Carlson Capital Management 13F annual report
Carlson Capital Management is an investment fund managing more than $2.12 trillion ran by Adam Hoffmann. There are currently 72 companies in Mr. Hoffmann’s portfolio. The largest investments include EA Series Trust and Etf Ser Solutions, together worth $1.14 trillion.
$2.12 trillion Assets Under Management (AUM)
As of 4th July 2024, Carlson Capital Management’s top holding is 31,982,180 shares of EA Series Trust currently worth over $862 billion and making up 40.6% of the portfolio value.
Relative to the number of outstanding shares of EA Series Trust, Carlson Capital Management owns more than 17.0% of the company.
In addition, the fund holds 5,384,241 shares of Etf Ser Solutions worth $276 billion.
The third-largest holding is Vanguard Scottsdale Fds worth $230 billion and the next is Vanguard Bd Index Fds worth $147 billion, with 1,913,588 shares owned.
Currently, Carlson Capital Management's portfolio is worth at least $2.12 trillion. 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 Carlson Capital Management
The Carlson Capital Management office and employees reside in Northfield, Minnesota. According to the last 13-F report filed with the SEC, Adam Hoffmann serves as the Chief Investment Officer at Carlson Capital Management.
Recent trades
In the most recent 13F filing, Carlson Capital Management revealed that it had opened a new position in
Solventum Corp and bought 15,818 shares worth $836 million.
The investment fund also strengthened its position in EA Series Trust by buying
579,579 additional shares.
This makes their stake in EA Series Trust total 31,982,180 shares worth $862 billion.
EA Series Trust soared 4.8% in the past year.
On the other hand, there are companies that Carlson Capital Management is getting rid of from its portfolio.
Carlson Capital Management closed its position in Advanced Micro Devices on 11th July 2024.
It sold the previously owned 1,950 shares for $352 million.
Adam Hoffmann also disclosed a decreased stake in Unitedhealth Inc by approximately 0.1%.
This leaves the value of the investment at $14.4 billion and 28,317 shares.
One of the largest hedge funds
The two most similar investment funds to Carlson Capital Management are Lake Street Advisors Group and Ifp Advisors, Inc. They manage $2.12 trillion and $2.12 trillion respectively.
Adam Hoffmann investment strategy
Carlson Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Miscellaneous — making up 40.6% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $320 billion.
The complete list of Carlson Capital Management trades based on 13F SEC filings
These positions were updated on July 11th 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 |
|---|---|---|---|
| EA Series Trust |
1.85%
31,982,180
|
$862,271,563,000 | 40.62% |
| Etf Ser Solutions |
0.46%
5,384,241
|
$276,369,236,000 | 13.02% |
| Vanguard Scottsdale Fds |
4.06%
3,048,254
|
$229,752,030,000 | 10.82% |
| Vanguard Bd Index Fds |
6.73%
1,913,588
|
$146,772,198,000 | 6.91% |
| Dimensional Etf Trust |
0.60%
6,388,247
|
$173,227,165,000 | 8.16% |
| Pacer Fds Tr |
1.54%
3,053,236
|
$132,206,482,000 | 6.23% |
| American Centy Etf Tr |
0.86%
1,497,583
|
$110,414,773,000 | 5.20% |
| Vanguard Index Fds |
8.31%
402,225
|
$68,002,878,000 | 3.20% |
| Vanguard Tax-managed Fds |
0.49%
370,834
|
$18,326,623,000 | 0.86% |
| Unitedhealth Group Inc |
2.45%
28,317
|
$14,420,853,000 | 0.68% |
| Accenture Plc Ireland |
0.01%
31,303
|
$9,497,643,000 | 0.45% |
| Microsoft Corporation |
0.02%
19,386
|
$8,664,452,000 | 0.41% |
| Apple Inc |
3.56%
37,452
|
$7,888,046,000 | 0.37% |
| 3M Co. |
1.56%
64,824
|
$6,624,359,000 | 0.31% |
| Ishares Tr |
1.75%
162,603
|
$9,229,551,000 | 0.43% |
| Sherwin-Williams Co. |
19.25%
11,995
|
