Maple Capital Management 13F annual report
Maple Capital Management is an investment fund managing more than $1.23 trillion ran by Tom Rawlings. There are currently 97 companies in Mr. Rawlings’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $219 billion.
$1.23 trillion Assets Under Management (AUM)
As of 23rd July 2024, Maple Capital Management’s top holding is 252,253 shares of Microsoft currently worth over $113 billion and making up 9.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Maple Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 504,575 shares of Apple Inc worth $106 billion, whose value grew 19.3% in the past six months.
The third-largest holding is NVIDIA Corp worth $88.3 billion and the next is Alphabet Inc worth $73 billion, with 397,891 shares owned.
Currently, Maple Capital Management's portfolio is worth at least $1.23 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 Maple Capital Management
The Maple Capital Management office and employees reside in Montpelier, Vermont. According to the last 13-F report filed with the SEC, Tom Rawlings serves as the Chief Compliance Officer at Maple Capital Management.
Recent trades
In the most recent 13F filing, Maple Capital Management revealed that it had opened a new position in
Colgate-Palmolive Co and bought 111,947 shares worth $10.9 billion.
This means they effectively own approximately 0.1% of the company.
Colgate-Palmolive Co makes up
44.2%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
3,151 additional shares.
This makes their stake in Microsoft total 252,253 shares worth $113 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Maple Capital Management is getting rid of from its portfolio.
Maple Capital Management closed its position in Vanguard Bd Index Fds on 30th July 2024.
It sold the previously owned 5,912 shares for $453 million.
Tom Rawlings also disclosed a decreased stake in Applied Matls Inc by approximately 0.1%.
This leaves the value of the investment at $16.7 billion and 70,810 shares.
One of the largest hedge funds
The two most similar investment funds to Maple Capital Management are Carlson Capital L P and Prescott General Partners. They manage $1.23 trillion and $1.23 trillion respectively.
Tom Rawlings investment strategy
Maple Capital Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 26.5% of
the total portfolio value.
The fund focuses on investments in the United States as
57.7% 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
57% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $260 billion.
The complete list of Maple Capital Management trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Microsoft Corporation |
1.26%
252,253
|
$112,744,581,000 | 9.15% |
| Apple Inc |
1.47%
504,575
|
$106,273,502,000 | 8.63% |
| NVIDIA Corp |
910.50%
714,770
|
$88,302,747,000 | 7.17% |
| Alphabet Inc |
2.69%
397,891
|
$72,970,183,000 | 5.92% |
| Amazon.com Inc. |
3.36%
328,374
|
$63,458,317,000 | 5.15% |
| Costco Whsl Corp New |
2.26%
61,127
|
$51,957,531,000 | 4.22% |
