Summit Place Advisors 13F annual report
Summit Place Advisors is an investment fund managing more than $169 billion ran by Elizabeth Miller. There are currently 76 companies in Mrs. Miller’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $15.8 billion.
$169 billion Assets Under Management (AUM)
As of 18th July 2024, Summit Place Advisors’s top holding is 64,250 shares of NVIDIA Corp currently worth over $7.94 billion and making up 4.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Summit Place Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 17,530 shares of Microsoft worth $7.84 billion, whose value grew 8.0% in the past six months.
The third-largest holding is Apple Inc worth $7.44 billion and the next is Wisdomtree Tr worth $5.64 billion, with 208,141 shares owned.
Currently, Summit Place Advisors's portfolio is worth at least $169 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 Summit Place Advisors
The Summit Place Advisors office and employees reside in Summit, New Jersey. According to the last 13-F report filed with the SEC, Elizabeth Miller serves as the Managing Member & CCO at Summit Place Advisors.
Recent trades
In the most recent 13F filing, Summit Place Advisors revealed that it had opened a new position in
GE Aerospace and bought 20,106 shares worth $3.2 billion.
This means they effectively own approximately 0.1% of the company.
GE Aerospace makes up
47.0%
of the fund's Industrials sector allocation and has grown its share price by 38.9% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
56,502 additional shares.
This makes their stake in NVIDIA Corp total 64,250 shares worth $7.94 billion.
NVIDIA Corp dropped 73.0% in the past year.
On the other hand, there are companies that Summit Place Advisors is getting rid of from its portfolio.
Summit Place Advisors closed its position in General Electric Co on 25th July 2024.
It sold the previously owned 20,138 shares for $3.53 billion.
Elizabeth Miller also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $7.84 billion and 17,530 shares.
One of the smallest hedge funds
The two most similar investment funds to Summit Place Advisors are Fairfield, Bush & Co and Melone Private Wealth. They manage $169 billion and $169 billion respectively.
Elizabeth Miller investment strategy
Summit Place Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 12.7% of
the total portfolio value.
The fund focuses on investments in the United States as
42.1% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $226 billion.
The complete list of Summit Place Advisors trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| NVIDIA Corp |
729.25%
64,250
|
$7,937,445,000 | 4.70% |
| Microsoft Corporation |
1.41%
17,530
|
$7,835,067,000 | 4.64% |
| Apple Inc |
1.39%
35,341
|
$7,443,544,000 | 4.41% |
| Wisdomtree Tr |
0.02%
208,141
|
$5,638,542,000 | 3.34% |
| Netflix Inc. |
5.51%
5,919
|
$3,994,615,000 | 2.37% |
| Ishares Gold Tr |
1.07%
87,620
|
$3,849,147,000 | 2.28% |
| Motorola Solutions Inc |
0.24%
9,944
|
$3,838,946,000 | 2.28% |
| Schwab Strategic Tr |
3.12%
97,411
|
$5,808,634,000 | 3.44% |
| Ishares Tr |
30.64%
113,984
|
$8,709,712,000 | 5.16% |
| RTX Corp |
0.44%
35,966
|
$3,610,632,000 | 2.14% |
| Intercontinental Exchange In |
No change
26,350
|
$3,607,052,000 | 2.14% |
| Walmart Inc |
0.10%
52,643
|
$3,564,460,000 | 2.11% |
| Carlisle Cos Inc |
2.40%
8,728
|
$3,536,747,000 | 2.10% |
| General Electric Co |
Closed
20,138
|
$3,534,836,000 | |
| Blackstone Inc |
0.13%
26,140
|
$3,236,174,000 | 1.92% |
| Zoetis Inc |
4.32%
18,485
|
$3,204,595,000 | 1.90% |
| GE Aerospace |
Opened
20,106
|
$3,196,272,000 | 1.89% |
| Welltower Inc. |
0.80%
29,884
|
$3,115,439,000 | 1.85% |
| Amazon.com Inc. |
2.22%
16,107
|
$3,112,678,000 | 1.84% |
| Martin Marietta Matls Inc |
3.68%
5,733
|
$3,106,168,000 | 1.84% |
| Disney Walt Co |
4.88%
31,032
|
$3,081,144,000 | 1.83% |
