Somerset Trust Co 13F annual report
Somerset Trust Co is an investment fund managing more than $244 billion ran by Lisa Bittner. There are currently 145 companies in Mrs. Bittner’s portfolio. The largest investments include Microsoft Corp Com and Apple Inc, together worth $26 billion.
$244 billion Assets Under Management (AUM)
As of 2nd July 2024, Somerset Trust Co’s top holding is 31,859 shares of Microsoft Corp Com currently worth over $14.2 billion and making up 5.8% of the portfolio value.
In addition, the fund holds 55,679 shares of Apple Inc worth $11.7 billion, whose value grew 23.1% in the past six months.
The third-largest holding is Jpmorgan Chase & Co Com worth $7.57 billion and the next is Lowes Cos Inc Com worth $6.45 billion, with 29,241 shares owned.
Currently, Somerset Trust Co's portfolio is worth at least $244 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 Somerset Trust Co
The Somerset Trust Co office and employees reside in Somerset, Pennsylvania. According to the last 13-F report filed with the SEC, Lisa Bittner serves as the Vice President & Sr. Trust Officer at Somerset Trust Co.
Recent trades
In the most recent 13F filing, Somerset Trust Co revealed that it had opened a new position in
First Comwlth Finl Corp Pa Com and bought 17,928 shares worth $248 million.
The investment fund also strengthened its position in NextEra Inc by buying
699 additional shares.
This makes their stake in NextEra Inc total 83,159 shares worth $5.89 billion.
NextEra Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Somerset Trust Co is getting rid of from its portfolio.
Somerset Trust Co closed its position in Vail Resorts on 9th July 2024.
It sold the previously owned 1,038 shares for $231 million.
Lisa Bittner also disclosed a decreased stake in Microsoft Corp Com by approximately 0.1%.
This leaves the value of the investment at $14.2 billion and 31,859 shares.
One of the smaller hedge funds
The two most similar investment funds to Somerset Trust Co are Clarity Wealth Advisors and Netease. They manage $244 billion and $244 billion respectively.
Lisa Bittner investment strategy
Somerset Trust Co’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 8.7% of
the total portfolio value.
The fund focuses on investments in the United States as
44.1% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $122 billion.
The complete list of Somerset Trust Co trades based on 13F SEC filings
These positions were updated on July 9th 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 Corp Com |
4.35%
31,859
|
$14,239,583,000 | 5.84% |
| Apple Inc |
0.27%
55,679
|
$11,727,111,000 | 4.81% |
| Jpmorgan Chase & Co Com |
0.17%
37,403
|
$7,565,131,000 | 3.10% |
| Lowes Cos Inc Com |
0.43%
29,241
|
$6,446,471,000 | 2.64% |
| Analog Devices Inc. |
0.44%
26,074
|
$5,951,652,000 | 2.44% |
| NextEra Energy Inc |
0.85%
83,159
|
$5,888,488,000 | 2.41% |
| AMGEN Inc. |
0.48%
18,675
|
$5,835,004,000 | 2.39% |
| Costco Whsl Corp New Com |
2.09%
6,361
|
$5,406,786,000 | 2.22% |
| Johnson And Johnson |
0.87%
35,785
|
$5,230,336,000 | 2.14% |
| Wal Mart Inc Com |
0.22%
75,428
|
