Lee Co 13F annual report

Lee Co is an investment fund managing more than $597 billion ran by Patricia Stoll. There are currently 108 companies in Mrs. Stoll’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $385 billion.

Limited to 30 biggest holdings

$597 billion Assets Under Management (AUM)

As of 7th August 2024, Lee Co’s top holding is 2,411,523 shares of Ishares Tr currently worth over $297 billion and making up 49.8% of the portfolio value. In addition, the fund holds 1,520,541 shares of Schwab Strategic Tr worth $87.9 billion. The third-largest holding is Berkshire Hathaway worth $35.6 billion and the next is First Tr Exchange-traded Fd worth $22.9 billion, with 752,508 shares owned.

Currently, Lee Co's portfolio is worth at least $597 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 Lee Co

The Lee Co office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Patricia Stoll serves as the Chief Compliance Officer at Lee Co.

Recent trades

In the most recent 13F filing, Lee Co revealed that it had opened a new position in Deere & Co and bought 2,549 shares worth $953 million. This means they effectively own approximately 0.1% of the company. Deere & Co makes up 16.4% of the fund's Industrials sector allocation and has decreased its share price by 19.9% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 24,001 additional shares. This makes their stake in Ishares Tr total 2,411,523 shares worth $297 billion.

On the other hand, there are companies that Lee Co is getting rid of from its portfolio. Lee Co closed its position in Booz Allen Hamilton Hldg Cor on 14th August 2024. It sold the previously owned 9,294 shares for $1.38 billion. Patricia Stoll also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $35.6 billion and 87,419 shares.

One of the average hedge funds

The two most similar investment funds to Lee Co are Johnson Bixby & Associates and Gabelli & Co Investment Advisers, Inc. They manage $597 billion and $598 billion respectively.


Patricia Stoll investment strategy

Lee Co’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Finance — making up 7.5% of the total portfolio value. The fund focuses on investments in the United States as 56.5% 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 50% of the total holdings value. On the other hand, small-cap stocks make up only 3.7% of the portfolio. The average market cap of the portfolio companies is close to $213 billion.

