Drake & Associates is an investment fund managing more than $270 billion ran by Andrew Blazejewski. There are currently 66 companies in Mr. Blazejewski’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Ishares Tr, together worth $106 billion.
As of 29th July 2024, Drake & Associates’s top holding is 534,759 shares of Fidelity Merrimack Str Tr currently worth over $24 billion and making up 8.9% of the portfolio value.
In addition, the fund holds 960,535 shares of Ishares Tr worth $82.5 billion.
The third-largest holding is Spdr Ser Tr worth $20.9 billion and the next is First Tr Exchng Traded Fd Vi worth $31.4 billion, with 850,480 shares owned.
Currently, Drake & Associates's portfolio is worth at least $270 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.
The Drake & Associates office and employees reside in Waukesha, Wisconsin. According to the last 13-F report filed with the SEC, Andrew Blazejewski serves as the Support Consultant at Drake & Associates.
In the most recent 13F filing, Drake & Associates revealed that it had opened a new position in
Spdr Index Shs Fds and bought 184,410 shares worth $6.51 billion.
The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying
20,629 additional shares.
This makes their stake in Fidelity Merrimack Str Tr total 534,759 shares worth $24 billion.
On the other hand, there are companies that Drake & Associates is getting rid of from its portfolio.
Drake & Associates closed its position in Insteel Inds Inc on 5th August 2024.
It sold the previously owned 13,045 shares for $499 million.
Andrew Blazejewski also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $20.9 billion and 260,383 shares.
The two most similar investment funds to Drake & Associates are Rfp and Fc Advisory. They manage $270 billion and $270 billion respectively.
Drake & Associates’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Miscellaneous — making up 7.6% of
the total portfolio value.
The fund focuses on investments in the United States as
59.1% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $272 billion.
These positions were updated on August 5th 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
4.01%
534,759
|
$24,026,714,000 | 8.89% |
| Ishares Tr |
1.10%
960,535
|
$82,453,545,000 | 30.52% |
| Spdr Ser Tr |
0.18%
260,383
|
$20,864,502,000 | 7.72% |
| First Tr Exchng Traded Fd Vi |
4.10%
850,480
|
$31,399,708,000 | 11.62% |
| VanEck ETF Trust |
2.14%
232,592
|
$20,144,793,000 | 7.46% |
| Janus Detroit Str Tr |
4.77%
394,167
|
$20,055,207,000 | 7.42% |
| Ssga Active Etf Tr |
21.09%
370,069
|
$15,468,866,000 | 5.73% |
| American Centy Etf Tr |
2.01%
112,712
|
$10,112,512,000 | 3.74% |
| Spdr Gold Tr |
4.83%
34,260
|
$7,366,243,000 | 2.73% |
| Spdr Index Shs Fds |
Opened
184,410
|
$6,509,669,000 | 2.41% |
| Apple Inc |
13.01%
11,545
|
$2,431,516,000 | 0.90% |
| Microsoft Corporation |
0.78%
3,485
|
$1,557,385,000 | 0.58% |
| Costco Whsl Corp New |
0.75%
1,463
|
$1,243,641,000 | 0.46% |
| Linde Plc. |
2.83%
2,797
|
$1,227,366,000 | 0.45% |
| Abbvie Inc |
2.57%
7,012
|
$1,202,698,000 | 0.45% |
| Eli Lilly Co |
8.31%
1,246
|
$1,128,481,000 | 0.42% |
| Amazon.com Inc. |
33.00%
5,704
|
$1,102,299,000 | 0.41% |
| Jpmorgan Chase Co. |
4.20%
5,256
|
$1,063,110,000 | 0.39% |
| Broadcom Inc |
149.53%
529
|
$849,347,000 | 0.31% |
| Alphabet Inc |
0.22%
7,207
|
$1,318,046,000 | 0.49% |
