New Vernon Capital Ii 13F annual report

New Vernon Capital Ii is an investment fund managing more than $185 billion ran by Jeffrey Edwards. There are currently 66 companies in Mr. Edwards’s portfolio. The largest investments include Ishares Tr and Wisdomtree Tr, together worth $53.6 billion.

Limited to 30 biggest holdings

$185 billion Assets Under Management (AUM)

As of 7th August 2024, New Vernon Capital Ii’s top holding is 87,289 shares of Ishares Tr currently worth over $33 billion and making up 17.8% of the portfolio value. In addition, the fund holds 426,229 shares of Wisdomtree Tr worth $20.6 billion. The third-largest holding is Icici Bank Limited worth $19.5 billion and the next is HDFC Bank worth $18.3 billion, with 283,938 shares owned.

Currently, New Vernon Capital Ii's portfolio is worth at least $185 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 New Vernon Capital Ii

The New Vernon Capital Ii office and employees reside in Morristown, New Jersey. According to the last 13-F report filed with the SEC, Jeffrey Edwards serves as the Member at New Vernon Capital Ii.

Recent trades

In the most recent 13F filing, New Vernon Capital Ii revealed that it had opened a new position in Vanguard Intl Equity Index F and bought 151,724 shares worth $6.64 billion.

The investment fund also strengthened its position in Ishares Tr by buying 9,474 additional shares. This makes their stake in Ishares Tr total 87,289 shares worth $33 billion.

On the other hand, there are companies that New Vernon Capital Ii is getting rid of from its portfolio. New Vernon Capital Ii closed its position in Ishares Tr on 14th August 2024. It sold the previously owned 100,214 shares for $4.12 billion. Jeffrey Edwards also disclosed a decreased stake in Wisdomtree Tr by 0.2%. This leaves the value of the investment at $20.6 billion and 426,229 shares.

One of the smallest hedge funds

The two most similar investment funds to New Vernon Capital Ii are Shariaportfolio, Inc and Atlantic Investment Management, Inc. They manage $185 billion and $185 billion respectively.


Jeffrey Edwards investment strategy

New Vernon Capital Ii’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Finance — making up 9.9% of the total portfolio value. The fund focuses on investments in the India as 3.0% of the portfolio companies are based in the India.

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 23% of the total holdings value. On the other hand, small-cap stocks make up only 1.5% of the portfolio. The average market cap of the portfolio companies is close to $26.4 billion.

