Wisconsin Capital Management 13F annual report

Wisconsin Capital Management is an investment fund managing more than $197 billion ran by Bonnie Romani. There are currently 44 companies in Mrs. Romani’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $32.6 billion.

Limited to 30 biggest holdings

$197 billion Assets Under Management (AUM)

As of 25th July 2024, Wisconsin Capital Management’s top holding is 172,023 shares of NVIDIA Corp currently worth over $21.3 billion and making up 10.8% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Wisconsin Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 25,401 shares of Microsoft worth $11.4 billion, whose value grew 3.6% in the past six months. The third-largest holding is Alphabet Inc worth $12.3 billion and the next is Apple Inc worth $9.66 billion, with 45,851 shares owned.

Currently, Wisconsin Capital Management's portfolio is worth at least $197 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 Wisconsin Capital Management

The Wisconsin Capital Management office and employees reside in Madison, Wisconsin. According to the last 13-F report filed with the SEC, Bonnie Romani serves as the CCO at Wisconsin Capital Management.

Recent trades

In the most recent 13F filing, Wisconsin Capital Management revealed that it had opened a new position in Montrose Environmental and bought 48,793 shares worth $2.17 billion. This means they effectively own approximately 0.1% of the company. Montrose Environmental makes up 18.0% of the fund's Industrials sector allocation and has decreased its share price by 16.3% in the past year.

The investment fund also strengthened its position in NVIDIA Corp by buying 153,633 additional shares. This makes their stake in NVIDIA Corp total 172,023 shares worth $21.3 billion. NVIDIA Corp dropped 74.8% in the past year.

On the other hand, there are companies that Wisconsin Capital Management is getting rid of from its portfolio. Wisconsin Capital Management closed its position in Discover Finl Svcs on 1st August 2024. It sold the previously owned 27,590 shares for $3.62 billion. Bonnie Romani also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $11.4 billion and 25,401 shares.

One of the smallest hedge funds

The two most similar investment funds to Wisconsin Capital Management are Register Advisors and Sittner & Nelson. They manage $197 billion and $198 billion respectively.

Bonnie Romani investment strategy

Wisconsin Capital Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Technology — making up 35.3% of the total portfolio value. The fund focuses on investments in the United States as 63.6% 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 55% 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 $262 billion.

The complete list of Wisconsin Capital Management trades based on 13F SEC filings

These positions were updated on August 1st 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
NVIDIA Corp	835.42% 172,023	$21,251,721,000	10.77%
Microsoft Corporation	1.10% 25,401	$11,352,977,000	5.75%
Alphabet Inc	1.00% 67,338	$12,274,202,000	6.22%
Apple Inc	0.92% 45,851	$9,657,138,000	4.89%
Novo-nordisk A S	No change 66,829	$9,539,171,000	4.83%
Visa Inc	0.28% 31,321	$8,220,823,000	4.17%
Mastercard Incorporated	0.23% 18,466	$8,146,461,000	4.13%
MercadoLibre Inc	36.93% 4,535	$7,452,819,000	3.78%
Eli Lilly & Co	1.04% 7,397	$6,697,096,000	3.39%
Amazon.com Inc.	8.48% 32,172	$6,217,239,000	3.15%
Adobe Inc	4.68% 10,189	$5,660,397,000	2.87%
American Express Co.	2.06% 23,757	$5,500,933,000	2.79%
WEX Inc	0.44% 29,272	$5,185,242,000	2.63%
Copart, Inc.	No change 92,528	$5,011,316,000	2.54%
Advanced Micro Devices Inc.	0.65% 30,771	$4,991,364,000	2.53%
Toast, Inc.	10.99% 188,775	$4,864,732,000	2.46%
e.l.f. Beauty Inc	8.59% 22,125	$4,662,180,000	2.36%
VSE Corp.	27.26% 50,650	$4,471,382,000	2.27%
Costco Whsl Corp New	5.48% 5,175	$4,398,698,000	2.23%
Intuitive Surgical Inc	26.05% 9,725	$4,326,166,000	2.19%
Microchip Technology, Inc.	1.69% 46,501	$4,254,842,000	2.16%
Schlumberger Ltd.	No change 88,083	$4,155,756,000	2.11%
Autodesk Inc.	12.55% 16,377	$4,052,489,000	2.05%
Ishares Tr	2.46% 41,919	$4,203,660,000	2.13%
Discover Finl Svcs	Closed 27,590	$3,616,773,000
Phillips 66	No change 25,330	$3,575,836,000	1.81%
Mitek Sys Inc	Closed 250,400	$3,530,640,000
Exxon Mobil Corp.	No change 28,675	$3,301,066,000	1.67%
Fiserv, Inc.	39.72% 21,105	$3,145,489,000	1.59%
Corpay Inc	0.48% 11,497	$3,062,916,000	1.55%
Constellation Brands Inc	45.38% 10,518	$2,706,071,000	1.37%
Montrose Environmental Group, Inc.	Opened 48,793	$2,174,216,000	1.10%
Pepsico Inc	No change 13,010	$2,145,739,000	1.09%
Merck & Co Inc	No change 16,254	$2,012,245,000	1.02%
Emerson Elec Co	No change 15,000	$1,652,400,000	0.84%
Schwab Strategic Tr	No change 42,000	$2,448,600,000	1.24%
Vertex Pharmaceuticals, Inc.	Opened 2,512	$1,177,425,000	0.60%
Synopsys, Inc.	29.00% 1,557	$926,508,000	0.47%
Spdr Ser Tr	3.24% 18,674	$539,118,000	0.27%
Cadence Design System Inc	Opened 1,749	$538,255,000	0.27%
Stryker Corp.	0.70% 1,300	$442,325,000	0.22%
Mobileye Global Inc	Closed 9,328	$299,895,000
Schwab Charles Corp	No change 3,500	$257,915,000	0.13%
Thomson-Reuters Corp	No change 1,435	$241,898,000	0.12%
Tetra Tech, Inc.	No change 1,165	$238,219,000	0.12%
Abbott Labs	No change 2,000	$207,820,000	0.11%
Red Cat Hldgs Inc	No change 20,000	$23,000,000	0.01%
No transactions found
Showing first 500 out of 47 holdings