.31% 7,745	$855,000	2.89%
Canadian Natl Railway	21.49% 9,611	$850,000	2.87%
Rockwell Automation, Inc.	10.17% 3,955	$842,000	2.85%
Automatic Data Processing, Inc.	13.08% 5,471	$815,000	2.75%
Unilever Plc New Adr	10.93% 14,160	$777,000	2.63%
The Home Depot, Inc.	9.44% 3,037	$761,000	2.57%
Xilinx, Inc.	14.57% 7,550	$743,000	2.51%
AptarGroup, Inc.	11.79% 6,523	$730,000	2.47%
Disney	7.64% 6,483	$723,000	2.44%
Illumina, Inc.	12.34% 1,902	$704,000	2.38%
Becton Dickinson	21.93% 2,847	$681,000	2.30%
United Technologies	Closed 7,050	$666,000
Raytheon Technologies Corp.	Opened 10,070	$620,000	2.09%
Chubb Limited	23.19% 3,660	$463,000	1.56%
Xylem, Inc.	4.19% 6,845	$445,000	1.50%
United Health Group	9.44% 1,495	$441,000	1.49%
ANSYS, Inc.	1.71% 1,441	$420,000	1.42%
Pepsico	No change 3,124	$413,000	1.40%
NextEra Energy, Inc.	4.39% 1,632	$392,000	1.32%
Chevron Corp.	47.86% 4,325	$386,000	1.30%
Costco Wholesale Corp.	6.67% 1,260	$383,000	1.29%
CVS Health Corp.	23.58% 4,979	$324,000	1.09%
American Tower Corp.	0.74% 1,202	$311,000	1.05%
NIKE, Inc.	Opened 3,075	$302,000	1.02%
Novozymes A S Dkk 2.0	4.13% 5,045	$291,000	0.98%
RPM International, Inc.	No change 3,878	$291,000	0.98%
Honeywell Intl	No change 1,997	$289,000	0.98%
Cisco Sys Inc	No change 5,637	$263,000	0.89%
NVIDIA Corp.	Opened 670	$255,000	0.86%
Fortive Corp.	Closed 4,445	$245,000
Stryker Corp.	No change 1,225	$221,000	0.75%
EOG Resources, Inc.	Opened 4,305	$219,000	0.74%
The TJX Cos., Inc.	Opened 4,260	$215,000	0.73%
Orsted A S	Opened 1,800	$207,000	0.70%
3M Co.	Closed 1,477	$202,000
No transactions found
Showing first 500 out of 48 holdings