Newman Dignan & Sheerar 13F annual report

Newman Dignan & Sheerar is an investment fund managing more than $388 billion ran by Richard Cavanagh. There are currently 169 companies in Mr. Cavanagh’s portfolio. The largest investments include Schwab Dow Jones Us Large Cap Etf and Applied Finance Valuation Lg Cap Etf, together worth $52 billion.

Limited to 30 biggest holdings

$388 billion Assets Under Management (AUM)

As of 8th July 2024, Newman Dignan & Sheerar’s top holding is 490,353 shares of Schwab Dow Jones Us Large Cap Etf currently worth over $31.5 billion and making up 8.1% of the portfolio value. In addition, the fund holds 599,827 shares of Applied Finance Valuation Lg Cap Etf worth $20.5 billion. The third-largest holding is Schwab Dow Jones Us Div Eq Etf worth $19.6 billion and the next is Apple Inc worth $15.9 billion, with 75,329 shares owned.

Currently, Newman Dignan & Sheerar's portfolio is worth at least $388 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 Newman Dignan & Sheerar

The Newman Dignan & Sheerar office and employees reside in Providence, Rhode Island. According to the last 13-F report filed with the SEC, Richard Cavanagh serves as the Chief Compliance Officer at Newman Dignan & Sheerar.

Recent trades

In the most recent 13F filing, Newman Dignan & Sheerar revealed that it had opened a new position in Victoryshares Core Intermediate Bond Etf and bought 262,267 shares worth $12.1 billion.

The investment fund also strengthened its position in Schwab Dow Jones Us Large Cap Etf by buying 118,688 additional shares. This makes their stake in Schwab Dow Jones Us Large Cap Etf total 490,353 shares worth $31.5 billion.

On the other hand, there are companies that Newman Dignan & Sheerar is getting rid of from its portfolio. Newman Dignan & Sheerar closed its position in Ishares Ibonds Dec 2023 Muni Bd Etf on 15th July 2024. It sold the previously owned 124,699 shares for $3.16 billion. Richard Cavanagh also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $13.8 billion and 30,782 shares.

One of the smaller hedge funds

The two most similar investment funds to Newman Dignan & Sheerar are Jackson Square Capital and Summit X. They manage $388 billion and $388 billion respectively.


Richard Cavanagh investment strategy

Newman Dignan & Sheerar’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 12.9% of the total portfolio value. The fund focuses on investments in the United States as 34.9% 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 34% of the total holdings value. On the other hand, small-cap stocks make up only 1.2% of the portfolio. The average market cap of the portfolio companies is close to $224 billion.

