Ern is an investment fund managing more than $1.2 trillion ran by Mark Buchanan. There are currently 110 companies in Mr. Buchanan’s portfolio. The largest investments include Vanguard Admiral Fds Inc and Invesco Exch Traded Fd Tr Ii, together worth $149 billion.
As of 11th July 2024, Ern’s top holding is 230,042 shares of Vanguard Admiral Fds Inc currently worth over $76.7 billion and making up 6.4% of the portfolio value.
In addition, the fund holds 787,294 shares of Invesco Exch Traded Fd Tr Ii worth $72.3 billion.
The third-largest holding is Spdr Ser Tr worth $212 billion and the next is Spdr Index Shs Fds worth $72.8 billion, with 2,017,068 shares owned.
Currently, Ern's portfolio is worth at least $1.2 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.
The Ern office and employees reside in Middleton, Wisconsin. According to the last 13-F report filed with the SEC, Mark Buchanan serves as the CCO at Ern.
In the most recent 13F filing, Ern revealed that it had opened a new position in
Victory Portfolios II and bought 567,298 shares worth $28.3 billion.
This means they effectively own approximately 0.1% of the company.
The investment fund also strengthened its position in Vanguard Admiral Fds Inc by buying
120,814 additional shares.
This makes their stake in Vanguard Admiral Fds Inc total 230,042 shares worth $76.7 billion.
On the other hand, there are companies that Ern is getting rid of from its portfolio.
Ern closed its position in Flexshares Tr on 18th July 2024.
It sold the previously owned 10,052 shares for $549 million.
The two most similar investment funds to Ern are Atalan Capital Partners, L.P. and Dupont Capital Management Corp. They manage $1.21 trillion and $1.21 trillion respectively.
Ern’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 3.8% of
the total portfolio value.
The fund focuses on investments in the United States as
43.6% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 5.5% of the portfolio.
The average market cap of the portfolio companies is close to $246 billion.
These positions were updated on July 18th 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 |
|---|---|---|---|
| Vanguard Admiral Fds Inc |
110.61%
230,042
|
$76,707,484,000 | 6.37% |
| Invesco Exch Traded Fd Tr Ii |
106.51%
787,294
|
$72,285,934,000 | 6.00% |
| Spdr Ser Tr |
107.40%
3,695,846
|
$211,739,572,000 | 17.57% |
| Spdr Index Shs Fds |
114.74%
2,017,068
|
$72,779,468,000 | 6.04% |
| Vanguard Tax-managed Fds |
109.99%
840,790
|
$41,551,842,000 | 3.45% |
| Invesco Exch Trd Slf Idx Fd |
73.77%
768,790
|
$39,826,084,000 | 3.31% |
| Victory Portfolios II |
Opened
567,298
|
$28,251,440,000 | 2.34% |
| First Tr Exchange-traded Fd |
0.87%
585,326
|
$32,070,540,000 | 2.66% |
| John Hancock Exchange Traded |
106.32%
537,632
|
$30,398,160,000 | 2.52% |
| Ishares Tr |
108.16%
2,197,922
|
$130,014,952,000 | 10.79% |
| American Centy Etf Tr |
104.54%
598,502
|
$42,924,180,000 | 3.56% |
| Dimensional Etf Trust |
93.92%
1,576,724
|
$47,171,686,000 | 3.92% |
| Apple Inc |
99.39%
83,532
|
$17,593,424,000 | 1.46% |
| Vanguard Index Fds |
98.68%
171,462
|
$48,938,308,000 | 4.06% |
| Hartford Fds Exchange Traded |
108.60%
1,234,080
|
$31,769,322,000 | 2.64% |
