Galvin, Gaustad & Stein 13F annual report
Galvin, Gaustad & Stein is an investment fund managing more than $1.07 trillion ran by Kim Jamieson. There are currently 113 companies in Mrs. Jamieson’s portfolio. The largest investments include Ishares Tr and Unitedhealth Inc, together worth $212 billion.
$1.07 trillion Assets Under Management (AUM)
As of 10th July 2024, Galvin, Gaustad & Stein’s top holding is 2,313,498 shares of Ishares Tr currently worth over $177 billion and making up 16.5% of the portfolio value.
In addition, the fund holds 67,969 shares of Unitedhealth Inc worth $34.6 billion, whose value grew 4.6% in the past six months.
The third-largest holding is Microsoft worth $34.3 billion and the next is Vanguard Tax-managed Fds worth $32.5 billion, with 657,448 shares owned.
Currently, Galvin, Gaustad & Stein's portfolio is worth at least $1.07 trillion. 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 Galvin, Gaustad & Stein
The Galvin, Gaustad & Stein office and employees reside in Scottsdale, Arizona. According to the last 13-F report filed with the SEC, Kim Jamieson serves as the Chief Compliance Officer at Galvin, Gaustad & Stein.
Recent trades
In the most recent 13F filing, Galvin, Gaustad & Stein revealed that it had opened a new position in
Labcorp and bought 89,133 shares worth $18.1 billion.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
23.6%
of the fund's Health Care sector allocation and has grown its share price by 1.8% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
177,594 additional shares.
This makes their stake in Ishares Tr total 2,313,498 shares worth $177 billion.
On the other hand, there are companies that Galvin, Gaustad & Stein is getting rid of from its portfolio.
Galvin, Gaustad & Stein closed its position in Laboratory Corp Amer Hldgs on 17th July 2024.
It sold the previously owned 93,885 shares for $20.5 billion.
Kim Jamieson also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $34.3 billion and 76,647 shares.
One of the average hedge funds
The two most similar investment funds to Galvin, Gaustad & Stein are Sofi Wealth and Foster Dykema Cabot & Partners. They manage $1.08 trillion and $1.07 trillion respectively.
Kim Jamieson investment strategy
Galvin, Gaustad & Stein’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 11.6% of
the total portfolio value.
The fund focuses on investments in the United States as
49.6% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 3.5% of the portfolio.
The average market cap of the portfolio companies is close to $241 billion.
The complete list of Galvin, Gaustad & Stein trades based on 13F SEC filings
These positions were updated on July 17th 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 |
8.31%
2,313,498
|
$177,359,424,000 | 16.50% |
| Unitedhealth Group Inc |
5.49%
67,969
|
$34,613,639,000 | 3.22% |
| Microsoft Corporation |
4.02%
76,647
|
$34,257,178,000 | 3.19% |
| Vanguard Tax-managed Fds |
0.95%
657,448
|
$32,491,091,000 | 3.02% |
| JPMorgan Chase & Co. |
7.42%
149,579
|
$30,253,942,000 | 2.81% |
| Bank New York Mellon Corp |
1.50%
501,313
|
$30,023,620,000 | 2.79% |
| Apple Inc |
1.96%
141,853
|
$29,877,149,000 | 2.78% |
| Coca-Cola Co |
2.18%
436,189
|
$27,763,431,000 | 2.58% |
| Vanguard Intl Equity Index F |
4.92%
424,620
|
$34,051,124,000 | 3.17% |
| Amazon.com Inc. |
2.63%
122,558
|
$23,684,319,000 | 2.20% |
| Electronic Arts, Inc. |
0.52%
163,354
|
$22,760,110,000 | 2.12% |
| Schwab Strategic Tr |
1.61%
891,501
