Afs 13F annual report

Afs is an investment fund managing more than $7.47 billion ran by Alp Atabek. There are currently 17 companies in Mr. Atabek’s portfolio. The largest investments include Apple Inc and Fidelity Merrimack Str Tr, together worth $2.27 billion.

$7.47 billion Assets Under Management (AUM)

As of 7th August 2024, Afs’s top holding is 6,376 shares of Apple Inc currently worth over $1.34 billion and making up 18.0% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Afs owns more than approximately 0.1% of the company. In addition, the fund holds 20,621 shares of Fidelity Merrimack Str Tr worth $927 million. The third-largest holding is Capital Group Core Equity Et worth $675 million and the next is Vanguard Index Fds worth $594 million, with 3,705 shares owned.

Currently, Afs's portfolio is worth at least $7.47 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 Afs

The Afs office and employees reside in Bethesda, Maryland. According to the last 13-F report filed with the SEC, Alp Atabek serves as the Chief Compliance Officer at Afs.

Recent trades

In the most recent 13F filing, Afs revealed that it had opened a new position in J P Morgan Exchange Traded F and bought 4,264 shares worth $320 million.

On the other hand, there are companies that Afs is getting rid of from its portfolio. Afs closed its position in Ishares Tr on 14th August 2024. It sold the previously owned 45,779 shares for $12.5 billion. Alp Atabek also disclosed a decreased stake in Apple Inc by 0.9%. This leaves the value of the investment at $1.34 billion and 6,376 shares.

One of the smallest hedge funds

The two most similar investment funds to Afs are Capital Guardian Trust Co and Hermes Investment Management Ltd. They manage $7.42 billion and $7.52 billion respectively.

Alp Atabek investment strategy

Afs’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 18.0% of the total portfolio value. The fund focuses on investments in the United States as 11.8% 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 12% 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 $1.92 trillion.

The complete list of Afs trades based on 13F SEC filings

These positions were updated on August 14th 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 Tr	Closed 45,779	$12,535,076,000
Vanguard Index Fds	Closed 6,300	$2,102,172,000
Apple Inc	88.40% 6,376	$1,342,913,000	17.98%
Bank America Corp	Closed 33,105	$1,114,647,000
Johnson Johnson	Closed 6,830	$1,070,460,000
Vanguard World Fd	Closed 3,571	$926,780,000
Fidelity Merrimack Str Tr	95.03% 20,621	$926,502,000	12.40%
Alphabet Inc	Closed 6,431	$906,321,000
Vanguard Intl Equity Index F	Closed 18,326	$753,198,000
Merck Co Inc	Closed 6,875	$749,534,000
Simon Ppty Group Inc New	Closed 4,822	$687,751,000
Capital Group Core Equity Et	54.47% 20,925	$674,831,000	9.03%
Advanced Micro Devices Inc.	Closed 4,412	$650,373,000
NextEra Energy Inc	Closed 10,668	$647,944,000
Vanguard Whitehall Fds	Closed 5,750	$641,903,000
Morgan Stanley	Closed 6,817	$635,706,000
Goldman Sachs Group, Inc.	Closed 1,637	$631,505,000
Pfizer Inc.	Closed 21,320	$613,812,000
Vanguard Index Fds	95.46% 3,705	$594,319,000	7.96%
Ishares Tr	90.80% 12,174	$779,190,000	10.43%
Procter And Gamble Co	Closed 3,778	$553,676,000
Walmart Inc	Closed 3,455	$544,681,000
Vanguard Mun Bd Fds	Closed 10,086	$514,890,000
Exxon Mobil Corp.	Closed 5,146	$514,505,000
Chevron Corp.	Closed 3,406	$508,039,000
Starbucks Corp.	Closed 4,897	$470,146,000
United Parcel Service, Inc.	Closed 2,804	$440,928,000
Coca-Cola Co	Closed 7,148	$421,232,000
Pepsico Inc	Closed 2,319	$393,803,000
Disney Walt Co	65.41% 3,916	$388,820,000	5.21%
Mondelez International Inc.	Closed 5,192	$376,059,000
Amazon.com Inc.	Closed 2,399	$364,504,000
Unity Software Inc.	Closed 8,451	$345,561,000
J P Morgan Exchange Traded F	Opened 4,264	$320,440,000	4.29%
Applied Matls Inc	Closed 1,951	$316,199,000
Fidelity Covington Trust	Closed 11,563	$306,423,000
Vanguard Whitehall Fds	94.58% 4,449	$304,890,000	4.08%
Tesla Inc	Closed 1,220	$303,146,000
Cisco Sys Inc	Closed 5,414	$273,515,000
Jpmorgan Chase Co.	91.31% 1,349	$272,780,000	3.65%
Mckesson Corporation	Closed 570	$263,899,000
Spdr Ser Tr	89.77% 4,007	$256,448,000	3.43%
Vanguard Malvern Fds	Opened 3,344	$254,245,000	3.40%
Vanguard Specialized Funds	61.54% 1,377	$251,344,000	3.36%
JD.com Inc	Closed 8,470	$244,684,000
Pimco Etf Tr	Opened 9,364	$240,093,000	3.21%
Ishares Inc	96.44% 4,423	$236,763,000	3.17%
Spdr Ser Tr	Closed 3,541	$230,377,000
Spdr Sp 500 Etf Tr	83.10% 397	$216,055,000	2.89%
Blackrock Etf Trust Ii	Opened 3,962	$206,816,000	2.77%
Microsoft Corporation	94.50% 454	$202,915,000	2.72%
Global Pmts Inc	Closed 1,588	$201,676,000
Under Armour Inc	Closed 12,816	$112,653,000
No transactions found
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