Derbend Asset Management 13F annual report
Derbend Asset Management is an investment fund managing more than $201 billion ran by Brian Chustz. There are currently 74 companies in Mr. Chustz’s portfolio. The largest investments include Ishares Tr and J P Morgan Exchange Traded F, together worth $105 billion.
$201 billion Assets Under Management (AUM)
As of 23rd April 2024, Derbend Asset Management’s top holding is 898,525 shares of Ishares Tr currently worth over $80.2 billion and making up 39.8% of the portfolio value.
In addition, the fund holds 443,184 shares of J P Morgan Exchange Traded F worth $24.9 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $8.41 billion and the next is Apple Inc worth $8.35 billion, with 48,722 shares owned.
Currently, Derbend Asset Management's portfolio is worth at least $201 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 Derbend Asset Management
The Derbend Asset Management office and employees reside in Peachtree City, Georgia. According to the last 13-F report filed with the SEC, Brian Chustz serves as the Chief Compliance Officer at Derbend Asset Management.
Recent trades
In the most recent 13F filing, Derbend Asset Management revealed that it had opened a new position in
Blackrock Etf Trust and bought 74,077 shares worth $3.29 billion.
The investment fund also strengthened its position in Ishares Tr by buying
11,583 additional shares.
This makes their stake in Ishares Tr total 898,525 shares worth $80.2 billion.
On the other hand, there are companies that Derbend Asset Management is getting rid of from its portfolio.
Derbend Asset Management closed its position in Ishares Tr on 30th April 2024.
It sold the previously owned 8,403 shares for $618 million.
Brian Chustz also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $5.09 billion and 12,090 shares.
One of the smallest hedge funds
The two most similar investment funds to Derbend Asset Management are Lunt Capital Management and Crestmont Private Wealth. They manage $201 billion and $202 billion respectively.
Brian Chustz investment strategy
Derbend Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 7.7% of
the total portfolio value.
The fund focuses on investments in the United States as
55.4% 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
49% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $287 billion.
The complete list of Derbend Asset Management trades based on 13F SEC filings
These positions were updated on April 30th 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 |
1.31%
898,525
|
$80,167,037,000 | 39.82% |
| J P Morgan Exchange Traded F |
12.67%
443,184
|
$24,924,300,000 | 12.38% |
| Invesco Exchange Traded Fd T |
3.88%
49,646
|
$8,408,567,000 | 4.18% |
| Apple Inc |
7.95%
48,722
|
$8,354,816,000 | 4.15% |
| NVIDIA Corp |
1.72%
6,334
|
$5,722,963,000 | 2.84% |
| Microsoft Corporation |
2.25%
12,090
|
$5,086,587,000 | 2.53% |
| Tesla Inc |
8.41%
20,861
|
$3,667,155,000 | 1.82% |
| Blackrock Etf Trust |
Opened
74,077
|
$3,289,019,000 | 1.63% |
| Vanguard Index Fds |
7.50%
25,362
|
$8,204,266,000 | 4.08% |
| Intuitive Surgical Inc |
0.73%
6,753
|
$2,695,055,000 | 1.34% |
| Amazon.com Inc. |
1.42%
13,106
|
$2,364,060,000 | 1.17% |
| Visa Inc |
0.26%
8,178
|
$2,282,263,000 | 1.13% |
| Ishares Inc |
64.58%
36,722
|
$2,114,101,000 | 1.05% |
| Spdr Ser Tr |
21.95%
150,437
|
$3,687,033,000 | 1.83% |
| Schwab Strategic Tr |
3.57%
18,200
|
$1,467,466,000 | 0.73% |
| RTX Corp |
0.73%
14,579
|
$1,421,923,000 | 0.71% |
| The Southern Co. |
15.25%
19,628
|
$1,408,097,000 | 0.70% |
| NEOS ETF Trust |
77.10%
34,284
|
$1,722,340,000 | 0.86% |
| American Express Co. |
7.83%
5,685
|
$1,294,464,000 | 0.64% |
