Kapstone Advisors 13F annual report
Kapstone Advisors is an investment fund managing more than $151 billion ran by David Kronour. There are currently 95 companies in Mr. Kronour’s portfolio. The largest investments include Ishares Tr and Apple Inc, together worth $63.2 billion.
$151 billion Assets Under Management (AUM)
As of 26th July 2024, Kapstone Advisors’s top holding is 234,083 shares of Ishares Tr currently worth over $44 billion and making up 29.2% of the portfolio value.
In addition, the fund holds 91,338 shares of Apple Inc worth $19.2 billion, whose value grew 17.5% in the past six months.
The third-largest holding is Microstrategy worth $9.82 billion and the next is Procter And Gamble Co worth $5.5 billion, with 33,358 shares owned.
Currently, Kapstone Advisors's portfolio is worth at least $151 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 Kapstone Advisors
The Kapstone Advisors office and employees reside in Dayton, Ohio. According to the last 13-F report filed with the SEC, David Kronour serves as the Chief Compliance Officer at Kapstone Advisors.
Recent trades
In the most recent 13F filing, Kapstone Advisors revealed that it had opened a new position in
Goldman Sachs and bought 3,036 shares worth $1.37 billion.
This means they effectively own approximately 0.1% of the company.
Goldman Sachs makes up
18.0%
of the fund's Finance sector allocation and has grown its share price by 42.4% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
3,908 additional shares.
This makes their stake in Ishares Tr total 234,083 shares worth $44 billion.
On the other hand, there are companies that Kapstone Advisors is getting rid of from its portfolio.
Kapstone Advisors closed its position in Chipotle Mexican Grill on 2nd August 2024.
It sold the previously owned 350 shares for $1.02 billion.
David Kronour also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $19.2 billion and 91,338 shares.
One of the smallest hedge funds
The two most similar investment funds to Kapstone Advisors are Guidance and Guardian Partners. They manage $151 billion and $151 billion respectively.
David Kronour investment strategy
Kapstone Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
56.8% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Kapstone Advisors trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Ishares Tr |
1.70%
234,083
|
$43,993,877,000 | 29.17% |
| Apple Inc |
0.09%
91,338
|
$19,237,703,000 | 12.75% |
| Microstrategy Inc. |
2.24%
7,130
|
$9,821,432,000 | 6.51% |
| Procter And Gamble Co |
4.62%
33,358
|
$5,501,329,000 | 3.65% |
| Meta Platforms Inc |
0.80%
9,255
|
$4,666,556,000 | 3.09% |
| Microsoft Corporation |
4.72%
9,833
|
$4,394,793,000 | 2.91% |
| Vanguard Whitehall Fds |
1.68%
32,269
|
$3,827,103,000 | 2.54% |
| Alphabet Inc |
0.36%
27,745
|
$5,066,291,000 | 3.36% |
| NVIDIA Corp |
938.28%
19,800
