Northern Advisors Inc 13F annual report
Northern Advisors Inc is an investment fund managing more than $117 billion ran by David Lentz. There are currently 111 companies in Mr. Lentz’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Spdr Dow Jones Indl Average, together worth $17.5 billion.
$117 billion Assets Under Management (AUM)
As of 30th January 2024, Northern Advisors Inc’s top holding is 24,559 shares of Spdr Sp 500 Etf Tr currently worth over $11.7 billion and making up 10.0% of the portfolio value.
In addition, the fund holds 15,529 shares of Spdr Dow Jones Indl Average worth $5.85 billion.
The third-largest holding is Apple Inc worth $4.39 billion and the next is NVR worth $3.95 billion, with 564 shares owned.
Currently, Northern Advisors Inc's portfolio is worth at least $117 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 Northern Advisors Inc
The Northern Advisors Inc office and employees reside in Bloomfield Hills, Michigan. According to the last 13-F report filed with the SEC, David Lentz serves as the Chief Compliance Officer at Northern Advisors Inc.
Recent trades
In the most recent 13F filing, Northern Advisors Inc revealed that it had opened a new position in
3M Co and bought 9,119 shares worth $997 million.
This means they effectively own approximately 0.1% of the company.
3M Co makes up
10.7%
of the fund's Industrials sector allocation and has decreased its share price by 20.4% in the past year.
The investment fund also strengthened its position in Microsoft by buying
186 additional shares.
This makes their stake in Microsoft total 8,977 shares worth $3.38 billion.
Microsoft soared 58.0% in the past year.
On the other hand, there are companies that Northern Advisors Inc is getting rid of from its portfolio.
Northern Advisors Inc closed its position in Pfizer on 6th February 2024.
It sold the previously owned 19,949 shares for $732 million.
David Lentz also disclosed a decreased stake in Spdr Sp 500 Etf Tr by 0.2%.
This leaves the value of the investment at $11.7 billion and 24,559 shares.
One of the smallest hedge funds
The two most similar investment funds to Northern Advisors Inc are Sfi Advisors and Thompson Davis & Co., Inc. They manage $117 billion and $117 billion respectively.
David Lentz investment strategy
Northern Advisors Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 14.1% of
the total portfolio value.
The fund focuses on investments in the United States as
60.4% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 4.5% of the portfolio.
The average market cap of the portfolio companies is close to $207 billion.
The complete list of Northern Advisors Inc trades based on 13F SEC filings
These positions were updated on February 6th 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 |
|---|---|---|---|
| Spdr Sp 500 Etf Tr |
16.25%
24,559
|
$11,673,170,000 | 9.98% |
| Spdr Dow Jones Indl Average |
12.94%
15,529
|
$5,852,530,000 | 5.00% |
| Apple Inc |
35.88%
22,792
|
$4,388,150,000 | 3.75% |
| NVR Inc. |
29.76%
564
|
$3,948,254,000 | 3.37% |
| Microsoft Corporation |
2.12%
8,977
|
$3,375,711,000 | 2.89% |
| Merck Co Inc |
3.97%
21,106
|
$2,300,962,000 | 1.97% |
| Broadcom Inc. |
1.87%
2,052
|
$2,290,545,000 | 1.96% |
| Netflix Inc. |
6.31%
4,690
|
$2,283,467,000 | 1.95% |
| Exxon Mobil Corp. |
4.41%
22,009
|
