Sterling 13F annual report
Sterling is an investment fund managing more than $218 billion ran by Berkeley Harrison. There are currently 39 companies in Harrison’s portfolio. The largest investments include J P Morgan Exchange Traded F and Amplify Etf Tr, together worth $62.5 billion.
$218 billion Assets Under Management (AUM)
As of 8th July 2024, Sterling’s top holding is 352,701 shares of J P Morgan Exchange Traded F currently worth over $26.5 billion and making up 12.1% of the portfolio value.
In addition, the fund holds 1,007,989 shares of Amplify Etf Tr worth $35.9 billion.
The third-largest holding is Dimensional Etf Trust worth $37.1 billion and the next is Invesco Exch Trd Slf Idx Fd worth $50.2 billion, with 2,365,070 shares owned.
Currently, Sterling's portfolio is worth at least $218 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 Sterling
The Sterling office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, Berkeley Harrison serves as the Berkeley Harrison at Sterling.
Recent trades
In the most recent 13F filing, Sterling revealed that it had opened a new position in
Invesco Exch Trd Slf Idx Fd and bought 110,153 shares worth $2.86 billion.
The investment fund also strengthened its position in Amplify Etf Tr by buying
380,433 additional shares.
This makes their stake in Amplify Etf Tr total 1,007,989 shares worth $35.9 billion.
On the other hand, there are companies that Sterling is getting rid of from its portfolio.
Sterling closed its position in Invesco Exch Trd Slf Idx Fd on 15th July 2024.
It sold the previously owned 46,715 shares for $931 million.
Berkeley Harrison also disclosed a decreased stake in J P Morgan Exchange Traded F by approximately 0.1%.
This leaves the value of the investment at $26.5 billion and 352,701 shares.
One of the smallest hedge funds
The two most similar investment funds to Sterling are Cypress Financial Planning and Harbor Island Capital. They manage $218 billion and $218 billion respectively.
Berkeley Harrison investment strategy
Sterling’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 6.2% of
the total portfolio value.
The fund focuses on investments in the United States as
48.7% 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 5.1% of the portfolio.
The average market cap of the portfolio companies is close to $478 billion.
The complete list of Sterling trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| J P Morgan Exchange Traded F |
0.94%
352,701
|
$26,505,465,000 | 12.14% |
| Amplify Etf Tr |
60.62%
1,007,989
|
$35,945,105,000 | 16.46% |
| Dimensional Etf Trust |
9.89%
1,082,849
|
$37,115,694,000 | 17.00% |
| Invesco Exch Trd Slf Idx Fd |
8.14%
2,365,070
|
$50,247,717,000 | 23.01% |
| Vanguard Bd Index Fds |
84.57%
243,358
|
$17,105,655,000 | 7.83% |
| Apple Inc |
4.69%
53,813
|
$11,334,127,000 | 5.19% |
| Spdr Ser Tr |
116.67%
186,513
|
$8,532,981,000 | 3.91% |
| Spdr S&p 500 Etf Tr |
9.40%
6,923
|
$3,767,635,000 | 1.73% |
| Invesco Exch Trd Slf Idx Fd |
Opened
110,153
|
$2,855,175,000 | 1.31% |
| Microsoft Corporation |
9.64%
4,176
|
$1,866,530,000 | 0.85% |
| NVIDIA Corp |
938.22%
14,940
|
$1,845,719,000 | 0.85% |
| Berkshire Hathaway Inc. |
113.86%
3,935
|
$1,600,758,000 | 0.73% |
| Vanguard Index Fds |
No change
10,520
|
$1,582,524,000 | 0.72% |
| Ishares Tr |
0.75%
43,286
|
$5,936,416,000 | 2.72% |
| Amazon.com Inc. |
4.38%
7,669
|
$1,482,034,000 | 0.68% |
| Spdr Ser Tr |
Opened
16,200
|
$1,036,800,000 | 0.47% |
| CVS Health Corp |
0.14%
13,191
|
$779,060,000 | 0.36% |
| Chevron Corp. |
4.39%
4,561
|
$713,432,000 | 0.33% |
| Alphabet Inc |
1.73%
6,469
|
$1,181,708,000 | 0.54% |
| Union Pac Corp |
138.87%
3,036
|
$686,925,000 | 0.31% |
| Meta Platforms Inc |
No change
1,064
|
$536,497,000 | 0.25% |
| Lockheed Martin Corp. |
22.99%
1,112
|
$519,415,000 | 0.24% |
| Tesla Inc |
60.79%
2,391
|
$473,131,000 | 0.22% |
| Vaneck Bitcoin Tr |
Opened
6,930
|
$470,339,000 | 0.22% |
| Marriott Intl Inc New |
0.23%
1,743
|
$421,405,000 | 0.19% |
| Palo Alto Networks Inc |
1.25%
1,214
|
$411,558,000 | 0.19% |
| Exxon Mobil Corp. |
5.05%
3,329
|
$383,234,000 | 0.18% |
| Pepsico Inc |
2.94%
2,146
|
$353,940,000 | 0.16% |
| JPMorgan Chase & Co. |
0.72%
1,671
|
$337,976,000 | 0.15% |
| Eli Lilly & Co |
1.12%
361
|
$326,842,000 | 0.15% |
| Invesco Exch Trd Slf Idx Fd |
Closed
46,715
|
$931,256,000 | |
| Home Depot, Inc. |
No change
849
|
$292,260,000 | 0.13% |
| Canadian Pacific Kansas City |
Opened
3,442
|
$270,989,000 | 0.12% |
| Visa Inc |
2.11%
1,023
|
$268,507,000 | 0.12% |
| Taiwan Semiconductor Mfg Ltd |
Opened
1,461
|
$253,936,000 | 0.12% |
| Costco Whsl Corp New |
Opened
289
|
$245,647,000 | 0.11% |
| Vanguard Scottsdale Fds |
Closed
1,275
|
$234,026,000 | |
| Merck & Co Inc |
Opened
1,764
|
$218,383,000 | 0.10% |
| Broadcom Inc. |
Opened
136
|
$218,352,000 | 0.10% |
| Qualcomm, Inc. |
Opened
1,077
|
$214,517,000 | 0.10% |
| Unitedhealth Group Inc |
Closed
387
|
$203,744,000 | |
| Lloyds Banking Group plc |
33.89%
17,206
|
$46,972,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 42 holdings | |||
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