Tcwp 13F annual report
Tcwp is an investment fund managing more than $35.4 billion ran by Todd Resnick. There are currently 33 companies in Mr. Resnick’s portfolio. The largest investments include Apple Inc and Blackrock Etf Trust, together worth $6.35 billion.
$35.4 billion Assets Under Management (AUM)
As of 7th February 2024, Tcwp’s top holding is 19,736 shares of Apple Inc currently worth over $3.8 billion and making up 10.7% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Tcwp owns more than approximately 0.1% of the company.
In addition, the fund holds 48,682 shares of Blackrock Etf Trust worth $2.55 billion.
The third-largest holding is Spdr Ser Tr worth $2.21 billion and the next is Microsoft worth $2.01 billion, with 5,342 shares owned.
Currently, Tcwp's portfolio is worth at least $35.4 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 Tcwp
The Tcwp office and employees reside in Beachwood, Ohio. According to the last 13-F report filed with the SEC, Todd Resnick serves as the Chief Compliance Officer at Tcwp.
Recent trades
In the most recent 13F filing, Tcwp revealed that it had opened a new position in
Vanguard Index Fds and bought 2,204 shares worth $513 million.
The investment fund also strengthened its position in Blackrock Etf Trust by buying
5,946 additional shares.
This makes their stake in Blackrock Etf Trust total 48,682 shares worth $2.55 billion.
On the other hand, there are companies that Tcwp is getting rid of from its portfolio.
Tcwp closed its position in Ishares Tr on 14th February 2024.
It sold the previously owned 327,163 shares for $29.9 billion.
Todd Resnick also disclosed a decreased stake in Apple Inc by 0.6%.
This leaves the value of the investment at $3.8 billion and 19,736 shares.
One of the smallest hedge funds
The two most similar investment funds to Tcwp are Timelo Investment Management and Brandytrust Global Partners, L.P.. They manage $35.4 billion and $35.4 billion respectively.
Todd Resnick investment strategy
Tcwp’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 16.7% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $477 billion.
The complete list of Tcwp trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Ishares Tr |
Closed
327,163
|
$29,909,271,000 | |
| Apple Inc |
61.71%
19,736
|
$3,799,772,000 | 10.74% |
| Royal Bk Cda |
Closed
35,227
|
$3,080,249,000 | |
| Blackrock Etf Trust |
13.91%
48,682
|
$2,548,004,000 | 7.20% |
| Vanguard Scottsdale Fds |
Closed
30,747
|
$2,336,157,000 | |
| Chevron Corp. |
Closed
13,389
|
$2,257,653,000 | |
| Spdr Ser Tr |
4.54%
39,585
|
$2,212,801,000 | 6.25% |
| Merck & Co Inc |
Closed
21,479
|
$2,211,263,000 | |
| AMGEN Inc. |
Closed
7,577
|
$2,036,395,000 | |
| Microsoft Corporation |
66.87%
5,342
|
$2,008,806,000 | 5.68% |
| Nucor Corp. |
Closed
11,118
|
$1,738,302,000 | |
| VanEck ETF Trust |
Closed
4,364
|
$1,505,755,000 | |
| Lockheed Martin Corp. |
Closed
3,533
|
$1,444,856,000 | |
| Ishares Tr |
5.92%
219,575
|
$13,210,734,000 | 37.33% |
| Vanguard World Fds |
Closed
6,747
|
$1,315,530,000 | |
| Verizon Communications Inc |
Closed
37,010
|
$1,199,508,000 | |
| Waste Mgmt Inc Del |
Closed
7,245
|
$1,104,451,000 | |
| NVIDIA Corp |
77.71%
1,971
|
$976,080,000 | 2.76% |
