Patron Partners 13F annual report
Patron Partners is an investment fund managing more than $170 billion ran by Michelle Eldridge. There are currently 171 companies in Mrs. Eldridge’s portfolio. The largest investments include Prosperity Bancshares and Apple Inc, together worth $24.7 billion.
$170 billion Assets Under Management (AUM)
As of 29th July 2024, Patron Partners’s top holding is 237,310 shares of Prosperity Bancshares currently worth over $14.5 billion and making up 8.5% of the portfolio value.
Relative to the number of outstanding shares of Prosperity Bancshares, Patron Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 48,207 shares of Apple Inc worth $10.2 billion, whose value grew 17.1% in the past six months.
The third-largest holding is Nvidia Corporation Com worth $7.22 billion and the next is Microsoft Corp Com worth $5.96 billion, with 13,327 shares owned.
Currently, Patron Partners's portfolio is worth at least $170 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 Patron Partners
The Patron Partners office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Michelle Eldridge serves as the SR. COMPLIANCE OFFICER at Patron Partners.
Recent trades
In the most recent 13F filing, Patron Partners revealed that it had opened a new position in
Chipotle Mexican Grill and bought 5,650 shares worth $354 million.
This means they effectively own approximately 0.1% of the company.
Chipotle Mexican Grill makes up
1.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Prosperity Bancshares by buying
5,369 additional shares.
This makes their stake in Prosperity Bancshares total 237,310 shares worth $14.5 billion.
Prosperity Bancshares dropped approximately 0.1% in the past year.
On the other hand, there are companies that Patron Partners is getting rid of from its portfolio.
Patron Partners closed its position in Janus Detroit Street Trust Janus Henderson Aaa Clo Etf on 5th August 2024.
It sold the previously owned 11,736 shares for $595 million.
Michelle Eldridge also disclosed a decreased stake in Microsoft Corp Com by approximately 0.1%.
This leaves the value of the investment at $5.96 billion and 13,327 shares.
One of the smallest hedge funds
The two most similar investment funds to Patron Partners are Fogel Capital Management and Savvy Advisors. They manage $170 billion and $170 billion respectively.
Michelle Eldridge investment strategy
Patron Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 11.8% of
the total portfolio value.
The fund focuses on investments in the United States as
24.6% 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
23% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $184 billion.
The complete list of Patron Partners trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Prosperity Bancshares Inc. |
2.31%
237,310
|
$14,509,133,000 | 8.53% |
| Apple Inc |
0.10%
48,207
|
$10,153,407,000 | 5.97% |
| Nvidia Corporation Com |
947.81%
58,468
|
$7,223,130,000 | 4.25% |
| Microsoft Corp Com |
1.99%
13,327
