Edgemoor Investment Advisors 13F annual report
Edgemoor Investment Advisors is an investment fund managing more than $1.07 trillion ran by Paul Meehan. There are currently 142 companies in Mr. Meehan’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $182 billion.
$1.07 trillion Assets Under Management (AUM)
As of 31st July 2024, Edgemoor Investment Advisors’s top holding is 227,129 shares of Microsoft currently worth over $102 billion and making up 9.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Edgemoor Investment Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 380,248 shares of Apple Inc worth $80.1 billion, whose value grew 10.5% in the past six months.
The third-largest holding is Berkshire Hathaway worth $69.2 billion and the next is United Rentals worth $49.8 billion, with 77,057 shares owned.
Currently, Edgemoor Investment Advisors's portfolio is worth at least $1.07 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 Edgemoor Investment Advisors
The Edgemoor Investment Advisors office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Paul Meehan serves as the Compliance Officer at Edgemoor Investment Advisors.
Recent trades
In the most recent 13F filing, Edgemoor Investment Advisors revealed that it had opened a new position in
Alexandria Real Estate Eq In and bought 61,169 shares worth $7.15 billion.
The investment fund also strengthened its position in United Rentals by buying
735 additional shares.
This makes their stake in United Rentals total 77,057 shares worth $49.8 billion.
United Rentals soared 37.4% in the past year.
On the other hand, there are companies that Edgemoor Investment Advisors is getting rid of from its portfolio.
Edgemoor Investment Advisors closed its position in Clearbridge Mlp And Midstrm on 7th August 2024.
It sold the previously owned 45,147 shares for $2.07 billion.
Paul Meehan also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $102 billion and 227,129 shares.
One of the average hedge funds
The two most similar investment funds to Edgemoor Investment Advisors are Galvin, Gaustad & Stein and Helikon Investments Ltd. They manage $1.07 trillion and $1.07 trillion respectively.
Paul Meehan investment strategy
Edgemoor Investment Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 21.1% of
the total portfolio value.
The fund focuses on investments in the United States as
57.7% 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
56% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $184 billion.
The complete list of Edgemoor Investment Advisors 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 |
0.69%
227,129
|
$101,515,741,000 | 9.45% |
| Apple Inc |
0.14%
380,248
|
$80,088,022,000 | 7.45% |
| Berkshire Hathaway Inc. |
1.85%
165,653
|
$69,223,549,000 | 6.44% |
| United Rentals, Inc. |
0.96%
77,057
|
$49,835,706,000 | 4.64% |
| Lowes Cos Inc |
0.53%
207,345
|
$45,711,487,000 | 4.25% |
| Alphabet Inc |
0.55%
402,760
|
$73,673,124,000 | 6.86% |
| Applied Matls Inc |
0.64%
152,253
|
$35,930,222,000 | 3.34% |
