Royal Fund Management 13F annual report
Royal Fund Management is an investment fund managing more than $833 billion ran by Mark Sorensen. There are currently 211 companies in Mr. Sorensen’s portfolio. The largest investments include Vanguard World Fd and Vanguard Index Fds, together worth $145 billion.
$833 billion Assets Under Management (AUM)
As of 4th April 2024, Royal Fund Management’s top holding is 338,742 shares of Vanguard World Fd currently worth over $78.6 billion and making up 9.4% of the portfolio value.
In addition, the fund holds 223,707 shares of Vanguard Index Fds worth $66.6 billion.
The third-largest holding is Microsoft worth $18.1 billion and the next is Vanguard Specialized Funds worth $15.6 billion, with 85,369 shares owned.
Currently, Royal Fund Management's portfolio is worth at least $833 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 Royal Fund Management
The Royal Fund Management office and employees reside in Lady Lake, Florida. According to the last 13-F report filed with the SEC, Mark Sorensen serves as the Managing Member at Royal Fund Management.
Recent trades
In the most recent 13F filing, Royal Fund Management revealed that it had opened a new position in
Select Sector Spdr Tr and bought 59,598 shares worth $8.8 billion.
The investment fund also strengthened its position in Vanguard World Fd by buying
6,991 additional shares.
This makes their stake in Vanguard World Fd total 338,742 shares worth $78.6 billion.
On the other hand, there are companies that Royal Fund Management is getting rid of from its portfolio.
Royal Fund Management closed its position in Spdr Dow Jones Indl Average on 11th April 2024.
It sold the previously owned 21,629 shares for $8.15 billion.
Mark Sorensen also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $66.6 billion and 223,707 shares.
One of the average hedge funds
The two most similar investment funds to Royal Fund Management are Smith, Moore & Co and Kwmg. They manage $832 billion and $832 billion respectively.
Mark Sorensen investment strategy
Royal Fund Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 15.0% of
the total portfolio value.
The fund focuses on investments in the United States as
60.2% 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
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 $124 billion.
The complete list of Royal Fund Management trades based on 13F SEC filings
These positions were updated on April 11th 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 |
|---|---|---|---|
| Vanguard World Fd |
2.11%
338,742
|
$78,622,986,000 | 9.44% |
| Vanguard Index Fds |
6.67%
223,707
|
$66,596,791,000 | 8.00% |
