Morgan Dempsey Capital Management 13F annual report
Morgan Dempsey Capital Management is an investment fund managing more than $300 billion ran by David Durham. There are currently 86 companies in Mr. Durham’s portfolio. The largest investments include Exxon Mobil and International Business Machs, together worth $23.1 billion.
$300 billion Assets Under Management (AUM)
As of 30th July 2024, Morgan Dempsey Capital Management’s top holding is 107,267 shares of Exxon Mobil currently worth over $12.3 billion and making up 4.1% of the portfolio value.
Relative to the number of outstanding shares of Exxon Mobil, Morgan Dempsey Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 62,033 shares of International Business Machs worth $10.7 billion.
The third-largest holding is Citigroup Inc worth $10.6 billion and the next is AT&T worth $9.83 billion, with 514,176 shares owned.
Currently, Morgan Dempsey Capital Management's portfolio is worth at least $300 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 Morgan Dempsey Capital Management
The Morgan Dempsey Capital Management office and employees reside in Menomonee Falls, Wisconsin. According to the last 13-F report filed with the SEC, David Durham serves as the Principal at Morgan Dempsey Capital Management.
Recent trades
In the most recent 13F filing, Morgan Dempsey Capital Management revealed that it had opened a new position in
Entergy and bought 42,084 shares worth $4.5 billion.
This means they effectively own approximately 0.1% of the company.
Entergy makes up
22.0%
of the fund's Utilities sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in WEC Inc by buying
54,373 additional shares.
This makes their stake in WEC Inc total 110,806 shares worth $8.69 billion.
WEC Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Morgan Dempsey Capital Management is getting rid of from its portfolio.
Morgan Dempsey Capital Management closed its position in Timberland on 6th August 2024.
It sold the previously owned 3,278 shares for $88.2 million.
David Durham also disclosed a decreased stake in Exxon Mobil by approximately 0.1%.
This leaves the value of the investment at $12.3 billion and 107,267 shares.
One of the smaller hedge funds
The two most similar investment funds to Morgan Dempsey Capital Management are Decheng Capital Management Iii (cayman) and Empire Management. They manage $300 billion and $300 billion respectively.
David Durham investment strategy
Morgan Dempsey Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Energy — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
59.3% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 4.7% of the portfolio.
The average market cap of the portfolio companies is close to $164 billion.
The complete list of Morgan Dempsey Capital Management trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Exxon Mobil Corp. |
2.68%
107,267
|
$12,348,582,000 | 4.12% |
| International Business Machs |
2.69%
62,033
|
$10,728,646,000 | 3.58% |
| Citigroup Inc |
2.65%
167,757
|
$10,645,881,000 | 3.55% |
| AT&T Inc. |
2.68%
514,176
|
$9,825,910,000 | 3.28% |
