Southeast Asset Advisors 13F annual report
Southeast Asset Advisors is an investment fund managing more than $831 billion ran by Mark Saussy. There are currently 145 companies in Mr. Saussy’s portfolio. The largest investments include Berkshire Hathaway and Alphabet Inc, together worth $259 billion.
$831 billion Assets Under Management (AUM)
As of 5th August 2024, Southeast Asset Advisors’s top holding is 321,363 shares of Berkshire Hathaway currently worth over $152 billion and making up 18.3% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Southeast Asset Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 582,479 shares of Alphabet Inc worth $107 billion, whose value grew 11.2% in the past six months.
The third-largest holding is Flowers Foods worth $75.6 billion and the next is Apple Inc worth $63.6 billion, with 301,934 shares owned.
Currently, Southeast Asset Advisors's portfolio is worth at least $831 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 Southeast Asset Advisors
The Southeast Asset Advisors office and employees reside in Thomasville, Georgia. According to the last 13-F report filed with the SEC, Mark Saussy serves as the Chief Operating Officer at Southeast Asset Advisors.
Recent trades
In the most recent 13F filing, Southeast Asset Advisors revealed that it had opened a new position in
Taiwan Semiconductor Mfg Ltd and bought 3,355 shares worth $583 million.
The investment fund also strengthened its position in Flowers Foods by buying
1,958 additional shares.
This makes their stake in Flowers Foods total 3,404,045 shares worth $75.6 billion.
Flowers Foods dropped approximately 0.1% in the past year.
On the other hand, there are companies that Southeast Asset Advisors is getting rid of from its portfolio.
Southeast Asset Advisors closed its position in Idexx Labs Inc on 12th August 2024.
It sold the previously owned 1,600 shares for $864 million.
Mark Saussy also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $152 billion and 321,363 shares.
One of the average hedge funds
The two most similar investment funds to Southeast Asset Advisors are Caledonia Investments PLC and Meridian Wealth Management. They manage $831 billion and $831 billion respectively.
Mark Saussy investment strategy
Southeast Asset Advisors’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 21.5% of
the total portfolio value.
The fund focuses on investments in the United States as
55.2% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 0.7% of the portfolio.
The average market cap of the portfolio companies is close to $178 billion.
The complete list of Southeast Asset Advisors trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
1.38%
321,363
|
$152,144,535,000 | 18.31% |
| Alphabet Inc |
5.92%
582,479
|
$106,827,723,000 | 12.85% |
| Flowers Foods, Inc. |
0.06%
3,404,045
|
$75,569,796,000 | 9.09% |
| Apple Inc |
0.20%
301,934
|
$63,593,265,000 | 7.65% |
| CNX Resources Corp |
0.01%
2,247,589
|
$54,616,413,000 | 6.57% |
| Vanguard Index Fds |
0.04%
53,705
|
$26,259,490,000 | 3.16% |
| Coca-Cola Co |
0.92%
342,211
|
$21,781,726,000 | 2.62% |