| Amazon.com Inc. |
2.23%
180,078
|
$34,800,074,000 | 3.24% |
| Lennar Corp. |
0.12%
211,177
|
$31,649,172,000 | 2.94% |
| Broadcom Inc |
0.36%
18,091
|
$29,046,232,000 | 2.70% |
| Williams-Sonoma, Inc. |
0.25%
98,765
|
$27,888,297,000 | 2.60% |
| Vertex Pharmaceuticals, Inc. |
0.62%
56,882
|
$26,661,964,000 | 2.48% |
| NVIDIA Corp |
946.07%
164,798
|
$20,359,145,000 | 1.89% |
| Blackstone Inc |
2.93%
158,835
|
$19,663,835,000 | 1.83% |
| General Dynamics Corp. |
1.74%
57,386
|
$16,650,112,000 | 1.55% |
| Visa Inc |
2.54%
60,030
|
$15,756,242,000 | 1.47% |
| Blackrock Inc. |
7.03%
20,008
|
$15,753,362,000 | 1.47% |
| Ares Capital Corp |
1.58%
720,252
|
$15,010,058,000 | 1.40% |
| Novartis AG |
2.92%
129,969
|
$13,836,561,000 | 1.29% |
| Johnson Ctls Intl Plc |
3.39%
197,762
|
$13,145,252,000 | 1.22% |
| Schwab Charles Corp |
1.42%
175,192
|
$12,909,928,000 | 1.20% |
| American Elec Pwr Co Inc |
1.52%
127,292
|
$11,168,621,000 | 1.04% |
| Shell Plc |
7.97%
154,501
|
$11,151,934,000 | 1.04% |
| Taiwan Semiconductor Mfg Ltd |
6.55%
61,758
|
$10,734,158,000 | 1.00% |
| Simon Ppty Group Inc New |
46.60%
69,026
|
$10,478,273,000 | 0.98% |
| Thermo Fisher Scientific Inc. |
4.55%
18,593
|
$10,281,948,000 | 0.96% |
| Ishares Tr |
22.75%
331,060
|
$25,253,890,000 | 2.35% |
| Deere & Co. |
3.97%
25,738
|
$9,616,613,000 | 0.89% |
| Verizon Communications Inc |
3.69%
223,812
|
$9,230,039,000 | 0.86% |
| Enterprise Prods Partners L |
0.95%
315,850
|
$9,153,342,000 | 0.85% |
| Crown Castle Inc |
1.19%
93,557
|
$9,140,558,000 | 0.85% |
| Realty Income Corp. |
5.14%
167,254
|
$8,834,372,000 | 0.82% |
| Citigroup Inc |
7.41%
135,284
|
$8,585,160,000 | 0.80% |
| NextEra Energy Inc |
0.30%
110,890
|
$7,852,121,000 | 0.73% |
| First Tr Sr Fltg Rate Income |
2.50%
718,862
|
$7,246,139,000 | 0.67% |
| Public Storage Oper Co |
13.54%
24,892
|
$7,160,269,000 | 0.67% |
| Alexandria Real Estate Eq In |
Opened
61,169
|
$7,154,938,000 | 0.67% |
| The Southern Co. |
1.86%
90,205
|
$6,997,206,000 | 0.65% |
| Entergy Corp. |
6.38%
61,599
|
$6,591,093,000 | 0.61% |
| Digital Rlty Tr Inc |
5.18%
42,627
|
$6,481,487,000 | 0.60% |
| Merck & Co Inc |
1.33%
51,470
|
$6,372,027,000 | 0.59% |
| Centerpoint Energy Inc. |
0.49%
200,591
|
$6,214,324,000 | 0.58% |
| J P Morgan Exchange Traded F |
19.07%
108,519
|
$6,150,895,000 | 0.57% |
| Fiserv, Inc. |
9.22%
39,861
|
$5,940,883,000 | 0.55% |
| Blackstone Mtg Tr Inc |
4.92%
325,171
|
$5,664,494,000 | 0.53% |
| AT&T Inc. |
3.55%
270,573
|
$5,170,654,000 | 0.48% |
| Clearway Energy Inc |
0.46%
206,294
|
$4,674,634,000 | 0.43% |
| AES Corp. |
10.56%
262,658
|
$4,614,913,000 | 0.43% |
| Wells Fargo Co New |
6.26%
3,564
|
$4,237,489,000 | 0.39% |
| Oneok Inc. |
0.67%
48,566
|
$3,960,557,000 | 0.37% |
| BCE Inc |
5.53%
118,734
|
$3,843,441,000 | 0.36% |
| Kinder Morgan Inc |
2.53%
183,986
|
$3,655,818,000 | 0.34% |
| Booking Holdings Inc |
0.87%
909
|
$3,601,004,000 | 0.34% |
| Pembina Pipeline Corporation |
3.74%
96,523
|
$3,579,073,000 | 0.33% |
