Enhancing Capital 13F annual report
Enhancing Capital is an investment fund managing more than $80.8 million ran by Derrik Brown. There are currently 75 companies in Brown’s portfolio. The largest investments include Microsoft and NextEra Inc, together worth $10.3 million.
$80.8 million Assets Under Management (AUM)
As of 4th October 2022, Enhancing Capital’s top holding is 25,876 shares of Microsoft currently worth over $6.06 million and making up 7.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Enhancing Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 55,771 shares of NextEra Inc worth $4.28 million, whose value fell 9.3% in the past six months.
The third-largest holding is Chevron worth $3.29 million and the next is JPMorgan Chase & Co worth $2.91 million, with 27,477 shares owned.
Currently, Enhancing Capital's portfolio is worth at least $80.8 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 Enhancing Capital
The Enhancing Capital office and employees reside in Harrisburg, Pennsylvania. According to the last 13-F report filed with the SEC, Derrik Brown serves as the Chief Compliance Officer at Enhancing Capital.
Recent trades
In the most recent 13F filing, Enhancing Capital revealed that it had opened a new position in
Linkbancorp Inc and bought 65,700 shares worth $495 thousand.
The investment fund also strengthened its position in Alphabet Inc by buying
5,871 additional shares.
This makes their stake in Alphabet Inc total 6,180 shares worth $610 thousand.
Alphabet Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Enhancing Capital is getting rid of from its portfolio.
Enhancing Capital closed its position in YETI Inc on 11th October 2022.
It sold the previously owned 5,835 shares for $252 thousand.
Derrik Brown also disclosed a decreased stake in PPL Corp by approximately 0.1%.
This leaves the value of the investment at $668 thousand and 27,080 shares.
One of the smallest hedge funds
The two most similar investment funds to Enhancing Capital are Watershed Asset Management, L.L.C and Franklin Square L.P.. They manage $80.8 million and $80.8 million respectively.
Derrik Brown investment strategy
Enhancing Capital’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 12.8% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
63% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $222 billion.
The complete list of Enhancing Capital trades based on 13F SEC filings
These positions were updated on October 11th 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 |
|---|---|---|---|
| Microsoft Corporation |
No change
25,876
|
$6,061,000 | 7.50% |
| NextEra Energy Inc |
No change
55,771
|
$4,279,000 | 5.30% |
| Chevron Corp. |
No change
20,550
|
$3,289,000 | 4.07% |
| JPMorgan Chase & Co. |
No change
27,477
|
$2,912,000 | 3.60% |
| Lilly Eli & Co |
No change
8,300
|
$2,711,000 | 3.35% |
| Bristol-Myers Squibb Co. |
No change
37,300
|
$2,600,000 | 3.22% |
| Johnson & Johnson |
No change
15,925
|
$2,551,000 | 3.16% |
| American Elec Pwr Co Inc |
No change
30,300
|
$2,515,000 | 3.11% |
| Texas Instrs Inc |
No change
13,246
|
$2,110,000 | 2.61% |
| Waste Mgmt Inc Del |
No change
13,295
|
$2,064,000 | 2.55% |
| Costco Whsl Corp New |
No change
4,255
|
$1,992,000 | 2.47% |
| Merck & Co Inc |
No change
22,182
|
$1,943,000 | 2.40% |
| Pfizer Inc. |
No change
41,600
|
$1,761,000 | 2.18% |
| Disney Walt Co |
No change
17,200
|
$1,671,000 | 2.07% |
| Alliant Energy Corp. |
No change
31,560
|
$1,567,000 | 1.94% |
| Fulton Finl Corp Pa |
No change
95,826
|
$1,564,000 | 1.94% |
| Berkshire Hathaway Inc. |
No change
5,793
|
$1,559,000 | 1.93% |
| Cummins Inc. |
No change
6,857
|
$1,495,000 | 1.85% |
| Sempra |
