Tiff Advisory Services 13F annual report
Tiff Advisory Services is an investment fund managing more than $290 billion ran by Christian Szautner. There are currently 24 companies in Mr. Szautner’s portfolio. The largest investments include Vanguard Intl Equity Index F and NVIDIA Corp, together worth $81.1 billion.
$290 billion Assets Under Management (AUM)
As of 31st July 2024, Tiff Advisory Services’s top holding is 388,291 shares of Vanguard Intl Equity Index F currently worth over $43.7 billion and making up 15.1% of the portfolio value.
In addition, the fund holds 302,740 shares of NVIDIA Corp worth $37.4 billion, whose value fell 85.7% in the past six months.
The third-largest holding is Financial Select Sector Spdr F worth $28.2 billion and the next is Health Care Select Sector Spdr worth $21.8 billion, with 149,621 shares owned.
Currently, Tiff Advisory Services's portfolio is worth at least $290 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 Tiff Advisory Services
The Tiff Advisory Services office and employees reside in Radnor, Pennsylvania. According to the last 13-F report filed with the SEC, Christian Szautner serves as the Vice president, Chief Compliance Officer and AML Officer at Tiff Advisory Services.
Recent trades
In the most recent 13F filing, Tiff Advisory Services revealed that it had opened a new position in
NVIDIA Corp and bought 302,740 shares worth $37.4 billion.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
72.0%
of the fund's Technology sector allocation and has decreased its share price by 77.9% in the past year.
The investment fund also strengthened its position in Vanguard Intl Equity Index F by buying
116,140 additional shares.
This makes their stake in Vanguard Intl Equity Index F total 388,291 shares worth $43.7 billion.
On the other hand, there are companies that Tiff Advisory Services is getting rid of from its portfolio.
Tiff Advisory Services closed its position in Ishares Tr Msci China Etf on 7th August 2024.
It sold the previously owned 277,008 shares for $11.3 billion.
Christian Szautner also disclosed a decreased stake in Health Care Select Sector Spdr by 0.5%.
This leaves the value of the investment at $21.8 billion and 149,621 shares.
One of the smaller hedge funds
The two most similar investment funds to Tiff Advisory Services are Silverleafe Capital Partners and Atwater Malick. They manage $290 billion and $290 billion respectively.
Christian Szautner investment strategy
Tiff Advisory Services’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 17.9% of
the total portfolio value.
The fund focuses on investments in the United States as
41.7% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $566 billion.
The complete list of Tiff Advisory Services 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 |
|---|---|---|---|
| Vanguard Intl Equity Index F |
42.67%
388,291
|
$43,733,210,000 | 15.08% |
| NVIDIA Corp |
Opened
302,740
|
$37,400,500,000 | 12.90% |
| Financial Select Sector Spdr F |
88.94%
685,770
|
$28,192,005,000 | 9.72% |
| Health Care Select Sector Spdr |
47.79%
149,621
|
$21,807,261,000 | 7.52% |
| Technology Select Sector Spdr |
40.91%
96,003
|
$21,718,759,000 | 7.49% |
| Vanguard Financials Etf |
No change
213,451
|
$21,319,486,000 | 7.35% |
| Permian Resources Corp |
Opened
1,187,328
|
$19,175,347,000 | 6.61% |
| Energy Select Sector Spdr Fund |
No change
156,691
|
$14,282,385,000 | 4.92% |
| Apple Inc |
Opened
66,757
|
$11,668,958,000 | 4.02% |
| Ishares Tr Msci China Etf |
Closed
277,008
|
$11,285,306,000 | |
| Roivant Sciences Ltd |
Opened
1,032,752
|
$10,916,189,000 | 3.76% |
| Vanguard Scottsdale Fds |
57.79%
244,849
|
$14,153,545,000 | 4.88% |
| Amazon.com Inc. |
2.80%
38,659
|
$7,470,852,000 | 2.58% |
| Alphabet Inc |
2.35%
40,586
|
$7,392,740,000 | 2.55% |
| Microsoft Corporation |
Opened
15,972
|
$7,138,685,000 | 2.46% |
| Fidelity National Financial Inc |
7.23%
136,829
|
$6,762,089,000 | 2.33% |
| Intercontinental Exchange In |
3.61%
48,852
|
$6,687,350,000 | 2.31% |
| Booking Holdings Inc |
Closed
1,809
|
$6,416,921,000 | |
| Visa Inc Class A Shares |
4.61%
23,935
|
$6,282,219,000 | 2.17% |
| Vanguard Star Fds |
Closed
50,078
|
$2,902,521,000 | |
| Bark Inc |
No change
704,570
|
$1,275,272,000 | 0.44% |
| Oncology Institute Inc |
235.07%
1,418,685
|
$652,595,000 | 0.23% |
| Exxon Mobil Corp. |
Opened
3,622
|
$416,965,000 | 0.14% |
| Cheveron Corp New |
134.06%
2,570
|
$401,999,000 | 0.14% |
| Valero Energy Corp. |
93.49%
2,467
|
$386,727,000 | 0.13% |
| BP plc |
129.76%
10,677
|
$385,440,000 | 0.13% |
| Schlumberger Ltd. |
91.71%
8,021
|
$378,431,000 | 0.13% |
| Pioneer Nat Res Co |
Closed
1,016
|
$228,478,000 | |
| Phillips 66 |
Closed
114
|
$15,178,000 | |
| KLA Corp. |
Closed
5
|
$2,907,000 | |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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