Essex 13F annual report
Essex is an investment fund managing more than $434 billion ran by Joel Hergenreter. There are currently 113 companies in Mr. Hergenreter’s portfolio. The largest investments include Vanguard Scottsdale Fds and Spdr Ser Tr, together worth $89.8 billion.
$434 billion Assets Under Management (AUM)
As of 26th April 2024, Essex’s top holding is 800,237 shares of Vanguard Scottsdale Fds currently worth over $63 billion and making up 14.5% of the portfolio value.
In addition, the fund holds 1,018,707 shares of Spdr Ser Tr worth $26.8 billion.
The third-largest holding is Select Sector Spdr Tr worth $43 billion and the next is First Tr Exch Traded Fd Iii worth $17.4 billion, with 958,830 shares owned.
Currently, Essex's portfolio is worth at least $434 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 Essex
The Essex office and employees reside in Deer Park, Illinois. According to the last 13-F report filed with the SEC, Joel Hergenreter serves as the Consultant at Essex.
Recent trades
In the most recent 13F filing, Essex revealed that it had opened a new position in
Hennessy Fds Tr and bought 142,675 shares worth $4.32 billion.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
126,741 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 800,237 shares worth $63 billion.
On the other hand, there are companies that Essex is getting rid of from its portfolio.
Essex closed its position in Alps Etf Tr on 3rd May 2024.
It sold the previously owned 71,243 shares for $2.52 billion.
Joel Hergenreter also disclosed a decreased stake in Goldman Sachs by approximately 0.1%.
This leaves the value of the investment at $10.7 billion and 25,675 shares.
One of the average hedge funds
The two most similar investment funds to Essex are Retirement Income Solutions, Inc and Lynch & Associates/in. They manage $434 billion and $433 billion respectively.
Joel Hergenreter investment strategy
Essex’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 9.0% of
the total portfolio value.
The fund focuses on investments in the United States as
50.4% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $195 billion.
The complete list of Essex trades based on 13F SEC filings
These positions were updated on May 3rd 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 Scottsdale Fds |
18.82%
800,237
|
$63,003,000,000 | 14.53% |
| Spdr Ser Tr |
2.11%
1,018,707
|
$26,801,933,000 | 6.18% |
| Select Sector Spdr Tr |
42.67%
384,980
|
$42,978,045,000 | 9.91% |
| First Tr Exch Traded Fd Iii |
1.34%
958,830
|
$17,408,663,000 | 4.02% |
| Schwab Strategic Tr |
33.03%
1,192,731
|
$61,493,896,000 | 14.18% |
| Goldman Sachs Group, Inc. |
2.62%
25,675
|
$10,723,996,000 | 2.47% |
| Advanced Micro Devices Inc. |
5.37%
48,896
|
$8,825,239,000 | 2.04% |
| J P Morgan Exchange Traded F |
80.80%
172,548
|
$8,705,047,000 | 2.01% |
| Jpmorgan Chase Co |
2.79%
37,988
|
$7,608,934,000 | 1.75% |
| Microsoft Corporation |
6.10%
16,550
|
$6,963,006,000 | 1.61% |
| Deere Co |
2.55%
14,582
|
$5,989,229,000 | 1.38% |
| Ishares Tr |
19.20%
212,636
|
$20,729,491,000 | 4.78% |
| Apple Inc |
3.73%
33,612
|
$5,763,868,000 | 1.33% |
| Johnson Johnson |
1.13%
32,195
|
$5,092,992,000 | 1.17% |
| Marsh Mclennan Cos Inc |
4.46%
23,671
|
$4,875,753,000 | 1.12% |
| Merck Co Inc |
9.05%
35,895
|
$4,736,409,000 | 1.09% |
| Invesco Exch Traded Fd Tr Ii |
5.05%
238,396
|
