Ridgepath Capital Management 13F annual report

Ridgepath Capital Management is an investment fund managing more than $88.9 billion ran by Samuel Pressley. There are currently 41 companies in Mr. Pressley’s portfolio. The largest investments include J P Morgan Exchange Traded F and Proshares Tr, together worth $41.9 billion.

Limited to 30 biggest holdings

$88.9 billion Assets Under Management (AUM)

As of 6th May 2024, Ridgepath Capital Management’s top holding is 445,126 shares of J P Morgan Exchange Traded F currently worth over $22.5 billion and making up 25.3% of the portfolio value. In addition, the fund holds 268,875 shares of Proshares Tr worth $19.4 billion. The third-largest holding is Berkshire Hathaway worth $4.88 billion and the next is Paychex worth $4.35 billion, with 35,461 shares owned.

Currently, Ridgepath Capital Management's portfolio is worth at least $88.9 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 Ridgepath Capital Management

The Ridgepath Capital Management office and employees reside in Knoxville, Tennessee. According to the last 13-F report filed with the SEC, Samuel Pressley serves as the Chief Compliance Officer at Ridgepath Capital Management.

Recent trades

In the most recent 13F filing, Ridgepath Capital Management revealed that it had opened a new position in Ishares Tr and bought 56,687 shares worth $5.33 billion.

The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying 386,261 additional shares. This makes their stake in J P Morgan Exchange Traded F total 445,126 shares worth $22.5 billion.

On the other hand, there are companies that Ridgepath Capital Management is getting rid of from its portfolio. Ridgepath Capital Management closed its position in Proshares Tr on 13th May 2024. It sold the previously owned 539,381 shares for $5.51 billion. Samuel Pressley also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $2.57 billion and 4,890 shares.

One of the smallest hedge funds

The two most similar investment funds to Ridgepath Capital Management are Edbi Pte Ltd and Pitti Wealth Management. They manage $88.9 billion and $88.9 billion respectively.

Samuel Pressley investment strategy

Ridgepath Capital Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Staples — making up 9.4% of the total portfolio value. The fund focuses on investments in the United States as 51.2% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 7.3% of the portfolio. The average market cap of the portfolio companies is close to $335 billion.

The complete list of Ridgepath Capital Management trades based on 13F SEC filings

These positions were updated on May 13th 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
J P Morgan Exchange Traded F	656.18% 445,126	$22,456,607,000	25.27%
Proshares Tr	7.18% 268,875	$19,438,327,000	21.87%
Berkshire Hathaway Inc.	1.75% 11,608	$4,881,396,000	5.49%
Paychex Inc.	246.77% 35,461	$4,354,558,000	4.90%
Proshares Tr	Closed 539,381	$5,506,508,000
Philip Morris International Inc	257.91% 38,153	$3,495,593,000	3.93%
Ishares Tr	Opened 56,687	$5,327,417,000	5.99%
Apple Inc	220.96% 19,694	$3,377,003,000	3.80%
Ishares Tr	Closed 55,363	$6,294,371,000
Vanguard Scottsdale Fds	0.48% 37,120	$3,157,427,000	3.55%
Ishares Tr	0.20% 4,890	$2,570,875,000	2.89%
Altria Group Inc.	496.62% 56,416	$2,460,872,000	2.77%
Select Sector Spdr Tr	Opened 44,197	$3,614,052,000	4.07%
Mondelez International Inc.	515.07% 18,206	$1,274,395,000	1.43%
Vanguard World Fd	211.07% 3,907	$1,119,786,000	1.26%
Fiserv, Inc.	Opened 6,748	$1,078,465,000	1.21%
Microsoft Corporation	149.30% 2,326	$978,405,000	1.10%
Walmart Inc	Opened 14,106	$848,746,000	0.96%
Victory Portfolios II	No change 13,485	$802,762,000	0.90%
Regions Financial Corp.	3.60% 34,101	$717,482,000	0.81%
Proshares Tr	Opened 21,255	$756,054,000	0.85%
Fb Finl Corp	No change 15,298	$576,123,000	0.65%
Rayonier Advanced Matls Inc	No change 108,719	$519,677,000	0.58%
Amazon.com Inc.	Opened 2,308	$416,317,000	0.47%
Simplify Exchange Traded Fun	Opened 13,270	$412,564,000	0.46%
NVIDIA Corp	Opened 401	$362,328,000	0.41%
JPMorgan Chase & Co.	3.14% 1,541	$308,662,000	0.35%
Tractor Supply Co.	Opened 1,134	$296,877,000	0.33%
Procter And Gamble Co	Opened 1,790	$290,428,000	0.33%
Kraft Heinz Co	Opened 7,613	$280,929,000	0.32%
Invesco Exchange Traded Fd T	Opened 1,651	$279,630,000	0.31%
Chevron Corp.	Opened 1,719	$271,120,000	0.31%
Alphabet Inc	10.27% 1,748	$263,826,000	0.30%
United Cmnty Bks Blairsvle G	Opened 9,797	$257,861,000	0.29%
First Horizon Corporation	96.38% 16,180	$249,169,000	0.28%
VanEck ETF Trust	Opened 1,039	$233,765,000	0.26%
General Electric Co	Opened 1,311	$230,162,000	0.26%
Broadcom Inc.	7.10% 170	$225,623,000	0.25%
British Amern Tob Plc	Opened 6,937	$211,579,000	0.24%
Verizon Communications Inc	Opened 4,924	$206,614,000	0.23%
Lam Research Corp.	Opened 210	$204,030,000	0.23%
Clean Energy Fuels Corp	Opened 21,817	$58,470,000	0.07%
Northern Dynasty Minerals Lt	Opened 13,000	$4,134,000	0.00%
No transactions found
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