Templeton & Phillips Capital Management 13F annual report

Templeton & Phillips Capital Management is an investment fund managing more than $113 billion ran by David Phillips. There are currently 37 companies in Mr. Phillips’s portfolio. The largest investments include Berkshire Hathaway and Amazon.com, together worth $53.2 billion.

Limited to 30 biggest holdings

$113 billion Assets Under Management (AUM)

As of 7th August 2024, Templeton & Phillips Capital Management’s top holding is 100,974 shares of Berkshire Hathaway currently worth over $41.1 billion and making up 36.4% of the portfolio value. Relative to the number of outstanding shares of Berkshire Hathaway, Templeton & Phillips Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 62,848 shares of Amazon.com worth $12.1 billion, whose value fell 0.4% in the past six months. The third-largest holding is HDFC Bank worth $9.35 billion and the next is Unilever plc worth $8.4 billion, with 152,751 shares owned.

Currently, Templeton & Phillips Capital Management's portfolio is worth at least $113 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 Templeton & Phillips Capital Management

The Templeton & Phillips Capital Management office and employees reside in Lookout Mountain, Tennessee. According to the last 13-F report filed with the SEC, David Phillips serves as the Managing Member/Chief Compliance Officer at Templeton & Phillips Capital Management.

Recent trades

In the most recent 13F filing, Templeton & Phillips Capital Management revealed that it had opened a new position in Caci International and bought 4,315 shares worth $1.86 billion. This means they effectively own approximately 0.1% of the company. Caci International makes up 25.0% of the fund's Technology sector allocation and has grown its share price by 35.2% in the past year.

The investment fund also strengthened its position in HDFC Bank by buying 2,547 additional shares. This makes their stake in HDFC Bank total 145,368 shares worth $9.35 billion. HDFC Bank dropped 9.9% in the past year.

On the other hand, there are companies that Templeton & Phillips Capital Management is getting rid of from its portfolio. Templeton & Phillips Capital Management closed its position in PayPal Inc on 14th August 2024. It sold the previously owned 55,455 shares for $3.7 billion. David Phillips also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $41.1 billion and 100,974 shares.

One of the smallest hedge funds

The two most similar investment funds to Templeton & Phillips Capital Management are Somerset and Fairscale Capital. They manage $113 billion and $113 billion respectively.

David Phillips investment strategy

Templeton & Phillips Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Finance — making up 51.4% of the total portfolio value. The fund focuses on investments in the United States as 54.1% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 2.7% of the portfolio. The average market cap of the portfolio companies is close to $271 billion.

The complete list of Templeton & Phillips Capital Management trades based on 13F SEC filings

These positions were updated on August 14th 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.	1.77% 100,974	$41,076,223,000	36.44%
Amazon.com Inc.	1.90% 62,848	$12,145,376,000	10.77%
HDFC Bank Ltd.	1.78% 145,368	$9,351,523,000	8.30%
Unilever plc	27.52% 152,751	$8,399,777,000	7.45%
Visa Inc	No change 29,046	$7,141,431,000	6.33%
Starbucks Corp.	4.09% 64,608	$4,706,689,000	4.18%
PayPal Holdings Inc	Closed 55,455	$3,700,512,000
Unitedhealth Group Inc	1,077.76% 6,831	$3,478,755,000	3.09%
Alphabet Inc	10.70% 18,482	$3,369,118,000	2.99%
Diageo plc	Closed 15,140	$2,626,459,000
Mondelez International Inc.	9.34% 39,061	$2,556,152,000	2.27%
Covenant Logistics Group Inc	36.76% 46,387	$2,286,415,000	2.03%
Coca Cola Cons Inc	362.00% 1,848	$2,005,080,000	1.78%
Caci International Inc.	Opened 4,315	$1,856,011,000	1.65%
Brookfield Corp	Opened 31,190	$1,295,633,000	1.15%
HCA Healthcare Inc	Opened 3,981	$1,279,016,000	1.13%
Apollo Global Mgmt Inc	Opened 10,747	$1,268,898,000	1.13%
Fair Isaac Corp.	Opened 722	$1,074,813,000	0.95%
Ulta Beauty Inc	Opened 2,771	$1,069,246,000	0.95%
Perimeter Solutions, SA	Opened 132,168	$1,034,875,000	0.92%
Bel Fuse Inc.	Opened 11,652	$760,176,000	0.67%
Costco Whsl Corp New	Opened 771	$655,342,000	0.58%
Krispy Kreme, Inc.	Closed 39,664	$584,251,000
Pepsico Inc	27.79% 3,536	$583,192,000	0.52%
Spdr Ser Tr	Opened 10,803	$448,649,000	0.40%
Icici Bank Limited	Opened 15,181	$437,365,000	0.39%
Caseys Gen Stores Inc	Opened 1,100	$419,716,000	0.37%
Dorchester Minerals LP	No change 12,455	$384,237,000	0.34%
Taiwan Semiconductor Mfg Ltd	Closed 3,700	$373,404,000
Western Digital Corp.	Opened 4,908	$371,879,000	0.33%
Spdr S&p 500 Etf Tr	Opened 645	$351,022,000	0.31%
Ingles Mkts Inc	Closed 3,520	$290,928,000
Eli Lilly & Co	Opened 306	$277,046,000	0.25%
Apple Inc	Opened 1,256	$264,539,000	0.23%
Fedex Corp	Opened 731	$219,183,000	0.19%
Disney Walt Co	Opened 2,186	$217,048,000	0.19%
Bank New York Mellon Corp	Opened 3,601	$215,664,000	0.19%
JPMorgan Chase & Co.	Opened 1,065	$215,407,000	0.19%
Brookfield Asset Managmt Ltd	Closed 6,559	$214,022,000
Walmart Inc	Opened 3,054	$206,786,000	0.18%
Travelers Companies Inc.	Opened 1,005	$204,357,000	0.18%
Alibaba Group Hldg Ltd	Opened 2,790	$200,880,000	0.18%
Levi Strauss & Co.	Closed 12,100	$174,603,000
Ishares Tr	Opened 19,435	$902,665,000	0.80%
No transactions found
Showing first 500 out of 44 holdings