Northeast Investment Management 13F annual report
Northeast Investment Management is an investment fund managing more than $2.12 trillion ran by Richard Manoogian. There are currently 181 companies in Mr. Manoogian’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $309 billion.
$2.12 trillion Assets Under Management (AUM)
As of 19th July 2024, Northeast Investment Management’s top holding is 1,349,609 shares of NVIDIA Corp currently worth over $167 billion and making up 7.8% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Northeast Investment Management owns more than approximately 0.1% of the company.
In addition, the fund holds 676,505 shares of Apple Inc worth $142 billion, whose value grew 16.6% in the past six months.
The third-largest holding is Microsoft worth $116 billion and the next is Amazon.com worth $108 billion, with 559,601 shares owned.
Currently, Northeast Investment Management's portfolio is worth at least $2.12 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.
Careers at Northeast Investment Management
The Northeast Investment Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Richard Manoogian serves as the Chief Compliance Officer at Northeast Investment Management.
Recent trades
In the most recent 13F filing, Northeast Investment Management revealed that it had opened a new position in
Spotify Technology Sa and bought 7,751 shares worth $2.43 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
1,208,895 additional shares.
This makes their stake in NVIDIA Corp total 1,349,609 shares worth $167 billion.
NVIDIA Corp dropped 72.8% in the past year.
On the other hand, there are companies that Northeast Investment Management is getting rid of from its portfolio.
Northeast Investment Management closed its position in Spdr Prtflo Sp 500 Vl on 26th July 2024.
It sold the previously owned 7,532 shares for $377 million.
Richard Manoogian also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $142 billion and 676,505 shares.
One of the largest hedge funds
The two most similar investment funds to Northeast Investment Management are Lake Street Advisors Group and Carlson Capital Management. They manage $2.12 trillion and $2.12 trillion respectively.
Richard Manoogian investment strategy
Northeast Investment Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 25.0% of
the total portfolio value.
The fund focuses on investments in the United States as
58.0% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $177 billion.
The complete list of Northeast Investment Management trades based on 13F SEC filings
These positions were updated on July 26th 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 |
|---|---|---|---|
| NVIDIA Corp |
859.11%
1,349,609
|
$166,730,703,000 | 7.85% |
| Apple Inc |
0.44%
676,505
|
$142,485,456,000 | 6.71% |
| Microsoft Corporation |
1.11%
260,117
|
$116,259,404,000 | 5.47% |
| Amazon.com Inc. |
0.64%
559,601
|
$108,142,893,000 | 5.09% |
