Prospect Hill Management 13F annual report
Prospect Hill Management is an investment fund managing more than $182 billion ran by John Mccolgan. There are currently 14 companies in Mr. Mccolgan’s portfolio. The largest investments include Apple Inc and Tesla Inc, together worth $128 billion.
$182 billion Assets Under Management (AUM)
As of 26th July 2024, Prospect Hill Management’s top holding is 513,821 shares of Apple Inc currently worth over $108 billion and making up 59.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Prospect Hill Management owns more than approximately 0.1% of the company.
In addition, the fund holds 99,506 shares of Tesla Inc worth $19.7 billion, whose value grew 15.4% in the past six months.
The third-largest holding is Bank Of America worth $12.3 billion and the next is Amazon.com worth $10.1 billion, with 52,118 shares owned.
Currently, Prospect Hill Management's portfolio is worth at least $182 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.
Careers at Prospect Hill Management
The Prospect Hill Management office and employees reside in Short Hills, New Jersey. According to the last 13-F report filed with the SEC, John Mccolgan serves as the President at Prospect Hill Management.
Recent trades
In the most recent 13F filing, Prospect Hill Management revealed that it had increased its stake in
Tesla Inc and bought 325 additional shares worth around $68 thousand.
This means they effectively own approximately 0.1% of the company.
Tesla Inc makes up
14.3%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 14.7% in the past year.
On the other hand, John Mccolgan disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $108 billion and 513,821 shares.
One of the smallest hedge funds
The two most similar investment funds to Prospect Hill Management are Alpha Dna Investment Management and Alhambra Investment Management. They manage $182 billion and $182 billion respectively.
John Mccolgan investment strategy
Prospect Hill Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 75.7% of
the total portfolio value.
The fund focuses on investments in the United States as
85.7% 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
93% 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 $590 billion.
The complete list of Prospect Hill Management trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Apple Inc |
0.06%
513,821
|
$108,220,979,000 | 59.39% |
| Tesla Inc |
0.33%
99,506
|
$19,690,247,000 | 10.80% |
| Bank Of America Corp. |
No change
308,750
|
$12,278,988,000 | 6.74% |
| Amazon.com Inc. |
0.19%
52,118
|
$10,071,804,000 | 5.53% |
| Intuitive Surgical Inc |
No change
14,325
|
$6,372,476,000 | 3.50% |
| Alphabet Inc |
0.18%
57,240
|
$10,464,391,000 | 5.74% |
| Netflix Inc. |
0.96%
6,196
|
$4,181,556,000 | 2.29% |
| Mastercard Incorporated |
No change
7,550
|
$3,330,758,000 | 1.83% |
| NVIDIA Corp |
901.95%
25,650
|
$3,168,801,000 | 1.74% |
| Thermo Fisher Scientific Inc. |
No change
3,400
|
$1,880,200,000 | 1.03% |
| NXP Semiconductors NV |
No change
6,135
|
$1,650,867,000 | 0.91% |
| Meta Platforms Inc |
0.71%
705
|
$355,475,000 | 0.20% |
| Microsoft Corporation |
No change
750
|
$335,213,000 | 0.18% |
| Jpmorgan Chase Co |
No change
1,150
|
$232,599,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 14 holdings | |||
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