Blue Chip Partners 13F annual report
Blue Chip Partners is an investment fund managing more than $1.08 trillion ran by Elizabeth Smart. There are currently 151 companies in Mrs. Smart’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Apple Inc, together worth $152 billion.
$1.08 trillion Assets Under Management (AUM)
As of 22nd July 2024, Blue Chip Partners’s top holding is 2,362,836 shares of Fidelity Merrimack Str Tr currently worth over $106 billion and making up 9.8% of the portfolio value.
In addition, the fund holds 218,822 shares of Apple Inc worth $46.1 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Microsoft worth $43.5 billion and the next is Alphabet Inc worth $44.3 billion, with 241,461 shares owned.
Currently, Blue Chip Partners's portfolio is worth at least $1.08 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 Blue Chip Partners
The Blue Chip Partners office and employees reside in Farmington Hills, Michigan. According to the last 13-F report filed with the SEC, Elizabeth Smart serves as the Chief Compliance Officer at Blue Chip Partners.
Recent trades
In the most recent 13F filing, Blue Chip Partners revealed that it had opened a new position in
Zoetis Inc and bought 112,597 shares worth $19.5 billion.
This means they effectively own approximately 0.1% of the company.
Zoetis Inc makes up
23.7%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying
133,835 additional shares.
This makes their stake in Fidelity Merrimack Str Tr total 2,362,836 shares worth $106 billion.
On the other hand, there are companies that Blue Chip Partners is getting rid of from its portfolio.
Blue Chip Partners closed its position in Spdr Ser Tr on 29th July 2024.
It sold the previously owned 9,304 shares for $410 million.
Elizabeth Smart also disclosed a decreased stake in Select Sector Spdr Tr by approximately 0.1%.
This leaves the value of the investment at $39.2 billion and 439,657 shares.
One of the average hedge funds
The two most similar investment funds to Blue Chip Partners are Kiltearn Partners LL.P. and Fifth Third Securities. They manage $1.08 trillion and $1.08 trillion respectively.
Elizabeth Smart investment strategy
Blue Chip Partners’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 13.7% of
the total portfolio value.
The fund focuses on investments in the United States as
49.0% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $196 billion.
The complete list of Blue Chip Partners trades based on 13F SEC filings
These positions were updated on July 29th 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
6.00%
2,362,836
|
$106,162,214,000 | 9.81% |
| Apple Inc |
2.17%
218,822
|
$46,088,283,000 | 4.26% |
| Microsoft Corporation |
3.43%
97,353
|
$43,511,856,000 | 4.02% |
| Alphabet Inc |
0.45%
241,461
|
$44,272,798,000 | 4.09% |
| Broadcom Inc |
1.01%
23,611
|
$37,907,629,000 | 3.50% |
| Jpmorgan Chase Co. |
0.82%
178,894
|
$36,183,139,000 | 3.34% |
| Select Sector Spdr Tr |
1.07%
439,657
|
$39,185,900,000 | 3.62% |
| Abbvie Inc |
3.00%
182,528
|
$31,307,196,000 | 2.89% |
