Legal Advantage Investments 13F annual report
Legal Advantage Investments is an investment fund managing more than $174 billion ran by David Spector. There are currently 92 companies in Mr. Spector’s portfolio. The largest investments include VSE and Fiserv, together worth $20.3 billion.
$174 billion Assets Under Management (AUM)
As of 4th July 2024, Legal Advantage Investments’s top holding is 134,538 shares of VSE currently worth over $11.9 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of VSE, Legal Advantage Investments owns more than approximately 0.1% of the company.
In addition, the fund holds 56,287 shares of Fiserv worth $8.39 billion, whose value grew 9.2% in the past six months.
The third-largest holding is Transdigm worth $8.05 billion and the next is Microsoft worth $6.87 billion, with 15,366 shares owned.
Currently, Legal Advantage Investments's portfolio is worth at least $174 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 Legal Advantage Investments
The Legal Advantage Investments office and employees reside in Los Altos Hills, California. According to the last 13-F report filed with the SEC, David Spector serves as the Chief Compliance Officer at Legal Advantage Investments.
Recent trades
In the most recent 13F filing, Legal Advantage Investments revealed that it had opened a new position in
Palantir Technologies and bought 41,000 shares worth $1.04 billion.
This means they effectively own approximately 0.1% of the company.
Palantir Technologies makes up
1.9%
of the fund's Technology sector allocation and has grown its share price by 66.1% in the past year.
The investment fund also strengthened its position in Palo Alto Networks Inc by buying
500 additional shares.
This makes their stake in Palo Alto Networks Inc total 13,425 shares worth $4.55 billion.
Palo Alto Networks Inc soared 34.7% in the past year.
On the other hand, there are companies that Legal Advantage Investments is getting rid of from its portfolio.
Legal Advantage Investments closed its position in Shockwave Med Inc on 11th July 2024.
It sold the previously owned 4,995 shares for $1.63 billion.
David Spector also disclosed a decreased stake in VSE by 0.2%.
This leaves the value of the investment at $11.9 billion and 134,538 shares.
One of the smallest hedge funds
The two most similar investment funds to Legal Advantage Investments are Alpine Peaks Capital, L.P. and Cerro Pacific Wealth Advisors. They manage $174 billion and $174 billion respectively.
David Spector investment strategy
Legal Advantage Investments’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 31.5% of
the total portfolio value.
The fund focuses on investments in the United States as
64.1% 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
65% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $173 billion.
The complete list of Legal Advantage Investments trades based on 13F SEC filings
These positions were updated on July 11th 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 |
|---|---|---|---|
| VSE Corp. |
17.85%
134,538
|
$11,877,015,000 | 6.84% |
| Fiserv, Inc. |
0.79%
56,287
|
$8,389,014,000 | 4.83% |
| Transdigm Group Incorporated |
2.70%
6,301
|
$8,050,655,000 | 4.64% |
