Ironvine Capital Partners 13F annual report
Ironvine Capital Partners is an investment fund managing more than $913 billion ran by Ryan Mendlik. There are currently 44 companies in Mr. Mendlik’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $149 billion.
$913 billion Assets Under Management (AUM)
As of 7th August 2024, Ironvine Capital Partners’s top holding is 199,512 shares of Microsoft currently worth over $89.2 billion and making up 9.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Ironvine Capital Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 324,210 shares of Alphabet Inc worth $59.5 billion, whose value grew 12.5% in the past six months.
The third-largest holding is Amazon.com worth $54.7 billion and the next is Analog Devices worth $51 billion, with 223,232 shares owned.
Currently, Ironvine Capital Partners's portfolio is worth at least $913 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 Ironvine Capital Partners
The Ironvine Capital Partners office and employees reside in Omaha, Nebraska. According to the last 13-F report filed with the SEC, Ryan Mendlik serves as the Chief Compliance Officer at Ironvine Capital Partners.
Recent trades
In the most recent 13F filing, Ironvine Capital Partners revealed that it had opened a new position in
Labcorp and bought 92,269 shares worth $18.8 billion.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
15.6%
of the fund's Health Care sector allocation and has grown its share price by 3.0% in the past year.
The investment fund also strengthened its position in Analog Devices by buying
32 additional shares.
This makes their stake in Analog Devices total 223,232 shares worth $51 billion.
Analog Devices soared 14.4% in the past year.
On the other hand, there are companies that Ironvine Capital Partners is getting rid of from its portfolio.
Ironvine Capital Partners closed its position in Laboratory Corp Amer Hldgs on 14th August 2024.
It sold the previously owned 92,325 shares for $20.2 billion.
Ryan Mendlik also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $89.2 billion and 199,512 shares.
One of the average hedge funds
The two most similar investment funds to Ironvine Capital Partners are Crescent Grove Advisors and Gds Wealth Management. They manage $913 billion and $911 billion respectively.
Ryan Mendlik investment strategy
Ironvine Capital Partners’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 25.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
50% 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 $421 billion.
The complete list of Ironvine Capital Partners 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 |
|---|---|---|---|
| Microsoft Corporation |
4.17%
199,512
|
$89,171,888,000 | 9.77% |
| Alphabet Inc |
0.18%
324,210
|
$59,466,598,000 | 6.51% |
| Amazon.com Inc. |
0.24%
282,823
|
$54,655,545,000 | 5.99% |
| Analog Devices Inc. |
0.01%
223,232
|
$50,954,936,000 | 5.58% |
| Sp Global Inc |
0.11%
101,185
|
$45,128,510,000 | 4.94% |
| Thermo Fisher Scientific Inc. |
0.04%
77,500
|
$42,857,500,000 | 4.69% |
| Heico Corp. |
0.01%
281,369
|
$51,938,192,000 | 5.69% |
| Berkshire Hathaway Inc. |
3.57%
103,512
|
$42,108,682,000 | 4.61% |
| Visa Inc |
0.12%
157,159
|
$41,249,523,000 | 4.52% |
| Moodys Corp |
2.70%
87,672
|
$36,903,775,000 | 4.04% |
| Costar Group, Inc. |
3.76%
470,815
|
$34,906,224,000 | 3.82% |
| Unitedhealth Group Inc |
1.36%
63,642
|
$32,410,325,000 | 3.55% |
| Adobe Inc |
0.17%
57,577
|
$31,986,327,000 | 3.50% |
| Aon plc. |
1.58%
106,418
|
$31,242,196,000 | 3.42% |
| Mastercard Incorporated |
0.03%
66,991
|
$29,553,750,000 | 3.24% |
| Dollar Tree Inc |
4.44%
274,303
|
$29,287,331,000 | 3.21% |
| Costco Whsl Corp New |
4.04%
33,200
|
$28,219,684,000 | 3.09% |
| Danaher Corp. |
0.03%
103,098
|
$25,759,035,000 | 2.82% |
| Lowes Cos Inc |
0.04%
109,326
|
$24,102,010,000 | 2.64% |
| Laboratory Corp Amer Hldgs |
Closed
92,325
|
$20,169,320,000 | |
| Labcorp Holdings Inc. |
Opened
92,269
|
$18,777,664,000 | 2.06% |
| Oreilly Automotive Inc |
1.25%
16,748
|
$17,686,893,000 | 1.94% |
| Apple Inc |
10.40%
79,703
|
$16,787,046,000 | 1.84% |
| Dollar Gen Corp New |
6.93%
95,177
|
$12,585,255,000 | 1.38% |
| Union Pac Corp |
0.05%
54,541
|
$12,340,447,000 | 1.35% |
| Deere Co |
Opened
21,396
|
$7,994,187,000 | 0.88% |
| Disney Walt Co |
0.07%
78,054
|
$7,749,982,000 | 0.85% |
| Boston Omaha Corp |
14.08%
479,912
|
$6,459,616,000 | 0.71% |
| Jpmorgan Chase Co. |
0.62%
30,972
|
$6,264,397,000 | 0.69% |
| Taiwan Semiconductor Mfg Ltd |
No change
34,637
|
$6,020,257,000 | 0.66% |
| PayPal Holdings Inc |
0.08%
80,974
|
$4,698,921,000 | 0.51% |
| Fortrea Hldgs Inc |
Closed
84,293
|
$3,383,521,000 | |
| Bank America Corp |
No change
76,179
|
$3,029,639,000 | 0.33% |
| Old Dominion Freight Line In |
46.16%
11,357
|
$2,005,646,000 | 0.22% |
| Abbott Labs |
No change
14,037
|
$1,458,585,000 | 0.16% |
| General Dynamics Corp. |
No change
3,900
|
$1,131,546,000 | 0.12% |
| Mccormick Co Inc |
No change
13,200
|
$936,408,000 | 0.10% |
| Becton Dickinson Co |
No change
3,850
|
$899,784,000 | 0.10% |
| Procter And Gamble Co |
No change
4,940
|
$814,705,000 | 0.09% |
| Pepsico Inc |
No change
4,900
|
$808,157,000 | 0.09% |
| Price T Rowe Group Inc |
No change
6,100
|
$703,391,000 | 0.08% |
| Vanguard Index Fds |
No change
1,205
|
$602,657,000 | 0.07% |
| Pfizer Inc. |
No change
16,953
|
$474,345,000 | 0.05% |
| J P Morgan Exchange Traded F |
No change
6,441
|
$325,077,000 | 0.04% |
| Intuit Inc |
No change
400
|
$262,884,000 | 0.03% |
| Alphabet Inc |
Opened
1,146
|
$208,744,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||
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