Fulton Breakefield Broenniman 13F annual report
Fulton Breakefield Broenniman is an investment fund managing more than $1.35 trillion ran by Michael Mussio. There are currently 144 companies in Mr. Mussio’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $157 billion.
$1.35 trillion Assets Under Management (AUM)
As of 31st July 2024, Fulton Breakefield Broenniman’s top holding is 189,470 shares of Microsoft currently worth over $84.7 billion and making up 6.3% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Fulton Breakefield Broenniman owns more than approximately 0.1% of the company.
In addition, the fund holds 342,463 shares of Apple Inc worth $72.1 billion, whose value grew 10.5% in the past six months.
The third-largest holding is Ishares Tr worth $298 billion and the next is Amazon.com worth $53 billion, with 274,371 shares owned.
Currently, Fulton Breakefield Broenniman's portfolio is worth at least $1.35 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 Fulton Breakefield Broenniman
The Fulton Breakefield Broenniman office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Michael Mussio serves as the President at Fulton Breakefield Broenniman.
Recent trades
In the most recent 13F filing, Fulton Breakefield Broenniman revealed that it had opened a new position in
Vanguard Star Fds and bought 5,592 shares worth $337 million.
The investment fund also strengthened its position in Microsoft by buying
663 additional shares.
This makes their stake in Microsoft total 189,470 shares worth $84.7 billion.
Microsoft soared 19.7% in the past year.
On the other hand, there are companies that Fulton Breakefield Broenniman is getting rid of from its portfolio.
Fulton Breakefield Broenniman closed its position in NVR on 7th August 2024.
It sold the previously owned 59 shares for $478 million.
Michael Mussio also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $72.1 billion and 342,463 shares.
One of the largest hedge funds
The two most similar investment funds to Fulton Breakefield Broenniman are Pitcairn Co and Sprott Inc. They manage $1.35 trillion and $1.35 trillion respectively.
Michael Mussio investment strategy
Fulton Breakefield Broenniman’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 13.9% of
the total portfolio value.
The fund focuses on investments in the United States as
60.4% 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
57% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $189 billion.
The complete list of Fulton Breakefield Broenniman trades based on 13F SEC filings
These positions were updated on August 7th 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 |
0.35%
189,470
|
$84,683,596,000 | 6.27% |
| Apple Inc |
0.46%
342,463
|
$72,129,592,000 | 5.34% |
| Ishares Tr |
1.07%
3,859,352
|
$297,986,455,000 | 22.07% |
| Amazon.com Inc. |
0.61%
274,371
|
$53,022,196,000 | 3.93% |
| Alphabet Inc |
1.81%
281,093
|
$51,215,011,000 | 3.79% |
| Taiwan Semiconductor Mfg Ltd |
0.13%
231,309
|
$40,203,874,000 | 2.98% |
| Eli Lilly & Co |
0.56%
43,680
|
