Mma Asset Management 13F annual report
Mma Asset Management is an investment fund managing more than $179 billion ran by Kevin Turton. There are currently 63 companies in Mr. Turton’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $93.6 billion.
$179 billion Assets Under Management (AUM)
As of 5th February 2024, Mma Asset Management’s top holding is 248,319 shares of Spdr Ser Tr currently worth over $17.3 billion and making up 9.7% of the portfolio value.
In addition, the fund holds 612,079 shares of Ishares Tr worth $76.2 billion.
The third-largest holding is Vanguard Scottsdale Fds worth $5.9 billion and the next is Vanguard Scottsdale Fds worth $10.4 billion, with 132,457 shares owned.
Currently, Mma Asset Management's portfolio is worth at least $179 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 Mma Asset Management
The Mma Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Kevin Turton serves as the Chief Compliance Officer at Mma Asset Management.
Recent trades
In the most recent 13F filing, Mma Asset Management revealed that it had opened a new position in
Vanguard Scottsdale Fds and bought 132,457 shares worth $10.4 billion.
The investment fund also strengthened its position in Spdr Ser Tr by buying
47,887 additional shares.
This makes their stake in Spdr Ser Tr total 248,319 shares worth $17.3 billion.
On the other hand, there are companies that Mma Asset Management is getting rid of from its portfolio.
Mma Asset Management closed its position in Ishares Tr on 12th February 2024.
It sold the previously owned 134,674 shares for $5.44 billion.
Kevin Turton also disclosed a decreased stake in Vanguard Scottsdale Fds by 0.4%.
This leaves the value of the investment at $5.9 billion and 76,439 shares.
One of the smallest hedge funds
The two most similar investment funds to Mma Asset Management are Fsb Premier Wealth Management, Inc and Deane Retirement Strategies. They manage $179 billion and $179 billion respectively.
Kevin Turton investment strategy
Mma Asset Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 2.4% of
the total portfolio value.
The fund focuses on investments in the United States as
44.4% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Mma Asset Management trades based on 13F SEC filings
These positions were updated on February 12th 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 |
|---|---|---|---|
| Spdr Ser Tr |
23.89%
248,319
|
$17,349,051,000 | 9.68% |
| Ishares Tr |
27.57%
612,079
|
$76,247,710,000 | 42.54% |
| Vanguard Scottsdale Fds |
41.05%
76,439
|
$5,898,069,000 | 3.29% |
| Vanguard Scottsdale Fds |
Opened
132,457
|
$10,404,622,000 | 5.81% |
| Ishares Tr |
Opened
325,168
|
$11,190,073,000 | 6.24% |
| Pacer Fds Tr |
24.72%
93,132
|
$4,855,891,000 | 2.71% |
| Vanguard Bd Index Fds |
1,078.13%
95,381
|
$7,035,164,000 | 3.93% |
| Vanguard Index Fds |
42.46%
27,400
|
$5,458,002,000 | 3.05% |
| Ishares Tr |
Closed
134,674
|
$5,444,108,000 | |
| Select Sector Spdr Tr |
9.92%
144,598
|
$12,432,533,000 | 6.94% |
| Invesco Exch Traded Fd Tr Ii |
7.87%
139,662
|
$3,017,198,000 | 1.68% |
| Spdr Gold Tr |
15.69%
8,407
|
$1,577,153,000 | 0.88% |
| J P Morgan Exchange Traded F |
75.41%
30,742
|
$1,546,937,000 | 0.86% |
| Vanguard Tax-managed Fds |
1.41%
25,730
|
$1,225,788,000 | 0.68% |
| Apple Inc |
11.77%
6,137
|
$1,158,888,000 | 0.65% |
| Amazon.com Inc. |
8.59%
6,499
|
$1,133,799,000 | 0.63% |
| Proshares Tr |
0.60%
10,259
|
$973,949,000 | 0.54% |
| Ishares Inc |
Opened
15,889
|
$791,908,000 | 0.44% |
| Microsoft Corporation |
