Summa 13F annual report
Summa is an investment fund managing more than $206 billion ran by Rodrigo Garza. There are currently 51 companies in Mr. Garza’s portfolio. The largest investments include NVIDIA Corp and Advanced Micro Devices, together worth $120 billion.
$206 billion Assets Under Management (AUM)
As of 23rd July 2024, Summa’s top holding is 815,420 shares of NVIDIA Corp currently worth over $101 billion and making up 48.9% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Summa owns more than approximately 0.1% of the company.
In addition, the fund holds 116,300 shares of Advanced Micro Devices worth $18.9 billion, whose value fell 9.4% in the past six months.
The third-largest holding is Microsoft worth $14.9 billion and the next is Qualcomm worth $9.98 billion, with 50,122 shares owned.
Currently, Summa's portfolio is worth at least $206 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 Summa
The Summa office and employees reside in Tomball, Texas. According to the last 13-F report filed with the SEC, Rodrigo Garza serves as the Director at Summa.
Recent trades
In the most recent 13F filing, Summa revealed that it had opened a new position in
Vanguard Whitehall Fds and bought 8,500 shares worth $535 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
732,878 additional shares.
This makes their stake in NVIDIA Corp total 815,420 shares worth $101 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Summa is getting rid of from its portfolio.
Summa closed its position in Ishares Tr on 30th July 2024.
It sold the previously owned 6,000 shares for $538 million.
Rodrigo Garza also disclosed a decreased stake in Valero by 0.2%.
This leaves the value of the investment at $8.06 billion and 51,400 shares.
One of the smallest hedge funds
The two most similar investment funds to Summa are S Squared Technology and Total Clarity Wealth Management. They manage $206 billion and $206 billion respectively.
Rodrigo Garza investment strategy
Summa’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 74.6% of
the total portfolio value.
The fund focuses on investments in the United States as
62.7% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 3.9% of the portfolio.
The average market cap of the portfolio companies is close to $321 billion.
The complete list of Summa trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| NVIDIA Corp |
887.88%
815,420
|
$100,736,987,000 | 48.90% |
| Advanced Micro Devices Inc. |
4.74%
116,300
|
$18,865,023,000 | 9.16% |
| Microsoft Corporation |
3.22%
33,434
|
$14,943,326,000 | 7.25% |
| Qualcomm, Inc. |
35.02%
50,122
|
$9,983,300,000 | 4.85% |
| Valero Energy Corp. |
16.29%
51,400
|
$8,057,464,000 | 3.91% |
| Marathon Oil Corporation |
40.48%
200,000
|
$5,734,000,000 | 2.78% |
| APA Corporation |
9.95%
190,000
|
$5,593,600,000 | 2.72% |
| Alibaba Group Hldg Ltd |
6.14%
46,013
|
$3,313,494,000 | 1.61% |
| Marvell Technology Inc |
5.45%
43,400
|
$3,033,660,000 | 1.47% |
| Devon Energy Corp. |
7.27%
59,000
|
$2,796,600,000 | 1.36% |
| Uber Technologies Inc |
No change
32,875
|
$2,389,355,000 | 1.16% |
| Apple Inc |
1.93%
10,066
|
$2,120,101,000 | 1.03% |
| Berkshire Hathaway Inc. |
No change
4,762
|
$1,937,182,000 | 0.94% |
| Amazon.com Inc. |
4.54%
9,408
|
$1,818,096,000 | 0.88% |
| Oportun Finl Corp |
No change
563,808
|
$1,635,043,000 | 0.79% |
| Alphabet Inc |
0.31%
12,710
|
$2,321,149,000 | 1.13% |
| Walmart Inc |
0.45%
16,612
|
$1,124,799,000 | 0.55% |
| JPMorgan Chase & Co. |
1.55%
4,132
|
$835,738,000 | 0.41% |
| Adobe Inc |
33.61%
1,451
|
$806,088,000 | 0.39% |
| Costco Whsl Corp New |
No change
923
|
$784,541,000 | 0.38% |
| Mastercard Incorporated |
1.27%
1,758
|
$775,558,000 | 0.38% |
| Thermo Fisher Scientific Inc. |
0.51%
1,356
|
$749,868,000 | 0.36% |
| Exxon Mobil Corp. |
No change
6,500
|
$748,280,000 | 0.36% |
| Unitedhealth Group Inc |
No change
1,250
|
$636,575,000 | 0.31% |
| Ishares Tr |
2.51%
61,350
|
$4,262,078,000 | 2.07% |
| Vanguard Whitehall Fds |
No change
4,700
|
$557,420,000 | 0.27% |
| Ishares Tr |
Closed
6,000
|
$538,020,000 | |
| Vanguard Whitehall Fds |
Opened
8,500
|
$534,735,000 | 0.26% |
| Blackrock Health Sciences Tr |
Opened
13,047
|
$532,979,000 | 0.26% |
| Wells Fargo Co New |
No change
8,700
|
$516,693,000 | 0.25% |
| Vanguard Scottsdale Fds |
No change
6,500
|
$502,288,000 | 0.24% |
| Procter And Gamble Co |
No change
3,000
|
$494,760,000 | 0.24% |
| Realty Income Corp. |
No change
9,250
|
$488,585,000 | 0.24% |
| Pimco Etf Tr |
23.08%
5,000
|
$455,400,000 | 0.22% |
| Enterprise Prods Partners L |
No change
15,500
|
$449,190,000 | 0.22% |
| Johnson & Johnson |
No change
3,020
|
$441,403,000 | 0.21% |
| AT&T Inc. |
0.46%
21,900
|
$418,509,000 | 0.20% |
| Blackstone Mtg Tr Inc |
No change
23,500
|
$409,370,000 | 0.20% |
| J P Morgan Exchange Traded F |
No change
8,000
|
$403,760,000 | 0.20% |
| Fedex Corp |
No change
1,250
|
$374,800,000 | 0.18% |
| Nuveen Quality Muncp Income |
Opened
30,464
|
$357,647,000 | 0.17% |
| Dollar Gen Corp New |
No change
2,700
|
$357,021,000 | 0.17% |
| United Airls Hldgs Inc |
No change
6,700
|
$326,022,000 | 0.16% |
| Starbucks Corp. |
No change
4,000
|
$311,400,000 | 0.15% |
| Visa Inc |
No change
1,179
|
$309,452,000 | 0.15% |
| ServiceNow Inc |
No change
384
|
$302,081,000 | 0.15% |
| Salesforce Inc |
No change
1,075
|
$276,383,000 | 0.13% |
| Target Corp |
No change
1,800
|
$266,472,000 | 0.13% |
| Wisdomtree Tr |
No change
4,760
|
$239,476,000 | 0.12% |
| Airbnb, Inc. |
No change
1,532
|
$232,297,000 | 0.11% |
| Netflix Inc. |
40.69%
344
|
$232,159,000 | 0.11% |
| Abbott Labs |
No change
2,213
|
$229,953,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 52 holdings | |||
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