| Vanguard Mun Bd Fds |
0.05%
23,234
|
$1,175,628,000 | 0.58% |
| Invesco Exch Traded Fd Tr Ii |
29.29%
21,652
|
$1,891,236,000 | 0.94% |
| Chevron Corp. |
20.99%
7,233
|
$1,140,981,000 | 0.57% |
| Home Depot, Inc. |
0.56%
2,864
|
$1,098,444,000 | 0.55% |
| JPMorgan Chase & Co. |
9.87%
5,398
|
$1,081,190,000 | 0.54% |
| Ishares Tr |
Opened
33,658
|
$1,591,833,000 | 0.79% |
| Abbvie Inc |
28.28%
5,738
|
$1,044,972,000 | 0.52% |
| Alphabet Inc |
14.32%
9,558
|
$1,451,479,000 | 0.72% |
| Schwab Strategic Tr |
Opened
19,714
|
$906,837,000 | 0.45% |
| Walmart Inc |
225.01%
14,635
|
$880,596,000 | 0.44% |
| Palantir Technologies Inc. |
2.78%
34,305
|
$789,358,000 | 0.39% |
| Caterpillar Inc. |
21.54%
2,088
|
$765,094,000 | 0.38% |
| PayPal Holdings Inc |
20.12%
11,378
|
$762,212,000 | 0.38% |
| Vanguard Whitehall Fds |
31.34%
5,833
|
$705,735,000 | 0.35% |
| Vanguard World Fd |
0.04%
5,328
|
$701,680,000 | 0.35% |
| First Tr Value Line Divid In |
6.26%
16,376
|
$691,558,000 | 0.34% |
| NextEra Energy Inc |
26.58%
10,749
|
$686,977,000 | 0.34% |
| Exxon Mobil Corp. |
6.26%
5,707
|
$663,338,000 | 0.33% |
| Berkshire Hathaway Inc. |
Opened
1,571
|
$660,637,000 | 0.33% |
| International Business Machs |
7.26%
3,354
|
$640,568,000 | 0.32% |
| First Tr Exchange-traded Fd |
21.76%
47,167
|
$1,560,139,000 | 0.78% |
| Schwab Charles Corp |
27.81%
8,651
|
$625,799,000 | 0.31% |
| Verizon Communications Inc |
0.99%
14,095
|
$591,441,000 | 0.29% |
| Akamai Technologies Inc |
No change
5,305
|
$576,972,000 | 0.29% |
| Spdr S&p 500 Etf Tr |
4.08%
1,098
|
$574,237,000 | 0.29% |
| Spdr Gold Tr |
No change
2,500
|
$514,300,000 | 0.26% |
| Invesco Exchange Traded Fd T |
Opened
8,921
|
$504,867,000 | 0.25% |
| First Tr Exchange Traded Fd |
2.60%
4,948
|
$472,993,000 | 0.23% |
| Blackrock Etf Trust Ii |
Opened
8,394
|
$440,349,000 | 0.22% |
| Pacer Fds Tr |
56.23%
7,327
|
$425,748,000 | 0.21% |
| Dominion Energy Inc |
10.13%
8,422
|
$414,274,000 | 0.21% |
| Johnson & Johnson |
28.49%
2,543
|
$402,249,000 | 0.20% |
| AT&T, Inc. |
1.26%
22,264
|
$391,846,000 | 0.19% |
| World Gold Tr |
No change
8,652
|
$381,121,000 | 0.19% |
| Cintas Corporation |
4.00%
552
|
$379,126,000 | 0.19% |
| Procter And Gamble Co |
9.73%
2,323
|
$376,875,000 | 0.19% |
| Ishares Tr |
Closed
8,403
|
$618,284,000 | |
| Select Sector Spdr Tr |
Opened
2,296
|
$339,199,000 | 0.17% |
| Trade Desk Inc |
16.54%
3,825
|
$334,382,000 | 0.17% |
| Energy Transfer L P |
2.98%
21,083
|
$331,636,000 | 0.16% |
| Comcast Corp New |
Closed
6,943
|
$304,470,000 | |
| Vanguard Tax-managed Fds |
No change
6,067
|
$304,381,000 | 0.15% |
| Merck & Co Inc |
Opened
2,280
|
$300,843,000 | 0.15% |
| Corteva Inc |
1.05%
5,196
|
$299,674,000 | 0.15% |
| Pfizer Inc. |
4.19%
10,232
|
$283,946,000 | 0.14% |
| Target Corp |
1.02%
1,549
|
$274,571,000 | 0.14% |
| DuPont de Nemours Inc |
1.44%
3,480
|
$266,831,000 | 0.13% |
| Meta Platforms Inc |
Opened
530
|
$257,155,000 | 0.13% |
| CRISPR Therapeutics AG |
2.13%
3,673
|
$250,352,000 | 0.12% |
| Roku Inc |
31.70%
3,739
|
$243,671,000 | 0.12% |
| Vanguard Intl Equity Index F |
Opened
2,131
|
$235,476,000 | 0.12% |
| Vanguard World Fd |
Opened
2,033
|
$445,241,000 | 0.22% |
| Broadcom Inc. |
Opened
172
|
$227,580,000 | 0.11% |
| Honeywell International Inc |
0.38%
1,053
|
$216,058,000 | 0.11% |
| UDR Inc |
No change
5,491
|
$205,400,000 | 0.10% |
| United Parcel Service, Inc. |
Closed
1,305
|
$205,232,000 | |
| Pimco Etf Tr |
No change
2,035
|
$204,606,000 | 0.10% |
| Plug Power Inc |
No change
11,450
|
$39,388,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 77 holdings | |||
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