$39,547,263,000 | 2.93% |
| Berkshire Hathaway Inc. |
0.84%
89,255
|
$36,308,801,000 | 2.69% |
| Unitedhealth Group Inc |
1.96%
62,387
|
$31,771,248,000 | 2.35% |
| Visa Inc |
0.42%
118,033
|
$30,980,152,000 | 2.29% |
| Progressive Corp. |
1.48%
142,627
|
$29,624,976,000 | 2.19% |
| NextEra Energy Inc |
0.09%
382,091
|
$27,055,884,000 | 2.00% |
| Danaher Corp. |
0.41%
101,399
|
$25,334,660,000 | 1.88% |
| Lowes Cos Inc |
0.95%
113,505
|
$25,023,340,000 | 1.85% |
| Spdr Ser Tr |
0.89%
916,656
|
$38,588,255,000 | 2.86% |
| Linde Plc. |
0.79%
48,991
|
$21,497,528,000 | 1.59% |
| Spdr S&p 500 Etf Tr |
1.56%
37,581
|
$20,452,254,000 | 1.51% |
| Mcdonalds Corp |
0.05%
74,042
|
$18,868,761,000 | 1.40% |
| Johnson & Johnson |
4.30%
121,530
|
$17,762,848,000 | 1.32% |
| Roper Technologies Inc |
19.91%
31,504
|
$17,757,794,000 | 1.32% |
| Accenture Plc Ireland |
0.05%
58,385
|
$17,714,469,000 | 1.31% |
| Howmet Aerospace Inc. |
1.79%
216,846
|
$16,833,760,000 | 1.25% |
| Church & Dwight Co., Inc. |
1.58%
157,891
|
$16,370,100,000 | 1.21% |
| Abbvie Inc |
1.31%
94,494
|
$16,207,620,000 | 1.20% |
| Tjx Cos Inc New |
0.09%
147,131
|
$16,199,073,000 | 1.20% |
| Salesforce Inc |
0.41%
62,182
|
$15,986,887,000 | 1.18% |
| Union Pac Corp |
0.05%
68,445
|
$15,486,415,000 | 1.15% |
| Adobe Inc |
0.29%
27,729
|
$15,404,708,000 | 1.14% |
| Pepsico Inc |
0.98%
92,118
|
$15,192,995,000 | 1.13% |
| Apollo Global Mgmt Inc |
0.73%
125,649
|
$14,835,403,000 | 1.10% |
| Chevron Corp. |
0.83%
93,149
|
$14,570,327,000 | 1.08% |
| Marsh & McLennan Cos., Inc. |
0.59%
68,535
|
$14,441,746,000 | 1.07% |
| General Dynamics Corp. |
0.22%
42,403
|
$12,302,820,000 | 0.91% |
| Extra Space Storage Inc. |
1.68%
71,827
|
$11,162,665,000 | 0.83% |
| Automatic Data Processing In |
0.07%
46,223
|
$11,032,968,000 | 0.82% |
| Advanced Micro Devices Inc. |
1,462.11%
66,702
|
$10,819,731,000 | 0.80% |
| American Express Co. |
2,448.11%
44,541
|
$10,313,555,000 | 0.76% |
| Texas Instrs Inc |
3.34%
52,742
|
$10,259,870,000 | 0.76% |
| Netflix Inc. |
1,960.18%
13,556
|
$9,148,673,000 | 0.68% |
| Diageo plc |
5.14%
70,236
|
$8,855,357,000 | 0.66% |
| Vanguard Specialized Funds |
0.37%
38,337
|
$6,998,453,000 | 0.52% |
| Albemarle Corp. |
0.88%
59,258
|
$5,660,307,000 | 0.42% |
| Tesla Inc |
2.59%
26,294
|
$5,203,106,000 | 0.39% |
| Nike, Inc. |
2.20%
68,178
|
$5,138,590,000 | 0.38% |
| Vanguard Tax-managed Fds |
4.21%
89,661
|
$4,431,050,000 | 0.33% |
| Invesco Exchange Traded Fd T |
2.17%
26,309
|
$4,322,008,000 | 0.32% |
| Enphase Energy Inc |
1.84%
31,325
|
$3,123,416,000 | 0.23% |
| Vanguard Index Fds |
27.81%
10,675
|
$2,855,800,000 | 0.21% |
| NVIDIA Corp |
929.44%
20,877
|
$2,579,127,000 | 0.19% |
| Exxon Mobil Corp. |
1.07%
19,982
|
$2,300,343,000 | 0.17% |
| AMGEN Inc. |
1.19%
6,479
|
$2,024,291,000 | 0.15% |
| Costco Whsl Corp New |
0.64%
2,343
|
$1,991,742,000 | 0.15% |
| Illinois Tool Wks Inc |
616.30%
7,514
|
$1,780,546,000 | 0.13% |
| Marriott Intl Inc New |
0.84%
7,298
|
$1,764,437,000 | 0.13% |
| Schwab Strategic Tr |
5.74%
93,388
|
