Probity Advisors 13F annual report

Probity Advisors is an investment fund managing more than $459 billion ran by Christopher Sorrow. There are currently 146 companies in Mr. Sorrow’s portfolio. The largest investments include Ishares Tr and Ishares Inc, together worth $247 billion.

Limited to 30 biggest holdings

$459 billion Assets Under Management (AUM)

As of 5th February 2024, Probity Advisors’s top holding is 2,939,705 shares of Ishares Tr currently worth over $237 billion and making up 51.7% of the portfolio value. In addition, the fund holds 182,791 shares of Ishares Inc worth $9.25 billion. The third-largest holding is Microsoft worth $8.26 billion and the next is Spdr Ser Tr worth $32.2 billion, with 639,900 shares owned.

Currently, Probity Advisors's portfolio is worth at least $459 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 Probity Advisors

The Probity Advisors office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Christopher Sorrow serves as the Chief Compliance Officer at Probity Advisors.

Recent trades

In the most recent 13F filing, Probity Advisors revealed that it had opened a new position in Ishares Tr and bought 1,392,413 shares worth $32 billion.

The investment fund also strengthened its position in Spdr Index Shs Fds by buying 16,203 additional shares. This makes their stake in Spdr Index Shs Fds total 381,096 shares worth $13.1 billion.

On the other hand, there are companies that Probity Advisors is getting rid of from its portfolio. Probity Advisors closed its position in Activision Blizzard Inc on 12th February 2024. It sold the previously owned 5,839 shares for $547 million. Christopher Sorrow also disclosed a decreased stake in Ishares Tr by 0.2%. This leaves the value of the investment at $237 billion and 2,939,705 shares.

One of the average hedge funds

The two most similar investment funds to Probity Advisors are Moreno Evelyn V and Hutchinson Capital Management/ca. They manage $459 billion and $459 billion respectively.


Christopher Sorrow investment strategy

Probity Advisors’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 6.4% of the total portfolio value. The fund focuses on investments in the United States as 54.1% 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 57% of the total holdings value. On the other hand, small-cap stocks make up only 1.4% of the portfolio. The average market cap of the portfolio companies is close to $159 billion.

