New Capital Management L.P. 13F annual report
New Capital Management L.P. is an investment fund managing more than $326 billion ran by Jaycee Smalley. There are currently 33 companies in Mrs. Smalley’s portfolio. The largest investments include Dimensional Etf Trust and Berkshire Hathaway, together worth $229 billion.
$326 billion Assets Under Management (AUM)
As of 4th July 2024, New Capital Management L.P.’s top holding is 5,981,545 shares of Dimensional Etf Trust currently worth over $179 billion and making up 55.1% of the portfolio value.
In addition, the fund holds 119,538 shares of Berkshire Hathaway worth $49.2 billion, whose value grew 11.0% in the past six months.
The third-largest holding is Apple Inc worth $17.6 billion and the next is Ishares Tr worth $44 billion, with 566,097 shares owned.
Currently, New Capital Management L.P.'s portfolio is worth at least $326 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 New Capital Management L.P.
The New Capital Management L.P. office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Jaycee Smalley serves as the Vice President at New Capital Management L.P..
Recent trades
In the most recent 13F filing, New Capital Management L.P. revealed that it had opened a new position in
Ishares Tr and bought 6,493 shares worth $277 million.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
17,381 additional shares.
This makes their stake in Dimensional Etf Trust total 5,981,545 shares worth $179 billion.
On the other hand, there are companies that New Capital Management L.P. is getting rid of from its portfolio.
New Capital Management L.P. closed its position in Ishares Tr on 11th July 2024.
It sold the previously owned 79,573 shares for $7.08 billion.
Jaycee Smalley also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $17.6 billion and 83,444 shares.
One of the smaller hedge funds
The two most similar investment funds to New Capital Management L.P. are Cook Street Consulting and Lead Edge Capital Management. They manage $326 billion and $325 billion respectively.
Jaycee Smalley investment strategy
New Capital Management L.P.’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 15.5% of
the total portfolio value.
The fund focuses on investments in the United States as
45.5% 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
58% 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 $442 billion.
The complete list of New Capital Management L.P. trades based on 13F SEC filings
These positions were updated on July 11th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
0.29%
5,981,545
|
$179,354,280,000 | 55.10% |
| Berkshire Hathaway Inc. |
9.47%
119,538
|
$49,239,965,000 | 15.13% |
| Apple Inc |
4.24%
83,444
|
$17,574,957,000 | 5.40% |
| Ishares Tr |
14.53%
566,097
|
$43,997,358,000 | 13.52% |
| Pepsico Inc |
No change
58,296
|
$9,614,802,000 | 2.95% |
| Ishares Tr |
Closed
79,573
|
$7,076,213,000 | |
| Microsoft Corporation |
1.07%
8,252
|
$3,688,127,000 | 1.13% |
| Vanguard Bd Index Fds |
2.33%
76,387
|
$4,763,839,000 | 1.46% |
| J P Morgan Exchange Traded F |
2.81%
60,208
|
$3,046,298,000 | 0.94% |
| Amazon.com Inc. |
10.91%
8,170
|
$1,578,853,000 | 0.49% |
| Vanguard Intl Equity Index F |
0.73%
10,382
|
$1,169,277,000 | 0.36% |
| Yum Brands Inc. |
No change
8,662
|
$1,147,378,000 | 0.35% |
| Kimco Rlty Corp |
No change
58,320
|
$1,134,914,000 | 0.35% |
| Mastercard Incorporated |
No change
2,142
|
$944,965,000 | 0.29% |
| Meta Platforms Inc |
No change
1,608
|
$810,786,000 | 0.25% |
| Costco Whsl Corp New |
No change
884
|
$751,603,000 | 0.23% |
| Exxon Mobil Corp. |
18.18%
5,200
|
$598,624,000 | 0.18% |
| Ishares Inc |
Closed
11,573
|
$597,167,000 | |
| Occidental Pete Corp |
No change
9,112
|
$574,329,000 | 0.18% |
| Alphabet Inc |
No change
6,084
|
$1,112,087,000 | 0.34% |
| Abbvie Inc |
No change
3,000
|
$514,560,000 | 0.16% |
| Netflix Inc. |
No change
738
|
$498,061,000 | 0.15% |
| Vanguard Index Fds |
6.52%
866
|
$433,113,000 | 0.13% |
| MercadoLibre Inc |
No change
200
|
$328,680,000 | 0.10% |
| Ishares U S Etf Tr |
11.10%
5,580
|
$280,841,000 | 0.09% |
| Ishares Tr |
Opened
6,493
|
$276,536,000 | 0.08% |
| Yum China Holdings Inc |
No change
8,853
|
$273,017,000 | 0.08% |
| Home Depot, Inc. |
No change
772
|
$265,583,000 | 0.08% |
| CSX Corp. |
No change
7,884
|
$263,730,000 | 0.08% |
| Blackrock Etf Trust Ii |
No change
11,160
|
$252,662,000 | 0.08% |
| Thermo Fisher Scientific Inc. |
No change
433
|
$239,232,000 | 0.07% |
| Spdr S&p 500 Etf Tr |
Opened
437
|
$237,787,000 | 0.07% |
| Autozone Inc. |
No change
75
|
$222,308,000 | 0.07% |
| Aon plc. |
No change
741
|
$217,551,000 | 0.07% |
| Conocophillips |
Closed
1,620
|
$206,194,000 | |
| Warner Bros. Discovery, Inc. |
Opened
12,700
|
$94,488,000 | 0.03% |
| Compass Therapeutics Inc |
Closed
21,131
|
$41,839,000 | |
| No transactions found | |||
| Showing first 500 out of 37 holdings | |||
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