Mcgowan Asset Management 13F annual report
Mcgowan Asset Management is an investment fund managing more than $703 billion ran by Ismael Sanchez. There are currently 101 companies in Mr. Sanchez’s portfolio. The largest investments include General Mny Mkt Fund and Nuveen Global High Income Fd Shs, together worth $119 billion.
$703 billion Assets Under Management (AUM)
As of 7th August 2024, Mcgowan Asset Management’s top holding is 68,292,308 shares of General Mny Mkt Fund currently worth over $68.3 billion and making up 9.7% of the portfolio value.
In addition, the fund holds 3,973,084 shares of Nuveen Global High Income Fd Shs worth $50.8 billion.
The third-largest holding is Allianceberstein Global High Income Fd Inc worth $50.4 billion and the next is Doubleline Income Solutions Fd worth $47.6 billion, with 3,798,684 shares owned.
Currently, Mcgowan Asset Management's portfolio is worth at least $703 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 Mcgowan Asset Management
The Mcgowan Asset Management office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Ismael Sanchez serves as the Chief Compliance Officer at Mcgowan Asset Management.
Recent trades
In the most recent 13F filing, Mcgowan Asset Management revealed that it had opened a new position in
HP Inc and bought 445,306 shares worth $15.6 billion.
This means they effectively own approximately 0.1% of the company.
HP Inc makes up
54.3%
of the fund's Technology sector allocation and has grown its share price by 8.4% in the past year.
The investment fund also strengthened its position in General Mny Mkt Fund by buying
30,310,753 additional shares.
This makes their stake in General Mny Mkt Fund total 68,292,308 shares worth $68.3 billion.
On the other hand, there are companies that Mcgowan Asset Management is getting rid of from its portfolio.
Mcgowan Asset Management closed its position in Global X Fds Mlp Etf on 14th August 2024.
It sold the previously owned 433,909 shares for $20.9 billion.
Ismael Sanchez also disclosed a decreased stake in Unum by approximately 0.1%.
This leaves the value of the investment at $21 billion and 411,466 shares.
One of the average hedge funds
The two most similar investment funds to Mcgowan Asset Management are Patton Albertson Miller Group and Dean Investment Associates. They manage $703 billion and $704 billion respectively.
Ismael Sanchez investment strategy
Mcgowan Asset Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 4.4% of
the total portfolio value.
The fund focuses on investments in the United States as
35.6% 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
27% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $167 billion.
The complete list of Mcgowan Asset Management trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| General Mny Mkt Fund |
79.80%
68,292,308
|
$68,292,308,000 | 9.71% |
| Nuveen Global High Income Fd Shs |
2.01%
3,973,084
|
$50,815,743,000 | 7.23% |
| Allianceberstein Global High Income Fd Inc |
1.67%
4,811,078
|
$50,420,094,000 | 7.17% |
| Doubleline Income Solutions Fd |
0.49%
3,798,684
|
$47,559,526,000 | 6.76% |
| Blackrock Corporate High Yield Fd Vi Inc C |
1.98%
4,068,387
|
$39,422,670,000 | 5.61% |
| Novo Nordisk As Adr |
0.57%
228,477
|
$32,612,788,000 | 4.64% |
| Exxon Mobil Corp Com |
0.33%
259,224
|
$29,841,917,000 | 4.24% |
| Cohen Steers Infrastructure Fd Inc Com |
1.06%
1,306,623
|
$29,372,891,000 | 4.18% |
| Ares Cap Corp Com |
2.12%
