Providence Capital Advisors 13F annual report

Providence Capital Advisors is an investment fund managing more than $459 billion ran by Thomas Searson. There are currently 271 companies in Mr. Searson’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $33.5 billion.

$459 billion Assets Under Management (AUM)

As of 7th August 2024, Providence Capital Advisors’s top holding is 37,606 shares of Microsoft currently worth over $16.8 billion and making up 3.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Providence Capital Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 91,038 shares of Alphabet Inc worth $16.7 billion, whose value grew 12.8% in the past six months. The third-largest holding is Amazon.com worth $14.6 billion and the next is Apple Inc worth $14.1 billion, with 66,828 shares owned.

Currently, Providence Capital Advisors's portfolio is worth at least $459 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 Providence Capital Advisors

The Providence Capital Advisors office and employees reside in Charlotte, North Carolina. According to the last 13-F report filed with the SEC, Thomas Searson serves as the Chief Investment Officer at Providence Capital Advisors.

Recent trades

In the most recent 13F filing, Providence Capital Advisors revealed that it had opened a new position in Tyson Foods and bought 101,100 shares worth $5.78 billion. This means they effectively own approximately 0.1% of the company. Tyson Foods makes up 38.5% of the fund's Consumer Staples sector allocation and has grown its share price by 12.4% in the past year.

The investment fund also strengthened its position in Microsoft by buying 29 additional shares. This makes their stake in Microsoft total 37,606 shares worth $16.8 billion. Microsoft soared 27.8% in the past year.

On the other hand, there are companies that Providence Capital Advisors is getting rid of from its portfolio. Providence Capital Advisors closed its position in Netapp Inc on 14th August 2024. It sold the previously owned 63,100 shares for $6.62 billion. Thomas Searson also disclosed a decreased stake in Apple Inc by 0.3%. This leaves the value of the investment at $14.1 billion and 66,828 shares.

One of the average hedge funds

The two most similar investment funds to Providence Capital Advisors are Rowlandmiller & Partners.adv and Euclidean Capital. They manage $459 billion and $458 billion respectively.


Thomas Searson investment strategy

Providence Capital Advisors’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 16.1% of the total portfolio value. The fund focuses on investments in the United States as 53.1% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 1.5% of the portfolio. The average market cap of the portfolio companies is close to $119 billion.

