Sterling Investment Management 13F annual report
Sterling Investment Management is an investment fund managing more than $132 billion ran by Crystal Kelly. There are currently 58 companies in Mrs. Kelly’s portfolio. The largest investments include Berkshire Hathaway Inc Del Cl B New and Spdr Bloomberg 1-3 Month T-bill Etf, together worth $25.1 billion.
$132 billion Assets Under Management (AUM)
As of 19th July 2024, Sterling Investment Management’s top holding is 38,936 shares of Berkshire Hathaway Inc Del Cl B New currently worth over $15.8 billion and making up 12.0% of the portfolio value.
In addition, the fund holds 100,936 shares of Spdr Bloomberg 1-3 Month T-bill Etf worth $9.26 billion.
The third-largest holding is Spdr Gold Shares worth $7.78 billion and the next is Vanguard Total Bond Market Etf worth $7.34 billion, with 101,873 shares owned.
Currently, Sterling Investment Management's portfolio is worth at least $132 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 Sterling Investment Management
The Sterling Investment Management office and employees reside in Tucson, Arizona. According to the last 13-F report filed with the SEC, Crystal Kelly serves as the Chief Compliance Officer at Sterling Investment Management.
Recent trades
In the most recent 13F filing, Sterling Investment Management revealed that it had opened a new position in
Exxon Mobil Corp Com and bought 23,139 shares worth $2.66 billion.
The investment fund also strengthened its position in Berkshire Hathaway Inc Del Cl B New by buying
13,669 additional shares.
This makes their stake in Berkshire Hathaway Inc Del Cl B New total 38,936 shares worth $15.8 billion.
On the other hand, there are companies that Sterling Investment Management is getting rid of from its portfolio.
Sterling Investment Management closed its position in Pioneer Nat Res Co Com on 26th July 2024.
It sold the previously owned 11,443 shares for $3 billion.
Crystal Kelly also disclosed a decreased stake in Spdr Bloomberg 1-3 Month T-bill Etf by approximately 0.1%.
This leaves the value of the investment at $9.26 billion and 100,936 shares.
One of the smallest hedge funds
The two most similar investment funds to Sterling Investment Management are Truewealth Partners and Valence8 Us L.P.. They manage $132 billion and $132 billion respectively.
Crystal Kelly investment strategy
Sterling Investment Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 6.4% of
the total portfolio value.
The fund focuses on investments in the United States as
15.5% 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
16% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $476 billion.
The complete list of Sterling Investment Management trades based on 13F SEC filings
These positions were updated on July 26th 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 |
|---|---|---|---|
| Berkshire Hathaway Inc Del Cl B New |
54.10%
38,936
|
$15,839,164,000 | 12.04% |
| Spdr Bloomberg 1-3 Month T-bill Etf |
7.81%
100,936
|
$9,263,906,000 | 7.04% |
| Spdr Gold Shares |
5.76%
36,193
|
$7,781,856,000 | 5.91% |
| Vanguard Total Bond Market Etf |
5.21%
101,873
|
$7,339,949,000 | 5.58% |
| Microsoft Corp Com |
8.64%
9,946
|
$4,445,364,000 | 3.38% |
| Occidental Pete Corp Com |
15.31%
69,644
|
$4,389,661,000 | 3.34% |
| Berkshire Hathaway Inc. |
56.25%
7
|
$4,285,687,000 | 3.26% |
| Proshares Short Sp500 |
20.48%
375,130
|
$4,280,233,000 | 3.25% |
| Canadian Pacific Kansas City Com |
13.38%
54,098
|
$4,259,135,000 | 3.24% |
| Apple Inc |
4.68%
17,747
|
$3,737,873,000 | 2.84% |
| Canadian Natl Ry Co Com |
16.69%
30,950
|
$3,656,123,000 | 2.78% |
| Pioneer Nat Res Co Com |
Closed
11,443
|
$3,003,788,000 | |
| Alphabet Inc Cap Stk Cl C |
12.53%
15,805
|
$2,898,953,000 | 2.20% |