No change
9,300
|
$1,367,000 | 1.69% |
| Cisco Sys Inc |
No change
33,868
|
$1,364,000 | 1.69% |
| Raytheon Technologies Corporation |
No change
15,381
|
$1,292,000 | 1.60% |
| Conocophillips |
No change
10,900
|
$1,292,000 | 1.60% |
| Exxon Mobil Corp. |
No change
11,540
|
$1,166,000 | 1.44% |
| General Mls Inc |
No change
14,900
|
$1,123,000 | 1.39% |
| Ferrari N.V. |
No change
5,936
|
$1,098,000 | 1.36% |
| Unitedhealth Group Inc |
No change
2,050
|
$1,035,000 | 1.28% |
| Visa Inc |
No change
5,604
|
$1,030,000 | 1.27% |
| WEC Energy Group Inc |
No change
11,706
|
$1,001,000 | 1.24% |
| Amazon.com Inc. |
No change
8,380
|
$960,000 | 1.19% |
| L3Harris Technologies Inc |
No change
4,252
|
$954,000 | 1.18% |
| Honeywell International Inc |
No change
5,508
|
$944,000 | 1.17% |
| Energy Transfer L P |
No change
80,640
|
$931,000 | 1.15% |
| Xcel Energy Inc. |
No change
15,500
|
$928,000 | 1.15% |
| Mcdonalds Corp |
No change
3,745
|
$873,000 | 1.08% |
| Republic Svcs Inc |
No change
6,547
|
$846,000 | 1.05% |
| Apple Inc |
No change
5,795
|
$812,000 | 1.00% |
| Price T Rowe Group Inc |
No change
7,650
|
$812,000 | 1.00% |
| Home Depot, Inc. |
No change
2,685
|
$763,000 | 0.94% |
| Walmart Inc |
No change
5,846
|
$752,000 | 0.93% |
| Intel Corp. |
No change
28,900
|
$743,000 | 0.92% |
| Oracle Corp. |
No change
11,470
|
$726,000 | 0.90% |
| Verizon Communications Inc |
No change
19,200
|
$708,000 | 0.88% |
| PPL Corp |
0.50%
27,080
|
$668,000 | 0.83% |
| Coca-Cola Co |
No change
12,230
|
$667,000 | 0.83% |
| Alphabet Inc |
1,900.00%
6,180
|
$610,000 | 0.75% |
| Genuine Parts Co. |
No change
3,710
|
$571,000 | 0.71% |
| Garmin Ltd |
No change
6,832
|
$545,000 | 0.67% |
| Phillips 66 |
No change
5,500
|
$509,000 | 0.63% |
| NVIDIA Corp |
No change
4,200
|
$507,000 | 0.63% |
| Linkbancorp Inc |
Opened
65,700
|
$495,000 | 0.61% |
| Lowes Cos Inc |
No change
2,500
|
$493,000 | 0.61% |
| Mastercard Incorporated |
72.16%
1,670
|
$493,000 | 0.61% |
| Moodys Corp |
No change
2,000
|
$491,000 | 0.61% |
| Public Svc Enterprise Grp In |
No change
8,000
|
$443,000 | 0.55% |
| ServiceNow Inc |
No change
1,073
|
$430,000 | 0.53% |
| Corteva Inc |
No change
6,868
|
$418,000 | 0.52% |
| Abbott Labs |
No change
3,800
|
$387,000 | 0.48% |
| Magellan Midstream Prtnrs Lp |
No change
7,871
|
$376,000 | 0.47% |
| Autodesk Inc. |
No change
1,803
|
$351,000 | 0.43% |
| Lamb Weston Holdings Inc |
No change
4,240
|
$351,000 | 0.43% |
| Ecolab, Inc. |
No change
2,436
|
$350,000 | 0.43% |
| Procter And Gamble Co |
No change
2,400
|
$298,000 | 0.37% |
| Marriott Intl Inc New |
No change
2,070
|
$293,000 | 0.36% |
| Abbvie Inc |
No change
2,000
|
$278,000 | 0.34% |
| Colgate-Palmolive Co. |
No change
4,000
|
$276,000 | 0.34% |
| Target Corp |
No change
1,700
|
$259,000 | 0.32% |
| Sherwin-Williams Co. |
No change
1,242
|
$255,000 | 0.32% |
| YETI Holdings Inc |
Closed
5,835
|
$252,000 | |
| Clorox Co. |
No change
2,000
|
$252,000 | 0.31% |
| United Parcel Service, Inc. |
No change
1,492
|
$237,000 | 0.29% |
| Copart, Inc. |
Opened
2,121
|
$233,000 | 0.29% |
| Air Prods & Chems Inc |
No change
1,000
|
$232,000 | 0.29% |
| Ppg Inds Inc |
No change
2,000
|
$229,000 | 0.28% |
| Diageo plc |
No change
1,350
|
$226,000 | 0.28% |
| Enterprise Prods Partners L |
No change
8,960
|
$224,000 | 0.28% |
| Philip Morris International Inc |
Closed
2,096
|
$207,000 | |
| Travelers Companies Inc. |
Closed
1,200
|
$203,000 | |
| Vanguard Specialized Funds |
Closed
1,400
|
$201,000 | |
| M & T Bk Corp |
Opened
1,100
|
$200,000 | 0.25% |
| No transactions found | |||
| Showing first 500 out of 79 holdings | |||
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