Trust Asset Management 13F annual report
Trust Asset Management is an investment fund managing more than $1.19 trillion ran by John Hale. There are currently 213 companies in Mr. Hale’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Select Sector Spdr Tr, together worth $790 billion.
$1.19 trillion Assets Under Management (AUM)
As of 17th July 2024, Trust Asset Management’s top holding is 1,217,637 shares of Spdr S&p 500 Etf Tr currently worth over $663 billion and making up 55.8% of the portfolio value.
In addition, the fund holds 1,558,915 shares of Select Sector Spdr Tr worth $127 billion.
The third-largest holding is Microsoft worth $38.4 billion and the next is Apple Inc worth $35.7 billion, with 169,512 shares owned.
Currently, Trust Asset Management's portfolio is worth at least $1.19 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 Trust Asset Management
The Trust Asset Management office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, John Hale serves as the Vice President at Trust Asset Management.
Recent trades
In the most recent 13F filing, Trust Asset Management revealed that it had opened a new position in
First Solar Inc and bought 1,173 shares worth $264 million.
This means they effectively own approximately 0.1% of the company.
First Solar Inc makes up
100.0%
of the fund's Utilities sector allocation and has grown its share price by 11.4% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
255,483 additional shares.
This makes their stake in NVIDIA Corp total 283,870 shares worth $35.1 billion.
NVIDIA Corp dropped 72.3% in the past year.
On the other hand, there are companies that Trust Asset Management is getting rid of from its portfolio.
Trust Asset Management closed its position in Molina Healthcare Inc on 24th July 2024.
It sold the previously owned 670 shares for $275 million.
One of the largest hedge funds
The two most similar investment funds to Trust Asset Management are Sepio Capital, L.P. and Nations Financial Group Inc, ia adv. They manage $1.19 trillion and $1.19 trillion respectively.
John Hale investment strategy
Trust Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 13.0% of
the total portfolio value.
The fund focuses on investments in the United States as
65.7% 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
67% 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 $120 billion.
The complete list of Trust Asset 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
No change
1,217,637
|
$662,662,408,000 | 55.82% |
| Select Sector Spdr Tr |
No change
1,558,915
|
$127,466,054,000 | 10.74% |
| Microsoft Corporation |
No change
85,929
|
$38,405,967,000 | 3.24% |
| Apple Inc |
No change
169,512
|
$35,702,617,000 | 3.01% |
| NVIDIA Corp |
900.00%
283,870
|
$35,069,300,000 | 2.95% |
| Alphabet Inc |
No change
125,314
|
$22,985,094,000 | 1.94% |
| Amazon.com Inc. |
No change
104,334
|
$20,162,546,000 | 1.70% |
| Meta Platforms Inc |
No change
25,665
|
$12,940,806,000 | 1.09% |
| Berkshire Hathaway Inc. |
No change
20,872
|
$8,490,730,000 | 0.72% |
| Eli Lilly & Co |
No change
9,069
|
$8,210,891,000 | 0.69% |
| Broadcom Inc |
No change
4,839
|
$7,769,160,000 | 0.65% |
| JPMorgan Chase & Co. |
No change
34,101
|
$6,897,268,000 | 0.58% |
| Tesla Inc |
No change
31,881
|
$6,308,612,000 | 0.53% |
| Unitedhealth Group Inc |
