Nixon Capital 13F annual report
Nixon Capital is an investment fund managing more than $257 billion ran by Mercer Proctor. There are currently 29 companies in Proctor’s portfolio. The largest investments include Uber Technologies Inc and PayPal Inc, together worth $45.9 billion.
$257 billion Assets Under Management (AUM)
As of 7th May 2024, Nixon Capital’s top holding is 328,906 shares of Uber Technologies Inc currently worth over $25.3 billion and making up 9.8% of the portfolio value.
Relative to the number of outstanding shares of Uber Technologies Inc, Nixon Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 307,005 shares of PayPal Inc worth $20.6 billion, whose value grew 12.8% in the past six months.
The third-largest holding is Sl Green Rlty Corp worth $18.6 billion and the next is Disney Walt Co worth $18 billion, with 147,352 shares owned.
Currently, Nixon Capital's portfolio is worth at least $257 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 Nixon Capital
The Nixon Capital office and employees reside in Austin, Texas. According to the last 13-F report filed with the SEC, Mercer Proctor serves as the COO/CCO at Nixon Capital.
Recent trades
In the most recent 13F filing, Nixon Capital revealed that it had opened a new position in
PayPal Inc and bought 307,005 shares worth $20.6 billion.
This means they effectively own approximately 0.1% of the company.
PayPal Inc makes up
69.6%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Uber Technologies Inc by buying
5,777 additional shares.
This makes their stake in Uber Technologies Inc total 328,906 shares worth $25.3 billion.
Uber Technologies Inc dropped approximately 0.1% in the past year.
On the other hand, Mercer Proctor disclosed a decreased stake in Fidelity National Inc by 0.5%.
This leaves the value of the investment at $8.7 billion and 163,379 shares.
One of the smaller hedge funds
The two most similar investment funds to Nixon Capital are United Community Bank and Field & Main Bank. They manage $257 billion and $257 billion respectively.
Mercer Proctor investment strategy
Nixon Capital’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 18.3% of
the total portfolio value.
The fund focuses on investments in the United States as
41.4% 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
28% 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 $99.5 billion.
The complete list of Nixon Capital trades based on 13F SEC filings
These positions were updated on May 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 |
|---|---|---|---|
| Uber Technologies Inc |
1.79%
328,906
|
$25,322,474,000 | 9.83% |
| PayPal Holdings Inc |
Opened
307,005
|
$20,566,266,000 | 7.99% |
| Sl Green Rlty Corp |
58.22%
335,717
|
$18,591,152,000 | 7.22% |
| Disney Walt Co |
32.52%
147,352
|
$18,029,991,000 | 7.00% |
| Sony Group Corp |
2.72%
199,119
|
$17,072,464,000 | 6.63% |
| Vornado Rlty Tr |
69.25%
582,247
|
$16,751,247,000 | 6.51% |
| Vestis Corporation |
Opened
839,232
|
$16,200,615,000 | 6.29% |
| PubMatic, Inc. |
2.17%
548,245
|
$13,004,373,000 | 5.05% |
| Celanese Corp |
36.71%
73,299
|
$12,597,167,000 | 4.89% |
| Carmax Inc |
34.08%
138,685
|
$12,080,851,000 | 4.69% |
| YETI Holdings Inc |
28.95%
282,151
|
$10,876,922,000 | 4.22% |
| Nu Hldgs Ltd |
Opened
864,989
|
$10,319,320,000 | 4.01% |
| OneSpaWorld Holdings Limited |
Opened
735,205
|
$9,726,763,000 | 3.78% |
| Mdu Res Group Inc |
Opened
370,073
|
$9,325,840,000 | 3.62% |
| Fidelity National Financial Inc |
50.85%
163,379
|
$8,698,073,000 | 3.38% |
| Walker Dunlop Inc |
2.46%
85,757
|
$8,666,603,000 | 3.37% |
| Simon Ppty Group Inc New |
49.80%
54,708
|
$8,591,865,000 | 3.34% |
| RH |
2.61%
24,048
|
$8,374,957,000 | 3.25% |
| StoneCo Ltd |
32.52%
474,416
|
$7,880,051,000 | 3.06% |
| Ishares Russell 2000 Value |
Opened
20,000
|
$3,176,200,000 | 1.23% |
| NVIDIA Corp |
637.33%
1,106
|
$999,338,000 | 0.39% |
| Berkshire Hathaway Inc. |
Opened
510
|
$214,466,000 | 0.08% |
| Wells Fargo Co New |
Opened
1,720
|
$99,692,000 | 0.04% |
| Conocophillips |
99.33%
742
|
$94,442,000 | 0.04% |
| Pioneer Nat Res Co |
99.49%
263
|
$69,038,000 | 0.03% |
| Eog Res Inc |
99.48%
514
|
$65,710,000 | 0.03% |
| American Express Co. |
99.69%
218
|
$49,637,000 | 0.02% |
| Wyndham Hotels Resorts Inc |
Opened
440
|
$33,770,000 | 0.01% |
| FibroGen Inc |
Opened
7,274
|
$17,094,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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