Cypress Funds is an investment fund managing more than $745 billion ran by Robert Miller. There are currently 13 companies in Mr. Miller’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $221 billion.
As of 25th July 2024, Cypress Funds’s top holding is 249,049 shares of Microsoft currently worth over $111 billion and making up 14.9% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Cypress Funds owns more than approximately 0.1% of the company.
In addition, the fund holds 566,533 shares of Amazon.com worth $109 billion, whose value grew 17.4% in the past six months.
The third-largest holding is Fair Isaac worth $107 billion and the next is NVIDIA Corp worth $68.9 billion, with 557,870 shares owned.
Currently, Cypress Funds's portfolio is worth at least $745 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 Cypress Funds office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Robert Miller serves as the General Counsel and Chief Compliance Officer at Cypress Funds.
In the most recent 13F filing, Cypress Funds revealed that it had opened a new position in
ASML NV and bought 17,371 shares worth $17.8 billion.
This means they effectively own approximately 0.1% of the company.
ASML NV makes up
3.7%
of the fund's Technology sector allocation and has grown its share price by 32.2% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
407,870 additional shares.
This makes their stake in NVIDIA Corp total 557,870 shares worth $68.9 billion.
NVIDIA Corp dropped 74.8% in the past year.
On the other hand, there are companies that Cypress Funds is getting rid of from its portfolio.
Cypress Funds closed its position in Sea Ltd - Adr on 1st August 2024.
It sold the previously owned 487,884 shares for $26.2 billion.
Robert Miller also disclosed a decreased stake in Microsoft by 0.2%.
This leaves the value of the investment at $111 billion and 249,049 shares.
The two most similar investment funds to Cypress Funds are Grs Advisors and Avanda Investment Management Pte. They manage $745 billion and $745 billion respectively.
Cypress Funds’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Technology — making up 65.1% of
the total portfolio value.
The fund focuses on investments in the United States as
92.3% 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
92% of the total holdings value.
On the other hand, small-cap stocks make up only 7.7% of the portfolio.
The average market cap of the portfolio companies is close to $433 billion.
These positions were updated on August 1st 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 |
21.60%
249,049
|
$111,312,451,000 | 14.94% |
| Amazon.com Inc. |
13.15%
566,533
|
$109,482,502,000 | 14.69% |
| Fair Isaac Corp. |
13.14%
71,744
|
$106,802,423,000 | 14.33% |
| NVIDIA Corp |
271.91%
557,870
|
$68,919,260,000 | 9.25% |
| Cadence Design Systems, Inc. |
13.15%
178,916
|
$55,061,399,000 | 7.39% |
| Broadcom Inc. |
42.10%
33,003
|
$52,987,307,000 | 7.11% |
| S&P Global Inc |
30.61%
105,613
|
$47,103,398,000 | 6.32% |
| Meta Platforms Inc |
13.15%
90,327
|
$45,544,680,000 | 6.11% |
| Mastercard Incorporated |
13.15%
93,518
|
$41,256,401,000 | 5.54% |
| Apple Inc |
24.47%
148,297
|
$31,234,314,000 | 4.19% |
| Chipotle Mexican Grill |
4,242.92%
490,750
|
$30,745,488,000 | 4.13% |
| Tyler Technologies, Inc. |
23.44%
53,589
|
$26,943,477,000 | 3.62% |
| Sea Ltd - Adr |
Closed
487,884
|
$26,204,250,000 | |
| ASML Holding NV |
Opened
17,371
|
$17,765,843,000 | 2.38% |
| Roku Inc |
Closed
191,851
|
$12,502,930,000 | |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||