Mcrae Capital Management Inc 13F annual report

Mcrae Capital Management Inc is an investment fund managing more than $439 billion ran by Roderick Iii. There are currently 87 companies in Mr. Iii’s portfolio. The largest investments include Microsoft and Williams-Sonoma, together worth $53.9 billion.

Limited to 30 biggest holdings

$439 billion Assets Under Management (AUM)

As of 17th July 2024, Mcrae Capital Management Inc’s top holding is 67,743 shares of Microsoft currently worth over $30.3 billion and making up 6.9% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Mcrae Capital Management Inc owns more than approximately 0.1% of the company. In addition, the fund holds 83,515 shares of Williams-Sonoma worth $23.6 billion, whose value fell 29.3% in the past six months. The third-largest holding is Quanta Svcs Inc worth $22.9 billion and the next is United Rentals worth $20.5 billion, with 31,768 shares owned.

Currently, Mcrae Capital Management Inc's portfolio is worth at least $439 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 Mcrae Capital Management Inc

The Mcrae Capital Management Inc office and employees reside in Morristown, New Jersey. According to the last 13-F report filed with the SEC, Roderick Iii serves as the Managing Partner & Chief Compliance Officer at Mcrae Capital Management Inc.

Recent trades

In the most recent 13F filing, Mcrae Capital Management Inc revealed that it had opened a new position in Labcorp and bought 82,387 shares worth $16.8 billion. This means they effectively own approximately 0.1% of the company. Labcorp makes up 20.9% of the fund's Health Care sector allocation and has decreased its share price by 2.0% in the past year.

The investment fund also strengthened its position in Lowes Cos Inc by buying 2,767 additional shares. This makes their stake in Lowes Cos Inc total 92,598 shares worth $20.4 billion.

On the other hand, there are companies that Mcrae Capital Management Inc is getting rid of from its portfolio. Mcrae Capital Management Inc closed its position in Laboratory Corp Amer Hldgs on 24th July 2024. It sold the previously owned 79,748 shares for $17.4 billion. Roderick Iii also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $30.3 billion and 67,743 shares.

One of the average hedge funds

The two most similar investment funds to Mcrae Capital Management Inc are Algebris (uk) Ltd and Community Services. They manage $439 billion and $439 billion respectively.


Roderick Iii investment strategy

Mcrae Capital Management Inc’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Health Care — making up 18.3% of the total portfolio value. The fund focuses on investments in the United States as 56.3% 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 $222 billion.

The complete list of Mcrae Capital Management Inc trades based on 13F SEC filings

