Monte 13F annual report
Monte is an investment fund managing more than $226 billion ran by Robert Monte. There are currently 81 companies in Mr. Monte’s portfolio. The largest investments include Comcast Corp New Cl A and Wells Fargo Co New Com, together worth $15.4 billion.
$226 billion Assets Under Management (AUM)
As of 15th July 2024, Monte’s top holding is 203,855 shares of Comcast Corp New Cl A currently worth over $7.98 billion and making up 3.5% of the portfolio value.
In addition, the fund holds 124,707 shares of Wells Fargo Co New Com worth $7.41 billion.
The third-largest holding is Rtx Corporation Com worth $6.85 billion and the next is Texas Instrs Inc Com worth $6.39 billion, with 32,831 shares owned.
Currently, Monte's portfolio is worth at least $226 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 Monte
The Monte office and employees reside in Guilford, Connecticut. According to the last 13-F report filed with the SEC, Robert Monte serves as the Managing Member at Monte.
Recent trades
In the most recent 13F filing, Monte revealed that it had opened a new position in
Vartis Ag Sponsored Adr and bought 37,999 shares worth $4.05 billion.
The investment fund also strengthened its position in Comcast Corp New Cl A by buying
14,096 additional shares.
This makes their stake in Comcast Corp New Cl A total 203,855 shares worth $7.98 billion.
On the other hand, there are companies that Monte is getting rid of from its portfolio.
Monte closed its position in Intel Corp Com on 22nd July 2024.
It sold the previously owned 118,731 shares for $5.97 billion.
Robert Monte also disclosed a decreased stake in Wells Fargo Co New Com by 0.2%.
This leaves the value of the investment at $7.41 billion and 124,707 shares.
One of the smallest hedge funds
The two most similar investment funds to Monte are Financial Consulate, Inc and Greenhaven Road Investment Management, L.P.. They manage $226 billion and $227 billion respectively.
Robert Monte investment strategy
Monte’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 6.7% of
the total portfolio value.
The fund focuses on investments in the United States as
25.9% 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
26% 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 $255 billion.
The complete list of Monte trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Comcast Corp New Cl A |
7.43%
203,855
|
$7,982,972,000 | 3.52% |
| Wells Fargo Co New Com |
15.77%
124,707
|
$7,406,350,000 | 3.27% |
| Rtx Corporation Com |
2.04%
68,234
|
$6,849,973,000 | 3.02% |
| Texas Instrs Inc Com |
3.32%
32,831
|
$6,386,591,000 | 2.82% |
| Home Depot, Inc. |
7.36%
18,358
|
$6,319,577,000 | 2.79% |
| Garmin Ltd Shs |
20.20%
38,531
|
$6,277,516,000 | 2.77% |
| Corning, Inc. |
0.75%
159,770
|
$6,207,072,000 | 2.74% |
| Target Corp Com |
12.84%
41,551
|
$6,151,227,000 | 2.72% |
| Intel Corp Com |
Closed
118,731
|
$5,966,253,000 | |
| Hershey Co Com |
100.29%
32,118
|
$5,904,172,000 | 2.61% |
| Dell Techlogies Inc Cl C |
50.18%
42,674
|
$5,885,157,000 | 2.60% |
| Merck & Co Inc |
0.28%
47,266
|
$5,851,552,000 | 2.58% |
| Abbott Labs Com |
3.33%
55,245
|
$5,740,494,000 | 2.53% |
| Pfizer Inc. |
22.54%
201,861
|
$5,648,058,000 | 2.49% |
| Chevron Corp New Com |
2.88%
35,682
|
$5,581,409,000 | 2.46% |
| Campbell Soup Co Com |
3.70%
118,762
|
$5,366,858,000 | 2.37% |
| Eog Res Inc Com |
54.39%
41,962
|
$5,281,729,000 | 2.33% |
| Johnson & Johnson Com |
19.86%
35,957
|
$5,255,479,000 | 2.32% |
| Watsco, Inc. |
7.12%
11,264
|
$5,217,943,000 | 2.30% |
| Omnicom Group, Inc. |
177.84%
58,046
|
$5,206,726,000 | 2.30% |
| Hartford Finl Svcs Group Inc Com |
22.23%
51,346
|
$5,162,322,000 | 2.28% |
| Cisco Sys Inc Com |
4.68%
105,430
|
$5,008,987,000 | 2.21% |
| Regions Financial Corp New Com |
5.09%
247,907
|
$4,968,063,000 | 2.19% |
| Stanley Black & Decker Inc Com |
7.26%
61,665
|
$4,926,447,000 | 2.18% |
| Eaton Corp Plc Shs |
25.11%
15,434
|
$4,839,434,000 | 2.14% |
| Air Prods & Chems Inc Com |
19.81%
18,306
|
$4,723,814,000 | 2.09% |
| Price T Rowe Group Inc Com |
