Lynch Asset Management 13F annual report
Lynch Asset Management is an investment fund managing more than $234 billion ran by Carole Murphy. There are currently 42 companies in Mrs. Murphy’s portfolio. The largest investments include NVIDIA Corp and Novo-nordisk A S, together worth $81.2 billion.
$234 billion Assets Under Management (AUM)
As of 15th July 2024, Lynch Asset Management’s top holding is 536,000 shares of NVIDIA Corp currently worth over $66.2 billion and making up 28.3% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Lynch Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 104,800 shares of Novo-nordisk A S worth $15 billion.
The third-largest holding is Alphabet Inc worth $12.9 billion and the next is Meta Platforms Inc worth $8.9 billion, with 17,650 shares owned.
Currently, Lynch Asset Management's portfolio is worth at least $234 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 Lynch Asset Management
The Lynch Asset Management office and employees reside in Newtown, Pennsylvania. According to the last 13-F report filed with the SEC, Carole Murphy serves as the CCO at Lynch Asset Management.
Recent trades
In the most recent 13F filing, Lynch Asset Management revealed that it had increased its stake in
NVIDIA Corp and bought 481,100 additional shares worth around $59 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
53.9%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that Lynch Asset Management is getting rid of from its portfolio.
Lynch Asset Management closed its position in Ge Healthcare Technologies I on 22nd July 2024.
It sold the previously owned 2,500 shares for $227 million.
Carole Murphy also disclosed a decreased stake in Novo-nordisk A S by approximately 0.1%.
This leaves the value of the investment at $15 billion and 104,800 shares.
One of the smallest hedge funds
The two most similar investment funds to Lynch Asset Management are Mystic Asset Management and Carlton Hofferkamp & Jenks Wealth Management. They manage $234 billion and $234 billion respectively.
Carole Murphy investment strategy
Lynch Asset Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 52.4% of
the total portfolio value.
The fund focuses on investments in the United States as
76.2% 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
79% 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 $336 billion.
The complete list of Lynch Asset Management trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| NVIDIA Corp |
876.32%
536,000
|
$66,217,440,000 | 28.27% |
| Novo-nordisk A S |
1.87%
104,800
|
$14,959,152,000 | 6.39% |
| Alphabet Inc |
1.39%
70,850
|
$12,905,328,000 | 5.51% |
| Meta Platforms Inc |
0.56%
17,650
|
$8,899,483,000 | 3.80% |
| Apple Inc |
0.05%
38,950
|
$8,203,649,000 | 3.50% |
| Amazon.com Inc. |
2.33%
41,900
|
$8,097,175,000 | 3.46% |
| Microsoft Corporation |
No change
17,850
|
$7,978,058,000 | 3.41% |
| Abbvie Inc |
No change
45,850
|
$7,864,192,000 | 3.36% |
| ServiceNow Inc |
0.31%
8,075
|
$6,352,362,000 | 2.71% |
| Crowdstrike Holdings Inc |
0.96%
15,475
|
$5,929,866,000 | 2.53% |
| Unitedhealth Group Inc |
No change
11,400
|
$5,805,564,000 | 2.48% |
| Advanced Micro Devices Inc. |
0.68%
32,675
|
$5,300,212,000 | 2.26% |
| Fedex Corp |
No change
17,300
|
$5,187,232,000 | 2.21% |
| Goldman Sachs Group, Inc. |
No change
11,050
|
$4,998,136,000 | 2.13% |
| Cummins Inc. |
2.77%
17,550
|
$4,860,122,000 | 2.07% |
| Chevron Corp. |
No change
27,150
|
$4,246,803,000 | 1.81% |
| Qualcomm, Inc. |
No change
20,900
|
$4,162,862,000 | 1.78% |
| Palo Alto Networks Inc |
No change
11,600
|
$3,932,517,000 | 1.68% |
| Disney Walt Co |
1.77%
37,275
|
$3,701,035,000 | 1.58% |
| Visa Inc |
No change
13,200
|
$3,464,606,000 | 1.48% |
| Emerson Elec Co |
No change
30,000
|
$3,304,800,000 | 1.41% |
| Vanguard Index Fds |
No change
15,000
|
$3,270,600,000 | 1.40% |
| Cigna Group (The) |
1.56%
9,750
|
$3,223,059,000 | 1.38% |
| Chipotle Mexican Grill |
4,900.00%
50,000
|
$3,132,500,000 | 1.34% |
| Mastercard Incorporated |
No change
6,925
|
$3,055,033,000 | 1.30% |
| Nike, Inc. |
24.21%
33,350
|
$2,513,590,000 | 1.07% |
| International Business Machs |
No change
14,050
|
$2,429,948,000 | 1.04% |
| Avalonbay Cmntys Inc |
No change
10,500
|
$2,172,345,000 | 0.93% |
| Costco Whsl Corp New |
No change
2,500
|
$2,124,975,000 | 0.91% |
| Ulta Beauty Inc |
37.97%
5,450
|
$2,102,992,000 | 0.90% |
| Tesla Inc |
No change
9,700
|
$1,919,436,000 | 0.82% |
| Home Depot, Inc. |
No change
5,000
|
$1,721,200,000 | 0.73% |
| Comcast Corp New |
27.45%
37,800
|
$1,480,248,000 | 0.63% |
| Starbucks Corp. |
65.45%
18,200
|
$1,416,870,000 | 0.60% |
| Johnson & Johnson |
No change
9,250
|
$1,351,980,000 | 0.58% |
| Pfizer Inc. |
No change
44,500
|
$1,245,110,000 | 0.53% |
| Vanguard Star Fds |
No change
20,000
|
$1,206,000,000 | 0.51% |
| Spotify Technology S.A. |
No change
3,500
|
$1,098,265,000 | 0.47% |
| PayPal Holdings Inc |
2.58%
15,100
|
$876,253,000 | 0.37% |
| Merck & Co Inc |
No change
5,650
|
$699,470,000 | 0.30% |
| Etsy Inc |
27.78%
9,100
|
$536,718,000 | 0.23% |
| Citigroup Inc |
No change
5,100
|
$323,646,000 | 0.14% |
| Ge Healthcare Technologies I |
Closed
2,500
|
$227,275,000 | |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||
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