$2,200,483,000 | 1.88% |
| Unitedhealth Group Inc |
7.54%
3,636
|
$1,914,245,000 | 1.64% |
| Jpmorgan Chase Co |
21.21%
11,122
|
$1,891,851,000 | 1.62% |
| Walmart Inc |
16.97%
11,171
|
$1,761,108,000 | 1.51% |
| American Express Co. |
0.72%
9,138
|
$1,711,913,000 | 1.46% |
| Visa Inc |
7.14%
6,557
|
$1,707,112,000 | 1.46% |
| Procter And Gamble Co |
22.25%
11,330
|
$1,660,298,000 | 1.42% |
| Honeywell International Inc |
1.99%
7,699
|
$1,614,479,000 | 1.38% |
| Caterpillar Inc. |
5.48%
5,196
|
$1,536,394,000 | 1.31% |
| ServiceNow Inc |
0.09%
2,165
|
$1,529,551,000 | 1.31% |
| AMGEN Inc. |
98.12%
5,258
|
$1,514,442,000 | 1.29% |
| Nike, Inc. |
51.73%
13,833
|
$1,501,849,000 | 1.28% |
| Eli Lilly Co |
56.56%
2,483
|
$1,447,390,000 | 1.24% |
| Goldman Sachs Group, Inc. |
14.50%
3,743
|
$1,443,937,000 | 1.23% |
| Oracle Corp. |
8.06%
12,863
|
$1,356,133,000 | 1.16% |
| Intel Corp. |
191.69%
26,485
|
$1,330,884,000 | 1.14% |
| CVS Health Corp |
1.08%
16,738
|
$1,321,667,000 | 1.13% |
| Travelers Companies Inc. |
6.27%
6,624
|
$1,261,806,000 | 1.08% |
| International Business Machs |
22.06%
7,319
|
$1,197,010,000 | 1.02% |
| Home Depot, Inc. |
6.02%
3,436
|
$1,190,746,000 | 1.02% |
| Coca-Cola Co |
4.09%
19,978
|
$1,177,296,000 | 1.01% |
| Cisco Sys Inc |
3.40%
22,448
|
$1,134,088,000 | 0.97% |
| T-Mobile US, Inc. |
48.11%
7,059
|
$1,131,769,000 | 0.97% |
| Mcdonalds Corp |
11.20%
3,799
|
$1,126,441,000 | 0.96% |
| Lowes Cos Inc |
0.64%
5,049
|
$1,123,683,000 | 0.96% |
| Eaton Corp Plc |
3.26%
4,538
|
$1,092,841,000 | 0.93% |
| Mastercard Incorporated |
1.49%
2,517
|
$1,073,526,000 | 0.92% |
| Pepsico Inc |
13.29%
6,316
|
$1,072,709,000 | 0.92% |
| Costco Whsl Corp New |
5.03%
1,604
|
$1,058,752,000 | 0.90% |
| NVIDIA Corp |
8.04%
2,082
|
$1,031,193,000 | 0.88% |
| Meta Platforms Inc |
3.74%
2,909
|
$1,029,722,000 | 0.88% |
| DuPont de Nemours Inc |
16.84%
13,168
|
$1,013,014,000 | 0.87% |
| 3M Co. |
Opened
9,119
|
$996,889,000 | 0.85% |
| Lockheed Martin Corp. |
156.58%
2,086
|
$945,459,000 | 0.81% |
| Johnson Johnson |
6.94%
5,952
|
$932,988,000 | 0.80% |
| Sap SE |
3.18%
5,940
|
$918,265,000 | 0.78% |
| Capri Holdings Limited |
3.91%
18,252
|
$916,980,000 | 0.78% |
| General Dynamics Corp. |
0.46%
3,478
|
$903,221,000 | 0.77% |
| Enterprise Prods Partners L |
6.80%
34,224
|
$901,802,000 | 0.77% |
| Intuit Inc |
1.68%
1,408
|
$880,042,000 | 0.75% |
| Schlumberger Ltd. |
5.47%
16,859
|
$877,342,000 | 0.75% |
| Chevron Corp. |
1.32%
5,696
|
$849,616,000 | 0.73% |
| Texas Instrs Inc |
41.77%
4,593
|
$782,923,000 | 0.67% |
| Boeing Co. |
43.50%
2,936
|
$765,380,000 | 0.65% |
| Progressive Corp. |
0.15%
4,801
|
$764,703,000 | 0.65% |
| Thermo Fisher Scientific Inc. |
19.46%
1,407
|
$746,822,000 | 0.64% |
| Illinois Tool Wks Inc |
4.37%
2,797
|
$732,646,000 | 0.63% |
| Pfizer Inc. |
Closed
19,949
|
$731,715,000 | |
| Starbucks Corp. |
23.13%
7,544
|
$724,333,000 | 0.62% |
| Capital One Finl Corp |
No change
5,447
|
$714,211,000 | 0.61% |
| Elevance Health Inc |
0.55%
1,466
|
$691,307,000 | 0.59% |
| Chipotle Mexican Grill |
0.33%
298
|
$681,514,000 | 0.58% |
| Blackrock Inc. |
41.36%
834
|
$677,041,000 | 0.58% |
| Bristol-Myers Squibb Co. |
Closed
10,397
|
$664,917,000 | |
| Northrop Grumman Corp. |
2.80%
1,286
|
$602,028,000 | 0.51% |
| Sherwin-Williams Co. |
3.23%
1,915
|
$597,289,000 | 0.51% |
