Prospect Services 13F annual report
Prospect Services is an investment fund managing more than $126 billion ran by Sean Rooney. There are currently 58 companies in Mr. Rooney’s portfolio. The largest investments include Sl Green Rlty Corp and Apple Inc, together worth $26.4 billion.
$126 billion Assets Under Management (AUM)
As of 8th July 2024, Prospect Services’s top holding is 269,657 shares of Sl Green Rlty Corp currently worth over $15.3 billion and making up 12.2% of the portfolio value.
In addition, the fund holds 52,839 shares of Apple Inc worth $11.1 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Alphabet Inc worth $11.4 billion and the next is NVIDIA Corp worth $6.72 billion, with 54,408 shares owned.
Currently, Prospect Services's portfolio is worth at least $126 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 Prospect Services
The Prospect Services office and employees reside in Melville, New York. According to the last 13-F report filed with the SEC, Sean Rooney serves as the Chief Compliance Officer at Prospect Services.
Recent trades
In the most recent 13F filing, Prospect Services revealed that it had opened a new position in
Netflix and bought 346 shares worth $234 million.
This means they effectively own approximately 0.1% of the company.
Netflix makes up
5.8%
of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
566 additional shares.
This makes their stake in Apple Inc total 52,839 shares worth $11.1 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Prospect Services is getting rid of from its portfolio.
Prospect Services closed its position in Abbvie Inc on 15th July 2024.
It sold the previously owned 1,420 shares for $259 million.
Sean Rooney also disclosed a decreased stake in Sl Green Rlty Corp by approximately 0.1%.
This leaves the value of the investment at $15.3 billion and 269,657 shares.
One of the smallest hedge funds
The two most similar investment funds to Prospect Services are Certus Wealth Management and Ehrlich Financial Group. They manage $126 billion and $126 billion respectively.
Sean Rooney investment strategy
Prospect Services’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 20.5% of
the total portfolio value.
The fund focuses on investments in the United States as
39.7% 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
41% 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 $319 billion.
The complete list of Prospect Services trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Sl Green Rlty Corp |
2.73%
269,657
|
$15,273,341,000 | 12.16% |
| Apple Inc |
1.08%
52,839
|
$11,128,972,000 | 8.86% |
| Alphabet Inc |
0.44%
62,573
|
$11,444,504,000 | 9.11% |
| NVIDIA Corp |
824.68%
54,408
|
$6,721,573,000 | 5.35% |
| Boeing Co. |
70.67%
27,918
|
$5,081,273,000 | 4.04% |
| Amazon.com Inc. |
5.32%
24,588
|
$4,751,644,000 | 3.78% |
| Vanguard Scottsdale Fds |
59.35%
125,248
|
$9,678,316,000 | 7.70% |
| Vanguard Specialized Funds |
0.50%
21,757
|
$3,971,827,000 | 3.16% |
| PayPal Holdings Inc |
9.40%
68,094
|
$3,951,500,000 | 3.15% |
| Energy Transfer L P |
4.82%
233,659
|
$3,789,943,000 | 3.02% |
| Exxon Mobil Corp. |
14.34%
32,112
|
$3,696,707,000 | 2.94% |
