Taylor Hoffman Wealth Management 13F annual report
Taylor Hoffman Wealth Management is an investment fund managing more than $245 billion ran by Gabe Hoffman. There are currently 106 companies in Mr. Hoffman’s portfolio. The largest investments include Apple Inc and Arista Networks Inc, together worth $33.7 billion.
$245 billion Assets Under Management (AUM)
As of 2nd August 2024, Taylor Hoffman Wealth Management’s top holding is 96,701 shares of Apple Inc currently worth over $21 billion and making up 8.5% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Taylor Hoffman Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 35,778 shares of Arista Networks Inc worth $12.8 billion, whose value grew 18.4% in the past six months.
The third-largest holding is Applied Matls Inc worth $10.6 billion and the next is Meta Platforms Inc worth $10.5 billion, with 20,723 shares owned.
Currently, Taylor Hoffman Wealth Management's portfolio is worth at least $245 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 Taylor Hoffman Wealth Management
The Taylor Hoffman Wealth Management office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Gabe Hoffman serves as the CCO at Taylor Hoffman Wealth Management.
Recent trades
In the most recent 13F filing, Taylor Hoffman Wealth Management revealed that it had opened a new position in
Verisign and bought 16,225 shares worth $2.85 billion.
This means they effectively own approximately 0.1% of the company.
Verisign makes up
3.9%
of the fund's Technology sector allocation and has decreased its share price by 13.4% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
287 additional shares.
This makes their stake in Apple Inc total 96,701 shares worth $21 billion.
Apple Inc soared 19.7% in the past year.
On the other hand, there are companies that Taylor Hoffman Wealth Management is getting rid of from its portfolio.
Taylor Hoffman Wealth Management closed its position in Intel on 9th August 2024.
It sold the previously owned 89,551 shares for $3.96 billion.
Gabe Hoffman also disclosed a decreased stake in Arista Networks Inc by approximately 0.1%.
This leaves the value of the investment at $12.8 billion and 35,778 shares.
One of the smallest hedge funds
The two most similar investment funds to Taylor Hoffman Wealth Management are Veery Capital and Vista Investment Management. They manage $245 billion and $246 billion respectively.
Gabe Hoffman investment strategy
Taylor Hoffman Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 30.1% of
the total portfolio value.
The fund focuses on investments in the United States as
55.7% 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
54% 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 $206 billion.
The complete list of Taylor Hoffman Wealth Management trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| Apple Inc |
0.30%
96,701
|
$20,959,873,000 | 8.54% |
| Arista Networks Inc |
1.27%
35,778
|
$12,762,013,000 | 5.20% |
| Applied Matls Inc |
0.01%
44,670
|
$10,605,105,000 | 4.32% |
| Meta Platforms Inc |
0.64%
20,723
|
$10,458,542,000 | 4.26% |
| Lam Research Corp. |
0.08%
8,769
|
$9,300,664,000 | 3.79% |
| Fair Isaac Corp. |
0.20%
5,586
|