1,034,889
|
$21,567,089,000 | 3.07% |
| Unum Group |
0.37%
411,466
|
$21,030,050,000 | 2.99% |
| Plains Gp Hldgs |
1.50%
1,115,994
|
$21,003,004,000 | 2.99% |
| Global X Fds Mlp Etf |
Closed
433,909
|
$20,923,110,000 | |
| Merck Co Inc New Com |
0.15%
168,150
|
$20,816,994,000 | 2.96% |
| Eli Lilly Co Com |
1.26%
21,928
|
$19,853,623,000 | 2.82% |
| Eaton Vance Tax Advantaged Divid Income Fu |
2.43%
812,952
|
$18,933,662,000 | 2.69% |
| Abbvie Inc |
0.30%
107,796
|
$18,489,117,000 | 2.63% |
| HP Inc |
Opened
445,306
|
$15,594,623,000 | 2.22% |
| Energy Transfer Lp Com Units |
0.83%
844,284
|
$13,694,285,000 | 1.95% |
| 3m Co Com |
192.59%
128,683
|
$13,150,089,000 | 1.87% |
| Calamos Strategic Total Return Fd Com Sh B |
3.60%
700,274
|
$11,792,618,000 | 1.68% |
| BWX Technologies Inc |
0.73%
123,758
|
$11,757,046,000 | 1.67% |
| Cheniere Energy Partners L P Com Unit Rept |
0.61%
237,688
|
$11,672,881,000 | 1.66% |
| Eaton Vance Tax Advantaged Glo Global Divi |
3.37%
581,185
|
$10,815,853,000 | 1.54% |
| Enterprise Prods Partners L P Com Unit |
0.65%
364,822
|
$10,572,546,000 | 1.50% |
| Walgreen Boots Alliance Inc Com |
Closed
422,481
|
$9,163,605,000 | |
| EBay Inc. |
1.18%
158,804
|
$8,530,941,000 | 1.21% |
| Microsoft Corp Com |
2.27%
16,815
|
$7,515,355,000 | 1.07% |
| Visa Inc |
1.79%
25,131
|
$6,596,052,000 | 0.94% |
| Chevron Corp New Com |
2.87%
41,395
|
$6,475,041,000 | 0.92% |
| Nuveen Insured Tax Free Advantage |
447.20%
515,535
|
$5,908,036,000 | 0.84% |
| Nuveen Dividend Advantage Municipal Fund |
445.25%
499,098
|
$5,859,408,000 | 0.83% |
| Alphabet Inc Cap Stk Cl A |
1,232.75%
30,240
|
$5,508,180,000 | 0.78% |
| Diamondback Energy Inc |
4.72%
27,386
|
$5,482,490,000 | 0.78% |
| Texas Instruments Inc. |
No change
26,227
|
$5,101,951,000 | 0.73% |
| Apple Inc |
0.61%
21,022
|
$4,427,710,000 | 0.63% |
| Amazon.com Inc. |
0.68%
19,804
|
$3,827,123,000 | 0.54% |
| Enovix Corp |
12.14%
238,398
|
$3,685,633,000 | 0.52% |
| Kayne Anderson Mlp Investment Company |
0.01%
308,097
|
$3,182,642,000 | 0.45% |
| Procter Gamble Co Com |
0.37%
18,450
|
$3,042,826,000 | 0.43% |
| Innovative Indl Pptys Inc |
0.77%
27,770
|
$3,033,019,000 | 0.43% |
| Albemarle Corp. |
Closed
15,566
|
$2,050,616,000 | |
| Nice Systems Ltd |
Closed
6,664
|
$1,736,772,000 | |
| Super Micro Computer Inc |
8.36%
2,006
|
$1,643,616,000 | 0.23% |
| Enphase Energy Inc |
4.13%
15,563
|
$1,551,787,000 | 0.22% |
| Nuveen Municipal Credit Income Fund |
Opened
122,178
|
$1,522,338,000 | 0.22% |
| Toast, Inc. |
8.80%
54,919
|
$1,415,263,000 | 0.20% |
| Cheniere Energy Inc Com New |
32.41%
6,682
|
$1,168,236,000 | 0.17% |
| Mastercard Incorporated |
1.13%
2,449
|
$1,080,619,000 | 0.15% |
| Tekla Healthcare Opportunities Fd Shs |
1.03%
46,166
|
$940,872,000 | 0.13% |
| Nuveen Dividend Municipal Fund |
Opened
70,913
|
$875,776,000 | 0.12% |
| Alps Etf Tr Alerian Mlp Etf |
4.11%
18,142
|
$870,438,000 | 0.12% |
| Berkshire Hathaway Inc Del Cl B New |
0.10%
2,097
|
$853,060,000 | 0.12% |
| Danaher Corp Com |
0.03%
3,320
|
$829,439,000 | 0.12% |
| Deere Co |
0.50%
2,181
|
$814,727,000 | 0.12% |
| Accenture Plc Ireland Class Shs Isin#ie00b |
No change
2,629
|
$797,716,000 | 0.11% |
| KLA Corp. |
No change
940
|
$775,039,000 | 0.11% |
| Johnson Johnson Com |
9.08%
5,280
|
$771,747,000 | 0.11% |
| Conocophillips Com |
113.68%
6,513
|
$744,945,000 | 0.11% |
| Nvidia Corp Com |
Opened
5,740
|
$709,137,000 | 0.10% |
| Applied Materials Inc. |
