Northcape Wealth Management 13F annual report
Northcape Wealth Management is an investment fund managing more than $277 billion ran by Patrick Markey. There are currently 121 companies in Mr. Markey’s portfolio. The largest investments include Spdr Gold Tr and Ishares Tr, together worth $50.3 billion.
$277 billion Assets Under Management (AUM)
As of 18th July 2024, Northcape Wealth Management’s top holding is 76,474 shares of Spdr Gold Tr currently worth over $16.4 billion and making up 5.9% of the portfolio value.
In addition, the fund holds 542,042 shares of Ishares Tr worth $33.8 billion.
The third-largest holding is Apple Inc worth $8.69 billion and the next is Microsoft worth $8.36 billion, with 18,710 shares owned.
Currently, Northcape Wealth Management's portfolio is worth at least $277 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 Northcape Wealth Management
The Northcape Wealth Management office and employees reside in Williamsville, New York. According to the last 13-F report filed with the SEC, Patrick Markey serves as the CHIEF COMPLIANCE OFFICER at Northcape Wealth Management.
Recent trades
In the most recent 13F filing, Northcape Wealth Management revealed that it had opened a new position in
Janus Detroit Str Tr and bought 150,914 shares worth $7.68 billion.
The investment fund also strengthened its position in Ishares Tr by buying
1,736 additional shares.
This makes their stake in Ishares Tr total 542,042 shares worth $33.8 billion.
On the other hand, there are companies that Northcape Wealth Management is getting rid of from its portfolio.
Northcape Wealth Management closed its position in Invesco Exch Trd Slf Idx Fd on 25th July 2024.
It sold the previously owned 391,386 shares for $8 billion.
Patrick Markey also disclosed a decreased stake in Spdr Gold Tr by approximately 0.1%.
This leaves the value of the investment at $16.4 billion and 76,474 shares.
One of the smaller hedge funds
The two most similar investment funds to Northcape Wealth Management are Cardinal Strategic Wealth Guidance and Syverson Strege & Co. They manage $277 billion and $277 billion respectively.
Patrick Markey investment strategy
Northcape Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 9.5% of
the total portfolio value.
The fund focuses on investments in the United States as
56.2% 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
57% of the total holdings value.
On the other hand, small-cap stocks make up only 0.8% of the portfolio.
The average market cap of the portfolio companies is close to $204 billion.
The complete list of Northcape Wealth Management trades based on 13F SEC filings
These positions were updated on July 25th 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 Gold Tr |
0.84%
76,474
|
$16,442,718,000 | 5.93% |
| Ishares Tr |
0.32%
542,042
|
$33,835,686,000 | 12.20% |
| Apple Inc |
0.32%
41,254
|
$8,688,881,000 | 3.13% |
| Microsoft Corporation |
1.57%
18,710
|
$8,362,350,000 | 3.01% |
| Invesco Exch Trd Slf Idx Fd |
Closed
391,386
|
$8,001,684,000 | |
| Janus Detroit Str Tr |
Opened
150,914
|
$7,678,521,000 | 2.77% |
| Kinder Morgan Inc |
4.95%
344,676
|
$6,848,719,000 | 2.47% |
| Eli Lilly Co |
1.69%
7,164
|
$6,486,323,000 | 2.34% |
| Vanguard Index Fds |
1.85%
27,313
|
$6,826,188,000 | 2.46% |
| Costco Whsl Corp New |
0.86%
6,774
|
$5,757,981,000 | 2.08% |
| Pepsico Inc |
0.47%
33,948
|
$5,599,033,000 | 2.02% |
| Walmart Inc |
1.55%
74,329
|
$5,032,788,000 | 1.81% |
| Eaton Corp Plc |
4.08%
14,836
|
$4,651,730,000 | 1.68% |