The complete list of Providence Capital Advisors trades based on 13F SEC filings

These positions were updated on August 14th 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
0.08%
37,606
$16,808,426,000 3.67%
Alphabet Inc
51.78%
91,038
$16,693,662,000 3.64%
Amazon.com Inc.
68.87%
75,373
$14,566,003,000 3.18%
Apple Inc
31.13%
66,828
$14,075,351,000 3.07%
Ishares Tr
1.65%
428,440
$46,196,412,000 10.07%
Bank America Corp
0.70%
251,780
$10,013,310,000 2.18%
NVIDIA Corp
767.59%
74,248
$9,172,702,000 2.00%
Jpmorgan Chase Co.
0.79%
41,878
$8,470,354,000 1.85%
Adobe Inc
38.80%
15,222
$8,456,430,000 1.84%
Booz Allen Hamilton Hldg Cor
0.90%
54,221
$8,344,612,000 1.82%
Cisco Sys Inc
6.64%
173,685
$8,251,814,000 1.80%
Prologis Inc
40.66%
65,889
$7,400,054,000 1.61%
Home Depot, Inc.
0.57%
21,396
$7,365,542,000 1.61%
Linde Plc.
0.81%
16,728
$7,340,414,000 1.60%
Oracle Corp.
4.18%
49,800
$7,031,760,000 1.53%
Nxp Semiconductors N V
0.82%
25,779
$6,937,010,000 1.51%
Netapp Inc
Closed
63,100
$6,623,607,000
AES Corp.
0.85%
368,036
$6,466,393,000 1.41%
Abbott Labs
0.77%
61,846
$6,426,478,000 1.40%
Grocery Outlet Hldg Corp
80.90%
285,803
$6,321,973,000 1.38%
Xylem Inc
0.77%
46,378
$6,290,251,000 1.37%
Hershey Company
1.00%
33,754
$6,204,998,000 1.35%
Disney Walt Co
1.17%
61,919
$6,148,017,000 1.34%
Electronic Arts, Inc.
0.46%
43,315
$6,035,079,000 1.32%
Johnson Johnson
12.36%
40,909
$5,979,259,000 1.30%
Eaton Corp Plc
21.86%
18,968
$5,947,652,000 1.30%
CSX Corp.
2,182.94%
175,033
$5,854,854,000 1.28%
MetLife, Inc.
2.97%
83,096
$5,832,508,000 1.27%
Schlumberger Ltd.
0.65%
122,997
$5,802,998,000 1.27%
Quest Diagnostics, Inc.
Closed
43,509
$5,791,483,000
Thermo Fisher Scientific Inc.
0.99%
10,456
$5,782,297,000 1.26%
Tyson Foods, Inc.
Opened
101,100
$5,776,854,000 1.26%
Brookfield Corp
0.88%
137,811
$5,724,691,000 1.25%
Morgan Stanley
Closed
60,400
$5,687,264,000
Microchip Technology, Inc.
Opened
61,800
$5,654,700,000 1.23%
Comcast Corp New
13.03%
143,172
$5,606,616,000 1.22%
Conocophillips
Opened
48,200
$5,513,116,000 1.20%
Medtronic Plc
411,764.71%
70,017
$5,511,038,000 1.20%
CIENA Corp.
1.08%
114,047
$5,494,784,000 1.20%
Pnc Finl Svcs Group Inc
Opened
34,600
$5,379,608,000 1.17%
Zimmer Biomet Holdings Inc
540,000.00%
48,609
$5,275,535,000 1.15%
Deere Co
1.13%
14,046
$5,248,007,000 1.14%
Zebra Technologies Corporati
0.83%
16,971
$5,242,851,000 1.14%
Starbucks Corp.
9.39%
62,930
$4,899,171,000 1.07%
Aptiv PLC
0.83%
65,657
$4,623,566,000 1.01%
IQVIA Holdings Inc
60.63%
21,767
$4,602,414,000 1.00%
Nike, Inc.
No change
60,913
$4,591,013,000 1.00%
Becton Dickinson Co
0.79%
18,524
$4,329,427,000 0.94%
Columbus Mckinnon Corp N Y
0.84%
112,595
$3,889,043,000 0.85%
Novartis AG
1.18%
35,533
$3,782,937,000 0.82%
Duke Energy Corp.
1.10%
37,452
$3,753,815,000 0.82%
American Elec Pwr Co Inc
1.48%
40,782
$3,578,294,000 0.78%
Advanced Micro Devices Inc.
