Grant Street Asset Management is an investment fund managing more than $319 billion ran by Michael Loch. There are currently 49 companies in Mr. Loch’s portfolio. The largest investments include J P Morgan Exchange Traded F and Ishares Tr, together worth $136 billion.
As of 7th August 2024, Grant Street Asset Management’s top holding is 1,432,676 shares of J P Morgan Exchange Traded F currently worth over $66.4 billion and making up 20.8% of the portfolio value.
In addition, the fund holds 224,329 shares of Ishares Tr worth $69.9 billion.
The third-largest holding is Harbor ETF Trust worth $34.7 billion and the next is Pacer Fds Tr worth $39 billion, with 782,717 shares owned.
Currently, Grant Street Asset Management's portfolio is worth at least $319 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.
The Grant Street Asset Management office and employees reside in Canonsburg, Pennsylvania. According to the last 13-F report filed with the SEC, Michael Loch serves as the Vice-President, CCO at Grant Street Asset Management.
In the most recent 13F filing, Grant Street Asset Management revealed that it had opened a new position in
Vanguard Malvern Fds and bought 49,645 shares worth $3.78 billion.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
36,808 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 1,432,676 shares worth $66.4 billion.
On the other hand, there are companies that Grant Street Asset Management is getting rid of from its portfolio.
Grant Street Asset Management closed its position in Vanguard Mun Bd Fds on 14th August 2024.
It sold the previously owned 6,529 shares for $330 million.
Michael Loch also disclosed a decreased stake in Invesco Exchange Traded Fd T by approximately 0.1%.
This leaves the value of the investment at $5.31 billion and 32,307 shares.
The two most similar investment funds to Grant Street Asset Management are Karpas Strategies and Xcel Wealth Management. They manage $319 billion and $319 billion respectively.
Grant Street Asset Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Miscellaneous — making up 10.9% of
the total portfolio value.
The fund focuses on investments in the United States as
38.8% 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
35% of the total holdings value.
On the other hand, small-cap stocks make up only 4.1% of the portfolio.
The average market cap of the portfolio companies is close to $421 billion.
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 |
|---|---|---|---|
| J P Morgan Exchange Traded F |
2.64%
1,432,676
|
$66,375,902,000 | 20.82% |
| Ishares Tr |
0.54%
224,329
|
$69,881,909,000 | 21.92% |
| Harbor ETF Trust |
2.18%
1,371,724
|
$34,690,904,000 | 10.88% |
| Pacer Fds Tr |
0.94%
782,717
|
$38,990,731,000 | 12.23% |
| Vanguard Admiral Fds Inc |
2.48%
143,438
|
$24,695,341,000 | 7.75% |
| First Tr Exchng Traded Fd Vi |
0.14%
1,288,645
|
$30,212,016,000 | 9.48% |
| Schwab Strategic Tr |
2.12%
184,606
|
$10,637,851,000 | 3.34% |
| Invesco Exchange Traded Fd T |
2.15%
32,307
|
$5,307,457,000 | 1.66% |
| Vanguard Index Fds |
2.11%
25,758
|
$5,781,895,000 | 1.81% |
| T Rowe Price Etf Inc |
2.52%
106,090
|
$4,084,463,000 | 1.28% |
| Vanguard Malvern Fds |
Opened
49,645
|
$3,778,970,000 | 1.19% |
| Apple Inc |
0.92%
15,378
|
$3,238,997,000 | 1.02% |
| Microsoft Corporation |
0.07%
5,490
|
$2,453,685,000 | 0.77% |
| Ishares Gold Tr |
Opened
33,900
|
$1,489,227,000 | 0.47% |
| Berkshire Hathaway Inc. |
No change
3,540
|
$1,440,072,000 | 0.45% |
| Vanguard World Fd |
2.63%
5,307
|
$1,411,678,000 | 0.44% |
| JPMorgan Chase & Co. |
No change
5,344
|
$1,080,920,000 | 0.34% |
| Amazon.com Inc. |
5.99%
5,380
|
$1,039,682,000 | 0.33% |
| Vanguard Bd Index Fds |
18.30%
19,266
|
$954,071,000 | 0.30% |
| Goldman Sachs Etf Tr |
18.20%
23,032
|
$809,246,000 | 0.25% |
| Abbvie Inc |
No change
3,531
|
$605,581,000 | 0.19% |
| Johnson & Johnson |
No change
3,916
|
$572,387,000 | 0.18% |
| Spdr S&p 500 Etf Tr |
No change
943
|
$512,990,000 | 0.16% |
| Disney Walt Co |
14.62%
5,032
|
$499,582,000 | 0.16% |
| Ishares Tr |
Opened
44,556
|
$990,721,000 | 0.31% |
| Alphabet Inc |
0.37%
4,863
|
$888,888,000 | 0.28% |
| Visa Inc |
0.69%
1,600
|
$419,955,000 | 0.13% |
| Caterpillar Inc. |
No change
1,244
|
$414,377,000 | 0.13% |
| Procter And Gamble Co |
No change
2,313
|
$381,380,000 | 0.12% |
| Applied Matls Inc |
No change
1,540
|
$363,482,000 | 0.11% |
| NVIDIA Corp |
Opened
2,911
|
$359,569,000 | 0.11% |
| Ishares Bitcoin Tr |
Opened
10,500
|
$358,470,000 | 0.11% |
| Vanguard Mun Bd Fds |
Closed
6,529
|
$330,378,000 | |
| Merck & Co Inc |
No change
2,627
|
$325,268,000 | 0.10% |
| Mcdonalds Corp |
No change
1,194
|
$304,279,000 | 0.10% |
| First Tr Exchng Traded Fd Vi |
Opened
16,126
|
$525,553,000 | 0.16% |
| Adobe Inc |
No change
538
|
$298,881,000 | 0.09% |
| RTX Corp |
No change
2,642
|
$265,252,000 | 0.08% |
| Range Res Corp |
No change
7,755
|
$260,026,000 | 0.08% |
| Waste Mgmt Inc Del |
No change
1,169
|
$249,436,000 | 0.08% |
| Pepsico Inc |
0.27%
1,510
|
$248,979,000 | 0.08% |
| Stryker Corp. |
No change
730
|
$248,383,000 | 0.08% |
| Dimensional Etf Trust |
1.97%
6,063
|
$217,919,000 | 0.07% |
| Abbott Labs |
No change
2,081
|
$216,216,000 | 0.07% |
| Corteva Inc |
No change
3,936
|
$212,308,000 | 0.07% |
| Select Sector Spdr Tr |
Opened
1,429
|
$208,313,000 | 0.07% |
| American Tower Corp. |
0.37%
1,068
|
$207,594,000 | 0.07% |
| Constellation Brands, Inc. |
No change
793
|
$203,987,000 | 0.06% |
| Invesco Pa Value Mun Inc Tr |
No change
10,000
|
$108,600,000 | 0.03% |
| Globalstar Inc. |
No change
20,000
|
$22,400,000 | 0.01% |
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