The complete list of Newman Dignan & Sheerar trades based on 13F SEC filings

These positions were updated on July 15th 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
Schwab Dow Jones Us Large Cap Etf
31.93%
490,353
$31,505,175,000 8.13%
Applied Finance Valuation Lg Cap Etf
73.96%
599,827
$20,514,074,000 5.29%
Schwab Dow Jones Us Div Eq Etf
7.92%
251,612
$19,565,365,000 5.05%
Apple Inc
6.28%
75,329
$15,865,866,000 4.09%
Microsoft Corporation
2.80%
30,782
$13,757,853,000 3.55%
Victoryshares Core Intermediate Bond Etf
Opened
262,267
$12,066,891,000 3.11%
Alphabet Inc
8.82%
58,195
$10,600,183,000 2.73%
Etfs Phys. Swiss Gold Shares
13.62%
463,887
$10,307,569,000 2.66%
NVIDIA Corp
798.68%
71,912
$8,884,050,000 2.29%
Dimensional Emerg Core Equity Mkt Etf
74.27%
309,945
$8,018,277,000 2.07%
Schwab Dow Jones Us Large Growth Etf
33.78%
67,008
$6,757,100,000 1.74%
Schwab Dow Jones Us Mid-cap Etf
1.10%
86,302
$6,716,853,000 1.73%
Merck Co Inc
1.91%
52,629
$6,515,477,000 1.68%
Vanguard Sp 500 Etf
17.75%
12,718
$6,360,728,000 1.64%
Proshares Sp 500 Div Aristocrats
20.50%
63,024
$6,058,513,000 1.56%
Schwab Ftse Developed Ex-us Etf
14.80%
151,715
$5,828,888,000 1.50%
Vanguard Tax-exempt Bond Etf
413.43%
113,770
$5,701,028,000 1.47%
First Trust Preferred Sec Inc Etf
36.21%
324,913
$5,640,487,000 1.45%
Goldman Sachs Activebeta Intl Eq Etf
33.31%
155,276
$5,225,031,000 1.35%
Amazon.com Inc.
18.27%
26,084
$5,040,733,000 1.30%
Broadcom Limited
5.68%
3,088
$4,958,667,000 1.28%
J P Morgan Chase Co
2.55%
24,149
$4,884,432,000 1.26%
Schwab Dow Jones Us Large Value Etf
43.69%
63,656
$4,715,662,000 1.22%
Schwab Dow Jones Us Sm-cap Etf
16.47%
88,034
$4,177,214,000 1.08%
Ishares Sp Midcap 400 Index Etf
396.37%
63,873
$3,737,819,000 0.96%
Johnson Johnson
16.74%
24,409
$3,567,570,000 0.92%
Procter Gamble Inc
0.18%
21,176
$3,492,413,000 0.90%
Ishares Ibonds Dec 2023 Muni Bd Etf
Closed
124,699
$3,161,113,000
Vanguard Ftse All-world Ex-usa Etf
1.06%
53,879
$3,159,444,000 0.81%
Ishares Ibonds Dec 2029 Corp Bd Etf
Opened
138,274
$3,134,680,000 0.81%
Ishares Ibonds Dec 2026 Muni Bd Etf
22.13%
120,680
$3,055,626,000 0.79%
Ishares Ibonds Dec 2025 Muni Bd Etf
15.79%
115,055
$3,047,220,000 0.79%
Pepsico
0.53%
17,477
$2,882,411,000 0.74%
Alphabet Inc
7.08%
15,694
$2,878,593,000 0.74%
J.p. Morgan Municipal Etf
Opened
56,908
$2,866,763,000 0.74%
Ishares Sp Smallcap 600 Index Etf
13.28%
26,768
$2,855,054,000 0.74%
Ishares Ibonds Dec 2023 Corp Bd Etf
Closed
113,746
$2,847,069,000
Berkshire Hathaway B
1.72%
6,550
$2,664,540,000 0.69%
Quanta Services, Inc.
25.36%
10,472
$2,660,706,000 0.69%
Lowes Companies
11.86%
11,900
$2,623,387,000 0.68%
Spdr Sp Dividend Etf
29.59%
20,489
$2,605,734,000 0.67%
Ishares Ibonds Dec 2024 Muni Bd Etf
36.08%
99,994
$2,604,331,000 0.67%
AMGEN Inc.
17.65%
8,193
$2,560,057,000 0.66%
Meta Platforms Inc
26.83%
4,926
$2,483,560,000 0.64%
Vanguard Mid-cap Etf
63.10%
10,200
$2,469,363,000 0.64%
Spdr Sp 500 Etf
6.83%
4,527
$2,463,432,000 0.64%
Spdr Gold Shares
32.53%
11,184
$2,404,672,000 0.62%