| Alphabet Inc |
0.67%
565,715
|
$103,044,987,000 | 4.85% |
| Costco Wholesale Corp |
0.71%
97,676
|
$83,023,393,000 | 3.91% |
| Visa Inc |
1.25%
260,783
|
$68,447,714,000 | 3.22% |
| Berkshire Hathaway Inc. |
1.11%
140,497
|
$57,154,056,000 | 2.69% |
| Meta Platforms Inc |
1.02%
98,833
|
$49,833,575,000 | 2.35% |
| Thermo Fisher Scientific Inc. |
0.54%
86,954
|
$48,085,572,000 | 2.26% |
| Eli Lilly Co |
8.14%
50,474
|
$45,698,275,000 | 2.15% |
| Union Pacific Corp. |
1.59%
196,445
|
$44,447,646,000 | 2.09% |
| Danaher Corp. |
0.18%
177,859
|
$44,438,071,000 | 2.09% |
| Abb Ltd Sp Adr |
0.51%
749,179
|
$41,736,762,000 | 1.96% |
| Jpmorgan Chase Co |
0.39%
204,122
|
$41,285,716,000 | 1.94% |
| ASML Holding NV |
6.48%
38,999
|
$39,885,447,000 | 1.88% |
| Accenture Plc Ireland Class A |
0.45%
127,350
|
$38,639,263,000 | 1.82% |
| Intuitive Surgical Inc |
4.88%
83,185
|
$37,004,847,000 | 1.74% |
| Vanguard Sp 500 Etf |
5.86%
73,712
|
$36,865,583,000 | 1.74% |
| Lowes Cos Inc |
0.54%
165,141
|
$36,406,985,000 | 1.71% |
| American Tower Corp. |
2.43%
182,702
|
$35,513,615,000 | 1.67% |
| NextEra Energy Inc |
0.21%
412,935
|
$29,239,939,000 | 1.38% |
| Honeywell International Inc |
6.07%
134,591
|
$28,740,562,000 | 1.35% |
| Johnson Johnson |
3.25%
189,617
|
$27,714,481,000 | 1.30% |
| Blackstone Inc |
0.62%
222,117
|
$27,498,120,000 | 1.29% |
| Waste Management, Inc. |
10.06%
117,672
|
$25,104,120,000 | 1.18% |
| Vanguard Div Apprec Etf |
6.90%
126,800
|
$23,147,340,000 | 1.09% |
| Walmart Inc |
2.63%
340,292
|
$23,041,168,000 | 1.08% |
| Mcdonalds Corp |
2.89%
87,635
|
$22,332,903,000 | 1.05% |
| Exxon Mobil Corp. |
1.30%
186,514
|
$21,471,492,000 | 1.01% |
| Disney Walt Co |
1.80%
215,945
|
$21,441,138,000 | 1.01% |
| Deere Co |
3.21%
57,142
|
$21,349,965,000 | 1.01% |
| Alphabet Inc |
1.53%
114,947
|
$21,083,579,000 | 0.99% |
| Chevron Corp. |
0.15%
119,881
|
$18,751,772,000 | 0.88% |
| Vanguard Small Cap Etf |
9.65%
83,405
|
$18,185,626,000 | 0.86% |
| Goldman Sachs Group, Inc. |
0.82%
39,465
|
$17,850,809,000 | 0.84% |
| Procter And Gamble Co |
2.77%
101,335
|
$16,712,134,000 | 0.79% |
| Vanguard Mid Cap Etf |
3.84%
65,991
|
$15,976,421,000 | 0.75% |
| Pepsico Inc |
2.22%
94,792
|
$15,634,045,000 | 0.74% |
| United Rentals, Inc. |
52.52%
23,794
|
$15,388,228,000 | 0.72% |
| Adobe Systems Inc |
3.92%
26,463
|
$14,701,255,000 | 0.69% |
| Blackrock Inc. |
1.98%
17,696
|
$13,932,415,000 | 0.66% |
| Nike, Inc. |
11.41%
180,469
|
$13,601,949,000 | 0.64% |
| ServiceNow Inc |
22.76%
14,654
|
$11,527,862,000 | 0.54% |
| Sherwin-Williams Co. |
1.92%
35,783
|
$10,678,721,000 | 0.50% |
| Abbott Laboratories |
1.41%
96,940
|
$10,073,035,000 | 0.47% |
| Vanguard Ftse Emerg Mkt Etf |
27.61%
224,717
|
$9,833,616,000 | 0.46% |
| Vanguard Mega Growth Ind |
52.20%
30,207
|
$9,491,341,000 | 0.45% |
| T. Rowe Price Group Inc. |
0.82%
81,479
|
$9,395,343,000 | 0.44% |
| Vanguard Large Cap Etf |
No change
35,932
|
