Partners 13F annual report

Partners is an investment fund managing more than $256 billion ran by Scott Paschal. There are currently 89 companies in Mr. Paschal’s portfolio. The largest investments include Alphabet Inc and Microsoft, together worth $27.7 billion.

$256 billion Assets Under Management (AUM)

As of 8th July 2024, Partners’s top holding is 77,576 shares of Alphabet Inc currently worth over $14.1 billion and making up 5.5% of the portfolio value. Relative to the number of outstanding shares of Alphabet Inc, Partners owns more than approximately 0.1% of the company. In addition, the fund holds 30,437 shares of Microsoft worth $13.6 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Palo Alto Networks Inc worth $11.1 billion and the next is Fedex Corp worth $11 billion, with 36,686 shares owned.

Currently, Partners's portfolio is worth at least $256 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 Partners

The Partners office and employees reside in Gallatin, Tennessee. According to the last 13-F report filed with the SEC, Scott Paschal serves as the CEO at Partners.

Recent trades

In the most recent 13F filing, Partners revealed that it had opened a new position in Humana and bought 18,350 shares worth $6.86 billion. This means they effectively own approximately 0.1% of the company. Humana makes up 26.6% of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Alphabet Inc by buying 5,946 additional shares. This makes their stake in Alphabet Inc total 77,576 shares worth $14.1 billion. Alphabet Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Partners is getting rid of from its portfolio. Partners closed its position in Halliburton Co on 15th July 2024. It sold the previously owned 15,351 shares for $555 million. Scott Paschal also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $13.6 billion and 30,437 shares.

One of the smaller hedge funds

The two most similar investment funds to Partners are Ariose Capital Management Ltd and Naman Capital Ltda. They manage $256 billion and $256 billion respectively.


Scott Paschal investment strategy

Partners’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 20.2% of the total portfolio value. The fund focuses on investments in the United States as 53.9% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 2.2% of the portfolio. The average market cap of the portfolio companies is close to $220 billion.

