Berkshire Bank 13F annual report
Berkshire Bank is an investment fund managing more than $397 billion ran by Anna Garbo. There are currently 119 companies in Mrs. Garbo’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and J P Morgan Exchange Traded F, together worth $81.2 billion.
$397 billion Assets Under Management (AUM)
As of 5th July 2024, Berkshire Bank’s top holding is 101,576 shares of Spdr S&p 500 Etf Tr currently worth over $55.3 billion and making up 13.9% of the portfolio value.
In addition, the fund holds 513,536 shares of J P Morgan Exchange Traded F worth $25.9 billion.
The third-largest holding is Ishares Tr worth $66.4 billion and the next is Microsoft worth $19.6 billion, with 43,801 shares owned.
Currently, Berkshire Bank's portfolio is worth at least $397 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 Berkshire Bank
The Berkshire Bank office and employees reside in Pittsfield, Massachusetts. According to the last 13-F report filed with the SEC, Anna Garbo serves as the Vice President, Wealth Management Operations at Berkshire Bank.
Recent trades
In the most recent 13F filing, Berkshire Bank revealed that it had opened a new position in
Royal Bk Cda and bought 2,199 shares worth $234 million.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
4,139 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 513,536 shares worth $25.9 billion.
On the other hand, there are companies that Berkshire Bank is getting rid of from its portfolio.
Berkshire Bank closed its position in PayPal Inc on 12th July 2024.
It sold the previously owned 4,677 shares for $313 million.
Anna Garbo also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $55.3 billion and 101,576 shares.
One of the average hedge funds
The two most similar investment funds to Berkshire Bank are Altrius Capital Management Inc and Ashford Advisors. They manage $397 billion and $396 billion respectively.
Anna Garbo investment strategy
Berkshire Bank’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 14.2% of
the total portfolio value.
The fund focuses on investments in the United States as
58.8% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $209 billion.
The complete list of Berkshire Bank trades based on 13F SEC filings
These positions were updated on July 12th 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
3.01%
101,576
|
$55,279,689,000 | 13.94% |
| J P Morgan Exchange Traded F |
0.81%
513,536
|
$25,918,161,000 | 6.53% |
| Ishares Tr |
1.71%
725,259
|
$66,424,024,000 | 16.75% |
| Microsoft Corporation |
5.08%
43,801
|
$19,576,856,000 | 4.94% |
| Apple Inc |
4.83%
84,337
|
$17,763,058,000 | 4.48% |
| NVIDIA Corp |
800.93%
120,220
|
$14,851,978,000 | 3.74% |
| Alphabet Inc |
3.24%
77,259
|
$14,079,990,000 | 3.55% |
| JPMorgan Chase & Co. |
4.50%
37,935
|
$7,672,732,000 | 1.93% |
| Amazon.com Inc. |
3.79%
38,158
|
$7,374,032,000 | 1.86% |
| Visa Inc |
3.85%
25,115
|
$6,591,933,000 | 1.66% |
| Danaher Corp. |
3.80%
24,382
|
$6,091,842,000 | 1.54% |
| Home Depot, Inc. |
6.81%
16,355
|
$5,630,044,000 | 1.42% |
| Exxon Mobil Corp. |
5.51%
47,304
|
$5,445,636,000 | 1.37% |
| Procter And Gamble Co |
5.83%
30,723
|
$5,066,836,000 | 1.28% |
| Walmart Inc |
3.99%
70,799
|
$4,793,800,000 | 1.21% |
| Cisco Sys Inc |
1.96%
96,770
|
$4,597,541,000 | 1.16% |
