South Street Advisors 13F annual report
South Street Advisors is an investment fund managing more than $498 billion ran by Tom Carhart. There are currently 69 companies in Mr. Carhart’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $60.8 billion.
$498 billion Assets Under Management (AUM)
As of 6th November 2023, South Street Advisors’s top holding is 78,120 shares of NVIDIA Corp currently worth over $34 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, South Street Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 156,628 shares of Apple Inc worth $26.8 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Eli Lilly & Co worth $23 billion and the next is Novo-nordisk A S worth $21.9 billion, with 240,770 shares owned.
Currently, South Street Advisors's portfolio is worth at least $498 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 South Street Advisors
The South Street Advisors office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Tom Carhart serves as the Principal at South Street Advisors.
Recent trades
In the most recent 13F filing, South Street Advisors revealed that it had opened a new position in
Us Foods Hldg Corp and bought 314,699 shares worth $12.5 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
185 additional shares.
This makes their stake in NVIDIA Corp total 78,120 shares worth $34 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that South Street Advisors is getting rid of from its portfolio.
South Street Advisors closed its position in Avery Dennison on 13th November 2023.
It sold the previously owned 79,879 shares for $13.7 billion.
Tom Carhart also disclosed a decreased stake in Mcdonalds Corp by approximately 0.1%.
This leaves the value of the investment at $1.22 billion and 4,618 shares.
One of the average hedge funds
The two most similar investment funds to South Street Advisors are Capital Investment Counsel, Inc and Weiss Asset Management L.P.. They manage $498 billion and $498 billion respectively.
Tom Carhart investment strategy
South Street Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 25.3% of
the total portfolio value.
The fund focuses on investments in the United States as
63.8% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $245 billion.
The complete list of South Street Advisors trades based on 13F SEC filings
These positions were updated on November 13th 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 |
|---|---|---|---|
| NVIDIA Corp |
0.24%
78,120
|
$33,981,419,000 | 6.83% |
| Apple Inc |
0.18%
156,628
|
$26,816,280,000 | 5.39% |
| Eli Lilly & Co |
0.04%
42,847
|
$23,014,409,000 | 4.62% |
| Novo-nordisk A S |
101.71%
240,770
|
$21,895,624,000 | 4.40% |
| Microsoft Corporation |
0.83%
67,645
|
$21,358,967,000 | 4.29% |
| Tjx Cos Inc New |
0.21%
239,758
|
$21,309,691,000 | 4.28% |
| Alphabet Inc |
0.32%
146,681
|
$19,198,705,000 | 3.86% |
| Amphenol Corp. |
0.25%
208,933
|
$17,548,283,000 | 3.53% |
| Visa Inc |
0.28%
76,215
|
$17,530,212,000 | 3.52% |
| Quanta Svcs Inc |
0.55%
81,021
|
$15,156,598,000 | 3.05% |
| Marathon Oil Corporation |
0.32%
517,260
|
$13,836,705,000 | 2.78% |
| Avery Dennison Corp. |
Closed
79,879
|
$13,723,212,000 | |
| WEC Energy Group Inc |
0.54%
169,397
|
$13,644,928,000 | 2.74% |
| Bhp Group Ltd |
0.02%
234,282
|
$13,325,960,000 | 2.68% |
| KBR Inc |
1.08%
218,579
|
$12,883,046,000 | 2.59% |
| Darling Ingredients Inc |
0.26%
243,895
|
$12,731,319,000 | 2.56% |
| Us Foods Hldg Corp |
Opened
314,699
|
$12,493,550,000 | 2.51% |
| Constellation Brands, Inc. |
1.52%
48,199
|
$12,113,855,000 | 2.43% |
| Coca-Cola Co |
0.97%
214,763
|
