Forbes J M & Co LL.P. 13F annual report
Forbes J M & Co LL.P. is an investment fund managing more than $976 billion ran by Paul Kendrigan. There are currently 133 companies in Mr. Kendrigan’s portfolio. The largest investments include Microsoft and Ishares Gold Trust, together worth $131 billion.
$976 billion Assets Under Management (AUM)
As of 23rd July 2024, Forbes J M & Co LL.P.’s top holding is 155,955 shares of Microsoft currently worth over $69.7 billion and making up 7.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Forbes J M & Co LL.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 1,389,998 shares of Ishares Gold Trust worth $61.1 billion.
The third-largest holding is NVIDIA Corp worth $60.3 billion and the next is Apple Inc worth $51.5 billion, with 244,597 shares owned.
Currently, Forbes J M & Co LL.P.'s portfolio is worth at least $976 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 Forbes J M & Co LL.P.
The Forbes J M & Co LL.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Paul Kendrigan serves as the Chief Compliance Officer at Forbes J M & Co LL.P..
Recent trades
In the most recent 13F filing, Forbes J M & Co LL.P. revealed that it had opened a new position in
Palo Alto Networks Inc and bought 17,638 shares worth $5.98 billion.
This means they effectively own approximately 0.1% of the company.
Palo Alto Networks Inc makes up
2.4%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Gold Trust by buying
7,114 additional shares.
This makes their stake in Ishares Gold Trust total 1,389,998 shares worth $61.1 billion.
On the other hand, there are companies that Forbes J M & Co LL.P. is getting rid of from its portfolio.
Forbes J M & Co LL.P. closed its position in Aptiv PLC on 30th July 2024.
It sold the previously owned 45,022 shares for $4.04 billion.
Paul Kendrigan also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $69.7 billion and 155,955 shares.
One of the average hedge funds
The two most similar investment funds to Forbes J M & Co LL.P. are Cornerstone Capital and Tradition Wealth Management. They manage $975 billion and $975 billion respectively.
Paul Kendrigan investment strategy
Forbes J M & Co LL.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 25.2% of
the total portfolio value.
The fund focuses on investments in the United States as
60.2% 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
61% 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 $232 billion.
The complete list of Forbes J M & Co LL.P. trades based on 13F SEC filings
These positions were updated on July 30th 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 Corporation |
0.58%
155,955
|
$69,704,087,000 | 7.14% |
| Ishares Gold Trust |
0.51%
1,389,998
|
$61,062,634,000 | 6.26% |
| NVIDIA Corp |
800.37%
488,065
|
$60,295,550,000 | 6.18% |
| Apple Inc |
0.67%
244,597
