Black Swift 13F annual report
Black Swift is an investment fund managing more than $432 billion ran by Linda Casals. There are currently 85 companies in Mrs. Casals’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $165 billion.
$432 billion Assets Under Management (AUM)
As of 30th July 2024, Black Swift’s top holding is 1,446,943 shares of Spdr Ser Tr currently worth over $115 billion and making up 26.7% of the portfolio value.
In addition, the fund holds 477,045 shares of Ishares Tr worth $49.4 billion.
The third-largest holding is Select Sector Spdr Tr worth $49.4 billion and the next is Series Portfolios Tr worth $15 billion, with 558,555 shares owned.
Currently, Black Swift's portfolio is worth at least $432 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 Black Swift
The Black Swift office and employees reside in Boulder, Colorado. According to the last 13-F report filed with the SEC, Linda Casals serves as the Chief Compliance Officer at Black Swift.
Recent trades
In the most recent 13F filing, Black Swift revealed that it had opened a new position in
Banc of California Inc and bought 400,000 shares worth $5.11 billion.
This means they effectively own approximately 0.1% of the company.
Banc of California Inc makes up
56.5%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
104,451 additional shares.
This makes their stake in Spdr Ser Tr total 1,446,943 shares worth $115 billion.
On the other hand, there are companies that Black Swift is getting rid of from its portfolio.
Black Swift closed its position in Vertiv Co on 6th August 2024.
It sold the previously owned 86,000 shares for $7.02 billion.
Linda Casals also disclosed a decreased stake in Global X Fds by 0.1%.
This leaves the value of the investment at $17.6 billion and 475,659 shares.
One of the average hedge funds
The two most similar investment funds to Black Swift are Herold Advisors and Turtle Creek Wealth Advisors. They manage $432 billion and $431 billion respectively.
Linda Casals investment strategy
Black Swift’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 5.6% of
the total portfolio value.
The fund focuses on investments in the United States as
36.5% 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
31% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $250 billion.
The complete list of Black Swift trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Spdr Ser Tr |
7.78%
1,446,943
|
$115,286,124,000 | 26.72% |
| Ishares Tr |
38.18%
477,045
|
$49,366,228,000 | 11.44% |
| Select Sector Spdr Tr |
8.67%
348,335
|
$49,397,784,000 | 11.45% |
| Series Portfolios Tr |
6.06%
558,555
|
$14,966,650,000 | 3.47% |
| Global X Fds |
11.33%
475,659
|
$17,570,677,000 | 4.07% |
| Wisdomtree Tr |
0.25%
289,249
|
$18,173,080,000 | 4.21% |
| Novo-nordisk A S |
11.88%
52,000
|
$7,422,480,000 | 1.72% |
| TransMedics Group, Inc. |
854.00%
47,700
|
$7,184,574,000 | 1.66% |
| Vertiv Holdings Co |
Closed
86,000
|
$7,023,620,000 | |
| Crowdstrike Holdings Inc |
32.72%
18,315
|
$7,018,125,000 | 1.63% |
| VanEck ETF Trust |
183.54%
363,092
|
$13,867,113,000 | 3.21% |
| Eli Lilly Co |
7.56%
7,368
|
$6,670,840,000 | 1.55% |
