Prosperity 13F annual report

Prosperity is an investment fund managing more than $160 billion ran by Elliot Kallen. There are currently 112 companies in Mr. Kallen’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $17.8 billion.

$160 billion Assets Under Management (AUM)

As of 8th May 2024, Prosperity’s top holding is 60,230 shares of Apple Inc currently worth over $10.3 billion and making up 6.4% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Prosperity owns more than approximately 0.1% of the company. In addition, the fund holds 17,794 shares of Microsoft worth $7.49 billion, whose value grew 12.7% in the past six months. The third-largest holding is First Tr Exchange-traded Fd worth $5.38 billion and the next is Spdr Ser Tr worth $7.06 billion, with 82,150 shares owned.

Currently, Prosperity's portfolio is worth at least $160 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 Prosperity

The Prosperity office and employees reside in San Ramon, California. According to the last 13-F report filed with the SEC, Elliot Kallen serves as the Chief Compliance Officer at Prosperity.

Recent trades

In the most recent 13F filing, Prosperity revealed that it had opened a new position in First Tr Exchange-traded Fd and bought 111,555 shares worth $5.38 billion.

The investment fund also strengthened its position in Apple Inc by buying 1,866 additional shares. This makes their stake in Apple Inc total 60,230 shares worth $10.3 billion. Apple Inc soared 8.9% in the past year.

On the other hand, there are companies that Prosperity is getting rid of from its portfolio. Prosperity closed its position in Capital Group Core Equity Et on 15th May 2024. It sold the previously owned 62,849 shares for $1.78 billion. Elliot Kallen also disclosed a decreased stake in Putnam ETF Trust by 0.1%. This leaves the value of the investment at $10.7 billion and 312,424 shares.

One of the smallest hedge funds

The two most similar investment funds to Prosperity are Parus Finance (uk) Ltd and Emory University. They manage $160 billion and $160 billion respectively.


Elliot Kallen investment strategy

Prosperity’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 14.0% of the total portfolio value. The fund focuses on investments in the United States as 46.4% 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 41% of the total holdings value. On the other hand, small-cap stocks make up only 3.6% of the portfolio. The average market cap of the portfolio companies is close to $229 billion.

