Berkshire Money Management is an investment fund managing more than $771 billion ran by Allen Harris. There are currently 53 companies in Mr. Harris’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Spdr Dow Jones Indl Average, together worth $273 billion.
As of 12th July 2024, Berkshire Money Management’s top holding is 373,201 shares of Spdr S&p 500 Etf Tr currently worth over $195 billion and making up 25.3% of the portfolio value.
In addition, the fund holds 196,642 shares of Spdr Dow Jones Indl Average worth $78.2 billion.
The third-largest holding is Direxion Shs Etf Tr worth $69.7 billion and the next is Innovator ETFs Trust worth $85.8 billion, with 2,347,008 shares owned.
Currently, Berkshire Money Management's portfolio is worth at least $771 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.
The Berkshire Money Management office and employees reside in Dalton, Massachusetts. According to the last 13-F report filed with the SEC, Allen Harris serves as the CEO, CIO, and CCO at Berkshire Money Management.
In the most recent 13F filing, Berkshire Money Management revealed that it had opened a new position in
Microsoft and bought 8,233 shares worth $3.46 billion.
This means they effectively own approximately 0.1% of the company.
Microsoft makes up
60.3%
of the fund's Technology sector allocation and has grown its share price by 24.9% in the past year.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
27,869 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 373,201 shares worth $195 billion.
On the other hand, there are companies that Berkshire Money Management is getting rid of from its portfolio.
Berkshire Money Management closed its position in Pfizer on 19th July 2024.
It sold the previously owned 21,255 shares for $612 million.
Allen Harris also disclosed a decreased stake in Spdr Dow Jones Indl Average by approximately 0.1%.
This leaves the value of the investment at $78.2 billion and 196,642 shares.
The two most similar investment funds to Berkshire Money Management are Lake Street Private Wealth and Relative Value Partners. They manage $752 billion and $752 billion respectively.
Berkshire Money Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Miscellaneous — making up 13.9% of
the total portfolio value.
The fund focuses on investments in the United States as
41.5% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 9.4% of the portfolio.
The average market cap of the portfolio companies is close to $379 billion.
These positions were updated on July 19th 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
8.07%
373,201
|
$195,210,178,000 | 25.33% |
| Spdr Dow Jones Indl Average |
2.07%
196,642
|
$78,216,254,000 | 10.15% |
| Direxion Shs Etf Tr |
2.40%
780,857
|
$69,652,424,000 | 9.04% |
| Innovator ETFs Trust |
38.18%
2,347,008
|
$85,836,147,000 | 11.14% |
| Vanguard Specialized Funds |
1.65%
307,039
|
$56,068,466,000 | 7.28% |
| Ishares Tr |
2.11%
501,956
|
$98,780,449,000 | 12.82% |
| Vanguard Bd Index Fds |
13.06%
511,153
|
$39,190,101,000 | 5.09% |
| Spdr Ser Tr |
162.90%
1,651,343
|
$57,182,585,000 | 7.42% |
| Vanguard Index Fds |
8.76%
79,909
|
$27,348,398,000 | 3.55% |
| VanEck ETF Trust |
60.18%
227,182
|
$20,423,662,000 | 2.65% |
| Select Sector Spdr Tr |
13.90%
31,067
|
$4,589,468,000 | 0.60% |
| Apple Inc |
27.43%
26,643
|
$4,568,697,000 | 0.59% |
| Vanguard World Fd |
46.45%
23,852
|
$4,457,224,000 | 0.58% |
| Invesco Exchange Traded Fd T |
7.50%
23,394
|
$3,962,242,000 | 0.51% |
| Microsoft Corporation |
Opened
8,233
|
$3,463,754,000 | 0.45% |
| Exxon Mobil Corp. |
7.18%
12,810
|
$1,488,994,000 | 0.19% |
| Vanguard Index Fds |
Opened
6,200
|
$1,461,914,000 | 0.19% |
| Amazon.com Inc. |
Opened
7,299
|
$1,316,647,000 | 0.17% |
| Ishares Tr |
Opened
15,572
|
$2,658,421,000 | 0.34% |
| NVIDIA Corp |
Opened
958
|
$865,864,000 | 0.11% |
| Spdr S&p Midcap 400 Etf Tr |
Opened
1,405
|
$781,861,000 | 0.10% |
| Vanguard Scottsdale Fds |
Opened
8,310
|
$642,447,000 | 0.08% |
| Proshares Tr |
Opened
6,149
|
$623,571,000 | 0.08% |
| Berkshire Hathaway Inc. |
Opened
1,472
|
$619,006,000 | 0.08% |
| Pfizer Inc. |
Closed
21,255
|
$611,918,000 | |
| Invesco Exch Trd Slf Idx Fd |
36.61%
28,942
|
$555,976,000 | 0.07% |
| Schwab Strategic Tr |
24.66%
7,989
|
$538,370,000 | 0.07% |
| Vanguard Admiral Fds Inc |
Opened
2,930
|
$528,778,000 | 0.07% |
| Meta Platforms Inc |
Opened
1,001
|
$486,168,000 | 0.06% |
| Schwab Strategic Tr |
Opened
7,690
|
$477,242,000 | 0.06% |
| Spdr Ser Tr |
Opened
4,616
|
$807,770,000 | 0.10% |
| Park Natl Corp |
Opened
3,228
|
$438,524,000 | 0.06% |
| Wisdomtree Tr |
Opened
6,000
|
$433,140,000 | 0.06% |
| Costco Whsl Corp New |
Opened
577
|
$422,802,000 | 0.05% |
| RTX Corp |
Opened
3,983
|
$388,462,000 | 0.05% |
| Alphabet Inc |
Opened
3,814
|
$577,557,000 | 0.07% |
| Qualcomm, Inc. |
Opened
2,100
|
$355,530,000 | 0.05% |
| Innovator ETFs Trust |
Opened
29,574
|
$1,108,887,000 | 0.14% |
| Visa Inc |
Opened
1,104
|
$308,105,000 | 0.04% |
| Parker-Hannifin Corp. |
Opened
552
|
$306,797,000 | 0.04% |
| JPMorgan Chase & Co. |
Opened
1,510
|
$302,453,000 | 0.04% |
| General Dynamics Corp. |
Opened
1,059
|
$299,157,000 | 0.04% |
| Emerson Elec Co |
Opened
2,510
|
$284,685,000 | 0.04% |
| Hilton Worldwide Holdings Inc |
Opened
1,307
|
$278,797,000 | 0.04% |
| Tesla Inc |
Opened
1,503
|
$264,213,000 | 0.03% |
| Invesco Exch Trd Slf Idx Fd |
Opened
12,403
|
$253,394,000 | 0.03% |
| AT&T Inc. |
6.63%
13,777
|
$242,476,000 | 0.03% |
| Pepsico Inc |
Opened
1,373
|
$240,289,000 | 0.03% |
| Carrier Global Corporation |
Opened
4,064
|
$236,241,000 | 0.03% |
| Boeing Co. |
Opened
1,188
|
$229,273,000 | 0.03% |
| Home Depot, Inc. |
Opened
586
|
$224,821,000 | 0.03% |
| Coca-Cola Co |
Opened
3,433
|
$210,031,000 | 0.03% |
| Select Sector Spdr Tr |
Opened
2,211
|
$208,730,000 | 0.03% |
| Honeywell International Inc |
Opened
1,000
|
$205,250,000 | 0.03% |
| No transactions found | |||
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