Shorepoint Capital Partners 13F annual report
Shorepoint Capital Partners is an investment fund managing more than $426 billion ran by Kevin Raposo. There are currently 92 companies in Mr. Raposo’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Broadcom Inc, together worth $50 billion.
$426 billion Assets Under Management (AUM)
As of 7th August 2024, Shorepoint Capital Partners’s top holding is 634,606 shares of Fidelity Merrimack Str Tr currently worth over $28.5 billion and making up 6.7% of the portfolio value.
In addition, the fund holds 13,356 shares of Broadcom Inc worth $21.4 billion, whose value fell 87.6% in the past six months.
The third-largest holding is Microsoft worth $13.8 billion and the next is Schwab Strategic Tr worth $23 billion, with 273,673 shares owned.
Currently, Shorepoint Capital Partners's portfolio is worth at least $426 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 Shorepoint Capital Partners
The Shorepoint Capital Partners office and employees reside in Norwood, Massachusetts. According to the last 13-F report filed with the SEC, Kevin Raposo serves as the Research Analyst at Shorepoint Capital Partners.
Recent trades
In the most recent 13F filing, Shorepoint Capital Partners revealed that it had opened a new position in
Morgan Stanley Etf Trust and bought 184,155 shares worth $9.26 billion.
The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying
24,292 additional shares.
This makes their stake in Fidelity Merrimack Str Tr total 634,606 shares worth $28.5 billion.
On the other hand, there are companies that Shorepoint Capital Partners is getting rid of from its portfolio.
Shorepoint Capital Partners closed its position in Kraft Heinz Co on 14th August 2024.
It sold the previously owned 69,606 shares for $2.57 billion.
Kevin Raposo also disclosed a decreased stake in Broadcom Inc by approximately 0.1%.
This leaves the value of the investment at $21.4 billion and 13,356 shares.
One of the average hedge funds
The two most similar investment funds to Shorepoint Capital Partners are Allied Investment Advisors and Ipswich Investment Management Co. They manage $426 billion and $426 billion respectively.
Kevin Raposo investment strategy
Shorepoint Capital Partners’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 16.0% of
the total portfolio value.
The fund focuses on investments in the United States as
55.4% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $241 billion.
The complete list of Shorepoint Capital Partners 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
3.98%
634,606
|
$28,512,832,000 | 6.69% |
| Broadcom Inc |
3.75%
13,356
|
$21,443,626,000 | 5.03% |
| Microsoft Corporation |
0.48%
30,890
|
$13,806,209,000 | 3.24% |
| Schwab Strategic Tr |
2.64%
273,673
|
$22,964,298,000 | 5.39% |
| Jpmorgan Chase Co. |
0.92%
60,035
|
