First Long Island Investors 13F annual report
First Long Island Investors is an investment fund managing more than $1.04 trillion ran by Jonathan Golub. There are currently 59 companies in Mr. Golub’s portfolio. The largest investments include Microsoft Corp Com and Automatic Data Processing, together worth $110 billion.
$1.04 trillion Assets Under Management (AUM)
As of 1st August 2023, First Long Island Investors’s top holding is 188,530 shares of Microsoft Corp Com currently worth over $64.2 billion and making up 6.2% of the portfolio value.
In addition, the fund holds 210,284 shares of Automatic Data Processing worth $46.2 billion, whose value grew 12.0% in the past six months.
The third-largest holding is Unitedhealth Inc worth $45.9 billion and the next is Comcast Corp New Cl A worth $37.4 billion, with 899,787 shares owned.
Currently, First Long Island Investors's portfolio is worth at least $1.04 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 First Long Island Investors
The First Long Island Investors office and employees reside in Jericho, New York. According to the last 13-F report filed with the SEC, Jonathan Golub serves as the Sr. Vice President and General Counsel at First Long Island Investors.
Recent trades
In the most recent 13F filing, First Long Island Investors revealed that it had opened a new position in
Accenture Plc Ireland Shs Clas and bought 51,774 shares worth $16 billion.
The investment fund also strengthened its position in Comcast Corp New Cl A by buying
2,116 additional shares.
This makes their stake in Comcast Corp New Cl A total 899,787 shares worth $37.4 billion.
On the other hand, there are companies that First Long Island Investors is getting rid of from its portfolio.
First Long Island Investors closed its position in Truist Finl Corp Com on 8th August 2023.
It sold the previously owned 319,698 shares for $10.9 billion.
Jonathan Golub also disclosed a decreased stake in Microsoft Corp Com by approximately 0.1%.
This leaves the value of the investment at $64.2 billion and 188,530 shares.
One of the largest hedge funds
The two most similar investment funds to First Long Island Investors are 2xideas Ag and Bronte Capital Management PTY. They manage $1.04 trillion and $1.04 trillion respectively.
Jonathan Golub investment strategy
First Long Island Investors’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Health Care — making up 9.3% of
the total portfolio value.
The fund focuses on investments in the United States as
40.7% 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 $231 billion.
The complete list of First Long Island Investors trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Microsoft Corp Com |
5.01%
188,530
|
$64,202,006,000 | 6.17% |
| Automatic Data Processing Inc. |
1.90%
210,284
|
$46,218,320,000 | 4.44% |
| Unitedhealth Group Inc |
5.94%
95,433
|
$45,868,917,000 | 4.40% |
| Comcast Corp New Cl A |
0.24%
899,787
|
$37,386,150,000 | 3.59% |
| Lowes Cos Inc Com |
18.36%
163,018
|
$36,793,163,000 | 3.53% |
| Amazon.com Inc. |
0.37%
280,775
|
$36,601,829,000 | 3.52% |
| Abbott Labs Com |
3.00%
318,908
|
$34,767,350,000 | 3.34% |
| Qualcomm, Inc. |
0.40%
264,756
|
$31,516,554,000 | 3.03% |
| Johnson Johnson Com |
8.86%
188,175
|
$31,146,726,000 | 2.99% |
| Nvidia Corporation Com |
24.42%
72,070
|
$30,487,051,000 | 2.93% |
| Alphabet Inc Cap Stk Cl A |
2.85%
242,756
|
