Performa Ltd (us) 13F annual report
Performa Ltd (us) is an investment fund managing more than $243 billion ran by Kathy Cavaco. There are currently 54 companies in Mrs. Cavaco’s portfolio. The largest investments include Spdr Sp 500 Etf Trust and Vanguard Index Funds - Vanguard Sp 500 Etf, together worth $129 billion.
$243 billion Assets Under Management (AUM)
As of 5th August 2024, Performa Ltd (us)’s top holding is 123,141 shares of Spdr Sp 500 Etf Trust currently worth over $67 billion and making up 27.6% of the portfolio value.
In addition, the fund holds 124,855 shares of Vanguard Index Funds - Vanguard Sp 500 Etf worth $62.4 billion.
The third-largest holding is Vanguard Index Funds - Vanguard Mid-cap Etf worth $25.1 billion and the next is Dbx Etf Trust - Xtrackers Usd High Yield Corporate Bond Etf worth $22.3 billion, with 628,633 shares owned.
Currently, Performa Ltd (us)'s portfolio is worth at least $243 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 Performa Ltd (us)
The Performa Ltd (us) office and employees reside in Charleston, South Carolina. According to the last 13-F report filed with the SEC, Kathy Cavaco serves as the Chief Compliance Officer at Performa Ltd (us).
Recent trades
In the most recent 13F filing, Performa Ltd (us) revealed that it had opened a new position in
JELD-WEN and bought 300 shares worth $4.04 million.
This means they effectively own approximately 0.1% of the company.
JELD-WEN makes up
100.0%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Index Funds - Vanguard Sp 500 Etf by buying
4,089 additional shares.
This makes their stake in Vanguard Index Funds - Vanguard Sp 500 Etf total 124,855 shares worth $62.4 billion.
On the other hand, there are companies that Performa Ltd (us) is getting rid of from its portfolio.
Performa Ltd (us) closed its position in Paysafe Ltd on 12th August 2024.
It sold the previously owned 3,700 shares for $58.4 million.
Kathy Cavaco also disclosed a decreased stake in Spdr Sp 500 Etf Trust by approximately 0.1%.
This leaves the value of the investment at $67 billion and 123,141 shares.
One of the smallest hedge funds
The two most similar investment funds to Performa Ltd (us) are Oldfather Services and Argyle Capital Management. They manage $243 billion and $243 billion respectively.
Kathy Cavaco investment strategy
Performa Ltd (us)’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up approximately 0.1% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
15% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $26.8 billion.
The complete list of Performa Ltd (us) trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Spdr Sp 500 Etf Trust |
5.47%
123,141
|
$67,015,795,000 | 27.58% |
| Vanguard Index Funds - Vanguard Sp 500 Etf |
3.39%
124,855
|
$62,443,731,000 | 25.70% |
| Vanguard Index Funds - Vanguard Mid-cap Etf |
8.95%
103,815
|
$25,133,612,000 | 10.34% |
| Dbx Etf Trust - Xtrackers Usd High Yield Corporate Bond Etf |
26.37%
628,633
|
$22,291,326,000 | 9.17% |
| Ishares Trust - Ishares Russell 2000 Value Etf |
No change
63,184
|
$9,622,923,000 | 3.96% |
| Vanguard Index Funds - Vanguard Small-cap Value Etf |
13.91%
46,859
|
$8,552,705,000 | 3.52% |
| Vaneck Etf Trust - Vaneck Fallen Angel High Yield Bond Etf |
No change
282,546
|
$7,996,052,000 | 3.29% |
| Vanguard International Equity Index Funds - Vanguard Ftse All-world Ex-us Etf |
29.90%
134,012
|
$7,858,464,000 | 3.23% |
| Vanguard Index Funds - Vanguard Small-cap Growth Etf |
53.45%
27,805
|
$6,954,865,000 | 2.86% |
| Invesco Exchange-traded Fund Trust - Invesco Sp 500 Quality Etf |
3.73%
91,508
|
$5,814,418,000 | 2.39% |
