Karp Capital Management Corp 13F annual report
Karp Capital Management Corp is an investment fund managing more than $543 million ran by Peter Karp. There are currently 84 companies in Mr. Karp’s portfolio. The largest investments include Ishares Tr and Apple Inc, together worth $224 million.
$543 million Assets Under Management (AUM)
As of 7th May 2021, Karp Capital Management Corp’s top holding is 2,519,107 shares of Ishares Tr currently worth over $210 million and making up 38.7% of the portfolio value.
In addition, the fund holds 116,977 shares of Apple Inc worth $14.3 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is First Tr Exch Traded Fd Iii worth $23.1 million and the next is Vanguard Specialized Funds worth $12.6 million, with 85,576 shares owned.
Currently, Karp Capital Management Corp's portfolio is worth at least $543 million. 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 Karp Capital Management Corp
The Karp Capital Management Corp office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Peter Karp serves as the President at Karp Capital Management Corp.
Recent trades
In the most recent 13F filing, Karp Capital Management Corp revealed that it had opened a new position in
Ishares Tr and bought 335,691 shares worth $17.1 million.
The investment fund also strengthened its position in Ishares Tr by buying
160,995 additional shares.
This makes their stake in Ishares Tr total 2,519,107 shares worth $210 million.
On the other hand, there are companies that Karp Capital Management Corp is getting rid of from its portfolio.
Karp Capital Management Corp closed its position in Ishares Tr on 14th May 2021.
It sold the previously owned 87,294 shares for $4.77 million.
Peter Karp also disclosed a decreased stake in First Tr Exchange-traded Fd by approximately 0.1%.
This leaves the value of the investment at $16 million and 198,345 shares.
One of the average hedge funds
The two most similar investment funds to Karp Capital Management Corp are Ikarian Capital and Carlson Capital Management. They manage $543 million and $542 million respectively.
Peter Karp investment strategy
Karp Capital Management Corp’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 7.0% of
the total portfolio value.
The fund focuses on investments in the United States as
45.2% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $305 billion.
The complete list of Karp Capital Management Corp trades based on 13F SEC filings
These positions were updated on May 14th 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 |
|---|---|---|---|
| Ishares Tr |
6.83%
2,519,107
|
$209,835,000 | 38.66% |
| Apple Inc |
4.66%
116,977
|
$14,289,000 | 2.63% |
| First Tr Exch Traded Fd Iii |
13.25%
903,847
|
$23,062,000 | 4.25% |
| Vanguard Specialized Funds |
9.02%
85,576
|
$12,586,000 | 2.32% |
| Fidelity Covington Trust |
7.54%
200,774
|
$11,838,000 | 2.18% |
| Select Sector Spdr Tr |
13.58%
215,719
|
$15,516,000 | 2.86% |
| Invesco Exch Traded Fd Tr Ii |
16.51%
319,047
|
$10,219,000 | 1.88% |
| Alphabet Inc |
4.51%
4,539
|
$9,364,000 | 1.73% |
| First Tr Exchange-traded Fd |
8.76%
198,345
|
$16,015,000 | 2.95% |
| Amazon.com Inc. |
4.59%
2,688
|
$8,317,000 | 1.53% |
| Ishares Tr |
Opened
335,691
|
$17,141,000 | 3.16% |
| Microsoft Corporation |
6.19%
33,028
|
$7,787,000 | 1.43% |
| Vaneck Vectors Etf Tr |
256.58%
327,885
|
$9,786,000 | 1.80% |
| Spdr Ser Tr |
6.58%
275,367
|
$13,020,000 | 2.40% |
| Vanguard World Fd |
Opened
50,550
|
$6,345,000 | 1.17% |
| Vanguard World Fds |
3.25%
17,519
|
$6,280,000 | 1.16% |
| Innovator Etfs Tr |
0.73%
464,915
|
$13,220,000 | 2.44% |
| JPMorgan Chase & Co. |
8.61%
35,228
|
$5,363,000 | 0.99% |
| Invesco Exchange Traded Fd T |
Opened
95,586
|
$8,489,000 | 1.56% |
| Vanguard Index Fds |
3.13%
14,250
|
$5,191,000 | 0.96% |
| Adobe Systems Incorporated |
10.17%
10,775
|
$5,122,000 | 0.94% |
| Disney Walt Co |
3.56%
27,637
|
$5,100,000 | 0.94% |
| First Tr Exchange Trad Fd Vi |
8.59%
239,550
|
$5,016,000 | 0.92% |
| Proshares Tr |
29.77%
42,533
|
$4,984,000 | 0.92% |
