Avenir Corp 13F annual report

Avenir Corp is an investment fund managing more than $1.03 trillion ran by Kenneth Ii. There are currently 65 companies in Mr. Ii’s portfolio. The largest investments include Microsoft and Markel Inc, together worth $254 billion.

Limited to 30 biggest holdings

$1.03 trillion Assets Under Management (AUM)

As of 7th August 2024, Avenir Corp’s top holding is 324,380 shares of Microsoft currently worth over $145 billion and making up 14.1% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Avenir Corp owns more than approximately 0.1% of the company. In addition, the fund holds 69,263 shares of Markel Inc worth $109 billion, whose value grew 3.5% in the past six months. The third-largest holding is American Tower worth $97.6 billion and the next is Amazon.com worth $88.5 billion, with 457,809 shares owned.

Currently, Avenir Corp's portfolio is worth at least $1.03 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 Avenir Corp

The Avenir Corp office and employees reside in Alexandria, Virginia. According to the last 13-F report filed with the SEC, Kenneth Ii serves as the CCO at Avenir Corp.

Recent trades

In the most recent 13F filing, Avenir Corp revealed that it had opened a new position in Ccc Intelligent Solutions Hl and bought 2,050,801 shares worth $22.8 billion.

The investment fund also strengthened its position in SBA Communications Corp by buying 3,621 additional shares. This makes their stake in SBA Communications Corp total 59,648 shares worth $11.7 billion. SBA Communications Corp dropped 5.4% in the past year.

On the other hand, there are companies that Avenir Corp is getting rid of from its portfolio. Avenir Corp closed its position in Triplepoint Venture Growth B on 14th August 2024. It sold the previously owned 33,000 shares for $345 million. Kenneth Ii also disclosed a decreased stake in Microsoft by 0.3%. This leaves the value of the investment at $145 billion and 324,380 shares.

One of the average hedge funds

The two most similar investment funds to Avenir Corp are Leith Wheeler Investment Counsel and Point72 Europe (london) LL.P.. They manage $1.03 trillion and $1.03 trillion respectively.


Kenneth Ii investment strategy

Avenir Corp’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 25.4% of the total portfolio value. The fund focuses on investments in the United States as 58.5% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 3.1% of the portfolio. The average market cap of the portfolio companies is close to $229 billion.