|
$5,956,601,000 | 3.50% |
| Amazon.com Inc. |
4.98%
29,500
|
$5,700,875,000 | 3.35% |
| Costco Whsl Corp New Com |
2.75%
5,528
|
$4,699,024,000 | 2.76% |
| Exxon Mobil Corp Com |
7.38%
37,297
|
$4,293,657,000 | 2.52% |
| Vanguard Large-cap Etf |
13.43%
15,035
|
$3,753,037,000 | 2.21% |
| Eli Lilly Co Com |
1.25%
3,558
|
$3,221,342,000 | 1.89% |
| Procter And Gamble Co Com |
7.94%
17,936
|
$2,958,005,000 | 1.74% |
| AMGEN Inc. |
17.91%
9,327
|
$2,914,364,000 | 1.71% |
| Chevron Corp New Com |
1.35%
17,936
|
$2,805,533,000 | 1.65% |
| Oneascent Large Cap Core Etf |
16.49%
83,249
|
$2,325,128,000 | 1.37% |
| Mastercard Incorporated |
0.88%
4,692
|
$2,069,944,000 | 1.22% |
| Broadcom Inc |
0.66%
1,229
|
$1,973,337,000 | 1.16% |
| Alphabet Inc Cap Stk Cl A |
4.03%
10,550
|
$1,921,728,000 | 1.13% |
| Ishares 10-20 Year Treasury Bond Etf |
1.83%
18,646
|
$1,914,944,000 | 1.13% |
| Grainger W W Inc Com |
8.90%
2,007
|
$1,810,796,000 | 1.06% |
| Mettler Toledo International Com |
0.47%
1,291
|
$1,804,289,000 | 1.06% |
| Oneascent Core Plus Bond Etf |
0.72%
74,369
|
$1,673,295,000 | 0.98% |
| Ishares Core Sp 500 Etf |
0.43%
2,758
|
$1,508,998,000 | 0.89% |
| Cheniere Energy Inc Com New |
5.67%
8,388
|
$1,466,474,000 | 0.86% |
| Mcdonalds Corp Com |
4.58%
5,454
|
$1,389,897,000 | 0.82% |
| Janus Henderson Mortgage-backed Securities Etf |
0.18%
31,082
|
$1,387,811,000 | 0.82% |
| Nike, Inc. |
1.48%
18,290
|
$1,378,528,000 | 0.81% |
| Pepsico Inc Com |
1.56%
8,321
|
$1,372,431,000 | 0.81% |
| Home Depot, Inc. |
3.35%
3,890
|
$1,338,927,000 | 0.79% |
| Merck Co Inc Com |
1.29%
10,716
|
$1,326,609,000 | 0.78% |
| Meta Platforms Inc |
9.42%
2,405
|
$1,212,665,000 | 0.71% |
| Invesco Qqq Trust Series I |
18.38%
2,460
|
$1,178,611,000 | 0.69% |
| Visa Inc |
3.61%
4,447
|
$1,167,210,000 | 0.69% |
| Berkshire Hathaway Inc Del Cl B New |
1.42%
2,853
|
$1,160,600,000 | 0.68% |
| Abbvie Inc |
14.00%
6,642
|
$1,139,195,000 | 0.67% |
| Alphabet Inc Cap Stk Cl C |
No change
6,189
|
$1,135,186,000 | 0.67% |
| Mondelez International Inc. |
9.73%
17,259
|
$1,129,429,000 | 0.66% |
| Johnson Johnson Com |
6.38%
7,648
|
$1,117,832,000 | 0.66% |
| Ishares Msci Intl Quality Factor Etf |
1.54%
26,627
|
$1,039,784,000 | 0.61% |
| Vanguard Tax-exempt Bond Etf |
3.95%
20,676
|
$1,036,074,000 | 0.61% |
| Unitedhealth Group Inc |
2.45%
2,005
|
$1,021,066,000 | 0.60% |
| Honeywell Intl Inc Com |
0.27%
4,747
|
$1,013,638,000 | 0.60% |
| Ishares Core Msci Eafe Etf |
5.06%
13,760
|
$999,526,000 | 0.59% |
| Oneascent International Equity Etf |
17.99%
30,730
|
$991,153,000 | 0.58% |
| Autodesk Inc. |
1.94%
3,994
|
$988,315,000 | 0.58% |
| Spdr Sp Dividend Etf |
0.14%
7,665
|
$974,835,000 | 0.57% |
| NextEra Energy Inc |
2.80%
13,531
|
$958,119,000 | 0.56% |
| Walmart Inc |
2.11%
13,986
|
$946,992,000 | 0.56% |
| Lockheed Martin Corp Com |
0.35%
2,022
|
$944,680,000 | 0.56% |
| Vanguard Value Etf |
7.02%
5,872
|
$941,941,000 | 0.55% |
| Jpmorgan Chase Co. Com |
0.31%
4,506
|
$911,464,000 | 0.54% |