No change
10,545
|
$5,370,147,000 | 0.45% |
| Visa Inc |
No change
18,752
|
$4,921,837,000 | 0.41% |
| Mastercard Incorporated |
No change
9,761
|
$4,306,163,000 | 0.36% |
| Johnson & Johnson |
No change
28,012
|
$4,094,234,000 | 0.34% |
| Home Depot, Inc. |
No change
11,660
|
$4,013,838,000 | 0.34% |
| Merck & Co Inc |
No change
29,128
|
$3,606,046,000 | 0.30% |
| Abbvie Inc |
No change
20,356
|
$3,491,461,000 | 0.29% |
| Netflix Inc. |
No change
5,124
|
$3,458,085,000 | 0.29% |
| Bank America Corp |
No change
82,476
|
$3,280,071,000 | 0.28% |
| Advanced Micro Devices Inc. |
No change
18,754
|
$3,042,086,000 | 0.26% |
| Adobe Inc |
No change
5,314
|
$2,952,140,000 | 0.25% |
| Salesforce Inc |
No change
11,221
|
$2,884,919,000 | 0.24% |
| Wells Fargo Co New |
No change
47,042
|
$2,793,824,000 | 0.24% |
| Qualcomm, Inc. |
No change
12,931
|
$2,575,597,000 | 0.22% |
| Oracle Corp. |
No change
17,898
|
$2,527,198,000 | 0.21% |
| Thermo Fisher Scientific Inc. |
No change
4,525
|
$2,502,325,000 | 0.21% |
| Applied Matls Inc |
No change
9,762
|
$2,303,734,000 | 0.19% |
| Cisco Sys Inc |
No change
47,389
|
$2,251,451,000 | 0.19% |
| Accenture Plc Ireland |
No change
7,224
|
$2,191,834,000 | 0.18% |
| Mcdonalds Corp |
No change
8,418
|
$2,145,243,000 | 0.18% |
| Disney Walt Co |
No change
21,108
|
$2,095,813,000 | 0.18% |
| Abbott Labs |
No change
20,138
|
$2,092,540,000 | 0.18% |
| Intuit Inc |
No change
3,178
|
$2,088,613,000 | 0.18% |
| Texas Instrs Inc |
No change
10,436
|
$2,030,115,000 | 0.17% |
| Verizon Communications Inc |
No change
48,301
|
$1,991,933,000 | 0.17% |
| AMGEN Inc. |
No change
6,114
|
$1,910,319,000 | 0.16% |
| Comcast Corp New |
No change
48,389
|
$1,894,913,000 | 0.16% |
| Danaher Corp. |
No change
7,577
|
$1,893,113,000 | 0.16% |
| ServiceNow Inc |
No change
2,377
|
$1,869,915,000 | 0.16% |
| Pfizer Inc. |
No change
64,693
|
$1,810,110,000 | 0.15% |
| International Business Machs |
No change
10,452
|
$1,807,673,000 | 0.15% |
| Intuitive Surgical Inc |
No change
4,051
|
$1,802,087,000 | 0.15% |
| Goldman Sachs Group, Inc. |
No change
3,931
|
$1,778,070,000 | 0.15% |
| Citigroup Inc |
No change
27,234
|
$1,728,270,000 | 0.15% |
| S&P Global Inc |
No change
3,825
|
$1,705,950,000 | 0.14% |
| Booking Holdings Inc |
No change
421
|
$1,667,792,000 | 0.14% |
| Lam Research Corp. |
No change
1,558
|
$1,659,036,000 | 0.14% |
| Micron Technology Inc. |
No change
12,546
|
$1,650,175,000 | 0.14% |
| American Express Co. |
No change
6,944
|
$1,607,883,000 | 0.14% |
| AT&T Inc. |
No change
82,154
|
$1,569,963,000 | 0.13% |
| Lowes Cos Inc |
No change
6,978
|
$1,538,370,000 | 0.13% |
| Morgan Stanley |
No change
15,287
|
$1,485,744,000 | 0.13% |
| Tjx Cos Inc New |
No change
13,455
|
$1,481,396,000 | 0.12% |
| Elevance Health Inc |
No change
2,711
|
$1,468,982,000 | 0.12% |
| Intel Corp. |
No change
47,114
|
$1,459,121,000 | 0.12% |
| Progressive Corp. |
No change
6,672
|
$1,385,841,000 | 0.12% |
| Vertex Pharmaceuticals, Inc. |
No change
2,940
|
$1,378,037,000 | 0.12% |
| Schwab Charles Corp |
No change
18,455
|
$1,359,949,000 | 0.11% |
| Analog Devices Inc. |
No change
5,863
|
$1,338,288,000 | 0.11% |
| KLA Corp. |
No change
1,615
|
$1,331,584,000 | 0.11% |
| Stryker Corp. |
No change
3,896
|
$1,325,614,000 | 0.11% |
| Regeneron Pharmaceuticals, Inc. |
No change