0.24%
21,945
$3,559,810,000 0.78%
Att Inc
1.72%
182,140
$3,480,705,000 0.76%
Lyondellbasell Industries N
1.65%
35,508
$3,396,695,000 0.74%
Verizon Communications Inc
1.59%
78,212
$3,225,480,000 0.70%
Prudential Finl Inc
1.40%
27,407
$3,211,884,000 0.70%
Us Bancorp Del
1.30%
80,346
$3,189,765,000 0.70%
Pfizer Inc.
1.67%
113,143
$3,165,742,000 0.69%
Ares Capital Corp
1.44%
151,196
$3,150,925,000 0.69%
The Southern Co.
1.45%
40,535
$3,144,300,000 0.69%
Old Rep Intl Corp
1.44%
98,120
$3,031,927,000 0.66%
International Business Machs
0.96%
17,204
$2,975,464,000 0.65%
Chevron Corp.
1.57%
18,614
$2,911,635,000 0.63%
Coca-Cola Co
1.26%
43,807
$2,788,368,000 0.61%
United Parcel Service, Inc.
2.02%
20,198
$2,764,188,000 0.60%
Abbvie Inc
1.06%
16,101
$2,761,735,000 0.60%
Sanofi
1.54%
54,399
$2,639,439,000 0.58%
Spdr Ser Tr
1.21%
92,270
$2,906,013,000 0.63%
General Mls Inc
1.45%
38,264
$2,420,581,000 0.53%
Whirlpool Corp.
1.44%
22,849
$2,335,168,000 0.51%
Crown Castle Inc
1.55%
22,235
$2,172,411,000 0.47%
Bristol-Myers Squibb Co.
1.56%
51,983
$2,158,882,000 0.47%
Williams Cos Inc
0.23%
49,025
$2,083,563,000 0.45%
Vanguard Index Fds
2.46%
7,759
$2,515,790,000 0.55%
Merck Co Inc
4.26%
10,369
$1,283,682,000 0.28%
Avidxchange Holdings Inc
No change
80,237
$967,658,000 0.21%
Ishares Inc
0.26%
17,430
$933,823,000 0.20%
Spdr Sp 500 Etf Tr
1.76%
1,680
$914,773,000 0.20%
Select Sector Spdr Tr
2.41%
27,575
$2,742,681,000 0.60%
Wells Fargo Co New
90.38%
10,939
$649,721,000 0.14%
Procter And Gamble Co
0.26%
3,921
$646,651,000 0.14%
Republic Svcs Inc
No change
2,899
$563,392,000 0.12%
GE Aerospace
No change
3,393
$539,385,000 0.12%
Q2 Holdings Inc
Opened
8,333
$502,730,000 0.11%
Dimensional Etf Trust
No change
20,447
$673,583,000 0.15%
Eli Lilly Co
1.45%
490
$443,636,000 0.10%
Spdr Ser Tr
Closed
4,017
$368,761,000
Berkshire Hathaway Inc.
1.83%
859
$349,441,000 0.08%
Vanguard Tax-managed Fds
0.44%
5,868
$289,997,000 0.06%
Pulte Group Inc
No change
2,467
$271,617,000 0.06%
Costco Whsl Corp New
No change
293
$249,047,000 0.05%
Illinois Tool Wks Inc
No change
966
$228,903,000 0.05%
Broadcom Inc
7.09%
136
$218,352,000 0.05%
Schwab Strategic Tr
No change
6,004
$396,480,000 0.09%
American Express Co.
No change
770
$178,294,000 0.04%
Visa Inc
1.21%
652
$171,241,000 0.04%
Vanguard World Fd
16.88%
374
$184,858,000 0.04%
Ge Vernova Inc
Opened
847
$145,269,000 0.03%
Lowes Cos Inc
106.01%
651
$143,519,000 0.03%
Pepsico Inc
0.49%
820
$135,243,000 0.03%
Ishares Tr
Closed
1,248
$125,686,000
Fidelity Covington Trust
No change
2,487
$147,715,000 0.03%
J P Morgan Exchange Traded F
Closed
1,996
$115,489,000
Alps Etf Tr
No change
2,100
$104,238,000 0.02%
Meta Platforms Inc
No change
201
$101,452,000 0.02%
Mastercard Incorporated
No change
222
$97,938,000 0.02%
Exxon Mobil Corp.
98.44%
830
$95,550,000 0.02%
Caterpillar Inc.
5.31%
258