| Meta Platforms Inc |
11.58%
1,482
|
$747,254,000 | 0.28% |
| Abbott Labs |
1.12%
6,530
|
$678,532,000 | 0.25% |
| NVIDIA Corp |
75.78%
5,356
|
$661,702,000 | 0.24% |
| Oracle Corp. |
6.82%
4,329
|
$611,255,000 | 0.23% |
| Visa Inc |
4.88%
2,261
|
$593,674,000 | 0.22% |
| Rockwell Automation Inc |
0.48%
2,101
|
$578,387,000 | 0.21% |
| Welltower Inc. |
5.85%
5,233
|
$545,575,000 | 0.20% |
| Ingersoll Rand Inc. |
1.86%
5,861
|
$532,414,000 | 0.20% |
| Marsh Mclennan Cos Inc |
7.19%
2,445
|
$515,212,000 | 0.19% |
| Insteel Inds Inc |
Closed
13,045
|
$498,580,000 | |
| Artisan Partners Asset Mgmt |
7.29%
12,023
|
$496,181,000 | 0.18% |
| Johnson Johnson |
11.21%
3,354
|
$490,263,000 | 0.18% |
| CDW Corp |
6.20%
2,176
|
$487,090,000 | 0.18% |
| Intel Corp. |
Closed
10,908
|
$481,809,000 | |
| WEC Energy Group Inc |
1.91%
6,096
|
$478,271,000 | 0.18% |
| Alliant Energy Corp. |
11.59%
9,387
|
$477,799,000 | 0.18% |
| Lyondellbasell Industries N |
4.32%
4,965
|
$474,925,000 | 0.18% |
| Paychex Inc. |
Opened
3,947
|
$467,998,000 | 0.17% |
| Kroger Co. |
1.67%
9,328
|
$465,724,000 | 0.17% |
| Revvity Inc. |
9.16%
4,396
|
$460,964,000 | 0.17% |
| Fortive Corp |
3.36%
6,211
|
$460,240,000 | 0.17% |
| Snap-on, Inc. |
7.83%
1,750
|
$457,467,000 | 0.17% |
| Bank America Corp |
3.32%
11,095
|
$441,247,000 | 0.16% |
| GE Aerospace |
No change
2,628
|
$417,773,000 | 0.15% |
| Grainger W W Inc |
6.38%
450
|
$406,016,000 | 0.15% |
| Ishares Tr |
Closed
17,118
|
$389,777,000 | |
| Netflix Inc. |
No change
538
|
$363,085,000 | 0.13% |
| Walmart Inc |
1.33%
5,331
|
$360,962,000 | 0.13% |
| Vanguard Index Fds |
1.13%
2,231
|
$550,573,000 | 0.20% |
| Unitedhealth Group Inc |
1.20%
673
|
$342,732,000 | 0.13% |
| Waste Mgmt Inc Del |
4.73%
1,469
|
$313,347,000 | 0.12% |
| Mastercard Incorporated |
1.42%
693
|
$305,831,000 | 0.11% |
| The Southern Co. |
4.63%
3,823
|
$296,556,000 | 0.11% |
| Fiserv, Inc. |
Opened
1,987
|
$296,205,000 | 0.11% |
| Berkshire Hathaway Inc. |
12.50%
720
|
$292,896,000 | 0.11% |
| Lockheed Martin Corp. |
10.06%
617
|
$288,115,000 | 0.11% |
| Kinder Morgan Inc |
2.69%
14,372
|
$285,572,000 | 0.11% |
| Dbx Etf Tr |
95.52%
11,218
|
$278,212,000 | 0.10% |
| First Tr Lrge Cp Core Alpha |
Closed
2,717
|
$269,628,000 | |
| Home Depot, Inc. |
8.25%
778
|
$267,818,000 | 0.10% |
| Analog Devices Inc. |
Opened
1,171
|
$267,293,000 | 0.10% |
| Qualcomm, Inc. |
11.20%
1,324
|
$263,724,000 | 0.10% |
| Ball Corp. |
Opened
4,300
|
$258,086,000 | 0.10% |
| Vanguard World Fd |
Closed
877
|
$251,319,000 | |
| Accenture Plc Ireland |
61.62%
826
|
$250,616,000 | 0.09% |
| Vanguard Index Fds |
Opened
1,542
|
$247,289,000 | 0.09% |
| Adobe Inc |
Opened
428
|
$237,771,000 | 0.09% |
| Caterpillar Inc. |
20.22%
710
|
$236,501,000 | 0.09% |
| Copart, Inc. |
9.46%
4,162
|
$225,414,000 | 0.08% |
| Disney Walt Co |
Closed
1,840
|
$225,142,000 | |
| Roper Technologies Inc |
Closed
398
|
$223,266,000 | |
| Vertex Pharmaceuticals, Inc. |
10.88%
467
|
$218,893,000 | 0.08% |
| Pimco Etf Tr |
Closed
2,175
|
$218,707,000 | |
| Monster Beverage Corp. |
Closed
3,659
|
$216,906,000 | |
| Ge Healthcare Technologies I |
Closed
2,341
|
$212,820,000 | |
| United Parcel Service, Inc. |
Closed
1,428
|
$212,244,000 | |
| Exxon Mobil Corp. |
No change
1,816
|
$209,058,000 | 0.08% |
| No transactions found | |||
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