Black Cypress Capital Management 13F annual report
Black Cypress Capital Management is an investment fund managing more than $102 billion ran by Alan Hartley. There are currently 24 companies in Mr. Hartley’s portfolio. The largest investments include Wesco International and Wells Fargo Co New, together worth $32.7 billion.
$102 billion Assets Under Management (AUM)
As of 6th August 2024, Black Cypress Capital Management’s top holding is 144,201 shares of Wesco International currently worth over $22.9 billion and making up 22.3% of the portfolio value.
Relative to the number of outstanding shares of Wesco International, Black Cypress Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 166,051 shares of Wells Fargo Co New worth $9.86 billion.
The third-largest holding is Meta Platforms Inc worth $9.82 billion and the next is Us Bancorp Del worth $9.53 billion, with 239,955 shares owned.
Currently, Black Cypress Capital Management's portfolio is worth at least $102 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 Black Cypress Capital Management
The Black Cypress Capital Management office and employees reside in Ponte Vedra Beach, Florida. According to the last 13-F report filed with the SEC, Alan Hartley serves as the Founder, CEO, & CIO at Black Cypress Capital Management.
Recent trades
In the most recent 13F filing, Black Cypress Capital Management revealed that it had opened a new position in
Starbucks and bought 49,300 shares worth $3.84 billion.
This means they effectively own approximately 0.1% of the company.
Starbucks makes up
100.0%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Wesco International by buying
3,364 additional shares.
This makes their stake in Wesco International total 144,201 shares worth $22.9 billion.
Wesco International dropped approximately 0.1% in the past year.
On the other hand, Alan Hartley disclosed a decreased stake in Wells Fargo Co New by 0.2%.
This leaves the value of the investment at $9.86 billion and 166,051 shares.
One of the smallest hedge funds
The two most similar investment funds to Black Cypress Capital Management are Seacliff Capital and Silverberg Bernstein Capital Management. They manage $102 billion and $102 billion respectively.
Alan Hartley investment strategy
Black Cypress Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Industrials — making up 24.8% of
the total portfolio value.
The fund focuses on investments in the United States as
29.2% 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
25% 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 $118 billion.
The complete list of Black Cypress Capital Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Wesco International, Inc. |
2.39%
144,201
|
$22,858,741,000 | 22.33% |
| Wells Fargo Co New |
16.40%
166,051
|
$9,861,776,000 | 9.63% |
| Meta Platforms Inc |
1.57%
19,481
|
$9,822,710,000 | 9.60% |
| Us Bancorp Del |
17.54%
239,955
|
$9,526,205,000 | 9.31% |
| Johnson Ctls Intl Plc |
16.39%
108,585
|
$7,217,659,000 | 7.05% |
| Schlumberger Ltd. |
34.98%
133,220
|
$6,285,311,000 | 6.14% |
| Lowes Cos Inc |
4.50%
23,063
|
$5,084,537,000 | 4.97% |
| Halliburton Co. |
4.41%
147,463
|
$4,981,308,000 | 4.87% |
| Starbucks Corp. |
Opened
49,300
|
$3,838,005,000 | 3.75% |
| Brown-Forman Corporation |
Opened
78,385
|
$3,575,484,000 | 3.49% |
| Baker Hughes Company |
2.54%
98,686
|
$3,470,784,000 | 3.39% |
| United Airls Hldgs Inc |
3.38%
56,767
|
$2,762,282,000 | 2.70% |
| Delta Air Lines, Inc. |
3.39%
54,301
|
$2,576,039,000 | 2.52% |
| Floor Decor Hldgs Inc |
1.15%
22,670
|
$2,253,641,000 | 2.20% |
| Ishares Tr |
3.12%
75,771
|
$3,189,172,000 | 3.12% |
| Schwab Strategic Tr |
0.10%
32,313
|
$1,241,465,000 | 1.21% |
| Vanguard Tax-managed Fds |
0.12%
24,963
|
$1,233,654,000 | 1.21% |
| Ishares Inc |
0.94%
12,900
|
$690,541,000 | 0.67% |
| Bank America Corp |
88.89%
16,439
|
$653,781,000 | 0.64% |
| Vanguard Intl Equity Index F |
1.06%
13,935
|
$609,817,000 | 0.60% |
| Emerson Elec Co |
2.72%
2,825
|
$311,188,000 | 0.30% |
| Southwest Airls Co |
15.58%
5,778
|
$165,309,000 | 0.16% |
| Disney Walt Co |
80.98%
1,081
|
$107,332,000 | 0.10% |
| Jpmorgan Chase Co |
68.03%
235
|
$47,531,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
Hedge funds similar to Black Cypress Capital Management
- Nalls Sherbakoff
- Qvr
- Invesco Senior Secured Management Inc adv
- Northpond Ventures
- Heritage Wealth Management, ca/
- Bennett Associates Wealth Management
- Silverberg Bernstein Capital Management
- Seacliff Capital
- Drh Investments
- Columbia Advisory Partners
- Life Planning Partners, Inc
- Esg Planning Dba Harper Investing
- Nightview Capital
- Kerntke Otto Mcglone Wealth Management