$85,940,000 0.02%
Norfolk Southn Corp
No change
400
$85,876,000 0.02%
Vanguard Index Fds
Opened
532
$96,651,000 0.02%
Walmart Inc
18.40%
1,224
$82,877,000 0.02%
Proshares Tr
No change
1,248
$77,413,000 0.02%
Arista Networks Inc
No change
218
$76,405,000 0.02%
Blackrock Inc.
4.30%
97
$76,370,000 0.02%
Invesco Exchange Traded Fd T
18.40%
2,259
$152,382,000 0.03%
First Tr Exchange Traded Fd
No change
705
$73,687,000 0.02%
Truist Finl Corp
No change
1,857
$72,144,000 0.02%
Halliburton Co.
No change
2,125
$71,783,000 0.02%
Blackstone Inc
0.35%
575
$71,282,000 0.02%
KLA Corp.
No change
85
$70,083,000 0.02%
Listed Fd Tr
0.44%
3,889
$131,888,000 0.03%
Ge Healthcare Technologies I
No change
884
$68,881,000 0.02%
Global X Fds
33.20%
1,630
$65,901,000 0.01%
Invesco Exch Traded Fd Tr Ii
No change
1,008
$65,470,000 0.01%
Shell Plc
No change
880
$63,518,000 0.01%
Marriott Intl Inc New
22.00%
244
$58,992,000 0.01%
Honeywell International Inc
98.99%
267
$57,015,000 0.01%
Pacer Fds Tr
No change
1,123
$55,880,000 0.01%
Union Pac Corp
No change
240
$54,302,000 0.01%
Rivian Automotive, Inc.
No change
4,030
$54,083,000 0.01%
Fair Isaac Corp.
No change
36
$53,592,000 0.01%
3M Co.
No change
521
$53,241,000 0.01%
Royal Bk Cda
7.78%
499
$53,084,000 0.01%
Denison Mines Corp
No change
23,371
$46,508,000 0.01%
Enbridge Inc
No change
1,266
$45,057,000 0.01%
Northrop Grumman Corp.
1.00%
101
$44,061,000 0.01%
Philip Morris International Inc
No change
424
$42,964,000 0.01%
Unitedhealth Group Inc
1.23%
80
$40,741,000 0.01%
Fifth Third Bancorp
10.76%
1,112
$40,577,000 0.01%
Danaher Corp.
No change
148
$36,978,000 0.01%
Symbotic Inc
No change
1,000
$35,160,000 0.01%
Chubb Limited
No change
131
$33,415,000 0.01%
Yum Brands Inc.
No change
250
$33,115,000 0.01%
Vanguard Specialized Funds
Opened
181
$33,042,000 0.01%
Hartford Finl Svcs Group Inc
No change
312
$31,368,000 0.01%
Ameren Corp.
No change
433
$30,791,000 0.01%
Equinix Inc
No change
40
$30,264,000 0.01%
Lockheed Martin Corp.
6.67%
64
$29,894,000 0.01%
Gilead Sciences, Inc.
0.23%
429
$29,474,000 0.01%
Vanguard Scottsdale Fds
No change
627
$53,445,000 0.01%
Palo Alto Networks Inc
Closed
101
$28,699,000
Altria Group Inc.
0.81%
625
$28,497,000 0.01%
Royal Caribbean Group
No change
175
$27,900,000 0.01%
Toyota Motor Corporation
No change
133
$27,359,000 0.01%
Organon Co
No change
1,246
$25,792,000 0.01%
Principal Financial Group In
No change
320
$25,104,000 0.01%
VanEck ETF Trust
Closed
276
$24,812,000
OneMain Holdings Inc
No change
500
$24,245,000 0.01%
Synopsys, Inc.
No change
40
$23,802,000 0.01%
Transdigm Group Incorporated
No change
18
$22,997,000 0.01%
Vulcan Matls Co
No change
92
$22,879,000 0.00%
Dominion Energy Inc
89.26%
458
$22,442,000 0.00%
Dover Corp.
76.20%
124
$22,376,000 0.00%
Realty Income Corp.
50.00%
408
$21,551,000 0.00%
Mondelez International Inc.
No change
329
$21,530,000 0.00%
