Firestone Capital Management 13F annual report

Firestone Capital Management is an investment fund managing more than $366 billion ran by Louise Owen. There are currently 81 companies in Mrs. Owen’s portfolio. The largest investments include Vanguard Specialized Funds and Spdr Sp 500 Etf Tr, together worth $52.4 billion.

Limited to 30 biggest holdings

$366 billion Assets Under Management (AUM)

As of 2nd August 2024, Firestone Capital Management’s top holding is 152,247 shares of Vanguard Specialized Funds currently worth over $27.8 billion and making up 7.6% of the portfolio value. In addition, the fund holds 45,148 shares of Spdr Sp 500 Etf Tr worth $24.6 billion. The third-largest holding is Vanguard Index Fds worth $80.7 billion and the next is Ishares Tr worth $55.1 billion, with 728,103 shares owned.

Currently, Firestone Capital Management's portfolio is worth at least $366 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 Firestone Capital Management

The Firestone Capital Management office and employees reside in Coral Gables, Florida. According to the last 13-F report filed with the SEC, Louise Owen serves as the Chief Compliance Officer at Firestone Capital Management.

Recent trades

In the most recent 13F filing, Firestone Capital Management revealed that it had opened a new position in J P Morgan Exchange Traded F and bought 5,585 shares worth $327 million.

The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying 2,608 additional shares. This makes their stake in Spdr Sp 500 Etf Tr total 45,148 shares worth $24.6 billion.

On the other hand, there are companies that Firestone Capital Management is getting rid of from its portfolio. Firestone Capital Management closed its position in Invesco Exchange Traded Fd T on 9th August 2024. It sold the previously owned 19,738 shares for $2.17 billion. Louise Owen also disclosed a decreased stake in Vanguard Specialized Funds by approximately 0.1%. This leaves the value of the investment at $27.8 billion and 152,247 shares.

One of the smaller hedge funds

The two most similar investment funds to Firestone Capital Management are Crestview Partners Iii Gp, L.P. and Logan Stone Capital. They manage $366 billion and $365 billion respectively.


Louise Owen investment strategy

Firestone Capital Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 2.7% of the total portfolio value. The fund focuses on investments in the United States as 30.9% 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 30% of the total holdings value. On the other hand, small-cap stocks make up only 4.9% of the portfolio. The average market cap of the portfolio companies is close to $334 billion.

The complete list of Firestone Capital Management trades based on 13F SEC filings

