Griffin Asset Management, Inc 13F annual report
Griffin Asset Management, Inc is an investment fund managing more than $855 billion ran by Duncan Smith. There are currently 201 companies in Mr. Smith’s portfolio. The largest investments include Universal Display and Apple Inc, together worth $139 billion.
$855 billion Assets Under Management (AUM)
As of 16th July 2024, Griffin Asset Management, Inc’s top holding is 464,337 shares of Universal Display currently worth over $97.6 billion and making up 11.4% of the portfolio value.
Relative to the number of outstanding shares of Universal Display, Griffin Asset Management, Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 196,419 shares of Apple Inc worth $41.4 billion, whose value grew 14.9% in the past six months.
The third-largest holding is Microsoft worth $37.3 billion and the next is Asml Holding N V worth $19.3 billion, with 18,919 shares owned.
Currently, Griffin Asset Management, Inc's portfolio is worth at least $855 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 Griffin Asset Management, Inc
The Griffin Asset Management, Inc office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Duncan Smith serves as the Chief Compliance Officer at Griffin Asset Management, Inc.
Recent trades
In the most recent 13F filing, Griffin Asset Management, Inc revealed that it had opened a new position in
Carrier Global and bought 20,547 shares worth $1.3 billion.
This means they effectively own approximately 0.1% of the company.
Carrier Global makes up
1.7%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
795 additional shares.
This makes their stake in Microsoft total 83,564 shares worth $37.3 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Griffin Asset Management, Inc is getting rid of from its portfolio.
Griffin Asset Management, Inc closed its position in Medtronic Plc on 23rd July 2024.
It sold the previously owned 18,324 shares for $1.6 billion.
Duncan Smith also disclosed a decreased stake in Universal Display by approximately 0.1%.
This leaves the value of the investment at $97.6 billion and 464,337 shares.
One of the average hedge funds
The two most similar investment funds to Griffin Asset Management, Inc are Prospector Partners and Coastline Trust Co. They manage $855 billion and $854 billion respectively.
Duncan Smith investment strategy
Griffin Asset Management, Inc’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 24.3% of
the total portfolio value.
The fund focuses on investments in the United States as
60.2% 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
56% 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 $135 billion.
The complete list of Griffin Asset Management, Inc trades based on 13F SEC filings
