Argent Capital Management 13F annual report
Argent Capital Management is an investment fund managing more than $3.41 trillion ran by Jayme Herbstreit. There are currently 155 companies in Mr. Herbstreit’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $434 billion.
$3.41 trillion Assets Under Management (AUM)
As of 17th July 2024, Argent Capital Management’s top holding is 521,195 shares of Microsoft currently worth over $233 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Argent Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,042,259 shares of Amazon.com worth $201 billion, whose value grew 16.4% in the past six months.
The third-largest holding is Apple Inc worth $144 billion and the next is Alphabet Inc worth $137 billion, with 750,036 shares owned.
Currently, Argent Capital Management's portfolio is worth at least $3.41 trillion. 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 Argent Capital Management
The Argent Capital Management office and employees reside in St Louis, Missouri. According to the last 13-F report filed with the SEC, Jayme Herbstreit serves as the Director of Operations at Argent Capital Management.
Recent trades
In the most recent 13F filing, Argent Capital Management revealed that it had opened a new position in
Alphabet Inc and bought 750,036 shares worth $137 billion.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
16.0%
of the fund's Technology sector allocation and has grown its share price by 49.5% in the past year.
The investment fund also strengthened its position in Danaher by buying
19,129 additional shares.
This makes their stake in Danaher total 394,842 shares worth $98.7 billion.
Danaher dropped 5.6% in the past year.
On the other hand, there are companies that Argent Capital Management is getting rid of from its portfolio.
Argent Capital Management closed its position in Alphabet Inc on 24th July 2024.
It sold the previously owned 792,776 shares for $104 billion.
Jayme Herbstreit also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $233 billion and 521,195 shares.
One of the largest hedge funds
The two most similar investment funds to Argent Capital Management are Gates Capital Management and Truepoint. They manage $3.4 trillion and $3.41 trillion respectively.
Jayme Herbstreit investment strategy
Argent Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 25.1% of
the total portfolio value.
The fund focuses on investments in the United States as
76.8% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $129 billion.
The complete list of Argent Capital Management trades based on 13F SEC filings
These positions were updated on July 24th 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 |
5.65%
521,195
|
$232,948,020,000 | 6.84% |
| Amazon.com Inc. |
5.63%
1,042,259
|
