Corundum Trust , Inc is an investment fund managing more than $34.4 billion ran by James Riswold. There are currently 55 companies in Mr. Riswold’s portfolio. The largest investments include 3M Co and Ishares Core S&p Small Cap Etf, together worth $7.71 billion.
As of 17th July 2024, Corundum Trust , Inc’s top holding is 40,667 shares of 3M Co currently worth over $4.16 billion and making up 12.1% of the portfolio value.
Relative to the number of outstanding shares of 3M Co, Corundum Trust , Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 33,290 shares of Ishares Core S&p Small Cap Etf worth $3.55 billion.
The third-largest holding is Microsoft worth $2.78 billion and the next is Apple Inc worth $2.38 billion, with 11,307 shares owned.
Currently, Corundum Trust , Inc's portfolio is worth at least $34.4 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.
The Corundum Trust , Inc office and employees reside in Sioux Falls, South Dakota. According to the last 13-F report filed with the SEC, James Riswold serves as the President at Corundum Trust , Inc.
In the most recent 13F filing, Corundum Trust , Inc revealed that it had opened a new position in
Solventum Corporation Common S and bought 10,116 shares worth $535 million.
The investment fund also strengthened its position in Ishares Core S&p Small Cap Etf by buying
1,800 additional shares.
This makes their stake in Ishares Core S&p Small Cap Etf total 33,290 shares worth $3.55 billion.
On the other hand, there are companies that Corundum Trust , Inc is getting rid of from its portfolio.
Corundum Trust , Inc closed its position in Johnson & Johnson Common Stock on 24th July 2024.
It sold the previously owned 3,911 shares for $609 million.
James Riswold also disclosed a decreased stake in 3M Co by approximately 0.1%.
This leaves the value of the investment at $4.16 billion and 40,667 shares.
The two most similar investment funds to Corundum Trust , Inc are Opportunities Capital Management and Quaero Capital S.A.. They manage $34.4 billion and $34.7 billion respectively.
Corundum Trust , Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Industrials — making up 13.0% of
the total portfolio value.
The fund focuses on investments in the United States as
25.5% 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
24% of the total holdings value.
On the other hand, small-cap stocks make up only 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $384 billion.
These positions were updated on July 24th 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 |
|---|---|---|---|
| 3M Co. |
2.53%
40,667
|
$4,155,761,000 | 12.08% |
| Ishares Core S&p Small Cap Etf |
5.72%
33,290
|
$3,550,711,000 | 10.33% |
| Microsoft Corporation |
21.97%
6,219
|
$2,779,582,000 | 8.08% |
| Apple Inc |
26.43%
11,307
|
$2,381,480,000 | 6.93% |
| iShares Select Dividend ETF |
16.51%
19,014
|
$2,300,314,000 | 6.69% |
| Ishares Core S&p 500 Etf |
12.18%
3,604
|
$1,972,217,000 | 5.74% |
| Ishares S&p Mid Cap 400 Growth |
2.67%
22,184
|
$1,954,632,000 | 5.68% |
| Ishares S&p Mid Cap 400 Value |
27.66%
13,584
|
$1,541,241,000 | 4.48% |
| Eli Lilly & Co |
51.29%
1,338
|
$1,211,398,000 | 3.52% |
| Alphabet Inc Class C Capital S |
7.23%
6,568
|
$1,204,703,000 | 3.50% |
| Ishares Msci Eafe Etf |
23.81%
13,914
|
$1,089,884,000 | 3.17% |
| Spdr S&p 500 Etf Trust |
12.95%
1,660
|
$903,405,000 | 2.63% |
| Unitedhealth Group Inc |
29.18%
1,616
|
$822,964,000 | 2.39% |
| Johnson & Johnson Common Stock |
Closed
3,911
|
$609,138,000 | |
| Solventum Corporation Common S |
Opened
10,116
|
