Banta Asset Management L.P. 13F annual report

Banta Asset Management L.P. is an investment fund managing more than $59.7 billion ran by Stephen Banta. There are currently 11 companies in Mr. Banta’s portfolio. The largest investments include Vanguard Index Fds and Apple Inc, together worth $29 billion.

$59.7 billion Assets Under Management (AUM)

As of 4th January 2024, Banta Asset Management L.P.’s top holding is 48,492 shares of Vanguard Index Fds currently worth over $21.2 billion and making up 35.5% of the portfolio value. In addition, the fund holds 40,574 shares of Apple Inc worth $7.81 billion, whose value fell 1.0% in the past six months. The third-largest holding is Veritone Inc worth $4.42 billion and the next is Invesco Exch Trd Slf Idx Fd worth $20.4 billion, with 906,650 shares owned.

Currently, Banta Asset Management L.P.'s portfolio is worth at least $59.7 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 Banta Asset Management L.P.

The Banta Asset Management L.P. office and employees reside in Newport Beach, California. According to the last 13-F report filed with the SEC, Stephen Banta serves as the PARTNER at Banta Asset Management L.P..

Recent trades

In the most recent 13F filing, Banta Asset Management L.P. revealed that it had opened a new position in Costco Whsl Corp New and bought 325 shares worth $215 million.

The investment fund also strengthened its position in Invesco Exch Trd Slf Idx Fd by buying 1,300 additional shares. This makes their stake in Invesco Exch Trd Slf Idx Fd total 906,650 shares worth $20.4 billion.

On the other hand, there are companies that Banta Asset Management L.P. is getting rid of from its portfolio. Banta Asset Management L.P. closed its position in Invesco Exch Trd Slf Idx Fd on 11th January 2024. It sold the previously owned 14,300 shares for $336 million. Stephen Banta also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%. This leaves the value of the investment at $21.2 billion and 48,492 shares.

One of the smallest hedge funds

The two most similar investment funds to Banta Asset Management L.P. are Rosenbaum Jay D and Social Capital. They manage $59.7 billion and $59.5 billion respectively.

Stephen Banta investment strategy

Banta Asset Management L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 13.8% of the total portfolio value. The fund focuses on investments in the United States as 45.5% 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 36% 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 $933 billion.

The complete list of Banta Asset Management L.P. trades based on 13F SEC filings

These positions were updated on January 11th 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
Vanguard Index Fds	2.47% 48,492	$21,181,306,000	35.51%
Apple Inc	2.66% 40,574	$7,811,712,000	13.10%
Veritone Inc	2.85% 2,441,846	$4,419,741,000	7.41%
Invesco Exch Trd Slf Idx Fd	0.14% 906,650	$20,447,644,000	34.28%
Spdr Sp 500 Etf Tr	3.24% 3,465	$1,646,949,000	2.76%
Spdr Dow Jones Indl Average	12.75% 2,757	$1,039,031,000	1.74%
Ishares Tr	6.50% 38,105	$1,754,214,000	2.94%
Microsoft Corporation	No change 1,916	$720,493,000	1.21%
Invesco Exch Trd Slf Idx Fd	Closed 14,300	$336,122,000
Costco Whsl Corp New	Opened 325	$214,526,000	0.36%
Tesla Inc	Opened 845	$209,966,000	0.35%
Home Depot, Inc.	Opened 590	$204,465,000	0.34%
No transactions found
Showing first 500 out of 12 holdings