Marco Investment Management 13F annual report

Marco Investment Management is an investment fund managing more than $1.08 trillion ran by Mark Burton. There are currently 189 companies in Mr. Burton’s portfolio. The largest investments include Broadcom Inc and Apple Inc, together worth $131 billion.

Limited to 30 biggest holdings

$1.08 trillion Assets Under Management (AUM)

As of 31st July 2024, Marco Investment Management’s top holding is 44,824 shares of Broadcom Inc currently worth over $72 billion and making up 6.7% of the portfolio value. Relative to the number of outstanding shares of Broadcom Inc, Marco Investment Management owns more than approximately 0.1% of the company. In addition, the fund holds 279,139 shares of Apple Inc worth $58.8 billion, whose value grew 10.5% in the past six months. The third-largest holding is Qualcomm worth $38.6 billion and the next is Microsoft worth $35.3 billion, with 79,051 shares owned.

Currently, Marco Investment Management's portfolio is worth at least $1.08 trillion. 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 Marco Investment Management

The Marco Investment Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Mark Burton serves as the Chief Compliance Officer at Marco Investment Management.

Recent trades

In the most recent 13F filing, Marco Investment Management revealed that it had opened a new position in Netflix and bought 535 shares worth $361 million. This means they effectively own approximately 0.1% of the company. Netflix makes up 7.8% of the fund's Communication Services sector allocation and has grown its share price by 35.8% in the past year.

The investment fund also strengthened its position in Broadcom Inc by buying 3 additional shares. This makes their stake in Broadcom Inc total 44,824 shares worth $72 billion. Broadcom Inc dropped 84.2% in the past year.

On the other hand, there are companies that Marco Investment Management is getting rid of from its portfolio. Marco Investment Management closed its position in Keurig Dr Pepper Inc on 7th August 2024. It sold the previously owned 20,650 shares for $688 million. Mark Burton also disclosed a decreased stake in Qualcomm by approximately 0.1%. This leaves the value of the investment at $38.6 billion and 193,861 shares.

One of the average hedge funds

The two most similar investment funds to Marco Investment Management are Kiltearn Partners LL.P. and Blue Chip Partners. They manage $1.08 trillion and $1.08 trillion respectively.


Mark Burton investment strategy

Marco Investment Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 26.3% of the total portfolio value. The fund focuses on investments in the United States as 61.4% 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 57% of the total holdings value. On the other hand, small-cap stocks make up only 2.1% of the portfolio. The average market cap of the portfolio companies is close to $146 billion.

