Swarthmore Group Inc 13F annual report

Swarthmore Group Inc is an investment fund managing more than $249 million ran by Denise Caruso. There are currently 46 companies in Mrs. Caruso’s portfolio. The largest investments include Ishares Core S&p 500 Etf and Spdr S&p 500 Etf Tr, together worth $231 million.

Limited to 30 biggest holdings

$249 million Assets Under Management (AUM)

As of 13th July 2022, Swarthmore Group Inc’s top holding is 373,601 shares of Ishares Core S&p 500 Etf currently worth over $142 million and making up 57.0% of the portfolio value. In addition, the fund holds 236,832 shares of Spdr S&p 500 Etf Tr worth $89.3 million. The third-largest holding is Apple Inc worth $1.48 million and the next is Microsoft worth $1.23 million, with 4,784 shares owned.

Currently, Swarthmore Group Inc's portfolio is worth at least $249 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 Swarthmore Group Inc

The Swarthmore Group Inc office and employees reside in Philadelphia, Pennsylvania. According to the last 13-F report filed with the SEC, Denise Caruso serves as the CHIEF COMPLIANCE OFFIER at Swarthmore Group Inc.

Recent trades

In the most recent 13F filing, Swarthmore Group Inc revealed that it had opened a new position in Spdr S&p 500 Etf Tr and bought 236,832 shares worth $89.3 million.

The investment fund also strengthened its position in Ishares Core S&p 500 Etf by buying 179,629 additional shares. This makes their stake in Ishares Core S&p 500 Etf total 373,601 shares worth $142 million.

On the other hand, there are companies that Swarthmore Group Inc is getting rid of from its portfolio. Swarthmore Group Inc closed its position in Mid-america Apartment Communit on 20th July 2022. It sold the previously owned 19,577 shares for $4.1 million. Denise Caruso also disclosed a decreased stake in Apple Inc by 0.9%. This leaves the value of the investment at $1.48 million and 10,787 shares.

One of the smallest hedge funds

The two most similar investment funds to Swarthmore Group Inc are Quaero Capital S.A. and Nwk. They manage $249 million and $249 million respectively.


Denise Caruso investment strategy

Swarthmore Group Inc’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 1.8% of the total portfolio value. The fund focuses on investments in the United States as 76.1% 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 72% of the total holdings value. On the other hand, small-cap stocks make up only 4.3% of the portfolio. The average market cap of the portfolio companies is close to $241 billion.

The complete list of Swarthmore Group Inc trades based on 13F SEC filings

These positions were updated on July 20th 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 Core S&p 500 Etf
92.61%
373,601
$141,651,000 56.96%
Spdr S&p 500 Etf Tr
Opened
236,832
$89,345,000 35.93%
Mid-america Apartment Communit
Closed
19,577
$4,100,000
Mosaic Company
Closed
58,927
$3,919,000
Celanese Corp
Closed
26,477
$3,783,000
Republic Services, Inc.
Closed
28,249
$3,743,000
Lam Research Corp.
Closed
6,510
$3,500,000
Iron Mountain Inc.
Closed
59,661
$3,306,000
Marsh & McLennan Cos., Inc.
Closed
19,277
$3,285,000
NortonLifeLock Inc
Closed
111,137
$2,947,000
General Motors Company
Closed
64,941
$2,841,000
D.R. Horton Inc.
Closed
36,733
$2,737,000
Truist Financial Corporation
Closed
47,761
$2,708,000
Apple Inc
86.64%
10,787
$1,475,000 0.59%
Microsoft Corporation
89.94%
4,784
$1,229,000 0.49%
Alphabet Inc Cap Stock Cl A
89.55%
535
$1,166,000 0.47%
Hershey Company
0.39%
4,353
$937,000 0.38%
Wells Fargo & Co.
Closed
17,841
$865,000
Abbvie Inc
92.63%
4,076
$624,000 0.25%
Broadcom Inc
90.24%
1,043
$507,000 0.20%
Pfizer Inc.
92.51%
9,181
$481,000 0.19%
Thermo Fisher Scientific Inc.
94.25%
875
$475,000 0.19%
Verizon Communications Inc
93.63%
8,850
$449,000 0.18%
Qualcomm, Inc.
94.12%
3,470
$443,000 0.18%
Procter & Gamble Co.
92.55%
2,764
$397,000 0.16%
Amazon.com Inc.
4,983.33%
3,660
$389,000 0.16%
Chevron Corp.
92.09%
2,636
$382,000 0.15%
United Parcel Service, Inc.
94.11%
1,944
$355,000 0.14%
Morgan Stanley
93.87%
4,593
$349,000 0.14%
Visa Inc
94.03%
1,756
$346,000 0.14%
Tyson Foods, Inc.
93.36%
3,873
$333,000 0.13%
Lowe's Companies Inc
95.39%
1,874
$327,000 0.13%
Caterpillar Inc.
93.39%
1,784
$319,000 0.13%
Pioneer Natural Resources Co.
93.82%
1,409
$314,000 0.13%
Elevance Health Inc Com
95.57%
644
$311,000 0.13%
L3Harris Technologies Inc
92.59%
1,268
$306,000 0.12%
JPMorgan Chase & Co.
94.14%
2,696
$304,000 0.12%
KLA Corp.
93.64%
934
$298,000 0.12%
Cboe Global Mkts Inc
94.85%
2,622
$297,000 0.12%
Mcdonald's Corp
No change
1,176
$290,000 0.12%
Oreilly Automotive Inc
95.72%
457
$289,000 0.12%
Cisco Systems, Inc.
94.10%
6,760
$288,000 0.12%
Abbott Laboratories
94.14%
2,581
$280,000 0.11%
NVIDIA Corp
65.98%
1,849
$280,000 0.11%
Regions Financial Corp.
93.43%
14,902
$279,000 0.11%
Meta Platforms Inc
Closed
1,222
$272,000
Oracle Corp.
94.23%
3,843
$269,000 0.11%
SS&C Technologies Holdings Inc
94.55%
4,472
$260,000 0.10%
Robert Half International Inc.
92.88%
3,439
$258,000 0.10%
CVS Health Corp
92.87%
2,788
$258,000 0.10%
Nike, Inc.
94.07%
2,522
$258,000 0.10%
Union Pacific Corp.
94.69%
1,196
$255,000 0.10%
Netapp Inc
93.85%
3,762
$245,000 0.10%
NextEra Energy Inc
93.28%
3,002
$233,000 0.09%
Intuit Inc
92.82%
601
$232,000 0.09%
Extra Space Storage Inc.
94.03%
1,361
$232,000 0.09%
Kroger Co.
94.14%
4,874
$231,000 0.09%
Zions Bancorporation Na
93.97%
4,269
$217,000 0.09%
Interpublic Group Cos Inc
94.00%
7,578
$209,000 0.08%
No transactions found
Showing first 500 out of 59 holdings