These positions were updated on July 23rd 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 |
|---|---|---|---|
| Universal Display Corp. |
9.01%
464,337
|
$97,626,773,000 | 11.41% |
| Apple Inc |
0.34%
196,419
|
$41,369,840,000 | 4.84% |
| Microsoft Corporation |
0.96%
83,564
|
$37,348,815,000 | 4.37% |
| Asml Holding N V |
0.02%
18,919
|
$19,348,960,000 | 2.26% |
| Tjx Cos Inc New |
1.39%
154,502
|
$17,010,628,000 | 1.99% |
| Wells Fargo Co New |
3.51%
250,010
|
$14,848,097,000 | 1.74% |
| Home Depot, Inc. |
2.09%
42,983
|
$14,796,448,000 | 1.73% |
| Amazon.com Inc. |
3.43%
74,871
|
$14,468,813,000 | 1.69% |
| Abbvie Inc |
0.09%
83,528
|
$14,326,737,000 | 1.67% |
| Qualcomm, Inc. |
6.18%
70,388
|
$14,019,882,000 | 1.64% |
| JPMorgan Chase & Co. |
0.33%
67,442
|
$13,640,866,000 | 1.59% |
| Merck & Co Inc |
0.86%
109,568
|
$13,564,559,000 | 1.59% |
| Visa Inc |
1.33%
50,906
|
$13,361,298,000 | 1.56% |
| Bank America Corp |
1.32%
329,248
|
$13,094,186,000 | 1.53% |
| Johnson & Johnson |
11.19%
88,385
|
$12,918,303,000 | 1.51% |
| Danaher Corp. |
0.01%
50,914
|
$12,720,863,000 | 1.49% |
| NVIDIA Corp |
947.12%
101,780
|
$12,573,939,000 | 1.47% |
| American Express Co. |
9.15%
51,908
|
$12,019,297,000 | 1.41% |
| Chevron Corp. |
0.13%
73,884
|
$11,556,969,000 | 1.35% |
| Walmart Inc |
2.01%
161,319
|
$10,922,909,000 | 1.28% |
| Coca-Cola Co |
0.11%
169,255
|
$10,773,081,000 | 1.26% |
| Honeywell International Inc |
0.05%
49,760
|
$10,625,750,000 | 1.24% |
| Air Prods & Chems Inc |
26.48%
40,987
|
$10,576,695,000 | 1.24% |
| Exxon Mobil Corp. |
15.62%
87,135
|
$10,030,953,000 | 1.17% |
| Goldman Sachs Group, Inc. |
0.08%
21,889
|
$9,900,832,000 | 1.16% |
| Disney Walt Co |
6.46%
97,281
|
$9,659,073,000 | 1.13% |
| Starbucks Corp. |
14.08%
119,955
|
$9,338,527,000 | 1.09% |
| Target Corp |
0.53%
62,685
|
$9,279,887,000 | 1.08% |
| Dover Corp. |
7.22%
48,941
|
$8,831,318,000 | 1.03% |
| Blackstone Inc |
1.14%
67,370
|
$8,340,421,000 | 0.98% |
| RTX Corp |
0.69%
81,687
|
$8,200,558,000 | 0.96% |
| Unitedhealth Group Inc |
3.36%
15,975
|
$8,135,428,000 | 0.95% |
| Berkshire Hathaway Inc. |
1.11%
11,127
|
$12,480,308,000 | 1.46% |
| Oracle Corp. |
10.98%
55,706
|
$7,865,742,000 | 0.92% |
| Accenture Plc Ireland |
30.25%
24,687
|
$7,490,283,000 | 0.88% |
| Costco Whsl Corp New |
0.08%
8,690
|
$7,386,413,000 | 0.86% |
| Alphabet Inc |
0.49%
70,494
|
$12,891,363,000 | 1.51% |
| Trade Desk Inc |
4.60%
70,610
|
$6,896,479,000 | 0.81% |
| Abbott Labs |
0.67%
65,383
|
$6,793,948,000 | 0.79% |
| United Parcel Service, Inc. |
3.13%
48,049
|
$6,575,522,000 | 0.77% |
| Procter And Gamble Co |
0.78%
37,739
|
$6,223,983,000 | 0.73% |
