Chemung Canal Trust Co 13F annual report
Chemung Canal Trust Co is an investment fund managing more than $517 billion ran by Thomas Wirth. There are currently 92 companies in Mr. Wirth’s portfolio. The largest investments include Sector Spdr and Microsoft, together worth $165 billion.
$517 billion Assets Under Management (AUM)
As of 10th July 2024, Chemung Canal Trust Co’s top holding is 1,213,080 shares of Sector Spdr currently worth over $137 billion and making up 26.6% of the portfolio value.
In addition, the fund holds 62,343 shares of Microsoft worth $27.9 billion, whose value grew 15.4% in the past six months.
The third-largest holding is Chemung worth $16.3 billion and the next is Ishares worth $41.7 billion, with 263,216 shares owned.
Currently, Chemung Canal Trust Co's portfolio is worth at least $517 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 Chemung Canal Trust Co
The Chemung Canal Trust Co office and employees reside in Elmira, New York. According to the last 13-F report filed with the SEC, Thomas Wirth serves as the Executive Vice President at Chemung Canal Trust Co.
Recent trades
In the most recent 13F filing, Chemung Canal Trust Co revealed that it had opened a new position in
Sprott and bought 290,593 shares worth $5.25 billion.
This means they effectively own approximately 0.1% of the company.
Sprott makes up
14.9%
of the fund's Finance sector allocation and has grown its share price by 36.0% in the past year.
The investment fund also strengthened its position in Alphabet Inc by buying
20,008 additional shares.
This makes their stake in Alphabet Inc total 58,236 shares worth $10.7 billion.
Alphabet Inc soared 47.5% in the past year.
On the other hand, there are companies that Chemung Canal Trust Co is getting rid of from its portfolio.
Chemung Canal Trust Co closed its position in Starbucks on 17th July 2024.
It sold the previously owned 10,993 shares for $1 billion.
Thomas Wirth also disclosed a decreased stake in Sector Spdr by approximately 0.1%.
This leaves the value of the investment at $137 billion and 1,213,080 shares.
One of the average hedge funds
The two most similar investment funds to Chemung Canal Trust Co are Almanack Investment Partners, and Rhino Investment Partners, Inc. They manage $517 billion and $516 billion respectively.
Thomas Wirth investment strategy
Chemung Canal Trust Co’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 9.0% of
the total portfolio value.
The fund focuses on investments in the United States as
32.6% 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 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $269 billion.
The complete list of Chemung Canal Trust Co trades based on 13F SEC filings
These positions were updated on July 17th 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 |
|---|---|---|---|
| Sector Spdr |
4.38%
1,213,080
|
$137,461,632,000 | 26.61% |
| Microsoft Corporation |
4.10%
62,343
|
$27,864,221,000 | 5.39% |
| Chemung Financial Corp. |
0.94%
339,181
|
$16,280,688,000 | 3.15% |
| Ishares |
0.58%
263,216
|
$41,748,138,000 | 8.08% |
| Jpmorgan |
6.78%
64,630
|
$13,072,073,000 | 2.53% |
| Merck |
0.82%
104,541
|
$12,942,176,000 | 2.51% |
| Spdr |
2.28%
107,397
|
$14,285,125,000 | 2.77% |
| Amazon.com Inc. |
5.12%
52,680
|
$10,180,427,000 | 1.97% |
| Procter |
1.44%
61,157
|
$10,086,013,000 | 1.95% |
| Johnson |
2.17%
95,590
|
$11,781,314,000 | 2.28% |
| Alphabet Inc |
52.34%
58,236
|
$10,673,119,000 | 2.07% |
| American |
8.75%
38,299
|
$8,868,143,000 | 1.72% |
| Apple Inc |
3.20%
41,406
|
$8,720,938,000 | 1.69% |
| Wal-mart |
6.67%
126,683
|
$8,577,703,000 | 1.66% |
| Emerson |
87.08%
74,139
|
$8,167,150,000 | 1.58% |
| Union |
1.17%
35,521
|
$8,036,982,000 | 1.56% |
| Colgate-Palmolive Co. |
8.27%
81,338
|
$7,893,041,000 | 1.53% |
| Invesco Ltd |
No change
16,332
|
$7,824,829,000 | 1.51% |
| Pepsico |
1.50%
46,473
|
$7,664,794,000 | 1.48% |
| Berkshire |
2.49%
18,174
|
$7,393,185,000 | 1.43% |
| Thermo |
53.95%
10,475
|
$5,792,675,000 | 1.12% |
| Deere & Co. |
1.31%
15,471
|
$5,780,431,000 | 1.12% |
| Booking Holdings Inc |
32.00%
1,375
|
$5,447,088,000 | 1.05% |