$4,701,168,000 | 1.08% |
| Hennessy Fds Tr |
Opened
142,675
|
$4,318,601,000 | 1.00% |
| VanEck ETF Trust |
0.39%
144,647
|
$4,197,656,000 | 0.97% |
| Alphabet Inc |
4.74%
54,088
|
$8,200,121,000 | 1.89% |
| Starbucks Corp. |
8.58%
43,899
|
$4,011,914,000 | 0.93% |
| Linde Plc. |
3.92%
8,325
|
$3,865,650,000 | 0.89% |
| General Dynamics Corp. |
0.04%
13,398
|
$3,784,801,000 | 0.87% |
| Pepsico Inc |
5.50%
21,624
|
$3,784,384,000 | 0.87% |
| General Electric Co |
Opened
21,425
|
$3,760,750,000 | 0.87% |
| Procter And Gamble Co |
5.14%
22,659
|
$3,676,342,000 | 0.85% |
| Emerson Elec Co |
2.30%
31,527
|
$3,575,739,000 | 0.82% |
| NVIDIA Corp |
52.41%
3,884
|
$3,509,716,000 | 0.81% |
| Honeywell International Inc |
7.16%
16,808
|
$3,449,838,000 | 0.80% |
| RTX Corp |
1.74%
34,402
|
$3,355,184,000 | 0.77% |
| Disney Walt Co |
2.88%
26,450
|
$3,236,456,000 | 0.75% |
| Global X Fds |
35.28%
144,623
|
$5,734,906,000 | 1.32% |
| Skyworks Solutions, Inc. |
3.93%
29,244
|
$3,167,710,000 | 0.73% |
| Cisco Sys Inc |
3.09%
62,469
|
$3,117,840,000 | 0.72% |
| Alps Etf Tr |
Closed
71,243
|
$2,523,562,000 | |
| International Business Machs |
9.45%
12,698
|
$2,424,859,000 | 0.56% |
| Boston Properties, Inc. |
15.28%
36,522
|
$2,385,223,000 | 0.55% |
| Amazon.com Inc. |
2.27%
13,190
|
$2,379,145,000 | 0.55% |
| Meta Platforms Inc |
9.95%
4,840
|
$2,350,217,000 | 0.54% |
| Schwab Strategic Tr |
Opened
52,260
|
$2,325,047,000 | 0.54% |
| GE Aerospace |
Closed
20,633
|
$2,280,960,000 | |
| PayPal Holdings Inc |
11.40%
33,914
|
$2,271,899,000 | 0.52% |
| Exxon Mobil Corp. |
4.55%
18,097
|
$2,103,595,000 | 0.49% |
| Pfizer Inc. |
14.76%
75,758
|
$2,102,297,000 | 0.48% |
| The Southern Co. |
1.26%
26,200
|
$1,879,588,000 | 0.43% |
| Consolidated Edison, Inc. |
9.27%
20,564
|
$1,867,303,000 | 0.43% |
| Waste Mgmt Inc Del |
13.25%
8,640
|
$1,841,616,000 | 0.42% |
| Verisign Inc. |
67.82%
7,967
|
$1,509,826,000 | 0.35% |
| Att Inc |
28.51%
84,673
|
$1,490,245,000 | 0.34% |
| Eli Lilly Co |
8.36%
1,874
|
$1,457,748,000 | 0.34% |
| Exelon Corp. |
28.04%
34,866
|
$1,309,916,000 | 0.30% |
| Global X Fds |
Closed
61,851
|
$1,245,679,000 | |
| Pinterest Inc |
3.65%
35,741
|
$1,239,140,000 | 0.29% |
| DuPont de Nemours Inc |
2.49%
13,600
|
$1,042,712,000 | 0.24% |
| Cassava Sciences Inc |
316.93%
50,674
|
$1,028,175,000 | 0.24% |
| Berkshire Hathaway Inc. |
16.75%
2,435
|
$1,023,966,000 | 0.24% |
| Mastercard Incorporated |
20.61%
1,976
|
$951,687,000 | 0.22% |
| Dow Inc |
3.65%
15,148
|
$877,524,000 | 0.20% |
| Arista Networks Inc |
8.19%
2,971
|
$861,531,000 | 0.20% |
| Kinder Morgan Inc |
26.69%
45,467
|
$833,865,000 | 0.19% |
| Trane Technologies plc |
5.07%
2,717
|
$815,715,000 | 0.19% |
| Transocean Ltd |
18.30%
128,763
|
$808,632,000 | 0.19% |
| Corteva Inc |
13.66%
13,886
|
$800,806,000 | 0.18% |
| Vanguard Intl Equity Index F |
27.52%
18,193
|
$759,905,000 | 0.18% |
| Netflix Inc. |
0.42%
1,179
|
$716,292,000 | 0.17% |
| Costco Whsl Corp New |
5.19%
913
|
$669,232,000 | 0.15% |
| Novo-nordisk A S |
2.18%
4,684
|
$601,426,000 | 0.14% |
| Salesforce Inc |
6.53%
1,989
|
$599,047,000 | 0.14% |
| Spdr Sp 500 Etf Tr |
Closed
1,370
|
$585,648,000 | |
| Vanguard Index Fds |
1.38%
2,433
|
$880,639,000 | 0.20% |
| Union Pac Corp |
9.56%
2,177
|
$535,417,000 | 0.12% |
| CVS Health Corp |
3.89%
6,447
|
$514,178,000 | 0.12% |
| Abbvie Inc |
17.55%
2,720
|
$495,226,000 | 0.11% |
