Stumpf Capital Management 13F annual report

Stumpf Capital Management is an investment fund managing more than $56 million ran by Joshua Stumpf. There are currently 10 companies in Mr. Stumpf’s portfolio. The largest investments include Wells Fargo Co New and Chevron, together worth $46 million.

$56 million Assets Under Management (AUM)

As of 7th October 2020, Stumpf Capital Management’s top holding is 1,087,844 shares of Wells Fargo Co New currently worth over $27.8 million and making up 49.7% of the portfolio value. In addition, the fund holds 203,481 shares of Chevron worth $18.2 million, whose value fell 13.2% in the past six months. The third-largest holding is AT&T worth $3.14 million and the next is GlaxoSmithKline Plc worth $1.94 million, with 47,650 shares owned.

Currently, Stumpf Capital Management's portfolio is worth at least $56 million. 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 Stumpf Capital Management

The Stumpf Capital Management office and employees reside in Scottsdale, Arizona. According to the last 13-F report filed with the SEC, Joshua Stumpf serves as the Chief Executive Officer and Chief Investment Officer at Stumpf Capital Management.

Recent trades

In the most recent 13F filing, Stumpf Capital Management revealed that it had opened a new position in The Boeing Co and bought 1,565 shares worth $287 thousand. This means they effectively own approximately 0.1% of the company. The Boeing Co makes up 100.0% of the fund's Industrials sector allocation and has decreased its share price by 56.6% in the past year.

The investment fund also strengthened its position in AT&T by buying 15,294 additional shares. This makes their stake in AT&T total 103,844 shares worth $3.14 million. AT&T dropped approximately 0.1% in the past year.

On the other hand, there are companies that Stumpf Capital Management is getting rid of from its portfolio. Stumpf Capital Management closed its position in Ford Mtr Co Del on 14th August 2020. It sold the previously owned 50,000 shares for $242 thousand. Joshua Stumpf also disclosed a decreased stake in Wells Fargo Co New by 0.1%. This leaves the value of the investment at $27.8 million and 1,087,844 shares.

One of the smallest hedge funds

The two most similar investment funds to Stumpf Capital Management are Pachira Investments and Red Mountain Capital Partners. They manage $56 million and $56 million respectively.

Joshua Stumpf investment strategy

Stumpf Capital Management’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Energy — making up 32.9% of the total portfolio value. The fund focuses on investments in the United States as 70.0% 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 80% of the total holdings value. On the other hand, small-cap stocks make up 10.0% of the portfolio. The average market cap of the portfolio companies is close to $67.6 billion.

The complete list of Stumpf Capital Management trades based on 13F SEC filings

These positions were updated on August 14th 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
Wells Fargo Co New	10.56% 1,087,844	$27,849,000	49.70%
Chevron Corp.	0.81% 203,481	$18,151,000	32.39%
AT&T Inc.	17.27% 103,844	$3,140,000	5.60%
GlaxoSmithKline Plc	No change 47,650	$1,944,000	3.47%
Vodafone Group Plc	No change 108,500	$1,729,000	3.09%
CenturyLink, Inc.	38.33% 154,650	$1,551,000	2.77%
Altria Group, Inc.	26.39% 19,160	$752,000	1.34%
Dow, Inc.	No change 8,750	$357,000	0.64%
The Boeing Co.	Opened 1,565	$287,000	0.51%
Exxon Mobil Corp.	No change 6,250	$279,000	0.50%
Ford Mtr Co Del	Closed 50,000	$242,000
Helmerich & Payne, Inc.	Closed 14,950	$234,000
No transactions found
Showing first 500 out of 12 holdings