Spectrum Asset Management, (nb/ca) 13F annual report
Spectrum Asset Management, (nb/ca) is an investment fund managing more than $216 billion ran by Tony Jung. There are currently 75 companies in Mr. Jung’s portfolio. The largest investments include Schwab Strategic Tr and Ishares Gold Tr, together worth $43.3 billion.
$216 billion Assets Under Management (AUM)
As of 5th July 2024, Spectrum Asset Management, (nb/ca)’s top holding is 488,365 shares of Schwab Strategic Tr currently worth over $33.2 billion and making up 15.4% of the portfolio value.
In addition, the fund holds 228,904 shares of Ishares Gold Tr worth $10.1 billion.
The third-largest holding is Ishares Tr worth $21.7 billion and the next is Vanguard Intl Equity Index F worth $7.55 billion, with 113,031 shares owned.
Currently, Spectrum Asset Management, (nb/ca)'s portfolio is worth at least $216 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 Spectrum Asset Management, (nb/ca)
The Spectrum Asset Management, (nb/ca) office and employees reside in Newport Beach, California. According to the last 13-F report filed with the SEC, Tony Jung serves as the COO at Spectrum Asset Management, (nb/ca).
Recent trades
In the most recent 13F filing, Spectrum Asset Management, (nb/ca) revealed that it had opened a new position in
Constellation Energy Corp and bought 13,932 shares worth $2.79 billion.
The investment fund also strengthened its position in Ishares Tr by buying
12,814 additional shares.
This makes their stake in Ishares Tr total 285,633 shares worth $21.7 billion.
On the other hand, there are companies that Spectrum Asset Management, (nb/ca) is getting rid of from its portfolio.
Spectrum Asset Management, (nb/ca) closed its position in Schwab Charles Family Fd on 12th July 2024.
It sold the previously owned 4,028,000 shares for $4.03 billion.
Tony Jung also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $33.2 billion and 488,365 shares.
One of the smallest hedge funds
The two most similar investment funds to Spectrum Asset Management, (nb/ca) are Optimum Investment Advisors and Sterling Investment Counsel. They manage $216 billion and $216 billion respectively.
Tony Jung investment strategy
Spectrum Asset Management, (nb/ca)’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 9.4% of
the total portfolio value.
The fund focuses on investments in the United States as
52.0% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $260 billion.
The complete list of Spectrum Asset Management, (nb/ca) trades based on 13F SEC filings
These positions were updated on July 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 |
|---|---|---|---|
| Schwab Strategic Tr |
1.04%
488,365
|
$33,221,689,000 | 15.37% |
| Ishares Gold Tr |
0.39%
228,904
|
$10,055,753,000 | 4.65% |
| Ishares Tr |
4.70%
285,633
|
$21,651,382,000 | 10.01% |
| Vanguard Intl Equity Index F |
94.46%
113,031
|
$7,547,053,000 | 3.49% |
| First Tr Exchng Traded Fd Vi |
50.26%
443,864
|
$16,699,239,000 | 7.72% |
| Invesco Exchange Traded Fd T |
22.59%
41,053
|
$6,744,199,000 | 3.12% |
| Microsoft Corporation |
3.91%
12,771
|
$5,707,807,000 | 2.64% |
| Chevron Corp. |
16.72%
36,433
|
$5,698,908,000 | 2.64% |
| Walmart Inc |
0.22%
78,351
|
$5,305,159,000 | 2.45% |
| Schwab Charles Corp |
13.85%
65,596
|
$4,833,790,000 | 2.24% |
| Honeywell International Inc |
0.41%
22,572
|
$4,819,970,000 | 2.23% |
| Exxon Mobil Corp. |
2.54%
36,777
|
$4,233,751,000 | 1.96% |
| General Dynamics Corp. |
0.17%
14,307
|
$4,150,908,000 | 1.92% |
| Schwab Charles Family Fd |
Closed
4,028,000
|
$4,028,000,000 | |
| Oracle Corp. |
0.45%
28,003
|
$3,954,005,000 | 1.83% |
| Abbvie Inc |
3.28%
22,170
|
$3,802,521,000 | 1.76% |
| Berkshire Hathaway Inc. |
4.24%
8,942
|
$3,637,606,000 | 1.68% |
| Accenture Plc Ireland |
0.82%
11,679
|
$3,543,526,000 | 1.64% |
| Duke Energy Corp. |
0.14%
33,052
|
$3,312,835,000 | 1.53% |
| Medtronic Plc |
0.14%
40,466
|
$3,213,407,000 | 1.49% |
| Emerson Elec Co |
0.35%
28,845
|
$3,177,566,000 | 1.47% |
| Bunge Global SA |
1.88%
28,920
|
$3,087,801,000 | 1.43% |
| Verizon Communications Inc |
0.73%