| Transdigm Group Incorporated |
0.17%
580
|
$586,728,000 | 0.50% |
| Colgate-Palmolive Co. |
10.09%
7,284
|
$580,608,000 | 0.50% |
| Accenture Plc Ireland |
4.04%
1,614
|
$566,369,000 | 0.48% |
| Abbvie Inc |
7.27%
3,595
|
$557,147,000 | 0.48% |
| Bank America Corp |
18.48%
16,083
|
$541,509,000 | 0.46% |
| Salesforce Inc |
10.92%
2,041
|
$537,069,000 | 0.46% |
| Att Inc |
9.12%
31,288
|
$525,006,000 | 0.45% |
| Danaher Corp. |
37.88%
2,263
|
$523,522,000 | 0.45% |
| Yum Brands Inc. |
20.30%
3,995
|
$521,987,000 | 0.45% |
| MetLife, Inc. |
2.39%
7,801
|
$515,880,000 | 0.44% |
| Adobe Inc |
3.61%
860
|
$513,076,000 | 0.44% |
| Morgan Stanley |
26.58%
5,308
|
$494,971,000 | 0.42% |
| Schwab Strategic Tr |
Opened
8,630
|
$486,732,000 | 0.42% |
| Deere Co |
6.10%
1,166
|
$466,248,000 | 0.40% |
| Target Corp |
37.51%
3,248
|
$462,580,000 | 0.40% |
| RTX Corp |
59.50%
5,374
|
$452,168,000 | 0.39% |
| Air Prods Chems Inc |
2.27%
1,595
|
$436,711,000 | 0.37% |
| Qualcomm, Inc. |
22.35%
3,000
|
$433,942,000 | 0.37% |
| Linde Plc. |
3.43%
1,055
|
$433,299,000 | 0.37% |
| Cummins Inc. |
No change
1,640
|
$392,895,000 | 0.34% |
| DTE Energy Co. |
32.00%
3,560
|
$392,490,000 | 0.34% |
| Abbott Labs |
15.09%
3,403
|
$374,568,000 | 0.32% |
| Dell Technologies Inc |
5.89%
4,892
|
$374,238,000 | 0.32% |
| Verizon Communications Inc |
18.31%
9,918
|
$373,909,000 | 0.32% |
| V F Corp |
Closed
19,156
|
$365,688,000 | |
| Walgreens Boots Alliance Inc |
Opened
13,714
|
$358,073,000 | 0.31% |
| Ishares Tr |
14.28%
4,677
|
$795,397,000 | 0.68% |
| Chubb Limited |
26.90%
1,486
|
$335,836,000 | 0.29% |
| Gilead Sciences, Inc. |
12.36%
4,008
|
$324,691,000 | 0.28% |
| Dow Inc |
1.84%
5,870
|
$321,911,000 | 0.28% |
| Micron Technology Inc. |
No change
3,769
|
$321,646,000 | 0.27% |
| Keurig Dr Pepper Inc |
Opened
9,634
|
$321,005,000 | 0.27% |
| Charter Communications Inc N |
2.73%
820
|
$318,718,000 | 0.27% |
| Disney Walt Co |
Opened
3,515
|
$317,369,000 | 0.27% |
| Pnc Finl Svcs Group Inc |
13.65%
2,006
|
$310,583,000 | 0.27% |
| Alphabet Inc |
7.25%
2,189
|
$308,496,000 | 0.26% |
| Citigroup Inc |
7.87%
5,997
|
$308,486,000 | 0.26% |
| Eastman Chem Co |
No change
3,311
|
$297,394,000 | 0.25% |
| Amazon.com Inc. |
16.82%
1,868
|
$283,824,000 | 0.24% |
| Us Bancorp Del |
Opened
6,292
|
$272,318,000 | 0.23% |
| Parker-Hannifin Corp. |
1.50%
590
|
$271,813,000 | 0.23% |
| Alphabet Inc |
Closed
2,269
|
$271,599,000 | |
| Avery Dennison Corp. |
0.08%
1,305
|
$263,819,000 | 0.23% |
| Comcast Corp New |
Closed
6,189
|
$257,139,000 | |
| Dimensional Etf Trust |
17.89%
4,728
|
$245,030,000 | 0.21% |
| Dbx Etf Tr |
4.66%
6,576
|
$243,188,000 | 0.21% |
| Suncor Energy, Inc. |
24.14%
7,308
|
$234,148,000 | 0.20% |
| Advanced Micro Devices Inc. |
Opened
1,582
|
$233,203,000 | 0.20% |
| Dimensional Etf Trust |
Opened
4,293
|
$224,653,000 | 0.19% |
| Conocophillips |
Opened
1,910
|
$221,694,000 | 0.19% |
| Spdr Ser Tr |
Opened
5,701
|
$221,239,000 | 0.19% |
| Berkshire Hathaway Inc. |
63.57%
616
|
$219,703,000 | 0.19% |
| Truist Finl Corp |
Closed
7,087
|
$215,090,000 | |
| Ford Mtr Co Del |
Closed
11,655
|
$160,183,000 | |
| Nokia Corp |
Closed
20,531
|
$85,409,000 | |
| No transactions found | |||
| Showing first 500 out of 119 holdings | |||
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