$201,416,552,000 | 5.91% |
| Apple Inc |
4.92%
682,270
|
$143,699,684,000 | 4.22% |
| Alphabet Inc |
Opened
750,036
|
$136,618,976,000 | 4.01% |
| Applied Materials Inc. |
6.02%
526,603
|
$124,273,050,000 | 3.65% |
| Booz Allen Hamilton Holding Corp |
5.37%
747,817
|
$115,089,012,000 | 3.38% |
| United Rentals, Inc. |
21.67%
165,781
|
$107,215,287,000 | 3.15% |
| Unitedhealth Group Inc |
Opened
207,277
|
$105,557,922,000 | 3.10% |
| Mastercard Incorporated |
Opened
236,683
|
$104,415,037,000 | 3.07% |
| Alphabet Inc |
Closed
792,776
|
$103,742,667,000 | |
| Unitedhealth Group Inc |
Closed
201,185
|
$101,435,502,000 | |
| Mastercard Incorporated |
Closed
249,574
|
$98,808,729,000 | |
| Danaher Corp. |
5.09%
394,842
|
$98,651,386,000 | 2.90% |
| CDW Corp |
Opened
404,082
|
$90,449,813,000 | 2.66% |
| CDW Corp |
Closed
426,915
|
$86,134,383,000 | |
| Carlyle Group Inc (The) |
Opened
2,069,748
|
$83,100,392,000 | 2.44% |
| Exxon Mobil Corp. |
9,119.52%
715,158
|
$82,329,003,000 | 2.42% |
| D.r. Horton, Inc. |
Opened
580,723
|
$81,841,261,000 | 2.40% |
| Copart, Inc. |
5.30%
1,497,889
|
$81,125,668,000 | 2.38% |
| Fair Isaac Corp. |
6.81%
53,433
|
$79,543,570,000 | 2.34% |
| Transdigm Group Incorporated |
Opened
61,004
|
$77,939,320,000 | 2.29% |
| Abbvie Inc |
Closed
498,553
|
$74,314,322,000 | |
| Pioneer Natural Resources Co. |
Closed
322,623
|
$74,058,135,000 | |
| Blackstone Inc |
Opened
584,678
|
$72,383,077,000 | 2.13% |
| Visa Inc |
Opened
273,360
|
$71,748,721,000 | 2.11% |
| D.r. Horton, Inc. |
Closed
625,137
|
$67,183,424,000 | |
| Visa Inc |
Closed
290,015
|
$66,706,352,000 | |
| Blackstone Inc |
Closed
617,411
|
$66,149,449,000 | |
| Waste Connections Inc |
6.87%
375,459
|
$65,840,433,000 | 1.93% |
| Carlyle Group Inc (The) |
Closed
2,054,883
|
$61,975,278,000 | |
| Bellring Brands Inc |
Closed
1,365,960
|
$56,318,529,000 | |
| Marvell Technology Inc |
5.32%
786,353
|
$54,966,091,000 | 1.61% |
| The Progressive Corporation |
Opened
260,047
|
$54,014,380,000 | 1.59% |
| HCA Healthcare Inc |
Opened
160,275
|
$51,493,226,000 | 1.51% |
| JPMorgan Chase & Co. |
4.58%
247,466
|
$50,052,447,000 | 1.47% |
| Home Depot, Inc. |
7.31%
142,549
|
$49,071,174,000 | 1.44% |
| O'reilly Automotive, Inc. |
Opened
43,565
|
$46,007,254,000 | 1.35% |
| NextEra Energy Inc |
Opened
627,033
|
$44,400,202,000 | 1.30% |
| Murphy USA Inc |
9,365.11%
93,326
|
$43,812,848,000 | 1.29% |
| Bellring Brands Inc |
Opened
744,945
|
$42,566,158,000 | 1.25% |
| Eaton Corporation plc |
Opened
132,254
|
$41,468,271,000 | 1.22% |
| Eaton Corporation plc |
Closed
192,812
|
$41,122,865,000 | |
| Fortinet Inc |
Closed
676,897
|
$39,720,316,000 | |
| NextEra Energy Inc |
Closed
675,551
|
$38,702,316,000 | |
| Fortinet Inc |
Opened
637,466
|
$38,420,076,000 | 1.13% |
| Monster Beverage Corp. |
