Professional Advisory Services Inc 13F annual report
Professional Advisory Services Inc is an investment fund managing more than $732 million ran by Carol Bieber. There are currently 78 companies in Mrs. Bieber’s portfolio. The largest investments include Microsoft and Alphabet, Inc. Class C, together worth $72.6 million.
$732 million Assets Under Management (AUM)
As of 3rd July 2024, Professional Advisory Services Inc’s top holding is 81,904 shares of Microsoft currently worth over $36.6 million and making up 5.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Professional Advisory Services Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 196,183 shares of Alphabet, Inc. Class C worth $36 million.
The third-largest holding is Booking Inc worth $32.3 million and the next is Fiserv worth $31 million, with 207,772 shares owned.
Currently, Professional Advisory Services Inc's portfolio is worth at least $732 million. 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 Professional Advisory Services Inc
The Professional Advisory Services Inc office and employees reside in Vero Beach, Florida. According to the last 13-F report filed with the SEC, Carol Bieber serves as the Compliance Officer at Professional Advisory Services Inc.
Recent trades
In the most recent 13F filing, Professional Advisory Services Inc revealed that it had opened a new position in
Starbucks and bought 239,909 shares worth $18.7 million.
This means they effectively own approximately 0.1% of the company.
Starbucks makes up
20.7%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 26.6% in the past year.
The investment fund also strengthened its position in Elevance Health Inc by buying
849 additional shares.
This makes their stake in Elevance Health Inc total 56,204 shares worth $30.5 million.
On the other hand, there are companies that Professional Advisory Services Inc is getting rid of from its portfolio.
Professional Advisory Services Inc closed its position in MSC Industrial Direct Co on 10th July 2024.
It sold the previously owned 211,531 shares for $20.5 million.
Carol Bieber also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $36.6 million and 81,904 shares.
One of the smallest hedge funds
The two most similar investment funds to Professional Advisory Services Inc are Marxe Austin W & Greenhouse David M and Endurance Wealth Management. They manage $733 million and $731 million respectively.
Carol Bieber investment strategy
Professional Advisory Services Inc’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 13.6% of
the total portfolio value.
The fund focuses on investments in the United States as
42.3% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $230 billion.
The complete list of Professional Advisory Services Inc trades based on 13F SEC filings
These positions were updated on July 10th 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 |
0.36%
81,904
|
$36,607,000 | 5.00% |
| Alphabet, Inc. Class C |
11.96%
196,183
|
$35,984,000 | 4.91% |
| Booking Holdings Inc |
8.59%
8,148
|
$32,278,000 | 4.41% |
| Fiserv, Inc. |
0.43%
207,772
|
$30,966,000 | 4.23% |
| Elevance Health Inc |
1.53%
56,204
|
$30,455,000 | 4.16% |
| Berkshire Hathaway Inc-b |
0.10%
68,116
|
$27,710,000 | 3.78% |
| United Parcel Service, Inc. |
1.90%
188,284
|
$25,767,000 | 3.52% |
| Pepsico |
0.82%
149,455
|
$24,650,000 | 3.37% |
| CDW Corp |
8.32%
108,249
|
$24,230,000 | 3.31% |
| Carrier Global Corporation |
2.52%
357,300
|
$22,538,000 | 3.08% |
| General Dynamics Copr |
3.40%
75,901
|
$22,022,000 | 3.01% |
| Astrazeneca plc |
5.89%
280,227
|
$21,855,000 | 2.98% |
| Att |
0.59%
1,131,959
|
$21,632,000 | 2.95% |
| Ishares Msci Em Ex China |
1.64%
364,101
|
$21,555,000 | 2.94% |
| TJX Companies, Inc. |
7.83%
195,381
|
$21,511,000 | 2.94% |
| Arthur J. Gallagher |
3.82%
82,949
|
$21,510,000 | 2.94% |
| Stryker Corp. |
0.49%
61,966
|