$8,969,346,000 | 0.42% |
| Mastercard Incorporated |
0.61%
19,460
|
$8,584,974,000 | 0.40% |
| Tjx Cos Inc |
8.31%
77,174
|
$8,496,857,000 | 0.40% |
| Clorox Co. |
11.02%
61,983
|
$8,458,820,000 | 0.40% |
| Vanguard Ftse Dev Mkt Etf |
7.14%
166,197
|
$8,213,456,000 | 0.39% |
| Church Dwight Inc |
2.25%
75,312
|
$7,808,348,000 | 0.37% |
| Merck Co Inc |
3.05%
61,419
|
$7,603,656,000 | 0.36% |
| Caterpillar Inc. |
0.40%
19,093
|
$6,359,878,000 | 0.30% |
| Bank Of America Corp. |
1.62%
156,930
|
$6,241,106,000 | 0.29% |
| United Parcel Service, Inc. |
3.29%
43,145
|
$5,904,393,000 | 0.28% |
| Akamai Technologies Inc |
20.97%
61,505
|
$5,540,370,000 | 0.26% |
| Palo Alto Networks Inc |
74.67%
15,264
|
$5,174,649,000 | 0.24% |
| Colgate-Palmolive Co. |
0.61%
52,151
|
$5,060,733,000 | 0.24% |
| Lockheed Martin Corp. |
5.33%
10,121
|
$4,727,519,000 | 0.22% |
| Tesla Inc |
0.27%
23,653
|
$4,680,456,000 | 0.22% |
| Home Depot, Inc. |
4.47%
13,570
|
$4,671,337,000 | 0.22% |
| Schlumberger Ltd. |
0.94%
93,773
|
$4,424,210,000 | 0.21% |
| Mondelez International Inc. |
1.24%
64,216
|
$4,202,295,000 | 0.20% |
| Ishares Core Sp 500 Etf |
2.14%
7,585
|
$4,150,740,000 | 0.20% |
| Vanguard All World Ex-us Etf |
1.19%
63,059
|
$3,697,780,000 | 0.17% |
| Novartis Ag Sp Adr |
24.00%
32,153
|
$3,423,008,000 | 0.16% |
| Air Prods Chems Inc |
5.10%
12,348
|
$3,186,401,000 | 0.15% |
| Pfizer Inc. |
19.03%
105,558
|
$2,953,503,000 | 0.14% |
| Amcor Plc |
3.58%
295,850
|
$2,893,413,000 | 0.14% |
| Cisco Systems, Inc. |
3.75%
51,867
|
$2,464,184,000 | 0.12% |
| Spotify Technology Sa |
Opened
7,751
|
$2,432,186,000 | 0.11% |
| Kenvue Inc |
35.21%
133,495
|
$2,426,939,000 | 0.11% |
| Morgan Stanley |
1.15%
24,589
|
$2,389,805,000 | 0.11% |
| Spdr Sp 500 Etf Tr |
9.28%
4,356
|
$2,370,622,000 | 0.11% |
| CVS Health Corp |
78.60%
38,393
|
$2,267,491,000 | 0.11% |
| Coca-Cola Co |
3.27%
34,879
|
$2,220,048,000 | 0.10% |
| Vanguard Value Etf |
18.11%
13,687
|
$2,195,532,000 | 0.10% |
| Emerson Electric Co. |
2.61%
19,156
|
$2,110,225,000 | 0.10% |
| Abbvie Inc |
3.15%
12,066
|
$2,069,560,000 | 0.10% |
| Netflix Inc. |
46.86%
2,974
|
$2,007,093,000 | 0.09% |
| Qualcomm, Inc. |
No change
9,204
|
$1,833,160,000 | 0.09% |
| Uber Technologies Inc |
88.14%
24,304
|
$1,766,415,000 | 0.08% |
| Vanguard Total Stock Mkt |
5.89%
6,377
|
$1,705,911,000 | 0.08% |
| Automatic Data Processing Inc. |
0.71%
6,989
|
$1,668,204,000 | 0.08% |
| Ishares Russell 1000 Growth Et |
No change
4,557
|
$1,661,072,000 | 0.08% |
| AMGEN Inc. |
2.86%
5,269
|
$1,646,299,000 | 0.08% |
| RTX Corp |
6.58%
16,216
|
$1,627,924,000 | 0.08% |
| Brown-Forman Corporation |
13.69%
37,500
|
$1,619,625,000 | 0.08% |
| Nucor Corp. |
No change
9,600
|
$1,517,568,000 | 0.07% |
| Ishares Russell 1000 Val Etf |
25.00%
8,500
|
$1,482,995,000 | 0.07% |
| Ishares Msci Emerg Mkt Etf |
12.94%
33,914
|
$1,444,397,000 | 0.07% |
| Cambridge Bancorp |
No change
20,566
|
$1,419,054,000 | 0.07% |