|
$2,446,092,000 | 1.62% |
| Abbvie Inc |
1.50%
14,045
|
$2,409,026,000 | 1.60% |
| Jpmorgan Chase Co. |
2.49%
9,346
|
$1,890,223,000 | 1.25% |
| Berkshire Hathaway Inc. |
2.56%
4,528
|
$2,453,825,000 | 1.63% |
| First Tr Exchange-traded Fd |
0.51%
34,597
|
$2,526,351,000 | 1.68% |
| Amazon.com Inc. |
No change
7,985
|
$1,543,101,000 | 1.02% |
| Goldman Sachs Group, Inc. |
Opened
3,036
|
$1,373,244,000 | 0.91% |
| Exxon Mobil Corp. |
8.20%
11,783
|
$1,356,438,000 | 0.90% |
| First Tr Exchange Traded Fd |
26.14%
42,333
|
$1,291,580,000 | 0.86% |
| Marathon Pete Corp |
No change
7,266
|
$1,260,506,000 | 0.84% |
| Select Sector Spdr Tr |
4.75%
18,736
|
$1,461,390,000 | 0.97% |
| LCNB Corp |
1.50%
88,407
|
$1,229,741,000 | 0.82% |
| Merck Co Inc |
2.67%
9,896
|
$1,225,125,000 | 0.81% |
| Johnson Johnson |
0.83%
7,845
|
$1,146,625,000 | 0.76% |
| Chipotle Mexican Grill |
Closed
350
|
$1,017,370,000 | |
| Spdr Sp 500 Etf Tr |
1.97%
1,791
|
$974,698,000 | 0.65% |
| Elevance Health Inc |
2.35%
1,696
|
$919,240,000 | 0.61% |
| Paychex Inc. |
1.54%
7,530
|
$892,757,000 | 0.59% |
| Cisco Sys Inc |
11.13%
17,432
|
$828,194,000 | 0.55% |
| Visa Inc |
0.97%
3,075
|
$807,141,000 | 0.54% |
| Martin Marietta Matls Inc |
No change
1,437
|
$778,567,000 | 0.52% |
| Palantir Technologies Inc. |
6.62%
29,780
|
$754,327,000 | 0.50% |
| Philip Morris International Inc |
68.40%
7,194
|
$728,970,000 | 0.48% |
| Vulcan Matls Co |
No change
2,838
|
$705,754,000 | 0.47% |
| Chevron Corp. |
0.98%
4,255
|
$665,567,000 | 0.44% |
| Lockheed Martin Corp. |
4.36%
1,413
|
$660,012,000 | 0.44% |
| Salesforce Inc |
5.20%
2,532
|
$650,977,000 | 0.43% |
| Duke Energy Corp. |
0.68%
6,393
|
$640,770,000 | 0.42% |
| Invesco Exchange Traded Fd T |
0.58%
34,110
|
$1,138,890,000 | 0.76% |
| CSX Corp. |
1.05%
18,778
|
$628,124,000 | 0.42% |
| Altria Group Inc. |
3.51%
13,759
|
$626,720,000 | 0.42% |
| Analog Devices Inc. |
No change
2,734
|
$624,063,000 | 0.41% |
| Home Depot, Inc. |
No change
1,741
|
$599,322,000 | 0.40% |
| Huntington Bancshares, Inc. |
No change
40,122
|
$528,808,000 | 0.35% |
| Iron Mtn Inc Del |
No change
5,788
|
$518,721,000 | 0.34% |
| Spdr Ser Tr |
No change
4,063
|
$516,732,000 | 0.34% |
| Bank America Corp |
No change
12,622
|
$501,991,000 | 0.33% |
| Intuitive Surgical Inc |
No change
1,122
|
$499,122,000 | 0.33% |
| Coca-Cola Co |
6.19%
7,684
|
$489,098,000 | 0.32% |
| D.R. Horton Inc. |
No change
3,365
|
$474,229,000 | 0.31% |
| Eli Lilly Co |
9.68%
510
|
$461,744,000 | 0.31% |
| Cardinal Health, Inc. |
5.21%
4,646
|
$456,798,000 | 0.30% |
| The Southern Co. |
1.11%
5,886
|
$456,577,000 | 0.30% |
| Bristol-Myers Squibb Co. |
11.31%
10,246
|
$425,535,000 | 0.28% |
| Tesla Inc |
4.73%
2,073
|
$410,205,000 | 0.27% |
| Pimco Etf Tr |
No change
4,040
|
$406,626,000 | 0.27% |
| Micron Technology Inc. |
No change
3,025
|
