New Century 13F annual report
New Century is an investment fund managing more than $143 billion ran by Richard Oring. There are currently 160 companies in Mr. Oring’s portfolio. The largest investments include Ishares Tr and Pacer Fds Tr, together worth $29.2 billion.
$143 billion Assets Under Management (AUM)
As of 12th April 2024, New Century’s top holding is 194,135 shares of Ishares Tr currently worth over $19.6 billion and making up 13.7% of the portfolio value.
In addition, the fund holds 329,524 shares of Pacer Fds Tr worth $9.59 billion.
The third-largest holding is Microsoft worth $4.93 billion and the next is Alphabet Inc worth $3.32 billion, with 21,978 shares owned.
Currently, New Century's portfolio is worth at least $143 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 New Century
The New Century office and employees reside in Princeton, New Jersey. According to the last 13-F report filed with the SEC, Richard Oring serves as the President & CCO at New Century.
Recent trades
In the most recent 13F filing, New Century revealed that it had opened a new position in
AES and bought 68,871 shares worth $1.23 billion.
This means they effectively own approximately 0.1% of the company.
AES makes up
84.0%
of the fund's Utilities sector allocation and has decreased its share price by 33.6% in the past year.
The investment fund also strengthened its position in Pacer Fds Tr by buying
132,766 additional shares.
This makes their stake in Pacer Fds Tr total 329,524 shares worth $9.59 billion.
On the other hand, there are companies that New Century is getting rid of from its portfolio.
New Century closed its position in Spdr Ser Tr on 19th April 2024.
It sold the previously owned 31,139 shares for $1.62 billion.
Richard Oring also disclosed a decreased stake in Ishares Tr by 0.1%.
This leaves the value of the investment at $19.6 billion and 194,135 shares.
One of the smallest hedge funds
The two most similar investment funds to New Century are Intrepid Capital Management Inc and Checkpoint Capital L.P.. They manage $143 billion and $143 billion respectively.
Richard Oring investment strategy
New Century’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 17.3% of
the total portfolio value.
The fund focuses on investments in the United States as
58.8% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $160 billion.
The complete list of New Century trades based on 13F SEC filings
These positions were updated on April 19th 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 |
11.17%
194,135
|
$19,580,814,000 | 13.67% |
| Pacer Fds Tr |
67.48%
329,524
|
$9,593,165,000 | 6.70% |
| Microsoft Corporation |
1.58%
11,718
|
$4,929,787,000 | 3.44% |