Closed
705,748
|
$37,369,357,000 | |
| Houlihan Lokey Inc |
6.22%
243,844
|
$32,884,755,000 | 0.97% |
| OneMain Holdings Inc |
Opened
672,952
|
$32,631,431,000 | 0.96% |
| Align Technology, Inc. |
8.26%
134,862
|
$32,559,733,000 | 0.96% |
| Ferguson Plc |
Opened
162,273
|
$31,424,212,000 | 0.92% |
| Garmin Ltd |
Opened
184,839
|
$30,114,039,000 | 0.88% |
| Charles River Laboratories Intl, Inc. |
6.69%
145,357
|
$30,027,849,000 | 0.88% |
| Chevron Corp. |
5.66%
180,661
|
$28,259,019,000 | 0.83% |
| Ferguson Plc |
Closed
169,512
|
$27,879,565,000 | |
| Accenture plc |
Closed
88,319
|
$27,123,745,000 | |
| TFI International Inc |
807.05%
179,769
|
$26,095,289,000 | 0.77% |
| Accenture plc |
Opened
84,561
|
$25,656,553,000 | 0.75% |
| Tractor Supply Co. |
5.37%
94,246
|
$25,446,339,000 | 0.75% |
| Automatic Data Processing Inc. |
4.88%
102,520
|
$24,470,521,000 | 0.72% |
| Pepsico, Inc. |
3.90%
145,130
|
$23,936,301,000 | 0.70% |
| Oracle Corp. |
4.26%
165,574
|
$23,379,055,000 | 0.69% |
| Blackrock Inc. |
Opened
28,851
|
$22,715,357,000 | 0.67% |
| Republic Services, Inc. |
37.71%
115,655
|
$22,476,324,000 | 0.66% |
| Thermo Fisher Scientific Inc. |
12.41%
39,825
|
$22,023,280,000 | 0.65% |
| AMGEN Inc. |
2,436.96%
69,259
|
$21,640,095,000 | 0.64% |
| Ameriprise Financial Inc |
Opened
50,640
|
$21,633,046,000 | 0.64% |
| Extra Space Storage Inc. |
4.73%
130,994
|
$20,357,728,000 | 0.60% |
| Garmin Ltd |
Closed
192,832
|
$20,285,976,000 | |
| Texas Instruments Inc. |
6.36%
102,134
|
$19,868,057,000 | 0.58% |
| Air Products And Chemicals, Inc. |
Closed
70,064
|
$19,856,036,000 | |
| Morgan Stanley |
Closed
240,875
|
$19,672,230,000 | |
| Blackrock Inc. |
Closed
30,281
|
$19,576,554,000 | |
| Abbvie Inc |
Opened
104,764
|
$17,969,166,000 | 0.53% |
| Ameriprise Financial Inc |
Closed
54,108
|
$17,838,369,000 | |
| Thomson-Reuters Corp |
Opened
104,286
|
$17,579,502,000 | 0.52% |
| Gilead Sciences, Inc. |
Closed
231,593
|
$17,355,545,000 | |
| The Procter & Gamble Company |
5.28%
92,378
|
$15,235,046,000 | 0.45% |
| Pool Corporation |
Opened
38,708
|
$11,896,216,000 | 0.35% |
| NVIDIA Corp |
Opened
66,650
|
$8,233,941,000 | 0.24% |
| Medpace Holdings Inc |
Opened
17,259
|
$7,108,119,000 | 0.21% |
| NVIDIA Corp |
Closed
12,800
|
$5,567,872,000 | |
| Cbiz Inc |
47.45%
73,214
|
$5,425,157,000 | 0.16% |
| Builders Firstsource Inc |
Closed
43,547
|
$5,421,166,000 | |
| Cintas Corporation |
1.30%
7,419
|
$5,195,229,000 | 0.15% |
| Victory Capital Holdings Inc |
Opened
103,352
|
$4,932,989,000 | 0.14% |
| Descartes Systems Group Inc |
37.84%
47,059
|
$4,557,194,000 | 0.13% |
| Builders Firstsource Inc |
Opened
32,773
|
$4,536,111,000 | 0.13% |
| TopBuild Corp |
Opened
11,618
|
$4,476,067,000 | 0.13% |
| Addus HomeCare Corporation |
52.53%
