New Potomac Partners 13F annual report
New Potomac Partners is an investment fund managing more than $180 billion ran by Joel Hergenreter. There are currently 64 companies in Mr. Hergenreter’s portfolio. The largest investments include Ishares Gold Tr and Microsoft, together worth $18.2 billion.
$180 billion Assets Under Management (AUM)
As of 25th April 2024, New Potomac Partners’s top holding is 227,626 shares of Ishares Gold Tr currently worth over $9.56 billion and making up 5.3% of the portfolio value.
In addition, the fund holds 20,424 shares of Microsoft worth $8.59 billion, whose value grew 13.4% in the past six months.
The third-largest holding is Ishares Tr worth $25.6 billion and the next is Apple Inc worth $6.47 billion, with 37,716 shares owned.
Currently, New Potomac Partners's portfolio is worth at least $180 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 New Potomac Partners
The New Potomac Partners office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Joel Hergenreter serves as the Consultant at New Potomac Partners.
Recent trades
In the most recent 13F filing, New Potomac Partners revealed that it had opened a new position in
Schwab Charles Corp and bought 2,844 shares worth $206 million.
The investment fund also strengthened its position in Ishares Gold Tr by buying
3,003 additional shares.
This makes their stake in Ishares Gold Tr total 227,626 shares worth $9.56 billion.
On the other hand, there are companies that New Potomac Partners is getting rid of from its portfolio.
New Potomac Partners closed its position in Boeing Co on 2nd May 2024.
It sold the previously owned 810 shares for $211 million.
Joel Hergenreter also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $8.59 billion and 20,424 shares.
One of the smallest hedge funds
The two most similar investment funds to New Potomac Partners are Orin Green and Sachetta. They manage $180 billion and $180 billion respectively.
Joel Hergenreter investment strategy
New Potomac Partners’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 17.6% of
the total portfolio value.
The fund focuses on investments in the United States as
46.9% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $337 billion.
The complete list of New Potomac Partners trades based on 13F SEC filings
These positions were updated on May 2nd 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 |
|---|---|---|---|
| Ishares Gold Tr |
1.34%
227,626
|
$9,562,569,000 | 5.32% |
| Microsoft Corporation |
3.27%
20,424
|
$8,592,970,000 | 4.78% |
| Ishares Tr |
5.43%
189,903
|
$25,645,655,000 | 14.27% |
| Apple Inc |
3.64%
37,716
|
$6,467,612,000 | 3.60% |
| Ishares Inc |
0.53%
94,556
|
$5,553,293,000 | 3.09% |
| Lam Research Corp. |
15.12%
5,017
|
$4,874,367,000 | 2.71% |
| Alphabet Inc |
1.67%
34,300
|
$5,218,601,000 | 2.90% |
| Abbvie Inc |
0.97%
21,545
|
$3,923,345,000 | 2.18% |
| Meta Platforms Inc |
19.41%
8,069
|
$3,918,146,000 | 2.18% |
| Booking Holdings Inc |
3.05%
1,050
|
$3,809,274,000 | 2.12% |
| Simon Ppty Group Inc New |
3.94%
24,295
|
$3,801,925,000 | 2.12% |
| Oracle Corp. |
1.76%
29,835
|
$3,747,575,000 | 2.09% |
| Honeywell International Inc |
0.64%
17,174
|
$3,524,964,000 | 1.96% |
| Jpmorgan Chase Co |
8.78%
17,375
|
$3,480,259,000 | 1.94% |
| Ssga Active Etf Tr |