| Alcon Ag |
0.48%
34,139
|
$3,041,102,000 | 1.80% |
| CVS Health Corp |
Closed
37,466
|
$2,988,288,000 | |
| Visa Inc |
1.39%
10,941
|
$2,871,718,000 | 1.70% |
| Corteva Inc |
1.37%
53,189
|
$2,869,007,000 | 1.70% |
| Abbott Labs |
2.24%
27,118
|
$2,817,805,000 | 1.67% |
| Spdr Sp 500 Etf Tr |
1.82%
5,116
|
$2,784,432,000 | 1.65% |
| Hershey Company |
2.05%
15,114
|
$2,778,407,000 | 1.65% |
| Blackrock Inc. |
32.01%
3,501
|
$2,756,407,000 | 1.63% |
| Ge Healthcare Technologies I |
0.65%
35,369
|
$2,755,959,000 | 1.63% |
| Johnson Johnson |
0.01%
18,730
|
$2,737,540,000 | 1.62% |
| Hartford Finl Svcs Group Inc |
4.01%
24,760
|
$2,489,370,000 | 1.48% |
| Ge Vernova Inc |
Opened
13,661
|
$2,342,998,000 | 1.39% |
| Fortune Brands Innovations I |
58.93%
35,560
|
$2,309,266,000 | 1.37% |
| Unitedhealth Group Inc |
212.08%
4,416
|
$2,248,892,000 | 1.33% |
| Procter And Gamble Co |
2.42%
13,412
|
$2,211,960,000 | 1.31% |
| Costco Whsl Corp New |
0.47%
2,370
|
$2,014,498,000 | 1.19% |
| J P Morgan Exchange Traded F |
8.52%
43,958
|
$2,430,125,000 | 1.44% |
| Nike, Inc. |
37.20%
26,540
|
$2,000,320,000 | 1.19% |
| Target Corp |
0.04%
13,416
|
$1,986,105,000 | 1.18% |
| Ishares Inc |
1.42%
124,922
|
$3,892,571,000 | 2.31% |
| Yum Brands Inc. |
Closed
13,585
|
$1,883,560,000 | |
| Interpublic Group Cos Inc |
14.81%
57,575
|
$1,674,857,000 | 0.99% |
| Sweetgreen, Inc. |
17.44%
52,698
|
$1,588,318,000 | 0.94% |
| Broadcom Inc |
3.49%
968
|
$1,554,153,000 | 0.92% |
| Coca-Cola Co |
0.65%
22,097
|
$1,406,476,000 | 0.83% |
| Omega Healthcare Invs Inc |
3.82%
39,494
|
$1,352,664,000 | 0.80% |
| Conocophillips |
1.32%
10,809
|
$1,236,376,000 | 0.73% |
| Evercore Inc |
15.14%
5,833
|
$1,215,772,000 | 0.72% |
| Dbx Etf Tr |
17.25%
51,571
|
$1,215,523,000 | 0.72% |
| Addus HomeCare Corporation |
1.65%
9,825
|
$1,140,781,000 | 0.68% |
| Vanguard Index Fds |
No change
2,274
|
$1,137,297,000 | 0.67% |
| Andersons Inc. |
1.65%
20,956
|
$1,039,407,000 | 0.62% |
| Matthews Asia Fds |
15.48%
50,905
|
$978,216,000 | 0.58% |
| Pepsico Inc |
54.22%
5,862
|
$966,820,000 | 0.57% |
| Ishares Inc |
Opened
16,480
|
$932,933,000 | 0.55% |
| Boston Beer Co., Inc. |
8.91%
2,996
|
$913,930,000 | 0.54% |
| Invesco Exchange Traded Fd T |
2.00%
39,650
|
$1,479,369,000 | 0.88% |
| West Pharmaceutical Svsc Inc |
5.35%
2,285
|
$752,659,000 | 0.45% |
| Alibaba Group Hldg Ltd |
10.16%
8,175
|
$588,600,000 | 0.35% |
| Canadian Solar Inc |
12.15%
37,023
|
$546,089,000 | 0.32% |
| Sysco Corp. |
5.28%
7,250
|
$517,578,000 | 0.31% |
| Starbucks Corp. |
28.60%
5,804
|
$451,838,000 | 0.27% |
| Vanguard World Fd |
No change
1,650
|
$438,900,000 | 0.26% |
| Spdr Sp Midcap 400 Etf Tr |
No change
780
|
$417,362,000 | 0.25% |
| Equity Residential |
No change
6,000
|
$416,040,000 | 0.25% |
| Sl Green Rlty Corp |
17.50%
7,050
|
$399,312,000 | 0.24% |
| PayPal Holdings Inc |
4.58%
6,775
|
$393,153,000 | 0.23% |
| Digital Rlty Tr Inc |
No change
2,500
|
$380,125,000 | 0.23% |
| Spdr Ser Tr |
48.67%
11,600
|
$357,860,000 | 0.21% |
| Alphabet Inc |
Closed
2,074
|
$315,787,000 | |
| Select Sector Spdr Tr |
5.19%
1,370
|
$309,935,000 | 0.18% |
| Ventas Inc |
No change
5,900
|
$302,434,000 | 0.18% |
| Spotify Technology S.A. |
1.86%
948
|
$297,473,000 | 0.18% |
| Lowes Cos Inc |
No change
1,338
|
$294,975,000 | 0.17% |
| Elevance Health Inc |
No change
525
|
$284,477,000 | 0.17% |
| Universal Hlth Svcs Inc |
16.16%
1,479
|
$273,539,000 | 0.16% |
| Vanguard Index Fds |
Closed
1,030
|
$267,608,000 | |
| State Str Corp |
Closed
3,411
|
$263,760,000 | |
| AMGEN Inc. |
No change
819
|
$255,897,000 | 0.15% |
| Pfizer Inc. |
0.30%
8,724
|
$244,098,000 | 0.14% |
| Select Sector Spdr Tr |
Closed
1,620
|
$239,323,000 | |
| Fidelity Covington Trust |
Opened
1,200
|
$205,824,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||
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