| Duke Energy Corp. |
Closed
10,976
|
$968,742,000 | |
| Marathon Pete Corp |
Closed
6,149
|
$930,638,000 | |
| Bristol-Myers Squibb Co. |
Closed
15,891
|
$922,317,000 | |
| Amazon.com Inc. |
77.70%
5,657
|
$859,524,000 | 2.43% |
| Devon Energy Corp. |
Closed
17,440
|
$831,888,000 | |
| Dimensional Etf Trust |
No change
11,789
|
$616,918,000 | 1.74% |
| Adobe Inc |
Closed
1,180
|
$601,682,000 | |
| Lowes Cos Inc |
1.61%
2,688
|
$598,215,000 | 1.69% |
| Exxon Mobil Corp. |
Closed
4,948
|
$581,786,000 | |
| Alphabet Inc |
77.20%
7,675
|
$1,076,581,000 | 3.04% |
| Unitedhealth Group Inc |
80.68%
1,059
|
$557,532,000 | 1.58% |
| Broadcom Inc. |
83.31%
487
|
$543,630,000 | 1.54% |
| Dimensional Etf Trust |
Closed
16,044
|
$523,355,000 | |
| Vanguard Index Fds |
Opened
2,204
|
$512,739,000 | 1.45% |
| Kraft Heinz Co |
Closed
14,434
|
$485,560,000 | |
| Qualcomm, Inc. |
Closed
4,225
|
$469,229,000 | |
| JPMorgan Chase & Co. |
82.07%
2,707
|
$460,461,000 | 1.30% |
| Abbvie Inc |
85.53%
2,618
|
$405,676,000 | 1.15% |
| NextEra Energy Inc |
Closed
6,993
|
$400,629,000 | |
| Schwab Strategic Tr |
7.57%
8,474
|
$395,045,000 | 1.12% |
| Blackrock Etf Trust |
Opened
8,474
|
$370,568,000 | 1.05% |
| Johnson & Johnson |
Closed
2,377
|
$370,227,000 | |
| Costco Whsl Corp New |
87.15%
546
|
$360,403,000 | 1.02% |
| RTX Corp |
Closed
4,956
|
$356,698,000 | |
| Meta Platforms Inc |
6.69%
941
|
$333,076,000 | 0.94% |
| Pepsico Inc |
Closed
1,945
|
$329,561,000 | |
| Vanguard Intl Equity Index F |
Closed
8,307
|
$325,717,000 | |
| Salesforce Inc |
Closed
1,605
|
$325,462,000 | |
| Advanced Micro Devices Inc. |
73.12%
2,188
|
$322,533,000 | 0.91% |
| Spdr Index Shs Fds |
Closed
9,675
|
$318,308,000 | |
| Abbott Labs |
1.07%
2,765
|
$304,344,000 | 0.86% |
| Eli Lilly & Co |
2.63%
508
|
$296,124,000 | 0.84% |
| Applied Matls Inc |
0.90%
1,797
|
$291,255,000 | 0.82% |
| Phillips 66 |
Closed
2,389
|
$287,087,000 | |
| Visa Inc |
91.07%
1,051
|
$273,627,000 | 0.77% |
| Zoetis Inc |
0.36%
1,380
|
$272,377,000 | 0.77% |
| Accenture Plc Ireland |
Closed
872
|
$267,813,000 | |
| Pfizer Inc. |
Closed
8,064
|
$267,487,000 | |
| Microchip Technology, Inc. |
Closed
3,330
|
$259,915,000 | |
| Seagate Technology Hldngs Pl |
Closed
3,874
|
$255,497,000 | |
| Kimco Rlty Corp |
Closed
13,861
|
$243,816,000 | |
| Home Depot, Inc. |
89.09%
699
|
$242,238,000 | 0.68% |
| Ishares Inc |
Opened
7,466
|
$239,352,000 | 0.68% |
| Mcdonalds Corp |
33.14%
803
|
$238,098,000 | 0.67% |
| Texas Instrs Inc |
Closed
1,455
|
$231,382,000 | |
| Shell Plc |
Closed
3,580
|
$230,491,000 | |
| Synopsys, Inc. |
7.21%
425
|
$218,837,000 | 0.62% |
| Oracle Corp. |
15.72%
2,058
|
$216,991,000 | 0.61% |
| Palo Alto Networks Inc |
91.99%
720
|
$212,313,000 | 0.60% |
| CSX Corp. |
Opened
6,076
|
$210,655,000 | 0.60% |
| Cisco Sys Inc |
91.20%
4,037
|
$203,949,000 | 0.58% |
| International Business Machs |
Closed
1,438
|
$201,781,000 | |
| AT&T Inc. |
Closed
10,216
|
$153,437,000 | |
| KeyCorp |
Closed
11,470
|
$123,421,000 | |
| Biocryst Pharmaceuticals Inc. |
Closed
13,500
|
$95,580,000 | |
| No transactions found | |||
| Showing first 500 out of 73 holdings | |||
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