Zullo Investment 13F annual report
Zullo Investment is an investment fund managing more than $227 billion ran by Tracy Zullo. There are currently 126 companies in Mrs. Zullo’s portfolio. The largest investments include Apple Inc and NVIDIA Corp, together worth $52.4 billion.
$227 billion Assets Under Management (AUM)
As of 6th August 2024, Zullo Investment’s top holding is 171,347 shares of Apple Inc currently worth over $36.1 billion and making up 15.9% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Zullo Investment owns more than approximately 0.1% of the company.
In addition, the fund holds 131,961 shares of NVIDIA Corp worth $16.3 billion, whose value fell 84.9% in the past six months.
The third-largest holding is Microsoft worth $15.3 billion and the next is Amazon.com worth $8.75 billion, with 45,297 shares owned.
Currently, Zullo Investment's portfolio is worth at least $227 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 Zullo Investment
The Zullo Investment office and employees reside in Scranton, Pennsylvania. According to the last 13-F report filed with the SEC, Tracy Zullo serves as the Principal at Zullo Investment.
Recent trades
In the most recent 13F filing, Zullo Investment revealed that it had opened a new position in
Arm Holdings Plc and bought 1,922 shares worth $314 million.
The investment fund also strengthened its position in Apple Inc by buying
675 additional shares.
This makes their stake in Apple Inc total 171,347 shares worth $36.1 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Zullo Investment is getting rid of from its portfolio.
Zullo Investment closed its position in Pfizer on 13th August 2024.
It sold the previously owned 15,452 shares for $445 million.
Tracy Zullo also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $8.75 billion and 45,297 shares.
One of the smallest hedge funds
The two most similar investment funds to Zullo Investment are Watershed Private Wealth and Corbyn Investment Management Inc/md. They manage $227 billion and $227 billion respectively.
Tracy Zullo investment strategy
Zullo Investment’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 25.3% of
the total portfolio value.
The fund focuses on investments in the United States as
59.5% 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
62% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $200 billion.
The complete list of Zullo Investment trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Apple Inc |
0.40%
171,347
|
$36,089,314,000 | 15.89% |
| NVIDIA Corp |
835.63%
131,961
|
$16,302,524,000 | 7.18% |
| Microsoft Corporation |
0.72%
34,129
|
$15,254,452,000 | 6.71% |
| Amazon.com Inc. |
0.72%
45,297
|
$8,753,645,000 | 3.85% |
| Select Sector Spdr Tr |
3.04%
348,600
|
$31,007,098,000 | 13.65% |
| Meta Platforms Inc |
5.04%
13,544
|
$6,829,544,000 | 3.01% |
| Jpmorgan Chase Co. |
1.22%
20,504
|
$4,147,200,000 | 1.83% |
| Alphabet Inc |
1.56%
30,295
|
$5,542,935,000 | 2.44% |
| Berkshire Hathaway Inc. |
4.59%
5,484
|
$5,290,343,000 | 2.33% |
| Home Depot, Inc. |
2.42%
8,350
|
$2,874,726,000 | 1.27% |
| Walmart Inc |
205.63%
39,870
|
$2,699,637,000 | 1.19% |
| Johnson Johnson |
3.42%
17,875
|
$2,612,729,000 | 1.15% |
| Schwab Strategic Tr |
0.75%
39,175
|
$2,857,278,000 | 1.26% |
| Procter And Gamble Co |
0.74%
15,233
|
$2,512,230,000 | 1.11% |
| United Parcel Service, Inc. |
6.83%
17,626
|
$2,412,223,000 | 1.06% |
| Verizon Communications Inc |
3.97%
54,703
|
$2,255,964,000 | 0.99% |
| Tesla Inc |
8.62%
10,437
|
$2,065,274,000 | 0.91% |
| Vanguard Index Fds |
2.86%
6,628
|
