American Assets Inc 13F annual report
American Assets Inc is an investment fund managing more than $272 billion ran by Julie Schwartz. There are currently 10 companies in Mrs. Schwartz’s portfolio. The largest investments include American Assets Tr Inc and Wells Fargo Co New, together worth $260 billion.
$272 billion Assets Under Management (AUM)
As of 24th July 2024, American Assets Inc’s top holding is 7,374,599 shares of American Assets Tr Inc currently worth over $165 billion and making up 60.7% of the portfolio value.
In addition, the fund holds 1,600,626 shares of Wells Fargo Co New worth $95.1 billion.
The third-largest holding is Exxon Mobil worth $4.03 billion and the next is Bank America Corp worth $3.48 billion, with 87,500 shares owned.
Currently, American Assets Inc's portfolio is worth at least $272 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 American Assets Inc
The American Assets Inc office and employees reside in San Diego, California. According to the last 13-F report filed with the SEC, Julie Schwartz serves as the Vice President and General Counsel at American Assets Inc.
One of the smaller hedge funds
The two most similar investment funds to American Assets Inc are Edenbrook Capital and Garrett Wealth Advisory. They manage $272 billion and $272 billion respectively.
Julie Schwartz investment strategy
American Assets Inc’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Energy — making up 1.8% of
the total portfolio value.
The fund focuses on investments in the United States as
20.0% 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
30% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $294 billion.
The complete list of American Assets Inc trades based on 13F SEC filings
These positions were updated on July 31st 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 |
|---|---|---|---|
| American Assets Tr Inc |
No change
7,374,599
|
$165,043,526,000 | 60.67% |
| Wells Fargo Co New |
No change
1,600,626
|
$95,061,178,000 | 34.94% |
| Exxon Mobil Corp. |
No change
35,000
|
$4,029,200,000 | 1.48% |
| Bank America Corp |
No change
87,500
|
$3,479,875,000 | 1.28% |
| Capital One Finl Corp |
No change
10,000
|
$1,384,500,000 | 0.51% |
| Toronto Dominion Bk Ont |
No change
15,000
|
$824,400,000 | 0.30% |
| Chevron Corp. |
No change
5,000
|
$782,100,000 | 0.29% |
| Simon Ppty Group Inc New |
No change
5,000
|
$759,000,000 | 0.28% |
| Truist Finl Corp |
No change
10,000
|
$388,500,000 | 0.14% |
| Anheuser-Busch InBev SA/NV |
No change
5,000
|
$290,750,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 10 holdings | |||
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