Morris Capital Advisors 13F annual report
Morris Capital Advisors is an investment fund managing more than $106 million ran by Daniel Morris. There are currently 52 companies in Mr. Morris’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $16.5 million.
$106 million Assets Under Management (AUM)
As of 19th October 2022, Morris Capital Advisors’s top holding is 78,861 shares of Apple Inc currently worth over $10.9 million and making up 10.3% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Morris Capital Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 24,194 shares of Microsoft worth $5.64 million, whose value fell 7.2% in the past six months.
The third-largest holding is Unitedhealth Inc worth $4.88 million and the next is Amazon.com worth $4.74 million, with 41,966 shares owned.
Currently, Morris Capital Advisors's portfolio is worth at least $106 million. 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 Morris Capital Advisors
The Morris Capital Advisors office and employees reside in Malvern, Pennsylvania. According to the last 13-F report filed with the SEC, Daniel Morris serves as the President at Morris Capital Advisors.
Recent trades
In the most recent 13F filing, Morris Capital Advisors revealed that it had increased its stake in
Alphabet Inc and bought 26,439 additional shares worth around $3 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
11.3%
of the fund's Technology sector allocation and has decreased its share price by 25.0% in the past year.
On the other hand, there are companies that Morris Capital Advisors is getting rid of from its portfolio.
Morris Capital Advisors closed its position in Meta Platforms Inc on 26th October 2022.
It sold the previously owned 2,284 shares for $368 thousand.
Daniel Morris also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $10.9 million and 78,861 shares.
One of the smallest hedge funds
The two most similar investment funds to Morris Capital Advisors are Jne Partners LL.P. and Holistic Partners. They manage $106 million and $106 million respectively.
Daniel Morris investment strategy
Morris Capital Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 22.2% of
the total portfolio value.
The fund focuses on investments in the United States as
71.2% 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
67% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
The complete list of Morris Capital Advisors trades based on 13F SEC filings
These positions were updated on October 26th 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 |
1.23%
78,861
|
$10,899,000 | 10.28% |
| Microsoft Corporation |
0.98%
24,194
|
$5,635,000 | 5.31% |
| Unitedhealth Group Inc |
1.22%
9,656
|
$4,877,000 | 4.60% |
| Amazon.com Inc. |
1.26%
41,966
|
$4,742,000 | 4.47% |
| CVS Health Corp |
1.15%
43,577
|
$4,156,000 | 3.92% |
| Thermo Fisher Scientific Inc. |
1.23%
7,607
|
$3,858,000 | 3.64% |
| Eli Lilly & Co. |
1.11%
11,086
|
$3,585,000 | 3.38% |
| United Rentals, Inc. |
1.05%
12,486
|
$3,373,000 | 3.18% |
| Occidental Petroleum Corp. |
0.96%
54,883
|
$3,373,000 | 3.18% |
| ON Semiconductor Corp. |
1.04%
52,710
|
$3,285,000 | 3.10% |
| Sherwin-Williams Co. |
1.24%
15,742
|
$3,223,000 | 3.04% |
| Abbvie Inc |
1.05%
23,565
|
$3,163,000 | 2.98% |
| Regeneron Pharmaceutical |
1.27%
4,347
|
$2,995,000 | 2.82% |
| Qualcomm, Inc. |
1.23%
26,134
|
$2,953,000 | 2.79% |
| EOG Resources, Inc. |
1.17%
26,122
|
$2,919,000 | 2.75% |
| Chubb Limited |
1.12%
14,930
|
$2,715,000 | 2.56% |
| Alphabet Inc |
1,876.44%
27,848
|
$2,664,000 | 2.51% |
| Alphabet Inc |
1,875.55%
26,828
|
$2,580,000 | 2.43% |
| Landstar System, Inc. |
1.23%
17,736
|
$2,561,000 | 2.42% |
| Dollar Tree Inc |
1.26%
18,783
|
$2,556,000 | 2.41% |
| Bristol-Myers Squibb Co. |
1.27%
35,648
|
$2,534,000 | 2.39% |
| LKQ Corp |
1.22%
48,266
|
$2,276,000 | 2.15% |
| PTC Inc |
1.38%
21,557
|
$2,255,000 | 2.13% |
| Akamai Technologies Inc |
1.24%
27,662
|
$2,222,000 | 2.10% |
| Mastercard, Inc. Class A |
1.28%
7,476
|
$2,126,000 | 2.01% |
| Charter Communications Inc. |
1.04%
6,964
|
$2,113,000 | 1.99% |
| Fidelity National Info Srv |
1.10%
25,844
|
$1,953,000 | 1.84% |
| MKS Instruments, Inc. |
1.39%
16,848
|
$1,392,000 | 1.31% |
| S E I Investments Co. |
No change
25,801
|
$1,266,000 | 1.19% |
| Devon Energy Corp. |
No change
15,290
|
$919,000 | 0.87% |
| Avery Dennison Corp. |
No change
4,982
|
$811,000 | 0.76% |
| Elevance Health, Inc. |
No change
1,747
|
$794,000 | 0.75% |
| Public Storage |
0.81%
2,582
|
$756,000 | 0.71% |
| D.r. Horton, Inc. |
No change
9,787
|
$659,000 | 0.62% |
| Applied Materials Inc. |
No change
8,030
|
$658,000 | 0.62% |
| Valero Energy Corp. |
No change
5,606
|
$599,000 | 0.56% |
| Microchip Technology, Inc. |
No change
9,493
|
$579,000 | 0.55% |
| Northrop Grumman Corp. |
No change
1,192
|
$561,000 | 0.53% |
| Cummins Inc. |
No change
2,528
|
$514,000 | 0.48% |
| Pepsico, Inc. |
No change
2,961
|
$483,000 | 0.46% |
| Lowes Companies Inc. |
No change
2,570
|
$483,000 | 0.46% |
| Pnc Financial Services |
No change
3,168
|
$473,000 | 0.45% |
| Equinix Inc |
No change
832
|
$473,000 | 0.45% |
| Ishares Russell 2000 Value Etf |
No change
3,153
|
$407,000 | 0.38% |
| Skyworks Solutions, Inc. |
No change
4,648
|
$396,000 | 0.37% |
| J P Morgan Chase & Co. |
No change
3,749
|
$392,000 | 0.37% |
| Amerisourcebergen Corp. |
No change
2,883
|
$390,000 | 0.37% |
| Meta Platforms Inc |
Closed
2,284
|
$368,000 | |
| MetLife, Inc. |
No change
5,349
|
$325,000 | 0.31% |
| Booking Holdings Inc |
No change
188
|
$309,000 | 0.29% |
| Kroger Co. |
No change
6,908
|
$302,000 | 0.28% |
| Netapp Inc |
No change
4,286
|
$265,000 | 0.25% |
| Ishares Russell 2000 Growth Et |
No change
1,131
|
$234,000 | 0.22% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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