Avenir Corp 13F annual report
Avenir Corp is an investment fund managing more than $1.03 trillion ran by Kenneth Ii. There are currently 65 companies in Mr. Ii’s portfolio. The largest investments include Microsoft and Markel Inc, together worth $254 billion.
$1.03 trillion Assets Under Management (AUM)
As of 7th August 2024, Avenir Corp’s top holding is 324,380 shares of Microsoft currently worth over $145 billion and making up 14.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Avenir Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 69,263 shares of Markel Inc worth $109 billion, whose value grew 3.5% in the past six months.
The third-largest holding is American Tower worth $97.6 billion and the next is Amazon.com worth $88.5 billion, with 457,809 shares owned.
Currently, Avenir Corp's portfolio is worth at least $1.03 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 Avenir Corp
The Avenir Corp office and employees reside in Alexandria, Virginia. According to the last 13-F report filed with the SEC, Kenneth Ii serves as the CCO at Avenir Corp.
Recent trades
In the most recent 13F filing, Avenir Corp revealed that it had opened a new position in
Ccc Intelligent Solutions Hl and bought 2,050,801 shares worth $22.8 billion.
The investment fund also strengthened its position in SBA Communications Corp by buying
3,621 additional shares.
This makes their stake in SBA Communications Corp total 59,648 shares worth $11.7 billion.
SBA Communications Corp dropped 5.4% in the past year.
On the other hand, there are companies that Avenir Corp is getting rid of from its portfolio.
Avenir Corp closed its position in Triplepoint Venture Growth B on 14th August 2024.
It sold the previously owned 33,000 shares for $345 million.
Kenneth Ii also disclosed a decreased stake in Microsoft by 0.3%.
This leaves the value of the investment at $145 billion and 324,380 shares.
One of the average hedge funds
The two most similar investment funds to Avenir Corp are Leith Wheeler Investment Counsel and Point72 Europe (london) LL.P.. They manage $1.03 trillion and $1.03 trillion respectively.
Kenneth Ii investment strategy
Avenir Corp’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 25.4% of
the total portfolio value.
The fund focuses on investments in the United States as
58.5% 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
46% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $229 billion.
The complete list of Avenir Corp trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Microsoft Corporation |
29.82%
324,380
|
$144,981,451,000 | 14.09% |
| Markel Group Inc |
20.74%
69,263
|
$109,134,297,000 | 10.61% |
| American Tower Corp. |
13.62%
502,113
|
$97,600,708,000 | 9.49% |
| Amazon.com Inc. |
14.95%
457,809
|
$88,471,686,000 | 8.60% |
| Oreilly Automotive Inc |
15.54%
70,701
|
$74,665,026,000 | 7.26% |
| Copart, Inc. |
15.52%
1,358,102
|
$73,554,804,000 | 7.15% |
| Apple Inc |
12.27%
284,538
|
$59,929,354,000 | 5.83% |
| Berkshire Hathaway Inc. |
14.21%
133,328
|
$57,908,876,000 | 5.63% |
| Universal Display Corp. |
8.34%
207,672
|
$43,663,039,000 | 4.24% |
| Lockheed Martin Corp. |
20.27%
83,370
|
$38,942,127,000 | 3.79% |
| Mastercard Incorporated |
16.25%
76,107
|
$33,575,385,000 | 3.26% |
| Ccc Intelligent Solutions Hl |
Opened
2,050,801
|
$22,784,399,000 | 2.21% |
| Lululemon Athletica inc. |
Opened
74,756
|
$22,329,617,000 | 2.17% |
| Digitalbridge Group Inc |
60.49%
1,327,291
|
$18,183,887,000 | 1.77% |
