Dover Advisors 13F annual report
Dover Advisors is an investment fund managing more than $146 billion ran by Jesse Ellington. There are currently 103 companies in Mr. Ellington’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $22.7 billion.
$146 billion Assets Under Management (AUM)
As of 22nd April 2024, Dover Advisors’s top holding is 31,542 shares of Microsoft currently worth over $13.3 billion and making up 9.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Dover Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 54,849 shares of Apple Inc worth $9.41 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Amazon.com worth $4.06 billion and the next is UDR Inc worth $3.81 billion, with 101,829 shares owned.
Currently, Dover Advisors's portfolio is worth at least $146 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 Dover Advisors
The Dover Advisors office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Jesse Ellington serves as the Chief Compliance Officer at Dover Advisors.
Recent trades
In the most recent 13F filing, Dover Advisors revealed that it had opened a new position in
Ingredion Inc and bought 14,000 shares worth $1.64 billion.
This means they effectively own approximately 0.1% of the company.
Ingredion Inc makes up
29.1%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
20,763 additional shares.
This makes their stake in Microsoft total 31,542 shares worth $13.3 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Dover Advisors is getting rid of from its portfolio.
Dover Advisors closed its position in United Parcel Service on 29th April 2024.
It sold the previously owned 1,983 shares for $312 million.
Jesse Ellington also disclosed a decreased stake in Dominion Inc by 0.2%.
This leaves the value of the investment at $774 million and 15,728 shares.
One of the smallest hedge funds
The two most similar investment funds to Dover Advisors are Forte Asset Management and Halter Ferguson. They manage $146 billion and $146 billion respectively.
Jesse Ellington investment strategy
Dover Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 19.9% of
the total portfolio value.
The fund focuses on investments in the United States as
59.2% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $225 billion.
The complete list of Dover Advisors trades based on 13F SEC filings
These positions were updated on April 29th 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 |
|---|---|---|---|
| Microsoft Corporation |
192.62%
31,542
|
$13,270,350,000 | 9.09% |
| Apple Inc |
50.93%
54,849
|
$9,405,507,000 | 6.44% |
| Amazon.com Inc. |
91.47%
22,502
|
$4,058,911,000 | 2.78% |
| UDR Inc |
31.88%
101,829
|
$3,809,408,000 | 2.61% |
| Eaton Corp Plc |
42.74%
11,802
|
$3,690,249,000 | 2.53% |
| Jpmorgan Chase Co |
92.73%
16,677
|
$3,340,403,000 | 2.29% |
| Alphabet Inc |
59.46%
21,433
|
$3,234,883,000 | 2.22% |
| Unitedhealth Group Inc |
64.58%
6,379
|
$3,155,691,000 | 2.16% |
| KLA Corp. |
41.61%
4,067
|
$2,841,084,000 | 1.95% |
