Shone Asset Management 13F annual report
Shone Asset Management is an investment fund managing more than $112 million ran by Mark Shone. There are currently 22 companies in Mr. Shone’s portfolio. The largest investments include Spdr Ser Tr and Flexshares Tr, together worth $55 million.
$112 million Assets Under Management (AUM)
As of 13th October 2020, Shone Asset Management’s top holding is 584,303 shares of Spdr Ser Tr currently worth over $25.9 million and making up 23.1% of the portfolio value.
In addition, the fund holds 753,859 shares of Flexshares Tr worth $29.1 million.
The third-largest holding is American Centy Etf Tr worth $9.86 million and the next is Vanguard Whitehall Fds worth $7.13 million, with 97,057 shares owned.
Currently, Shone Asset Management's portfolio is worth at least $112 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 Shone Asset Management
The Shone Asset Management office and employees reside in Walnut Creek, California. According to the last 13-F report filed with the SEC, Mark Shone serves as the Owner & Chief Compliance Officer at Shone Asset Management.
Recent trades
In the most recent 13F filing, Shone Asset Management revealed that it had opened a new position in
Eyenovia and bought 18,908 shares worth $69 thousand.
This means they effectively own approximately 0.1% of the company.
Eyenovia makes up
14.3%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
12,303 additional shares.
This makes their stake in Spdr Ser Tr total 584,303 shares worth $25.9 million.
On the other hand, Mark Shone disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $5.22 million and 22,007 shares.
One of the smallest hedge funds
The two most similar investment funds to Shone Asset Management are University Of Massachusetts Foundation and 1492 Capital Management. They manage $112 million and $112 million respectively.
Mark Shone investment strategy
Shone Asset Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 3.0% of
the total portfolio value.
The fund focuses on investments in the United States as
45.5% 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
45% of the total holdings value.
On the other hand, small-cap stocks make up only 4.5% of the portfolio.
The average market cap of the portfolio companies is close to $528 billion.
The complete list of Shone Asset Management trades based on 13F SEC filings
These positions were updated on October 20th 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 Ser Tr |
2.15%
584,303
|
$25,861,000 | 23.07% |
| Flexshares Tr |
4.24%
753,859
|
$29,112,000 | 25.97% |
| American Centy Etf Tr |
8.58%
202,672
|
$9,856,000 | 8.79% |
| Vanguard Whitehall Fds |
35.53%
97,057
|
$7,128,000 | 6.36% |
| Ishares Tr |
0.77%
163,351
|
$25,201,000 | 22.48% |
| Vanguard Index Fds |
1.68%
22,007
|
$5,223,000 | 4.66% |
| Apple, Inc. |
301.30%
21,678
|
$2,617,000 | 2.33% |
| Schwab Strategic Tr |
2.06%
21,974
|
$1,805,000 | 1.61% |
| Ishares Inc |
0.32%
13,679
|
$742,000 | 0.66% |
| Microsoft Corp. |
0.66%
3,366
|
$739,000 | 0.66% |
| SVB Financial Group |
No change
2,564
|
$701,000 | 0.63% |
| Vanguard Scottsdale Fds |
0.08%
5,068
|
$420,000 | 0.37% |
| UnitedHealth Group, Inc. |
9.25%
1,275
|
$414,000 | 0.37% |
| Adobe Systems Incorporated |
No change
561
|
$281,000 | 0.25% |
| Starbucks Corp. |
0.50%
3,037
|
$270,000 | 0.24% |
| Alphabet, Inc. |
No change
302
|
$470,000 | 0.42% |
| The Home Depot, Inc. |
0.68%
893
|
$257,000 | 0.23% |
| Oracle Corp. |
No change
3,964
|
$240,000 | 0.21% |
| Johnson Johnson |
No change
1,623
|
$239,000 | 0.21% |
| Visa, Inc. |
No change
1,137
|
$227,000 | 0.20% |
| Yum China Holdings, Inc. |
0.60%
4,127
|
$220,000 | 0.20% |
| Eyenovia, Inc. |
Opened
18,908
|
$69,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 22 holdings | |||
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