No change
2,864
|
$675,902,000 | 0.10% |
| Amphenol Corp. |
34.24%
9,966
|
$671,410,000 | 0.10% |
| Altria Group Inc. |
2.08%
14,596
|
$664,865,000 | 0.09% |
| Cincinnati Financial Corp. |
No change
5,610
|
$662,541,000 | 0.09% |
| Wal Mart Stores Inc Com |
1.14%
9,667
|
$654,524,000 | 0.09% |
| Philip Morris Intl Inc Com |
0.22%
6,277
|
$636,003,000 | 0.09% |
| Goldman Sachs Etf Tr Tr Access Ultra Short |
21.99%
11,719
|
$590,219,000 | 0.08% |
| Meta Platforms Inc |
1.23%
1,148
|
$578,814,000 | 0.08% |
| Pepsico Inc Com |
0.47%
3,397
|
$560,277,000 | 0.08% |
| Oracle Corp Com |
11.37%
3,891
|
$549,446,000 | 0.08% |
| Cigna Corp |
0.06%
1,573
|
$519,964,000 | 0.07% |
| Qualcomm, Inc. |
0.04%
2,496
|
$497,161,000 | 0.07% |
| Voc Energy Tr Tr Unit |
0.83%
100,830
|
$484,991,000 | 0.07% |
| Spdr Sp 500 Etf Tr Tr Unit |
Closed
907
|
$474,177,000 | |
| Unitedhealth Group Inc |
6.89%
900
|
$458,407,000 | 0.07% |
| Freeport-mcmoran Copper Gold Inc Cl B |
32.68%
9,432
|
$458,391,000 | 0.07% |
| Carlyle Group Inc Com |
3.65%
11,388
|
$457,242,000 | 0.07% |
| Caterpillar Inc. |
0.74%
1,361
|
$453,472,000 | 0.06% |
| Jp Morgan Chase Co Com |
3.65%
2,220
|
$448,949,000 | 0.06% |
| Ford Motor Co Del Com Par |
9.30%
35,640
|
$446,923,000 | 0.06% |
| Tesla Mtrs Inc Com |
27.89%
2,224
|
$440,085,000 | 0.06% |
| Verizon Communications Com |
0.61%
9,997
|
$412,275,000 | 0.06% |
| Vaneck Vectors Etf Tr Gold Miners Etf |
1.38%
12,076
|
$409,753,000 | 0.06% |
| Mondelez International Inc. |
No change
6,030
|
$394,605,000 | 0.06% |
| Northrop Grumman Corp. |
20.00%
900
|
$392,355,000 | 0.06% |
| Curtiss-Wright Corp. |
19.12%
1,375
|
$372,598,000 | 0.05% |
| Southern Co Com |
0.97%
4,677
|
$362,768,000 | 0.05% |
| International Business Machs Corp Com |
No change
2,044
|
$353,510,000 | 0.05% |
| Raytheon Technologies Corp |
0.11%
3,503
|
$351,694,000 | 0.05% |
| Digital Rlty Tr Inc Com |
No change
2,230
|
$339,072,000 | 0.05% |
| Ishares Tr Core Sp U S Value Etf |
0.47%
3,661
|
$322,665,000 | 0.05% |
| Duke Energy Corp New Com |
1.22%
3,071
|
$307,825,000 | 0.04% |
| Williams Cos Inc |
4.18%
7,182
|
$305,215,000 | 0.04% |
| Southwestern Energy Company |
No change
42,032
|
$282,875,000 | 0.04% |
| Illinois Tool Works, Inc. |
0.52%
1,153
|
$273,308,000 | 0.04% |
| Adobe Sys Inc Com |
1.02%
485
|
$269,437,000 | 0.04% |
| Phillips 66 |
6.33%
1,893
|
$267,262,000 | 0.04% |
| PBF Energy Inc |
0.17%
5,778
|
$265,914,000 | 0.04% |
| Lowes Company Inc |
No change
1,166
|
$257,044,000 | 0.04% |
| Goodyear Tire Rubber Co Com |
Closed
17,480
|
$240,000,000 | |
| Pfizer Inc. |
Opened
8,534
|
$238,783,000 | 0.03% |
| Boise Cascade Co |
Closed
1,550
|
$237,724,000 | |
| Cisco Systems, Inc. |
0.24%
4,936
|
$234,515,000 | 0.03% |
| Colgate Palmolive Co Com |
No change
2,356
|
$228,626,000 | 0.03% |
| Nike, Inc. |
0.03%
3,023
|
$227,859,000 | 0.03% |
| Intel Corp Com |
Closed
5,051
|
$223,099,000 | |
| General Dynamics Corp Com |
12.54%
760
|
$220,465,000 | 0.03% |
| O Reilly Automotive Inc New Com |
Closed
188
|
$212,229,000 | |
| Autozone Inc. |
Closed
67
|
$211,161,000 | |
| Ge Healthcare Technologies Inc |
Closed
2,257
|
$205,192,000 | |
| Vistra Corp |
99.15%
2,382
|
$204,804,000 | 0.03% |
| Mcdonalds Corp |
30.92%
802
|
$204,306,000 | 0.03% |
| Nuscale Pwr Corp |
Opened
17,473
|
$204,259,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 112 holdings | |||
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