| Etfis Ser Tr I |
5.36%
301,615
|
$6,342,963,000 | 1.47% |
| Accenture Plc Ireland |
Closed
16,995
|
$5,890,637,000 | |
| Nu Hldgs Ltd |
27.30%
415,000
|
$5,349,350,000 | 1.24% |
| Banc of California Inc |
Opened
400,000
|
$5,112,000,000 | 1.18% |
| First Tr Exchange Traded Fd |
88.30%
42,676
|
$4,932,518,000 | 1.14% |
| Ishares Tr |
Opened
21,650
|
$4,392,569,000 | 1.02% |
| Microsoft Corporation |
27.68%
9,359
|
$4,183,005,000 | 0.97% |
| Spdr Sp 500 Etf Tr |
8.78%
7,448
|
$4,053,351,000 | 0.94% |
| Micron Technology Inc. |
Opened
30,050
|
$3,952,477,000 | 0.92% |
| Vanguard World Fd |
Closed
35,933
|
$3,679,141,000 | |
| Taiwan Semiconductor Mfg Ltd |
Opened
20,010
|
$3,477,938,000 | 0.81% |
| Arm Holdings Plc |
Opened
21,100
|
$3,452,382,000 | 0.80% |
| Ishares Inc |
4.32%
60,734
|
$3,438,179,000 | 0.80% |
| Direxion Shs Etf Tr |
Opened
114,741
|
$3,317,610,000 | 0.77% |
| Qualcomm, Inc. |
3.57%
15,950
|
$3,176,921,000 | 0.74% |
| Freeport-McMoRan Inc |
27.92%
64,150
|
$3,117,690,000 | 0.72% |
| Home Depot, Inc. |
Opened
9,000
|
$3,098,160,000 | 0.72% |
| Vanguard Index Fds |
2.76%
9,172
|
$4,108,312,000 | 0.95% |
| Valaris Ltd |
55.77%
40,500
|
$3,017,250,000 | 0.70% |
| Berkshire Hathaway Inc. |
17.14%
7,251
|
$3,561,541,000 | 0.83% |
| Amazon.com Inc. |
0.11%
15,207
|
$2,938,753,000 | 0.68% |
| MercadoLibre Inc |
5.74%
1,750
|
$2,875,950,000 | 0.67% |
| Vici Pptys Inc |
1.45%
87,563
|
$2,507,804,000 | 0.58% |
| Occidental Pete Corp |
Closed
37,500
|
$2,437,125,000 | |
| Tidewater Inc. |
10.87%
25,500
|
$2,427,855,000 | 0.56% |
| Coherent Corp |
Opened
31,500
|
$2,282,490,000 | 0.53% |
| Visa Inc |
Closed
8,000
|
$2,232,640,000 | |
| Expedia Group Inc |
Opened
17,650
|
$2,223,724,000 | 0.52% |
| Dell Technologies Inc |
68.63%
16,000
|
$2,206,560,000 | 0.51% |
| Apple Inc |
5.98%
10,303
|
$2,170,018,000 | 0.50% |
| Simon Ppty Group Inc New |
24.14%
13,525
|
$2,053,095,000 | 0.48% |
| e.l.f. Beauty Inc |
Closed
10,000
|
$1,960,300,000 | |
| Aspen Aerogels Inc. |
Opened
79,400
|
$1,893,690,000 | 0.44% |
| Boeing Co. |
65.55%
10,250
|
$1,865,603,000 | 0.43% |
| Oaktree Specialty Lending Co |
Closed
94,475
|
$1,857,379,000 | |
| Nutanix Inc |
Closed
30,000
|
$1,851,600,000 | |
| Cameco Corp. |
Opened
37,000
|
$1,820,400,000 | 0.42% |
| Nike, Inc. |
Opened
23,750
|
$1,790,038,000 | 0.41% |
| Snowflake Inc. |
Closed
10,290
|
$1,662,864,000 | |
| Kyndryl Hldgs Inc |
Closed
75,000
|
$1,632,000,000 | |
| Tko Group Holdings Inc |
Opened
14,350
|
$1,549,657,000 | 0.36% |
| Coty Inc |
Closed
125,000
|
$1,495,000,000 | |
| Salesforce Inc |
Opened
5,030
|
$1,293,213,000 | 0.30% |
| Datadog Inc |
Closed
10,000
|
$1,236,000,000 | |
| Schwab Charles Corp |
Opened
16,500
|
$1,215,885,000 | 0.28% |
| Texas Roadhouse Inc |
No change
7,000
|
$1,201,970,000 | 0.28% |
| Sterling Infrastructure Inc |
Closed
10,000
|
$1,103,100,000 | |
| Shift4 Pmts Inc |
Opened
15,000
|
$1,100,250,000 | 0.25% |
| Coupang, Inc. |
16.13%
52,000
|
$1,089,400,000 | 0.25% |
| Synchrony Financial |
Closed
25,000
|
$1,078,000,000 | |
| Ishares Tr |
Closed
21,450
|
$1,250,837,000 | |
| Asml Holding N V |
66.67%
1,000
