Community Services 13F annual report
Community Services is an investment fund managing more than $464 billion ran by Joseph Preddy. There are currently 96 companies in Mr. Preddy’s portfolio. The largest investments include Microsoft and Ishares, together worth $77.5 billion.
$464 billion Assets Under Management (AUM)
As of 18th July 2024, Community Services’s top holding is 71,000 shares of Microsoft currently worth over $31.7 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Community Services owns more than approximately 0.1% of the company.
In addition, the fund holds 495,201 shares of Ishares worth $45.7 billion.
The third-largest holding is Apple Inc worth $25.5 billion and the next is Exxon Mobil worth $19 billion, with 165,271 shares owned.
Currently, Community Services's portfolio is worth at least $464 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 Community Services
The Community Services office and employees reside in Newport, Vermont. According to the last 13-F report filed with the SEC, Joseph Preddy serves as the President & CEO at Community Services.
Recent trades
In the most recent 13F filing, Community Services revealed that it had opened a new position in
Analog Devices and bought 7,447 shares worth $1.7 billion.
This means they effectively own approximately 0.1% of the company.
Analog Devices makes up
1.5%
of the fund's Technology sector allocation and has grown its share price by 18.2% in the past year.
The investment fund also strengthened its position in Microsoft by buying
1,129 additional shares.
This makes their stake in Microsoft total 71,000 shares worth $31.7 billion.
Microsoft soared 24.5% in the past year.
On the other hand, there are companies that Community Services is getting rid of from its portfolio.
Community Services closed its position in Bristol-Myers Squibb Co on 25th July 2024.
It sold the previously owned 74,986 shares for $4.07 billion.
Joseph Preddy also disclosed a decreased stake in Ishares by approximately 0.1%.
This leaves the value of the investment at $45.7 billion and 495,201 shares.
One of the average hedge funds
The two most similar investment funds to Community Services are Nebula Research & Development and Summit Asset Management. They manage $464 billion and $464 billion respectively.
Joseph Preddy investment strategy
Community Services’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 24.6% of
the total portfolio value.
The fund focuses on investments in the United States as
76.0% 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
79% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $210 billion.
The complete list of Community Services trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| Microsoft Corporation |
1.62%
71,000
|
$31,733,482,000 | 6.83% |
| Ishares |
1.30%
495,201
|
$45,717,972,000 | 9.85% |
| Apple Inc |
0.67%
121,182
|
$25,523,355,000 | 5.50% |
| Exxon Mobil Corp. |
23.93%
165,271
|
$19,025,997,000 | 4.10% |
| Alphabet Inc |
18.73%
81,904
|
$15,016,651,000 | 3.23% |
| NVIDIA Corp |
1,745.89%
113,799
|
$14,058,712,000 | 3.03% |
| Amazon.com Inc. |
0.49%
69,447
|
$13,420,682,000 | 2.89% |
| Costco Wholesale Corp |
5.40%
14,706
|
$12,499,996,000 | 2.69% |
| Visa Inc |
0.06%
41,315
|
$10,843,951,000 | 2.34% |
| Jpmorgan |
3.47%
45,230
|
