Summer Road 13F annual report
Summer Road is an investment fund managing more than $19.2 million ran by Richard Silberberg. There are currently 27 companies in Mr. Silberberg’s portfolio. The largest investments include Ocular Therapeutix Inc and VanEck ETF Trust, together worth $102 billion.
$19.2 million Assets Under Management (AUM)
As of 7th August 2024, Summer Road’s top holding is 14,885,633 shares of Ocular Therapeutix Inc currently worth over $102 billion and making up 98.5% of the portfolio value.
Relative to the number of outstanding shares of Ocular Therapeutix Inc, Summer Road owns less than approximately 0.1% of the company.
In addition, the fund holds 8,076 shares of VanEck ETF Trust worth $316 million, whose value grew 6.9% in the past six months.
The third-largest holding is Green Brick Partners worth $203 million and the next is Alphabet Inc worth $151 million, with 830 shares owned.
Currently, Summer Road's portfolio is worth at least $19.2 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 Summer Road
The Summer Road office and employees reside in West Palm Beach, Florida. According to the last 13-F report filed with the SEC, Richard Silberberg serves as the Chief Operating Officer at Summer Road.
Recent trades
In the most recent 13F filing, Summer Road revealed that it had opened a new position in
VanEck ETF Trust and bought 8,076 shares worth $316 million.
This means they effectively own approximately 0.1% of the company.
VanEck ETF Trust makes up
100.0%
of the fund's Miscellaneous sector allocation and has grown its share price by 28.7% in the past year.
The investment fund also strengthened its position in Ocular Therapeutix Inc by buying
8,763,544 additional shares.
This makes their stake in Ocular Therapeutix Inc total 14,885,633 shares worth $102 billion.
Ocular Therapeutix Inc soared 79.4% in the past year.
One of the smallest hedge funds
The two most similar investment funds to Summer Road are Authentikos Wealth Advisory and Spectrum Planning & Advisory Services. They manage $103 billion and $103 billion respectively.
Richard Silberberg investment strategy
Summer Road’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 98.5% of
the total portfolio value.
The fund focuses on investments in the United States as
37.0% 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
22% of the total holdings value.
On the other hand, small-cap stocks make up only 3.7% of the portfolio.
The average market cap of the portfolio companies is close to $108 billion.
The complete list of Summer Road 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 |
|---|---|---|---|
| Ocular Therapeutix Inc |
143.15%
14,885,633
|
$101,817,730,000 | 98.54% |
| VanEck ETF Trust |
Opened
8,076
|
$315,574,000 | 0.31% |
| Green Brick Partners, Inc. |
Opened
3,550
|
$203,202,000 | 0.20% |
| Alphabet Inc |
Opened
830
|
$151,205,000 | 0.15% |
| Ingles Mkts Inc |
Opened
1,770
|
$121,440,000 | 0.12% |
| Freshpet Inc |
Opened
934
|
$120,851,000 | 0.12% |
| CareTrust REIT Inc |
Opened
3,750
|
$94,125,000 | 0.09% |
| Harley-Davidson, Inc. |
Opened
2,088
|
$70,032,000 | 0.07% |
| Vulcan Matls Co |
Opened
240
|
$59,684,000 | 0.06% |
| Equinix Inc |
Opened
78
|
$59,015,000 | 0.06% |
| Adobe Inc |
Opened
76
|
$42,222,000 | 0.04% |
| Ferguson Plc New |
Opened
200
|
$38,730,000 | 0.04% |
| Alps Etf Tr |
Opened
692
|
$33,183,000 | 0.03% |
| Amazon.com Inc. |
Opened
170
|
$32,853,000 | 0.03% |
| Spdr Gold Tr |
Opened
135
|
$29,027,000 | 0.03% |
| Altria Group Inc. |
Opened
550
|
$25,053,000 | 0.02% |
| SilverCrest Metals Inc |
Opened
2,917
|
$23,774,000 | 0.02% |
| Clarivate Plc |
Opened
3,500
|
$19,915,000 | 0.02% |
| Equity Comwlth |
Opened
1,000
|
$19,400,000 | 0.02% |
| Disney Walt Co |
Opened
124
|
$12,312,000 | 0.01% |
| Ishares Tr |
Opened
101
|
$10,512,000 | 0.01% |
| Global X Fds |
Opened
241
|
$6,975,000 | 0.01% |
| B2gold Corp |
Opened
2,000
|
$5,400,000 | 0.01% |
| Select Sector Spdr Tr |
Opened
50
|
$4,558,000 | 0.00% |
| Iamgold Corp. |
Opened
1,200
|
$4,500,000 | 0.00% |
| Fortuna Mng Corp |
Opened
870
|
$4,255,000 | 0.00% |
| Ssr Mining In |
Opened
250
|
$1,128,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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