Wills 13F annual report
Wills is an investment fund managing more than $217 billion ran by Adam Mehrer. There are currently 62 companies in Mr. Mehrer’s portfolio. The largest investments include Microsoft and Berkshire Hathaway, together worth $38.8 billion.
$217 billion Assets Under Management (AUM)
As of 7th August 2024, Wills’s top holding is 44,207 shares of Microsoft currently worth over $19.8 billion and making up 9.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Wills owns more than approximately 0.1% of the company.
In addition, the fund holds 46,863 shares of Berkshire Hathaway worth $19.1 billion, whose value grew 9.8% in the past six months.
The third-largest holding is Apple Inc worth $14.9 billion and the next is Lockheed Martin worth $10.7 billion, with 23,013 shares owned.
Currently, Wills's portfolio is worth at least $217 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 Wills
The Wills office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Adam Mehrer serves as the Chief Strategy Officer at Wills.
Recent trades
In the most recent 13F filing, Wills revealed that it had opened a new position in
Ferguson Plc New and bought 20,087 shares worth $3.89 billion.
The investment fund also strengthened its position in Berkshire Hathaway by buying
145 additional shares.
This makes their stake in Berkshire Hathaway total 46,863 shares worth $19.1 billion.
Berkshire Hathaway soared 22.3% in the past year.
On the other hand, there are companies that Wills is getting rid of from its portfolio.
Wills closed its position in Ferguson Plc New on 14th August 2024.
It sold the previously owned 19,936 shares for $4.35 billion.
Adam Mehrer also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $19.8 billion and 44,207 shares.
One of the smallest hedge funds
The two most similar investment funds to Wills are Bernzott Capital Advisors and Texas Capital Bancshares Inc/tx. They manage $217 billion and $217 billion respectively.
Adam Mehrer investment strategy
Wills’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 19.5% of
the total portfolio value.
The fund focuses on investments in the United States as
56.5% 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
56% 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 $302 billion.
The complete list of Wills trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Microsoft Corporation |
0.41%
44,207
|
$19,758,167,000 | 9.10% |
| Berkshire Hathaway Inc. |
0.31%
46,863
|
$19,063,868,000 | 8.78% |
| Apple Inc |
10.62%
70,526
|
$14,854,117,000 | 6.84% |
| Lockheed Martin Corp. |
0.78%
23,013
|
$10,749,451,000 | 4.95% |
| Palo Alto Networks Inc |
0.10%
30,521
|
$10,346,924,000 | 4.77% |
| Danaher Corp. |
0.05%
40,756
|
$10,182,788,000 | 4.69% |
| Procter And Gamble Co |
0.01%
50,357
|
$8,304,893,000 | 3.83% |
| Pepsico Inc |
0.06%
48,150
|
$7,941,382,000 | 3.66% |
| Alphabet Inc |
0.22%
47,139
|
$8,592,564,000 | 3.96% |
| Amazon.com Inc. |
1.58%
35,201
|
$6,802,593,000 | 3.13% |
| Essential Utilities Inc |
0.12%
159,781
|
$5,964,641,000 | 2.75% |
| Chevron Corp. |
0.83%
36,187
|
$5,660,315,000 | 2.61% |
| Union Pac Corp |
2.74%
24,606
|
$5,567,435,000 | 2.56% |
| Ishares Gold Trust |
0.10%
114,378
|
$5,024,626,000 | 2.31% |
| Conocophillips |