| Ishares Trust - Ishares Msci Usa Quality Factor Etf |
4.71%
33,728
|
$5,759,393,000 | 2.37% |
| Ishares Trust - Ishares Core Sp Small-cap Etf |
No change
35,851
|
$3,823,868,000 | 1.57% |
| Ishares, Inc. - Ishares Msci Japan Etf |
53.03%
54,632
|
$3,728,088,000 | 1.53% |
| Ishares Trust - Ishares Select Dividend Etf |
No change
16,899
|
$2,044,441,000 | 0.84% |
| Spdr Series Trust - Spdr Sp Dividend Etf |
No change
14,763
|
$1,877,558,000 | 0.77% |
| Spdr Series Trust - Spdr Sp Regional Banking Etf |
108.70%
24,000
|
$1,178,400,000 | 0.48% |
| Ishares Trust - Ishares Russell Mid-cap Growth Etf |
0.07%
1,451
|
$160,118,000 | 0.07% |
| Clover Health Investments Cor |
14.29%
100,000
|
$123,000,000 | 0.05% |
| Oatly Group AB |
3.44%
101,000
|
$94,940,000 | 0.04% |
| Lumen Technologies, Inc. |
35.00%
67,500
|
$74,250,000 | 0.03% |
| Polestar Automotive Holding U |
203.45%
88,000
|
$69,221,000 | 0.03% |
| Paysafe Ltd |
Closed
3,700
|
$58,423,000 | |
| Pediatrix Medical Group Inc |
76.32%
6,700
|
$50,585,000 | 0.02% |
| Unity Software Inc. |
1,020.00%
2,800
|
$45,528,000 | 0.02% |
| UiPath, Inc. |
330.77%
2,800
|
$35,504,000 | 0.01% |
| Allbirds Inc |
30.84%
70,000
|
$35,000,000 | 0.01% |
| Jetblue Airways Corp |
7.95%
4,050
|
$24,665,000 | 0.01% |
| ZoomInfo Technologies Inc. |
89.47%
1,800
|
$22,986,000 | 0.01% |
| Intel Corp. |
143.06%
683
|
$21,153,000 | 0.01% |
| DocuSign Inc |
No change
360
|
$19,260,000 | 0.01% |
| Asana, Inc. |
7.62%
933
|
$13,053,000 | 0.01% |
| Opendoor Technologies Inc. |
233.33%
5,000
|
$9,200,000 | 0.00% |
| Pure Storage Inc |
Closed
175
|
$9,098,000 | |
| Varex Imaging Corp |
500.00%
600
|
$8,838,000 | 0.00% |
| Smartsheet Inc |
22.48%
200
|
$8,816,000 | 0.00% |
| Exxon Mobil Corp. |
No change
75
|
$8,634,000 | 0.00% |
| Sonos Inc |
No change
459
|
$6,775,000 | 0.00% |
| Dropbox Inc |
20.00%
300
|
$6,741,000 | 0.00% |
| Teva Pharmaceutical Industrie |
34.19%
385
|
$6,256,000 | 0.00% |
| Celestica, Inc. |
33.33%
100
|
$5,733,000 | 0.00% |
| Ford Motor Co. |
1.19%
426
|
$5,342,000 | 0.00% |
| Nutanix Inc |
20.00%
80
|
$4,548,000 | 0.00% |
| Leslie's, Inc. |
94.93%
1,000
|
$4,190,000 | 0.00% |
| JELD-WEN Holding Inc. |
Opened
300
|
$4,041,000 | 0.00% |
| Fidelity National Info Serv |
Closed
47
|
$3,486,000 | |
| Blackbaud Inc |
43.66%
40
|
$3,047,000 | 0.00% |
| PayPal Holdings Inc |
No change
51
|
$2,960,000 | 0.00% |
| Box Inc |
Closed
100
|
$2,832,000 | |
| Trivago NV |
Closed
956
|
$2,648,000 | |
| Maravai Lifesciences Holdings, Inc. |
96.30%
250
|
$1,790,000 | 0.00% |
| DENTSPLY Sirona Inc |
Opened
67
|
$1,669,000 | 0.00% |
| Sally Beauty Holdings Inc |
50.00%
150
|
$1,610,000 | 0.00% |
| Okta Inc |
97.15%
15
|
$1,404,000 | 0.00% |
| Peloton Interactive Inc-a |
No change
400
|
$1,352,000 | 0.00% |
| SmartRent Inc |
17.65%
500
|
$1,195,000 | 0.00% |
| Goldman Sachs Group Inc/the |
Closed
2
|
$835,000 | |
| Retractable Technologies Inc |
No change
750
|
$810,000 | 0.00% |
| Tilray Brands Inc |
Opened
275
|
$457,000 | 0.00% |
| Ishares Trust - Ishares Russell Mid-cap Etf |
No change
1
|
$81,000 | 0.00% |
| Canada Jetlines Operations L |
Opened
312
|
$3,000 | 0.00% |
| Medmen Enterprises Inc |
Closed
20,200
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||
Hedge funds similar to Performa Ltd (us)
- Insight Folios Inc
- Monterey Private Wealth
- 3chopt Investment Partners
- Harvest Investment Services
- Sterling Planning
- Argyle Capital Management
- Oldfather Services
- Omega
- Jw Asset Management
- Mtm Investment Management
- Beech Hill Advisors
- Alpha Paradigm Partners
- Borer Denton & Associates
- Ria Advisory