Mainsail Asset Management is an investment fund managing more than $126 billion ran by William Jr.. There are currently 39 companies in Mr. Jr.’s portfolio. The largest investments include Vanguard Index Fds and Cintas, together worth $89.4 billion.
As of 1st August 2024, Mainsail Asset Management’s top holding is 312,311 shares of Vanguard Index Fds currently worth over $70.8 billion and making up 56.1% of the portfolio value.
In addition, the fund holds 26,528 shares of Cintas worth $18.6 billion, whose value grew 19.9% in the past six months.
The third-largest holding is Apple Inc worth $4.22 billion and the next is Vanguard Specialized Funds worth $3.55 billion, with 19,471 shares owned.
Currently, Mainsail Asset Management's portfolio is worth at least $126 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.
The Mainsail Asset Management office and employees reside in Birmingham, Alabama. According to the last 13-F report filed with the SEC, William Jr. serves as the Chief Compliance Officer and Managing Member at Mainsail Asset Management.
In the most recent 13F filing, Mainsail Asset Management revealed that it had opened a new position in
Ishares Silver Tr and bought 15,000 shares worth $399 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
1,178 additional shares.
This makes their stake in Vanguard Index Fds total 312,311 shares worth $70.8 billion.
On the other hand, there are companies that Mainsail Asset Management is getting rid of from its portfolio.
Mainsail Asset Management closed its position in Lululemon Athletica inc on 8th August 2024.
It sold the previously owned 1,102 shares for $430 million.
William Jr. also disclosed a decreased stake in Cintas by approximately 0.1%.
This leaves the value of the investment at $18.6 billion and 26,528 shares.
The two most similar investment funds to Mainsail Asset Management are Priebe Wealth and Kiwi Wealth Investments Partnership. They manage $126 billion and $126 billion respectively.
Mainsail Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 14.7% of
the total portfolio value.
The fund focuses on investments in the United States as
53.8% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 2.6% of the portfolio.
The average market cap of the portfolio companies is close to $393 billion.
These positions were updated on August 8th 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 |
|---|---|---|---|
| Vanguard Index Fds |
0.38%
312,311
|
$70,823,090,000 | 56.12% |
| Cintas Corporation |
2.62%
26,528
|
$18,576,772,000 | 14.72% |
| Apple Inc |
0.04%
20,043
|
$4,221,520,000 | 3.35% |
| Vanguard Specialized Funds |
2.75%
19,471
|
$3,554,476,000 | 2.82% |
| Vanguard Whitehall Fds |
0.34%
28,878
|
$3,256,033,000 | 2.58% |
| Vanguard World Fd |
4.38%
21,211
|
$5,530,968,000 | 4.38% |
| Microsoft Corporation |
0.07%
5,557
|
$2,483,920,000 | 1.97% |
| Amazon.com Inc. |
6.64%
8,033
|
$1,552,377,000 | 1.23% |
| Alphabet Inc |
0.07%
5,824
|
$1,068,272,000 | 0.85% |
| Netflix Inc. |
28.49%
1,255
|
$846,974,000 | 0.67% |
| Ishares Tr |
3.77%
36,936
|
$1,860,012,000 | 1.47% |
| Vanguard Bd Index Fds |
1.74%
26,436
|
$1,563,629,000 | 1.24% |
| NVIDIA Corp |
932.63%
6,392
|
$789,721,000 | 0.63% |
| Alps Etf Tr |
No change
15,136
|
$726,223,000 | 0.58% |
| Tesla Inc |
No change
3,360
|
$664,877,000 | 0.53% |
| Conagra Brands Inc |
No change
21,492
|
$610,803,000 | 0.48% |
| The Southern Co. |
No change
7,632
|
$591,975,000 | 0.47% |
| Berkshire Hathaway Inc. |
No change
1,364
|
$554,875,000 | 0.44% |
| VanEck ETF Trust |
87.50%
15,000
|
$508,950,000 | 0.40% |
| Select Sector Spdr Tr |
No change
8,500
|
$884,875,000 | 0.70% |
| Oracle Corp. |
No change
3,300
|
$465,960,000 | 0.37% |
| Visa Inc |
No change
1,775
|
$465,884,000 | 0.37% |
| Lululemon Athletica inc. |
Closed
1,102
|
$430,496,000 | |
| Ishares Silver Tr |
Opened
15,000
|
$398,550,000 | 0.32% |
| Coeur Mng Inc |
Opened
67,500
|
$379,350,000 | 0.30% |
| Oreilly Automotive Inc |
No change
358
|
$378,069,000 | 0.30% |
| Palantir Technologies Inc. |
Opened
12,710
|
$321,944,000 | 0.26% |
| Lamb Weston Holdings Inc |
No change
3,582
|
$301,133,000 | 0.24% |
| Chevron Corp. |
No change
1,876
|
$293,444,000 | 0.23% |
| Jpmorgan Chase Co. |
No change
1,394
|
$281,950,000 | 0.22% |
| Johnson Johnson |
No change
1,921
|
$280,773,000 | 0.22% |
| Unitedhealth Group Inc |
No change
550
|
$280,093,000 | 0.22% |
| Vanguard Tax-managed Fds |
0.09%
5,376
|
$265,677,000 | 0.21% |
| SouthState Corporation |
0.62%
3,384
|
$258,634,000 | 0.20% |
| First Tr Exchange-traded Fd |
No change
4,966
|
$250,882,000 | 0.20% |
| Duke Energy Corp. |
No change
2,270
|
$227,522,000 | 0.18% |
| Montrose Environmental Group, Inc. |
Closed
5,532
|
$216,688,000 | |
| Vertex Pharmaceuticals, Inc. |
Opened
450
|
$210,888,000 | 0.17% |
| Regions Financial Corp. |
No change
10,490
|
$210,220,000 | 0.17% |
| Fastenal Co. |
Closed
2,700
|
$208,278,000 | |
| Lowes Cos Inc |
Closed
810
|
$206,331,000 | |
| Spdr Ser Tr |
Opened
2,516
|
$201,607,000 | 0.16% |
| Medical Pptys Trust Inc |
0.71%
13,993
|
$60,310,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||