| Wisdomtree Floating Rate Treasury Fund |
0.28%
17,879
|
$899,492,000 | 0.53% |
| Vanguard Small-cap Etf |
15.11%
4,122
|
$898,784,000 | 0.53% |
| Netflix Inc. |
0.76%
1,330
|
$897,590,000 | 0.53% |
| Qualcomm, Inc. |
0.26%
4,290
|
$854,440,000 | 0.50% |
| Union Pac Corp Com |
3.45%
3,724
|
$842,592,000 | 0.50% |
| Ishares Core Msci Emerging Markets Etf |
4.33%
15,502
|
$829,822,000 | 0.49% |
| Eaton Corp Plc Shs |
0.96%
2,641
|
$828,086,000 | 0.49% |
| Intuitive Surgical Inc Com New |
3.89%
1,845
|
$820,748,000 | 0.48% |
| Texas Instrs Inc Com |
No change
4,194
|
$815,859,000 | 0.48% |
| iShares MSCI Emerging Markets ex China ETF |
0.13%
13,466
|
$797,187,000 | 0.47% |
| Sysco Corp Com |
3.31%
10,579
|
$755,235,000 | 0.44% |
| Starbucks Corp Com |
4.48%
9,684
|
$753,873,000 | 0.44% |
| Invesco Sp 500 Equal Weight Technology Etf |
0.07%
20,501
|
$751,567,000 | 0.44% |
| Carlisle Cos Inc Com |
1.32%
1,839
|
$745,181,000 | 0.44% |
| Marriott Intl Inc New Cl A |
3.48%
3,004
|
$726,277,000 | 0.43% |
| Blackrock Inc. |
3.28%
912
|
$718,204,000 | 0.42% |
| Fifth Third Bancorp Com |
No change
19,241
|
$702,104,000 | 0.41% |
| Linde Plc Shs |
3.09%
1,567
|
$687,615,000 | 0.40% |
| Automatic Data Processing Inc. |
0.99%
2,760
|
$658,858,000 | 0.39% |
| Cisco Sys Inc Com |
8.52%
13,837
|
$657,415,000 | 0.39% |
| Prudential Finl Inc Com |
3.94%
5,599
|
$656,204,000 | 0.39% |
| Danaher Corporation Com |
2.85%
2,625
|
$655,856,000 | 0.39% |
| Oneascent Emerging Markets Etf |
20.63%
20,916
|
$635,846,000 | 0.37% |
| Ishares National Muni Bond Etf |
2.94%
5,941
|
$633,014,000 | 0.37% |
| American Tower Corp New Com |
10.65%
3,241
|
$629,925,000 | 0.37% |
| Phillips 66 Com |
1.33%
4,440
|
$626,795,000 | 0.37% |
| Verizon Communications Inc |
5.46%
15,059
|
$621,051,000 | 0.37% |
| Fortinet Inc |
1.10%
10,158
|
$612,223,000 | 0.36% |
| Cummins Inc. |
5.94%
2,211
|
$612,196,000 | 0.36% |
| ServiceNow Inc |
4.02%
776
|
$610,456,000 | 0.36% |
| Lowes Cos Inc Com |
3.73%
2,754
|
$607,147,000 | 0.36% |
| Tesla Inc |
11.01%
3,035
|
$600,566,000 | 0.35% |
| Janus Detroit Street Trust Janus Henderson Aaa Clo Etf |
Closed
11,736
|
$595,485,000 | |
| Pulte Group Inc Com |
No change
5,400
|
$594,540,000 | 0.35% |
| Corning, Inc. |
1.70%
15,012
|
$583,211,000 | 0.34% |
| Discover Finl Svcs Com |
4.78%
4,406
|
$576,303,000 | 0.34% |
| Bank America Corp Com |
6.12%
14,349
|
$570,660,000 | 0.34% |
| T-Mobile US Inc |
4.66%
3,235
|
$569,942,000 | 0.34% |
| Spdr Portfolio Sp 600 Small Cap Etf |
1.53%
13,716
|
$569,625,000 | 0.33% |
| Genuine Parts Co Com |
4.47%
4,092
|
$565,954,000 | 0.33% |
| Accenture Plc Ireland Shs Class A |
3.75%
1,828
|
$554,633,000 | 0.33% |
| Vanguard Total Bond Market Etf |
5.41%
7,693
|
$554,281,000 | 0.33% |
| Air Prods Chems Inc Com |
2.24%
2,142
|
$552,854,000 | 0.32% |
| Illinois Tool Wks Inc Com |
4.73%
2,327
|
$551,406,000 | 0.32% |
| iShares MSCI China ETF |
1.86%
12,719
|
$536,360,000 | 0.32% |
| Ishares Global Healthcare Etf |
0.07%
