Centerstone Investors 13F annual report
Centerstone Investors is an investment fund managing more than $120 billion ran by Philip Santopadre. There are currently 29 companies in Mr. Santopadre’s portfolio. The largest investments include TC and Spdr Gold Tr, together worth $23.7 billion.
$120 billion Assets Under Management (AUM)
As of 7th August 2024, Centerstone Investors’s top holding is 317,550 shares of TC currently worth over $12 billion and making up 10.0% of the portfolio value.
Relative to the number of outstanding shares of TC, Centerstone Investors owns more than approximately 0.1% of the company.
In addition, the fund holds 54,269 shares of Spdr Gold Tr worth $11.7 billion.
The third-largest holding is Ryanair Plc worth $11.1 billion and the next is Ishares Tr worth $7.44 billion, with 176,500 shares owned.
Currently, Centerstone Investors's portfolio is worth at least $120 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 Centerstone Investors
The Centerstone Investors office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Philip Santopadre serves as the Managing Partner at Centerstone Investors.
Recent trades
In the most recent 13F filing, Centerstone Investors revealed that it had opened a new position in
TC and bought 317,550 shares worth $12 billion.
This means they effectively own approximately 0.1% of the company.
TC makes up
71.6%
of the fund's Energy sector allocation and has grown its share price by 20.3% in the past year.
The investment fund also strengthened its position in Ryanair Plc by buying
200,218 additional shares.
This makes their stake in Ryanair Plc total 206,518 shares worth $11.1 billion.
Ryanair Plc soared 3.2% in the past year.
On the other hand, there are companies that Centerstone Investors is getting rid of from its portfolio.
Centerstone Investors closed its position in Ishares Tr on 14th August 2024.
It sold the previously owned 133,000 shares for $12.1 billion.
Philip Santopadre also disclosed a decreased stake in Spdr Gold Tr by approximately 0.1%.
This leaves the value of the investment at $11.7 billion and 54,269 shares.
One of the smallest hedge funds
The two most similar investment funds to Centerstone Investors are Nucleo Capital Ltda and Cross Staff Investments Inc. They manage $120 billion and $120 billion respectively.
Philip Santopadre investment strategy
Centerstone Investors’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Energy — making up 14.0% of
the total portfolio value.
The fund focuses on investments in the United States as
34.5% 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
34% 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 $107 billion.
The complete list of Centerstone Investors trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Ishares Tr |
Closed
133,000
|
$12,124,280,000 | |
| TC Energy Corporation |
Opened
317,550
|
$12,036,516,000 | 10.03% |
| Spdr Gold Tr |
4.84%
54,269
|
$11,668,377,000 | 9.72% |
| Ryanair Holdings Plc |
3,178.06%
206,518
|
$11,066,733,000 | 9.22% |
| Ishares Tr |
Opened
176,500
|
$7,443,005,000 | 6.20% |
| Franco Nev Corp |
133.42%
53,905
|
$6,389,878,000 | 5.32% |
| Oreilly Automotive Inc |
22.28%
5,236
|
$5,529,530,000 | 4.61% |
| Henry Schein Inc. |
9.26%
83,710
|
$5,365,812,000 | 4.47% |
| ICL Group Ltd. |
Opened
1,163,054
|
$5,024,538,000 | 4.19% |
| Ishares Inc |
Opened
32,969
|
$4,862,598,000 | 4.05% |
| Chevron Corp. |
Opened
30,577
|
$4,782,854,000 | 3.98% |
| Dollar Gen Corp New |
Opened
31,269
|
$4,134,700,000 | 3.44% |
| Walmart Inc |
205.86%
59,888
|
$4,055,016,000 | 3.38% |
| Compania Cervecerias Unidas |
Closed
257,786
|
$4,029,195,000 | |
| Corpay Inc |
Opened
12,454
|
$3,317,870,000 | 2.76% |
| Fleetcor Technologies Inc |
Closed
15,580
|
$3,285,043,000 | |
| Ross Stores, Inc. |
0.89%
21,145
|
$3,072,792,000 | 2.56% |
| Grainger W W Inc |
45.97%
3,375
|
$3,045,061,000 | 2.54% |
| Perrigo Co Plc |
77.43%
118,168
|
$3,034,554,000 | 2.53% |
| Southern Copper Corporation |
Opened
27,310
|
$2,942,379,000 | 2.45% |
| Carlisle Cos Inc |
22.61%
6,559
|
$2,657,772,000 | 2.21% |
| Disney Walt Co |
Opened
26,188
|
$2,600,207,000 | 2.17% |
| Emerson Elec Co |
30.88%
22,607
|
$2,490,386,000 | 2.07% |
| Mcdonalds Corp |
2.13%
9,594
|
$2,444,935,000 | 2.04% |
| DENTSPLY Sirona Inc |
Closed
58,086
|
$2,283,625,000 | |
| Brunswick Corp. |
1.19%
27,635
|
$2,010,999,000 | 1.68% |
| RB Global Inc |
Closed
34,296
|
$1,930,497,000 | |
| Sonoco Prods Co |
33.75%
37,695
|
$1,911,891,000 | 1.59% |
| 3M Co. |
Closed
17,433
|
$1,832,382,000 | |
| Carmax Inc |
6.61%
24,189
|
$1,774,021,000 | 1.48% |
| Envista Holdings Corp |
Opened
91,754
|
$1,525,869,000 | 1.27% |
| Meta Platforms Inc |
79.96%
2,861
|
$1,442,574,000 | 1.20% |
| Scotts Miracle-Gro Company |
29.29%
21,233
|
$1,381,419,000 | 1.15% |
| Baidu Inc |
Opened
15,903
|
$1,375,291,000 | 1.15% |
| Mohawk Inds Inc |
67.95%
5,592
|
$635,195,000 | 0.53% |
| No transactions found | |||
| Showing first 500 out of 35 holdings | |||
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