Act Two Investors is an investment fund managing more than $505 billion ran by Jeffrey Scharf. There are currently 46 companies in Mr. Scharf’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $129 billion.
As of 5th August 2024, Act Two Investors’s top holding is 151,788 shares of Microsoft currently worth over $67.8 billion and making up 13.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Act Two Investors owns more than approximately 0.1% of the company.
In addition, the fund holds 331,694 shares of Alphabet Inc worth $60.8 billion, whose value grew 11.2% in the past six months.
The third-largest holding is Amazon.com worth $38.4 billion and the next is Nxp Semiconductors N V worth $38.4 billion, with 142,590 shares owned.
Currently, Act Two Investors's portfolio is worth at least $505 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.
The Act Two Investors office and employees reside in Santa Cruz, California. According to the last 13-F report filed with the SEC, Jeffrey Scharf serves as the Manager at Act Two Investors.
In the most recent 13F filing, Act Two Investors revealed that it had opened a new position in
Schwab Strategic Tr and bought 165,076 shares worth $8.05 billion.
The investment fund also strengthened its position in Microsoft by buying
378 additional shares.
This makes their stake in Microsoft total 151,788 shares worth $67.8 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Act Two Investors is getting rid of from its portfolio.
Act Two Investors closed its position in Schwab Strategic Tr on 12th August 2024.
It sold the previously owned 122,781 shares for $5.92 billion.
Jeffrey Scharf also disclosed a decreased stake in Nxp Semiconductors N V by approximately 0.1%.
This leaves the value of the investment at $38.4 billion and 142,590 shares.
The two most similar investment funds to Act Two Investors are 49 Wealth Management and Deltec Asset Management. They manage $505 billion and $506 billion respectively.
Act Two Investors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 26.2% of
the total portfolio value.
The fund focuses on investments in the United States as
56.5% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $320 billion.
These positions were updated on August 12th 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 |
0.25%
151,788
|
$67,841,459,000 | 13.43% |
| Alphabet Inc |
1.22%
331,694
|
$60,813,013,000 | 12.04% |
| Amazon.com Inc. |
1.91%
198,925
|
$38,442,256,000 | 7.61% |
| Nxp Semiconductors N V |
3.46%
142,590
|
$38,369,543,000 | 7.60% |
| T-Mobile US, Inc. |
2.60%
215,619
|
$37,987,755,000 | 7.52% |
| Unitedhealth Group Inc |
7.21%
65,698
|
$33,457,294,000 | 6.62% |
| Visa Inc |
3.29%
103,292
|
$27,111,135,000 | 5.37% |
| Astrazeneca plc |
5.44%
319,957
|
$24,953,446,000 | 4.94% |
| Northrop Grumman Corp. |
3.22%
53,319
|
$23,244,418,000 | 4.60% |
| Apple Inc |
0.76%
94,274
|
$19,855,974,000 | 3.93% |
| Genuine Parts Co. |
18.61%
141,985
|
$19,639,365,000 | 3.89% |
| Ishares Tr |
11.94%
184,380
|
$17,267,187,000 | 3.42% |
| Vanguard Bd Index Fds |
7.33%
227,410
|
$16,384,891,000 | 3.24% |
| Vanguard Scottsdale Fds |
64.80%
142,562
|
$8,222,976,000 | 1.63% |
| Schwab Strategic Tr |
Opened
165,076
|
$8,050,757,000 | 1.59% |
| Blackstone Inc |
No change
51,196
|
$6,338,065,000 | 1.25% |
| Schwab Strategic Tr |
Closed
122,781
|
$5,919,288,000 | |
| Stryker Corp. |
3.39%
17,003
|
$5,785,384,000 | 1.15% |
| JPMorgan Chase & Co. |
No change
28,332
|
$5,730,430,000 | 1.13% |
| Mckesson Corporation |
11.69%
9,017
|
$5,266,289,000 | 1.04% |
| Ge Healthcare Technologies I |
904.32%
50,226
|
$3,913,610,000 | 0.77% |
| Canadian Natl Ry Co |
No change
33,020
|
$3,900,653,000 | 0.77% |
| Enbridge Inc |
54.09%
105,589
|
$3,757,913,000 | 0.74% |
| Thermo Fisher Scientific Inc. |
No change
6,710
|
$3,710,630,000 | 0.73% |
| Schwab Charles Corp |
82.32%
46,958
|
$3,460,335,000 | 0.68% |
| Canadian Pacific Kansas City |
No change
39,837
|
$3,136,367,000 | 0.62% |
| Sysco Corp. |
Opened
36,927
|
$2,636,219,000 | 0.52% |
| Berkshire Hathaway Inc. |
27.41%
4,815
|
$1,958,742,000 | 0.39% |
| Meta Platforms Inc |
No change
3,640
|
$1,835,361,000 | 0.36% |
| Mcdonalds Corp |
No change
6,720
|
$1,712,525,000 | 0.34% |
| Oracle Corp. |
40.36%
8,764
|
$1,237,477,000 | 0.24% |
| SLM Corp. |
No change
58,014
|
$1,206,111,000 | 0.24% |
| Starbucks Corp. |
Closed
12,155
|
$1,110,845,000 | |
| Prudential Finl Inc |
No change
8,269
|
$969,044,000 | 0.19% |
| Booking Holdings Inc |
25.17%
189
|
$748,724,000 | 0.15% |
| Select Sector Spdr Tr |
31.79%
21,634
|
$1,496,042,000 | 0.30% |
| Aon plc. |
9.95%
2,121
|
$622,683,000 | 0.12% |
| Taiwan Semiconductor Mfg Ltd |
No change
3,180
|
$552,716,000 | 0.11% |
| Johnson & Johnson |
9.41%
3,176
|
$464,204,000 | 0.09% |
| Motorola Solutions Inc |
No change
1,090
|
$420,795,000 | 0.08% |
| NVIDIA Corp |
900.00%
3,310
|
$408,917,000 | 0.08% |
| East West Bancorp, Inc. |
No change
5,270
|
$385,922,000 | 0.08% |
| American Express Co. |
No change
1,645
|
$380,900,000 | 0.08% |
| Vanguard Index Fds |
Opened
1,318
|
$352,556,000 | 0.07% |
| Dollar Gen Corp New |
No change
2,483
|
$328,327,000 | 0.06% |
| Markel Group Inc |
Opened
182
|
$286,770,000 | 0.06% |
| Willis Towers Watson Plc Ltd |
No change
1,029
|
$269,742,000 | 0.05% |
| Fiserv, Inc. |
Opened
1,795
|
$267,527,000 | 0.05% |
| Select Sector Spdr Tr |
Closed
4,597
|
$498,235,000 | |
| No transactions found | |||
| Showing first 500 out of 49 holdings | |||