360 13F annual report
360 is an investment fund managing more than $252 billion ran by Michael Rogers. There are currently 64 companies in Mr. Rogers’s portfolio. The largest investments include Vanguard Specialized Funds and Invesco Exch Traded Fd Tr Ii, together worth $73.6 billion.
$252 billion Assets Under Management (AUM)
As of 2nd August 2024, 360’s top holding is 294,936 shares of Vanguard Specialized Funds currently worth over $53.8 billion and making up 21.4% of the portfolio value.
In addition, the fund holds 100,333 shares of Invesco Exch Traded Fd Tr Ii worth $19.8 billion.
The third-largest holding is Wisdomtree Tr worth $16.1 billion and the next is Ishares Tr worth $51.1 billion, with 398,450 shares owned.
Currently, 360's portfolio is worth at least $252 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 360
The 360 office and employees reside in Wayzata, Minnesota. According to the last 13-F report filed with the SEC, Michael Rogers serves as the Chief Compliance Officer at 360.
Recent trades
In the most recent 13F filing, 360 revealed that it had opened a new position in
Spdr Ser Tr and bought 86,510 shares worth $9.54 billion.
The investment fund also strengthened its position in Invesco Exch Traded Fd Tr Ii by buying
6,447 additional shares.
This makes their stake in Invesco Exch Traded Fd Tr Ii total 100,333 shares worth $19.8 billion.
On the other hand, there are companies that 360 is getting rid of from its portfolio.
360 closed its position in Intuit Inc on 9th August 2024.
It sold the previously owned 436 shares for $284 million.
Michael Rogers also disclosed a decreased stake in Vanguard Specialized Funds by approximately 0.1%.
This leaves the value of the investment at $53.8 billion and 294,936 shares.
One of the smallest hedge funds
The two most similar investment funds to 360 are Adams Street Partners and Argent Advisors. They manage $252 billion and $252 billion respectively.
Michael Rogers investment strategy
360’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 3.3% of
the total portfolio value.
The fund focuses on investments in the United States as
39.1% 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
30% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $354 billion.
The complete list of 360 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 |
|---|---|---|---|
| Vanguard Specialized Funds |
6.64%
294,936
|
$53,840,577,000 | 21.40% |
| Invesco Exch Traded Fd Tr Ii |
6.87%
100,333
|
$19,776,552,000 | 7.86% |
| Wisdomtree Tr |
1.81%
411,235
|
$16,071,063,000 | 6.39% |
| Ishares Tr |
15.16%
398,450
|
$51,086,924,000 | 20.31% |
| Cambria Etf Tr |
3.61%
201,060
|
$13,728,403,000 | 5.46% |
| Invesco Exchange Traded Fd T |
3.44%
274,459
|
$15,877,900,000 | 6.31% |
| Spdr Ser Tr |
5.84%
135,225
|
$13,009,390,000 | 5.17% |
| Global X Fds |
2.15%
313,008
|
$11,587,567,000 | 4.61% |
| Spdr Ser Tr |
Opened
86,510
|
$9,541,224,000 | 3.79% |
| Vanguard Index Fds |
1.73%
32,515
|
$8,190,113,000 | 3.26% |
| NVIDIA Corp |
882.66%
28,222
|
$3,486,532,000 | 1.39% |
| Microsoft Corporation |
0.02%
5,802
|
$2,593,220,000 | 1.03% |
| Apple Inc |
16.80%
11,059
|
$2,329,247,000 | 0.93% |
| Spdr Sp 500 Etf Tr |
0.59%
3,391
|
$1,845,532,000 | 0.73% |
| Costco Whsl Corp New |
15.47%
1,918
|
$1,630,281,000 | 0.65% |
| Vanguard Whitehall Fds |
0.05%
12,950
|
$1,535,870,000 | 0.61% |