The complete list of Probity Advisors trades based on 13F SEC filings

These positions were updated on February 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
Ishares Tr
16.89%
2,939,705
$237,440,876,000 51.73%
Ishares Inc
8.25%
182,791
$9,245,562,000 2.01%
Microsoft Corporation
4.82%
21,962
$8,258,590,000 1.80%
Spdr Ser Tr
23.92%
639,900
$32,195,290,000 7.01%
Spdr Index Shs Fds
4.44%
381,096
$13,063,548,000 2.85%
Invesco Exch Traded Fd Tr Ii
18.67%
259,820
$5,357,478,000 1.17%
Microchip Technology, Inc.
8.21%
44,377
$4,001,942,000 0.87%
Lam Research Corp.
11.12%
4,357
$3,412,664,000 0.74%
Vanguard Index Fds
2.97%
52,651
$11,443,727,000 2.49%
Eli Lilly Co
6.47%
4,771
$2,781,111,000 0.61%
Broadcom Inc.
4.40%
2,217
$2,474,726,000 0.54%
Ishares Tr
Opened
1,392,413
$32,006,430,000 6.97%
Abbvie Inc
2.09%
15,273
$2,366,857,000 0.52%
Texas Instrs Inc
0.38%
13,272
$2,262,429,000 0.49%
Starbucks Corp.
3.12%
22,166
$2,128,164,000 0.46%
Goldman Sachs Group, Inc.
4.76%
5,200
$2,006,004,000 0.44%
Arista Networks Inc
13.05%
7,922
$1,865,710,000 0.41%
Merck Co Inc
1.05%
16,972
$1,850,245,000 0.40%
Deere Co
5.32%
4,183
$1,672,656,000 0.36%
Amazon.com Inc.
10.57%
10,816
$1,643,383,000 0.36%
Johnson Johnson
3.21%
10,397
$1,629,659,000 0.36%
Bank America Corp
2.28%
47,482
$1,598,719,000 0.35%
Caterpillar Inc.
16.14%
5,346
$1,580,683,000 0.34%
Lockheed Martin Corp.
14.68%
3,453
$1,565,038,000 0.34%
Apple Inc
12.43%
7,795
$1,500,771,000 0.33%
Cisco Sys Inc
12.05%
28,492
$1,439,416,000 0.31%
Mcdonalds Corp
13.96%
4,838
$1,434,515,000 0.31%
Vanguard Scottsdale Fds
17.30%
17,510
$1,354,715,000 0.30%
Target Corp
5.36%
8,691
$1,237,755,000 0.27%
Intel Corp.
19.61%
24,257
$1,218,913,000 0.27%
Norfolk Southn Corp
3.01%
5,121
$1,210,502,000 0.26%
Alphabet Inc
6.61%
15,828
$2,221,296,000 0.48%
Smucker J M Co
1.73%
8,783
$1,109,996,000 0.24%
Conocophillips
0.04%
9,263
$1,075,156,000 0.23%
Public Svc Enterprise Grp In
0.37%
17,510
$1,070,737,000 0.23%
United Parcel Service, Inc.
1.92%
6,790
$1,067,592,000 0.23%
American Elec Pwr Co Inc
12.28%
13,136
$1,066,871,000 0.23%
Us Bancorp Del
3.52%
24,603
$1,064,818,000 0.23%
Bok Finl Corp
0.61%
12,308
$1,054,180,000 0.23%
Nutrien Ltd
4.88%
18,412
$1,037,222,000 0.23%
RPM International, Inc.
2.92%
9,216
$1,028,764,000 0.22%
United Rentals, Inc.
22.98%
1,793
$1,028,142,000 0.22%
Verizon Communications Inc
1.63%
27,105
$1,021,876,000 0.22%
Home Depot, Inc.
7.65%
2,947
$1,021,283,000 0.22%
Advanced Micro Devices Inc.
2.11%
6,897
$1,016,687,000 0.22%
Pfizer Inc.
3.30%
34,787
$1,001,530,000 0.22%
Vanguard Tax-managed Fds
No change
20,221
$968,574,000 0.21%
Bank Montreal Que
1.62%
9,787
$968,326,000 0.21%
Jpmorgan Chase Co
15.31%
5,654
$961,751,000 0.21%
Gilead Sciences, Inc.
13.51%
11,655
$944,172,000 0.21%
Toronto Dominion Bk Ont
4.56%
14,170
$915,665,000 0.20%
Archer Daniels Midland Co.
3.04%
11,436
$825,908,000 0.18%
Kraft Heinz Co
2.89%
22,309
$824,987,000 0.18%
BCE Inc
6.47%
20,840
$820,679,000 0.18%
Walmart Inc
1.18%
5,130
$808,705,000 0.18%
ServiceNow Inc
5.92%
1,096
$774,313,000 0.17%
Salesforce Inc
3.71%
2,903
$763,895,000 0.17%
Procter And Gamble Co
4.78%
5,145
$753,948,000 0.16%
Exxon Mobil Corp.
43.95%
7,428
$742,671,000 0.16%
Vanguard Intl Equity Index F
1.11%
24,747
$1,212,621,000 0.26%
Att Inc
10.82%
43,401
$728,267,000 0.16%
DTE Energy Co.
2.89%
6,594
$727,054,000 0.16%
Berkshire Hathaway Inc.
1.02%
1,987
$708,683,000 0.15%
Nike, Inc.
1.68%
6,504
$706,139,000 0.15%
Philip Morris International Inc
2.08%
7,469
$702,668,000 0.15%
Digital Rlty Tr Inc
0.50%
5,188
$698,201,000 0.15%
Albemarle Corp.
6.35%
4,780
$690,614,000 0.15%
Genuine Parts Co.
3.02%
4,872
$674,772,000 0.15%
Cullen Frost Bankers Inc.
15.48%
6,050
$656,365,000 0.14%
Phillips 66
0.73%
4,888
$650,788,000 0.14%
Restaurant Brands International Inc
2.10%
8,318
$649,876,000 0.14%
Union Pac Corp
1.03%
2,639
$648,191,000 0.14%
General Mls Inc
127.72%
9,876
$643,323,000 0.14%