$12,142,620,000 | 2.85% |
| Novo-nordisk A S |
2.29%
71,468
|
$10,201,378,000 | 2.39% |
| Travelers Companies Inc. |
1.70%
46,263
|
$9,407,119,000 | 2.21% |
| J P Morgan Exchange Traded F |
1.92%
325,267
|
$15,587,767,000 | 3.66% |
| Morgan Stanley Etf Trust |
Opened
184,155
|
$9,260,227,000 | 2.17% |
| Agnico Eagle Mines Ltd |
1.10%
134,904
|
$8,822,713,000 | 2.07% |
| Autozone Inc. |
4.04%
2,735
|
$8,107,110,000 | 1.90% |
| Chevron Corp. |
1.76%
51,368
|
$8,035,008,000 | 1.89% |
| Eaton Corp Plc |
1.28%
25,072
|
$7,861,286,000 | 1.85% |
| Qualcomm, Inc. |
1.96%
35,906
|
$7,151,678,000 | 1.68% |
| Nxp Semiconductors N V |
0.13%
26,314
|
$7,080,781,000 | 1.66% |
| Thermo Fisher Scientific Inc. |
1.14%
12,789
|
$7,072,179,000 | 1.66% |
| Apple Inc |
3.56%
32,443
|
$6,833,208,000 | 1.60% |
| Mastercard Incorporated |
1.07%
14,935
|
$6,588,743,000 | 1.55% |
| Tjx Cos Inc New |
0.53%
58,161
|
$6,403,570,000 | 1.50% |
| Abbvie Inc |
0.14%
37,077
|
$6,359,479,000 | 1.49% |
| Edwards Lifesciences Corp |
3.35%
66,224
|
$6,117,120,000 | 1.44% |
| Costco Whsl Corp New |
3.61%
7,124
|
$6,055,685,000 | 1.42% |
| Alphabet Inc |
0.49%
51,351
|
$9,376,709,000 | 2.20% |
| RTX Corp |
3.22%
59,392
|
$5,962,355,000 | 1.40% |
| Merck Co Inc |
0.34%
47,868
|
$5,926,012,000 | 1.39% |
| Lowes Cos Inc |
3.95%
26,060
|
$5,745,093,000 | 1.35% |
| Phillips 66 |
0.61%
38,219
|
$5,395,439,000 | 1.27% |
| Pepsico Inc |
4.51%
32,661
|
$5,386,727,000 | 1.26% |
| Trane Technologies plc |
2.15%
16,264
|
$5,349,619,000 | 1.26% |
| Johnson Johnson |
0.73%
36,005
|
$5,262,418,000 | 1.24% |
| Ishares Tr |
0.56%
64,501
|
$5,152,962,000 | 1.21% |
| Comcast Corp New |
2.55%
120,036
|
$4,700,610,000 | 1.10% |
| Meta Platforms Inc |
1.38%
9,302
|
$4,690,212,000 | 1.10% |
| Vertex Pharmaceuticals, Inc. |
6.76%
9,574
|
$4,487,431,000 | 1.05% |
| Unitedhealth Group Inc |
15.15%
8,785
|
$4,473,830,000 | 1.05% |
| Vanguard Index Fds |
0.73%
26,851
|
$6,467,662,000 | 1.52% |
| CVS Health Corp |
2.77%
72,104
|
$4,258,462,000 | 1.00% |
| Amazon.com Inc. |
2.36%
22,034
|
$4,258,138,000 | 1.00% |
| Pnc Finl Svcs Group Inc |
1.22%
25,735
|
$4,001,278,000 | 0.94% |
| Diamondback Energy Inc |
0.10%
19,252
|
$3,853,998,000 | 0.90% |
| Verizon Communications Inc |
3.66%
90,666
|
$3,739,071,000 | 0.88% |
| The Southern Co. |
2.16%
47,955
|
$3,719,870,000 | 0.87% |
| Cisco Sys Inc |
1.98%
76,165
|
$3,618,600,000 | 0.85% |
| Kinder Morgan Inc |
2.47%
181,022
|
$3,596,907,000 | 0.84% |
| Mcdonalds Corp |
2.17%
14,061
|
$3,583,306,000 | 0.84% |
| Bristol-Myers Squibb Co. |
9.27%
85,675
|
$3,558,091,000 | 0.84% |
| Morgan Stanley |
3.48%
35,433
|
$3,443,733,000 | 0.81% |
| Lyondellbasell Industries N |
2.22%
34,404
|
$3,291,086,000 | 0.77% |
| Honeywell International Inc |
2.15%
15,290
|
$3,264,946,000 | 0.77% |
| Palo Alto Networks Inc |
2.87%
9,324
|
