Lee Hawaii 13F annual report
Lee Hawaii is an investment fund managing more than $117 billion ran by Terrence Lee. There are currently 27 companies in Mr. Lee’s portfolio. The largest investments include Vanguard Index Fds and Pacer Fds Tr, together worth $74 billion.
$117 billion Assets Under Management (AUM)
As of 16th January 2024, Lee Hawaii’s top holding is 78,522 shares of Vanguard Index Fds currently worth over $33 billion and making up 28.1% of the portfolio value.
In addition, the fund holds 930,064 shares of Pacer Fds Tr worth $41 billion.
The third-largest holding is Pimco Etf Tr worth $6.02 billion and the next is Spdr Ser Tr worth $5.99 billion, with 44,198 shares owned.
Currently, Lee Hawaii's portfolio is worth at least $117 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 Lee Hawaii
The Lee Hawaii office and employees reside in Honolulu, Hawaii. According to the last 13-F report filed with the SEC, Terrence Lee serves as the President and CEO at Lee Hawaii.
Recent trades
In the most recent 13F filing, Lee Hawaii revealed that it had opened a new position in
First Tr Exchange-traded Fd and bought 11,104 shares worth $574 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
675 additional shares.
This makes their stake in Vanguard Index Fds total 78,522 shares worth $33 billion.
On the other hand, there are companies that Lee Hawaii is getting rid of from its portfolio.
Lee Hawaii closed its position in Wisdomtree Tr on 23rd January 2024.
It sold the previously owned 38,782 shares for $1.5 billion.
Terrence Lee also disclosed a decreased stake in Pacer Fds Tr by approximately 0.1%.
This leaves the value of the investment at $41 billion and 930,064 shares.
One of the smallest hedge funds
The two most similar investment funds to Lee Hawaii are Birchview Capital, L.P. and Veristar Capital Management L.P.. They manage $117 billion and $117 billion respectively.
Terrence Lee investment strategy
Lee Hawaii’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 1.1% of
the total portfolio value.
The fund focuses on investments in the United States as
37.0% 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
33% 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 $496 billion.
The complete list of Lee Hawaii trades based on 13F SEC filings
These positions were updated on January 23rd 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 |
0.87%
78,522
|
$32,977,095,000 | 28.08% |
| Pacer Fds Tr |
1.13%
930,064
|
$40,977,210,000 | 34.89% |
| Pimco Etf Tr |
0.37%
65,069
|
$6,015,606,000 | 5.12% |
| Spdr Ser Tr |
1.05%
44,198
|
$5,985,314,000 | 5.10% |
| First Tr Exchng Traded Fd Vi |
0.46%
234,906
|
$5,811,574,000 | 4.95% |
| J P Morgan Exchange Traded F |
1.28%
178,868
|
$7,471,109,000 | 6.36% |
| Global X Fds |
1.92%
181,880
|
$5,183,585,000 | 4.41% |
| Wisdomtree Tr |
Closed
38,782
|
$1,502,397,000 | |
| Goldman Sachs Etf Tr |
1.52%
14,457
|
$1,356,233,000 | 1.15% |
| Oneok Inc. |
9.33%
12,763
|
$896,229,000 | 0.76% |
| Vanguard Scottsdale Fds |
8.87%
11,570
|
$895,146,000 | 0.76% |
| Wisdomtree Tr |
9.31%
40,518
|
$888,164,000 | 0.76% |
| First Hawaiian INC |
10.51%
38,189
|
$873,012,000 | 0.74% |
| Innovative Indl Pptys Inc |
12.32%
8,025
|
$809,035,000 | 0.69% |
| Costco Whsl Corp New |
0.08%
1,205
|
$795,704,000 | 0.68% |
| Ishares Tr |
1.09%
7,770
|
$606,319,000 | 0.52% |
| Verizon Communications Inc |
15.69%
15,517
|
$584,991,000 | 0.50% |
| First Tr Exchange-traded Fd |
Opened
11,104
|
$573,855,000 | 0.49% |
| Bank Nova Scotia Halifax |
11.31%
11,770
|
$573,083,000 | 0.49% |
| Simplify Exchange Traded Fun |
Opened
24,059
|
$548,064,000 | 0.47% |
| Physicians Rlty Tr |
16.04%
40,981
|
$545,462,000 | 0.46% |
| Altria Group Inc. |
13.18%
13,426
|
$541,624,000 | 0.46% |
| Home Depot, Inc. |
0.61%
1,488
|
$515,740,000 | 0.44% |
| Kellanova Co |
17.05%
9,001
|
$503,231,000 | 0.43% |
| Fortinet Inc |
No change
7,375
|
$431,659,000 | 0.37% |
| Visa Inc |
0.14%
1,445
|
$376,288,000 | 0.32% |
| Apple Inc |
No change
1,876
|
$361,172,000 | 0.31% |
| Microsoft Corporation |
0.11%
920
|
$345,918,000 | 0.29% |
| Clover Health Investments Corp |
Closed
14,000
|
$15,120,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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