Monetta Financial Services Inc 13F annual report
Monetta Financial Services Inc is an investment fund managing more than $116 billion ran by Robert Bacarella. There are currently 47 companies in Mr. Bacarella’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Alphabet Inc, together worth $23.2 billion.
$116 billion Assets Under Management (AUM)
As of 2nd August 2024, Monetta Financial Services Inc’s top holding is 23,000 shares of Spdr S&p 500 Etf Tr currently worth over $12.5 billion and making up 10.8% of the portfolio value.
In addition, the fund holds 58,000 shares of Alphabet Inc worth $10.6 billion, whose value grew 9.1% in the past six months.
The third-largest holding is Amazon.com worth $9.95 billion and the next is Microsoft worth $7.6 billion, with 17,000 shares owned.
Currently, Monetta Financial Services Inc's portfolio is worth at least $116 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 Monetta Financial Services Inc
The Monetta Financial Services Inc office and employees reside in Wheaton, Illinois. According to the last 13-F report filed with the SEC, Robert Bacarella serves as the President at Monetta Financial Services Inc.
Recent trades
In the most recent 13F filing, Monetta Financial Services Inc revealed that it had opened a new position in
Select Sector Spdr Tr and bought 13,000 shares worth $1.18 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
49,500 additional shares.
This makes their stake in NVIDIA Corp total 55,000 shares worth $6.79 billion.
NVIDIA Corp dropped 75.3% in the past year.
On the other hand, there are companies that Monetta Financial Services Inc is getting rid of from its portfolio.
Monetta Financial Services Inc closed its position in Uber Technologies Inc on 9th August 2024.
It sold the previously owned 20,000 shares for $1.54 billion.
Robert Bacarella also disclosed a decreased stake in Spdr S&p 500 Etf Tr by 0.1%.
This leaves the value of the investment at $12.5 billion and 23,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Monetta Financial Services Inc are Halter Ferguson and Vernal Point Advisors. They manage $116 billion and $116 billion respectively.
Robert Bacarella investment strategy
Monetta Financial Services Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 32.6% of
the total portfolio value.
The fund focuses on investments in the United States as
70.2% 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
66% 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 $299 billion.
The complete list of Monetta Financial Services Inc trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
11.54%
23,000
|
$12,517,060,000 | 10.83% |
| Alphabet Inc |
No change
58,000
|
$10,638,360,000 | 9.20% |
| Amazon.com Inc. |
No change
51,500
|
$9,952,375,000 | 8.61% |
| Microsoft Corporation |
No change
17,000
|
$7,598,150,000 | 6.57% |
| Apple Inc |
No change
33,000
|
$6,950,460,000 | 6.01% |
| NVIDIA Corp |
900.00%
55,000
|
$6,794,700,000 | 5.88% |
| Vanguard Index Fds |
No change
13,500
|
$6,751,755,000 | 5.84% |
| JPMorgan Chase & Co. |
10.71%
25,000
|
$5,056,500,000 | 4.37% |
| Costco Whsl Corp New |
No change
4,500
|
$3,824,955,000 | 3.31% |
| Netflix Inc. |
No change
4,400
|
$2,969,472,000 | 2.57% |
| Meta Platforms Inc |
44.44%
5,200
|
$2,621,944,000 | 2.27% |
| Mastercard Incorporated |
20.83%
5,700
|
$2,514,612,000 | 2.18% |
| Crowdstrike Holdings Inc |
No change
5,500
|
$2,107,545,000 | 1.82% |
| Advanced Micro Devices Inc. |
No change
12,000
|
$1,946,520,000 | 1.68% |
| Uber Technologies Inc |
Closed
20,000
|
$1,539,800,000 | |
| Schwab Charles Corp |
No change
20,800
|
$1,532,752,000 | 1.33% |
| Eli Lilly & Co |
No change
1,600
|
$1,448,608,000 | 1.25% |
| Disney Walt Co |
No change
14,000
|
$1,390,060,000 | 1.20% |
| Salesforce Inc |
Closed
4,500
|
$1,355,310,000 | |
| ServiceNow Inc |
No change
1,700
|
$1,337,339,000 | 1.16% |
| Palantir Technologies Inc. |
No change
52,000
|
$1,317,160,000 | 1.14% |
| Delta Air Lines, Inc. |
No change
25,000
|
$1,186,000,000 | 1.03% |
| Select Sector Spdr Tr |
Opened
13,000
|
$1,184,950,000 | 1.03% |
| Goldman Sachs Group, Inc. |
No change
2,500
|
$1,130,800,000 | 0.98% |
| Ingersoll Rand Inc. |
No change
12,000
|
$1,090,080,000 | 0.94% |
| First Solar Inc |
Opened
4,700
|
$1,059,662,000 | 0.92% |
| Oracle Corp. |
Opened
7,500
|
$1,059,000,000 | 0.92% |
| Abbvie Inc |
Closed
5,700
|
$1,037,970,000 | |
| Asml Holding N V |
No change
1,000
|
$1,022,730,000 | 0.88% |
| Unitedhealth Group Inc |
No change
2,000
|
$1,018,520,000 | 0.88% |
| Walmart Inc |
No change
15,000
|
$1,015,650,000 | 0.88% |
| DraftKings Inc. |
No change
26,000
|
$992,420,000 | 0.86% |
| Exxon Mobil Corp. |
No change
8,500
|
$978,520,000 | 0.85% |
| American Intl Group Inc |
No change
13,000
|
$965,120,000 | 0.83% |
| Royal Caribbean Group |
Opened
6,000
|
$956,580,000 | 0.83% |
| Occidental Pete Corp |
No change
15,000
|
$945,450,000 | 0.82% |
| Chipotle Mexican Grill |
Opened
15,000
|
$939,750,000 | 0.81% |
| Vertex Pharmaceuticals, Inc. |
No change
2,000
|
$937,440,000 | 0.81% |
| Accenture Plc Ireland |
Closed
2,700
|
$935,847,000 | |
| RTX Corp |
No change
9,000
|
$903,510,000 | 0.78% |
| Tesla Inc |
Opened
4,500
|
$890,460,000 | 0.77% |
| Coinbase Global Inc |
No change
4,000
|
$888,920,000 | 0.77% |
| Adobe Inc |
6.67%
1,600
|
$888,864,000 | 0.77% |
| Tjx Cos Inc New |
11.11%
8,000
|
$880,800,000 | 0.76% |
| Southwest Airls Co |
No change
30,000
|
$858,300,000 | 0.74% |
| Intel Corp. |
Closed
19,000
|
$839,230,000 | |
| Corpay Inc |
Closed
2,700
|
$833,058,000 | |
| Caterpillar Inc. |
Opened
2,500
|
$832,750,000 | 0.72% |
| Verizon Communications Inc |
No change
20,000
|
$824,800,000 | 0.71% |
| Fortinet Inc |
Closed
12,000
|
$819,720,000 | |
| Quanta Svcs Inc |
Opened
3,000
|
$762,270,000 | 0.66% |
| PayPal Holdings Inc |
No change
13,000
|
$754,390,000 | 0.65% |
| Qorvo Inc |
No change
6,500
|
$754,260,000 | 0.65% |
| UiPath, Inc. |
Closed
32,000
|
$725,440,000 | |
| Enphase Energy Inc |
No change
6,000
|
$598,260,000 | 0.52% |
| No transactions found | |||
| Showing first 500 out of 55 holdings | |||
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