Tru Independence Asset Management 2 13F annual report
Tru Independence Asset Management 2 is an investment fund managing more than $98.5 billion ran by Michelle Eldridge. There are currently 57 companies in Mrs. Eldridge’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $15.1 billion.
$98.5 billion Assets Under Management (AUM)
As of 19th April 2023, Tru Independence Asset Management 2’s top holding is 27,245 shares of Microsoft currently worth over $7.85 billion and making up 8.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Tru Independence Asset Management 2 owns more than approximately 0.1% of the company.
In addition, the fund holds 26,243 shares of NVIDIA Corp worth $7.29 billion, whose value grew 103.5% in the past six months.
The third-largest holding is Amazon.com worth $5.06 billion and the next is Apple Inc worth $3.86 billion, with 23,409 shares owned.
Currently, Tru Independence Asset Management 2's portfolio is worth at least $98.5 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 Tru Independence Asset Management 2
The Tru Independence Asset Management 2 office and employees reside in Portland, Oregon. According to the last 13-F report filed with the SEC, Michelle Eldridge serves as the SR. COMPLIANCE OFFICER at Tru Independence Asset Management 2.
Recent trades
In the most recent 13F filing, Tru Independence Asset Management 2 revealed that it had opened a new position in
NVIDIA Corp and bought 26,243 shares worth $7.29 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
24.7%
of the fund's Technology sector allocation and has grown its share price by 39.7% in the past year.
The investment fund also strengthened its position in Microsoft by buying
15,227 additional shares.
This makes their stake in Microsoft total 27,245 shares worth $7.85 billion.
Microsoft soared 1.9% in the past year.
On the other hand, there are companies that Tru Independence Asset Management 2 is getting rid of from its portfolio.
Tru Independence Asset Management 2 closed its position in Ishares Tr on 26th April 2023.
It sold the previously owned 373,659 shares for $30.1 million.
Michelle Eldridge also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $3.86 billion and 23,409 shares.
One of the smaller hedge funds
The two most similar investment funds to Tru Independence Asset Management 2 are Robbie L. Kennerson P.a and Heritage Wealth Management, texas. They manage $98.6 billion and $98.6 billion respectively.
Michelle Eldridge investment strategy
Tru Independence Asset Management 2’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 30.0% of
the total portfolio value.
The fund focuses on investments in the United States as
59.6% 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
56% 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 $289 billion.
The complete list of Tru Independence Asset Management 2 trades based on 13F SEC filings
These positions were updated on April 26th 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 |
126.70%
27,245
|
$7,854,654,000 | 7.97% |
NVIDIA Corp |
Opened
26,243
|
$7,289,414,000 | 7.40% |
Amazon.com Inc. |
168.40%
48,945
|
$5,055,529,000 | 5.13% |
Apple Inc |
3.86%
23,409
|
$3,860,100,000 | 3.92% |
Thermo Fisher Scientific Inc. |
261.68%
5,729
|
$3,302,016,000 | 3.35% |
Alphabet Inc |
227.99%
45,000
|
$4,676,324,000 | 4.75% |
Lam Research Corp. |
Opened
5,813
|
$3,081,588,000 | 3.13% |
IPG Photonics Corp |
Opened
23,037
|
$2,840,692,000 | 2.88% |
Teleflex Incorporated |
Opened
11,020
|
$2,791,476,000 | 2.83% |
Intuitive Surgical Inc |
897.52%
10,843
|
$2,770,061,000 | 2.81% |
Clorox Co. |
Opened
17,449
|
$2,761,130,000 | 2.80% |
Lennar Corp. |
Opened
26,225
|
$2,756,510,000 | 2.80% |