0.45%
86,777
|
$3,475,419,000 | 1.93% |
| Home Depot, Inc. |
0.86%
8,891
|
$3,410,678,000 | 1.90% |
| Blackrock Inc. |
4.29%
4,037
|
$3,365,647,000 | 1.87% |
| Target Corp |
10.09%
18,830
|
$3,336,865,000 | 1.86% |
| Mastercard Incorporated |
6.02%
6,824
|
$3,286,234,000 | 1.83% |
| Ameriprise Finl Inc |
4.08%
7,338
|
$3,217,273,000 | 1.79% |
| Merck Co Inc |
2.26%
23,758
|
$3,134,846,000 | 1.74% |
| Invesco Exch Trd Slf Idx Fd |
19.73%
641,144
|
$12,729,421,000 | 7.08% |
| NVIDIA Corp |
6.15%
3,358
|
$3,034,155,000 | 1.69% |
| Pepsico Inc |
0.99%
16,446
|
$2,878,215,000 | 1.60% |
| Cummins Inc. |
3.84%
8,592
|
$2,531,633,000 | 1.41% |
| VanEck ETF Trust |
0.92%
84,895
|
$2,463,653,000 | 1.37% |
| Chubb Limited |
1.37%
9,492
|
$2,459,662,000 | 1.37% |
| Laboratory Corp Amer Hldgs |
1.39%
10,927
|
$2,387,113,000 | 1.33% |
| Disney Walt Co |
2.56%
18,626
|
$2,279,078,000 | 1.27% |
| Adobe Inc |
2.02%
4,366
|
$2,203,084,000 | 1.23% |
| Chevron Corp. |
1.49%
13,918
|
$2,195,412,000 | 1.22% |
| Stryker Corp. |
3.52%
5,896
|
$2,110,002,000 | 1.17% |
| Abbott Labs |
0.90%
18,260
|
$2,075,432,000 | 1.15% |
| First Tr Exch Traded Fd Iii |
1.01%
119,180
|
$2,064,198,000 | 1.15% |
| Amazon.com Inc. |
1.02%
11,178
|
$2,016,288,000 | 1.12% |
| Conocophillips |
0.85%
15,423
|
$1,963,040,000 | 1.09% |
| Invesco Exchange Traded Fd T |
3.61%
9,327
|
$1,579,714,000 | 0.88% |
| Nike, Inc. |
0.78%
15,930
|
$1,497,102,000 | 0.83% |
| Whirlpool Corp. |
24.48%
11,895
|
$1,422,999,000 | 0.79% |
| Spdr Gold Tr |
1.59%
6,190
|
$1,273,407,000 | 0.71% |
| Ishares Silver Tr |
3.66%
53,241
|
$1,211,233,000 | 0.67% |
| Vanguard Whitehall Fds |
0.42%
24,709
|
$1,687,588,000 | 0.94% |
| Vanguard Bd Index Fds |
1.00%
21,643
|
$1,614,543,000 | 0.90% |
| Spdr Ser Tr |
No change
19,975
|
$928,438,000 | 0.52% |
| Marriott Intl Inc New |
8.11%
3,400
|
$857,854,000 | 0.48% |
| Select Sector Spdr Tr |
4.55%
3,966
|
$825,999,000 | 0.46% |
| Exxon Mobil Corp. |
No change
5,767
|
$670,338,000 | 0.37% |
| Johnson Johnson |
No change
3,428
|
$542,290,000 | 0.30% |
| Vanguard Malvern Fds |
1.98%
10,300
|
$493,267,000 | 0.27% |
| Unitedhealth Group Inc |
No change
989
|
$489,499,000 | 0.27% |
| International Business Machs |
No change
2,485
|
$474,582,000 | 0.26% |
| Procter And Gamble Co |
11.85%
2,262
|
$367,087,000 | 0.20% |
| Cigna Group (The) |
No change
961
|
$349,002,000 | 0.19% |
| Berkshire Hathaway Inc. |
No change
810
|
$340,622,000 | 0.19% |
| Marsh Mclennan Cos Inc |
No change
1,420
|
$292,521,000 | 0.16% |
| Travelers Companies Inc. |
18.01%
1,184
|
$272,486,000 | 0.15% |
| CSX Corp. |
No change
6,902
|
$255,873,000 | 0.14% |
| Dimensional Etf Trust |
No change
7,780
|
$248,571,000 | 0.14% |
| Lockheed Martin Corp. |
2.47%
514
|
$233,780,000 | 0.13% |
| White Mtns Ins Group Ltd |
7.14%
130
|
$233,259,000 | 0.13% |
| Goldman Sachs Group, Inc. |
15.95%
527
|
$220,010,000 | 0.12% |
| Boeing Co. |
Closed
810
|
$211,173,000 | |
| Blackstone Inc |
No change
1,576
|
$207,079,000 | 0.12% |
| CVS Health Corp |
Closed
2,610
|
$206,093,000 | |
| Schwab Charles Corp |
Opened
2,844
|
$205,735,000 | 0.11% |
| Select Sector Spdr Tr |
Opened
1,356
|
$200,322,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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