Slagle 13F annual report

Slagle is an investment fund managing more than $193 billion ran by Chad Tobin. There are currently 97 companies in Mr. Tobin’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $20.7 billion.

Limited to 30 biggest holdings

$193 billion Assets Under Management (AUM)

As of 17th July 2024, Slagle’s top holding is 24,467 shares of Microsoft currently worth over $10.9 billion and making up 5.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Slagle owns more than approximately 0.1% of the company. In addition, the fund holds 46,214 shares of Apple Inc worth $9.73 billion, whose value grew 15.3% in the past six months. The third-largest holding is NVIDIA Corp worth $8.31 billion and the next is American Centy Etf Tr worth $11.4 billion, with 148,106 shares owned.

Currently, Slagle's portfolio is worth at least $193 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 Slagle

The Slagle office and employees reside in Edwardsville, Illinois. According to the last 13-F report filed with the SEC, Chad Tobin serves as the CCO at Slagle.

Recent trades

In the most recent 13F filing, Slagle revealed that it had opened a new position in Eversource and bought 66,867 shares worth $3.79 billion. This means they effectively own approximately 0.1% of the company. Eversource makes up 47.0% of the fund's Utilities sector allocation and has decreased its share price by 17.1% in the past year.

The investment fund also strengthened its position in Microsoft by buying 6,999 additional shares. This makes their stake in Microsoft total 24,467 shares worth $10.9 billion. Microsoft soared 26.7% in the past year.

On the other hand, there are companies that Slagle is getting rid of from its portfolio. Slagle closed its position in Blackstone Inc on 24th July 2024. It sold the previously owned 26,094 shares for $2.43 billion. Chad Tobin also disclosed a decreased stake in Procter And Gamble Co by approximately 0.1%. This leaves the value of the investment at $5.79 billion and 35,109 shares.

One of the smallest hedge funds

The two most similar investment funds to Slagle are New Vernon Capital Ii and Denver Wealth Management, Inc. They manage $193 billion and $193 billion respectively.


Chad Tobin investment strategy

Slagle’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 12.7% of the total portfolio value. The fund focuses on investments in the United States as 44.3% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 1.0% of the portfolio. The average market cap of the portfolio companies is close to $270 billion.