| General Dynamics Corp. |
1.51%
15,794
|
$4,582,496,000 | 1.65% |
| Abbott Labs |
3.03%
41,599
|
$4,322,535,000 | 1.56% |
| Jpmorgan Chase Co. |
2.27%
20,865
|
$4,220,177,000 | 1.52% |
| Arista Networks Inc |
1.73%
11,361
|
$3,981,803,000 | 1.44% |
| Colgate-Palmolive Co. |
1.38%
39,731
|
$3,855,538,000 | 1.39% |
| Emerson Elec Co |
1.14%
34,981
|
$3,853,536,000 | 1.39% |
| Visa Inc |
0.34%
14,493
|
$3,803,878,000 | 1.37% |
| Exxon Mobil Corp. |
3.85%
32,648
|
$3,758,392,000 | 1.35% |
| NextEra Energy Inc |
0.22%
52,770
|
$3,736,647,000 | 1.35% |
| International Business Machs |
0.70%
21,208
|
$3,667,891,000 | 1.32% |
| Johnson Johnson |
2.86%
24,890
|
$3,637,974,000 | 1.31% |
| Alphabet Inc |
1.14%
21,304
|
$3,905,694,000 | 1.41% |
| Analog Devices Inc. |
2.22%
15,132
|
$3,454,128,000 | 1.25% |
| Chubb Limited |
0.16%
12,713
|
$3,242,764,000 | 1.17% |
| RTX Corp |
0.97%
30,805
|
$3,092,504,000 | 1.11% |
| Stryker Corp. |
0.94%
9,062
|
$3,083,406,000 | 1.11% |
| Ecolab, Inc. |
0.82%
11,835
|
$2,816,756,000 | 1.02% |
| Coca-Cola Co |
3.86%
43,905
|
$2,794,579,000 | 1.01% |
| Deere Co |
16.79%
7,463
|
$2,788,301,000 | 1.01% |
| Cisco Sys Inc |
3.39%
58,402
|
$2,774,697,000 | 1.00% |
| Merck Co Inc |
0.49%
22,306
|
$2,761,535,000 | 1.00% |
| Vanguard Index Fds |
Closed
31,766
|
$2,747,156,000 | |
| Qualcomm, Inc. |
5.34%
13,571
|
$2,703,072,000 | 0.97% |
| Home Depot, Inc. |
0.88%
7,425
|
$2,555,823,000 | 0.92% |
| United Parcel Service, Inc. |
0.02%
18,530
|
$2,535,894,000 | 0.91% |
| Constellation Brands Inc |
0.61%
9,798
|
$2,520,749,000 | 0.91% |
| Mcdonalds Corp |
0.04%
9,523
|
$2,426,863,000 | 0.87% |
| Bhp Group Ltd |
887.49%
39,401
|
$2,249,403,000 | 0.81% |
| Becton Dickinson Co |
0.14%
9,555
|
$2,233,166,000 | 0.81% |
| Blackstone Inc |
2.57%
17,696
|
$2,190,724,000 | 0.79% |
| Unitedhealth Group Inc |
3.43%
4,277
|
$2,177,984,000 | 0.79% |
| Air Prods Chems Inc |
0.06%
8,167
|
$2,107,463,000 | 0.76% |
| Texas Instrs Inc |
0.92%
10,790
|
$2,098,916,000 | 0.76% |
| Abbvie Inc |
11.90%
11,782
|
$2,020,775,000 | 0.73% |
| American Tower Corp. |
0.35%
10,385
|
$2,018,642,000 | 0.73% |
| Honeywell International Inc |
0.40%
9,052
|
$1,932,988,000 | 0.70% |
| Woodward Inc |
5.05%
10,983
|
$1,915,216,000 | 0.69% |
| Medtronic Plc |
1.41%
23,410
|
$1,842,566,000 | 0.66% |
| Accenture Plc Ireland |
0.49%
5,900
|
$1,790,086,000 | 0.65% |
| Rockwell Automation Inc |
0.96%
6,301
|
$1,734,675,000 | 0.63% |
| Mondelez International Inc. |
3.50%
26,285
|
$1,720,081,000 | 0.62% |
| Eversource Energy |
0.82%
29,951
|
$1,698,523,000 | 0.61% |
| Procter And Gamble Co |
3.83%
10,094
|
$1,664,745,000 | 0.60% |
| M T Bk Corp |
2.69%
10,835
|
$1,640,036,000 | 0.59% |
| CVS Health Corp |
2.61%
27,139
|
$1,602,830,000 | 0.58% |
| Invesco Exch Traded Fd Tr Ii |
4.62%
23,612
|
$1,533,599,000 | 0.55% |
| Automatic Data Processing In |
0.03%
6,327
|
$1,510,156,000 | 0.54% |
| Vanguard Whitehall Fds |
3.23%
19,142
|
$1,942,386,000 | 0.70% |
| Morgan Stanley |
0.31%
15,302
|
$1,487,201,000 | 0.54% |
| American Wtr Wks Co Inc New |
2.05%
11,373
|
$1,468,983,000 | 0.53% |
| Duke Energy Corp. |
1.66%
13,513
|
$1,354,373,000 | 0.49% |
| American Express Co. |
No change
5,580
|
$1,292,049,000 | 0.47% |
| Mastercard Incorporated |
0.08%
2,528
|
$1,115,252,000 | 0.40% |
| Church Dwight Co Inc |
No change
10,323
|
$1,070,265,000 | 0.39% |
| Intel Corp. |
3.10%
33,209
|
$1,028,483,000 | 0.37% |
| AMGEN Inc. |
70.81%
3,078
|
$961,653,000 | 0.35% |
| Novartis AG |
13.18%
8,570
|
$912,362,000 | 0.33% |
