Xxec is an investment fund managing more than $130 billion ran by Cathy Karney. There are currently 23 companies in Mrs. Karney’s portfolio. The largest investments include Microsoft and Mastercard Inc - Class A, together worth $25.9 billion.
As of 2nd August 2024, Xxec’s top holding is 30,780 shares of Microsoft currently worth over $13.8 billion and making up 10.6% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Xxec owns more than approximately 0.1% of the company.
In addition, the fund holds 27,449 shares of Mastercard Inc - Class A worth $12.1 billion.
The third-largest holding is Intuit Inc worth $11.3 billion and the next is Visa Inc-class A Shares worth $8.44 billion, with 32,160 shares owned.
Currently, Xxec's portfolio is worth at least $130 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.
The Xxec office and employees reside in Tulsa, Oklahoma. According to the last 13-F report filed with the SEC, Cathy Karney serves as the CCO at Xxec.
In the most recent 13F filing, Xxec revealed that it had opened a new position in
Mastercard Inc - Class A and bought 27,449 shares worth $12.1 billion.
The investment fund also strengthened its position in Bentley System Inc Class B by buying
90 additional shares.
This makes their stake in Bentley System Inc Class B total 50,661 shares worth $2.5 billion.
On the other hand, there are companies that Xxec is getting rid of from its portfolio.
Xxec closed its position in Mastercard Inc Class A on 9th August 2024.
It sold the previously owned 28,140 shares for $13.6 billion.
Cathy Karney also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $13.8 billion and 30,780 shares.
The two most similar investment funds to Xxec are Stonecrest Wealth Management and Lewis Asset Management. They manage $130 billion and $130 billion respectively.
Xxec’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 28.3% of
the total portfolio value.
The fund focuses on investments in the United States as
69.6% 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
57% 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 $211 billion.
These positions were updated on August 9th 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 |
1.61%
30,780
|
$13,757,121,000 | 10.62% |
| Mastercard Inc Class A |
Closed
28,140
|
$13,551,380,000 | |
| Mastercard Inc - Class A |
Opened
27,449
|
$12,109,401,000 | 9.35% |
| Intuit Inc |
3.31%
17,143
|
$11,266,551,000 | 8.70% |
| Visa Inc |
Closed
32,589
|
$9,094,938,000 | |
| Visa Inc-class A Shares |
Opened
32,160
|
$8,441,035,000 | 6.52% |
| Universal Display Corp. |
Opened
35,902
|
$7,548,395,000 | 5.83% |
| Nordson Corp. |
4.58%
28,368
|
$6,579,674,000 | 5.08% |
| Universal Display Corp. |
Closed
38,982
|
$6,566,518,000 | |
| Moody's Corp |
2.14%
14,888
|
$6,266,806,000 | 4.84% |
| Verisk Analytics Inc |
Opened
22,164
|
$5,974,306,000 | 4.61% |
| Fair Isaac Intl Corp |
5.62%
3,864
|
$5,752,182,000 | 4.44% |
| Verisk Analytics Inc |
Closed
22,482
|
$5,299,682,000 | |
| Zoetis Inc |
Opened
29,372
|
$5,091,930,000 | 3.93% |
| Pfizer Inc. |
1.31%
169,942
|
$4,754,977,000 | 3.67% |
| Berkshire Hathaway Inc. |
0.80%
11,585
|
$4,712,778,000 | 3.64% |
| Chubb Ltd |
Opened
18,335
|
$4,676,892,000 | 3.61% |
| Graco Inc. |
Closed
49,550
|
$4,630,943,000 | |
| Factset Research Sys |
Closed
9,732
|
$4,422,123,000 | |
| Gentex Corp. |
1.04%
127,654
|
$4,303,216,000 | 3.32% |
| Deere Co |
1.37%
10,837
|
$4,049,028,000 | 3.13% |
| Roper Technologies Inc |
1.91%
7,100
|
$4,001,986,000 | 3.09% |
| Badger Meter Inc. |
1.63%
20,331
|
$3,788,682,000 | 2.92% |
| Mettler-Toledo International, Inc. |
3.61%
2,640
|
$3,689,638,000 | 2.85% |
| Zoetis Inc |
Closed
21,417
|
$3,623,971,000 | |
| Idexx Labs Inc |
Closed
6,525
|
$3,523,043,000 | |
| Idexx Laboratories, Inc. |
Opened
6,425
|
$3,130,260,000 | 2.42% |
| Xylem Inc |
Opened
22,449
|
$3,044,758,000 | 2.35% |
| Qualcomm, Inc. |
8.62%
14,785
|
$2,944,876,000 | 2.27% |
| Xylem Inc |
Closed
22,598
|
$2,920,566,000 | |
| Bentley System Inc Class B |
0.18%
50,661
|
$2,500,627,000 | 1.93% |
| Teradyne, Inc. |
Opened
7,915
|
$1,173,715,000 | 0.91% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||