Crossvault Capital Management 13F annual report
Crossvault Capital Management is an investment fund managing more than $254 million ran by Marilou Moursund. There are currently 74 companies in Mrs. Moursund’s portfolio. The largest investments include Apple Computer Inc and Microsoft, together worth $29.9 million.
$254 million Assets Under Management (AUM)
As of 1st August 2022, Crossvault Capital Management’s top holding is 117,859 shares of Apple Computer Inc currently worth over $16.1 million and making up 6.3% of the portfolio value.
In addition, the fund holds 53,866 shares of Microsoft worth $13.8 million, whose value fell 7.1% in the past six months.
The third-largest holding is Abbvie Inc worth $13.6 million and the next is Pepsico Inc. worth $13 million, with 78,043 shares owned.
Currently, Crossvault Capital Management's portfolio is worth at least $254 million. 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 Crossvault Capital Management
The Crossvault Capital Management office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Marilou Moursund serves as the Co-CEO at Crossvault Capital Management.
Recent trades
In the most recent 13F filing, Crossvault Capital Management revealed that it had opened a new position in
Devon and bought 159,185 shares worth $8.77 million.
This means they effectively own approximately 0.1% of the company.
Devon makes up
96.9%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Amazon.com by buying
79,144 additional shares.
This makes their stake in Amazon.com total 83,490 shares worth $8.87 million.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Crossvault Capital Management is getting rid of from its portfolio.
Crossvault Capital Management closed its position in Walt Disney Company on 8th August 2022.
It sold the previously owned 34,869 shares for $5.4 million.
Marilou Moursund also disclosed a decreased stake in Apple Computer Inc by approximately 0.1%.
This leaves the value of the investment at $16.1 million and 117,859 shares.
One of the smallest hedge funds
The two most similar investment funds to Crossvault Capital Management are Brilliance Asset Management Ltd and Wt Asset Management Ltd. They manage $254 million and $254 million respectively.
Marilou Moursund investment strategy
Crossvault Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 15.6% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $214 billion.
The complete list of Crossvault Capital Management trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Apple Computer Inc |
5.88%
117,859
|
$16,114,000 | 6.34% |
| Microsoft Corporation |
6.59%
53,866
|
$13,834,000 | 5.44% |
| Abbvie Inc |
4.23%
88,555
|
$13,563,000 | 5.34% |
| Pepsico Inc. |
1.20%
78,043
|
$13,007,000 | 5.12% |
| Alphabet Inc |
3.82%
4,855
|
$10,580,000 | 4.16% |
| Pfizer Inc. |
3.70%
184,742
|
$9,686,000 | 3.81% |
| Raytheon Technologies Corporation |
3.49%
100,074
|
$9,618,000 | 3.78% |
| Johnson & Johnson |
1.62%
52,342
|
$9,291,000 | 3.66% |
| Chevrontexaco Corp |
3.52%
63,654
|
$9,216,000 | 3.63% |
| Lilly Eli & Company |
4.83%
27,663
|
$8,969,000 | 3.53% |
| Amazon.com Inc. |
1,821.08%
83,490
|
$8,867,000 | 3.49% |
| Devon Energy Corp. |
Opened
159,185
|
$8,773,000 | 3.45% |
| Home Depot, Inc. |
5.93%
30,793
|
$8,446,000 | 3.32% |
| Honeywell International Inc |
5.30%
46,733
|
$8,123,000 | 3.20% |
| Pnc Financial Services |
11.71%
39,588
|
$6,246,000 | 2.46% |
| Dow Ord Shs |
5.28%
119,210
|
$6,152,000 | 2.42% |
| Rockwell Automation Inc |
3.37%
29,479
|
$5,875,000 | 2.31% |
| Walt Disney Company |
Closed
34,869
|
$5,401,000 | |
| Salesforce Com Inc |
16.30%
32,132
|
$5,303,000 | 2.09% |
| Visa Inc |
11.82%
26,900
|
$5,296,000 | 2.08% |
| Coca-Cola Co |
3.89%
80,922
|
$5,091,000 | 2.00% |
| Skyworks Solutions, Inc. |
12.79%
53,819
|
$4,986,000 | 1.96% |
| Adobe Systems Inc |