$2,814,101,000 | 1.24% |
| Fedex Corp |
12.86%
6,457
|
$1,936,105,000 | 0.85% |
| Costco Whsl Corp New |
0.90%
2,238
|
$1,902,739,000 | 0.84% |
| Visa Inc |
1.25%
7,151
|
$1,877,068,000 | 0.83% |
| Netflix Inc. |
0.48%
2,712
|
$1,830,275,000 | 0.81% |
| Ishares Tr |
18.81%
38,597
|
$5,071,803,000 | 2.23% |
| Advanced Micro Devices Inc. |
7.40%
11,068
|
$1,795,340,000 | 0.79% |
| International Business Machs |
0.55%
9,880
|
$1,709,009,000 | 0.75% |
| Unitedhealth Group Inc |
4.00%
3,351
|
$1,706,802,000 | 0.75% |
| Mcdonalds Corp |
0.55%
6,370
|
$1,623,436,000 | 0.71% |
| Exxon Mobil Corp. |
3.50%
13,950
|
$1,605,993,000 | 0.71% |
| Crowdstrike Holdings Inc |
2.30%
4,099
|
$1,570,696,000 | 0.69% |
| Schwab Charles Corp |
8.46%
20,585
|
$1,516,985,000 | 0.67% |
| Qualcomm, Inc. |
13.88%
7,523
|
$1,498,613,000 | 0.66% |
| Vanguard World Fd |
No change
2,477
|
$1,428,213,000 | 0.63% |
| Merck Co Inc |
0.11%
11,409
|
$1,412,556,000 | 0.62% |
| Eli Lilly Co |
21.71%
1,463
|
$1,324,675,000 | 0.58% |
| Boeing Co. |
18.85%
6,968
|
$1,268,246,000 | 0.56% |
| Pepsico Inc |
0.45%
7,594
|
$1,252,487,000 | 0.55% |
| Coca-Cola Co |
0.80%
18,418
|
$1,172,337,000 | 0.52% |
| Broadcom Inc |
2.29%
714
|
$1,147,829,000 | 0.51% |
| Goldman Sachs Group, Inc. |
0.40%
2,523
|
$1,141,243,000 | 0.50% |
| Morgan Stanley |
3.58%
11,485
|
$1,116,255,000 | 0.49% |
| Prudential Finl Inc |
5.12%
9,388
|
$1,100,187,000 | 0.48% |
| Uber Technologies Inc |
14.99%
15,001
|
$1,090,273,000 | 0.48% |
| First Tr Nas100 Eq Weighted |
No change
8,650
|
$1,066,459,000 | 0.47% |
| Target Corp |
16.74%
6,898
|
$1,021,268,000 | 0.45% |
| Lowes Cos Inc |
0.78%
4,391
|
$968,191,000 | 0.43% |
| Disney Walt Co |
3.12%
9,280
|
$921,606,000 | 0.41% |
| Abbvie Inc |
0.52%
5,128
|
$879,687,000 | 0.39% |
| Lockheed Martin Corp. |
7.44%
1,675
|
$782,855,000 | 0.34% |
| NextEra Energy Inc |
4.13%
10,930
|
$774,015,000 | 0.34% |
| American Express Co. |
7.77%
3,247
|
$752,158,000 | 0.33% |
| Chevron Corp. |
6.63%
4,775
|
$747,131,000 | 0.33% |
| Analog Devices Inc. |
3.29%
3,236
|
$738,756,000 | 0.33% |
| Illinois Tool Wks Inc |
2.60%
3,108
|
$736,616,000 | 0.32% |
| Cisco Sys Inc |
0.29%
15,399
|
$731,645,000 | 0.32% |
| Freeport-McMoRan Inc |
2.65%
14,448
|
$702,233,000 | 0.31% |
| PPL Corp |
11.83%
24,979
|
$690,670,000 | 0.30% |
| ServiceNow Inc |
1.30%
832
|
$654,509,000 | 0.29% |
| Bank America Corp |
3.88%
15,842
|
$630,085,000 | 0.28% |
| Shopify Inc |
14.54%
9,200
|
$607,660,000 | 0.27% |
| Salesforce Inc |
13.65%
2,290
|
$588,830,000 | 0.26% |
| Caterpillar Inc. |
4.73%
1,753
|
$583,945,000 | 0.26% |
| Nike, Inc. |
17.74%
7,339
|
$553,169,000 | 0.24% |
| Waste Mgmt Inc Del |
2.31%
2,578
|
$550,194,000 | 0.24% |
| General Dynamics Corp. |
5.48%
1,880
|
$545,500,000 | 0.24% |
| 3M Co. |
29.59%
5,330
|
$544,775,000 | 0.24% |
| Honeywell International Inc |
4.55%
2,477
|
$529,086,000 | 0.23% |
| RTX Corp |
4.50%
5,127
|
$514,841,000 | 0.23% |
| First Tr Exchange-traded Fd |
1.18%
9,258
|
$506,895,000 | 0.22% |
| Spdr Sp 500 Etf Tr |
2.46%
916
|
$498,506,000 | 0.22% |
| Microchip Technology, Inc. |
0.70%
5,360
|
$490,511,000 | 0.22% |
| Clorox Co. |
3.23%
3,548
|
$484,196,000 | 0.21% |
| Kimberly-Clark Corp. |
0.06%
3,388
|
$468,264,000 | 0.21% |
| Automatic Data Processing In |
8.36%
1,867
|
$445,636,000 | 0.20% |
| Pfizer Inc. |
Closed
15,452
|
$444,867,000 | |
| Adobe Inc |
0.38%
795
|
$441,654,000 | 0.19% |
| Kraft Heinz Co |
0.01%
13,631
|
$439,192,000 | 0.19% |
| Nucor Corp. |
2.25%
2,777
|
$439,001,000 | 0.19% |
| Palo Alto Networks Inc |
35.13%
1,254
|
$425,119,000 | 0.19% |