| Zoetis Inc |
5.72%
34,287
|
$5,943,994,000 | 0.69% |
| Illinois Tool Wks Inc |
0.66%
23,899
|
$5,663,107,000 | 0.66% |
| Caterpillar Inc. |
0.15%
16,847
|
$5,611,836,000 | 0.66% |
| Freeport-McMoRan Inc |
0.81%
105,167
|
$5,111,116,000 | 0.60% |
| Crane Co |
0.01%
33,948
|
$4,921,781,000 | 0.58% |
| Conocophillips |
1.47%
42,329
|
$4,841,606,000 | 0.57% |
| Shell Plc |
3.07%
65,822
|
$4,751,048,000 | 0.56% |
| Lockheed Martin Corp. |
0.87%
9,704
|
$4,532,796,000 | 0.53% |
| APA Corporation |
0.53%
150,612
|
$4,434,017,000 | 0.52% |
| Ulta Beauty Inc |
3.26%
11,432
|
$4,411,266,000 | 0.52% |
| Matador Res Co |
0.03%
73,514
|
$4,381,434,000 | 0.51% |
| Truist Finl Corp |
3.12%
112,701
|
$4,378,434,000 | 0.51% |
| Vertex Pharmaceuticals, Inc. |
1.19%
8,698
|
$4,076,927,000 | 0.48% |
| Enbridge Inc |
3.21%
111,560
|
$3,970,406,000 | 0.46% |
| Broadridge Finl Solutions In |
3.34%
20,114
|
$3,962,399,000 | 0.46% |
| Meta Platforms Inc |
2.74%
7,674
|
$3,869,384,000 | 0.45% |
| RPM International, Inc. |
0.06%
34,783
|
$3,745,433,000 | 0.44% |
| Schlumberger Ltd. |
3.35%
73,930
|
$3,488,017,000 | 0.41% |
| Verisk Analytics Inc |
0.03%
12,930
|
$3,485,281,000 | 0.41% |
| Verizon Communications Inc |
0.16%
84,303
|
$3,476,673,000 | 0.41% |
| Bristol-Myers Squibb Co. |
6.27%
82,153
|
$3,411,794,000 | 0.40% |
| MercadoLibre Inc |
13.87%
2,053
|
$3,373,900,000 | 0.39% |
| GE Aerospace |
0.48%
20,472
|
$3,254,375,000 | 0.38% |
| Pepsico Inc |
1.10%
19,454
|
$3,208,576,000 | 0.38% |
| Fedex Corp |
0.83%
10,360
|
$3,106,342,000 | 0.36% |
| Snap-on, Inc. |
0.03%
11,712
|
$3,061,400,000 | 0.36% |
| Pulse Biosciences Inc |
14.20%
257,679
|
$2,883,428,000 | 0.34% |
| Berkley W R Corp |
No change
35,479
|
$2,787,940,000 | 0.33% |
| Sherwin-Williams Co. |
0.13%
9,270
|
$2,766,446,000 | 0.32% |
| Broadcom Inc |
4.35%
1,693
|
$2,718,162,000 | 0.32% |
| Graco Inc. |
No change
32,875
|
$2,606,330,000 | 0.30% |
| Hershey Company |
99.35%
14,078
|
$2,587,959,000 | 0.30% |
| Chubb Limited |
0.74%
10,062
|
$2,566,615,000 | 0.30% |
| Sysco Corp. |
0.57%
35,713
|
$2,549,551,000 | 0.30% |
| Union Pac Corp |
5.76%
11,232
|
$2,541,449,000 | 0.30% |
| Crowdstrike Holdings Inc |
16.76%
6,381
|
$2,445,135,000 | 0.29% |
| Philip Morris International Inc |
8.93%
23,993
|
$2,431,204,000 | 0.28% |
| Pfizer Inc. |
27.18%
86,469
|
$2,419,394,000 | 0.28% |
| Constellation Brands, Inc. |
No change
9,216
|
$2,371,092,000 | 0.28% |
| Tesla Inc |
25.58%
11,726
|
$2,320,341,000 | 0.27% |
| Alps Etf Tr |
83.08%
70,785
|
$3,065,629,000 | 0.36% |
| Morgan Stanley |
0.17%
23,555
|
$2,289,310,000 | 0.27% |
| Cigna Group (The) |
4.22%
6,760
|
$2,234,653,000 | 0.26% |
| AT&T Inc. |
1.64%
116,592
|