$21,084,000 | 2.88% |
| Accenture plc |
21.85%
68,736
|
$20,855,000 | 2.85% |
| Us Bancorp |
8.60%
525,038
|
$20,844,000 | 2.85% |
| Truist Financial Corporation |
6.61%
535,031
|
$20,786,000 | 2.84% |
| MSC Industrial Direct Co., Inc. |
Closed
211,531
|
$20,527,000 | |
| Ishares Msci Eafe Etf |
1.17%
278,770
|
$20,250,000 | 2.77% |
| Thermo Fisher Scientific Inc. |
0.42%
36,590
|
$20,234,000 | 2.76% |
| Sysco Corp. |
1.03%
281,595
|
$20,103,000 | 2.75% |
| Fortune Brands Innovation |
15.97%
303,622
|
$19,717,000 | 2.69% |
| Dollar General Corp. |
7.63%
142,273
|
$18,813,000 | 2.57% |
| Starbucks Corp. |
Opened
239,909
|
$18,677,000 | 2.55% |
| Amazon |
4.21%
94,376
|
$18,238,000 | 2.49% |
| Apple Inc |
3.55%
77,851
|
$16,397,000 | 2.24% |
| Analog Devices Inc. |
13.92%
67,708
|
$15,455,000 | 2.11% |
| Sp Global, Inc. |
0.25%
31,619
|
$14,102,000 | 1.93% |
| Charles River Labs |
16.35%
64,104
|
$13,243,000 | 1.81% |
| Vanguard Total Stk Mkt |
No change
11,260
|
$3,012,000 | 0.41% |
| Johnson Johnson |
0.87%
19,491
|
$2,849,000 | 0.39% |
| Alphabet, Inc. Class A |
8.54%
11,799
|
$2,149,000 | 0.29% |
| Vanguard 500 Ind Admiral |
Opened
4,149
|
$2,090,000 | 0.29% |
| Procter Gamble |
0.67%
11,493
|
$1,895,000 | 0.26% |
| Vanguard Sp 500 Etf |
1.74%
3,336
|
$1,668,000 | 0.23% |
| Spdr Sp500 Etf Trust |
1.37%
2,742
|
$1,492,000 | 0.20% |
| NVIDIA Corp |
900.00%
9,000
|
$1,112,000 | 0.15% |
| Merck Co. |
1.51%
8,472
|
$1,049,000 | 0.14% |
| Vanguard Tot Stk Mkt Idx |
No change
6,827
|
$889,000 | 0.12% |
| Exxon Mobil Corp. |
0.39%
7,693
|
$886,000 | 0.12% |
| Oracle Corp. |
No change
5,830
|
$823,000 | 0.11% |
| Pfizer Inc. |
No change
25,366
|
$710,000 | 0.10% |
| Boeing Co. |
No change
3,697
|
$673,000 | 0.09% |
| Chevron-texaco Corp |
1.73%
4,100
|
$641,000 | 0.09% |
| Home Depot, Inc. |
1.48%
1,800
|
$620,000 | 0.08% |
| Berkshire A (1sh /100) |
No change
100
|
$612,000 | 0.08% |
| Ishares Tr Rus 1000 Grw |
No change
1,508
|
$550,000 | 0.08% |
| Lowe's Companies, Inc. |
No change
2,350
|
$518,000 | 0.07% |
| Abbvie Inc |
3.97%
3,000
|
$515,000 | 0.07% |
| Int'l Business Machines |
No change
2,933
|
$507,000 | 0.07% |
| Cigna Corp |
No change
1,525
|
$504,000 | 0.07% |
| NextEra Energy Inc |
1.87%
6,624
|
$469,000 | 0.06% |
| Paychex Inc. |
1.19%
3,400
|
$403,000 | 0.06% |
| Disney (the Walt) Co. |
No change
4,000
|
$397,000 | 0.05% |
| Nike, Inc. |
No change
4,890
|
$369,000 | 0.05% |
| Vanguard Reit |
No change
4,336
|
$363,000 | 0.05% |
| Cisco Systems, Inc. |
1.54%
7,528
|
$358,000 | 0.05% |
| Ishares Russell 2000 |
No change
1,735
|
$352,000 | 0.05% |
| American Express Co. |
No change
1,500
|
$347,000 | 0.05% |
| Vanguard Extended Mk |
Opened
2,543
|
$326,000 | 0.04% |
| Vanguard Rus2k Growth |
No change
1,675
|
$320,000 | 0.04% |
| Abbott Labs |
1.41%
3,000
|
$312,000 | 0.04% |
| Autozone Inc. |
No change
100
|
$296,000 | 0.04% |
| Marathon Petroleum Corp |
No change
1,584
|
$275,000 | 0.04% |
| Community Trust Bancorp, Inc. |
No change
6,232
|
$272,000 | 0.04% |
| Veeva Sys Inc |
No change
1,400
|
$256,000 | 0.03% |
| Bank Of America Corp. |
No change
6,242
|
$248,000 | 0.03% |
| Rockwell Automation Inc |
No change
850
|
$234,000 | 0.03% |
| Ametek Inc |
No change
1,350
|
$225,000 | 0.03% |
| CSW Industrials Inc |
Opened
800
|
$212,000 | 0.03% |
| Fidelity Divr Intl Fd#325 |
No change
4,700
|
$209,000 | 0.03% |
| T Rowe Pr Intl Discvry Fd |
No change
3,108
|
$203,000 | 0.03% |
| Nikola Corporation |
Closed
20,000
|
$21,000 | |
| Sightlogix |
No change
80,000
|
$16,000 | 0.00% |
| Opko Health Inc |
Closed
10,000
|
$12,000 | |
| Oncolytics Biotech, Inc. |
No change
10,000
|
$10,000 | 0.00% |
| Izotropic Corp |
No change
20,000
|
$1,000 | 0.00% |
| Ness Energy International |
No change
20,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 81 holdings | |||
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