Durante & Waters 13F annual report

Durante & Waters is an investment fund managing more than $109 billion ran by George Waters. There are currently 21 companies in Mr. Waters’s portfolio. The largest investments include Ishares Tr and Vanguard Index Fds, together worth $89.9 billion.

$109 billion Assets Under Management (AUM)

As of 22nd April 2024, Durante & Waters’s top holding is 593,747 shares of Ishares Tr currently worth over $84.9 billion and making up 78.1% of the portfolio value. In addition, the fund holds 18,914 shares of Vanguard Index Fds worth $4.92 billion. The third-largest holding is Berkshire Hathaway worth $4.68 billion and the next is Wisdomtree Tr worth $3.4 billion, with 44,645 shares owned.

Currently, Durante & Waters's portfolio is worth at least $109 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 Durante & Waters

The Durante & Waters office and employees reside in Brewster, New York. According to the last 13-F report filed with the SEC, George Waters serves as the Operations Manager at Durante & Waters.

Recent trades

In the most recent 13F filing, Durante & Waters revealed that it had opened a new position in Spdr Sp 500 Etf Tr and bought 405 shares worth $212 million.

The investment fund also strengthened its position in United Parcel Service by buying 1 additional shares. This makes their stake in United Parcel Service total 3,734 shares worth $555 million. United Parcel Service dropped approximately 0.1% in the past year.

On the other hand, George Waters disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $84.9 billion and 593,747 shares.

One of the smallest hedge funds

The two most similar investment funds to Durante & Waters are Riverglades Family Offices and Armstrong, Fleming & Moore, Inc. They manage $109 billion and $109 billion respectively.

George Waters investment strategy

Durante & Waters’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Finance — making up 4.9% of the total portfolio value. The fund focuses on investments in the United States as 38.1% 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 38% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $670 billion.

The complete list of Durante & Waters 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
Ishares Tr	1.89% 593,747	$84,936,195,000	78.10%
Vanguard Index Fds	1.61% 18,914	$4,915,749,000	4.52%
Berkshire Hathaway Inc.	No change 587	$4,684,982,000	4.31%
Wisdomtree Tr	1.26% 44,645	$3,401,471,000	3.13%
Vanguard Specialized Funds	1.23% 12,303	$2,246,624,000	2.07%
Amazon.com Inc.	No change 6,871	$1,239,391,000	1.14%
Alphabet Inc	No change 10,690	$1,617,432,000	1.49%
Tesla Inc	0.84% 5,870	$1,031,887,000	0.95%
Apple Inc	0.44% 5,476	$938,987,000	0.86%
United Parcel Service, Inc.	0.03% 3,734	$555,002,000	0.51%
Mastercard Incorporated	No change 1,000	$481,570,000	0.44%
Invesco Exchange Traded Fd T	No change 3,600	$341,604,000	0.31%
Schwab Strategic Tr	No change 4,200	$338,646,000	0.31%
Tjx Cos Inc New	No change 3,120	$316,430,000	0.29%
Spdr Gold Tr	3.20% 1,452	$298,705,000	0.27%
Ishares Gold Tr	3.50% 6,660	$279,787,000	0.26%
Ishares Silver Tr	4.07% 11,500	$261,625,000	0.24%
Invesco Exch Traded Fd Tr Ii	0.15% 1,302	$237,951,000	0.22%
Visa Inc	No change 770	$214,918,000	0.20%
Spdr Sp 500 Etf Tr	Opened 405	$211,843,000	0.19%
Vanguard World Fd	Opened 1,522	$200,447,000	0.18%
No transactions found
Showing first 500 out of 21 holdings