Palo Alto Networks Inc
0.56%
7,055
$2,391,716,000 0.62%
Chevrontexaco Corp
1.56%
15,239
$2,383,738,000 0.61%
Bank of America Corporation
2.03%
56,841
$2,260,555,000 0.58%
Union Pacific Corp.
1.06%
9,510
$2,151,689,000 0.55%
RTX Corp
23.49%
20,938
$2,101,982,000 0.54%
L3Harris Technologies Inc
2.05%
8,888
$1,996,040,000 0.51%
Fiserv, Inc.
10.35%
13,327
$1,986,256,000 0.51%
Dimensional International Core Equity Mkt Etf
Opened
61,276
$1,818,067,000 0.47%
First Trust Tcwopportunistic Fxd Inc Etf
Closed
40,038
$1,758,469,000
Ishares Ibonds Dec 2027 Muni Bd Etf
195.26%
70,293
$1,758,028,000 0.45%
International Business Machines Corp.
2.71%
10,154
$1,756,174,000 0.45%
Home Depot, Inc.
18.44%
5,029
$1,731,221,000 0.45%
Qualcomm, Inc.
18.11%
8,360
$1,665,153,000 0.43%
Vanguard Growth Etf
33.03%
4,330
$1,619,476,000 0.42%
Ishare Core Msci Emerging Markets
57.04%
30,186
$1,615,839,000 0.42%
Cisco Systems, Inc.
11.48%
33,492
$1,591,200,000 0.41%
Exxon Mobil Corp.
29.37%
13,315
$1,532,829,000 0.40%
Mastercard Incorporated
32.77%
3,355
$1,480,274,000 0.38%
Jh/dfa Small Cap Multifactor Etf
7.32%
39,315
$1,455,429,000 0.38%
Thermo Fisher Scientific Inc.
2.31%
2,584
$1,428,958,000 0.37%
Schwab Dow Jones Us Broad Mkt Etf
49.97%
22,608
$1,421,338,000 0.37%
Automatic Data Processing Inc.
21.27%
5,935
$1,416,625,000 0.37%
Ishares Ibonds Dec 2025 Corp Bd Etf
20.20%
55,844
$1,388,286,000 0.36%
Vanguard Small-cap Value Etf
6.47%
7,586
$1,384,673,000 0.36%
Visa Inc
11.94%
5,080
$1,333,348,000 0.34%
Emerson Electric Co.
6.28%
11,845
$1,304,845,000 0.34%
Mcdonalds Corp
16.06%
5,042
$1,284,839,000 0.33%
Verizon Communications Inc
27.11%
30,989
$1,277,997,000 0.33%
Medtronic Plc
30.82%
16,184
$1,273,843,000 0.33%
Spdr Blmbrg Brcly 1-10 Yr Tip
Closed
68,056
$1,255,627,000
Vanguard Value Etf
36.86%
7,745
$1,242,376,000 0.32%
Lilly Eli Co
1.95%
1,359
$1,230,411,000 0.32%
NextEra Energy Inc
37.25%
16,696
$1,182,263,000 0.30%
Spdr Technology Select Sector
6.03%
5,159
$1,167,090,000 0.30%
Danaher Corp.
28.69%
4,513
$1,127,573,000 0.29%
Spdr Sp Biotech Etf
18.20%
11,081
$1,027,332,000 0.26%
CVS Health Corp
31.98%
17,272
$1,020,100,000 0.26%
Oracle Systems
5.80%
7,206
$1,017,487,000 0.26%
Salesforce Com
Opened
3,912
$1,005,883,000 0.26%
Spdr Msci Acwi Ex-us
1.01%
35,241
$997,682,000 0.26%
Roper Technologies Inc
1.13%
1,745
$983,639,000 0.25%
Mondelez International Inc.
11.19%
14,962
$979,113,000 0.25%
Kla Tencor Corp
18.05%
1,171
$965,703,000 0.25%
Vanguard Div Appreciation Etf
11.66%
5,091
$929,437,000 0.24%
Ishares Ibonds Dec 2028 Muni Bd Etf
355.89%
36,676
$917,634,000 0.24%
Disney Walt Co
31.46%
9,174
$910,846,000 0.23%
Vanguard Reit
63.20%
10,777
$902,719,000 0.23%
Coca-Cola Co
18.83%
13,548
$862,314,000 0.22%
Blackstone Group Lp
25.22%
6,687
$827,912,000 0.21%
Citizens Financial Group, Inc.
69.70%
22,905
$825,259,000 0.21%
Wal-mart Stores
179.51%
12,156
$823,083,000 0.21%
Illinois Tool Works, Inc.
11.65%
3,338
$790,972,000 0.20%
Adobe Systems
Opened
1,410
$783,311,000 0.20%
Hewlett Packard
151.30%
21,891
$766,637,000 0.20%