| J P Morgan Exchange Traded F |
108.27%
508,588
|
$24,534,680,000 | 2.04% |
| First Tr Exchng Traded Fd Vi |
67.56%
573,852
|
$24,907,398,000 | 2.07% |
| Vanguard Scottsdale Fds |
118.25%
124,988
|
$11,725,124,000 | 0.97% |
| NVIDIA Corp |
1,934.32%
91,178
|
$11,264,196,000 | 0.93% |
| Microsoft Corporation |
103.05%
24,870
|
$11,116,042,000 | 0.92% |
| Putnam ETF Trust |
Opened
237,714
|
$8,629,018,000 | 0.72% |
| Amazon.com Inc. |
104.47%
37,776
|
$7,300,082,000 | 0.61% |
| Invesco Exchange Traded Fd T |
104.82%
163,918
|
$12,839,116,000 | 1.07% |
| Alphabet Inc |
105.14%
41,870
|
$7,636,396,000 | 0.63% |
| Pimco Etf Tr |
301.05%
294,538
|
$10,410,392,000 | 0.86% |
| First Tr Value Line Divid In |
97.23%
135,814
|
$5,534,442,000 | 0.46% |
| Tesla Inc |
102.76%
27,200
|
$5,382,376,000 | 0.45% |
| Ishares Inc |
106.00%
99,576
|
$6,732,540,000 | 0.56% |
| Pacer Fds Tr |
86.09%
108,246
|
$5,257,866,000 | 0.44% |
| Fair Isaac Corp. |
100.00%
2,732
|
$4,068,150,000 | 0.34% |
| Berkshire Hathaway Inc. |
102.79%
9,744
|
$3,963,452,000 | 0.33% |
| VanEck ETF Trust |
99.02%
14,166
|
$3,693,156,000 | 0.31% |
| Oracle Corp. |
101.25%
25,822
|
$3,645,972,000 | 0.30% |
| Costco Whsl Corp New |
105.11%
4,176
|
$3,549,606,000 | 0.29% |
| First Tr Exchange Traded Fd |
103.08%
36,926
|
$3,527,622,000 | 0.29% |
| Stryker Corp. |
91.31%
8,894
|
$3,025,952,000 | 0.25% |
| Exxon Mobil Corp. |
104.41%
24,486
|
$2,818,798,000 | 0.23% |
| Unitedhealth Group Inc |
98.42%
5,524
|
$2,813,110,000 | 0.23% |
| Deere & Co. |
98.77%
7,404
|
$2,766,052,000 | 0.23% |
| Eli Lilly & Co |
107.50%
2,934
|
$2,656,420,000 | 0.22% |
| Visa Inc |
97.06%
10,070
|
$2,642,990,000 | 0.22% |
| JPMorgan Chase & Co. |
118.87%
12,576
|
$2,543,654,000 | 0.21% |
| Union Pac Corp |
102.04%
10,306
|
$2,332,028,000 | 0.19% |
| Honeywell International Inc |
101.52%
10,840
|
$2,314,926,000 | 0.19% |
| Evolent Health Inc |
100.00%
119,148
|
$2,278,110,000 | 0.19% |
| Vanguard Specialized Funds |
99.39%
12,358
|
$2,255,952,000 | 0.19% |
| Global X Fds |
99.51%
74,542
|
$2,204,934,000 | 0.18% |
| Credit Accep Corp Mich |
100.00%
4,200
|
$2,161,656,000 | 0.18% |
| Johnson & Johnson |
105.76%
14,442
|
$2,110,866,000 | 0.18% |
| Chevron Corp. |
100.96%
13,374
|
$2,091,926,000 | 0.17% |
| Spdr S&p 500 Etf Tr |
81.69%
3,810
|
$2,073,636,000 | 0.17% |
| Home Depot, Inc. |
104.75%
5,950
|
$2,048,396,000 | 0.17% |
| Thermo Fisher Scientific Inc. |
103.52%
3,702
|
$2,047,216,000 | 0.17% |
| Pepsico Inc |
105.17%
12,154
|
$2,004,592,000 | 0.17% |
| Accenture Plc Ireland |
114.54%
6,550
|
$1,987,286,000 | 0.16% |
| Pinnacle West Cap Corp |
99.92%
25,622
|
$1,957,008,000 | 0.16% |
| Meta Platforms Inc |
122.64%
3,678
|
$1,854,490,000 | 0.15% |
| Fidelity Merrimack Str Tr |
153.33%
39,654
|
$1,781,668,000 | 0.15% |
| Adobe Inc |
95.47%
3,196
|
$1,775,036,000 | 0.15% |
| Select Sector Spdr Tr |
104.52%
48,896
|
$3,992,280,000 | 0.33% |
| Bank America Corp |
103.10%
44,036
|
$1,751,282,000 | 0.15% |
| Broadcom Inc. |
107.24%
1,088
|
$1,748,356,000 | 0.15% |
| First Tr Exch Traded Fd Iii |
116.76%
27,218
|
$1,731,862,000 | 0.14% |
| S&P Global Inc |
102.33%
3,480
|
$1,552,452,000 | 0.13% |
| KLA Corp. |
101.07%
1,874
|
$1,545,292,000 | 0.13% |