$8,359,505,000 | 3.41% |
| Alphabet Inc |
2.11%
45,485
|
$8,333,712,000 | 3.39% |
| Adobe Inc |
1.82%
11,474
|
$6,425,555,000 | 2.62% |
| Deere Co |
1.91%
16,357
|
$5,904,713,000 | 2.41% |
| Vanguard Tax-managed Fds |
0.85%
108,219
|
$5,352,504,000 | 2.18% |
| Snap-on, Inc. |
4.36%
19,836
|
$5,095,868,000 | 2.08% |
| Procter And Gamble Co |
1.47%
30,994
|
$5,043,270,000 | 2.05% |
| EBay Inc. |
2.39%
95,416
|
$5,026,515,000 | 2.05% |
| Microsoft Corporation |
2.00%
10,984
|
$5,016,722,000 | 2.04% |
| Cisco Sys Inc |
4.33%
100,963
|
$4,797,762,000 | 1.95% |
| Armstrong World Inds Inc New |
6.67%
42,737
|
$4,762,184,000 | 1.94% |
| Gentex Corp. |
5.60%
134,133
|
$4,508,210,000 | 1.84% |
| Paychex Inc. |
2.28%
38,327
|
$4,484,259,000 | 1.83% |
| Vanguard Bd Index Fds |
6.09%
60,945
|
$4,354,532,000 | 1.77% |
| Cohen Steers Inc |
1.84%
59,659
|
$4,228,630,000 | 1.72% |
| Price T Rowe Group Inc |
2.50%
36,675
|
$4,175,449,000 | 1.70% |
| Sp Global Inc |
1.78%
9,352
|
$4,173,985,000 | 1.70% |
| Moodys Corp |
1.70%
9,761
|
$4,114,164,000 | 1.68% |
| Sei Invts Co |
2.43%
62,760
|
$4,051,786,000 | 1.65% |
| Union Pac Corp |
1.62%
17,854
|
$4,014,650,000 | 1.64% |
| Intel Corp. |
Closed
89,551
|
$3,955,468,000 | |
| Church Dwight Co Inc |
1.01%
36,300
|
$3,806,781,000 | 1.55% |
| Johnson Johnson |
3.65%
24,850
|
$3,639,034,000 | 1.48% |
| Qualys Inc |
4.80%
24,964
|
$3,551,878,000 | 1.45% |
| Allison Transmission Hldgs I |
4.28%
46,505
|
$3,486,015,000 | 1.42% |
| Electronic Arts, Inc. |
2.89%
24,713
|
$3,393,589,000 | 1.38% |
| Graco Inc. |
1.95%
42,425
|
$3,301,514,000 | 1.34% |
| Verisign Inc. |
Opened
16,225
|
$2,850,895,000 | 1.16% |
| KLA Corp. |
No change
3,420
|
$2,831,042,000 | 1.15% |
| Monster Beverage Corp. |
3.30%
49,909
|
$2,490,459,000 | 1.01% |
| Vanguard Index Fds |
0.97%
19,981
|
$6,134,893,000 | 2.50% |
| Brookfield Corp |
0.65%
47,052
|
$1,925,838,000 | 0.78% |
| Cboe Global Mkts Inc |
No change
8,530
|
$1,466,478,000 | 0.60% |
| NVIDIA Corp |
846.37%
11,470
|
$1,425,721,000 | 0.58% |
| Pepsico Inc |
0.54%
8,455
|
$1,377,235,000 | 0.56% |
| ServiceNow Inc |
0.77%
1,667
|
$1,315,196,000 | 0.54% |
| Philip Morris International Inc |
No change
11,806
|
$1,195,358,000 | 0.49% |
| Duke Energy Corp. |
No change
11,949
|
$1,187,133,000 | 0.48% |
| Vanguard Mun Bd Fds |
No change
23,356
|
$1,166,165,000 | 0.48% |
| Zoetis Inc |
No change
6,417
|
$1,107,446,000 | 0.45% |
| Unitedhealth Group Inc |
4.76%
2,200
|
$1,088,230,000 | 0.44% |
| Mcdonalds Corp |
No change
4,294
|
$1,073,457,000 | 0.44% |
| CSX Corp. |
0.18%
31,632
|
$1,062,519,000 | 0.43% |
| Exxon Mobil Corp. |
3.37%
9,215
|
$1,059,356,000 | 0.43% |
| Norfolk Southn Corp |
2.80%
4,926
|
$1,054,460,000 | 0.43% |
| Jpmorgan Chase Co. |
5.78%
4,903
|
$1,007,321,000 | 0.41% |
| United Parcel Service, Inc. |
No change
7,403
|
$1,006,438,000 | 0.41% |
| Mondelez International Inc. |
1.03%
14,739
|
$961,572,000 | 0.39% |
| Berkshire Hathaway Inc. |
18.11%
2,198
|
$890,608,000 | 0.36% |
| Altria Group Inc. |
No change
19,278
|
$887,366,000 | 0.36% |
| Dominion Energy Inc |
No change
16,836
|
$808,296,000 | 0.33% |
| Elevance Health Inc |
No change
1,457
|
$778,839,000 | 0.32% |
| Keysight Technologies Inc |