| Tjx Cos Inc New |
4.07%
39,625
|
$4,362,711,000 | 1.10% |
| Owens Corning |
3.38%
24,550
|
$4,264,826,000 | 1.08% |
| Chubb Limited |
2.24%
16,395
|
$4,182,036,000 | 1.05% |
| Merck & Co Inc |
6.57%
33,030
|
$4,089,113,000 | 1.03% |
| Blackrock Inc. |
3.15%
5,143
|
$4,049,186,000 | 1.02% |
| Union Pac Corp |
2.97%
16,625
|
$3,761,571,000 | 0.95% |
| Ishares Inc |
2.94%
62,367
|
$3,338,505,000 | 0.84% |
| Johnson & Johnson |
0.74%
22,545
|
$3,295,176,000 | 0.83% |
| Unilever plc |
4.01%
59,902
|
$3,294,010,000 | 0.83% |
| MetLife, Inc. |
3.64%
46,150
|
$3,239,268,000 | 0.82% |
| Unitedhealth Group Inc |
5.88%
6,326
|
$3,221,578,000 | 0.81% |
| NextEra Energy Inc |
6.21%
45,168
|
$3,198,346,000 | 0.81% |
| Eli Lilly & Co |
2.33%
3,394
|
$3,072,859,000 | 0.77% |
| Accenture Plc Ireland |
2.25%
10,084
|
$3,059,586,000 | 0.77% |
| Bank America Corp |
3.72%
74,796
|
$2,974,636,000 | 0.75% |
| Stryker Corp. |
1.38%
8,156
|
$2,775,078,000 | 0.70% |
| Verizon Communications Inc |
0.88%
65,622
|
$2,706,250,000 | 0.68% |
| Caterpillar Inc. |
4.49%
8,015
|
$2,669,796,000 | 0.67% |
| Chevron Corp. |
3.22%
15,442
|
$2,415,437,000 | 0.61% |
| Mcdonalds Corp |
2.54%
9,333
|
$2,378,421,000 | 0.60% |
| Disney Walt Co |
7.68%
22,245
|
$2,208,705,000 | 0.56% |
| Nxp Semiconductors N V |
2.47%
7,941
|
$2,136,843,000 | 0.54% |
| Fedex Corp |
7.01%
6,965
|
$2,088,385,000 | 0.53% |
| American Express Co. |
7.99%
8,456
|
$1,957,986,000 | 0.49% |
| Salesforce Inc |
5.28%
7,372
|
$1,895,341,000 | 0.48% |
| Texas Instrs Inc |
0.76%
9,693
|
$1,885,578,000 | 0.48% |
| Honeywell International Inc |
2.91%
8,809
|
$1,881,073,000 | 0.47% |
| Spdr Ser Tr |
7.27%
55,701
|
$4,125,230,000 | 1.04% |
| American Tower Corp. |
5.00%
8,191
|
$1,592,166,000 | 0.40% |
| Abbott Labs |
0.61%
14,955
|
$1,553,973,000 | 0.39% |
| Pepsico Inc |
3.99%
9,303
|
$1,534,342,000 | 0.39% |
| Dow Inc |
1.23%
28,571
|
$1,515,691,000 | 0.38% |
| T-Mobile US Inc |
5.47%
8,291
|
$1,460,708,000 | 0.37% |
| Select Sector Spdr Tr |
No change
6,318
|
$1,429,321,000 | 0.36% |
| Dominion Energy Inc |
2.11%
29,135
|
$1,427,615,000 | 0.36% |
| Vanguard Intl Equity Index F |
23.88%
22,973
|
$1,347,136,000 | 0.34% |
| Meta Platforms Inc |
1.46%
2,568
|
$1,294,836,000 | 0.33% |
| Deere & Co. |
3.97%
3,247
|
$1,213,176,000 | 0.31% |
| Costco Whsl Corp New |
6.77%
1,349
|
$1,146,636,000 | 0.29% |
| General Dynamics Corp. |
0.51%
3,526
|
$1,023,033,000 | 0.26% |
| Illinois Tool Wks Inc |
6.44%
4,149
|
$983,146,000 | 0.25% |
| Nike, Inc. |
1.84%
12,898
|
$972,121,000 | 0.25% |
| Broadcom Inc. |
3.42%
574
|
$921,573,000 | 0.23% |
| Mastercard Incorporated |
29.25%
2,020
|
$891,143,000 | 0.22% |
| GE Aerospace |
1.99%
4,819
|
$766,076,000 | 0.19% |
| Invesco Exch Traded Fd Tr Ii |
9.91%
18,741
|
$753,575,000 | 0.19% |
| Waste Mgmt Inc Del |
5.93%
3,456
|
$737,302,000 | 0.19% |
| Adobe Inc |
13.80%
1,305
|
$724,979,000 | 0.18% |
| Morgan Stanley |
11.44%
7,019
|
$682,176,000 | 0.17% |
| International Business Machs |
10.64%
3,921
|
$678,136,000 | 0.17% |
| Idexx Labs Inc |
1.59%
1,358
|
$661,617,000 | 0.17% |
| Vanguard Scottsdale Fds |
7.27%
8,486
|
$655,755,000 | 0.17% |
| Automatic Data Processing In |
16.22%
2,685
|
$640,882,000 | 0.16% |
| Lockheed Martin Corp. |
4.28%
1,363
|
$636,656,000 | 0.16% |
| Target Corp |
