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.
$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 | |||
| Showing first 500 out of 88 holdings | |||
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