5,740
|
$532,902,000 | 0.31% |
| Cintas Corp Com |
0.40%
755
|
$528,696,000 | 0.31% |
| Oracle Corp Com |
No change
3,667
|
$517,780,000 | 0.30% |
| Waste Mgmt Inc Del Com |
0.98%
2,369
|
$505,447,000 | 0.30% |
| Altria Group Inc. |
26.09%
11,063
|
$503,920,000 | 0.30% |
| Spdr Gold Shares |
5.85%
2,302
|
$494,953,000 | 0.29% |
| Spdr Portfolio Short Term Treasury Etf |
74.88%
17,126
|
$494,428,000 | 0.29% |
| Trane Technologies Plc Shs |
27.19%
1,478
|
$486,159,000 | 0.29% |
| Conocophillips Com |
0.07%
4,243
|
$485,360,000 | 0.29% |
| Salesforce Inc |
0.59%
1,880
|
$483,348,000 | 0.28% |
| Interpublic Group Cos Inc Com |
1.00%
16,187
|
$470,889,000 | 0.28% |
| Gallagher Arthur J Co Com |
4.27%
1,809
|
$469,170,000 | 0.28% |
| Ishares Core U.s. Aggregate Bond Etf |
3.77%
4,820
|
$467,877,000 | 0.28% |
| Boeing Co Com |
2.60%
2,546
|
$463,397,000 | 0.27% |
| Kroger Co Com |
0.16%
8,981
|
$448,413,000 | 0.26% |
| Realty Income Corp Com |
17.14%
8,411
|
$444,280,000 | 0.26% |
| Colgate Palmolive Co Com |
1.11%
4,265
|
$413,876,000 | 0.24% |
| Rockwell Automation Inc |
0.73%
1,489
|
$409,892,000 | 0.24% |
| Elevance Health Inc Com |
0.80%
753
|
$408,122,000 | 0.24% |
| Enterprise Prods Partners L P Com |
No change
12,976
|
$376,044,000 | 0.22% |
| Occidental Pete Corp Com |
61.33%
5,911
|
$372,570,000 | 0.22% |
| Crowdstrike Holdings Inc |
5.25%
963
|
$369,012,000 | 0.22% |
| Chubb Limited Com |
4.71%
1,446
|
$368,900,000 | 0.22% |
| Booking Holdings Inc |
5.75%
92
|
$364,531,000 | 0.21% |
| Vanguard Ftse Europe Etf |
0.64%
5,449
|
$363,830,000 | 0.21% |
| Idexx Labs Inc Com |
0.40%
741
|
$361,015,000 | 0.21% |
| Energy Select Sector Spdr Fund |
3.70%
3,892
|
$354,756,000 | 0.21% |
| Chipotle Mexican Grill |
Opened
5,650
|
$353,973,000 | 0.21% |
| Graniteshares Gold Shares |
0.28%
15,331
|
$352,000,000 | 0.21% |
| Schlumberger Ltd Com Stk |
4.93%
7,449
|
$351,444,000 | 0.21% |
| Caci International Inc. |
No change
785
|
$337,652,000 | 0.20% |
| Comcast Corp New Cl A |
17.71%
8,604
|
$336,916,000 | 0.20% |
| Jpmorgan Betabuilders Japan Etf |
0.03%
5,919
|
$334,009,000 | 0.20% |
| Thermo Fisher Scientific Inc. |
No change
603
|
$333,459,000 | 0.20% |
| Palantir Technologies Inc. |
9.21%
12,652
|
$320,475,000 | 0.19% |
| Parker-hannifin Corp Com |
14.55%
630
|
$318,660,000 | 0.19% |
| Financial Select Sector Spdr Fund |
0.09%
7,729
|
$317,739,000 | 0.19% |
| Ishares U.s. Aerospace Defense Etf |
28.11%
2,294
|
$302,923,000 | 0.18% |
| Quadratic Interest Rate Volatility Inflation Hedge Etf |
0.39%
16,244
|
$300,676,000 | 0.18% |
| Canadian Pacific Kansas City Com |
No change
3,799
|
$299,095,000 | 0.18% |
| The Cigna Group Com |
No change
888
|
$293,546,000 | 0.17% |
| Stryker Corporation Com |
3.79%
862
|
$293,296,000 | 0.17% |
| Eog Res Inc Com |
0.74%
2,307
|
$290,382,000 | 0.17% |
| Vanguard Sp 500 Etf |
Opened
557
|
$278,572,000 | 0.16% |
| Pioneer Nat Res Co Com |
Closed
1,036
|
$271,950,000 | |
| Eastman Chem Co Com |
2.71%
2,766
|
$270,985,000 | 0.16% |