$5,107,230,000 | 2.09% |
| Cisco Sys Inc Com |
0.49%
106,021
|
$5,037,057,000 | 2.07% |
| Aflac Inc. |
0.62%
56,146
|
$5,014,400,000 | 2.06% |
| First Tr Exchange Traded Fd Dj Internt Idx |
0.66%
24,396
|
$4,999,716,000 | 2.05% |
| Linde Plc. |
0.59%
11,225
|
$4,925,642,000 | 2.02% |
| Automatic Data Processing Incom |
0.06%
19,040
|
$4,544,658,000 | 1.86% |
| Illinois Tool Works, Inc. |
0.28%
18,937
|
$4,487,312,000 | 1.84% |
| Mcdonalds Corp Com |
1.22%
17,275
|
$4,402,361,000 | 1.81% |
| Abbott Labs Com |
1.65%
40,856
|
$4,245,347,000 | 1.74% |
| General Dynamics Corp. |
0.36%
14,282
|
$4,143,779,000 | 1.70% |
| L3Harris Technologies Inc |
0.74%
17,458
|
$3,920,717,000 | 1.61% |
| Accenture plc |
0.37%
12,617
|
$3,828,124,000 | 1.57% |
| Paychex Inc. |
0.16%
32,186
|
$3,815,972,000 | 1.56% |
| Medtronic Plc Shs |
0.21%
47,884
|
$3,768,949,000 | 1.55% |
| Chubb Limited Com |
0.27%
14,244
|
$3,633,360,000 | 1.49% |
| Norfolk Southern Corp. Com |
1.68%
16,398
|
$3,520,486,000 | 1.44% |
| RTX Corp |
1.26%
34,864
|
$3,499,997,000 | 1.44% |
| Becton, Dickinson and Company |
1.21%
14,517
|
$3,392,768,000 | 1.39% |
| Factset Research Systems Inc. |
0.72%
8,214
|
$3,353,529,000 | 1.38% |
| Blackrock Inc. |
1.38%
4,255
|
$3,350,047,000 | 1.37% |
| Procter & Gamble Co Com |
0.95%
19,531
|
$3,221,052,000 | 1.32% |
| Unitedhealth Group Inc |
1.37%
6,299
|
$3,207,829,000 | 1.32% |
| Pepsico Inc Com |
0.88%
19,135
|
$3,155,936,000 | 1.29% |
| Air Products & Chemicals Inc. |
0.81%
11,913
|
$3,074,150,000 | 1.26% |
| Home Depot, Inc. |
0.40%
8,500
|
$2,926,040,000 | 1.20% |
| Emerson Elec Co Com |
0.64%
25,144
|
$2,769,863,000 | 1.14% |
| Phillips 66 Com |
0.16%
19,358
|
$2,732,769,000 | 1.12% |
| WEC Energy Group Inc |
1.23%
32,740
|
$2,568,780,000 | 1.05% |
| Target Corp Com |
0.95%
16,609
|
$2,458,797,000 | 1.01% |
| Colgate Palmolive Co Com |
0.59%
24,053
|
$2,334,103,000 | 0.96% |
| Chevrontexaco Corp Com |
1.17%
14,403
|
$2,252,917,000 | 0.92% |
| Ross Stores, Inc. |
0.42%
15,453
|
$2,245,630,000 | 0.92% |
| Comcast Corp New Cl A |
3.78%
56,743
|
$2,222,056,000 | 0.91% |
| Eversource Energy Com |
2.05%
33,817
|
$1,917,762,000 | 0.79% |
| Clorox Company Com |
1.79%
13,567
|
$1,851,489,000 | 0.76% |
| Capital One Financial Corp. |
0.28%
10,915
|
$1,511,182,000 | 0.62% |
| Nike, Inc. |
1.50%
19,896
|
$1,499,562,000 | 0.61% |
| Morgan Stanley Dean Witter Discover & Co |
1.29%
15,028
|
$1,460,571,000 | 0.60% |
| J P Morgan Exchange-traded Fd |
3.25%
25,254
|
$1,431,397,000 | 0.59% |
| Quest Diagnostics, Inc. |
0.50%
9,470
|
$1,296,254,000 | 0.53% |
| MetLife, Inc. |
0.21%
17,912
|
$1,257,243,000 | 0.52% |
| Ishares Tr |
5.67%
22,731
|
$1,697,169,000 | 0.70% |
| Us Bancorp Del Com New |
3.36%
27,003
|
$1,072,019,000 | 0.44% |
| Pfizer Inc. |
0.88%
38,198
|
$1,068,780,000 | 0.44% |
| Alphabet Inc Cap Stk Cl A |
4.58%
5,597
|
$1,019,494,000 | 0.42% |
| AT&T, Inc. |
11.25%
53,142
|
$1,015,543,000 | 0.42% |
| American Tower Corp New Com |
1.95%
5,081
|
$987,645,000 | 0.41% |
| Citigroup Inc Com New |
0.99%
15,385
|
$976,332,000 | 0.40% |
| Ishares Tr U.s. Pfd Stk Etf |
0.30%