| RTX Corp |
53.82%
28,154
|
$2,745,860,000 | 1.88% |
| Abbott Labs |
66.71%
23,595
|
$2,681,808,000 | 1.84% |
| Lowes Cos Inc |
41.37%
10,176
|
$2,592,132,000 | 1.78% |
| Palo Alto Networks Inc |
28.82%
9,048
|
$2,570,808,000 | 1.76% |
| Berkshire Hathaway Inc. |
394.55%
5,984
|
$2,516,392,000 | 1.72% |
| Pepsico Inc |
50.54%
14,363
|
$2,513,669,000 | 1.72% |
| Nike, Inc. |
33.04%
24,805
|
$2,331,174,000 | 1.60% |
| Johnson Johnson |
72.51%
14,536
|
$2,299,450,000 | 1.58% |
| Disney Walt Co |
45.70%
18,768
|
$2,296,452,000 | 1.57% |
| Chevron Corp. |
75.98%
13,978
|
$2,204,890,000 | 1.51% |
| Thermo Fisher Scientific Inc. |
47.74%
3,457
|
$2,009,243,000 | 1.38% |
| Exxon Mobil Corp. |
43.62%
16,999
|
$1,975,964,000 | 1.35% |
| Honeywell International Inc |
74.05%
9,310
|
$1,910,878,000 | 1.31% |
| Home Depot, Inc. |
114.59%
4,676
|
$1,793,714,000 | 1.23% |
| Accenture Plc Ireland |
43.13%
4,915
|
$1,703,588,000 | 1.17% |
| NextEra Energy Inc |
43.56%
26,499
|
$1,693,551,000 | 1.16% |
| American Express Co. |
65.45%
7,437
|
$1,693,331,000 | 1.16% |
| Ingredion Inc |
Opened
14,000
|
$1,635,900,000 | 1.12% |
| Taiwan Semiconductor Mfg Ltd |
142.22%
11,825
|
$1,608,791,000 | 1.10% |
| Parker-Hannifin Corp. |
42.93%
2,880
|
$1,600,675,000 | 1.10% |
| Abbvie Inc |
32.97%
8,248
|
$1,501,961,000 | 1.03% |
| Microchip Technology, Inc. |
40.46%
16,376
|
$1,469,091,000 | 1.01% |
| Ishares Tr |
226.93%
18,393
|
$1,648,607,000 | 1.13% |
| Merck Co Inc |
68.21%
10,377
|
$1,369,245,000 | 0.94% |
| Gallagher Arthur J Co |
74.93%
5,400
|
$1,350,216,000 | 0.92% |
| Kinsale Cap Group Inc |
Opened
2,567
|
$1,347,008,000 | 0.92% |
| Expedia Group Inc |
54.23%
9,229
|
$1,271,295,000 | 0.87% |
| Procter And Gamble Co |
85.12%
7,688
|
$1,247,378,000 | 0.85% |
| Eli Lilly Co |
8.30%
1,565
|
$1,217,507,000 | 0.83% |
| Adobe Inc |
75.42%
2,412
|
$1,217,095,000 | 0.83% |
| Duke Energy Corp. |
124.32%
12,035
|
$1,163,905,000 | 0.80% |
| Jacobs Solutions Inc |
22.40%
7,485
|
$1,150,669,000 | 0.79% |
| Linde Plc. |
23.83%
2,458
|
$1,141,299,000 | 0.78% |
| Marsh Mclennan Cos Inc |
Opened
5,394
|
$1,111,056,000 | 0.76% |
| Oracle Corp. |
36.93%
8,394
|
$1,054,370,000 | 0.72% |
| Mcdonalds Corp |
91.20%
3,715
|
$1,047,444,000 | 0.72% |
| J P Morgan Exchange Traded F |
98.94%
17,600
|
$1,018,336,000 | 0.70% |
| Becton Dickinson Co |
80.63%
4,075
|
$1,008,359,000 | 0.69% |
| Blackrock Inc. |
73.93%
1,181
|
$984,600,000 | 0.67% |
| Air Prods Chems Inc |
282.92%
4,036
|
$977,802,000 | 0.67% |
| Mondelez International Inc. |
6.27%
13,735
|
$961,450,000 | 0.66% |
| Salesforce Inc |
53.43%
3,176
|
$956,548,000 | 0.66% |
| Constellation Brands, Inc. |
28.59%
3,486
|
$947,355,000 | 0.65% |
| Norfolk Southn Corp |
27.52%
3,637
|
$926,962,000 | 0.64% |
| Emerson Elec Co |
Opened
8,157
|
$925,167,000 | 0.63% |
| Lauder Estee Cos Inc |
20.94%
5,978
|
$921,509,000 | 0.63% |
| Verizon Communications Inc |
50.12%
21,936
|
$920,435,000 | 0.63% |
| Albemarle Corp. |
79.86%
6,905
|