| Microsoft Corporation |
1.44%
42,898
|
$18,084,632,000 | 2.17% |
| Vanguard Specialized Funds |
0.23%
85,369
|
$15,591,184,000 | 1.87% |
| Ishares Tr |
2.82%
925,589
|
$73,464,400,000 | 8.82% |
| JPMorgan Chase & Co. |
5.62%
63,004
|
$12,623,730,000 | 1.52% |
| Vanguard Scottsdale Fds |
0.95%
159,798
|
$21,388,505,000 | 2.57% |
| Select Sector Spdr Tr |
11.17%
279,855
|
$29,984,313,000 | 3.60% |
| Apple Inc |
5.77%
63,659
|
$10,918,932,000 | 1.31% |
| Spdr S&p 500 Etf Tr |
9.86%
20,178
|
$10,555,639,000 | 1.27% |
| Select Sector Spdr Tr |
Opened
59,598
|
$8,804,324,000 | 1.06% |
| Phillips 66 |
3.79%
53,849
|
$8,795,304,000 | 1.06% |
| Vanguard Whitehall Fds |
3.49%
124,218
|
$12,052,769,000 | 1.45% |
| Abbvie Inc |
1.26%
47,303
|
$8,618,755,000 | 1.04% |
| Qualcomm, Inc. |
15.85%
48,617
|
$8,233,379,000 | 0.99% |
| Spdr Dow Jones Indl Average |
Closed
21,629
|
$8,151,691,000 | |
| NVIDIA Corp |
1.84%
7,975
|
$7,206,022,000 | 0.87% |
| Oneok Inc. |
5.75%
88,621
|
$7,103,315,000 | 0.85% |
| Merck & Co Inc |
8.30%
53,706
|
$7,085,932,000 | 0.85% |
| Broadcom Inc. |
4.52%
5,109
|
$6,795,615,000 | 0.82% |
| International Business Machs |
4.59%
35,531
|
$6,788,305,000 | 0.82% |
| First Tr Nasdaq 100 Tech Ind |
5.68%
35,474
|
$6,771,483,000 | 0.81% |
| Tesla Inc |
45.76%
38,443
|
$6,757,895,000 | 0.81% |
| Schwab Strategic Tr |
1.85%
72,439
|
$6,717,256,000 | 0.81% |
| Blackstone Inc |
10.38%
50,332
|
$6,613,645,000 | 0.79% |
| Coinbase Global Inc |
Opened
24,203
|
$6,416,699,000 | 0.77% |
| Uber Technologies Inc |
6.95%
81,773
|
$6,295,703,000 | 0.76% |
| Amazon.com Inc. |
3.01%
33,945
|
$6,122,999,000 | 0.74% |
| Lam Research Corp. |
3.24%
6,271
|
$6,106,048,000 | 0.73% |
| Vanguard Admiral Fds Inc |
4.19%
19,793
|
$6,041,560,000 | 0.73% |
| RTX Corp |
2.81%
61,712
|
$6,020,327,000 | 0.72% |
| Spdr Ser Tr |
3.20%
94,269
|
$11,101,661,000 | 1.33% |
| CVS Health Corp |
6.64%
74,233
|
$5,920,514,000 | 0.71% |
| Cisco Sys Inc |
10.42%
115,468
|
$5,763,169,000 | 0.69% |
| Walmart Inc |
201.55%
95,526
|
$5,747,692,000 | 0.69% |
| Intel Corp. |
87.91%
129,036
|
$5,699,938,000 | 0.68% |
| Cava Group Inc |
5.81%
79,500
|
$5,568,975,000 | 0.67% |
| Waste Mgmt Inc Del |
2.94%
25,481
|
$5,453,772,000 | 0.65% |
| Meta Platforms Inc |
1.14%
11,214
|
$5,445,478,000 | 0.65% |
| Union Pac Corp |
2.74%
22,011
|
$5,422,460,000 | 0.65% |
| Darden Restaurants, Inc. |
0.85%
32,025
|
$5,353,684,000 | 0.64% |
| Procter And Gamble Co |
2.00%
32,010
|
$5,197,524,000 | 0.62% |
| Johnson & Johnson |
6.77%
31,454
|
$4,977,590,000 | 0.60% |
| AMGEN Inc. |
20.15%
17,378
|
$4,959,866,000 | 0.60% |
| Digital Rlty Tr Inc |
24.48%
34,040
|