| Energy Recovery Inc |
25.49%
1,326,609
|
$17,630,629,000 | 1.71% |
| Carmax Inc |
7.34%
236,405
|
$17,337,944,000 | 1.69% |
| AES Corp. |
46.43%
863,824
|
$15,177,383,000 | 1.48% |
| Visa Inc |
25.90%
56,717
|
$14,886,503,000 | 1.45% |
| SBA Communications Corp |
6.46%
59,648
|
$11,708,902,000 | 1.14% |
| Bok Finl Corp |
1.25%
126,850
|
$11,624,534,000 | 1.13% |
| MPLX LP |
5.54%
189,547
|
$8,072,807,000 | 0.78% |
| Energy Transfer LP |
0.48%
445,947
|
$7,233,260,000 | 0.70% |
| Enterprise Prods Partners Lp |
0.80%
127,618
|
$3,698,370,000 | 0.36% |
| Kinder Morgan Inc |
0.79%
148,820
|
$2,957,053,000 | 0.29% |
| Cytosorbents Corp |
9.31%
2,970,262
|
$2,088,094,000 | 0.20% |
| Equinix Inc |
7.27%
2,741
|
$2,073,841,000 | 0.20% |
| Alphabet Inc |
4.56%
10,770
|
$1,975,510,000 | 0.19% |
| Walgreens Boots Alliance Inc |
65.03%
145,371
|
$1,758,262,000 | 0.17% |
| Brightspire Capital Inc |
0.74%
292,375
|
$1,666,538,000 | 0.16% |
| Atomera Inc |
35.14%
426,651
|
$1,625,540,000 | 0.16% |
| American Intl Group Inc |
No change
21,280
|
$1,579,827,000 | 0.15% |
| Starwood Ppty Tr Inc |
1.66%
70,528
|
$1,335,800,000 | 0.13% |
| Bank America Corp |
94.02%
33,465
|
$1,330,903,000 | 0.13% |
| Axos Financial Inc. |
Opened
20,790
|
$1,188,149,000 | 0.12% |
| Black Stone Minerals Lp |
Opened
73,900
|
$1,158,013,000 | 0.11% |
| Exxon Mobil Corp. |
3.39%
8,784
|
$1,011,209,000 | 0.10% |
| Vanguard Index Fds |
No change
1,930
|
$965,251,000 | 0.09% |
| Luna Innovations Inc |
82.95%
299,080
|
$957,056,000 | 0.09% |
| Gladstone Commercial Corp |
21.37%
66,988
|
$955,919,000 | 0.09% |
| OptimizeRx Corp |
71.30%
88,260
|
$882,600,000 | 0.09% |
| Dollar Tree Inc |
No change
7,941
|
$847,861,000 | 0.08% |
| Newtek Business Svcs Corp |
6.17%
60,800
|
$764,256,000 | 0.07% |
| Privia Health Group Inc |
23.95%
36,745
|
$638,628,000 | 0.06% |
| Brookfield Corp |
No change
15,000
|
$623,100,000 | 0.06% |
| Jpmorgan Chase Co |
No change
2,924
|
$591,408,000 | 0.06% |
| Brookfield Infrast Partners |
88.54%
18,796
|
$515,760,000 | 0.05% |
| Magnite Inc |
No change
35,000
|
$465,150,000 | 0.05% |
| Spdr Gold Trust |
No change
2,114
|
$454,531,000 | 0.04% |
| Enovix Corporation |
12.25%
28,730
|
$444,166,000 | 0.04% |
| Costco Whsl Corp New |
No change
500
|
$424,995,000 | 0.04% |
| Chevron Corp. |
Opened
2,695
|
$421,552,000 | 0.04% |
| Procter And Gamble Co |
13.01%
2,510
|
$413,980,000 | 0.04% |
| Crown Castle Inc |
Opened
4,010
|
$391,777,000 | 0.04% |
| General Electric Co |
Opened
2,425
|
$385,502,000 | 0.04% |
| Virginia Natl Bankshares Corp |
No change
10,800
|
$354,240,000 | 0.03% |
| Intel Corp. |
No change
11,393
|
$352,841,000 | 0.03% |
| Triplepoint Venture Growth B |
Closed
33,000
|
$345,180,000 | |
| L3Harris Technologies Inc |
0.52%
1,364
|
$306,302,000 | 0.03% |
| Adaptive Biotechnologies Cor |
149.84%
76,365
|
$276,441,000 | 0.03% |
| Disney Walt Co |
46.44%
2,646
|
$262,721,000 | 0.03% |
| Abbvie Inc |
No change
1,462
|
$250,762,000 | 0.02% |
| Walmart Inc |
119.32%
3,588
|
$242,943,000 | 0.02% |
| Paccar Inc. |
Opened
2,250
|
$231,615,000 | 0.02% |
| Dennys Corp |
No change
30,690
|
$217,899,000 | 0.02% |
| Targa Res Corp |
Opened
1,602
|
$206,306,000 | 0.02% |
| Novavax, Inc. |
Closed
28,460
|
$206,050,000 | |
| City Office REIT Inc |
Closed
26,030
|
$110,628,000 | |
| Sirius XM Holdings Inc |
Opened
10,000
|
$28,300,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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