Waycross Partners 13F annual report
Waycross Partners is an investment fund managing more than $650 billion ran by Christopher Herb. There are currently 70 companies in Mr. Herb’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $95.2 billion.
$650 billion Assets Under Management (AUM)
As of 2nd August 2024, Waycross Partners’s top holding is 107,037 shares of Microsoft currently worth over $47.8 billion and making up 7.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Waycross Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 383,725 shares of NVIDIA Corp worth $47.4 billion, whose value fell 85.4% in the past six months.
The third-largest holding is Apple Inc worth $39.6 billion and the next is Alphabet Inc worth $34 billion, with 186,756 shares owned.
Currently, Waycross Partners's portfolio is worth at least $650 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 Waycross Partners
The Waycross Partners office and employees reside in Louisville, Kentucky. According to the last 13-F report filed with the SEC, Christopher Herb serves as the Chief Compliance Officer at Waycross Partners.
Recent trades
In the most recent 13F filing, Waycross Partners revealed that it had opened a new position in
Honeywell International Inc and bought 70,106 shares worth $15 billion.
This means they effectively own approximately 0.1% of the company.
Honeywell International Inc makes up
50.7%
of the fund's Industrials sector allocation and has grown its share price by 4.6% in the past year.
The investment fund also strengthened its position in Microsoft by buying
9,934 additional shares.
This makes their stake in Microsoft total 107,037 shares worth $47.8 billion.
Microsoft soared 23.6% in the past year.
On the other hand, there are companies that Waycross Partners is getting rid of from its portfolio.
Waycross Partners closed its position in Ulta Beauty Inc on 9th August 2024.
It sold the previously owned 24,997 shares for $13.1 billion.
Christopher Herb also disclosed a decreased stake in Eli Lilly Co by 0.2%.
This leaves the value of the investment at $4.53 billion and 5,000 shares.
One of the average hedge funds
The two most similar investment funds to Waycross Partners are Fort Point Capital Partners and 9258 Wealth Management. They manage $650 billion and $650 billion respectively.
Christopher Herb investment strategy
Waycross Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 30.9% of
the total portfolio value.
The fund focuses on investments in the United States as
70.0% 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
69% 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 $238 billion.
The complete list of Waycross Partners trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| Microsoft Corporation |
10.23%
107,037
|
$47,840,187,000 | 7.37% |
| NVIDIA Corp |
884.52%
383,725
|
$47,405,387,000 | 7.30% |
| Apple Inc |
10.87%
188,246
|
$39,648,373,000 | 6.10% |
| Alphabet Inc |
10.86%
186,756
|
$34,017,605,000 | 5.24% |
| Meta Platforms Inc |
8.49%
64,066
|
$32,303,359,000 | 4.97% |
| Amazon.com Inc. |
13.69%
153,648
|
$29,692,476,000 | 4.57% |
| Intuitive Surgical Inc |
11.21%
52,710
|
$23,448,044,000 | 3.61% |
| Abbvie Inc |
10.40%
128,267
|
$22,000,356,000 | 3.39% |
| Goldman Sachs Group, Inc. |
10.65%
44,993
|
$20,351,234,000 | 3.13% |
| Analog Devices Inc. |
11.80%
86,570
|
$19,760,468,000 | 3.04% |
| Target Corp |
10.81%
122,435
|
$18,125,277,000 | 2.79% |
| Mastercard Incorporated |
12.20%
39,019
|
$17,213,622,000 | 2.65% |
| Wells Fargo Co New |
12.36%
282,039
|
$16,750,296,000 | 2.58% |
| Emerson Elec Co |
13.16%
151,083
|
$16,643,303,000 | 2.56% |
| Edwards Lifesciences Corp |
24.02%
166,766
|
$15,404,175,000 | 2.37% |
| Sysco Corp. |
12.27%
211,643
|
$15,109,194,000 | 2.33% |
| Honeywell International Inc |
Opened
