Alhambra Investment Management 13F annual report

Alhambra Investment Management is an investment fund managing more than $182 billion ran by Marcelo Perez. There are currently 145 companies in Mr. Perez’s portfolio. The largest investments include Apple Inc and Vanguard Scottsdale Fds, together worth $24.5 billion.

$182 billion Assets Under Management (AUM)

As of 8th July 2024, Alhambra Investment Management’s top holding is 55,234 shares of Apple Inc currently worth over $11.6 billion and making up 6.4% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Alhambra Investment Management owns more than approximately 0.1% of the company. In addition, the fund holds 220,114 shares of Vanguard Scottsdale Fds worth $12.9 billion. The third-largest holding is Ishares Gold Tr worth $5.28 billion and the next is Ishares Tr worth $32.1 billion, with 509,100 shares owned.

Currently, Alhambra Investment Management's portfolio is worth at least $182 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 Alhambra Investment Management

The Alhambra Investment Management office and employees reside in Palmetto Bay, Florida. According to the last 13-F report filed with the SEC, Marcelo Perez serves as the COO at Alhambra Investment Management.

Recent trades

In the most recent 13F filing, Alhambra Investment Management revealed that it had opened a new position in Ishares Tr and bought 35,980 shares worth $3.58 billion.

The investment fund also strengthened its position in Ishares Tr by buying 11,647 additional shares. This makes their stake in Ishares Tr total 509,100 shares worth $32.1 billion.

On the other hand, there are companies that Alhambra Investment Management is getting rid of from its portfolio. Alhambra Investment Management closed its position in Ishares Tr on 15th July 2024. It sold the previously owned 26,787 shares for $2.54 billion. Marcelo Perez also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $11.6 billion and 55,234 shares.

One of the smallest hedge funds

The two most similar investment funds to Alhambra Investment Management are Alpha Dna Investment Management and Peirce Capital Management. They manage $182 billion and $182 billion respectively.


Marcelo Perez investment strategy

Alhambra Investment Management’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 9.9% of the total portfolio value. The fund focuses on investments in the United States as 56.6% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 0.7% of the portfolio. The average market cap of the portfolio companies is close to $186 billion.

The complete list of Alhambra Investment Management trades based on 13F SEC filings