$397,878,000 | 0.26% |
| Disney Walt Co |
17.37%
3,816
|
$378,891,000 | 0.25% |
| Delta Air Lines, Inc. |
No change
7,821
|
$371,011,000 | 0.25% |
| Proshares Tr |
35.16%
3,848
|
$369,908,000 | 0.25% |
| Lamb Weston Holdings Inc |
No change
4,388
|
$368,943,000 | 0.24% |
| Kimberly-Clark Corp. |
8.95%
2,653
|
$366,645,000 | 0.24% |
| Boeing Co. |
9.97%
2,004
|
$364,831,000 | 0.24% |
| Fedex Corp |
No change
1,188
|
$356,210,000 | 0.24% |
| Conagra Brands Inc |
0.88%
11,934
|
$339,164,000 | 0.22% |
| Ford Mtr Co Del |
No change
26,995
|
$338,517,000 | 0.22% |
| Cummins Inc. |
No change
1,222
|
$338,278,000 | 0.22% |
| Verizon Communications Inc |
7.94%
7,749
|
$319,569,000 | 0.21% |
| Cincinnati Finl Corp |
No change
2,668
|
$315,061,000 | 0.21% |
| Progressive Corp. |
No change
1,470
|
$305,334,000 | 0.20% |
| Mastercard Incorporated |
No change
692
|
$305,283,000 | 0.20% |
| Lowes Cos Inc |
No change
1,361
|
$300,054,000 | 0.20% |
| Kroger Co. |
No change
5,997
|
$299,430,000 | 0.20% |
| Pepsico Inc |
1.43%
1,790
|
$295,225,000 | 0.20% |
| Novartis AG |
No change
2,695
|
$286,910,000 | 0.19% |
| American Express Co. |
5.98%
1,227
|
$284,112,000 | 0.19% |
| First Tr Nasdaq 100 Tech Ind |
6.97%
1,388
|
$274,074,000 | 0.18% |
| Mcdonalds Corp |
1.64%
1,018
|
$259,427,000 | 0.17% |
| Wisdomtree Tr |
No change
3,500
|
$247,908,000 | 0.16% |
| Nike, Inc. |
No change
3,280
|
$247,214,000 | 0.16% |
| CVS Health Corp |
24.93%
3,995
|
$235,945,000 | 0.16% |
| Qualcomm, Inc. |
Opened
1,175
|
$233,949,000 | 0.16% |
| Pfizer Inc. |
Closed
8,266
|
$229,382,000 | |
| Norfolk Southn Corp |
Closed
890
|
$226,834,000 | |
| Vanguard Index Fds |
No change
845
|
$226,046,000 | 0.15% |
| Blackstone Inc |
Closed
1,716
|
$225,431,000 | |
| Fifth Third Bancorp |
24.64%
6,118
|
$223,246,000 | 0.15% |
| Walmart Inc |
Opened
3,297
|
$223,240,000 | 0.15% |
| Mckesson Corporation |
0.79%
377
|
$220,183,000 | 0.15% |
| Global X Fds |
Opened
12,392
|
$218,967,000 | 0.15% |
| Union Pac Corp |
No change
930
|
$210,422,000 | 0.14% |
| Conocophillips |
Closed
1,652
|
$210,267,000 | |
| J P Morgan Exchange Traded F |
Opened
3,747
|
$207,958,000 | 0.14% |
| Astrazeneca plc |
Opened
2,618
|
$204,178,000 | 0.14% |
| Nucor Corp. |
No change
1,290
|
$203,923,000 | 0.14% |
| Valero Energy Corp. |
No change
1,294
|
$202,847,000 | 0.13% |
| Cohen Steers Closed-end Op |
Opened
11,650
|
$139,218,000 | 0.09% |
| abrdn World Healthcare Fund |
Opened
10,500
|
$137,865,000 | 0.09% |
| Blackrock Enhanced Equity Di |
Opened
10,911
|
$89,143,000 | 0.06% |
| Liberty All-star Growth Fd I |
Opened
15,602
|
$83,315,000 | 0.06% |
| Eaton Vance Tax-managed Glob |
No change
10,035
|
$82,989,000 | 0.06% |
| Gabelli Equity Tr Inc |
Opened
11,650
|
$60,580,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 100 holdings | |||
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