| Microsoft Corporation |
1.34%
40,904
|
$18,282,072,000 | 2.20% |
| Invesco Exchange Traded Fd T |
1.05%
100,952
|
$16,584,313,000 | 2.00% |
| Chevron Corp. |
0.78%
81,016
|
$12,672,580,000 | 1.52% |
| Aflac Inc. |
0.00%
139,167
|
$12,429,035,000 | 1.50% |
| Exxon Mobil Corp. |
0.26%
71,809
|
$8,266,701,000 | 0.99% |
| Vaneck Vectors Etf Tr |
No change
232,385
|
$7,884,823,000 | 0.95% |
| Spdr Ser Tr |
No change
104,420
|
$10,193,292,000 | 1.23% |
| Spdr Gold Tr |
No change
35,043
|
$7,534,595,000 | 0.91% |
| Pinnacle Finl Partners Inc |
No change
93,542
|
$7,487,102,000 | 0.90% |
| Johnson & Johnson |
0.03%
49,576
|
$7,246,084,000 | 0.87% |
| Tempur Sealy International Inc |
0.73%
150,457
|
$7,122,634,000 | 0.86% |
| Martin Marietta Matls Inc |
0.82%
12,689
|
$6,874,900,000 | 0.83% |
| Live Nation Entertainment In |
1.48%
72,428
|
$6,789,401,000 | 0.82% |
| CDW Corp |
0.79%
27,922
|
$6,250,060,000 | 0.75% |
| Morningstar Inc |
0.80%
20,384
|
$6,030,606,000 | 0.73% |
| Brown & Brown, Inc. |
0.87%
65,738
|
$5,877,635,000 | 0.71% |
| J P Morgan Exchange Traded F |
24.14%
203,070
|
$10,792,018,000 | 1.30% |
| Wabtec |
0.81%
34,453
|
$5,445,297,000 | 0.66% |
| Core & Main, Inc. |
0.55%
105,035
|
$5,140,413,000 | 0.62% |
| Ishares Gold Tr |
23.90%
115,540
|
$5,075,672,000 | 0.61% |
| Middleby Corp. |
13.90%
41,357
|
$5,070,782,000 | 0.61% |
| Ceridian Hcm Hldg Inc |
2.15%
93,587
|
$4,641,915,000 | 0.56% |
| Vertiv Holdings Co |
46.90%
50,910
|
$4,407,279,000 | 0.53% |
| Schwab Charles Corp |
2.23%
59,661
|
$4,396,441,000 | 0.53% |
| Amazon.com Inc. |
5.67%
20,414
|
$3,945,006,000 | 0.47% |
| Kraft Heinz Co |
0.32%
117,035
|
$3,770,857,000 | 0.45% |
| Signet Jewelers Limited |
5.87%
41,196
|
$3,690,338,000 | 0.44% |
| Entegris Inc |
0.87%
26,564
|
$3,596,766,000 | 0.43% |
| Trimble Inc |
0.55%
63,698
|
$3,561,992,000 | 0.43% |
| Clean Harbors, Inc. |
0.94%
15,369
|
$3,475,699,000 | 0.42% |
| Davis Fundamental Etf Tr |
4.08%
94,110
|
$3,138,192,000 | 0.38% |
| Service Corp Intl |
34.36%
43,617
|
$3,102,477,000 | 0.37% |
| Toro Co. |
4.18%
33,081
|
$3,093,404,000 | 0.37% |
| Revvity Inc. |
1.02%
28,025
|
$2,938,702,000 | 0.35% |
| Tractor Supply Co. |
8.27%
10,706
|
$2,890,620,000 | 0.35% |
| ITT Inc |
35.80%
22,371
|
$2,889,886,000 | 0.35% |
| Paychex Inc. |
1.00%
22,855
|
$2,709,689,000 | 0.33% |
| Vail Resorts Inc. |
3.13%
15,006
|
$2,703,031,000 | 0.33% |
| Visa Inc |
0.25%
10,145
|
$2,662,760,000 | 0.32% |
| Teledyne Technologies Inc |
17.15%
6,735
|
$2,613,045,000 | 0.31% |
| Ishares Tr |
1.57%
60,475
|
$7,130,855,000 | 0.86% |
| Regions Finl Corp New |
0.58%
124,364
|
$2,492,248,000 | 0.30% |
| Costco Whsl Corp New |
No change
2,906
|
$2,469,966,000 | 0.30% |
| Vulcan Matls Co |
0.01%
9,925
|
$2,468,167,000 | 0.30% |
| KKR & Co. Inc |
No change
22,357
|
$2,352,851,000 | 0.28% |
| Abbvie Inc |
0.01%
13,396
|
$2,297,653,000 | 0.28% |
| Fortune Brands Innovations I |
329.97%
32,678
|
$2,122,109,000 | 0.26% |
| Vanguard Specialized Portfol |
1.97%
11,537
|
$2,106,039,000 | 0.25% |
| Quanta Svcs Inc |
13.60%
8,162
|
$2,073,850,000 | 0.25% |
| Fedex Corp |
