Castellan 13F annual report
Castellan is an investment fund managing more than $195 billion ran by Shannon Bradbury. There are currently 56 companies in Mrs. Bradbury’s portfolio. The largest investments include Microsoft and Modine Mfg Co, together worth $14.6 billion.
$195 billion Assets Under Management (AUM)
As of 8th May 2024, Castellan’s top holding is 17,664 shares of Microsoft currently worth over $7.43 billion and making up 3.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Castellan owns more than approximately 0.1% of the company.
In addition, the fund holds 75,228 shares of Modine Mfg Co worth $7.16 billion.
The third-largest holding is FTAI Aviation Ltd worth $6.93 billion and the next is United Rentals worth $6.54 billion, with 9,074 shares owned.
Currently, Castellan's portfolio is worth at least $195 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 Castellan
The Castellan office and employees reside in Louisville, Kentucky. According to the last 13-F report filed with the SEC, Shannon Bradbury serves as the Director of Compliance at Castellan.
Recent trades
In the most recent 13F filing, Castellan revealed that it had opened a new position in
Modine Mfg Co and bought 75,228 shares worth $7.16 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
4,437 additional shares.
This makes their stake in NVIDIA Corp total 6,785 shares worth $6.13 billion.
NVIDIA Corp soared 215.5% in the past year.
On the other hand, there are companies that Castellan is getting rid of from its portfolio.
Castellan closed its position in Gartner on 15th May 2024.
It sold the previously owned 11,719 shares for $3.94 billion.
Shannon Bradbury also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $7.43 billion and 17,664 shares.
One of the smallest hedge funds
The two most similar investment funds to Castellan are Westshore Wealth and Cypress Point Wealth Management. They manage $195 billion and $195 billion respectively.
Shannon Bradbury investment strategy
Castellan’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 17.8% of
the total portfolio value.
The fund focuses on investments in the United States as
71.4% 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
45% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $153 billion.
The complete list of Castellan trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Microsoft Corporation |
1.42%
17,664
|
$7,431,598,000 | 3.80% |
| Modine Mfg Co |
Opened
75,228
|
$7,160,953,000 | 3.67% |
| FTAI Aviation Ltd |
Opened
102,926
|
$6,926,920,000 | 3.55% |
| United Rentals, Inc. |
3.82%
9,074
|
$6,543,352,000 | 3.35% |
| Medpace Holdings Inc |
Opened
16,053
|
$6,487,820,000 | 3.32% |
| Builders Firstsource Inc |
Opened
30,258
|
$6,310,306,000 | 3.23% |
| Dream Finders Homes, Inc. |
Opened
141,973
|
$6,208,479,000 | 3.18% |
| NVIDIA Corp |
188.97%
6,785
|
$6,130,655,000 | 3.14% |
| Super Micro Computer Inc |
Opened
5,954
|
$6,013,719,000 | 3.08% |
| KLA Corp. |
7.39%
7,792
|
$5,443,257,000 | 2.79% |
| Lincoln Elec Hldgs Inc |
8.36%
21,224
|
$5,421,459,000 | 2.78% |
| Murphy USA Inc |
Opened
12,641
|
$5,299,107,000 | 2.71% |
| Caterpillar Inc. |
1.25%
14,189
|
$5,199,275,000 | 2.66% |
| Novo-nordisk A S |
43.83%
40,309
|
$5,175,676,000 | 2.65% |
| Atkore Inc |
Opened
27,027
|
$5,144,860,000 | 2.63% |
| Booking Holdings Inc |
Opened
1,412
|
$5,122,567,000 | 2.62% |
| Red Rock Resorts Inc |
Opened
84,938
|
$5,080,991,000 | 2.60% |
| Mckesson Corporation |
15.14%
9,223
|
$4,951,368,000 | 2.53% |
| NRG Energy Inc. |
18.29%
62,044
|
$4,199,758,000 | 2.15% |
| Abrdn Precious Metals Basket |
0.64%
42,732
|
$4,080,906,000 | 2.09% |