Ishares U S Etf Tr
No change
422
$21,239,000 0.00%
Dollar Tree Inc
No change
198
$21,140,000 0.00%
Tidal Etf Tr
3.70%
1,457
$26,382,000 0.01%
Wisdomtree Tr
No change
250
$19,513,000 0.00%
Boeing Co.
No change
100
$18,201,000 0.00%
Netflix Inc.
Opened
26
$17,547,000 0.00%
Constellation Brands, Inc.
No change
65
$16,723,000 0.00%
Accenture Plc Ireland
No change
51
$15,474,000 0.00%
Crowdstrike Holdings Inc
No change
40
$15,328,000 0.00%
PayPal Holdings Inc
20.55%
264
$15,320,000 0.00%
AMGEN Inc.
6.67%
48
$14,998,000 0.00%
Automatic Data Processing In
Closed
60
$14,984,000
Hilton Worldwide Holdings Inc
No change
68
$14,838,000 0.00%
Mcdonalds Corp
7.55%
57
$14,526,000 0.00%
Ppg Inds Inc
No change
110
$13,848,000 0.00%
Axon Enterprise Inc
No change
47
$13,829,000 0.00%
Welltower Inc.
158.00%
129
$13,448,000 0.00%
Transocean Ltd
No change
2,500
$13,375,000 0.00%
F.N.B. Corp.
No change
946
$12,941,000 0.00%
CVS Health Corp
No change
219
$12,934,000 0.00%
Intuit Inc
No change
19
$12,487,000 0.00%
United States Stl Corp New
No change
300
$11,340,000 0.00%
Canadian Nat Res Ltd
100.00%
312
$11,107,000 0.00%
Delta Air Lines, Inc.
2,750.00%
228
$10,816,000 0.00%
Texas Instrs Inc
99.84%
50
$9,727,000 0.00%
Analog Devices Inc.
No change
42
$9,587,000 0.00%
Marathon Pete Corp
Opened
55
$9,541,000 0.00%
Porch Group Inc
No change
6,304
$9,519,000 0.00%
CGI Inc
Closed
83
$9,171,000
Corteva Inc
No change
166
$8,954,000 0.00%
Sherwin-Williams Co.
No change
30
$8,953,000 0.00%
Target Corp
137.50%
57
$8,438,000 0.00%
Ametek Inc
No change
50
$8,336,000 0.00%
Pimco Dynamic Income Fd
No change
425
$7,994,000 0.00%
Regions Financial Corp.
Opened
395
$7,916,000 0.00%
Live Oak Bancshares Inc
No change
200
$7,012,000 0.00%
Solventum Corp
Opened
129
$6,822,000 0.00%
Carrier Global Corporation
No change
108
$6,813,000 0.00%
Corning, Inc.
99.90%
174
$6,760,000 0.00%
Stericycle Inc.
No change
116
$6,743,000 0.00%
Dollar Gen Corp New
No change
50
$6,612,000 0.00%
Qorvo Inc
No change
56
$6,498,000 0.00%
Cigna Group (The)
Opened
19
$6,281,000 0.00%
Doma Holdings Inc
Closed
1,240
$5,630,000
Tesla Inc
Opened
27
$5,484,000 0.00%
Vanguard Whitehall Fds
No change
116
$9,860,000 0.00%
Brookfield Asset Managmt Ltd
No change
142
$5,403,000 0.00%
Check Point Software Tech Lt
3.03%
32
$5,280,000 0.00%
State Str Corp
Opened
71
$5,254,000 0.00%
JD.com Inc
No change
200
$5,168,000 0.00%
Yum China Holdings Inc
No change
164
$5,058,000 0.00%
Spdr Gold Tr
No change
23
$4,945,000 0.00%
Usana Health Sciences Inc
No change
109
$4,931,000 0.00%
Aris Water Solutions, Inc.
No change
300
$4,701,000 0.00%
Veralto Corp
No change
49
$4,678,000 0.00%
Cintas Corporation
No change
6
$4,202,000 0.00%
Kinder Morgan Inc
Opened
210
$4,173,000 0.00%
PubMatic, Inc.
No change
200
$4,062,000 0.00%
Snowflake Inc.
No change
30
$4,053,000 0.00%
Ishares Inc
Opened
59
$4,026,000 0.00%
