Bayshore Asset Management 13F annual report
Bayshore Asset Management is an investment fund managing more than $199 billion ran by Gabriel Bustamante. There are currently 17 companies in Mr. Bustamante’s portfolio. The largest investments include Dimensional Etf Trust and American Centy Etf Tr, together worth $179 billion.
$199 billion Assets Under Management (AUM)
As of 23rd July 2024, Bayshore Asset Management’s top holding is 3,599,736 shares of Dimensional Etf Trust currently worth over $142 billion and making up 71.6% of the portfolio value.
In addition, the fund holds 563,232 shares of American Centy Etf Tr worth $36.6 billion.
The third-largest holding is Vanguard Index Fds worth $6.83 billion and the next is EA Series Trust worth $2.66 billion, with 130,376 shares owned.
Currently, Bayshore Asset Management's portfolio is worth at least $199 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 Bayshore Asset Management
The Bayshore Asset Management office and employees reside in Coral Gables, Florida. According to the last 13-F report filed with the SEC, Gabriel Bustamante serves as the MANAGING MEMBER & CCO at Bayshore Asset Management.
Recent trades
In the most recent 13F filing, Bayshore Asset Management revealed that it had opened a new position in
Royal Caribbean and bought 1,400 shares worth $223 million.
This means they effectively own approximately 0.1% of the company.
Royal Caribbean makes up
7.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
9,173 additional shares.
This makes their stake in Vanguard Index Fds total 77,747 shares worth $6.83 billion.
On the other hand, there are companies that Bayshore Asset Management is getting rid of from its portfolio.
Bayshore Asset Management closed its position in Spdr Gold Tr on 30th July 2024.
It sold the previously owned 1,529 shares for $315 million.
Gabriel Bustamante also disclosed a decreased stake in Dimensional Etf Trust by approximately 0.1%.
This leaves the value of the investment at $142 billion and 3,599,736 shares.
One of the smallest hedge funds
The two most similar investment funds to Bayshore Asset Management are Mkt Advisors and Sequent Asset Management. They manage $199 billion and $199 billion respectively.
Gabriel Bustamante investment strategy
Bayshore Asset Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 2.7% of
the total portfolio value.
The fund focuses on investments in the United States as
52.9% 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
53% of the total holdings value.
On the other hand, small-cap stocks make up only 5.9% of the portfolio.
The average market cap of the portfolio companies is close to $500 billion.
The complete list of Bayshore Asset Management trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
0.14%
3,599,736
|
$142,345,220,000 | 71.58% |
| American Centy Etf Tr |
2.12%
563,232
|
$36,623,954,000 | 18.42% |
| Vanguard Index Fds |
13.38%
77,747
|
$6,833,136,000 | 3.44% |
| EA Series Trust |
0.11%
130,376
|
$2,656,057,000 | 1.34% |
| Microsoft Corporation |
No change
4,458
|
$1,992,558,000 | 1.00% |
| Apple Inc |
1.25%
7,285
|
$1,534,429,000 | 0.77% |
| Meta Platforms Inc |
No change
2,574
|
$1,297,862,000 | 0.65% |
| Palo Alto Networks Inc |
No change
3,717
|
$1,260,100,000 | 0.63% |
| Amazon.com Inc. |
0.95%
5,507
|
$1,064,282,000 | 0.54% |
| NVIDIA Corp |
900.00%
5,950
|
$735,063,000 | 0.37% |
| Humana Inc. |
No change
1,392
|
$520,121,000 | 0.26% |
| Norwegian Cruise Line Hldg L |
No change
24,165
|
$454,060,000 | 0.23% |
| Automatic Data Processing In |
No change
1,679
|
$400,761,000 | 0.20% |
| McCormick & Co., Inc. |
No change
5,000
|
$354,700,000 | 0.18% |
| Select Sector Spdr Tr |
No change
1,500
|
$339,345,000 | 0.17% |
| Spdr Gold Tr |
Closed
1,529
|
$314,546,000 | |
| Vanguard World Fd |
Closed
3,943
|
$302,034,000 | |
| Schwab Strategic Tr |
Closed
5,117
|
$246,691,000 | |
| Kayne Anderson Energy Infrst |
Closed
24,000
|
$240,240,000 | |
| SpringWorks Therapeutics, Inc. |
Closed
4,852
|
$238,815,000 | |
| Nuveen Quality Muncp Income |
Closed
20,300
|
$232,638,000 | |
| Workday Inc |
No change
1,016
|
$227,137,000 | 0.11% |
| Nuveen Amt Free Qlty Mun Inc |
Closed
20,260
|
$224,278,000 | |
| Blackrock Tax Municpal Bd Tr |
Closed
13,685
|
$223,613,000 | |
| Royal Caribbean Group |
Opened
1,400
|
$223,265,000 | 0.11% |
| Nuveen Taxable Municpal Inm |
Closed
12,835
|
$196,632,000 | |
| Invesco Advantage Mun Income |
Closed
10,900
|
$92,650,000 | |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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