$3,579,532,000 | 0.17% |
| Ishares Gold Tr |
No change
57,234
|
$2,514,290,000 | 0.12% |
| Tesla Inc |
1.87%
11,550
|
$2,285,514,000 | 0.11% |
| Eli Lilly & Co |
0.21%
2,391
|
$2,164,752,000 | 0.10% |
| Huntington Bancshares, Inc. |
No change
162,883
|
$2,146,798,000 | 0.10% |
| Graco Inc. |
No change
26,499
|
$2,100,866,000 | 0.10% |
| Vanguard Intl Equity Index F |
1.00%
45,677
|
$1,998,830,000 | 0.09% |
| Berkshire Hathaway Inc. |
0.02%
4,701
|
$1,912,367,000 | 0.09% |
| Amazon.com Inc. |
0.88%
9,278
|
$1,792,974,000 | 0.08% |
| Airbnb, Inc. |
0.26%
8,855
|
$1,342,684,000 | 0.06% |
| Vanguard Specialized Funds |
0.77%
6,788
|
$1,239,198,000 | 0.06% |
| Honeywell International Inc |
0.04%
5,365
|
$1,145,689,000 | 0.05% |
| Exxon Mobil Corp. |
6.30%
9,619
|
$1,107,364,000 | 0.05% |
| Broadcom Inc. |
0.15%
660
|
$1,059,767,000 | 0.05% |
| Alphabet Inc |
0.33%
10,065
|
$1,839,314,000 | 0.09% |
| Mckesson Corporation |
0.18%
1,633
|
$953,800,000 | 0.04% |
| Block H & R Inc |
No change
17,400
|
$943,602,000 | 0.04% |
| Target Corp |
0.55%
6,267
|
$927,730,000 | 0.04% |
| Fuller H B Co |
1.62%
11,743
|
$903,778,000 | 0.04% |
| Meta Platforms Inc |
0.29%
1,724
|
$869,375,000 | 0.04% |
| Solventum Corp |
Opened
15,818
|
$836,456,000 | 0.04% |
| Abbott Labs |
0.16%
7,623
|
$792,070,000 | 0.04% |
| NVIDIA Corp |
1,526.69%
5,791
|
$715,399,000 | 0.03% |
| Schwab Strategic Tr |
28.36%
28,730
|
$1,435,124,000 | 0.07% |
| Spdr S&p 500 Etf Tr |
0.54%
1,296
|
$705,390,000 | 0.03% |
| Wells Fargo Co New |
0.38%
11,396
|
$676,807,000 | 0.03% |
| Wisdomtree Tr |
10.73%
17,839
|
$1,200,443,000 | 0.06% |
| Costco Whsl Corp New |
0.13%
781
|
$663,428,000 | 0.03% |
| Danaher Corp. |
0.13%
2,373
|
$592,800,000 | 0.03% |
| Boston Scientific Corp. |
1.07%
7,396
|
$569,566,000 | 0.03% |
| Us Bancorp Del |
No change
13,684
|
$543,255,000 | 0.03% |
| C.H. Robinson Worldwide, Inc. |
No change
5,962
|
$525,371,000 | 0.02% |
| Pepsico Inc |
0.44%
3,185
|
$525,246,000 | 0.02% |
| Johnson & Johnson |
6.55%
3,529
|
$515,777,000 | 0.02% |
| Walmart Inc |
0.35%
7,365
|
$498,710,000 | 0.02% |
| Marriott Intl Inc New |
0.36%
1,966
|
$475,390,000 | 0.02% |
| Badger Meter Inc. |
No change
2,550
|
$475,193,000 | 0.02% |
| Spdr Ser Tr |
No change
4,871
|
$381,448,000 | 0.02% |
| Advanced Micro Devices Inc. |
Closed
1,950
|
$351,956,000 | |
| Union Pac Corp |
No change
1,483
|
$335,544,000 | 0.02% |
| Spdr Index Shs Fds |
1.66%
8,704
|
$276,253,000 | 0.01% |
| Fastenal Co. |
No change
4,246
|
$266,820,000 | 0.01% |
| Vanguard Index Fds |
Opened
513
|
$256,720,000 | 0.01% |
| Chevron Corp. |
Opened
1,619
|
$253,244,000 | 0.01% |
| Occidental Pete Corp |
0.33%
3,960
|
$249,573,000 | 0.01% |
| Super Micro Computer Inc |
40.00%
300
|
$245,805,000 | 0.01% |
| Vanguard Intl Equity Index F |
Closed
1,904
|
$222,518,000 | |
| Visa Inc |
2.90%
817
|
$214,484,000 | 0.01% |
| Schwab Strategic Tr |
Opened
2,118
|
$213,579,000 | 0.01% |
| Spdr Gold Tr |
No change
990
|
$212,860,000 | 0.01% |
| International Business Machs |
Closed
1,112
|
$212,298,000 | |
| JPMorgan Chase & Co. |
Opened
1,046
|
$211,494,000 | 0.01% |
| Dimensional Etf Trust |
Opened
6,267
|
$209,697,000 | 0.01% |
| Lockheed Martin Corp. |
No change
444
|
$207,314,000 | 0.01% |
| Progressive Corp. |
0.51%
992
|
$205,972,000 | 0.01% |
| Xcel Energy Inc. |
3.63%
3,826
|
$204,329,000 | 0.01% |
| Mcdonalds Corp |
Opened
786
|
$200,304,000 | 0.01% |
| Nomad Foods Ltd |
No change
10,000
|
$164,800,000 | 0.01% |
| Immunitybio Inc |
4.55%
18,610
|
$117,615,000 | 0.01% |
| KORU Medical Systems Inc |
Closed
15,000
|
$35,400,000 | |
| Amarin Corp Plc |
Opened
21,288
|
$14,646,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 76 holdings | |||
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