Barnett 13F annual report
Barnett is an investment fund managing more than $139 billion ran by Warren Barnett. There are currently 76 companies in Mr. Barnett’s portfolio. The largest investments include Federal Agric Mtg Corp and Unum, together worth $15.7 billion.
$139 billion Assets Under Management (AUM)
As of 5th August 2024, Barnett’s top holding is 44,714 shares of Federal Agric Mtg Corp currently worth over $8.09 billion and making up 5.8% of the portfolio value.
In addition, the fund holds 148,742 shares of Unum worth $7.6 billion, whose value grew 10.7% in the past six months.
The third-largest holding is OneMain Inc worth $6.15 billion and the next is Thermo Fisher Scientific worth $6.06 billion, with 10,953 shares owned.
Currently, Barnett's portfolio is worth at least $139 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 Barnett
The Barnett office and employees reside in Chattanooga, Tennessee. According to the last 13-F report filed with the SEC, Warren Barnett serves as the President at Barnett.
Recent trades
In the most recent 13F filing, Barnett revealed that it had opened a new position in
HP Inc and bought 82,290 shares worth $2.88 billion.
This means they effectively own approximately 0.1% of the company.
HP Inc makes up
48.3%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Pfizer by buying
8,230 additional shares.
This makes their stake in Pfizer total 201,655 shares worth $5.64 billion.
Pfizer dropped approximately 0.1% in the past year.
On the other hand, there are companies that Barnett is getting rid of from its portfolio.
Barnett closed its position in Insteel Inds Inc on 12th August 2024.
It sold the previously owned 45,600 shares for $1.74 billion.
Warren Barnett also disclosed a decreased stake in Federal Agric Mtg Corp by approximately 0.1%.
This leaves the value of the investment at $8.09 billion and 44,714 shares.
One of the smallest hedge funds
The two most similar investment funds to Barnett are Pelham Capital and Advantage Trust Co. They manage $139 billion and $139 billion respectively.
Warren Barnett investment strategy
Barnett’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 15.0% of
the total portfolio value.
The fund focuses on investments in the United States as
52.6% 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 1.3% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
The complete list of Barnett trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Federal Agric Mtg Corp |
1.83%
44,714
|
$8,085,185,000 | 5.80% |
| Unum Group |
0.88%
148,742
|
$7,602,204,000 | 5.46% |
| OneMain Holdings Inc |
0.41%
126,823
|
$6,149,647,000 | 4.41% |
| Thermo Fisher Scientific Inc. |
No change
10,953
|
$6,057,009,000 | 4.35% |
| Williams Cos Inc |
1.07%
138,065
|
$5,867,763,000 | 4.21% |
| Kinetik Holdings Inc |
0.42%
141,543
|
$5,865,542,000 | 4.21% |
| Abbvie Inc |
No change
33,668
|
$5,774,735,000 | 4.14% |
| Pfizer Inc. |
4.25%
201,655
|
$5,642,313,000 | 4.05% |
| Oneok Inc. |
0.34%
58,116
|
$4,739,360,000 | 3.40% |
| Calumet Specialty Prods Part |
0.71%
281,415
|
$4,516,716,000 | 3.24% |
| Scotts Miracle-Gro Company |
No change
51,114
|
$3,325,477,000 | 2.39% |
| Mativ Holdings Inc |
1.42%
188,661
|
$3,199,691,000 | 2.30% |
| Sunoco Lp/sunoco Fin Corp |
1.25%
52,883
|
$2,990,005,000 | 2.15% |
| HP Inc |
Opened
82,290
|
$2,881,796,000 | 2.07% |
| Discover Finl Svcs |
1.91%
21,443
|
$2,804,959,000 | 2.01% |
| Conocophillips |
No change
23,441
|
$2,681,182,000 | 1.92% |
| National Fuel Gas Co. |
4.01%
46,742
|
$2,532,949,000 | 1.82% |
| Union Pac Corp |
No change
11,078
|
$2,506,508,000 | 1.80% |
| Kroger Co. |
0.33%
49,933
|
$2,493,155,000 | 1.79% |
| Generac Holdings Inc |
No change
18,125
|
$2,396,488,000 | 1.72% |
| Six Flags Entmt Corp New |
13.29%
71,474
|
$2,368,648,000 | 1.70% |
| CVS Health Corp |
3.69%
39,005
|
$2,303,635,000 | 1.65% |
| Freeport-McMoRan Inc |
2.18%
47,014
|