| First Tr Exchange-traded Fd |
5.65%
32,120
|
$1,895,741,000 | 0.75% |
| Vanguard Scottsdale Fds |
0.96%
17,933
|
$1,433,392,000 | 0.57% |
| Fastenal Co. |
5.16%
19,098
|
$1,200,109,000 | 0.48% |
| Automatic Data Processing In |
No change
4,343
|
$1,036,732,000 | 0.41% |
| Berkshire Hathaway Inc. |
No change
2,315
|
$1,553,576,000 | 0.62% |
| Visa Inc |
No change
3,478
|
$912,871,000 | 0.36% |
| Qualcomm, Inc. |
30.40%
3,968
|
$790,441,000 | 0.31% |
| AMMO, Inc. |
No change
444,000
|
$745,920,000 | 0.30% |
| First Tr Nas100 Eq Weighted |
No change
5,849
|
$721,098,000 | 0.29% |
| Amazon.com Inc. |
No change
3,559
|
$687,777,000 | 0.27% |
| AMGEN Inc. |
No change
1,969
|
$615,214,000 | 0.24% |
| Fs Kkr Cap Corp |
2.35%
30,258
|
$596,988,000 | 0.24% |
| Select Sector Spdr Tr |
0.66%
6,402
|
$1,209,202,000 | 0.48% |
| VanEck ETF Trust |
7.32%
12,849
|
$834,805,000 | 0.33% |
| Merck Co Inc |
0.02%
4,450
|
$550,930,000 | 0.22% |
| Cisco Sys Inc |
0.07%
11,331
|
$538,352,000 | 0.21% |
| Coca-Cola Co |
0.02%
8,200
|
$521,954,000 | 0.21% |
| Vanguard World Fd |
No change
2,433
|
$928,129,000 | 0.37% |
| Johnson Johnson |
0.03%
3,560
|
$520,296,000 | 0.21% |
| Meta Platforms Inc |
No change
973
|
$490,706,000 | 0.20% |
| Quanta Svcs Inc |
Opened
1,900
|
$482,771,000 | 0.19% |
| Procter And Gamble Co |
7.64%
2,867
|
$472,878,000 | 0.19% |
| Honeywell International Inc |
No change
1,985
|
$423,877,000 | 0.17% |
| Unitedhealth Group Inc |
No change
826
|
$420,649,000 | 0.17% |
| Arm Holdings Plc |
30.82%
2,547
|
$416,740,000 | 0.17% |
| Super Micro Computer Inc |
25.00%
500
|
$409,675,000 | 0.16% |
| Alphabet Inc |
No change
2,050
|
$376,011,000 | 0.15% |
| Apogee Enterprises Inc. |
No change
5,848
|
$367,459,000 | 0.15% |
| Huntington Bancshares, Inc. |
36.42%
26,563
|
$350,100,000 | 0.14% |
| Pepsico Inc |
No change
2,108
|
$347,672,000 | 0.14% |
| United Parcel Service, Inc. |
No change
2,311
|
$316,260,000 | 0.13% |
| John Hancock Exchange Traded |
1.74%
5,269
|
$290,006,000 | 0.12% |
| Intuit Inc |
Closed
436
|
$283,715,000 | |
| Invesco Exchange Traded Fd T |
Opened
2,804
|
$272,058,000 | 0.11% |
| Pioneer Nat Res Co |
Closed
1,000
|
$262,500,000 | |
| Vanguard Admiral Fds Inc |
15.15%
2,650
|
$260,216,000 | 0.10% |
| Hormel Foods Corp. |
0.12%
8,312
|
$253,422,000 | 0.10% |
| Advanced Micro Devices Inc. |
No change
1,510
|
$244,937,000 | 0.10% |
| Exxon Mobil Corp. |
Opened
2,026
|
$233,233,000 | 0.09% |
| Nike, Inc. |
Closed
2,400
|
$225,552,000 | |
| Prologis Inc |
Closed
1,700
|
$221,374,000 | |
| Wp Carey Inc |
36.04%
4,017
|
$221,136,000 | 0.09% |
| Ishares Silver Tr |
Opened
8,167
|
$216,997,000 | 0.09% |
| Invesco Exch Traded Fd Tr Ii |
Closed
2,249
|
$210,799,000 | |
| Direxion Shs Etf Tr |
Opened
5,932
|
$418,066,000 | 0.17% |
| Proshares Tr |
Opened
2,781
|
$205,293,000 | 0.08% |
| Mosaic Co New |
No change
7,000
|
$202,300,000 | 0.08% |
| Southwestern Energy Company |
No change
24,700
|
$166,231,000 | 0.07% |
| Outset Med Inc |
No change
28,710
|
$110,534,000 | 0.04% |
| Opko Health Inc |
2.64%
77,700
|
$97,125,000 | 0.04% |
| Marqeta Inc |
No change
12,300
|
$67,404,000 | 0.03% |
| Lumen Technologies, Inc. |
No change
16,000
|
$17,600,000 | 0.01% |
| Stem Inc |
No change
13,170
|
$14,619,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 69 holdings | |||
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