$4,902,272,000 | 0.59% |
| Lamar Advertising Co |
5.57%
40,899
|
$4,884,395,000 | 0.59% |
| Us Bancorp Del |
0.66%
104,864
|
$4,686,902,000 | 0.56% |
| Alphabet Inc |
12.13%
30,784
|
$4,646,229,000 | 0.56% |
| 3M Co. |
21.25%
42,370
|
$4,493,160,000 | 0.54% |
| Mcdonalds Corp |
1.96%
15,422
|
$4,364,536,000 | 0.52% |
| Emerson Elec Co |
3.76%
37,762
|
$4,286,246,000 | 0.51% |
| AT&T, Inc. |
31.87%
241,034
|
$4,241,825,000 | 0.51% |
| Garmin Ltd |
2.38%
28,459
|
$4,237,538,000 | 0.51% |
| Greenbrier Cos., Inc. |
4.05%
80,213
|
$4,179,226,000 | 0.50% |
| Newmont Corp |
18.49%
113,024
|
$4,051,058,000 | 0.49% |
| Crowdstrike Holdings Inc |
3.51%
12,630
|
$4,049,052,000 | 0.49% |
| Invesco Exchange Traded Fd T |
10.20%
219,843
|
$7,499,805,000 | 0.90% |
| Samsara Inc. |
Opened
104,700
|
$3,956,613,000 | 0.48% |
| Snowflake Inc. |
55.25%
23,873
|
$3,857,877,000 | 0.46% |
| Paychex Inc. |
2.30%
31,369
|
$3,851,962,000 | 0.46% |
| Verizon Communications Inc |
0.35%
88,745
|
$3,724,134,000 | 0.45% |
| Albemarle Corp. |
8.24%
27,600
|
$3,636,024,000 | 0.44% |
| J P Morgan Exchange Traded F |
7.52%
76,592
|
$3,537,378,000 | 0.42% |
| Invesco Exch Traded Fd Tr Ii |
7.40%
177,421
|
$3,498,705,000 | 0.42% |
| Kimberly-Clark Corp. |
4.45%
26,832
|
$3,469,435,000 | 0.42% |
| Freeport-McMoRan Inc |
37.04%
73,500
|
$3,455,970,000 | 0.42% |
| Bristol-Myers Squibb Co. |
1.94%
63,256
|
$3,430,250,000 | 0.41% |
| Wisdomtree Tr |
7.35%
72,420
|
$3,327,793,000 | 0.40% |
| Duke Energy Corp. |
2.24%
34,212
|
$3,308,919,000 | 0.40% |
| Advanced Micro Devices Inc. |
56.48%
18,306
|
$3,304,050,000 | 0.40% |
| Datadog Inc |
10.51%
26,627
|
$3,291,097,000 | 0.40% |
| Starbucks Corp. |
0.50%
35,079
|
$3,207,653,000 | 0.39% |
| Affirm Holdings, Inc. |
292.03%
85,244
|
$3,176,191,000 | 0.38% |
| Sysco Corp. |
8.49%
38,598
|
$3,133,943,000 | 0.38% |
| Palantir Technologies Inc. |
1,181.99%
135,250
|
$3,112,103,000 | 0.37% |
| Roku Inc |
834.66%
46,920
|
$3,057,776,000 | 0.37% |
| Zoom Video Communications In |
169.82%
45,600
|
$2,980,872,000 | 0.36% |
| Stryker Corp. |
4.63%
8,320
|
$2,977,638,000 | 0.36% |
| Unitedhealth Group Inc |
7.37%
5,860
|
$2,898,953,000 | 0.35% |
| Franklin Templeton Etf Tr |
20.54%
88,617
|
$2,853,520,000 | 0.34% |
| Adobe Inc |
6.62%
5,141
|
$2,594,149,000 | 0.31% |
| Netapp Inc |
5.70%
24,124
|
$2,532,456,000 | 0.30% |
| BILL Holdings Inc |
23.99%
36,700
|
$2,522,024,000 | 0.30% |
| Kellanova Co |
6.77%
42,972
|
$2,462,184,000 | 0.30% |
| Boeing Co. |
6.17%
12,724
|
$2,455,626,000 | 0.29% |
| Trade Desk Inc |
Opened
27,816
|
$2,431,675,000 | 0.29% |
| Airbnb, Inc. |
2.07%
14,642
|
$2,415,344,000 | 0.29% |
