Demars 13F annual report

Demars is an investment fund managing more than $208 billion ran by David Demars. There are currently 57 companies in Mr. Demars’s portfolio. The largest investments include Ishares Tr and Invesco Exchange Traded Fd T, together worth $111 billion.

Limited to 30 biggest holdings

$208 billion Assets Under Management (AUM)

As of 12th July 2024, Demars’s top holding is 1,106,589 shares of Ishares Tr currently worth over $91.9 billion and making up 44.1% of the portfolio value. In addition, the fund holds 410,600 shares of Invesco Exchange Traded Fd T worth $18.8 billion. The third-largest holding is Spdr Ser Tr worth $14.4 billion and the next is VanEck ETF Trust worth $13.1 billion, with 515,350 shares owned.

Currently, Demars's portfolio is worth at least $208 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 Demars

The Demars office and employees reside in Spokane Valley, Washington. According to the last 13-F report filed with the SEC, David Demars serves as the Managing Member/Chief Compliance Officer at Demars.

Recent trades

In the most recent 13F filing, Demars revealed that it had opened a new position in Atkore Inc and bought 20,616 shares worth $2.78 billion. This means they effectively own approximately 0.1% of the company. Atkore Inc makes up 36.4% of the fund's Industrials sector allocation and has decreased its share price by 9.6% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 1,957 additional shares. This makes their stake in Ishares Tr total 1,106,589 shares worth $91.9 billion.

On the other hand, there are companies that Demars is getting rid of from its portfolio. Demars closed its position in Molina Healthcare Inc on 19th July 2024. It sold the previously owned 10,115 shares for $3.65 billion. David Demars also disclosed a decreased stake in VanEck ETF Trust by 0.1%. This leaves the value of the investment at $13.1 billion and 515,350 shares.

One of the smallest hedge funds

The two most similar investment funds to Demars are High Ground Investment Management LL.P. and I.g.y. Ltd. They manage $208 billion and $208 billion respectively.


David Demars investment strategy

Demars’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Miscellaneous — making up 8.6% of the total portfolio value. The fund focuses on investments in the United States as 49.1% 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 49% of the total holdings value. On the other hand, small-cap stocks make up only 5.3% of the portfolio. The average market cap of the portfolio companies is close to $276 billion.

