Corundum Trust , Inc 13F annual report

Corundum Trust , Inc is an investment fund managing more than $34.4 billion ran by James Riswold. There are currently 55 companies in Mr. Riswold’s portfolio. The largest investments include 3M Co and Ishares Core S&p Small Cap Etf, together worth $7.71 billion.

Limited to 30 biggest holdings

$34.4 billion Assets Under Management (AUM)

As of 17th July 2024, Corundum Trust , Inc’s top holding is 40,667 shares of 3M Co currently worth over $4.16 billion and making up 12.1% of the portfolio value. Relative to the number of outstanding shares of 3M Co, Corundum Trust , Inc owns more than approximately 0.1% of the company. In addition, the fund holds 33,290 shares of Ishares Core S&p Small Cap Etf worth $3.55 billion. The third-largest holding is Microsoft worth $2.78 billion and the next is Apple Inc worth $2.38 billion, with 11,307 shares owned.

Currently, Corundum Trust , Inc's portfolio is worth at least $34.4 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 Corundum Trust , Inc

The Corundum Trust , Inc office and employees reside in Sioux Falls, South Dakota. According to the last 13-F report filed with the SEC, James Riswold serves as the President at Corundum Trust , Inc.

Recent trades

In the most recent 13F filing, Corundum Trust , Inc revealed that it had opened a new position in Solventum Corporation Common S and bought 10,116 shares worth $535 million.

The investment fund also strengthened its position in Ishares Core S&p Small Cap Etf by buying 1,800 additional shares. This makes their stake in Ishares Core S&p Small Cap Etf total 33,290 shares worth $3.55 billion.

On the other hand, there are companies that Corundum Trust , Inc is getting rid of from its portfolio. Corundum Trust , Inc closed its position in Johnson & Johnson Common Stock on 24th July 2024. It sold the previously owned 3,911 shares for $609 million. James Riswold also disclosed a decreased stake in 3M Co by approximately 0.1%. This leaves the value of the investment at $4.16 billion and 40,667 shares.

One of the smallest hedge funds

The two most similar investment funds to Corundum Trust , Inc are Opportunities Capital Management and Quaero Capital S.A.. They manage $34.4 billion and $34.7 billion respectively.


James Riswold investment strategy

Corundum Trust , Inc’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Industrials — making up 13.0% of the total portfolio value. The fund focuses on investments in the United States as 25.5% 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 1.8% of the portfolio. The average market cap of the portfolio companies is close to $384 billion.

