Locust Wood Capital Advisers 13F annual report

Locust Wood Capital Advisers is an investment fund managing more than $2.71 trillion ran by Paul Morris. There are currently 35 companies in Mr. Morris’s portfolio. The largest investments include Linde Plc and Taiwan Semiconductor Mfg Ltd, together worth $401 billion.

Limited to 30 biggest holdings

$2.71 trillion Assets Under Management (AUM)

As of 5th August 2024, Locust Wood Capital Advisers’s top holding is 457,243 shares of Linde Plc currently worth over $201 billion and making up 7.4% of the portfolio value. Relative to the number of outstanding shares of Linde Plc, Locust Wood Capital Advisers owns more than approximately 0.1% of the company. In addition, the fund holds 1,150,235 shares of Taiwan Semiconductor Mfg Ltd worth $200 billion. The third-largest holding is Elevance Health Inc worth $162 billion and the next is Vertiv Co worth $138 billion, with 1,592,736 shares owned.

Currently, Locust Wood Capital Advisers's portfolio is worth at least $2.71 trillion. 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 Locust Wood Capital Advisers

The Locust Wood Capital Advisers office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Paul Morris serves as the COO / CCO at Locust Wood Capital Advisers.

Recent trades

In the most recent 13F filing, Locust Wood Capital Advisers revealed that it had opened a new position in Coca Cola Cons Inc and bought 14,177 shares worth $15.4 billion.

The investment fund also strengthened its position in Linde Plc by buying 50,851 additional shares. This makes their stake in Linde Plc total 457,243 shares worth $201 billion. Linde Plc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Locust Wood Capital Advisers is getting rid of from its portfolio. Locust Wood Capital Advisers closed its position in Cnh Indl N V on 12th August 2024. It sold the previously owned 86,500 shares for $1.12 billion. Paul Morris also disclosed a decreased stake in Vertiv Co by 0.3%. This leaves the value of the investment at $138 billion and 1,592,736 shares.

One of the largest hedge funds

The two most similar investment funds to Locust Wood Capital Advisers are Perfromance Wealth Partners and Park National Corp oh/. They manage $2.71 trillion and $2.71 trillion respectively.

Paul Morris investment strategy

Locust Wood Capital Advisers’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 10.7% of the total portfolio value. The fund focuses on investments in the United States as 51.4% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 2.9% of the portfolio. The average market cap of the portfolio companies is close to $346 billion.

The complete list of Locust Wood Capital Advisers trades based on 13F SEC filings

These positions were updated on August 12th 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
Linde Plc.	12.51% 457,243	$200,642,726,000	7.41%
Taiwan Semiconductor Mfg Ltd	8.95% 1,150,235	$199,922,351,000	7.38%
Elevance Health Inc	3.31% 299,406	$162,235,891,000	5.99%
Vertiv Holdings Co	34.79% 1,592,736	$137,883,174,000	5.09%
Axalta Coating Sys Ltd	22.77% 3,926,533	$134,169,633,000	4.95%
Suncor Energy, Inc.	9.23% 3,368,939	$128,356,576,000	4.74%
Amazon.com Inc.	8.03% 619,778	$119,772,099,000	4.42%
Alphabet Inc	5.65% 610,354	$111,176,008,000	4.10%
PG&E Corp.	6.95% 6,338,024	$110,661,908,000	4.09%
Apollo Global Mgmt Inc	5.84% 918,539	$108,451,906,000	4.00%
Microsoft Corporation	6.71% 234,923	$104,998,848,000	3.88%
S&P Global Inc	5.88% 224,372	$100,069,974,000	3.69%
Abbott Labs	2.43% 956,453	$99,385,064,000	3.67%
Canadian Pacific Kansas City	0.41% 1,259,790	$99,183,255,000	3.66%
Ge Healthcare Technologies I	44.93% 1,124,299	$87,605,387,000	3.23%
Unitedhealth Group Inc	27.53% 166,809	$84,949,070,000	3.14%
Waste Mgmt Inc Del	5.34% 380,886	$81,258,298,000	3.00%
Apple Inc	37.71% 352,292	$74,199,680,000	2.74%
Element Solutions Inc	3.72% 2,720,318	$73,775,013,000	2.72%
Steris Plc	19.08% 334,526	$73,441,829,000	2.71%
Honeywell International Inc	5.89% 341,971	$73,024,481,000	2.70%
Salesforce Inc	19.02% 281,980	$72,497,073,000	2.68%
Visa Inc	6.03% 265,039	$69,564,897,000	2.57%
Caesars Entertainment Inc Ne	83.67% 1,580,045	$62,790,988,000	2.32%
Berkshire Hathaway Inc.	24.18% 106,383	$65,302,636,000	2.41%
RH	4.40% 95,447	$23,331,065,000	0.86%
Coca Cola Cons Inc	Opened 14,177	$15,382,045,000	0.57%
Nike, Inc.	Opened 169,600	$12,782,752,000	0.47%
JPMorgan Chase & Co.	79.19% 61,746	$12,488,746,000	0.46%
Select Sector Spdr Tr	121.16% 38,150	$4,649,341,000	0.17%
International Flavors&fragra	No change 14,000	$1,332,940,000	0.05%
Cnh Indl N V	Closed 86,500	$1,121,040,000
Watts Water Technologies, Inc.	Closed 5,150	$1,094,633,000
Vulcan Matls Co	Closed 4,000	$1,091,680,000
Trane Technologies plc	Opened 3,300	$1,085,469,000	0.04%
Fastenal Co.	Closed 14,000	$1,079,960,000
Lennox International Inc	Closed 2,200	$1,075,272,000
Owens Corning	Opened 6,080	$1,056,218,000	0.04%
Carlisle Cos Inc	Opened 2,575	$1,043,416,000	0.04%
HF Sinclair Corporation	No change 6,164	$328,788,000	0.01%
No transactions found
Showing first 500 out of 40 holdings