| Starwood Ppty Tr Inc |
5.16%
186,832
|
$3,538,603,000 | 0.33% |
| Atmos Energy Corp. |
1.36%
29,882
|
$3,485,774,000 | 0.32% |
| Evergy Inc |
2.36%
60,026
|
$3,179,612,000 | 0.30% |
| Blackrock Cr Allocation Inco |
1.43%
287,551
|
$3,079,679,000 | 0.29% |
| Rlj Lodging Tr |
1.94%
88,503
|
$2,202,840,000 | 0.20% |
| Clearbridge Mlp And Midstrm |
Closed
45,147
|
$2,066,830,000 | |
| Xcel Energy Inc. |
3.26%
37,423
|
$1,998,792,000 | 0.19% |
| Bank America Corp |
1.19%
1,657
|
$1,983,154,000 | 0.18% |
| Cigna Group (The) |
No change
5,683
|
$1,878,629,000 | 0.17% |
| Equity Comwlth |
4.15%
74,778
|
$1,862,737,000 | 0.17% |
| Clearbridge Energy Midstrm O |
Opened
45,141
|
$1,860,712,000 | 0.17% |
| Corteva Inc |
4.49%
34,257
|
$1,847,860,000 | 0.17% |
| Johnson & Johnson |
3.59%
12,339
|
$1,803,520,000 | 0.17% |
| Danaher Corp. |
0.28%
7,189
|
$1,796,172,000 | 0.17% |
| Welltower Inc. |
No change
16,500
|
$1,720,177,000 | 0.16% |
| Exxon Mobil Corp. |
10.52%
13,815
|
$1,590,402,000 | 0.15% |
| Brookfield Renewable Partner |
1.28%
61,464
|
$1,522,463,000 | 0.14% |
| Kayne Anderson Energy Infrst |
2.84%
142,264
|
$1,469,587,000 | 0.14% |
| JPMorgan Chase & Co. |
0.01%
7,048
|
$1,425,578,000 | 0.13% |
| Marsh & McLennan Cos., Inc. |
No change
6,449
|
$1,358,933,000 | 0.13% |
| Golub Cap Bdc Inc |
No change
82,457
|
$1,295,399,000 | 0.12% |
| Oracle Corp. |
No change
8,885
|
$1,254,562,000 | 0.12% |
| Weyerhaeuser Co Mtn Be |
26.71%
43,947
|
$1,247,670,000 | 0.12% |
| Pepsico Inc |
1.16%
6,806
|
$1,122,561,000 | 0.10% |
| Bank New York Mellon Corp |
No change
18,718
|
$1,121,021,000 | 0.10% |
| Brookfield Renewable Corporation |
2.75%
39,247
|
$1,113,830,000 | 0.10% |
| Eli Lilly & Co |
No change
1,209
|
$1,094,823,000 | 0.10% |
| Cava Group Inc |
Closed
15,492
|
$1,085,215,000 | |
| Eversource Energy |
No change
18,869
|
$1,070,061,000 | 0.10% |
| Nuveen Municipal Credit Inc |
179.85%
84,781
|
$1,047,045,000 | 0.10% |
| Vanguard Index Fds |
No change
3,529
|
$1,378,049,000 | 0.13% |
| Chevron Corp. |
1.68%
6,064
|
$948,531,000 | 0.09% |
| Consolidated Edison, Inc. |
No change
9,781
|
$874,702,000 | 0.08% |
| Walmart Inc |
0.02%
12,490
|
$845,725,000 | 0.08% |
| Blackrock Floating Rate Inco |
191.03%
64,652
|
$836,597,000 | 0.08% |
| Procter And Gamble Co |
3.53%
4,240
|
$699,261,000 | 0.07% |
| CSX Corp. |
4.29%
20,250
|
$677,363,000 | 0.06% |
| AMGEN Inc. |
3.37%
2,150
|
$671,768,000 | 0.06% |
| Home Depot, Inc. |
0.97%
1,942
|
$668,514,000 | 0.06% |
| Global X Fds |
No change
21,308
|
$657,378,000 | 0.06% |
| Automatic Data Processing In |
No change
2,700
|
$644,463,000 | 0.06% |
| Lockheed Martin Corp. |
No change
1,359
|
$634,789,000 | 0.06% |
| Norfolk Southn Corp |
4.37%
2,890
|
$620,454,000 | 0.06% |
| Nuveen Floating Rate Income |
No change
66,447
|
$574,769,000 | 0.05% |
| Costco Whsl Corp New |
1.87%
653
|
$555,043,000 | 0.05% |
| Pfizer Inc. |
10.93%
18,720
|
$523,786,000 | 0.05% |
| KKR & Co. Inc |
No change
4,840
|
$509,362,000 | 0.05% |
| Cisco Sys Inc |
