Berkeley Capital Partners 13F annual report

Berkeley Capital Partners is an investment fund managing more than $323 billion ran by Tony Palazzo. There are currently 125 companies in Mr. Palazzo’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Vanguard Whitehall Fds, together worth $88.6 billion.

$323 billion Assets Under Management (AUM)

As of 7th August 2024, Berkeley Capital Partners’s top holding is 116,267 shares of Spdr S&p 500 Etf Tr currently worth over $63.3 billion and making up 19.6% of the portfolio value. In addition, the fund holds 216,163 shares of Vanguard Whitehall Fds worth $25.3 billion. The third-largest holding is Vanguard Scottsdale Fds worth $37.2 billion and the next is Vanguard Intl Equity Index F worth $10.6 billion, with 185,629 shares owned.

Currently, Berkeley Capital Partners's portfolio is worth at least $323 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 Berkeley Capital Partners

The Berkeley Capital Partners office and employees reside in Milton, Georgia. According to the last 13-F report filed with the SEC, Tony Palazzo serves as the CFA, Partner at Berkeley Capital Partners.

Recent trades

In the most recent 13F filing, Berkeley Capital Partners revealed that it had opened a new position in 3M Co and bought 11,452 shares worth $1.17 billion. This means they effectively own approximately 0.1% of the company. 3M Co makes up 30.9% of the fund's Industrials sector allocation and has grown its share price by 21.2% in the past year.

The investment fund also strengthened its position in Microsoft by buying 433 additional shares. This makes their stake in Microsoft total 14,348 shares worth $6.41 billion. Microsoft soared 27.8% in the past year.

On the other hand, there are companies that Berkeley Capital Partners is getting rid of from its portfolio. Berkeley Capital Partners closed its position in Freshpet Inc on 14th August 2024. It sold the previously owned 10,832 shares for $1.25 billion. Tony Palazzo also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%. This leaves the value of the investment at $63.3 billion and 116,267 shares.

One of the smaller hedge funds

The two most similar investment funds to Berkeley Capital Partners are Hap Trading and Tencore Partners, L.P.. They manage $323 billion and $322 billion respectively.


Tony Palazzo investment strategy

Berkeley Capital Partners’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 6.1% of the total portfolio value. The fund focuses on investments in the United States as 52.0% 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 55% of the total holdings value. On the other hand, small-cap stocks make up only 3.2% of the portfolio. The average market cap of the portfolio companies is close to $197 billion.