7.79%
13,010
|
$4,762,000 | 1.87% |
| Magna International Inc. |
19.66%
86,041
|
$4,724,000 | 1.86% |
| L3 Harris Technologies |
Closed
20,896
|
$4,456,000 | |
| Nike Inc B |
9.33%
40,971
|
$4,187,000 | 1.65% |
| Seagate Technology Shs |
5.64%
53,499
|
$3,822,000 | 1.50% |
| Moderna Inc |
12.33%
22,979
|
$3,283,000 | 1.29% |
| Block Inc |
5.22%
49,244
|
$3,027,000 | 1.19% |
| General Mills, Inc. |
136.13%
37,545
|
$2,833,000 | 1.11% |
| Dominion Energy Inc |
5.83%
33,902
|
$2,706,000 | 1.06% |
| Merck & Co Inc |
0.17%
28,625
|
$2,610,000 | 1.03% |
| Mcdonalds Corporation |
6.89%
10,342
|
$2,553,000 | 1.00% |
| 3M Co. |
19.33%
19,536
|
$2,528,000 | 0.99% |
| Verizon Communication |
3.17%
44,678
|
$2,267,000 | 0.89% |
| Spdr Trust Unit Ser 1 |
3.41%
5,525
|
$2,084,000 | 0.82% |
| Walmart Inc |
15.14%
15,979
|
$1,943,000 | 0.76% |
| Snowflake Inc. |
24.69%
12,185
|
$1,694,000 | 0.67% |
| Enphase Energy Inc |
16.63%
8,645
|
$1,688,000 | 0.66% |
| Sentinelone Inc |
22.44%
56,105
|
$1,309,000 | 0.52% |
| ServiceNow Inc |
14.74%
2,638
|
$1,254,000 | 0.49% |
| Gilead Sciences, Inc. |
20.49%
20,295
|
$1,254,000 | 0.49% |
| Workday Inc Com |
25.87%
8,295
|
$1,158,000 | 0.46% |
| Microchip Tech |
0.52%
19,174
|
$1,114,000 | 0.44% |
| Berkshire Hathaway Inc. |
3.21%
3,703
|
$1,011,000 | 0.40% |
| Target Corp |
21.19%
7,120
|
$1,006,000 | 0.40% |
| Proctor & Gamble |
56.25%
6,428
|
$924,000 | 0.36% |
| Exxon Mobil Corporati |
7.43%
10,547
|
$903,000 | 0.36% |
| Cullen/frost Bankers |
No change
6,780
|
$790,000 | 0.31% |
| NextEra Energy Inc |
5.32%
9,624
|
$745,000 | 0.29% |
| Realty Income Corp. |
4.44%
9,417
|
$643,000 | 0.25% |
| Conocophillips |
6.73%
6,425
|
$577,000 | 0.23% |
| Philip Morris International Inc |
Closed
5,249
|
$499,000 | |
| Kimberly-Clark Corp. |
13.07%
3,590
|
$485,000 | 0.19% |
| United Parcel Srvc B |
1.01%
2,498
|
$456,000 | 0.18% |
| Ishr Russell Midcap |
12.69%
6,804
|
$440,000 | 0.17% |
| General Dynamics Corp. |
No change
1,960
|
$434,000 | 0.17% |
| Northrop Grumman Corp Com |
No change
880
|
$421,000 | 0.17% |
| Southern Company |
7.31%
5,875
|
$419,000 | 0.16% |
| Colgate-Palmolive Co. |
Opened
5,026
|
$403,000 | 0.16% |
| Glaxo Smithkline Ads |
11.97%
9,191
|
$400,000 | 0.16% |
| Fidelity Natl Financial |
35.14%
9,800
|
$362,000 | 0.14% |
| Ishr Russell 2000 Index |
11.32%
2,006
|
$340,000 | 0.13% |
| Advanced Micro Device |
Closed
2,300
|
$331,000 | |
| Ibm Corp |
7.19%
2,235
|
$316,000 | 0.12% |
| Cummins Engine Inc. |
No change
1,600
|
$310,000 | 0.12% |
| Tesla Motors Inc |
11.69%
430
|
$290,000 | 0.11% |
| Boeing Co. |
2.33%
2,100
|
$287,000 | 0.11% |
| Valero Energy Corp. |
Opened
2,683
|
$285,000 | 0.11% |
| Vanguard Mid-cap Vipers |
Closed
1,115
|
$284,000 | |
| American Electric Pow |
No change
2,953
|
$283,000 | 0.11% |
| Yum! Brands Inc |
No change
2,448
|
$278,000 | 0.11% |
| PPG Industries, Inc. |
Opened
2,400
|
$274,000 | 0.11% |
| iShares Select Dividend ETF |
2.56%
2,121
|
$250,000 | 0.10% |
| Vanguard Index Small Cap Viper |
Closed
1,083
|
$245,000 | |
| Veritex Holdings Inc |
Closed
6,055
|
$241,000 | |
| Vanguard Spec Viper Shs |
Closed
1,373
|
$236,000 | |
| Cisco Systems, Inc. |
18.27%
5,313
|
$227,000 | 0.09% |
| Emerson Electric Co. |
Closed
2,358
|
$219,000 | |
| Eaton Corporation |
3.67%
1,704
|
$215,000 | 0.08% |
| Ishares Core S&p 500 Etf |
Closed
450
|
$215,000 | |
| Starbucks Corp. |
Closed
1,776
|
$208,000 | |
| Deere & Co. |
Closed
600
|
$206,000 | |
| Healthcare Spdr |
9.04%
1,610
|
$206,000 | 0.08% |
| Sector Spdr Tech Select Shares |
Closed
1,160
|
$202,000 | |
| Palantir Technologies Inc. |
Closed
11,075
|
$202,000 | |
| PPL Corp |
21.33%
7,375
|
$200,000 | 0.08% |
| Rani Therapeutics |
Opened
14,285
|
$148,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
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