Argent Capital Management 13F annual report

Argent Capital Management is an investment fund managing more than $3.41 trillion ran by Jayme Herbstreit. There are currently 155 companies in Mr. Herbstreit’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $434 billion.

Limited to 30 biggest holdings

$3.41 trillion Assets Under Management (AUM)

As of 17th July 2024, Argent Capital Management’s top holding is 521,195 shares of Microsoft currently worth over $233 billion and making up 6.8% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Argent Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,042,259 shares of Amazon.com worth $201 billion, whose value grew 16.4% in the past six months. The third-largest holding is Apple Inc worth $144 billion and the next is Alphabet Inc worth $137 billion, with 750,036 shares owned.

Currently, Argent Capital Management's portfolio is worth at least $3.41 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 Argent Capital Management

The Argent Capital Management office and employees reside in St Louis, Missouri. According to the last 13-F report filed with the SEC, Jayme Herbstreit serves as the Director of Operations at Argent Capital Management.

Recent trades

In the most recent 13F filing, Argent Capital Management revealed that it had opened a new position in Alphabet Inc and bought 750,036 shares worth $137 billion. This means they effectively own approximately 0.1% of the company. Alphabet Inc makes up 16.0% of the fund's Technology sector allocation and has grown its share price by 49.5% in the past year.

The investment fund also strengthened its position in Danaher by buying 19,129 additional shares. This makes their stake in Danaher total 394,842 shares worth $98.7 billion. Danaher dropped 5.6% in the past year.

On the other hand, there are companies that Argent Capital Management is getting rid of from its portfolio. Argent Capital Management closed its position in Alphabet Inc on 24th July 2024. It sold the previously owned 792,776 shares for $104 billion. Jayme Herbstreit also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $233 billion and 521,195 shares.

One of the largest hedge funds

The two most similar investment funds to Argent Capital Management are Gates Capital Management and Truepoint. They manage $3.4 trillion and $3.41 trillion respectively.


Jayme Herbstreit investment strategy

Argent Capital Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 25.1% of the total portfolio value. The fund focuses on investments in the United States as 76.8% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 0.6% of the portfolio. The average market cap of the portfolio companies is close to $129 billion.