The complete list of Berkeley Capital Partners trades based on 13F SEC filings

These positions were updated on August 14th 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
Spdr S&p 500 Etf Tr
0.55%
116,267
$63,274,982,000 19.61%
Vanguard Whitehall Fds
1.00%
216,163
$25,293,728,000 7.84%
Vanguard Scottsdale Fds
0.73%
475,552
$37,225,925,000 11.54%
Vanguard Intl Equity Index F
0.29%
185,629
$10,573,763,000 3.28%
Vanguard World Fd
3.46%
54,652
$13,350,396,000 4.14%
Ishares Tr
1.60%
224,633
$21,275,175,000 6.59%
Spdr Ser Tr
1.81%
283,132
$13,141,120,000 4.07%
Microsoft Corporation
3.11%
14,348
$6,412,930,000 1.99%
VanEck ETF Trust
4.22%
171,969
$5,903,973,000 1.83%
Vanguard Index Fds
5.42%
49,691
$11,520,544,000 3.57%
NVIDIA Corp
933.70%
32,024
$3,956,253,000 1.23%
Apple Inc
9.74%
16,225
$3,417,250,000 1.06%
Alps Etf Tr
2.56%
61,389
$2,945,425,000 0.91%
Exxon Mobil Corp.
3.12%
23,181
$2,668,583,000 0.83%
Cisco Sys Inc
8.25%
52,978
$2,516,963,000 0.78%
Chevron Corp.
4.73%
15,231
$2,382,466,000 0.74%
Verizon Communications Inc
3.64%
57,557
$2,373,670,000 0.74%
Bank America Corp
0.15%
56,001
$2,227,157,000 0.69%
Duke Energy Corp.
2.63%
21,723
$2,177,339,000 0.67%
Medtronic Plc
5.52%
27,629
$2,174,679,000 0.67%
Amazon.com Inc.
2.01%
10,751
$2,077,631,000 0.64%
Qualcomm, Inc.
0.68%
10,350
$2,061,603,000 0.64%
Bristol-Myers Squibb Co.
21.17%
49,369
$2,050,306,000 0.64%
Novartis AG
0.29%
18,204
$1,937,998,000 0.60%
Franco Nev Corp
3.24%
15,726
$1,863,846,000 0.58%
Home Depot, Inc.
2.49%
5,347
$1,840,822,000 0.57%
Pfizer Inc.
1.60%
65,490
$1,832,420,000 0.57%
Philip Morris International Inc
0.18%
17,894
$1,813,242,000 0.56%
Vici Pptys Inc
4.43%
63,077
$1,806,538,000 0.56%
Dow Inc
2.67%
33,782
$1,792,136,000 0.56%
Conagra Brands Inc
2.97%
60,820
$1,728,501,000 0.54%
JPMorgan Chase & Co.
5.50%
8,085
$1,635,239,000 0.51%
Eog Res Inc
4.08%
12,504
$1,573,879,000 0.49%
Alphabet Inc
7.59%
14,199
$2,593,984,000 0.80%
PPL Corp
4.74%
51,715
$1,429,920,000 0.44%
Truist Finl Corp
4.81%
36,179
$1,405,555,000 0.44%
Mcdonalds Corp
0.34%
5,333
$1,359,122,000 0.42%
Morgan Stanley
2.15%
13,845
$1,345,596,000 0.42%
Comcast Corp New
19.24%
34,302
$1,343,263,000 0.42%
Healthpeak Properties Inc.
3.46%
67,886
$1,330,566,000 0.41%
Kenvue Inc
6.54%
71,199
$1,294,398,000 0.40%
Coca-Cola Co
1.55%
20,262
$1,289,646,000 0.40%
Altria Group Inc.
4.26%
27,943
$1,272,820,000 0.39%
Freshpet Inc
Closed
10,832
$1,254,996,000
Abbvie Inc
0.25%
7,204
$1,235,660,000 0.38%
BCE Inc
5.72%
36,339
$1,176,294,000 0.36%
3M Co.
Opened
11,452
$1,170,280,000 0.36%
Unitedhealth Group Inc
5.53%
2,174
$1,107,085,000 0.34%
Baxter International Inc.
33.61%
32,960
$1,102,522,000 0.34%
Eli Lilly & Co
12.26%
1,209
$1,094,605,000 0.34%
Visa Inc
2.35%
4,091
$1,073,810,000 0.33%
The Southern Co.
0.92%
13,669
$1,060,301,000 0.33%
General Dynamics Corp.
0.80%
3,649
$1,058,857,000 0.33%
Kellanova Co
0.29%
18,338
$1,057,736,000 0.33%
Aflac Inc.
0.42%
11,548
$1,031,352,000 0.32%
Johnson Ctls Intl Plc
1.71%
15,447
$1,026,763,000 0.32%
Johnson & Johnson
5.35%
6,574
$960,869,000 0.30%
Tesla Inc
1.46%
4,795
$948,835,000 0.29%
Meta Platforms Inc
11.72%
1,859
$937,352,000 0.29%
Palo Alto Networks Inc
8.88%
2,735
$927,193,000 0.29%
Procter And Gamble Co
2.29%
5,504
$907,704,000 0.28%
Starbucks Corp.
2.59%
11,565
$900,324,000 0.28%
Pepsico Inc
5.38%
5,441
$897,419,000 0.28%
United Parcel Service, Inc.
4.51%