The complete list of Prosperity trades based on 13F SEC filings

These positions were updated on May 15th 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
Apple Inc
3.20%
60,230
$10,328,225,000 6.44%
Microsoft Corporation
6.83%
17,794
$7,486,359,000 4.67%
First Tr Exchange-traded Fd
Opened
111,555
$5,382,545,000 3.35%
Spdr Ser Tr
0.25%
82,150
$7,064,670,000 4.40%
First Tr Exchng Traded Fd Vi
42.56%
289,460
$8,177,903,000 5.10%
Putnam ETF Trust
12.25%
312,424
$10,687,622,000 6.66%
Global X Fds
27.32%
181,981
$6,188,511,000 3.86%
First Tr Exchange Traded Fd
39.68%
108,736
$6,352,910,000 3.96%
NVIDIA Corp
16.91%
4,363
$3,942,266,000 2.46%
American Centy Etf Tr
90.47%
135,637
$9,918,587,000 6.18%
Proshares Tr
Opened
71,300
$3,051,640,000 1.90%
Grayscale Bitcoin Tr Btc
Opened
45,733
$2,888,954,000 1.80%
Ishares Tr
141.98%
83,195
$6,104,621,000 3.80%
Amazon.com Inc.
0.95%
14,572
$2,628,498,000 1.64%
Alphabet Inc
1.93%
21,987
$3,326,853,000 2.07%
J P Morgan Exchange Traded F
40.20%
82,369
$4,613,842,000 2.88%
First Tr Exchange-traded Fd
67.14%
182,548
$7,830,210,000 4.88%
Costco Whsl Corp New
4.01%
2,980
$2,183,340,000 1.36%
Proshares Tr
22.22%
40,738
$3,096,072,000 1.93%
Capital Group Core Equity Et
Closed
62,849
$1,778,627,000
Home Depot, Inc.
10.61%
4,474
$1,716,290,000 1.07%
Spdr S&p 500 Etf Tr
0.59%
2,885
$1,509,057,000 0.94%
Meta Platforms Inc
5.75%
2,869
$1,393,218,000 0.87%
Accenture Plc Ireland
3.24%
3,891
$1,348,660,000 0.84%
Eli Lilly & Co
12.80%
1,719
$1,337,546,000 0.83%
Visa Inc
11.36%
4,744
$1,324,019,000 0.83%
Fidelity Merrimack Str Tr
192.19%
27,305
$1,237,170,000 0.77%
Marsh & McLennan Cos., Inc.
1.13%
5,705
$1,175,116,000 0.73%
JPMorgan Chase & Co.
59.86%
5,763
$1,154,393,000 0.72%
Franklin Templeton Etf Tr
Opened
33,804
$1,147,308,000 0.72%
Broadcom Inc.
8.72%
860
$1,140,011,000 0.71%
Strategy Shs
No change
27,543
$1,059,009,000 0.66%
Palantir Technologies Inc.
0.58%
44,455
$1,022,910,000 0.64%
Unitedhealth Group Inc
6.47%
1,992
$985,562,000 0.61%
Proshares Tr
Closed
13,480
$937,935,000
Abbvie Inc
12.86%
5,012
$912,724,000 0.57%
Tesla Inc
18.60%
4,629
$813,732,000 0.51%
Goldman Sachs Etf Tr
Opened
7,187
$745,939,000 0.46%
KLA Corp.
7.06%
1,061
$741,183,000 0.46%
Zoetis Inc
2.19%
4,336
$733,767,000 0.46%
Berkshire Hathaway Inc.
7.90%
1,708
$718,248,000 0.45%
Ferrari N.V.
4.01%
1,556
$678,323,000 0.42%
Procter And Gamble Co
19.14%
4,114
$667,503,000 0.42%
Walmart Inc
514.71%
11,077
$666,504,000 0.42%
Royal Caribbean Group
4.52%
4,742
$659,185,000 0.41%
Advisors Inner Circle Fd Iii
Closed
26,342
$649,451,000
Johnson & Johnson
9.25%
4,085
$646,228,000 0.40%
Caterpillar Inc.
7.92%
1,704
$624,397,000 0.39%
Disney Walt Co
0.32%
5,046
$617,481,000 0.38%
Chevron Corp.
1.94%
3,883
$612,500,000 0.38%
First Tr Exchng Traded Fd Vi
Opened
30,030
$884,344,000 0.55%
Mastercard Incorporated
4.17%
1,198
$577,047,000 0.36%
Advanced Micro Devices Inc.
6.35%
3,150
$568,544,000 0.35%
Capital Grp Fixed Incm Etf T
13.14%
25,070
$563,065,000 0.35%
Republic Svcs Inc
10.84%
2,924
$559,853,000 0.35%
Vanguard Index Fds
8.43%
6,364
$1,450,219,000 0.90%
Gladstone Invt Corp
0.67%
36,800
$523,664,000 0.33%
Exchange Traded Concepts Tru
Opened
36,140
$518,609,000 0.32%
Lululemon Athletica inc.
