Consolidated Capital Management 13F annual report

Consolidated Capital Management is an investment fund managing more than $208 billion ran by Scott Hemmann. There are currently 36 companies in Mr. Hemmann’s portfolio. The largest investments include Microsoft and Ishares Tr, together worth $35.6 billion.

Limited to 30 biggest holdings

$208 billion Assets Under Management (AUM)

As of 9th July 2024, Consolidated Capital Management’s top holding is 40,763 shares of Microsoft currently worth over $18.2 billion and making up 8.8% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Consolidated Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 282,919 shares of Ishares Tr worth $17.4 billion. The third-largest holding is Amazon.com worth $16.4 billion and the next is Vanguard Specialized Funds worth $15.8 billion, with 86,280 shares owned.

Currently, Consolidated Capital Management's portfolio is worth at least $208 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 Consolidated Capital Management

The Consolidated Capital Management office and employees reside in Burbank, California. According to the last 13-F report filed with the SEC, Scott Hemmann serves as the Chief Compliance Officer at Consolidated Capital Management.

Recent trades

In the most recent 13F filing, Consolidated Capital Management revealed that it had opened a new position in Invesco Exchange Traded Fd T and bought 4,734 shares worth $225 million.

The investment fund also strengthened its position in Ishares Tr by buying 236,862 additional shares. This makes their stake in Ishares Tr total 282,919 shares worth $17.4 billion.

On the other hand, there are companies that Consolidated Capital Management is getting rid of from its portfolio. Consolidated Capital Management closed its position in Unitedhealth Inc on 16th July 2024. It sold the previously owned 7,133 shares for $3.76 billion. Scott Hemmann also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $18.2 billion and 40,763 shares.

One of the smallest hedge funds

The two most similar investment funds to Consolidated Capital Management are Armor Investment Advisors and Epiq Capital. They manage $208 billion and $208 billion respectively.


Scott Hemmann investment strategy

Consolidated Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 30.4% of the total portfolio value. The fund focuses on investments in the United States as 61.1% 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 53% of the total holdings value. On the other hand, small-cap stocks make up only 5.6% of the portfolio. The average market cap of the portfolio companies is close to $365 billion.

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

These positions were updated on July 16th 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
5.03%
40,763
$18,219,201,000 8.77%
Ishares Tr
514.28%
282,919
$17,361,972,000 8.35%
Amazon.com Inc.
8.98%
84,716
$16,371,367,000 7.88%
Vanguard Specialized Funds
3.25%
86,280
$15,750,414,000 7.58%
Apple Inc
11.85%
59,226
$12,474,121,000 6.00%
Meta Platforms Inc
22.83%
24,627
$12,417,539,000 5.98%
NVIDIA Corp
935.79%
94,298
$11,649,581,000 5.61%
Alphabet Inc
15.71%
60,798
$11,074,400,000 5.33%
Visa Inc
0.68%
37,773
$9,914,250,000 4.77%
Broadcom Inc.
1.11%
5,792
$9,299,246,000 4.47%
Costco Whsl Corp New
12.25%
10,014
$8,511,457,000 4.10%
VanEck ETF Trust
15.33%
28,495
$7,428,737,000 3.57%
GE Aerospace
15.60%
38,592
$6,135,003,000 2.95%
Mcdonalds Corp
11.90%
21,655
$5,518,630,000 2.66%
Select Sector Spdr Tr
71.71%
55,247
$5,241,563,000 2.52%
Bank America Corp
6.49%
117,451
$4,671,046,000 2.25%
Procter And Gamble Co
49.18%
27,834
$4,590,384,000 2.21%
Toll Brothers Inc.
19.11%
39,231
$4,518,627,000 2.17%
Mondelez International Inc.
16.97%
64,116
$4,195,752,000 2.02%
Unitedhealth Group Inc
Closed
7,133
$3,755,311,000
Blackrock Inc.
3.64%
4,642
$3,654,740,000 1.76%
Caterpillar Inc.
35.51%
10,853
$3,615,290,000 1.74%
Fedex Corp
6.51%
11,328
$3,396,621,000 1.63%
Tesla Inc
Closed
12,251
$3,044,129,000
Disney Walt Co
7.25%
28,007
$2,780,829,000 1.34%
Kraft Heinz Co
13.03%
77,790
$2,506,386,000 1.21%
PayPal Holdings Inc
Closed
35,172
$2,159,913,000
Berkshire Hathaway Inc.
0.06%
5,223
$2,124,717,000 1.02%
SP Plus Corp
Closed
15,172
$777,565,000
Netflix Inc.
2.30%
1,114
$751,817,000 0.36%
Vanguard World Fd
22.44%
3,591
$729,081,000 0.35%
Spdr Dow Jones Indl Average
2.47%
1,619
$633,240,000 0.30%
Spdr Gold Tr
5.53%
2,215
$476,248,000 0.23%
Mastercard Incorporated
3.71%
986
$434,984,000 0.21%
Salesforce Inc
2.25%
1,303
$335,009,000 0.16%
Union Pac Corp
1.00%
1,408
$318,623,000 0.15%
Etf Managers Tr
Closed
93,294
$301,340,000
Vanguard World Fds
Closed
2,448
$288,190,000
Invesco Exchange Traded Fd T
Opened
4,734
$225,055,000 0.11%
Microstrategy Inc.
Opened
160
$220,397,000 0.11%
Boston Scientific Corp.
Opened
2,735
$210,623,000 0.10%
Sirius XM Holdings Inc
No change
20,000
$56,600,000 0.03%
No transactions found
Showing first 500 out of 42 holdings