27,218
|
$858,728,000 | 0.35% |
| Diamondback Energy Inc |
3.96%
4,067
|
$814,173,000 | 0.33% |
| Merck & Co Inc |
3.38%
6,423
|
$795,167,000 | 0.33% |
| Ishares Core S&p Mid-cap Etf |
No change
13,041
|
$763,159,000 | 0.31% |
| Hershey Foods Corp Com |
2.16%
4,120
|
$757,380,000 | 0.31% |
| Nvidia Corp Com |
598.97%
6,102
|
$753,841,000 | 0.31% |
| Dycom Inds Inc |
1.55%
4,448
|
$750,644,000 | 0.31% |
| Cigna Group (The) |
1.18%
2,235
|
$738,824,000 | 0.30% |
| Packaging Corp Of America |
0.08%
3,942
|
$719,652,000 | 0.30% |
| Taiwan Semiconductor Mfg Co |
8.41%
4,136
|
$718,878,000 | 0.29% |
| Tesla Inc |
3.91%
3,613
|
$714,940,000 | 0.29% |
| Verizon Communications Inc |
6.13%
16,420
|
$677,161,000 | 0.28% |
| Icon Plc Shs |
1.56%
2,079
|
$651,704,000 | 0.27% |
| Invesco Exchng Traded Fd Tr S&p Smlcp Info |
No change
13,443
|
$627,788,000 | 0.26% |
| Ishares Core S&p 500 Etf |
No change
1,143
|
$625,484,000 | 0.26% |
| Berkshire Hathaway Inc Del Cl B New |
No change
1,533
|
$623,624,000 | 0.26% |
| Nutrien Ltd |
0.18%
12,147
|
$618,404,000 | 0.25% |
| Lilly Eli & Co Com |
16.93%
670
|
$606,605,000 | 0.25% |
| Pentair Plc Shs |
0.98%
7,490
|
$574,258,000 | 0.24% |
| Delta Air Lines Inc Del Com New |
0.15%
12,091
|
$573,597,000 | 0.24% |
| Ishares Core S&p Small-cap Etf |
No change
5,277
|
$562,845,000 | 0.23% |
| Gallagher Arthur J & Co Com |
No change
2,159
|
$559,850,000 | 0.23% |
| Booz Allen Hamilton Hldg Corcl A |
2.12%
3,607
|
$555,117,000 | 0.23% |
| Adobe Sys Inc Com |
7.67%
983
|
$546,096,000 | 0.22% |
| Gilead Sciences, Inc. |
0.25%
7,948
|
$545,312,000 | 0.22% |
| Micron Technology Inc. |
3.99%
4,114
|
$541,114,000 | 0.22% |
| Selective Ins Group Inc |
5.47%
5,665
|
$531,547,000 | 0.22% |
| Hubbell Inc. |
1.57%
1,440
|
$526,291,000 | 0.22% |
| Spdr Ser Tr |
1.52%
20,505
|
$1,358,517,000 | 0.56% |
| American Intl Group Inc Com New |
0.79%
6,882
|
$510,920,000 | 0.21% |
| Invesco Exchange Traded Fd Tr |
0.02%
6,063
|
$488,860,000 | 0.20% |
| Five Below Inc |
6.85%
4,338
|
$472,712,000 | 0.19% |
| Abbvie Inc |
37.83%
2,678
|
$459,331,000 | 0.19% |
| Amazon.com Inc. |
11.62%
2,160
|
$417,420,000 | 0.17% |
| Brown & Brown, Inc. |
0.09%
4,546
|
$406,458,000 | 0.17% |
| Mastercard Incorporated |
3.18%
875
|
$386,015,000 | 0.16% |
| Spdr Gold Tr |
0.23%
1,763
|
$379,063,000 | 0.16% |
| Applied Matls Inc Com |
31.21%
1,589
|
$374,988,000 | 0.15% |
| Mgm Resorts International Com |
0.10%
8,384
|
$372,585,000 | 0.15% |
| Guidewire Software Inc |
0.11%
2,693
|
$371,338,000 | 0.15% |
| Waste Connections Inc |
0.09%
2,117
|
$371,237,000 | 0.15% |
| Starbucks Corp. |
9.96%
4,693
|
$365,350,000 | 0.15% |
| Fedex Corp Com |
14.35%
1,203
|
$360,708,000 | 0.15% |
| Centene Corp Del Com |
No change
5,275
|
$349,733,000 | 0.14% |
| Church & Dwight Co., Inc. |
No change
3,356
|
$347,950,000 | 0.14% |
| Chewy Inc |
8.22%
12,762
|
$347,637,000 | 0.14% |
| Leidos Hldgs Inc Com |
4.73%
2,346
|
$342,234,000 | 0.14% |
| Keysight Technologies Inc |
0.12%
2,461
|
$336,542,000 | 0.14% |
| Iron Mtn Inc New |
13.57%
3,742
|
$335,358,000 | 0.14% |
| RLI Corp. |
0.13%
2,376
|
