Navpoint 13F annual report
Navpoint is an investment fund managing more than $115 billion ran by Krista Ketelsen. There are currently 35 companies in Mrs. Ketelsen’s portfolio. The largest investments include World Gold Tr and J P Morgan Exchange Traded F, together worth $26.6 billion.
$115 billion Assets Under Management (AUM)
As of 19th July 2024, Navpoint’s top holding is 343,891 shares of World Gold Tr currently worth over $15.8 billion and making up 13.8% of the portfolio value.
In addition, the fund holds 212,977 shares of J P Morgan Exchange Traded F worth $10.8 billion.
The third-largest holding is Investment Managers Ser Tr I worth $8.59 billion and the next is Vanguard Index Fds worth $18.6 billion, with 60,544 shares owned.
Currently, Navpoint's portfolio is worth at least $115 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 Navpoint
The Navpoint office and employees reside in Prior Lake, Minnesota. According to the last 13-F report filed with the SEC, Krista Ketelsen serves as the Chief Compliance Officer at Navpoint.
Recent trades
In the most recent 13F filing, Navpoint revealed that it had opened a new position in
Investment Managers Ser Tr I and bought 290,068 shares worth $8.59 billion.
The investment fund also strengthened its position in Capital Group Gbl Growth Eqt by buying
14,276 additional shares.
This makes their stake in Capital Group Gbl Growth Eqt total 246,836 shares worth $7.27 billion.
On the other hand, there are companies that Navpoint is getting rid of from its portfolio.
Navpoint closed its position in Northern Lts Fd Tr Iii on 26th July 2024.
It sold the previously owned 226,836 shares for $6.02 billion.
Krista Ketelsen also disclosed a decreased stake in World Gold Tr by 0.1%.
This leaves the value of the investment at $15.8 billion and 343,891 shares.
One of the smallest hedge funds
The two most similar investment funds to Navpoint are Muzinich & Co and Western Standard. They manage $115 billion and $115 billion respectively.
Krista Ketelsen investment strategy
Navpoint’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 7.9% of
the total portfolio value.
The fund focuses on investments in the United States as
40.0% 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
40% 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 $466 billion.
The complete list of Navpoint 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 |
|---|---|---|---|
| World Gold Tr |
14.15%
343,891
|
$15,849,936,000 | 13.76% |
| J P Morgan Exchange Traded F |
24.66%
212,977
|
$10,757,193,000 | 9.34% |
| Investment Managers Ser Tr I |
Opened
290,068
|
$8,586,008,000 | 7.45% |
| Vanguard Index Fds |
3.01%
60,544
|
$18,556,397,000 | 16.11% |
| Capital Group Gbl Growth Eqt |
6.14%
246,836
|
$7,266,862,000 | 6.31% |
| Apple Inc |
0.05%
34,225
|
$7,208,479,000 | 6.26% |
| Northern Lts Fd Tr Iii |
Closed
226,836
|
$6,024,301,000 | |
| Capital Grp Fixed Incm Etf T |
71.38%
284,800
|
$6,627,954,000 | 5.75% |
| Vanguard Intl Equity Index F |
18.58%
115,927
|
$7,770,848,000 | 6.74% |
| Berkshire Hathaway Inc. |
0.31%
10,784
|
$4,386,931,000 | 3.81% |
| Ishares Gold Tr |
7.75%
89,141
|
$3,600,495,000 | 3.12% |
| Vanguard Scottsdale Fds |
3.09%
40,339
|
$3,117,203,000 | 2.71% |
| Spdr Index Shs Fds |
13.94%
67,039
|
$2,525,363,000 | 2.19% |
| Pimco Etf Tr |
29.08%
18,331
|
$1,845,046,000 | 1.60% |
| Target Corp |
10.33%
12,071
|
$1,787,060,000 | 1.55% |
| Spdr Gold Tr |
8.22%
8,212
|
$1,765,634,000 | 1.53% |
| Microsoft Corporation |
No change
2,662
|
$1,189,781,000 | 1.03% |
| Ross Stores, Inc. |
No change
7,676
|
$1,115,476,000 | 0.97% |
| Ishares Tr |
1.52%
18,913
|
$2,066,457,000 | 1.79% |
| Capital Group Growth Etf |
9.42%
30,752
|
$1,011,432,000 | 0.88% |
| Exxon Mobil Corp. |
4.41%
8,081
|
$930,290,000 | 0.81% |
| T Rowe Price Etf Inc |
1.17%
22,372
|
$861,324,000 | 0.75% |
| Spdr Ser Tr |
2.54%
12,065
|
$1,135,666,000 | 0.99% |
| 3M Co. |
2.23%
7,185
|
$734,249,000 | 0.64% |
| Unitedhealth Group Inc |
0.75%
1,210
|
$616,406,000 | 0.53% |
| Spdr S&p 500 Etf Tr |
0.67%
1,045
|
$568,756,000 | 0.49% |
| General Mls Inc |
No change
8,145
|
$515,253,000 | 0.45% |
| Amazon.com Inc. |
No change
2,390
|
$461,868,000 | 0.40% |
| Ark Etf Tr |
No change
9,487
|
$416,954,000 | 0.36% |
| NVIDIA Corp |
Opened
2,854
|
$352,582,000 | 0.31% |
| Vanguard Bd Index Fds |
Closed
7,090
|
$350,538,000 | |
| Darden Restaurants, Inc. |
No change
2,204
|
$333,509,000 | 0.29% |
| Oracle Corp. |
No change
2,248
|
$317,418,000 | 0.28% |
| Fedex Corp |
0.75%
939
|
$281,506,000 | 0.24% |
| American Express Co. |
Opened
981
|
$227,151,000 | 0.20% |
| International Business Machs |
No change
1,247
|
$215,669,000 | 0.19% |
| Mcdonalds Corp |
No change
837
|
$213,301,000 | 0.19% |
| No transactions found | |||
| Showing first 500 out of 37 holdings | |||
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