Crosspoint Financial 13F annual report

Crosspoint Financial is an investment fund managing more than $24.5 billion ran by Tu Tran. There are currently 16 companies in Mrs. Tran’s portfolio. The largest investments include Innovator ETFs Trust and Berkshire Hathaway, together worth $15.6 billion.

$24.5 billion Assets Under Management (AUM)

As of 19th July 2024, Crosspoint Financial’s top holding is 379,504 shares of Innovator ETFs Trust currently worth over $12.1 billion and making up 49.5% of the portfolio value. Relative to the number of outstanding shares of Innovator ETFs Trust, Crosspoint Financial owns less than approximately 0.1% of the company. In addition, the fund holds 8,605 shares of Berkshire Hathaway worth $3.5 billion, whose value grew 11.8% in the past six months. The third-largest holding is Ishares Tr worth $2.23 billion and the next is VanEck ETF Trust worth $1.44 billion, with 4,544 shares owned.

Currently, Crosspoint Financial's portfolio is worth at least $24.5 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 Crosspoint Financial

The Crosspoint Financial office and employees reside in Tustin, California. According to the last 13-F report filed with the SEC, Tu Tran serves as the Chief Compliance Officer at Crosspoint Financial.

Recent trades

In the most recent 13F filing, Crosspoint Financial revealed that it had opened a new position in Innovator ETFs Trust and bought 379,504 shares worth $12.1 billion. This means they effectively own approximately 0.1% of the company. Innovator ETFs Trust makes up 89.4% of the fund's Miscellaneous sector allocation and has grown its share price by 11.6% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 4,908 additional shares. This makes their stake in Ishares Tr total 48,430 shares worth $2.23 billion.

On the other hand, there are companies that Crosspoint Financial is getting rid of from its portfolio. Crosspoint Financial closed its position in First Tr Exchng Traded Fd Vi on 26th July 2024. It sold the previously owned 23,050 shares for $835 million. Tu Tran also disclosed a decreased stake in VanEck ETF Trust by approximately 0.1%. This leaves the value of the investment at $1.44 billion and 4,544 shares.

One of the smallest hedge funds

The two most similar investment funds to Crosspoint Financial are Context Capital Management and Bishop Rock Capital, L.P.. They manage $24.4 billion and $24.3 billion respectively.


Tu Tran investment strategy

Crosspoint Financial’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Miscellaneous — making up 55.4% of the total portfolio value. The fund focuses on investments in the United States as 43.8% 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 38% of the total holdings value. On the other hand, small-cap stocks make up 12.5% of the portfolio. The average market cap of the portfolio companies is close to $616 billion.

The complete list of Crosspoint Financial trades based on 13F SEC filings

These positions were updated on July 26th 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
Innovator ETFs Trust
Opened
379,504
$12,119,426,000 49.49%
Berkshire Hathaway Inc.
No change
8,605
$3,500,514,000 14.29%
Ishares Tr
11.28%
48,430
$2,225,364,000 9.09%
VanEck ETF Trust
1.30%
4,544
$1,436,723,000 5.87%
Etf Ser Solutions
5.29%
34,030
$1,422,454,000 5.81%
First Tr Exchng Traded Fd Vi
Closed
23,050
$834,641,000
Ishares Gold Tr
No change
17,056
$749,272,000 3.06%
Meta Platforms Inc
No change
965
$486,573,000 1.99%
NVIDIA Corp
Opened
3,750
$463,280,000 1.89%
Microsoft Corporation
Opened
818
$365,604,000 1.49%
American Centy Etf Tr
Opened
3,643
$326,828,000 1.33%
Amazon.com Inc.
Opened
1,640
$316,930,000 1.29%
Apple Inc
Opened
1,364
$287,286,000 1.17%
Coinbase Global Inc
No change
1,153
$256,256,000 1.05%
East West Bancorp, Inc.
No change
3,279
$240,121,000 0.98%
First Tr Exchange-traded Fd
Opened
11,065
$221,539,000 0.90%
Direxion Shs Etf Tr
Closed
5,048
$216,651,000
Microstrategy Inc.
Closed
125
$213,070,000
New York Cmnty Bancorp Inc
0.10%
22,023
$70,914,000 0.29%
No transactions found
Showing first 500 out of 19 holdings