$3,160,794,000 | 0.74% |
| Adobe Inc |
16.45%
5,669
|
$3,149,162,000 | 0.74% |
| Bank America Corp |
6.63%
76,501
|
$3,042,459,000 | 0.71% |
| Constellation Brands, Inc. |
4.12%
11,712
|
$3,013,260,000 | 0.71% |
| Visa Inc |
4.18%
11,178
|
$2,933,758,000 | 0.69% |
| Target Corp |
1.38%
19,502
|
$2,887,076,000 | 0.68% |
| Smucker J M Co |
4.76%
26,436
|
$2,882,581,000 | 0.68% |
| Deere Co |
2.43%
7,618
|
$2,846,358,000 | 0.67% |
| AES Corp. |
5.01%
161,668
|
$2,840,507,000 | 0.67% |
| Dell Technologies Inc |
34.70%
19,887
|
$2,742,616,000 | 0.64% |
| Mondelez International Inc. |
506.10%
41,651
|
$2,725,642,000 | 0.64% |
| Union Pac Corp |
2.35%
11,607
|
$2,626,200,000 | 0.62% |
| United Parcel Service, Inc. |
5.40%
18,831
|
$2,577,022,000 | 0.60% |
| Kraft Heinz Co |
Closed
69,606
|
$2,568,461,000 | |
| Medtronic Plc |
2.52%
32,495
|
$2,557,682,000 | 0.60% |
| BCE Inc |
6.79%
74,843
|
$2,422,668,000 | 0.57% |
| Marriott Intl Inc New |
5.46%
7,924
|
$1,915,667,000 | 0.45% |
| Zoetis Inc |
14.23%
10,957
|
$1,899,553,000 | 0.45% |
| Salesforce Inc |
20.92%
7,341
|
$1,887,423,000 | 0.44% |
| Warner Bros.Discovery Inc |
2.68%
217,756
|
$1,620,101,000 | 0.38% |
| Valero Energy Corp. |
6.70%
9,377
|
$1,469,866,000 | 0.35% |
| Chubb Limited |
5.01%
5,664
|
$1,444,875,000 | 0.34% |
| VanEck ETF Trust |
1.31%
36,644
|
$1,243,331,000 | 0.29% |
| Pfizer Inc. |
Opened
34,401
|
$962,540,000 | 0.23% |
| Franklin Bsp Rlty Tr Inc |
26.60%
69,000
|
$869,400,000 | 0.20% |
| Ready Capital Corp |
10.91%
98,000
|
$801,640,000 | 0.19% |
| Abbott Labs |
7.75%
6,395
|
$664,505,000 | 0.16% |
| Exxon Mobil Corp. |
6.20%
5,532
|
$636,844,000 | 0.15% |
| Berkshire Hathaway Inc. |
No change
1
|
$612,241,000 | 0.14% |
| Norfolk Southn Corp |
7.12%
2,844
|
$610,578,000 | 0.14% |
| Home Depot, Inc. |
Opened
1,696
|
$583,935,000 | 0.14% |
| Oracle Corp. |
29.52%
4,058
|
$572,990,000 | 0.13% |
| Colgate-Palmolive Co. |
10.76%
4,949
|
$480,251,000 | 0.11% |
| CSX Corp. |
No change
10,240
|
$342,529,000 | 0.08% |
| Vanguard Specialized Funds |
10.97%
1,790
|
$326,772,000 | 0.08% |
| Berkshire Hathaway Inc. |
Opened
799
|
$325,033,000 | 0.08% |
| Vanguard Intl Equity Index F |
3.62%
7,039
|
$308,037,000 | 0.07% |
| Procter And Gamble Co |
11.73%
1,714
|
$282,673,000 | 0.07% |
| NVIDIA Corp |
Opened
2,129
|
$262,988,000 | 0.06% |
| Invesco Exchange Traded Fd T |
No change
8,600
|
$258,258,000 | 0.06% |
| Ishares Tr |
Closed
2,510
|
$252,782,000 | |
| Spdr Gold Tr |
No change
1,039
|
$223,395,000 | 0.05% |
| General Dynamics Corp. |
No change
745
|
$216,155,000 | 0.05% |
| Ishares Tr |
Opened
3,675
|
$215,061,000 | 0.05% |
| Linde Plc. |
Closed
451
|
$209,408,000 | |
| RPM International, Inc. |
No change
1,900
|
$204,592,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 95 holdings | |||
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