Sivik Global Healthcare 13F annual report

Sivik Global Healthcare is an investment fund managing more than $224 million ran by William Bruce. There are currently 37 companies in Mr. Bruce’s portfolio. The largest investments include Eli Lilly Co and Novo-nordisk A/s, together worth $26.4 million.

Limited to 30 biggest holdings

$224 million Assets Under Management (AUM)

As of 22nd July 2024, Sivik Global Healthcare’s top holding is 15,000 shares of Eli Lilly Co currently worth over $13.6 million and making up 6.1% of the portfolio value. In addition, the fund holds 90,000 shares of Novo-nordisk A/s worth $12.8 million. The third-largest holding is Mckesson worth $10.5 million and the next is Tenet Healthcare worth $9.31 million, with 70,000 shares owned.

Currently, Sivik Global Healthcare's portfolio is worth at least $224 million. 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 Sivik Global Healthcare

The Sivik Global Healthcare office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, William Bruce serves as the CCO at Sivik Global Healthcare.

Recent trades

In the most recent 13F filing, Sivik Global Healthcare revealed that it had opened a new position in Merck Co and bought 65,874 shares worth $8.16 million.

The investment fund also strengthened its position in Mckesson by buying 3,000 additional shares. This makes their stake in Mckesson total 18,000 shares worth $10.5 million. Mckesson dropped approximately 0.1% in the past year.

On the other hand, there are companies that Sivik Global Healthcare is getting rid of from its portfolio. Sivik Global Healthcare closed its position in Spdr Sp Biotech Etf on 29th July 2024. It sold the previously owned 135,588 shares for $12.1 million. William Bruce also disclosed a decreased stake in Tenet Healthcare by 0.5%. This leaves the value of the investment at $9.31 million and 70,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Sivik Global Healthcare are Stonebridge Capital Management Inc and Rockshelter Capital Management. They manage $224 million and $224 million respectively.

William Bruce investment strategy

Sivik Global Healthcare’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Health Care — making up 63.2% of the total portfolio value. The fund focuses on investments in the United States as 73.0% 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 49% 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 $43.2 billion.

The complete list of Sivik Global Healthcare trades based on 13F SEC filings

These positions were updated on July 29th 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
Eli Lilly Co	No change 15,000	$13,581,000	6.06%
Novo-nordisk A/s	No change 90,000	$12,847,000	5.74%
Spdr Sp Biotech Etf	Closed 135,588	$12,107,000
Mckesson Corporation	20.00% 18,000	$10,513,000	4.69%
Tenet Healthcare Corp.	51.72% 70,000	$9,312,000	4.16%
Boston Scientific Corp.	28.13% 115,000	$8,856,000	3.95%
Stryker Corp.	10.71% 25,000	$8,506,000	3.80%
Merck Co	Opened 65,874	$8,155,000	3.64%
HCA Healthcare Inc	37.50% 25,000	$8,032,000	3.59%
Intuitive Surg	22.22% 17,500	$7,785,000	3.48%
Thermo Fisher Scientific Inc.	16.67% 14,000	$7,742,000	3.46%
Danaher Corp.	20.00% 30,000	$7,496,000	3.35%
Univ Health Svc	40.74% 40,000	$7,397,000	3.30%
Vertex Pharmaceuticals, Inc.	20.00% 15,000	$7,031,000	3.14%
Biogen Inc	20.00% 30,000	$6,955,000	3.11%
Medtronic Plc	Closed 80,000	$6,590,000
Zimmer Biomet Holdings Inc	Closed 50,000	$6,085,000
Surgery Partners Inc	25.00% 250,000	$5,948,000	2.66%
Cardinal Health, Inc.	50.00% 60,000	$5,899,000	2.63%
Cencora Inc.	30.00% 26,000	$5,858,000	2.62%
Becton Dickinson Co	Opened 25,000	$5,843,000	2.61%
Abbott Laboratories	Closed 52,500	$5,779,000
Resmed Inc.	50.00% 30,000	$5,743,000	2.56%
Inspire Medical Systems Inc	Closed 27,500	$5,594,000
Edwards Lifesciences Corp	Opened 60,000	$5,542,000	2.47%
Acadia Healthcre	11.11% 80,003	$5,403,000	2.41%
Biomarin Pharmaceutical Inc.	Closed 55,000	$5,303,000
Avantor, Inc.	Opened 250,000	$5,300,000	2.37%
Unitedhealth Group Inc	Closed 10,000	$5,265,000
Cigna Group/the	Closed 17,500	$5,240,000
Select Medical Holdings Corporation	42.00% 145,000	$5,084,000	2.27%
Insulet Corporation	5.66% 25,000	$5,045,000	2.25%
Encompass Health Corp	38.89% 55,000	$4,718,000	2.11%
DaVita Inc	Closed 45,000	$4,714,000
Agilent Technologies Inc.	Opened 35,000	$4,537,000	2.03%
West Pharmaceutical Services, Inc.	Opened 13,000	$4,282,000	1.91%
Quest Diagnostics, Inc.	Closed 30,000	$4,136,000
Smith Nephew	21.05% 150,000	$3,717,000	1.66%
Laboratory Corp Of America Ho	Closed 15,000	$3,409,000
Dexcom Inc	40.00% 30,000	$3,401,000	1.52%
Baxter International Inc.	Opened 100,000	$3,345,000	1.49%
Teva Pharm Adr	Opened 200,000	$3,250,000	1.45%
Natera Inc	Opened 30,000	$3,249,000	1.45%
Maravai Lifesciences Hldgs-a	119.25% 450,000	$3,222,000	1.44%
Medpace Holdings Inc	Opened 7,500	$3,089,000	1.38%
Humana Inc.	50.00% 7,500	$2,802,000	1.25%
Bruker Corp	Opened 40,000	$2,552,000	1.14%
Qiagen NV	Closed 55,000	$2,389,000
Walgreens Boots Alliance Inc	Closed 90,000	$2,350,000
Stevanato Group Spa	Closed 80,000	$2,183,000
Repligen Corp.	Opened 15,000	$1,891,000	0.84%
No transactions found
Showing first 500 out of 51 holdings