The complete list of Partners trades based on 13F SEC filings

These positions were updated on July 15th 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
Alphabet Inc
8.30%
77,576
$14,130,487,000 5.51%
Microsoft Corporation
0.98%
30,437
$13,603,878,000 5.31%
Palo Alto Networks Inc
32.81%
32,696
$11,084,271,000 4.32%
Fedex Corp
3.46%
36,686
$10,999,988,000 4.29%
Exxon Mobil Corp.
0.13%
93,997
$10,820,964,000 4.22%
JPMorgan Chase & Co.
3.07%
48,349
$9,778,994,000 3.81%
Ecolab, Inc.
0.00%
40,518
$9,643,284,000 3.76%
Berkshire Hathaway Inc.
5.10%
23,347
$9,497,560,000 3.70%
Lam Research Corp.
No change
8,790
$9,360,032,000 3.65%
Caterpillar Inc.
3.50%
26,329
$8,770,284,000 3.42%
Lockheed Martin Corp.
1.83%
18,326
$8,560,054,000 3.34%
Humana Inc.
Opened
18,350
$6,856,478,000 2.67%
Apple Inc
5.17%
31,995
$6,738,763,000 2.63%
CVS Health Corp
8.34%
107,587
$6,354,091,000 2.48%
Occidental Pete Corp
1.98%
99,628
$6,279,548,000 2.45%
Crown Castle Inc
Opened
62,480
$6,104,296,000 2.38%
Proshares Tr
2.86%
58,884
$5,660,564,000 2.21%
Chevron Corp.
4.19%
34,211
$5,351,273,000 2.09%
Eog Res Inc
No change
40,111
$5,048,772,000 1.97%
Home Depot, Inc.
16.64%
14,243
$4,902,967,000 1.91%
Unitedhealth Group Inc
3.97%
7,988
$4,068,084,000 1.59%
Merck & Co Inc
0.24%
30,465
$3,771,554,000 1.47%
United Parcel Service, Inc.
99.67%
26,319
$3,601,716,000 1.40%
Medtronic Plc
0.16%
43,322
$3,409,875,000 1.33%
Amazon.com Inc.
10.18%
15,866
$3,066,105,000 1.20%
BP plc
3.93%
83,637
$3,019,282,000 1.18%
VanEck ETF Trust
7.91%
31,783
$2,752,705,000 1.07%
Altria Group Inc.
14.63%
52,355
$2,384,759,000 0.93%
Procter And Gamble Co
45.92%
12,425
$2,049,166,000 0.80%
Bank America Corp
16.84%
50,475
$2,007,394,000 0.78%
Nxp Semiconductors N V
26.08%
7,328
$1,971,892,000 0.77%
Texas Instrs Inc
21.48%
10,119
$1,968,419,000 0.77%
Nucor Corp.
76.19%
12,254
$1,937,176,000 0.76%
First Horizon Corporation
6.95%
120,053
$1,893,238,000 0.74%
Schwab Charles Corp
29.01%
25,623
$1,888,172,000 0.74%
Invesco Exchange Traded Fd T
9.83%
41,270
$2,113,612,000 0.82%
Southwest Airls Co
Opened
57,687
$1,650,426,000 0.64%
Intel Corp.
17.56%
50,978
$1,578,782,000 0.62%
Costco Whsl Corp New
Opened
1,856
$1,577,601,000 0.62%
Novo-nordisk A S
26.53%
10,921
$1,558,864,000 0.61%
Hunt J B Trans Svcs Inc
39.13%
9,622
$1,539,595,000 0.60%
Lowes Cos Inc
8.93%
6,963
$1,534,961,000 0.60%
Owens Corning
27.55%
8,704
$1,512,121,000 0.59%
Truist Finl Corp
3.66%
38,553
$1,497,773,000 0.58%
Fortinet Inc
Opened
24,576
$1,481,196,000 0.58%
Vulcan Matls Co
25.85%
5,917
$1,471,324,000 0.57%
Select Sector Spdr Tr
1.84%
30,347
$2,051,108,000 0.80%
Steel Dynamics Inc.
Opened
11,121
$1,440,208,000 0.56%
Verizon Communications Inc
0.35%
32,137
$1,325,332,000 0.52%
Ishares Tr
12.94%
35,055
$3,676,812,000 1.43%
Regions Financial Corp.
0.70%
58,144
$1,165,207,000 0.45%
Spdr S&p Midcap 400 Etf Tr
406.31%
2,167
$1,159,519,000 0.45%
Boeing Co.
38.05%
5,903
$1,074,406,000 0.42%
Walgreens Boots Alliance Inc
55.57%
87,577
$1,059,246,000 0.41%
International Business Machs
3.91%
6,094
$1,053,909,000 0.41%
Spdr S&p 500 Etf Tr
0.72%
1,820
$990,259,000 0.39%
XPO Inc
10.10%
8,489
$901,108,000 0.35%
Ford Mtr Co Del
18.71%
69,933
$876,956,000 0.34%
Wells Fargo Co New
21.23%
14,509
$861,690,000 0.34%
Coca-Cola Co
44.77%
11,994
$763,426,000 0.30%
Bank Ozk Little Rock Ark
6.71%
18,493
$758,205,000 0.30%
Duke Energy Corp.
1.00%
7,299
$731,592,000 0.29%
Conocophillips
73.22%
6,092
$696,748,000 0.27%
Schwab Strategic Tr
3.35%
8,648
$672,476,000 0.26%
Walmart Inc
17.71%
9,014
$610,339,000 0.24%
Halliburton Co.
Closed
15,351
$554,939,000
Vanguard Index Fds
17.88%
1,088
$544,142,000 0.21%
Abbvie Inc
40.26%
3,024
$518,747,000 0.20%
Vanguard Star Fds
1.48%
8,034
$484,451,000 0.19%
Atmos Energy Corp.
45.36%
3,259
$380,162,000 0.15%
Vanguard Index Fds
Opened
2,500
$614,625,000 0.24%
Marathon Pete Corp
33.90%
2,149
$372,745,000 0.15%
Vanguard Intl Equity Index F
0.95%
6,260
$367,087,000 0.14%
Pnc Finl Svcs Group Inc
1.77%
2,295
$356,842,000 0.14%
Vanguard Tax-managed Fds
32.75%
6,652
$328,742,000 0.13%
Vanguard Bd Index Fds
3.03%
4,524
$325,955,000 0.13%
Cummins Inc.
Opened
1,175
$325,393,000 0.13%
Biogen Inc
Opened
1,393
$322,926,000 0.13%
Oracle Corp.
Opened
2,235
$315,547,000 0.12%
RTX Corp
Closed
3,443
$289,675,000
Bristol-Myers Squibb Co.
No change
6,596
$273,932,000 0.11%
Eli Lilly & Co
Opened
290
$262,960,000 0.10%
Mcdonalds Corp
0.50%
1,008
$256,943,000 0.10%
General Dynamics Corp.
Opened
851
$246,937,000 0.10%
Us Bancorp Del
6.53%
5,904
$234,383,000 0.09%
Thermo Fisher Scientific Inc.
Opened
416
$229,808,000 0.09%
The Southern Co.
Opened
2,914
$226,055,000 0.09%
Crowdstrike Holdings Inc
Opened
572
$219,185,000 0.09%
Phillips 66
47.99%
1,541
$217,573,000 0.08%
Vanguard Specialized Funds
Opened
1,179
$215,227,000 0.08%
Concrete Pumping Holdings, Inc.
No change
10,000
$60,100,000 0.02%
No transactions found
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