The complete list of Marco Investment Management 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
Broadcom Inc
0.01%
44,824
$71,966,277,000 6.66%
Apple Inc
0.81%
279,139
$58,792,256,000 5.44%
Qualcomm, Inc.
2.05%
193,861
$38,613,234,000 3.57%
Microsoft Corporation
0.46%
79,051
$35,331,844,000 3.27%
Costco Whsl Corp New
1.74%
41,209
$35,027,238,000 3.24%
JPMorgan Chase & Co.
1.65%
160,467
$32,456,055,000 3.00%
Abbvie Inc
10.62%
140,513
$24,100,790,000 2.23%
Caterpillar Inc.
2.66%
71,623
$23,857,621,000 2.21%
Cigna Group (The)
4.65%
71,810
$23,738,232,000 2.20%
Lowes Cos Inc
0.19%
106,490
$23,476,785,000 2.17%
Palo Alto Networks Inc
25.65%
66,545
$22,559,420,000 2.09%
Goldman Sachs Group, Inc.
4.09%
49,383
$22,336,919,000 2.07%
Lyondellbasell Industries N
2.72%
207,685
$19,867,147,000 1.84%
Nxp Semiconductors N V
0.50%
73,348
$19,737,213,000 1.83%
Home Depot, Inc.
1.56%
56,815
$19,557,996,000 1.81%
KLA Corp.
0.49%
23,289
$19,202,013,000 1.78%
Unitedhealth Group Inc
0.52%
36,545
$18,610,907,000 1.72%
Stryker Corp.
1.21%
54,414
$18,514,364,000 1.71%
Coca-Cola Co
0.66%
289,972
$18,456,718,000 1.71%
Walmart Inc
204.39%
267,827
$18,134,566,000 1.68%
American Express Co.
0.97%
73,264
$16,964,279,000 1.57%
Oracle Corp.
0.88%
110,759
$15,639,171,000 1.45%
Conocophillips
35.63%
136,473
$15,609,782,000 1.44%
Enterprise Prods Partners L
3.08%
535,655
$15,523,282,000 1.44%
Cisco Sys Inc
0.04%
318,130
$15,114,356,000 1.40%
United Parcel Service, Inc.
0.95%
109,832
$15,030,509,000 1.39%
Salesforce Inc
3.70%
52,598
$13,522,946,000 1.25%
Union Pac Corp
1.56%
56,393
$12,759,480,000 1.18%
Alphabet Inc
2.06%
79,067
$14,413,774,000 1.33%
AMGEN Inc.
8.15%
39,052
$12,201,797,000 1.13%
Merck & Co Inc
2.06%
94,141
$11,654,656,000 1.08%
Spdr S&p 500 Etf Tr
0.68%
20,584
$11,202,224,000 1.04%
Phillips 66
2.47%
76,120
$10,745,860,000 0.99%
Lam Research Corp.
37.37%
10,050
$10,701,743,000 0.99%
Advanced Micro Devices Inc.
31.82%
62,588
$10,152,399,000 0.94%
Spdr Gold Tr
104.99%
46,615
$10,022,691,000 0.93%
Procter And Gamble Co
0.23%
60,690
$10,008,995,000 0.93%
Honeywell International Inc
3.64%
43,668
$9,324,865,000 0.86%
Exxon Mobil Corp.
29.91%
75,122
$8,648,045,000 0.80%
Aflac Inc.
0.97%
94,443
$8,434,704,000 0.78%
Medtronic Plc
1.07%
97,731
$7,692,407,000 0.71%
Marvell Technology Inc
No change
109,500
$7,654,050,000 0.71%
Applied Matls Inc
13.52%
31,340
$7,395,927,000 0.68%
Northrop Grumman Corp.
0.62%
16,250
$7,084,188,000 0.66%
Abbott Labs
3.28%
66,357
$6,895,156,000 0.64%
Thermo Fisher Scientific Inc.
1.08%
12,027
$6,650,931,000 0.62%
Disney Walt Co
1.95%
63,814
$6,336,092,000 0.59%
NVIDIA Corp
871.03%
50,872
$6,284,727,000 0.58%
Autozone Inc.
No change
2,015
$5,972,662,000 0.55%
Meta Platforms Inc
0.23%
11,528
$5,812,648,000 0.54%
Schwab Charles Corp
0.01%
77,255
$5,692,921,000 0.53%
Global Pmts Inc
11.23%
57,722
$5,581,717,000 0.52%
Intel Corp.
3.57%
177,285
$5,490,516,000 0.51%
L3Harris Technologies Inc
1.88%
24,057
$5,402,721,000 0.50%
Roper Technologies Inc
6.60%
9,011
$5,079,140,000 0.47%
Jacobs Solutions Inc
17.52%
35,180
$4,914,998,000 0.45%
CVS Health Corp
46.20%
78,122
$4,613,885,000 0.43%
Eog Res Inc
24.62%
36,505
$4,594,884,000 0.42%
Johnson & Johnson
1.50%
29,104
$4,253,841,000 0.39%
Pfizer Inc.
5.58%
143,332
$4,010,429,000 0.37%
Quanta Svcs Inc
3.31%
15,343
$3,898,503,000 0.36%
Mcdonalds Corp
13.15%
14,672
$3,739,012,000 0.35%
Bank America Corp
4.13%
93,669
$3,725,216,000 0.34%
Tesla Inc