The complete list of Lee Co trades based on 13F SEC filings

These positions were updated on August 14th 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
Ishares Tr
1.01%
2,411,523
$297,258,176,000 49.82%
Schwab Strategic Tr
0.22%
1,520,541
$87,905,204,000 14.73%
Berkshire Hathaway Inc.
1.45%
87,419
$35,562,072,000 5.96%
First Tr Exchange-traded Fd
0.05%
752,508
$22,921,402,000 3.84%
Select Sector Spdr Tr
3.36%
204,919
$18,678,391,000 3.13%
Spdr Gold Tr
3.38%
84,540
$18,176,946,000 3.05%
Apple Inc
3.15%
75,849
$15,975,231,000 2.68%
Microsoft Corporation
0.06%
16,069
$7,182,209,000 1.20%
Broadcom Inc
0.08%
2,381
$3,822,768,000 0.64%
Exxon Mobil Corp.
14.76%
24,123
$2,777,041,000 0.47%
Vanguard Index Fds
5.37%
18,499
$4,838,042,000 0.81%
Abbvie Inc
4.66%
12,245
$2,100,191,000 0.35%
Home Depot, Inc.
4.65%
6,049
$2,082,309,000 0.35%
NVIDIA Corp
1,039.00%
16,470
$2,034,741,000 0.34%
Watsco, Inc.
5.57%
4,371
$2,024,823,000 0.34%
JPMorgan Chase & Co.
26.60%
9,999
$2,022,399,000 0.34%
Coca-Cola Co
11.55%
26,693
$1,704,253,000 0.29%
Amazon.com Inc.
32.20%
8,806
$1,701,760,000 0.29%
Broadstone Net Lease, Inc.
38.31%
103,130
$1,658,469,000 0.28%
Canadian Nat Res Ltd
88.54%
46,315
$1,651,439,000 0.28%
Philip Morris International Inc
5.84%
15,313
$1,554,929,000 0.26%
Broadridge Finl Solutions In
4.61%
7,800
$1,537,479,000 0.26%
Eli Lilly & Co
9.11%
1,688
$1,528,283,000 0.26%
Paychex Inc.
1.93%
12,732
$1,509,507,000 0.25%
Enterprise Prods Partners L
1.22%
49,940
$1,447,262,000 0.24%
Texas Instrs Inc
4.76%
7,307
$1,421,432,000 0.24%
Unitedhealth Group Inc
11.05%
2,738
$1,394,355,000 0.23%
Booz Allen Hamilton Hldg Cor
Closed
9,294
$1,379,602,000
Merck & Co Inc
21.87%
11,054
$1,370,877,000 0.23%
Steris Plc
10.58%
6,071
$1,332,828,000 0.22%
Newmont Corp
No change
31,160
$1,304,670,000 0.22%
Blackrock Inc.
6.19%
1,653
$1,301,441,000 0.22%
Restaurant Brands International Inc
5.74%
18,221
$1,283,752,000 0.22%
Abbott Labs
25.21%
12,308
$1,278,925,000 0.21%
Viper Energy Inc
4.61%
34,054
$1,278,047,000 0.21%
Linde Plc.
11.87%
2,882
$1,264,652,000 0.21%
Costco Whsl Corp New
20.79%
1,467
$1,247,227,000 0.21%
Sysco Corp.
5.40%
17,003
$1,213,845,000 0.20%
S&P Global Inc
5.25%
2,688
$1,198,848,000 0.20%
Oneok Inc.
1.22%
13,950
$1,137,624,000 0.19%
Cisco Sys Inc
2.19%
23,935
$1,137,152,000 0.19%
Ferguson Plc New
5.92%
5,868
$1,137,015,000 0.19%
American Tower Corp.
6.00%
5,833
$1,135,194,000 0.19%
Compass Diversified
5.30%
51,157
$1,119,828,000 0.19%
AMGEN Inc.
5.28%
3,570
$1,115,447,000 0.19%
Service Corp Intl
8.51%
15,523
$1,104,152,000 0.19%
Enlink Midstream LLC
No change
78,010
$1,073,419,000 0.18%
Old Rep Intl Corp
5.76%
33,919
$1,048,098,000 0.18%
Morgan Stanley
34.76%
10,634
$1,033,519,000 0.17%
Alphabet Inc
30.01%
10,539
$1,926,051,000 0.32%
Canadian Natl Ry Co
5.86%
8,438
$996,781,000 0.17%
Enbridge Inc
0.42%
27,305
$971,786,000 0.16%
Mastercard Incorporated
13.15%
2,180
$961,730,000 0.16%
Oracle Corp.
No change
6,788
$958,467,000 0.16%
Deere & Co.
Opened
2,549
$952,734,000 0.16%
Walmart Inc
3.32%
13,181
$892,474,000 0.15%
Fidelity National Financial Inc
5.83%
17,945
$886,843,000 0.15%
Fastenal Co.
5.94%
13,946