3.76%
6,267
|
$1,879,091,000 | 0.23% |
| Markel Group Inc |
No change
1,156
|
$1,821,463,000 | 0.22% |
| Bio-Techne Corp |
15.41%
25,196
|
$1,805,293,000 | 0.22% |
| Smith A O Corp |
14.68%
21,584
|
$1,765,140,000 | 0.21% |
| Tjx Cos Inc New |
No change
15,800
|
$1,739,580,000 | 0.21% |
| Steris Plc |
1.03%
7,796
|
$1,711,534,000 | 0.21% |
| The Southern Co. |
4.07%
21,637
|
$1,678,395,000 | 0.20% |
| Ishares Silver Tr |
No change
60,748
|
$1,614,074,000 | 0.19% |
| Mcdonalds Corp |
0.15%
6,062
|
$1,544,742,000 | 0.19% |
| Amphenol Corp. |
0.61%
22,226
|
$1,497,366,000 | 0.18% |
| Eaton Corp Plc |
0.71%
4,623
|
$1,449,542,000 | 0.17% |
| Emcor Group, Inc. |
101.88%
3,864
|
$1,410,669,000 | 0.17% |
| Spdr S&p 500 Etf Tr |
0.04%
2,558
|
$1,392,305,000 | 0.17% |
| Caterpillar Inc. |
0.12%
4,147
|
$1,381,273,000 | 0.17% |
| Pfizer Inc. |
1.24%
47,391
|
$1,325,992,000 | 0.16% |
| Walmart Inc |
0.17%
17,968
|
$1,216,646,000 | 0.15% |
| PTC Inc |
0.80%
6,232
|
$1,132,167,000 | 0.14% |
| Home Depot, Inc. |
1.44%
3,282
|
$1,129,795,000 | 0.14% |
| Rollins, Inc. |
20.15%
22,980
|
$1,121,194,000 | 0.13% |
| Deere & Co. |
0.14%
2,934
|
$1,096,285,000 | 0.13% |
| Disney Walt Co |
3.30%
10,565
|
$1,049,047,000 | 0.13% |
| Intel Corp. |
0.12%
32,110
|
$994,456,000 | 0.12% |
| Merck & Co Inc |
0.35%
7,649
|
$946,971,000 | 0.11% |
| JPMorgan Chase & Co. |
0.04%
4,679
|
$946,397,000 | 0.11% |
| Doubleline Etf Trust |
No change
37,553
|
$1,134,628,000 | 0.14% |
| Packaging Corp Amer |
0.36%
5,065
|
$924,600,000 | 0.11% |
| Pool Corporation |
22.57%
2,960
|
$909,697,000 | 0.11% |
| Idexx Labs Inc |
Closed
1,600
|
$863,888,000 | |
| Procter & Gamble Co. |
0.45%
5,079
|
$837,678,000 | 0.10% |
| Abbott Labs |
0.33%
7,960
|
$827,114,000 | 0.10% |
| Cisco Sys Inc |
0.41%
15,566
|
$739,518,000 | 0.09% |
| NextEra Energy Inc |
No change
10,440
|
$739,256,000 | 0.09% |
| Global Pmts Inc |
No change
7,407
|
$716,257,000 | 0.09% |
| CSX Corp. |
No change
19,854
|
$664,120,000 | 0.08% |
| Sonoco Prods Co |
0.34%
12,884
|
$653,452,000 | 0.08% |
| United Parcel Service, Inc. |
0.84%
4,705
|
$643,879,000 | 0.08% |
| Dollar Gen Corp New |
No change
4,740
|
$626,797,000 | 0.08% |
| Oxford Inds Inc |
Closed
5,500
|
$618,200,000 | |
| Kenvue Inc |
23.66%
33,052
|
$600,894,000 | 0.07% |
| Taiwan Semiconductor Mfg Ltd |
Opened
3,355
|
$583,133,000 | 0.07% |
| Duckhorn Portfolio, Inc. |
0.94%
78,456
|
$557,038,000 | 0.07% |
| Chipotle Mexican Grill |
Opened
8,650
|
$541,923,000 | 0.07% |
| Intuit Inc |
No change
777
|
$510,652,000 | 0.06% |
| Accenture Plc Ireland |
5.84%
1,666
|
$505,465,000 | 0.06% |
| NVIDIA Corp |
904.47%
4,048
|
$500,145,000 | 0.06% |
| Sherwin-Williams Co. |
No change
1,636
|
$488,231,000 | 0.06% |
| Lilly Eli & Co |
No change
520
|
$470,559,000 | 0.06% |
| Oscar Health, Inc. |
Closed
30,790
|
$457,847,000 | |
| Pepsico Inc |
0.75%
2,776
|
$457,846,000 | 0.06% |
| American Tower Corp. |
No change
2,300
|
$447,074,000 | 0.05% |
| Oracle Corp. |
4.62%
3,079
|
$434,818,000 | 0.05% |
| Stryker Corp. |
1.66%
1,244
|
$423,271,000 | 0.05% |
| Parker-Hannifin Corp. |