$909,665,000 | 0.62% |
| Broadcom Inc. |
217.16%
647
|
$857,540,000 | 0.59% |
| Costco Whsl Corp New |
205.83%
1,101
|
$806,876,000 | 0.55% |
| Invesco Exch Trd Slf Idx Fd |
Opened
126,157
|
$2,502,379,000 | 1.71% |
| Brixmor Ppty Group Inc |
26.08%
33,232
|
$779,290,000 | 0.53% |
| Dominion Energy Inc |
17.18%
15,728
|
$773,660,000 | 0.53% |
| Ishares Tr |
Opened
38,996
|
$3,042,289,000 | 2.08% |
| Philip Morris International Inc |
21.22%
7,925
|
$726,088,000 | 0.50% |
| Netflix Inc. |
51.22%
1,178
|
$715,435,000 | 0.49% |
| Coca-Cola Co |
Opened
11,180
|
$683,992,000 | 0.47% |
| Visa Inc |
39.24%
2,434
|
$679,281,000 | 0.47% |
| Carrier Global Corporation |
0.92%
11,012
|
$640,128,000 | 0.44% |
| Pfizer Inc. |
49.35%
22,559
|
$626,012,000 | 0.43% |
| Intel Corp. |
21.45%
13,994
|
$618,115,000 | 0.42% |
| Halliburton Co. |
66.53%
15,386
|
$606,516,000 | 0.42% |
| Fortinet Inc |
119.27%
8,464
|
$578,176,000 | 0.40% |
| Crown Castle Inc |
Opened
5,138
|
$543,755,000 | 0.37% |
| Cisco Sys Inc |
Opened
10,610
|
$529,545,000 | 0.36% |
| General Dynamics Corp. |
107.70%
1,861
|
$525,714,000 | 0.36% |
| Canadian Pacific Kansas City |
112.47%
5,539
|
$488,374,000 | 0.33% |
| Elevance Health Inc |
6.13%
865
|
$448,537,000 | 0.31% |
| Zoetis Inc |
26.11%
2,642
|
$447,053,000 | 0.31% |
| Masco Corp. |
1.37%
5,631
|
$444,173,000 | 0.30% |
| Altria Group Inc. |
37.16%
9,705
|
$423,332,000 | 0.29% |
| Otis Worldwide Corporation |
8.95%
4,261
|
$422,989,000 | 0.29% |
| Markel Group Inc |
Opened
272
|
$413,843,000 | 0.28% |
| Alphabet Inc |
Opened
2,660
|
$405,012,000 | 0.28% |
| International Business Machs |
Opened
1,851
|
$353,467,000 | 0.24% |
| Comcast Corp New |
30.61%
7,741
|
$335,572,000 | 0.23% |
| Bank America Corp |
Opened
8,695
|
$329,714,000 | 0.23% |
| Cummins Inc. |
3.33%
1,085
|
$319,695,000 | 0.22% |
| MetLife, Inc. |
6.29%
4,273
|
$316,672,000 | 0.22% |
| Yum Brands Inc. |
10.82%
2,283
|
$316,538,000 | 0.22% |
| United Parcel Service, Inc. |
Closed
1,983
|
$311,787,000 | |
| Starbucks Corp. |
Opened
3,225
|
$294,733,000 | 0.20% |
| Medtronic Plc |
Closed
3,403
|
$282,618,000 | |
| Invesco Exchng Trad Slf Inde |
Opened
13,909
|
$281,657,000 | 0.19% |
| Blackstone Inc |
1.95%
2,090
|
$274,563,000 | 0.19% |
| Bristol-Myers Squibb Co. |
Opened
4,828
|
$261,822,000 | 0.18% |
| Spdr Gold Tr |
Opened
1,261
|
$259,413,000 | 0.18% |
| Genuine Parts Co. |
Opened
1,671
|
$258,888,000 | 0.18% |
| Caterpillar Inc. |
Opened
697
|
$255,402,000 | 0.17% |
| Walmart Inc |
Opened
4,167
|
$250,728,000 | 0.17% |
| Att Inc |
13.27%
13,502
|
$237,635,000 | 0.16% |
| Texas Instrs Inc |
Opened
1,310
|
$228,215,000 | 0.16% |
| Aon plc. |
Opened
678
|
$226,262,000 | 0.16% |
| Truist Finl Corp |
Opened
5,285
|
$206,009,000 | 0.14% |
| Tjx Cos Inc New |
Opened
2,000
|
$202,840,000 | 0.14% |
| Grab Holdings Limited |
Opened
27,328
|
$85,810,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 105 holdings | |||
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