$534,934,000 | 1.56% |
| Filo Corp Com |
Opened
28,850
|
$525,935,000 | 1.53% |
| JPMorgan Chase & Co. |
36.13%
2,512
|
$508,077,000 | 1.48% |
| Mcdonalds Corp |
Closed
1,910
|
$503,170,000 | |
| Kla Corporation Common Stock |
Closed
1,000
|
$458,660,000 | |
| Vanguard Russell 3000 Etf |
No change
1,892
|
$453,323,000 | 1.32% |
| Orogen Royalties Inc Com |
Opened
500,000
|
$406,550,000 | 1.18% |
| Spdr S&p Dividend Etf |
Closed
3,500
|
$402,535,000 | |
| Cisco Systems, Inc. |
15.78%
7,827
|
$371,861,000 | 1.08% |
| SilverCrest Metals Inc |
Opened
44,500
|
$362,675,000 | 1.05% |
| Abbvie Inc |
Closed
2,362
|
$352,080,000 | |
| Skeena Resources Limited New C |
Opened
65,250
|
$350,392,000 | 1.02% |
| Wesdome Gold Mines Ltd |
Opened
43,000
|
$345,290,000 | 1.00% |
| Amazon.com Inc. |
14.88%
1,727
|
$333,743,000 | 0.97% |
| Chevron Corp. |
Closed
1,970
|
$332,181,000 | |
| MAG Silver Corp. |
Opened
28,150
|
$328,510,000 | 0.96% |
| Target Corp |
9.84%
2,209
|
$327,020,000 | 0.95% |
| Union Pacific Corp. |
6.75%
1,382
|
$312,691,000 | 0.91% |
| Caterpillar Inc. |
Closed
1,136
|
$310,128,000 | |
| Thermo Fisher Scientific Inc. |
No change
500
|
$276,500,000 | 0.80% |
| Berkshire Hathaway Inc. |
39.00%
671
|
$272,963,000 | 0.79% |
| Greatland Gold |
Opened
3,000,000
|
$265,019,000 | 0.77% |
| UGI Corp. |
Opened
11,373
|
$260,442,000 | 0.76% |
| Home Depot, Inc. |
Closed
853
|
$257,742,000 | |
| Ishares Russell 2000 Etf |
Closed
1,415
|
$250,087,000 | |
| Osisko Gold Royalties Ltd Com |
Opened
16,000
|
$249,280,000 | 0.72% |
| Merck & Co Inc |
30.09%
1,982
|
$245,372,000 | 0.71% |
| United Parcel Svc Inc Cl B |
Closed
1,566
|
$244,092,000 | |
| Ishares Russell 1000 Etf |
Closed
1,022
|
$240,078,000 | |
| Kimberly-Clark Corp. |
Closed
1,979
|
$239,162,000 | |
| Vanguard Russell 1000 Value Et |
Closed
3,350
|
$223,311,000 | |
| Walmart Inc Common Stock |
Closed
1,386
|
$221,663,000 | |
| Citigroup Inc |
Opened
3,315
|
$210,370,000 | 0.61% |
| Comcast Corp Cl A |
Closed
4,744
|
$210,349,000 | |
| Ishares Msci Emerging Markets |
Opened
4,810
|
$204,858,000 | 0.60% |
| Nthn Star Res Ltd Npv |
Opened
18,500
|
$158,286,000 | 0.46% |
| Rupert Resources Ltd |
Opened
53,500
|
$144,450,000 | 0.42% |
| Deep Yellow Limited Ordinary S |
Opened
162,162
|
$142,476,000 | 0.41% |
| Chalice Mining Ltd Ordinary Sh |
Opened
150,000
|
$138,000,000 | 0.40% |
| Vizsla Silver Corp Com No Par |
Opened
60,250
|
$107,847,000 | 0.31% |
| Ngex Minerals Ltd Com |
Opened
15,000
|
$88,800,000 | 0.26% |
| I-80 Gold Corp Common |
Opened
72,000
|
$77,760,000 | 0.23% |
| Evolution Mining Ltd Us Listed |
Opened
32,500
|
$74,425,000 | 0.22% |
| Fortuna Mining Corp Com |
Opened
15,000
|
$73,350,000 | 0.21% |
| Aurion Resources Ltd |
Opened
156,125
|
$66,322,000 | 0.19% |
| Solaris Res Inc Com New |
Opened
23,000
|
$64,170,000 | 0.19% |
| Snowline Gold Corp Com |
Opened
15,000
|
$58,740,000 | 0.17% |
| De Grey Mining Ltd Ordinary Sh |
Opened
75,000
|
$56,737,000 | 0.16% |
| Gogold Resources Inc |
Opened
42,500
|
$41,161,000 | 0.12% |
| Dakota Gold Corp Common Stock |
Opened
15,000
|
$38,250,000 | 0.11% |
| Banyan Gold Corp Cl A |
Opened
100,000
|
$17,000,000 | 0.05% |
| Bemetals Corp Com |
Opened
136,567
|
$8,344,000 | 0.02% |
| Wolfden Res Corp Com |
Opened
398,802
|
$6,740,000 | 0.02% |
| Firestone Ventures Inc Com New |
Opened
250,000
|
$5,480,000 | 0.02% |
| Barksdale Resources Corp Com |
Opened
50,000
|
$5,350,000 | 0.02% |
| Vizsla Royalties Corp Com |
Opened
20,083
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 70 holdings | |||