These positions were updated on July 24th 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
Microsoft Corporation
1.55%
67,743
$30,277,848,000 6.90%
Williams-Sonoma, Inc.
6.03%
83,515
$23,582,362,000 5.38%
Quanta Svcs Inc
4.39%
90,166
$22,910,406,000 5.22%
United Rentals, Inc.
1.20%
31,768
$20,545,952,000 4.68%
Lowes Cos Inc
3.08%
92,598
$20,414,375,000 4.65%
Check Point Software Tech Lt
4.92%
122,945
$20,286,008,000 4.62%
Fiserv, Inc.
1.52%
130,579
$19,461,494,000 4.44%
Nasdaq Inc
1.37%
302,036
$18,200,720,000 4.15%
Omnicom Group, Inc.
0.61%
202,359
$18,151,662,000 4.14%
Laboratory Corp Amer Hldgs
Closed
79,748
$17,421,782,000
Labcorp Holdings Inc.
Opened
82,387
$16,766,610,000 3.82%
Vertex Pharmaceuticals, Inc.
1.24%
33,520
$15,711,494,000 3.58%
Keysight Technologies Inc
5.27%
111,926
$15,305,937,000 3.49%
Unitedhealth Group Inc
5.91%
28,127
$14,323,956,000 3.27%
Thermo Fisher Scientific Inc.
0.48%
25,819
$14,278,288,000 3.26%
Snap-on, Inc.
0.83%
50,518
$13,204,999,000 3.01%
Workday Inc
99.22%
57,966
$12,958,879,000 2.95%
Broadridge Finl Solutions In
0.16%
62,574
$12,327,145,000 2.81%
Truist Finl Corp
1.56%
281,029
$10,917,978,000 2.49%
Becton Dickinson & Co.
2.87%
46,262
$10,812,038,000 2.47%
Salesforce Inc
42.91%
39,652
$10,194,632,000 2.32%
PayPal Holdings Inc
5.06%
172,316
$9,999,540,000 2.28%
JPMorgan Chase & Co.
0.45%
44,566
$9,014,092,000 2.06%
Chubb Limited
163.79%
35,134
$8,962,159,000 2.04%
Accenture Plc Ireland
0.09%
26,653
$8,086,894,000 1.84%
Hershey Company
154.53%
36,052
$6,627,612,000 1.51%
Apple Inc
6.43%
26,203
$5,519,017,000 1.26%
The Southern Co.
5.59%
35,054
$2,719,139,000 0.62%
Ishares Tr
0.15%
87,051
$5,066,208,000 1.16%
Johnson & Johnson
4.08%
14,113
$2,062,851,000 0.47%
Trane Technologies plc
0.15%
5,841
$1,921,542,000 0.44%
Spdr Gold Tr
No change
8,430
$1,812,534,000 0.41%
Intuitive Surgical Inc
No change
3,965
$1,763,830,000 0.40%
Pepsico Inc
No change
9,937
$1,638,909,000 0.37%
Waste Mgmt Inc Del
7.38%
7,535
$1,607,595,000 0.37%
Intuit Inc
No change
2,166
$1,423,867,000 0.32%
Danaher Corp.
7.29%
5,089
$1,271,487,000 0.29%
Zebra Technologies Corporati
10.06%
3,980
$1,229,541,000 0.28%
Perficient Inc.
94.22%
15,190
$1,136,060,000 0.26%
Merck & Co Inc
1.37%
9,069
$1,122,775,000 0.26%
Pfizer Inc.
6.43%
39,280
$1,099,061,000 0.25%
Eli Lilly & Co
No change
1,121
$1,014,931,000 0.23%
Exxon Mobil Corp.
0.88%
8,513
$980,123,000 0.22%
Meta Platforms Inc
No change
1,892
$954,201,000 0.22%
Bank New York Mellon Corp
No change
15,628
$935,961,000 0.21%
Home Depot, Inc.
No change
2,513
$865,075,000 0.20%
Vanguard Index Fds
0.03%
3,383
$1,126,046,000 0.26%
Costco Whsl Corp New
No change
978
$831,290,000 0.19%
Honeywell International Inc
No change
3,842
$820,460,000 0.19%
Weyerhaeuser Co Mtn Be
Closed
22,678
$814,359,000
Fedex Corp
27.35%
2,654
$795,780,000 0.18%
AMGEN Inc.
No change
2,386
$745,506,000 0.17%
Alphabet Inc
No change
6,880
$1,256,814,000 0.29%
Union Pac Corp
20.92%
3,025
$684,437,000 0.16%
Chevron Corp.
No change
4,271
$668,107,000 0.15%
Abbott Labs
No change
6,212
$645,489,000 0.15%
Marsh & McLennan Cos., Inc.
7.25%
2,899
$611,066,000 0.14%
Agnico Eagle Mines Ltd
No change
8,000
$523,200,000 0.12%
Automatic Data Processing In
0.14%
2,171
$518,254,000 0.12%
Intel Corp.
1.79%
16,493
$510,788,000 0.12%
Procter And Gamble Co
No change
3,047
$502,511,000 0.11%
nVent Electric plc
0.02%
6,551
$501,918,000 0.11%
Xylem Inc
0.03%
3,475
$471,434,000 0.11%
Conocophillips
9.47%
4,118
$471,017,000 0.11%
Amazon.com Inc.
21.14%
2,435
$470,564,000 0.11%
Skyworks Solutions, Inc.
No change
4,240
$451,930,000 0.10%
Newmont Corp
67.80%
9,900
$414,513,000 0.09%
Eaton Corp Plc
No change
1,300
$407,615,000 0.09%
Walmart Inc
38.22%
5,820
$394,072,000 0.09%
Metlife Inc
No change
5,367
$376,710,000 0.09%
Public Svc Enterprise Grp In
87.22%
5,081
$374,470,000 0.09%
Goldman Sachs Group, Inc.
20.04%
798
$360,951,000 0.08%
Alamos Gold Inc.
77.52%
22,900
$359,072,000 0.08%
Abbvie Inc
29.20%
1,940
$332,749,000 0.08%
Texas Instrs Inc
Closed
1,900
$330,999,000
Fortive Corp
2.37%
4,125
$305,663,000 0.07%
Coca-Cola Co
Closed
4,861
$297,396,000
Cisco Sys Inc
No change
6,250
$296,938,000 0.07%
Disney Walt Co
No change
2,985
$296,381,000 0.07%
Barings Global Short Duratio
1.09%
20,483
$295,984,000 0.07%
Ameriprise Finl Inc
No change
635
$271,266,000 0.06%
Spdr S&p 500 Etf Tr
No change
489
$266,124,000 0.06%
Archer Daniels Midland Co.
Closed
3,992
$250,738,000
RTX Corp
7.46%
2,450
$245,956,000 0.06%
Invesco Exchange Traded Fd T
0.01%
16,203
$238,679,000 0.05%
Broadcom Inc
Opened
145
$232,802,000 0.05%
United Parcel Service, Inc.
32.19%
1,687
$230,935,000 0.05%
Northern Lights Fund Trust
Closed
2,366
$228,816,000
Us Bancorp Del
No change
5,450
$216,365,000 0.05%
Lululemon Athletica inc.
Closed
530
$207,045,000
Netflix Inc.
Opened
300
$202,464,000 0.05%
Pnc Finl Svcs Group Inc
No change
1,300
$202,188,000 0.05%
Hecla Mng Co
No change
40,000
$194,000,000 0.04%
Barrick Gold Corp.
Closed
10,000
$166,400,000
Vuzix Corporation
Opened
23,000
$31,050,000 0.01%
No transactions found
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