Lifesteps 13F annual report

Lifesteps is an investment fund managing more than $121 billion ran by Gladys Limones. There are currently 81 companies in Mrs. Limones’s portfolio. The largest investments include Invesco Qqq Trust Series I and Spdr S&p 500 Etf Trust, together worth $35.1 billion.

$121 billion Assets Under Management (AUM)

As of 10th July 2024, Lifesteps’s top holding is 38,606 shares of Invesco Qqq Trust Series I currently worth over $18.5 billion and making up 15.3% of the portfolio value. In addition, the fund holds 30,543 shares of Spdr S&p 500 Etf Trust worth $16.6 billion. The third-largest holding is Apple Inc worth $6.94 billion and the next is Nvidia Corporation Com worth $6.26 billion, with 50,703 shares owned.

Currently, Lifesteps's portfolio is worth at least $121 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 Lifesteps

The Lifesteps office and employees reside in Claremont, California. According to the last 13-F report filed with the SEC, Gladys Limones serves as the SR ADMIN at Lifesteps.

Recent trades

In the most recent 13F filing, Lifesteps revealed that it had opened a new position in Coca Cola Co Com and bought 13,444 shares worth $856 million.

The investment fund also strengthened its position in Nvidia Corporation Com by buying 46,206 additional shares. This makes their stake in Nvidia Corporation Com total 50,703 shares worth $6.26 billion.

On the other hand, there are companies that Lifesteps is getting rid of from its portfolio. Lifesteps closed its position in Cvb Finl Corp Com on 17th July 2024. It sold the previously owned 70,056 shares for $1.16 billion. Gladys Limones also disclosed a decreased stake in Invesco Qqq Trust Series I by approximately 0.1%. This leaves the value of the investment at $18.5 billion and 38,606 shares.

One of the smallest hedge funds

The two most similar investment funds to Lifesteps are J.h. Whitney Equity Partners Vii and Clifford. They manage $121 billion and $121 billion respectively.


Gladys Limones investment strategy

Lifesteps’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 9.1% of the total portfolio value. The fund focuses on investments in the United States as 22.2% 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 21% of the total holdings value. On the other hand, small-cap stocks make up only 1.2% of the portfolio. The average market cap of the portfolio companies is close to $346 billion.