| Bristol-Myers Squibb Co. |
18.29%
8,622
|
$466,922,000 | 0.11% |
| Vanguard Bd Index Fds |
23.48%
5,965
|
$457,337,000 | 0.11% |
| Thermo Fisher Scientific Inc. |
17.71%
731
|
$425,017,000 | 0.10% |
| DocuSign Inc |
26.61%
7,130
|
$424,591,000 | 0.10% |
| Nike, Inc. |
Closed
4,241
|
$405,514,000 | |
| Ishares Tr |
Closed
26,796
|
$1,677,674,000 | |
| Chevron Corp. |
28.78%
2,423
|
$382,228,000 | 0.09% |
| Shopify Inc |
Opened
4,947
|
$381,760,000 | 0.09% |
| Spdr Gold Tr |
4.82%
1,847
|
$379,965,000 | 0.09% |
| Tjx Cos Inc New |
No change
3,715
|
$376,775,000 | 0.09% |
| Vale S.A. |
49.22%
30,620
|
$373,258,000 | 0.09% |
| CME Group Inc |
14.34%
1,649
|
$355,047,000 | 0.08% |
| First Tr Exchange-traded Fd |
Closed
8,292
|
$353,488,000 | |
| Oracle Corp. |
2.85%
2,765
|
$347,267,000 | 0.08% |
| Churchill Downs, Inc. |
No change
2,797
|
$346,129,000 | 0.08% |
| Blackstone Inc |
26.78%
2,606
|
$342,350,000 | 0.08% |
| Tesla Inc |
21.58%
1,944
|
$341,710,000 | 0.08% |
| Home Depot, Inc. |
5.16%
882
|
$338,513,000 | 0.08% |
| Adobe Inc |
51.28%
668
|
$337,073,000 | 0.08% |
| Schwab Charles Corp |
0.67%
4,570
|
$330,594,000 | 0.08% |
| Visa Inc |
No change
1,138
|
$317,593,000 | 0.07% |
| Proshares Tr |
Closed
8,000
|
$313,760,000 | |
| Weyerhaeuser Co Mtn Be |
20.51%
8,700
|
$312,417,000 | 0.07% |
| Activision Blizzard Inc |
Closed
3,220
|
$301,489,000 | |
| Mcdonalds Corp |
5.37%
1,022
|
$288,153,000 | 0.07% |
| Air Prods Chems Inc |
No change
1,155
|
$279,822,000 | 0.06% |
| Interdigital Inc |
32.37%
2,586
|
$275,313,000 | 0.06% |
| VanEck ETF Trust |
Closed
3,618
|
$274,389,000 | |
| American Tower Corp. |
28.22%
1,353
|
$267,265,000 | 0.06% |
| First Tr Exchange-traded Fd |
5.48%
5,431
|
$262,046,000 | 0.06% |
| Advisorshares Tr |
Closed
7,219
|
$261,350,000 | |
| Open Text Corp |
Opened
6,440
|
$250,065,000 | 0.06% |
| Viatris Inc. |
No change
20,848
|
$248,925,000 | 0.06% |
| Vanguard Index Fds |
Opened
1,627
|
$454,105,000 | 0.10% |
| Colgate-Palmolive Co. |
Opened
2,650
|
$238,633,000 | 0.06% |
| Palo Alto Networks Inc |
Opened
817
|
$232,134,000 | 0.05% |
| Heico Corp. |
4.74%
1,205
|
$230,155,000 | 0.05% |
| Philip Morris International Inc |
Closed
2,474
|
$229,046,000 | |
| Novartis AG |
No change
2,350
|
$227,316,000 | 0.05% |
| Deckers Outdoor Corp. |
Opened
235
|
$221,196,000 | 0.05% |
| Aon plc. |
5.87%
658
|
$219,588,000 | 0.05% |
| C.H. Robinson Worldwide, Inc. |
No change
2,876
|
$218,975,000 | 0.05% |
| Ge Healthcare Technologies I |
25.19%
2,399
|
$218,099,000 | 0.05% |
| AMGEN Inc. |
11.67%
749
|
$212,869,000 | 0.05% |
| Marvell Technology Inc |
Closed
3,813
|
$206,398,000 | |
| Danaher Corp. |
Closed
830
|
$205,993,000 | |
| United Parcel Service, Inc. |
Closed
1,317
|
$205,222,000 | |
| Saia Inc. |
Opened
350
|
$204,750,000 | 0.05% |
| Sharkninja Inc |
Opened
3,275
|
$204,000,000 | 0.05% |
| Vanguard Star Fds |
26.24%
3,371
|
$203,274,000 | 0.05% |
| Ingersoll-Rand Inc |
Opened
2,128
|
$202,098,000 | 0.05% |
| Spdr Ser Tr |
Closed
3,845
|
$201,824,000 | |
| Exact Sciences Corp. |
Opened
2,900
|
$200,274,000 | 0.05% |
| Proshares Tr |
22.39%
21,863
|
$141,235,000 | 0.03% |
| Genworth Finl Inc |
No change
11,300
|
$72,659,000 | 0.02% |
| Tilray Brands Inc |
Opened
20,000
|
$49,400,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 129 holdings | |||
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