Sowa 13F annual report

Sowa is an investment fund managing more than $132 million ran by Daniel Sowa. There are currently 22 companies in Mr. Sowa’s portfolio. The largest investments include Apple Inc and Ishares Gold Tr, together worth $45 million.

$132 million Assets Under Management (AUM)

As of 22nd July 2024, Sowa’s top holding is 119,575 shares of Apple Inc currently worth over $25.2 million and making up 19.1% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Sowa owns more than approximately 0.1% of the company. In addition, the fund holds 451,745 shares of Ishares Gold Tr worth $19.8 million. The third-largest holding is Fidelity Covington Trust worth $11.9 million and the next is Spdr Sp 500 Etf Tr worth $11.1 million, with 20,388 shares owned.

Currently, Sowa's portfolio is worth at least $132 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 Sowa

The Sowa office and employees reside in Lincoln, Rhode Island. According to the last 13-F report filed with the SEC, Daniel Sowa serves as the Managing Partner at Sowa.

Recent trades

In the most recent 13F filing, Sowa revealed that it had opened a new position in Fidelity Covington Trust and bought 279,722 shares worth $11.9 million. This means they effectively own approximately 0.1% of the company. Fidelity Covington Trust makes up 89.5% of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Altria by buying 254 additional shares. This makes their stake in Altria total 10,906 shares worth $497 thousand. Altria dropped approximately 0.1% in the past year.

On the other hand, there are companies that Sowa is getting rid of from its portfolio. Sowa closed its position in Ishares Tr on 29th July 2024. It sold the previously owned 33,707 shares for $3.09 million. Daniel Sowa also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $25.2 million and 119,575 shares.

One of the smallest hedge funds

The two most similar investment funds to Sowa are Wealth and Brevan Howard Capital Management L.P.. They manage $132 million and $133 million respectively.

Daniel Sowa investment strategy

Sowa’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 19.1% of the total portfolio value. The fund focuses on investments in the United States as 27.3% 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 13.6% of the portfolio. The average market cap of the portfolio companies is close to $346 billion.

The complete list of Sowa trades based on 13F SEC filings

These positions were updated on July 29th 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 Inc	7.36% 119,575	$25,185,000	19.07%
Ishares Gold Tr	6.89% 451,745	$19,845,000	15.03%
Fidelity Covington Trust	Opened 279,722	$11,871,000	8.99%
Spdr Sp 500 Etf Tr	15.46% 20,388	$11,096,000	8.40%
Ishares Tr	2.44% 513,996	$28,022,000	21.22%
NVIDIA Corp	Opened 47,992	$5,929,000	4.49%
Alliancebernstein Global Hig	14.69% 426,693	$4,472,000	3.39%
Visa Inc	3.46% 15,754	$4,135,000	3.13%
Ishares Inc	13.96% 128,414	$3,490,000	2.64%
Putnam ETF Trust	Opened 74,987	$2,722,000	2.06%
Lattice Strategies Tr	22.29% 85,931	$2,374,000	1.80%
Select Sector Spdr Tr	18.80% 57,435	$3,732,000	2.83%
Invesco Exchange Traded Fd T	30.13% 10,441	$1,715,000	1.30%
Invesco Db Mlti Sectr Cmmty	15.62% 65,237	$1,553,000	1.18%
Harbor ETF Trust	Opened 62,142	$1,398,000	1.06%
Piedmont Office Realty Tr In	21.88% 171,334	$1,242,000	0.94%
Ishares Tr	Closed 33,707	$3,091,000
Select Sector Spdr Tr	Closed 11,096	$799,000
Eversource Energy	10.88% 11,063	$627,000	0.47%
Wisdomtree Tr	Opened 12,750	$616,000	0.47%
J P Morgan Exchange Traded F	35.02% 10,836	$547,000	0.41%
Fidelity Covington Tr	Opened 11,812	$519,000	0.39%
Altria Group Inc.	2.38% 10,906	$497,000	0.38%
Verizon Communications Inc	10.63% 11,921	$492,000	0.37%
Att Inc	Closed 13,062	$219,000
Lifemd Inc	Closed 25,000	$207,000
No transactions found
Showing first 500 out of 26 holdings