| Microsoft Corporation |
No change
15,366
|
$6,867,842,000 | 3.96% |
| Adobe Inc |
No change
11,078
|
$6,154,284,000 | 3.55% |
| Amazon.com Inc. |
No change
29,275
|
$5,657,421,000 | 3.26% |
| Disney Walt Co |
No change
54,803
|
$5,441,351,000 | 3.13% |
| Tyler Technologies, Inc. |
No change
10,173
|
$5,114,618,000 | 2.95% |
| Intuit Inc |
No change
7,553
|
$4,963,782,000 | 2.86% |
| Schwab Charles Corp |
4.33%
61,800
|
$4,554,042,000 | 2.62% |
| Palo Alto Networks Inc |
3.87%
13,425
|
$4,551,209,000 | 2.62% |
| Thermo Fisher Scientific Inc. |
No change
8,199
|
$4,533,846,000 | 2.61% |
| Vanguard Index Fds |
No change
14,322
|
$3,831,278,000 | 2.21% |
| Veeva Sys Inc |
No change
20,840
|
$3,813,928,000 | 2.20% |
| Applied Matls Inc |
No change
14,781
|
$3,488,260,000 | 2.01% |
| Boeing Co. |
0.21%
18,571
|
$3,380,059,000 | 1.95% |
| Northrop Grumman Corp. |
1.19%
6,641
|
$2,895,144,000 | 1.67% |
| Oracle Corp. |
No change
20,262
|
$2,861,056,000 | 1.65% |
| NVIDIA Corp |
1,122.69%
23,060
|
$2,848,832,000 | 1.64% |
| Meta Platforms Inc |
1.16%
5,600
|
$2,823,632,000 | 1.63% |
| Elbit Sys Ltd |
No change
15,722
|
$2,777,039,000 | 1.60% |
| Henry Schein Inc. |
2.06%
42,840
|
$2,746,044,000 | 1.58% |
| Idexx Labs Inc |
No change
4,990
|
$2,431,128,000 | 1.40% |
| Apple Inc |
No change
11,537
|
$2,429,923,000 | 1.40% |
| Netflix Inc. |
No change
3,427
|
$2,312,557,000 | 1.33% |
| MercadoLibre Inc |
1.48%
1,371
|
$2,253,101,000 | 1.30% |
| Asml Holding N V |
20.53%
2,202
|
$2,252,051,000 | 1.30% |
| SS&C Technologies Holdings Inc |
0.70%
35,312
|
$2,213,004,000 | 1.27% |
| RTX Corp |
1.08%
21,356
|
$2,143,911,000 | 1.24% |
| Moog Inc. |
1.58%
12,490
|
$2,089,577,000 | 1.20% |
| Spdr Ser Tr |
1.86%
21,115
|
$1,957,594,000 | 1.13% |
| Analog Devices Inc. |
No change
7,328
|
$1,672,689,000 | 0.96% |
| Shockwave Med Inc |
Closed
4,995
|
$1,626,522,000 | |
| Lockheed Martin Corp. |
No change
3,470
|
$1,620,837,000 | 0.93% |
| Shopify Inc |
No change
24,510
|
$1,618,886,000 | 0.93% |
| Fidelity National Financial Inc |
0.64%
31,180
|
$1,540,916,000 | 0.89% |
| Ulta Beauty Inc |
3.26%
3,855
|
$1,487,529,000 | 0.86% |
| Alphabet Inc |
No change
12,100
|
$2,214,175,000 | 1.28% |
| Salesforce Inc |
0.45%
5,546
|
$1,425,877,000 | 0.82% |
| Block Inc |
0.24%
20,560
|
$1,325,914,000 | 0.76% |
| Taiwan Semiconductor Mfg Ltd |
No change
7,610
|
$1,322,694,000 | 0.76% |
| L3Harris Technologies Inc |
No change
5,517
|
$1,239,093,000 | 0.71% |
| Trane Technologies plc |
10.01%
3,598
|
$1,183,490,000 | 0.68% |
| Zoetis Inc |
No change
6,825
|
$1,183,182,000 | 0.68% |
| Comcast Corp New |
3.26%
29,698
|
$1,162,974,000 | 0.67% |
| JPMorgan Chase & Co. |
No change
5,703
|
$1,153,489,000 | 0.66% |
| Mastercard Incorporated |
No change
2,400
|
$1,058,784,000 | 0.61% |
| Zimmer Biomet Holdings Inc |
No change
9,739
|
$1,056,970,000 | 0.61% |
| Palantir Technologies Inc. |
Opened
41,000
|
$1,038,530,000 | 0.60% |
| Sprout Social, Inc. |
52.70%
28,975
|
$1,033,828,000 | 0.60% |
| Bio-Techne Corp |
No change
13,235
|
$948,288,000 | 0.55% |
| Vertex Pharmaceuticals, Inc. |
No change
1,830
|
$857,758,000 | 0.49% |
| Visa Inc |
No change
3,250
|
$853,028,000 | 0.49% |