| Alphabet Inc |
14.78%
21,978
|
$3,317,140,000 | 2.32% |
| Chevron Corp. |
277.78%
19,335
|
$3,049,980,000 | 2.13% |
| NVIDIA Corp |
31.52%
2,933
|
$2,650,141,000 | 1.85% |
| Apple Inc |
22.22%
12,097
|
$2,074,352,000 | 1.45% |
| Meta Platforms Inc |
34.24%
4,191
|
$2,035,066,000 | 1.42% |
| Amazon.com Inc. |
16.65%
10,893
|
$1,964,879,000 | 1.37% |
| Magna International Inc. |
13.44%
34,948
|
$1,903,967,000 | 1.33% |
| Berkshire Hathaway Inc. |
15.19%
4,064
|
$1,708,825,000 | 1.19% |
| Eli Lilly & Co |
64.68%
1,986
|
$1,545,029,000 | 1.08% |
| Goldman Sachs Etf Tr |
112.17%
14,871
|
$1,500,335,000 | 1.05% |
| Citigroup Inc |
4.14%
23,587
|
$1,491,642,000 | 1.04% |
| VanEck ETF Trust |
475.97%
15,511
|
$1,394,439,000 | 0.97% |
| Lincoln Natl Corp Ind |
0.13%
43,306
|
$1,382,761,000 | 0.97% |
| Medtronic Plc |
407.78%
15,599
|
$1,359,453,000 | 0.95% |
| Corebridge Finl Inc |
0.27%
46,484
|
$1,335,485,000 | 0.93% |
| Visa Inc |
1.61%
4,573
|
$1,276,233,000 | 0.89% |
| JPMorgan Chase & Co. |
7.21%
6,216
|
$1,245,065,000 | 0.87% |
| AES Corp. |
Opened
68,871
|
$1,234,857,000 | 0.86% |
| American Eagle Outfitters In |
Opened
47,530
|
$1,225,799,000 | 0.86% |
| Carpenter Technology Corp. |
30.33%
16,737
|
$1,195,357,000 | 0.83% |
| Humana Inc. |
Opened
3,413
|
$1,183,355,000 | 0.83% |
| Johnson & Johnson |
0.88%
7,452
|
$1,178,832,000 | 0.82% |
| Pfizer Inc. |
Opened
42,435
|
$1,177,571,000 | 0.82% |
| Spdr Ser Tr |
Closed
31,139
|
$1,624,119,000 | |
| Prudential Finl Inc |
0.75%
9,749
|
$1,144,533,000 | 0.80% |
| Chubb Limited |
0.48%
4,384
|
$1,136,026,000 | 0.79% |
| Bristol-Myers Squibb Co. |
Opened
20,938
|
$1,135,468,000 | 0.79% |
| Newmont Corp |
Opened
31,472
|
$1,127,956,000 | 0.79% |
| Spdr S&p 500 Etf Tr |
1.90%
2,148
|
$1,123,554,000 | 0.78% |
| Block Inc |
Opened
13,257
|
$1,121,277,000 | 0.78% |
| Salesforce Inc |
18.70%
3,695
|
$1,112,860,000 | 0.78% |
| Cheesecake Factory Inc. |
Opened
30,645
|
$1,107,817,000 | 0.77% |
| Molson Coors Beverage Company |
Opened
16,455
|
$1,106,599,000 | 0.77% |
| Royalty Pharma plc |
Opened
35,908
|
$1,090,526,000 | 0.76% |
| Upwork Inc |
Opened
88,338
|
$1,083,024,000 | 0.76% |
| Baxter International Inc. |
Opened
25,196
|
$1,076,877,000 | 0.75% |
| Maximus Inc. |
Opened
12,739
|
$1,068,802,000 | 0.75% |
| AT&T, Inc. |
0.13%
60,452
|
$1,063,955,000 | 0.74% |
| Cigna Group (The) |
Closed
3,436
|
$1,028,910,000 | |
| Mastercard Incorporated |
3.61%
2,136
|
$1,028,393,000 | 0.72% |
| Waste Mgmt Inc Del |
Closed
5,619
|
$1,006,363,000 | |
| Uber Technologies Inc |
8.92%
12,896
|
$992,863,000 | 0.69% |
| General Mtrs Co |
3.14%
21,800
|
$988,630,000 | 0.69% |
| Conagra Brands Inc |
Closed