| Costco Whsl Corp New |
1.94%
32,740
|
$27,828,437,000 | 2.57% |
| Morgan Stanley |
3.00%
285,276
|
$27,725,939,000 | 2.56% |
| Bank America Corp |
3.02%
683,033
|
$27,164,239,000 | 2.51% |
| Unitedhealth Group Inc |
3.11%
52,801
|
$26,889,561,000 | 2.49% |
| Home Depot, Inc. |
3.73%
75,203
|
$25,887,840,000 | 2.39% |
| Waste Mgmt Inc Del |
3.65%
120,427
|
$25,691,891,000 | 2.37% |
| Ishares Tr |
4.51%
868,398
|
$56,736,043,000 | 5.24% |
| Visa Inc |
2.54%
90,223
|
$23,680,944,000 | 2.19% |
| Amazon.com Inc. |
7.20%
116,953
|
$22,601,114,000 | 2.09% |
| Mcdonalds Corp |
3.99%
87,310
|
$22,249,980,000 | 2.06% |
| Target Corp |
4.93%
145,972
|
$21,609,732,000 | 2.00% |
| Pepsico Inc |
5.74%
127,361
|
$21,005,581,000 | 1.94% |
| Blackrock Inc. |
4.06%
25,648
|
$20,193,237,000 | 1.87% |
| Merck Co Inc |
4.47%
162,639
|
$20,134,718,000 | 1.86% |
| Zoetis Inc |
Opened
112,597
|
$19,519,838,000 | 1.80% |
| Philip Morris International Inc |
4.17%
190,017
|
$19,254,473,000 | 1.78% |
| Abbott Labs |
6.68%
172,695
|
$17,944,718,000 | 1.66% |
| Union Pac Corp |
6.56%
78,403
|
$17,739,512,000 | 1.64% |
| United Parcel Service, Inc. |
7.64%
116,319
|
$15,918,271,000 | 1.47% |
| Boeing Co. |
0.09%
87,377
|
$15,903,500,000 | 1.47% |
| KLA Corp. |
11.22%
18,889
|
$15,574,129,000 | 1.44% |
| Vanguard Mun Bd Fds |
7.44%
309,058
|
$15,486,917,000 | 1.43% |
| Asml Holding N V |
12.38%
14,195
|
$14,517,570,000 | 1.34% |
| Johnson Johnson |
0.19%
98,658
|
$14,419,896,000 | 1.33% |
| DTE Energy Co. |
1.80%
122,888
|
$13,641,783,000 | 1.26% |
| Eli Lilly Co |
8.08%
14,909
|
$13,497,959,000 | 1.25% |
| NextEra Energy Inc |
18.83%
152,962
|
$10,831,211,000 | 1.00% |
| Equinix Inc |
3.84%
12,644
|
$9,566,192,000 | 0.88% |
| Oreilly Automotive Inc |
9.11%
8,902
|
$9,401,047,000 | 0.87% |
| Genuine Parts Co. |
6.78%
64,931
|
$8,981,315,000 | 0.83% |
| American Tower Corp. |
8.32%
44,526
|
$8,654,869,000 | 0.80% |
| J P Morgan Exchange Traded F |
0.72%
205,272
|
$9,699,936,000 | 0.90% |
| Texas Instrs Inc |
1.67%
19,092
|
$3,714,060,000 | 0.34% |
| Coca-Cola Co |
2.17%
57,969
|
$3,689,750,000 | 0.34% |
| Procter And Gamble Co |
0.66%
20,840
|
$3,436,914,000 | 0.32% |
| Vanguard Specialized Funds |
2.14%
16,950
|
$3,094,181,000 | 0.29% |
| Automatic Data Processing In |
0.25%
12,355
|
$2,948,937,000 | 0.27% |
| Lockheed Martin Corp. |
1.96%
5,843
|
$2,729,202,000 | 0.25% |
| AMGEN Inc. |
4.01%
8,652
|
$2,703,353,000 | 0.25% |
| Agree Rlty Corp |
0.80%
41,451
|
$2,567,481,000 | 0.24% |
| RTX Corp |
1.12%
24,701
|
$2,479,750,000 | 0.23% |
| Spdr Sp 500 Etf Tr |
0.05%
3,726
|
$2,027,879,000 | 0.19% |
| NVIDIA Corp |
943.58%
16,092
|
$1,988,054,000 | 0.18% |
| Adobe Inc |
3.00%
3,325
|
$1,847,171,000 | 0.17% |
| Qualcomm, Inc. |
1.63%
9,077
|
$1,807,940,000 | 0.17% |
| Norfolk Southn Corp |
0.55%
7,716
|
$1,656,489,000 | 0.15% |
| Walmart Inc |
0.01%
24,259
|
$1,642,554,000 | 0.15% |
| Dimensional Etf Trust |
0.30%
49,462
|
$1,594,648,000 | 0.15% |
| Penske Automotive Grp Inc |
0.48%
10,481
|
$1,561,891,000 | 0.14% |
| Caterpillar Inc. |
0.17%
4,602
|