| AMGEN Inc. |
0.90%
1,351
|
$422,335,000 | 0.19% |
| Abbott Labs |
1.06%
3,919
|
$407,223,000 | 0.18% |
| Philip Morris International Inc |
0.67%
3,935
|
$398,771,000 | 0.18% |
| Comcast Corp New |
3.94%
10,154
|
$397,655,000 | 0.18% |
| Mastercard Incorporated |
11.35%
893
|
$394,456,000 | 0.17% |
| L3Harris Technologies Inc |
4.06%
1,723
|
$387,018,000 | 0.17% |
| Capital One Finl Corp |
0.72%
2,780
|
$384,909,000 | 0.17% |
| Starbucks Corp. |
4.29%
4,819
|
$375,240,000 | 0.17% |
| Vertex Pharmaceuticals, Inc. |
0.51%
780
|
$365,602,000 | 0.16% |
| Spotify Technology S.A. |
No change
1,155
|
$362,427,000 | 0.16% |
| Seagate Technology Hldngs Pl |
0.32%
3,417
|
$352,874,000 | 0.16% |
| Lam Research Corp. |
9.24%
324
|
$345,332,000 | 0.15% |
| Wells Fargo Co New |
18.97%
5,804
|
$344,778,000 | 0.15% |
| Marathon Pete Corp |
1.18%
1,848
|
$320,591,000 | 0.14% |
| Blackrock Inc. |
1.50%
405
|
$318,865,000 | 0.14% |
| Air Prods Chems Inc |
7.04%
1,232
|
$318,135,000 | 0.14% |
| Chipotle Mexican Grill |
5,297.85%
5,020
|
$314,503,000 | 0.14% |
| Arm Holdings Plc |
Opened
1,922
|
$314,478,000 | 0.14% |
| Colgate-Palmolive Co. |
0.50%
3,182
|
$308,781,000 | 0.14% |
| Oracle Corp. |
0.46%
2,173
|
$307,102,000 | 0.14% |
| Citigroup Inc |
12.70%
4,791
|
$304,051,000 | 0.13% |
| Altria Group Inc. |
1.52%
6,459
|
$294,236,000 | 0.13% |
| Pnc Finl Svcs Group Inc |
3.32%
1,837
|
$285,748,000 | 0.13% |
| Intel Corp. |
2.66%
9,074
|
$281,030,000 | 0.12% |
| Aflac Inc. |
1.50%
3,143
|
$280,701,000 | 0.12% |
| Autodesk Inc. |
2.13%
1,104
|
$273,185,000 | 0.12% |
| Palantir Technologies Inc. |
Opened
10,538
|
$266,928,000 | 0.12% |
| Allstate Corp (The) |
2.35%
1,660
|
$265,036,000 | 0.12% |
| Two Hbrs Invt Corp |
Opened
19,965
|
$263,747,000 | 0.12% |
| The Southern Co. |
2.33%
3,357
|
$260,472,000 | 0.11% |
| Fidelity D D Bancorp Inc |
4.04%
5,943
|
$260,303,000 | 0.11% |
| Chubb Limited |
Opened
1,014
|
$258,651,000 | 0.11% |
| Phillips 66 |
2.21%
1,768
|
$249,629,000 | 0.11% |
| Skyworks Solutions, Inc. |
24.86%
2,260
|
$240,871,000 | 0.11% |
| Thermo Fisher Scientific Inc. |
0.96%
421
|
$232,933,000 | 0.10% |
| Vanguard Tax-managed Fds |
18.81%
4,705
|
$232,521,000 | 0.10% |
| Norfolk Southn Corp |
Closed
962
|
$227,418,000 | |
| Medtronic Plc |
6.96%
2,848
|
$224,166,000 | 0.10% |
| Vanguard Specialized Funds |
No change
1,225
|
$223,624,000 | 0.10% |
| Booking Holdings Inc |
Opened
56
|
$222,136,000 | 0.10% |
| Dow Inc |
19.74%
4,150
|
$220,167,000 | 0.10% |
| Cummins Inc. |
Opened
787
|
$218,086,000 | 0.10% |
| Deere Co |
Closed
543
|
$217,251,000 | |
| Union Pac Corp |
Closed
880
|
$216,386,000 | |
| Grainger W W Inc |
Opened
233
|
$210,554,000 | 0.09% |
| Proshares Tr |
Closed
2,650
|
$201,447,000 | |
| SoFi Technologies, Inc. |
Closed
18,250
|
$181,588,000 | |
| Pimco Corporate Income Opp |
Opened
12,239
|
$175,144,000 | 0.08% |
| Invesco Tr Invt Grade Muns |
No change
13,500
|
$138,645,000 | 0.06% |
| Ford Mtr Co Del |
19.14%
10,417
|
$130,653,000 | 0.06% |
| Community Health Sys Inc New |
Opened
17,000
|
$57,120,000 | 0.03% |
| Prokidney Corp |
Opened
20,420
|
$50,233,000 | 0.02% |
| Evgo Inc |
45.35%
13,800
|
$33,810,000 | 0.01% |
| Apollomics Inc |
Closed
14,853
|
$14,333,000 | |
| Outlook Therapeutics Inc |
Closed
24,000
|
$9,456,000 | |
| Aligos Therapeutics, Inc. |
No change
13,000
|
$4,550,000 | 0.00% |
| Brainstorm Cell Therapeutics, Inc. |
Closed
16,114
|
$4,399,000 | |
| No transactions found | |||
| Showing first 500 out of 135 holdings | |||
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