Sharper & Granite 13F annual report
Sharper & Granite is an investment fund managing more than $190 billion ran by Christopher Casanega. There are currently 34 companies in Mr. Casanega’s portfolio. The largest investments include Wisdomtree Tr and Select Sector Spdr Tr, together worth $58.6 billion.
$190 billion Assets Under Management (AUM)
As of 12th January 2024, Sharper & Granite’s top holding is 528,947 shares of Wisdomtree Tr currently worth over $28.1 billion and making up 14.7% of the portfolio value.
In addition, the fund holds 361,546 shares of Select Sector Spdr Tr worth $30.6 billion.
The third-largest holding is Vanguard Index Fds worth $25.2 billion and the next is Vanguard World Fds worth $29.8 billion, with 165,644 shares owned.
Currently, Sharper & Granite's portfolio is worth at least $190 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 Sharper & Granite
The Sharper & Granite office and employees reside in El Segundo, California. According to the last 13-F report filed with the SEC, Christopher Casanega serves as the Managing Director at Sharper & Granite.
Recent trades
In the most recent 13F filing, Sharper & Granite revealed that it had opened a new position in
Gilead Sciences and bought 7,386 shares worth $598 million.
This means they effectively own approximately 0.1% of the company.
Gilead Sciences makes up
100.0%
of the fund's Health Care sector allocation and has grown its share price by 3.3% in the past year.
The investment fund also strengthened its position in Wisdomtree Tr by buying
64,077 additional shares.
This makes their stake in Wisdomtree Tr total 528,947 shares worth $28.1 billion.
On the other hand, there are companies that Sharper & Granite is getting rid of from its portfolio.
Sharper & Granite closed its position in Wisdomtree Tr on 19th January 2024.
It sold the previously owned 11,590 shares for $619 million.
Christopher Casanega also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $25.2 billion and 151,247 shares.
One of the smaller hedge funds
The two most similar investment funds to Sharper & Granite are Strategic Value Partners and Pelion. They manage $190 billion and $190 billion respectively.
Christopher Casanega investment strategy
Sharper & Granite’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.0% of
the total portfolio value.
The fund focuses on investments in the United States as
29.4% 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
24% 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 $577 billion.
The complete list of Sharper & Granite trades based on 13F SEC filings
These positions were updated on January 19th 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 |
|---|---|---|---|
| Wisdomtree Tr |
13.78%
528,947
|
$28,071,310,000 | 14.75% |
| Select Sector Spdr Tr |
0.00%
361,546
|
$30,561,728,000 | 16.06% |
| Vanguard Index Fds |
0.41%
151,247
|
$25,201,087,000 | 13.24% |
| Vanguard World Fds |
1.90%
165,644
|
$29,809,801,000 | 15.66% |
| Vanguard Scottsdale Fds |
0.89%
69,275
|
$5,359,807,000 | 2.82% |
| Ishares Tr |
4.58%
405,918
|
$24,831,918,000 | 13.05% |
| Spdr Ser Tr |
12.58%
313,524
|
$11,606,854,000 | 6.10% |
| Vanguard Charlotte Fds |
1.51%
72,345
|
$3,571,311,000 | 1.88% |
| Apple Inc |
3.18%
16,415
|
$3,160,380,000 | 1.66% |
| Vanguard Intl Equity Index F |
2.00%
78,882
|
$4,932,385,000 | 2.59% |
| J P Morgan Exchange Traded F |
9.30%
52,015
|
$2,612,714,000 | 1.37% |
| Barclays Bank PLC |
4.74%
71,170
|
$2,162,856,000 | 1.14% |
| Vanguard Malvern Fds |
21.67%
42,820
|
$2,033,522,000 | 1.07% |
| Spdr Sp 500 Etf Tr |
30.18%
4,270
|
$2,029,574,000 | 1.07% |
| Ishares Inc |
0.97%
123,589
|
$3,840,288,000 | 2.02% |
| Invesco Exch Traded Fd Tr Ii |
10.69%
68,895
|
$1,420,615,000 | 0.75% |
| Spdr Dow Jones Indl Average |
0.27%
3,685
|
$1,388,766,000 | 0.73% |
| Meta Platforms Inc |
0.40%
2,496
|
$883,484,000 | 0.46% |
| Costco Whsl Corp New |
7.34%
1,272
|
$839,622,000 | 0.44% |
| Planet Fitness Inc |
No change
8,635
|
$630,355,000 | 0.33% |
| Gilead Sciences, Inc. |
Opened
7,386
|
$598,340,000 | 0.31% |
| Arista Networks Inc |
No change
2,304
|
$542,615,000 | 0.29% |
| Microsoft Corporation |
3.09%
1,409
|
$529,840,000 | 0.28% |
| Spdr Index Shs Fds |
3.22%
7,045
|
$479,905,000 | 0.25% |
| Ishares Tr |
Opened
19,555
|
$619,921,000 | 0.33% |
| Wisdomtree Tr |
Closed
11,590
|
$618,973,000 | |
| Spdr Ser Tr |
Opened
5,330
|
$391,115,000 | 0.21% |
| Vanguard Tax-managed Fds |
2.74%
7,120
|
$341,048,000 | 0.18% |
| Exxon Mobil Corp. |
1.88%
3,290
|
$328,934,000 | 0.17% |
| Public Storage |
0.46%
1,078
|
$328,790,000 | 0.17% |
| Ishares Gold Tr |
9.53%
7,700
|
$300,531,000 | 0.16% |
| Bank America Corp |
No change
7,330
|
$246,801,000 | 0.13% |
| Vanguard Star Fds |
Closed
4,399
|
$235,434,000 | |
| Central Vy Cmnty Bancorp |
No change
10,362
|
$231,591,000 | 0.12% |
| Goldman Sachs Group, Inc. |
Opened
600
|
$231,462,000 | 0.12% |
| Alphabet Inc |
14.29%
1,440
|
$202,939,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
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