The complete list of New Vernon Capital Ii 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
12.18%
87,289
$33,023,776,000 17.81%
Wisdomtree Tr
17.86%
426,229
$20,578,336,000 11.10%
Icici Bank Limited
17.47%
677,647
$19,523,010,000 10.53%
HDFC Bank Ltd.
10.84%
283,938
$18,265,732,000 9.85%
Ishares Inc
4.26%
959,604
$37,944,898,000 20.47%
Infosys Ltd
41.45%
415,946
$7,744,915,000 4.18%
Makemytrip Limited Mauritius
No change
86,461
$7,271,370,000 3.92%
Taiwan Semiconductor Mfg Ltd
No change
40,404
$7,022,619,000 3.79%
Vanguard Intl Equity Index F
Opened
151,724
$6,639,442,000 3.58%
Wisdomtree Tr
Opened
53,986
$6,090,701,000 3.29%
J P Morgan Exchange Traded F
No change
99,955
$5,640,461,000 3.04%
Ishares Tr
Closed
100,214
$4,116,791,000
Ishares Inc
Closed
44,436
$3,079,859,000
Deckers Outdoor Corp.
Closed
1,671
$1,572,845,000
Select Sector Spdr Tr
Closed
21,997
$1,444,103,000
Crocs Inc
No change
6,773
$988,452,000 0.53%
United Therapeutics Corp
No change
2,697
$859,129,000 0.46%
Allison Transmission Hldgs I
No change
10,991
$834,217,000 0.45%
HP Inc
No change
22,322
$781,716,000 0.42%
Golub Cap Bdc Inc
69.51%
49,559
$778,572,000 0.42%
Mueller Inds Inc
No change
13,527
$770,227,000 0.42%
Altria Group Inc.
No change
14,908
$679,059,000 0.37%
Buckle, Inc.
No change
17,517
$647,078,000 0.35%
Block H & R Inc
31.67%
11,314
$613,558,000 0.33%
Cisco Sys Inc
Closed
12,204
$609,102,000
Interdigital Inc
No change
4,638
$540,605,000 0.29%
Janus International Group In
No change
37,650
$475,520,000 0.26%
Harmony Biosciences Hldgs In
No change
14,716
$443,982,000 0.24%
Manpowergroup Inc Wis
2.70%
6,125
$427,525,000 0.23%
VanEck ETF Trust
No change
34,601
$421,094,000 0.23%
Blue Owl Capital Corporation
71.14%
27,393
$420,756,000 0.23%
Vector Group Ltd
12.91%
38,208
$403,859,000 0.22%
Wells Fargo Co New
Closed
6,584
$381,609,000
JPMorgan Chase & Co.
Closed
1,887
$377,966,000
RTX Corp
No change
3,748
$376,262,000 0.20%
Citigroup Inc
Closed
5,921
$374,444,000
General Dynamics Corp.
No change
1,281
$371,669,000 0.20%
Interpublic Group Cos Inc
No change
12,742
$370,665,000 0.20%
Bank America Corp
Closed
9,760
$370,099,000
Lockheed Martin Corp.
No change
703
$328,371,000 0.18%
Fox Corporation
54.68%
8,772
$301,494,000 0.16%
Louisiana Pac Corp
Closed
3,571
$299,643,000
Northrop Grumman Corp.
No change
678
$295,574,000 0.16%
Everi Holdings Inc
Closed
29,186
$293,319,000
Warrior Met Coal Inc
No change
3,824
$240,032,000 0.13%
Williams-Sonoma, Inc.
No change
838
$236,626,000 0.13%
Malibu Boats Inc
Closed
4,518
$195,539,000
TriNet Group Inc
Opened
1,889
$188,900,000 0.10%
Argan, Inc.
No change
2,574
$188,314,000 0.10%
Alpha Metallurgical Resour I
78.65%
653
$183,186,000 0.10%
Sirius XM Holdings Inc
No change
64,343
$182,091,000 0.10%
Ironwood Pharmaceuticals Inc
58.87%
21,572
$140,649,000 0.08%
Perdoceo Ed Corp
No change
6,271
$134,325,000 0.07%
Catalyst Pharmaceuticals Inc
No change
7,864
$121,813,000 0.07%
Heidrick & Struggles Intl In
No change
3,798
$119,941,000 0.06%
Medifast Inc
Closed
3,087
$118,294,000
Arcturus Therapeutics Hldgs
Closed
3,464
$116,979,000
Zymeworks Inc
Closed
10,892
$114,584,000
International Game Technolog
Opened
5,591
$114,392,000 0.06%
Resideo Technologies Inc
Opened
5,790
$113,252,000 0.06%
Cognizant Technology Solutio
Opened
1,664
$113,152,000 0.06%
Lantheus Holdings Inc
265.97%
1,409
$113,129,000 0.06%
Korn Ferry
Opened
1,673
$112,325,000 0.06%
Organon & Co
Opened
5,398
$111,739,000 0.06%
Amn Healthcare Svcs Inc
72.56%
2,147
$109,991,000 0.06%
Collegium Pharmaceutical Inc
No change
3,400
$109,480,000 0.06%
Tapestry Inc
370.63%
2,452
$104,921,000 0.06%
Target Hospitality Corp.
No change
11,809
$102,856,000 0.06%
Omnicom Group, Inc.
303.25%
1,117
$100,195,000 0.05%
Innoviva Inc
Opened
5,036
$82,590,000 0.04%
Ziprecruiter, Inc.
Opened
8,230
$74,811,000 0.04%
Peabody Energy Corp.
82.95%
3,372
$74,589,000 0.04%
Premier Inc
79.55%
3,967
$74,064,000 0.04%
Bath & Body Works Inc
Opened
1,665
$65,018,000 0.04%
Boise Cascade Co
No change
458
$54,603,000 0.03%
Embecta Corp
80.39%
3,087
$38,588,000 0.02%
Atkore Inc
93.44%
221
$29,820,000 0.02%
frontdoor, inc.
No change
813
$27,471,000 0.01%
Dillards Inc
No change
61
$26,864,000 0.01%
Liberty Media Corp.
Closed
856
$25,432,000
Gilead Sciences, Inc.
No change
343
$23,533,000 0.01%
AMC Networks Inc
No change
1,971
$19,040,000 0.01%
No transactions found
Showing first 500 out of 82 holdings