$876,368,000 0.15%
Ishares Inc
0.64%
18,616
$1,120,018,000 0.19%
Visa Inc
6.79%
3,224
$846,204,000 0.14%
Dorchester Minerals LP
0.57%
24,605
$759,065,000 0.13%
Ally Finl Inc
Opened
18,931
$750,994,000 0.13%
Sun Cmntys Inc
No change
6,237
$750,561,000 0.13%
Essential Utils Inc
5.19%
19,976
$745,705,000 0.12%
Entergy Corp.
Opened
6,921
$740,547,000 0.12%
Meta Platforms Inc
0.83%
1,450
$731,120,000 0.12%
Energy Transfer L P
No change
40,185
$651,801,000 0.11%
Vail Resorts Inc.
Closed
2,691
$600,438,000
HF Sinclair Corporation
32.99%
11,253
$600,236,000 0.10%
Invesco Exchange Traded Fd T
6.22%
3,254
$534,568,000 0.09%
Elevance Health Inc
Closed
1,003
$520,096,000
Chevron Corp.
9.32%
3,236
$506,205,000 0.08%
Vici Pptys Inc
Closed
16,657
$497,175,000
VanEck ETF Trust
No change
10,500
$481,320,000 0.08%
Danaher Corp.
Opened
1,903
$475,485,000 0.08%
Johnson & Johnson
No change
3,142
$459,235,000 0.08%
Pepsico Inc
84.00%
2,760
$455,207,000 0.08%
Constellation Brands, Inc.
No change
1,606
$413,192,000 0.07%
J P Morgan Exchange Traded F
No change
8,169
$412,307,000 0.07%
Targa Res Corp
No change
3,106
$399,991,000 0.07%
Procter And Gamble Co
1.77%
2,226
$367,138,000 0.06%
Chipotle Mexican Grill
4,900.00%
5,750
$360,238,000 0.06%
Southwest Airls Co
10.98%
12,132
$349,180,000 0.06%
Williams Cos Inc
2.84%
7,741
$328,993,000 0.06%
Tjx Cos Inc New
Opened
2,896
$318,825,000 0.05%
Ford Mtr Co Del
No change
25,186
$315,833,000 0.05%
Intuit Inc
Opened
474
$311,518,000 0.05%
Moderna Inc
No change
2,601
$308,869,000 0.05%
MPLX LP
3.65%
7,070
$301,112,000 0.05%
Delta Air Lines, Inc.
Closed
6,076
$290,859,000
International Business Machs
1.31%
1,654
$286,060,000 0.05%
World Gold Tr
No change
6,188
$285,205,000 0.05%
Citigroup Inc
Closed
4,473
$282,873,000
Pioneer Nat Res Co
Closed
1,075
$282,278,000
CDW Corp
Closed
1,079
$275,987,000
T-Mobile US, Inc.
Closed
1,600
$261,152,000
HCA Healthcare Inc
No change
788
$253,301,000 0.04%
Ishares Tr
Closed
1,200
$252,360,000
Eaton Corp Plc
Opened
790
$247,706,000 0.04%
CrossFirst Bankshares, Inc.
No change
17,374
$243,584,000 0.04%
Disney Walt Co
Closed
1,969
$240,927,000
Accenture Plc Ireland
Opened
775
$235,143,000 0.04%
Roper Technologies Inc
Opened
406
$228,846,000 0.04%
Kinder Morgan Inc
No change
11,483
$228,168,000 0.04%
Applied Matls Inc
Opened
953
$224,899,000 0.04%
Vanguard Index Fds
Opened
916
$221,654,000 0.04%
Pfizer Inc.
Opened
7,776
$217,580,000 0.04%
Blackstone Inc
10.72%
1,749
$216,560,000 0.04%
Bank America Corp
Closed
5,685
$215,576,000
Spdr Ser Tr
35.43%
7,338
$416,916,000 0.07%
Hess Midstream LP
Opened
5,802
$211,425,000 0.04%
NextEra Energy Inc
Opened
2,984
$211,298,000 0.04%
Veritex Holdings Inc
48.00%
10,000
$210,900,000 0.04%
Mcdonalds Corp
0.24%
819
$208,812,000 0.03%
Sherwin-Williams Co.
Opened
695
$207,409,000 0.03%
Boeing Co.
2.07%
1,132
$206,036,000 0.03%
Zoetis Inc
Opened
1,176
$203,872,000 0.03%
Apartment Invt & Mgmt Co
No change
10,000
$82,900,000 0.01%
Taysha Gene Therapies, Inc.
No change
20,000
$44,800,000 0.01%
The Oncology Institute Inc
No change
27,980
$12,871,000 0.00%
No transactions found
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