Patten 13F annual report
Patten is an investment fund managing more than $423 billion ran by Adrienne Zingrich. There are currently 165 companies in Mrs. Zingrich’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $50.7 billion.
$423 billion Assets Under Management (AUM)
As of 18th July 2024, Patten’s top holding is 251,399 shares of NVIDIA Corp currently worth over $31.1 billion and making up 7.3% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Patten owns more than approximately 0.1% of the company.
In addition, the fund holds 43,918 shares of Microsoft worth $19.6 billion, whose value grew 8.0% in the past six months.
The third-largest holding is Apple Inc worth $17.2 billion and the next is Coca-Cola Co worth $12 billion, with 188,728 shares owned.
Currently, Patten's portfolio is worth at least $423 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 Patten
The Patten office and employees reside in Chattanooga, Tennessee. According to the last 13-F report filed with the SEC, Adrienne Zingrich serves as the Chief Compliance Officer at Patten.
Recent trades
In the most recent 13F filing, Patten revealed that it had opened a new position in
Liberty All Star Equity Fd and bought 116,827 shares worth $794 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
225,362 additional shares.
This makes their stake in NVIDIA Corp total 251,399 shares worth $31.1 billion.
NVIDIA Corp dropped 73.0% in the past year.
On the other hand, there are companies that Patten is getting rid of from its portfolio.
Patten closed its position in Bank Montreal Que on 25th July 2024.
It sold the previously owned 4,484 shares for $438 million.
Adrienne Zingrich also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $19.6 billion and 43,918 shares.
One of the average hedge funds
The two most similar investment funds to Patten are Semper Augustus Investments Group and Sage Rhino Capital. They manage $423 billion and $423 billion respectively.
Adrienne Zingrich investment strategy
Patten’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 18.0% of
the total portfolio value.
The fund focuses on investments in the United States as
44.2% 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 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $182 billion.
The complete list of Patten trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| NVIDIA Corp |
865.55%
251,399
|
$31,057,824,000 | 7.34% |
| Microsoft Corporation |
0.05%
43,918
|
$19,629,316,000 | 4.64% |
| Apple Inc |
3.00%
81,722
|
$17,212,371,000 | 4.07% |
| Coca-Cola Co |
1.66%
188,728
|
$12,012,533,000 | 2.84% |
| Visa Inc |
0.88%
41,324
|
$10,846,414,000 | 2.56% |
| Kimberly-Clark Corp. |
No change
62,440
|
$8,629,270,000 | 2.04% |
| Ishares Tr |
2.20%
495,714
|
$56,960,513,000 | 13.46% |
| Spdr S&p 500 Etf Tr |
1.21%
13,352
|
$7,266,498,000 | 1.72% |
| JPMorgan Chase & Co. |
0.04%
33,546
|
$6,785,101,000 | 1.60% |
| Broadcom Inc |
1.54%
3,555
|
$5,708,120,000 | 1.35% |
| Berkshire Hathaway Inc. |
0.21%
13,612
|
$5,537,362,000 | 1.31% |
| Eaton Corp Plc |
0.17%
15,675
|
$4,914,896,000 | 1.16% |
| Alphabet Inc |
0.76%
44,911
|
$8,206,617,000 | 1.94% |
| Vanguard Bd Index Fds |
4.00%
120,915
|
$8,928,512,000 | 2.11% |
| Carrier Global Corporation |