The complete list of Slagle trades based on 13F SEC filings

These positions were updated on July 24th 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
Microsoft Corporation
40.07%
24,467
$10,935,639,000 5.66%
Apple Inc
13.02%
46,214
$9,733,569,000 5.04%
NVIDIA Corp
672.70%
67,279
$8,311,650,000 4.30%
American Centy Etf Tr
37.01%
148,106
$11,412,150,000 5.90%
Procter And Gamble Co
6.97%
35,109
$5,790,250,000 3.00%
Exxon Mobil Corp.
2.40%
43,600
$5,019,199,000 2.60%
Spdr Ser Tr
3.64%
101,421
$6,657,607,000 3.44%
Pepsico Inc
113.92%
27,899
$4,601,400,000 2.38%
Coca-Cola Co
57.35%
72,291
$4,601,304,000 2.38%
Eversource Energy
Opened
66,867
$3,792,050,000 1.96%
NextEra Energy Inc
Opened
52,966
$3,750,529,000 1.94%
Jpmorgan Chase Co.
23.95%
18,492
$3,740,210,000 1.93%
Fidelity Covington Trust
99.60%
74,548
$3,487,353,000 1.80%
Fidelity Merrimack Str Tr
22.66%
75,814
$3,406,340,000 1.76%
Honeywell International Inc
87.30%
15,671
$3,346,471,000 1.73%
RTX Corp
45.40%
33,286
$3,341,619,000 1.73%
GE Aerospace
Opened
20,507
$3,259,983,000 1.69%
Public Storage Oper Co
168.73%
10,225
$2,941,167,000 1.52%
Philip Morris International Inc
39.49%
28,136
$2,851,010,000 1.47%
Altria Group Inc.
12.62%
61,245
$2,789,717,000 1.44%
Healthcare Rlty Tr
Opened
166,812
$2,749,062,000 1.42%
Targa Res Corp
Opened
20,650
$2,659,307,000 1.38%
Lockheed Martin Corp.
33.97%
5,647
$2,637,730,000 1.36%
Att Inc
13.34%
134,964
$2,579,169,000 1.33%
Qualcomm, Inc.
0.67%
12,661
$2,521,860,000 1.30%
Chevron Corp.
36.57%
15,998
$2,502,439,000 1.29%
Bank America Corp
36.73%
62,619
$2,490,372,000 1.29%
United Parcel Service, Inc.
32.41%
17,932
$2,453,998,000 1.27%
Blackstone Inc
Closed
26,094
$2,425,981,000
Vanguard Index Fds
6.26%
8,062
$3,153,157,000 1.63%
Devon Energy Corp.
70.03%
48,643
$2,305,679,000 1.19%
Cisco Sys Inc
9.72%
47,989
$2,279,966,000 1.18%
Crown Castle Inc
23.13%
22,936
$2,240,801,000 1.16%
International Business Machs
2.30%
12,755
$2,206,063,000 1.14%
Medtronic Plc
0.48%
27,865
$2,193,289,000 1.13%
Dell Technologies Inc
Opened
15,594
$2,150,569,000 1.11%
Prologis Inc
12.02%
18,721
$2,102,502,000 1.09%
Home Depot, Inc.
373.06%
6,093
$2,097,603,000 1.09%
Caterpillar Inc.
24.59%
6,267
$2,087,560,000 1.08%
Conocophillips
12.39%
17,621
$2,015,459,000 1.04%
American Tower Corp.
Closed
10,166
$1,971,594,000
AMGEN Inc.
Opened
6,250
$1,952,662,000 1.01%
Johnson Johnson
4.98%
12,785
$1,868,625,000 0.97%
Bristol-Myers Squibb Co.
88.28%
44,642
$1,853,985,000 0.96%
Digital Rlty Tr Inc
28.76%
11,888
$1,807,637,000 0.94%
Walgreens Boots Alliance Inc
Opened
149,231
$1,804,948,000 0.93%
Pfizer Inc.
30.27%
64,223
$1,796,958,000 0.93%
3M Co.
1.50%
17,442
$1,782,381,000 0.92%
Weyerhaeuser Co Mtn Be
Closed
52,719
$1,766,580,000
Gilead Sciences, Inc.
4.95%
25,677
$1,761,700,000 0.91%
Comcast Corp New
Closed
39,719
$1,650,323,000
Simon Ppty Group Inc New
Opened
10,478
$1,590,606,000 0.82%
Visa Inc
19.84%
5,804
$1,523,335,000 0.79%
HP Inc
Closed
49,474
$1,519,332,000
Annaly Capital Management In
Closed
74,014
$1,481,021,000
Citigroup Inc
42.60%
22,992
$1,459,042,000 0.75%
Coterra Energy Inc
Opened
54,312
$1,448,490,000 0.75%
Eog Res Inc
14.63%
11,430
$1,438,662,000 0.74%
Union Pac Corp
21.84%
