Sbb Research 13F annual report
Sbb Research is an investment fund managing more than $56.1 billion ran by Walter Kelly. There are currently 30 companies in Mr. Kelly’s portfolio. The largest investments include Spdr and Vanguard Index Fds, together worth $21.4 billion.
$56.1 billion Assets Under Management (AUM)
As of 6th November 2023, Sbb Research’s top holding is 32,496 shares of Spdr currently worth over $13.9 billion and making up 24.8% of the portfolio value.
In addition, the fund holds 35,153 shares of Vanguard Index Fds worth $7.47 billion.
The third-largest holding is Berkshire Hathaway worth $6.39 billion and the next is Ishares Tr worth $9.21 billion, with 84,647 shares owned.
Currently, Sbb Research's portfolio is worth at least $56.1 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 Sbb Research
The Sbb Research office and employees reside in Northbrook, Illinois. According to the last 13-F report filed with the SEC, Walter Kelly serves as the Chief Compliance Officer at Sbb Research.
Recent trades
In the most recent 13F filing, Sbb Research revealed that it had opened a new position in
Wabtec and bought 3,100 shares worth $231 million.
The investment fund also strengthened its position in Spdr by buying
3,473 additional shares.
This makes their stake in Spdr total 32,496 shares worth $13.9 billion.
On the other hand, there are companies that Sbb Research is getting rid of from its portfolio.
Sbb Research closed its position in Vanguard Bd Index Fds on 13th November 2023.
It sold the previously owned 17,052 shares for $1.31 billion.
Walter Kelly also disclosed a decreased stake in Vanguard Index Fds by 0.7%.
This leaves the value of the investment at $7.47 billion and 35,153 shares.
One of the smallest hedge funds
The two most similar investment funds to Sbb Research are Canaan Partners X and Aristotle Pacific Capital. They manage $56.1 billion and $55.9 billion respectively.
Walter Kelly investment strategy
Sbb Research’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 11.8% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
47% 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 $481 billion.
The complete list of Sbb Research trades based on 13F SEC filings
These positions were updated on November 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 |
|---|---|---|---|
| Spdr |
11.97%
32,496
|
$13,891,390,000 | 24.78% |
| Vanguard Index Fds |
66.10%
35,153
|
$7,466,849,000 | 13.32% |
| Berkshire Hathaway Inc. |
3.95%
18,232
|
$6,386,670,000 | 11.39% |
| Ishares Tr |
11.53%
84,647
|
$9,206,124,000 | 16.42% |
| Becton Dickinson Co |
9.59%
8,857
|
$2,289,774,000 | 4.09% |
| Apple Inc |
0.22%
13,080
|
$2,239,362,000 | 4.00% |
| Costco Whsl Corp |
16.87%
3,859
|
$2,180,008,000 | 3.89% |
| Alphabet Inc |
20.30%
15,700
|
$2,070,045,000 | 3.69% |
| Abbott Labs |
18.98%
13,474
|
$1,304,913,000 | 2.33% |
| Vanguard Bd Index Fds |
Closed
17,052
|
$1,307,335,000 | |
| Microsoft Corporation |
23.24%
2,943
|
$929,296,000 | 1.66% |
| Starbucks Corp. |
23.23%
8,886
|
$810,986,000 | 1.45% |
| CVS Health Corp |
1.62%
10,281
|
$717,790,000 | 1.28% |
| United Parcel Service, Inc. |
1.91%
4,592
|
$715,816,000 | 1.28% |
| Fedex Corp |
35.12%
2,346
|
$621,540,000 | 1.11% |
| Exxon Mobile Corp |
38.11%
4,551
|
$535,074,000 | 0.95% |
| Sturm Ruger Co Inc |
No change
10,000
|
$521,200,000 | 0.93% |
| Amazon.com Inc. |
No change
4,000
|
$508,480,000 | 0.91% |
| Intel Corp. |
57.87%
13,699
|
$487,007,000 | 0.87% |
| Corteva Inc |
Closed
8,038
|
$484,800,000 | |
| Universal Corp Va |
No change
10,000
|
$472,100,000 | 0.84% |
| Altria Group Inc. |
Closed
9,451
|
$421,704,000 | |
| United Rentals, Inc. |
No change
900
|
$400,113,000 | 0.71% |
| Mcdonalds Corp |
0.84%
1,433
|
$377,440,000 | 0.67% |
| Phillips 66 |
2.07%
2,808
|
$337,386,000 | 0.60% |
| Disney Walt Co |
No change
3,718
|
$301,304,000 | 0.54% |
| Chevron Corp. |
1.91%
1,708
|
$287,941,000 | 0.51% |
| Visa Inc |
0.38%
1,057
|
$243,107,000 | 0.43% |
| Wabtec |
Opened
3,100
|
$231,446,000 | 0.41% |
| Ishares Tr |
Opened
2,727
|
$220,805,000 | 0.39% |
| Ford Mtr Co |
Opened
12,400
|
$154,008,000 | 0.27% |
| B G Foods Inc |
No change
10,000
|
$98,900,000 | 0.18% |
| Pitney Bowes, Inc. |
No change
15,000
|
$45,300,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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