$2,228,079,000 | 0.26% |
| International Business Machs |
0.07%
12,878
|
$2,227,169,000 | 0.26% |
| Mcdonalds Corp |
1.90%
8,618
|
$2,196,254,000 | 0.26% |
| Paychex Inc. |
0.87%
18,448
|
$2,187,138,000 | 0.26% |
| Discover Finl Svcs |
1.46%
15,506
|
$2,028,340,000 | 0.24% |
| General Dynamics Corp. |
3.90%
6,634
|
$1,924,789,000 | 0.23% |
| Price T Rowe Group Inc |
0.50%
15,771
|
$1,818,554,000 | 0.21% |
| Edison Intl |
No change
24,620
|
$1,767,962,000 | 0.21% |
| Waste Mgmt Inc Del |
0.66%
8,067
|
$1,720,994,000 | 0.20% |
| Colgate-Palmolive Co. |
1.10%
16,962
|
$1,646,032,000 | 0.19% |
| Nike, Inc. |
3.07%
21,700
|
$1,635,529,000 | 0.19% |
| Citigroup Inc |
2.54%
25,499
|
$1,618,141,000 | 0.19% |
| Accelerate Diagnostics Inc |
1.95%
1,380,654
|
$1,615,365,000 | 0.19% |
| Wp Carey Inc |
12.81%
29,117
|
$1,602,914,000 | 0.19% |
| Medtronic Plc |
Closed
18,324
|
$1,596,933,000 | |
| Energy Transfer L P |
0.87%
98,213
|
$1,593,017,000 | 0.19% |
| Boeing Co. |
0.64%
8,391
|
$1,527,246,000 | 0.18% |
| Prologis Inc |
9.80%
13,400
|
$1,504,922,000 | 0.18% |
| Nano-X Imaging Ltd. |
0.74%
203,911
|
$1,496,707,000 | 0.17% |
| Super Micro Computer Inc |
174.70%
1,802
|
$1,476,469,000 | 0.17% |
| Albemarle Corp. |
No change
15,407
|
$1,471,677,000 | 0.17% |
| Equinix Inc |
0.10%
1,913
|
$1,447,129,000 | 0.17% |
| Ishares Tr |
6.25%
32,250
|
$4,246,677,000 | 0.50% |
| Emerson Elec Co |
0.38%
12,689
|
$1,397,820,000 | 0.16% |
| Ross Stores, Inc. |
3.00%
9,611
|
$1,396,671,000 | 0.16% |
| Linde Plc. |
1.87%
3,162
|
$1,387,517,000 | 0.16% |
| Biomarin Pharmaceutical Inc. |
4.36%
16,678
|
$1,373,100,000 | 0.16% |
| Roper Technologies Inc |
0.29%
2,421
|
$1,364,621,000 | 0.16% |
| Rollins, Inc. |
0.09%
27,735
|
$1,353,191,000 | 0.16% |
| Martin Marietta Matls Inc |
20.92%
2,472
|
$1,339,330,000 | 0.16% |
| Pioneer Nat Res Co |
Closed
5,068
|
$1,330,350,000 | |
| Yum Brands Inc. |
0.30%
9,888
|
$1,309,764,000 | 0.15% |
| Ares Capital Corp |
4.93%
62,842
|
$1,309,620,000 | 0.15% |
| Carrier Global Corporation |
Opened
20,547
|
$1,296,105,000 | 0.15% |
| L3Harris Technologies Inc |
5.89%
5,681
|
$1,275,863,000 | 0.15% |
| Block Inc |
276.30%
19,530
|
$1,259,490,000 | 0.15% |
| Realty Income Corp. |
3.42%
23,134
|
$1,221,950,000 | 0.14% |
| Gilead Sciences, Inc. |
Closed
16,550
|
$1,212,297,000 | |
| The Southern Co. |
0.57%
15,578
|
$1,208,382,000 | 0.14% |
| KLA Corp. |
No change
1,460
|
$1,203,785,000 | 0.14% |
| Unilever plc |
0.30%
21,865
|
$1,202,356,000 | 0.14% |
| Kinder Morgan Inc |
36.50%
60,501
|
$1,202,157,000 | 0.14% |
| Nxp Semiconductors N V |
1.27%
4,394
|
$1,182,463,000 | 0.14% |
| Novo-nordisk A S |
No change
8,260
|
$1,179,032,000 | 0.14% |
| Shopify Inc |