$334,279,000 | 0.14% |
| Invesco Exchng Traded Fd Tr S&p Smlcp Helt |
No change
7,797
|
$332,152,000 | 0.14% |
| Cboe Global Markets Inc. |
0.10%
1,905
|
$323,964,000 | 0.13% |
| Aecom Com |
7.93%
3,567
|
$314,395,000 | 0.13% |
| Vulcan Materials Co |
11.51%
1,250
|
$310,850,000 | 0.13% |
| Disney Walt Co Com Disney |
1.92%
3,128
|
$310,579,000 | 0.13% |
| RBC Bearings Inc. |
2.55%
1,107
|
$298,646,000 | 0.12% |
| Eastgroup Properties, Inc. |
No change
1,749
|
$297,505,000 | 0.12% |
| Thermo Fisher Scientific Inc. |
10.04%
537
|
$296,961,000 | 0.12% |
| Chemed Corp. |
No change
541
|
$293,536,000 | 0.12% |
| Tyler Technologies, Inc. |
No change
571
|
$287,087,000 | 0.12% |
| Lamb Weston Hldgs Inc Com |
0.12%
3,397
|
$285,620,000 | 0.12% |
| United Parcel Service Of America Inc |
5.85%
2,081
|
$284,785,000 | 0.12% |
| Honeywell International Inc |
5.79%
1,333
|
$284,649,000 | 0.12% |
| Infosys Ltd Sponsored Adr |
4.21%
15,140
|
$281,907,000 | 0.12% |
| Graco Inc. |
No change
3,489
|
$276,608,000 | 0.11% |
| Berkley W R Corp |
0.12%
3,468
|
$272,515,000 | 0.11% |
| Stag Indl Inc |
0.12%
7,376
|
$265,979,000 | 0.11% |
| Rollins, Inc. |
0.09%
5,353
|
$261,173,000 | 0.11% |
| Lam Research Corp Com |
11.90%
235
|
$250,240,000 | 0.10% |
| Neogen Corp. |
No change
15,877
|
$248,158,000 | 0.10% |
| First Comwlth Finl Corp Pa Com |
Opened
17,928
|
$247,581,000 | 0.10% |
| Check Point Software Tech Ltd |
No change
1,487
|
$245,355,000 | 0.10% |
| Vishay Intertechnology, Inc. |
3.50%
10,930
|
$243,739,000 | 0.10% |
| Deckers Outdoor Corp. |
11.26%
247
|
$239,084,000 | 0.10% |
| Post Hldgs Inc Com |
0.13%
2,262
|
$235,610,000 | 0.10% |
| Exxon Mobil Corp. |
2.72%
2,039
|
$234,730,000 | 0.10% |
| RPM International, Inc. |
0.14%
2,166
|
$233,235,000 | 0.10% |
| Manhattan Assocs Inc Com |
No change
939
|
$231,633,000 | 0.09% |
| Vail Resorts Inc. |
Closed
1,038
|
$231,298,000 | |
| Generac Holdings Inc |
2.99%
1,720
|
$227,418,000 | 0.09% |
| Ishares Tr Core Msci Eafe |
No change
3,098
|
$225,039,000 | 0.09% |
| Union Pacific Corp. |
3.92%
982
|
$222,187,000 | 0.09% |
| Ameriprise Finl Inc Com |
Opened
515
|
$220,003,000 | 0.09% |
| Smith A O Com |
Closed
2,414
|
$215,956,000 | |
| D.R. Horton Inc. |
13.50%
1,530
|
$215,623,000 | 0.09% |
| CVS Health Corp |
Closed
2,697
|
$215,113,000 | |
| Everest Group, Ltd |
2.82%
546
|
$208,037,000 | 0.09% |
| TG Therapeutics Inc |
No change
10,000
|
$177,900,000 | 0.07% |
| Fnb Corp Pa Com |
No change
12,561
|
$171,828,000 | 0.07% |
| Vector Group Ltd |
Opened
10,410
|
$110,034,000 | 0.05% |
| Acco Brands Corp Com |
Opened
12,099
|
$56,865,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 148 holdings | |||
Hedge funds similar to Somerset Trust Co
- Allegiance Advisory Services
- Infusive Asset Management
- Sharp Capital Gestora De Recursos Ltda
- Cws Advisors
- Argonautica Private Wealth Management, Inc
- Sterling Planning
- Netease
- Clarity Wealth Advisors
- Monterey Private Wealth
- 3chopt Investment Partners
- Richard W. Paul & Associates
- Jackson, Grant Investment Advisers
- Sycale Advisors (ny)
- Harvest Investment Services