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Gem Asset Management 13F annual report

Gem Asset Management is an investment fund managing more than $148 billion ran by Steve Alexandrowski. There are currently 45 companies in Mr. Alexandrowski’s portfolio. The largest investments include Sysco and Spdr S&p 500 Etf Tr, together worth $46.3 billion.

Limited to 30 biggest holdings

$148 billion Assets Under Management (AUM)

As of 23rd April 2024, Gem Asset Management’s top holding is 446,224 shares of Sysco currently worth over $33.7 billion and making up 22.7% of the portfolio value. Relative to the number of outstanding shares of Sysco, Gem Asset Management owns more than approximately 0.1% of the company. In addition, the fund holds 25,312 shares of Spdr S&p 500 Etf Tr worth $12.7 billion. The third-largest holding is Dimensional Etf Trust worth $46.8 billion and the next is Microsoft worth $4.42 billion, with 10,728 shares owned.

Currently, Gem Asset Management's portfolio is worth at least $148 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 Gem Asset Management

The Gem Asset Management office and employees reside in Plymouth, Michigan. According to the last 13-F report filed with the SEC, Steve Alexandrowski serves as the Partner at Gem Asset Management.

Recent trades

In the most recent 13F filing, Gem Asset Management revealed that it had opened a new position in Spdr Ser Tr and bought 15,460 shares worth $457 million.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 28,734 additional shares. This makes their stake in Dimensional Etf Trust total 1,265,934 shares worth $46.8 billion.

On the other hand, Steve Alexandrowski disclosed a decreased stake in Sysco by approximately 0.1%. This leaves the value of the investment at $33.7 billion and 446,224 shares.

One of the smallest hedge funds

The two most similar investment funds to Gem Asset Management are Pack Private Wealth and Oxinas Partners Wealth Management. They manage $148 billion and $148 billion respectively.


Steve Alexandrowski investment strategy

Gem Asset Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Staples — making up 22.7% of the total portfolio value. The fund focuses on investments in the United States as 48.9% 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 44% of the total holdings value. On the other hand, small-cap stocks make up only 4.4% of the portfolio. The average market cap of the portfolio companies is close to $354 billion.

The complete list of Gem Asset Management trades based on 13F SEC filings

These positions were updated on April 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
Sysco Corp.
3.45%
446,224
$33,663,160,000 22.69%
Spdr S&p 500 Etf Tr
3.62%
25,312
$12,669,836,000 8.54%
Dimensional Etf Trust
2.32%
1,265,934
$46,781,015,000 31.54%
Microsoft Corporation
1.37%
10,728
$4,418,034,000 2.98%
Ishares Tr
21.55%
190,663
$15,555,648,000 10.49%
American Centy Etf Tr
1.51%
104,141
$5,904,598,000 3.98%
Apple Inc
0.50%
18,774
$3,153,959,000 2.13%
Vanguard Index Fds
2.88%
20,198
$5,331,589,000 3.59%
Vanguard Scottsdale Fds
2.44%
32,078
$2,646,268,000 1.78%
Amazon.com Inc.
8.74%
9,391
$1,702,400,000 1.15%
Alphabet Inc
0.83%
9,119
$1,417,731,000 0.96%
Spdr S&p Midcap 400 Etf Tr
No change
2,724
$1,408,791,000 0.95%
Parsons Corp
No change
17,000
$1,335,520,000 0.90%
Visa Inc
1.38%
3,751
$1,022,860,000 0.69%
Eli Lilly & Co
No change
1,058
$794,033,000 0.54%
Abbvie Inc
0.06%
4,621
$758,949,000 0.51%
Aflac Inc.
No change
6,786
$544,644,000 0.37%
Pepsico Inc
No change
3,000
$508,440,000 0.34%
Oracle Corp.
No change
4,066
$482,512,000 0.33%
Spdr Ser Tr
Opened
15,460
$456,688,000 0.31%
Vanguard Tax-managed Fds
1.79%
9,178
$439,425,000 0.30%
Fortinet Inc
No change
6,525
$421,907,000 0.28%
Spdr Ser Tr
10.60%
12,985
$649,111,000 0.44%
Huntington Bancshares, Inc.
0.00%
30,385
$399,557,000 0.27%
Johnson & Johnson
0.07%
2,726
$394,666,000 0.27%
J P Morgan Exchange Traded F
18.80%
7,600
$382,584,000 0.26%
Abbott Labs
No change
3,612
$382,511,000 0.26%
DTE Energy Co.
No change
3,625
$381,592,000 0.26%
Ameren Corp.
No change
4,946
$355,766,000 0.24%
Graco Inc.
No change
3,974
$351,421,000 0.24%
Mcdonalds Corp
0.08%
1,294
$349,196,000 0.24%
Chevron Corp.
No change
2,228
$348,459,000 0.23%
Cisco Sys Inc
0.24%
7,140
$341,238,000 0.23%
NVIDIA Corp
Opened
357
$300,005,000 0.20%
Smith A O Corp
25.58%
3,284
$283,935,000 0.19%
Schwab Strategic Tr
0.04%
4,561
$270,578,000 0.18%
The Southern Co.
No change
3,830
$267,334,000 0.18%
Nordson Corp.
0.10%
1,022
$266,516,000 0.18%
Invesco Exchange Traded Fd T
Opened
1,641
$261,510,000 0.18%
Caterpillar Inc.
Opened
648
$232,135,000 0.16%
Vanguard Whitehall Fds
3.45%
3,595
$223,537,000 0.15%
Direxion Shs Etf Tr
Opened
5,468
$217,408,000 0.15%
Unitedhealth Group Inc
No change
434
$207,882,000 0.14%
Solid Power Inc
Opened
29,400
$46,746,000 0.03%
Mesa Air Group Inc.
Opened
10,794
$8,716,000 0.01%
No transactions found
Showing first 500 out of 45 holdings

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