$9,148,237,000 | 1.97% |
| Broadcom Inc |
3.30%
5,570
|
$8,942,839,000 | 1.93% |
| Eli Lilly & Co |
313.57%
8,900
|
$8,057,892,000 | 1.74% |
| Walmart Inc |
25.59%
113,479
|
$7,683,678,000 | 1.65% |
| Eaton Corp Plc |
5.02%
24,451
|
$7,666,630,000 | 1.65% |
| ServiceNow Inc |
0.10%
9,386
|
$7,383,658,000 | 1.59% |
| Merck & Co Inc |
102.32%
58,154
|
$7,199,453,000 | 1.55% |
| Honeywell International Inc |
1.01%
33,143
|
$7,077,362,000 | 1.52% |
| Palo Alto Networks Inc |
7.26%
20,434
|
$6,927,287,000 | 1.49% |
| Procter & Gamble Co. |
3.53%
41,314
|
$6,813,504,000 | 1.47% |
| Meta Platforms Inc |
34.52%
13,426
|
$6,769,661,000 | 1.46% |
| Taiwan Semiconductor Mfg Ltd |
9.88%
37,851
|
$6,578,879,000 | 1.42% |
| Adobe Inc |
8.19%
11,381
|
$6,322,588,000 | 1.36% |
| Unitedhealth Group Inc |
6.98%
11,867
|
$6,043,399,000 | 1.30% |
| Johnson & Johnson |
3.47%
40,746
|
$5,955,449,000 | 1.28% |
| Prologis Inc |
51.57%
51,825
|
$5,820,471,000 | 1.25% |
| Novartis A G |
6.63%
52,952
|
$5,637,293,000 | 1.21% |
| Linde Plc. |
9.42%
12,676
|
$5,562,354,000 | 1.20% |
| American Express Co. |
5.59%
23,771
|
$5,504,195,000 | 1.19% |
| NextEra Energy Inc |
5.36%
74,647
|
$5,285,762,000 | 1.14% |
| Charles Schwab Corp. |
8.45%
69,103
|
$5,092,210,000 | 1.10% |
| Veralto Corp |
336.56%
48,956
|
$4,673,834,000 | 1.01% |
| Bank of America Corporation |
3.22%
116,347
|
$4,627,132,000 | 1.00% |
| Waste Management, Inc. |
4.64%
19,923
|
$4,250,370,000 | 0.92% |
| Zoetis Inc |
272.45%
24,094
|
$4,176,933,000 | 0.90% |
| Bristol-Myers Squibb Co. |
Closed
74,986
|
$4,066,487,000 | |
| Danaher Corp. |
42.78%
16,250
|
$4,060,067,000 | 0.87% |
| Mcdonalds Corp |
5.49%
15,439
|
$3,934,486,000 | 0.85% |
| Valero Energy Corp. |
10.31%
25,081
|
$3,931,689,000 | 0.85% |
| Lowes Cos Inc |
6.39%
17,656
|
$3,892,444,000 | 0.84% |
| Blackrock Inc. |
6.88%
4,689
|
$3,691,773,000 | 0.80% |
| Ecolab, Inc. |
6.07%
15,389
|
$3,662,582,000 | 0.79% |
| Jp Morgan |
7.48%
64,368
|
$3,648,382,000 | 0.79% |
| Vanguard |
6.68%
159,333
|
$13,539,479,000 | 2.92% |
| Verisk Analytics Inc |
9.56%
13,009
|
$3,506,604,000 | 0.76% |
| Pioneer Natural Resources Co. |
Closed
13,237
|
$3,474,801,000 | |
| Xylem Inc |
32.60%
24,460
|
$3,317,510,000 | 0.71% |
| Arista Networks Inc |
15.50%
9,398
|
$3,293,798,000 | 0.71% |
| Schwab |
2.53%
42,133
|
$3,276,260,000 | 0.71% |
| Progressive Corp. |
4.23%
15,009
|
$3,117,530,000 | 0.67% |
| Berkshire Hathaway Inc. |
9.90%
7,649
|
$3,111,614,000 | 0.67% |
| Emerson Electric Co. |
12.88%
28,108
|
$3,096,375,000 | 0.67% |
| Cisco Systems, Inc. |
18.16%
63,908
|
$3,036,271,000 | 0.65% |
| O'reilly Automotive Inc |
6.63%
2,736
|
$2,889,319,000 | 0.62% |
| Becton Dickinson & Co. |
8.22%
11,934
|
$2,789,096,000 | 0.60% |
| Salesforce Inc |
6.94%
10,753
|
$2,764,620,000 | 0.60% |
| Home Depot, Inc. |
6.21%
8,001
|
$2,754,265,000 | 0.59% |
| Mondelez International Inc. |
6.65%
40,726
|
$2,665,105,000 | 0.57% |
| Spdr S&p 500 |
0.56%
4,771
|
$2,596,475,000 | 0.56% |
| Corning, Inc. |
14.76%
64,465
|
$2,504,476,000 | 0.54% |
| Intercontinental Exchange Inc |
Closed
17,155
|
$2,357,596,000 | |
| Rio Tinto plc |
Closed
34,943
|
$2,227,270,000 | |
| TJX Companies, Inc. |
277.81%
19,933
|
$2,194,632,000 | 0.47% |
| Chevron Corp. |
7.74%
13,847
|
$2,165,950,000 | 0.47% |