0.32%
67,076
|
$4,231,146,000 | 1.00% |
| Xylem Inc |
0.02%
31,150
|
$4,224,896,000 | 1.00% |
| Astrazeneca plc |
0.23%
53,392
|
$4,164,104,000 | 0.98% |
| RTX Corp |
No change
37,499
|
$3,764,525,000 | 0.89% |
| Exxon Mobil Corp. |
0.51%
31,568
|
$3,634,108,000 | 0.86% |
| Johnson & Johnson |
1.84%
24,835
|
$3,629,878,000 | 0.86% |
| Linde Plc. |
0.93%
8,010
|
$3,514,958,000 | 0.83% |
| Chevron Corp. |
1.58%
22,250
|
$3,480,333,000 | 0.82% |
| Powershares Actively Managed |
12.48%
92,775
|
$3,470,708,000 | 0.82% |
| Cisco Sys Inc |
0.67%
69,897
|
$3,320,795,000 | 0.78% |
| Idexx Labs Inc |
No change
6,727
|
$3,277,394,000 | 0.77% |
| Chubb Limited |
0.60%
12,815
|
$3,268,850,000 | 0.77% |
| Stryker Corp. |
1.42%
9,387
|
$3,194,016,000 | 0.75% |
| Merck & Co Inc |
0.11%
25,091
|
$3,106,292,000 | 0.73% |
| Pepsico Inc |
3.92%
18,802
|
$3,101,032,000 | 0.73% |
| J P Morgan Exchange Traded F |
19.13%
146,468
|
$7,664,890,000 | 1.81% |
| Invesco Exch Traded Fd Tr Ii |
1.04%
131,386
|
$3,849,976,000 | 0.91% |
| Adobe Inc |
11.28%
5,209
|
$2,893,820,000 | 0.68% |
| Unitedhealth Group Inc |
0.04%
5,540
|
$2,821,300,000 | 0.67% |
| Eli Lilly & Co |
5.66%
3,025
|
$2,738,775,000 | 0.65% |
| Qualcomm, Inc. |
4.25%
13,748
|
$2,738,405,000 | 0.65% |
| Emerson Elec Co |
7.85%
23,844
|
$2,626,643,000 | 0.62% |
| Vanguard Scottsdale Fds |
4.19%
53,084
|
$3,978,792,000 | 0.94% |
| Honeywell International Inc |
1.52%
11,585
|
$2,473,861,000 | 0.58% |
| Vulcan Matls Co |
2.12%
9,821
|
$2,442,218,000 | 0.58% |
| NextEra Energy Inc |
2.45%
33,080
|
$2,342,417,000 | 0.55% |
| Amazon.com Inc. |
6.39%
11,612
|
$2,244,019,000 | 0.53% |
| Spdr Ser Tr |
3.57%
60,667
|
$4,730,510,000 | 1.12% |
| Marriott Intl Inc New |
No change
8,513
|
$2,058,188,000 | 0.49% |
| Vanguard Index Fds |
2.86%
20,808
|
$4,313,717,000 | 1.02% |
| Procter And Gamble Co |
0.21%
12,078
|
$1,991,855,000 | 0.47% |
| Ecolab, Inc. |
1.09%
8,260
|
$1,965,880,000 | 0.46% |
| Lowes Cos Inc |
0.49%
8,662
|
$1,909,625,000 | 0.45% |
| Walmart Inc |
0.06%
28,128
|
$1,904,547,000 | 0.45% |
| First Tr Exch Traded Fd Iii |
6.77%
108,131
|
$3,234,009,000 | 0.76% |
| Diamondback Energy Inc |
0.50%
9,286
|
$1,859,006,000 | 0.44% |
| Newmont Corp |
1.59%
44,121
|
$1,847,348,000 | 0.44% |
| Norfolk Southn Corp |
3.42%
8,460
|
$1,816,277,000 | 0.43% |
| Ishares U S Etf Tr |
0.01%
35,270
|
$1,775,139,000 | 0.42% |
| Novartis AG |
2.50%
16,513
|
$1,757,974,000 | 0.42% |
| AT&T Inc. |
10.21%
90,483
|
$1,729,130,000 | 0.41% |
| Pimco Etf Tr |
12.07%
42,790
|
$2,642,977,000 | 0.62% |
| International Business Machs |
No change
9,441
|
$1,632,821,000 | 0.39% |
| Colgate-Palmolive Co. |
8.04%
16,071
|
$1,559,514,000 | 0.37% |
| Canadian Natl Ry Co |
0.01%
13,147
|
$1,553,061,000 | 0.37% |
| Alcon Ag |
3.32%
17,219
|
$1,535,472,000 | 0.36% |
| Pinnacle Finl Partners Inc |
0.64%
18,798
|
$1,504,592,000 | 0.36% |
| Vanguard Intl Equity Index F |
No change
25,483
|
$1,494,323,000 | 0.35% |
| Regions Financial Corp. |
0.67%
74,477
|
$1,492,515,000 | 0.35% |
| Northrop Grumman Corp. |
No change
3,395
|
$1,480,213,000 | 0.35% |
| Truist Finl Corp |
4.86%
37,947
|
$1,474,257,000 | 0.35% |
| Autodesk Inc. |
3.81%
5,953
|
$1,473,070,000 | 0.35% |