58.97%
17,670
|
$1,167,103,000 | 0.14% |
| Fastenal Co. |
2.64%
18,289
|
$1,149,281,000 | 0.13% |
| Us Bancorp Del |
2.85%
28,862
|
$1,145,830,000 | 0.13% |
| Enterprise Prods Partners L |
3.46%
37,805
|
$1,095,594,000 | 0.13% |
| Diageo plc |
0.12%
8,092
|
$1,020,239,000 | 0.12% |
| Thomson-Reuters Corp |
0.47%
5,930
|
$999,620,000 | 0.12% |
| Genuine Parts Co. |
0.14%
7,153
|
$989,403,000 | 0.12% |
| Altria Group Inc. |
7.27%
21,251
|
$967,996,000 | 0.11% |
| Ge Vernova Inc |
Opened
5,125
|
$878,989,000 | 0.10% |
| Eli Lilly & Co |
45.87%
954
|
$863,795,000 | 0.10% |
| Magnite Inc |
12.34%
64,615
|
$858,733,000 | 0.10% |
| 3M Co. |
Opened
8,365
|
$854,819,000 | 0.10% |
| Vici Pptys Inc |
9.62%
29,611
|
$848,048,000 | 0.10% |
| Tractor Supply Co. |
12.00%
3,127
|
$844,320,000 | 0.10% |
| Trane Technologies plc |
No change
2,550
|
$838,771,000 | 0.10% |
| Eaton Corp Plc |
No change
2,600
|
$815,230,000 | 0.10% |
| S&P Global Inc |
0.39%
1,776
|
$792,096,000 | 0.09% |
| Comcast Corp New |
Closed
18,120
|
$785,502,000 | |
| Franklin Resources, Inc. |
Closed
25,365
|
$713,010,000 | |
| Vanguard Index Fds |
17.33%
5,788
|
$1,306,180,000 | 0.15% |
| Clearway Energy Inc |
7.82%
27,728
|
$684,593,000 | 0.08% |
| British Amern Tob Plc |
104.83%
21,917
|
$677,883,000 | 0.08% |
| Hartford Finl Svcs Group Inc |
Opened
6,600
|
$663,564,000 | 0.08% |
| Pnc Finl Svcs Group Inc |
Closed
4,061
|
$656,258,000 | |
| Icahn Enterprises Lp |
10.33%
37,083
|
$611,126,000 | 0.07% |
| Ge Healthcare Technologies I |
No change
7,833
|
$610,355,000 | 0.07% |
| General Mls Inc |
0.75%
9,487
|
$600,140,000 | 0.07% |
| Blackstone Secd Lending Fd |
Opened
19,396
|
$593,906,000 | 0.07% |
| Uber Technologies Inc |
Opened
8,065
|
$586,164,000 | 0.07% |
| MPLX LP |
0.51%
12,926
|
$550,531,000 | 0.06% |
| Palantir Technologies Inc. |
0.04%
21,613
|
$547,457,000 | 0.06% |
| Kimberly-Clark Corp. |
No change
3,700
|
$511,340,000 | 0.06% |
| Cleveland-Cliffs Inc |
No change
32,485
|
$499,944,000 | 0.06% |
| Simon Ppty Group Inc New |
Closed
3,032
|
$474,525,000 | |
| Celsius Holdings Inc |
74.46%
8,144
|
$464,941,000 | 0.05% |
| CRISPR Therapeutics AG |
21.47%
8,228
|
$444,394,000 | 0.05% |
| Interactive Brokers Group In |
Opened
3,560
|
$436,456,000 | 0.05% |
| Kenvue Inc |
67.23%
23,724
|
$431,298,000 | 0.05% |
| American Tower Corp. |
38.36%
2,129
|
$413,869,000 | 0.05% |
| Outset Med Inc |
7.76%
105,514
|
$406,229,000 | 0.05% |
| Brookfield Renewable Corporation |
13.05%
14,127
|
$400,932,000 | 0.05% |
| Spdr Index Shs Fds |
1.64%
7,962
|
$398,339,000 | 0.05% |
| Iron Mtn Inc Del |
0.84%
4,441
|
$397,959,000 | 0.05% |
| Amplify Etf Tr |
1.40%
6,059
|
$392,181,000 | 0.05% |
| Impinj Inc |
