Provident Trust Co 13F annual report
Provident Trust Co is an investment fund managing more than $5.39 trillion ran by James Daley. There are currently 27 companies in Mr. Daley’s portfolio. The largest investments include Costco Whsl Corp New Com and Alphabet Inc, together worth $1.35 trillion.
$5.39 trillion Assets Under Management (AUM)
As of 29th July 2024, Provident Trust Co’s top holding is 840,485 shares of Costco Whsl Corp New Com currently worth over $714 billion and making up 13.3% of the portfolio value.
In addition, the fund holds 3,461,680 shares of Alphabet Inc worth $635 billion, whose value grew 16.0% in the past six months.
The third-largest holding is Alphabet Inc worth $627 billion and the next is Accenture plc worth $475 billion, with 1,564,785 shares owned.
Currently, Provident Trust Co's portfolio is worth at least $5.39 trillion. 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 Provident Trust Co
The Provident Trust Co office and employees reside in Waukesha, Wisconsin. According to the last 13-F report filed with the SEC, James Daley serves as the Chief Compliance Officer at Provident Trust Co.
Recent trades
In the most recent 13F filing, Provident Trust Co revealed that it had increased its stake in
Accenture plc and bought 4,483 additional shares worth around $1 million.
This means they effectively own approximately 0.1% of the company.
Accenture plc makes up
27.3%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, James Daley disclosed a decreased stake in Costco Whsl Corp New Com by approximately 0.1%.
This leaves the value of the investment at $714 billion and 840,485 shares.
One of the largest hedge funds
The two most similar investment funds to Provident Trust Co are Ctc and Hm Payson & Co. They manage $5.38 trillion and $5.38 trillion respectively.
James Daley investment strategy
Provident Trust Co’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 32.2% of
the total portfolio value.
The fund focuses on investments in the United States as
48.1% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $364 billion.
The complete list of Provident Trust Co 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 |
|---|---|---|---|
| Costco Whsl Corp New Com |
0.40%
840,485
|
$714,403,845,000 | 13.26% |
| Alphabet Inc |
12.28%
3,461,680
|
$634,941,345,000 | 11.79% |
| Alphabet Inc |
12.51%
3,440,266
|
$626,644,452,000 | 11.63% |
| Accenture plc |
0.29%
1,564,785
|
$474,771,417,000 | 8.81% |
| Visa Inc |
0.68%
1,467,493
|
$385,172,888,000 | 7.15% |
| Pnc Financial Svs Grp |
0.29%
2,188,889
|
$340,328,462,000 | 6.32% |
| Unitedhealth Group Inc |
0.39%
629,681
|
$320,671,346,000 | 5.95% |
| Schwab Charles Cp New Com |
0.88%
4,306,555
|
$317,350,038,000 | 5.89% |
| T Rowe Price Grp Inc |
0.29%
2,389,823
|
$275,570,490,000 | 5.12% |
| Southwest Airlines Co |
0.96%
7,835,186
|
$224,164,671,000 | 4.16% |
| Home Depot, Inc. |
0.39%
626,572
|
$215,691,145,000 | 4.00% |
| Tractor Supply Co Com |
1.63%
668,562
|
$180,511,740,000 | 3.35% |
| Fastenal Co. |
0.11%
2,763,048
|
$173,629,936,000 | 3.22% |
| TJX Companies, Inc. |
1.12%
1,571,214
|
$172,990,661,000 | 3.21% |
| Fiserv, Inc. |
1.77%
1,086,312
|
$161,903,940,000 | 3.01% |
| Gsk Plc Sponsored Adr |
1.76%
3,886,837
|
$149,643,224,000 | 2.78% |
| Apple Computer Inc |
1.00%
28,785
|
$6,062,697,000 | 0.11% |
| Microsoft Corp Com |
No change
8,298
|
$3,708,791,000 | 0.07% |
| Berkshire Hathaway Inc Cl B Ne |
No change
6,015
|
$2,446,902,000 | 0.05% |
| Abbvie Inc |
No change
11,070
|
$1,898,726,000 | 0.04% |
| Abbott Laboratories |
No change
11,070
|
$1,150,284,000 | 0.02% |
| Mastercard Incorporated |
No change
2,380
|
$1,049,961,000 | 0.02% |
| Sherwin Williams Co Com |
No change
3,000
|
$895,290,000 | 0.02% |
| Thermo Fisher Scientific Inc. |
No change
1,010
|
$558,530,000 | 0.01% |
| Ppg Inds Inc Com |
No change
3,984
|
$501,546,000 | 0.01% |
| Procter & Gamble Co. |
No change
2,800
|
$461,776,000 | 0.01% |
| Johnson & Johnson Com |
No change
2,509
|
$366,715,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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