| Cheniere Energy Inc. |
12.04%
14,969
|
$2,414,273,000 | 0.29% |
| Okta Inc |
21.39%
22,700
|
$2,374,874,000 | 0.29% |
| Block Inc |
17.30%
27,725
|
$2,344,981,000 | 0.28% |
| United Parcel Service, Inc. |
29.22%
15,693
|
$2,332,399,000 | 0.28% |
| Vanguard Intl Equity Index F |
10.47%
20,967
|
$2,320,901,000 | 0.28% |
| Thermo Fisher Scientific Inc. |
6.42%
3,978
|
$2,312,081,000 | 0.28% |
| Devon Energy Corp. |
43.43%
45,962
|
$2,306,303,000 | 0.28% |
| Twilio Inc |
104.30%
37,608
|
$2,299,729,000 | 0.28% |
| Dollar Gen Corp New |
Closed
15,817
|
$2,150,330,000 | |
| Enphase Energy Inc |
10.10%
17,444
|
$2,110,375,000 | 0.25% |
| Coca-Cola Co |
3.42%
32,589
|
$1,993,756,000 | 0.24% |
| Zscaler Inc |
8.47%
10,088
|
$1,943,251,000 | 0.23% |
| Rio Tinto plc |
6.29%
30,451
|
$1,940,894,000 | 0.23% |
| Nxp Semiconductors N V |
8.43%
7,591
|
$1,883,885,000 | 0.23% |
| General Dynamics Corp. |
5.77%
6,525
|
$1,845,800,000 | 0.22% |
| Asana, Inc. |
3.29%
117,550
|
$1,820,850,000 | 0.22% |
| Asml Holding N V |
5.46%
1,855
|
$1,800,671,000 | 0.22% |
| Schlumberger Ltd. |
5.55%
32,736
|
$1,794,260,000 | 0.22% |
| Alibaba Group Hldg Ltd |
41.36%
24,641
|
$1,783,023,000 | 0.21% |
| Energy Transfer L P |
7.71%
107,648
|
$1,693,280,000 | 0.20% |
| Marriott Intl Inc New |
No change
6,601
|
$1,665,498,000 | 0.20% |
| Lululemon Athletica inc. |
4.79%
4,240
|
$1,656,356,000 | 0.20% |
| Gilead Sciences, Inc. |
51.46%
22,440
|
$1,643,810,000 | 0.20% |
| Unity Software Inc. |
0.33%
61,320
|
$1,637,244,000 | 0.20% |
| Ark Etf Tr |
6.76%
32,271
|
$1,618,127,000 | 0.19% |
| Wolfspeed Inc |
58.53%
53,900
|
$1,590,050,000 | 0.19% |
| Agnico Eagle Mines Ltd |
5.86%
26,412
|
$1,575,476,000 | 0.19% |
| Eog Res Inc |
103.20%
11,814
|
$1,510,347,000 | 0.18% |
| Lockheed Martin Corp. |
7.61%
3,253
|
$1,486,169,000 | 0.18% |
| Vanguard Wellington Fd |
11.85%
10,753
|
$1,477,698,000 | 0.18% |
| BP plc |
6.37%
38,824
|
$1,462,843,000 | 0.18% |
| Analog Devices Inc. |
7.51%
7,334
|
$1,451,175,000 | 0.17% |
| Etsy Inc |
5.83%
21,010
|
$1,443,807,000 | 0.17% |
| Kinder Morgan Inc |
2.48%
78,266
|
$1,435,414,000 | 0.17% |
| Dow Inc |
19.92%
24,749
|
$1,433,796,000 | 0.17% |
| Conagra Brands Inc |
56.61%
47,862
|
$1,418,630,000 | 0.17% |
| Home Depot, Inc. |
2.35%
3,657
|
$1,402,924,000 | 0.17% |
| Deere & Co. |
0.06%
3,342
|
$1,372,653,000 | 0.16% |
| Occidental Pete Corp |
57.21%
20,682
|
$1,344,111,000 | 0.16% |
| Vertiv Holdings Co |
Closed
27,919
|
$1,340,950,000 | |
| Shell Plc |
7.17%
19,081
|
$1,279,172,000 | 0.15% |
| Kraft Heinz Co |
6.78%
34,468
|
$1,271,834,000 | 0.15% |
| Cigna Group (The) |
Closed
4,232
|
$1,270,192,000 | |
| Iron Mtn Inc Del |