34,343
|
$984,270,000 | |
| Autoliv Inc. |
Closed
8,931
|
$984,107,000 | |
| Laureate Education Inc |
40.81%
67,527
|
$983,868,000 | 0.69% |
| Ishares Tr |
Closed
18,963
|
$2,059,937,000 | |
| Owens & Minor, Inc. |
Closed
49,673
|
$957,199,000 | |
| Unum Group |
Closed
20,216
|
$914,168,000 | |
| J P Morgan Exchange Traded F |
Opened
15,357
|
$888,556,000 | 0.62% |
| ServiceNow Inc |
4.15%
1,156
|
$881,334,000 | 0.62% |
| AMGEN Inc. |
5.48%
3,063
|
$870,872,000 | 0.61% |
| Spdr Ser Tr |
18.67%
26,089
|
$1,440,270,000 | 1.01% |
| Canadian Natl Ry Co |
8.56%
6,340
|
$835,041,000 | 0.58% |
| Honeywell International Inc |
5.04%
3,980
|
$816,895,000 | 0.57% |
| Walmart Inc |
227.40%
13,345
|
$802,969,000 | 0.56% |
| Pepsico Inc |
4.40%
4,579
|
$801,371,000 | 0.56% |
| Nextracker Inc |
Opened
13,891
|
$781,647,000 | 0.55% |
| Vanguard Index Fds |
31.80%
6,064
|
$1,507,363,000 | 1.05% |
| Micron Technology Inc. |
2.54%
6,474
|
$763,220,000 | 0.53% |
| Lennar Corp. |
30.43%
4,341
|
$746,565,000 | 0.52% |
| CarGurus Inc |
Closed
30,440
|
$735,430,000 | |
| Spdr Gold Tr |
11.84%
3,513
|
$722,694,000 | 0.50% |
| Liberty Global Ltd |
12.36%
40,536
|
$715,055,000 | 0.50% |
| Arista Networks Inc |
7.74%
2,436
|
$706,391,000 | 0.49% |
| Select Sector Spdr Tr |
0.88%
3,340
|
$695,622,000 | 0.49% |
| Dycom Inds Inc |
Closed
5,992
|
$689,619,000 | |
| Oracle Corp. |
9.47%
5,466
|
$686,584,000 | 0.48% |
| Thermo Fisher Scientific Inc. |
2.63%
1,147
|
$666,648,000 | 0.47% |
| Vodafone Group plc |
15.11%
74,501
|
$663,059,000 | 0.46% |
| Invesco Exch Traded Fd Tr Ii |
Closed
3,932
|
$662,699,000 | |
| Thor Inds Inc |
0.94%
5,604
|
$657,573,000 | 0.46% |
| Tjx Cos Inc New |
5.14%
6,383
|
$647,364,000 | 0.45% |
| Vertex Pharmaceuticals, Inc. |
13.02%
1,536
|
$642,063,000 | 0.45% |
| Caterpillar Inc. |
0.63%
1,746
|
$639,747,000 | 0.45% |
| Cisco Sys Inc |
9.55%
12,792
|
$638,449,000 | 0.45% |
| Intel Corp. |
9.88%
14,158
|
$625,359,000 | 0.44% |
| Adobe Inc |
11.95%
1,230
|
$620,658,000 | 0.43% |
| Macys Inc |
0.78%
30,984
|
$619,370,000 | 0.43% |
| Fedex Corp |
2.26%
2,128
|
$616,567,000 | 0.43% |
| KLA Corp. |
35.51%
851
|
$594,483,000 | 0.41% |
| Cognizant Technology Solutio |
4.39%
8,100
|
$593,649,000 | 0.41% |
| Philip Morris International Inc |
Opened
5,993
|
$549,079,000 | 0.38% |
| Laboratory Corp Amer Hldgs |
7.54%
2,495
|
$545,058,000 | 0.38% |
| Hunt J B Trans Svcs Inc |
5.13%
2,706
|
$539,171,000 | 0.38% |
| Coca-Cola Co |
14.31%
8,677
|
$530,859,000 | 0.37% |
| Unitedhealth Group Inc |
18.09%
1,055
|
$521,909,000 | 0.36% |
| Cadence Design System Inc |
0.77%
1,667
|
$518,904,000 | 0.36% |
| Hormel Foods Corp. |
42.77%
14,711
|
$513,267,000 | 0.36% |