2.72%
18,120
$3,585,586,000 0.33%
Duke Energy Corp.
33.40%
35,119
$3,519,977,000 0.33%
Magna International Inc.
11.49%
82,620
$3,461,778,000 0.32%
Exact Sciences Corp.
3.79%
80,129
$3,385,450,000 0.31%
Verizon Communications Inc
4.34%
80,743
$3,329,841,000 0.31%
Realty Income Corp.
1.40%
61,270
$3,236,281,000 0.30%
Tjx Cos Inc New
13.63%
29,123
$3,206,442,000 0.30%
Cognizant Technology Solutio
2.34%
46,945
$3,192,260,000 0.30%
Accenture Plc Ireland
1.96%
9,995
$3,032,583,000 0.28%
Amazon.com Inc.
18.55%
15,660
$3,026,295,000 0.28%
Dollar Gen Corp New
7.00%
22,157
$2,929,820,000 0.27%
Expedia Group Inc
0.43%
22,907
$2,886,053,000 0.27%
Starbucks Corp.
17.66%
36,151
$2,814,355,000 0.26%
Chevron Corp.
58.81%
16,745
$2,619,253,000 0.24%
Eaton Corp Plc
12.08%
8,255
$2,588,355,000 0.24%
Bhp Group Ltd
0.89%
45,159
$2,578,127,000 0.24%
PayPal Holdings Inc
12.04%
43,223
$2,508,231,000 0.23%
Invesco Exchange Traded Fd T
3.72%
14,769
$2,426,251,000 0.22%
Digital Rlty Tr Inc
18.73%
15,850
$2,409,993,000 0.22%
Vanguard Index Fds
1.31%
21,039
$4,439,857,000 0.41%
Dow Inc
10.30%
40,889
$2,169,161,000 0.20%
Eli Lilly & Co
5.25%
2,113
$1,913,068,000 0.18%
International Business Machs
13.85%
11,031
$1,907,811,000 0.18%
Kimberly-Clark Corp.
4.89%
13,515
$1,867,773,000 0.17%
Constellation Brands, Inc.
0.69%
7,151
$1,839,809,000 0.17%
APA Corporation
4.40%
61,198
$1,801,669,000 0.17%
Truist Finl Corp
6.22%
46,256
$1,797,046,000 0.17%
Wells Fargo Co New
6.14%
29,401
$1,746,125,000 0.16%
Texas Instrs Inc
No change
8,589
$1,670,818,000 0.15%
Darden Restaurants, Inc.
17.93%
10,850
$1,641,822,000 0.15%
Novartis AG
8.24%
14,905
$1,586,786,000 0.15%
Mosaic Co New
5.85%
54,750
$1,582,275,000 0.15%
Gilead Sciences, Inc.
12.86%
22,601
$1,550,655,000 0.14%
Bristol-Myers Squibb Co.
4.04%
36,888
$1,531,959,000 0.14%
International Flavors&fragra
32.02%
16,025
$1,525,740,000 0.14%
Ishares Tr
71.26%
46,707
$4,561,033,000 0.42%
RTX Corp
9.39%
14,093
$1,414,796,000 0.13%
CSX Corp.
1.24%
41,434
$1,385,967,000 0.13%
DuPont de Nemours Inc
0.83%
16,200
$1,303,938,000 0.12%
TotalEnergies SE
No change
19,278
$1,285,457,000 0.12%
General Mls Inc
7.39%
19,900
$1,258,874,000 0.12%
Select Sector Spdr Tr
0.35%
49,804
$4,381,932,000 0.41%
AGCO Corp.
No change
12,600
$1,233,288,000 0.11%
Berkshire Hathaway Inc.
20.85%
2,846
$1,157,753,000 0.11%
Corteva Inc
7.49%
21,294
$1,148,598,000 0.11%
Genuine Parts Co.
54.93%
7,813
$1,080,694,000 0.10%
Dover Corp.
3.65%
5,698
$1,028,204,000 0.10%
Rollins, Inc.
No change
21,000
$1,024,590,000 0.09%
Novo-nordisk A S
2.36%
6,602
$942,369,000 0.09%
RPM International, Inc.
0.06%
8,627
$928,955,000 0.09%
Stmicroelectronics N V
1.81%
21,700
$852,376,000 0.08%
IAC Inc
7.06%
17,454
$817,720,000 0.08%
The Southern Co.
0.02%
10,135
$786,172,000 0.07%
Akamai Technologies Inc
10.18%
8,510
$766,581,000 0.07%
Humana Inc.
No change
2,000
$747,300,000 0.07%
Vanguard Whitehall Fds
No change
6,300
$747,180,000 0.07%
Dominion Energy Inc
1.03%
14,389
$705,061,000 0.07%
Keurig Dr Pepper Inc
Closed
20,650
$688,058,000
Inmode Ltd
211.44%
37,575
$685,368,000 0.06%
Ross Stores, Inc.
No change
4,600
$668,472,000 0.06%
AT&T Inc.
11.44%
34,788
$664,799,000 0.06%
Schlumberger Ltd.
No change
13,472
$635,609,000 0.06%
Sysco Corp.
No change
8,825
$630,017,000 0.06%
Citigroup Inc
0.21%
9,632
$611,247,000 0.06%
Altria Group Inc.
0.54%
13,093
$596,386,000 0.06%
Pepsico Inc
4.05%
3,413
$562,906,000 0.05%
Church & Dwight Co., Inc.