|
$41,264,310,000 | 3.84% |
| Visa Inc |
1.86%
84,672
|
$22,223,978,000 | 2.07% |
| Autozone Inc. |
0.49%
7,424
|
$22,005,893,000 | 2.05% |
| Procter And Gamble Co |
4.91%
131,557
|
$21,696,321,000 | 2.02% |
| Laboratory Corp Amer Hldgs |
Closed
93,885
|
$20,510,119,000 | |
| Costco Whsl Corp New |
9.59%
23,838
|
$20,261,896,000 | 1.89% |
| Waste Mgmt Inc Del |
19.49%
94,508
|
$20,162,315,000 | 1.88% |
| Zoom Video Communications In |
5.07%
315,670
|
$18,684,478,000 | 1.74% |
| Brown-Forman Corporation |
Closed
354,236
|
$18,285,673,000 | |
| Labcorp Holdings Inc. |
Opened
89,133
|
$18,139,494,000 | 1.69% |
| Copart, Inc. |
19.57%
333,767
|
$18,076,839,000 | 1.68% |
| Ge Healthcare Technologies I |
3.48%
231,801
|
$18,061,898,000 | 1.68% |
| Home Depot, Inc. |
0.35%
52,347
|
$18,020,091,000 | 1.68% |
| Union Pac Corp |
6.77%
77,455
|
$17,524,955,000 | 1.63% |
| Vertex Pharmaceuticals, Inc. |
33.86%
36,685
|
$17,194,993,000 | 1.60% |
| Eog Res Inc |
3.14%
135,374
|
$17,039,578,000 | 1.59% |
| Taiwan Semiconductor Mfg Ltd |
471.01%
97,712
|
$16,983,301,000 | 1.58% |
| Alphabet Inc |
6.05%
165,943
|
$30,343,495,000 | 2.82% |
| American Express Co. |
19.94%
69,572
|
$16,109,403,000 | 1.50% |
| PPL Corp |
0.53%
579,002
|
$16,009,410,000 | 1.49% |
| Vanguard Bd Index Fds |
0.94%
461,428
|
$34,091,851,000 | 3.17% |
| Wells Fargo Co New |
1.39%
11,778
|
$14,003,689,000 | 1.30% |
| Honeywell International Inc |
752.77%
65,365
|
$13,958,118,000 | 1.30% |
| Nike, Inc. |
4.35%
160,319
|
$12,083,278,000 | 1.12% |
| Ishares Inc |
11.03%
220,141
|
$11,784,168,000 | 1.10% |
| Match Group Inc. |
3.38%
370,316
|
$11,250,200,000 | 1.05% |
| Vanguard Scottsdale Fds |
4.88%
239,659
|
$18,820,048,000 | 1.75% |
| Chevron Corp. |
2.28%
63,696
|
$9,963,335,000 | 0.93% |
| Vanguard Index Fds |
1.77%
128,885
|
$18,212,063,000 | 1.69% |
| Mastercard Incorporated |
4.07%
10,058
|
$4,437,133,000 | 0.41% |
| NVIDIA Corp |
1,061.60%
35,754
|
$4,416,997,000 | 0.41% |
| Vanguard Mun Bd Fds |
7.38%
69,871
|
$3,501,241,000 | 0.33% |
| J P Morgan Exchange Traded F |
3.57%
220,755
|
$11,618,441,000 | 1.08% |
| Fidelity Covington Trust |
13.33%
177,307
|
$5,254,291,000 | 0.49% |
| Exxon Mobil Corp. |
3.74%
21,583
|
$2,484,686,000 | 0.23% |
| Johnson & Johnson |
0.92%
16,007
|
$2,339,583,000 | 0.22% |
| Vanguard Specialized Funds |
2.12%
10,512
|
$1,919,024,000 | 0.18% |
| Fidelity Merrimack Str Tr |
3.44%
42,206
|
$1,896,303,000 | 0.18% |
| Eli Lilly & Co |
3.60%
1,954
|
$1,769,183,000 | 0.16% |
| Berkshire Hathaway Inc. |
1.50%
4,193
|
$2,317,732,000 | 0.22% |
| Meta Platforms Inc |
35.19%
2,820
|
$1,421,911,000 | 0.13% |
| Select Sector Spdr Tr |
13.74%
53,433
|
$4,235,212,000 | 0.39% |
| Quest Diagnostics, Inc. |
137.65%
10,169
|
$1,391,933,000 | 0.13% |
| United Parcel Service, Inc. |
3.29%
9,023
|
$1,234,797,000 | 0.11% |
| Discover Finl Svcs |
0.76%
9,084
|
$1,188,278,000 | 0.11% |
| Uber Technologies Inc |
15.66%
15,879
|
$1,154,086,000 | 0.11% |
| Philip Morris International Inc |
122.64%
10,789
|
$1,093,219,000 | 0.10% |
| Starbucks Corp. |
93.86%
12,978
|
$1,010,300,000 | 0.09% |
| Bok Finl Corp |
No change
10,815
|
$991,087,000 | 0.09% |
| Enterprise Prods Partners L |
13.42%
33,810
|
$979,814,000 | 0.09% |
| Blackrock Inc. |
6.05%
1,227
|
$965,853,000 | 0.09% |
| ServiceNow Inc |
48.67%
1,115
|
$877,137,000 | 0.08% |
| Spdr S&p 500 Etf Tr |
0.64%
1,562
|
$850,072,000 | 0.08% |
| Spdr Ser Tr |
Closed
16,151
|
$812,060,000 | |
| Crowdstrike Holdings Inc |