| Vanguard Index Fds |
1.31%
35,132
|
$8,102,414,000 | 6.45% |
| Microsoft Corporation |
11.18%
6,345
|
$2,835,736,000 | 2.26% |
| Verizon Communications Inc |
41.50%
66,830
|
$2,756,079,000 | 2.19% |
| Vornado Rlty Tr |
14.41%
103,417
|
$2,718,848,000 | 2.16% |
| Ishares Tr |
11.12%
102,815
|
$6,375,983,000 | 5.08% |
| Tesla Inc |
10.15%
7,587
|
$1,501,319,000 | 1.20% |
| Meta Platforms Inc |
19.29%
2,672
|
$1,347,383,000 | 1.07% |
| Alibaba Group Hldg Ltd |
0.72%
17,043
|
$1,227,078,000 | 0.98% |
| BP plc |
33.32%
33,073
|
$1,193,925,000 | 0.95% |
| Eli Lilly Co |
17.42%
1,280
|
$1,159,203,000 | 0.92% |
| Baidu Inc |
13.68%
12,305
|
$1,064,137,000 | 0.85% |
| First Tr Exch Traded Fd Iii |
9.06%
53,033
|
$920,643,000 | 0.73% |
| Schwab Strategic Tr |
28.53%
11,622
|
$903,763,000 | 0.72% |
| Select Sector Spdr Tr |
9.14%
7,307
|
$1,167,891,000 | 0.93% |
| Vanguard Mun Bd Fds |
123.69%
16,515
|
$827,542,000 | 0.66% |
| Palantir Technologies Inc. |
10.19%
30,829
|
$780,902,000 | 0.62% |
| Uber Technologies Inc |
15.61%
9,830
|
$714,443,000 | 0.57% |
| Acurx Pharmaceuticals Inc |
1.92%
278,100
|
$625,725,000 | 0.50% |
| Crowdstrike Holdings Inc |
2.99%
1,619
|
$620,382,000 | 0.49% |
| Disney Walt Co |
4.93%
6,174
|
$613,037,000 | 0.49% |
| American Tower Corp. |
No change
3,150
|
$612,297,000 | 0.49% |
| Spdr Sp 500 Etf Tr |
0.10%
1,019
|
$554,523,000 | 0.44% |
| Att Inc |
30.26%
28,348
|
$541,730,000 | 0.43% |
| Kinder Morgan Inc |
6.74%
26,832
|
$533,146,000 | 0.42% |
| Costco Whsl Corp New |
6.77%
565
|
$480,022,000 | 0.38% |
| Jpmorgan Chase Co. |
0.09%
2,223
|
$449,644,000 | 0.36% |
| Pfizer Inc. |
0.18%
15,970
|
$446,837,000 | 0.36% |
| 3M Co. |
112.73%
4,195
|
$428,689,000 | 0.34% |
| Ark Etf Tr |
3.53%
23,467
|
$742,901,000 | 0.59% |
| Chevron Corp. |
10.85%
2,452
|
$383,522,000 | 0.31% |
| Lowes Cos Inc |
4.37%
1,694
|
$373,562,000 | 0.30% |
| Sinclair Inc |
7.69%
28,000
|
$373,240,000 | 0.30% |
| Global X Fds |
3.47%
18,581
|
$328,330,000 | 0.26% |
| Mcdonalds Corp |
0.16%
1,255
|
$319,898,000 | 0.25% |
| Novo-nordisk A S |
19.24%
1,902
|
$271,496,000 | 0.22% |
| Exchange Traded Concepts Tru |
8.69%
7,820
|
$259,549,000 | 0.21% |
| Abbvie Inc |
Closed
1,420
|
$258,586,000 | |
| Watsco Inc. |
0.92%
550
|
$254,781,000 | 0.20% |
| Spdr Ser Tr |
No change
2,701
|
$250,413,000 | 0.20% |
| Ishares Tr |
Closed
6,000
|
$238,380,000 | |
| Netflix Inc. |
Opened
346
|
$233,512,000 | 0.19% |
| First Tr Exchange-traded Fd |
Opened
4,225
|
$215,734,000 | 0.17% |
| Proshares Tr |
3.73%
2,780
|
$212,136,000 | 0.17% |
| Block Inc |
Closed
2,488
|
$210,436,000 | |
| Schwab Charles Corp |
Closed
2,820
|
$203,999,000 | |
| Berkshire Hathaway Inc. |
Closed
480
|
$201,851,000 | |
| Coupang, Inc. |
Opened
9,585
|
$200,808,000 | 0.16% |
| Ionq Inc |
No change
10,000
|
$70,300,000 | 0.06% |
| Grab Holdings Limited |
Opened
15,000
|
$53,250,000 | 0.04% |
| Amarin Corp Plc |
Opened
60,043
|
$41,310,000 | 0.03% |
| Tilray Brands Inc |
Opened
15,774
|
$26,185,000 | 0.02% |
| Innovid Corp |
Opened
10,000
|
$18,500,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 63 holdings | |||
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