| Merck & Co Inc |
2.72%
79,367
|
$9,825,686,000 | 3.28% |
| Pembina Pipeline Corporation |
2.76%
260,286
|
$9,651,401,000 | 3.22% |
| Lockheed Martin Corp. |
1.27%
20,453
|
$9,553,472,000 | 3.19% |
| Phillips 66 |
19.73%
64,997
|
$9,175,657,000 | 3.06% |
| General Dynamics Corp. |
14.64%
31,454
|
$9,126,152,000 | 3.05% |
| Coca-Cola Co |
2.74%
143,154
|
$9,111,744,000 | 3.04% |
| The Southern Co. |
2.40%
117,363
|
$9,103,829,000 | 3.04% |
| Prudential Finl Inc |
2.62%
76,790
|
$8,998,978,000 | 3.00% |
| Spdr Series Trust - Spdr Bloomberg 1-3 Month T-bill Etf |
6.16%
96,654
|
$8,870,860,000 | 2.96% |
| Gilead Sciences, Inc. |
3.85%
129,045
|
$8,853,786,000 | 2.96% |
| Verizon Communications Inc |
2.56%
213,382
|
$8,799,859,000 | 2.94% |
| Chevron Corp. |
0.56%
56,095
|
$8,774,457,000 | 2.93% |
| WEC Energy Group Inc |
96.35%
110,806
|
$8,693,807,000 | 2.90% |
| Cisco Sys Inc |
3.00%
180,305
|
$8,566,272,000 | 2.86% |
| Lyondellbasell Industries N |
2.84%
88,881
|
$8,502,327,000 | 2.84% |
| Cummins Inc. |
0.89%
30,374
|
$8,411,350,000 | 2.81% |
| Medtronic Plc |
3.11%
106,297
|
$8,366,599,000 | 2.79% |
| Philip Morris International Inc |
1.79%
81,616
|
$8,270,102,000 | 2.76% |
| Crown Castle Inc |
10.83%
83,813
|
$8,188,495,000 | 2.73% |
| Pfizer Inc. |
2.16%
262,221
|
$7,336,947,000 | 2.45% |
| Duke Energy Corp. |
2.38%
72,413
|
$7,257,987,000 | 2.42% |
| Kraft Heinz Co |
5.94%
224,504
|
$7,233,529,000 | 2.41% |
| Enbridge Inc |
3.28%
196,597
|
$6,996,877,000 | 2.34% |
| General Mls Inc |
1.00%
110,418
|
$6,985,014,000 | 2.33% |
| Procter And Gamble Co |
32.50%
39,106
|
$6,449,331,000 | 2.15% |
| Johnson & Johnson |
7.58%
44,091
|
$6,444,321,000 | 2.15% |
| United Parcel Service, Inc. |
4.60%
46,818
|
$6,406,991,000 | 2.14% |
| Rio Tinto plc |
28.91%
76,206
|
$5,024,274,000 | 1.68% |
| Hasbro, Inc. |
36.57%
78,292
|
$4,580,107,000 | 1.53% |
| Mcdonalds Corp |
45.46%
17,707
|
$4,512,365,000 | 1.51% |
| Entergy Corp. |
Opened
42,084
|
$4,502,988,000 | 1.50% |
| Hershey Company |
Opened
19,325
|
$3,552,498,000 | 1.19% |
| Starbucks Corp. |
Opened
43,650
|
$3,398,155,000 | 1.13% |
| Ea Series Trust - Morgan Dempsey Large Cap Value Etf |
11.28%
70,616
|
$1,755,245,000 | 0.59% |
| VAALCO Energy, Inc. |
5.07%
79,559
|
$498,835,000 | 0.17% |
| UFP Technologies Inc. |
2.89%
1,459
|
$384,986,000 | 0.13% |
| Danaos Corporation |
12.09%
3,811
|
$351,984,000 | 0.12% |
| Ishares Trust - Ishares Russell 1000 Value Etf |
180.20%
1,925
|
$335,855,000 | 0.11% |
| Ishares Trust - Ishares Select Dividend Etf |
Opened
2,311
|
$279,585,000 | 0.09% |
| Perma-fix Environmental Svcs |
33.68%
25,645
|
$259,784,000 | 0.09% |
| Hawkins Inc |
5.08%
2,629
|
$239,239,000 | 0.08% |
| Nushares Etf Trust - Nuveen Esg Large-cap Value Etf |
18.27%
4,875
|
$183,983,000 | 0.06% |
| Kimball Electronics Inc |
6.69%
7,818
|
$171,840,000 | 0.06% |
| BK Technologies Corp |
0.52%
13,129
|
$168,051,000 | 0.06% |
| Select Sector Spdr Trust - The Consumer Staples Select Sector Spdr Fund |
6.72%
1,986
|
$152,088,000 | 0.05% |
| Sapiens Intl Corp N V |
9.50%