The complete list of Argent Capital Management trades based on 13F SEC filings

These positions were updated on July 24th 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
5.65%
521,195
$232,948,020,000 6.84%
Amazon.com Inc.
5.63%
1,042,259
$201,416,552,000 5.91%
Apple Inc
4.92%
682,270
$143,699,684,000 4.22%
Alphabet Inc
Opened
750,036
$136,618,976,000 4.01%
Applied Materials Inc.
6.02%
526,603
$124,273,050,000 3.65%
Booz Allen Hamilton Holding Corp
5.37%
747,817
$115,089,012,000 3.38%
United Rentals, Inc.
21.67%
165,781
$107,215,287,000 3.15%
Unitedhealth Group Inc
Opened
207,277
$105,557,922,000 3.10%
Mastercard Incorporated
Opened
236,683
$104,415,037,000 3.07%
Alphabet Inc
Closed
792,776
$103,742,667,000
Unitedhealth Group Inc
Closed
201,185
$101,435,502,000
Mastercard Incorporated
Closed
249,574
$98,808,729,000
Danaher Corp.
5.09%
394,842
$98,651,386,000 2.90%
CDW Corp
Opened
404,082
$90,449,813,000 2.66%
CDW Corp
Closed
426,915
$86,134,383,000
Carlyle Group Inc (The)
Opened
2,069,748
$83,100,392,000 2.44%
Exxon Mobil Corp.
9,119.52%
715,158
$82,329,003,000 2.42%
D.r. Horton, Inc.
Opened
580,723
$81,841,261,000 2.40%
Copart, Inc.
5.30%
1,497,889
$81,125,668,000 2.38%
Fair Isaac Corp.
6.81%
53,433
$79,543,570,000 2.34%
Transdigm Group Incorporated
Opened
61,004
$77,939,320,000 2.29%
Abbvie Inc
Closed
498,553
$74,314,322,000
Pioneer Natural Resources Co.
Closed
322,623
$74,058,135,000
Blackstone Inc
Opened
584,678
$72,383,077,000 2.13%
Visa Inc
Opened
273,360
$71,748,721,000 2.11%
D.r. Horton, Inc.
Closed
625,137
$67,183,424,000
Visa Inc
Closed
290,015
$66,706,352,000
Blackstone Inc
Closed
617,411
$66,149,449,000
Waste Connections Inc
6.87%
375,459
$65,840,433,000 1.93%
Carlyle Group Inc (The)
Closed
2,054,883
$61,975,278,000
Bellring Brands Inc
Closed
1,365,960
$56,318,529,000
Marvell Technology Inc
5.32%
786,353
$54,966,091,000 1.61%
The Progressive Corporation
Opened
260,047
$54,014,380,000 1.59%
HCA Healthcare Inc
Opened
160,275
$51,493,226,000 1.51%
JPMorgan Chase & Co.
4.58%
247,466
$50,052,447,000 1.47%
Home Depot, Inc.
7.31%
142,549
$49,071,174,000 1.44%
O'reilly Automotive, Inc.
Opened
43,565
$46,007,254,000 1.35%
NextEra Energy Inc
Opened
627,033
$44,400,202,000 1.30%
Murphy USA Inc
9,365.11%
93,326
$43,812,848,000 1.29%
Bellring Brands Inc
Opened
744,945
$42,566,158,000 1.25%
Eaton Corporation plc
Opened
132,254
$41,468,271,000 1.22%
Eaton Corporation plc
Closed
192,812
$41,122,865,000
Fortinet Inc
Closed
676,897
$39,720,316,000
NextEra Energy Inc
Closed
675,551
$38,702,316,000
Fortinet Inc
Opened
637,466
$38,420,076,000 1.13%
Monster Beverage Corp.
Closed
705,748
$37,369,357,000
Houlihan Lokey Inc
6.22%
243,844
$32,884,755,000 0.97%
OneMain Holdings Inc
Opened
672,952
$32,631,431,000 0.96%
Align Technology, Inc.
8.26%
134,862
$32,559,733,000 0.96%
Ferguson Plc
Opened
162,273
$31,424,212,000 0.92%
Garmin Ltd
Opened
184,839
$30,114,039,000 0.88%
Charles River Laboratories Intl, Inc.
6.69%
145,357
$30,027,849,000 0.88%