74,168
|
$3,058,693,000 | 1.41% |
| Cisco Sys Inc |
0.18%
63,853
|
$3,033,665,000 | 1.40% |
| Intel Corp. |
9.47%
96,379
|
$2,984,863,000 | 1.38% |
| Vanguard Index Fds |
0.78%
9,418
|
$3,359,981,000 | 1.55% |
| L3Harris Technologies Inc |
20.75%
12,813
|
$2,877,519,000 | 1.33% |
| Constellation Energy Corp |
Opened
13,932
|
$2,790,162,000 | 1.29% |
| Qualcomm, Inc. |
0.52%
13,482
|
$2,685,332,000 | 1.24% |
| Disney Walt Co |
7.02%
24,553
|
$2,437,824,000 | 1.13% |
| Select Sector Spdr Tr |
Opened
35,693
|
$2,432,122,000 | 1.12% |
| Vanguard Scottsdale Fds |
1.99%
9,021
|
$2,227,110,000 | 1.03% |
| Abbott Labs |
0.08%
20,935
|
$2,175,356,000 | 1.01% |
| BorgWarner Inc |
0.16%
59,141
|
$1,906,710,000 | 0.88% |
| Ishares Tr |
Closed
83,404
|
$2,826,704,000 | |
| Americold Realty Trust Inc |
Closed
70,752
|
$1,778,706,000 | |
| Select Sector Spdr Tr |
262.47%
18,812
|
$1,714,730,000 | 0.79% |
| Costco Whsl Corp New |
3.43%
1,943
|
$1,651,451,000 | 0.76% |
| Spdr Sp 500 Etf Tr |
3.74%
2,633
|
$1,437,765,000 | 0.67% |
| Visa Inc |
0.06%
4,917
|
$1,290,630,000 | 0.60% |
| RTX Corp |
0.19%
11,894
|
$1,194,005,000 | 0.55% |
| Occidental Pete Corp |
Opened
17,393
|
$1,099,944,000 | 0.51% |
| Apple Inc |
65.51%
4,349
|
$915,999,000 | 0.42% |
| Chesapeake Energy Corp. |
3.87%
10,501
|
$863,079,000 | 0.40% |
| Alphabet Inc |
0.07%
6,750
|
$1,232,072,000 | 0.57% |
| Schlumberger Ltd. |
0.58%
16,809
|
$797,650,000 | 0.37% |
| Core Laboratories Inc |
Opened
38,991
|
$791,128,000 | 0.37% |
| Pricesmart Inc. |
Closed
9,290
|
$780,360,000 | |
| Dominion Energy Inc |
No change
15,412
|
$755,188,000 | 0.35% |
| Tesla Inc |
Closed
4,292
|
$754,542,000 | |
| Rockwell Automation Inc |
No change
2,692
|
$741,054,000 | 0.34% |
| Maximus Inc. |
Opened
8,644
|
$740,791,000 | 0.34% |
| Ge Healthcare Technologies I |
0.93%
9,505
|
$740,630,000 | 0.34% |
| Digital Rlty Tr Inc |
Opened
4,658
|
$708,249,000 | 0.33% |
| Vanguard Tax-managed Fds |
19.79%
13,524
|
$668,375,000 | 0.31% |
| Mcdonalds Corp |
36.33%
2,473
|
$630,126,000 | 0.29% |
| Nike, Inc. |
103.82%
8,120
|
$612,171,000 | 0.28% |
| Unitedhealth Group Inc |
0.35%
1,157
|
$589,368,000 | 0.27% |
| Morningstar Inc |
0.17%
1,803
|
$533,293,000 | 0.25% |
| Marriott Intl Inc New |
Closed
2,020
|
$509,667,000 | |
| Pfizer Inc. |
1.56%
14,828
|
$414,876,000 | 0.19% |
| Deere Co |
0.37%
1,074
|
$402,810,000 | 0.19% |
| Sempra |
86.93%
5,236
|
$401,496,000 | 0.19% |
| MercadoLibre Inc |
No change
221
|
$363,192,000 | 0.17% |
| First Tr Exchng Traded Fd Vi |
Opened
9,205
|
$354,117,000 | 0.16% |
| Mckesson Corporation |
No change
600
|
$350,796,000 | 0.16% |
| Global X Fds |
1.87%
7,151
|
$346,831,000 | 0.16% |
| Pepsico Inc |
41.33%
2,062
|
$340,011,000 | 0.16% |
| Texas Instrs Inc |
0.65%
1,711
|
$332,874,000 | 0.15% |
| Adobe Inc |
Opened
551
|
$306,103,000 | 0.14% |
| Spdr Index Shs Fds |
0.46%
7,921
|
$277,881,000 | 0.13% |
| HeartBeam Inc |
138.75%
107,200
|
$275,504,000 | 0.13% |
| Northrop Grumman Corp. |
Closed
574
|
$274,751,000 | |
| Advanced Micro Devices Inc. |
Opened
1,635
|
$265,214,000 | 0.12% |
| Skyline Champion Corp |
No change
3,869
|
$262,125,000 | 0.12% |
| Edwards Lifesciences Corp |
Opened
2,631
|
$243,026,000 | 0.11% |
| Pioneer Nat Res Co |
Closed
917
|
$240,713,000 | |
| Spdr Gold Tr |
4.77%
1,099
|
$236,296,000 | 0.11% |
| PayPal Holdings Inc |
No change
4,030
|
$233,861,000 | 0.11% |
| Euronet Worldwide Inc |
Opened
2,237
|
$231,530,000 | 0.11% |
| NVIDIA Corp |
245.35%
1,820
|
$224,819,000 | 0.10% |
| Bank America Corp |
Closed
5,797
|
$219,840,000 | |
| International Business Machs |
No change
1,200
|
$207,540,000 | 0.10% |
| Royal Bk Cda |
Closed
2,000
|
$201,760,000 | |
| Calidi Biotherapeutics Inc |
Closed
166,494
|
$94,070,000 | |
| Tenon Medical Inc |
3.68%
80,200
|
$48,922,000 | 0.02% |
| VolitionRX Ltd |
Closed
55,596
|
$42,087,000 | |
| Abrdn Asia Pacific Income Fu |
Closed
11,207
|
$31,381,000 | |
| Crown Castle Inc |
Closed
80
|
$8,467,000 | |
| No transactions found | |||
| Showing first 500 out of 89 holdings | |||
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