Mainsail Asset Management 13F annual report

Mainsail Asset Management is an investment fund managing more than $126 billion ran by William Jr.. There are currently 39 companies in Mr. Jr.’s portfolio. The largest investments include Vanguard Index Fds and Cintas, together worth $89.4 billion.

Limited to 30 biggest holdings

$126 billion Assets Under Management (AUM)

As of 1st August 2024, Mainsail Asset Management’s top holding is 312,311 shares of Vanguard Index Fds currently worth over $70.8 billion and making up 56.1% of the portfolio value. In addition, the fund holds 26,528 shares of Cintas worth $18.6 billion, whose value grew 19.9% in the past six months. The third-largest holding is Apple Inc worth $4.22 billion and the next is Vanguard Specialized Funds worth $3.55 billion, with 19,471 shares owned.

Currently, Mainsail Asset Management's portfolio is worth at least $126 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 Mainsail Asset Management

The Mainsail Asset Management office and employees reside in Birmingham, Alabama. According to the last 13-F report filed with the SEC, William Jr. serves as the Chief Compliance Officer and Managing Member at Mainsail Asset Management.

Recent trades

In the most recent 13F filing, Mainsail Asset Management revealed that it had opened a new position in Ishares Silver Tr and bought 15,000 shares worth $399 million.

The investment fund also strengthened its position in Vanguard Index Fds by buying 1,178 additional shares. This makes their stake in Vanguard Index Fds total 312,311 shares worth $70.8 billion.

On the other hand, there are companies that Mainsail Asset Management is getting rid of from its portfolio. Mainsail Asset Management closed its position in Lululemon Athletica inc on 8th August 2024. It sold the previously owned 1,102 shares for $430 million. William Jr. also disclosed a decreased stake in Cintas by approximately 0.1%. This leaves the value of the investment at $18.6 billion and 26,528 shares.

One of the smallest hedge funds

The two most similar investment funds to Mainsail Asset Management are Priebe Wealth and Kiwi Wealth Investments Partnership. They manage $126 billion and $126 billion respectively.

William Jr. investment strategy

Mainsail Asset Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Industrials — making up 14.7% of the total portfolio value. The fund focuses on investments in the United States as 53.8% 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 51% of the total holdings value. On the other hand, small-cap stocks make up only 2.6% of the portfolio. The average market cap of the portfolio companies is close to $393 billion.

The complete list of Mainsail Asset Management trades based on 13F SEC filings

These positions were updated on August 8th 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	0.38% 312,311	$70,823,090,000	56.12%
Cintas Corporation	2.62% 26,528	$18,576,772,000	14.72%
Apple Inc	0.04% 20,043	$4,221,520,000	3.35%
Vanguard Specialized Funds	2.75% 19,471	$3,554,476,000	2.82%
Vanguard Whitehall Fds	0.34% 28,878	$3,256,033,000	2.58%
Vanguard World Fd	4.38% 21,211	$5,530,968,000	4.38%
Microsoft Corporation	0.07% 5,557	$2,483,920,000	1.97%
Amazon.com Inc.	6.64% 8,033	$1,552,377,000	1.23%
Alphabet Inc	0.07% 5,824	$1,068,272,000	0.85%
Netflix Inc.	28.49% 1,255	$846,974,000	0.67%
Ishares Tr	3.77% 36,936	$1,860,012,000	1.47%
Vanguard Bd Index Fds	1.74% 26,436	$1,563,629,000	1.24%
NVIDIA Corp	932.63% 6,392	$789,721,000	0.63%
Alps Etf Tr	No change 15,136	$726,223,000	0.58%
Tesla Inc	No change 3,360	$664,877,000	0.53%
Conagra Brands Inc	No change 21,492	$610,803,000	0.48%
The Southern Co.	No change 7,632	$591,975,000	0.47%
Berkshire Hathaway Inc.	No change 1,364	$554,875,000	0.44%
VanEck ETF Trust	87.50% 15,000	$508,950,000	0.40%
Select Sector Spdr Tr	No change 8,500	$884,875,000	0.70%
Oracle Corp.	No change 3,300	$465,960,000	0.37%
Visa Inc	No change 1,775	$465,884,000	0.37%
Lululemon Athletica inc.	Closed 1,102	$430,496,000
Ishares Silver Tr	Opened 15,000	$398,550,000	0.32%
Coeur Mng Inc	Opened 67,500	$379,350,000	0.30%
Oreilly Automotive Inc	No change 358	$378,069,000	0.30%
Palantir Technologies Inc.	Opened 12,710	$321,944,000	0.26%
Lamb Weston Holdings Inc	No change 3,582	$301,133,000	0.24%
Chevron Corp.	No change 1,876	$293,444,000	0.23%
Jpmorgan Chase Co.	No change 1,394	$281,950,000	0.22%
Johnson Johnson	No change 1,921	$280,773,000	0.22%
Unitedhealth Group Inc	No change 550	$280,093,000	0.22%
Vanguard Tax-managed Fds	0.09% 5,376	$265,677,000	0.21%
SouthState Corporation	0.62% 3,384	$258,634,000	0.20%
First Tr Exchange-traded Fd	No change 4,966	$250,882,000	0.20%
Duke Energy Corp.	No change 2,270	$227,522,000	0.18%
Montrose Environmental Group, Inc.	Closed 5,532	$216,688,000
Vertex Pharmaceuticals, Inc.	Opened 450	$210,888,000	0.17%
Regions Financial Corp.	No change 10,490	$210,220,000	0.17%
Fastenal Co.	Closed 2,700	$208,278,000
Lowes Cos Inc	Closed 810	$206,331,000
Spdr Ser Tr	Opened 2,516	$201,607,000	0.16%
Medical Pptys Trust Inc	0.71% 13,993	$60,310,000	0.05%
No transactions found
Showing first 500 out of 43 holdings