Miramar Capital 13F annual report
Miramar Capital is an investment fund managing more than $383 billion ran by Robert Kalman. There are currently 60 companies in Mr. Kalman’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $39.9 billion.
$383 billion Assets Under Management (AUM)
As of 5th August 2024, Miramar Capital’s top holding is 56,902 shares of Microsoft currently worth over $21.4 billion and making up 5.6% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Miramar Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 96,205 shares of Apple Inc worth $18.5 billion, whose value grew 15.5% in the past six months.
The third-largest holding is Broadcom worth $18.5 billion and the next is Pepsico Inc worth $17.5 billion, with 102,871 shares owned.
Currently, Miramar Capital's portfolio is worth at least $383 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 Miramar Capital
The Miramar Capital office and employees reside in Northbrook, Illinois. According to the last 13-F report filed with the SEC, Robert Kalman serves as the Chief Compliance Officer at Miramar Capital.
Recent trades
In the most recent 13F filing, Miramar Capital revealed that it had opened a new position in
Select Sector Spdr Tr and bought 7,518 shares worth $434 million.
The investment fund also strengthened its position in Pepsico Inc by buying
1,597 additional shares.
This makes their stake in Pepsico Inc total 102,871 shares worth $17.5 billion.
On the other hand, there are companies that Miramar Capital is getting rid of from its portfolio.
Miramar Capital closed its position in Eli Lilly & Co on 12th August 2024.
It sold the previously owned 2,352 shares for $1.26 billion.
Robert Kalman also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $21.4 billion and 56,902 shares.
One of the smaller hedge funds
The two most similar investment funds to Miramar Capital are Night Owl Capital Management and Smi Advisory Services. They manage $399 billion and $399 billion respectively.
Robert Kalman investment strategy
Miramar Capital’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 15.1% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 6.7% of the portfolio.
The average market cap of the portfolio companies is close to $230 billion.
The complete list of Miramar Capital 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 |
|---|---|---|---|
| Microsoft Corporation |
3.75%
56,902
|
$21,397,516,000 | 5.59% |
| Apple Inc |
4.17%
96,205
|
$18,522,258,000 | 4.84% |
| Broadcom Inc. |
2.58%
16,590
|
$18,518,588,000 | 4.84% |
| Pepsico Inc |
1.58%
102,871
|
$17,471,605,000 | 4.56% |
| Abbvie Inc |
5.33%
103,297
|
$16,007,930,000 | 4.18% |
| Us Bancorp Del |
2.65%
349,131
|
$15,110,390,000 | 3.95% |
| Oneok Inc. |
4.08%
210,975
|
$14,814,665,000 | 3.87% |
| Home Depot, Inc. |
3.44%
42,110
|
$14,593,311,000 | 3.81% |
| JPMorgan Chase & Co. |
18.24%
80,553
|
$13,702,059,000 | 3.58% |
| Chevron Corp. |
2.50%
87,939
|
$13,117,018,000 | 3.43% |
| Union Pac Corp |
4.37%
53,163
|
$13,057,896,000 | 3.41% |
| Texas Instrs Inc |
2.13%
75,313
|
$12,837,850,000 | 3.35% |
| United Parcel Service, Inc. |
3.30%
81,071
|
$12,746,788,000 | 3.33% |
| Mcdonalds Corp |
0.18%
42,682
|
$12,655,635,000 | 3.30% |
| Medtronic Plc |