4,206
|
$142,710,000 | 0.05% |
| Crown Crafts, Inc. |
6.71%
26,137
|
$136,697,000 | 0.05% |
| MYR Group Inc |
6.78%
976
|
$132,453,000 | 0.04% |
| Monarch Casino & Resort, Inc. |
6.73%
1,936
|
$131,900,000 | 0.04% |
| Cohu, Inc. |
7.02%
3,690
|
$122,139,000 | 0.04% |
| Espey Mfg & Electrs Corp |
Opened
5,295
|
$112,519,000 | 0.04% |
| Electromed Inc. |
Opened
7,201
|
$108,231,000 | 0.04% |
| Seneca Foods Corp. |
2.38%
1,804
|
$103,550,000 | 0.03% |
| Kforce Inc. |
7.35%
1,431
|
$88,908,000 | 0.03% |
| W & T Offshore Inc |
83.29%
41,393
|
$88,581,000 | 0.03% |
| Timberland Bancorp, Inc. |
Closed
3,278
|
$88,244,000 | |
| Microsoft Corporation |
12.20%
180
|
$80,451,000 | 0.03% |
| Apple Inc |
No change
330
|
$69,505,000 | 0.02% |
| Caterpillar Inc. |
No change
200
|
$66,620,000 | 0.02% |
| Sturm, Ruger & Co., Inc. |
0.13%
1,578
|
$65,724,000 | 0.02% |
| Eagle Bancorp Mont Inc |
Closed
4,429
|
$56,868,000 | |
| Visa Inc |
8.57%
160
|
$41,995,000 | 0.01% |
| Intellicheck Inc |
Closed
11,433
|
$39,787,000 | |
| Bank America Corp |
No change
800
|
$31,816,000 | 0.01% |
| Eli Lilly & Co |
No change
23
|
$20,824,000 | 0.01% |
| Ishares Trust - Ishares 7-10 Year Treasury Bond Etf |
Opened
172
|
$16,110,000 | 0.01% |
| Monolithic Pwr Sys Inc |
No change
19
|
$15,612,000 | 0.01% |
| Tjx Cos Inc New |
No change
122
|
$13,432,000 | 0.00% |
| Honeywell International Inc |
No change
62
|
$13,239,000 | 0.00% |
| Accenture Plc Ireland |
Closed
38
|
$13,171,000 | |
| Unitedhealth Group Inc |
Closed
24
|
$11,873,000 | |
| Emerson Elec Co |
No change
105
|
$11,567,000 | 0.00% |
| TotalEnergies SE |
No change
169
|
$11,269,000 | 0.00% |
| Heico Corp. |
No change
47
|
$10,510,000 | 0.00% |
| Oracle Corp. |
No change
72
|
$10,166,000 | 0.00% |
| Mondelez International Inc. |
No change
154
|
$10,078,000 | 0.00% |
| Costco Whsl Corp New |
No change
11
|
$9,350,000 | 0.00% |
| Pepsico Inc |
No change
54
|
$8,906,000 | 0.00% |
| NICE Ltd |
Closed
33
|
$8,600,000 | |
| Target Corp |
No change
57
|
$8,438,000 | 0.00% |
| NextEra Energy Inc |
No change
116
|
$8,214,000 | 0.00% |
| Alps Etf Trust - Alerian Mlp Etf |
No change
147
|
$7,053,000 | 0.00% |
| Intercontinental Exchange In |
No change
50
|
$6,845,000 | 0.00% |
| Cigna Group (The) |
No change
20
|
$6,611,000 | 0.00% |
| Abbott Labs |
No change
61
|
$6,339,000 | 0.00% |
| Thermo Fisher Scientific Inc. |
No change
10
|
$5,530,000 | 0.00% |
| West Pharmaceutical Svsc Inc |
No change
14
|
$4,611,000 | 0.00% |
| Nike, Inc. |
Closed
48
|
$4,511,000 | |
| Net Lease Office Properties |
Opened
5
|
$123,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 93 holdings | |||
Hedge funds similar to Morgan Dempsey Capital Management
- Numerai Gp
- Multicoin Capital Management
- Graniteshares Advisors
- Siena Capital Partners Gp
- New Harbor
- Empire Management
- Decheng Capital Management Iii (cayman)
- Amj Wealth Management
- Atlantic Edge Private Wealth Management
- O'keefe Stevens Advisory
- Bank Pictet & Cie (asia) Ltd
- Mandatum Life Insurance Co Ltd
- Rocky Mountain Advisers
- Mount Lucas Management L.P.