Grand Central Investment 13F annual report
Grand Central Investment is an investment fund managing more than $71.7 million ran by Michelle Halpin. There are currently 32 companies in Mrs. Halpin’s portfolio. The largest investments include Proshares Tr and Johnson & Johnson, together worth $17 million.
$71.7 million Assets Under Management (AUM)
As of 3rd November 2022, Grand Central Investment’s top holding is 525,506 shares of Proshares Tr currently worth over $9.08 million and making up 12.7% of the portfolio value.
In addition, the fund holds 48,501 shares of Johnson & Johnson worth $7.92 million, whose value fell 2.6% in the past six months.
The third-largest holding is Ishares Silver Tr worth $6.59 million and the next is First Tr Exchange-traded Fd worth $6.45 million, with 282,400 shares owned.
Currently, Grand Central Investment's portfolio is worth at least $71.7 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 Grand Central Investment
The Grand Central Investment office and employees reside in Tampa, Florida. According to the last 13-F report filed with the SEC, Michelle Halpin serves as the Chief Compliance Officer at Grand Central Investment.
Recent trades
In the most recent 13F filing, Grand Central Investment revealed that it had opened a new position in
Proshares Tr and bought 525,506 shares worth $9.08 million.
The investment fund also strengthened its position in Johnson & Johnson by buying
133 additional shares.
This makes their stake in Johnson & Johnson total 48,501 shares worth $7.92 million.
Johnson & Johnson soared 5.0% in the past year.
On the other hand, there are companies that Grand Central Investment is getting rid of from its portfolio.
Grand Central Investment closed its position in Pfizer on 10th November 2022.
It sold the previously owned 3,907 shares for $205 thousand.
Michelle Halpin also disclosed a decreased stake in Ishares Silver Tr by approximately 0.1%.
This leaves the value of the investment at $6.59 million and 376,537 shares.
One of the smallest hedge funds
The two most similar investment funds to Grand Central Investment are Forefront Wealth Management Inc and Coastal Investment Management, L.P.. They manage $71.8 million and $71.8 million respectively.
Michelle Halpin investment strategy
Grand Central Investment’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Health Care — making up 12.8% of
the total portfolio value.
The fund focuses on investments in the United States as
43.8% 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
53% 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 $407 billion.
The complete list of Grand Central Investment trades based on 13F SEC filings
These positions were updated on November 10th 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 |
|---|---|---|---|
| Proshares Tr |
Opened
525,506
|
$9,081,000 | 12.66% |
| Johnson & Johnson |
0.27%
48,501
|
$7,923,000 | 11.04% |
| Ishares Silver Tr |
0.78%
376,537
|
$6,589,000 | 9.18% |
| First Tr Exchange-traded Fd |
22.25%
282,400
|
$6,450,000 | 8.99% |
| VanEck ETF Trust |
2.22%
288,753
|
$7,130,000 | 9.94% |
| Spdr Gold Tr |
0.62%
27,439
|
$4,244,000 | 5.92% |
| Etf Managers Tr |
3.42%
407,678
|
$3,718,000 | 5.18% |
| Exxon Mobil Corp. |
1.45%
33,343
|
$2,911,000 | 4.06% |
| Chevron Corp. |
0.83%
18,288
|
$2,627,000 | 3.66% |
| Apple Inc |
0.35%
18,482
|
$2,554,000 | 3.56% |
| Vanguard Scottsdale Fds |
No change
35,390
|
$2,634,000 | 3.67% |
| Newmont Corp |
1.81%
54,377
|
$2,285,000 | 3.19% |
| Verizon Communications Inc |
16.19%
35,608
|
$1,352,000 | 1.88% |
| Agnico Eagle Mines Ltd |
0.45%
29,416
|
$1,242,000 | 1.73% |
| Ishares Gold Tr |
7.90%
37,702
|
$1,189,000 | 1.66% |
| Abbvie Inc |
0.42%
7,849
|
$1,053,000 | 1.47% |
| Microsoft Corporation |
5.07%
4,193
|
$977,000 | 1.36% |
| Deere & Co. |
1.95%
2,909
|
$971,000 | 1.35% |
| Alamos Gold Inc. |
0.53%
123,862
|
$918,000 | 1.28% |
| Barrick Gold Corp. |
0.54%
57,385
|
$889,000 | 1.24% |
| Pan Amern Silver Corp |
65.57%
55,545
|
$882,000 | 1.23% |
| Ishares Tr |
No change
6,597
|
$726,000 | 1.01% |
| Enbridge Inc |
4.18%
18,751
|
$696,000 | 0.97% |
| Alphabet Inc |
1,883.43%
7,180
|
$687,000 | 0.96% |
| Mastercard Incorporated |
0.75%
1,847
|
$525,000 | 0.73% |
| Amazon.com Inc. |
6.87%
2,800
|
$316,000 | 0.44% |
| Home Depot, Inc. |
No change
1,029
|
$284,000 | 0.40% |
| Vanguard Specialized Funds |
No change
1,830
|
$247,000 | 0.34% |
| Disney Walt Co |
No change
2,496
|
$235,000 | 0.33% |
| CVS Health Corp |
Opened
2,158
|
$206,000 | 0.29% |
| Pfizer Inc. |
Closed
3,907
|
$205,000 | |
| Walgreens Boots Alliance Inc |
Closed
5,312
|
$201,000 | |
| SilverCrest Metals Inc |
2.66%
27,120
|
$150,000 | 0.21% |
| Endeavour Silver Corp. |
No change
17,000
|
$51,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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