| Meta Platforms Inc |
1.01%
99,387
|
$50,112,962,000 | 4.07% |
| Eli Lilly & Co |
0.26%
46,593
|
$42,184,476,000 | 3.43% |
| Texas Instrs Inc |
5.14%
206,703
|
$40,209,910,000 | 3.26% |
| JPMorgan Chase & Co. |
1.91%
197,932
|
$40,033,675,000 | 3.25% |
| Accenture Plc Ireland |
1.81%
109,612
|
$33,257,374,000 | 2.70% |
| Unitedhealth Group Inc |
4.53%
64,827
|
$33,014,006,000 | 2.68% |
| Mastercard Incorporated |
4.48%
74,371
|
$32,809,575,000 | 2.66% |
| Honeywell International Inc |
1.95%
147,936
|
$31,590,287,000 | 2.57% |
| Ishares Tr |
261.48%
366,048
|
$37,067,743,000 | 3.01% |
| American Express Co. |
2.70%
118,665
|
$27,476,884,000 | 2.23% |
| Home Depot, Inc. |
7.39%
76,468
|
$26,323,475,000 | 2.14% |
| Morgan Stanley |
2.29%
263,107
|
$25,571,394,000 | 2.08% |
| Tjx Cos Inc New |
1.92%
218,688
|
$24,077,510,000 | 1.96% |
| Johnson & Johnson |
2.03%
164,401
|
$24,028,788,000 | 1.95% |
| Chevron Corp. |
13.34%
144,111
|
$22,541,814,000 | 1.83% |
| Chipotle Mexican Grill |
4,968.61%
312,328
|
$19,567,321,000 | 1.59% |
| S&P Global Inc |
1.64%
42,143
|
$18,795,960,000 | 1.53% |
| Abbott Labs |
0.98%
169,289
|
$17,590,849,000 | 1.43% |
| Applied Matls Inc |
5.48%
70,810
|
$16,710,555,000 | 1.36% |
| Air Prods & Chems Inc |
6.86%
64,107
|
$16,542,708,000 | 1.34% |
| Intuitive Surgical Inc |
7.59%
36,624
|
$16,292,189,000 | 1.32% |
| Lockheed Martin Corp. |
16.40%
32,595
|
$15,225,076,000 | 1.24% |
| Zoetis Inc |
2.10%
83,808
|
$14,529,013,000 | 1.18% |
| CME Group Inc |
0.10%
65,431
|
$12,863,703,000 | 1.04% |
| Constellation Brands Inc |
5.20%
48,392
|
$12,450,417,000 | 1.01% |
| Colgate-Palmolive Co. |
Opened
111,947
|
$10,863,362,000 | 0.88% |
| Ecolab, Inc. |
2.65%
45,618
|
$10,857,190,000 | 0.88% |
| Netflix Inc. |
2,709.41%
9,552
|
$6,446,456,000 | 0.52% |
| Danaher Corp. |
56.29%
23,505
|
$5,872,605,000 | 0.48% |
| Pepsico Inc |
67.91%
33,721
|
$5,561,525,000 | 0.45% |
| Fidelity Merrimack Str Tr |
Opened
78,363
|
$3,520,850,000 | 0.29% |
| Berkshire Hathaway Inc. |
3.24%
6,030
|
$2,453,004,000 | 0.20% |
| Procter And Gamble Co |
9.81%
14,705
|
$2,425,162,000 | 0.20% |
| Spdr S&p 500 Etf Tr |
122.60%
4,452
|
$2,422,867,000 | 0.20% |
| Merck & Co Inc |
3.87%
14,688
|
$1,818,336,000 | 0.15% |
| Exxon Mobil Corp. |
1.28%
15,008
|
$1,727,674,000 | 0.14% |
| Schwab Strategic Tr |
25.99%
27,622
|
$1,879,531,000 | 0.15% |
| Roper Technologies Inc |
3.85%
2,274
|
$1,281,763,000 | 0.10% |
| J P Morgan Exchange Traded F |
Opened
23,498
|
$1,185,944,000 | 0.10% |
| Pnc Finl Svcs Group Inc |
0.96%
6,781
|
$1,054,299,000 | 0.09% |
| Vanguard Specialized Funds |
20.84%
5,722
|
$1,044,551,000 | 0.08% |
| Moodys Corp |
No change
2,205
|
$928,151,000 | 0.08% |
| Union Pac Corp |
0.28%
3,950
|
$893,838,000 | 0.07% |
| Aon plc. |
Opened
2,662
|
$781,510,000 | 0.06% |
| Sherwin-Williams Co. |
0.97%
2,549
|
$760,710,000 | 0.06% |
| NextEra Energy Inc |
3.36%
10,469
|
$741,296,000 | 0.06% |
| T Rowe Price Etf Inc |
149.52%
18,370
|
$711,286,000 | 0.06% |
| Qualcomm, Inc. |
1.13%
3,485