0.96%
15,419
|
$1,237,041,000 | 0.15% |
| Omega Healthcare Invs Inc |
5.05%
37,455
|
$1,186,143,000 | 0.14% |
| Shopify Inc |
Opened
14,997
|
$1,157,318,000 | 0.14% |
| Bhp Group Ltd |
4.64%
19,173
|
$1,106,079,000 | 0.13% |
| NextEra Energy Inc |
18.13%
17,268
|
$1,103,633,000 | 0.13% |
| Roblox Corporation |
51.13%
28,325
|
$1,081,449,000 | 0.13% |
| Archer Daniels Midland Co. |
Opened
17,074
|
$1,072,418,000 | 0.13% |
| Restaurant Brands International Inc |
Opened
13,430
|
$1,067,014,000 | 0.13% |
| GSK Plc |
1.81%
24,831
|
$1,064,512,000 | 0.13% |
| Rivian Automotive, Inc. |
102.90%
90,810
|
$994,370,000 | 0.12% |
| Air Prods & Chems Inc |
Closed
3,624
|
$992,251,000 | |
| PPL Corp |
5.51%
35,695
|
$982,650,000 | 0.12% |
| Chevron Corp. |
2.37%
6,222
|
$981,359,000 | 0.12% |
| Philip Morris International Inc |
4.63%
10,504
|
$962,518,000 | 0.12% |
| Cloudflare Inc |
124.39%
9,200
|
$890,836,000 | 0.11% |
| GitLab Inc. |
60.10%
15,200
|
$886,464,000 | 0.11% |
| Berkshire Hathaway Inc. |
No change
2,091
|
$879,307,000 | 0.11% |
| Mondelez International Inc. |
Opened
12,515
|
$876,050,000 | 0.11% |
| Lyondellbasell Industries N |
13.19%
8,489
|
$868,255,000 | 0.10% |
| Universal Hlth Svcs Inc |
No change
4,588
|
$837,126,000 | 0.10% |
| Exxon Mobil Corp. |
2.59%
7,148
|
$830,919,000 | 0.10% |
| Pepsico Inc |
1.07%
4,739
|
$829,400,000 | 0.10% |
| Moderna Inc |
15.48%
7,645
|
$814,651,000 | 0.10% |
| American Tower Corp. |
1.43%
4,054
|
$801,149,000 | 0.10% |
| Vector Group Ltd |
6.88%
73,002
|
$800,078,000 | 0.10% |
| Wp Carey Inc |
7.42%
14,056
|
$793,175,000 | 0.10% |
| TC Energy Corporation |
5.97%
19,692
|
$791,750,000 | 0.10% |
| Markel Group Inc |
1.18%
516
|
$785,084,000 | 0.09% |
| Suncor Energy, Inc. |
54.35%
20,732
|
$765,219,000 | 0.09% |
| Chewy Inc |
0.69%
48,060
|
$764,635,000 | 0.09% |
| HP Inc |
Opened
24,546
|
$741,779,000 | 0.09% |
| Tidal Etf Tr |
4.90%
39,280
|
$740,844,000 | 0.09% |
| Cf Inds Hldgs Inc |
Opened
8,770
|
$729,752,000 | 0.09% |
| Align Technology, Inc. |
Opened
2,206
|
$723,392,000 | 0.09% |
| Global Med Reit Inc |
6.81%
82,264
|
$719,802,000 | 0.09% |
| Costco Whsl Corp New |
5.80%
958
|
$701,860,000 | 0.08% |
| Dutch Bros Inc. |
1.87%
21,000
|
$693,000,000 | 0.08% |
| Marvell Technology Inc |
58.92%
9,696
|
$687,228,000 | 0.08% |
| Disney Walt Co |
1.60%
4,802
|
$587,553,000 | 0.07% |
| Proshares Tr |
3.28%
27,145
|
$548,329,000 | 0.07% |
| Wells Fargo Co New |
0.45%
9,216
|
$534,217,000 | 0.06% |
| Ford Mtr Co Del |
2.04%
39,234
|
$521,025,000 | 0.06% |
| General Mtrs Co |
16.13%
10,865
|
$492,769,000 | 0.06% |
| Consolidated Edison, Inc. |
No change
4,914
|