2.81%
149,704
|
$12,332,628,000 | 3.22% |
| Abbott Labs |
3.45%
110,818
|
$12,197,734,000 | 3.18% |
| Dow Inc |
0.27%
219,959
|
$12,062,552,000 | 3.15% |
| Target Corp |
4.65%
80,269
|
$11,431,908,000 | 2.99% |
| Genuine Parts Co. |
14.18%
79,427
|
$11,000,637,000 | 2.87% |
| Starbucks Corp. |
4.04%
110,215
|
$10,581,740,000 | 2.76% |
| CME Group Inc |
37.57%
49,902
|
$10,509,361,000 | 2.74% |
| General Dynamics Corp. |
5.27%
36,819
|
$9,560,790,000 | 2.50% |
| Corning, Inc. |
26.04%
307,033
|
$9,349,155,000 | 2.44% |
| Air Prods & Chems Inc |
0.07%
33,489
|
$9,169,287,000 | 2.39% |
| Lockheed Martin Corp. |
0.19%
19,806
|
$8,976,866,000 | 2.34% |
| Merck & Co Inc |
3.51%
78,859
|
$8,597,241,000 | 2.24% |
| Blackrock Inc. |
0.23%
10,565
|
$8,576,667,000 | 2.24% |
| Waste Mgmt Inc Del |
2.83%
45,534
|
$8,155,135,000 | 2.13% |
| Paychex Inc. |
4.24%
43,769
|
$5,213,326,000 | 1.36% |
| Albertsons Cos Inc |
60.60%
202,000
|
$4,646,000,000 | 1.21% |
| G-III Apparel Group Ltd. |
49.79%
60,000
|
$2,038,800,000 | 0.53% |
| Vanguard Specialized Funds |
2.39%
10,758
|
$1,833,209,000 | 0.48% |
| Eli Lilly & Co |
Closed
2,352
|
$1,263,330,000 | |
| Vanguard Whitehall Fds |
1.29%
9,949
|
$1,110,607,000 | 0.29% |
| Spdr S&p 500 Etf Tr |
No change
2,111
|
$1,003,379,000 | 0.26% |
| Visa Inc |
3.68%
3,664
|
$953,922,000 | 0.25% |
| Schwab Strategic Tr |
6.72%
10,694
|
$814,160,000 | 0.21% |
| Bank America Corp |
4.17%
23,101
|
$777,811,000 | 0.20% |
| Nike, Inc. |
0.94%
5,248
|
$569,775,000 | 0.15% |
| Consolidated Edison, Inc. |
5.02%
6,150
|
$559,466,000 | 0.15% |
| Spdr S&p Midcap 400 Etf Tr |
No change
1,070
|
$542,897,000 | 0.14% |
| Unitedhealth Group Inc |
11.68%
991
|
$521,732,000 | 0.14% |
| Spdr Gold Tr |
No change
2,651
|
$506,792,000 | 0.13% |
| Emerson Elec Co |
2.80%
4,340
|
$422,412,000 | 0.11% |
| Exxon Mobil Corp. |
Closed
3,583
|
$421,289,000 | |
| Costco Whsl Corp New |
2.81%
588
|
$388,127,000 | 0.10% |
| Curtiss-Wright Corp. |
10.58%
1,690
|
$376,515,000 | 0.10% |
| Comcast Corp New |
1.59%
8,562
|
$375,444,000 | 0.10% |
| Bristol-Myers Squibb Co. |
23.24%
6,276
|
$322,022,000 | 0.08% |
| Berkshire Hathaway Inc. |
1.96%
850
|
$303,161,000 | 0.08% |
| Ishares Tr |
2.86%
1,440
|
$289,022,000 | 0.08% |
| Boeing Co. |
3.63%
1,063
|
$277,082,000 | 0.07% |
| Pnc Finl Svcs Group Inc |
No change
1,713
|
$265,258,000 | 0.07% |
| Disney Walt Co |
1.77%
2,777
|
$250,765,000 | 0.07% |
| Philip Morris International Inc |
Closed
2,636
|
$244,041,000 | |
| Kimberly-Clark Corp. |
No change
2,000
|
$243,020,000 | 0.06% |
| Adtheorent Holding Company |
No change
166,851
|
$241,934,000 | 0.06% |
| Select Sector Spdr Tr |
Opened
7,518
|
$433,613,000 | 0.11% |
| PVH Corp |
Closed
2,900
|
$221,879,000 | |
| Metlife Inc |
No change
3,275
|
$216,576,000 | 0.06% |
| Cisco Sys Inc |
Closed
3,937
|
$211,635,000 | |
| Danaher Corp. |
Closed
826
|
$204,931,000 | |
| Mattel, Inc. |
No change
10,000
|
$188,800,000 | 0.05% |
| Qurate Retail Inc |
No change
160,000
|
$140,080,000 | 0.04% |
| Xcel Brands Inc |
No change
71,000
|
$91,590,000 | 0.02% |
| Inuvo Inc |
No change
12,501
|
$5,313,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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