M. Kraus & Co 13F annual report
M. Kraus & Co is an investment fund managing more than $326 billion ran by Denise Dalton. There are currently 80 companies in Mrs. Dalton’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $54.8 billion.
$326 billion Assets Under Management (AUM)
As of 3rd July 2024, M. Kraus & Co’s top holding is 78,962 shares of Microsoft currently worth over $35.3 billion and making up 10.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, M. Kraus & Co owns more than approximately 0.1% of the company.
In addition, the fund holds 106,519 shares of Alphabet Inc worth $19.5 billion, whose value grew 32.8% in the past six months.
The third-largest holding is Berkshire Hathaway - B worth $19.2 billion and the next is Thermo Fisher Scientific worth $17.7 billion, with 31,974 shares owned.
Currently, M. Kraus & Co's portfolio is worth at least $326 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 M. Kraus & Co
The M. Kraus & Co office and employees reside in Shelburne, Vermont. According to the last 13-F report filed with the SEC, Denise Dalton serves as the CCO at M. Kraus & Co.
Recent trades
In the most recent 13F filing, M. Kraus & Co revealed that it had opened a new position in
Texas Instruments and bought 1,084 shares worth $211 million.
This means they effectively own approximately 0.1% of the company.
Texas Instruments makes up
0.3%
of the fund's Technology sector allocation and has grown its share price by 11.5% in the past year.
The investment fund also strengthened its position in Linde Plc by buying
129 additional shares.
This makes their stake in Linde Plc total 15,971 shares worth $7.01 billion.
Linde Plc soared 17.3% in the past year.
On the other hand, there are companies that M. Kraus & Co is getting rid of from its portfolio.
M. Kraus & Co closed its position in Bristol-Myers Squibb Co on 10th July 2024.
It sold the previously owned 4,279 shares for $232 million.
Denise Dalton also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $35.3 billion and 78,962 shares.
One of the smaller hedge funds
The two most similar investment funds to M. Kraus & Co are Uncommon Cents Investing and Old Port Advisors. They manage $327 billion and $327 billion respectively.
Denise Dalton investment strategy
M. Kraus & Co’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 21.9% of
the total portfolio value.
The fund focuses on investments in the United States as
63.7% 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
65% 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 $275 billion.
The complete list of M. Kraus & Co trades based on 13F SEC filings
These positions were updated on July 10th 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 |
1.24%
78,962
|
$35,291,872,000 | 10.82% |
| Alphabet Inc |
1.40%
106,519
|
$19,537,715,000 | 5.99% |
| Berkshire Hathaway - B |
0.83%
47,075
|
$19,150,110,000 | 5.87% |
| Thermo Fisher Scientific Inc. |
0.95%
31,974
|
$17,681,637,000 | 5.42% |
| L3 Harris Technologies |
2.56%
53,068
|
$11,918,049,000 | 3.65% |
| Church & Dwight Co., Inc. |
1.46%
104,272
|
$10,810,948,000 | 3.31% |
| Procter & Gamble Co. |
1.51%
63,312
|
$10,441,370,000 | 3.20% |
| NextEra Energy Inc |
1.28%
145,420
|
$10,297,190,000 | 3.16% |
| Illinois Tool Works, Inc. |
1.52%
43,281
|
$10,255,866,000 | 3.14% |
| Norfolk Southern Corp. |
2.84%
46,438
|
$9,969,810,000 | 3.06% |
| Ecolab, Inc. |
1.20%
40,570
|
$9,655,738,000 | 2.96% |
| Carrier Global Corporation |
1.05%
152,989
|
$9,650,564,000 | 2.96% |
| Pepsico Inc. |
1.22%
56,935
|
$9,390,342,000 | 2.88% |
| Rockwell Automation Inc |
0.30%
33,629
|
$9,257,432,000 | 2.84% |
| Microchiptechnology |
0.71%
99,928
|
$9,143,425,000 | 2.80% |
| Abbott Laboratories |
2.34%
83,276
|
$8,653,242,000 | 2.65% |
| Raytheon Technologies Corp |
0.85%
83,910
|
$8,423,691,000 | 2.58% |
| Mondelez International Inc. |
1.24%
124,672
|
$8,158,513,000 | 2.50% |
| Johnson & Johnson |
1.00%
53,376
|
$7,801,426,000 | 2.39% |
| Cisco Systems, Inc. |
2.18%
160,115
|
$7,607,066,000 | 2.33% |
| Abbvie Inc |
0.31%
41,318
|
$7,086,813,000 | 2.17% |
| Linde Plc. |
0.81%
15,971
|
$7,008,235,000 | 2.15% |
