Focused Investors 13F annual report
Focused Investors is an investment fund managing more than $3.08 trillion ran by Beverly Tecson. There are currently 23 companies in Mrs. Tecson’s portfolio. The largest investments include Elevance Health, Inc. and Unitedhealth Inc, together worth $466 billion.
$3.08 trillion Assets Under Management (AUM)
As of 23rd July 2024, Focused Investors’s top holding is 468,100 shares of Elevance Health, Inc. currently worth over $254 billion and making up 8.2% of the portfolio value.
In addition, the fund holds 417,250 shares of Unitedhealth Inc worth $212 billion, whose value grew 10.9% in the past six months.
The third-largest holding is Microsoft worth $189 billion and the next is Fiserv worth $188 billion, with 1,262,500 shares owned.
Currently, Focused Investors's portfolio is worth at least $3.08 trillion. 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 Focused Investors
The Focused Investors office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Beverly Tecson serves as the Chief Operating Officer / Chief Compliance Officer at Focused Investors.
Recent trades
In the most recent 13F filing, Focused Investors revealed that it had increased its stake in
Unitedhealth Inc and bought 40,600 additional shares worth around $23 million.
This means they effectively own approximately 0.1% of the company.
Unitedhealth Inc makes up
37.4%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, Beverly Tecson disclosed a decreased stake in Elevance Health, Inc. by approximately 0.1%.
This leaves the value of the investment at $254 billion and 468,100 shares.
One of the largest hedge funds
The two most similar investment funds to Focused Investors are Deerfield Management Company, L.P.. (series C) and Mutual Advisors. They manage $3.09 trillion and $3.07 trillion respectively.
Beverly Tecson investment strategy
Focused Investors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 18.5% of
the total portfolio value.
The fund focuses on investments in the United States as
69.6% 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
70% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $256 billion.
The complete list of Focused Investors trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Elevance Health, Inc. |
2.86%
468,100
|
$253,644,666,000 | 8.24% |
| Unitedhealth Group Inc |
10.78%
417,250
|
$212,488,735,000 | 6.90% |
| Microsoft Corporation |
12.13%
423,650
|
$189,350,367,000 | 6.15% |
| Fiserv, Inc. |
11.14%
1,262,500
|
$188,163,000,000 | 6.11% |
| Cigna Group (The) |
2.83%
549,900
|
$181,780,443,000 | 5.90% |
| Johnson & Johnson |
2.79%
1,192,150
|
$174,244,644,000 | 5.66% |
| Morgan Stanley |
2.74%
1,649,700
|
$160,334,343,000 | 5.21% |
| Oracle Corp. |
15.66%
1,104,700
|
$155,983,640,000 | 5.07% |
| Goldman Sachs Group, Inc. |
2.83%
340,400
|
$153,969,728,000 | 5.00% |
| Fedex Corp |
2.77%
508,100
|
$152,348,704,000 | 4.95% |
| Mcdonald's Corporation |
2.82%
441,500
|
$112,511,860,000 | 3.65% |
| The Walt Disney Company |
12.03%
1,104,700
|
$109,685,663,000 | 3.56% |
| TJX Companies, Inc. |
2.73%
989,200
|
$108,910,920,000 | 3.54% |
| American Express Co. |
2.71%
458,800
|
$106,235,140,000 | 3.45% |
| L3Harris Technologies Inc |
3.18%
462,850
|
$103,946,853,000 | 3.38% |
| Lowe's Companies, Inc. |
2.84%
468,600
|
$103,307,556,000 | 3.36% |
| Target Corp |
2.78%
688,700
|
$101,955,148,000 | 3.31% |
| Lockheed Martin Corp. |
2.78%
206,500
|
$96,456,150,000 | 3.13% |
| Northrop Grumman Corp. |
2.69%
220,300
|
$96,039,785,000 | 3.12% |
| Pepsico, Inc. |
2.71%
563,300
|
$92,905,069,000 | 3.02% |
| RTX Corp |
2.70%
804,050
|
$80,718,579,000 | 2.62% |
| Home Depot, Inc. |
2.81%
228,250
|
$78,572,780,000 | 2.55% |
| Coca-Cola Co |
2.76%
1,024,950
|
$65,238,067,000 | 2.12% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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