| Lululemon Athletica inc. |
12.19%
6,891
|
$2,058,381,000 | 0.44% |
| PayPal Holdings Inc |
Closed
27,816
|
$1,863,413,000 | |
| Analog Devices Inc. |
Opened
7,447
|
$1,699,857,000 | 0.37% |
| Automatic Data Processing Inc. |
29.04%
7,083
|
$1,690,645,000 | 0.36% |
| Accenture plc |
4.91%
5,047
|
$1,531,307,000 | 0.33% |
| Best Buy Co. Inc. |
Opened
13,652
|
$1,150,727,000 | 0.25% |
| Invesco Ltd |
32.47%
75,143
|
$1,963,394,000 | 0.42% |
| Pfizer Inc. |
26.60%
39,976
|
$1,118,528,000 | 0.24% |
| KLA Corp. |
Opened
1,166
|
$961,410,000 | 0.21% |
| Donaldson Co. Inc. |
0.79%
13,055
|
$934,216,000 | 0.20% |
| WEC Energy Group Inc |
Closed
11,238
|
$922,863,000 | |
| PNC Financial Services Group Inc |
16.82%
5,930
|
$922,003,000 | 0.20% |
| Disney Walt Co |
22.03%
9,150
|
$908,506,000 | 0.20% |
| Chart Industries Inc |
Closed
5,323
|
$876,792,000 | |
| American Tower Corp. |
40.49%
4,372
|
$849,837,000 | 0.18% |
| Weyerhaeuser Co. |
20.22%
29,618
|
$840,856,000 | 0.18% |
| Blackstone Inc |
2.23%
6,665
|
$825,127,000 | 0.18% |
| Atmos Energy Corp. |
6.07%
6,781
|
$791,017,000 | 0.17% |
| Medtronic Plc |
27.89%
9,968
|
$784,584,000 | 0.17% |
| Ventas Inc |
23.58%
14,643
|
$750,602,000 | 0.16% |
| Agilent Technologies Inc. |
Closed
5,095
|
$741,397,000 | |
| Fortis Inc. |
20.93%
16,396
|
$636,822,000 | 0.14% |
| Aptiv PLC |
Closed
7,810
|
$622,067,000 | |
| Duke Energy Corp. |
19.81%
5,664
|
$567,706,000 | 0.12% |
| Thermo Fisher Scientific Inc. |
2.69%
991
|
$548,023,000 | 0.12% |
| Abbott Laboratories |
8.32%
5,094
|
$529,318,000 | 0.11% |
| Regions Financial Corp. |
10.76%
25,398
|
$508,976,000 | 0.11% |
| Starbucks Corp. |
34.70%
6,463
|
$503,151,000 | 0.11% |
| Oracle Corp. |
0.40%
3,237
|
$457,065,000 | 0.10% |
| Cincinnati Financial Corp. |
23.58%
3,856
|
$455,402,000 | 0.10% |
| Verizon Communications Inc |
16.96%
10,585
|
$436,527,000 | 0.09% |
| Ishares |
Closed
8,823
|
$1,092,944,000 | |
| Abbvie Inc |
No change
2,454
|
$420,910,000 | 0.09% |
| Mastercard Incorporated |
15.11%
899
|
$396,602,000 | 0.09% |
| Spdr |
Closed
4,869
|
$573,424,000 | |
| Sap SE |
8.53%
1,822
|
$367,515,000 | 0.08% |
| Texas Instruments Inc. |
Closed
1,968
|
$342,842,000 | |
| Global X |
Opened
4,958
|
$324,254,000 | 0.07% |
| Applied Materials Inc. |
0.15%
1,358
|
$320,475,000 | 0.07% |
| Coca-Cola Co |
92.64%
4,899
|
$311,821,000 | 0.07% |
| Workday Inc |
Closed
1,131
|
$308,482,000 | |
| Digital Realty Trust, Inc. |
Closed
2,040
|
$293,840,000 | |
| M & T Bank Corp |
No change
1,865
|
$282,286,000 | 0.06% |
| Icon Plc |
31.52%
880
|
$275,854,000 | 0.06% |
| Whirlpool Corp. |
38.75%
2,587
|
$264,391,000 | 0.06% |
| Vanguard |
Closed
1,287
|
$262,731,000 | |
| First Solar Inc |
24.66%
1,161
|
$261,759,000 | 0.06% |
| Union Bankshares, Inc. |
Closed
8,480
|
$258,640,000 | |
| AT&T, Inc. |
Closed
14,481
|
$254,866,000 | |
| Aon plc. |
Closed
666
|
$222,256,000 | |
| Travelers Companies Inc. |
Closed
953
|
$219,323,000 | |
| Pepsico Inc |
Closed
1,217
|
$212,987,000 | |
| CVS Health Corp |
15.41%
3,580
|
$211,432,000 | 0.05% |
| Invesco Ltd |
Closed
4,876
|
$210,205,000 | |
| Conocophillips |
Closed
1,651
|
$210,140,000 | |
| No transactions found | |||
| Showing first 500 out of 118 holdings | |||
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