| Taiwan Semiconductor Mfg Ltd |
12.94%
3,762
|
$511,820,000 | 0.36% |
| Verisk Analytics Inc |
4.87%
2,151
|
$507,055,000 | 0.35% |
| Spdr Ser Tr |
Opened
5,766
|
$503,314,000 | 0.35% |
| Invesco Exch Traded Fd Tr Ii |
Opened
6,209
|
$498,086,000 | 0.35% |
| Intuit Inc |
5.27%
755
|
$490,750,000 | 0.34% |
| Starbucks Corp. |
7.01%
5,310
|
$485,281,000 | 0.34% |
| Snap-on, Inc. |
4.17%
1,625
|
$481,358,000 | 0.34% |
| Vanguard Specialized Funds |
No change
2,590
|
$472,960,000 | 0.33% |
| L3Harris Technologies Inc |
18.12%
2,110
|
$449,641,000 | 0.31% |
| Deckers Outdoor Corp. |
9.11%
467
|
$439,568,000 | 0.31% |
| Hershey Company |
18.26%
2,247
|
$437,042,000 | 0.31% |
| Booking Holdings Inc |
12.15%
120
|
$435,346,000 | 0.30% |
| Vanguard Index Fds |
Opened
903
|
$434,246,000 | 0.30% |
| Unilever plc |
Closed
8,788
|
$426,042,000 | |
| Gallagher Arthur J & Co |
40.30%
1,685
|
$421,317,000 | 0.29% |
| Electronic Arts, Inc. |
14.06%
2,994
|
$397,214,000 | 0.28% |
| Merck & Co Inc |
0.78%
2,987
|
$394,135,000 | 0.28% |
| Phillips 66 |
12.29%
2,198
|
$359,021,000 | 0.25% |
| Union Pac Corp |
8.11%
1,451
|
$356,844,000 | 0.25% |
| Freeport-McMoRan Inc |
14.93%
7,506
|
$352,932,000 | 0.25% |
| Amdocs Ltd |
10.81%
3,905
|
$352,895,000 | 0.25% |
| Motorola Solutions Inc |
9.62%
991
|
$351,785,000 | 0.25% |
| Astrazeneca plc |
15.78%
5,152
|
$349,048,000 | 0.24% |
| Vanguard Charlotte Fds |
5.26%
7,058
|
$347,183,000 | 0.24% |
| Royal Caribbean Group |
10.27%
2,490
|
$346,135,000 | 0.24% |
| Henry Schein Inc. |
15.68%
4,575
|
$345,504,000 | 0.24% |
| American Centy Etf Tr |
Opened
5,261
|
$338,072,000 | 0.24% |
| Danaher Corp. |
4.00%
1,344
|
$335,624,000 | 0.23% |
| Moodys Corp |
1.08%
843
|
$331,324,000 | 0.23% |
| Costar Group, Inc. |
6.57%
3,404
|
$328,826,000 | 0.23% |
| Nike, Inc. |
Closed
3,018
|
$327,664,000 | |
| Abbvie Inc |
1.28%
1,741
|
$317,006,000 | 0.22% |
| Datadog Inc |
9.73%
2,527
|
$312,337,000 | 0.22% |
| Dexcom Inc |
Opened
2,239
|
$310,549,000 | 0.22% |
| Texas Instrs Inc |
Closed
1,780
|
$303,419,000 | |
| Mcdonalds Corp |
Opened
1,076
|
$303,378,000 | 0.21% |
| Godaddy Inc |
10.13%
2,544
|
$301,922,000 | 0.21% |
| Costco Whsl Corp New |
10.16%
412
|
$301,844,000 | 0.21% |
| Home Depot, Inc. |
6.03%
779
|
$298,824,000 | 0.21% |
| Cheniere Energy Inc. |
8.53%
1,832
|
$295,465,000 | 0.21% |
| FMC Corp. |
Closed
4,686
|
$295,452,000 | |
| HDFC Bank Ltd. |
Opened
5,261
|
$294,458,000 | 0.21% |
| Henry Jack & Assoc Inc |
12.73%
1,665
|
$289,260,000 | 0.20% |
| Monolithic Pwr Sys Inc |
9.53%
427
|
$289,258,000 | 0.20% |
| West Pharmaceutical Svsc Inc |
1.14%
712
|
$281,746,000 | 0.20% |
| Ameriprise Finl Inc |
0.80%
631
|