$5,410,863,000 | 0.40% |
| Procter And Gamble Co |
1.56%
10,222
|
$1,685,881,000 | 0.12% |
| Select Sector Spdr Tr |
0.81%
6,589
|
$1,490,588,000 | 0.11% |
| JPMorgan Chase & Co. |
1.91%
6,689
|
$1,352,884,000 | 0.10% |
| Merck & Co Inc |
7.64%
8,947
|
$1,107,665,000 | 0.08% |
| Stryker Corp. |
2.62%
3,237
|
$1,101,389,000 | 0.08% |
| Eaton Corp Plc |
0.33%
3,320
|
$1,040,986,000 | 0.08% |
| Northrop Grumman Corp. |
No change
2,257
|
$983,787,000 | 0.07% |
| Pnc Finl Svcs Group Inc |
37.78%
5,833
|
$906,915,000 | 0.07% |
| Home Depot, Inc. |
3.93%
2,492
|
$857,757,000 | 0.06% |
| Boeing Co. |
22.52%
4,472
|
$813,954,000 | 0.06% |
| Abbott Labs |
0.37%
7,812
|
$811,782,000 | 0.06% |
| Kimberly-Clark Corp. |
1.20%
5,671
|
$783,732,000 | 0.06% |
| Coca-Cola Co |
0.48%
11,611
|
$739,062,000 | 0.05% |
| RTX Corp |
1.38%
7,160
|
$718,792,000 | 0.05% |
| Arista Networks Inc |
12.66%
2,015
|
$706,217,000 | 0.05% |
| Vanguard Scottsdale Fds |
3.66%
8,559
|
$701,594,000 | 0.05% |
| Intuitive Surgical Inc |
11.42%
1,458
|
$648,591,000 | 0.05% |
| Honeywell International Inc |
No change
3,013
|
$643,486,000 | 0.05% |
| Caterpillar Inc. |
2.74%
1,874
|
$624,106,000 | 0.05% |
| Disney Walt Co |
3.39%
6,185
|
$614,130,000 | 0.05% |
| Parker-Hannifin Corp. |
No change
1,195
|
$604,443,000 | 0.04% |
| Asml Holding N V |
4.07%
589
|
$602,388,000 | 0.04% |
| Marvell Technology Inc |
3.96%
8,410
|
$587,859,000 | 0.04% |
| Synopsys, Inc. |
5.64%
918
|
$546,265,000 | 0.04% |
| Block H & R Inc |
No change
10,020
|
$543,385,000 | 0.04% |
| Cisco Sys Inc |
2.36%
11,192
|
$531,732,000 | 0.04% |
| Microchip Technology, Inc. |
2.55%
5,799
|
$530,609,000 | 0.04% |
| Old Dominion Freight Line In |
61.62%
2,809
|
$496,069,000 | 0.04% |
| Atmos Energy Corp. |
1.42%
4,173
|
$486,830,000 | 0.04% |
| Spdr Gold Tr |
2.03%
2,264
|
$486,783,000 | 0.04% |
| NVR Inc. |
Closed
59
|
$477,898,000 | |
| Duke Energy Corp. |
0.67%
4,758
|
$476,844,000 | 0.04% |
| Clorox Co. |
4.14%
3,380
|
$461,269,000 | 0.03% |
| International Business Machs |
0.30%
2,650
|
$458,361,000 | 0.03% |
| Spdr S&p Midcap 400 Etf Tr |
No change
850
|
$454,602,000 | 0.03% |
| Mondelez International Inc. |
1.76%
6,856
|
$448,671,000 | 0.03% |
| Applied Matls Inc |
0.21%
1,890
|
$446,021,000 | 0.03% |
| Pacer Fds Tr |
No change
15,582
|
$765,306,000 | 0.06% |
| Elevance Health Inc |
No change
796
|
$431,321,000 | 0.03% |
| American Elec Pwr Co Inc |
1.37%
4,744
|
$416,207,000 | 0.03% |
| Lockheed Martin Corp. |
4.56%
826
|
$386,006,000 | 0.03% |
| Chipotle Mexican Grill |
4,820.00%
6,150
|
$385,298,000 | 0.03% |
| Prologis Inc |
2.32%
3,401
|
$381,966,000 | 0.03% |
| Thermo Fisher Scientific Inc. |
1.18%
668
|
$369,159,000 | 0.03% |
| Colgate-Palmolive Co. |
No change
3,680
|
$357,107,000 | 0.03% |
| Broadcom Inc. |
27.91%
220
|
$353,217,000 | 0.03% |
| Vanguard Bd Index Fds |
48.54%
4,667
|
$349,502,000 | 0.03% |
| Qualcomm, Inc. |
5.94%
1,730
|
$344,583,000 | 0.03% |
| Oracle Corp. |
0.78%
2,423
|
$342,128,000 | 0.03% |
| Deere & Co. |
No change
913
|
$341,264,000 | 0.03% |
