Kercheville Advisors 13F annual report
Kercheville Advisors is an investment fund managing more than $151 billion ran by Jeffrey Dabbs. There are currently 80 companies in Mr. Dabbs’s portfolio. The largest investments include Amazon.com and Apple Inc, together worth $34.2 billion.
$151 billion Assets Under Management (AUM)
As of 23rd July 2024, Kercheville Advisors’s top holding is 96,944 shares of Amazon.com currently worth over $18.7 billion and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Kercheville Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 73,219 shares of Apple Inc worth $15.4 billion, whose value grew 19.3% in the past six months.
The third-largest holding is NVIDIA Corp worth $11.9 billion and the next is Alphabet Inc worth $18.2 billion, with 99,322 shares owned.
Currently, Kercheville Advisors's portfolio is worth at least $151 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 Kercheville Advisors
The Kercheville Advisors office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Jeffrey Dabbs serves as the CCO at Kercheville Advisors.
Recent trades
In the most recent 13F filing, Kercheville Advisors revealed that it had opened a new position in
Sunoco Lp/sunoco Fin Corp and bought 154,033 shares worth $8.71 billion.
The investment fund also strengthened its position in Amazon.com by buying
3,749 additional shares.
This makes their stake in Amazon.com total 96,944 shares worth $18.7 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Kercheville Advisors is getting rid of from its portfolio.
Kercheville Advisors closed its position in Inmode Ltd on 30th July 2024.
It sold the previously owned 93,475 shares for $2.85 billion.
Jeffrey Dabbs also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $15.4 billion and 73,219 shares.
One of the smallest hedge funds
The two most similar investment funds to Kercheville Advisors are Eukles Asset Management and Addison Capital Co. They manage $230 billion and $230 billion respectively.
Jeffrey Dabbs investment strategy
Kercheville Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 27.5% of
the total portfolio value.
The fund focuses on investments in the United States as
52.5% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $225 billion.
The complete list of Kercheville Advisors trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Amazon.com Inc. |
4.02%
96,944
|
$18,734,362,000 | 8.15% |
| Apple Inc |
0.10%
73,219
|
$15,421,477,000 | 6.71% |
| NVIDIA Corp |
2,271.64%
96,336
|
$11,901,408,000 | 5.18% |
| Alphabet Inc |
4.14%
99,322
|
$18,171,205,000 | 7.90% |
| Microsoft Corporation |
24.18%
25,055
|
$11,198,149,000 | 4.87% |
| Costco Whsl Corp New |
0.89%
12,319
|
$10,471,302,000 | 4.55% |
| Sunoco Lp/sunoco Fin Corp |
Opened
154,033
|
$8,709,026,000 | 3.79% |
| Netflix Inc. |
19.44%
11,890
|
$8,024,323,000 | 3.49% |
| Meta Platforms Inc |
26.24%
15,648
|
$7,890,035,000 | 3.43% |
| Exxon Mobil Corp. |
5.95%
67,902
|
$7,816,845,000 | 3.40% |
| Agnico Eagle Mines Ltd |
6.36%
116,029
|
$7,588,324,000 | 3.30% |
| Hess Midstream LP |
0.23%
200,711
|
$7,313,909,000 | 3.18% |
| MPLX LP |
0.03%
167,332
|
$7,126,662,000 | 3.10% |
| Eli Lilly & Co |
119.90%
7,745
|
$7,012,168,000 | 3.05% |
| VanEck ETF Trust |
19.74%
272,711
|
$10,050,812,000 | 4.37% |
| Uber Technologies Inc |
18.85%
75,425
|
$5,481,889,000 | 2.38% |
| Blackstone Inc |
1.10%
41,784
|
$5,172,824,000 | 2.25% |
| Micron Technology Inc. |
Opened
35,275
|
$4,639,721,000 | 2.02% |
| Celsius Holdings Inc |
Opened
70,750
|
$4,039,118,000 | 1.76% |
| Hess Corporation |
27.07%
26,200
|
$3,865,024,000 | 1.68% |
| Starbucks Corp. |
11.53%
48,842
|
$3,802,385,000 | 1.65% |
| DraftKings Inc. |
41.05%
83,500
|
$3,187,195,000 | 1.39% |
| Inmode Ltd |
Closed
93,475
|
$2,847,249,000 | |
| Walmart Inc |
Opened
41,669
|
$2,821,385,000 | 1.23% |
| Southwest Airls Co |
19.98%
96,620
|
$2,764,298,000 | 1.20% |
| Energy Transfer L P |
0.08%
131,900
|
$2,139,418,000 | 0.93% |
| Immunogen, Inc. |
Closed
116,577
|
$1,850,077,000 | |
| Harmony Gold Mining Co Ltd |
