Hoertkorn Richard Charles 13F annual report
Hoertkorn Richard Charles is an investment fund managing more than $230 billion ran by Richard Hoertkorn. There are currently 84 companies in Mr. Hoertkorn’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $47.2 billion.
$230 billion Assets Under Management (AUM)
As of 15th July 2024, Hoertkorn Richard Charles’s top holding is 126,432 shares of Apple Inc currently worth over $26.6 billion and making up 11.6% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Hoertkorn Richard Charles owns more than approximately 0.1% of the company.
In addition, the fund holds 46,124 shares of Microsoft worth $20.6 billion, whose value grew 10.2% in the past six months.
The third-largest holding is Marvell Technology Inc worth $19.8 billion and the next is Alphabet Inc worth $15.3 billion, with 83,749 shares owned.
Currently, Hoertkorn Richard Charles's portfolio is worth at least $230 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 Hoertkorn Richard Charles
The Hoertkorn Richard Charles office and employees reside in Kentfield, California. According to the last 13-F report filed with the SEC, Richard Hoertkorn serves as the SOLE PROPRIETOR at Hoertkorn Richard Charles.
Recent trades
In the most recent 13F filing, Hoertkorn Richard Charles revealed that it had opened a new position in
Ge Vernova Inc. and bought 18,143 shares worth $3.11 billion.
The investment fund also strengthened its position in Advanced Micro Device by buying
568 additional shares.
This makes their stake in Advanced Micro Device total 3,968 shares worth $644 million.
On the other hand, there are companies that Hoertkorn Richard Charles is getting rid of from its portfolio.
Hoertkorn Richard Charles closed its position in Honda Motor on 22nd July 2024.
It sold the previously owned 200 shares for $7.45 million.
Richard Hoertkorn also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $26.6 billion and 126,432 shares.
One of the smallest hedge funds
The two most similar investment funds to Hoertkorn Richard Charles are Palogic Value Management, L.P. and Savoir Faire Capital Management, L.P.. They manage $230 billion and $230 billion respectively.
Richard Hoertkorn investment strategy
Hoertkorn Richard Charles’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 26.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
45% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Hoertkorn Richard Charles trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Apple Inc |
6.06%
126,432
|
$26,629,108,000 | 11.60% |
| Microsoft Corporation |
4.21%
46,124
|
$20,615,122,000 | 8.98% |
| Marvell Technology Inc |
1.50%
283,304
|
$19,802,950,000 | 8.62% |
| Alphabet Inc |
6.01%
83,749
|
$15,261,441,000 | 6.65% |
| Procter Gamble Co |
1.26%
74,609
|
$12,304,516,000 | 5.36% |
| Bank of America Corporation |
4.84%
308,800
|
$12,280,976,000 | 5.35% |
| Jpmorgan Chase Co |
5.36%
57,164
|
$11,561,991,000 | 5.03% |
| General Electric Co |
2.21%
72,690
|
$11,555,529,000 | 5.03% |
| Kinder Morgan Inc |
3.20%
538,560
|
$10,701,187,000 | 4.66% |
| T-Mobile US Inc |
3.38%
46,021
|
$8,107,980,000 | 3.53% |
| Schwab Charles Corp New |
4.51%
103,424
|
$7,621,315,000 | 3.32% |
| Home Depot, Inc. |
3.10%
21,109
|
$7,266,562,000 | 3.16% |
| Devon Energy Corp. |
4.93%
134,194
|
$6,360,796,000 | 2.77% |
| Boeing Co. |
4.01%
34,147
|
$6,215,095,000 | 2.71% |
| APA Corporation |
2.90%
187,038
|
$5,506,399,000 | 2.40% |
| Ford Mtr Co Del |
2.36%
422,043
|
$5,292,419,000 | 2.30% |
| Intel Corp. |
5.63%
142,593
|
$4,416,105,000 | 1.92% |
| Exxon Mobil Corp. |
2.99%
30,253
|
$3,482,725,000 | 1.52% |
| Mcdonalds Corp |
8.79%
13,546
|
$3,452,063,000 | 1.50% |
| Cisco Sys Inc |
4.42%
66,274
|
$3,148,678,000 | 1.37% |
| Ge Vernova Inc. |
Opened
18,143
|
$3,111,620,000 | 1.35% |
| PayPal Holdings Inc |
4.66%
50,969
|
$2,957,731,000 | 1.29% |
| Chevron Corp. |
2.32%
14,747
|