0.65%
42,638
|
$4,876,880,000 | 2.25% |
| Dominion Energy Inc |
2.51%
97,106
|
$4,758,205,000 | 2.19% |
| Ge Healthcare Technologies I |
3.05%
58,780
|
$4,580,171,000 | 2.11% |
| Ferguson Plc New |
Closed
19,936
|
$4,354,620,000 | |
| Kenvue Inc |
9.75%
237,458
|
$4,316,989,000 | 1.99% |
| Sherwin-Williams Co. |
4.41%
13,384
|
$3,994,131,000 | 1.84% |
| Sp Global Inc |
6.42%
8,797
|
$3,923,277,000 | 1.81% |
| Ferguson Plc New |
Opened
20,087
|
$3,889,848,000 | 1.79% |
| Merck Co Inc |
20.03%
29,612
|
$3,665,988,000 | 1.69% |
| Zoetis Inc |
0.32%
20,527
|
$3,558,575,000 | 1.64% |
| Broadcom Inc |
0.39%
2,047
|
$3,285,951,000 | 1.51% |
| Jp Morgan Chase Co |
1.90%
15,952
|
$3,226,445,000 | 1.49% |
| Verizon Communications Inc |
3.16%
75,537
|
$3,115,161,000 | 1.43% |
| Nike, Inc. |
1.77%
39,823
|
$3,001,425,000 | 1.38% |
| Accenture Plc Ireland |
323.65%
8,651
|
$2,624,800,000 | 1.21% |
| The Southern Co. |
0.11%
29,920
|
$2,320,893,000 | 1.07% |
| NextEra Energy Inc |
1.18%
32,428
|
$2,296,259,000 | 1.06% |
| Northrop Grumman Corp. |
4.03%
3,570
|
$1,556,446,000 | 0.72% |
| Schwab Strategic Tr |
0.20%
19,305
|
$1,501,191,000 | 0.69% |
| Visa Inc |
118.55%
5,455
|
$1,431,812,000 | 0.66% |
| Mccormick Co Inc |
2.88%
19,858
|
$1,408,759,000 | 0.65% |
| Norfolk Southern Corp. |
0.09%
6,339
|
$1,360,900,000 | 0.63% |
| Stanley Black Decker Inc |
2.16%
16,696
|
$1,333,866,000 | 0.61% |
| Albemarle Corp. |
4.51%
12,122
|
$1,157,899,000 | 0.53% |
| Exxon Mobil Corp. |
2.13%
7,409
|
$852,869,000 | 0.39% |
| Johnson Johnson |
43.68%
5,763
|
$842,260,000 | 0.39% |
| Texas Instrs Inc |
120.82%
4,295
|
$835,506,000 | 0.38% |
| Thermo Fisher Scientific Inc. |
0.99%
1,403
|
$776,001,000 | 0.36% |
| CME Group Inc |
1.57%
3,421
|
$672,634,000 | 0.31% |
| Duke Energy Corp. |
5.21%
6,605
|
$661,999,000 | 0.30% |
| Coca-Cola Co |
6.53%
10,272
|
$653,837,000 | 0.30% |
| Home Depot, Inc. |
3.17%
1,692
|
$582,358,000 | 0.27% |
| Vail Resorts Inc. |
17.32%
2,358
|
$424,724,000 | 0.20% |
| NVIDIA Corp |
779.62%
3,237
|
$399,899,000 | 0.18% |
| Lowes Cos Inc |
2.94%
1,750
|
$385,805,000 | 0.18% |
| Pfizer Inc. |
5.31%
13,190
|
$369,067,000 | 0.17% |
| Philip Morris International Inc |
1.46%
3,463
|
$350,906,000 | 0.16% |
| Ishares Tr |
No change
605
|
$331,074,000 | 0.15% |
| Zebra Technologies Corporati |
0.39%
1,020
|
$315,109,000 | 0.15% |
| Bny Mellon Etf Trust |
Opened
3,033
|
$314,788,000 | 0.14% |
| Blackstone Inc |
Opened
2,442
|
$302,329,000 | 0.14% |
| Mckesson Corporation |
No change
500
|
$292,020,000 | 0.13% |
| Raytheon Technologies Corp |
No change
2,890
|
$290,127,000 | 0.13% |
| Vanguard Index Fds |
No change
1,296
|
$282,580,000 | 0.13% |
| Huntington Ingalls Inds Inc |
0.09%
1,136
|
$279,718,000 | 0.13% |
| First Tr Exchange-traded Fd |
10.80%
4,331
|
$237,102,000 | 0.11% |
| J P Morgan Exchange Traded F |
5.32%
3,957
|
$224,283,000 | 0.10% |
| Markel Corp |
9.55%
142
|
$223,744,000 | 0.10% |
| Mcdonalds Corp |
Closed
775
|
$218,511,000 | |
| Atlantic Un Bankshares Corp |
Closed
6,013
|
$212,306,000 | |
| Illinois Tool Wks Inc |
Closed
750
|
$201,248,000 | |
| Intuitive Surgical Inc |
Opened
450
|
$200,183,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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