Davis-rea Ltd 13F annual report
Davis-rea Ltd is an investment fund managing more than $220 billion ran by John O'connell. There are currently 35 companies in Mr. O'connell’s portfolio. The largest investments include Amazon.com and Alphabet Inc, together worth $41 billion.
$220 billion Assets Under Management (AUM)
As of 29th April 2024, Davis-rea Ltd’s top holding is 132,908 shares of Amazon.com currently worth over $24 billion and making up 10.9% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Davis-rea Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 112,789 shares of Alphabet Inc worth $17 billion, whose value grew 28.6% in the past six months.
The third-largest holding is Meta Platforms Inc worth $16.4 billion and the next is Accenture plc worth $15.1 billion, with 43,503 shares owned.
Currently, Davis-rea Ltd's portfolio is worth at least $220 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 Davis-rea Ltd
The Davis-rea Ltd office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, John O'connell serves as the CEO at Davis-rea Ltd.
Recent trades
In the most recent 13F filing, Davis-rea Ltd revealed that it had opened a new position in
Ishares 20 Yr Treas Bond Fund and bought 142,005 shares worth $13.4 billion.
The investment fund also strengthened its position in Amazon.com by buying
2,917 additional shares.
This makes their stake in Amazon.com total 132,908 shares worth $24 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Davis-rea Ltd is getting rid of from its portfolio.
Davis-rea Ltd closed its position in Cboe Global Markets on 6th May 2024.
It sold the previously owned 35,000 shares for $6.25 billion.
John O'connell also disclosed a decreased stake in Meta Platforms Inc by 0.3%.
This leaves the value of the investment at $16.4 billion and 33,700 shares.
One of the smallest hedge funds
The two most similar investment funds to Davis-rea Ltd are Signature Wealth Management and Elevatus Welath Management. They manage $220 billion and $219 billion respectively.
John O'connell investment strategy
Davis-rea Ltd’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 36.8% of
the total portfolio value.
The fund focuses on investments in the United States as
51.4% 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 5.7% of the portfolio.
The average market cap of the portfolio companies is close to $276 billion.
The complete list of Davis-rea Ltd trades based on 13F SEC filings
These positions were updated on May 6th 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 |
|---|---|---|---|
| Amazon.com Inc. |
2.24%
132,908
|
$23,973,945,000 | 10.92% |
| Alphabet Inc |
13.37%
112,789
|
$17,023,244,000 | 7.75% |
| Meta Platforms Inc |
25.74%
33,700
|
$16,364,046,000 | 7.45% |
| Accenture plc |
87.90%
43,503
|
$15,078,575,000 | 6.87% |
| Microsoft Corporation |
20.18%
35,071
|
$14,755,071,000 | 6.72% |
| Ishares 20 Yr Treas Bond Fund |
Opened
142,005
|
$13,436,513,000 | 6.12% |
| Stryker Corp. |
4.17%
34,936
|
$12,530,508,000 | 5.71% |
| Bank Of America Corp. |
41.00%
328,835
|
$12,469,423,000 | 5.68% |
| Thermo Fisher Scientific Inc. |
2.15%
19,433
|
$11,302,267,000 | 5.15% |
| Unitedhealth Group Inc |
103.17%
20,278
|
$10,031,527,000 | 4.57% |
| Synopsys, Inc. |
2.17%
15,747
|
$8,999,411,000 | 4.10% |
| Cloudflare Inc |
Opened
87,087
|
$8,432,634,000 | 3.84% |
| Mcdonald's Corp |
1.27%
29,211
|
$8,236,041,000 | 3.75% |
| PNC Financial Services Group Inc |
15.06%
44,372
|
$7,170,515,000 | 3.27% |
| Rockwell Automation Inc |
19.21%
23,379
|
$6,811,004,000 | 3.10% |
| Cboe Global Markets Inc. |
Closed
35,000
|
$6,249,600,000 | |
| First Horizon Corporation |
Closed
415,405
|
$5,944,446,000 | |
| Danaher Corp. |
3.12%
22,536
|
$5,633,775,000 | 2.57% |
| Apple Inc |
Closed
20,671
|
$3,979,788,000 | |
| JPMorgan Chase & Co. |
46.69%
19,022
|
$3,810,107,000 | 1.73% |
| Morgan Stanley |
Opened
40,300
|
$3,794,648,000 | 1.73% |
| Toronto Dominion Bank |
36.22%
60,183
|
$3,634,863,000 | 1.66% |
| Cintas Corporation |
14.48%
5,174
|
$3,554,693,000 | 1.62% |
| Royal Bank Of Canada |
17.89%
27,957
|
$2,821,807,000 | 1.28% |
| Brookfield Infrastructure Partners Lp |
13.41%
75,417
|
$2,353,765,000 | 1.07% |
| Brookfield Corporation Cl-a Lvs |
54.06%
28,048
|
$1,174,515,000 | 0.53% |
| Pepsico Inc |
3.28%
5,989
|
$1,055,836,000 | 0.48% |
| Fortis Inc. |
19.94%
24,435
|
$966,174,000 | 0.44% |
| Enbridge Inc |
44.67%
21,524
|
$778,400,000 | 0.35% |
| Home Depot, Inc. |
34.53%
1,773
|
$680,123,000 | 0.31% |
| Bank of Montreal |
30.92%
6,586
|
$643,494,000 | 0.29% |
| Bank Of Nova Scotia |
32.99%
11,885
|
$615,259,000 | 0.28% |
| Shopify Inc Cl-a Svs |
1.58%
7,150
|
$552,013,000 | 0.25% |
| Brookfield Infrastructure Corporation |
42.53%
9,017
|
$325,066,000 | 0.15% |
| Berkshire Hathaway-b Inc |
No change
590
|
$248,107,000 | 0.11% |
| Alphabet Inc |
9.27%
1,420
|
$216,209,000 | 0.10% |
| Pembina Pipeline Corporation |
Closed
6,102
|
$210,759,000 | |
| Baytex Energy Corp |
1.25%
19,780
|
$71,789,000 | 0.03% |
| Algonquin Power & Utilities Corp |
No change
10,929
|
$70,302,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 39 holdings | |||
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