| Sprott Inc. |
Opened
290,593
|
$5,248,118,000 | 1.02% |
| Ecolab, Inc. |
28.71%
21,467
|
$5,109,146,000 | 0.99% |
| Visa Inc |
0.07%
19,421
|
$5,097,428,000 | 0.99% |
| Walt |
2.69%
49,944
|
$4,958,941,000 | 0.96% |
| Mcdonalds Corp |
5.86%
19,443
|
$4,954,853,000 | 0.96% |
| Zimmer |
1.67%
42,723
|
$4,636,728,000 | 0.90% |
| The |
0.45%
22,626
|
$4,600,775,000 | 0.89% |
| Constellation Brands Inc A |
0.39%
17,682
|
$4,549,221,000 | 0.88% |
| Bank |
8.84%
110,191
|
$4,382,298,000 | 0.85% |
| Us Bancorp |
1.19%
107,307
|
$4,260,098,000 | 0.82% |
| Intercontinental |
0.53%
29,498
|
$4,037,986,000 | 0.78% |
| Home |
3.73%
11,475
|
$3,950,153,000 | 0.76% |
| Medtronic |
4.15%
49,888
|
$3,926,686,000 | 0.76% |
| Coca-Cola Co |
2.53%
60,923
|
$3,877,756,000 | 0.75% |
| Corning, Inc. |
3.04%
96,542
|
$3,750,660,000 | 0.73% |
| Canadian |
3.22%
24,035
|
$2,839,257,000 | 0.55% |
| Unitedhealth |
0.96%
5,159
|
$2,627,273,000 | 0.51% |
| Honeywell International Inc |
0.58%
12,144
|
$2,593,233,000 | 0.50% |
| Chevron Corp. |
0.29%
13,965
|
$2,184,405,000 | 0.42% |
| AMGEN Inc. |
0.11%
6,979
|
$2,180,599,000 | 0.42% |
| Ishares |
Opened
32,062
|
$2,108,091,000 | 0.41% |
| Applied |
6.56%
8,314
|
$1,962,025,000 | 0.38% |
| Adobe Inc |
51.01%
3,469
|
$1,927,169,000 | 0.37% |
| Pfizer Inc. |
8.94%
66,853
|
$1,870,544,000 | 0.36% |
| Novo |
1.13%
11,837
|
$1,689,616,000 | 0.33% |
| Bristol |
1.32%
40,470
|
$1,680,718,000 | 0.33% |
| Exxon |
2.23%
14,578
|
$1,678,221,000 | 0.32% |
| Morgan |
No change
15,531
|
$1,509,463,000 | 0.29% |
| RTX Corp |
7.14%
13,985
|
$1,403,955,000 | 0.27% |
| Duke |
3.74%
13,793
|
$1,382,474,000 | 0.27% |
| Abbott |
6.89%
13,041
|
$1,355,093,000 | 0.26% |
| General |
6.19%
3,852
|
$1,117,623,000 | 0.22% |
| Southern Company |
0.22%
13,777
|
$1,068,681,000 | 0.21% |
| Verizon |
12.54%
24,470
|
$1,009,145,000 | 0.20% |
| Starbucks Corp. |
Closed
10,993
|
$1,004,655,000 | |
| Lockheed |
4.50%
2,100
|
$980,911,000 | 0.19% |
| Goldman |
2.41%
2,166
|
$979,726,000 | 0.19% |
| Cisco |
28.06%
19,855
|
$943,314,000 | 0.18% |
| Analog Devices Inc. |
10.09%
4,115
|
$939,290,000 | 0.18% |
| Salesforce Inc |
82.45%
3,335
|
$857,434,000 | 0.17% |
| Trane |
No change
2,593
|
$852,915,000 | 0.17% |
| Comcast |
23.01%
20,321
|
$795,770,000 | 0.15% |
| Paychex Inc. |
7.54%
6,631
|
$786,170,000 | 0.15% |
| Texas |
1.39%
3,797
|
$738,630,000 | 0.14% |
| Tjx |
42.78%
5,998
|
$660,383,000 | 0.13% |
| Automatic |
6.92%
2,692
|
$642,553,000 | 0.12% |
| Kenvue |
3.35%
35,089
|
$637,921,000 | 0.12% |
| Vanguard |
No change
3,282
|
$864,638,000 | 0.17% |
| Truist |
0.61%
13,404
|
$520,746,000 | 0.10% |
| Blackrock Inc. |
2.47%
622
|
$489,714,000 | 0.09% |
| Carrier |
4.11%
7,590
|
$478,777,000 | 0.09% |
| Dominion |
No change
9,511
|
$466,039,000 | 0.09% |
| Nextera |
19.70%
6,505
|
$460,619,000 | 0.09% |
| Rockwell Automation Inc |
19.55%
1,609
|
$442,928,000 | 0.09% |
| Palo |
8.17%
1,237
|
$419,355,000 | 0.08% |
| O'reilly |
18.79%
389
|
$410,807,000 | 0.08% |
| Danaher Corp. |
No change
1,584
|
$395,763,000 | 0.08% |
| Eli |
18.38%
413
|
$373,922,000 | 0.07% |
| Royal |
4.33%
3,427
|
$364,564,000 | 0.07% |
| Mastercard Incorporated |
1.78%
826
|
$364,397,000 | 0.07% |
| Standard & Poors |
No change
664
|
$361,362,000 | 0.07% |
| ServiceNow Inc |
35.22%
434
|
$341,415,000 | 0.07% |
| Otis |
8.70%
3,483
|
$335,277,000 | 0.06% |
| Laboratory Crp Of Amer Hldgs |
Closed
1,432
|
$312,836,000 | |
| Abbvie Inc |
Closed
1,700
|
$309,571,000 | |
| Costco |
45.94%
353
|
$300,048,000 | 0.06% |
| Labcorp Holdings Inc. |
Opened
1,432
|
$291,426,000 | 0.06% |
| Marriott International, Inc. |
1.13%
1,133
|
$273,927,000 | 0.05% |
| Stryker Corp. |
5.58%
779
|
$265,057,000 | 0.05% |
| Ishares |
Closed
702
|
$236,609,000 | |
| Intel Corp. |
Closed
5,330
|
$235,426,000 | |
| Illinois |
Closed
813
|
$218,152,000 | |
| Intl |
7.91%
1,210
|
$209,270,000 | 0.04% |
| Ingersoll |
No change
2,249
|
$204,299,000 | 0.04% |
| Highlands |
No change
10,497
|
$497,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 98 holdings | |||
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