| Enterprise Prods Partners L |
4.54%
50,263
|
$1,456,622,000 | 0.34% |
| Applied Matls Inc |
1.31%
6,119
|
$1,444,139,000 | 0.34% |
| Danaher Corp. |
0.59%
5,772
|
$1,442,025,000 | 0.34% |
| VanEck ETF Trust |
4.79%
16,156
|
$1,399,271,000 | 0.33% |
| Conocophillips |
2.41%
12,172
|
$1,392,247,000 | 0.33% |
| Wisdomtree Tr |
5.34%
50,298
|
$2,336,095,000 | 0.55% |
| Invesco Exchange Traded Fd T |
3.29%
43,277
|
$2,952,923,000 | 0.70% |
| Vanguard Whitehall Fds |
2.60%
22,224
|
$2,207,343,000 | 0.52% |
| Duke Energy Corp. |
1.75%
12,710
|
$1,273,927,000 | 0.30% |
| Phillips 66 |
1.24%
8,868
|
$1,251,947,000 | 0.30% |
| Corning, Inc. |
0.05%
32,053
|
$1,245,259,000 | 0.29% |
| Vanguard Specialized Funds |
1.50%
6,813
|
$1,243,713,000 | 0.29% |
| First Tr Exchange-traded Fd |
2.77%
38,970
|
$2,062,829,000 | 0.49% |
| Spdr Gold Tr |
22.97%
5,610
|
$1,206,206,000 | 0.29% |
| Veeva Sys Inc |
17.22%
6,554
|
$1,199,448,000 | 0.28% |
| Lockheed Martin Corp. |
4.27%
2,467
|
$1,152,336,000 | 0.27% |
| Omnicom Group, Inc. |
0.02%
12,841
|
$1,151,838,000 | 0.27% |
| Williams Cos Inc |
6.73%
27,026
|
$1,148,605,000 | 0.27% |
| American Wtr Wks Co Inc New |
1.37%
8,362
|
$1,080,036,000 | 0.26% |
| Tjx Cos Inc New |
4.35%
9,201
|
$1,013,030,000 | 0.24% |
| General Mls Inc |
14.56%
15,965
|
$1,009,946,000 | 0.24% |
| Palo Alto Networks Inc |
5.30%
2,879
|
$976,010,000 | 0.23% |
| Dbx Etf Tr |
1.03%
22,981
|
$952,333,000 | 0.23% |
| Kenvue Inc |
32.08%
51,372
|
$933,948,000 | 0.22% |
| Accenture Plc Ireland |
18.04%
3,075
|
$932,986,000 | 0.22% |
| Nxp Semiconductors N V |
1.23%
3,454
|
$929,434,000 | 0.22% |
| Home Depot, Inc. |
0.07%
2,695
|
$927,585,000 | 0.22% |
| Weyerhaeuser Co Mtn Be |
16.18%
32,661
|
$927,246,000 | 0.22% |
| Dollar Gen Corp New |
7.94%
6,969
|
$921,511,000 | 0.22% |
| Mdu Res Group Inc |
1.55%
36,539
|
$917,129,000 | 0.22% |
| Republic Svcs Inc |
0.02%
4,608
|
$895,519,000 | 0.21% |
| Dover Corp. |
No change
4,896
|
$883,483,000 | 0.21% |
| Sanofi |
10.77%
17,533
|
$850,698,000 | 0.20% |
| Nuveen S&p 500 Buy-write Inc |
22.46%
62,727
|
$846,815,000 | 0.20% |
| Verizon Communications Inc |
3.58%
20,007
|
$825,089,000 | 0.19% |
| Dominion Energy Inc |
0.08%
16,819
|
$824,131,000 | 0.19% |
| Crowdstrike Holdings Inc |
33.46%
2,146
|
$822,326,000 | 0.19% |
| Bank America Corp |
11.30%
19,979
|
$794,565,000 | 0.19% |
| Liberty All Star Equity Fd |
Opened
116,827
|
$794,424,000 | 0.19% |
| Enbridge Inc |
9.93%
22,297
|
$793,453,000 | 0.19% |
| Select Sector Spdr Tr |
1.84%
25,763
|
$2,441,440,000 | 0.58% |
| Abbott Labs |
3.39%
7,322
|
$760,829,000 | 0.18% |
| Mcdonalds Corp |
11.61%
2,940
|
$749,264,000 | 0.18% |
| Nike, Inc. |
7.16%
9,330
|
$703,202,000 | 0.17% |
| Constellation Brands Inc |
2.10%
2,720
|
$699,802,000 | 0.17% |
| Dow Inc |
2.20%
13,119
|
$695,985,000 | 0.16% |
| Ishares Silver Tr |
45.42%
25,829
|
$686,277,000 | 0.16% |
| Knife River Corp |
No change
9,653
|
$677,061,000 | 0.16% |
| Calamos Conv Opportunities & |
Opened
58,078
|
$676,028,000 | 0.16% |
| Mid-amer Apt Cmntys Inc |
Opened
4,695
|
$669,554,000 | 0.16% |
| Caterpillar Inc. |
0.10%
1,979
|
$659,146,000 | 0.16% |
| Aptiv PLC |
13.70%
9,085
|
$639,738,000 | 0.15% |
| Global X Fds |
0.07%
66,141
|