$446,240,000 | 0.05% |
| CSX Corp. |
10.68%
11,965
|
$443,543,000 | 0.05% |
| Monday Com Ltd |
89.66%
1,800
|
$406,566,000 | 0.05% |
| Timken Co. |
No change
4,641
|
$405,763,000 | 0.05% |
| The Southern Co. |
11.91%
5,478
|
$393,006,000 | 0.05% |
| Conocophillips |
3.34%
3,039
|
$386,891,000 | 0.05% |
| Pinterest Inc |
Opened
10,664
|
$369,721,000 | 0.04% |
| Pnc Finl Svcs Group Inc |
Closed
2,376
|
$367,964,000 | |
| Bank America Corp |
3.66%
9,452
|
$358,426,000 | 0.04% |
| Allete, Inc. |
9.20%
5,969
|
$355,984,000 | 0.04% |
| Yum Brands Inc. |
No change
2,551
|
$353,627,000 | 0.04% |
| McCormick & Co., Inc. |
No change
4,447
|
$341,574,000 | 0.04% |
| Sherwin-Williams Co. |
No change
915
|
$317,807,000 | 0.04% |
| Honeywell International Inc |
15.62%
1,547
|
$317,591,000 | 0.04% |
| RPC, Inc. |
No change
40,053
|
$310,010,000 | 0.04% |
| Dnp Select Income Fd Inc |
2.73%
33,808
|
$306,636,000 | 0.04% |
| Visa Inc |
83.84%
1,062
|
$296,476,000 | 0.04% |
| Eli Lilly & Co |
1.91%
374
|
$290,997,000 | 0.03% |
| Ameriprise Finl Inc |
0.32%
627
|
$275,016,000 | 0.03% |
| Ishares Tr |
Opened
9,496
|
$778,822,000 | 0.09% |
| Parsons Corp |
No change
3,276
|
$271,744,000 | 0.03% |
| Spdr Gold Tr |
11.89%
1,223
|
$251,596,000 | 0.03% |
| Evergy Inc |
0.43%
4,633
|
$247,282,000 | 0.03% |
| Ishares Silver Tr |
No change
10,696
|
$243,334,000 | 0.03% |
| Linde Plc. |
No change
508
|
$236,126,000 | 0.03% |
| American Express Co. |
Opened
986
|
$224,602,000 | 0.03% |
| Alliant Energy Corp. |
No change
4,412
|
$222,365,000 | 0.03% |
| Lowes Cos Inc |
15.67%
872
|
$222,260,000 | 0.03% |
| Fiserv, Inc. |
Opened
1,380
|
$220,552,000 | 0.03% |
| Valero Energy Corp. |
Opened
1,261
|
$215,226,000 | 0.03% |
| ON Semiconductor Corp. |
9.38%
2,900
|
$213,295,000 | 0.03% |
| Altria Group Inc. |
11.55%
4,833
|
$210,855,000 | 0.03% |
| Intuit Inc |
61.50%
313
|
$203,450,000 | 0.02% |
| Abbott Labs |
Opened
1,779
|
$202,254,000 | 0.02% |
| Ncr Voyix Corporation |
No change
15,913
|
$200,981,000 | 0.02% |
| Arista Networks Inc |
Opened
640
|
$185,587,000 | 0.02% |
| PayPal Holdings Inc |
Opened
2,629
|
$176,117,000 | 0.02% |
| Toast, Inc. |
68.78%
6,900
|
$171,948,000 | 0.02% |
| DocuSign Inc |
90.41%
2,800
|
$166,740,000 | 0.02% |
| Morgan Stanley |
10.48%
1,760
|
$165,743,000 | 0.02% |
| KeyCorp |
51.85%
10,400
|
$164,424,000 | 0.02% |
| Super Micro Computer Inc |
86.88%
105
|
$106,053,000 | 0.01% |
| Ring Energy Inc |
No change
30,000
|
$58,800,000 | 0.01% |
| Western Copper & Gold Corp |
No change
38,312
|
$58,617,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 217 holdings | |||
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