| Kkr Co Inc Cl A |
8.47%
12,800
|
$1,347,072,000 | 0.06% |
| Ecolab, Inc. |
1.97%
5,531
|
$1,316,378,000 | 0.06% |
| Intl Business Machines |
0.39%
6,622
|
$1,145,206,000 | 0.05% |
| Shell Plc Spon Ads |
0.87%
15,802
|
$1,140,588,000 | 0.05% |
| Intel Corp. |
1.48%
34,305
|
$1,062,426,000 | 0.05% |
| Fastenal Co. |
No change
16,800
|
$1,055,712,000 | 0.05% |
| Williams Cos Inc |
No change
24,557
|
$1,043,688,000 | 0.05% |
| Verizon Communications Inc |
8.22%
25,196
|
$1,039,088,000 | 0.05% |
| Oracle Corp. |
1.70%
7,345
|
$1,037,114,000 | 0.05% |
| Unilever Plc Sp Adr |
No change
18,000
|
$989,820,000 | 0.05% |
| Ishares Msci Eafe Etf |
No change
12,533
|
$981,710,000 | 0.05% |
| Att Inc |
5.63%
50,122
|
$957,838,000 | 0.05% |
| Comcast Corp Cl A |
18.35%
23,759
|
$930,402,000 | 0.04% |
| Chubb Limited |
6.04%
3,599
|
$918,033,000 | 0.04% |
| Target Corp |
5.94%
5,955
|
$881,578,000 | 0.04% |
| 3M Co. |
5.28%
8,606
|
$879,447,000 | 0.04% |
| Weyerhaeuser Co. |
No change
29,745
|
$844,461,000 | 0.04% |
| Advanced Micro Devices Inc. |
2.37%
4,976
|
$807,157,000 | 0.04% |
| Kimberly-Clark Corp. |
9.40%
5,793
|
$800,526,000 | 0.04% |
| Taiwan Semiconductor Mfg Ltd S |
0.94%
4,398
|
$764,416,000 | 0.04% |
| General Mills, Inc. |
1.66%
11,839
|
$748,935,000 | 0.04% |
| Us Bancorp Del |
5.42%
18,129
|
$719,721,000 | 0.03% |
| Sysco Corp. |
No change
9,504
|
$678,491,000 | 0.03% |
| Chipotle Mexican Grill |
Opened
10,500
|
$657,825,000 | 0.03% |
| Starbucks Corp. |
13.56%
8,398
|
$653,784,000 | 0.03% |
| Vanguard Esg Us Stock Etf |
25.91%
6,517
|
$629,673,000 | 0.03% |
| Ishares Core Sp Ttl Stock |
21.96%
5,242
|
$622,645,000 | 0.03% |
| Philip Morris International Inc |
No change
6,123
|
$620,444,000 | 0.03% |
| Select Sector Spdr Tr Technolo |
0.87%
2,659
|
$601,546,000 | 0.03% |
| Vanguard Energy |
2.20%
4,641
|
$592,052,000 | 0.03% |
| Motorola Solutions Inc |
No change
1,455
|
$561,703,000 | 0.03% |
| Vanguard Short Term Infl Prot |
34.78%
11,550
|
$560,637,000 | 0.03% |
| Corning, Inc. |
15.63%
13,957
|
$542,229,000 | 0.03% |
| Vanguard Small Cap Growth Etf |
No change
2,115
|
$529,025,000 | 0.02% |
| Wells Fargo Co |
No change
8,735
|
$518,772,000 | 0.02% |
| Conocophillips |
No change
4,535
|
$518,713,000 | 0.02% |
| Novo-nordisk As Adr |
No change
3,560
|
$508,154,000 | 0.02% |
| State Street Corp. |
15.47%
6,584
|
$487,216,000 | 0.02% |
| Mettler-Toledo International, Inc. |
2.54%
346
|
$483,566,000 | 0.02% |
| Vanguard High Div Yield |
No change
4,004
|
$474,933,000 | 0.02% |
| International Flavors Fragra |
No change
4,700
|
$447,487,000 | 0.02% |
| Tyler Technologies, Inc. |
No change
875
|
$439,932,000 | 0.02% |
| Bp Plc Sp Adr |
No change
11,997
|
$433,092,000 | 0.02% |
| Stifel Financial Corp. |
16.81%
5,033
|
$423,527,000 | 0.02% |
| Hershey Company |
No change
2,291
|
$421,155,000 | 0.02% |
| Vanguard Real Estate Etf |
68.44%
5,008
|
$419,470,000 | 0.02% |