| Salesforce.Com Inc |
13.89%
23,136
|
$4,902,000 | 0.90% |
| Whirlpool Corp. |
32.64%
20,928
|
$4,611,000 | 0.85% |
| Broadcom Inc. |
12.06%
9,581
|
$4,443,000 | 0.82% |
| Ishares Tr |
Closed
87,294
|
$4,768,000 | |
| Johnson & Johnson |
13.64%
25,718
|
$4,227,000 | 0.78% |
| Kraneshares Tr |
28.85%
54,387
|
$4,152,000 | 0.76% |
| Global X Fds |
44.58%
183,221
|
$4,962,000 | 0.91% |
| Paycom Software Inc |
7.70%
11,059
|
$4,092,000 | 0.75% |
| Take-two Interactive Softwar |
10.07%
21,906
|
$3,871,000 | 0.71% |
| Walmart Inc |
22.58%
27,296
|
$3,708,000 | 0.68% |
| Jefferies Finl Group Inc |
Opened
122,066
|
$3,674,000 | 0.68% |
| Unitedhealth Group Inc |
17.84%
9,699
|
$3,609,000 | 0.66% |
| Fedex Corp |
Opened
12,583
|
$3,574,000 | 0.66% |
| Intuitive Surgical Inc |
11.86%
4,650
|
$3,436,000 | 0.63% |
| Okta Inc |
16.45%
15,584
|
$3,435,000 | 0.63% |
| Humana Inc. |
25.52%
7,718
|
$3,236,000 | 0.60% |
| Bristol-Myers Squibb Co. |
Closed
51,455
|
$3,192,000 | |
| NetFlix Inc |
13.35%
5,376
|
$2,804,000 | 0.52% |
| Honeywell International Inc |
10.04%
12,752
|
$2,768,000 | 0.51% |
| Lululemon Athletica inc. |
20.88%
8,783
|
$2,694,000 | 0.50% |
| Direxion Shs Etf Tr |
21.85%
27,639
|
$2,474,000 | 0.46% |
| Visa Inc |
53.85%
11,486
|
$2,432,000 | 0.45% |
| Vanguard Star Fds |
15.94%
27,944
|
$1,752,000 | 0.32% |
| J P Morgan Exchange-traded F |
1.31%
31,379
|
$1,593,000 | 0.29% |
| Thermo Fisher Scientific Inc. |
24.96%
3,178
|
$1,450,000 | 0.27% |
| Aberdeen Std Precious Metals |
Closed
14,337
|
$1,419,000 | |
| Ishares Inc |
86.35%
87,197
|
$3,252,000 | 0.60% |
| Blackrock Munihldngs Cali Ql |
20.62%
80,487
|
$1,211,000 | 0.22% |
| Blackrock Muniyield Calif Fd |
24.22%
77,054
|
$1,136,000 | 0.21% |
| PayPal Holdings Inc |
247.59%
4,470
|
$1,085,000 | 0.20% |
| India Fd Inc |
121.76%
48,278
|
$1,036,000 | 0.19% |
| ServiceNow Inc |
9.92%
2,050
|
$1,025,000 | 0.19% |
| Vanguard Intl Equity Index F |
Opened
7,827
|
$1,005,000 | 0.19% |
| Ishares Inc |
Closed
54,084
|
$1,459,000 | |
| Anthem Inc |
Closed
2,515
|
$808,000 | |
| Berkshire Hathaway Inc. |
5.40%
3,104
|
$793,000 | 0.15% |
| Uber Technologies Inc |
0.58%
13,098
|
$714,000 | 0.13% |
| Mcdonalds Corp |
3.54%
2,924
|
$655,000 | 0.12% |
| Ishares Inc |
Opened
15,182
|
$1,134,000 | 0.21% |
| Varian Med Sys Inc |
0.22%
3,146
|
$555,000 | 0.10% |
| General Electric Co. |
Closed
48,662
|
$526,000 | |
| Spdr Gold Tr |
90.17%
3,175
|
$508,000 | 0.09% |
| Spdr S&p 500 Etf Tr |
No change
1,276
|
$506,000 | 0.09% |
| LendingClub Corp |
Opened
26,934
|
$445,000 | 0.08% |
| NVIDIA Corp |
104.21%
825
|
$440,000 | 0.08% |
| Ssga Active Etf Tr |
83.78%
7,072
|
$341,000 | 0.06% |
| Vmware Inc. |
Closed
2,271
|
$319,000 | |
| J2 Global Inc. |
Opened
2,644
|
$317,000 | 0.06% |
| Us Bancorp Del |
Opened
5,677
|
$314,000 | 0.06% |
| Encompass Health Corp |
No change
3,700
|
$303,000 | 0.06% |
| Shopify Inc |
Opened
258
|
$285,000 | 0.05% |
| Cisco Sys Inc |
12.38%
5,445
|
$282,000 | 0.05% |
| Solaredge Technologies Inc |
Opened
975
|
$280,000 | 0.05% |
| Vanguard World Fd |
No change
3,701
|
$273,000 | 0.05% |
| Vanguard Index Fds |
Opened
3,842
|
$511,000 | 0.09% |
| First Tr Exchng Traded Fd Vi |
0.16%
7,348
|
$264,000 | 0.05% |
| Costco Whsl Corp New |
Closed
691
|
$260,000 | |
| Qualcomm, Inc. |
5.46%
1,931
|
$256,000 | 0.05% |
| Square Inc |
37.39%
1,090
|
$247,000 | 0.05% |
| L3Harris Technologies Inc |
Opened
1,216
|
$246,000 | 0.05% |
| Zillow Group Inc |
Opened
1,883
|
$244,000 | 0.04% |
| Alibaba Group Hldg Ltd |
Opened
1,076
|
$244,000 | 0.04% |
| Facebook Inc |
47.44%
811
|
$239,000 | 0.04% |
| EBay Inc. |
Opened
3,615
|
$221,000 | 0.04% |
| Chevron Corp. |
Opened
2,103
|
$220,000 | 0.04% |
| DocuSign Inc |
Closed
952
|
$212,000 | |
| Roku Inc |
Opened
648
|
$211,000 | 0.04% |
| Colgate-Palmolive Co. |
Closed
2,373
|
$203,000 | |
| Glu Mobile Inc |
76.43%
11,849
|
$148,000 | 0.03% |
| Gevo Inc |
Opened
10,000
|
$98,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 94 holdings | |||
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