1,237
|
$1,300,124,000 | 0.11% |
| Blackrock Inc. |
No change
1,648
|
$1,297,503,000 | 0.11% |
| Boston Scientific Corp. |
No change
16,538
|
$1,273,591,000 | 0.11% |
| Chubb Limited |
No change
4,830
|
$1,232,036,000 | 0.10% |
| Medtronic Plc |
No change
15,600
|
$1,227,876,000 | 0.10% |
| Palo Alto Networks Inc |
No change
3,537
|
$1,199,078,000 | 0.10% |
| Marsh & McLennan Cos., Inc. |
No change
5,677
|
$1,196,257,000 | 0.10% |
| Cigna Group (The) |
No change
3,552
|
$1,174,185,000 | 0.10% |
| Fiserv, Inc. |
No change
7,400
|
$1,102,896,000 | 0.09% |
| Nike, Inc. |
No change
14,468
|
$1,090,453,000 | 0.09% |
| T-Mobile US, Inc. |
No change
6,091
|
$1,073,112,000 | 0.09% |
| Starbucks Corp. |
No change
13,353
|
$1,039,531,000 | 0.09% |
| Synopsys, Inc. |
No change
1,744
|
$1,037,785,000 | 0.09% |
| Blackstone Inc |
No change
8,305
|
$1,028,159,000 | 0.09% |
| Bristol-Myers Squibb Co. |
No change
24,521
|
$1,018,357,000 | 0.09% |
| Chipotle Mexican Grill |
4,900.00%
15,950
|
$999,268,000 | 0.08% |
| Arista Networks Inc |
No change
2,841
|
$995,714,000 | 0.08% |
| Gilead Sciences, Inc. |
No change
14,275
|
$979,408,000 | 0.08% |
| Cadence Design System Inc |
No change
3,151
|
$969,720,000 | 0.08% |
| Zoetis Inc |
No change
5,463
|
$947,066,000 | 0.08% |
| Amphenol Corp. |
100.00%
13,830
|
$931,727,000 | 0.08% |
| Mckesson Corporation |
No change
1,588
|
$927,456,000 | 0.08% |
| CVS Health Corp |
No change
15,079
|
$890,566,000 | 0.08% |
| Intercontinental Exchange In |
No change
6,468
|
$885,405,000 | 0.07% |
| CME Group Inc |
No change
4,121
|
$810,189,000 | 0.07% |
| Nxp Semiconductors N V |
No change
2,981
|
$802,157,000 | 0.07% |
| General Mtrs Co |
No change
17,202
|
$799,205,000 | 0.07% |
| HCA Healthcare Inc |
No change
2,459
|
$790,028,000 | 0.07% |
| Airbnb, Inc. |
No change
5,140
|
$779,378,000 | 0.07% |
| PayPal Holdings Inc |
No change
13,321
|
$773,018,000 | 0.07% |
| Becton Dickinson & Co. |
No change
3,278
|
$766,101,000 | 0.06% |
| Moodys Corp |
No change
1,820
|
$766,093,000 | 0.06% |
| Marriott Intl Inc New |
No change
3,153
|
$762,301,000 | 0.06% |
| Oreilly Automotive Inc |
No change
718
|
$758,251,000 | 0.06% |
| Motorola Solutions Inc |
No change
1,940
|
$748,937,000 | 0.06% |
| Pnc Finl Svcs Group Inc |
No change
4,715
|
$733,088,000 | 0.06% |
| Ford Mtr Co Del |
No change
58,324
|
$731,383,000 | 0.06% |
| Roper Technologies Inc |
No change
1,232
|
$694,429,000 | 0.06% |
| American Intl Group Inc |
No change
9,349
|
$694,070,000 | 0.06% |
| Aon plc. |
No change
2,350
|
$689,913,000 | 0.06% |
| Hilton Worldwide Holdings Inc |
No change
3,138
|
$684,712,000 | 0.06% |
| Edwards Lifesciences Corp |
No change
7,197
|
$664,787,000 | 0.06% |
| Us Bancorp Del |
No change
16,320
|
$647,904,000 | 0.05% |
| Autozone Inc. |
No change
217
|
$643,210,000 | 0.05% |
| Gallagher Arthur J & Co |
No change
2,404
|
$623,381,000 | 0.05% |
| Autodesk Inc. |
No change
2,505
|
$619,862,000 | 0.05% |
| Capital One Finl Corp |
No change
4,466
|
$618,318,000 | 0.05% |
| Truist Finl Corp |
No change
15,787
|
$613,325,000 | 0.05% |
| Microchip Technology, Inc. |
No change
6,365
|
$582,398,000 | 0.05% |
| Ross Stores, Inc. |
No change
4,003
|
$581,716,000 | 0.05% |
| Aflac Inc. |
No change
6,499
|
$580,426,000 | 0.05% |
| TE Connectivity Ltd |
No change
3,660
|