|
$694,188,000 | 0.06% |
| Starbucks Corp. |
34.14%
8,528
|
$663,910,000 | 0.05% |
| International Business Machs |
11.19%
3,786
|
$654,789,000 | 0.05% |
| Automatic Data Processing In |
2.28%
2,697
|
$643,715,000 | 0.05% |
| Verizon Communications Inc |
3.55%
15,228
|
$628,013,000 | 0.05% |
| Oracle Corp. |
15.48%
4,364
|
$616,197,000 | 0.05% |
| Coca-Cola Co |
0.91%
9,615
|
$611,979,000 | 0.05% |
| Cisco Sys Inc |
7.31%
12,592
|
$598,246,000 | 0.05% |
| Vanguard Index Fds |
Opened
2,730
|
$595,249,000 | 0.05% |
| Tesla Inc |
3.24%
2,963
|
$586,364,000 | 0.05% |
| Vanguard Index Fds |
10.00%
2,750
|
$996,801,000 | 0.08% |
| Pfizer Inc. |
9.07%
19,952
|
$558,257,000 | 0.05% |
| Mcdonalds Corp |
10.15%
2,084
|
$531,086,000 | 0.04% |
| Select Sector Spdr Tr |
3.52%
7,781
|
$530,197,000 | 0.04% |
| Disney Walt Co |
6.24%
5,257
|
$521,981,000 | 0.04% |
| Adobe Inc |
0.34%
878
|
$487,770,000 | 0.04% |
| Vanguard Tax-managed Fds |
42.83%
9,641
|
$476,444,000 | 0.04% |
| Vanguard Bd Index Fds |
Closed
5,912
|
$453,273,000 | |
| Walmart Inc |
9.26%
6,632
|
$449,056,000 | 0.04% |
| Trustmark Corp. |
No change
14,428
|
$433,417,000 | 0.04% |
| Caterpillar Inc. |
38.84%
1,244
|
$414,447,000 | 0.03% |
| Cintas Corporation |
0.34%
583
|
$408,252,000 | 0.03% |
| Vulcan Matls Co |
1.27%
1,554
|
$386,449,000 | 0.03% |
| McCormick & Co., Inc. |
Closed
5,018
|
$385,433,000 | |
| Thermo Fisher Scientific Inc. |
0.74%
685
|
$378,999,000 | 0.03% |
| Best Buy Co. Inc. |
1.87%
4,349
|
$366,577,000 | 0.03% |
| Medtronic Plc |
1.75%
4,528
|
$356,417,000 | 0.03% |
| Nike, Inc. |
93.85%
4,699
|
$354,164,000 | 0.03% |
| Abbvie Inc |
0.24%
2,065
|
$354,154,000 | 0.03% |
| GE Aerospace |
2.43%
2,194
|
$348,780,000 | 0.03% |
| Vanguard Intl Equity Index F |
Opened
7,929
|
$346,973,000 | 0.03% |
| Broadcom Inc |
28.40%
208
|
$334,588,000 | 0.03% |
| Edwards Lifesciences Corp |
No change
3,575
|
$330,223,000 | 0.03% |
| AT&T Inc. |
0.05%
16,514
|
$315,585,000 | 0.03% |
| Jefferies Finl Group Inc |
No change
6,316
|
$314,284,000 | 0.03% |
| Ishares Tr |
Opened
13,630
|
$1,267,223,000 | 0.10% |
| Bristol-Myers Squibb Co. |
Closed
5,299
|
$287,365,000 | |
| Vanguard Star Fds |
Opened
4,664
|
$281,239,000 | 0.02% |
| Visa Inc |
25.56%
1,066
|
$279,897,000 | 0.02% |
| Idexx Labs Inc |
6.12%
568
|
$276,730,000 | 0.02% |
| Prologis Inc |
8.87%
2,395
|
$269,036,000 | 0.02% |
| Cf Inds Hldgs Inc |
8.93%
3,539
|
$262,311,000 | 0.02% |
| DuPont de Nemours Inc |
Closed
3,158
|
$242,124,000 | |
| American Tower Corp. |
0.43%
1,169
|
$227,254,000 | 0.02% |
| Reliance Inc. |
Closed
630
|
$210,533,000 | |
| Rockwell Automation Inc |
No change
750
|
$206,460,000 | 0.02% |
| Kimberly-Clark Corp. |
Opened
1,485
|
$205,264,000 | 0.02% |
| Emerson Elec Co |
Closed
1,784
|
$202,341,000 | |
| Ford Mtr Co Del |
0.36%
14,050
|
$176,193,000 | 0.01% |
| Gamco Global Gold Nat Res & |
No change
10,000
|
$40,500,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 103 holdings | |||
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