$1,532,966,000 | 0.14% |
| Invesco Exchange Traded Fd T |
2.90%
16,985
|
$2,187,297,000 | 0.20% |
| Vanguard Whitehall Fds |
1.56%
11,592
|
$1,374,772,000 | 0.13% |
| Berkshire Hathaway Inc. |
0.18%
3,281
|
$1,334,711,000 | 0.12% |
| Dt Midstream Inc |
8.63%
18,112
|
$1,286,521,000 | 0.12% |
| Stryker Corp. |
1.17%
3,647
|
$1,240,964,000 | 0.11% |
| Aon plc. |
0.23%
3,901
|
$1,145,265,000 | 0.11% |
| Exxon Mobil Corp. |
0.62%
9,610
|
$1,106,304,000 | 0.10% |
| Global X Fds |
12.55%
87,967
|
$2,165,549,000 | 0.20% |
| Vanguard Index Fds |
1.25%
10,425
|
$2,078,139,000 | 0.19% |
| Cisco Sys Inc |
95.82%
15,521
|
$737,418,000 | 0.07% |
| Illinois Tool Wks Inc |
1.21%
3,013
|
$713,866,000 | 0.07% |
| Spdr Gold Tr |
5.92%
3,239
|
$696,418,000 | 0.06% |
| Ford Mtr Co Del |
1.14%
50,387
|
$631,851,000 | 0.06% |
| American Elec Pwr Co Inc |
2.36%
7,000
|
$614,178,000 | 0.06% |
| Republic Svcs Inc |
0.29%
2,778
|
$539,843,000 | 0.05% |
| International Business Machs |
0.68%
3,050
|
$527,450,000 | 0.05% |
| Kimberly-Clark Corp. |
12.19%
3,802
|
$525,457,000 | 0.05% |
| Comerica, Inc. |
4.12%
9,959
|
$508,296,000 | 0.05% |
| Deere Co |
1.25%
1,187
|
$443,624,000 | 0.04% |
| Cummins Inc. |
0.47%
1,495
|
$413,984,000 | 0.04% |
| Meta Platforms Inc |
5.88%
817
|
$411,771,000 | 0.04% |
| Dow Inc |
4.98%
7,608
|
$403,605,000 | 0.04% |
| Analog Devices Inc. |
1.75%
1,688
|
$385,368,000 | 0.04% |
| Eaton Corp Plc |
0.59%
1,179
|
$369,742,000 | 0.03% |
| Ishares Tr |
Opened
3,548
|
$534,501,000 | 0.05% |
| Spdr Ser Tr |
0.68%
2,673
|
$339,912,000 | 0.03% |
| Altria Group Inc. |
3.64%
6,941
|
$316,174,000 | 0.03% |
| Raymond James Finl Inc |
0.40%
2,535
|
$313,309,000 | 0.03% |
| Spdr Ser Tr |
Closed
9,304
|
$409,620,000 | |
| Honeywell International Inc |
4.21%
1,364
|
$291,343,000 | 0.03% |
| Shell Plc |
0.31%
3,892
|
$280,941,000 | 0.03% |
| Oracle Corp. |
0.31%
1,960
|
$276,805,000 | 0.03% |
| Tecnoglass Inc |
No change
5,500
|
$275,990,000 | 0.03% |
| Parker-Hannifin Corp. |
0.19%
521
|
$263,296,000 | 0.02% |
| WEC Energy Group Inc |
12.08%
3,332
|
$261,416,000 | 0.02% |
| Chevron Corp. |
26.47%
1,653
|
$258,575,000 | 0.02% |
| Mastercard Incorporated |
2.50%
586
|
$258,543,000 | 0.02% |
| Vanguard Bd Index Fds |
0.84%
3,260
|
$250,039,000 | 0.02% |
| Ishares Gold Tr |
No change
5,665
|
$248,864,000 | 0.02% |
| Digital Rlty Tr Inc |
1.29%
1,610
|
$244,792,000 | 0.02% |
| Trane Technologies plc |
70.66%
727
|
$239,143,000 | 0.02% |
| Verizon Communications Inc |
2.83%
5,365
|
$221,252,000 | 0.02% |
| Starbucks Corp. |
2.60%
2,809
|
$218,666,000 | 0.02% |
| Eaton Vance Tax-managed Dive |
No change
15,447
|
$217,029,000 | 0.02% |
| Intuit Inc |
0.93%
320
|
$209,995,000 | 0.02% |
| L3Harris Technologies Inc |
0.43%
929
|
$208,560,000 | 0.02% |
| Oneok Inc. |
1.23%
2,543
|
$207,383,000 | 0.02% |
| Schwab Strategic Tr |
3.38%
8,068
|
$349,293,000 | 0.03% |
| Heico Corp. |
No change
1,150
|
$204,148,000 | 0.02% |
| Tesla Inc |
20.35%
998
|
$197,485,000 | 0.02% |
| e.l.f. Beauty Inc |
No change
900
|
$189,648,000 | 0.02% |