6,188
$846,778,000 0.26%
Travelers Companies Inc.
4.05%
4,139
$841,568,000 0.26%
Unilever plc
0.66%
14,544
$799,753,000 0.25%
International Business Machs
54.05%
4,563
$789,085,000 0.24%
Barrick Gold Corp.
1.36%
46,252
$771,484,000 0.24%
Broadcom Inc
9.74%
473
$759,416,000 0.24%
Intercontinental Exchange In
1.29%
5,507
$753,835,000 0.23%
Select Sector Spdr Tr
14.76%
14,699
$1,446,299,000 0.45%
Wheaton Precious Metals Corp
0.03%
14,263
$747,667,000 0.23%
Acuity Brands, Inc.
1.28%
3,080
$743,636,000 0.23%
Rio Tinto plc
0.66%
10,895
$718,309,000 0.22%
Safehold Inc.
4.61%
36,448
$703,083,000 0.22%
American Tower Corp.
3.35%
3,575
$694,964,000 0.22%
Public Storage Oper Co
2.88%
2,354
$677,180,000 0.21%
Ford Mtr Co Del
3.30%
51,543
$646,352,000 0.20%
Costco Whsl Corp New
4.24%
738
$627,651,000 0.19%
MercadoLibre Inc
0.52%
381
$626,136,000 0.19%
Berkshire Hathaway Inc.
12.51%
1,493
$607,353,000 0.19%
Merck & Co Inc
11.46%
4,854
$600,873,000 0.19%
Prudential Finl Inc
2.18%
5,029
$589,357,000 0.18%
Tyson Foods, Inc.
4.04%
9,244
$528,203,000 0.16%
Flowers Foods, Inc.
0.00%
23,053
$511,773,000 0.16%
Nexpoint Real Estate Fin Inc
8.77%
35,022
$480,502,000 0.15%
Global Pmts Inc
0.18%
4,905
$474,314,000 0.15%
Constellation Brands, Inc.
2.34%
1,833
$471,597,000 0.15%
AT&T Inc.
4.02%
24,211
$462,672,000 0.14%
Disney Walt Co
3.36%
4,639
$460,634,000 0.14%
Genuine Parts Co.
3.80%
3,281
$453,877,000 0.14%
Advanced Micro Devices Inc.
3.20%
2,750
$446,078,000 0.14%
Shell Plc
6.21%
6,044
$436,256,000 0.14%
Kinder Morgan Inc
0.61%
21,832
$433,811,000 0.13%
RTX Corp
71.67%
4,319
$433,587,000 0.13%
Marathon Oil Corporation
5.41%
14,736
$422,482,000 0.13%
Chubb Limited
3.13%
1,645
$419,607,000 0.13%
Alamos Gold Inc.
1.06%
26,364
$413,388,000 0.13%
Conocophillips
1.66%
3,562
$407,438,000 0.13%
NextEra Energy Inc
5.05%
5,636
$399,086,000 0.12%
Ishares Gold Tr
3.27%
9,002
$395,458,000 0.12%
Walmart Inc
12.42%
5,783
$391,586,000 0.12%
Nike, Inc.
3.02%
5,086
$383,353,000 0.12%
Kinross Gold Corp.
1.39%
42,459
$353,259,000 0.11%
Salesforce Inc
6.63%
1,310
$336,801,000 0.10%
Asml Holding N V
18.08%
320
$327,274,000 0.10%
Citigroup Inc
9.13%
4,938
$313,392,000 0.10%
Waste Mgmt Inc Del
7.92%
1,404
$299,594,000 0.09%
Agnico Eagle Mines Ltd
7.45%
4,520
$295,608,000 0.09%
Mastercard Incorporated
10.19%
649
$286,128,000 0.09%
Honeywell International Inc
4.61%
1,316
$280,954,000 0.09%
Newmont Corp
1.68%
6,282
$263,028,000 0.08%
Dollar Gen Corp New
0.20%
1,967
$260,123,000 0.08%
Lowes Cos Inc
2.14%
1,097
$241,845,000 0.07%
Nutrien Ltd
3.07%
4,678
$238,157,000 0.07%
Microstrategy Inc.
2.38%
172
$236,927,000 0.07%
Invesco Exch Traded Fd Tr Ii
0.30%
3,602
$233,950,000 0.07%
Vanguard Bd Index Fds
1.44%
4,641
$229,823,000 0.07%
Netflix Inc.
Opened
336
$226,760,000 0.07%
Micron Technology Inc.
Opened
1,708
$224,654,000 0.07%
Spdr Ser Tr
Closed
2,385
$218,926,000
Ishares Inc
2.16%
7,915
$218,534,000 0.07%
Union Pac Corp
Closed
872
$214,492,000
Alibaba Group Hldg Ltd
0.34%
2,926
$210,672,000 0.07%
Vanguard Index Fds
Closed
1,350
$210,479,000
Intel Corp.
2.41%
6,549
$202,826,000 0.06%
Invesco Exch Trd Slf Idx Fd
Closed
3,625
$200,209,000
Barclays plc
23.77%
12,816
$137,260,000 0.04%
Nuveen Mun High Income Oppor
No change
12,173
$131,344,000 0.04%
Invesco Mun Opportunity Tr
No change
12,387
$124,861,000 0.04%
No transactions found
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