12.18%
1,910
|
$731,987,000 | 0.07% |
| Altria Group Inc. |
58.13%
15,253
|
$694,774,000 | 0.06% |
| Blackstone Inc |
6.97%
5,529
|
$684,457,000 | 0.06% |
| Vanguard World Fd |
9.61%
5,645
|
$1,271,839,000 | 0.12% |
| General Dynamics Corp. |
2.14%
2,286
|
$663,115,000 | 0.06% |
| Palo Alto Networks Inc |
2.38%
1,894
|
$642,089,000 | 0.06% |
| TE Connectivity Ltd |
54.80%
4,254
|
$639,879,000 | 0.06% |
| AMGEN Inc. |
5.36%
2,032
|
$634,978,000 | 0.06% |
| Proshares Tr |
4.47%
13,215
|
$1,200,240,000 | 0.11% |
| Lowes Cos Inc |
0.07%
2,840
|
$626,018,000 | 0.06% |
| Spdr Ser Tr |
13.83%
31,294
|
$1,164,565,000 | 0.11% |
| Mckesson Corporation |
8.60%
1,052
|
$614,603,000 | 0.06% |
| Walmart Inc |
12.36%
8,977
|
$607,866,000 | 0.06% |
| Abbvie Inc |
0.46%
3,470
|
$595,120,000 | 0.06% |
| Truist Finl Corp |
45.39%
14,905
|
$579,059,000 | 0.05% |
| Disney Walt Co |
Closed
4,520
|
$553,067,000 | |
| Merck & Co Inc |
0.76%
4,433
|
$548,776,000 | 0.05% |
| RTX Corp |
3.39%
5,188
|
$520,823,000 | 0.05% |
| Pfizer Inc. |
Opened
17,700
|
$495,246,000 | 0.05% |
| Invesco Exchange Traded Fd T |
1.68%
8,147
|
$812,962,000 | 0.08% |
| Constellation Energy Corp |
17.24%
2,400
|
$480,648,000 | 0.04% |
| Cisco Sys Inc |
53.62%
9,742
|
$462,858,000 | 0.04% |
| Goldman Sachs Group, Inc. |
0.60%
1,013
|
$458,120,000 | 0.04% |
| Vanguard Whitehall Fds |
1.02%
7,589
|
$691,458,000 | 0.06% |
| Wisdomtree Tr |
No change
5,700
|
$444,885,000 | 0.04% |
| Bank America Corp |
0.09%
7,440
|
$689,061,000 | 0.06% |
| Dimensional Etf Trust |
24.04%
24,262
|
$748,294,000 | 0.07% |
| Fidelity Covington Trust |
Opened
2,166
|
$371,512,000 | 0.03% |
| Tesla Inc |
No change
1,764
|
$349,063,000 | 0.03% |
| American Intl Group Inc |
0.24%
4,520
|
$335,575,000 | 0.03% |
| Asml Holding N V |
13.54%
313
|
$320,114,000 | 0.03% |
| Deere & Co. |
0.37%
818
|
$305,474,000 | 0.03% |
| Icon Plc |
No change
972
|
$304,693,000 | 0.03% |
| Valero Energy Corp. |
5.76%
1,880
|
$294,709,000 | 0.03% |
| Ishares Tr |
Opened
1,650
|
$281,754,000 | 0.03% |
| Lockheed Martin Corp. |
21.13%
602
|
$281,354,000 | 0.03% |
| Spdr Dow Jones Indl Average |
No change
675
|
$264,013,000 | 0.02% |
| Invesco Exch Traded Fd Tr Ii |
No change
3,985
|
$258,826,000 | 0.02% |
| Cardinal Health, Inc. |
Closed
2,228
|
$249,348,000 | |
| Royal Bk Cda |
No change
2,298
|
$244,461,000 | 0.02% |
| Okta Inc |
8.51%
2,550
|
$238,726,000 | 0.02% |
| Direxion Shs Etf Tr |
No change
16,235
|
$393,933,000 | 0.04% |
| Vanguard Scottsdale Fds |
Opened
4,035
|
$232,739,000 | 0.02% |
| Ishares Gold Tr |
33.44%
5,194
|
$228,172,000 | 0.02% |
| Kenvue Inc |
Closed
10,548
|
$226,358,000 | |
| Ishares Tr |
Closed
777
|
$223,805,000 | |
| Linde Plc. |
0.40%
508
|
$222,937,000 | 0.02% |
| Intuit Inc |
2.11%
339
|
$222,730,000 | 0.02% |
| Vanguard Bd Index Fds |
Closed
4,450
|
$220,498,000 | |
| Conocophillips |
53.45%
1,914
|
$218,923,000 | 0.02% |
| Simon Ppty Group Inc New |
Opened
1,442
|
$218,860,000 | 0.02% |
| Oracle Corp. |
Closed
1,741
|
$218,687,000 | |
| Broadcom Inc. |
Opened
132
|
$212,514,000 | 0.02% |
| Mondelez International Inc. |
Opened
3,246
|
$212,418,000 | 0.02% |
| Verizon Communications Inc |
2.56%
5,063
|
$208,813,000 | 0.02% |
| Intel Corp. |
Closed
4,649
|
$205,346,000 | |
| 3M Co. |
64.06%
1,997
|
$204,073,000 | 0.02% |
| Dimensional Etf Trust |
Opened
7,028
|
$202,265,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 123 holdings | |||
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