70,106
|
$14,970,435,000 | 2.30% |
| Thermo Fisher Scientific Inc. |
12.56%
25,014
|
$13,832,742,000 | 2.13% |
| Starbucks Corp. |
11.53%
176,614
|
$13,749,400,000 | 2.12% |
| Marvell Technology Inc |
13.13%
190,868
|
$13,341,673,000 | 2.05% |
| Ulta Beauty Inc |
Closed
24,997
|
$13,070,431,000 | |
| Lowes Cos Inc |
Opened
58,742
|
$12,950,261,000 | 1.99% |
| Visa Inc |
10.43%
48,208
|
$12,653,154,000 | 1.95% |
| Chubb Limited |
Closed
48,824
|
$12,651,763,000 | |
| Dollar Tree Inc |
Opened
116,544
|
$12,443,403,000 | 1.92% |
| CVS Health Corp |
11.34%
207,539
|
$12,257,253,000 | 1.89% |
| Unitedhealth Group Inc |
492.18%
23,687
|
$12,062,842,000 | 1.86% |
| Norfolk Southn Corp |
36.02%
55,904
|
$12,002,030,000 | 1.85% |
| Citigroup Inc |
11.95%
177,931
|
$11,291,501,000 | 1.74% |
| Eog Res Inc |
13.11%
84,965
|
$10,694,545,000 | 1.65% |
| CSX Corp. |
2.86%
309,952
|
$10,367,894,000 | 1.60% |
| Humana Inc. |
Closed
25,429
|
$8,816,743,000 | |
| PayPal Holdings Inc |
10.08%
96,310
|
$5,588,869,000 | 0.86% |
| Eli Lilly Co |
16.67%
5,000
|
$4,526,900,000 | 0.70% |
| Ishares Tr |
No change
37,110
|
$3,602,268,000 | 0.55% |
| Disney Walt Co |
No change
35,000
|
$3,475,150,000 | 0.54% |
| Tjx Cos Inc New |
81.82%
30,000
|
$3,303,000,000 | 0.51% |
| Advanced Micro Devices Inc. |
No change
20,000
|
$3,244,200,000 | 0.50% |
| Chipotle Mexican Grill |
4,900.00%
50,000
|
$3,132,500,000 | 0.48% |
| Merck Co Inc |
25.64%
24,500
|
$3,033,100,000 | 0.47% |
| Costco Whsl Corp New |
No change
3,000
|
$2,549,970,000 | 0.39% |
| Stryker Corp. |
Opened
7,000
|
$2,381,750,000 | 0.37% |
| Boeing Co. |
No change
12,646
|
$2,301,698,000 | 0.35% |
| Western Digital Corp. |
No change
30,000
|
$2,273,100,000 | 0.35% |
| Dexcom Inc |
No change
20,000
|
$2,267,600,000 | 0.35% |
| Cencora Inc. |
No change
10,000
|
$2,253,000,000 | 0.35% |
| Oreilly Automotive Inc |
No change
2,000
|
$2,112,120,000 | 0.33% |
| Adobe Inc |
Closed
4,000
|
$2,018,400,000 | |
| Bank America Corp |
66.67%
50,000
|
$1,988,500,000 | 0.31% |
| Align Technology, Inc. |
No change
8,000
|
$1,931,440,000 | 0.30% |
| Henry Schein Inc. |
Opened
30,000
|
$1,923,000,000 | 0.30% |
| Schwab Charles Corp |
No change
25,000
|
$1,842,250,000 | 0.28% |
| Las Vegas Sands Corp |
No change
40,000
|
$1,770,000,000 | 0.27% |
| Schlumberger Ltd. |
No change
35,000
|
$1,651,300,000 | 0.25% |
| Dollar Gen Corp New |
No change
12,000
|
$1,586,760,000 | 0.24% |
| MercadoLibre Inc |
Closed
1,000
|
$1,511,960,000 | |
| Carmax Inc |
No change
20,000
|
$1,466,800,000 | 0.23% |
| Mettler-Toledo International, Inc. |
Opened
1,000
|
$1,397,590,000 | 0.22% |
| DoorDash Inc |
No change
10,000
|
$1,087,800,000 | 0.17% |
| Caterpillar Inc. |
No change
2,700
|
$899,370,000 | 0.14% |
| Danaher Corp. |
No change
3,250
|
$812,013,000 | 0.13% |
| Pepsico Inc |
No change
4,433
|
$731,135,000 | 0.11% |
| Procter And Gamble Co |
No change
4,309
|
$710,640,000 | 0.11% |
| AMGEN Inc. |
No change
2,250
|
$703,013,000 | 0.11% |
| Lockheed Martin Corp. |
No change
1,450
|
$677,295,000 | 0.10% |
| Mcdonalds Corp |
No change
2,578
|
$656,978,000 | 0.10% |
| Colgate-Palmolive Co. |
No change
6,000
|
$582,240,000 | 0.09% |
| Deere Co |
No change
1,379
|
$515,236,000 | 0.08% |
| Nike, Inc. |
No change
6,200
|
$467,294,000 | 0.07% |
| Abbott Labs |
No change
4,289
|
$445,670,000 | 0.07% |
| RTX Corp |
No change
3,151
|
$316,329,000 | 0.05% |
| Walmart Inc |
Opened
4,000
|
$270,840,000 | 0.04% |
| Johnson Johnson |
No change
1,700
|
$248,472,000 | 0.04% |
| Bristol-Myers Squibb Co. |
Closed
4,557
|
$247,126,000 | |
| Broadcom Inc |
Opened
150
|
$240,830,000 | 0.04% |
| Exxon Mobil Corp. |
No change
2,090
|
$240,601,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 76 holdings | |||
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