Lane & Associates 13F annual report
Lane & Associates is an investment fund managing more than $169 billion ran by Michael Stringer. There are currently 69 companies in Mr. Stringer’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Vanguard Index Fds, together worth $47.4 billion.
$169 billion Assets Under Management (AUM)
As of 31st July 2024, Lane & Associates’s top holding is 40,822 shares of Spdr S&p 500 Etf Tr currently worth over $22.2 billion and making up 13.2% of the portfolio value.
In addition, the fund holds 100,961 shares of Vanguard Index Fds worth $25.2 billion.
The third-largest holding is Dimensional Etf Trust worth $7.66 billion and the next is Microsoft worth $6.57 billion, with 14,699 shares owned.
Currently, Lane & Associates's portfolio is worth at least $169 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 Lane & Associates
The Lane & Associates office and employees reside in Moorestown, New Jersey. According to the last 13-F report filed with the SEC, Michael Stringer serves as the COO at Lane & Associates.
Recent trades
In the most recent 13F filing, Lane & Associates revealed that it had opened a new position in
Procter And Gamble Co and bought 13,645 shares worth $2.25 billion.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
1,709 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 40,822 shares worth $22.2 billion.
On the other hand, there are companies that Lane & Associates is getting rid of from its portfolio.
Lane & Associates closed its position in Ishares Tr on 7th August 2024.
It sold the previously owned 20,690 shares for $1.03 billion.
Michael Stringer also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $25.2 billion and 100,961 shares.
One of the smallest hedge funds
The two most similar investment funds to Lane & Associates are Fairfield, Bush & Co and Custom Index Systems. They manage $169 billion and $169 billion respectively.
Michael Stringer investment strategy
Lane & Associates’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 5.5% of
the total portfolio value.
The fund focuses on investments in the United States as
43.5% 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
38% 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 $353 billion.
The complete list of Lane & Associates trades based on 13F SEC filings
These positions were updated on August 7th 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 S&p 500 Etf Tr |
4.37%
40,822
|
$22,215,965,000 | 13.17% |
| Vanguard Index Fds |
5.38%
100,961
|
$25,183,911,000 | 14.93% |
| Dimensional Etf Trust |
32.99%
216,108
|
$7,657,231,000 | 4.54% |
| Microsoft Corporation |
80.13%
14,699
|
$6,569,545,000 | 3.90% |
| Vanguard Admiral Fds Inc |
20.80%
38,160
|
$6,882,238,000 | 4.08% |
| Spdr Index Shs Fds |
19.47%
91,553
|
$6,332,155,000 | 3.75% |
| Ishares Tr |
7.62%
420,143
|
$37,921,490,000 | 22.49% |
| Spdr Ser Tr |
7.10%
70,508
|
$5,738,170,000 | 3.40% |
| Apple Inc |
0.67%
19,145
|
$4,032,247,000 | 2.39% |
| Vanguard Whitehall Fds |
4.85%
31,926
|
$3,786,458,000 | 2.25% |
| Invesco Exchange Traded Fd T |
7.69%
27,653
|
$4,184,844,000 | 2.48% |
| Pacer Fds Tr |
51.17%
123,662
|
$5,770,646,000 | 3.42% |
| Ishares Inc |
10.57%
57,636
|
$3,085,254,000 | 1.83% |
| Eli Lilly & Co |
1.07%
2,595
|
$2,349,676,000 | 1.39% |
| Procter And Gamble Co |
Opened
13,645
|
$2,250,373,000 | 1.33% |
| Vanguard Mun Bd Fds |
4.85%
32,755
|
$1,641,335,000 | 0.97% |
| NVIDIA Corp |
1,452.51%
13,274
|
$1,639,904,000 | 0.97% |
| Vanguard Intl Equity Index F |
