Francis is an investment fund managing more than $329 billion ran by Avani Ramnani. There are currently 44 companies in Ramnani’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Bd Index Fds, together worth $122 billion.
As of 5th July 2024, Francis’s top holding is 200,092 shares of Vanguard Index Fds currently worth over $89.9 billion and making up 27.4% of the portfolio value.
In addition, the fund holds 432,728 shares of Vanguard Bd Index Fds worth $32.4 billion.
The third-largest holding is Meta Platforms Inc worth $31.1 billion and the next is Vanguard Whitehall Fds worth $17.1 billion, with 144,246 shares owned.
Currently, Francis's portfolio is worth at least $329 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.
The Francis office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Avani Ramnani serves as the Managing Director at Francis.
In the most recent 13F filing, Francis revealed that it had opened a new position in
Vanguard Admiral Fds Inc and bought 71,536 shares worth $7.09 billion.
The investment fund also strengthened its position in Vanguard Bd Index Fds by buying
68,301 additional shares.
This makes their stake in Vanguard Bd Index Fds total 432,728 shares worth $32.4 billion.
On the other hand, there are companies that Francis is getting rid of from its portfolio.
Francis closed its position in Vanguard Wellington Fd on 12th July 2024.
It sold the previously owned 4,599 shares for $466 million.
Avani Ramnani also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $89.9 billion and 200,092 shares.
The two most similar investment funds to Francis are Dorsey Wright & Associates and Periscope Capital. They manage $329 billion and $329 billion respectively.
Francis’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 11.9% of
the total portfolio value.
The fund focuses on investments in the United States as
34.1% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $583 billion.
These positions were updated on July 12th 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 |
|---|---|---|---|
| Vanguard Index Fds |
4.57%
200,092
|
$89,939,652,000 | 27.35% |
| Vanguard Bd Index Fds |
18.74%
432,728
|
$32,406,998,000 | 9.86% |
| Meta Platforms Inc |
3,269.10%
61,722
|
$31,121,398,000 | 9.46% |
| Vanguard Whitehall Fds |
4.08%
144,246
|
$17,107,547,000 | 5.20% |
| Dimensional Etf Trust |
24.83%
922,529
|
$30,028,005,000 | 9.13% |
| Ishares Tr |
5.97%
1,115,441
|
$62,566,866,000 | 19.03% |
| Vanguard Scottsdale Fds |
562.32%
172,866
|
$13,113,615,000 | 3.99% |
| Vanguard Admiral Fds Inc |
Opened
71,536
|
$7,089,993,000 | 2.16% |
| Nushares Etf Tr |
5.56%
77,791
|
$6,313,518,000 | 1.92% |
| Ishares Tr |
Opened
121,980
|
$7,975,178,000 | 2.43% |
| Apple Inc |
15.59%
17,254
|
$3,634,113,000 | 1.11% |
| Microsoft Corporation |
27.35%
5,382
|
$2,405,324,000 | 0.73% |
| Alphabet Inc |
15.97%
15,682
|
$2,861,914,000 | 0.87% |
| Vanguard Intl Equity Index F |
21.61%
47,242
|
$2,067,330,000 | 0.63% |
| Amazon.com Inc. |
10.11%
9,736
|
$1,881,564,000 | 0.57% |
| NVIDIA Corp |
1,666.77%
11,431
|
$1,412,187,000 | 0.43% |
| Invesco Exchange Traded Fd T |
No change
7,762
|
$1,275,098,000 | 0.39% |
| Spdr Sp 500 Etf Tr |
1.76%
2,237
|
$1,217,421,000 | 0.37% |
| First Tr Exch Traded Fd Iii |
38.09%
55,394
|
$1,095,140,000 | 0.33% |
| Berkshire Hathaway Inc. |
13.42%
2,316
|
$942,149,000 | 0.29% |
| Corning, Inc. |
0.83%
22,655
|
$880,147,000 | 0.27% |
| Dimensional Etf Trust |
Opened
60,852
|
$1,962,209,000 | 0.60% |
| Invesco Exch Traded Fd Tr Ii |
Opened
32,555
|
$770,903,000 | 0.23% |
| Schwab Strategic Tr |
Opened
43,221
|
$1,969,461,000 | 0.60% |
| Vanguard Tax-managed Fds |
4.58%
10,745
|
$531,018,000 | 0.16% |
| Jpmorgan Chase Co. |
2.39%
2,443
|
$494,103,000 | 0.15% |
| Eli Lilly Co |
41.07%
529
|
$479,258,000 | 0.15% |
| Vanguard Wellington Fd |
Closed
4,599
|
$466,385,000 | |
| International Business Machs |
3.56%
2,548
|
$440,677,000 | 0.13% |
| Vanguard World Fd |
13.01%
722
|
$416,298,000 | 0.13% |
| Pnc Finl Svcs Group Inc |
3.96%
2,426
|
$377,195,000 | 0.11% |
| Schlumberger Ltd. |
5.91%
7,622
|
$359,606,000 | 0.11% |
| Home Depot, Inc. |
18.73%
989
|
$340,448,000 | 0.10% |
| Spdr Dow Jones Indl Average |
No change
851
|
$332,852,000 | 0.10% |
| Goldman Sachs Group, Inc. |
20.21%
702
|
$317,529,000 | 0.10% |
| Broadcom Inc. |
Opened
196
|
$314,684,000 | 0.10% |
| Capital Group Dividend Value |
Opened
9,486
|
$313,038,000 | 0.10% |
| Capital Group Gbl Growth Eqt |
Opened
10,505
|
$309,268,000 | 0.09% |
| Unitedhealth Group Inc |
29.23%
588
|
$299,445,000 | 0.09% |
| Vanguard Specialized Funds |
No change
1,555
|
$283,900,000 | 0.09% |
| Mcdonalds Corp |
2.72%
1,097
|
$279,560,000 | 0.09% |
| Disney Walt Co |
0.52%
2,318
|
$230,155,000 | 0.07% |
| Procter And Gamble Co |
Opened
1,381
|
$227,755,000 | 0.07% |
| Visa Inc |
Opened
865
|
$227,037,000 | 0.07% |
| Tesla Inc |
Opened
1,091
|
$215,888,000 | 0.07% |
| Starbucks Corp. |
Closed
2,230
|
$214,077,000 | |
| Rent The Runway Inc |
Closed
14,326
|
$7,557,000 | |
| No transactions found | |||
| Showing first 500 out of 47 holdings | |||