| First Tr Exchange-traded Fd |
13.61%
50,152
|
$1,260,518,000 | 0.45% |
| Graniteshares Etf Tr |
Closed
43,928
|
$872,843,000 | |
| Schwab Charles Corp |
No change
11,497
|
$847,214,000 | 0.31% |
| Fedex Corp |
2.48%
2,757
|
$826,659,000 | 0.30% |
| Discover Finl Svcs |
No change
5,645
|
$738,422,000 | 0.27% |
| Norfolk Southn Corp |
17.29%
3,392
|
$728,228,000 | 0.26% |
| Wisdomtree Tr |
1.24%
16,153
|
$699,590,000 | 0.25% |
| Juniper Networks Inc |
No change
18,863
|
$687,745,000 | 0.25% |
| Broadcom Inc |
21.73%
425
|
$683,005,000 | 0.25% |
| Ishares Gold Tr |
23.93%
15,535
|
$682,453,000 | 0.25% |
| Boeing Co. |
5.04%
3,709
|
$675,112,000 | 0.24% |
| Pfizer Inc. |
1.19%
23,355
|
$653,462,000 | 0.24% |
| Spdr Sp 500 Etf Tr |
No change
1,180
|
$642,180,000 | 0.23% |
| Lockheed Martin Corp. |
10.83%
1,361
|
$635,683,000 | 0.23% |
| NVIDIA Corp |
1,422.39%
5,100
|
$630,060,000 | 0.23% |
| Oracle Corp. |
No change
4,080
|
$576,096,000 | 0.21% |
| Molson Coors Beverage Company |
No change
11,236
|
$571,126,000 | 0.21% |
| Goldman Sachs Group, Inc. |
No change
1,248
|
$564,495,000 | 0.20% |
| Ameriprise Finl Inc |
No change
1,317
|
$562,609,000 | 0.20% |
| Berkshire Hathaway Inc. |
8.30%
1,305
|
$530,874,000 | 0.19% |
| American Elec Pwr Co Inc |
7.39%
5,798
|
$508,717,000 | 0.18% |
| Lowes Cos Inc |
28.28%
2,268
|
$499,973,000 | 0.18% |
| Travelers Companies Inc. |
14.29%
2,400
|
$488,016,000 | 0.18% |
| Illinois Tool Wks Inc |
22.85%
1,882
|
$445,959,000 | 0.16% |
| Price T Rowe Group Inc |
No change
3,785
|
$436,448,000 | 0.16% |
| Aflac Inc. |
4.52%
4,581
|
$409,129,000 | 0.15% |
| Mccormick Co Inc |
17.27%
5,093
|
$361,293,000 | 0.13% |
| Paychex Inc. |
4.99%
3,028
|
$359,003,000 | 0.13% |
| Phillips 66 |
20.22%
2,539
|
$358,431,000 | 0.13% |
| Chevron Corp. |
1.72%
2,253
|
$352,351,000 | 0.13% |
| Packaging Corp Amer |
6.71%
1,890
|
$345,056,000 | 0.12% |
| Amazon.com Inc. |
16.74%
1,785
|
$344,951,000 | 0.12% |
| Altria Group Inc. |
52.01%
7,421
|
$338,028,000 | 0.12% |
| Sysco Corp. |
22.58%
4,311
|
$307,762,000 | 0.11% |
| Laboratory Corp Amer Hldgs |
Closed
1,382
|
$301,912,000 | |
| Dow Inc |
4.83%
5,479
|
$290,687,000 | 0.10% |
| Bank America Corp |
No change
7,225
|
$287,338,000 | 0.10% |
| Clorox Co. |
23.63%
2,093
|
$285,629,000 | 0.10% |
| Yum Brands Inc. |
No change
2,143
|
$283,862,000 | 0.10% |
| Murphy USA Inc |
No change
600
|
$281,676,000 | 0.10% |
| Labcorp Holdings Inc. |
Opened
1,382
|
$281,251,000 | 0.10% |
| Schwab Strategic Tr |
No change
3,600
|
$279,936,000 | 0.10% |
| Starbucks Corp. |
4.01%
3,593
|
$279,715,000 | 0.10% |
| Bristol-Myers Squibb Co. |
3.92%
6,726
|
$279,335,000 | 0.10% |
| Linde Plc. |
24.67%
626
|
$274,695,000 | 0.10% |
| Astrazeneca plc |
Opened
3,450
|
$269,066,000 | 0.10% |
| 3M Co. |
10.97%
2,619
|
$267,655,000 | 0.10% |
| Meta Platforms Inc |
16.50%
506
|
$255,145,000 | 0.09% |
| Nike, Inc. |
Closed
2,688
|
$252,618,000 | |
| Prudential Finl Inc |
6.07%
2,097
|
$245,774,000 | 0.09% |
| Agios Pharmaceuticals Inc |
Opened
5,670
|
$244,490,000 | 0.09% |
| Hershey Company |
2.99%
1,328
|
$244,209,000 | 0.09% |
| Realty Income Corp. |
29.13%
4,563
|
$241,018,000 | 0.09% |
| National Fuel Gas Co. |
5.29%
4,025
|
$218,088,000 | 0.08% |
| Welltower Inc. |
Opened
2,092
|
$218,075,000 | 0.08% |
| Invesco Exchange Traded Fd T |
8.25%
5,728
|
$209,975,000 | 0.08% |
| Caterpillar Inc. |
Closed
572
|
$209,598,000 | |
| No transactions found | |||
| Showing first 500 out of 127 holdings | |||
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