|
$51,517,020,000 | 5.28% |
| Alphabet Inc |
0.52%
222,166
|
$40,467,537,000 | 4.15% |
| Amazon.com Inc. |
0.20%
180,346
|
$34,851,864,000 | 3.57% |
| Energy Select Sector Spdr |
0.03%
365,105
|
$33,279,321,000 | 3.41% |
| Jp Morgan Chase & Co |
0.79%
114,503
|
$23,159,377,000 | 2.37% |
| Merck & Co Inc |
0.77%
165,006
|
$20,427,743,000 | 2.09% |
| Technology Select Sect Spdr |
0.61%
88,753
|
$20,078,591,000 | 2.06% |
| Procter & Gamble Co. |
0.20%
119,236
|
$19,664,401,000 | 2.01% |
| Broadcom Inc |
25.66%
11,475
|
$18,423,457,000 | 1.89% |
| Bank Of America Corp. |
0.12%
438,412
|
$17,435,645,000 | 1.79% |
| Visa Inc |
0.61%
65,113
|
$17,090,209,000 | 1.75% |
| Johnson & Johnson |
0.03%
113,657
|
$16,612,107,000 | 1.70% |
| Adobe Inc |
0.53%
29,713
|
$16,506,760,000 | 1.69% |
| Linde Plc. |
0.61%
36,843
|
$16,167,077,000 | 1.66% |
| Walmart Inc |
200.96%
232,942
|
$15,772,503,000 | 1.62% |
| NextEra Energy Inc |
0.03%
213,844
|
$15,142,294,000 | 1.55% |
| Coca-Cola Co |
0.45%
237,636
|
$15,125,531,000 | 1.55% |
| Vanguard Dividend Apprec Etf |
22.40%
82,672
|
$15,091,774,000 | 1.55% |
| Pepsico Inc |
0.71%
90,342
|
$14,900,106,000 | 1.53% |
| Abbott Labs |
0.25%
135,922
|
$14,123,655,000 | 1.45% |
| Tjx Cos Inc |
1.00%
120,607
|
$13,278,831,000 | 1.36% |
| Union Pac Corp |
0.16%
54,926
|
$12,427,557,000 | 1.27% |
| Eaton Corp Plc |
0.56%
38,218
|
$11,983,254,000 | 1.23% |
| Honeywell International Inc |
0.21%
55,866
|
$11,929,626,000 | 1.22% |
| Ishares Core S&p Mid-cap Etf |
398.50%
199,765
|
$11,690,248,000 | 1.20% |
| Intl. Business Machines Corp |
0.73%
67,176
|
$11,618,089,000 | 1.19% |
| Financial Select Sector Spdr |
0.60%
272,965
|
$11,221,591,000 | 1.15% |
| Xylem Inc |
0.38%
81,982
|
$11,119,219,000 | 1.14% |
| Intercontinental Exchange Inc |
0.31%
76,291
|
$10,443,475,000 | 1.07% |
| Industrial Select Sector Spdr |
0.55%
83,416
|
$10,165,908,000 | 1.04% |
| Spdr Portfolio Emerging Markets Etf |
1.62%
266,686
|
$10,046,062,000 | 1.03% |
| Progressive Corp. |
0.67%
46,925
|
$9,746,792,000 | 1.00% |
| Zoetis Inc |
0.68%
56,164
|
$9,736,591,000 | 1.00% |
| Unitedhealth Group Inc |
0.60%
18,910
|
$9,630,107,000 | 0.99% |
| Salesforce Inc |
1.11%
36,767
|
$9,452,796,000 | 0.97% |
| Becton Dickinson |
0.83%
35,904
|
$8,391,124,000 | 0.86% |
| Home Depot, Inc. |
0.04%
24,257
|
$8,350,230,000 | 0.86% |
| Verizon Communications Inc |
0.04%
196,789
|
$8,115,578,000 | 0.83% |
| Health Care Select Sector |
0.60%
54,998
|
$8,015,958,000 | 0.82% |
| Consumer Discretionary Select |
0.60%
43,177
|
$7,875,485,000 | 0.81% |
| Ecolab, Inc. |
0.06%
32,116
|
$7,643,608,000 | 0.78% |
| Ishares Core S&p Total U.s. |
0.52%
58,133
|
$6,905,038,000 | 0.71% |
| Nestle Sa Spons Adr |
0.57%
66,637
|
$6,826,961,000 | 0.70% |
| Prologis Inc Reit |
0.39%
58,634
|
$6,585,185,000 | 0.67% |
| Palo Alto Networks Inc |
