Bonness Enterprises Inc 13F annual report
Bonness Enterprises Inc is an investment fund managing more than $273 billion ran by Lorraine Gallard. There are currently 37 companies in Mrs. Gallard’s portfolio. The largest investments include Progressive and Stryker, together worth $137 billion.
$273 billion Assets Under Management (AUM)
As of 18th July 2024, Bonness Enterprises Inc’s top holding is 551,282 shares of Progressive currently worth over $115 billion and making up 41.9% of the portfolio value.
Relative to the number of outstanding shares of Progressive, Bonness Enterprises Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 65,664 shares of Stryker worth $22.3 billion, whose value grew 9.3% in the past six months.
The third-largest holding is Microsoft worth $18.2 billion and the next is Apple Inc worth $11.5 billion, with 54,440 shares owned.
Currently, Bonness Enterprises Inc's portfolio is worth at least $273 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 Bonness Enterprises Inc
The Bonness Enterprises Inc office and employees reside in Washington, District Of Columbia. According to the last 13-F report filed with the SEC, Lorraine Gallard serves as the President at Bonness Enterprises Inc.
Recent trades
In the most recent 13F filing, Bonness Enterprises Inc revealed that it had increased its stake in
Cisco Sys Inc and bought 13,400 additional shares worth around .
On the other hand, there are companies that Bonness Enterprises Inc is getting rid of from its portfolio.
Bonness Enterprises Inc closed its position in Wiley John & Sons Inc on 25th July 2024.
It sold the previously owned 48,400 shares for $1.85 billion.
Lorraine Gallard also disclosed a decreased stake in Progressive by approximately 0.1%.
This leaves the value of the investment at $115 billion and 551,282 shares.
One of the smaller hedge funds
The two most similar investment funds to Bonness Enterprises Inc are Sequent Planning and Northwest Capital Management Inc. They manage $273 billion and $273 billion respectively.
Lorraine Gallard investment strategy
Bonness Enterprises Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 44.6% of
the total portfolio value.
The fund focuses on investments in the United States as
67.6% 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
76% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $287 billion.
The complete list of Bonness Enterprises Inc trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| Progressive Corp. |
1.60%
551,282
|
$114,506,784,000 | 41.89% |
| Stryker Corp. |
0.05%
65,664
|
$22,342,176,000 | 8.17% |
| Microsoft Corporation |
No change
40,800
|
$18,235,560,000 | 6.67% |
| Apple Inc |
No change
54,440
|
$11,466,153,000 | 4.19% |
| Merck & Co Inc |
No change
69,500
|
$8,604,100,000 | 3.15% |
| Applied Matls Inc |
11.43%
26,836
|
$6,333,028,000 | 2.32% |
| Abbvie Inc |
No change
36,900
|
$6,329,088,000 | 2.32% |
| Thermo Fisher Scientific Inc. |
No change
10,935
|
$6,047,055,000 | 2.21% |
| Johnson & Johnson |
No change
38,638
|
$5,647,330,000 | 2.07% |
| Marsh & McLennan Cos., Inc. |
No change
25,500
|
$5,373,360,000 | 1.97% |
| International Business Machs |
No change
29,564
|
$5,113,094,000 | 1.87% |
| Emerson Elec Co |
No change
43,000
|
$4,736,880,000 | 1.73% |
| Cisco Sys Inc |
16.20%
96,100
|
$4,565,711,000 | 1.67% |
| Nucor Corp. |
No change
27,235
|
$4,305,309,000 | 1.58% |
| Pfizer Inc. |
31.30%
150,608
|
$4,214,012,000 | 1.54% |
| Unilever plc |
No change
76,040
|
$4,181,440,000 | 1.53% |
| Intel Corp. |
1.63%
131,150
|
$4,061,715,000 | 1.49% |
| Abbott Labs |
No change
32,700
|
$3,397,857,000 | 1.24% |
| Corning, Inc. |
No change
86,300
|
$3,352,755,000 | 1.23% |
| Procter And Gamble Co |
No change
16,400
|
$2,704,688,000 | 0.99% |
| Koninklijke Philips N.V. |
3.41%
103,817
|
$2,616,189,000 | 0.96% |
| Agilent Technologies Inc. |
No change
17,900
|
$2,320,377,000 | 0.85% |
| Bristol-Myers Squibb Co. |
No change
54,300
|
$2,255,079,000 | 0.83% |
| United Parcel Service, Inc. |
No change
14,950
|
$2,045,907,000 | 0.75% |
| GSK Plc |
No change
52,960
|
$2,038,960,000 | 0.75% |
| Verizon Communications Inc |
No change
49,431
|
$2,038,534,000 | 0.75% |
| HP Inc |
No change
57,100
|
$1,999,642,000 | 0.73% |
| Coca-Cola Co |
No change
29,600
|
$1,884,040,000 | 0.69% |
| Wiley John & Sons Inc |
Closed
48,400
|
$1,845,492,000 | |
| AT&T Inc. |
No change
89,200
|
$1,704,612,000 | 0.62% |
| Exxon Mobil Corp. |
No change
14,185
|
$1,632,977,000 | 0.60% |
| ING Groep N.V. |
No change
82,000
|
$1,405,480,000 | 0.51% |
| Oracle Corp. |
No change
9,660
|
$1,363,992,000 | 0.50% |
| Gen Digital Inc |
No change
51,500
|
$1,286,470,000 | 0.47% |
| Hewlett Packard Enterprise C |
No change
57,100
|
$1,208,807,000 | 0.44% |
| Northern Tr Corp |
No change
12,700
|
$1,066,546,000 | 0.39% |
| Berkshire Hathaway Inc. |
No change
1,350
|
$549,180,000 | 0.20% |
| GE Aerospace |
No change
2,484
|
$394,881,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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