Allegheny Ltd 13F annual report

Allegheny Ltd is an investment fund managing more than $348 billion ran by Stephen Hawbaker. There are currently 185 companies in Mr. Hawbaker’s portfolio. The largest investments include Erie Indty Co and NVR, together worth $47.6 billion.

Limited to 30 biggest holdings

$348 billion Assets Under Management (AUM)

As of 25th July 2024, Allegheny Ltd’s top holding is 66,921 shares of Erie Indty Co currently worth over $24.3 billion and making up 7.0% of the portfolio value. In addition, the fund holds 3,077 shares of NVR worth $23.3 billion, whose value grew 19.4% in the past six months. The third-largest holding is Ansys worth $18.4 billion and the next is Ishares Tr worth $47.6 billion, with 626,996 shares owned.

Currently, Allegheny Ltd's portfolio is worth at least $348 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 Allegheny Ltd

The Allegheny Ltd office and employees reside in Pittsburgh, Pennsylvania. According to the last 13-F report filed with the SEC, Stephen Hawbaker serves as the Chief Compliance Officer at Allegheny Ltd.

Recent trades

In the most recent 13F filing, Allegheny Ltd revealed that it had opened a new position in Cigna and bought 3,743 shares worth $1.24 billion. This means they effectively own approximately 0.1% of the company. Cigna makes up 6.2% of the fund's Health Care sector allocation and has grown its share price by 17.9% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 132,308 additional shares. This makes their stake in Ishares Tr total 626,996 shares worth $47.6 billion.

On the other hand, there are companies that Allegheny Ltd is getting rid of from its portfolio. Allegheny Ltd closed its position in Listed Fd Tr on 1st August 2024. It sold the previously owned 104,297 shares for $3.17 billion. Stephen Hawbaker also disclosed a decreased stake in Erie Indty Co by approximately 0.1%. This leaves the value of the investment at $24.3 billion and 66,921 shares.

One of the smaller hedge funds

The two most similar investment funds to Allegheny Ltd are Beck Capital Management and Morton Community Bank. They manage $348 billion and $348 billion respectively.


Stephen Hawbaker investment strategy

Allegheny Ltd’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 14.4% of the total portfolio value. The fund focuses on investments in the United States as 51.4% 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 43% of the total holdings value. On the other hand, small-cap stocks make up only 3.8% of the portfolio. The average market cap of the portfolio companies is close to $160 billion.