These positions were updated on July 15th 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
Apple Inc
0.33%
55,234
$11,633,354,000 6.38%
Vanguard Scottsdale Fds
20.98%
220,114
$12,906,688,000 7.08%
Ishares Gold Tr
19.80%
120,261
$5,283,066,000 2.90%
Ishares Tr
2.34%
509,100
$32,120,170,000 17.63%
Costco Whsl Corp New
1.37%
6,126
$5,207,039,000 2.86%
Schwab Strategic Tr
103.76%
216,095
$9,931,300,000 5.45%
Alphabet Inc
0.22%
34,630
$6,326,397,000 3.47%
Invesco Exchange Traded Fd T
76.86%
35,484
$3,647,046,000 2.00%
Ishares Tr
Opened
35,980
$3,579,650,000 1.96%
Vanguard Index Fds
31.69%
65,419
$9,390,478,000 5.15%
Microsoft Corporation
1.95%
7,585
$3,390,189,000 1.86%
Ishares Tr
Closed
26,787
$2,535,659,000
Invesco Actvely Mngd Etc Fd
34.24%
172,538
$2,424,156,000 1.33%
Wisdomtree Tr
Closed
67,341
$2,200,693,000
Berkshire Hathaway Inc.
1.00%
5,355
$2,178,414,000 1.20%
Vanguard Intl Equity Index F
7.20%
53,626
$2,175,607,000 1.19%
Invesco Exch Traded Fd Tr Ii
Closed
65,003
$2,137,297,000
Intuitive Surgical Inc
No change
4,500
$2,001,825,000 1.10%
Home Depot, Inc.
0.37%
5,706
$1,964,134,000 1.08%
Qualcomm, Inc.
0.55%
8,325
$1,658,174,000 0.91%
JPMorgan Chase & Co.
0.18%
7,630
$1,543,242,000 0.85%
Pepsico Inc
0.20%
9,177
$1,513,583,000 0.83%
Johnson & Johnson
2.72%
8,967
$1,310,674,000 0.72%
Visa Inc
3.25%
4,554
$1,195,304,000 0.66%
Cisco Sys Inc
12.40%
24,855
$1,180,846,000 0.65%
NextEra Energy Inc
0.17%
16,612
$1,176,296,000 0.65%
Ishares U S Etf Tr
Opened
41,794
$1,141,394,000 0.63%
Garmin Ltd
10.43%
6,965
$1,134,738,000 0.62%
AMGEN Inc.
9.17%
3,513
$1,097,637,000 0.60%
Merck & Co Inc
0.29%
8,704
$1,077,574,000 0.59%
GE Aerospace
30.52%
6,339
$1,007,711,000 0.55%
Amazon.com Inc.
1.24%
5,054
$976,686,000 0.54%
Procter And Gamble Co
0.03%
5,719
$943,200,000 0.52%
American Express Co.
3.60%
4,015
$929,673,000 0.51%
Pnc Finl Svcs Group Inc
0.61%
5,791
$900,385,000 0.49%
Mcdonalds Corp
0.55%
3,464
$882,741,000 0.48%
PayPal Holdings Inc
Opened
15,077
$874,918,000 0.48%
Chevron Corp.
6.56%
5,409
$846,021,000 0.46%
Netflix Inc.
29.74%
1,169
$788,935,000 0.43%
Vanguard Bd Index Fds
1.34%
10,272
$787,893,000 0.43%
Carlisle Cos Inc
2.02%
1,943
$787,339,000 0.43%
Coca-Cola Co
No change
12,263
$780,537,000 0.43%
Parker-Hannifin Corp.
2.87%
1,490
$753,672,000 0.41%
Oracle Corp.
No change
5,300
$748,360,000 0.41%
Disney Walt Co
2.76%
7,417
$736,393,000 0.40%
Automatic Data Processing In
0.36%
3,081
$735,404,000 0.40%
RTX Corp
0.03%
7,302
$733,048,000 0.40%
Adobe Inc
0.38%
1,316
$731,091,000 0.40%
Shell Plc
3.67%
10,060
$726,131,000 0.40%
Telephone & Data Sys Inc
46.88%
34,000
$704,820,000 0.39%
Walmart Inc
No change
10,356
$701,205,000 0.38%
Accenture Plc Ireland
1.30%
2,278
$691,168,000 0.38%
Sony Group Corp
Opened
8,079
$686,311,000 0.38%
Cigna Group (The)
No change
2,073
$685,272,000 0.38%
Lowes Cos Inc
No change
3,100
$683,426,000 0.38%
Autodesk Inc.
23.18%
2,727
$674,796,000 0.37%
J P Morgan Exchange Traded F
3.62%
13,310
$671,756,000 0.37%
Stryker Corp.
No change
1,958
$666,210,000 0.37%
Danaher Corp.
0.04%
2,641
$659,932,000 0.36%
3M Co.
Opened
6,355
$649,417,000 0.36%
Tjx Cos Inc New
5.83%
5,844
$643,424,000 0.35%
Cognizant Technology Solutio
34.70%
9,417
$640,330,000 0.35%
CVS Health Corp
Closed
7,983
$636,740,000
Yum Brands Inc.
6.14%
4,589
$607,816,000 0.33%
Exxon Mobil Corp.
15.20%
5,243
$603,574,000 0.33%
Molson Coors Beverage Company
42.96%
11,830
$601,319,000 0.33%
Ge Healthcare Technologies I
5.98%
7,363
$573,725,000 0.31%
Starbucks Corp.
0.83%
7,279
$566,670,000 0.31%
Abbvie Inc
21.55%
3,131
$537,109,000 0.29%
Novartis AG
No change
5,034
$535,920,000 0.29%
IAC Inc
5.75%
11,357
$532,075,000 0.29%
Unitedhealth Group Inc
No change
1,044
$531,667,000 0.29%
Eaton Corp Plc
2.05%
1,670
$523,629,000 0.29%
Cintas Corporation
6.90%
742
$519,593,000 0.29%
GSK Plc
11.26%
13,481
$519,019,000 0.28%
Coca-cola Femsa Sab De Cv
19.47%
6,032
$517,787,000 0.28%
Meta Platforms Inc
6.58%
1,004
$506,237,000 0.28%
Travelers Companies Inc.
No change
2,420
