Central Securities Corp 13F annual report
Central Securities Corp is an investment fund managing more than $1.01 trillion ran by Marlene Krumholz. There are currently 28 companies in Mrs. Krumholz’s portfolio. The largest investments include Analog Devices and Progressive, together worth $181 billion.
$1.01 trillion Assets Under Management (AUM)
As of 6th August 2024, Central Securities Corp’s top holding is 400,000 shares of Analog Devices currently worth over $91.3 billion and making up 9.0% of the portfolio value.
Relative to the number of outstanding shares of Analog Devices, Central Securities Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 430,000 shares of Progressive worth $89.3 billion, whose value grew 22.5% in the past six months.
The third-largest holding is Alphabet Inc worth $82 billion and the next is Motorola Solutions Inc worth $57.9 billion, with 150,000 shares owned.
Currently, Central Securities Corp's portfolio is worth at least $1.01 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 Central Securities Corp
The Central Securities Corp office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Marlene Krumholz serves as the Vice President & Secretary at Central Securities Corp.
Recent trades
In the most recent 13F filing, Central Securities Corp revealed that it had opened a new position in
Gallagher Arthur J & Co and bought 105,000 shares worth $27.2 billion.
The investment fund also strengthened its position in Rayonier by buying
150,000 additional shares.
This makes their stake in Rayonier total 1,150,000 shares worth $33.5 billion.
Rayonier dropped approximately 0.1% in the past year.
On the other hand, Marlene Krumholz disclosed a decreased stake in Progressive by approximately 0.1%.
This leaves the value of the investment at $89.3 billion and 430,000 shares.
One of the average hedge funds
The two most similar investment funds to Central Securities Corp are First Financial Bank - Trust Division and Lombard Odier Asset Management (europe) Ltd. They manage $1.01 trillion and $1.02 trillion respectively.
Marlene Krumholz investment strategy
Central Securities Corp’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 32.5% of
the total portfolio value.
The fund focuses on investments in the United States as
71.4% 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
68% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $247 billion.
The complete list of Central Securities Corp trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Analog Devices Inc. |
No change
400,000
|
$91,304,000,000 | 9.00% |
| Progressive Corp. |
1.15%
430,000
|
$89,315,300,000 | 8.80% |
| Alphabet Inc |
No change
450,000
|
$81,967,500,000 | 8.08% |
| Motorola Solutions Inc |
No change
150,000
|
$57,907,500,000 | 5.71% |
| Schwab Charles Corp |
No change
700,000
|
$51,583,000,000 | 5.08% |
| Meta Platforms Inc |
No change
100,000
|
$50,422,000,000 | 4.97% |
| American Express Co. |
No change
200,000
|
$46,310,000,000 | 4.56% |
| Amazon.com Inc. |
No change
225,000
|
$43,481,250,000 | 4.28% |
| Capital One Finl Corp |
No change
300,000
|
$41,535,000,000 | 4.09% |
| Hess Corporation |
11.29%
275,000
|
$40,568,000,000 | 4.00% |
| JPMorgan Chase & Co. |
No change
200,000
|
$40,452,000,000 | 3.99% |
| Microsoft Corporation |
No change
80,000
|
$35,756,000,000 | 3.52% |
| Rayonier Inc. |
15.00%
1,150,000
|
$33,453,500,000 | 3.30% |
| Roper Technologies Inc |
1.85%
55,000
|
$31,001,300,000 | 3.05% |
| Aon plc. |
33.33%
100,000
|
$29,358,000,000 | 2.89% |
| Coherent Corp |
No change
400,000
|
$28,984,000,000 | 2.86% |
| Keysight Technologies Inc |
No change
200,000
|
$27,350,000,000 | 2.69% |
| Gallagher Arthur J & Co |
Opened
105,000
|
$27,227,550,000 | 2.68% |
| Aercap Holdings Nv |
21.43%
275,000
|
$25,630,000,000 | 2.53% |
| Teledyne Technologies Inc |
25.43%
60,000
|
$23,278,800,000 | 2.29% |
| MercadoLibre Inc |
No change
13,000
|
$21,364,200,000 | 2.11% |
| Merck & Co Inc |
20.00%
160,000
|
$19,808,000,000 | 1.95% |
| Visa Inc |
15.38%
75,000
|
$19,685,250,000 | 1.94% |
| Medtronic Plc |
No change
185,000
|
$14,561,350,000 | 1.43% |
| Brady Corp. |
No change
200,000
|
$13,204,000,000 | 1.30% |
| Johnson & Johnson |
No change
90,000
|
$13,154,400,000 | 1.30% |
| Intel Corp. |
No change
400,000
|
$12,388,000,000 | 1.22% |
| Wolfspeed Inc |
No change
170,000
|
$3,869,200,000 | 0.38% |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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