2.08%
1,325
$517,611,000 0.32%
Invesco Exchange Traded Fd T
0.02%
5,158
$509,528,000 0.32%
MGM Resorts International
9.27%
10,288
$485,696,000 0.30%
Spdr Gold Tr
13.15%
2,319
$477,065,000 0.30%
Samsara Inc.
Opened
12,566
$474,869,000 0.30%
Invesco Exchange Traded Fd T
Opened
4,672
$474,535,000 0.30%
The Southern Co.
12.23%
6,542
$469,315,000 0.29%
Merck & Co Inc
5.18%
3,410
$449,916,000 0.28%
ServiceNow Inc
5.91%
573
$436,855,000 0.27%
Spdr Index Shs Fds
42.27%
12,025
$430,976,000 0.27%
Pgim Etf Tr
Closed
8,509
$420,265,000
Select Sector Spdr Tr
16.85%
4,403
$415,687,000 0.26%
S&P Global Inc
11.76%
969
$412,261,000 0.26%
Elevance Health Inc
4.54%
737
$382,164,000 0.24%
Textron Inc.
4.69%
3,815
$365,973,000 0.23%
Dexcom Inc
0.91%
2,564
$355,627,000 0.22%
Cisco Sys Inc
8.88%
7,124
$355,566,000 0.22%
Adobe Inc
6.21%
684
$345,146,000 0.22%
Intuitive Surgical Inc
9.10%
827
$330,047,000 0.21%
Deere & Co.
3.89%
802
$329,310,000 0.21%
Salesforce Inc
10.37%
1,064
$320,456,000 0.20%
Ishares Tr
Closed
3,830
$314,236,000
Lam Research Corp.
4.56%
321
$311,874,000 0.19%
International Business Machs
0.62%
1,624
$310,025,000 0.19%
HubSpot Inc
6.26%
492
$308,268,000 0.19%
KBR Inc
8.73%
4,783
$304,486,000 0.19%
First Tr Exchange Traded Fd
Opened
2,649
$303,602,000 0.19%
Abbott Labs
9.62%
2,667
$303,123,000 0.19%
Eaton Corp Plc
Opened
944
$295,170,000 0.18%
Innovator ETFs Trust
No change
8,009
$289,138,000 0.18%
Dominos Pizza Inc
9.07%
577
$286,700,000 0.18%
Vanguard World Fd
0.68%
1,477
$276,007,000 0.17%
Workday Inc
6.17%
981
$267,568,000 0.17%
Pfizer Inc.
25.37%
9,232
$256,179,000 0.16%
Transdigm Group Incorporated
Opened
207
$254,941,000 0.16%
Spdr Ser Tr
Opened
2,738
$251,348,000 0.16%
Exxon Mobil Corp.
1.04%
2,129
$247,477,000 0.15%
Allegro Microsystems Inc
7.97%
8,999
$242,613,000 0.15%
Cleanspark Inc
No change
11,385
$241,476,000 0.15%
Spdr Index Shs Fds
Closed
6,697
$237,141,000
Boeing Co.
Closed
908
$236,679,000
Martin Marietta Matls Inc
Opened
385
$236,367,000 0.15%
First Tr Exchange Traded Fd
Closed
2,174
$225,124,000
Pepsico Inc
Opened
1,254
$219,509,000 0.14%
Emcor Group, Inc.
Opened
622
$217,824,000 0.14%
Dollar Gen Corp New
Opened
1,379
$215,207,000 0.13%
Sterling Infrastructure Inc
Opened
1,927
$212,567,000 0.13%
CMS Energy Corporation
6.63%
3,519
$212,358,000 0.13%
Innovator ETFs Trust
Opened
5,367
$209,903,000 0.13%
Lantheus Holdings Inc
Opened
3,333
$207,446,000 0.13%
Shopify Inc
No change
2,680
$206,816,000 0.13%
Parker-Hannifin Corp.
Opened
370
$205,642,000 0.13%
Alps Etf Tr
Opened
4,160
$205,546,000 0.13%
Virtus Convertible & Income
7.65%
55,443
$185,180,000 0.12%
Energy Transfer L P
1.44%
10,550
$165,952,000 0.10%
Heartcore Enterprises Inc
No change
109,000
$105,185,000 0.07%
Medical Pptys Trust Inc
31.09%
20,741
$97,481,000 0.06%
Lexicon Pharmaceuticals Inc
No change
31,500
$75,600,000 0.05%
Templeton Emerging Mkts Inco
Closed
11,597
$59,143,000
Fisker Inc.
Closed
17,200
$30,100,000
Lulus Fashion Lounge Holding
No change
19,429
$27,201,000 0.02%
Sellas Life Sciences Group I
Opened
25,385
$25,639,000 0.02%
Safety Shot Inc
No change
10,000
$23,900,000 0.01%
Comstock Inc
25.36%
41,200
$14,989,000 0.01%
No transactions found
Showing first 500 out of 122 holdings