| Sp Global Inc |
3.91%
418
|
$186,305,000 | 0.02% |
| VanEck ETF Trust |
0.52%
3,283
|
$169,592,000 | 0.02% |
| Att Inc |
7.99%
8,809
|
$168,339,000 | 0.02% |
| Intuitive Surgical Inc |
No change
378
|
$168,154,000 | 0.02% |
| Fifth Third Bancorp |
1.03%
4,603
|
$167,948,000 | 0.02% |
| Applied Matls Inc |
40.04%
703
|
$165,818,000 | 0.02% |
| Sysco Corp. |
0.48%
2,320
|
$165,650,000 | 0.02% |
| Air Prods Chems Inc |
1.59%
619
|
$159,645,000 | 0.01% |
| Invesco Exch Traded Fd Tr Ii |
26.99%
781
|
$153,933,000 | 0.01% |
| Accenture Plc Ireland |
0.20%
506
|
$153,650,000 | 0.01% |
| Bristol-Myers Squibb Co. |
17.39%
3,648
|
$151,484,000 | 0.01% |
| Novo-nordisk A S |
No change
1,058
|
$151,021,000 | 0.01% |
| Travelers Companies Inc. |
1.09%
740
|
$150,540,000 | 0.01% |
| Johnson Ctls Intl Plc |
0.50%
2,219
|
$147,506,000 | 0.01% |
| National Beverage Corp. |
No change
2,844
|
$145,727,000 | 0.01% |
| Blackstone Inc |
0.26%
1,169
|
$144,666,000 | 0.01% |
| Sun Cmntys Inc |
2.79%
1,185
|
$142,569,000 | 0.01% |
| General Mtrs Co |
1.36%
3,041
|
$141,284,000 | 0.01% |
| Carrier Global Corporation |
0.29%
2,094
|
$132,071,000 | 0.01% |
| American Wtr Wks Co Inc New |
0.59%
1,017
|
$131,402,000 | 0.01% |
| Paychex Inc. |
No change
1,089
|
$129,093,000 | 0.01% |
| Academy Sports Outdoors In |
Closed
1,900
|
$128,326,000 | |
| Pfizer Inc. |
26.24%
4,547
|
$127,226,000 | 0.01% |
| Vanguard Star Fds |
0.81%
2,107
|
$127,048,000 | 0.01% |
| Netflix Inc. |
3.89%
187
|
$126,203,000 | 0.01% |
| R1 RCM Inc. |
No change
10,000
|
$125,600,000 | 0.01% |
| Prologis Inc |
8.71%
1,101
|
$123,653,000 | 0.01% |
| Century Cmntys Inc |
No change
1,500
|
$122,490,000 | 0.01% |
| Clorox Co. |
Closed
789
|
$120,824,000 | |
| Delta Air Lines, Inc. |
0.40%
2,530
|
$120,028,000 | 0.01% |
| Generac Holdings Inc |
No change
877
|
$115,957,000 | 0.01% |
| Vanguard World Fd |
Opened
368
|
$115,773,000 | 0.01% |
| Nike, Inc. |
Closed
1,230
|
$115,615,000 | |
| T-Mobile US Inc |
0.47%
644
|
$113,388,000 | 0.01% |
| Marathon Pete Corp |
Closed
553
|
$111,485,000 | |
| Vanguard Index Fds |
Opened
222
|
$110,878,000 | 0.01% |
| Toll Brothers Inc. |
Closed
850
|
$109,965,000 | |
| CMS Energy Corporation |
0.83%
1,828
|
$108,838,000 | 0.01% |
| Apollo Global Mgmt Inc |
4.26%
921
|
$108,726,000 | 0.01% |
| Janus Detroit Str Tr |
Opened
2,133
|
$108,530,000 | 0.01% |
| Spdr Sp Midcap 400 Etf Tr |
No change
200
|
$107,016,000 | 0.01% |
| Autozone Inc. |
No change
36
|
$106,708,000 | 0.01% |
| Vertex Pharmaceuticals, Inc. |
Opened
227
|
$106,400,000 | 0.01% |
| BP plc |
0.69%
2,928
|
$105,705,000 | 0.01% |
| Intel Corp. |
0.63%
3,350
|
$103,752,000 | 0.01% |
| Sherwin-Williams Co. |
Closed
296
|
$102,837,000 | |
| Global X Fds |
Opened
4,661
|
$102,635,000 | 0.01% |
| Dimensional Etf Trust |
Opened
1,732
|
$101,955,000 | 0.01% |
| Duke Energy Corp. |
Opened
1,000
|
$100,183,000 | 0.01% |
| Adient plc |
Closed
3,038
|
$100,011,000 | |
| No transactions found | |||
| Showing first 500 out of 159 holdings | |||
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