37,310
|
$4,332,064,000 | 0.13% |
| Principal Financial Group Inc |
Closed
59,776
|
$4,308,036,000 | |
| LPL Financial Holdings Inc |
Opened
15,165
|
$4,235,585,000 | 0.12% |
| FirstService Corp |
Opened
26,751
|
$4,076,050,000 | 0.12% |
| ICF International, Inc |
Opened
27,418
|
$4,070,476,000 | 0.12% |
| Northrop Grumman Corp. |
Closed
9,051
|
$3,984,046,000 | |
| Agilent Technologies Inc. |
Opened
29,199
|
$3,785,066,000 | 0.11% |
| Entegris Inc |
Opened
27,520
|
$3,726,208,000 | 0.11% |
| Medpace Holdings Inc |
Closed
15,261
|
$3,695,146,000 | |
| Gartner, Inc. |
5.46%
7,903
|
$3,548,921,000 | 0.10% |
| American Finacial Group, Inc. |
1.85%
27,899
|
$3,432,135,000 | 0.10% |
| Ametek Inc |
92.52%
20,478
|
$3,413,896,000 | 0.10% |
| Advanced Drainage Systems Inc |
Opened
20,804
|
$3,336,754,000 | 0.10% |
| Colliers International Group Inc |
16.36%
29,608
|
$3,305,733,000 | 0.10% |
| Tempur Sealy International Inc |
Opened
65,900
|
$3,119,706,000 | 0.09% |
| Alphabet Inc |
Opened
16,550
|
$3,035,601,000 | 0.09% |
| Victory Capital Holdings Inc |
Closed
89,884
|
$2,996,733,000 | |
| HCA Healthcare Inc |
Closed
12,100
|
$2,976,358,000 | |
| Asbury Automotive Group Inc |
13.45%
12,647
|
$2,881,872,000 | 0.08% |
| ICF International, Inc |
Closed
23,851
|
$2,881,439,000 | |
| TopBuild Corp |
Closed
11,403
|
$2,868,995,000 | |
| FirstService Corp |
Closed
19,519
|
$2,840,795,000 | |
| OneMain Holdings Inc |
Closed
69,828
|
$2,799,405,000 | |
| Tempur Sealy International Inc |
Closed
63,783
|
$2,764,355,000 | |
| Molina Healthcare Inc |
Closed
8,310
|
$2,724,766,000 | |
| Costco Wholesale Corp |
Opened
3,145
|
$2,673,219,000 | 0.08% |
| Churchill Downs, Inc. |
Opened
19,040
|
$2,657,984,000 | 0.08% |
| Molina Healthcare Inc |
Opened
8,580
|
$2,550,834,000 | 0.07% |
| Agilent Technologies Inc. |
Closed
22,646
|
$2,532,276,000 | |
| Zebra Technologies Corp. |
Closed
10,524
|
$2,489,242,000 | |
| Entegris Inc |
Closed
26,436
|
$2,482,605,000 | |
| Aspen Technology Inc |
Closed
11,853
|
$2,421,094,000 | |
| Cheniere Energy Inc. |
2.99%
13,580
|
$2,374,191,000 | 0.07% |
| Marathon Oil Corporation |
Closed
86,977
|
$2,326,635,000 | |
| Advanced Drainage Systems Inc |
Closed
20,363
|
$2,317,920,000 | |
| Service Corporation International |
1.48%
32,496
|
$2,311,456,000 | 0.07% |
| Alphabet Inc |
Closed
16,750
|
$2,208,488,000 | |
| Exponent Inc. |
15.22%
22,852
|
$2,173,690,000 | 0.06% |
| Walmart Inc |
200.00%
31,725
|
$2,148,100,000 | 0.06% |
| Trane Technologies plc |
Opened
5,915
|
$1,945,621,000 | 0.06% |
| Patrick Industries, Inc. |
Opened
17,591
|
$1,909,520,000 | 0.06% |
| Bath & Body Works Inc. |
Closed
53,936
|
$1,823,037,000 | |
| Costco Wholesale Corp |
Closed
3,125
|
$1,765,500,000 | |
| Honeywell International Inc |
No change
7,660
|
