Davis-rea Ltd is an investment fund managing more than $220 billion ran by John O'connell. There are currently 35 companies in Mr. O'connell’s portfolio. The largest investments include Amazon.com and Alphabet Inc, together worth $41 billion.
As of 29th April 2024, Davis-rea Ltd’s top holding is 132,908 shares of Amazon.com currently worth over $24 billion and making up 10.9% of the portfolio value.
Relative to the number of outstanding shares of Amazon.com, Davis-rea Ltd owns more than approximately 0.1% of the company.
In addition, the fund holds 112,789 shares of Alphabet Inc worth $17 billion, whose value grew 28.6% in the past six months.
The third-largest holding is Meta Platforms Inc worth $16.4 billion and the next is Accenture plc worth $15.1 billion, with 43,503 shares owned.
Currently, Davis-rea Ltd's portfolio is worth at least $220 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 Davis-rea Ltd office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, John O'connell serves as the CEO at Davis-rea Ltd.
In the most recent 13F filing, Davis-rea Ltd revealed that it had opened a new position in
Ishares 20 Yr Treas Bond Fund and bought 142,005 shares worth $13.4 billion.
The investment fund also strengthened its position in Amazon.com by buying
2,917 additional shares.
This makes their stake in Amazon.com total 132,908 shares worth $24 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Davis-rea Ltd is getting rid of from its portfolio.
Davis-rea Ltd closed its position in Cboe Global Markets on 6th May 2024.
It sold the previously owned 35,000 shares for $6.25 billion.
John O'connell also disclosed a decreased stake in Meta Platforms Inc by 0.3%.
This leaves the value of the investment at $16.4 billion and 33,700 shares.
The two most similar investment funds to Davis-rea Ltd are Signature Wealth Management and Elevatus Welath Management. They manage $220 billion and $219 billion respectively.
Davis-rea Ltd’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 36.8% of
the total portfolio value.
The fund focuses on investments in the United States as
51.4% 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
66% of the total holdings value.
On the other hand, small-cap stocks make up only 5.7% of the portfolio.
The average market cap of the portfolio companies is close to $276 billion.
These positions were updated on May 6th 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 |
|---|---|---|---|
| Amazon.com Inc. |
2.24%
132,908
|
$23,973,945,000 | 10.92% |
| Alphabet Inc |
13.37%
112,789
|
$17,023,244,000 | 7.75% |
| Meta Platforms Inc |
25.74%
33,700
|
$16,364,046,000 | 7.45% |
| Accenture plc |
87.90%
43,503
|
$15,078,575,000 | 6.87% |
| Microsoft Corporation |
20.18%
35,071
|
$14,755,071,000 | 6.72% |
| Ishares 20 Yr Treas Bond Fund |
Opened
142,005
|
$13,436,513,000 | 6.12% |
| Stryker Corp. |
4.17%
34,936
|
$12,530,508,000 | 5.71% |
| Bank Of America Corp. |
41.00%
328,835
|
$12,469,423,000 | 5.68% |
| Thermo Fisher Scientific Inc. |
2.15%
19,433
|
$11,302,267,000 | 5.15% |
| Unitedhealth Group Inc |
103.17%
20,278
|
$10,031,527,000 | 4.57% |
| Synopsys, Inc. |
2.17%
15,747
|
$8,999,411,000 | 4.10% |
| Cloudflare Inc |
Opened
87,087
|
$8,432,634,000 | 3.84% |
| Mcdonald's Corp |
1.27%
29,211
|
$8,236,041,000 | 3.75% |
| PNC Financial Services Group Inc |
15.06%
44,372
|
$7,170,515,000 | 3.27% |
| Rockwell Automation Inc |
19.21%
23,379
|
$6,811,004,000 | 3.10% |
| Cboe Global Markets Inc. |
Closed
35,000
|
$6,249,600,000 | |
| First Horizon Corporation |
Closed
415,405
|
$5,944,446,000 | |
| Danaher Corp. |
3.12%
22,536
|
$5,633,775,000 | 2.57% |
| Apple Inc |
Closed
20,671
|
$3,979,788,000 | |
| JPMorgan Chase & Co. |
46.69%
19,022
|
$3,810,107,000 | 1.73% |
| Morgan Stanley |
Opened
40,300
|
$3,794,648,000 | 1.73% |
| Toronto Dominion Bank |
36.22%
60,183
|
$3,634,863,000 | 1.66% |
| Cintas Corporation |
14.48%
5,174
|
$3,554,693,000 | 1.62% |
| Royal Bank Of Canada |
17.89%
27,957
|
$2,821,807,000 | 1.28% |
| Brookfield Infrastructure Partners Lp |
13.41%
75,417
|
$2,353,765,000 | 1.07% |
| Brookfield Corporation Cl-a Lvs |
54.06%
28,048
|
$1,174,515,000 | 0.53% |
| Pepsico Inc |
3.28%
5,989
|
$1,055,836,000 | 0.48% |
| Fortis Inc. |
19.94%
24,435
|
$966,174,000 | 0.44% |
| Enbridge Inc |
44.67%
21,524
|
$778,400,000 | 0.35% |
| Home Depot, Inc. |
34.53%
1,773
|
$680,123,000 | 0.31% |
| Bank of Montreal |
30.92%
6,586
|
$643,494,000 | 0.29% |
| Bank Of Nova Scotia |
32.99%
11,885
|
$615,259,000 | 0.28% |
| Shopify Inc Cl-a Svs |
1.58%
7,150
|
$552,013,000 | 0.25% |
| Brookfield Infrastructure Corporation |
42.53%
9,017
|
$325,066,000 | 0.15% |
| Berkshire Hathaway-b Inc |
No change
590
|
$248,107,000 | 0.11% |
| Alphabet Inc |
9.27%
1,420
|
$216,209,000 | 0.10% |
| Pembina Pipeline Corporation |
Closed
6,102
|
$210,759,000 | |
| Baytex Energy Corp |
1.25%
19,780
|
$71,789,000 | 0.03% |
| Algonquin Power & Utilities Corp |
No change
10,929
|
$70,302,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 39 holdings | |||