These positions were updated on August 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
Vanguard Specialized Funds
0.40%
152,247
$27,792,617,000 7.59%
Spdr Sp 500 Etf Tr
6.13%
45,148
$24,570,249,000 6.71%
Vanguard Index Fds
2.78%
516,410
$80,692,254,000 22.05%
Ishares Tr
1.48%
728,103
$55,142,360,000 15.07%
Schwab Strategic Tr
1.99%
1,172,843
$46,736,479,000 12.77%
Vanguard Intl Equity Index F
1.10%
264,712
$15,351,174,000 4.19%
Vanguard Scottsdale Fds
19.81%
167,204
$13,125,404,000 3.59%
Vanguard Mun Bd Fds
9.99%
199,587
$10,001,314,000 2.73%
Invesco Exchange Traded Fd T
0.14%
127,368
$12,405,227,000 3.39%
Spdr Sp Midcap 400 Etf Tr
1.24%
10,084
$5,395,715,000 1.47%
Spdr Ser Tr
4.72%
50,690
$5,717,371,000 1.56%
Meta Platforms Inc
4.87%
8,299
$4,184,537,000 1.14%
Microsoft Corporation
1.66%
7,611
$3,401,926,000 0.93%
Apple Inc
0.96%
14,786
$3,114,242,000 0.85%
NextEra Energy Inc
0.50%
41,031
$2,905,419,000 0.79%
Vanguard Wellington Fd
57.34%
27,911
$2,793,034,000 0.76%
Ishares Gold Tr
0.76%
60,674
$2,665,409,000 0.73%
Pacer Fds Tr
9.24%
101,590
$4,953,138,000 1.35%
Amazon.com Inc.
No change
12,592
$2,433,404,000 0.66%
Vanguard Tax-managed Fds
6.79%
47,325
$2,338,782,000 0.64%
Berkshire Hathaway Inc.
No change
5,512
$2,242,282,000 0.61%
Invesco Exchange Traded Fd T
Closed
19,738
$2,172,167,000
Exxon Mobil Corp.
0.68%
18,001
$2,072,331,000 0.57%
Spdr Gold Tr
0.15%
9,075
$1,951,216,000 0.53%
Chevron Corp.
0.51%
9,049
$1,415,512,000 0.39%
Home Depot, Inc.
0.05%
3,830
$1,318,467,000 0.36%
Spdr Index Shs Fds
3.02%
30,413
$1,553,100,000 0.42%
Jpmorgan Chase Co.
0.02%
5,509
$1,114,256,000 0.30%
Alphabet Inc
0.02%
11,163
$2,040,222,000 0.56%
Ishares Inc
1.11%
19,411
$1,039,087,000 0.28%
Innovator ETFs Trust
14.57%
71,641
$2,821,257,000 0.77%
Fidelity Wise Origin Bitcoin
0.72%
16,896
$886,364,000 0.24%
Union Pac Corp
No change
3,627
$820,645,000 0.22%
Grayscale Bitcoin Tr Btc
No change
15,021
$799,718,000 0.22%
Norfolk Southn Corp
No change
3,715
$797,573,000 0.22%
Enterprise Prods Partners L
0.78%
25,503
$739,077,000 0.20%
Global X Fds
0.49%
49,990
$1,284,196,000 0.35%
Johnson Johnson
1.70%
4,540
$663,562,000 0.18%
International Business Machs
No change
3,786
$654,789,000 0.18%
Costco Whsl Corp New
No change
723
$614,768,000 0.17%
Select Sector Spdr Tr
7.89%
19,114
$1,937,452,000 0.53%
The Southern Co.
No change
7,524
$583,637,000 0.16%
Coca-Cola Co
0.01%
8,702
$553,875,000 0.15%
Flexshares Tr
No change
8,160
$542,722,000 0.15%
Vanguard World Fd
6.56%
7,473
$788,619,000 0.22%
Merck Co Inc
1.49%
4,104
$508,075,000 0.14%
Trane Technologies plc
No change
1,500
$493,395,000 0.13%
Oneok Inc.
0.38%
5,831
$475,513,000 0.13%
Tesla Inc
0.30%
2,305
$456,477,000 0.12%
Lowes Cos Inc
No change
2,000
$440,920,000 0.12%
Vaneck Bitcoin Tr
No change
6,029
$409,188,000 0.11%
Global X Fds
Closed
7,864
$385,257,000
VanEck ETF Trust
No change
7,654
$382,608,000 0.10%
Etf Ser Solutions
1.86%
12,046
$365,353,000 0.10%
Crocs Inc
No change
2,354
$343,543,000 0.09%
J P Morgan Exchange Traded F
Opened
5,585
$327,079,000 0.09%
Innovator ETFs Trust
Closed
7,803
$325,131,000
Bank New York Mellon Corp
No change
5,413
$324,185,000 0.09%
Walmart Inc
No change
4,686
$317,289,000 0.09%
Innovator ETFs Trust
Opened
8,287
$314,243,000 0.09%
Ares Capital Corp
No change
14,850
$309,474,000 0.08%
Ishares Silver Tr
No change
11,640
$309,275,000 0.08%
Unified Ser Tr
No change
9,259
$298,651,000 0.08%
Allstate Corp (The)
No change
1,839
$293,615,000 0.08%
3M Co.
0.11%
2,844
$290,628,000 0.08%
Airbnb, Inc.
Opened
1,857
$281,577,000 0.08%
American Express Co.
No change
1,215
$281,333,000 0.08%
Att Inc
0.69%
14,419
$275,547,000 0.08%
Vanguard Whitehall Fds
0.69%
2,320
$275,134,000 0.08%
Abbvie Inc
No change
1,585
$271,859,000 0.07%
NVIDIA Corp
Opened
2,182
$269,575,000 0.07%
Pepsico Inc
No change
1,634
$269,512,000 0.07%
Royal Bk Cda
No change
2,434
$258,929,000 0.07%
Procter And Gamble Co
No change
1,538
$253,647,000 0.07%
Bank America Corp
6.92%
5,997
$238,509,000 0.07%
Heico Corp.
No change
1,066
$238,368,000 0.07%
Morgan Stanley
7.26%
2,392
$232,500,000 0.06%
Target Corp
Closed
1,256
$222,659,000
Webster Finl Corp
No change
5,093
$222,004,000 0.06%
Disney Walt Co
No change
2,154
$213,830,000 0.06%
Toronto Dominion Bk Ont
No change
3,740
$205,550,000 0.06%
Bank Montreal Que
Closed
2,100
$205,128,000
Abbott Labs
Closed
1,785
$202,883,000
Boeing Co.
4.34%
1,101
$200,393,000 0.05%
Simon Ppty Group Inc New
Closed
1,280
$200,307,000
Umh Pptys Inc
No change
11,297
$180,639,000 0.05%
Novagold Res Inc
Opened
31,650
$109,509,000 0.03%
374water Inc
No change
42,883
$51,460,000 0.01%
No transactions found
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