| Fiserv, Inc. |
0.23%
47,022
|
$7,008,159,000 | 2.15% |
| Accenture plc |
81.58%
19,778
|
$6,000,843,000 | 1.84% |
| Apple Inc |
2.16%
27,884
|
$5,872,832,000 | 1.80% |
| Becton, Dickinson |
1.62%
24,939
|
$5,828,532,000 | 1.79% |
| Enbridge Inc |
1.69%
142,213
|
$5,061,361,000 | 1.55% |
| Disney, Walt |
3.45%
33,713
|
$3,347,364,000 | 1.03% |
| Otis Worldwide Corporation |
0.50%
30,042
|
$2,891,860,000 | 0.89% |
| Verizon Communications Inc |
8.55%
62,813
|
$2,590,398,000 | 0.79% |
| Conocophillips |
2.58%
21,179
|
$2,422,454,000 | 0.74% |
| Amazon.com Inc. |
2.20%
9,276
|
$1,792,587,000 | 0.55% |
| J.p. Morgan Chase |
1.74%
8,758
|
$1,771,393,000 | 0.54% |
| Chevron Corp. |
0.36%
11,083
|
$1,733,603,000 | 0.53% |
| Merck & Co Inc |
1.52%
12,204
|
$1,510,855,000 | 0.46% |
| Alphabet Inc |
3.19%
6,467
|
$1,177,954,000 | 0.36% |
| AMGEN Inc. |
0.27%
3,629
|
$1,133,872,000 | 0.35% |
| Ibm |
3.12%
6,202
|
$1,072,636,000 | 0.33% |
| Exxon Mobil Corp. |
3.49%
8,272
|
$952,273,000 | 0.29% |
| Midcap Spdr Trust Series 1 |
No change
1,700
|
$909,636,000 | 0.28% |
| Lilly, Eli |
2.86%
985
|
$891,799,000 | 0.27% |
| NVIDIA Corp |
953.27%
6,920
|
$854,897,000 | 0.26% |
| Home Depot, Inc. |
No change
2,326
|
$800,702,000 | 0.25% |
| Ishares Russell 2000 Etf |
3.57%
3,625
|
$735,476,000 | 0.23% |
| Mastercard Incorporated |
No change
1,621
|
$715,120,000 | 0.22% |
| Costco Companies, Inc. |
No change
820
|
$696,992,000 | 0.21% |
| Spdr Gold Trust |
No change
2,915
|
$626,754,000 | 0.19% |
| Flexshares Quality Dividend In |
No change
9,000
|
$598,590,000 | 0.18% |
| Mcdonald's Corp. |
2.28%
2,247
|
$572,596,000 | 0.18% |
| Pfizer Inc. |
1.21%
19,195
|
$537,076,000 | 0.16% |
| Vanguard Total Stock Mkt Etf |
No change
1,994
|
$533,415,000 | 0.16% |
| Visa Inc |
1.45%
1,745
|
$457,968,000 | 0.14% |
| Broadcom Inc. |
No change
277
|
$444,732,000 | 0.14% |
| Coca-Cola Co |
No change
6,940
|
$441,732,000 | 0.14% |
| Walmart Inc |
2.49%
6,168
|
$417,635,000 | 0.13% |
| Honeywell International Inc |
8.64%
1,887
|
$403,003,000 | 0.12% |
| Union Pacific Corp. |
No change
1,747
|
$395,276,000 | 0.12% |
| Paychex Inc. |
4.49%
3,023
|
$358,369,000 | 0.11% |
| Unitedhealth Group Inc |
No change
645
|
$328,473,000 | 0.10% |
| TJX Companies, Inc. |
No change
2,933
|
$322,923,000 | 0.10% |
| Dover Corp. |
No change
1,750
|
$315,787,000 | 0.10% |
| Kimberly-Clark Corp. |
3.18%
2,273
|
$314,118,000 | 0.10% |
| Yum! Brands, Inc. |
No change
2,332
|
$308,897,000 | 0.09% |
| Oracle Corp. |
No change
2,166
|
$305,839,000 | 0.09% |
| Ishares S&p 500 Growth Etf |
No change
3,100
|
$286,874,000 | 0.09% |
| 3M Co. |
8.60%
2,765
|
$282,555,000 | 0.09% |
| General Dynamics Corp. |
No change
906
|
$262,867,000 | 0.08% |
| Vanguard S&p 500 Etf |
No change
525
|
$262,568,000 | 0.08% |
| Philip Morris Int'l |
5.62%
2,520
|
$255,352,000 | 0.08% |
| Donaldson Co. Inc. |
1.71%
3,450
|
$246,882,000 | 0.08% |
| Deere & Co. |
7.35%
630
|
$235,387,000 | 0.07% |
| Bristol-Myers Squibb Co. |
Closed
4,279
|
$232,050,000 | |
| Spdr S&p 500 Etf |
No change
426
|
$231,838,000 | 0.07% |
| Eaton Corporation |
No change
717
|
$224,815,000 | 0.07% |
| Duke Energy Corp. |
2.29%
2,229
|
$223,428,000 | 0.07% |
| Nike, Inc. |
No change
2,893
|
$218,045,000 | 0.07% |
| Stryker Corp. |
No change
624
|
$212,316,000 | 0.07% |
| Texas Instruments Inc. |
Opened
1,084
|
$210,871,000 | 0.06% |
| Brookfield Infrastructure Part |
Closed
6,628
|
$206,870,000 | |
| American Express Co. |
2.77%
878
|
$203,301,000 | 0.06% |
| United Parcel Service, Inc. |
5.84%
1,482
|
$202,798,000 | 0.06% |
| Nucor Corp. |
Closed
1,015
|
$200,868,000 | |
| Gologiq Inc - Restricted Share |
No change
17,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||
Hedge funds similar to M. Kraus & Co
- Denali Advisors
- Brave Asset Management Inc
- Pfw Advisors
- Bienville Capital Management
- Source Advisors
- Old Port Advisors
- Uncommon Cents Investing
- Cook Street Consulting
- Lead Edge Capital Management
- Wagner Wealth Management
- Cornerstone Wealth Advisors
- Oakwell Private Wealth Management
- Absolute Gestao De Investimentos Ltda
- Pacifica Capital Investments