$2,284,880,000 | 1.64% |
| Ally Finl Inc |
0.77%
51,420
|
$2,039,831,000 | 1.46% |
| Canadian Natl Ry Co |
5.63%
16,754
|
$1,979,150,000 | 1.42% |
| Warner Bros.Discovery Inc |
132.60%
257,156
|
$1,913,241,000 | 1.37% |
| CSX Corp. |
No change
55,950
|
$1,871,528,000 | 1.34% |
| MPLX LP |
0.75%
43,887
|
$1,869,147,000 | 1.34% |
| APA Corporation |
3.79%
62,618
|
$1,843,474,000 | 1.32% |
| Insteel Inds Inc |
Closed
45,600
|
$1,742,832,000 | |
| RTX Corp |
2.38%
17,230
|
$1,729,720,000 | 1.24% |
| Alaska Air Group Inc. |
0.81%
40,827
|
$1,649,411,000 | 1.18% |
| Lyondellbasell Industries N |
Closed
13,897
|
$1,421,385,000 | |
| Blackstone Secd Lending Fd |
0.72%
46,212
|
$1,415,011,000 | 1.02% |
| Wabtec |
No change
8,929
|
$1,411,228,000 | 1.01% |
| Laboratory Corp Amer Hldgs |
Closed
5,810
|
$1,269,253,000 | |
| Chesapeake Energy Corp. |
0.40%
14,968
|
$1,230,220,000 | 0.88% |
| Antero Midstream Corp |
1.33%
81,700
|
$1,204,258,000 | 0.86% |
| Labcorp Holdings Inc. |
Opened
5,810
|
$1,182,393,000 | 0.85% |
| Blue Owl Capital Corporation |
1.06%
74,450
|
$1,143,552,000 | 0.82% |
| Vici Pptys Inc |
16.39%
38,350
|
$1,098,344,000 | 0.79% |
| MGP Ingredients, Inc. |
No change
14,600
|
$1,086,240,000 | 0.78% |
| Crown Castle Inc |
No change
10,440
|
$1,019,988,000 | 0.73% |
| Apple Inc |
No change
4,720
|
$994,126,000 | 0.71% |
| Walgreens Boots Alliance Inc |
0.70%
80,084
|
$968,616,000 | 0.70% |
| Goodyear Tire & Rubr Co |
32.21%
78,800
|
$894,380,000 | 0.64% |
| U-Haul Holding Company |
0.43%
14,050
|
$867,307,000 | 0.62% |
| Schwab Strategic Tr |
1.04%
10,760
|
$836,698,000 | 0.60% |
| Ishares Tr |
0.11%
6,318
|
$1,443,043,000 | 1.04% |
| ON Semiconductor Corp. |
No change
11,155
|
$764,675,000 | 0.55% |
| Crown Holdings, Inc. |
16.12%
9,625
|
$716,004,000 | 0.51% |
| Cleveland-Cliffs Inc |
Closed
30,050
|
$683,337,000 | |
| KLA Corp. |
No change
815
|
$671,976,000 | 0.48% |
| Sixth Street Specialty Lendi |
No change
27,750
|
$592,463,000 | 0.43% |
| Builders Firstsource Inc |
1.42%
4,090
|
$566,097,000 | 0.41% |
| Microsoft Corporation |
No change
1,255
|
$560,922,000 | 0.40% |
| Carrier Global Corporation |
6.34%
8,871
|
$559,583,000 | 0.40% |
| HF Sinclair Corporation |
15.65%
9,700
|
$517,398,000 | 0.37% |
| Bank Of Nt Butterfield&son L |
No change
14,280
|
$501,514,000 | 0.36% |
| Deere & Co. |
No change
1,240
|
$463,301,000 | 0.33% |
| Alphabet Inc |
No change
4,561
|
$833,402,000 | 0.60% |
| Johnson Ctls Intl Plc |
No change
6,850
|
$455,320,000 | 0.33% |
| American Airls Group Inc |
3.90%
39,950
|
$452,634,000 | 0.32% |
| Trane Technologies plc |
No change
1,180
|
$388,137,000 | 0.28% |
| Lci Inds |
No change
3,728
|
$385,401,000 | 0.28% |
| Terex Corp. |
No change
7,000
|
$383,880,000 | 0.28% |
| Henry Schein Inc. |
Closed
4,900
|
$370,048,000 | |
| Canadian Pacific Kansas City |
No change
4,525
|
$356,253,000 | 0.26% |
| Delta Air Lines, Inc. |
No change
7,431
|
$352,527,000 | 0.25% |
| Goldman Sachs Etf Tr |
33.68%
4,918
|
$349,940,000 | 0.25% |
| Vanguard Specialized Funds |
No change
1,847
|
$337,170,000 | 0.24% |
| Norfolk Southn Corp |
No change
1,318
|
$282,894,000 | 0.20% |
| Mueller Inds Inc |
No change
4,950
|
$281,853,000 | 0.20% |
| VanEck ETF Trust |
1.95%
3,169
|
$274,467,000 | 0.20% |
| Qualcomm, Inc. |
No change
1,250
|
$248,975,000 | 0.18% |
| First Tr Exchange-traded Fd |
5.46%
9,081
|
$238,649,000 | 0.17% |
| Spdr S&p 500 Etf Tr |
No change
420
|
$228,572,000 | 0.16% |
| Atkore Inc |
Closed
1,200
|
$228,432,000 | |
| Western Midstream Partners L |
No change
5,700
|
$226,461,000 | 0.16% |
| Block H & R Inc |
No change
4,120
|
$223,428,000 | 0.16% |
| Invesco Exchange Traded Fd T |
9.59%
3,280
|
$208,411,000 | 0.15% |
| Cnh Indl N V |
70.67%
16,000
|
$162,080,000 | 0.12% |
| Amcor Plc |
Closed
14,400
|
$136,944,000 | |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||
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