The complete list of Allegheny Ltd trades based on 13F SEC filings

These positions were updated on August 1st 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
Erie Indty Co
4.85%
66,921
$24,251,852,000 6.97%
NVR Inc.
0.97%
3,077
$23,346,645,000 6.71%
Ansys Inc.
0.09%
57,144
$18,371,791,000 5.28%
Ishares Tr
26.75%
626,996
$47,583,420,000 13.68%
Apple Inc
10.61%
80,060
$16,862,317,000 4.85%
Schwab Strategic Tr
17.85%
165,434
$16,682,364,000 4.80%
Exxon Mobil Corp.
4.01%
124,592
$14,343,084,000 4.12%
Berkshire Hathaway Inc.
23.21%
29,716
$12,088,274,000 3.48%
Fidelity Merrimack Str Tr
31.97%
204,107
$9,170,522,000 2.64%
Microsoft Corporation
1.39%
20,332
$9,087,548,000 2.61%
Ppg Inds Inc
15.40%
69,490
$8,748,112,000 2.52%
Eli Lilly & Co
138.01%
7,852
$7,108,785,000 2.04%
Merck & Co Inc
2.85%
32,709
$4,049,321,000 1.16%
Spdr S&p 500 Etf Tr
11.37%
7,114
$3,871,772,000 1.11%
Listed Fd Tr
Closed
104,297
$3,174,801,000
Alphabet Inc
9.45%
29,456
$5,385,883,000 1.55%
Amazon.com Inc.
25.28%
14,997
$2,898,170,000 0.83%
Vanguard Scottsdale Fds
9.52%
19,483
$3,471,446,000 1.00%
QuinStreet Inc
8.27%
166,453
$2,761,448,000 0.79%
Procter And Gamble Co
4.88%
15,304
$2,524,002,000 0.73%
AMGEN Inc.
0.47%
7,706
$2,407,852,000 0.69%
Johnson & Johnson
13.05%
14,832
$2,167,808,000 0.62%
Union Pac Corp
5.75%
9,396
$2,126,013,000 0.61%
Berkshire Hathaway Inc.
Closed
4
$2,125,908,000
Horizon Therapeutics Pub L
Closed
18,316
$2,118,978,000
International Business Machs
3.32%
11,728
$2,028,294,000 0.58%
Invesco Exchange Traded Fd T
47.94%
20,310
$2,773,447,000 0.80%
Blackrock Mun Income Quality
29.43%
175,377
$2,009,823,000 0.58%
JPMorgan Chase & Co.
19.66%
8,570
$1,733,367,000 0.50%
Pnc Finl Svcs Group Inc
16.08%
11,016
$1,712,800,000 0.49%
Costco Whsl Corp New
10.28%
1,998
$1,698,056,000 0.49%
Abbvie Inc
28.56%
9,462
$1,622,953,000 0.47%
Vanguard Index Fds
40.67%
23,198
$5,751,842,000 1.65%
Broadcom Inc
102.88%
986
$1,582,751,000 0.46%
Summit Hotel Pptys Inc
6.30%
251,718
$1,507,787,000 0.43%
Chevron Corp.
16.97%
9,092
$1,422,096,000 0.41%
Boston Scientific Corp.
1.13%
17,670
$1,360,767,000 0.39%
Marathon Pete Corp
3.07%
7,719
$1,339,035,000 0.39%
Verizon Communications Inc
17.47%
31,116
$1,283,213,000 0.37%
Hershey Company
47.78%
6,857
$1,260,434,000 0.36%
Philip Morris International Inc
20.56%
12,368
$1,253,254,000 0.36%
Cigna Group (The)
Opened
3,743
$1,237,416,000 0.36%
Home Depot, Inc.
11.55%
3,582
$1,232,993,000 0.35%
Aflac Inc.
34.75%
13,788
$1,231,367,000 0.35%
RH
68.52%
4,900
$1,197,756,000 0.34%
Danaher Corp.
274.84%
4,603
$1,150,056,000 0.33%
Eaton Corp Plc
2.30%
3,653
$1,145,265,000 0.33%
Caterpillar Inc.
19.94%
3,417
$1,138,174,000 0.33%
Trane Technologies plc
6.49%
3,430
$1,128,230,000 0.32%
Pfizer Inc.
16.16%
38,034
$1,064,189,000 0.31%
American Express Co.
0.71%
4,550
$1,053,537,000 0.30%
Tesla Inc
11.39%
5,279
$1,044,609,000 0.30%
Qualcomm, Inc.
1.34%
4,987
$993,367,000 0.29%
Ishares Tr
Opened
16,437
$2,197,849,000 0.63%
Golar Lng
105.97%
31,108
$975,236,000 0.28%
Constellation Energy Corp
3.65%
4,835
$968,301,000 0.28%
Vertex Pharmaceuticals, Inc.
12.36%
2,021
$947,283,000 0.27%
Amplify Etf Tr
Opened
16,680
$942,436,000 0.27%
Intuitive Surgical Inc
15.06%
2,087
$928,402,000 0.27%
Dicks Sporting Goods, Inc.
17.86%
4,249
$912,933,000 0.26%
Coca-Cola Co
0.80%
14,292
$909,671,000 0.26%
Conocophillips
3.38%
7,819
$894,333,000 0.26%
Blackrock Municipal Income
21.06%
