Envoi is an investment fund managing more than $30.5 billion ran by Brad Brunell. There are currently 10 companies in Mr. Brunell’s portfolio. The largest investments include Medtronic Plc and Dycom Inds Inc, together worth $25.9 billion.
As of 6th August 2024, Envoi’s top holding is 300,000 shares of Medtronic Plc currently worth over $23.6 billion and making up 77.5% of the portfolio value.
Relative to the number of outstanding shares of Medtronic Plc, Envoi owns more than approximately 0.1% of the company.
In addition, the fund holds 13,653 shares of Dycom Inds Inc worth $2.3 billion.
The third-largest holding is Carlisle Cos Inc worth $898 million and the next is Berkshire Hathaway worth $814 million, with 2,000 shares owned.
Currently, Envoi's portfolio is worth at least $30.5 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 Envoi office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Brad Brunell serves as the Managing Director at Envoi.
In the most recent 13F filing, Envoi revealed that it had increased its stake in
Dycom Inds Inc and bought 3,016 additional shares worth around .
On the other hand, there are companies that Envoi is getting rid of from its portfolio.
Envoi closed its position in Apple Inc on 13th August 2024.
It sold the previously owned 5,869 shares for $1.01 billion.
Brad Brunell also disclosed a decreased stake in Berkshire Hathaway by 0.4%.
This leaves the value of the investment at $814 million and 2,000 shares.
The two most similar investment funds to Envoi are Systematic Portfolios and Lord, Abbett & Co. They manage $30.4 billion and $30.4 billion respectively.
Envoi’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Health Care — making up 77.5% of
the total portfolio value.
The fund focuses on investments in the Ireland as
10.0% of the portfolio companies
are based in the Ireland.
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
30% 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 $885 billion.
These positions were updated on August 13th 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 |
|---|---|---|---|
| Medtronic Plc |
No change
300,000
|
$23,613,000,000 | 77.51% |
| Dycom Inds Inc |
28.35%
13,653
|
$2,304,080,000 | 7.56% |
| Apple Inc |
Closed
5,869
|
$1,006,416,000 | |
| Carlisle Cos Inc |
No change
2,217
|
$898,351,000 | 2.95% |
| Berkshire Hathaway Inc. |
38.48%
2,000
|
$813,600,000 | 2.67% |
| NVIDIA Corp |
Closed
887
|
$801,458,000 | |
| Spdr S&p 500 Etf Tr |
No change
1,406
|
$765,173,000 | 2.51% |
| Amazon.com Inc. |
Closed
3,213
|
$579,561,000 | |
| Invesco Exchange Traded Fd T |
No change
3,270
|
$537,196,000 | 1.76% |
| Microsoft Corporation |
70.92%
1,105
|
$493,880,000 | 1.62% |
| Alphabet Inc |
Closed
5,358
|
$812,596,000 | |
| Ishares Tr |
12.45%
1,441
|
$444,793,000 | 1.46% |
| Vanguard Index Fds |
No change
766
|
$383,100,000 | 1.26% |
| Meta Platforms Inc |
Closed
783
|
$380,209,000 | |
| Progressive Corp. |
Closed
1,790
|
$370,208,000 | |
| Floor & Decor Holdings Inc |
Closed
2,750
|
$356,455,000 | |
| Booking Holdings Inc |
Closed
98
|
$355,532,000 | |
| Schwab Charles Corp |
Closed
4,325
|
$312,870,000 | |
| American Express Co. |
Closed
1,350
|
$307,381,000 | |
| Tempur Sealy International Inc |
Closed
5,290
|
$300,578,000 | |
| Analog Devices Inc. |
Closed
1,365
|
$269,983,000 | |
| Broadcom Inc. |
Closed
200
|
$265,082,000 | |
| Thor Inds Inc |
Closed
2,182
|
$256,036,000 | |
| JPMorgan Chase & Co. |
Closed
1,201
|
$240,560,000 | |
| Eli Lilly & Co |
Closed
306
|
$238,056,000 | |
| Moelis & Co |
Closed
4,115
|
$233,609,000 | |
| Arista Networks Inc |
Closed
735
|
$213,135,000 | |
| Armstrong World Inds Inc New |
Closed
1,715
|
$213,037,000 | |
| General Mls Inc |
No change
3,312
|
$209,517,000 | 0.69% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||