| Travelers Companies Inc. |
No change
1,942
|
$394,886,000 | 0.02% |
| GE Aerospace |
No change
2,483
|
$394,723,000 | 0.02% |
| Hilton Worldwide Holdings Inc |
No change
1,758
|
$383,596,000 | 0.02% |
| Bristol-Myers Squibb Co. |
8.00%
9,146
|
$379,833,000 | 0.02% |
| Spdr Prtflo Sp 500 Vl |
Closed
7,532
|
$377,353,000 | |
| Ishares Russell 2000 Etf |
0.54%
1,857
|
$376,767,000 | 0.02% |
| Vanguard Utilities Etf |
No change
2,498
|
$369,433,000 | 0.02% |
| Illinois Tool Works, Inc. |
No change
1,525
|
$361,364,000 | 0.02% |
| Ishares Rus Mid Cap Etf |
No change
4,391
|
$356,022,000 | 0.02% |
| American Electric Power Company Inc. |
No change
3,872
|
$339,753,000 | 0.02% |
| Broadcom Inc. |
Closed
256
|
$339,305,000 | |
| Canadian National Railway Co. |
4.44%
2,798
|
$330,528,000 | 0.02% |
| Carlyle Group Inc (The) |
0.82%
8,128
|
$326,336,000 | 0.02% |
| Archer Daniels Midland Co. |
No change
5,220
|
$315,549,000 | 0.01% |
| Carrier Global Corporation |
No change
4,990
|
$314,769,000 | 0.01% |
| Copart, Inc. |
24.29%
5,624
|
$304,596,000 | 0.01% |
| Oneok Inc. |
Opened
3,705
|
$302,143,000 | 0.01% |
| Ishares Sp Mc 400gr Etf |
No change
3,402
|
$299,750,000 | 0.01% |
| EOG Resources, Inc. |
No change
2,370
|
$298,312,000 | 0.01% |
| Ishares Core Sp Mcp Etf |
10.93%
5,075
|
$296,989,000 | 0.01% |
| Salesforce Inc |
5.09%
1,094
|
$281,267,000 | 0.01% |
| Boeing Co. |
14.24%
1,530
|
$278,475,000 | 0.01% |
| Dow Inc |
19.69%
5,138
|
$272,571,000 | 0.01% |
| Unitedhealth Group Inc |
75.74%
535
|
$272,454,000 | 0.01% |
| Lululemon Athletica inc. |
8.83%
878
|
$262,259,000 | 0.01% |
| Idexx Laboratories, Inc. |
4.10%
538
|
$262,114,000 | 0.01% |
| Edinburgh Worldwide Gbp |
No change
140,000
|
$260,506,000 | 0.01% |
| Wabtec Corp |
7.02%
1,589
|
$251,141,000 | 0.01% |
| Ishares Select Div Etf |
No change
2,047
|
$247,646,000 | 0.01% |
| Analog Devices Inc. |
No change
1,076
|
$245,608,000 | 0.01% |
| Veralto Corp |
60.92%
2,535
|
$242,016,000 | 0.01% |
| Donaldson Co. Inc. |
7.48%
3,363
|
$240,656,000 | 0.01% |
| Otis Worldwide Corporation |
No change
2,495
|
$240,169,000 | 0.01% |
| Apollo Global Mgmt Inc |
Opened
2,000
|
$236,140,000 | 0.01% |
| Eastgroup Property Inc |
No change
1,300
|
$221,130,000 | 0.01% |
| Block Inc |
Closed
2,600
|
$219,908,000 | |
| Stryker Corp. |
Closed
607
|
$217,227,000 | |
| Corteva Inc |
No change
3,958
|
$213,495,000 | 0.01% |
| The Cigna Group Com |
No change
638
|
$210,904,000 | 0.01% |
| Equifax, Inc. |
Closed
776
|
$207,596,000 | |
| Grainger W W Inc |
Closed
200
|
$203,460,000 | |
| The Southern Co. |
Opened
2,597
|
$201,425,000 | 0.01% |
| Spdr Sp Mid Cap 400 Etf Tr |
Closed
362
|
$201,417,000 | |
| Kellanova Com |
19.52%
3,485
|
$201,015,000 | 0.01% |
| Xylem Inc |
Opened
1,475
|
$200,054,000 | 0.01% |
| Ford Motor Co. |
16.89%
12,305
|
$154,305,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 188 holdings | |||
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