30.86%
5,300
$549,504,000 0.05%
EBay Inc.
0.34%
10,135
$544,452,000 0.05%
Deere & Co.
7.61%
1,414
$528,313,000 0.05%
EA Series Trust
No change
15,863
$504,091,000 0.05%
Pentair plc
Closed
6,900
$501,699,000
Expeditors Intl Wash Inc
No change
3,650
$455,484,000 0.04%
Target Corp
1.33%
3,052
$451,818,000 0.04%
Carrier Global Corporation
1.97%
7,156
$451,400,000 0.04%
Acuity Brands, Inc.
19.93%
1,805
$435,799,000 0.04%
Dexcom Inc
0.53%
3,780
$428,576,000 0.04%
Energy Transfer L P
31.92%
26,106
$423,439,000 0.04%
Visa Inc
34.97%
1,540
$404,204,000 0.04%
Mckesson Corporation
No change
686
$400,651,000 0.04%
Travelers Companies Inc.
0.62%
1,947
$395,903,000 0.04%
Paramount Global
Closed
25,525
$377,515,000
Us Bancorp Del
0.45%
9,478
$376,277,000 0.03%
Casella Waste Sys Inc
6.96%
3,690
$366,122,000 0.03%
Graco Inc.
No change
4,600
$364,688,000 0.03%
Netflix Inc.
Opened
535
$361,061,000 0.03%
Broadridge Finl Solutions In
No change
1,800
$354,600,000 0.03%
Automatic Data Processing In
3.27%
1,454
$347,055,000 0.03%
Descartes Sys Group Inc
No change
3,545
$343,298,000 0.03%
Oneok Inc.
16.88%
4,099
$334,273,000 0.03%
Philip Morris International Inc
7.75%
3,108
$314,934,000 0.03%
Weyerhaeuser Co Mtn Be
No change
10,999
$312,262,000 0.03%
Yum Brands Inc.
15.00%
2,300
$304,658,000 0.03%
Lululemon Athletica inc.
Closed
593
$303,195,000
Electronic Arts, Inc.
5.39%
2,150
$299,560,000 0.03%
Exponent Inc.
9.00%
3,075
$292,494,000 0.03%
Cummins Inc.
10.47%
1,055
$292,161,000 0.03%
Nutrien Ltd
3.39%
5,700
$290,187,000 0.03%
Altair Engr Inc
No change
2,945
$288,846,000 0.03%
Boeing Co.
26.01%
1,582
$287,940,000 0.03%
Simpson Mfg Inc
No change
1,670
$281,445,000 0.03%
Brinker International, Inc.
Opened
3,850
$278,702,000 0.03%
Nuveen S&p 500 Buy-write Inc
No change
20,300
$274,050,000 0.03%
Nucor Corp.
5.51%
1,716
$271,265,000 0.03%
Sps Comm Inc
10.83%
1,400
$263,424,000 0.02%
S&P Global Inc
17.60%
588
$262,248,000 0.02%
Shell Plc
3.68%
3,607
$260,353,000 0.02%
LKQ Corp
14.62%
6,200
$257,858,000 0.02%
Martin Marietta Matls Inc
No change
475
$257,355,000 0.02%
Adobe Inc
Closed
430
$256,538,000
Invesco Exch Trd Slf Idx Fd
No change
4,720
$247,753,000 0.02%
AAON Inc.
38.80%
2,839
$247,674,000 0.02%
3M Co.
Closed
2,265
$247,610,000
Mastercard Incorporated
1.63%
561
$247,491,000 0.02%
Construction Partners Inc
13.94%
4,445
$245,408,000 0.02%
Mondelez International Inc.
9.89%
3,744
$245,007,000 0.02%
Fedex Corp
Opened
816
$244,669,000 0.02%
Novanta Inc
No change
1,480
$241,403,000 0.02%
Vanguard Index Fds
Opened
1,080
$235,483,000 0.02%
Booking Holdings Inc
Opened
59
$233,729,000 0.02%
FirstService Corp
No change
1,510
$230,079,000 0.02%
Marriott Intl Inc New
Closed
997
$224,833,000
NextEra Energy Inc
Opened
3,168
$224,326,000 0.02%
Vulcan Matls Co
1.21%
900
$223,812,000 0.02%
Extra Space Storage Inc.
No change
1,390
$216,020,000 0.02%
Republic Svcs Inc
Opened
1,083
$210,470,000 0.02%
Nike, Inc.
Closed
1,927
$209,214,000
Ishares Tr
Opened
3,883
$408,541,000 0.04%
Pembina Pipeline Corporation
Opened
5,570
$206,536,000 0.02%
RBC Bearings Inc.
No change
760
$205,033,000 0.02%
Lemaitre Vascular Inc
Opened
2,450
$201,586,000 0.02%
Universal Ins Hldgs Inc
No change
10,000
$187,600,000 0.02%
Eledon Pharmaceuticals, Inc.
Opened
30,344
$80,108,000 0.01%
DarioHealth Corp
No change
19,250
$22,908,000 0.00%
Permianville Rty Tr
No change
12,000
$12,360,000 0.00%
No transactions found
Showing first 500 out of 197 holdings