The complete list of Corundum Trust , Inc trades based on 13F SEC filings

These positions were updated on July 24th 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
3M Co.
2.53%
40,667
$4,155,761,000 12.08%
Ishares Core S&p Small Cap Etf
5.72%
33,290
$3,550,711,000 10.33%
Microsoft Corporation
21.97%
6,219
$2,779,582,000 8.08%
Apple Inc
26.43%
11,307
$2,381,480,000 6.93%
iShares Select Dividend ETF
16.51%
19,014
$2,300,314,000 6.69%
Ishares Core S&p 500 Etf
12.18%
3,604
$1,972,217,000 5.74%
Ishares S&p Mid Cap 400 Growth
2.67%
22,184
$1,954,632,000 5.68%
Ishares S&p Mid Cap 400 Value
27.66%
13,584
$1,541,241,000 4.48%
Eli Lilly & Co
51.29%
1,338
$1,211,398,000 3.52%
Alphabet Inc Class C Capital S
7.23%
6,568
$1,204,703,000 3.50%
Ishares Msci Eafe Etf
23.81%
13,914
$1,089,884,000 3.17%
Spdr S&p 500 Etf Trust
12.95%
1,660
$903,405,000 2.63%
Unitedhealth Group Inc
29.18%
1,616
$822,964,000 2.39%
Johnson & Johnson Common Stock
Closed
3,911
$609,138,000
Solventum Corporation Common S
Opened
10,116
$534,934,000 1.56%
Filo Corp Com
Opened
28,850
$525,935,000 1.53%
JPMorgan Chase & Co.
36.13%
2,512
$508,077,000 1.48%
Mcdonalds Corp
Closed
1,910
$503,170,000
Kla Corporation Common Stock
Closed
1,000
$458,660,000
Vanguard Russell 3000 Etf
No change
1,892
$453,323,000 1.32%
Orogen Royalties Inc Com
Opened
500,000
$406,550,000 1.18%
Spdr S&p Dividend Etf
Closed
3,500
$402,535,000
Cisco Systems, Inc.
15.78%
7,827
$371,861,000 1.08%
SilverCrest Metals Inc
Opened
44,500
$362,675,000 1.05%
Abbvie Inc
Closed
2,362
$352,080,000
Skeena Resources Limited New C
Opened
65,250
$350,392,000 1.02%
Wesdome Gold Mines Ltd
Opened
43,000
$345,290,000 1.00%
Amazon.com Inc.
14.88%
1,727
$333,743,000 0.97%
Chevron Corp.
Closed
1,970
$332,181,000
MAG Silver Corp.
Opened
28,150
$328,510,000 0.96%
Target Corp
9.84%
2,209
$327,020,000 0.95%
Union Pacific Corp.
6.75%
1,382
$312,691,000 0.91%
Caterpillar Inc.
Closed
1,136
$310,128,000
Thermo Fisher Scientific Inc.
No change
500
$276,500,000 0.80%
Berkshire Hathaway Inc.
39.00%
671
$272,963,000 0.79%
Greatland Gold
Opened
3,000,000
$265,019,000 0.77%
UGI Corp.
Opened
11,373
$260,442,000 0.76%
Home Depot, Inc.
Closed
853
$257,742,000
Ishares Russell 2000 Etf
Closed
1,415
$250,087,000
Osisko Gold Royalties Ltd Com
Opened
16,000
$249,280,000 0.72%
Merck & Co Inc
30.09%
1,982
$245,372,000 0.71%
United Parcel Svc Inc Cl B
Closed
1,566
$244,092,000
Ishares Russell 1000 Etf
Closed
1,022
$240,078,000
Kimberly-Clark Corp.
Closed
1,979
$239,162,000
Vanguard Russell 1000 Value Et
Closed
3,350
$223,311,000
Walmart Inc Common Stock
Closed
1,386
$221,663,000
Citigroup Inc
Opened
3,315
$210,370,000 0.61%
Comcast Corp Cl A
Closed
4,744
$210,349,000
Ishares Msci Emerging Markets
Opened
4,810
$204,858,000 0.60%
Nthn Star Res Ltd Npv
Opened
18,500
$158,286,000 0.46%
Rupert Resources Ltd
Opened
53,500
$144,450,000 0.42%
Deep Yellow Limited Ordinary S
Opened
162,162
$142,476,000 0.41%
Chalice Mining Ltd Ordinary Sh
Opened
150,000
$138,000,000 0.40%
Vizsla Silver Corp Com No Par
Opened
60,250
$107,847,000 0.31%
Ngex Minerals Ltd Com
Opened
15,000
$88,800,000 0.26%
I-80 Gold Corp Common
Opened
72,000
$77,760,000 0.23%
Evolution Mining Ltd Us Listed
Opened
32,500
$74,425,000 0.22%
Fortuna Mining Corp Com
Opened
15,000
$73,350,000 0.21%
Aurion Resources Ltd
Opened
156,125
$66,322,000 0.19%
Solaris Res Inc Com New
Opened
23,000
$64,170,000 0.19%
Snowline Gold Corp Com
Opened
15,000
$58,740,000 0.17%
De Grey Mining Ltd Ordinary Sh
Opened
75,000
$56,737,000 0.16%
Gogold Resources Inc
Opened
42,500
$41,161,000 0.12%
Dakota Gold Corp Common Stock
Opened
15,000
$38,250,000 0.11%
Banyan Gold Corp Cl A
Opened
100,000
$17,000,000 0.05%
Bemetals Corp Com
Opened
136,567
$8,344,000 0.02%
Wolfden Res Corp Com
Opened
398,802
$6,740,000 0.02%
Firestone Ventures Inc Com New
Opened
250,000
$5,480,000 0.02%
Barksdale Resources Corp Com
Opened
50,000
$5,350,000 0.02%
Vizsla Royalties Corp Com
Opened
20,083
$0 0.00%
No transactions found
Showing first 500 out of 70 holdings