Opened
17,638
|
$5,979,458,000 | 0.61% |
| Arista Networks Inc |
Opened
16,949
|
$5,940,286,000 | 0.61% |
| Rio Tinto Plc Spons Adr |
2.01%
89,978
|
$5,932,250,000 | 0.61% |
| Ishares Biotechnology Etf |
0.41%
41,387
|
$5,680,780,000 | 0.58% |
| Meta Platforms Inc |
0.61%
11,094
|
$5,593,817,000 | 0.57% |
| Comm Serv Select Sector Spdr |
0.60%
64,548
|
$5,529,182,000 | 0.57% |
| Exxon Mobil Corp. |
0.38%
44,317
|
$5,101,773,000 | 0.52% |
| Berkshire Hathaway Inc. |
0.02%
12,374
|
$5,033,743,000 | 0.52% |
| O'reilly Automotive Inc |
Opened
4,579
|
$4,835,699,000 | 0.50% |
| ServiceNow Inc |
1.46%
5,355
|
$4,212,618,000 | 0.43% |
| Aptiv PLC |
Closed
45,022
|
$4,039,374,000 | |
| Utilities Select Sector Spdr |
0.60%
43,342
|
$2,953,324,000 | 0.30% |
| Real Estate Select Sect Spdr |
0.60%
76,050
|
$2,921,080,000 | 0.30% |
| Alphabet Inc |
1.88%
15,191
|
$2,786,333,000 | 0.29% |
| Tesla Inc |
1.97%
13,692
|
$2,709,373,000 | 0.28% |
| Abbvie Inc |
0.50%
14,345
|
$2,460,454,000 | 0.25% |
| Automatic Data Processing Inc. |
0.03%
10,125
|
$2,416,736,000 | 0.25% |
| Ishares Msci Kld 400 Social Etf |
7.66%
23,248
|
$2,414,305,000 | 0.25% |
| Mcdonalds Corp |
0.24%
7,770
|
$1,980,107,000 | 0.20% |
| Costco Wholesale Corp |
0.47%
2,309
|
$1,962,627,000 | 0.20% |
| Cisco Systems, Inc. |
0.07%
34,973
|
$1,661,567,000 | 0.17% |
| Ishares Core S&p 500 Etf |
13.96%
3,020
|
$1,652,634,000 | 0.17% |
| Lilly Eli & Co |
2.45%
1,554
|
$1,406,961,000 | 0.14% |
| Emerson Elec Co |
No change
12,098
|
$1,332,716,000 | 0.14% |
| Spdr Gold Minishares Trust Etf |
No change
28,711
|
$1,323,290,000 | 0.14% |
| Mastercard Incorporated |
2.27%
2,880
|
$1,270,541,000 | 0.13% |
| Stryker Corp. |
No change
3,521
|
$1,198,020,000 | 0.12% |
| Intuit Inc |
7.34%
1,819
|
$1,195,465,000 | 0.12% |
| Accenture plc |
2.96%
3,789
|
$1,149,620,000 | 0.12% |
| Spdr Gold Trust |
No change
5,318
|
$1,143,423,000 | 0.12% |
| Disney Walt Co New |
0.59%
10,823
|
$1,074,616,000 | 0.11% |
| Analog Devices Inc. |
No change
4,698
|
$1,072,365,000 | 0.11% |
| Materials Select Sector Spdr Trust |
0.60%
11,478
|
$1,013,622,000 | 0.10% |
| Chevron Corp. |
1.74%
6,156
|
$962,922,000 | 0.10% |
| Church & Dwight Co., Inc. |
No change
8,520
|
$883,354,000 | 0.09% |
| Intel Corp. |
2.09%
26,997
|
$836,097,000 | 0.09% |
| Air Products & Chemicals Inc. |
No change
3,120
|
$805,116,000 | 0.08% |
| RTX Corp |
1.67%
7,795
|
$782,540,000 | 0.08% |
| Fiserv, Inc. |
No change
5,096
|
$759,508,000 | 0.08% |
| Comcast Corp Cl A |
1.39%
17,063
|
$668,187,000 | 0.07% |
| Pfizer Inc. |
10.96%
22,333
|
$624,878,000 | 0.06% |
| Berkshire Hathaway Inc. |
No change
1
|
$612,241,000 | 0.06% |
| Danaher Corp. |
No change
2,390
|
$597,141,000 | 0.06% |
| Royal Bank Of Canada |
No change
5,600
|
$595,728,000 | 0.06% |
| Nike, Inc. |
0.81%
7,833
|
$590,373,000 | 0.06% |
