Grisanti Capital Management 13F annual report
Grisanti Capital Management is an investment fund managing more than $163 million ran by Michael Pietzak. There are currently 46 companies in Mr. Pietzak’s portfolio. The largest investments include Facebook and AbbVie, together worth $24.4 million.
$163 million Assets Under Management (AUM)
As of 7th October 2020, Grisanti Capital Management’s top holding is 76,525 shares of Facebook currently worth over $12.8 million and making up 7.8% of the portfolio value.
Relative to the number of outstanding shares of Facebook, Grisanti Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 153,099 shares of AbbVie worth $11.7 million, whose value grew 6.9% in the past six months.
The third-largest holding is Alphabet worth $11.3 million and the next is Amazon.com worth $10.1 million, with 5,166 shares owned.
Currently, Grisanti Capital Management's portfolio is worth at least $163 million. 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 Grisanti Capital Management
The Grisanti Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Pietzak serves as the chief operating officer at Grisanti Capital Management.
Recent trades
In the most recent 13F filing, Grisanti Capital Management revealed that it had opened a new position in
The Home Depot and bought 19,530 shares worth $3.65 million.
This means they effectively own approximately 0.1% of the company.
The Home Depot makes up
22.0%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 24.0% in the past year.
The investment fund also strengthened its position in Facebook by buying
12,470 additional shares.
This makes their stake in Facebook total 76,525 shares worth $12.8 million.
Facebook soared 50.7% in the past year.
On the other hand, there are companies that Grisanti Capital Management is getting rid of from its portfolio.
Grisanti Capital Management closed its position in Disney Walt Co on 6th May 2020.
It sold the previously owned 77,538 shares for $11.2 million.
Michael Pietzak also disclosed a decreased stake in Alphabet by approximately 0.1%.
This leaves the value of the investment at $11.3 million and 9,730 shares.
One of the smallest hedge funds
The two most similar investment funds to Grisanti Capital Management are Monument Capital Management and Packer & Co Ltd. They manage $163 million and $163 million respectively.
Michael Pietzak investment strategy
Grisanti Capital Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 21.1% of
the total portfolio value.
The fund focuses on investments in the United States as
60.9% 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
57% 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 $298 billion.
The complete list of Grisanti Capital Management trades based on 13F SEC filings
These positions were updated on May 6th 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 |
|---|---|---|---|
| Facebook, Inc. |
19.47%
76,525
|
$12,764,000 | 7.84% |
| AbbVie, Inc. |
20.26%
153,099
|
$11,665,000 | 7.17% |
| Alphabet, Inc. |
1.49%
9,730
|
$11,306,000 | 6.95% |
| Disney Walt Co |
Closed
77,538
|
$11,214,000 | |
| Amazon.com, Inc. |
27.21%
5,166
|
$10,072,000 | 6.19% |
| Lamar Advertising Co. |
Closed
99,388
