Argyll Research 13F annual report

Argyll Research is an investment fund managing more than $377 million ran by Brian Davis. There are currently 3 companies in Mr. Davis’s portfolio. The largest investments include Enterprise Products Partners LP and TC Pipelines LP, together worth $376 million.

$377 million Assets Under Management (AUM)

As of 7th October 2020, Argyll Research’s top holding is 10,892,598 shares of Enterprise Products Partners LP currently worth over $311 million and making up 82.6% of the portfolio value. Relative to the number of outstanding shares of Enterprise Products Partners LP, Argyll Research owns more than approximately 0.1% of the company. In addition, the fund holds 1,584,853 shares of TC Pipelines LP worth $64.5 million, whose value fell 4.0% in the past six months. The third-largest holding is Plains All American Pipeline LP worth $1.03 million.

Currently, Argyll Research's portfolio is worth at least $377 million. 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 Argyll Research

The Argyll Research office and employees reside in Wilmington, Delaware. According to the last 13-F report filed with the SEC, Brian Davis serves as the Business Manager at Argyll Research.

Recent trades

In the most recent 13F filing, Argyll Research revealed that it had increased its stake in TC Pipelines LP and bought 8,749 additional shares worth around $266 thousand. This means they effectively own approximately 0.1% of the company. TC Pipelines LP makes up 17.1% of the fund's Energy sector allocation and has decreased its share price by 22.3% in the past year.

On the other hand, Brian Davis disclosed a decreased stake in Enterprise Products Partners LP by approximately 0.1%. This leaves the value of the investment at $311 million and 10,892,598 shares.

One of the average hedge funds

The two most similar investment funds to Argyll Research are M.d. Sass Investors Services, Inc and Cowen And Company. They manage $377 million and $377 million respectively.

Brian Davis investment strategy

Argyll Research’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Energy — making up 100.0% of the total portfolio value. The fund focuses on investments in the United States as 100.0% 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 33% 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 $13.3 billion.

The complete list of Argyll Research trades based on 13F SEC filings

These positions were updated on November 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
Enterprise Products Partners LP	0.41% 10,892,598	$311,311,000	82.62%
TC Pipelines LP	0.56% 1,584,853	$64,455,000	17.11%
Plains All American Pipeline LP	17.45% 49,599	$1,029,000	0.27%
No transactions found
Showing first 500 out of 3 holdings