Waycross Investment Management Co 13F annual report

Waycross Investment Management Co is an investment fund managing more than $104 billion ran by Luther Hodges. There are currently 41 companies in Mr. Hodges’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $36.2 billion.

Limited to 30 biggest holdings

$104 billion Assets Under Management (AUM)

As of 22nd July 2024, Waycross Investment Management Co’s top holding is 1,124,056 shares of Ishares Tr currently worth over $27.4 billion and making up 26.4% of the portfolio value. In addition, the fund holds 188,805 shares of Schwab Strategic Tr worth $8.84 billion. The third-largest holding is Dimensional Etf Trust worth $7.57 billion and the next is Spdr Ser Tr worth $4.64 billion, with 50,544 shares owned.

Currently, Waycross Investment Management Co's portfolio is worth at least $104 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 Waycross Investment Management Co

The Waycross Investment Management Co office and employees reside in Bellingham, Washington. According to the last 13-F report filed with the SEC, Luther Hodges serves as the Chief Compliance Officer at Waycross Investment Management Co.

Recent trades

In the most recent 13F filing, Waycross Investment Management Co revealed that it had opened a new position in Ishares Inc and bought 28,423 shares worth $1.19 billion.

The investment fund also strengthened its position in Ishares Tr by buying 102,338 additional shares. This makes their stake in Ishares Tr total 1,124,056 shares worth $27.4 billion.

On the other hand, there are companies that Waycross Investment Management Co is getting rid of from its portfolio. Waycross Investment Management Co closed its position in Ishares Tr on 29th July 2024. It sold the previously owned 40,407 shares for $4.56 billion. Luther Hodges also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%. This leaves the value of the investment at $8.84 billion and 188,805 shares.

One of the smallest hedge funds

The two most similar investment funds to Waycross Investment Management Co are Stage Harbor Financial and Plustick Management. They manage $104 billion and $103 billion respectively.

Luther Hodges investment strategy

Waycross Investment Management Co’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 8.9% of the total portfolio value. The fund focuses on investments in the United States as 41.5% 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 39% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $394 billion.

The complete list of Waycross Investment Management Co trades based on 13F SEC filings

These positions were updated on July 29th 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
Ishares Tr	10.02% 1,124,056	$27,357,718,000	26.41%
Schwab Strategic Tr	3.65% 188,805	$8,835,689,000	8.53%
Dimensional Etf Trust	2.15% 236,633	$7,569,898,000	7.31%
Spdr Ser Tr	0.08% 50,544	$4,638,928,000	4.48%
Vanguard Index Fds	0.39% 21,447	$4,818,168,000	4.65%
Spdr Sp 500 Etf Tr	7.16% 6,903	$3,756,751,000	3.63%
Microsoft Corporation	10.78% 7,575	$3,385,465,000	3.27%
Select Sector Spdr Tr	0.72% 57,312	$4,071,504,000	3.93%
Ishares Tr	Closed 40,407	$4,557,954,000
Ishares Inc	235.28% 44,954	$2,544,846,000	2.46%
Alphabet Inc	0.23% 12,821	$2,351,682,000	2.27%
Pacer Fds Tr	3.70% 41,823	$2,278,937,000	2.20%
Apple Inc	15.20% 10,763	$2,266,800,000	2.19%
Steel Dynamics Inc.	0.75% 16,209	$2,099,066,000	2.03%
Deere Co	0.07% 4,439	$1,658,544,000	1.60%
Home Depot, Inc.	Closed 4,175	$1,601,529,000
Danaher Corp.	0.99% 6,396	$1,598,041,000	1.54%
T-Mobile US Inc	3.29% 8,950	$1,576,811,000	1.52%
Boise Cascade Co	0.05% 13,094	$1,561,067,000	1.51%
Summit Matls Inc	1.01% 41,076	$1,503,792,000	1.45%
Adobe Inc	0.53% 2,680	$1,488,847,000	1.44%
Jabil Inc	13.81% 13,335	$1,450,715,000	1.40%
RTX Corp	1.34% 13,385	$1,343,720,000	1.30%
Graphic Packaging Hldg Co	0.69% 48,610	$1,274,068,000	1.23%
Ishares Inc	Opened 28,423	$1,194,334,000	1.15%
Jacobs Solutions Inc	3.30% 8,008	$1,118,798,000	1.08%
Newmont Corp	2.40% 24,790	$1,037,957,000	1.00%
Cisco Sys Inc	1.39% 21,345	$1,014,101,000	0.98%
Walmart Inc	1.36% 14,173	$959,637,000	0.93%
MercadoLibre Inc	1.80% 566	$930,164,000	0.90%
Ford Mtr Co Del	0.30% 71,395	$895,292,000	0.86%
Lear Corp.	Closed 5,957	$863,050,000
Travelers Companies Inc.	Closed 3,661	$842,543,000
PayPal Holdings Inc	0.62% 13,199	$765,938,000	0.74%
Canadian Natl Ry Co	0.70% 6,273	$741,029,000	0.72%
Levi Strauss Co New	2.56% 38,195	$736,400,000	0.71%
Canadian Pacific Kansas City	0.07% 9,339	$735,259,000	0.71%
Xylem Inc	1.81% 4,895	$663,909,000	0.64%
Invesco Exch Trd Slf Idx Fd	14.44% 28,020	$590,101,000	0.57%
Check Point Software Tech Lt	Closed 3,419	$560,750,000
Global X Fds	1.52% 19,035	$551,063,000	0.53%
Enphase Energy Inc	1.16% 5,128	$511,313,000	0.49%
Costco Whsl Corp New	No change 541	$460,113,000	0.44%
Invesco Exchange Traded Fd T	2.54% 3,921	$448,602,000	0.43%
Ishares U S Etf Tr	No change 7,855	$395,342,000	0.38%
Berkshire Hathaway Inc.	18.41% 966	$392,969,000	0.38%
Amazon.com Inc.	Closed 1,585	$285,902,000
No transactions found
Showing first 500 out of 47 holdings