Chronos Wealth Management 13F annual report
Chronos Wealth Management is an investment fund managing more than $180 billion ran by William Chamberlain. There are currently 39 companies in Mr. Chamberlain’s portfolio. The largest investments include Eli Lilly & Co and Microsoft, together worth $35.4 billion.
$180 billion Assets Under Management (AUM)
As of 1st August 2024, Chronos Wealth Management’s top holding is 23,572 shares of Eli Lilly & Co currently worth over $21.3 billion and making up 11.9% of the portfolio value.
In addition, the fund holds 31,431 shares of Microsoft worth $14 billion, whose value fell 3.8% in the past six months.
The third-largest holding is Apple Inc worth $12.8 billion and the next is Alphabet Inc worth $12.8 billion, with 69,757 shares owned.
Currently, Chronos Wealth Management's portfolio is worth at least $180 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 Chronos Wealth Management
The Chronos Wealth Management office and employees reside in Clearwater, Florida. According to the last 13-F report filed with the SEC, William Chamberlain serves as the Managing Member & Chief Compliance Officer at Chronos Wealth Management.
Recent trades
In the most recent 13F filing, Chronos Wealth Management revealed that it had opened a new position in
Berkshire Hathaway and bought 1 shares worth $612 million.
This means they effectively own approximately 0.1% of the company.
Berkshire Hathaway makes up
2.1%
of the fund's Finance sector allocation and has grown its share price by 20.3% in the past year.
The investment fund also strengthened its position in Berkshire Hathaway by buying
325 additional shares.
This makes their stake in Berkshire Hathaway total 22,807 shares worth $9.28 billion.
Berkshire Hathaway soared 20.3% in the past year.
On the other hand, there are companies that Chronos Wealth Management is getting rid of from its portfolio.
Chronos Wealth Management closed its position in Pepsico Inc on 8th August 2024.
It sold the previously owned 1,443 shares for $253 million.
William Chamberlain also disclosed a decreased stake in Eli Lilly & Co by approximately 0.1%.
This leaves the value of the investment at $21.3 billion and 23,572 shares.
One of the smallest hedge funds
The two most similar investment funds to Chronos Wealth Management are Pier 88 Investment Partners and Ally Bridge (ny). They manage $180 billion and $180 billion respectively.
William Chamberlain investment strategy
Chronos Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 17.5% of
the total portfolio value.
The fund focuses on investments in the United States as
59.0% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $420 billion.
The complete list of Chronos Wealth 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 |
|---|---|---|---|
| Eli Lilly & Co |
2.59%
23,572
|
$21,341,617,000 | 11.86% |
| Microsoft Corporation |
0.83%
31,431
|
$14,048,085,000 | 7.81% |
| Apple Inc |
0.46%
60,922
|
$12,831,415,000 | 7.13% |
| Alphabet Inc |
1.04%
69,757
|
$12,793,115,000 | 7.11% |
| Amazon.com Inc. |
0.54%
54,042
|
$10,443,617,000 | 5.81% |
| Berkshire Hathaway Inc. |
1.45%
22,807
|
$9,277,888,000 | 5.16% |
| Unitedhealth Group Inc |
2.49%
17,463
|
$8,893,207,000 | 4.94% |
| JPMorgan Chase & Co. |
0.02%
40,703
|
$8,232,506,000 | 4.58% |
| Visa Inc |
0.87%
30,977
|
$8,130,551,000 | 4.52% |
| Costco Whsl Corp New |
2.04%
8,364
|
$7,109,316,000 | 3.95% |
| Home Depot, Inc. |
0.15%
20,112
|
$6,923,355,000 | 3.85% |
| The Southern Co. |
0.58%
84,426
|
$6,548,925,000 | 3.64% |
| Stryker Corp. |
1.36%
18,349
|
$6,243,247,000 | 3.47% |
| Procter And Gamble Co |
0.03%
34,119
|
$5,626,905,000 | 3.13% |
| Lockheed Martin Corp. |
0.37%
11,561
|
$5,400,143,000 | 3.00% |
| Illinois Tool Wks Inc |
1.25%
21,522
|
$5,099,853,000 | 2.84% |
| Johnson & Johnson |
2.12%
34,097
|
$4,983,618,000 | 2.77% |
| Digital Rlty Tr Inc |
6.28%
29,675
|
$4,512,084,000 | 2.51% |
| RTX Corp |
0.19%
36,601
|
$3,674,374,000 | 2.04% |
| Adobe Inc |
6.52%
6,240
|
$3,466,570,000 | 1.93% |
| Pnc Finl Svcs Group Inc |
0.17%
20,326
|
$3,160,286,000 | 1.76% |
| Blackrock Inc. |
0.07%
2,885
|
$2,271,418,000 | 1.26% |
| J P Morgan Exchange Traded F |
4.78%
23,686
|
$1,342,522,000 | 0.75% |
| First Tr Exchange-traded Fd |
17.52%
24,655
|
$1,245,571,000 | 0.69% |
| Microchip Technology, Inc. |
No change
7,792
|
$712,968,000 | 0.40% |
| Lululemon Athletica inc. |
0.22%
2,234
|
$667,296,000 | 0.37% |
| Xcel Energy Inc. |
No change
11,491
|
$613,734,000 | 0.34% |
| Berkshire Hathaway Inc. |
Opened
1
|
$612,241,000 | 0.34% |
| CSX Corp. |
52.08%
15,885
|
$531,353,000 | 0.30% |
| Us Bancorp Del |
24.30%
9,970
|
$395,809,000 | 0.22% |
| Moodys Corp |
No change
931
|
$391,886,000 | 0.22% |
| Bhp Group Ltd |
5.56%
6,800
|
$388,212,000 | 0.22% |
| Automatic Data Processing In |
No change
1,570
|
$374,743,000 | 0.21% |
| Kinder Morgan Inc |
No change
18,700
|
$371,569,000 | 0.21% |
| Meta Platforms Inc |
3.42%
565
|
$284,884,000 | 0.16% |
| Ishares Tr |
4.75%
1,002
|
$264,829,000 | 0.15% |
| Pepsico Inc |
Closed
1,443
|
$252,539,000 | |
| Vanguard Index Fds |
10.37%
484
|
$242,063,000 | 0.13% |
| American Elec Pwr Co Inc |
9.09%
2,500
|
$219,350,000 | 0.12% |
| NVIDIA Corp |
Opened
1,685
|
$208,165,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
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