$12,022,433,000 | 2.42% |
| Onto Innovation Inc. |
0.42%
88,299
|
$11,259,888,000 | 2.26% |
| Lowes Cos Inc |
3.44%
53,985
|
$11,220,325,000 | 2.25% |
| Oreilly Automotive Inc |
1.51%
11,820
|
$10,742,725,000 | 2.16% |
| Howmet Aerospace Inc. |
1.34%
229,859
|
$10,630,979,000 | 2.14% |
| LKQ Corp |
1.07%
203,144
|
$10,057,659,000 | 2.02% |
| Blackstone Inc |
0.67%
93,047
|
$9,969,056,000 | 2.00% |
| Lockheed Martin Corp. |
0.23%
24,150
|
$9,876,384,000 | 1.98% |
| Gallagher Arthur J & Co |
Opened
42,108
|
$9,597,676,000 | 1.93% |
| Extreme Networks Inc. |
2.02%
349,060
|
$8,450,743,000 | 1.70% |
| Tpg Inc |
2.66%
265,728
|
$8,003,727,000 | 1.61% |
| RTX Corp |
0.64%
107,355
|
$7,726,339,000 | 1.55% |
| ServiceNow Inc |
0.94%
13,430
|
$7,506,833,000 | 1.51% |
| Mastercard Incorporated |
0.46%
18,591
|
$7,360,408,000 | 1.48% |
| American Elec Pwr Co Inc |
1.14%
95,536
|
$7,186,218,000 | 1.44% |
| California Res Corp |
307.34%
79,717
|
$4,500,040,000 | 0.90% |
| Stride Inc |
0.24%
84,392
|
$3,800,172,000 | 0.76% |
| Eaton Corp Plc |
No change
14,050
|
$2,996,584,000 | 0.60% |
| Denbury Inc. |
Closed
34,488
|
$2,974,935,000 | |
| Chevron Corp. |
No change
17,130
|
$2,888,461,000 | 0.58% |
| Amazon.com Inc. |
0.79%
20,370
|
$2,589,434,000 | 0.52% |
| Qualcomm, Inc. |
No change
21,653
|
$2,404,759,000 | 0.48% |
| Vici Pptys Inc |
No change
80,674
|
$2,347,613,000 | 0.47% |
| Meta Platforms Inc |
No change
7,650
|
$2,296,607,000 | 0.46% |
| Abbvie Inc |
No change
15,240
|
$2,271,674,000 | 0.46% |
| Woodside Energy Group Ltd |
No change
81,967
|
$1,909,018,000 | 0.38% |
| Broadcom Inc. |
Opened
1,849
|
$1,535,742,000 | 0.31% |
| JPMorgan Chase & Co. |
6.61%
10,047
|
$1,457,016,000 | 0.29% |
| Bristol-Myers Squibb Co. |
No change
23,085
|
$1,339,853,000 | 0.27% |
| Mcdonalds Corp |
0.77%
4,618
|
$1,216,566,000 | 0.24% |
| Costco Whsl Corp New |
No change
2,099
|
$1,185,851,000 | 0.24% |
| Canadian Pacific Kansas City |
13.70%
15,750
|
$1,171,958,000 | 0.24% |
| Berkshire Hathaway Inc. |
No change
3,327
|
$1,165,448,000 | 0.23% |
| Johnson & Johnson |
No change
6,398
|
$996,489,000 | 0.20% |
| Solaredge Technologies Inc |
2.92%
6,512
|
$843,369,000 | 0.17% |
| Magellan Midstream Prtnrs Lp |
Closed
13,520
|
$842,566,000 | |
| Phillips 66 |
No change
6,420
|
$771,363,000 | 0.16% |
| Linde Plc. |
No change
1,843
|
$686,241,000 | 0.14% |
| Enterprise Prods Partners L |
No change
24,380
|
$667,281,000 | 0.13% |
| Exxon Mobil Corp. |
No change
5,270
|
$619,647,000 | 0.12% |
| Pepsico Inc |
No change
3,135
|
$531,194,000 | 0.11% |
| Oneok Inc. |
130.03%
8,281
|
$525,283,000 | 0.11% |
| Danaher Corp. |
No change
2,060
|
$511,086,000 | 0.10% |
| Allstate Corp (The) |
94.92%
4,420
|
$492,432,000 | 0.10% |
| Merck & Co Inc |
No change
4,687
|
$482,527,000 | 0.10% |
| Caterpillar Inc. |
19.01%
1,440
|
$393,120,000 | 0.08% |
| Procter And Gamble Co |
No change
2,688
|
$392,066,000 | 0.08% |
| Disney Walt Co |
No change
4,832
|
$391,634,000 | 0.08% |
| Murphy Oil Corp. |
No change
8,600
|
$390,010,000 | 0.08% |
| Masco Corp. |
No change
6,500
|
$347,425,000 | 0.07% |
| Lennar Corp. |
No change
3,000
|
$336,690,000 | 0.07% |
| Walgreens Boots Alliance Inc |
Closed
11,438
|
$325,869,000 | |
| Norfolk Southn Corp |
No change
1,510
|
$297,364,000 | 0.06% |
| Zoetis Inc |
No change
1,659
|
$288,633,000 | 0.06% |
| General Mls Inc |
Closed
2,740
|
$210,158,000 | |
| Colgate-Palmolive Co. |
Closed
2,600
|
$200,304,000 | |
| Palantir Technologies Inc. |
No change
10,000
|
$160,000,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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