$1,635,716,000 | 0.05% |
| Antero Resources Corp |
Closed
62,879
|
$1,595,869,000 | |
| Edwards Lifesciences Corp |
Opened
17,056
|
$1,575,463,000 | 0.05% |
| Merck & Co Inc |
Opened
10,521
|
$1,302,500,000 | 0.04% |
| Trane Technologies plc |
Closed
5,934
|
$1,204,068,000 | |
| Edwards Lifesciences Corp |
Closed
17,169
|
$1,189,468,000 | |
| Merck & Co Inc |
Closed
10,524
|
$1,083,446,000 | |
| RLI Corp. |
82.09%
7,544
|
$1,061,365,000 | 0.03% |
| Green Brick Partners, Inc. |
88.19%
17,483
|
$1,000,727,000 | 0.03% |
| Hamilton Lane Inc |
173.74%
7,963
|
$984,068,000 | 0.03% |
| ePlus Inc |
49.85%
12,683
|
$934,483,000 | 0.03% |
| Skyline Champion Corp |
79.27%
13,666
|
$925,872,000 | 0.03% |
| Johnson & Johnson |
3.30%
6,191
|
$904,914,000 | 0.03% |
| Factset Research Systems Inc. |
No change
2,200
|
$898,194,000 | 0.03% |
| Intercontinental Exchange Inc |
No change
6,500
|
$889,785,000 | 0.03% |
| UFP Industries Inc |
Opened
7,913
|
$886,256,000 | 0.03% |
| Berkshire Hathaway Inc. |
30.44%
2,093
|
$851,432,000 | 0.02% |
| Select Medical Holdings Corporation |
Opened
23,915
|
$838,460,000 | 0.02% |
| ASGN Inc |
Opened
9,417
|
$830,297,000 | 0.02% |
| RBC Bearings Inc. |
Opened
3,001
|
$809,610,000 | 0.02% |
| LPL Financial Holdings Inc |
Closed
3,250
|
$772,363,000 | |
| Magnolia Oil & Gas Corp |
96.46%
29,111
|
$737,673,000 | 0.02% |
| Emerson Electric Co. |
97.03%
6,600
|
$727,056,000 | 0.02% |
| Abbott Laboratories |
No change
6,632
|
$689,131,000 | 0.02% |
| Raytheon Technologies Corp. |
Opened
6,660
|
$668,597,000 | 0.02% |
| Coca-Cola Co |
7.86%
10,310
|
$656,232,000 | 0.02% |
| Envestnet Inc. |
Opened
10,240
|
$640,922,000 | 0.02% |
| Ishares Core S&p 500 Etf |
No change
1,124
|
$615,087,000 | 0.02% |
| 1/100 Berkshire Hthwy Cl A (schwab Cusip) |
No change
100
|
$612,241,000 | 0.02% |
| Palo Alto Networks Inc |
No change
1,800
|
$610,218,000 | 0.02% |
| Yum! Brands |
No change
4,500
|
$596,070,000 | 0.02% |
| Herc Holdings Inc |
Opened
4,345
|
$579,145,000 | 0.02% |
| Argent Mid Cap ETF |
21.67%
17,549
|
$566,894,000 | 0.02% |
| Balchem Corp. |
98.63%
3,629
|
$558,685,000 | 0.02% |
| Starbucks Corp. |
5.51%
6,803
|
$529,614,000 | 0.02% |
| HubSpot Inc |
Closed
1,000
|
$492,500,000 | |
| Target Corp |
Opened
3,310
|
$490,023,000 | 0.01% |
| Analog Devices Inc. |
20.13%
2,115
|
$482,770,000 | 0.01% |
| Raytheon Technologies Corp. |
Closed
6,660
|
$479,320,000 | |
| Axos Financials, Inc. |
Opened
8,374
|
$478,574,000 | 0.01% |
| Nike Inc, Cl. B |
46.24%
6,200
|
$467,294,000 | 0.01% |
| Ishares Core S&p Smallcap - Etf |
No change
4,186
|
$446,479,000 | 0.01% |
| Qualys Inc |
Opened
3,121
|
$445,055,000 | 0.01% |
| ASGN Inc |
Closed
5,433
|
$443,767,000 | |
| Schwab Us Large-cap Etf |
Closed
8,715
|
$440,979,000 | |
| Halozyme Therapeutics Inc. |