1.09%
1,859
|
$781,834,000 | 0.44% |
| NVIDIA Corp |
47.64%
944
|
$680,936,000 | 0.38% |
| Vanguard World Fd |
Closed
8,993
|
$644,864,000 | |
| Vanguard Mun Bd Fds |
20.74%
11,994
|
$606,896,000 | 0.34% |
| Ralph Lauren Corp |
30.08%
3,421
|
$598,709,000 | 0.33% |
| Tapestry Inc |
88.27%
13,510
|
$567,420,000 | 0.32% |
| VanEck ETF Trust |
17.06%
10,543
|
$540,856,000 | 0.30% |
| Sap SE |
16.81%
2,960
|
$537,388,000 | 0.30% |
| Vanguard Charlotte Fds |
4.48%
11,012
|
$535,385,000 | 0.30% |
| Qualcomm, Inc. |
Opened
3,540
|
$534,590,000 | 0.30% |
| Zeta Global Holdings Corp. |
No change
51,735
|
$516,833,000 | 0.29% |
| Huntington Ingalls Inds Inc |
12.36%
1,872
|
$512,741,000 | 0.29% |
| Pepsico Inc |
No change
2,627
|
$440,519,000 | 0.25% |
| Snap-on, Inc. |
12.33%
1,650
|
$433,010,000 | 0.24% |
| Vanguard Index Fds |
Opened
1,678
|
$417,654,000 | 0.23% |
| Spdr S&p 500 Etf Tr |
53.14%
804
|
$403,002,000 | 0.22% |
| General Mls Inc |
33.17%
6,219
|
$387,672,000 | 0.22% |
| UGI Corp. |
Closed
10,914
|
$379,371,000 | |
| Advanced Micro Devices Inc. |
4.38%
2,185
|
$376,879,000 | 0.21% |
| Celanese Corp |
2.42%
2,464
|
$366,939,000 | 0.20% |
| Nxp Semiconductors N V |
Opened
1,494
|
$348,924,000 | 0.19% |
| Berkshire Hathaway Inc. |
11.31%
856
|
$341,051,000 | 0.19% |
| Target Corp |
Closed
1,983
|
$328,444,000 | |
| Paramount Global |
Closed
14,551
|
$324,633,000 | |
| CVS Health Corp |
30.53%
4,212
|
$321,451,000 | 0.18% |
| Regeneron Pharmaceuticals, Inc. |
Closed
388
|
$318,808,000 | |
| Chevron Corp. |
1.25%
2,102
|
$317,495,000 | 0.18% |
| General Dynamics Corp. |
Opened
1,174
|
$317,152,000 | 0.18% |
| Cigna Group (The) |
1.10%
919
|
$307,801,000 | 0.17% |
| Conagra Brands Inc |
Closed
8,092
|
$303,936,000 | |
| Comcast Corp New |
10.87%
7,217
|
$303,619,000 | 0.17% |
| Leidos Holdings Inc |
1.80%
2,665
|
$302,557,000 | 0.17% |
| Synchrony Financial |
2.20%
7,759
|
$300,506,000 | 0.17% |
| Viatris Inc. |
Opened
25,683
|
$299,982,000 | 0.17% |
| Vanguard Intl Equity Index F |
35.87%
7,288
|
$296,110,000 | 0.17% |
| Fedex Corp |
22.45%
1,192
|
$289,209,000 | 0.16% |
| Cummins Inc. |
1.33%
1,145
|
$288,288,000 | 0.16% |
| Nucor Corp. |
Closed
1,850
|
$285,770,000 | |
| Pfizer Inc. |
Opened
10,323
|
$284,509,000 | 0.16% |
| Cisco Sys Inc |
0.13%
5,465
|
$273,937,000 | 0.15% |
| Skyworks Solutions, Inc. |
7.61%
2,599
|
$273,033,000 | 0.15% |
| Salesforce Inc |
Opened
935
|
$272,447,000 | 0.15% |
| Hartford Finl Svcs Group Inc |
Closed
3,714
|
$258,829,000 | |
| Principal Financial Group In |
Closed
3,448
|
$256,255,000 | |
| Hewlett Packard Enterprise C |
0.22%
16,535
|
$255,965,000 | 0.14% |
| Weyerhaeuser Co Mtn Be |
6.62%
7,647
|
$254,492,000 | 0.14% |
| Interpublic Group Cos Inc |
0.74%
8,252
|
$253,997,000 | 0.14% |
| Ishares Inc |
0.70%
4,447
|
$246,263,000 | 0.14% |
| LKQ Corp |
Opened
4,834
|
$231,742,000 | 0.13% |
| Phillips 66 |
Opened
1,574
|
$229,279,000 | 0.13% |
| Mosaic Co New |
Opened
7,478
|
$223,742,000 | 0.12% |
| Fidelity Merrimack Str Tr |
3.48%
4,930
|
$223,330,000 | 0.12% |
| Exxon Mobil Corp. |
Closed
1,933
|
$211,973,000 | |
| Bank New York Mellon Corp |
Opened
3,809
|
$210,333,000 | 0.12% |
| AT&T Inc. |
25.85%
12,441
|
$209,505,000 | 0.12% |
| Smucker J M Co |
Closed
1,322
|
$208,043,000 | |
| JPMorgan Chase & Co. |
Opened
1,184
|
$207,212,000 | 0.12% |
| Bristol-Myers Squibb Co. |
Closed
2,931
|
$203,148,000 | |
| No transactions found | |||
| Showing first 500 out of 76 holdings | |||
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