$1,423,418,000 | 0.34% |
| Oracle Corp. |
6.04%
4,110
|
$580,332,000 | 0.14% |
| Grocery Outlet Hldg Corp |
Opened
24,786
|
$548,266,000 | 0.13% |
| Ishares Tr |
Opened
23,135
|
$1,054,189,000 | 0.25% |
| Taiwan Semiconductor Mfg Ltd |
0.81%
3,066
|
$532,901,000 | 0.13% |
| The Southern Co. |
2.49%
6,297
|
$488,458,000 | 0.12% |
| Disney Walt Co |
8.04%
4,885
|
$485,032,000 | 0.11% |
| Church & Dwight Co., Inc. |
No change
4,540
|
$470,707,000 | 0.11% |
| Ventas Inc |
10.17%
8,999
|
$461,289,000 | 0.11% |
| Prologis Inc |
17.63%
4,084
|
$458,674,000 | 0.11% |
| Metlife Inc |
7.84%
6,383
|
$448,023,000 | 0.11% |
| Bank Montreal Que |
Closed
4,484
|
$437,997,000 | |
| Intel Corp. |
No change
13,998
|
$433,518,000 | 0.10% |
| Medtronic Plc |
0.71%
5,469
|
$430,427,000 | 0.10% |
| Pulte Group Inc |
2.95%
3,805
|
$418,931,000 | 0.10% |
| Ge Healthcare Technologies I |
58.08%
5,321
|
$414,612,000 | 0.10% |
| Rollins, Inc. |
No change
8,461
|
$412,812,000 | 0.10% |
| Netflix Inc. |
12.31%
602
|
$406,278,000 | 0.10% |
| Carlisle Cos Inc |
No change
981
|
$397,511,000 | 0.09% |
| Union Pac Corp |
No change
1,750
|
$395,955,000 | 0.09% |
| Dnp Select Income Fd Inc |
0.58%
46,508
|
$382,293,000 | 0.09% |
| Ishares Inc |
7.18%
5,703
|
$376,911,000 | 0.09% |
| Unum Group |
No change
7,231
|
$369,592,000 | 0.09% |
| Ssga Active Etf Tr |
50.21%
8,834
|
$369,261,000 | 0.09% |
| World Gold Tr |
15.70%
7,983
|
$367,936,000 | 0.09% |
| Simmons 1st Natl Corp |
7.38%
20,696
|
$363,836,000 | 0.09% |
| Vanguard World Fd |
11.82%
1,145
|
$359,642,000 | 0.08% |
| Blackrock Core Bd Tr |
18.88%
33,170
|
$353,261,000 | 0.08% |
| Proshares Tr |
1.52%
9,983
|
$673,568,000 | 0.16% |
| Stonex Group Inc |
No change
4,575
|
$344,543,000 | 0.08% |
| WestRock Co |
0.37%
6,770
|
$340,283,000 | 0.08% |
| Five Below Inc |
18.53%
3,029
|
$330,070,000 | 0.08% |
| American Express Co. |
33.83%
1,416
|
$327,875,000 | 0.08% |
| International Paper Co. |
1.89%
7,488
|
$323,098,000 | 0.08% |
| Indexiq Etf Tr |
0.81%
10,115
|
$313,868,000 | 0.07% |
| Starbucks Corp. |
Closed
3,372
|
$308,167,000 | |
| Abbvie Inc |
No change
1,731
|
$296,901,000 | 0.07% |
| Atmos Energy Corp. |
No change
2,500
|
$291,625,000 | 0.07% |
| Sempra |
4.35%
3,718
|
$282,791,000 | 0.07% |
| Lauder Estee Cos Inc |
Closed
1,772
|
$273,154,000 | |
| GE Aerospace |
No change
1,655
|
$263,095,000 | 0.06% |
| Host Hotels & Resorts Inc |
4.15%
14,594
|
$262,400,000 | 0.06% |
| Walgreens Boots Alliance Inc |
2.16%
21,524
|
$260,333,000 | 0.06% |
| United Parcel Service, Inc. |
Closed
1,728
|
$256,833,000 | |
| Blackrock Inc. |
11.91%
318
|
$250,368,000 | 0.06% |
| TE Connectivity Ltd |
No change
1,567
|
$235,724,000 | 0.06% |
| Laboratory Corp Amer Hldgs |
Closed
1,078
|
$235,500,000 | |
| Rbb Fd Inc |
6.56%
8,003
|
$235,448,000 | 0.06% |
| Philip Morris International Inc |
Opened
2,105
|
$213,300,000 | 0.05% |
| Ishares Gold Tr |
Closed
5,017
|
$210,764,000 | |
| Bjs Whsl Club Hldgs Inc |
Opened
2,362
|
$207,478,000 | 0.05% |
| Advanced Micro Devices Inc. |
Opened
1,267
|
$205,520,000 | 0.05% |
| Vanguard Charlotte Fds |
Opened
4,150
|
$201,981,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 171 holdings | |||
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