0.64%
10,366
|
$492,489,000 | 0.05% |
| Qualcomm, Inc. |
No change
2,239
|
$445,964,000 | 0.04% |
| Oreilly Automotive Inc |
No change
413
|
$436,153,000 | 0.04% |
| Texas Instrs Inc |
4.56%
2,092
|
$406,957,000 | 0.04% |
| Stryker Corp. |
No change
1,149
|
$390,947,000 | 0.04% |
| Emerson Elec Co |
No change
3,542
|
$390,187,000 | 0.04% |
| RTX Corp |
No change
3,768
|
$378,270,000 | 0.04% |
| Abbvie Inc |
0.09%
2,151
|
$368,959,000 | 0.03% |
| Meta Platforms Inc |
No change
695
|
$350,433,000 | 0.03% |
| ServiceNow Inc |
No change
441
|
$346,921,000 | 0.03% |
| Coca-Cola Co |
2.46%
5,382
|
$342,564,000 | 0.03% |
| Ishares Inc |
46.17%
6,390
|
$342,090,000 | 0.03% |
| Spdr Ser Tr |
No change
5,129
|
$328,256,000 | 0.03% |
| Energy Transfer L P |
No change
20,140
|
$326,671,000 | 0.03% |
| Unitedhealth Group Inc |
0.63%
626
|
$318,797,000 | 0.03% |
| Mcdonalds Corp |
1.98%
1,186
|
$302,409,000 | 0.03% |
| Duke Energy Corp. |
21.95%
3,017
|
$302,394,000 | 0.03% |
| Abbott Labs |
0.57%
2,801
|
$291,146,000 | 0.03% |
| Conocophillips |
No change
2,493
|
$285,149,000 | 0.03% |
| Honeywell International Inc |
5.37%
1,314
|
$280,791,000 | 0.03% |
| Disney Walt Co |
Closed
2,271
|
$277,935,000 | |
| Ishares Tr |
Opened
2,585
|
$270,262,000 | 0.03% |
| Philip Morris International Inc |
2.17%
2,661
|
$269,714,000 | 0.03% |
| Ventas Inc |
52.40%
5,105
|
$261,682,000 | 0.02% |
| Intel Corp. |
Closed
5,886
|
$259,985,000 | |
| Yum Brands Inc. |
No change
1,941
|
$257,105,000 | 0.02% |
| Altria Group Inc. |
2.61%
5,626
|
$256,264,000 | 0.02% |
| Eaton Corp Plc |
No change
806
|
$252,721,000 | 0.02% |
| Dow Inc |
1.12%
4,675
|
$248,009,000 | 0.02% |
| Markel Group Inc |
7.23%
154
|
$242,652,000 | 0.02% |
| Wisdomtree Tr |
12.13%
3,079
|
$240,316,000 | 0.02% |
| DuPont de Nemours Inc |
1.74%
2,985
|
$240,263,000 | 0.02% |
| Fortive Corp |
0.78%
3,199
|
$237,046,000 | 0.02% |
| Select Sector Spdr Tr |
No change
1,600
|
$233,200,000 | 0.02% |
| Veralto Corp |
0.37%
2,421
|
$231,133,000 | 0.02% |
| Goldman Sachs Group, Inc. |
No change
510
|
$230,683,000 | 0.02% |
| Accenture Plc Ireland |
Closed
655
|
$227,030,000 | |
| Nike, Inc. |
1.58%
2,993
|
$225,582,000 | 0.02% |
| Colgate-Palmolive Co. |
No change
2,318
|
$224,939,000 | 0.02% |
| Sysco Corp. |
No change
3,055
|
$218,096,000 | 0.02% |
| American Express Co. |
No change
921
|
$213,258,000 | 0.02% |
| CVS Health Corp |
98.51%
3,536
|
$208,890,000 | 0.02% |
| Carrier Global Corporation |
Opened
3,308
|
$208,669,000 | 0.02% |
| Genuine Parts Co. |
Closed
1,344
|
$208,226,000 | |
| Marriott Intl Inc New |
Closed
825
|
$208,156,000 | |
| Paychex Inc. |
3.07%
1,738
|
$206,166,000 | 0.02% |
| Celanese Corp |
Closed
1,189
|
$204,342,000 | |
| Ppg Inds Inc |
Closed
1,400
|
$202,860,000 | |
| Select Sector Spdr Tr |
Opened
895
|
$202,476,000 | 0.02% |
| Netscout Sys Inc |
No change
10,011
|
$183,101,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 151 holdings | |||
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