|
$1,022,730,000 | 0.24% |
| Teck Resources Ltd |
Closed
21,000
|
$961,380,000 | |
| Invesco Exch Traded Fd Tr Ii |
77.98%
45,205
|
$951,113,000 | 0.22% |
| R1 RCM Inc. |
Closed
70,000
|
$901,600,000 | |
| American Centy Etf Tr |
Opened
9,675
|
$868,041,000 | 0.20% |
| Jpmorgan Chase Co. |
74.08%
4,050
|
$819,153,000 | 0.19% |
| Marex Group Plc |
Opened
40,000
|
$800,000,000 | 0.19% |
| Kinsale Cap Group Inc |
Closed
1,500
|
$787,110,000 | |
| ATI Inc |
Closed
15,000
|
$767,550,000 | |
| Vanguard Intl Equity Index F |
Opened
10,975
|
$732,801,000 | 0.17% |
| Alphabet Inc |
No change
3,880
|
$711,670,000 | 0.16% |
| Altria Group Inc. |
Closed
15,400
|
$671,748,000 | |
| Janus Detroit Str Tr |
78.55%
13,650
|
$671,307,000 | 0.16% |
| Realty Income Corp. |
10.07%
11,390
|
$601,620,000 | 0.14% |
| BondBloxx ETF Trust |
Opened
13,280
|
$520,457,000 | 0.12% |
| Chevron Corp. |
23.84%
3,195
|
$499,762,000 | 0.12% |
| Vanguard Index Fds |
Closed
5,775
|
$499,422,000 | |
| Jefferies Finl Group Inc |
Opened
10,000
|
$497,600,000 | 0.12% |
| Sound Point Meridian Cap Inc |
Opened
22,500
|
$450,900,000 | 0.10% |
| Makemytrip Limited Mauritius |
Opened
5,000
|
$420,500,000 | 0.10% |
| Franklin Templeton Etf Tr |
46.50%
18,055
|
$412,322,000 | 0.10% |
| Intercontinental Exchange In |
Closed
3,000
|
$412,290,000 | |
| NVIDIA Corp |
939.47%
3,160
|
$390,386,000 | 0.09% |
| Astronics Corp. |
Closed
20,000
|
$380,800,000 | |
| Citigroup Inc |
Opened
5,915
|
$375,366,000 | 0.09% |
| Wells Fargo Co New |
Opened
300
|
$356,691,000 | 0.08% |
| Ishares Bitcoin Tr |
No change
10,000
|
$341,400,000 | 0.08% |
| Exchange Traded Concepts Tru |
Opened
10,035
|
$331,900,000 | 0.08% |
| Eagle Point Credit Company I |
60.78%
32,750
|
$329,138,000 | 0.08% |
| Energy Transfer L P |
Opened
18,964
|
$307,596,000 | 0.07% |
| Take-two Interactive Softwar |
Closed
2,000
|
$296,980,000 | |
| Sprott Fds Tr |
Opened
6,000
|
$295,440,000 | 0.07% |
| Global X Fds |
Opened
9,675
|
$291,024,000 | 0.07% |
| Live Nation Entertainment In |
Closed
2,750
|
$290,868,000 | |
| Cloudflare Inc |
Opened
3,500
|
$289,905,000 | 0.07% |
| Encore Wire Corp. |
No change
1,000
|
$289,830,000 | 0.07% |
| United Airls Hldgs Inc |
Opened
5,800
|
$282,228,000 | 0.07% |
| Hartford Finl Svcs Group Inc |
Opened
2,750
|
$276,485,000 | 0.06% |
| Verra Mobility Corporation |
Opened
10,000
|
$272,000,000 | 0.06% |
| Enbridge Inc |
No change
7,500
|
$266,792,000 | 0.06% |
| Bank America Corp |
Opened
6,500
|
$258,505,000 | 0.06% |
| Alphabet Inc |
Opened
1,365
|
$248,635,000 | 0.06% |
| Eagle Point Income Company I |
Closed
14,000
|
$233,100,000 | |
| Adobe Inc |
0.99%
409
|
$227,216,000 | 0.05% |
| Aspen Technology Inc |
Closed
1,000
|
$213,280,000 | |
| Verizon Communications Inc |
Opened
5,000
|
$206,200,000 | 0.05% |
| Levi Strauss Co New |
Closed
10,000
|
$199,900,000 | |
| The Real Brokerage Inc |
No change
40,000
|
$162,400,000 | 0.04% |
| V F Corp |
Opened
10,000
|
$135,000,000 | 0.03% |
| Oklo Inc |
Opened
10,000
|
$84,700,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 113 holdings | |||
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