| Abbvie Inc |
20.69%
16,001
|
$2,744,491,000 | 2.09% |
| Thermo Fisher Scientific Inc. |
20.88%
4,946
|
$2,735,138,000 | 2.08% |
| Exxon Mobil Corp Com |
Opened
23,139
|
$2,663,854,000 | 2.02% |
| Sp Global Inc Com |
1.29%
5,798
|
$2,585,908,000 | 1.97% |
| Cameco Corp Com |
13.59%
50,507
|
$2,484,944,000 | 1.89% |
| Moodys Corp Com |
24.23%
5,721
|
$2,408,140,000 | 1.83% |
| Vanguard Ftse Emerging Markets Etf |
7.75%
54,415
|
$2,381,200,000 | 1.81% |
| Unitedhealth Group Inc |
11.55%
4,656
|
$2,371,114,000 | 1.80% |
| Walmart Inc |
6.56%
34,203
|
$2,315,936,000 | 1.76% |
| Visa Inc |
53.50%
8,068
|
$2,117,607,000 | 1.61% |
| Johnson Johnson Com |
15.55%
14,474
|
$2,115,553,000 | 1.61% |
| Chevron Corp New Com |
19.37%
13,455
|
$2,104,631,000 | 1.60% |
| Goldman Sachs Group, Inc. |
6.98%
4,582
|
$2,072,530,000 | 1.57% |
| Elevance Health Inc Com |
Closed
3,951
|
$2,048,752,000 | |
| Avalonbay Cmntys Inc Com |
No change
9,038
|
$1,869,871,000 | 1.42% |
| Comcast Corp New Cl A |
26.16%
45,784
|
$1,792,901,000 | 1.36% |
| Boeing Co Com |
70.03%
8,639
|
$1,572,384,000 | 1.19% |
| Qualcomm, Inc. |
4.65%
7,654
|
$1,524,523,000 | 1.16% |
| Waste Mgmt Inc Del Com |
8.37%
7,014
|
$1,496,366,000 | 1.14% |
| Ishares Msci India Etf |
6.32%
26,779
|
$1,493,732,000 | 1.14% |
| Charter Communications Inc. |
Closed
4,835
|
$1,405,196,000 | |
| Schwab Us Aggregate Bond Etf |
2.50%
29,521
|
$1,345,567,000 | 1.02% |
| Proshares Short Qqq |
Opened
32,909
|
$1,332,814,000 | 1.01% |
| Republic Svcs Inc Com |
5.92%
6,756
|
$1,312,961,000 | 1.00% |
| Alibaba Group Hldg Ltd Sponsored Ads |
151.37%
17,885
|
$1,287,720,000 | 0.98% |
| Danaher Corporation Com |
No change
4,525
|
$1,130,571,000 | 0.86% |
| Alerian Mlp Etf |
4.50%
23,320
|
$1,118,916,000 | 0.85% |
| Bristol-myers Squibb Co Com |
Closed
20,343
|
$1,103,201,000 | |
| Wells Fargo Co New Com |
32.39%
17,131
|
$1,017,410,000 | 0.77% |
| Technology Select Sector Spdr Fund |
10.83%
4,296
|
$971,884,000 | 0.74% |
| Jd.com Inc Spon Ads Cl A |
11.01%
35,503
|
$917,397,000 | 0.70% |
| Ge Aerospace Com New |
Opened
5,591
|
$888,801,000 | 0.68% |
| Vanguard Ftse Developed Markets Etf |
8.47%
17,714
|
$875,425,000 | 0.67% |
| Liberty Global Ltd Com Cl A |
Closed
51,615
|
$873,326,000 | |
| British Amern Tob Plc Sponsored Adr |
13.67%
27,591
|
$853,389,000 | 0.65% |
| Vanguard Short-term Treasury Etf |
14.74%
14,285
|
$828,387,000 | 0.63% |
| Vanguard Total Stock Market Etf |
No change
1,960
|
$524,319,000 | 0.40% |
| Schwab Emerging Markets Equity Etf |
0.54%
19,138
|
$508,305,000 | 0.39% |
| Financial Select Sector Spdr Fund |
13.55%
9,860
|
$405,344,000 | 0.31% |
| Health Care Select Sector Spdr Fund |
14.47%
2,720
|
$396,440,000 | 0.30% |
| Nvidia Corporation Com |
941.33%
2,822
|
$348,629,000 | 0.26% |
| Schwab International Equity Etf |
0.85%
8,572
|
$329,336,000 | 0.25% |
| Procter And Gamble Co Com |
0.05%
1,981
|
$326,806,000 | 0.25% |
| Consumer Discretionary Select Sector Spdr Fund |
12.73%
1,727
|
$315,004,000 | 0.24% |
| Communication Services Select Sector Spdr Fund |
10.56%
3,395
|
$290,815,000 | 0.22% |
| Jpmorgan Chase Co. Com |
No change
1,398
|
$282,759,000 | 0.21% |
| Industrial Select Sector Spdr Fund |
2.57%
2,315
|
$282,129,000 | 0.21% |
| Vanguard Sp 500 Etf |
Closed
565
|
$271,596,000 | |
| Merck Co Inc Com |
No change
1,908
|
$236,210,000 | 0.18% |
| Consumer Staples Select Sector Spdr Fund |
Closed
2,903
|
$221,673,000 | |
| Invesco Water Resources ETF |
No change
3,406
|
$221,083,000 | 0.17% |
| First Trust Morningstar Dividend Leaders Index Fund |
No change
5,800
|
$219,994,000 | 0.17% |
| No transactions found | |||
| Showing first 500 out of 65 holdings | |||
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