Chevron Corp.
5.66%
180,661
$28,259,019,000 0.83%
Ferguson Plc
Closed
169,512
$27,879,565,000
Accenture plc
Closed
88,319
$27,123,745,000
TFI International Inc
807.05%
179,769
$26,095,289,000 0.77%
Accenture plc
Opened
84,561
$25,656,553,000 0.75%
Tractor Supply Co.
5.37%
94,246
$25,446,339,000 0.75%
Automatic Data Processing Inc.
4.88%
102,520
$24,470,521,000 0.72%
Pepsico, Inc.
3.90%
145,130
$23,936,301,000 0.70%
Oracle Corp.
4.26%
165,574
$23,379,055,000 0.69%
Blackrock Inc.
Opened
28,851
$22,715,357,000 0.67%
Republic Services, Inc.
37.71%
115,655
$22,476,324,000 0.66%
Thermo Fisher Scientific Inc.
12.41%
39,825
$22,023,280,000 0.65%
AMGEN Inc.
2,436.96%
69,259
$21,640,095,000 0.64%
Ameriprise Financial Inc
Opened
50,640
$21,633,046,000 0.64%
Extra Space Storage Inc.
4.73%
130,994
$20,357,728,000 0.60%
Garmin Ltd
Closed
192,832
$20,285,976,000
Texas Instruments Inc.
6.36%
102,134
$19,868,057,000 0.58%
Air Products And Chemicals, Inc.
Closed
70,064
$19,856,036,000
Morgan Stanley
Closed
240,875
$19,672,230,000
Blackrock Inc.
Closed
30,281
$19,576,554,000
Abbvie Inc
Opened
104,764
$17,969,166,000 0.53%
Ameriprise Financial Inc
Closed
54,108
$17,838,369,000
Thomson-Reuters Corp
Opened
104,286
$17,579,502,000 0.52%
Gilead Sciences, Inc.
Closed
231,593
$17,355,545,000
The Procter & Gamble Company
5.28%
92,378
$15,235,046,000 0.45%
Pool Corporation
Opened
38,708
$11,896,216,000 0.35%
NVIDIA Corp
Opened
66,650
$8,233,941,000 0.24%
Medpace Holdings Inc
Opened
17,259
$7,108,119,000 0.21%
NVIDIA Corp
Closed
12,800
$5,567,872,000
Cbiz Inc
47.45%
73,214
$5,425,157,000 0.16%
Builders Firstsource Inc
Closed
43,547
$5,421,166,000
Cintas Corporation
1.30%
7,419
$5,195,229,000 0.15%
Victory Capital Holdings Inc
Opened
103,352
$4,932,989,000 0.14%
Descartes Systems Group Inc
37.84%
47,059
$4,557,194,000 0.13%
Builders Firstsource Inc
Opened
32,773
$4,536,111,000 0.13%
TopBuild Corp
Opened
11,618
$4,476,067,000 0.13%
Addus HomeCare Corporation
52.53%
37,310
$4,332,064,000 0.13%
Principal Financial Group Inc
Closed
59,776
$4,308,036,000
LPL Financial Holdings Inc
Opened
15,165
$4,235,585,000 0.12%
FirstService Corp
Opened
26,751
$4,076,050,000 0.12%
ICF International, Inc
Opened
27,418
$4,070,476,000 0.12%
Northrop Grumman Corp.
Closed
9,051
$3,984,046,000
Agilent Technologies Inc.
Opened
29,199
$3,785,066,000 0.11%
Entegris Inc
Opened
27,520
$3,726,208,000 0.11%
Medpace Holdings Inc
Closed
15,261
$3,695,146,000
Gartner, Inc.
5.46%
7,903
$3,548,921,000 0.10%
American Finacial Group, Inc.
1.85%
27,899
$3,432,135,000 0.10%
Ametek Inc
92.52%
20,478
$3,413,896,000 0.10%
Advanced Drainage Systems Inc
Opened
20,804
$3,336,754,000 0.10%
Colliers International Group Inc
16.36%
29,608
$3,305,733,000 0.10%
Tempur Sealy International Inc
Opened
65,900
$3,119,706,000 0.09%
Alphabet Inc
Opened
16,550
$3,035,601,000 0.09%
Victory Capital Holdings Inc
Closed
89,884
$2,996,733,000
HCA Healthcare Inc
Closed
12,100
$2,976,358,000
Asbury Automotive Group Inc
13.45%