| KLA Corp. |
No change
1,000
|
$824,510,000 | 0.47% |
| Fortune Brands Innovations I |
Opened
12,000
|
$779,280,000 | 0.45% |
| General Dynamics Corp. |
No change
2,600
|
$754,364,000 | 0.43% |
| Fedex Corp |
Closed
2,530
|
$733,042,000 | |
| Mckesson Corporation |
No change
1,231
|
$719,006,000 | 0.41% |
| Airbnb, Inc. |
Closed
4,283
|
$706,453,000 | |
| Zscaler Inc |
75.00%
3,500
|
$672,665,000 | 0.39% |
| American Express Co. |
No change
2,900
|
$671,495,000 | 0.39% |
| AMGEN Inc. |
0.24%
2,130
|
$665,518,000 | 0.38% |
| Semler Scientific Inc |
Closed
22,219
|
$649,017,000 | |
| PTC Inc |
No change
3,500
|
$635,845,000 | 0.37% |
| Fidelity Natl Information Sv |
No change
8,400
|
$633,024,000 | 0.36% |
| Berkshire Hathaway Inc. |
No change
501
|
$815,641,000 | 0.47% |
| International Business Machs |
3.51%
3,484
|
$602,558,000 | 0.35% |
| Illumina Inc |
Closed
4,305
|
$591,163,000 | |
| Willis Towers Watson Plc Ltd |
No change
2,215
|
$580,640,000 | 0.33% |
| Bhp Group Ltd |
No change
10,118
|
$577,658,000 | 0.33% |
| Inmode Ltd |
0.64%
30,820
|
$562,157,000 | 0.32% |
| Chegg Inc |
Closed
73,000
|
$552,610,000 | |
| CyberArk Software Ltd |
No change
2,000
|
$546,840,000 | 0.32% |
| Lam Research Corp. |
No change
500
|
$532,425,000 | 0.31% |
| Genedx Holdings Corp |
Opened
19,800
|
$517,572,000 | 0.30% |
| Walmart Inc |
No change
7,500
|
$507,825,000 | 0.29% |
| NICE Ltd |
195.00%
2,950
|
$507,312,000 | 0.29% |
| Merck & Co Inc |
No change
4,000
|
$495,200,000 | 0.29% |
| Crowdstrike Holdings Inc |
Closed
1,470
|
$471,267,000 | |
| ON Semiconductor Corp. |
9.03%
6,550
|
$449,002,000 | 0.26% |
| Chubb Limited |
No change
1,750
|
$446,390,000 | 0.26% |
| D.R. Horton Inc. |
No change
3,075
|
$433,360,000 | 0.25% |
| Alibaba Group Hldg Ltd |
No change
5,450
|
$392,400,000 | 0.23% |
| Rio Tinto plc |
No change
5,700
|
$375,801,000 | 0.22% |
| EBay Inc. |
No change
6,650
|
$357,238,000 | 0.21% |
| Aflac Inc. |
No change
3,800
|
$339,378,000 | 0.20% |
| Astrazeneca plc |
No change
4,350
|
$339,256,000 | 0.20% |
| Pulte Group Inc |
No change
3,020
|
$332,502,000 | 0.19% |
| Fiverr Intl Ltd |
No change
14,000
|
$328,020,000 | 0.19% |
| Schrodinger, Inc. |
0.88%
16,955
|
$327,910,000 | 0.19% |
| Insperity Inc |
No change
3,250
|
$296,432,000 | 0.17% |
| DocuSign Inc |
Closed
4,965
|
$295,666,000 | |
| Model N Inc |
Closed
10,100
|
$287,547,000 | |
| JFrog Ltd |
50.00%
7,500
|
$281,625,000 | 0.16% |
| Snowflake Inc. |
33.33%
2,000
|
$270,180,000 | 0.16% |
| Mcdonalds Corp |
Closed
900
|
$253,755,000 | |
| Johnson & Johnson |
No change
1,673
|
$244,526,000 | 0.14% |
| Ge Healthcare Technologies I |
No change
3,030
|
$236,098,000 | 0.14% |
| Lowes Cos Inc |
Closed
898
|
$228,748,000 | |
| Century Cmntys Inc |
No change
2,650
|
$216,399,000 | 0.12% |
| Okta Inc |
Closed
2,000
|
$209,240,000 | |
| Lennar Corp. |
No change
1,500
|
$209,145,000 | 0.12% |
| Travelers Companies Inc. |
No change
1,000
|
$203,340,000 | 0.12% |
| Medtronic Plc |
No change
2,546
|
$200,396,000 | 0.12% |
| Baidu Inc |
Closed
1,900
|
$200,032,000 | |
| No transactions found | |||
| Showing first 500 out of 105 holdings | |||
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