| Netflix Inc. |
101.41%
2,280
|
$1,538,830,000 | 0.13% |
| Disney Walt Co |
103.23%
15,368
|
$1,525,876,000 | 0.13% |
| Chipotle Mexican Grill |
8,908.33%
23,782
|
$1,489,942,000 | 0.12% |
| Ford Mtr Co Del |
104.58%
118,402
|
$1,484,762,000 | 0.12% |
| American Express Co. |
100.13%
6,074
|
$1,406,434,000 | 0.12% |
| Procter And Gamble Co |
107.67%
8,392
|
$1,383,908,000 | 0.11% |
| Camden Ppty Tr |
105.28%
12,596
|
$1,374,254,000 | 0.11% |
| Wisdomtree Tr |
Opened
30,118
|
$1,304,410,000 | 0.11% |
| Fiserv, Inc. |
100.19%
8,474
|
$1,262,964,000 | 0.10% |
| Trane Technologies plc |
63.41%
3,742
|
$1,230,856,000 | 0.10% |
| Gallagher Arthur J & Co |
82.77%
4,646
|
$1,204,884,000 | 0.10% |
| HCA Healthcare Inc |
76.34%
3,742
|
$1,202,410,000 | 0.10% |
| Blackrock Inc. |
101.96%
1,442
|
$1,135,032,000 | 0.09% |
| Texas Instrs Inc |
Opened
5,116
|
$995,390,000 | 0.08% |
| Zillow Group Inc |
100.00%
20,390
|
$945,892,000 | 0.08% |
| Northrop Grumman Corp. |
105.18%
2,140
|
$932,864,000 | 0.08% |
| Fidelity Natl Information Sv |
100.20%
12,308
|
$927,574,000 | 0.08% |
| T Rowe Price Etf Inc |
Opened
28,642
|
$899,646,000 | 0.07% |
| Walmart Inc |
101.77%
13,200
|
$893,786,000 | 0.07% |
| Philip Morris International Inc |
103.15%
8,768
|
$888,510,000 | 0.07% |
| Schwab Strategic Tr |
96.91%
13,644
|
$876,662,000 | 0.07% |
| Wells Fargo Co New |
118.13%
14,724
|
$874,502,000 | 0.07% |
| Ameriprise Finl Inc |
7.40%
1,902
|
$812,662,000 | 0.07% |
| Mcdonalds Corp |
96.85%
3,128
|
$797,284,000 | 0.07% |
| Vanguard Whitehall Fds |
Opened
6,488
|
$769,476,000 | 0.06% |
| General Dynamics Corp. |
99.85%
2,612
|
$758,104,000 | 0.06% |
| Starbucks Corp. |
114.27%
9,672
|
$752,970,000 | 0.06% |
| Altria Group Inc. |
77.44%
14,962
|
$681,500,000 | 0.06% |
| Merck & Co Inc |
107.17%
5,142
|
$636,634,000 | 0.05% |
| J P Morgan Exchange Traded F |
Opened
10,414
|
$577,978,000 | 0.05% |
| Exact Sciences Corp. |
97.48%
13,340
|
$563,616,000 | 0.05% |
| International Business Machs |
102.65%
3,210
|
$555,144,000 | 0.05% |
| Verizon Communications Inc |
71.90%
13,386
|
$552,008,000 | 0.05% |
| Flexshares Tr |
Closed
10,052
|
$548,714,000 | |
| First Tr Exchng Traded Fd Vi |
Opened
12,704
|
$515,492,000 | 0.04% |
| Crowdstrike Holdings Inc |
94.14%
1,260
|
$482,820,000 | 0.04% |
| Rockwell Automation Inc |
100.00%
1,738
|
$478,538,000 | 0.04% |
| AT&T Inc. |
2.08%
24,390
|
$466,108,000 | 0.04% |
| Mckesson Corporation |
100.00%
794
|
$463,728,000 | 0.04% |
| Gxo Logistics Incorporated |
100.18%
9,012
|
$455,106,000 | 0.04% |
| Boeing Co. |
81.59%
2,348
|
$427,360,000 | 0.04% |
| American Elec Pwr Co Inc |
102.41%
4,704
|
$412,762,000 | 0.03% |
| MGE Energy, Inc. |
69.32%
5,474
|
$409,000,000 | 0.03% |
| Micron Technology Inc. |
Opened
3,090
|
$406,428,000 | 0.03% |
| Fibrobiologics Inc |
Opened
63,638
|
$317,554,000 | 0.03% |
| Lowes Cos Inc |
Closed
883
|
$225,011,000 | |
| Pulte Group Inc |
Closed
1,783
|
$215,065,000 | |
| Clorox Co. |
Closed
1,372
|
$210,067,000 | |
| Mastercard Incorporated |
Closed
434
|
$209,171,000 | |
| Salesforce Inc |
Closed
670
|
$201,743,000 | |
| Algonquin Pwr Utils Corp |
100.00%
32,640
|
$191,270,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 116 holdings | |||