6,338
$1,433,986,000 0.74%
American Finl Group Inc Ohio
12.21%
11,346
$1,395,726,000 0.72%
Omega Healthcare Invs Inc
7.53%
39,619
$1,356,963,000 0.70%
Walmart Inc
747.07%
17,204
$1,164,908,000 0.60%
Franklin Templeton Etf Tr
28.48%
70,332
$1,685,560,000 0.87%
Abbvie Inc
20.10%
5,454
$935,522,000 0.48%
Hartford Fds Exchange Traded
Closed
26,413
$882,986,000
Amazon.com Inc.
30.03%
3,765
$727,586,000 0.38%
Ishares Tr
16.44%
13,321
$1,682,202,000 0.87%
Vanguard Scottsdale Fds
36.41%
10,596
$614,479,000 0.32%
Spdr Sp 500 Etf Tr
13.87%
985
$535,821,000 0.28%
Rithm Capital Corp
78.70%
48,124
$525,028,000 0.27%
Ishares Gold Tr
23.86%
22,257
$516,362,000 0.27%
The Southern Co.
22.94%
6,502
$504,328,000 0.26%
Tesla Inc
Closed
1,794
$469,643,000
Select Sector Spdr Tr
1.81%
1,966
$444,760,000 0.23%
J P Morgan Exchange Traded F
9.46%
8,309
$419,378,000 0.22%
Vanguard Whitehall Fds
4.98%
3,224
$382,400,000 0.20%
Verizon Communications Inc
37.57%
8,699
$358,750,000 0.19%
Merck Co Inc
81.00%
2,823
$349,499,000 0.18%
Wells Fargo Co New
91.21%
5,731
$340,377,000 0.18%
Abbott Labs
16.54%
3,275
$340,255,000 0.18%
BP plc
Closed
9,593
$338,513,000
Mastercard Incorporated
Closed
858
$337,515,000
Eli Lilly Co
25.96%
368
$332,791,000 0.17%
Ishares Tr
Closed
8,810
$1,047,747,000
Phillips Edison Co Inc
Closed
9,553
$325,559,000
Canadian Imperial Bk Comm To
Closed
7,183
$306,578,000
Duke Energy Corp.
36.76%
3,017
$302,415,000 0.16%
BCE Inc
Closed
6,553
$298,791,000
Mcdonalds Corp
Closed
1,001
$298,762,000
Ishares Inc
43.34%
5,512
$295,053,000 0.15%
Norfolk Southn Corp
Opened
1,358
$291,598,000 0.15%
Dominion Energy Inc
Closed
5,539
$286,874,000
Vanguard Tax-managed Fds
2.36%
5,762
$284,763,000 0.15%
Unitedhealth Group Inc
Closed
590
$283,452,000
Meta Platforms Inc
45.17%
562
$283,281,000 0.15%
National Grid Plc
Closed
4,148
$279,291,000
Applied Matls Inc
Opened
1,157
$273,039,000 0.14%
Old Rep Intl Corp
92.39%
8,749
$270,357,000 0.14%
Pimco Etf Tr
Opened
2,672
$270,113,000 0.14%
Spdr Gold Tr
5.74%
1,247
$268,117,000 0.14%
Spdr Index Shs Fds
Closed
9,101
$258,932,000
Alphabet Inc
49.57%
1,419
$258,410,000 0.13%
First Tr Exchange Traded Fd
8.40%
11,125
$248,444,000 0.13%
Vanguard World Fd
Opened
429
$247,355,000 0.13%
Spdr Index Shs Fds
13.44%
4,121
$243,601,000 0.13%
Boeing Co.
22.85%
1,337
$243,368,000 0.13%
Berkshire Hathaway Inc.
47.55%
588
$239,030,000 0.12%
Global X Fds
9.23%
13,811
$238,246,000 0.12%
Timothy Plan
Closed
7,450
$234,662,000
Ameren Corp.
6.39%
3,246
$230,841,000 0.12%
Spdr Dow Jones Indl Average
Opened
588
$230,114,000 0.12%
Vanguard Charlotte Fds
Opened
4,706
$229,031,000 0.12%
Ishares Tr
Opened
1,030
$220,952,000 0.11%
Vanguard Scottsdale Fds
Closed
3,467
$220,270,000
Aim Etf Products Trust
Opened
8,471
$215,792,000 0.11%
Realty Income Corp.
16.55%
4,079
$215,462,000 0.11%
PPL Corp
Closed
8,013
$212,019,000
GSK Plc
47.94%
5,334
$205,355,000 0.11%
Huntington Bancshares, Inc.
Closed
16,587
$178,825,000
Ford Mtr Co Del
32.73%
13,201
$165,540,000 0.09%
Vodafone Group plc
Closed
15,546
$146,904,000
National Cinemedia Inc
Closed
15,200
$5,122,000
22nd Centy Group Inc
Closed
10,000
$3,827,000
No transactions found
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