71,454
$881,746,000 0.25%
Vanguard Intl Equity Index F
Opened
14,846
$870,571,000 0.25%
Bank America Corp
1.80%
21,354
$849,239,000 0.24%
NVIDIA Corp
982.08%
6,763
$835,470,000 0.24%
AT&T Inc.
15.99%
43,239
$826,295,000 0.24%
Pepsico Inc
18.46%
5,000
$824,590,000 0.24%
Visa Inc
6.84%
3,094
$812,144,000 0.23%
Bristol-Myers Squibb Co.
2.00%
19,100
$793,215,000 0.23%
Altria Group Inc.
2.56%
16,483
$750,822,000 0.22%
Abbott Labs
28.88%
7,123
$740,183,000 0.21%
Norfolk Southn Corp
9.68%
3,395
$728,799,000 0.21%
First Comwlth Finl Corp Pa
0.95%
52,410
$723,782,000 0.21%
Mcdonalds Corp
23.44%
2,817
$717,759,000 0.21%
Deere & Co.
76.13%
1,911
$714,137,000 0.21%
GE Aerospace
0.84%
4,489
$713,547,000 0.21%
Nike, Inc.
2.38%
9,449
$712,153,000 0.20%
Meta Platforms Inc
1.29%
1,379
$695,125,000 0.20%
Etf Ser Solutions
Opened
14,368
$694,874,000 0.20%
Bank New York Mellon Corp
6.89%
11,436
$684,892,000 0.20%
Comcast Corp New
6.41%
17,110
$670,047,000 0.19%
Oracle Corp.
11.13%
4,736
$668,759,000 0.19%
Valaris Ltd
122.46%
8,925
$664,913,000 0.19%
Biogen Inc
Opened
2,860
$662,929,000 0.19%
VanEck ETF Trust
8.63%
19,440
$659,615,000 0.19%
Boeing Co.
27.60%
3,532
$642,947,000 0.18%
Cameco Corp.
14.23%
12,807
$630,104,000 0.18%
American Coastal Ins Corp
133.41%
58,677
$619,042,000 0.18%
Honeywell International Inc
39.23%
2,870
$612,915,000 0.18%
Vanguard Whitehall Fds
11.03%
5,031
$596,637,000 0.17%
Cisco Sys Inc
1.79%
12,479
$592,876,000 0.17%
Etf Managers Tr
Closed
11,593
$580,192,000
BP plc
24.64%
15,959
$576,106,000 0.17%
Adobe Inc
2.40%
1,026
$569,984,000 0.16%
Sherwin-Williams Co.
Opened
1,909
$569,799,000 0.16%
Vanguard World Fd
17.58%
2,140
$569,325,000 0.16%
MercadoLibre Inc
Opened
345
$566,973,000 0.16%
DuPont de Nemours Inc
24.92%
6,984
$562,147,000 0.16%
Range Res Corp
30.94%
16,526
$554,100,000 0.16%
Allstate Corp (The)
0.12%
3,465
$553,151,000 0.16%
Vanguard Star Fds
0.66%
9,152
$551,890,000 0.16%
The Southern Co.
1.39%
7,078
$549,004,000 0.16%
Flex Ltd
5.70%
18,415
$543,058,000 0.16%
Texas Pacific Land Corporati
71.46%
727
$533,588,000 0.15%
NextEra Energy Inc
0.63%
7,379
$522,510,000 0.15%
Unitedhealth Group Inc
22.66%
1,023
$520,912,000 0.15%
3M Co.
2.48%
5,041
$515,152,000 0.15%
Automatic Data Processing In
6.76%
2,085
$497,666,000 0.14%
Assured Guaranty Ltd
Closed
8,123
$491,604,000
Emerson Elec Co
Opened
4,247
$467,857,000 0.13%
Disney Walt Co
5.33%
4,660
$462,711,000 0.13%
Adams Diversified Equity Fd
Opened
21,150
$454,507,000 0.13%
Global Net Lease, Inc.
3.38%
60,910
$447,690,000 0.13%
Thermo Fisher Scientific Inc.
11.44%
797
$440,516,000 0.13%
Select Sector Spdr Tr
72.63%
4,832
$440,405,000 0.13%
Alcoa Corp
34.09%
10,564
$420,235,000 0.12%
General Mls Inc
0.02%
6,619
$418,712,000 0.12%
Spdr Gold Tr
7.75%
1,933
$415,547,000 0.12%
Vanguard Bd Index Fds
0.81%
8,346
$413,310,000 0.12%
Dow Inc
26.10%
7,783
$412,886,000 0.12%
Accenture Plc Ireland
5.02%
1,360
$412,627,000 0.12%
Affiliated Managers Group In
54.89%
2,630
$410,885,000 0.12%
Despegar.com Corp
Opened
30,785
$407,286,000 0.12%
Mondelez International Inc.
8.97%
6,218
$406,885,000 0.12%
Exelon Corp.
1.35%
11,684
$404,395,000 0.12%
American Intl Group Inc
Opened
5,434
$403,426,000 0.12%
Nomad Foods Ltd
70.46%
24,336
$401,057,000 0.12%
Xylem Inc
Opened
2,938
$398,472,000 0.11%
Phillips 66
5.68%
2,773
$391,424,000 0.11%
Globe Life Inc
76.00%
4,752
$390,995,000 0.11%
Select Sector Spdr Tr
Opened
4,400