The complete list of Avenir Corp trades based on 13F SEC filings

These positions were updated on August 14th 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
29.82%
324,380
$144,981,451,000 14.09%
Markel Group Inc
20.74%
69,263
$109,134,297,000 10.61%
American Tower Corp.
13.62%
502,113
$97,600,708,000 9.49%
Amazon.com Inc.
14.95%
457,809
$88,471,686,000 8.60%
Oreilly Automotive Inc
15.54%
70,701
$74,665,026,000 7.26%
Copart, Inc.
15.52%
1,358,102
$73,554,804,000 7.15%
Apple Inc
12.27%
284,538
$59,929,354,000 5.83%
Berkshire Hathaway Inc.
14.21%
133,328
$57,908,876,000 5.63%
Universal Display Corp.
8.34%
207,672
$43,663,039,000 4.24%
Lockheed Martin Corp.
20.27%
83,370
$38,942,127,000 3.79%
Mastercard Incorporated
16.25%
76,107
$33,575,385,000 3.26%
Ccc Intelligent Solutions Hl
Opened
2,050,801
$22,784,399,000 2.21%
Lululemon Athletica inc.
Opened
74,756
$22,329,617,000 2.17%
Digitalbridge Group Inc
60.49%
1,327,291
$18,183,887,000 1.77%
Energy Recovery Inc
25.49%
1,326,609
$17,630,629,000 1.71%
Carmax Inc
7.34%
236,405
$17,337,944,000 1.69%
AES Corp.
46.43%
863,824
$15,177,383,000 1.48%
Visa Inc
25.90%
56,717
$14,886,503,000 1.45%
SBA Communications Corp
6.46%
59,648
$11,708,902,000 1.14%
Bok Finl Corp
1.25%
126,850
$11,624,534,000 1.13%
MPLX LP
5.54%
189,547
$8,072,807,000 0.78%
Energy Transfer LP
0.48%
445,947
$7,233,260,000 0.70%
Enterprise Prods Partners Lp
0.80%
127,618
$3,698,370,000 0.36%
Kinder Morgan Inc
0.79%
148,820
$2,957,053,000 0.29%
Cytosorbents Corp
9.31%
2,970,262
$2,088,094,000 0.20%
Equinix Inc
7.27%
2,741
$2,073,841,000 0.20%
Alphabet Inc
4.56%
10,770
$1,975,510,000 0.19%
Walgreens Boots Alliance Inc
65.03%
145,371
$1,758,262,000 0.17%
Brightspire Capital Inc
0.74%
292,375
$1,666,538,000 0.16%
Atomera Inc
35.14%
426,651
$1,625,540,000 0.16%
American Intl Group Inc
No change
21,280
$1,579,827,000 0.15%
Starwood Ppty Tr Inc
1.66%
70,528
$1,335,800,000 0.13%
Bank America Corp
94.02%
33,465
$1,330,903,000 0.13%
Axos Financial Inc.
Opened
20,790
$1,188,149,000 0.12%
Black Stone Minerals Lp
Opened
73,900
$1,158,013,000 0.11%
Exxon Mobil Corp.
3.39%
8,784
$1,011,209,000 0.10%
Vanguard Index Fds
No change
1,930
$965,251,000 0.09%
Luna Innovations Inc
82.95%
299,080
$957,056,000 0.09%
Gladstone Commercial Corp
21.37%
66,988
$955,919,000 0.09%
OptimizeRx Corp
71.30%
88,260
$882,600,000 0.09%
Dollar Tree Inc
No change
7,941
$847,861,000 0.08%
Newtek Business Svcs Corp
6.17%
60,800
$764,256,000 0.07%
Privia Health Group Inc
23.95%
36,745
$638,628,000 0.06%
Brookfield Corp
No change
15,000
$623,100,000 0.06%
Jpmorgan Chase Co
No change
2,924
$591,408,000 0.06%
Brookfield Infrast Partners
88.54%
18,796
$515,760,000 0.05%
Magnite Inc
No change
35,000
$465,150,000 0.05%
Spdr Gold Trust
No change
2,114
$454,531,000 0.04%
Enovix Corporation
12.25%
28,730
$444,166,000 0.04%
Costco Whsl Corp New
No change
500
$424,995,000 0.04%
Chevron Corp.
Opened
2,695
$421,552,000 0.04%
Procter And Gamble Co
13.01%
2,510
$413,980,000 0.04%
Crown Castle Inc
Opened
4,010
$391,777,000 0.04%
General Electric Co
Opened
2,425
$385,502,000 0.04%
Virginia Natl Bankshares Corp
No change
10,800
$354,240,000 0.03%
Intel Corp.
No change
11,393
$352,841,000 0.03%
Triplepoint Venture Growth B
Closed
33,000
$345,180,000
L3Harris Technologies Inc
0.52%
1,364
$306,302,000 0.03%
Adaptive Biotechnologies Cor
149.84%
76,365
$276,441,000 0.03%
Disney Walt Co
46.44%
2,646
$262,721,000 0.03%
Abbvie Inc
No change
1,462
$250,762,000 0.02%
Walmart Inc
119.32%
3,588
$242,943,000 0.02%
Paccar Inc.
Opened
2,250
$231,615,000 0.02%
Dennys Corp
No change
30,690
$217,899,000 0.02%
Targa Res Corp
Opened
1,602
$206,306,000 0.02%
Novavax, Inc.
Closed
28,460
$206,050,000
City Office REIT Inc
Closed
26,030
$110,628,000
Sirius XM Holdings Inc
Opened
10,000
$28,300,000 0.00%
No transactions found
Showing first 500 out of 68 holdings