$2,306,726,000 | 1.00% |
| Disney Walt Co |
1.59%
18,614
|
$1,848,184,000 | 0.80% |
| Amazon.com Inc. |
4.52%
9,506
|
$1,837,034,000 | 0.80% |
| Berkshire Hathaway Inc. |
No change
4,152
|
$1,689,034,000 | 0.74% |
| Paramount Global |
4.41%
160,505
|
$1,667,647,000 | 0.73% |
| Conocophillips |
4.87%
14,307
|
$1,636,435,000 | 0.71% |
| Carrier Global Corporation |
17.19%
14,293
|
$1,238,118,000 | 0.54% |
| Johnson Johnson |
No change
8,039
|
$1,174,980,000 | 0.51% |
| Constellation Brands, Inc. |
No change
4,000
|
$1,029,120,000 | 0.45% |
| Carlyle Group, Inc. |
No change
25,100
|
$1,007,765,000 | 0.44% |
| Coca-Cola Co |
No change
12,955
|
$824,586,000 | 0.36% |
| Alibaba Group Holding Ltd |
11.34%
8,998
|
$647,856,000 | 0.28% |
| Advanced Micro Device |
16.71%
3,968
|
$643,649,000 | 0.28% |
| Lilly Eli Co |
No change
700
|
$633,766,000 | 0.28% |
| Illinois Tool Wks Inc |
No change
2,000
|
$473,920,000 | 0.21% |
| NVIDIA Corp |
Opened
3,420
|
$422,507,000 | 0.18% |
| Starbucks Corp. |
13.19%
3,950
|
$307,508,000 | 0.13% |
| Hancock John Invs Tr |
1.16%
17,000
|
$226,100,000 | 0.10% |
| Pfizer Inc. |
3.25%
7,921
|
$221,630,000 | 0.10% |
| Dnp Select Income Fd |
No change
25,650
|
$210,843,000 | 0.09% |
| Vanguard Admiral Funds Inc |
No change
534
|
$178,062,000 | 0.08% |
| Pepsico Inc |
No change
930
|
$153,385,000 | 0.07% |
| Blackstone Inc |
No change
1,175
|
$145,465,000 | 0.06% |
| Rockwell Automation Inc |
No change
500
|
$137,640,000 | 0.06% |
| Raytheon Technologies Co |
No change
1,365
|
$137,032,000 | 0.06% |
| Invesco Ltd |
16.67%
8,333
|
$124,662,000 | 0.05% |
| Mfs Multimarket Income Tr |
No change
22,000
|
$102,960,000 | 0.04% |
| Public Storage |
No change
357
|
$102,691,000 | 0.04% |
| Kimberly-Clark Corp. |
No change
624
|
$86,237,000 | 0.04% |
| American Sts Wtr Co |
No change
1,175
|
$85,270,000 | 0.04% |
| Att Inc |
No change
4,153
|
$79,364,000 | 0.03% |
| Ge Healthcare Technologies |
36.59%
993
|
$77,374,000 | 0.03% |
| Wynn Resorts Ltd. |
79.68%
772
|
$69,094,000 | 0.03% |
| Northern Tr Corp |
No change
800
|
$67,184,000 | 0.03% |
| Otis Worldwide Corporation |
No change
682
|
$65,649,000 | 0.03% |
| Schwab Strategic Tr |
No change
900
|
$56,583,000 | 0.02% |
| Yum Brands Inc. |
No change
372
|
$49,275,000 | 0.02% |
| Vanguard Index Fds |
No change
145
|
$36,195,000 | 0.02% |
| Realty Income Corp. |
No change
666
|
$35,178,000 | 0.02% |
| Schlumberger Ltd. |
No change
650
|
$30,667,000 | 0.01% |
| Principal Finl Group Inc |
No change
272
|
$21,338,000 | 0.01% |
| Meta Platforms Inc |
No change
39
|
$19,665,000 | 0.01% |
| Uber, Technologies Inc. |
No change
200
|
$14,536,000 | 0.01% |
| Trico Bancshares Chico |
No change
355
|
$14,047,000 | 0.01% |
| Visa, Inc. Class A |
No change
46
|
$12,074,000 | 0.01% |
| Kimco Realty Corporation |
26.67%
550
|
$10,703,000 | 0.00% |
| Honda Motor |
Closed
200
|
$7,446,000 | |
| Block Inc |
No change
102
|
$6,578,000 | 0.00% |
| Citigroup Inc |
No change
100
|
$6,346,000 | 0.00% |
| Esperion Therapeutic |
Opened
2,000
|
$4,440,000 | 0.00% |
| Verizon Communications |
No change
98
|
$4,042,000 | 0.00% |
| Trisalus Life Sciences |
No change
668
|
$3,687,000 | 0.00% |
| BP plc |
No change
100
|
$3,610,000 | 0.00% |
| Netflix Inc. |
No change
2
|
$1,350,000 | 0.00% |
| Comcast Corp New Class A |
No change
33
|
$1,292,000 | 0.00% |
| Spotify Technology |
No change
2
|
$628,000 | 0.00% |
| Mattel, Inc. |
No change
38
|
$618,000 | 0.00% |
| Warner Bros. Discovery |
No change
37
|
$275,000 | 0.00% |
| Churchill Downs, Inc. |
Opened
1
|
$140,000 | 0.00% |
| Electronic Arts, Inc. |
No change
1
|
$139,000 | 0.00% |
| Haliburton Co. Hldg. Co. |
No change
4
|
$135,000 | 0.00% |
| Hasbro, Inc. |
No change
1
|
$59,000 | 0.00% |
| Nokia Corp. Spon Adr |
No change
3
|
$11,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 85 holdings | |||
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