0.12%
5,742
|
$774,768,000 | 0.32% |
| Merck Co Inc |
2.23%
5,777
|
$738,878,000 | 0.30% |
| Illinois Tool Wks Inc |
2.17%
3,027
|
$706,532,000 | 0.29% |
| Eli Lilly Co |
15.90%
729
|
$666,576,000 | 0.27% |
| Coca-Cola Co |
No change
9,950
|
$629,636,000 | 0.26% |
| Vanguard Admiral Fds Inc |
0.13%
9,518
|
$931,097,000 | 0.38% |
| General Mls Inc |
No change
9,299
|
$588,627,000 | 0.24% |
| Caterpillar Inc. |
0.35%
1,711
|
$563,056,000 | 0.23% |
| Micron Technology Inc. |
10.51%
4,207
|
$553,305,000 | 0.23% |
| National Bankshares Inc Va |
No change
18,150
|
$529,073,000 | 0.22% |
| Markel Group Inc |
No change
320
|
$504,109,000 | 0.21% |
| Sysco Corp. |
No change
7,094
|
$495,729,000 | 0.20% |
| Choice Hotels International, Inc. |
No change
3,963
|
$471,161,000 | 0.19% |
| Fastenal Co. |
No change
7,462
|
$463,316,000 | 0.19% |
| Ishares Tr |
No change
5,877
|
$461,168,000 | 0.19% |
| Brookfield Asset Managmt Ltd |
0.03%
11,972
|
$448,950,000 | 0.18% |
| Emerson Elec Co |
No change
4,070
|
$439,764,000 | 0.18% |
| AMGEN Inc. |
No change
1,372
|
$426,706,000 | 0.17% |
| Chevron Corp. |
11.24%
2,642
|
$413,526,000 | 0.17% |
| Booking Holdings Inc |
10.64%
104
|
$404,028,000 | 0.16% |
| Truist Finl Corp |
No change
10,188
|
$399,879,000 | 0.16% |
| Linde Plc. |
No change
929
|
$398,485,000 | 0.16% |
| Dover Corp. |
No change
2,232
|
$395,042,000 | 0.16% |
| Universal Corp Va |
No change
8,201
|
$390,696,000 | 0.16% |
| NextEra Energy Inc |
1.54%
5,571
|
$389,413,000 | 0.16% |
| GE Aerospace |
No change
2,143
|
$340,673,000 | 0.14% |
| Analog Devices Inc. |
No change
1,512
|
$340,472,000 | 0.14% |
| Novo-nordisk A S |
4.27%
2,320
|
$337,374,000 | 0.14% |
| Carmax Inc |
2.97%
4,703
|
$334,901,000 | 0.14% |
| Watsco, Inc. |
No change
724
|
$334,452,000 | 0.14% |
| NVR Inc. |
Opened
44
|
$329,215,000 | 0.13% |
| Amazon.com Inc. |
37.49%
1,665
|
$328,338,000 | 0.13% |
| American Elec Pwr Co Inc |
No change
3,746
|
$326,951,000 | 0.13% |
| Oreilly Automotive Inc |
No change
304
|
$308,961,000 | 0.13% |
| Oracle Corp. |
No change
2,132
|
$305,068,000 | 0.12% |
| Sherwin-Williams Co. |
22.31%
943
|
$278,930,000 | 0.11% |
| Check Point Software Tech Lt |
5.91%
1,594
|
$263,010,000 | 0.11% |
| Texas Instrs Inc |
Opened
1,293
|
$251,618,000 | 0.10% |
| Walmart Inc |
5.75%
3,699
|
$249,609,000 | 0.10% |
| Skyworks Solutions, Inc. |
Closed
2,280
|
$246,970,000 | |
| Becton Dickinson Co |
7.04%
1,019
|
$233,626,000 | 0.10% |
| Kimberly-Clark Corp. |
No change
1,682
|
$231,813,000 | 0.09% |
| Verizon Communications Inc |
No change
5,353
|
$223,434,000 | 0.09% |
| Visa Inc |
10.74%
825
|
$217,173,000 | 0.09% |
| Spdr Ser Tr |
No change
4,656
|
$212,314,000 | 0.09% |
| Starbucks Corp. |
No change
2,728
|
$210,439,000 | 0.09% |
| The Southern Co. |
Opened
2,693
|
$207,361,000 | 0.08% |
| Veeva Sys Inc |
No change
1,141
|
$207,285,000 | 0.08% |
| Block H R Inc |
Opened
3,772
|
$206,442,000 | 0.08% |
| Hershey Company |
No change
1,111
|
$202,702,000 | 0.08% |
| Nuveen Taxable Municpal Inm |
No change
11,284
|
$173,717,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 108 holdings | |||
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