New Legacy 13F annual report
New Legacy is an investment fund managing more than $39.5 billion ran by Adam Geiger. There are currently 14 companies in Mr. Geiger’s portfolio. The largest investments include Meta Platforms Inc and Spdr S&p 500 Etf Tr, together worth $16.9 billion.
$39.5 billion Assets Under Management (AUM)
As of 4th August 2023, New Legacy’s top holding is 30,550 shares of Meta Platforms Inc currently worth over $8.77 billion and making up 22.2% of the portfolio value.
Relative to the number of outstanding shares of Meta Platforms Inc, New Legacy owns more than approximately 0.1% of the company.
In addition, the fund holds 18,387 shares of Spdr S&p 500 Etf Tr worth $8.15 billion.
The third-largest holding is Uber Technologies Inc worth $3.27 billion and the next is Ishares Tr worth $9.58 billion, with 108,470 shares owned.
Currently, New Legacy's portfolio is worth at least $39.5 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 Legacy
The New Legacy office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Adam Geiger serves as the President at New Legacy.
Recent trades
In the most recent 13F filing, New Legacy revealed that it had opened a new position in Ishares Tr and bought 862 shares worth $209 million.
One of the smallest hedge funds
The two most similar investment funds to New Legacy are Caxton Corp and Foresite Capital Management Ii. They manage $39.5 billion and $39.6 billion respectively.
Adam Geiger investment strategy
New Legacy’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 30.4% of
the total portfolio value.
The fund focuses on investments in the United States as
21.4% 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
21% 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 $855 billion.
The complete list of New Legacy trades based on 13F SEC filings
These positions were updated on August 11th 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 |
|---|---|---|---|
| Meta Platforms Inc |
No change
30,550
|
$8,767,239,000 | 22.18% |
| Spdr S&p 500 Etf Tr |
No change
18,387
|
$8,150,741,000 | 20.62% |
| Uber Technologies Inc |
No change
75,684
|
$3,267,278,000 | 8.27% |
| Ishares Tr |
No change
108,470
|
$9,577,821,000 | 24.23% |
| Vanguard Intl Equity Index F |
No change
51,332
|
$2,088,206,000 | 5.28% |
| Wisdomtree Tr |
No change
30,000
|
$2,433,100,000 | 6.16% |
| Spdr Gold Tr |
No change
7,000
|
$1,247,890,000 | 3.16% |
| Apple Inc |
No change
5,700
|
$1,105,629,000 | 2.80% |
| Global X Fds |
No change
26,200
|
$1,089,134,000 | 2.76% |
| Eaton Vance Tax-managed Dive |
No change
37,500
|
$467,250,000 | 1.18% |
| Vanguard Specialized Funds |
No change
1,923
|
$312,346,000 | 0.79% |
| Spdr Ser Tr |
No change
5,104
|
$539,946,000 | 1.37% |
| Select Sector Spdr Tr |
No change
2,050
|
$272,097,000 | 0.69% |
| Ishares Tr |
Opened
862
|
$209,276,000 | 0.53% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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