2.30%
40,733
|
$4,696,868,000 | 2.07% |
| M & T Bk Corp Com |
2.09%
30,698
|
$4,646,520,000 | 2.05% |
| Vartis Ag Sponsored Adr |
Opened
37,999
|
$4,045,374,000 | 1.79% |
| Automatic Data Processing Inc. |
3.21%
16,461
|
$3,928,974,000 | 1.73% |
| International Paper Co Com |
39.94%
89,569
|
$3,864,895,000 | 1.71% |
| Microsoft Corp Com |
9.59%
8,200
|
$3,664,782,000 | 1.62% |
| Kimberly-clark Corp Com |
Opened
26,503
|
$3,662,715,000 | 1.62% |
| CME Group Inc |
0.59%
17,619
|
$3,463,907,000 | 1.53% |
| Ppg Inds Inc Com |
18.98%
26,710
|
$3,362,516,000 | 1.48% |
| Unitedhealth Group Inc |
3.07%
4,870
|
$2,480,013,000 | 1.09% |
| Apple Inc |
1.12%
11,403
|
$2,401,637,000 | 1.06% |
| Astrazeneca Plc Sponsored Adr |
Opened
24,795
|
$1,933,762,000 | 0.85% |
| Jpmorgan Chase & Co. Com |
No change
8,198
|
$1,658,127,000 | 0.73% |
| American Express Co Com |
1.06%
7,000
|
$1,620,805,000 | 0.72% |
| Amphel Corp New Cl A |
80.88%
22,727
|
$1,531,117,000 | 0.68% |
| Nvidia Corporation Com |
551.71%
11,594
|
$1,432,285,000 | 0.63% |
| Visa Inc |
1.80%
5,412
|
$1,420,415,000 | 0.63% |
| Southern Co Com |
0.33%
18,065
|
$1,401,302,000 | 0.62% |
| Alphabet Inc Cap Stk Cl A |
32.31%
7,519
|
$1,369,638,000 | 0.60% |
| Kla Corp Com New |
8.13%
1,661
|
$1,369,300,000 | 0.60% |
| Chubb Limited Com |
2.36%
5,163
|
$1,316,902,000 | 0.58% |
| Deckers Outdoor Corp Com |
24.16%
1,350
|
$1,306,733,000 | 0.58% |
| Rockwell Automation Inc |
Closed
4,172
|
$1,295,380,000 | |
| Parker-hannifin Corp Com |
12.07%
2,521
|
$1,274,955,000 | 0.56% |
| Te Connectivity Ltd Shs |
0.89%
8,472
|
$1,274,424,000 | 0.56% |
| Moodys Corp Com |
1.21%
2,928
|
$1,232,358,000 | 0.54% |
| Generac Hldgs Inc Com |
3.98%
9,259
|
$1,224,225,000 | 0.54% |
| Thermo Fisher Scientific Inc. |
4.31%
2,155
|
$1,191,855,000 | 0.53% |
| Trane Techlogies Plc Shs |
12.95%
3,562
|
$1,171,620,000 | 0.52% |
| Avery Dennison Corp Com |
2.90%
5,323
|
$1,163,894,000 | 0.51% |
| Tjx Cos Inc New Com |
2.96%
10,484
|
$1,154,319,000 | 0.51% |
| Ametek Inc |
1.17%
6,815
|
$1,136,140,000 | 0.50% |
| Linde Plc Shs |
0.34%
2,318
|
$1,017,334,000 | 0.45% |
| Stryker Corporation Com |
3.56%
2,968
|
$1,009,882,000 | 0.45% |
| Ulta Beauty Inc |
31.31%
2,613
|
$1,008,278,000 | 0.45% |
| TREX Co., Inc. |
7.98%
11,944
|
$885,289,000 | 0.39% |
| Invesco S&p 500 Equal Weight Etf |
10.09%
5,269
|
$865,591,000 | 0.38% |
| International Business Machs Com |
9.65%
4,924
|
$851,649,000 | 0.38% |
| Oreilly Automotive Inc Com |
9.92%
787
|
$831,119,000 | 0.37% |
| Lululemon Athletica inc. |
Opened
2,587
|
$772,737,000 | 0.34% |
| Consolidated Edison, Inc. |
No change
8,269
|
$739,414,000 | 0.33% |
| Brown & Brown, Inc. |
Opened
8,055
|
$720,198,000 | 0.32% |
| West Pharmaceutical Svsc Inc Com |
9.61%
2,042
|
$672,698,000 | 0.30% |
| Meta Platforms Inc |
47.54%
1,257
|
$633,805,000 | 0.28% |
| Exxon Mobil Corp Com |
No change
5,494
|
$632,469,000 | 0.28% |
| Ge Aerospace Com New |
2.29%
3,714
|
$590,415,000 | 0.26% |
| Ishares Core S&p 500 Etf |
17.17%
1,044
|
$571,308,000 | 0.25% |
| Ishares Msci Eafe Etf |
No change
6,881
|
$538,989,000 | 0.24% |
| Verizon Communications Inc |
Closed
11,375
|
$428,853,000 | |
| Caterpillar Inc. |
91.88%
1,276
|
$425,119,000 | 0.19% |
| Alphabet Inc Cap Stk Cl C |
7.13%
2,085
|
$382,431,000 | 0.17% |
| Tesla Inc |
11.40%
1,700
|
$336,396,000 | 0.15% |
| Amazon.com Inc. |
9.24%
1,699
|
$328,332,000 | 0.14% |
| Emerson Elec Co Com |
Closed
2,917
|
$283,926,000 | |
| Ishares Russell Midcap Etf |
Closed
3,649
|
$283,637,000 | |
| Roper Techlogies Inc Com |
10.38%
475
|
$267,739,000 | 0.12% |
| Travelers Companies Inc. |
Closed
1,329
|
$253,161,000 | |
| Ishares Russell 2000 Etf |
Closed
1,201
|
$241,053,000 | |
| Boeing Co Com |
10.46%
1,284
|
$233,701,000 | 0.10% |
| Deere & Co Com |
0.52%
575
|
$214,837,000 | 0.09% |
| Disney Walt Co Com |
Opened
2,154
|
$213,871,000 | 0.09% |
| Dover Corp Com |
32.79%
1,119
|
$201,924,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
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