13.79%
2,500
|
$391,925,000 | 0.05% |
| Crane Nxt Co |
9.38%
6,375
|
$391,552,000 | 0.05% |
| Cisco Sys Inc |
6.60%
7,797
|
$370,430,000 | 0.04% |
| Lincoln Elec Hldgs Inc |
10.00%
1,800
|
$339,552,000 | 0.04% |
| NextEra Energy Inc |
3.60%
4,662
|
$330,116,000 | 0.04% |
| Arm Holdings Plc |
No change
1,970
|
$322,331,000 | 0.04% |
| Tenable Holdings Inc |
Closed
6,510
|
$321,789,000 | |
| Mid-amer Apt Cmntys Inc |
0.45%
2,238
|
$319,203,000 | 0.04% |
| ServiceNow Inc |
No change
402
|
$316,241,000 | 0.04% |
| Veeva Sys Inc |
No change
1,670
|
$305,627,000 | 0.04% |
| Intel Corp. |
18.81%
9,763
|
$302,357,000 | 0.04% |
| AMGEN Inc. |
5.05%
957
|
$299,118,000 | 0.03% |
| Stellantis N.V |
1.33%
14,693
|
$291,650,000 | 0.03% |
| MP Materials Corp. |
44.07%
22,800
|
$290,244,000 | 0.03% |
| DuPont de Nemours Inc |
No change
3,591
|
$289,040,000 | 0.03% |
| PayPal Holdings Inc |
4.23%
4,931
|
$286,146,000 | 0.03% |
| TotalEnergies SE |
No change
4,105
|
$273,721,000 | 0.03% |
| Ingersoll-Rand Inc |
No change
2,970
|
$269,795,000 | 0.03% |
| Global E Online Ltd |
Closed
7,302
|
$265,428,000 | |
| Brookfield Real Assets Incom |
12.36%
20,740
|
$264,636,000 | 0.03% |
| Brookfield Corp |
0.11%
6,360
|
$264,194,000 | 0.03% |
| Duke Energy Corp. |
0.50%
2,612
|
$261,821,000 | 0.03% |
| e.l.f. Beauty Inc |
30.15%
1,228
|
$258,764,000 | 0.03% |
| Kinsale Cap Group Inc |
Closed
489
|
$256,729,000 | |
| Nucor Corp. |
No change
1,604
|
$253,560,000 | 0.03% |
| Blue Owl Capital Corporation |
0.34%
16,314
|
$250,578,000 | 0.03% |
| Xylem Inc |
No change
1,800
|
$244,134,000 | 0.03% |
| SMART Global Holdings Inc |
No change
10,618
|
$242,834,000 | 0.03% |
| Las Vegas Sands Corp |
Closed
4,617
|
$238,699,000 | |
| DocuSign Inc |
No change
4,450
|
$238,075,000 | 0.03% |
| Academy Sports & Outdoors In |
No change
4,440
|
$236,430,000 | 0.03% |
| Ishares Tr |
Opened
5,425
|
$231,051,000 | 0.03% |
| Brookfield Infrastructure Corporation |
0.26%
6,653
|
$223,926,000 | 0.03% |
| Autoliv Inc. |
Closed
1,841
|
$221,712,000 | |
| Crown Castle Inc |
11.66%
2,190
|
$213,946,000 | 0.03% |
| Axon Enterprise Inc |
No change
700
|
$205,968,000 | 0.02% |
| Netflix Inc. |
Opened
300
|
$202,464,000 | 0.02% |
| Biomea Fusion Inc |
2.64%
38,890
|
$175,005,000 | 0.02% |
| Vodafone Group plc |
Opened
12,072
|
$107,081,000 | 0.01% |
| Plug Power Inc |
No change
12,000
|
$27,960,000 | 0.00% |
| Wrap Technologies, Inc. |
No change
13,000
|
$26,000,000 | 0.00% |
| Akoustis Technologies Inc |
Closed
40,000
|
$23,644,000 | |
| Matterport Inc |
Closed
10,000
|
$22,600,000 | |
| No transactions found | |||
| Showing first 500 out of 215 holdings | |||
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