12,647
$2,881,872,000 0.08%
ICF International, Inc
Closed
23,851
$2,881,439,000
TopBuild Corp
Closed
11,403
$2,868,995,000
FirstService Corp
Closed
19,519
$2,840,795,000
OneMain Holdings Inc
Closed
69,828
$2,799,405,000
Tempur Sealy International Inc
Closed
63,783
$2,764,355,000
Molina Healthcare Inc
Closed
8,310
$2,724,766,000
Costco Wholesale Corp
Opened
3,145
$2,673,219,000 0.08%
Churchill Downs, Inc.
Opened
19,040
$2,657,984,000 0.08%
Molina Healthcare Inc
Opened
8,580
$2,550,834,000 0.07%
Agilent Technologies Inc.
Closed
22,646
$2,532,276,000
Zebra Technologies Corp.
Closed
10,524
$2,489,242,000
Entegris Inc
Closed
26,436
$2,482,605,000
Aspen Technology Inc
Closed
11,853
$2,421,094,000
Cheniere Energy Inc.
2.99%
13,580
$2,374,191,000 0.07%
Marathon Oil Corporation
Closed
86,977
$2,326,635,000
Advanced Drainage Systems Inc
Closed
20,363
$2,317,920,000
Service Corporation International
1.48%
32,496
$2,311,456,000 0.07%
Alphabet Inc
Closed
16,750
$2,208,488,000
Exponent Inc.
15.22%
22,852
$2,173,690,000 0.06%
Walmart Inc
200.00%
31,725
$2,148,100,000 0.06%
Trane Technologies plc
Opened
5,915
$1,945,621,000 0.06%
Patrick Industries, Inc.
Opened
17,591
$1,909,520,000 0.06%
Bath & Body Works Inc.
Closed
53,936
$1,823,037,000
Costco Wholesale Corp
Closed
3,125
$1,765,500,000
Honeywell International Inc
No change
7,660
$1,635,716,000 0.05%
Antero Resources Corp
Closed
62,879
$1,595,869,000
Edwards Lifesciences Corp
Opened
17,056
$1,575,463,000 0.05%
Merck & Co Inc
Opened
10,521
$1,302,500,000 0.04%
Trane Technologies plc
Closed
5,934
$1,204,068,000
Edwards Lifesciences Corp
Closed
17,169
$1,189,468,000
Merck & Co Inc
Closed
10,524
$1,083,446,000
RLI Corp.
82.09%
7,544
$1,061,365,000 0.03%
Green Brick Partners, Inc.
88.19%
17,483
$1,000,727,000 0.03%
Hamilton Lane Inc
173.74%
7,963
$984,068,000 0.03%
ePlus Inc
49.85%
12,683
$934,483,000 0.03%
Skyline Champion Corp
79.27%
13,666
$925,872,000 0.03%
Johnson & Johnson
3.30%
6,191
$904,914,000 0.03%
Factset Research Systems Inc.
No change
2,200
$898,194,000 0.03%
Intercontinental Exchange Inc
No change
6,500
$889,785,000 0.03%
UFP Industries Inc
Opened
7,913
$886,256,000 0.03%
Berkshire Hathaway Inc.
30.44%
2,093
$851,432,000 0.02%
Select Medical Holdings Corporation
Opened
23,915
$838,460,000 0.02%
ASGN Inc
Opened
9,417
$830,297,000 0.02%
RBC Bearings Inc.
Opened
3,001
$809,610,000 0.02%
LPL Financial Holdings Inc
Closed
3,250
$772,363,000
Magnolia Oil & Gas Corp
96.46%
29,111
$737,673,000 0.02%
Emerson Electric Co.
97.03%
6,600
$727,056,000 0.02%
Abbott Laboratories
No change
6,632
$689,131,000 0.02%
Raytheon Technologies Corp.
Opened
6,660
$668,597,000 0.02%
Coca-Cola Co
7.86%
10,310
$656,232,000 0.02%
Envestnet Inc.
Opened
10,240
$640,922,000 0.02%
Ishares Core S&p 500 Etf
No change
1,124
$615,087,000 0.02%
1/100 Berkshire Hthwy Cl A (schwab Cusip)
No change
100
$612,241,000 0.02%
Palo Alto Networks Inc
No change
1,800
$610,218,000 0.02%
Yum! Brands
No change
4,500
$596,070,000 0.02%