Commercial Metals Co.
15.98%
13,843
$761,226,000 0.20%
Applied Materials Inc.
0.40%
3,204
$756,112,000 0.19%
Ishares Core Sp 500 Etf
Opened
1,349
$738,213,000 0.19%
Bristol-Myers Squibb Co.
18.93%
17,258
$716,731,000 0.18%
Invesco Biotech Genomics Etf
17.26%
10,922
$707,894,000 0.18%
Tjx Cos Inc
6.21%
6,152
$677,335,000 0.17%
Abbvie Inc
9.91%
3,910
$670,643,000 0.17%
Allstate Corp (The)
Closed
4,699
$637,216,000
Lockheed Martin Corp.
15.28%
1,270
$592,987,000 0.15%
Ishares Ibonds Dec 2024 Corp Bd Etf
80.36%
23,296
$585,420,000 0.15%
Ups Inc
Closed
3,185
$553,641,000
Vanguard Consumer Staples Etf
26.87%
2,721
$552,445,000 0.14%
Pfizer Inc.
40.65%
19,481
$545,078,000 0.14%
Ishares Sp 500 Barra Gr. Fd.
16.92%
5,812
$537,842,000 0.14%
Schwab Us Agg Bnd Etf
36.84%
11,534
$525,705,000 0.14%
Constellation Brands, Inc.
7.19%
1,974
$507,746,000 0.13%
Costco Whsl Corp
4.20%
595
$505,596,000 0.13%
Abbott Labs
20.15%
4,846
$503,527,000 0.13%
Ishares S P Nat'l Amt-free Muni Bd
Opened
4,686
$499,274,000 0.13%
General Electric
22.67%
3,070
$488,038,000 0.13%
First Trust Senior Loan Etf
Closed
10,866
$484,528,000
LKQ Corp
Opened
11,166
$464,387,000 0.12%
Public Svc Enterprise
19.34%
6,284
$463,148,000 0.12%
Ishares Ibonds Dec 2026 Corp Bd Etf
60.58%
19,332
$460,488,000 0.12%
Intel Corp.
28.66%
14,380
$445,352,000 0.11%
State Street Boston Corp
No change
6,000
$444,000,000 0.11%
Sp 400 Mid-cap Spdr Etf
No change
781
$417,897,000 0.11%
Vanguard Sht-term Infl Prot Sec Etf
Closed
8,719
$407,267,000
Goldman Sachs Group, Inc.
18.12%
881
$398,443,000 0.10%
Conoco Phillips
2.06%
3,475
$397,471,000 0.10%
Intuit Inc
No change
600
$394,326,000 0.10%
American Tower Corp.
7.02%
2,028
$394,161,000 0.10%
Novartis A G
No change
3,699
$393,796,000 0.10%
Tyson Foods, Inc.
15.10%
6,839
$390,776,000 0.10%
Sch Fundamental Us Large Co Etf
14.42%
5,810
$389,156,000 0.10%
Truist Finl Corp
70.72%
9,969
$387,283,000 0.10%
Philip Morris International Inc
Closed
3,808
$385,408,000
Nike, Inc.
29.93%
5,081
$382,984,000 0.10%
Independent Bank Corp Ma
Closed
4,535
$382,890,000
Spdr Doubleline Ttl Rtrn
Closed
9,240
$369,973,000
Amplify Cyber Security Etf
Opened
5,668
$366,915,000 0.09%
Vertex Pharmaceuticals, Inc.
15.39%
764
$358,102,000 0.09%
MPLX LP
No change
8,300
$353,497,000 0.09%
Altria Group Inc.
Closed
7,635
$348,996,000
Ishares Ibonds Dec 2023 Etf
Closed
14,128
$348,966,000
Kulicke Soffa Inds
Closed
7,781
$344,389,000
Ishares Ibonds Dec 2024 Etf
Closed
14,386
$343,112,000
Wells Fargo Co 7.50pcnt Pfd
5.99%
283
$336,913,000 0.09%
Ishares Floating Rate Bond Etf
Closed
6,579
$331,130,000
Sector Spdr Engy Select
4.75%
3,630
$330,875,000 0.09%
Target Corp
21.20%
2,224
$329,287,000 0.08%
Aon
18.01%
1,120
$328,810,000 0.08%
Regeneron Pharm
49.68%
311
$326,870,000 0.08%
Vanguard Total International Stock
Opened
5,118
$308,612,000 0.08%
Nuveen Inter Dur Qlty Muni
Closed
24,547
$306,593,000
Chase Corp.
Closed
3,550
$306,223,000
Western Asset Muni Hi Income
Closed
47,977
$306,093,000
Northrop Grumman Corp.
Closed
560
$305,542,000
