Timucuan Asset Management Inc/fl 13F annual report
Timucuan Asset Management Inc/fl is an investment fund managing more than $2.91 trillion ran by James Franco. There are currently 24 companies in Mr. Franco’s portfolio. The largest investments include Progressive and Booking Inc, together worth $506 billion.
$2.91 trillion Assets Under Management (AUM)
As of 6th August 2024, Timucuan Asset Management Inc/fl’s top holding is 1,223,496 shares of Progressive currently worth over $254 billion and making up 8.7% of the portfolio value.
Relative to the number of outstanding shares of Progressive, Timucuan Asset Management Inc/fl owns more than approximately 0.1% of the company.
In addition, the fund holds 63,595 shares of Booking Inc worth $252 billion, whose value fell 8.2% in the past six months.
The third-largest holding is Charles Schwab worth $239 billion and the next is American Express Co Com worth $229 billion, with 989,124 shares owned.
Currently, Timucuan Asset Management Inc/fl's portfolio is worth at least $2.91 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 Timucuan Asset Management Inc/fl
The Timucuan Asset Management Inc/fl office and employees reside in Jacksonville, Florida. According to the last 13-F report filed with the SEC, James Franco serves as the Chief Compliance Officer at Timucuan Asset Management Inc/fl.
Recent trades
In the most recent 13F filing, Timucuan Asset Management Inc/fl revealed that it had opened a new position in
Asbury Automotive Inc and bought 546,310 shares worth $124 billion.
This means they effectively own approximately 0.1% of the company.
Asbury Automotive Inc makes up
23.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Charles Schwab by buying
2,188 additional shares.
This makes their stake in Charles Schwab total 3,244,488 shares worth $239 billion.
Charles Schwab dropped approximately 0.1% in the past year.
On the other hand, there are companies that Timucuan Asset Management Inc/fl is getting rid of from its portfolio.
Timucuan Asset Management Inc/fl closed its position in Carmax Inc on 13th August 2024.
It sold the previously owned 1,551,152 shares for $135 billion.
James Franco also disclosed a decreased stake in Progressive by approximately 0.1%.
This leaves the value of the investment at $254 billion and 1,223,496 shares.
One of the largest hedge funds
The two most similar investment funds to Timucuan Asset Management Inc/fl are Wright Fund Management and Becker Capital Management Inc. They manage $2.91 trillion and $2.91 trillion respectively.
James Franco investment strategy
Timucuan Asset Management Inc/fl’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 18.0% of
the total portfolio value.
The fund focuses on investments in the United States as
62.5% 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
33% 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 $108 billion.
The complete list of Timucuan Asset Management Inc/fl trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Progressive Corp. |
1.35%
1,223,496
|
$254,132,320,000 | 8.73% |
| Booking Holdings Inc |
0.01%
63,595
|
$251,930,479,000 | 8.66% |
| Charles Schwab Corp. |
0.07%
3,244,488
|
$239,086,357,000 | 8.22% |
| American Express Co Com |
0.45%
989,124
|
$229,031,579,000 | 7.87% |
| Analog Devices Inc. |
0.15%
931,282
|
$212,574,398,000 | 7.31% |
| Tempur Sealy Intl Inc Com |
2.10%
4,197,843
|
$198,725,882,000 | 6.83% |
| Floor And Decor Holdings Inc |
0.46%
1,759,681
|
$174,929,888,000 | 6.01% |
| Moelis And Company |
0.46%
3,041,565
|
$172,943,364,000 | 5.94% |
| Thor Inds Inc Com |
1.20%
1,735,018
|
$162,137,412,000 | 5.57% |
| Alphabet Inc |
0.00%
797,625
|
$146,300,330,000 | 5.03% |
| Berkshire Hathaway Inc Del Cl |
0.33%
340,364
|
$266,945,404,000 | 9.18% |
| Carmax Inc |
Closed
1,551,152
|
$135,120,860,000 | |
| Asbury Automotive Group Inc |
Opened
546,310
|
$124,487,660,000 | 4.28% |
| NVR Inc. |
0.03%
14,924
|
$113,248,884,000 | 3.89% |
| Armstrong World Industries Inc. |
19.92%
924,723
|
$104,715,684,000 | 3.60% |
| Arista Networks Inc |
32.89%
295,638
|
$103,615,052,000 | 3.56% |
| WillScot Holdings Corp. |
Opened
2,464,798
|
$92,774,997,000 | 3.19% |
| Canada Goose Holdings Inc |
No change
1,759,290
|
$22,747,620,000 | 0.78% |
| Burford Capital Ltd |
No change
1,103,208
|
$14,396,864,000 | 0.49% |
| Lakeland Financial Corp. |
No change
187,811
|
$11,554,133,000 | 0.40% |
| Patrick Industries, Inc. |
No change
84,000
|
$9,118,200,000 | 0.31% |
| WestRock Co |
No change
35,000
|
$1,759,100,000 | 0.06% |
| LCI Industries |
No change
10,818
|
$1,118,365,000 | 0.04% |
| Whirlpool Corp. |
Opened
7,500
|
$766,500,000 | 0.03% |
| Alphabet Inc Cap Stk Cl A (goo |
No change
1,809
|
$329,509,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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