Truvvo Partners 13F annual report
Truvvo Partners is an investment fund managing more than $5.99 million ran by Thomas Papa. There are currently 12 companies in Mr. Papa’s portfolio. The largest investments include Goldman Sachs and Apple Inc, together worth $2.51 million.
$5.99 million Assets Under Management (AUM)
As of 8th August 2022, Truvvo Partners’s top holding is 5,000 shares of Goldman Sachs currently worth over $1.49 million and making up 24.8% of the portfolio value.
Relative to the number of outstanding shares of Goldman Sachs, Truvvo Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 7,463 shares of Apple Inc worth $1.02 million, whose value fell 0.4% in the past six months.
The third-largest holding is Ishares Tr worth $771 thousand and the next is Vanguard Index Fds worth $743 thousand, with 2,132 shares owned.
Currently, Truvvo Partners's portfolio is worth at least $5.99 million. 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 Truvvo Partners
The Truvvo Partners office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Thomas Papa serves as the Chief Compliance Officer at Truvvo Partners.
Recent trades
In the most recent 13F filing, Truvvo Partners revealed that it had opened a new position in
Vanguard Index Fds and bought 2,132 shares worth $743 thousand.
The investment fund also strengthened its position in Ishares Tr by buying
9,786 additional shares.
This makes their stake in Ishares Tr total 12,331 shares worth $771 thousand.
On the other hand, there are companies that Truvvo Partners is getting rid of from its portfolio.
Truvvo Partners closed its position in Visa Inc on 15th August 2022.
It sold the previously owned 200,000 shares for $46.9 million.
Thomas Papa also disclosed a decreased stake in Goldman Sachs by 0.9%.
This leaves the value of the investment at $1.49 million and 5,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Truvvo Partners are Joseph R. Weiss and Lyxor Asset Management. They manage $5.97 million and $6.05 million respectively.
Thomas Papa investment strategy
Truvvo Partners’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Finance — making up 30.2% of
the total portfolio value.
The fund focuses on investments in the United States as
41.7% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $786 billion.
The complete list of Truvvo Partners trades based on 13F SEC filings
These positions were updated on August 15th 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 |
|---|---|---|---|
| Visa Inc |
Closed
200,000
|
$46,892,000 | |
| Intercontinental Exchange Inc |
Closed
372,360
|
$44,318,000 | |
| Cboe Global Markets Inc. |
Closed
151,072
|
$17,985,000 | |
| Vanguard Index Fds |
Closed
30,140
|
$6,716,000 | |
| First Horizon Corporation |
Closed
271,583
|
$4,734,000 | |
| Vanguard Scottsdale Fds |
Closed
39,369
|
$2,418,000 | |
| Goldman Sachs Group, Inc. |
86.84%
5,000
|
$1,485,000 | 24.80% |
| Dropbox Inc |
Closed
39,481
|
$1,197,000 | |
| Apple Inc |
31.23%
7,463
|
$1,020,000 | 17.03% |
| Hancock John Prem Divid Fd |
Closed
52,000
|
$881,000 | |
| Ishares Tr |
384.52%
12,331
|
$771,000 | 12.87% |
| Spdr Sp 500 Etf Tr |
Closed
1,783
|
$764,000 | |
| Vanguard Index Fds |
Opened
2,132
|
$743,000 | 12.41% |
| Laboratory Corp Amer Hldgs |
Closed
2,328
|
$642,000 | |
| DocuSign Inc |
Closed
2,240
|
$626,000 | |
| Ishares Tr |
Opened
11,765
|
$472,000 | 7.88% |
| Microsoft Corporation |
0.80%
1,518
|
$390,000 | 6.51% |
| Ishares Tr |
Closed
4,996
|
$609,000 | |
| Home Depot, Inc. |
2.20%
1,206
|
$331,000 | 5.53% |
| Mastercard Incorporated |
0.52%
962
|
$303,000 | 5.06% |
| Marriott Intl Inc New |
No change
2,212
|
$301,000 | 5.03% |
| Enterprise Prods Partners L |
Closed
9,061
|
$219,000 | |
| Energy Transfer L P |
Closed
12,276
|
$130,000 | |
| Transportadora De Gas Sur |
No change
20,710
|
$106,000 | 1.77% |
| Wisdomtree Invts Inc |
Closed
14,861
|
$92,000 | |
| Empresa Dist Y Comercial Nor |
No change
10,052
|
$44,000 | 0.73% |
| Grupo Supervielle S.A. |
No change
16,688
|
$23,000 | 0.38% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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