Mondelez International Inc.
0.63%
8,580
$621,449,000 0.14%
Centene Corp.
1.49%
8,356
$620,099,000 0.14%
Adobe Inc
16.47%
999
$596,003,000 0.13%
Applied Matls Inc
11.78%
3,595
$582,642,000 0.13%
Diageo plc
5.87%
3,897
$567,637,000 0.12%
Spdr Sp 500 Etf Tr
22.82%
1,194
$567,520,000 0.12%
Blackrock Inc.
5.16%
699
$567,448,000 0.12%
Kellanova Co
17.55%
10,111
$565,306,000 0.12%
Sk Telecom Ltd
67.63%
26,394
$564,832,000 0.12%
Activision Blizzard Inc
Closed
5,839
$546,706,000
Sanofi
13.44%
10,781
$536,139,000 0.12%
Fedex Corp
2.55%
2,064
$522,004,000 0.11%
PayPal Holdings Inc
1.60%
8,431
$517,748,000 0.11%
AGCO Corp.
12.11%
4,145
$503,272,000 0.11%
Disney Walt Co
1.67%
5,528
$499,123,000 0.11%
Cognizant Technology Solutio
9.92%
6,541
$494,042,000 0.11%
Regency Ctrs Corp
7.36%
7,287
$488,229,000 0.11%
Chevron Corp.
5.05%
3,255
$485,516,000 0.11%
Equity Residential
7.79%
7,769
$475,152,000 0.10%
Visa Inc
24.43%
1,810
$471,234,000 0.10%
The Southern Co.
2.94%
6,600
$462,792,000 0.10%
Analog Devices Inc.
0.35%
2,320
$460,659,000 0.10%
Allete, Inc.
3.75%
7,312
$447,202,000 0.10%
Snap-on, Inc.
3.05%
1,496
$432,105,000 0.09%
C3.ai Inc
8.63%
14,666
$421,061,000 0.09%
Booking Holdings Inc
1.67%
118
$418,572,000 0.09%
Corteva Inc
0.80%
8,628
$413,454,000 0.09%
Kinder Morgan Inc
3.10%
23,318
$411,330,000 0.09%
Zimmer Biomet Holdings Inc
8.27%
3,348
$407,452,000 0.09%
Abbott Labs
6.59%
3,699
$407,149,000 0.09%
Duke Energy Corp.
3.83%
4,174
$405,045,000 0.09%
Shell Plc
3.67%
6,049
$398,024,000 0.09%
Meta Platforms Inc
10.27%
1,075
$380,507,000 0.08%
Medtronic Plc
Opened
4,524
$372,721,000 0.08%
GSK Plc
26.53%
9,939
$368,339,000 0.08%
Tyler Technologies, Inc.
5.88%
864
$361,256,000 0.08%
Pepsico Inc
20.21%
2,112
$358,714,000 0.08%
Oracle Corp.
3.45%
3,390
$357,408,000 0.08%
Crown Castle Inc
Opened
3,101
$357,204,000 0.08%
Shockwave Med Inc
2.52%
1,873
$356,919,000 0.08%
Zoetis Inc
0.44%
1,807
$356,676,000 0.08%
Ford Mtr Co Del
18.63%
29,119
$354,961,000 0.08%
Qualcomm, Inc.
3.65%
2,400
$347,112,000 0.08%
Conagra Brands Inc
27.80%
11,975
$343,204,000 0.07%
British Amern Tob Plc
1.77%
11,628
$340,584,000 0.07%
Pinnacle West Cap Corp
31.97%
4,739
$340,468,000 0.07%
Tyson Foods, Inc.
23.74%
5,962
$320,458,000 0.07%
3M Co.
7.92%
2,918
$318,996,000 0.07%
American Tower Corp.
Opened
1,477
$318,855,000 0.07%
Eaton Corp Plc
4.65%
1,291
$310,899,000 0.07%
Takeda Pharmaceutical Co
24.53%
21,778
$310,772,000 0.07%
Unitedhealth Group Inc
No change
583
$306,932,000 0.07%
Spdr Ser Tr
Closed
10,678
$306,672,000
KLA Corp.
3.83%
527
$306,345,000 0.07%
Capital One Finl Corp
12.39%
2,312
$303,149,000 0.07%
Taiwan Semiconductor Mfg Ltd
48.94%
2,897
$301,288,000 0.07%
Mosaic Co New
0.23%
8,419
$300,811,000 0.07%
Sl Green Rlty Corp
0.46%
6,651
$300,426,000 0.07%
Unilever plc
No change
5,973
$289,571,000 0.06%
Standard Mtr Prods Inc
1.68%
7,219
$287,388,000 0.06%
Avalonbay Cmntys Inc
16.75%
1,422
$266,227,000 0.06%
International Paper Co.
Opened
7,305
$264,076,000 0.06%
Omnicom Group, Inc.
Closed
3,403
$253,455,000
Accenture Plc Ireland
No change
713
$250,199,000 0.05%
Palantir Technologies Inc.
5.51%
14,380
$246,905,000 0.05%
Flex Ltd
8.69%
7,983
$243,162,000 0.05%
Healthpeak Properties Inc.
Opened
12,190
$241,362,000 0.05%
Valero Energy Corp.
4.10%
1,846
$239,980,000 0.05%
Coca-Cola Co
Closed
4,170
$233,437,000
Fidelity National Financial Inc
Opened
4,541
$231,682,000 0.05%
Illumina Inc
19.45%
1,640
$228,354,000 0.05%
Honeywell International Inc
Opened
1,053
$220,825,000 0.05%
Boston Properties, Inc.
Opened
3,097
$217,316,000 0.05%
Constellation Brands, Inc.
25.15%
875
$211,531,000 0.05%
Electronic Arts, Inc.
Closed
1,750
$210,700,000
American Express Co.
22.07%
1,091
$204,388,000 0.04%
Energy Transfer L P
0.62%
13,514
$186,493,000 0.04%
SoFi Technologies, Inc.
Opened
14,386
$143,141,000 0.03%
Paramount Global
Closed
10,953
$141,294,000
No transactions found
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