The complete list of Lifesteps trades based on 13F SEC filings

These positions were updated on July 17th 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
Invesco Qqq Trust Series I
3.62%
38,606
$18,496,299,000 15.27%
Spdr S&p 500 Etf Trust
5.78%
30,543
$16,621,843,000 13.72%
Apple Inc
7.85%
32,967
$6,943,592,000 5.73%
Nvidia Corporation Com
1,027.48%
50,703
$6,263,856,000 5.17%
Microsoft Corp Com
0.34%
13,618
$6,086,563,000 5.02%
Ishares Core S&p Mid-cap Etf
323.97%
67,636
$3,958,081,000 3.27%
Vanguard High Dividend Yield Index Etf
9.68%
30,867
$3,660,857,000 3.02%
Spdr S&p Dividend Etf
16.49%
28,599
$3,637,224,000 3.00%
Technology Select Sector Spdr Fund
2.40%
15,424
$3,489,357,000 2.88%
Ishares Russell 2000 Etf
15.06%
12,772
$2,591,251,000 2.14%
Vanguard Value Etf
1.87%
15,416
$2,472,886,000 2.04%
Us Bancorp Del Com New
No change
50,817
$2,017,435,000 1.67%
Jpmorgan Chase & Co. Com
3.48%
9,803
$1,982,751,000 1.64%
Vanguard Growth Etf
2.10%
5,163
$1,931,142,000 1.59%
Amazon.com Inc.
1.63%
9,729
$1,880,129,000 1.55%
Schwab U.s. Mid-cap Etf
3.70%
23,851
$1,856,286,000 1.53%
Ishares S&p Small-cap 600 Value Etf
15.86%
18,837
$1,832,323,000 1.51%
Home Depot, Inc.
3.05%
4,800
$1,652,442,000 1.36%
Schwab Us Dividend Equity Etf
19.93%
20,846
$1,620,977,000 1.34%
Exxon Mobil Corp Com
0.78%
12,589
$1,449,275,000 1.20%
Berkshire Hathaway Inc Del Cl B New
2.88%
3,340
$1,358,712,000 1.12%
Abbvie Inc
1.15%
7,324
$1,256,281,000 1.04%
Costco Whsl Corp New Com
20.25%
1,443
$1,226,145,000 1.01%
Vanguard Mega Cap Growth Etf
8.29%
3,848
$1,209,002,000 1.00%
Cvb Finl Corp Com
Closed
70,056
$1,160,828,000
Ishares S&p 500 Growth Etf
No change
11,767
$1,088,918,000 0.90%
Novo-nordisk A S Adr
0.34%
7,411
$1,057,846,000 0.87%
Automatic Data Processing Inc.
No change
4,279
$1,021,412,000 0.84%
Coca Cola Co Com
Opened
13,444
$855,711,000 0.71%
Wells Fargo Co New Com
0.78%
14,405
$855,538,000 0.71%
Chevron Corp New Com
73.50%
5,127
$801,906,000 0.66%
Johnson & Johnson Com
5.39%
5,193
$759,077,000 0.63%
Procter And Gamble Co Com
9.35%
4,284
$706,517,000 0.58%
Schwab U.s. Large-cap Growth Etf
12.05%
6,776
$683,327,000 0.56%
NextEra Energy Inc
1.40%
9,502
$672,837,000 0.56%
Emerson Elec Co Com
2.18%
6,065
$668,120,000 0.55%
Qualcomm, Inc.
No change
3,288
$654,904,000 0.54%
Illinois Tool Wks Inc Com
0.18%
2,721
$644,877,000 0.53%
Alphabet Inc Cap Stk Cl C
0.40%
3,456
$633,900,000 0.52%
Pepsico Inc Com
4.30%
3,781
$623,642,000 0.51%
Fidelity Msci Health Care Index Etf
14.62%
8,785
$602,651,000 0.50%
Caterpillar Inc.
1.14%
1,779
$592,585,000 0.49%
Walmart Inc
Opened
8,128
$550,370,000 0.45%
Ishares Core S&p Small Cap Etf
12.90%
5,096
$543,539,000 0.45%
Ishares Msci Usa Min Vol Factor Etf
0.58%
6,119
$513,751,000 0.42%
Tesla Inc
7.78%
2,502
$495,096,000 0.41%
Mastercard Incorporated
15.23%
1,119
$493,658,000 0.41%
Asml Holding N V N Y Registry Shs
0.64%
475
$485,797,000 0.40%
Vanguard S&p 500 Etf
1.79%
969
$484,626,000 0.40%
Disney Walt Co Com
9.47%
4,773
$473,918,000 0.39%
Meta Platforms Inc
15.09%
900
$453,798,000 0.37%
Alphabet Inc Cap Stk Cl A
50.00%
2,400
$437,160,000 0.36%
Ishares Msci Usa Momentum Factor Etf
1.03%
2,161
$421,114,000 0.35%
AMGEN Inc.
No change
1,278
$399,311,000 0.33%
Schwab U.s. Large-cap Value Etf
9.11%
4,967
$367,924,000 0.30%
Mcdonalds Corp Com
Opened
1,415
$360,510,000 0.30%
Kimberly-clark Corp Com
No change
2,525
$348,955,000 0.29%
Ishares Core S&p 500 Etf
No change
627
$343,113,000 0.28%
Broadcom Inc.
Opened
197
$316,289,000 0.26%
Financial Select Sector Spdr Fund
10.26%
7,623
$313,382,000 0.26%
Verizon Communications Inc
5.40%
7,447
$307,100,000 0.25%
Pfizer Inc.
Closed
9,125
$302,686,000
Intuit Com
No change
454
$298,373,000 0.25%
Vanguard Health Care Etf
16.13%
1,087
$289,116,000 0.24%
Ge Aerospace Com New
Opened
1,806
$287,100,000 0.24%
Cisco Sys Inc Com
0.56%
6,027
$286,343,000 0.24%
Schwab U.s. Broad Market Etf
1.29%
4,318
$271,446,000 0.22%
Eli Lilly & Co Com
Opened
299
$270,709,000 0.22%
Unitedhealth Group Inc
No change
526
$267,871,000 0.22%
Schwab U.s. Small-cap Etf
3.00%
5,602
$265,834,000 0.22%
Applied Matls Inc Com
Opened
1,120
$264,309,000 0.22%
Tractor Supply Co Com
Opened
960
$259,147,000 0.21%
Sempra Com
Closed
3,732
$253,888,000
Visa Inc
14.23%
964
$253,021,000 0.21%
Edison Intl Com
0.24%
3,302
$237,087,000 0.20%
Crowdstrike Holdings Inc
Opened
581
$222,633,000 0.18%
Lam Research Corp Com
Opened
209
$222,554,000 0.18%
International Business Machs Com
Opened
1,281
$221,545,000 0.18%
Flexshares Quality Dividend Index Fund
24.58%
3,305
$219,816,000 0.18%
Schwab U.s. Large-cap Etf
Opened
3,396
$218,193,000 0.18%
Genelux Corporation Com
102.75%
66,536
$129,745,000 0.11%
Pacwest Bancorp Del Com
Closed
13,500
$106,785,000
Nuveen Pfd & Income Opportunit Com
No change
11,520
$86,054,000 0.07%
Oxford Square Cap Corp Com
Opened
10,000
$29,400,000 0.02%
Lexicon Pharmaceuticals Inc Com New
No change
10,000
$16,800,000 0.01%
No transactions found
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