$29,057,893,000 | 2.79% |
| Visa Inc |
15.37%
116,697
|
$27,713,204,000 | 2.66% |
| Parker Hannifin Corp Com |
14.79%
70,959
|
$27,676,848,000 | 2.66% |
| Mastercard Incorporated |
14.43%
70,102
|
$27,571,117,000 | 2.65% |
| Adobe Inc |
3.93%
52,082
|
$25,467,577,000 | 2.45% |
| Philip Morris Intl Inc Com |
0.69%
233,600
|
$22,804,032,000 | 2.19% |
| Starbucks Corp Com |
1.11%
223,105
|
$22,100,781,000 | 2.12% |
| United Parcel Service, Inc. |
0.37%
123,271
|
$22,096,327,000 | 2.12% |
| Fastenal Co Com |
0.40%
360,186
|
$21,247,372,000 | 2.04% |
| American Tower Corp New Com |
7.93%
106,783
|
$20,709,495,000 | 1.99% |
| Blackrock Inc. |
1.06%
29,275
|
$20,233,123,000 | 1.94% |
| Abbvie Inc |
0.69%
148,569
|
$20,016,701,000 | 1.92% |
| AMGEN Inc. |
0.75%
88,180
|
$19,577,724,000 | 1.88% |
| Texas Instrs Inc Com |
0.05%
105,907
|
$19,065,378,000 | 1.83% |
| Schwab Charles Corp New Com |
5.56%
329,533
|
$18,677,930,000 | 1.79% |
| Jpmorgan Chase Co Com |
1.29%
127,254
|
$18,507,822,000 | 1.78% |
| Apple Inc |
4.44%
92,564
|
$17,954,639,000 | 1.72% |
| Home Depot, Inc. |
1.01%
54,566
|
$16,950,382,000 | 1.63% |
| Accenture Plc Ireland Shs Clas |
Opened
51,774
|
$15,976,421,000 | 1.53% |
| Toronto Dominion Bk Ont Com Ne |
1.03%
251,852
|
$15,617,343,000 | 1.50% |
| Illinois Tool Wks Inc Com |
0.96%
62,218
|
$15,564,455,000 | 1.49% |
| Mcdonalds Corp Com |
0.16%
46,876
|
$13,988,267,000 | 1.34% |
| Blackstone Inc |
0.52%
145,600
|
$13,536,432,000 | 1.30% |
| Pepsico Inc Com |
0.60%
70,374
|
$13,034,672,000 | 1.25% |
| Williams-Sonoma, Inc. |
13.13%
103,671
|
$12,973,389,000 | 1.25% |
| Microchip Technology, Inc. |
21.45%
143,767
|
$12,880,086,000 | 1.24% |
| Chevron Corp New Com |
58.47%
81,034
|
$12,750,700,000 | 1.22% |
| Us Bancorp Del Com New |
12.78%
381,719
|
$12,611,996,000 | 1.21% |
| Nike, Inc. |
0.34%
112,393
|
$12,404,815,000 | 1.19% |
| Truist Finl Corp Com |
Closed
319,698
|
$10,901,702,000 | |
| Disney Walt Co Com Disney |
0.88%
120,172
|
$10,728,956,000 | 1.03% |
| Intuit Com |
6.81%
20,400
|
$9,347,076,000 | 0.90% |
| Airbnb, Inc. |
Opened
62,538
|
$8,014,870,000 | 0.77% |
| Alphabet Inc Cap Stk Cl C |
0.01%
64,171
|
$7,762,766,000 | 0.75% |
| Netflix Inc. |
19.97%
16,821
|
$7,409,482,000 | 0.71% |
| Danaher Corporation Com |
0.72%
29,190
|
$7,005,600,000 | 0.67% |
| Zoetis Inc |
No change
39,249
|
$6,759,070,000 | 0.65% |
| Lilly Eli Co Com |
Opened
13,009
|
$6,100,961,000 | 0.59% |
| Autodesk Inc. |
883.50%
29,751
|
$6,087,352,000 | 0.58% |
| Constellation Brands, Inc. |
Opened
24,103
|
$5,932,471,000 | 0.57% |
| Thermo Fisher Scientific Inc C |
21.75%
11,197
|
$5,842,035,000 | 0.56% |
| Dollar General Corp. |
No change
30,400
|
$5,161,312,000 | 0.50% |
| Intuitive Surgical Inc |
14.04%
14,700
|
$5,026,518,000 | 0.48% |
| Paypal Hldgs Inc Com |
61.00%
73,899
|
$4,931,280,000 | 0.47% |
| Invesco Qqq Tr Unit Ser 1 |
No change
875
|
$323,242,000 | 0.03% |
| Stryker Corporation Com |
No change
880
|
$268,479,000 | 0.03% |
| Select Sector Spdr Tr Sbi Heal |
No change
1,880
|
$249,532,000 | 0.02% |
| Amphenol Corp. |
Closed
3,016
|
$246,468,000 | |
| Merck Co. Inc Com |
Opened
1,865
|
$215,202,000 | 0.02% |
| Union Pac Corp Com |
No change
1,038
|
$212,396,000 | 0.02% |
| Pan Amer Silver Corp |
Opened
11,081
|
$161,561,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||
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