Davis-rea Ltd 13F annual report

Davis-rea Ltd is an investment fund managing more than $220 billion ran by John O'connell. There are currently 35 companies in Mr. O'connell’s portfolio. The largest investments include Amazon.com and Alphabet Inc, together worth $41 billion.

Limited to 30 biggest holdings

$220 billion Assets Under Management (AUM)

As of 29th April 2024, Davis-rea Ltd’s top holding is 132,908 shares of Amazon.com currently worth over $24 billion and making up 10.9% of the portfolio value. Relative to the number of outstanding shares of Amazon.com, Davis-rea Ltd owns more than approximately 0.1% of the company. In addition, the fund holds 112,789 shares of Alphabet Inc worth $17 billion, whose value grew 28.6% in the past six months. The third-largest holding is Meta Platforms Inc worth $16.4 billion and the next is Accenture plc worth $15.1 billion, with 43,503 shares owned.

Currently, Davis-rea Ltd's portfolio is worth at least $220 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 Davis-rea Ltd

The Davis-rea Ltd office and employees reside in Toronto, Ontario, Canada. According to the last 13-F report filed with the SEC, John O'connell serves as the CEO at Davis-rea Ltd.

Recent trades

In the most recent 13F filing, Davis-rea Ltd revealed that it had opened a new position in Ishares 20 Yr Treas Bond Fund and bought 142,005 shares worth $13.4 billion.

The investment fund also strengthened its position in Amazon.com by buying 2,917 additional shares. This makes their stake in Amazon.com total 132,908 shares worth $24 billion. Amazon.com dropped approximately 0.1% in the past year.

On the other hand, there are companies that Davis-rea Ltd is getting rid of from its portfolio. Davis-rea Ltd closed its position in Cboe Global Markets on 6th May 2024. It sold the previously owned 35,000 shares for $6.25 billion. John O'connell also disclosed a decreased stake in Meta Platforms Inc by 0.3%. This leaves the value of the investment at $16.4 billion and 33,700 shares.

One of the smallest hedge funds

The two most similar investment funds to Davis-rea Ltd are Signature Wealth Management and Elevatus Welath Management. They manage $220 billion and $219 billion respectively.


John O'connell investment strategy

Davis-rea Ltd’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 36.8% of the total portfolio value. The fund focuses on investments in the United States as 51.4% 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 66% of the total holdings value. On the other hand, small-cap stocks make up only 5.7% of the portfolio. The average market cap of the portfolio companies is close to $276 billion.

The complete list of Davis-rea Ltd trades based on 13F SEC filings

These positions were updated on May 6th 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
Amazon.com Inc.
2.24%
132,908
$23,973,945,000 10.92%
Alphabet Inc
13.37%
112,789
$17,023,244,000 7.75%
Meta Platforms Inc
25.74%
33,700
$16,364,046,000 7.45%
Accenture plc
87.90%
43,503
$15,078,575,000 6.87%
Microsoft Corporation
20.18%
35,071
$14,755,071,000 6.72%
Ishares 20 Yr Treas Bond Fund
Opened
142,005
$13,436,513,000 6.12%
Stryker Corp.
4.17%
34,936
$12,530,508,000 5.71%
Bank Of America Corp.
41.00%
328,835
$12,469,423,000 5.68%
Thermo Fisher Scientific Inc.
2.15%
19,433
$11,302,267,000 5.15%
Unitedhealth Group Inc
103.17%
20,278
$10,031,527,000 4.57%
Synopsys, Inc.
2.17%
15,747
$8,999,411,000 4.10%
Cloudflare Inc
Opened
87,087
$8,432,634,000 3.84%
Mcdonald's Corp
1.27%
29,211
$8,236,041,000 3.75%
PNC Financial Services Group Inc
15.06%
44,372
$7,170,515,000 3.27%
Rockwell Automation Inc
19.21%
23,379
$6,811,004,000 3.10%
Cboe Global Markets Inc.
Closed
35,000
$6,249,600,000
First Horizon Corporation
Closed
415,405
$5,944,446,000
Danaher Corp.
3.12%
22,536
$5,633,775,000 2.57%
Apple Inc
Closed
20,671
$3,979,788,000
JPMorgan Chase & Co.
46.69%
19,022
$3,810,107,000 1.73%
Morgan Stanley
Opened
40,300
$3,794,648,000 1.73%
Toronto Dominion Bank
36.22%
60,183
$3,634,863,000 1.66%
Cintas Corporation
14.48%
5,174
$3,554,693,000 1.62%
Royal Bank Of Canada
17.89%
27,957
$2,821,807,000 1.28%
Brookfield Infrastructure Partners Lp
13.41%
75,417
$2,353,765,000 1.07%
Brookfield Corporation Cl-a Lvs
54.06%
28,048
$1,174,515,000 0.53%
Pepsico Inc
3.28%
5,989
$1,055,836,000 0.48%
Fortis Inc.
19.94%
24,435
$966,174,000 0.44%
Enbridge Inc
44.67%
21,524
$778,400,000 0.35%
Home Depot, Inc.
34.53%
1,773
$680,123,000 0.31%
Bank of Montreal
30.92%
6,586
$643,494,000 0.29%
Bank Of Nova Scotia
32.99%
11,885
$615,259,000 0.28%
Shopify Inc Cl-a Svs
1.58%
7,150
$552,013,000 0.25%
Brookfield Infrastructure Corporation
42.53%
9,017
$325,066,000 0.15%
Berkshire Hathaway-b Inc
No change
590
$248,107,000 0.11%
Alphabet Inc
9.27%
1,420
$216,209,000 0.10%
Pembina Pipeline Corporation
Closed
6,102
$210,759,000
Baytex Energy Corp
1.25%
19,780
$71,789,000 0.03%
Algonquin Power & Utilities Corp
No change
10,929
$70,302,000 0.03%
No transactions found
Showing first 500 out of 39 holdings