Opened
199,900
|
$1,833,083,000 | 0.80% |
| Mcdonalds Corp |
17.65%
7,183
|
$1,830,400,000 | 0.80% |
| Newmont Corp |
Closed
44,671
|
$1,650,593,000 | |
| Berkshire Hathaway Inc. |
1.27%
3,981
|
$2,253,504,000 | 0.98% |
| Tesla Inc |
14.81%
7,788
|
$1,541,089,000 | 0.67% |
| Akamai Technologies Inc |
31.33%
14,880
|
$1,340,390,000 | 0.58% |
| Spdr Gold Tr |
17.72%
6,079
|
$1,307,046,000 | 0.57% |
| Select Sector Spdr Tr |
Opened
18,800
|
$1,281,032,000 | 0.56% |
| Las Vegas Sands Corp |
Opened
27,377
|
$1,211,433,000 | 0.53% |
| Alamo Group Inc. |
7.89%
7,000
|
$1,211,000,000 | 0.53% |
| Home Depot, Inc. |
No change
3,310
|
$1,139,434,000 | 0.50% |
| Sprott Fds Tr |
Opened
20,275
|
$998,341,000 | 0.43% |
| Novo-nordisk A S |
6.08%
6,950
|
$992,043,000 | 0.43% |
| Deere & Co. |
23.81%
2,600
|
$971,438,000 | 0.42% |
| Alamos Gold Inc. |
71.25%
61,650
|
$966,968,000 | 0.42% |
| Cameco Corp. |
30.96%
18,284
|
$899,573,000 | 0.39% |
| Spdr Ser Tr |
Opened
9,680
|
$897,433,000 | 0.39% |
| Caterpillar Inc. |
No change
2,500
|
$832,750,000 | 0.36% |
| Franco Nev Corp |
20.57%
6,753
|
$800,410,000 | 0.35% |
| Ishares Silver Tr |
68.82%
28,700
|
$762,559,000 | 0.33% |
| Shopify Inc |
17.99%
10,485
|
$692,534,000 | 0.30% |
| Trade Desk Inc |
Opened
6,660
|
$650,482,000 | 0.28% |
| Goldman Sachs Group, Inc. |
Opened
1,403
|
$634,605,000 | 0.28% |
| Ishares Tr |
Opened
11,000
|
$613,580,000 | 0.27% |
| Advanced Micro Devices Inc. |
46.36%
3,615
|
$586,389,000 | 0.26% |
| Schlumberger Ltd. |
79.86%
12,350
|
$582,673,000 | 0.25% |
| Bristol-Myers Squibb Co. |
Closed
9,354
|
$542,902,000 | |
| Trane Technologies plc |
No change
1,506
|
$495,369,000 | 0.22% |
| Alps Etf Tr |
37.93%
10,000
|
$479,800,000 | 0.21% |
| Generac Holdings Inc |
Closed
4,100
|
$446,736,000 | |
| JPMorgan Chase & Co. |
Opened
2,070
|
$418,678,000 | 0.18% |
| Visa Inc |
8.89%
1,470
|
$385,831,000 | 0.17% |
| Tortoise Midstrm Energy Fd I |
Opened
8,969
|
$385,200,000 | 0.17% |
| Intuitive Surgical Inc |
Opened
865
|
$384,795,000 | 0.17% |
| Fs Credit Opportunities Corp |
0.05%
58,728
|
$374,100,000 | 0.16% |
| Freeport-McMoRan Inc |
27.74%
7,610
|
$369,839,000 | 0.16% |
| Chart Inds Inc |
Closed
2,160
|
$365,299,000 | |
| Broadcom Inc |
Opened
224
|
$359,639,000 | 0.16% |
| Steel Dynamics Inc. |
No change
2,705
|
$350,298,000 | 0.15% |
| Pepsico Inc |
Closed
2,000
|
$338,880,000 | |
| Templeton Emerging Mkts Inco |
20.80%
61,690
|
$328,809,000 | 0.14% |
| Garmin Ltd |
No change
2,000
|
$325,840,000 | 0.14% |
| Enovix Corporation |
Closed
22,650
|
$284,258,000 | |
| ServiceNow Inc |
Opened
330
|
$259,601,000 | 0.11% |
| Upstart Holdings, Inc. |
No change
10,000
|
$235,900,000 | 0.10% |
| Chevron Corp. |
Opened
1,480
|
$231,502,000 | 0.10% |
| Boeing Co. |
21.97%
1,225
|
$222,949,000 | 0.10% |
| Valero Energy Corp. |
Opened
1,382
|
$216,688,000 | 0.09% |
| Doubleline Opportunistic Cr |
9.40%
14,011
|
$215,202,000 | 0.09% |
| United Parcel Service, Inc. |
No change
1,537
|
$210,325,000 | 0.09% |
| Nuveen Amt Free Mun Cr Inc F |
16.84%
16,453
|
$205,003,000 | 0.09% |
| Nuveen Quality Muncp Income |
13.69%
15,441
|
$181,277,000 | 0.08% |
| Invesco Calif Value Mun Inco |
No change
17,000
|
$177,140,000 | 0.08% |
| SoFi Technologies, Inc. |
Closed
21,950
|
$175,381,000 | |
| Nuveen Mun High Income Oppor |
0.31%
14,922
|
$161,005,000 | 0.07% |
| Pimco Mun Income Fd Iii |
No change
17,000
|
$133,960,000 | 0.06% |
| Invesco Mun Opportunity Tr |
No change
13,067
|
$131,715,000 | 0.06% |
| Invesco Tr Invt Grade Muns |
0.43%
12,436
|
$127,713,000 | 0.06% |
| Invesco Pa Value Mun Inc Tr |
No change
11,000
|
$119,460,000 | 0.05% |
| Nuveen Amt Free Qlty Mun Inc |
No change
10,283
|
$117,843,000 | 0.05% |
| Pimco Mun Income Fd Ii |
8.77%
10,400
|
$88,712,000 | 0.04% |
| Allspring Global Dividend Op |
Opened
10,050
|
$48,843,000 | 0.02% |
| Fuelcell Energy Inc |
Closed
17,950
|
$22,976,000 | |
| No transactions found | |||
| Showing first 500 out of 90 holdings | |||
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