|
$8,871,000 | |
| Berkshire Hathaway Inc. |
19.39%
43,853
|
$8,018,000 | 4.93% |
| Comcast Corp New |
152.43%
232,596
|
$7,997,000 | 4.91% |
| Visa, Inc. |
95.52%
49,452
|
$7,968,000 | 4.90% |
| Becton Dickinson Co |
8.68%
33,852
|
$7,778,000 | 4.78% |
| Lamb Weston Holdings, Inc. |
Closed
88,672
|
$7,628,000 | |
| Delta Air Lines, Inc. |
Closed
125,692
|
$7,350,000 | |
| Boston Scientific Corp. |
13.86%
224,746
|
$7,333,000 | 4.51% |
| CME Group, Inc. |
21.15%
42,138
|
$7,286,000 | 4.48% |
| Lockheed Martin Corp. |
66.72%
21,275
|
$7,211,000 | 4.43% |
| PayPal Holdings, Inc. |
24.48%
71,481
|
$6,844,000 | 4.21% |
| Roku, Inc. |
38.94%
71,753
|
$6,277,000 | 3.86% |
| The Boeing Co. |
Closed
19,051
|
$6,206,000 | |
| Apple, Inc. |
Closed
20,613
|
$6,053,000 | |
| The Sherwin-Williams Co. |
91.77%
13,169
|
$6,051,000 | 3.72% |
| Activision Blizzard, Inc. |
14.77%
96,707
|
$5,752,000 | 3.53% |
| Booking Holdings, Inc. |
Closed
2,649
|
$5,440,000 | |
| Adobe, Inc. |
16.87%
17,041
|
$5,423,000 | 3.33% |
| Autodesk, Inc. |
19.69%
29,976
|
$4,679,000 | 2.87% |
| The Home Depot, Inc. |
Opened
19,530
|
$3,646,000 | 2.24% |
| Thermo Fisher Scientific, Inc. |
Closed
10,597
|
$3,443,000 | |
| The Charles Schwab Corp. |
Closed
71,302
|
$3,391,000 | |
| Dominos Pizza Inc |
Opened
10,232
|
$3,316,000 | 2.04% |
| Enbridge, Inc. |
Closed
78,945
|
$3,140,000 | |
| Johnson Johnson |
18.68%
22,864
|
$2,998,000 | 1.84% |
| NIKE, Inc. |
Opened
34,056
|
$2,818,000 | 1.73% |
| Stryker Corp. |
Opened
16,035
|
$2,670,000 | 1.64% |
| Crown Castle Intl Corp New |
1.16%
17,402
|
$2,513,000 | 1.54% |
| New Residential Invt Corp |
Closed
137,587
|
$2,217,000 | |
| Jpmorgan Chase Co |
2,518.57%
22,415
|
$2,018,000 | 1.24% |
| Avalara, Inc. |
Closed
21,467
|
$1,572,000 | |
| Verizon Communications, Inc. |
181.93%
27,178
|
$1,460,000 | 0.90% |
| Wal-mart Stores Inc |
1.54%
11,366
|
$1,291,000 | 0.79% |
| PPL Corp. |
22.27%
44,138
|
$1,089,000 | 0.67% |
| Chevron Corp. |
Closed
8,154
|
$983,000 | |
| Merck Co Inc New |
1.85%
11,132
|
$856,000 | 0.53% |
| Atrion Corp. |
No change
1,080
|
$702,000 | 0.43% |
| The Coca-Cola Co. |
No change
13,142
|
$582,000 | 0.36% |
| Union Pac Corp |
11.66%
2,827
|
$399,000 | 0.25% |
| Philip Morris International, Inc. |
No change
4,575
|
$334,000 | 0.21% |
| Cigna Corp. |
23.58%
1,744
|
$309,000 | 0.19% |
| Pepsico Inc |
22.80%
1,544
|
$185,000 | 0.11% |
| Exxon Mobil Corp. |
11.14%
4,387
|
$167,000 | 0.10% |
| Emerson Elec Co |
No change
3,300
|
$157,000 | 0.10% |
| Agnc Invt Corp |
No change
14,590
|
$154,000 | 0.09% |
| Microsoft Corp. |
No change
953
|
$150,000 | 0.09% |
| Wells Fargo Co |
Opened
3,500
|
$100,000 | 0.06% |
| Abbott Labs |
No change
990
|
$78,000 | 0.05% |
| Automatic Data Processing In |
No change
545
|
$74,000 | 0.05% |
| International Business Machs |
No change
608
|
$67,000 | 0.04% |
| Brookfield Infrast Partners |
No change
1,475
|
$53,000 | 0.03% |
| Pfizer Inc. |
No change
1,528
|
$50,000 | 0.03% |
| PJT Partners, Inc. |
18.78%
1,129
|
$49,000 | 0.03% |
| Raytheon Co |
No change
355
|
$47,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 59 holdings | |||
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