No change
836
|
$422,857,000 | 0.05% |
| Automatic Data Processing In |
No change
1,771
|
$422,720,000 | 0.05% |
| Bristol-Myers Squibb Co. |
Closed
7,678
|
$416,366,000 | |
| Vanguard Scottsdale Fds |
No change
5,311
|
$410,408,000 | 0.05% |
| Tc Bancshares Inc |
55.75%
30,000
|
$405,000,000 | 0.05% |
| Bank America Corp |
0.07%
10,106
|
$401,925,000 | 0.05% |
| Tesla Inc |
60.62%
2,011
|
$397,937,000 | 0.05% |
| Lumen Technologies, Inc. |
19.36%
360,113
|
$396,124,000 | 0.05% |
| International Business Machs |
No change
2,283
|
$394,845,000 | 0.05% |
| Truist Finl Corp |
No change
9,765
|
$379,370,000 | 0.05% |
| Dole plc |
Opened
30,516
|
$373,512,000 | 0.04% |
| Blackstone Inc |
No change
2,830
|
$350,354,000 | 0.04% |
| GATX Corp. |
0.19%
2,633
|
$348,555,000 | 0.04% |
| Marvell Technology Inc |
0.69%
4,953
|
$346,215,000 | 0.04% |
| Unitedhealth Group Inc |
No change
668
|
$340,440,000 | 0.04% |
| AMGEN Inc. |
No change
1,076
|
$336,161,000 | 0.04% |
| Shell Plc |
No change
4,558
|
$328,996,000 | 0.04% |
| Verizon Communications Inc |
Closed
7,589
|
$318,434,000 | |
| Meta Platforms Inc |
No change
631
|
$318,163,000 | 0.04% |
| Nucor Corp. |
No change
2,000
|
$316,160,000 | 0.04% |
| Norfolk Southn Corp |
0.14%
1,461
|
$313,644,000 | 0.04% |
| Raytheon Technologies Corp |
2.10%
3,079
|
$309,101,000 | 0.04% |
| AT&T, Inc. |
Closed
17,417
|
$306,538,000 | |
| Schwab Strategic Tr |
No change
4,674
|
$300,305,000 | 0.04% |
| Union Pac Corp |
0.31%
1,301
|
$294,262,000 | 0.04% |
| American Express Co. |
0.16%
1,270
|
$294,112,000 | 0.04% |
| Lyondellbasell Industries N |
0.39%
3,056
|
$292,301,000 | 0.04% |
| Church & Dwight Co., Inc. |
No change
2,729
|
$282,943,000 | 0.03% |
| Novartis AG |
2.38%
2,620
|
$278,925,000 | 0.03% |
| Broadcom Inc |
1.16%
171
|
$275,056,000 | 0.03% |
| Select Sector Spdr Tr |
No change
1,167
|
$264,010,000 | 0.03% |
| Advanced Micro Devices Inc. |
Opened
1,558
|
$252,723,000 | 0.03% |
| Middlesex Wtr Co |
No change
4,749
|
$248,157,000 | 0.03% |
| Compass Diversified |
Closed
10,000
|
$240,700,000 | |
| Kontoor Brands Inc |
No change
3,565
|
$235,825,000 | 0.03% |
| Sysco Corp. |
No change
3,230
|
$230,590,000 | 0.03% |
| Raymond James Finl Inc |
No change
1,846
|
$228,184,000 | 0.03% |
| General Electric Co |
Closed
1,239
|
$217,482,000 | |
| Cogent Communications Hldgs |
Closed
3,314
|
$216,504,000 | |
| Boeing Co. |
No change
1,152
|
$209,676,000 | 0.03% |
| Blackrock Inc. |
Closed
251
|
$209,259,000 | |
| Colgate-Palmolive Co. |
Opened
2,149
|
$208,539,000 | 0.03% |
| Chubb Limited |
No change
786
|
$200,493,000 | 0.02% |
| Ford Mtr Co Del |
0.08%
10,028
|
$125,755,000 | 0.02% |
| Corsair Gaming, Inc. |
Closed
10,000
|
$123,400,000 | |
| Monroe Cap Corp |
No change
16,000
|
$121,760,000 | 0.01% |
| Medical Pptys Trust Inc |
3.02%
25,176
|
$108,510,000 | 0.01% |
| Algonquin Pwr Utils Corp |
Opened
15,000
|
$87,900,000 | 0.01% |
| Danimer Scientific, Inc. |
Closed
40,686
|
$44,348,000 | |
| No transactions found | |||
| Showing first 500 out of 157 holdings | |||
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