| Vanguard Star Fds |
Opened
5,592
|
$337,198,000 | 0.02% |
| American Tower Corp. |
3.15%
1,690
|
$328,502,000 | 0.02% |
| Vanguard Index Fds |
Opened
657
|
$328,432,000 | 0.02% |
| Monster Beverage Corp. |
0.38%
6,554
|
$327,372,000 | 0.02% |
| Franklin Templeton Etf Tr |
No change
6,281
|
$322,152,000 | 0.02% |
| Walmart Inc |
No change
4,723
|
$319,768,000 | 0.02% |
| Goldman Sachs Group, Inc. |
No change
702
|
$317,752,000 | 0.02% |
| Zoetis Inc |
9.79%
1,796
|
$311,380,000 | 0.02% |
| Vanguard World Fd |
Closed
1,061
|
$304,093,000 | |
| Amphenol Corp. |
99.95%
4,397
|
$296,241,000 | 0.02% |
| Vanguard World Fd |
No change
513
|
$295,501,000 | 0.02% |
| The Southern Co. |
No change
3,778
|
$293,059,000 | 0.02% |
| Sherwin-Williams Co. |
No change
975
|
$290,969,000 | 0.02% |
| Norfolk Southn Corp |
No change
1,332
|
$286,039,000 | 0.02% |
| Vanguard Charlotte Fds |
Opened
5,625
|
$273,769,000 | 0.02% |
| Capital One Finl Corp |
No change
1,919
|
$265,714,000 | 0.02% |
| Intel Corp. |
4.69%
8,577
|
$265,628,000 | 0.02% |
| EBay Inc. |
7.56%
4,891
|
$262,745,000 | 0.02% |
| Bristol-Myers Squibb Co. |
Closed
4,738
|
$256,952,000 | |
| Pfizer Inc. |
27.66%
9,102
|
$254,674,000 | 0.02% |
| Ares Capital Corp |
Opened
12,082
|
$251,789,000 | 0.02% |
| Vanguard Intl Equity Index F |
Opened
4,191
|
$245,781,000 | 0.02% |
| Crowdstrike Holdings Inc |
No change
640
|
$245,242,000 | 0.02% |
| Vanguard Bd Index Fds |
Opened
3,395
|
$244,610,000 | 0.02% |
| Phathom Pharmaceuticals Inc |
No change
23,579
|
$242,864,000 | 0.02% |
| Dominion Energy Inc |
2.31%
4,911
|
$240,657,000 | 0.02% |
| Pimco Corporate & Income Opp |
Opened
16,745
|
$239,621,000 | 0.02% |
| S&P Global Inc |
0.38%
530
|
$236,380,000 | 0.02% |
| Realty Income Corp. |
8.59%
4,452
|
$235,155,000 | 0.02% |
| Fortune Brands Innovations I |
Closed
2,770
|
$234,536,000 | |
| Starbucks Corp. |
1.93%
2,956
|
$230,136,000 | 0.02% |
| Mastercard Incorporated |
0.19%
520
|
$229,336,000 | 0.02% |
| Regeneron Pharmaceuticals, Inc. |
No change
216
|
$227,022,000 | 0.02% |
| Cigna Group (The) |
No change
685
|
$226,440,000 | 0.02% |
| 3M Co. |
Closed
2,088
|
$221,500,000 | |
| Us Bancorp Del |
Closed
4,870
|
$217,705,000 | |
| Schwab Strategic Tr |
Closed
5,515
|
$215,195,000 | |
| Moderna Inc |
Opened
1,810
|
$214,938,000 | 0.02% |
| Fs Kkr Cap Corp |
Opened
10,800
|
$213,084,000 | 0.02% |
| AT&T Inc. |
No change
10,988
|
$209,971,000 | 0.02% |
| Verizon Communications Inc |
No change
5,021
|
$207,066,000 | 0.02% |
| Intuit Inc |
0.32%
311
|
$204,392,000 | 0.02% |
| Global X Fds |
Closed
5,092
|
$202,713,000 | |
| PayPal Holdings Inc |
Closed
3,025
|
$202,645,000 | |
| NRG Energy Inc. |
36.19%
2,602
|
$202,592,000 | 0.02% |
| First Tr High Yield Opprt 20 |
Opened
10,570
|
$151,362,000 | 0.01% |
| Pennantpark Floating Rate Ca |
Opened
11,798
|
$136,149,000 | 0.01% |
| Western Asset High Incom Fd |
Opened
22,800
|
$99,180,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 153 holdings | |||
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