Horizon Advisory Services 13F annual report
Horizon Advisory Services is an investment fund managing more than $209 billion ran by Michael Congdon. There are currently 39 companies in Mr. Congdon’s portfolio. The largest investments include J P Morgan Exchange Traded F and First Tr Exchange-traded Fd, together worth $104 billion.
$209 billion Assets Under Management (AUM)
As of 8th August 2024, Horizon Advisory Services’s top holding is 951,038 shares of J P Morgan Exchange Traded F currently worth over $52.1 billion and making up 24.9% of the portfolio value.
In addition, the fund holds 1,262,792 shares of First Tr Exchange-traded Fd worth $52 billion.
The third-largest holding is Harbor ETF Trust worth $22.5 billion and the next is First Tr Dow Jones Select Mi worth $18.9 billion, with 315,172 shares owned.
Currently, Horizon Advisory Services's portfolio is worth at least $209 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 Horizon Advisory Services
The Horizon Advisory Services office and employees reside in West Henrietta, New York. According to the last 13-F report filed with the SEC, Michael Congdon serves as the CEO, CCO at Horizon Advisory Services.
Recent trades
In the most recent 13F filing, Horizon Advisory Services revealed that it had increased its stake in
First Tr Dow Jones Select Mi and bought 157 additional shares worth around .
On the other hand, there are companies that Horizon Advisory Services is getting rid of from its portfolio.
Horizon Advisory Services closed its position in Albemarle on 15th August 2024.
It sold the previously owned 1,726 shares for $227 million.
Michael Congdon also disclosed a decreased stake in J P Morgan Exchange Traded F by approximately 0.1%.
This leaves the value of the investment at $52.1 billion and 951,038 shares.
One of the smallest hedge funds
The two most similar investment funds to Horizon Advisory Services are Hoxton Planning & Management and Morris Financial Concepts, Inc. They manage $209 billion and $209 billion respectively.
Michael Congdon investment strategy
Horizon Advisory Services’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Miscellaneous — making up 10.9% of
the total portfolio value.
The fund focuses on investments in the United States as
59.0% 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
49% of the total holdings value.
On the other hand, small-cap stocks make up only 7.7% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
The complete list of Horizon Advisory Services trades based on 13F SEC filings
These positions were updated on August 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%
951,038
|
$52,118,923,000 | 24.95% |
| First Tr Exchange-traded Fd |
3.02%
1,262,792
|
$52,041,448,000 | 24.91% |
| Harbor ETF Trust |
1.86%
1,442,172
|
$22,508,267,000 | 10.77% |
| First Tr Dow Jones Select Mi |
0.05%
315,172
|
$18,891,553,000 | 9.04% |
| First Tr Exchange Trad Fd Vi |
4.08%
635,544
|
$18,055,796,000 | 8.64% |
| Ishares Tr |
3.56%
1,482,842
|
$34,552,131,000 | 16.54% |
| NBT Bancorp. Inc. |
No change
34,781
|
$1,342,547,000 | 0.64% |
| Apple Inc |
6.92%
2,086
|
$439,353,000 | 0.21% |
| Ralph Lauren Corp |
0.04%
2,273
|
$397,911,000 | 0.19% |
| First Tr Exch Trd Alphdx Fd |
3.22%
22,133
|
$390,421,000 | 0.19% |
| Amazon.com Inc. |
No change
2,000
|
$386,500,000 | 0.18% |
| Pulte Group Inc |
0.09%
3,392
|
$373,479,000 | 0.18% |
| Goldman Sachs Group, Inc. |
No change
800
|
$361,856,000 | 0.17% |
| Exxon Mobil Corp. |
No change
3,001
|
$345,475,000 | 0.17% |
| Lennar Corp. |
0.09%
2,284
|
$342,228,000 | 0.16% |
| D.R. Horton Inc. |
0.13%
2,379
|
$335,272,000 | 0.16% |
| Phillips 66 |
0.22%
2,312
|
$326,385,000 | 0.16% |
| Zions Bancorporation N.A |
0.08%
7,238
|
$313,912,000 | 0.15% |
| Valero Energy Corp. |
0.05%
1,999
|
$313,363,000 | 0.15% |
| Steel Dynamics Inc. |
0.17%
2,401
|
$310,930,000 | 0.15% |
| Marathon Pete Corp |
0.11%
1,754
|
$304,284,000 | 0.15% |
| Berkshire Hathaway Inc. |
No change
727
|
$295,744,000 | 0.14% |
| Fox Corporation |
No change
9,054
|
$289,909,000 | 0.14% |
| State Str Corp |
0.18%
3,864
|
$285,936,000 | 0.14% |
| Nucor Corp. |
0.52%
1,728
|
$273,162,000 | 0.13% |
| Bunge Global SA |
0.04%
2,513
|
$268,313,000 | 0.13% |
| Occidental Pete Corp |
0.31%
4,163
|
$262,394,000 | 0.13% |
| Devon Energy Corp. |
0.33%
5,395
|
$255,723,000 | 0.12% |
| Honeywell International Inc |
6.57%
1,184
|
$252,831,000 | 0.12% |
| VanEck ETF Trust |
2.36%
4,940
|
$246,947,000 | 0.12% |
| Coterra Energy Inc |
0.62%
9,181
|
$244,857,000 | 0.12% |
| Kenvue Inc |
0.61%
13,236
|
$240,630,000 | 0.12% |
| EQT Corp |
0.72%
6,288
|
$232,530,000 | 0.11% |
| Cf Inds Hldgs Inc |
0.98%
3,102
|
$229,920,000 | 0.11% |
| Johnson & Johnson |
No change
1,559
|
$227,863,000 | 0.11% |
| Albemarle Corp. |
Closed
1,726
|
$227,383,000 | |
| International Business Machs |
No change
1,284
|
$222,068,000 | 0.11% |
| Robert Half Inc |
3.54%
3,455
|
$221,051,000 | 0.11% |
| Mosaic Co New |
4.67%
7,550
|
$218,195,000 | 0.10% |
| APA Corporation |
9.75%
7,181
|
$211,409,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
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