Duke Energy Corp.
Closed
2,931
$301,864,000
Ishares Ibonds Dec 2030 Corp Bd Etf
Opened
14,062
$298,964,000 0.08%
Ishares Ibonds Dec 2027 Corp Bd Etf
Opened
12,550
$297,804,000 0.08%
Vanguard Mid Cap Value Etf
22.42%
1,976
$297,188,000 0.08%
Vanguard Ftse Dev Mkt Etf
Opened
5,997
$296,372,000 0.08%
Carrier Global Corporation
Opened
4,680
$295,214,000 0.08%
Global Payments, Inc.
57.20%
3,046
$294,510,000 0.08%
Diageo plc
Closed
1,651
$294,192,000
Du Pont E I De Nemours
27.63%
3,646
$293,467,000 0.08%
Ishares Msci Usa Momentum
8.66%
1,497
$291,687,000 0.08%
Schwab Us Tips Etf
Closed
5,574
$288,684,000
Beauty Health Company Cl A Ord
Closed
31,144
$283,410,000
PayPal Holdings Inc
0.51%
4,880
$283,186,000 0.07%
Cigna
3.49%
856
$282,968,000 0.07%
Amer Century Us Small Cap Value Etf
Opened
3,150
$282,618,000 0.07%
Kinder Morgan Inc
1.96%
13,610
$270,433,000 0.07%
Incyte Genomics Inc
Opened
4,442
$269,274,000 0.07%
Ishares Russell 2000 Index Fund Etf
2.20%
1,303
$264,366,000 0.07%
Invesco Sp 500 Low Volatility Etf
9.03%
4,028
$261,642,000 0.07%
Paychex Inc.
Closed
2,246
$259,548,000
Dow Chemical
Closed
5,150
$259,488,000
Corteva Inc
Closed
4,397
$258,456,000
Vanguard Small Cap Etf
Closed
1,346
$247,039,000
Ppg Inds Inc
0.47%
1,920
$241,709,000 0.06%
Valero Energy Corp.
8.76%
1,542
$241,669,000 0.06%
Vanguard Emerging Mkt Fd Etf
Closed
6,177
$240,776,000
Wells Fargo Company
Opened
4,030
$239,342,000 0.06%
3M Co.
21.50%
2,294
$234,383,000 0.06%
TE Connectivity Ltd
Opened
1,550
$233,167,000 0.06%
Unilever Plc Adr New
6.67%
4,200
$230,958,000 0.06%
Morgan Stanley Group
Opened
2,328
$226,258,000 0.06%
Becton Dickinson
No change
968
$226,231,000 0.06%
Vanguard Short-term Bond Etf
Closed
2,985
$224,746,000
Tesla Motors Inc
Opened
1,131
$223,802,000 0.06%
Hack- Purefunds Ise Cyber Security Etf
Closed
5,075
$223,565,000
Ishare Core Msci Eafe
Opened
3,031
$220,172,000 0.06%
Ishares Ibonds Ded 2031 Term Corp Etf
Opened
10,685
$216,799,000 0.06%
Eversource Energy
Closed
2,584
$216,605,000
Dominion Res Inc Va
32.29%
4,300
$210,700,000 0.05%
Norfolk Southern Corp.
Closed
850
$209,457,000
First Trust Value Line Div Idx
Closed
5,220
$208,335,000
Real Estate Sector Spdr
93.17%
5,387
$206,921,000 0.05%
Sysco Corp.
12.00%
2,875
$205,246,000 0.05%
Horizon Kinetics Infl. Bene. Etf
Closed
6,450
$203,061,000
Wynn Resorts Ltd.
Opened
2,255
$201,823,000 0.05%
Mlco
Closed
12,410
$142,715,000
Sofi Technologies Ord
Closed
16,843
$77,646,000
Ashford Hospitality Trust Inc
Closed
16,332
$73,004,000
Sundial Growers Inc
Closed
34,420
$71,938,000
Oncolytics Biotech, Inc.
Closed
18,915
$30,831,000
Clearside Biomedical Inc
Closed
27,023
$30,266,000
Ovid Therapeutics Inc
Closed
15,522
$28,871,000
TCR2 Therapeutics Inc.
Closed
12,522
$12,507,000
Mirion Technolog
Closed
10,023
$11,226,000
Aptose Biosciences Inc
Closed
18,915
$10,971,000
Medicenna Therapeutics Corp.
Closed
12,915
$5,915,000
Document Security Systems Inc
Closed
16,123
$2,644,000
Oragenics Inc
Closed
10,468
$1,100,000
No transactions found
Showing first 500 out of 217 holdings