| Martin Marietta Matls Inc Com |
7.84%
495
|
$268,231,000 | 0.16% |
| Abbott Labs Com |
44.83%
2,572
|
$267,257,000 | 0.16% |
| Transdigm Group Incorporated |
7.25%
207
|
$264,465,000 | 0.16% |
| Marsh Mclennan Cos Inc Com |
7.61%
1,250
|
$263,400,000 | 0.15% |
| Cvs Health Corp Com |
Closed
3,297
|
$262,969,000 | |
| Pacer Data Infrastructure Real Estate Etf |
6.82%
9,432
|
$257,871,000 | 0.15% |
| Janus Henderson B-bbb Clo Etf |
Opened
5,223
|
$256,867,000 | 0.15% |
| Pimco Corporate Income Oppor Com |
0.43%
17,715
|
$253,496,000 | 0.15% |
| Stellar Bancorp Inc Com |
No change
10,658
|
$244,708,000 | 0.14% |
| Huntington Bancshares, Inc. |
No change
18,414
|
$242,697,000 | 0.14% |
| Darden Restaurants, Inc. |
No change
1,570
|
$237,572,000 | 0.14% |
| Coca Cola Co Com |
Opened
3,679
|
$234,168,000 | 0.14% |
| Disney Walt Co Com |
Closed
1,884
|
$230,526,000 | |
| Service Corp Intl Com |
No change
3,200
|
$227,616,000 | 0.13% |
| Taiwan Semiconductor Mfg Ltd Sponsored Ads |
Opened
1,290
|
$224,215,000 | 0.13% |
| Ishares Core Sp Small Cap Etf |
8.22%
2,088
|
$222,706,000 | 0.13% |
| Duke Energy Corp New Com New |
Opened
2,181
|
$218,602,000 | 0.13% |
| Cardinal Health, Inc. |
Closed
1,902
|
$212,834,000 | |
| Nucor Corp Com |
No change
1,321
|
$208,824,000 | 0.12% |
| Northrop Grumman Corp Com |
Closed
433
|
$207,260,000 | |
| Broadridge Finl Solutions Inc Com |
0.10%
1,049
|
$206,653,000 | 0.12% |
| Ishares Global Consumer Staples Etf |
Closed
3,377
|
$206,098,000 | |
| The Trade Desk Inc Com Cl A |
Opened
2,100
|
$205,107,000 | 0.12% |
| Us Bancorp Del Com New |
Closed
4,578
|
$204,637,000 | |
| Caterpillar Inc. |
No change
612
|
$203,857,000 | 0.12% |
| Intel Corp Com |
No change
6,572
|
$203,540,000 | 0.12% |
| General Mls Inc Com |
Closed
2,898
|
$202,773,000 | |
| Ingersoll Rand Inc. |
Opened
2,219
|
$201,574,000 | 0.12% |
| Csx Corp Com |
0.87%
6,013
|
$201,135,000 | 0.12% |
| Special Opportunities Fd Inc Com |
No change
13,825
|
$180,831,000 | 0.11% |
| Saba Capital Income Opportun Com New |
Opened
18,490
|
$144,222,000 | 0.08% |
| Saba Capital Income Opportun Com |
Closed
36,980
|
$141,264,000 | |
| Blackrock Munivest Fd Inc Com |
Closed
15,284
|
$107,905,000 | |
| Re Max Hldgs Inc Cl A |
No change
10,610
|
$85,941,000 | 0.05% |
| Microchip Technology Inc. 1.625 02/15/2025 |
No change
10,000
|
$42,570,000 | 0.03% |
| Sirius XM Holdings Inc |
No change
15,000
|
$42,450,000 | 0.02% |
| Southwest Airls Co 1.25 05/01/2025 |
No change
18,000
|
$17,997,000 | 0.01% |
| Insmed Inc 1.75 01/15/2025 |
No change
10,000
|
$17,111,000 | 0.01% |
| Insulet Corp 0.375 09/01/2026 |
No change
12,000
|
$13,168,000 | 0.01% |
| Repligen Corp 0.375 07/15/2024 |
No change
10,000
|
$11,866,000 | 0.01% |
| Snap Inc 0.75 08/01/2026 |
No change
10,000
|
$10,710,000 | 0.01% |
| Chegg Inc 0.125 03/15/2025 |
No change
10,000
|
$9,305,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 182 holdings | |||
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