| Illinois Tool Wks Inc |
No change
2,449
|
$580,315,000 | 0.06% |
| PNC Financial Services Group Inc |
3.66%
3,317
|
$515,727,000 | 0.05% |
| Us Bancorp New |
No change
12,892
|
$511,812,000 | 0.05% |
| Canadian National Railway Co. |
No change
4,210
|
$497,327,000 | 0.05% |
| Edwards Lifesciences Corp |
No change
5,285
|
$488,175,000 | 0.05% |
| Spdr S&p 500 Etf Trust |
Opened
842
|
$458,233,000 | 0.05% |
| Weyerhaeuser Co Reit |
No change
16,101
|
$457,107,000 | 0.05% |
| Yum Brands Inc. |
No change
3,382
|
$447,980,000 | 0.05% |
| Boeing Co. |
0.04%
2,436
|
$443,376,000 | 0.05% |
| Caterpillar Inc. |
No change
1,307
|
$435,362,000 | 0.04% |
| Biogen Inc |
2.04%
1,869
|
$433,272,000 | 0.04% |
| Genuine Parts Co. |
No change
2,950
|
$408,044,000 | 0.04% |
| DuPont de Nemours Inc |
No change
4,991
|
$401,726,000 | 0.04% |
| Carrier Global Corporation |
3.21%
6,175
|
$389,519,000 | 0.04% |
| Progress Software Corp. |
No change
7,120
|
$386,331,000 | 0.04% |
| Bristol-Myers Squibb Co. |
93.65%
9,255
|
$384,360,000 | 0.04% |
| State Street Corp. |
No change
5,035
|
$372,590,000 | 0.04% |
| Target Corp |
3.89%
2,472
|
$365,955,000 | 0.04% |
| Paychex Inc. |
5.80%
2,884
|
$341,927,000 | 0.04% |
| Qualcomm, Inc. |
No change
1,680
|
$334,622,000 | 0.03% |
| Roper Technologies Inc |
No change
555
|
$312,831,000 | 0.03% |
| 3M Co. |
1.81%
3,038
|
$310,453,000 | 0.03% |
| Axsome Therapeutics Inc |
No change
3,840
|
$309,120,000 | 0.03% |
| Nuvectis Pharma Inc |
39.47%
47,419
|
$300,162,000 | 0.03% |
| Starbucks Corp. |
2.60%
3,752
|
$292,093,000 | 0.03% |
| Paccar Inc. |
1.88%
2,821
|
$290,394,000 | 0.03% |
| Ishares 7-10 Year Treasury B |
3.20%
2,992
|
$280,201,000 | 0.03% |
| Otis Worldwide Corporation |
4.10%
2,856
|
$274,919,000 | 0.03% |
| Bank Of Nova Scotia Halifax |
No change
6,000
|
$274,320,000 | 0.03% |
| Corteva Inc |
No change
4,983
|
$268,783,000 | 0.03% |
| Dow Inc |
No change
4,915
|
$260,741,000 | 0.03% |
| GE Aerospace |
No change
1,625
|
$258,326,000 | 0.03% |
| S&P Global Inc |
No change
569
|
$253,774,000 | 0.03% |
| Intuitive Surgical Inc |
Opened
555
|
$246,892,000 | 0.03% |
| Jpmorgan Ultra-short Income Etf |
0.02%
4,842
|
$244,376,000 | 0.03% |
| Jpm Ultra-short Muni Income |
No change
4,801
|
$243,627,000 | 0.02% |
| Check Point Software Tech Ltd |
6.58%
1,420
|
$234,300,000 | 0.02% |
| Oracle Corp. |
Opened
1,626
|
$229,591,000 | 0.02% |
| Ishares 0-3 Month Treasury Bd Etf |
Closed
2,266
|
$227,212,000 | |
| Regeneron Pharmaceuticals, Inc. |
Opened
199
|
$209,155,000 | 0.02% |
| American Tower Corp Reit |
No change
1,057
|
$205,460,000 | 0.02% |
| Waste Management, Inc. |
Opened
959
|
$204,593,000 | 0.02% |
| Beyond Air, Inc. |
No change
35,020
|
$18,816,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 135 holdings | |||
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