21.52%
4,147
|
$613,921,000 | 0.15% |
| Xylem Inc |
4.66%
4,441
|
$602,332,000 | 0.15% |
| Pfizer Inc. |
18.63%
21,471
|
$600,758,000 | 0.15% |
| AMGEN Inc. |
3.60%
1,871
|
$584,593,000 | 0.15% |
| Interpublic Group Cos Inc |
14.94%
19,969
|
$580,898,000 | 0.15% |
| Nushares Etf Tr |
No change
7,121
|
$577,940,000 | 0.15% |
| Lowes Cos Inc |
2.35%
2,565
|
$565,479,000 | 0.14% |
| Abbvie Inc |
3.52%
3,208
|
$550,235,000 | 0.14% |
| Bristol-Myers Squibb Co. |
15.16%
12,926
|
$536,816,000 | 0.14% |
| Palo Alto Networks Inc |
No change
1,441
|
$488,512,000 | 0.12% |
| Qualcomm, Inc. |
12.93%
2,410
|
$480,022,000 | 0.12% |
| Air Prods & Chems Inc |
No change
1,826
|
$471,199,000 | 0.12% |
| Novartis AG |
9.62%
4,415
|
$470,020,000 | 0.12% |
| Fastenal Co. |
7.59%
7,355
|
$462,188,000 | 0.12% |
| Prologis Inc |
12.86%
4,058
|
$455,753,000 | 0.11% |
| Microstrategy Inc. |
No change
330
|
$454,568,000 | 0.11% |
| First Tr Exchange-traded Fd |
1.03%
5,881
|
$444,956,000 | 0.11% |
| Pnc Finl Svcs Group Inc |
24.28%
2,697
|
$419,329,000 | 0.11% |
| Intuit Inc |
16.73%
617
|
$405,498,000 | 0.10% |
| Vanguard Tax-managed Fds |
No change
8,056
|
$398,127,000 | 0.10% |
| Eversource Energy |
2.64%
7,008
|
$397,423,000 | 0.10% |
| Seagate Technology Hldngs Pl |
4.90%
3,599
|
$371,667,000 | 0.09% |
| Berkshire Hathaway Inc. |
No change
890
|
$362,052,000 | 0.09% |
| Ball Corp. |
23.29%
6,016
|
$361,080,000 | 0.09% |
| Sherwin-Williams Co. |
4.46%
1,156
|
$344,985,000 | 0.09% |
| PayPal Holdings Inc |
Closed
4,677
|
$313,311,000 | |
| KLA Corp. |
15.43%
374
|
$308,365,000 | 0.08% |
| HP Inc |
14.99%
8,379
|
$293,432,000 | 0.07% |
| Public Svc Enterprise Grp In |
11.28%
3,957
|
$291,630,000 | 0.07% |
| Paychex Inc. |
17.28%
2,457
|
$291,301,000 | 0.07% |
| RTX Corp |
24.92%
2,811
|
$282,195,000 | 0.07% |
| Emerson Elec Co |
15.72%
2,499
|
$275,289,000 | 0.07% |
| Conocophillips |
15.26%
2,395
|
$273,939,000 | 0.07% |
| Autodesk Inc. |
No change
1,100
|
$272,195,000 | 0.07% |
| Hershey Company |
No change
1,476
|
$271,333,000 | 0.07% |
| AT&T Inc. |
3.99%
14,188
|
$271,132,000 | 0.07% |
| Agilent Technologies Inc. |
17.83%
2,041
|
$264,574,000 | 0.07% |
| Constellation Brands Inc |
No change
1,000
|
$257,280,000 | 0.06% |
| McCormick & Co., Inc. |
18.51%
3,561
|
$252,617,000 | 0.06% |
| Genuine Parts Co. |
16.28%
1,800
|
$248,975,000 | 0.06% |
| Oracle Corp. |
18.56%
1,755
|
$247,806,000 | 0.06% |
| Berkshire Hills Bancorp Inc. |
15.89%
10,584
|
$241,315,000 | 0.06% |
| Colgate-Palmolive Co. |
21.86%
2,485
|
$241,144,000 | 0.06% |
| First Tr Nas100 Eq Weighted |
No change
1,950
|
$240,415,000 | 0.06% |
| Vanguard Balanced Index Fd I |
Closed
3,279
|
$238,153,000 | |
| Royal Bk Cda |
Opened
2,199
|
$233,928,000 | 0.06% |
| Digital Rlty Tr Inc |
3.58%
1,482
|
$225,338,000 | 0.06% |
| Ge Vernova Inc |
Opened
1,218
|
$208,898,000 | 0.05% |
| Ulta Beauty Inc |
6.61%
537
|
$207,212,000 | 0.05% |
| Williams-Sonoma, Inc. |
Closed
644
|
$204,489,000 | |
| Norfolk Southn Corp |
Closed
800
|
$203,895,000 | |
| Ishares Tr |
Closed
750
|
$203,100,000 | |
| Brilliant Tech Corp |
No change
53,333
|
$5,000 | 0.00% |
| Kinerjapay Corp Com |
No change
595,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 124 holdings | |||
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