$492,083,000 0.27%
Target Corp
0.62%
3,272
$484,387,000 0.27%
Halozyme Therapeutics Inc.
Opened
9,190
$481,188,000 0.26%
Spdr Gold Tr
11.97%
2,235
$480,547,000 0.26%
Republic Svcs Inc
No change
2,472
$480,408,000 0.26%
Toronto Dominion Bk Ont
4.11%
8,626
$474,085,000 0.26%
Liberty Media Corp.
Opened
21,194
$469,659,000 0.26%
Eli Lilly & Co
No change
515
$466,271,000 0.26%
Northrop Grumman Corp.
No change
1,048
$456,876,000 0.25%
Thermo Fisher Scientific Inc.
3.75%
822
$454,566,000 0.25%
Aflac Inc.
1.03%
4,992
$445,836,000 0.24%
Abbott Labs
4.64%
4,156
$431,850,000 0.24%
Prologis Inc
1.96%
3,807
$427,564,000 0.23%
Tesla Inc
No change
2,100
$415,548,000 0.23%
Best Buy Co. Inc.
Opened
4,848
$408,638,000 0.22%
Factset Resh Sys Inc
No change
990
$404,187,000 0.22%
Spdr Index Shs Fds
Closed
15,216
$396,978,000
Bank New York Mellon Corp
No change
6,455
$386,590,000 0.21%
Diageo plc
No change
3,005
$378,870,000 0.21%
Bristol-Myers Squibb Co.
51.01%
8,813
$366,012,000 0.20%
Global X Fds
4.54%
10,248
$365,136,000 0.20%
Colgate-Palmolive Co.
No change
3,600
$349,344,000 0.19%
Constellation Brands, Inc.
0.07%
1,335
$343,469,000 0.19%
YETI Holdings Inc
Opened
8,691
$331,562,000 0.18%
Willis Towers Watson Plc Ltd
No change
1,260
$330,296,000 0.18%
General Dynamics Corp.
0.36%
1,122
$325,537,000 0.18%
Wabash Natl Corp
43.31%
14,886
$325,110,000 0.18%
Unum Group
Closed
6,004
$322,175,000
Green Brick Partners, Inc.
Opened
5,603
$320,716,000 0.18%
WEC Energy Group Inc
No change
4,085
$320,509,000 0.18%
Mondelez International Inc.
2.91%
4,878
$319,216,000 0.18%
Viatris Inc.
19.42%
29,919
$318,039,000 0.17%
Pfizer Inc.
25.17%
11,265
$315,192,000 0.17%
Steelcase, Inc.
5.47%
24,226
$313,969,000 0.17%
American Eagle Outfitters In
7.84%
15,275
$304,889,000 0.17%
Kinder Morgan Inc
48.07%
15,229
$302,600,000 0.17%
Markel Group Inc
28.86%
192
$302,527,000 0.17%
Vanguard Mun Bd Fds
Opened
6,000
$300,660,000 0.17%
Verizon Communications Inc
21.02%
7,289
$300,598,000 0.16%
Photronics, Inc.
14.83%
12,183
$300,555,000 0.16%
Mid-amer Apt Cmntys Inc
No change
2,100
$299,481,000 0.16%
KLA Corp.
3.97%
363
$299,297,000 0.16%
Capital One Finl Corp
8.94%
2,128
$294,622,000 0.16%
PDD Holdings Inc
Opened
2,200
$292,490,000 0.16%
Gap, Inc.
18.56%
12,132
$289,833,000 0.16%
American Elec Pwr Co Inc
Opened
3,193
$280,154,000 0.15%
Deere & Co.
No change
742
$277,375,000 0.15%
Leidos Holdings Inc
No change
1,900
$277,172,000 0.15%
Allegion plc
No change
2,333
$275,644,000 0.15%
Amplify Etf Tr
0.24%
4,148
$268,500,000 0.15%
CSX Corp.
80.41%
7,950
$265,928,000 0.15%
Kraft Heinz Co
37.87%
8,208
$264,462,000 0.15%
Electronic Arts, Inc.
Closed
1,970
$261,360,000
Bank America Corp
0.95%
6,370
$253,335,000 0.14%
Spdr Ser Tr
No change
2,716
$249,270,000 0.14%
Nike, Inc.
No change
3,285
$247,590,000 0.14%
Unilever plc
No change
4,400
$241,956,000 0.13%
Fabrinet
Closed
1,244
$235,141,000
Lockheed Martin Corp.
0.80%
503
$234,951,000 0.13%
Taiwan Semiconductor Mfg Ltd
Opened
1,320
$229,429,000 0.13%
D.R. Horton Inc.
Closed
1,365
$224,611,000
Mckesson Corporation
Closed
411
$220,645,000
Intel Corp.
5.88%
7,000
$216,790,000 0.12%
Comcast Corp New
Closed
4,995
$216,517,000
Tko Group Holdings Inc
Opened
2,000
$215,980,000 0.12%
L3Harris Technologies Inc
No change
943
$211,779,000 0.12%
Ross Stores, Inc.
Opened
1,457
$211,731,000 0.12%
NVIDIA Corp
Opened
1,710
$211,253,000 0.12%
Wisdomtree Tr
No change
4,470
$209,062,000 0.11%
Blackrock Inc.
No change
263
$207,065,000 0.11%
Salesforce Inc
Opened
798
$205,166,000 0.11%
Enterprise Prods Partners L
No change
7,035
$203,874,000 0.11%
Macerich Co.
56.31%
12,006
$185,373,000 0.10%
Proshares Tr
No change
16,200
$134,136,000 0.07%
Proshares Tr Ii
Opened
12,253
$132,945,000 0.07%
BRC Inc.
No change
16,750
$102,678,000 0.06%
Genworth Finl Inc
79.39%
15,000
$90,600,000 0.05%
Hanesbrands Inc
Closed
10,300
$59,740,000
PLBY Group, Inc.
No change
27,962
$21,729,000 0.01%
Tellurian Inc
No change
17,600
$12,190,000 0.01%
No transactions found
Showing first 500 out of 157 holdings