$276,656,000 | 0.19% |
| Constellation Brands, Inc. |
Opened
1,017
|
$276,380,000 | 0.19% |
| S&P Global Inc |
11.25%
623
|
$265,055,000 | 0.19% |
| Ark Etf Tr |
2.92%
5,291
|
$264,973,000 | 0.18% |
| Northrop Grumman Corp. |
11.70%
551
|
$263,742,000 | 0.18% |
| Sherwin-Williams Co. |
9.88%
756
|
$262,581,000 | 0.18% |
| Tesla Inc |
Closed
1,047
|
$260,159,000 | |
| Marvell Technology Inc |
2.07%
3,602
|
$255,310,000 | 0.18% |
| Edwards Lifesciences Corp |
Opened
2,667
|
$254,859,000 | 0.18% |
| Copart, Inc. |
22.59%
4,369
|
$253,052,000 | 0.18% |
| Janus Detroit Str Tr |
Opened
5,200
|
$252,200,000 | 0.18% |
| Biomarin Pharmaceutical Inc. |
39.20%
2,871
|
$250,753,000 | 0.18% |
| Ishares Tr |
Opened
6,728
|
$457,518,000 | 0.32% |
| Progressive Corp. |
Opened
1,202
|
$248,598,000 | 0.17% |
| Sanofi |
20.08%
5,108
|
$248,249,000 | 0.17% |
| Procter And Gamble Co |
6.27%
1,526
|
$247,594,000 | 0.17% |
| Vanguard Intl Equity Index F |
Closed
4,379
|
$245,837,000 | |
| Paychex Inc. |
2.51%
1,979
|
$243,021,000 | 0.17% |
| Chipotle Mexican Grill |
Opened
83
|
$241,262,000 | 0.17% |
| Argenx Se |
9.52%
610
|
$240,169,000 | 0.17% |
| Evergy Inc |
13.91%
4,395
|
$234,605,000 | 0.16% |
| Fortive Corp |
Opened
2,712
|
$233,286,000 | 0.16% |
| Idexx Labs Inc |
55.20%
422
|
$227,850,000 | 0.16% |
| American Tower Corp. |
15.20%
1,149
|
$227,067,000 | 0.16% |
| CSX Corp. |
Opened
6,108
|
$226,424,000 | 0.16% |
| Dbx Etf Tr |
1.19%
5,467
|
$224,420,000 | 0.16% |
| Accenture Plc Ireland |
12.69%
647
|
$224,104,000 | 0.16% |
| Vanguard Scottsdale Fds |
Opened
3,853
|
$223,715,000 | 0.16% |
| Intercontinental Exchange In |
Opened
1,621
|
$222,774,000 | 0.16% |
| Novartis AG |
Closed
2,185
|
$220,619,000 | |
| Stryker Corp. |
Opened
616
|
$220,448,000 | 0.15% |
| MongoDB Inc |
9.52%
610
|
$218,770,000 | 0.15% |
| Abbott Labs |
2.24%
1,919
|
$218,163,000 | 0.15% |
| Intuitive Surgical Inc |
Closed
646
|
$217,935,000 | |
| Blackrock Inc. |
0.77%
261
|
$217,596,000 | 0.15% |
| Select Sector Spdr Tr |
Opened
2,619
|
$213,868,000 | 0.15% |
| EBay Inc. |
Opened
3,970
|
$209,537,000 | 0.15% |
| Pacer Fds Tr |
Opened
6,032
|
$209,310,000 | 0.15% |
| Invesco Exchange Traded Fd T |
Opened
1,900
|
$209,095,000 | 0.15% |
| MSCI Inc |
Closed
369
|
$208,725,000 | |
| Analog Devices Inc. |
Closed
1,036
|
$205,737,000 | |
| Lockheed Martin Corp. |
Opened
450
|
$204,692,000 | 0.14% |
| Blackstone Inc |
5.65%
1,536
|
$201,784,000 | 0.14% |
| Discover Finl Svcs |
Opened
1,538
|
$201,616,000 | 0.14% |
| Wisdomtree Tr |
Closed
10,976
|
$185,824,000 | |
| No transactions found | |||
| Showing first 500 out of 182 holdings | |||
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