Ervin Investment Management 13F annual report

Ervin Investment Management is an investment fund managing more than $144 billion ran by John Ervin. There are currently 35 companies in Mr. Ervin’s portfolio. The largest investments include Berkshire Hathaway and Microsoft, together worth $53.8 billion.

Limited to 30 biggest holdings

$144 billion Assets Under Management (AUM)

As of 15th July 2024, Ervin Investment Management’s top holding is 91,374 shares of Berkshire Hathaway currently worth over $37.2 billion and making up 25.8% of the portfolio value. Relative to the number of outstanding shares of Berkshire Hathaway, Ervin Investment Management owns more than 0.1% of the company. In addition, the fund holds 37,161 shares of Microsoft worth $16.6 billion, whose value grew 10.2% in the past six months. The third-largest holding is Apple Inc worth $13.2 billion and the next is Spdr Ser Tr worth $11 billion, with 165,512 shares owned.

Currently, Ervin Investment Management's portfolio is worth at least $144 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 Ervin Investment Management

The Ervin Investment Management office and employees reside in Seattle, Washington. According to the last 13-F report filed with the SEC, John Ervin serves as the Chief Compliance Officer at Ervin Investment Management.

Recent trades

In the most recent 13F filing, Ervin Investment Management revealed that it had opened a new position in Exxon Mobil and bought 27,639 shares worth $3.18 billion. This means they effectively own approximately 0.1% of the company. Exxon Mobil makes up 100.0% of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Vanguard Index Fds by buying 484 additional shares. This makes their stake in Vanguard Index Fds total 27,274 shares worth $5.22 billion.

On the other hand, there are companies that Ervin Investment Management is getting rid of from its portfolio. Ervin Investment Management closed its position in Pioneer Nat Res Co on 22nd July 2024. It sold the previously owned 11,338 shares for $2.98 billion. John Ervin also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $37.2 billion and 91,374 shares.

One of the smallest hedge funds

The two most similar investment funds to Ervin Investment Management are Merrion Investment Management Co and Worth Advisory. They manage $144 billion and $144 billion respectively.

John Ervin investment strategy

Ervin Investment Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Finance — making up 34.0% of the total portfolio value. The fund focuses on investments in the United States as 45.7% 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 51% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $381 billion.

The complete list of Ervin Investment Management trades based on 13F SEC filings

These positions were updated on July 22nd 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
Berkshire Hathaway Inc.	2.85% 91,374	$37,171,068,000	25.76%
Microsoft Corporation	4.70% 37,161	$16,608,953,000	11.51%
Apple Inc	3.52% 62,776	$13,221,801,000	9.16%
Spdr Ser Tr	0.34% 165,512	$10,981,696,000	7.61%
Brookfield Corp	0.59% 164,796	$6,845,609,000	4.74%
Loews Corp.	3.35% 91,504	$6,838,982,000	4.74%
Alphabet Inc	7.33% 48,330	$8,818,636,000	6.11%
Jefferies Finl Group Inc	1.51% 95,149	$4,734,614,000	3.28%
Vanguard Index Fds	1.81% 27,274	$5,222,822,000	3.62%
Markel Group Inc	3.01% 2,578	$4,062,575,000	2.82%
General Mtrs Co	1.95% 78,040	$3,625,738,000	2.51%
Exxon Mobil Corp.	Opened 27,639	$3,181,802,000	2.20%
Pioneer Nat Res Co	Closed 11,338	$2,976,221,000
Spdr Index Shs Fds	0.67% 154,370	$5,597,082,000	3.88%
Oracle Corp.	2.91% 12,020	$1,697,267,000	1.18%
Abrdn Gold Etf Trust	0.13% 70,665	$1,570,176,000	1.09%
Ishares Tr	4.30% 2,782	$1,522,449,000	1.05%
Yum Brands Inc.	1.07% 11,052	$1,463,948,000	1.01%
Brookfield Asset Managmt Ltd	3.08% 36,791	$1,399,898,000	0.97%
Brookfield Renewable Partner	0.38% 45,965	$1,138,553,000	0.79%
Vanguard World Fd	2.20% 11,626	$1,123,304,000	0.78%
American Express Co.	No change 4,481	$1,037,651,000	0.72%
Diageo plc	4.23% 6,671	$841,080,000	0.58%
Vanguard Star Fds	7.04% 13,729	$827,859,000	0.57%
NextEra Energy Partners LP	8.02% 29,313	$810,211,000	0.56%
Philip Morris International Inc	10.66% 7,335	$743,256,000	0.52%
Amazon.com Inc.	0.54% 2,771	$535,496,000	0.37%
GE Aerospace	No change 2,964	$471,187,000	0.33%
Teck Resources Ltd	31.31% 8,535	$408,827,000	0.28%
Boeing Co.	17.48% 1,680	$305,777,000	0.21%
Sprouts Fmrs Mkt Inc	Opened 3,265	$273,150,000	0.19%
Altria Group Inc.	No change 5,700	$259,635,000	0.18%
Yum China Holdings Inc	No change 8,372	$258,192,000	0.18%
Vitesse Energy Inc	2.36% 10,676	$253,021,000	0.18%
Cnx Res Corp	23.81% 9,600	$233,280,000	0.16%
Asml Holding N V	Opened 222	$227,046,000	0.16%
No transactions found
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