Herc Holdings Inc
Opened
4,345
$579,145,000 0.02%
Argent Mid Cap ETF
21.67%
17,549
$566,894,000 0.02%
Balchem Corp.
98.63%
3,629
$558,685,000 0.02%
Starbucks Corp.
5.51%
6,803
$529,614,000 0.02%
HubSpot Inc
Closed
1,000
$492,500,000
Target Corp
Opened
3,310
$490,023,000 0.01%
Analog Devices Inc.
20.13%
2,115
$482,770,000 0.01%
Raytheon Technologies Corp.
Closed
6,660
$479,320,000
Axos Financials, Inc.
Opened
8,374
$478,574,000 0.01%
Nike Inc, Cl. B
46.24%
6,200
$467,294,000 0.01%
Ishares Core S&p Smallcap - Etf
No change
4,186
$446,479,000 0.01%
Qualys Inc
Opened
3,121
$445,055,000 0.01%
ASGN Inc
Closed
5,433
$443,767,000
Schwab Us Large-cap Etf
Closed
8,715
$440,979,000
Halozyme Therapeutics Inc.
Opened
8,346
$436,997,000 0.01%
Bank Of New York Mellon Corp
6.71%
7,280
$435,999,000 0.01%
Adobe Inc
Opened
770
$427,766,000 0.01%
Target Corp
Closed
3,815
$421,832,000
Carrier Global Corporation
Opened
6,660
$420,113,000 0.01%
UFP Industries Inc
Closed
4,008
$410,419,000
Glacier Bancorp, Inc.
Opened
10,913
$407,273,000 0.01%
Adobe Inc
Closed
770
$392,623,000
The Walt Disney Company
26.58%
3,950
$392,196,000 0.01%
Carrier Global Corporation
Closed
6,660
$367,632,000
Centene Corp.
Closed
5,325
$366,786,000
Enpro Inc
Opened
2,500
$363,925,000 0.01%
Madison Square Garden Sports Corp.
Opened
1,889
$355,378,000 0.01%
Kimberly-Clark Corp.
Closed
2,823
$341,160,000
Chesapeake Utilities Corp
Opened
3,209
$340,796,000 0.01%
Alamo Group Inc.
Opened
1,915
$331,295,000 0.01%
Monster Beverage Corp.
Opened
6,326
$315,984,000 0.01%
Ishares Core Msci Eafe Etf
Opened
4,340
$315,258,000 0.01%
i3 Verticals Inc
Opened
14,066
$310,577,000 0.01%
Select Medical Holdings Corporation
Closed
12,224
$308,900,000
RBC Bearings Inc.
Closed
1,279
$299,452,000
Qualcomm, Inc.
29.41%
1,500
$298,770,000 0.01%
Tjx Co.
No change
2,700
$297,270,000 0.01%
Lowe's Companies Inc.
3.60%
1,340
$295,416,000 0.01%
Novanta Inc
Opened
1,801
$293,761,000 0.01%
Alarm.com Holdings Inc
Opened
4,437
$281,927,000 0.01%
Atkore Inc
86.08%
2,088
$281,734,000 0.01%
Carlisle Companies Inc.
Opened
690
$279,595,000 0.01%
Post Holdings Inc
99.42%
2,561
$266,754,000 0.01%
Herc Holdings Inc
Closed
2,195
$261,073,000
Qualys Inc
Closed
1,702
$259,640,000
Otc Markets Group Inc.
Opened
5,210
$254,769,000 0.01%
General Mills, Inc.
27.43%
3,810
$241,021,000 0.01%
Ishares Core Msci Eafe Etf
Closed
3,745
$240,991,000
Union Pacific Corp.
1.96%
1,053
$238,308,000 0.01%
Packaging Corp. Of America
Opened
1,290
$235,502,000 0.01%
America's Car-mart Inc
Opened
3,839
$231,146,000 0.01%
Envestnet Inc.
Closed
5,167
$227,503,000
Cisco Systems, Inc.
77.98%
4,750
$225,673,000 0.01%
Perficient Inc.
Opened
2,992
$223,772,000 0.01%
Lockheed Martin Corp.
6.12%
460
$214,866,000 0.01%
Estee Lauder
0.84%
2,000
$212,800,000 0.01%
Ishares Russell Mid-cap Etf
Opened
2,610
$211,619,000 0.01%
Centene Corp.
Opened
3,085
$204,536,000 0.01%
LCI Industries
Opened
1,947
$201,281,000 0.01%
No transactions found
Showing first 500 out of 221 holdings