$550,574,000 | 0.05% |
| Humana Inc. |
No change
1,462
|
$546,276,000 | 0.05% |
| Travelers Companies Inc. |
No change
2,684
|
$545,765,000 | 0.05% |
| Metlife Inc |
No change
7,775
|
$545,727,000 | 0.05% |
| Fidelity Natl Information Sv |
No change
7,018
|
$528,876,000 | 0.04% |
| Ameriprise Finl Inc |
No change
1,230
|
$525,444,000 | 0.04% |
| Bank New York Mellon Corp |
No change
8,581
|
$513,916,000 | 0.04% |
| D.R. Horton Inc. |
No change
3,646
|
$513,831,000 | 0.04% |
| Dexcom Inc |
No change
4,479
|
$507,829,000 | 0.04% |
| Prudential Finl Inc |
No change
4,319
|
$506,144,000 | 0.04% |
| Allstate Corp (The) |
No change
3,081
|
$491,912,000 | 0.04% |
| Idexx Labs Inc |
No change
973
|
$474,046,000 | 0.04% |
| IQVIA Holdings Inc |
No change
2,194
|
$463,899,000 | 0.04% |
| Super Micro Computer Inc |
No change
560
|
$458,836,000 | 0.04% |
| Moderna Inc |
No change
3,828
|
$454,575,000 | 0.04% |
| Agilent Technologies Inc. |
No change
3,476
|
$450,594,000 | 0.04% |
| Fortinet Inc |
No change
7,462
|
$449,735,000 | 0.04% |
| MSCI Inc |
No change
919
|
$442,728,000 | 0.04% |
| Lennar Corp. |
No change
2,951
|
$442,266,000 | 0.04% |
| Fair Isaac Corp. |
No change
292
|
$434,689,000 | 0.04% |
| Arch Cap Group Ltd |
No change
4,271
|
$430,901,000 | 0.04% |
| Yum Brands Inc. |
No change
3,231
|
$427,978,000 | 0.04% |
| Centene Corp. |
No change
6,442
|
$427,105,000 | 0.04% |
| Cencora Inc. |
No change
1,882
|
$424,015,000 | 0.04% |
| Monolithic Pwr Sys Inc |
No change
516
|
$423,987,000 | 0.04% |
| Electronic Arts, Inc. |
No change
2,991
|
$416,736,000 | 0.04% |
| Gartner, Inc. |
No change
923
|
$414,482,000 | 0.03% |
| Discover Finl Svcs |
No change
3,128
|
$409,174,000 | 0.03% |
| Royal Caribbean Group |
No change
2,537
|
$404,474,000 | 0.03% |
| Cognizant Technology Solutio |
No change
5,913
|
$402,084,000 | 0.03% |
| Lululemon Athletica inc. |
No change
1,322
|
$394,881,000 | 0.03% |
| Biogen Inc |
No change
1,662
|
$385,285,000 | 0.03% |
| Hartford Finl Svcs Group Inc |
No change
3,657
|
$367,675,000 | 0.03% |
| Charter Communications Inc N |
No change
1,218
|
$364,133,000 | 0.03% |
| Mettler-Toledo International, Inc. |
No change
259
|
$361,976,000 | 0.03% |
| HP Inc |
No change
10,049
|
$351,916,000 | 0.03% |
| CDW Corp |
No change
1,570
|
$351,429,000 | 0.03% |
| Corning, Inc. |
No change
8,906
|
$345,998,000 | 0.03% |
| ON Semiconductor Corp. |
No change
5,029
|
$344,738,000 | 0.03% |
| Tractor Supply Co. |
No change
1,274
|
$343,980,000 | 0.03% |
| EBay Inc. |
No change
6,318
|
$339,403,000 | 0.03% |
| Ge Healthcare Technologies I |
No change
4,311
|
$335,913,000 | 0.03% |
| Resmed Inc. |
No change
1,706
|
$326,563,000 | 0.03% |
| Netapp Inc |
No change
2,525
|
$325,220,000 | 0.03% |
| Willis Towers Watson Plc Ltd |
No change
1,227
|
$321,646,000 | 0.03% |
| Ansys Inc. |
No change
998
|
$320,857,000 | 0.03% |
| Hewlett Packard Enterprise C |
No change
14,896
|
$315,348,000 | 0.03% |
| M & T Bk Corp |
No change
2,037
|
$308,320,000 | 0.03% |
| State Str Corp |
No change
4,066
|
$300,884,000 | 0.03% |
| Price T Rowe Group Inc |
No change
2,607
|
$300,613,000 | 0.03% |
| Global Pmts Inc |
No change
3,073
|
$297,159,000 | 0.03% |
| Fifth Third Bancorp |
No change
8,092
|
$295,277,000 | 0.02% |
| Cardinal Health, Inc. |
No change
2,986
|
$293,584,000 | 0.02% |
| Garmin Ltd |