The complete list of Demars trades based on 13F SEC filings

These positions were updated on July 19th 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
Ishares Tr
0.18%
1,106,589
$91,852,449,000 44.07%
Invesco Exchange Traded Fd T
6.70%
410,600
$18,784,953,000 9.01%
Spdr Ser Tr
5.27%
296,270
$14,440,222,000 6.93%
VanEck ETF Trust
13.15%
515,350
$13,146,586,000 6.31%
Select Sector Spdr Tr
7.36%
109,504
$9,981,298,000 4.79%
Apple Inc
0.18%
41,203
$8,678,130,000 4.16%
NVIDIA Corp
975.18%
42,663
$5,270,630,000 2.53%
Chubb Limited
2.29%
19,587
$4,996,186,000 2.40%
BWX Technologies Inc
4.56%
46,679
$4,434,482,000 2.13%
Marathon Pete Corp
4.67%
24,705
$4,285,872,000 2.06%
Molina Healthcare Inc
Closed
10,115
$3,654,630,000
Atkore Inc
Opened
20,616
$2,781,720,000 1.33%
Sprott Physical Gold & Silve
8.98%
91,932
$2,027,103,000 0.97%
EA Series Trust
Opened
62,979
$2,644,360,000 1.27%
Amazon.com Inc.
25.81%
8,369
$1,617,265,000 0.78%
Pepsico Inc
226.73%
5,659
$933,345,000 0.45%
Merck & Co Inc
42.92%
7,421
$918,775,000 0.44%
First Solar Inc
Opened
4,073
$918,299,000 0.44%
Microsoft Corporation
8.05%
1,941
$867,466,000 0.42%
Mastercard Incorporated
2.05%
1,957
$863,407,000 0.41%
Schwab Strategic Tr
Opened
10,181
$791,675,000 0.38%
Bristol-Myers Squibb Co.
Closed
15,051
$772,262,000
Nexstar Media Group Inc
Opened
4,613
$765,804,000 0.37%
Enbridge Inc
14.27%
21,173
$753,550,000 0.36%
Medtronic Plc
Opened
9,419
$741,369,000 0.36%
Humana Inc.
Opened
1,898
$709,188,000 0.34%
Schwab Charles Corp
15.08%
9,450
$696,371,000 0.33%
Fidelity Covington Trust
9.61%
55,487
$2,139,467,000 1.03%
Verizon Communications Inc
10.59%
15,963
$658,314,000 0.32%
Eog Res Inc
1.69%
5,126
$645,240,000 0.31%
Cigna Group (The)
Closed
2,121
$635,133,000
Phillips 66
50.81%
4,334
$611,839,000 0.29%
Eli Lilly & Co
15.74%
669
$605,721,000 0.29%
Hunt J B Trans Svcs Inc
0.33%
3,616
$578,512,000 0.28%
Dollar Gen Corp New
Closed
4,200
$570,990,000
Berkshire Hathaway Inc.
No change
1,383
$562,772,000 0.27%
Wisdomtree Tr
Opened
21,675
$544,693,000 0.26%
Wp Carey Inc
Opened
9,667
$532,168,000 0.26%
Albemarle Corp.
Closed
3,604
$520,727,000
TEGNA Inc
Closed
33,845
$517,835,000
Alphabet Inc
17.54%
2,820
$513,663,000 0.25%
Phillips Edison & Co Inc
Closed
13,572
$495,107,000
Ares Capital Corp
Closed
24,579
$492,325,000
Home Depot, Inc.
18.43%
1,425
$490,413,000 0.24%
Alexandria Real Estate Eq In
Opened
4,072
$476,302,000 0.23%
Entergy Corp.
Opened
4,269
$456,783,000 0.22%
Proshares Tr
Closed
21,347
$449,995,000
Rexford Indl Rlty Inc
Opened
9,979
$444,964,000 0.21%
Blue Owl Capital Corporation
23.97%
28,013
$430,280,000 0.21%
Lockheed Martin Corp.
62.81%
919
$429,154,000 0.21%
CME Group Inc
12.54%
2,057
$404,406,000 0.19%
Perrigo Co Plc
Closed
12,103
$389,475,000
Fidelity Covington Trust
Closed
16,629
$383,134,000
PayPal Holdings Inc
46.27%
6,455
$374,584,000 0.18%
Baxter International Inc.
Opened
10,383
$347,311,000 0.17%
Vanguard Specialized Funds
0.42%
1,882
$343,645,000 0.16%
Kroger Co.
22.57%
6,447
$321,899,000 0.15%
Ishares Tr
Closed
1,906
$314,903,000
D.R. Horton Inc.
Opened
2,123
$299,194,000 0.14%
IQVIA Holdings Inc
Opened
1,349
$285,233,000 0.14%
Cf Inds Hldgs Inc
Closed
3,504
$278,568,000
Extra Space Storage Inc.
Closed
1,726
$276,734,000
Abbott Labs
13.67%
2,621
$272,327,000 0.13%
Brookfield Asset Managmt Ltd
Closed
6,551
$263,154,000
Intercontinental Exchange In
Opened
1,920
$262,793,000 0.13%
Crown Castle Inc
35.29%
2,630
$256,951,000 0.12%
Chevron Corp.
No change
1,631
$255,121,000 0.12%
Walmart Inc
49.49%
3,492
$236,414,000 0.11%
Digital Rlty Tr Inc
Closed
1,706
$229,587,000
Procter And Gamble Co
8.95%
1,363
$224,833,000 0.11%
Exxon Mobil Corp.
15.36%
1,873
$215,661,000 0.10%
Paramount Global
Opened
15,831
$164,484,000 0.08%
Medical Pptys Trust Inc
79.83%
29,518
$127,223,000 0.06%
No transactions found
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