| Gartner, Inc. |
Closed
11,719
|
$3,939,225,000 | |
| Ulta Beauty Inc |
6.89%
7,477
|
$3,909,574,000 | 2.00% |
| Steel Dynamics Inc. |
Closed
39,374
|
$3,846,840,000 | |
| Spdr S&p 500 Etf Tr |
Closed
9,777
|
$3,739,018,000 | |
| Wesco International, Inc. |
Closed
29,705
|
$3,719,066,000 | |
| TFI International Inc |
Closed
37,065
|
$3,715,396,000 | |
| Merck & Co Inc |
Closed
32,788
|
$3,637,829,000 | |
| Hess Midstream LP |
Opened
96,099
|
$3,472,057,000 | 1.78% |
| Jabil Inc |
Closed
49,749
|
$3,392,882,000 | |
| Extra Space Storage Inc. |
Opened
22,603
|
$3,322,641,000 | 1.70% |
| Sysco Corp. |
Closed
42,209
|
$3,226,878,000 | |
| Deere & Co. |
Closed
7,477
|
$3,205,839,000 | |
| National Storage Affiliates |
20.41%
78,932
|
$3,090,977,000 | 1.58% |
| Grainger W W Inc |
26.70%
2,954
|
$3,005,104,000 | 1.54% |
| UDR Inc |
Opened
80,033
|
$2,994,035,000 | 1.53% |
| American Tower Corp. |
Opened
15,099
|
$2,983,411,000 | 1.53% |
| United Nat Foods Inc |
Closed
76,585
|
$2,964,605,000 | |
| Bjs Whsl Club Hldgs Inc |
Closed
44,760
|
$2,961,322,000 | |
| Crown Castle Inc |
52.15%
27,120
|
$2,870,110,000 | 1.47% |
| Delek Logistics Partners LP |
Opened
69,389
|
$2,844,255,000 | 1.46% |
| Oracle Corp. |
20.74%
22,340
|
$2,806,127,000 | 1.44% |
| Broadcom Inc. |
51.45%
2,108
|
$2,793,964,000 | 1.43% |
| NextEra Energy Partners LP |
179.48%
92,509
|
$2,782,671,000 | 1.42% |
| Elevance Health Inc |
Opened
5,201
|
$2,696,927,000 | 1.38% |
| Clearway Energy, Inc. |
Opened
116,575
|
$2,687,054,000 | 1.38% |
| Honeywell International Inc |
20.85%
13,019
|
$2,672,150,000 | 1.37% |
| Blackrock Inc. |
0.06%
3,142
|
$2,619,485,000 | 1.34% |
| Broadridge Finl Solutions In |
Opened
12,603
|
$2,581,851,000 | 1.32% |
| Snap-on, Inc. |
Opened
8,660
|
$2,565,265,000 | 1.31% |
| Ameriprise Finl Inc |
20.74%
5,806
|
$2,545,583,000 | 1.30% |
| Eaton Corp Plc |
42.83%
7,992
|
$2,498,939,000 | 1.28% |
| Lockheed Martin Corp. |
21.72%
5,447
|
$2,477,677,000 | 1.27% |
| Analog Devices Inc. |
7.34%
12,488
|
$2,470,002,000 | 1.26% |
| Parker-Hannifin Corp. |
42.15%
4,436
|
$2,465,484,000 | 1.26% |
| Evergy Inc |
Closed
39,125
|
$2,462,136,000 | |
| Getty Rlty Corp New |
Closed
72,495
|
$2,453,956,000 | |
| Lamar Advertising Co |
Closed
25,772
|
$2,432,877,000 | |
| Accenture Plc Ireland |
4.11%
6,928
|
$2,401,314,000 | 1.23% |
| Life Storage Inc |
Closed
23,885
|
$2,352,673,000 | |
| CareTrust REIT Inc |
Closed
126,385
|
$2,348,233,000 | |
| Johnson & Johnson |
Closed
13,063
|
$2,307,579,000 | |
| Air Prods & Chems Inc |
Closed
7,221
|
$2,225,945,000 | |
| Bristol-Myers Squibb Co. |
Closed
30,890
|
$2,222,536,000 | |
| Exxon Mobil Corp. |
5.66%
13,250
|
$1,540,180,000 | 0.79% |
| Select Sector Spdr Tr |
Opened
16,015
|
$1,511,976,000 | 0.77% |
| Chevron Corp. |
16.56%
8,995
|
$1,418,871,000 | 0.73% |
| Hess Corporation |
4.63%
9,270
|
$1,414,973,000 | 0.72% |
| Rio Tinto plc |
2.31%
17,963
|
$1,144,962,000 | 0.59% |
| Bhp Group Ltd |
4.87%
19,720
|
$1,137,647,000 | 0.58% |
| Stride Inc |
Opened
14,560
|
$918,008,000 | 0.47% |
| Teekay Tankers Ltd |
Opened
14,805
|
$864,760,000 | 0.44% |
| Lamb Weston Holdings Inc |
Opened
7,400
|
$788,322,000 | 0.40% |
| Innovator ETFs Trust |
Opened
46,983
|
$1,848,579,000 | 0.95% |
| Amazon.com Inc. |
Closed
8,040
|
$675,360,000 | |
| Ishares Tr |
Closed
3,300
|
$575,388,000 | |
| Axcelis Technologies Inc |
91.47%
4,700
|
$524,144,000 | 0.27% |
| Apple Inc |
95.41%
1,884
|
$323,068,000 | 0.17% |
| Netflix Inc. |
Closed
1,000
|
$294,880,000 | |
| No transactions found | |||
| Showing first 500 out of 78 holdings | |||
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