No change
1,789
|
$291,464,000 | 0.02% |
| Dell Technologies Inc |
No change
2,100
|
$289,611,000 | 0.02% |
| Pulte Group Inc |
No change
2,627
|
$289,233,000 | 0.02% |
| Deckers Outdoor Corp. |
No change
296
|
$286,513,000 | 0.02% |
| Take-two Interactive Softwar |
No change
1,830
|
$284,547,000 | 0.02% |
| Keysight Technologies Inc |
No change
2,078
|
$284,167,000 | 0.02% |
| Western Digital Corp. |
No change
3,717
|
$281,637,000 | 0.02% |
| West Pharmaceutical Svsc Inc |
No change
853
|
$280,970,000 | 0.02% |
| Raymond James Finl Inc |
No change
2,261
|
$279,482,000 | 0.02% |
| Molina Healthcare Inc |
Closed
670
|
$275,256,000 | |
| Teradyne, Inc. |
No change
1,793
|
$265,884,000 | 0.02% |
| NVR Inc. |
No change
35
|
$265,600,000 | 0.02% |
| First Solar Inc |
Opened
1,173
|
$264,465,000 | 0.02% |
| Zimmer Biomet Holdings Inc |
No change
2,417
|
$262,317,000 | 0.02% |
| Howmet Aerospace Inc. |
No change
3,333
|
$258,741,000 | 0.02% |
| Baxter International Inc. |
Closed
5,951
|
$254,346,000 | |
| Steris Plc |
No change
1,151
|
$252,691,000 | 0.02% |
| Illumina Inc |
Closed
1,838
|
$252,394,000 | |
| Synchrony Financial |
No change
5,154
|
$243,217,000 | 0.02% |
| Tyler Technologies, Inc. |
No change
482
|
$242,340,000 | 0.02% |
| Brown & Brown, Inc. |
No change
2,703
|
$241,675,000 | 0.02% |
| Nasdaq Inc |
No change
3,915
|
$235,918,000 | 0.02% |
| Corpay Inc |
No change
869
|
$231,510,000 | 0.02% |
| Genuine Parts Co. |
No change
1,666
|
$230,441,000 | 0.02% |
| Seagate Technology Hldngs Pl |
No change
2,213
|
$228,537,000 | 0.02% |
| Laboratory Corp Amer Hldgs |
Closed
1,029
|
$224,795,000 | |
| Aptiv PLC |
No change
3,185
|
$224,288,000 | 0.02% |
| Ulta Beauty Inc |
No change
581
|
$224,190,000 | 0.02% |
| Huntington Bancshares, Inc. |
No change
16,958
|
$223,506,000 | 0.02% |
| PTC Inc |
No change
1,228
|
$223,091,000 | 0.02% |
| Regions Financial Corp. |
No change
11,063
|
$221,703,000 | 0.02% |
| Expedia Group Inc |
No change
1,752
|
$220,734,000 | 0.02% |
| Cincinnati Finl Corp |
No change
1,818
|
$214,706,000 | 0.02% |
| Citizens Finl Group Inc |
No change
5,889
|
$212,181,000 | 0.02% |
| Hologic, Inc. |
No change
2,853
|
$211,835,000 | 0.02% |
| Darden Restaurants, Inc. |
No change
1,397
|
$211,394,000 | 0.02% |
| Dominos Pizza Inc |
No change
409
|
$211,179,000 | 0.02% |
| Teledyne Technologies Inc |
No change
544
|
$211,061,000 | 0.02% |
| Principal Financial Group In |
No change
2,678
|
$210,089,000 | 0.02% |
| Omnicom Group, Inc. |
No change
2,342
|
$210,077,000 | 0.02% |
| Labcorp Holdings Inc. |
Opened
1,029
|
$209,412,000 | 0.02% |
| Berkley W R Corp |
Closed
2,354
|
$208,188,000 | |
| Cboe Global Mkts Inc |
No change
1,210
|
$205,773,000 | 0.02% |
| Align Technology, Inc. |
No change
849
|
$204,974,000 | 0.02% |
| Northern Tr Corp |
No change
2,422
|
$203,400,000 | 0.02% |
| Waters Corp. |
No change
700
|
$203,084,000 | 0.02% |
| Cooper Cos Inc |
No change
2,292
|
$200,092,000 | 0.02% |
| Skyworks Solutions, Inc. |
Closed
1,847
|
$200,067,000 | |
| Warner Bros. Discovery, Inc. |
No change
25,966
|
$193,187,000 | 0.02% |
| Keycorp |
No change
11,501
|
$163,429,000 | 0.01% |
| Viatris Inc. |
No change
14,170
|
$150,627,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 219 holdings | |||
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