Verisk Analytics Inc |
Opened
14,248
|
$2,733,621,000 | 2.77% |
Berkshire Hathaway Inc. |
1.52%
8,729
|
$2,695,253,000 | 2.74% |
Waters Corp. |
Opened
8,699
|
$2,693,471,000 | 2.73% |
Tractor Supply Co. |
Opened
11,401
|
$2,679,691,000 | 2.72% |
Ishares Tr |
Opened
73,919
|
$2,994,785,000 | 3.04% |
Blackrock Inc. |
Opened
3,927
|
$2,627,880,000 | 2.67% |
Paychex Inc. |
17.01%
22,532
|
$2,581,901,000 | 2.62% |
Ishares Tr |
0.27%
113,361
|
$10,525,473,000 | 10.68% |
Applied Matls Inc |
Opened
20,311
|
$2,494,786,000 | 2.53% |
Crowdstrike Holdings Inc |
Opened
16,679
|
$2,289,360,000 | 2.32% |
Ishares Gold Tr |
1.91%
47,283
|
$1,766,966,000 | 1.79% |
Copart, Inc. |
Opened
16,487
|
$1,239,987,000 | 1.26% |
Danaher Corp. |
Opened
3,240
|
$816,705,000 | 0.83% |
Meta Platforms Inc |
18.70%
3,276
|
$694,315,000 | 0.70% |
Disney Walt Co |
4.92%
6,265
|
$627,314,000 | 0.64% |
Spdr Sp 500 Etf Tr |
15.63%
1,425
|
$583,381,000 | 0.59% |
Exxon Mobil Corp. |
3.59%
5,253
|
$575,993,000 | 0.58% |
Pimco Etf Tr |
No change
5,000
|
$496,250,000 | 0.50% |
Pepsico Inc |
2.97%
2,681
|
$488,725,000 | 0.50% |
Lockheed Martin Corp. |
6.61%
1,018
|
$481,239,000 | 0.49% |
Abbvie Inc |
Opened
2,946
|
$469,544,000 | 0.48% |
Enterprise Prods Partners L |
Opened
17,402
|
$450,712,000 | 0.46% |
Biogen Inc |
Opened
1,555
|
$432,337,000 | 0.44% |
Oracle Corp. |
0.79%
4,438
|
$412,336,000 | 0.42% |
Chevron Corp. |
Opened
2,515
|
$410,401,000 | 0.42% |
Broadcom Inc. |
5.18%
623
|
$399,773,000 | 0.41% |
Kraneshares Tr |
11.71%
15,010
|
$389,660,000 | 0.40% |
Zoom Video Communications In |
7.94%
4,323
|
$319,210,000 | 0.32% |
Vanguard Index Fds |
95.17%
847
|
$318,466,000 | 0.32% |
Unilever plc |
No change
5,517
|
$286,498,000 | 0.29% |
Verizon Communications Inc |
Opened
6,925
|
$269,318,000 | 0.27% |
Abrdn Gold Etf Trust |
No change
14,000
|
$264,180,000 | 0.27% |
Ishares Inc |
Opened
8,973
|
$480,472,000 | 0.49% |
Select Sector Spdr Tr |
Opened
7,790
|
$250,449,000 | 0.25% |
Tesla Inc |
42.93%
1,194
|
$247,707,000 | 0.25% |
NextEra Energy Inc |
10.42%
3,147
|
$242,544,000 | 0.25% |
Johnson Johnson |
27.70%
1,391
|
$215,605,000 | 0.22% |
Costco Whsl Corp New |
Opened
424
|
$210,767,000 | 0.21% |
Global X Fds |
No change
10,050
|
$209,241,000 | 0.21% |
J P Morgan Exchange Traded F |
97.59%
4,151
|
$208,866,000 | 0.21% |
Vanguard Scottsdale Fds |
No change
3,510
|
$205,475,000 | 0.21% |
Freeport-McMoRan Inc |
Opened
5,000
|
$204,550,000 | 0.21% |
Global X Fds |
Opened
11,113
|
$190,583,000 | 0.19% |
Nuveen Quality Muncp Income |
No change
15,967
|
$184,100,000 | 0.19% |
Brainstorm Cell Therapeutics, Inc. |
No change
44,000
|
$145,200,000 | 0.15% |
Ishares Tr |
Closed
373,659
|
$30,095,000 | |
Direxion Shs Etf Tr |
Closed
179,238
|
$5,295,000 | |
Lilly Eli Co |
Closed
5,134
|
$1,660,000 | |
Spdr Gold Tr |
Closed
8,255
|
$1,277,000 | |
Astrazeneca plc |
Closed
13,651
|
$749,000 | |
Unitedhealth Group Inc |
Closed
1,305
|
$659,000 | |
Progressive Corp. |
Closed
4,749
|
$552,000 | |
M T Bk Corp |
Closed
2,911
|
$513,000 | |
Hess Corporation |
Closed
4,560
|
$497,000 | |
Albemarle Corp. |
Closed
1,801
|
$476,000 | |
Diamondback Energy Inc |
Closed
3,545
|
$427,000 | |
Constellation Brands, Inc. |
Closed
1,279
|
$294,000 | |
Roku Inc |
Closed
4,627
|
$261,000 | |
Keysight Technologies Inc |
Closed
1,642
|
$258,000 | |
T-Mobile US, Inc. |
Closed
1,905
|
$256,000 | |
Howmet Aerospace Inc. |
Closed
7,804
|
$241,000 | |
Qualcomm, Inc. |
Closed
2,058
|
$233,000 | |
Automatic Data Processing In |
Closed
915
|
$207,000 | |
Schwab Strategic Tr |
Closed
9,228
|
$207,000 | |
Prudential Finl Inc |
Closed
2,342
|
$201,000 | |
No transactions found | |||
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