Cloudflare Inc
20.00%
48
$3,976,000 0.00%
Cognizant Technology Solutio
Closed
54
$3,958,000
Southwest Airls Co
Opened
125
$3,576,000 0.00%
Archer Daniels Midland Co.
No change
58
$3,506,000 0.00%
CME Group Inc
Closed
16
$3,445,000
Invesco Exch Trd Slf Idx Fd
No change
43
$3,340,000 0.00%
Emerson Elec Co
Opened
28
$3,084,000 0.00%
Piedmont Lithium Inc
No change
301
$3,004,000 0.00%
Sp Global Inc
Closed
7
$2,978,000
Tradeweb Mkts Inc
12.90%
27
$2,862,000 0.00%
Salesforce Inc
No change
11
$2,828,000 0.00%
Roper Technologies Inc
No change
5
$2,818,000 0.00%
Kyndryl Hldgs Inc
No change
100
$2,631,000 0.00%
Parker-Hannifin Corp.
No change
5
$2,529,000 0.00%
Kraft Heinz Co
No change
77
$2,481,000 0.00%
Air Prods Chems Inc
Opened
9
$2,322,000 0.00%
TG Therapeutics Inc
No change
127
$2,259,000 0.00%
Invesco Ltd
No change
139
$2,079,000 0.00%
Pitney Bowes, Inc.
No change
408
$2,073,000 0.00%
Reinsurance Grp Of America I
No change
10
$2,053,000 0.00%
RTX Corp
No change
19
$1,907,000 0.00%
Citigroup Inc
Opened
29
$1,840,000 0.00%
Digital Rlty Tr Inc
Opened
12
$1,825,000 0.00%
Fedex Corp
No change
6
$1,799,000 0.00%
Intel Corp.
No change
58
$1,796,000 0.00%
Johnson Ctls Intl Plc
99.97%
27
$1,795,000 0.00%
Under Armour Inc
No change
521
$3,438,000 0.00%
F5 Inc
No change
10
$1,722,000 0.00%
Palantir Technologies Inc.
48.84%
64
$1,627,000 0.00%
Stanley Black Decker Inc
No change
18
$1,438,000 0.00%
BP plc
No change
39
$1,408,000 0.00%
Qualcomm, Inc.
No change
6
$1,377,000 0.00%
Viatris Inc.
No change
103
$1,097,000 0.00%
Warner Bros.Discovery Inc
No change
142
$1,056,000 0.00%
Nikola Corporation
Closed
1,000
$1,040,000
Ark Etf Tr
No change
19
$835,000 0.00%
Nutrien Ltd
No change
15
$764,000 0.00%
Post Holdings Inc
No change
7
$729,000 0.00%
Brighthouse Finl Inc
No change
16
$693,000 0.00%
American Intl Group Inc
No change
9
$668,000 0.00%
Goldman Sachs Etf Tr
No change
6
$642,000 0.00%
Hims Hers Health Inc
Opened
31
$633,000 0.00%
Taiwan Semiconductor Mfg Ltd
Opened
3
$521,000 0.00%
Nucor Corp.
No change
3
$508,000 0.00%
G1 Therapeutics Inc
No change
212
$483,000 0.00%
Bellring Brands Inc
No change
8
$457,000 0.00%
First Solar Inc
Opened
2
$451,000 0.00%
NIO Inc
No change
100
$416,000 0.00%
Alterity Therapeutics Ltd
No change
200
$362,000 0.00%
Karyopharm Therapeutics Inc
No change
312
$271,000 0.00%
Nikola Corporation
Opened
33
$270,000 0.00%
Compass, Inc.
No change
70
$252,000 0.00%
Liquidia Corp
No change
19
$228,000 0.00%
Fate Therapeutics Inc
No change
61
$200,000 0.00%
Chewy Inc
No change
4
$109,000 0.00%
American Airls Group Inc
No change
4
$45,000 0.00%
Akoustis Technologies Inc
No change
150
$20,000 0.00%
BCE Inc
No change
0
$17,000
Endava plc
Inf%
1
$15,000 0.00%
Aurora Cannabis Inc
No change
1
$5,000 0.00%
Accelerate Diagnostics Inc
No change
4
$5,000 0.00%
No transactions found
Showing first 500 out of 287 holdings