Opened
8,346
|
$436,997,000 | 0.01% |
| Bank Of New York Mellon Corp |
6.71%
7,280
|
$435,999,000 | 0.01% |
| Adobe Inc |
Opened
770
|
$427,766,000 | 0.01% |
| Target Corp |
Closed
3,815
|
$421,832,000 | |
| Carrier Global Corporation |
Opened
6,660
|
$420,113,000 | 0.01% |
| UFP Industries Inc |
Closed
4,008
|
$410,419,000 | |
| Glacier Bancorp, Inc. |
Opened
10,913
|
$407,273,000 | 0.01% |
| Adobe Inc |
Closed
770
|
$392,623,000 | |
| The Walt Disney Company |
26.58%
3,950
|
$392,196,000 | 0.01% |
| Carrier Global Corporation |
Closed
6,660
|
$367,632,000 | |
| Centene Corp. |
Closed
5,325
|
$366,786,000 | |
| Enpro Inc |
Opened
2,500
|
$363,925,000 | 0.01% |
| Madison Square Garden Sports Corp. |
Opened
1,889
|
$355,378,000 | 0.01% |
| Kimberly-Clark Corp. |
Closed
2,823
|
$341,160,000 | |
| Chesapeake Utilities Corp |
Opened
3,209
|
$340,796,000 | 0.01% |
| Alamo Group Inc. |
Opened
1,915
|
$331,295,000 | 0.01% |
| Monster Beverage Corp. |
Opened
6,326
|
$315,984,000 | 0.01% |
| Ishares Core Msci Eafe Etf |
Opened
4,340
|
$315,258,000 | 0.01% |
| i3 Verticals Inc |
Opened
14,066
|
$310,577,000 | 0.01% |
| Select Medical Holdings Corporation |
Closed
12,224
|
$308,900,000 | |
| RBC Bearings Inc. |
Closed
1,279
|
$299,452,000 | |
| Qualcomm, Inc. |
29.41%
1,500
|
$298,770,000 | 0.01% |
| Tjx Co. |
No change
2,700
|
$297,270,000 | 0.01% |
| Lowe's Companies Inc. |
3.60%
1,340
|
$295,416,000 | 0.01% |
| Novanta Inc |
Opened
1,801
|
$293,761,000 | 0.01% |
| Alarm.com Holdings Inc |
Opened
4,437
|
$281,927,000 | 0.01% |
| Atkore Inc |
86.08%
2,088
|
$281,734,000 | 0.01% |
| Carlisle Companies Inc. |
Opened
690
|
$279,595,000 | 0.01% |
| Post Holdings Inc |
99.42%
2,561
|
$266,754,000 | 0.01% |
| Herc Holdings Inc |
Closed
2,195
|
$261,073,000 | |
| Qualys Inc |
Closed
1,702
|
$259,640,000 | |
| Otc Markets Group Inc. |
Opened
5,210
|
$254,769,000 | 0.01% |
| General Mills, Inc. |
27.43%
3,810
|
$241,021,000 | 0.01% |
| Ishares Core Msci Eafe Etf |
Closed
3,745
|
$240,991,000 | |
| Union Pacific Corp. |
1.96%
1,053
|
$238,308,000 | 0.01% |
| Packaging Corp. Of America |
Opened
1,290
|
$235,502,000 | 0.01% |
| America's Car-mart Inc |
Opened
3,839
|
$231,146,000 | 0.01% |
| Envestnet Inc. |
Closed
5,167
|
$227,503,000 | |
| Cisco Systems, Inc. |
77.98%
4,750
|
$225,673,000 | 0.01% |
| Perficient Inc. |
Opened
2,992
|
$223,772,000 | 0.01% |
| Lockheed Martin Corp. |
6.12%
460
|
$214,866,000 | 0.01% |
| Estee Lauder |
0.84%
2,000
|
$212,800,000 | 0.01% |
| Ishares Russell Mid-cap Etf |
Opened
2,610
|
$211,619,000 | 0.01% |
| Centene Corp. |
Opened
3,085
|
$204,536,000 | 0.01% |
| LCI Industries |
Opened
1,947
|
$201,281,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 221 holdings | |||
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