Hammer Asset Management 13F annual report

Hammer Asset Management is an investment fund managing more than $20.6 million ran by David Hammer. There are currently 40 companies in Mr. Hammer’s portfolio. The largest investments include Barings Corporate Invs and Abbvie Inc, together worth $1.6 million.

Limited to 30 biggest holdings

$20.6 million Assets Under Management (AUM)

As of 12th January 2021, Hammer Asset Management’s top holding is 67,511 shares of Barings Corporate Invs currently worth over $890 thousand and making up 4.3% of the portfolio value. In addition, the fund holds 6,657 shares of Abbvie Inc worth $713 thousand, whose value fell approximately 0.1% in the past six months. The third-largest holding is Verizon Communications Inc worth $685 thousand and the next is Cummins worth $684 thousand, with 3,011 shares owned.

Currently, Hammer Asset Management's portfolio is worth at least $20.6 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 Hammer Asset Management

The Hammer Asset Management office and employees reside in Auburn, California. According to the last 13-F report filed with the SEC, David Hammer serves as the Chief Compliance Officer at Hammer Asset Management.

Recent trades

In the most recent 13F filing, Hammer Asset Management revealed that it had opened a new position in Thor Inds Inc and bought 4,920 shares worth $458 thousand.

The investment fund also strengthened its position in Apple Inc by buying 796 additional shares. This makes their stake in Apple Inc total 5,033 shares worth $668 thousand. Apple Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Hammer Asset Management is getting rid of from its portfolio. Hammer Asset Management closed its position in Lilly Eli & Co on 19th January 2021. It sold the previously owned 3,280 shares for $538 thousand. David Hammer also disclosed a decreased stake in Barings Corporate Invs by 0.3%. This leaves the value of the investment at $890 thousand and 67,511 shares.

One of the smallest hedge funds

The two most similar investment funds to Hammer Asset Management are Stonepeak Gp Investors Manager and Oslo Asset Management As. They manage $20.6 million and $20.7 million respectively.

David Hammer investment strategy

Hammer Asset Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 15.5% of the total portfolio value. The fund focuses on investments in the United States as 50.0% 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 53% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $188 billion.

The complete list of Hammer Asset Management trades based on 13F SEC filings

These positions were updated on January 19th 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
Barings Corporate Invs	28.24% 67,511	$890,000	4.31%
Abbvie Inc	42.40% 6,657	$713,000	3.45%
Verizon Communications Inc	33.42% 11,652	$685,000	3.32%
Cummins Inc.	47.90% 3,011	$684,000	3.31%
Apple Inc	18.79% 5,033	$668,000	3.24%
Tjx Cos Inc New	51.50% 9,735	$665,000	3.22%
Graphic Packaging Hldg Co	41.67% 38,522	$653,000	3.16%
Apollo Sr Floating Rate Fd I	12.23% 42,433	$611,000	2.96%
Caterpillar Inc.	42.25% 3,359	$611,000	2.96%
Barings Partn Invs	6.75% 50,542	$600,000	2.91%
Vanguard Scottsdale Fds	65.66% 11,951	$1,080,000	5.23%
Taiwan Semiconductor Mfg Ltd	58.76% 5,386	$587,000	2.84%
General Mtrs Co	46.03% 14,013	$584,000	2.83%
Applied Matls Inc	34.22% 6,619	$571,000	2.77%
AMGEN Inc.	44.74% 2,454	$564,000	2.73%
Skyworks Solutions, Inc.	51.37% 3,660	$560,000	2.71%
International Paper Co.	43.11% 11,192	$556,000	2.69%
Gentex Corp.	45.23% 15,871	$539,000	2.61%
Lilly Eli & Co	Closed 3,280	$538,000
Union Pac Corp	45.42% 2,540	$529,000	2.56%
Eastman Chem Co	59.94% 5,096	$511,000	2.48%
Pfizer Inc.	46.14% 13,446	$495,000	2.40%
Intel Corp.	41.03% 9,736	$485,000	2.35%
3M Co.	45.34% 2,664	$466,000	2.26%
Thor Inds Inc	Opened 4,920	$458,000	2.22%
Oracle Corp.	46.41% 7,006	$453,000	2.19%
Bristol-Myers Squibb Co.	39.07% 7,036	$436,000	2.11%
United Parcel Service, Inc.	Closed 3,913	$435,000
Home Depot, Inc.	53.77% 1,637	$435,000	2.11%
Lowes Cos Inc	75.11% 2,628	$422,000	2.04%
Citigroup Inc	42.07% 6,832	$421,000	2.04%
Whirlpool Corp.	14.29% 2,255	$407,000	1.97%
Tractor Supply Co.	61.73% 2,817	$396,000	1.92%
Msc Indl Direct Inc	Closed 5,339	$389,000
Magna International Inc.	48.01% 5,486	$388,000	1.88%
Best Buy Co. Inc.	66.36% 3,686	$368,000	1.78%
Rio Tinto plc	54.65% 4,872	$366,000	1.77%
Chevron Corp.	50.65% 4,185	$353,000	1.71%
Att Inc	45.10% 11,432	$329,000	1.59%
Goodyear Tire Rubr Co	24.93% 26,202	$286,000	1.39%
Nucor Corp.	51.70% 5,184	$276,000	1.34%
Southwest Airls Co	49.30% 5,881	$274,000	1.33%
Bhp Group Ltd	64.34% 4,044	$264,000	1.28%
Walgreens Boots Alliance Inc	Closed 5,374	$228,000
No transactions found
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