0.03%
19,413
|
$1,138,394,000 | 0.68% |
| Spdr Dow Jones Indl Average |
1.22%
2,674
|
$1,045,846,000 | 0.62% |
| Fidelity Comwlth Tr |
1.12%
14,518
|
$1,015,239,000 | 0.60% |
| Janus Detroit Str Tr |
88.47%
17,692
|
$900,194,000 | 0.53% |
| Ishares Tr |
Opened
30,468
|
$687,654,000 | 0.41% |
| Visa Inc |
0.04%
2,542
|
$667,239,000 | 0.40% |
| Invesco Exch Traded Fd Tr Ii |
19.75%
11,384
|
$1,166,616,000 | 0.69% |
| Amazon.com Inc. |
1.47%
3,290
|
$635,793,000 | 0.38% |
| Johnson & Johnson |
2.68%
4,251
|
$621,385,000 | 0.37% |
| JPMorgan Chase & Co. |
6.56%
2,958
|
$598,185,000 | 0.35% |
| Exxon Mobil Corp. |
0.40%
5,007
|
$576,375,000 | 0.34% |
| Amplify Etf Tr |
0.69%
14,219
|
$550,273,000 | 0.33% |
| Ishares Tr |
Closed
20,690
|
$1,031,958,000 | |
| Wisdomtree Tr |
No change
6,338
|
$494,681,000 | 0.29% |
| General Dynamics Corp. |
9.03%
1,655
|
$480,218,000 | 0.28% |
| Automatic Data Processing In |
Opened
1,874
|
$447,285,000 | 0.27% |
| AMGEN Inc. |
9.42%
1,429
|
$446,349,000 | 0.26% |
| J P Morgan Exchange Traded F |
Closed
9,392
|
$433,827,000 | |
| Hartford Finl Svcs Group Inc |
1.49%
4,237
|
$425,956,000 | 0.25% |
| Pepsico Inc |
8.03%
2,475
|
$408,197,000 | 0.24% |
| Trade Desk Inc |
0.86%
4,118
|
$402,205,000 | 0.24% |
| Merck & Co Inc |
5.87%
3,246
|
$401,802,000 | 0.24% |
| Berkshire Hathaway Inc. |
3.15%
981
|
$399,071,000 | 0.24% |
| Chevron Corp. |
14.19%
2,495
|
$390,233,000 | 0.23% |
| Blackrock Inc. |
7.13%
496
|
$390,162,000 | 0.23% |
| Evercore Inc |
1.61%
1,833
|
$382,037,000 | 0.23% |
| Vanguard Specialized Funds |
1.17%
1,988
|
$362,996,000 | 0.22% |
| Goldman Sachs Group, Inc. |
0.77%
770
|
$348,342,000 | 0.21% |
| Texas Instrs Inc |
0.52%
1,718
|
$334,191,000 | 0.20% |
| Alphabet Inc |
0.06%
1,729
|
$317,139,000 | 0.19% |
| United Parcel Service, Inc. |
5.51%
2,222
|
$304,087,000 | 0.18% |
| Altria Group Inc. |
5.19%
6,214
|
$283,050,000 | 0.17% |
| Invesco Exch Traded Fd Tr Ii |
Closed
9,729
|
$281,274,000 | |
| Eaton Vance Tax-managed Dive |
2.23%
19,721
|
$277,084,000 | 0.16% |
| Unitedhealth Group Inc |
17.69%
539
|
$274,454,000 | 0.16% |
| Home Depot, Inc. |
3.84%
784
|
$269,771,000 | 0.16% |
| Toronto Dominion Bk Ont |
1.08%
4,850
|
$266,556,000 | 0.16% |
| Mcdonalds Corp |
15.86%
1,023
|
$260,733,000 | 0.15% |
| Verizon Communications Inc |
4.92%
6,200
|
$255,690,000 | 0.15% |
| Kroger Co. |
2.22%
5,113
|
$255,305,000 | 0.15% |
| Canadian Nat Res Ltd |
105.49%
7,034
|
$250,410,000 | 0.15% |
| Best Buy Co. Inc. |
2.77%
2,931
|
$247,029,000 | 0.15% |
| J P Morgan Exchange Traded F |
66.03%
5,211
|
$245,561,000 | 0.15% |
| Unum Group |
2.31%
4,653
|
$237,828,000 | 0.14% |
| Snap-on, Inc. |
0.11%
908
|
$237,263,000 | 0.14% |
| Vanguard Star Fds |
0.21%
3,892
|
$234,672,000 | 0.14% |
| Vanguard World Fd |
14.48%
1,977
|
$234,308,000 | 0.14% |
| Eaton Vance Tax-managed Glob |
2.42%
27,580
|
$233,048,000 | 0.14% |
| Vanguard Charlotte Fds |
Closed
4,722
|
$232,275,000 | |
| Meta Platforms Inc |
8.50%
447
|
$225,449,000 | 0.13% |
| Spdr S&p Midcap 400 Etf Tr |
1.22%
415
|
$222,080,000 | 0.13% |
| Price T Rowe Group Inc |
5.02%
1,911
|
$220,301,000 | 0.13% |
| Analog Devices Inc. |
Opened
886
|
$202,179,000 | 0.12% |
| Perpetua Resources Corp |
No change
12,892
|
$67,038,000 | 0.04% |
| Grab Holdings Limited |
3.19%
12,770
|
$45,334,000 | 0.03% |
| Accuray Inc |
Opened
12,186
|
$22,179,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 73 holdings | |||
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