$661,460,000 0.19%
Corteva Inc
27.79%
6,998
$377,480,000 0.11%
Grand Canyon Ed Inc
10.21%
2,656
$371,601,000 0.11%
Wells Fargo Co New
10.09%
6,241
$370,671,000 0.11%
CSX Corp.
Opened
11,019
$368,571,000 0.11%
Paychex Inc.
47.69%
3,007
$356,530,000 0.10%
Lowes Cos Inc
14.22%
1,590
$350,487,000 0.10%
Burford Cap Ltd
27.97%
26,590
$347,000,000 0.10%
Fortune Brands Innovations I
0.02%
5,306
$344,545,000 0.10%
Wyndham Hotels & Resorts Inc
25.85%
4,649
$344,026,000 0.10%
Prudential Finl Inc
3.54%
2,863
$335,526,000 0.10%
United Parcel Service, Inc.
0.21%
2,421
$331,278,000 0.10%
Louisiana Pac Corp
No change
4,023
$331,236,000 0.10%
Becton Dickinson & Co.
0.43%
1,401
$327,349,000 0.09%
APi Group Corporation
33.46%
8,543
$321,473,000 0.09%
Rockwell Automation Inc
Closed
1,114
$318,578,000
Walmart Inc
222.38%
4,681
$316,921,000 0.09%
Textron Inc.
Closed
3,969
$310,151,000
Us Bancorp Del
0.09%
7,671
$304,558,000 0.09%
Stagwell Inc
6.80%
44,327
$302,310,000 0.09%
MetLife, Inc.
Opened
4,306
$302,177,000 0.09%
Carlisle Cos Inc
12.62%
741
$300,261,000 0.09%
Target Corp
Closed
2,694
$297,841,000
Intel Corp.
7.19%
9,542
$295,494,000 0.08%
Sphere Entertainment Co
55.89%
8,415
$295,030,000 0.08%
Huntington Bancshares, Inc.
4.31%
22,360
$294,701,000 0.08%
Community Financial System I
0.49%
6,209
$293,150,000 0.08%
Spdr S&p Midcap 400 Etf Tr
20.58%
545
$291,733,000 0.08%
Netflix Inc.
Opened
427
$288,174,000 0.08%
Aim Etf Products Trust
Opened
19,017
$530,072,000 0.15%
Pimco Etf Tr
Closed
5,476
$274,308,000
Patria Investments Limited
44.73%
22,728
$274,100,000 0.08%
Mastercard Incorporated
Opened
613
$270,330,000 0.08%
Carmax Inc
4.87%
3,597
$263,804,000 0.08%
Howmet Aerospace Inc.
Opened
3,350
$260,069,000 0.07%
Zimmer Biomet Holdings Inc
7.70%
2,365
$256,620,000 0.07%
FTI Consulting Inc.
4.14%
1,182
$254,756,000 0.07%
Snowflake Inc.
Opened
1,874
$253,159,000 0.07%
PPL Corp
Closed
10,724
$252,654,000
Duke Energy Corp.
3.71%
2,514
$251,943,000 0.07%
Ingersoll Rand Inc.
Opened
2,749
$249,719,000 0.07%
Wisdomtree Tr
1.80%
3,512
$248,774,000 0.07%
Wsfs Finl Corp
8.68%
5,041
$236,923,000 0.07%
Morgan Stanley
Opened
2,400
$233,271,000 0.07%
Starbucks Corp.
Closed
2,523
$230,240,000
EQT Corp
15.68%
6,206
$229,502,000 0.07%
Consolidated Edison, Inc.
No change
2,537
$226,895,000 0.07%
First Tr Exchange-traded Fd
Opened
2,690
$226,068,000 0.07%
Northwest Bancshares Inc Md
62.24%
19,358
$223,586,000 0.06%
Invesco Db Multi-sector Comm
Opened
13,988
$221,708,000 0.06%
Colgate-Palmolive Co.
Opened
2,262
$219,504,000 0.06%
Fedex Corp
Opened
702
$210,615,000 0.06%
Crocs Inc
Opened
1,434
$209,278,000 0.06%
Crane Co
Opened
1,441
$208,916,000 0.06%
S & T Bancorp, Inc.
Opened
6,196
$206,892,000 0.06%
DTE Energy Co.
Closed
2,069
$205,428,000
Modine Mfg Co
Opened
2,050
$205,390,000 0.06%
Appian Corp
Closed
4,480
$204,333,000
Papa Johns Intl Inc
24.09%
4,304
$202,197,000 0.06%
Vanguard Whitehall Fds
Opened
2,940
$201,499,000 0.06%
Sotera Health Co
Opened
11,285
$133,953,000 0.04%
Annexon Inc
16.13%
25,200
$123,480,000 0.04%
Lifecore Biomedical Inc
Opened
10,085
$51,736,000 0.01%
Anywhere Real Estate Inc
Opened
10,764
$35,629,000 0.01%
Bluebird bio Inc
Opened
25,000
$24,605,000 0.01%
Lineage Cell Therapeutics In
No change
20,000
$19,946,000 0.01%
Microvision Inc.
4.05%
12,859
$13,631,000 0.00%
Virnetx Hldg Corp
Closed
17,515
$4,451,000
No transactions found
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